Norfolk Southern Corporation (NSC)

Norfolk Southern Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	1,006	1,641	1,568	456	839	1,115
Cash & Short-Term Investments	1,006	1,641	1,568	456	839	1,115
Cash Growth	54.29%	4.66%	243.86%	-45.65%	-24.75%	92.24%
Accounts Receivable	863	787	882	895	741	629
Other Receivables	368	282	265	253	235	219
Receivables	1,231	1,069	1,147	1,148	976	848
Inventory	273	277	264	253	218	221
Other Current Assets	191	201	292	150	134	134
Total Current Assets	2,701	3,188	3,271	2,007	2,167	2,318
Property, Plant & Equipment	35,803	36,102	33,716	32,563	32,064	31,778
Long-Term Investments	4,003	3,209	3,065	2,942	2,822	2,688
Long-Term Accounts Receivable	-	-	-	-	23	23
Other Long-Term Assets	1,293	1,183	1,600	1,373	1,417	1,155
Total Assets	43,800	43,682	41,652	38,885	38,493	37,962
Accounts Payable	1,445	1,704	1,638	1,293	1,351	1,016
Accrued Expenses	-	225	214	177	170	160
Short-Term Debt	-	-	-	100	-	-
Current Portion of Long-Term Debt	555	555	4	603	553	579
Current Portion of Leases	-	81	105	94	82	89
Current Income Taxes Payable	490	337	262	312	305	263
Other Current Liabilities	960	643	409	70	60	53
Total Current Liabilities	3,450	3,545	2,632	2,649	2,521	2,160
Long-Term Debt	17,194	17,172	17,692	14,897	13,799	12,611
Long-Term Leases	-	204	304	432	353	369
Long-Term Deferred Tax Liabilities	7,477	7,420	7,225	7,265	7,165	6,922
Other Long-Term Liabilities	1,168	650	567	450	432	463
Total Liabilities	29,289	29,376	28,871	26,152	24,852	23,171
Common Stock	227	228	227	230	242	254
Additional Paid-In Capital	2,249	2,247	2,179	2,157	2,215	2,248
Retained Earnings	12,296	12,093	10,695	10,697	11,586	12,883
Comprehensive Income & Other	-261	-262	-320	-351	-402	-594
Shareholders' Equity	14,511	14,306	12,781	12,733	13,641	14,791
Total Liabilities & Equity	43,800	43,682	41,652	38,885	38,493	37,962
Total Debt	17,749	18,012	18,105	16,126	14,787	13,648
Net Cash (Debt)	-16,743	-16,371	-16,537	-15,670	-13,948	-12,533
Net Cash Per Share	-73.93	-72.31	-72.72	-66.51	-56.22	-48.84
Filing Date Shares Outstanding	225.44	226.43	225.88	227.78	239.78	251.91
Total Common Shares Outstanding	225.44	226.32	225.68	228.08	240.16	252.1
Working Capital	-749	-357	639	-642	-354	158
Book Value Per Share	64.37	63.21	56.63	55.83	56.80	58.67
Tangible Book Value	14,511	14,306	12,781	12,733	13,641	14,791
Tangible Book Value Per Share	64.37	63.21	56.63	55.83	56.80	58.67
Land	-	4,125	2,439	2,405	2,453	2,394
Machinery	-	11,428	11,166	10,650	10,377	10,084
Construction In Progress	-	916	793	637	503	630

Updated Apr 23, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q