| Schedule of Financial Information of Master Trust |
Summarized financial information of the Master Trust is presented below:
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | December 31, 2025 | | Plan's | | December 31, 2024 | | Plan's | | (Dollars in Thousands) | | | Interest | | | Interest | | Assets | | | | | | | | | Accrued income | | $ | 319 | | | $ | 122 | | | $ | 296 | | | $ | 113 | | | | | | | | | | | | Due from brokers for securities sold | | — | | | — | | | 31 | | | 12 | | | | | | | | | | | | Investments, at fair value: | | | | | | | | | | CSX Common Stock | | 884,518 | | | 586,653 | | | 852,648 | | | 561,896 | | Mutual Funds (a) | | 281,508 | | | 129,494 | | | 252,656 | | | 113,695 | | Common Collective Trusts (a) | | 1,355,365 | | | 644,707 | | | 1,191,312 | | | 555,175 | | Other Common Stock (a) | | 401,197 | | | 148,593 | | | 377,315 | | | 136,846 | | | Total investments, at fair value | | 2,922,588 | | | 1,509,447 | | | 2,673,931 | | | 1,367,612 | | | | | | | | | | | | Stable Value Fund, at contract value: | | 309,923 | | | 111,573 | | | 331,455 | | | 119,323 | | | | | | | | | | | | Total Assets | | $ | 3,232,830 | | | $ | 1,621,142 | | | $ | 3,005,713 | | | $ | 1,487,060 | | | | | | | | | | | | Liabilities | | | | | | | | | | Due to brokers for securities purchased | | $ | — | | | $ | — | | | $ | 26 | | | $ | 8 | | | Total Liabilities | | $ | — | | | $ | — | | | $ | 26 | | | $ | 8 | | | | | | | | | | | | Total Master Trust Net Assets | | $ | 3,232,830 | | | $ | 1,621,142 | | | $ | 3,005,687 | | | $ | 1,487,052 | | | Plan’s Percentage of Investment in the Master Trust’s Net Assets | | | | 50 | % | | | | 49 | % |
(a) In the prior year financial statements, certain investments were previously listed as Mutual Funds and Other Common Stock. Upon further analysis, these investments better fit into the description of Common Collective Trusts. In 2025, the Plan revised its classification. To be consistent with the current year presentation, the 2024 presentation has been adjusted accordingly as the adjustments were deemed not material. Investment gain for the Master Trust for 2025 was as follows: | | | | | | | (Dollars in Thousands) | | | Net increase in the fair value of investments: | $ | 371,875 | | | Interest, dividend, and other income | 30,121 | | | Total investment gain for the Master Trust | $ | 401,996 | | | | | Plan's investment gain in the Master Trust | $ | 203,806 | | | | | Plan's percentage of investment gain from the Master Trust | 51 | % |
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