Norfolk southern corporation (NSC)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09Dec'08Dec'07
Railway operating revenues

11,296

11,458

10,551

9,888

10,511

11,624

11,245

11,040

11,172

9,516

7,969

10,661

9,432

Railway operating expenses:
Compensation and benefits

2,751

2,925

2,979

2,808

2,911

2,897

3,002

2,960

2,974

2,708

2,401

2,684

2,552

Purchased services and rents

1,725

1,730

1,414

1,548

1,752

1,687

1,629

1,604

1,610

1,477

1,403

1,599

1,551

Fuel

953

1,087

840

698

934

1,574

1,613

1,577

1,589

1,079

725

1,638

1,169

Depreciation

1,138

1,102

1,055

1,026

1,054

951

916

916

862

819

837

804

775

Materials and other

740

655

741

799

976

940

828

859

924

757

641

852

800

Total railway operating expenses

7,307

7,499

7,029

6,879

7,627

8,049

7,988

7,916

7,959

6,840

6,007

7,577

6,847

Income from railway operations

3,989

3,959

3,522

3,009

2,884

3,575

3,257

3,124

3,213

2,676

1,962

3,084

2,585

Other income – net

106

67

156

136

103

104

233

129

160

153

127

110

93

Interest expense on debt

604

557

550

563

545

545

525

495

455

462

467

444

441

Income before income taxes

3,491

3,469

3,128

2,582

2,442

3,134

2,965

2,758

2,918

2,367

1,622

2,750

2,237

Income taxes

769

803

-2,276

914

886

1,134

1,055

1,009

1,002

871

588

1,034

773

Net income

2,722

2,666

5,404

1,668

1,556

2,000

1,910

1,749

1,916

1,496

1,034

1,716

1,464

Earnings per share:
Basic (in dollars per share)

10.32

9.58

18.76

5.66

5.13

6.44

6.10

5.42

5.52

4.06

2.79

4.58

3.73

Diluted (in dollars per share)

10.25

9.51

18.61

5.62

5.10

6.39

6.04

5.37

5.45

4.00

2.76

4.52

3.68