Norfolk Southern Corp.
Cash Flow Statement
| Line Item | FY2009 | FY2008 | FY2007 |
|---|---|---|---|
| Operating Activities | |||
| Net Income | $1.03B | $1.72B | $1.46B |
| Depreciation & Amortization | — | — | — |
| Depreciation | $845.0M | $815.0M | $786.0M |
| Amortization | — | — | — |
| Stock-Based Compensation | — | — | — |
| Net Cash from Operating Activities | $1.86B | $2.72B | $2.33B |
| Investing Activities | |||
| Capital Expenditures | $1.30B | $1.56B | $1.34B |
| Business Acquisitions | — | — | — |
| Net Cash from Investing Activities | $-1.45B | $-1.23B | $-1.03B |
| Financing Activities | |||
| Dividends Paid | $500.0M | $456.0M | $377.0M |
| Stock Repurchases | $0 | $1.13B | — |
| Net Cash from Financing Activities | $-31.0M | $-1.08B | $-1.63B |
| Net Change in Cash | $378.0M | $412.0M | $-321.0M |
| Free Cash Flow | $561.0M | $1.16B | $992.0M |