v3.26.1
Stock Plans and Share-Based Compensation (Tables)
6 Months Ended
Jun. 30, 2026
Share-Based Payment Arrangement [Abstract]  
Schedule of Share-Based Compensation and Related Income Tax Benefit Total pre-tax expense and income tax benefits associated with share-based compensation are shown in the table below. Income tax benefits include impacts from option exercises and the vesting of other equity awards.
Second QuartersSix Months
(Dollars in Millions)
2026202520262025
Share-Based Compensation Expense:
Performance Units$16 $$18 $
Restricted Stock Units4 8 13 
Stock Options4 7 
Employee Stock Purchase Plan3 5 
Stock Awards for Directors — 2 
Total Share-Based Compensation Expense$27 $15 $40 $29 
Income Tax Benefit$5 $$12 $
Schedule of Share-Based Compensation Arrangements by Share-Based Payment Award
In February 2026, the Company granted the following awards under a new long-term incentive plan ("LTIP") for the years 2026 through 2028, which was adopted under the CSX 2019 Stock and Incentive Award Plan.
Granted
(Thousands)
Weighted Avg. Fair Value
Performance Units637$50.18 
Restricted Stock Units25542.65 
Stock Options1,27112.83