| Period End | Type | Status | Affected | % Workforce | Announced | Expected Completion | Geography | Segment / Function | Charge | Source | Note |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025-12-31 | other | in_progress | United States | Railroad operations | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | MD&A attributes a $51 million year-over-year increase in employee separation costs; no headcount affected, severance program details, or completion timeline disclosed | |||||
| 2025-12-31 | acquisition_addition | completed | United States | Trucking (Quality Carriers) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisitions of previously independent trucking affiliates increased trucking headcount during 2025; headcount added not quantified. Note 18 discloses $5 million of goodwill additions from these immaterial acquisitions | |||||
| 2025-09-30 | other | completed | 1 | 2025-09-29 | 2025-09-28 | United States | Executive Leadership | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Joseph R. Hinrichs ceased serving as President and CEO on 2025-09-27 under an Employment Separation Agreement and Release; Stephen F. Angel appointed President and CEO and to the Board effective 2025-09-28, announced 2025-09-29. MD&A separately attributes a $22 million year-over-year increase in Q3 labor and fringe expense to management and executive severance costs; no headcount figure is given for that severance activity. | ||
| 2025-09-30 | acquisition_addition | completed | United States | Trucking (Quality Carriers) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | MD&A notes higher trucking headcount including impacts from acquiring previously independent affiliates; no employee count, announcement date, or completion date is disclosed. | |||||
| 2025-06-30 | other | completed | United States | Rail labor unionized workforce | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | New collective bargaining agreements with an effective date of January 1, 2025 have been fully ratified by most unions, covering nearly 75% of the unionized workforce; remaining unionized employees continue under prior agreements while negotiations proceed under the Railway Labor Act. | |||||
| 2025-03-31 | other | completed | 2025-01-01 | United States | Rail labor union workforce | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | New collective agreements with an effective date of 2025-01-01 fully ratified by unions representing approximately 45% of the unionized workforce; tentative agreements reached with additional unions. Affected-count not disclosed as an absolute number. | ||||
| 2024-12-31 | other | completed | 40% | United States | Rail operations — unionized workforce | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | New five-year labor agreements fully ratified by seven of 12 rail unions as of the filing date; the 40% figure is the share of the unionized workforce (~17,500), not of total workforce. Ratification date not disclosed. | ||||
| 2024-09-30 | other | in_progress | 2024-12-31 | United States | Rail labor unions | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | CSX-specific and national agreements covering all 12 rail unions run through December 31, 2024. New five-year agreements fully ratified by three rail unions; one further tentative agreement awaits ratification votes. No affected-employee counts or dates disclosed. | ||||
| 2024-06-30 | other | in_progress | 2022-12-02 | 2024-12-31 | United States | Rail labor unions (approximately 17,600 unionized employees) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | National and CSX-specific rail labor agreements remain in effect through 2024-12-31; formal notices to amend may be served as early as 2024-11-01. No headcount impact disclosed. | |||
| 2023-09-30 | other | completed | 1 | 2023-08-30 | 2023-08-04 | United States | Executive (Operations) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Single executive separation under the CSX Executive Severance Plan; employment ceased 2023-08-04, agreement effective 2023-08-30. Severance amounts not quantified in this filing. | ||
| 2023-03-31 | other | completed | 2022-12-02 | United States | Rail labor union workforce | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | All 12 national bargaining rail unions covered by national and CSX-specific agreements effective through 2024-12-31; event predates the quarter but is disclosed in this filing | ||||
| 2022-12-31 | acquisition_addition | completed | 2022-06-01 | Northeastern United States | Rail (Pan Am Railways network) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Pan Am Systems, Inc. acquired 2022-06-01 for $600 million ($422M stock, $178M cash); headcount added through the acquisition is not disclosed. | ||||
| 2022-12-31 | other | completed | 2022-12-02 | 2024-12-31 | United States | Rail labor — 12 unions | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | As of 2022-12-02 all 12 rail unions participating in national bargaining were covered by national agreements with the Class I railroads plus CSX-specific agreements remaining in effect through 2024-12-31; covers approximately 17,100 union employees. | |||
| 2022-12-31 | acquisition_addition | completed | 2022-06-01 | 2022-06-01 | United States | Rail | USD 600 (millions) | business_combinations_footnote f5-10k / Qwen3.6-27B-Q8_0 | Acquisition of Pan Am Systems, Inc. completed June 1, 2022. Headcount not explicitly disclosed. | ||
| 2022-12-31 | acquisition_addition | completed | 2021-07-01 | 2021-07-01 | North America | Trucking | USD 544 (millions) | business_combinations_footnote f5-10k / Qwen3.6-27B-Q8_0 | Acquisition of Quality Carriers, Inc. completed July 1, 2021. Included in 2022 results for full year. Headcount not explicitly disclosed. | ||
| 2022-09-30 | acquisition_addition | completed | 2022-06-01 | 2022-06-01 | Northeastern United States | Rail operations (Pan Am Railways) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition closed June 1, 2022 for $601 million; headcount added not disclosed. Acquisition-related costs of $31 million incurred to date, expensed in labor and fringe or purchased services and other. | |||
| 2022-09-30 | other | in_progress | 2022-09 | United States | Unionized workforce (approximately 16,700 employees) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Tentative agreements reached with all rail labor unions in September 2022 following the August 16, 2022 Presidential Emergency Board report. As of filing, six unions (~17% of unionized employees) had ratified; one union voted against ratification on 2022-10-10; remaining ratifications scheduled through November 2022. Labor/inflation impacts of the agreements totaled $97 million in Q3 expense, including $42 million relating to prior periods. | ||||
| 2022-09-30 | acquisition_addition | completed | 2022-06-01 | Northeastern United States | Rail Operations | USD 601 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of Pan Am Systems, Inc. completed June 1, 2022. Purchase price $601 million. Headcount added not explicitly disclosed. | |||
| 2022-09-30 | other | in_progress | 2022-09-01 | 2022-11-30 | United States | Rail Operations | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Tentative agreements reached with all labor unions in September 2022. Ratification results scheduled through November 2022. One union voted against ratification on Oct 10, 2022. | |||
| 2022-06-30 | acquisition_addition | completed | 2022-06-01 | 2022-06-01 | Northeastern United States | Rail operations (Pan Am Railways) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Pan Am Systems, Inc. completed June 1, 2022 for $601 million ($422M stock, $179M cash); results consolidated prospectively. Headcount added through the acquisition is not disclosed. Acquisition-related costs of approximately $29 million ($18M in Q2) expensed in labor and fringe or purchased services and other. | |||
| 2022-06-30 | other | in_progress | United States | National bargaining unions (13 rail unions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Round of national negotiations for benefits, wages and work rules underway with 13 rail unions covering approximately 16,500 of ~21,700 employees; current agreements remain in place under the Railway Labor Act. No announcement date or employee impact disclosed. | |||||
| 2022-06-30 | acquisition_addition | completed | 2022-06-01 | 2022-06-01 | Northeastern United States | Rail Operations | USD 601 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of Pan Am Systems, Inc. completed June 1, 2022. Headcount not explicitly disclosed. | ||
| 2022-06-30 | acquisition_addition | completed | 2021-07-01 | 2021-07-01 | North America | Trucking | USD 541 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of Quality Carriers, Inc. completed July 1, 2021. Results included in Q2 2022. Headcount not explicitly disclosed. | ||
| 2022-03-31 | other | in_progress | United States | Union-represented workforce (13 rail unions in national bargaining) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Round of national bargaining on benefits, wages and work rules underway for 13 rail unions; current agreements remain in place until modified. Filing notes negotiations typically take several years; no affected-employee count or dates given. | |||||
| 2022-03-31 | acquisition_addition | announced | 2020-11-30 | 2022-06-01 | Northeastern United States | Rail operations (Pan Am Railways / Pan Am Southern) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | STB approved the acquisition on 2022-04-14 (subsequent event); closing anticipated 2022-06-01. No headcount added disclosed; acquisition described as not expected to be material. | |||
| 2021-12-31 | acquisition_addition | completed | 2021-07-01 | United States, Canada and Mexico | Trucking (bulk liquid chemicals transportation) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquired for $544 million cash effective July 1, 2021; acquired headcount not disclosed. Trucking revenue of $410 million contributed in 2021; $17 million of acquisition-related costs expensed. | ||||
| 2021-12-31 | acquisition_addition | completed | 2021-07-01 | 2021-07-01 | United States | Trucking | USD 544 (millions) | business_combinations_footnote f5-10k / Qwen3.6-27B-Q8_0 | Acquisition of Quality Carriers, Inc. for $544 million in cash. Specific headcount added not disclosed in filing. | ||
| 2021-09-30 | acquisition_addition | completed | 2021-07-01 | 2021-07-01 | United States, Canada, Mexico | Trucking (Quality Carriers, Inc.) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired for $546 million cash; results consolidated from July 1, 2021. Headcount added not disclosed; $16 million of acquisition-related costs expensed, $12 million in Q3. | |||
| 2021-09-30 | other | in_progress | United States | Company-wide (represented workforce) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Round of national bargaining covering wages, benefits and work rules underway for the 13 rail unions; current agreements remain in place until modified. No employee counts or dates disclosed. | |||||
| 2021-09-30 | acquisition_addition | announced | 2020-11-30 | 2022-04-01 | Northeastern United States | Rail operations (Pan Am Systems, Inc.) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Pending STB approval with decision expected by April 1, 2022; headcount to be added not disclosed. | |||
| 2021-09-30 | acquisition_addition | completed | 2021-07-01 | North America | Trucking / Logistics | USD 546 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquired Quality Carriers, Inc. for $546 million. Headcount not explicitly disclosed. | |||
| 2021-06-30 | acquisition_addition | completed | 2021-05-12 | 2021-07-01 | North America | Bulk liquid chemicals truck transportation (trucking/intermodal) | USD 546 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Purchase price is cash for the Quality Carriers business, not a workforce charge. Closed 2021-07-01, after quarter end; no headcount disclosed. Filer states the acquisition is not material under Reg S-X Article 11 and ASC 805. | ||
| 2021-06-30 | acquisition_addition | announced | 2020-11-30 | United States (CT, NY, MA, VT, NH, ME) | Rail operations (Pan Am Railways network) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | STB approval process began 2021-02-25 and may take up to a year or more; no expected completion date or headcount disclosed. Described as not expected to be material. | ||||
| 2021-06-30 | other | in_progress | 15,500 | United States | Union-represented workforce (13 rail unions in national bargaining) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Round of national negotiations over benefits, wages and work rules underway; typically takes several years and current agreements remain in force until modified. employees_affected_count reflects the unionized population potentially covered, not separations. | ||||
| 2021-06-30 | acquisition_addition | completed | 2021-05-12 | 2021-07-01 | North America | Transportation | USD 546 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of Quality Carriers, Inc. closed July 1, 2021. Headcount not disclosed. | ||
| 2020-09-30 | other | in_progress | 2019-11 | United States | Labor — 13 rail unions participating in national bargaining | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Notices served in November 2019 to begin the 2020 national bargaining round covering wages, benefits and work rules; existing agreements remain in effect until modified. No employee-impact count disclosed. | ||||
| 2020-06-30 | other | in_progress | 2019-11 | United States | National bargaining — 13 rail unions | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Notices served in Nov. 2019 to 13 rail unions to begin national bargaining for the 2020 round; current agreements remain in place and negotiations typically take several years | ||||
| 2020-06-30 | other | in_progress | United States | Operations / labor | USD 10 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | MD&A cites $10 million of severance expense in the quarter driving a $7 million increase in other labor costs; no employee count, program name, or completion timing disclosed | ||||
| 2020-03-31 | other | in_progress | 2019-11 | United States | Company-wide (13 rail unions, national bargaining) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Notices served in November 2019 to the 13 rail unions in national bargaining to open negotiations on wages, benefits and work rules for the 2020 bargaining round; current agreements remain in place until modified. No headcount impact disclosed. | ||||
| 2019-12-31 | restructuring | in_progress | USD 0 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2018-12-31 | restructuring | completed | 950 | 2017-01-01 | 2017-04-30 | Management | USD 325 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Involuntary separation program reducing management workforce by approximately 950 employees during 2017. Program essentially completed in April 2017. Total charge of $325 million included in 2017 results. | ||
| 2018-12-31 | restructuring | in_progress | USD 0 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2018-09-30 | other | completed | United States | Rail operations — all functions covered by national bargaining | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | As of 2018-09-30, all 13 rail unions in national bargaining had reached agreements with Class I railroads via ratification, executive action or interest arbitration; agreements run 2015-01-01 through 2019-12-31. Individual ratification dates and covered-employee counts not disclosed. | |||||
| 2018-09-30 | restructuring | completed | 2017-01-01 | 2018-03-31 | Management | USD 14 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Cash payments for 2017 management workforce reduction program substantially complete as of March 31, 2018. $14 million cash payments made in nine months ended Sept 30, 2018. | |||
| 2018-09-30 | restructuring | in_progress | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2018-06-30 | other | in_progress | 2018-12-31 | United States | CSX Transportation — union workforce (all functions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | National collective bargaining with rail labor unions ongoing since January 2015. As of June 30, 2018, 12 of 13 unions had reached national agreements (ratification, executive action or interest arbitration), effective 2015-01-01 through 2019-12-31, covering about 95% of CSXT's nearly 20,000 union employees; the remaining union (about 5% of CSXT employees) remained in mediation with settlement expected in 2018. No employee separation counts disclosed. | ||||
| 2018-06-30 | restructuring | completed | 2017-01-01 | 2018-03-31 | Management | USD 13 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Payments related to the 2017 management workforce reduction program were substantially complete as of March 31, 2018. Cash payments for restructuring charge in six months ended June 30, 2018 were $13 million. | |||
| 2018-06-30 | restructuring | in_progress | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2018-03-31 | restructuring | completed | 2018-03-31 | Management | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Payments related to the 2017 management workforce reduction program were substantially complete as of March 31, 2018. No specific employee count for the completion phase is disclosed in this filing. | |||||
| 2018-03-31 | restructuring | in_progress | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2017-12-31 | restructuring | completed | 950 | 2017-04-30 | United States | Management / general and administrative and operating support functions | USD 194 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Involuntary separation program with enhanced benefits; essentially completed April 2017, with additional charges through Q1 2018. Subtotal charge of $194M includes $98M severance, $73M pension/OPEB charges, $15M share-based comp remeasurement, $8M relocation. Total 2017 restructuring charge was $325M, also covering executive retirements, reimbursement arrangements and advisory costs; expected pre-tax savings ~$200M per year. | ||
| 2017-12-31 | voluntary_separation | completed | 2 | 2017-03-06 | 2017-03-06 | United States | Executive leadership (CEO and President) | USD 24 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Retirements of former CEO Michael J. Ward and President Clarence W. Gooden; unvested equity awards modified for prorated vesting through May 31, 2018. Associated $24M is the non-cash equity award proration component of the restructuring charge; $12M non-cash pension settlement charge also recorded in Q4 2017. | |
| 2017-12-31 | other | completed | 2017-10-05 | 2019-12-31 | United States | Union-represented workforce (approximately 20,000 employees) | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Six rail unions in the Coordinated Bargaining Group reached a National Agreement with the railroads effective 2015-01-01 through 2019-12-31. Subsequent to the agreement, TCU and BRC ratified new contract terms on 2018-01-23; approximately 70% of employees had ratified settlement terms as of the filing date, with bargaining continuing for the remaining 30%. | |||
| 2017-12-31 | restructuring | completed | 950 | 2017-04-01 | 2018-03-31 | United States | Management | USD 325 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Management workforce reduction of approximately 950 employees. Program essentially completed in April 2017, with additional charges through Q1 2018. Total charge $325 million includes severance, pension charges, and other costs. | |
| 2017-12-31 | restructuring | in_progress | Advisory Fees Related to Shareholders [Member] / Management Streamlining Initiative [Member] | USD 0 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2017-12-31 | restructuring | in_progress | Management Equity Awards Proration and Other [Member] / Management Streamlining Initiative [Member] | USD 0 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2017-12-31 | restructuring | in_progress | Management Workforce Reduction [Member] / Management Streamlining Initiative [Member] | USD 17,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2017-12-31 | restructuring | in_progress | Non-Cash Pension Settlement Charge [Member] / Management Streamlining Initiative [Member] | USD 12,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2017-12-31 | restructuring | in_progress | OPEB Curtailment [Member] / Management Streamlining Initiative [Member] | USD 3,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2017-12-31 | restructuring | in_progress | Reimbursement Arrangements [Member] / Management Streamlining Initiative [Member] | USD 0 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2017-12-31 | restructuring | in_progress | Share-Based Compensation Remeasurement [Member] / Management Streamlining Initiative [Member] | USD 7,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2017-12-31 | restructuring | in_progress | Employee Relocation [Member] / Management Streamlining Initiative [Member] | USD 0 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2017-12-31 | restructuring | in_progress | Employee Severance [Member] / Management Streamlining Initiative [Member] | USD 7,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2017-12-31 | restructuring | in_progress | 950 | Management Streamlining Initiative [Member] | USD 29,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||
| 2017-12-31 | restructuring | in_progress | USD 325,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2017-09-30 | restructuring | completed | 950 | 2017-04 | Management — general and administrative and operating support functions | USD 177 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Involuntary separation program with enhanced benefits reduced the management workforce by approximately 950 employees during 2017; essentially completed April 2017, with certain separation benefits payable through Q1 2018. The $177M subtotal comprises $91M severance, $78M pension/OPEB and other non-cash charges, and $8M relocation; it sits within the $296M year-to-date total restructuring charge, which also includes $84M reimbursement arrangements, $24M equity award proration, and $11M other charges. Announcement date not specified in the filing. Equity award modifications for approximately 70 employees (including the former CEO and President) are reported within the same restructuring program. | |||
| 2017-09-30 | restructuring | in_progress | 950 | 2017-04-01 | 2018-03-31 | Management | USD 296 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Involuntary separation program reducing management workforce by approx. 950 employees. Program essentially completed in April 2017, but benefits may result in additional charges through Q1 2018. Total YTD charge $296M includes severance, pension curtailment, and other costs. | ||
| 2017-09-30 | restructuring | in_progress | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2017-09-30 | restructuring | in_progress | Advisory Fees Related to Shareholders [Member] / Management Streamlining Initiative [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-09-30 | restructuring | in_progress | Management Equity Awards Proration and Other [Member] / Management Streamlining Initiative [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-09-30 | restructuring | in_progress | Management Workforce Reduction [Member] / Management Streamlining Initiative [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-09-30 | restructuring | in_progress | OPEB Curtailment [Member] / Management Streamlining Initiative [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-09-30 | restructuring | in_progress | Reimbursement Arrangements [Member] / Management Streamlining Initiative [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-09-30 | restructuring | in_progress | Employee Relocation [Member] / Management Streamlining Initiative [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-09-30 | restructuring | in_progress | Employee Severance [Member] / Management Streamlining Initiative [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-09-30 | restructuring | in_progress | Management Streamlining Initiative [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-06-30 | restructuring | completed | 951 | 2017-04-30 | United States | Management / general and administrative and operating support functions | USD 177 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Involuntary separation program with enhanced benefits; 765 employees in Q1 2017 and 186 in Q2 2017. $177M is the management workforce reduction subtotal of the $295M total year-to-date restructuring charge (which also includes $84M reimbursement arrangements, $24M equity award proration, $10M advisory fees). Program completed April 2017; expected pre-tax savings ~$200M per year. Severance component was $91M year-to-date. | ||
| 2017-06-30 | restructuring | completed | 951 | 2017-03-06 | 2017-04-30 | Management | USD 295 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Involuntary separation program reducing management workforce by 951 employees (765 in Q1, 186 in Q2). Program completed in April 2017. Total YTD charge includes severance, pension/non-cash charges, relocation, reimbursement arrangements, equity proration, and advisory fees. | ||
| 2017-06-30 | restructuring | in_progress | USD 122,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2017-06-30 | restructuring | in_progress | Advisory Fees Related to Shareholders [Member] / Management Streamlining Initiative [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-06-30 | restructuring | in_progress | Management Equity Awards Proration and Other [Member] / Management Streamlining Initiative [Member] | USD 16,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-06-30 | restructuring | in_progress | Management Workforce Reduction [Member] / Management Streamlining Initiative [Member] | USD 22,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-06-30 | restructuring | in_progress | OPEB Curtailment [Member] / Management Streamlining Initiative [Member] | USD 10,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-06-30 | restructuring | in_progress | Reimbursement Arrangements [Member] / Management Streamlining Initiative [Member] | USD 84,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-06-30 | restructuring | in_progress | Employee Relocation [Member] / Management Streamlining Initiative [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-06-30 | restructuring | in_progress | Employee Severance [Member] / Management Streamlining Initiative [Member] | USD 10,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-06-30 | restructuring | in_progress | 186 | Management Streamlining Initiative [Member] | USD 122,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||
| 2017-03-31 | restructuring | in_progress | 765 | 2017-03 | United States | Management / corporate | USD 173 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Involuntary separation program with enhanced benefits reducing management workforce by 765 employees; charge comprises $131M severance and pension, $13M OPEB curtailment, $11M employee equity proration, $8M executive equity proration, $10M advisory fees; approximately $90M cash severance expected mostly in Q2 2017; company expects additional costs as reductions continue; equity award modifications for outgoing CEO and President impacted 58 employees in total | ||
| 2017-03-31 | restructuring | in_progress | 765 | 2017-03-01 | Management | USD 173 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Involuntary separation program with enhanced benefits for management workforce. Cash expenditures of approx $90 million expected primarily in Q2 2017. | |||
| 2017-03-31 | restructuring | in_progress | USD 173,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2017-03-31 | restructuring | in_progress | Advisory Fees Related to Shareholders [Member] / Management Streamlining Initiative [Member] | USD 10,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-03-31 | restructuring | in_progress | Equity Awards Proration and Other [Member] / Management Streamlining Initiative [Member] | USD 11,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-03-31 | restructuring | in_progress | Management Equity Awards Proration and Other [Member] / Management Streamlining Initiative [Member] | USD 8,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-03-31 | restructuring | in_progress | Management Workforce Reduction [Member] / Management Streamlining Initiative [Member] | USD 155,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-03-31 | restructuring | in_progress | OPEB Curtailment [Member] / Management Streamlining Initiative [Member] | USD 13,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-03-31 | restructuring | in_progress | Employee Severance [Member] / Management Streamlining Initiative [Member] | USD 131,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-03-31 | restructuring | in_progress | 765 | Management Streamlining Initiative [Member] | USD 173,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||
| 2016-12-30 | restructuring | completed | 300 | 2015-11 | Note 1. Nature of Operations and Significant Accounting Policies f5-10k / Qwen3.6-27B-Q8_0 | Union agreement finalized in Nov 2015 allowed certain employees to voluntarily separate; approx 300 union employees impacted. | |||||
| 2016-12-30 | plant_closure | completed | 500 | 2015-10 | Erwin, Tennessee and Corbin, Kentucky | Note 1. Nature of Operations and Significant Accounting Policies f5-10k / Qwen3.6-27B-Q8_0 | Facilities closed in Oct 2015 due to decline in coal movements; impacted approx 500 positions. | ||||
| 2016-06-24 | restructuring | completed | 2014-01-01 | Management | USD 0 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Special termination benefits for management workforce reduction program initiated in 2014 were $0 million in Q2 2016 and $0 million YTD 2016. Prior year charges were $7 million YTD 2015. | ||||
| 2015-12-25 | voluntary_separation | in_progress | 300 | 2015-11 | United States | Union workforce | USD 28 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | November 2015 union agreement allows impacted employees to voluntarily separate with enhanced benefits, plus relocation benefits for those not separating; charge recognized in 2015. | ||
| 2015-12-25 | plant_closure | completed | 500 | 2015-10 | 2015-10-31 | United States — Erwin, Tennessee and Corbin, Kentucky | Operations (coal-related facilities) | USD 19 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | October 2015 closures driven by decline in coal movements; charge covers separation, relocation, furlough costs and asset impairment. Filer presents combined 500-position count across both sites. | |
| 2015-12-25 | restructuring | in_progress | 300 | 2014-10-01 | 2015-03-31 | United States | Management / corporate | USD 4 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Multi-year program announced 2014; 300 management positions reduced via voluntary separation and involuntary severance during Q4 2014 and Q1 2015. Charge shown is the 2015 portion ($4M); 2014 charge was $39M. Announcement date approximate (month not specified). | |
| 2015-12-25 | restructuring | completed | 300 | 2015-11 | USD 28 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Union agreement finalized in November 2015 allowing voluntary separation for approximately 300 employees. | ||||
| 2015-12-25 | plant_closure | completed | 500 | 2015-10 | Tennessee, Kentucky | USD 19 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Closure of facilities in Erwin, TN and Corbin, KY impacting approximately 500 positions due to decline in coal movements. | |||
| 2015-12-25 | restructuring | completed | 300 | 2014 | Management | USD 4 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Management streamlining initiative reducing workforce by approximately 300 positions; $4 million charge recorded in 2015. | |||
| 2015-09-25 | restructuring | completed | 2014 | 2015-03 | Management / corporate | USD 7 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Management workforce reduction program initiated in 2014 and completed in Q1 2015; referenced in this filing via $7 million of special termination employee benefits recorded in nine-month labor and fringe expense and via MD&A labor efficiency savings from reduced management headcount. No employee count disclosed. | |||
| 2015-09-25 | restructuring | completed | 2014-01-01 | 2015-03-31 | Management | USD 7 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Management workforce reduction program initiated in 2014 and completed during the first quarter 2015. Specific employee count not disclosed. | |||
| 2015-06-26 | restructuring | completed | 2014 | 2015-03-27 | Management | USD 7 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Management workforce reduction program initiated in 2014 and completed in Q1 2015; $7M of special termination employee benefits recorded in six months 2015 (none in Q2 2015). MD&A attributes Q2 labor efficiency savings of $11M partly to reduced management headcount from this Q4 2014 restructuring initiative. Number of employees affected not disclosed. | |||
| 2015-06-26 | restructuring | completed | 2014-10-01 | 2015-03-27 | Management | USD 7 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Management workforce reduction program initiated in 2014, completed in Q1 2015. $7 million special termination employee benefits charged in six months ended June 26, 2015. | |||
| 2015-03-27 | restructuring | completed | 2015-03-27 | United States | Management / salaried workforce | USD 7 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Management workforce reduction program initiated in the fourth quarter of 2014 and completed during first quarter 2015; disclosed as $7 million of special termination benefits in the pension benefit expense table. No employee count or announcement date given. MD&A also cites completion of this program within a $12 million 'other' labor cost increase. | |||
| 2015-03-27 | restructuring | completed | 2015-03-27 | Management | USD 7 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Special termination benefits related to management workforce reduction program initiated in 2014 and completed in Q1 2015. | ||||
| 2014-12-26 | restructuring | in_progress | 300 | 2014-11 | 2015-03-31 | United States | Management / salaried workforce | USD 39 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Approximately 300 management positions reduced via a voluntary separation program with enhanced benefits plus subsequent involuntary severance across Q4 2014 and Q1 2015. $39M initial charge recorded in Q4 2014; total estimated program cost approximately $45M. Related pension/OPEB curtailment charges of $27M (pension) and $8M (OPEB) recorded in 2014 under the same program. | |
| 2014-12-26 | restructuring | in_progress | 300 | 2014-11 | 2015-03 | United States | Management | USD 39 (millions) | Item 1. Business / Note 1 f5-10k / Qwen3.6-27B-Q8_0 | Initiative to reduce management workforce by approximately 300 positions through voluntary separation and involuntary severance. Initial charge of $39 million recorded in Q4 2014; total estimated cost is approximately $45 million. | |
| 2014-12-26 | restructuring | in_progress | 300 | Employee Severance [Member] / Workforce Reduction Plan [Member] | restructuring_footnote f5-10k / no-ai-xblr | Expected positions to be eliminated | |||||
| 2009-12-25 | layoff | in_progress | United States | Rail and Intermodal operations | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Furloughs used during 2009 to match decreasing volumes amid freight volume declines; no affected-employee count or charge disclosed. Annual average headcount fell from 34,363 (2008) to 30,088 (2009). | |||||
| 2009-12-25 | divestiture_reduction | completed | United States | The Greenbrier resort (Greenbrier Hotel Corporation) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale completed during second quarter of 2009; results reclassified to discontinued operations. No employee count disclosed; CSX retained certain pre-closing Greenbrier pension obligations covering approximately 1,400 former Greenbrier employees. | |||||
| 2009-12-25 | other | completed | 2009-12-25 | 2009-12-25 | United States | Rail | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Company right-sized labor force through furloughs to match decreasing volumes. | |||
| 2009-09-25 | other | in_progress | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Labor productivity initiatives during the quarter included employee furloughs and reduced crew overtime, cited as drivers of a $100 million year-over-year decline in labor and fringe expense; no affected-employee count, announcement date, or severance charge disclosed. | |||||||
| 2009-06-26 | other | in_progress | United States | Rail | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Employee furloughs cited as a driver of the $76 million year-over-year decline in Rail labor and fringe expense; no headcount, dates, or duration disclosed. | |||||
| 2009-06-26 | divestiture_reduction | completed | 2009-05-06 | 2009-05-06 | United States | The Greenbrier resort operations | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | CSX sold the subsidiary indirectly owning The Greenbrier Hotel Corporation for approximately $21 million cash, recognizing a $25 million after-tax gain; no workforce impact or headcount transferred was disclosed. | |||
| 2009-03-27 | layoff | in_progress | United States | Rail segment (CSXT operations) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Employee furloughs and reduced crew overtime cited as drivers of the $82 million labor and fringe expense decline; no affected-employee count, dates, or severance charge disclosed. MD&A also states the Company began right-sizing resources in late 2008 to match demand. | |||||
| 2008-12-26 | layoff | in_progress | 2008-12-26 | United States | Rail network operations | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Filer states actions began in late December 2008; employees furloughed (temporary layoff) expected to return when business conditions improve; count and charge not disclosed. Also reduced active locomotives and stored older units | ||||
| 2005-12-30 | divestiture_reduction | completed | 2005-02 | 2005-02 | International | International Terminals | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | CSX sold its International Terminals business in February 2005; associated headcount removed not disclosed. Reported as discontinued operations for all periods presented. | |||
| 2005-12-30 | restructuring | completed | 863 | 2003-11 | 2004-12-31 | Surface Transportation Management | USD 71 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | November 2003 management restructuring plan. Charge of $71 million recorded in 2004 for separation expenses, pension/postretirement curtailment, and stock compensation. Workforce reduced by 863 positions as of Dec 31, 2004. | ||
| 2005-09-30 | restructuring | completed | 2003-11-01 | Management | USD 3 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Charge recorded for quarter ended Sept 30, 2005 relates to management restructuring announced in Nov 2003. Includes separation expense, pension/postretirement curtailment, and stock compensation. Employee count not disclosed. | ||||
| 2005-09-30 | restructuring | completed | 2003-11-01 | Management | USD 0 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | No restructuring charge recorded for the nine months ended Sept 30, 2005. Employee count not disclosed. | ||||
| 2005-07-01 | divestiture_reduction | completed | 2005-02-28 | 2005-02-28 | International | International Terminals | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of International Terminals business to Dubai Ports International closed February 2005; no headcount transferred disclosed. | |||
| 2005-07-01 | restructuring | completed | 2003-11 | Surface Transportation | USD 0 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | No restructuring charges recorded for the quarter or six months ended July 1, 2005. Prior year charges related to management restructuring announced in November 2003. | ||||
| 2005-07-01 | divestiture_reduction | completed | 2005-02 | International Terminals | discontinued_operations_footnote f5-10q / Qwen3.6-27B-Q8_0 | CSX sold its International Terminals business in February 2005. Headcount removed not explicitly quantified. | |||||
| 2005-04-01 | restructuring | completed | 2003-11 | Surface Transportation | USD 0 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | No restructuring charges recorded in Q1 2005; $53M charge recorded in Q1 2004 for separation, pension curtailment, and stock compensation. | ||||
| 2005-04-01 | divestiture_reduction | completed | 2005-02-22 | International Terminals | discontinued_operations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Sale of International Terminals business completed Feb 22, 2005. Headcount not explicitly disclosed. | |||||
| 2004-12-31 | restructuring | completed | 863 | 2003-11 | 2004-04 | United States | Surface Transportation — non-union management | USD 71 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2004 expense of $71M pretax covers separation, pension/OPEB curtailment ($24M), stock compensation ($5M) and other costs; program total through FY2004 is $105M including $34M charged in 2003. Program concluded April 2004; 863 non-contract positions eliminated as of 2004-12-31. | |
| 2004-12-31 | restructuring | in_progress | 183 | International | International Terminals (reported as discontinued operations) | USD 6 (millions) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Restructuring initiatives reduced the International Terminals workforce by 183 positions as of 2004-12-31; $6M charge recorded in discontinued operations for FY2004 (no such charges in 2003). | |||
| 2004-12-31 | divestiture_reduction | announced | 2005-02-22 | International | International Terminals (CSX World Terminals / SL Service, Inc.) | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of International Terminals to Dubai Ports International for $1.142 billion cash consideration closed 2005-02-22, after fiscal year-end; pretax gain to be recognized in Q1 2005. Headcount transferred not disclosed. | ||||
| 2004-12-31 | restructuring | completed | 863 | 2003-11 | 2004-04 | Surface Transportation | USD 71 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Management restructuring announced in Nov 2003 to reduce management layers. Reduced non-union Surface Transportation workforce by 863 positions. Concluded as of April 2004. $71 million pretax charge recognized in 2004. | ||
| 2004-12-31 | divestiture_reduction | completed | 2004-08-27 | 2004-08-27 | United States (Pennsylvania, New Jersey, Michigan) | Conrail Inc. — Pennsylvania Lines LLC (PRR) and New York Central Lines LLC (NYC) | USD 4,200 (millions) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Reorganization spun off PRR and NYC, which were merged into NSR and CSXT; their results and net assets were reclassified to discontinued operations. The $4.2 billion charge was recorded against stockholders' equity, not severance. No employee-impact count disclosed. | ||
| 2004-09-24 | restructuring | in_progress | 863 | 2003-11 | United States | Surface Transportation | USD 71 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | November 2003 plan to streamline structure and eliminate organizational layers; 863 non-union positions reduced as of 2004-09-24. Nine-month charge $71M ($3M in Q3); includes curtailment and stock compensation components within the $77M total program charge. | ||
| 2004-09-24 | restructuring | in_progress | 28 | 2004 | International | International Terminals | USD 6 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Productivity-driven restructuring initiatives during the first nine months of 2004; 28 positions reduced as of 2004-09-24. No such charges in 2003. Announcement month not specified in filing. | ||
| 2004-09-24 | restructuring | in_progress | 863 | 2003-11 | Surface Transportation | USD 71 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Reduction of non-union Surface Transportation workforce by 863 positions as of Sept 24, 2004. $71M expense recorded for nine months ended Sept 24, 2004. | |||
| 2004-09-24 | restructuring | in_progress | 28 | International Terminals | USD 6 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Reduction of international terminals workforce by 28 positions as of Sept 24, 2004. $6M expense recorded for nine months ended Sept 24, 2004. | ||||
| 2004-06-25 | restructuring | in_progress | 900 | 2003-11 | 2004-09-30 | United States | Surface Transportation — non-union workforce | USD 68 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | 900 positions is the cumulative reduction in the non-union workforce since the November 2003 announcement, as of 2004-06-25, not a quarter-only figure. Charge of $68M covers the six months ended 2004-06-25 (separation, pension/postretirement curtailment, stock compensation, other); total program cost through Q2 2004 was $102M, with only a nominal final charge expected in Q3 2004. A separate $15M was recorded in the quarter. | |
| 2004-06-25 | restructuring | in_progress | International | International Terminals | USD 6 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Separation expenses for International Terminals restructuring initiatives recorded in the six months ended 2004-06-25 to maintain productivity standards; no employee count, announcement date, or completion date disclosed. Charge occurred in the first quarter of 2004. | ||||
| 2004-06-25 | restructuring | in_progress | 900 | 2003-11-01 | Surface Transportation | USD 15 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Initiative reduced non-union workforce by approx. 900 positions as of June 25, 2004. $15M charge recorded in Q2 2004 for separation, pension/post-retirement curtailment, and stock compensation. | |||
| 2004-06-25 | restructuring | in_progress | International Terminals | USD 6 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Restructuring initiatives to maintain and improve productivity standards. $6M charge recorded in first six months of 2004. | |||||
| 2004-03-26 | restructuring | in_progress | 900 | 2003-11 | United States | Surface Transportation | USD 53 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Plan to cut about 900 non-union positions; 652 employees terminated as of 2004-03-26. Q1 2004 charge of $53M covers separation, pension/postretirement curtailment, stock compensation and related costs; $34M was recorded in 2003. Total program cost expected to exceed $90M, with most separation benefits paid from qualified pension plans. | ||
| 2004-03-26 | restructuring | in_progress | International | International Terminals | USD 6 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Separation expenses for International Terminals restructuring initiatives aimed at maintaining productivity standards; no employee count or announcement date disclosed. | ||||
| 2004-03-26 | restructuring | in_progress | 900 | 2003-11-01 | Surface Transportation | USD 53 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Announced Nov 2003 to streamline structure and eliminate organizational layers. Initiative will reduce non-union workforce by approx 900 positions. As of Mar 26, 2004, 652 employees terminated. Q1 2004 charge of $53M includes separation expense, pension/post-retirement curtailment, and stock comp. | |||
| 2004-03-26 | restructuring | in_progress | 2004-01-01 | International Terminals | USD 6 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Restructuring initiatives to maintain and improve productivity standards in light of current business conditions. Employee count not disclosed. | ||||
| 2003-12-26 | restructuring | in_progress | 2003-11-10 | 2004-06-30 | United States | Corporate / Non-union management | USD 34 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Program targets 800–1,000 non-union positions over Q4 2003 and first half of 2004; 20 employees terminated as of fiscal year-end. Total estimated program cost $60–80 million; $34M initial pretax charge recorded in 2003. | ||
| 2003-12-26 | divestiture_reduction | completed | 2003-02-01 | 2003-02-28 | United States | Domestic container-shipping (CSX Lines) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | CSX conveyed most of its interest in CSX Lines LLC to a Carlyle Group venture in February 2003; headcount impact not disclosed. | |||
| 2003-12-26 | other | completed | 2003-11-01 | 2003-12-26 | United States | Executive leadership | USD 13 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Curtailment charge of $13 million related to retirement of former Chairman and CEO; not a headcount reduction program. | ||
| 2003-12-26 | restructuring | in_progress | 900 | 2003-11-01 | 2004-06-30 | United States | Management / Corporate | USD 34 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Management restructuring announced in Nov 2003 to reduce non-union workforce by 800-1,000 positions. Initial charge of $34M recorded. Total estimated cost $60-80M. 20 employees terminated as of Dec 26, 2003. | |
| 2003-12-26 | restructuring | completed | 2003-01-01 | 2003-12-26 | United States | Various | USD 10 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Workforce reduction program. $10M charge recorded. Substantially all paid out by year-end. | ||
| 2003-12-26 | divestiture_reduction | completed | 2003-02-01 | 2003-02-28 | United States | Domestic Container-Shipping (CSX Lines) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Conveyance of most interest in CSX Lines LLC to Carlyle Group venture in Feb 2003. Employee count not explicitly disclosed for this specific divestiture, but revenue/expense declines noted. | |||
| 2003-09-26 | divestiture_reduction | completed | 2003-02-27 | United States | Domestic container-shipping (CSX Lines LLC) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | CSX conveyed most of its interest in CSX Lines to a Carlyle Group venture (renamed Horizon Lines); no employee count disclosed. | ||||
| 2003-09-26 | other | completed | 2003-09-17 | United States / Netherlands | International container-shipping assets (Maersk settlement) | USD 108 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Two settlement agreements with Maersk resolving disputes from the 1999 sale; $108M pretax charge recorded. Not a workforce action per se but captured as a divestiture-related event; no headcount impact disclosed. | |||
| 2003-06-27 | restructuring | announced | 2003-07-15 | United States | USD 8 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Involuntary staffing reductions announced mid-July 2003; approximately $8 million expense expected in Q3 2003. No employee count disclosed. | ||||
| 2003-06-27 | divestiture_reduction | completed | 2003-02-27 | 2003-02-27 | United States | Domestic container-shipping (CSX Lines LLC) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Most of CSX's interest in CSX Lines conveyed to Carlyle Group venture (renamed Horizon Lines). No employee headcount impact disclosed. | |||
| 2003-06-27 | restructuring | announced | 2003-07-15 | USD 8 (millions) | subsequent_events f5-10q / Qwen3.6-27B-Q8_0 | Staffing reductions announced in mid-July; amounts to be expensed relating to this involuntary program will be approximately $8 million in the third quarter of 2003. | |||||
| 2003-03-28 | divestiture_reduction | completed | 2003-02-27 | 2003-02-27 | United States | Domestic container-shipping (CSX Lines LLC) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | CSX conveyed most of its interest in CSX Lines to a venture with the Carlyle Group; renamed Horizon Lines. No employee headcount associated with the divestiture was disclosed. | |||
| 2003-03-28 | other | completed | 2003-01-01 | 2003-03-28 | United States | Executive leadership (Chairman and CEO) | USD 16 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Expenses related to retirement of John Snow, former Chairman and CEO, to become U.S. Secretary of the Treasury; $16 million in operating expenses and approximately $56 million total cash payments and related taxes in Q1 2003. | ||
| 2003-03-28 | other | announced | 2003-04-01 | 2003-05-07 | United States | Executive leadership (Vice Chairman / CFO) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Agreement dated April 1, 2003; Goodwin to become Vice Chairman effective May 7, 2003, then retire and serve as consultant for one year after a new CFO is hired. | |||
| 2002-12-27 | restructuring | completed | 2002-01-01 | 2002-12-27 | United States | Rail and Intermodal | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Workforce decreased by more than 5,000 employees since 2000 through attrition and productivity improvements. | |||
| 2002-09-27 | restructuring | completed | International Terminals | USD 8 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Higher costs primarily due to severance costs and minority interest expense. | |||||
| 2002-09-27 | restructuring | completed | Rail | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Labor and fringe benefits increased primarily due to wage inflation and increased healthcare costs, partially offset by headcount reductions. | ||||||
| 2002-06-28 | restructuring | in_progress | 1,700 | United States | Rail | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Net headcount reduction of approximately 1,700 versus the prior-year quarter, part of an ongoing management effort to eliminate inefficiencies; not a discrete announced event, no severance charge or completion date disclosed. | ||||
| 2002-06-28 | restructuring | completed | 1,700 | Rail | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Net headcount reductions of approximately 1,700 from prior year quarter as part of effort to eliminate inefficiencies. | |||||
| 2002-03-29 | restructuring | in_progress | 2,600 | United States | Rail (CSXT) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Approximately 2,600 fewer employees vs. prior-year quarter as part of ongoing effort to eliminate inefficiencies; net reduction over the year, not a discrete quarterly event. | ||||
| 2002-03-29 | restructuring | completed | 2,600 | Rail | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Headcount reductions of approximately 2,600 from prior year quarter as part of continued effort to eliminate inefficiencies. | |||||
| 2001-12-28 | restructuring | completed | 270 | 2000-12-31 | 2001-12-28 | United States | Rail and Intermodal | USD 7 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Non-voluntary program announced in late 2000 and completed through 2001; 270 positions total for the program; $7M expensed in 2001 and $6M in 2000; filing does not break out how many reductions occurred in each year | |
| 2001-12-28 | restructuring | completed | 270 | 2000-12-31 | 2001-12-28 | Rail and Intermodal | USD 7 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Non-voluntary program announced late 2000, continued through 2001. $7 million expensed in 2001. | ||
| 2000-12-29 | restructuring | in_progress | 2000-10-01 | 2001-12-31 | United States | Rail, Intermodal, Corporate Headquarters, Technology | USD 6 (millions) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Number of employees to be terminated not yet determined; $6M charge recorded in Q4 2000 per Note 17; terminations expected over 12-14 months from October 2000; substantially all termination benefits to be paid from defined benefit pension plan | ||
| 2000-12-29 | divestiture_reduction | completed | 2000-09-22 | 2000-09-22 | Contract Logistics (CTI Logistx) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of CTI Logistx completed September 22, 2000 for $650 million; employee count associated with divestiture not disclosed | ||||
| 2000-12-29 | restructuring | announced | 2000-10-01 | 2002-02-01 | United States | Rail, Intermodal, Corporate, Technology | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Review of non-union workforce to identify unnecessary work; involuntary terminations expected over 12-14 months. Number of employees not yet determined. | |||
| 2000-12-29 | voluntary_separation | completed | 680 | 1999-10-01 | 2000-06-30 | United States | Rail, Intermodal | USD 24 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Voluntary early retirement program completed in Dec 1999 accounted for 680 positions. Remainder of 800 total positions achieved through attrition/terminations by mid-2000. | |
| 2000-12-29 | reduction_in_force | completed | 120 | 1999-10-01 | 2000-06-30 | United States | Rail, Intermodal | USD 31 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Involuntary terminations and normal attrition accounted for remaining 120 of 800 total position reductions. Total charge for program was $55M. | |
| 2000-09-29 | restructuring | announced | 2000-10-01 | United States | Rail, Intermodal, Corporate Headquarters, Technology Subsidiary | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Announced October 2000; review of non-union staffing levels with involuntary terminations over 12-14 months; benefits largely paid from defined benefit pension plan; headcount not disclosed. | ||||
| 2000-09-29 | restructuring | announced | 2000-10-01 | United States | Rail, Intermodal, Corporate Headquarters, Technology Subsidiary | subsequent_events f5-10q / Qwen3.6-27B-Q8_0 | Company announced plans to review functions and staffing levels in non-union workforce. Process will result in involuntary terminations over next 12-14 months. Number of employees to be terminated not yet determined. Benefits paid from pension plan. | ||||
| 2000-06-30 | divestiture_reduction | completed | 1999-12-10 | 1999-12-10 | Global | Marine Services (International Liner Business) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Sale of Sea-Land international liner business to Maersk in Dec 1999. Majority of workforce transferred to purchaser. Specific headcount not disclosed. | |||
| 2000-03-31 | divestiture_reduction | completed | 1999-12-01 | 1999-12-31 | Global | Marine Services | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Sale of Sea-Land international liner business to Maersk in Dec 1999; majority of workforce transferred to purchaser. | |||
| 1999-12-31 | restructuring | in_progress | 800 | 1999-10-01 | 2000-06-30 | United States | Rail and Intermodal | USD 55 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Approximately 800 non-union positions; ~680 via voluntary early retirement completed December 1999, remainder via involuntary terminations and attrition. ~75% completed by year-end; balance in H1 2000. Pretax charge $55M ($34M after tax). Annualized savings ~$65M. Announcement date approximate (Q4 1999). | |
| 1999-12-31 | acquisition_addition | completed | 5,600 | 1999-06-01 | 1999-06-01 | United States | Rail | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Approximately 5,600 former Conrail employees joined CSX upon integration of Conrail lines on June 1, 1999. | ||
| 1999-12-31 | restructuring | completed | 800 | 1999-12-31 | 2000-06-30 | United States | Rail and Intermodal | USD 55 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Reduction of non-union workforce by approx. 800 positions. 680 via voluntary early retirement, remainder via involuntary terminations and attrition. 75% completed by year-end. | |
| 1999-12-31 | acquisition_addition | completed | 5,600 | 1999-06-01 | 1999-06-01 | United States and Canada | Rail | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Approx. 5,600 former Conrail employees joined CSX upon integration of Conrail operations. | ||
| 1999-10-01 | acquisition_addition | completed | 5,600 | 1999-06-01 | 1999-06-01 | Northeastern and Midwestern United States and Canada | Rail (CSXT) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Approximately 5,600 former Conrail employees joined CSXT when integrated operations began June 1, 1999; CSXT added about 4,400 route miles | ||
| 1999-10-01 | voluntary_separation | announced | 800 | 1999-10 | 2000-03-31 | United States | Rail and intermodal units and an affiliated technology subsidiary | USD 55 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Pre-tax charge estimated between $55 million and $75 million in Q4 1999; annualized expense savings of approximately $75 million; most departures by year-end, remainder by end of Q1 2000; early retirement benefits paid from CSX pension plan | |
| 1999-10-01 | divestiture_reduction | announced | 1999-07-21 | 1999-12-31 | Worldwide | Container Shipping (Sea-Land international liner business) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of Sea-Land international liner business to A.P. Moller-Maersk for approximately $800 million; headcount affected not disclosed; a $315 million asset impairment charge was recorded in Q3 | |||
| 1999-10-01 | acquisition_addition | completed | 5,600 | 1999-06-01 | 1999-06-01 | United States and Canada | Rail | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Approximately 5,600 former Conrail employees joined CSXT upon integration of operations. | ||
| 1999-10-01 | voluntary_separation | announced | 800 | 1999-10-01 | 2000-03-31 | United States | Rail and Intermodal | USD 65 (millions) | subsequent_events f5-10q / Qwen3.6-27B-Q8_0 | Program initiated in October 1999 to reduce non-union workforce. Pre-tax charge estimated between $55 million and $75 million. Most separations expected by end of 1999, remainder by end of Q1 2000. | |
| 1999-07-02 | acquisition_addition | completed | 6,200 | 1999-06-01 | 1999-06-01 | Northeastern and Midwestern United States and Canada | Rail | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Approximately 6,200 former Conrail employees joined CSXT when integrated operations formally began June 1, 1999; CSX separately recorded about $400 million of acquisition-related obligations including union and non-union separation and relocation costs (Note 5) | ||
| 1999-07-02 | divestiture_reduction | announced | 1999-07-21 | 1999-12-31 | Worldwide | Container Shipping — Sea-Land international liner business | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Agreement to sell Sea-Land's international liner business to A.P. Moller-Maersk for $800 million cash; expected impairment loss exceeding $300 million before tax in Q3 1999; no employee count disclosed for the transferred workforce | |||
| 1999-07-02 | acquisition_addition | completed | 6,200 | 1999-06-01 | 1999-06-01 | Northeastern and Midwestern United States and Canada | Rail | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Approximately 6,200 former Conrail employees joined CSXT to service new operations upon integration. | ||
| 1999-07-02 | restructuring | completed | 1999-06-01 | 1999-06-30 | Conrail System | Rail | USD 280 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Provision for cost to Conrail of separating non-union employees whose positions were eliminated as a result of the acquisition. | ||
| 1999-07-02 | restructuring | completed | 1999-06-01 | 1999-06-30 | Conrail System | Rail | USD 400 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | CSX recorded liabilities for acquisition-related obligations including separation costs for Conrail union employees, relocation costs, and facility closure costs. | ||
| 1999-04-02 | restructuring | in_progress | 1997-04-08 | 1999-06-01 | United States | Conrail / Rail operations | USD 400 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | CSX recorded ~$400M in liabilities for Conrail union employee separations, relocations, and facility closures. No employee count disclosed. Integration scheduled for 1999-06-01. | ||
| 1999-04-02 | restructuring | in_progress | 1998-08-22 | United States | Conrail — non-union employees | USD 280 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Purchase price allocation by jointly owned entity included $280M for separation of Conrail non-union employees whose positions are eliminated. No employee count disclosed. | |||
| 1999-04-02 | other | in_progress | 1999-05-31 | United States | Conrail — BMWE labor relations | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | BMWE implementing agreement imposed by arbitrator, appealed to STB; CSX negotiated settlement pending membership ratification vote expected by early May 1999. | ||||
| 1999-04-02 | restructuring | in_progress | 1997-05-01 | 1999-06-01 | United States | Rail | USD 280 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Conrail acquisition separation costs for non-union employees. | ||
| 1999-04-02 | restructuring | in_progress | 1997-05-01 | 1999-06-01 | United States | Rail | USD 400 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | CSX recorded liabilities for Conrail union employee separation, relocation, and facility closure costs. | ||
| 1998-09-25 | restructuring | in_progress | 1998-07-01 | United States | CSX Transportation (CSXT) — telecommunications | USD -30 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Credit of $30M ($19M after tax) reversing prior separation/labor protection accrual after new telecom contract meant certain positions would not be eliminated. No employee count disclosed. | |||
| 1998-09-25 | acquisition_addition | in_progress | 1998-08-22 | 1999-03-31 | United States | Conrail integration — CSX and Norfolk Southern | USD 400 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | CSX recorded ~$400M for acquisition-related obligations including Conrail union employee separations, relocations, and facility closures. Separately, jointly owned entity recorded $280M for non-union separations. No employee counts disclosed. Integration expected early 1999. | ||
| 1998-09-25 | divestiture_reduction | completed | 1998-06-30 | 1998-06-30 | United States | American Commercial Lines LLC (barge subsidiary) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Barge subsidiary conveyed to Vectura venture; CSX retained 32% equity interest. No headcount impact quantified. | |||
| 1998-09-25 | plant_closure | announced | 1998-08-22 | 1999-03-31 | United States | Conrail integration — duplicate facilities | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Filing states a number of positions will be eliminated and certain duplicate facilities closed upon integration; no counts or dates beyond early 1999 provided. | |||
| 1998-09-25 | restructuring | completed | 1998-07 | Telecommunications | USD -30 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Credit recorded because positions expected to be eliminated under 1995 contract will not be eliminated due to new 1998 vendor agreement. | ||||
| 1998-09-25 | restructuring | in_progress | 1998-08-22 | 1999-03 | Conrail Integration | USD 280 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Provision for cost to Conrail of separating non-union employees whose positions are being eliminated. | |||
| 1998-09-25 | restructuring | in_progress | 1998-08-22 | 1999-03 | Conrail Integration | USD 400 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | CSX recorded liabilities for acquisition-related obligations including separation costs for Conrail union employees and relocation costs. | |||
| 1998-06-26 | other | in_progress | United States | Rail | MD&A f5-10q / Qwen3.6-27B-Q8_0 | General Motors strike expected to impact rail traffic and revenues. | |||||
| 1998-06-26 | other | in_progress | United States | Rail | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Rail operations will reflect increased costs for hiring and training related to Conrail integration. | |||||
| 1997-12-26 | restructuring | in_progress | 800 | 1995-01-01 | 2001-12-31 | United States | CSX Transportation Inc. and Sea-Land Service Inc. | USD 257 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Multi-year program announced in 1995. Cumulative through Dec. 26, 1997: $203M utilized, $54M remaining reserve; approximately 560 of ~800 affected employees separated. Remaining separations expected within four years. Current-year utilization not separately disclosed. | |
| 1997-12-26 | restructuring | in_progress | 1991-01-01 | United States | CSX Transportation Inc. | USD 51 (millions) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | 1991/92 productivity charge related to labor agreements providing for two-member train crews. $51M paid in fiscal 1997; cumulative $975M through 1997. No employee count disclosed. | |||
| 1997-12-26 | restructuring | completed | 560 | 1995-01-01 | 1997-12-26 | United States | Rail and Container-Shipping | USD 257 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | 1995 pretax charge of $257 million. Approximately 800 employees affected total; 560 separations finalized through Dec 26, 1997. Remaining expected within next four years. | |
| 1997-09-26 | restructuring | completed | USD 363 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Conrail recorded $363 million after-tax separation-related charges for executive compensation, stock plan vesting, and ESOP termination. Employee count not disclosed. | ||||||
| 1997-09-26 | other | in_progress | 1997-09-01 | Louisiana | Rail (CSXT) | USD 2,500 (millions) | other f5-10q / Qwen3.6-27B-Q8_0 | Jury awarded $2.5 billion punitive damages against CSXT regarding 1987 fire. Company plans to appeal; no charge recorded. | |||
| 1997-06-27 | other | completed | 1997-06-27 | United States | Conrail Acquisition | USD 363 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquisition-related charges for separation-related compensation to certain Conrail executives, vesting of benefits under stock compensation plans, and termination of Employee Stock Ownership Plan. Employee count not disclosed. | |||
| 1997-03-28 | other | completed | United States | Rail (CSX Transportation) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Rail unit reported all labor agreements signed and in effect via the National Carriers Conference Committee; no employee counts or dates disclosed. | |||||
| 1997-03-28 | acquisition_addition | announced | 1997-04-08 | 1997-05-23 | Northeast and Midwest United States, Quebec, Canada | Rail | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Joint acquisition of Conrail announced April 8, 1997; no headcount addition disclosed. CSX to contribute $4.3B for 42% economic share. | |||
| 1996-12-27 | restructuring | in_progress | 800 | 1995-06-30 | 2000-12-31 | United States | Rail (CSXT) and Container Shipping (Sea-Land) | USD 257 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Program announced in Q2 1995; charge of $257M pretax ($196M CSXT, $61M Sea-Land). Through Dec 27, 1996, approximately 530 of ~800 affected employee separations finalized; remaining expected within four years. Remaining reserve $58M at year-end. Cumulative through fiscal year-end 1996. | |
| 1996-12-27 | acquisition_addition | completed | 1996-01-31 | 1996-01-31 | United States | Barge (American Commercial Lines Inc.) | USD 21 (millions) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of marine assets of Conti-Carriers & Terminals Inc. (CCTI) completed January 1996; added 400 barges and 8 towboats. Employee headcount added not disclosed. $21M capital addition. | ||
| 1996-12-27 | restructuring | completed | 530 | 1995-04-01 | United States | Rail and Container-Shipping | USD 257 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Approximately 530 employee separations finalized through Dec 27, 1996, from a total provision for ~800 affected employees. Charge recorded in 1995. | ||
| 1996-12-27 | restructuring | in_progress | 270 | 1995-04-01 | United States | Rail and Container-Shipping | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Remaining affected employees from 1995 restructuring expected to be impacted within next four years. | |||
| 1996-09-27 | other | in_progress | United States | Rail (CSX Transportation) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Rail unit reached agreements with all labor organizations except Dispatchers; negotiations continue. No employee counts disclosed. | |||||
| 1996-09-27 | restructuring | in_progress | 1995-04-01 | United States | Rail and Container Shipping | USD 257 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Original $257M pretax charge recorded in Q2 1995; $69M reserve remained at Dec 29, 1995; $9M utilized in nine months ended Sep 27, 1996. No employee counts disclosed. | |||
| 1996-09-27 | restructuring | in_progress | 1995-04-01 | Rail and container-shipping units | USD 3 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Utilization of remaining reserve for global integration and vessel reflagging costs in Q3 1996. Original 1995 charge was $257 million. | ||||
| 1996-09-27 | other | in_progress | Rail Unit | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Negotiations continue with Dispatchers organization; agreements in effect with all other labor organizations. | ||||||
| 1996-06-28 | other | in_progress | United States | Rail unit (CSXT) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Tentative agreements reached with several rail unions pending ratification; negotiations continue with two shopcraft unions and Dispatchers. No employee counts disclosed. | |||||
| 1996-06-28 | restructuring | in_progress | 1995-04-01 | Rail and container-shipping units | USD 2 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Utilization of remaining reserve for global integration and vessel reflagging costs in Q2 1996. Original 1995 charge was $257 million. | ||||
| 1996-03-29 | restructuring | in_progress | 1995-06-30 | United States | Rail and container-shipping units | USD 257 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Pretax charge recorded in Q2 1995 ($160M after-tax, $0.76/share). $69M reserve remaining at Dec 29, 1995; $4M utilized in Q1 1996 for integration, vessel reflagging, and employee separations. No employee count disclosed. | |||
| 1996-03-29 | other | announced | 1996-04-30 | United States | Rail unit (CSX Transportation) — labor relations | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | UTU failed to ratify the proposed five-year contract in April 1996; agreed to binding arbitration. TCU set a May 9, 1996 strike date pending expected Presidential Emergency Board appointment. | ||||
| 1996-03-29 | restructuring | in_progress | 1995-06-30 | Rail and container-shipping units | USD 4 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Utilized $4 million of remaining reserve for global integration, vessel reflagging costs, and employee separations completed during the period. | ||||
| 1996-03-29 | other | announced | 1996-05-09 | Rail unit | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Transportation Communication International Union (TCU) set a strike date of May 9, 1996, after being released from negotiations. | |||||
| 1995-12-29 | restructuring | in_progress | 800 | 1995-06-30 | 1999-12-31 | United States | CSXT (rail) and Sea-Land (container-shipping) | USD 257 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Recorded in Q2 1995; $196M CSXT (AT&T telecom network replacement, $163M asset write-down + $33M separations) and $61M Sea-Land (global integration $31M, vessel reflagging $30M). Approximately 500 separations finalized through 1995-12-29; remaining 300 expected over 4-5 years. $69M reserve remaining at year-end. Charge reduced net earnings by $160M (76 cents/share). | |
| 1995-12-29 | restructuring | completed | 16% | 1995-12-29 | 1995-12-29 | United States | CSX Intermodal Inc. (CSXI) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | CSXI cut total employment by 16% in response to trucking overcapacity and declining trailer volumes; absolute headcount reduction not disclosed. Also reduced trailer fleet by 40%. | ||
| 1995-12-29 | restructuring | in_progress | 800 | 1995-04-01 | 1999-12-31 | United States | Rail and Container-shipping | USD 257 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Second quarter 1995 charge. Includes CSXT telecommunications network replacement and Sea-Land global integration/reflagging. 500 separations finalized by year-end; 300 remaining. Most payments completed by 1999. | |
| 1995-12-29 | restructuring | completed | 450 | 1993-01-01 | 1995-12-29 | Europe and North America | Container-shipping | USD 93 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | 1993 charge. Initiatives completed and substantially all costs paid by end of 1995. | |
| 1995-09-29 | restructuring | in_progress | 800 | United States | Rail (CSX Transportation) and Container-Shipping units | USD 80 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Consolidated program recorded in Q2 1995: $257M pretax charge ($160M after-tax, $1.52/share), including $163M telecom asset write-down, $80M separation/labor-protection provision for approximately 800 employees, and $14M lease/facility exit costs. Segment components disclosed by charge only: rail unit $196M (AT&T telecom network agreement effective 1995-05-01), container-shipping global integration $31M, vessel reflagging $30M (crew separations on five vessels). 90% of affected employees expected impacted within one year, remaining 10% within four to five years. Through 1995-09-29, 514 separations finalized with $15M paid. Employee count disclosed only as consolidated total, so sub-components not emitted as separate records. | |||
| 1995-09-29 | restructuring | in_progress | 800 | 1995-05-01 | Rail and Container-Shipping Units | USD 80 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Initiatives to revise, restructure, and consolidate operations. Includes separation payments for approx. 800 employees. 514 separations finalized through Sept 29, 1995. 90% impact expected within one year. |