Stock Analysis on Net

Norfolk Southern Corp. (NYSE:NSC)

This company has been moved to the archive! The financial data has not been updated since April 27, 2022.

Cash Flow Statement

The cash flow statement provides information about a company cash receipts and cash payments during an accounting period, showing how these cash flows link the ending cash balance to the beginning balance shown on the company balance sheet.

The cash flow statement consists of three parts: cash flows provided by (used in) operating activities, cash flows provided by (used in) investing activities, and cash flows provided by (used in) financing activities.

Norfolk Southern Corp., consolidated cash flow statement

US$ in millions

Microsoft Excel
12 months ended: Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017
Net income 3,005 2,013 2,722 2,666 5,404
Depreciation 1,181 1,154 1,139 1,104 1,059
Deferred income taxes 184 142 330 173 (2,859)
Gains and losses on properties (86) (39) (42) (171) (92)
Loss on asset disposal 385
Impairment of investment 99
Accounts receivable (133) 71 87 (70) (41)
Materials and supplies 3 23 (37) 15 35
Other current assets (6) 3 (4) (46) (71)
Current liabilities other than debt 283 34 (185) 223 135
Changes in assets and liabilities affecting operations 147 131 (139) 122 58
Other, net (176) (248) (118) (168) (317)
Reconciliation of net income to net cash provided by operating activities 1,250 1,624 1,170 1,060 (2,151)
Net cash provided by operating activities 4,255 3,637 3,892 3,726 3,253
Property additions (1,470) (1,494) (2,019) (1,951) (1,723)
Property sales and other transactions 159 333 377 204 202
Investment purchases (10) (13) (18) (10) (7)
Investment sales and other transactions 99 (1) (104) 99 47
Net cash used in investing activities (1,222) (1,175) (1,764) (1,658) (1,481)
Dividends (1,028) (960) (949) (844) (703)
Common Stock transactions 17 69 27 40 89
Purchase and retirement of Common Stock (3,390) (1,439) (2,099) (2,781) (1,012)
Proceeds from borrowings, net of issuance costs 1,676 784 2,192 2,023 290
Debt repayments (584) (381) (1,188) (750) (702)
Other 23
Net cash used in financing activities (3,309) (1,927) (1,994) (2,312) (2,038)
Net increase (decrease) in cash and cash equivalents (276) 535 134 (244) (266)
Cash and cash equivalents, at beginning of year 1,115 580 446 690 956
Cash and cash equivalents, at end of year 839 1,115 580 446 690

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31).

Cash flow statement item Description The company
Net cash provided by operating activities Amount of cash inflow (outflow) from operating activities, excluding discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities. Norfolk Southern Corp. net cash provided by operating activities decreased from 2019 to 2020 but then increased from 2020 to 2021 exceeding 2019 level.
Net cash used in investing activities Amount of cash inflow (outflow) of investing activities, excluding discontinued operations. Investing activity cash flows include making and collecting loans and acquiring and disposing of debt or equity instruments and property, plant, and equipment and other productive assets. Norfolk Southern Corp. net cash used in investing activities increased from 2019 to 2020 but then slightly decreased from 2020 to 2021.
Net cash used in financing activities Amount of cash inflow (outflow) of financing activities, excluding discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit. Norfolk Southern Corp. net cash used in financing activities increased from 2019 to 2020 but then decreased significantly from 2020 to 2021.