maturing 2034 to 2064

5.22% maturing 2097 to 2121

Securitization borrowings and finance leases

Discounts, premiums, and debt issuance costs

Total debt

 

$

 

Less current maturities and short-term debt

Long-term debt excluding current maturities and short-term debt

 

K60

 

$

 

2,370 $

3,094

11,247

1,384

17

(933)

17,179

 

3,370

1,995

9,247

1,384

116

(930)

15,182

 

(4)

 

(703)

 

17,175 $

 

14,479

 

Long-term debt maturities subsequent to 2024 are as follows:

2025

2026

2027

2028

2029 and subsequent years

Tot

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8,871

 

26,152

 

227

2,179

(320)

10,695

 

230

2,157

(351)

10,697

 

12,781

 

12,733

 

41,652 $

 

38,885

 

Investments

Properties less accumulated depreciation of $13,265 and

$12,592, respectively

Other assets

Total assets

Liabilities and stockholders’ equity

Current liabilities:

Accounts payable

Short-term debt

Income and other taxes

Other current liabilities

Current maturities of long-term debt

Total current liabilities

 

Stockholders’ equity:

Common Stock $1.00 per share par value, 1,350,000,000 shares

 

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Covered hopper

Box

Flat

Other

 

Leased

 

Total

 

18,011

7,672

5,384

2,189

1,213

1,086

 

3,741

—

—

610

676

—

 

21,752

7,672

5,384

2,799

1,889

1,086

 

(Tons)

2,443,624

876,433

598,451

257,694

135,106

46,815

 

Total freight cars

 

35,555

 

5,027

 

40,582

 

4,358,123

 

Intermodal equipment:

Chassis

Containers

Roadrailers

 

38,397

17,662

1,110

 

1,063

—

—

 

39,460

17,662

1,110

 

57,169

 

1,063

 

58,232

 

Total intermodal equipment

 

The following table indicates the number and year built for locomotives and freight cars

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ittees of the Board of Directors

• Corporate Governance Guidelines

• Categorical Independence Standards

• The Thoroughbred Code of Ethics

• Code of Ethical Conduct for Senior Financial Officers

 

K3

 

RAILROAD OPERATIONS – At December 31, 2023, we operated approximately 19,100 route miles in 22 states

and the District of Columbia.

Our system reaches many manufacturing plants, electric generating facilities, mines, distribution centers, transload

facilities, and other businesses located in our ser

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, present, and future, is inherent in the railroad

business. This risk includes property owned by us, whether currently or in the past, that is or has been subject to a

variety of uses, including our railroad operations and other industrial activity by past owners or our past and present

tenants.

Environmental problems that are latent or undisclosed may exist on these properties, and we could incur

environmental liabilities or costs, the amount and materiality of which cannot be estimated reliab

---

nd are included in “Materials and other” expenses. Gains and losses on disposal of nonoperating land and non-rail assets are included in “Other income – net” since such income is not a product of our

railroad operations.

A retirement is considered abnormal if it does not occur in the ordinary course of business, if it relates to disposition

of a large segment of an asset class and if the retirement varies significantly from the retirement profile identified

through our depreciation studies, whic

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Chicago to Macon (via Cincinnati, Chattanooga, and Atlanta)

• Central Ohio to Norfolk (via Columbus and Roanoke)

• Cleveland to Kansas City

• Birmingham to Meridian

• Memphis to Chattanooga

 

K4

 

The miles operated, which include major leased lines between Cincinnati and Chattanooga, and an exclusive

operating agreement for trackage rights over property owned by North Carolina Railroad Company, were as

follows:

 

Route

Miles

Owned

Operated under lease, contract or trackage

rights

Total

 

Mileage O