10-K Filing

BURLINGTON NORTHERN SANTA FE, LLC CIK: 934612 FY 2023

Filing Information

Form Type	10-K
Accession Number	`0000934612-24-000005`
Period End Date	20231231
Filing Date	20240226
Fiscal Year	2023
Fiscal Period	FY
XBRL Instance	bni-20231231_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 54 Income Statement 42 Cash Flow Statement 83 Stockholders Equity 14 Comprehensive Income 15

Balance Sheet 54 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.94B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.15B	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$1.40B	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$1.50B	USD	Point-in-time
Materials and supplies	`MaterialsSuppliesAndOther`	$952.00M	USD	Point-in-time
Materials and supplies	`MaterialsSuppliesAndOther`	$1.01B	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$116.00M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$137.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$4.43B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$4.78B	USD	Point-in-time
Property and equipment, net of accumulated depreciation of $19,464 and $17,899, respectively	`PropertyPlantAndEquipmentNet`	$67.22B	USD	Point-in-time
Property and equipment, net of accumulated depreciation of $19,464 and $17,899, respectively	`PropertyPlantAndEquipmentNet`	$70.20B	USD	Point-in-time
Goodwill	`Goodwill`	$15.35B	USD	Point-in-time
Goodwill	`Goodwill`	$14.85B	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$1.08B	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$1.23B	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$3.17B	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$4.87B	USD	Point-in-time
Total assets	`Assets`	$92.61B	USD	Point-in-time
Total assets	`Assets`	$94.58B	USD	Point-in-time
Accounts payable and other current liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$4.45B	USD	Point-in-time
Accounts payable and other current liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$4.34B	USD	Point-in-time
Long-term debt and finance leases due within one year	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$1.56B	USD	Point-in-time
Long-term debt and finance leases due within one year	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$1.26B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$6.01B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$5.61B	USD	Point-in-time
Long-term debt and finance leases	`LongTermDebtAndCapitalLeaseObligations`	$21.89B	USD	Point-in-time
Long-term debt and finance leases	`LongTermDebtAndCapitalLeaseObligations`	$22.22B	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$15.11B	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$15.22B	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$554.00M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$680.00M	USD	Point-in-time
Casualty and environmental liabilities	`CasualtyAndEnvironmentalLiabilities`	$385.00M	USD	Point-in-time
Casualty and environmental liabilities	`CasualtyAndEnvironmentalLiabilities`	$380.00M	USD	Point-in-time
Pension and retiree health and welfare liability	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$205.00M	USD	Point-in-time
Pension and retiree health and welfare liability	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$196.00M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$1.10B	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$1.14B	USD	Point-in-time
Total liabilities	`Liabilities`	$45.38B	USD	Point-in-time
Total liabilities	`Liabilities`	$45.31B	USD	Point-in-time
Commitments and contingencies (see Note 14)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (see Note 14)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Members equity	`MembersCapital`	$47.04B	USD	Point-in-time
Members equity	`MembersCapital`	$49.03B	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$194.00M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$234.00M	USD	Point-in-time
Total equity	`StockholdersEquity`	$49.26B	USD	Point-in-time
Total equity	`StockholdersEquity`	$44.00B	USD	Point-in-time
Total equity	`StockholdersEquity`	$46.45B	USD	Point-in-time
Total equity	`StockholdersEquity`	$47.24B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$92.61B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$94.58B	USD	Point-in-time
Accumulated depreciation; property and equipment	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$19.46B	USD	Point-in-time
Accumulated depreciation; property and equipment	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$17.90B	USD	Point-in-time

Income Statement 42 line items

Line Item	Tag	Value	Unit	Period
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$25.89B	USD	Annual
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$23.28B	USD	Annual
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$23.88B	USD	Annual
Compensation and benefits	`LaborAndRelatedExpense`	$4.77B	USD	Annual
Compensation and benefits	`LaborAndRelatedExpense`	$5.32B	USD	Annual
Compensation and benefits	`LaborAndRelatedExpense`	$5.55B	USD	Annual
Fuel	`FuelCosts`	$4.58B	USD	Annual
Fuel	`FuelCosts`	$2.77B	USD	Annual
Fuel	`FuelCosts`	$3.68B	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$2.62B	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$2.53B	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$2.46B	USD	Annual
Purchased services	`PurchasedServices`	$2.71B	USD	Annual
Purchased services	`PurchasedServices`	$2.40B	USD	Annual
Purchased services	`PurchasedServices`	$2.70B	USD	Annual
Equipment rents	`EquipmentRents`	$699.00M	USD	Annual
Equipment rents	`EquipmentRents`	$677.00M	USD	Annual
Equipment rents	`EquipmentRents`	$720.00M	USD	Annual
Materials and other	`OtherCostAndExpenseOperating`	$1.10B	USD	Annual
Materials and other	`OtherCostAndExpenseOperating`	$1.44B	USD	Annual
Materials and other	`OtherCostAndExpenseOperating`	$1.52B	USD	Annual
Total operating expenses	`OperatingExpenses`	$14.48B	USD	Annual
Total operating expenses	`OperatingExpenses`	$17.29B	USD	Annual
Total operating expenses	`OperatingExpenses`	$16.48B	USD	Annual
Operating income	`OperatingIncomeLoss`	$8.60B	USD	Annual
Operating income	`OperatingIncomeLoss`	$8.80B	USD	Annual
Operating income	`OperatingIncomeLoss`	$7.40B	USD	Annual
Interest expense	`InterestAndDebtExpense`	$1.02B	USD	Annual
Interest expense	`InterestAndDebtExpense`	$1.03B	USD	Annual
Interest expense	`InterestAndDebtExpense`	$1.05B	USD	Annual
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$95.00M	USD	Annual
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$263.00M	USD	Annual
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$133.00M	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$7.71B	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$7.86B	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$6.61B	USD	Annual
Income tax expense	`IncomeTaxExpenseBenefit`	$1.53B	USD	Annual
Income tax expense	`IncomeTaxExpenseBenefit`	$1.76B	USD	Annual
Income tax expense	`IncomeTaxExpenseBenefit`	$1.87B	USD	Annual
Net income	`NetIncomeLoss`	$5.09B	USD	Annual
Net income	`NetIncomeLoss`	$5.99B	USD	Annual
Net income	`NetIncomeLoss`	$5.95B	USD	Annual

Cash Flow Statement 83 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$5.09B	USD	Annual
Net income	`NetIncomeLoss`	$5.99B	USD	Annual
Net income	`NetIncomeLoss`	$5.95B	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$2.62B	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$2.53B	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$2.46B	USD	Annual
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$-10.00M	USD	Annual
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$-99.00M	USD	Annual
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$-446.00M	USD	Annual
Other, net	`OtherOperatingActivitiesCashFlowStatement`	$-56.00M	USD	Annual
Other, net	`OtherOperatingActivitiesCashFlowStatement`	$-2.63B	USD	Annual
Other, net	`OtherOperatingActivitiesCashFlowStatement`	$-169.00M	USD	Annual
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$88.00M	USD	Annual
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$100.00M	USD	Annual
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$73.00M	USD	Annual
Materials and supplies	`IncreaseDecreaseInMaterialsAndSupplies`	$61.00M	USD	Annual
Materials and supplies	`IncreaseDecreaseInMaterialsAndSupplies`	$46.00M	USD	Annual
Materials and supplies	`IncreaseDecreaseInMaterialsAndSupplies`	$88.00M	USD	Annual
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$-173.00M	USD	Annual
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$-111.00M	USD	Annual
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$-50.00M	USD	Annual
Accounts payable and other current liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-370.00M	USD	Annual
Accounts payable and other current liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$336.00M	USD	Annual
Accounts payable and other current liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$388.00M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$8.75B	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$7.30B	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$6.51B	USD	Annual
Capital expenditures excluding equipment	`CapitalExpendituresExcludingEquipment`	$3.35B	USD	Annual
Capital expenditures excluding equipment	`CapitalExpendituresExcludingEquipment`	$3.50B	USD	Annual
Capital expenditures excluding equipment	`CapitalExpendituresExcludingEquipment`	$2.73B	USD	Annual
Acquisition of equipment	`AcquisitionOfEquipment`	$423.00M	USD	Annual
Acquisition of equipment	`AcquisitionOfEquipment`	$177.00M	USD	Annual
Acquisition of equipment	`AcquisitionOfEquipment`	$174.00M	USD	Annual
Purchases of investments and investments in time deposits	`PaymentsToAcquireInvestments`	$24.00M	USD	Annual
Purchases of investments and investments in time deposits	`PaymentsToAcquireInvestments`	-	USD	Annual
Purchases of investments and investments in time deposits	`PaymentsToAcquireInvestments`	$23.00M	USD	Annual
Proceeds from sales of investments and maturities of time deposits	`ProceedsFromSaleOfTradingSecuritiesHeldforinvestment`	$1.00M	USD	Annual
Proceeds from sales of investments and maturities of time deposits	`ProceedsFromSaleOfTradingSecuritiesHeldforinvestment`	-	USD	Annual
Proceeds from sales of investments and maturities of time deposits	`ProceedsFromSaleOfTradingSecuritiesHeldforinvestment`	-	USD	Annual
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$68.00M	USD	Annual
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$69.00M	USD	Annual
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$17.00M	USD	Annual
Net cash used for investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-2.92B	USD	Annual
Net cash used for investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-4.01B	USD	Annual
Net cash used for investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-3.62B	USD	Annual
Proceeds from issuance of long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$1.55B	USD	Annual
Proceeds from issuance of long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$1.00B	USD	Annual
Proceeds from issuance of long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$1.60B	USD	Annual
Payments on long-term debt and finance leases	`RepaymentsOfLongTermDebt`	$932.00M	USD	Annual
Payments on long-term debt and finance leases	`RepaymentsOfLongTermDebt`	$1.56B	USD	Annual
Payments on long-term debt and finance leases	`RepaymentsOfLongTermDebt`	$1.54B	USD	Annual
Cash distributions	`CashDistributionsDividendsPaid`	$3.10B	USD	Annual
Cash distributions	`CashDistributionsDividendsPaid`	$5.00B	USD	Annual
Cash distributions	`CashDistributionsDividendsPaid`	$3.80B	USD	Annual
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-15.00M	USD	Annual
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-15.00M	USD	Annual
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-19.00M	USD	Annual
Net cash used for financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-3.81B	USD	Annual
Net cash used for financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-3.08B	USD	Annual
Net cash used for financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-4.95B	USD	Annual
Increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$180.00M	USD	Annual
Increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-228.00M	USD	Annual
Increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$210.00M	USD	Annual
Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.76B	USD	Point-in-time
Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.94B	USD	Point-in-time
Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.15B	USD	Point-in-time
Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.99B	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.76B	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.94B	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.15B	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.99B	USD	Point-in-time
Interest paid, net of amounts capitalized	`InterestPaidNet`	$1.03B	USD	Annual
Interest paid, net of amounts capitalized	`InterestPaidNet`	$1.02B	USD	Annual
Interest paid, net of amounts capitalized	`InterestPaidNet`	$1.05B	USD	Annual
Capital investments accrued but not yet paid	`CapitalExpendituresIncurredButNotYetPaid`	$307.00M	USD	Annual
Capital investments accrued but not yet paid	`CapitalExpendituresIncurredButNotYetPaid`	$469.00M	USD	Annual
Capital investments accrued but not yet paid	`CapitalExpendituresIncurredButNotYetPaid`	$238.00M	USD	Annual
Income taxes paid, net of refunds	`IncomeTaxesPaidNet`	$1.39B	USD	Annual
Income taxes paid, net of refunds	`IncomeTaxesPaidNet`	$1.36B	USD	Annual
Income taxes paid, net of refunds	`IncomeTaxesPaidNet`	$1.75B	USD	Annual
Non-cash asset financing	`CapitalLeaseObligationsIncurred`	$176.00M	USD	Annual
Non-cash asset financing	`CapitalLeaseObligationsIncurred`	$16.00M	USD	Annual
Non-cash asset financing	`CapitalLeaseObligationsIncurred`	-	USD	Annual

Stockholders Equity 14 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$49.26B	USD	Point-in-time
Balance	`StockholdersEquity`	$44.00B	USD	Point-in-time
Balance	`StockholdersEquity`	$46.45B	USD	Point-in-time
Balance	`StockholdersEquity`	$47.24B	USD	Point-in-time
Cash distributions	`CashDistributionsDividendsPaid`	$3.10B	USD	Annual
Cash distributions	`CashDistributionsDividendsPaid`	$5.00B	USD	Annual
Cash distributions	`CashDistributionsDividendsPaid`	$3.80B	USD	Annual
Comprehensive income (loss), net of tax	`ComprehensiveIncomeNetOfTax`	$6.25B	USD	Annual
Comprehensive income (loss), net of tax	`ComprehensiveIncomeNetOfTax`	$5.79B	USD	Annual
Comprehensive income (loss), net of tax	`ComprehensiveIncomeNetOfTax`	$5.13B	USD	Annual
Balance	`StockholdersEquity`	$49.26B	USD	Point-in-time
Balance	`StockholdersEquity`	$44.00B	USD	Point-in-time
Balance	`StockholdersEquity`	$46.45B	USD	Point-in-time
Balance	`StockholdersEquity`	$47.24B	USD	Point-in-time

Comprehensive Income 15 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$5.09B	USD	Annual
Net income	`NetIncomeLoss`	$5.99B	USD	Annual
Net income	`NetIncomeLoss`	$5.95B	USD	Annual
Change in pension and retiree health and welfare benefits, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-41.00M	USD	Annual
Change in pension and retiree health and welfare benefits, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$171.00M	USD	Annual
Change in pension and retiree health and welfare benefits, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-255.00M	USD	Annual
Change in accumulated other comprehensive income (loss) of equity method investees	`ChangeInOtherComprehensiveIncomeOfEquityMethodInvestees`	-	USD	Annual
Change in accumulated other comprehensive income (loss) of equity method investees	`ChangeInOtherComprehensiveIncomeOfEquityMethodInvestees`	$12.00M	USD	Annual
Change in accumulated other comprehensive income (loss) of equity method investees	`ChangeInOtherComprehensiveIncomeOfEquityMethodInvestees`	$-1.00M	USD	Annual
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$255.00M	USD	Annual
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$40.00M	USD	Annual
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-159.00M	USD	Annual
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$6.25B	USD	Annual
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$5.79B	USD	Annual
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$5.13B	USD	Annual

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.