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Investment in Affiliates and Related-Party Transactions (Tables) | 12 Months Ended
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Dec. 31, 2022
Related Party Transactions [Abstract] |
Schedule of Equity-method Investments in Affiliates | CSX's investments in affiliates are included on the consolidated balance sheet as investments in affiliates and other companies.
| December |  | December
(Dollars in Millions) | 2022 |  | 2021
Equity-method Investments: |  |  |
Conrail | $ | 1,124 |  |  | $ | 1,083 |
TTX | 914 |  |  | 849 |
Other (a) | 254 |  |  | 167 |
Total | $ | 2,292 |  |  | $ | 2,099 |
(a) Other investments as of December 31, 2022, includes an interest in Pan Am Southern, LLC, which is jointly-owned with a subsidiary of Norfolk Southern Corporation, that was acquired as part of the purchase of Pan Am.
Schedule of Future Payments Under Shared Asset Area Agreements | The following table presents information about the amount, timing and uncertainty of cash flows arising from all of the Company’s operating leases as of December 31, 2022.
(Dollars in Millions) | December 2022
Maturity of Lease Liabilities | Lease Payments
2023 | $ | 71 |
2024 | 62 |
2025 | 55 |
2026 | 41 |
2027 | 35 |
Thereafter | 1,122 |
Total Undiscounted Operating Lease Payments | $ | 1,386 |
Less: Imputed Interest | (829) |
Present Value of Operating Lease Liabilities | $ | 557 |
Future payments due to Conrail under the shared asset area agreements are shown in the table below.
(Dollars in Millions) | Conrail Shared
Years | Asset Agreement
2023 | $ | 31 |
2024 | 31 |
2025 | 31 |
2026 | 31 |
2027 | 31 |
Thereafter | 44 |
Total | $ | 199 |
Schedule of Related Party in the Consolidated Income Statement Components | The following table discloses amounts related to Conrail. All amounts in the table below are included in purchased services and other expenses on the Company’s consolidated income statements.
| Years Ended
(Dollars in Millions) | 2022 |  | 2021 |  | 2020
Rents, Fees and Services | $ | 130 |  |  | $ | 128 |  |  | $ | 126 |
Purchase Price Amortization and Other | 4 |  |  | 4 |  |  | 4 |
Equity Earnings of Conrail | (44) |  |  | (44) |  |  | (49) |
Total Conrail Expense | $ | 90 |  |  | $ | 88 |  |  | $ | 81 |
As required by the Related Party Disclosures Topic in the ASC, the following table discloses amounts related to TTX. Car hire rents and equity earnings are included in equipment and other rents expense on the Company’s consolidated income statement.
| Years Ended
(Dollars in Millions) | 2022 |  | 2021 |  | 2020
Income Statement Information: |  |  |  |  |
Car Hire Rents | $ | 241 |  |  | $ | 221 |  |  | $ | 219 |
Equity Earnings of TTX | (51) |  |  | (52) |  |  | (51) |
Total TTX Expense | $ | 190 |  |  | $ | 169 |  |  | $ | 168 |
Schedule of Related Party Consolidated Balance Sheet Components |
| December |  | December
(Dollars in Millions) | 2022 |  | 2021
Balance Sheet Information: |  |  |
CSX Accounts Payable to Conrail | $ | 136 |  |  | $ | 100 |
Promissory Notes Payable to Conrail Subsidiary |  |  |
1.31% CSX Promissory Note due December 2050 | 73 |  |  | 73 |
1.31% CSXT Promissory Note due December 2050 | 368 |  |  | 368 |
Also included below is balance sheet information related to CSX's payable to TTX, which represents car rental liabilities.
| December |  | December
Balance Sheet Information: | 2022 |  | 2021
CSX Payable to TTX | $ | 38 |  |  | $ | 35 |

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