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CSX Corp. (CSX)

Analysis of Inventory

Advanced level

Accounting Policy on Inventory

Materials and supplies in the consolidated balance sheets are carried at average costs and consist primarily of fuel and parts used in the repair and maintenance of CSXT’s freight car and locomotive fleets, equipment and track structure.

Source: 10-K (filing date: 2019-02-06).

Inventory Disclosure

CSX Corp., balance sheet: inventory

US$ in millions

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Dec 31, 2018 Dec 31, 2017 Dec 30, 2016 Dec 25, 2015 Dec 26, 2014
Materials and supplies 263  372  407  350  273 

Based on: 10-K (filing date: 2019-02-06), 10-K (filing date: 2018-02-07), 10-K (filing date: 2017-02-14), 10-K (filing date: 2016-02-10), 10-K (filing date: 2015-02-11).

Item Description The company
Materials and supplies Amount after valuation and LIFO reserves of inventory expected to be sold, or consumed within one year or operating cycle, if longer. CSX Corp.’s materials and supplies decreased from 2016 to 2017 and from 2017 to 2018.