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Norfolk Southern Corporation$204.59($.26)(.13%)

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Income Statement for Norfolk Southern Corporation
(Amounts are in millions) 12/2019 12/2018 12/2017
Press Release Press Release Press Release
Net Sales or Revenues $11,296.00 $11,458.00 $10,551.00
Cost of Goods Sold $3,418.00 $3,472.00 $2,995.00
Gross Profit $7,878.00 $7,986.00 $7,556.00
       
Research & Development Expense $0.00 $0.00 $0.00
Selling, General, & Admin. Expense $2,751.00 $2,925.00 $2,915.00
Income Before Depreciation $5,127.00 $5,061.00 $4,641.00
       
Depreciation, Depletion, Amortization $1,138.00 $1,102.00 $1,055.00
Non-Operating Income $106.00 $67.00 $92.00
Interest Expense $604.00 $557.00 $550.00
Pretax Income $3,491.00 $3,469.00 $3,128.00
       
Provision for Income Taxes $769.00 $803.00 ($2,276.00)
Minority Interest $0.00 $0.00 $0.00
Investment Gains (Losses) $0.00 $0.00 $0.00
Other Income $0.00 $0.00 $0.00
Income Before Extraordinaries $2,722.00 $2,666.00 $5,404.00
       
Extraordinary Items & Disc. Operations $0.00 $0.00 $0.00
Net Income $2,722.00 $2,666.00 $5,404.00
       
Basic Earnings Per Share $10.32 $9.58 $18.76
Diluted Earnings Per Share $10.25 $9.51 $18.61
       
Weighted Average Basic Shares Outstanding 265.60 280.20 287.90
Weighted Average Diluted Shares Outstanding 265.60 280.20 290.30
       
Income Before Non-Recurring Items $2,754.00 $2,666.00 $1,922.00
Income From Non-Recurring Items ($32.00) $0.00 $3,482.00
Diluted Earnings Per Share before extras $10.34 $9.51 $6.61
       
Dividend (preferred) N/A N/A N/A
Dividend (common) $938.69 $827.93 $693.34
Dividend Per Share (common) $3.60 $3.04 $2.44




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