CSX CORPORATION (CSX) FY2024 Q3 Statement of Cash Flows

Income StatementCash FlowBalance Sheet

Statement of Cash Flows

2024-07-01 to 2024-09-30

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CSX CORPORATION cash flow reconciliation, Jul 1, 2024 through Sep 30, 2024One connected Sankey reconciles operating, investing and financing net cash flows through a shared cash pool, from beginning cash to ending cash. Ribbons flow left to right on one dollar scale. Activity totals are dark gray; beginning and ending cash are blue. Cash basis for beginning and ending balances and net cash change: Cash, cash equivalents, and restricted cash. Intermediate calculation bars are lighter gray. Net income is green for profit and red for loss. Identified asset purchases, sales and maturities are blue in either cash direction. Purple identifies capital transactions such as borrowing, repayments, share issuance and dividends. Free cash flow is a separate comparison, not an added cash flow. Read chart description and values below for full signed amounts, including zero items.Net Earnings → Net cash from operating activities: $894,000,000.00Depreciation and Amortization → Operating adjustments reconciliation: $416,000,000.00Income and Other Taxes Payable → Operating adjustments reconciliation: $255,000,000.00Accounts Payable → Operating adjustments reconciliation: $99,000,000.00Accounts Receivable → Operating adjustments reconciliation: $26,000,000.00Other Current Liabilities → Operating adjustments reconciliation: $13,000,000.00Deferred Income Taxes → Operating adjustments reconciliation: $5,000,000.00Other Current Assets → Operating adjustments reconciliation: $2,000,000.00Gains on Property Dispositions → Operating adjustments reconciliation: $1,000,000.00Operating adjustments reconciliation → Net cash from operating activities: $792,000,000.00Operating adjustments reconciliation → Other Operating Activities: $25,000,000.00Proceeds and Advances from Property Dispositions → investing reconciliation: $7,000,000.00Net cash used in investing activities → investing reconciliation: $674,000,000.00investing reconciliation → Property Additions: $625,000,000.00investing reconciliation → Other Investing Activities: $38,000,000.00investing reconciliation → Business Acquisition, Net of Cash Acquired: $18,000,000.00Net cash used in financing activities → financing reconciliation: $606,000,000.00Long-term Debt Issued (Note 7) → financing reconciliation: $550,000,000.00Other Financing Activities → financing reconciliation: $30,000,000.00financing reconciliation → Long-term Debt Repaid (Note 7): $552,000,000.00financing reconciliation → Shares Repurchased: $402,000,000.00financing reconciliation → Dividends Paid: $232,000,000.00Beginning cash: Cash, cash equivalents, and restricted cash → Cash sources and uses: $1,238,000,000.00Net cash from operating activities → Cash sources and uses: $1,686,000,000.00Cash sources and uses → Ending cash: Cash, cash equivalents, and restricted cash: $1,644,000,000.00Cash sources and uses → Net cash used in investing activities: $674,000,000.00Cash sources and uses → Net cash used in financing activities: $606,000,000.00Net Earnings: $894,000,000.00Net Earnings+$894.00 MDepreciation and Amortization: $416,000,000.00Depreciation & amortization+$416.00 MDeferred Income Taxes: $5,000,000.00Deferred income taxes+$5.00 MGains on Property Dispositions: $1,000,000.00PP&E disposal gain & loss+$1.00 MOther Operating Activities: -$25,000,000.00Other operating, net−$25.00 MAccounts Receivable: $26,000,000.00Accounts receivable+$26.00 MOther Current Assets: $2,000,000.00Other current assets+$2.00 MAccounts Payable: $99,000,000.00Accounts payable+$99.00 MIncome and Other Taxes Payable: $255,000,000.00Accrued taxes+$255.00 MOther Current Liabilities: $13,000,000.00Other current liabilities+$13.00 MNet cash from operating activities: $1,686,000,000.00Operating cash+$1.69 BOperating adjustments reconciliation: $817,000,000.00Dividends Paid: -$232,000,000.00Common dividends paid−$232.00 MShares Repurchased: -$402,000,000.00Common stock repurchases−$402.00 MLong-term Debt Issued (Note 7): $550,000,000.00Long-term debt issued+$550.00 MLong-term Debt Repaid (Note 7): -$552,000,000.00Long-term debt repaid−$552.00 MOther Financing Activities: $30,000,000.00Other financing, net+$30.00 MNet cash used in financing activities: -$606,000,000.00. Cash required to fund net payments.Financing cash−$606.00 Mfinancing reconciliation: $1,186,000,000.00Purchases of Short-term Investments: $0.00Property Additions: -$625,000,000.00PP&E purchases−$625.00 MBusiness Acquisition, Net of Cash Acquired: -$18,000,000.00Acquisitions, net of cash−$18.00 MOther Investing Activities: -$38,000,000.00Other investing, net−$38.00 MProceeds from Sales of Short-term Investments: $0.00Proceeds and Advances from Property Dispositions: $7,000,000.00PP&E sales+$7.00 MNet cash used in investing activities: -$674,000,000.00. Cash required to fund net payments.Investing cash−$674.00 Minvesting reconciliation: $681,000,000.00Cash sources and uses: $2,924,000,000.00Beginning cash: Cash, cash equivalents, and restricted cash: $1,238,000,000.00Beginning cash$1.24 BEnding cash: Cash, cash equivalents, and restricted cash: $1,644,000,000.00Ending cash$1.64 BCASH RECONCILIATIONOperatingflowsInvestingflowsFinancingflowsFree cash flow$1.06 BOperating cash − cash spent on PP&ECash flow / Net income1.89×Operating cash flow ÷ net incomeNet cash change+$406.00 MEnding cash − beginning cash
Chart details

CSX CORPORATION cash flow reconciliation, Jul 1, 2024 through Sep 30, 2024

Cash flows for Jul 1, 2024 through Sep 30, 2024. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Jun 30, 2024. Ending cash: Sep 30, 2024. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

Beginning cash on Jun 30, 2024
1,238,000,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
Operating activities
1,686,000,000 US dollars. Net cash provided.
Net Earnings
894,000,000 US dollars
Depreciation and Amortization
416,000,000 US dollars
Deferred Income Taxes
5,000,000 US dollars
Gains on Property Dispositions
1,000,000 US dollars
Other Operating Activities
negative 25,000,000 US dollars
Accounts Receivable
26,000,000 US dollars
Other Current Assets
2,000,000 US dollars
Accounts Payable
99,000,000 US dollars
Income and Other Taxes Payable
255,000,000 US dollars
Other Current Liabilities
13,000,000 US dollars
Investing activities
negative 674,000,000 US dollars. Net cash used.
Purchases of Short-term Investments
0 US dollars
Property Additions
negative 625,000,000 US dollars
Business Acquisition, Net of Cash Acquired
negative 18,000,000 US dollars
Other Investing Activities
negative 38,000,000 US dollars
Proceeds from Sales of Short-term Investments
0 US dollars
Proceeds and Advances from Property Dispositions
7,000,000 US dollars
Financing activities
negative 606,000,000 US dollars. Net cash used.
Dividends Paid
negative 232,000,000 US dollars
Shares Repurchased
negative 402,000,000 US dollars
Long-term Debt Issued (Note 7)
550,000,000 US dollars
Long-term Debt Repaid (Note 7)
negative 552,000,000 US dollars
Other Financing Activities
30,000,000 US dollars
Operating adjustment reconciliation
817,000,000 US dollars. Intermediate calculation joining the operating reconciliation branches. Its gross amount includes any portion of net income routed through this junction. It is not an additional cash source or use.
financing gross reconciliation
1,186,000,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
investing gross reconciliation
681,000,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
Exchange-rate effect
0 US dollars
Ending cash on Sep 30, 2024
1,644,000,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
Cash sources and uses
2,924,000,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
Net cash change
406,000,000 US dollars. Ending cash minus beginning cash.
Cash flow / Net income
1.89×. Operating cash flow divided by reconciliation net income for the same period. Black from 0.90× through 1.10×; green above 1.10×; red below 0.90×. Color uses the unrounded ratio.
Operating cash flow
1,686,000,000 US dollars. Operating cash flow used in the free cash flow calculation.
Cash purchases of property, plant and equipment
625,000,000 US dollars. These cash purchases are already included in investing activities above.
Free cash flow
1,061,000,000 US dollars. A supplemental measure; finance-lease payments are excluded from this definition.

Chart connections

  • Beginning cash plus operating, investing and financing cash flows plus the exchange-rate effect equals ending cash. Negative amounts reduce cash.
  • Financing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Investing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Operating reconciliation adjustments are not all independent cash receipts.
  • Net income enters operating cash directly in the reconciliation. The adjustment junction contributes the remaining $792.00M after reconciling the other positive and negative adjustments. These connections depict an accounting reconciliation, not traced cash receipts.
  • Each activity has one net cash bar connected to the shared cash pool. Positive activity totals enter the pool; negative activity totals leave the pool to fund that activity's net payments. The central pool does not assign a particular funding source to a particular payment.
  • The intermediate calculation bars include both sides of the displayed activity breakdowns; they are not additional cash flows.
  • Operating cash flow minus cash purchases of property, plant and equipment equals free cash flow: 1,686,000,000 US dollars minus 625,000,000 US dollars equals 1,061,000,000 US dollars.
CSX CORPORATION (CSX) FY2024 Q3 Statement of Cash Flows Sankey chart
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