Csx Corporation · NASDAQ:CSX

Csx — Baird 2018 Global Industrial Conference

8 slides from Csx's conference presentation, Nov 8, 2018

  1. Slide 1: 2018 Baird Global Industrial Conference

    2018 BAIRD GLOBAL INDUSTRIAL CONFERENCE JAMES M. FOOTE, PRESIDENT & CEO

  2. Slide 2: Forward Looking Disclosure

    FORWARD LOOKING DISCLOSURE This information and other statements by the company may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act with respect to, among other items: projections and estimates of earnings, revenues, margins, volumes, rates, cost

  3. Slide 3: Non-GAAP Measures Disclosure

    NON-GAAP MEASURES DISCLOSURE CSX reports its financial results in accordance with accounting principles generally accepted in the United States of America (U.S. GAAP). CSX also uses certain non-GAAP measures that fall within the meaning of Securities and Exchange Commission Regulation G and Regulati

  4. Slide 4: CSX: A Far-Reaching and Diverse Revenue Base

    CSX: A FAR-REACHING AND DIVERSE REVENUE BASE CSX network reaches nearly two-thirds of the U.S. Population LTM Revenue by Market: ~$11 Billion* 20% 11% Detroit Automotive Chicago NY/NJ Chemicals 7% Pittsburgh Indianapolis Philadelphia Cincinnati Baltimore East St. VA Ports Louis Louisville Agricultur

  5. Slide 5: Putting CSX on a New Trajectory

    PUTTING CSX ON A NEW TRAJECTORY Train Velocity  Focusing top to bottom on service and efficiency (miles per hour) 17.9 ― Scheduled railroad business model 16.2 17.3 17.4 14.0 ― Reduced active locomotive fleet by 12% in 3Q18, while volumes grew by 4% year-over-year 28% Velocity Improvement ― Operati

  6. Slide 6: Step Change Increase in Free Cash Flow Conversion

    STEP CHANGE INCREASE IN FREE CASH FLOW CONVERSION FCF Conversion % of Net Income  Significant increase in asset efficiency Adjusted* ― Maintaining CapEx in track infrastructure 98% investments 81% ― Right-sizing active locomotive and car fleet ― Continuing to optimize yard footprint ― Only investin

  7. Slide 7: Appendix

    APPENDIX

  8. Slide 8: Non-GAAP Adjusted Results Reconciliation

    NON-GAAP ADJUSTED RESULTS RECONCILIATION Adjusted Free Cash Flow Adjusted Operating Results Nine Months Fiscal Year Ended Fiscal Year Dollars in millions 2017 Sept. 30, 2018 Dollars in millions 2017 Net Cash Provided by Operating Activities $ 3,472 $ 3,406 Net Earnings $ 5,471 Property Additions (2,

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