Stock Analysis on Net

Norfolk Southern Corp. (NYSE:NSC)

This company has been moved to the archive! The financial data has not been updated since April 27, 2022.

Balance Sheet: Assets 
Quarterly Data

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Assets are resources controlled by the company as a result of past events and from which future economic benefits are expected to flow to the entity.

Norfolk Southern Corp., consolidated balance sheet: assets (quarterly data)

US$ in millions

Microsoft Excel
Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017
Cash and cash equivalents 1,571 839 1,465 1,670 998 1,115 1,359 1,143 608 580 452 274 411 358 729 430 1,072 690 724 642 955
Accounts receivable, net 1,070 976 945 941 944 848 883 822 889 920 973 1,039 1,048 1,009 1,043 1,035 973 955 973 926 998
Materials and supplies 264 218 235 246 241 221 247 257 265 244 266 256 228 207 267 260 245 222 245 289 281
Other current assets 110 134 77 155 120 134 90 128 240 337 325 345 235 288 70 179 189 282 57 79 93
Current assets 3,015 2,167 2,722 3,012 2,303 2,318 2,579 2,350 2,002 2,081 2,016 1,914 1,922 1,862 2,109 1,904 2,479 2,149 1,999 1,936 2,327
Investments 3,697 3,707 3,684 3,658 3,604 3,590 3,566 3,590 3,470 3,428 3,376 3,301 3,198 3,109 3,109 3,058 3,020 2,981 2,888 2,848 2,809
Properties less accumulated depreciation 31,657 31,653 31,429 31,355 31,312 31,345 31,239 31,217 31,179 31,614 31,394 31,201 31,158 31,091 30,712 30,540 30,396 30,330 30,163 30,033 29,927
Other assets 992 966 769 729 718 709 795 805 787 800 714 756 784 177 392 286 267 251 103 105 82
Non-current assets 36,346 36,326 35,882 35,742 35,634 35,644 35,600 35,612 35,436 35,842 35,484 35,258 35,140 34,377 34,213 33,884 33,683 33,562 33,154 32,986 32,818
Total assets 39,361 38,493 38,604 38,754 37,937 37,962 38,179 37,962 37,438 37,923 37,500 37,172 37,062 36,239 36,322 35,788 36,162 35,711 35,153 34,922 35,145

Based on: 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31).


Assets: Selected Items

Balance sheet item Description The company
Current assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Norfolk Southern Corp. current assets decreased from Q3 2021 to Q4 2021 but then increased from Q4 2021 to Q1 2022 exceeding Q3 2021 level.
Properties less accumulated depreciation Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. Norfolk Southern Corp. properties less accumulated depreciation increased from Q3 2021 to Q4 2021 and from Q4 2021 to Q1 2022.
Non-current assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold or consumed after one year or beyond the normal operating cycle, if longer. Norfolk Southern Corp. non-current assets increased from Q3 2021 to Q4 2021 and from Q4 2021 to Q1 2022.
Total assets Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Norfolk Southern Corp. total assets decreased from Q3 2021 to Q4 2021 but then increased from Q4 2021 to Q1 2022 exceeding Q3 2021 level.

Current Assets: Selected Items

Balance sheet item Description The company
Cash and cash equivalents Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Norfolk Southern Corp. cash and cash equivalents decreased from Q3 2021 to Q4 2021 but then increased from Q4 2021 to Q1 2022 exceeding Q3 2021 level.
Accounts receivable, net Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection. Norfolk Southern Corp. accounts receivable, net increased from Q3 2021 to Q4 2021 and from Q4 2021 to Q1 2022.
Materials and supplies Amount after valuation and LIFO reserves of inventory expected to be sold, or consumed within one year or operating cycle, if longer. Norfolk Southern Corp. materials and supplies decreased from Q3 2021 to Q4 2021 but then increased from Q4 2021 to Q1 2022 exceeding Q3 2021 level.