Burlington Northern Santa Fe LLC (BNI) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
2650 LOU MENK DR FT WORTH, TX 76131-2830 |
| State of Incorp. | |
| Fiscal Year End | December 31 |
| Industry (SIC) | 4011 - Railroads, Line-Haul Operating (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 6/30/2024 MRQ | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 2,148,000 | 1,938,000 | 1,758,000 | 1,986,000 | 1,984,000 | 2,021,000 | |||
| Cash and cash equivalents | 2,148,000 | 1,938,000 | 1,758,000 | 1,986,000 | 1,984,000 | 1,985,000 | |||
| Short-term investments | 36,000 | ||||||||
| Receivables | 1,504,000 | 1,404,000 | 1,316,000 | 1,243,000 | 1,401,000 | 1,499,000 | |||
| Other current assets | 116,000 | 137,000 | 114,000 | 91,000 | 113,000 | 257,000 | |||
| Other undisclosed current assets | 1,009,000 | 952,000 | 864,000 | 803,000 | 789,000 | 757,000 | |||
| Total current assets: | 4,777,000 | 4,431,000 | 4,052,000 | 4,123,000 | 4,287,000 | 4,534,000 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 1,082,000 | 1,233,000 | 1,592,000 | 1,928,000 | 2,285,000 | ✕ | |||
| Property, plant and equipment | 70,199,000 | 67,225,000 | 65,714,000 | 65,088,000 | 64,533,000 | 63,185,000 | |||
| Intangible assets, net (including goodwill) | 15,350,000 | 14,852,000 | 14,852,000 | 14,851,000 | 14,851,000 | 15,224,000 | |||
| Goodwill | 15,350,000 | 14,852,000 | 14,852,000 | 14,851,000 | 14,851,000 | 14,851,000 | |||
| Intangible assets, net (excluding goodwill) | 373,000 | ||||||||
| Other noncurrent assets | 3,169,000 | 4,870,000 | 5,227,000 | 2,670,000 | 2,618,000 | 2,150,000 | |||
| Total noncurrent assets: | 89,800,000 | 88,180,000 | 87,385,000 | 84,537,000 | 84,287,000 | 80,559,000 | |||
| TOTAL ASSETS: | 94,577,000 | 92,611,000 | 91,437,000 | 88,660,000 | 88,574,000 | 85,093,000 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 4,340,000 | 4,447,000 | 3,896,000 | 3,434,000 | 3,634,000 | 3,261,000 | |||
| Interest and dividends payable | ✕ | ✕ | ✕ | 279,000 | 277,000 | 280,000 | 270,000 | ||
| Employee-related liabilities | ✕ | ✕ | ✕ | 1,044,000 | 769,000 | 760,000 | 947,000 | ||
| Accounts payable | 603,000 | 389,000 | 314,000 | 310,000 | 413,000 | 169,000 | |||
| Accrued liabilities | 2,097,000 | 2,644,000 | 925,000 | 853,000 | 878,000 | 988,000 | |||
| Other undisclosed accounts payable and accrued liabilities | 1,640,000 | 1,414,000 | 1,334,000 | 1,225,000 | 1,303,000 | 887,000 | |||
| Debt | 1,265,000 | 1,562,000 | 932,000 | 917,000 | 571,000 | 830,000 | |||
| Total current liabilities: | 5,605,000 | 6,009,000 | 4,828,000 | 4,351,000 | 4,205,000 | 4,091,000 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation, including: | 22,217,000 | 21,890,000 | 22,287,000 | 22,303,000 | 22,640,000 | 22,396,000 | |||
| Long-term debt, excluding current maturities | 22,145,000 | 21,799,000 | 22,177,000 | 22,164,000 | 22,316,000 | ||||
| Finance lease, liability | 72,000 | 91,000 | 110,000 | 139,000 | 324,000 | ✕ | |||
| Other undisclosed long-term debt and lease obligation | (1,015,000) | (1,286,000) | (1,632,000) | 22,396,000 | |||||
| Liabilities, other than long-term debt | 17,112,000 | 17,091,000 | 16,431,000 | 16,288,000 | 1,582,000 | 15,090,000 | |||
| Deferred tax liabilities, net | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 13,795,000 | ||
| Deferred income tax liabilities | 15,222,000 | 15,110,000 | 15,156,000 | 14,626,000 | ✕ | ||||
| Liability, pension and other postretirement and postemployment benefits | 196,000 | 205,000 | 291,000 | 314,000 | 285,000 | 267,000 | |||
| Other liabilities | 1,140,000 | 1,096,000 | 984,000 | 1,348,000 | 1,297,000 | 1,028,000 | |||
| Operating lease, liability | 554,000 | 680,000 | 1,015,000 | 1,286,000 | 1,632,000 | ✕ | |||
| Other undisclosed noncurrent liabilities | 380,000 | 385,000 | 1,442,000 | 1,714,000 | 16,427,000 | 867,000 | |||
| Total noncurrent liabilities: | 39,709,000 | 39,366,000 | 40,160,000 | 40,305,000 | 40,649,000 | 38,353,000 | |||
| Total liabilities: | 45,314,000 | 45,375,000 | 44,988,000 | 44,656,000 | 44,854,000 | 42,444,000 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 49,263,000 | 47,236,000 | 46,449,000 | 44,004,000 | 43,720,000 | 42,649,000 | |||
| Accumulated other comprehensive income | 234,000 | 194,000 | 353,000 | 98,000 | 145,000 | 130,000 | |||
| Other undisclosed equity, attributable to parent | 49,029,000 | 47,042,000 | 46,096,000 | 43,906,000 | 43,575,000 | 42,519,000 | |||
| Other undisclosed equity | (49,029,000) | (47,042,000) | (46,096,000) | (43,906,000) | (43,575,000) | ||||
| Total equity: | 234,000 | 194,000 | 353,000 | 98,000 | 145,000 | 42,649,000 | |||
| Other undisclosed liabilities and equity | 49,029,000 | 47,042,000 | 46,096,000 | 43,906,000 | 43,575,000 | ||||
| TOTAL LIABILITIES AND EQUITY: | 94,577,000 | 92,611,000 | 91,437,000 | 88,660,000 | 88,574,000 | 85,093,000 | |||
Income Statement (P&L) ($ in thousands)
| 6/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 107,000 | 25,888,000 | 23,282,000 | 20,869,000 | 23,515,000 | 23,855,000 | ||
| Cost of revenue (Cost of Goods and Services Sold) | (3,684,000) | (4,581,000) | (2,766,000) | (1,789,000) | (2,944,000) | (3,346,000) | ||
| Gross profit: | (3,577,000) | 21,307,000 | 20,516,000 | 19,080,000 | 20,571,000 | 20,509,000 | ||
| Operating expenses | (16,477,000) | (17,288,000) | (14,484,000) | (13,129,000) | (15,444,000) | (16,055,000) | ||
| Other undisclosed operating income | 27,453,000 | 4,581,000 | 2,766,000 | 1,789,000 | 2,944,000 | 3,346,000 | ||
| Operating income: | 7,399,000 | 8,600,000 | 8,798,000 | 7,740,000 | 8,071,000 | 7,800,000 | ||
| Nonoperating income (Other Nonoperating income) | 263,000 | 133,000 | 95,000 | 89,000 | 249,000 | 104,000 | ||
| Interest and debt expense | (1,048,000) | (1,025,000) | (1,032,000) | (1,037,000) | (1,070,000) | (1,041,000) | ||
| Income from continuing operations before income taxes: | 6,614,000 | 7,708,000 | 7,861,000 | 6,792,000 | 7,250,000 | 6,863,000 | ||
| Income tax expense | (1,527,000) | (1,762,000) | (1,871,000) | (1,631,000) | (1,769,000) | (1,644,000) | ||
| Income from continuing operations: | 5,087,000 | 5,946,000 | 5,990,000 | 5,161,000 | 5,481,000 | 5,219,000 | ||
| Income before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | 5,990,000 | 5,161,000 | 5,481,000 | 5,219,000 | |
| Net income available to common stockholders, diluted: | 5,087,000 | 5,946,000 | 5,990,000 | 5,161,000 | 5,481,000 | 5,219,000 | ||
Comprehensive Income ($ in thousands)
| 6/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 5,087,000 | 5,946,000 | 5,990,000 | 5,161,000 | 5,481,000 | 5,219,000 | ||
| Other comprehensive income (loss) | 40,000 | (159,000) | 255,000 | (47,000) | 15,000 | (126,000) | ||
| Comprehensive income, net of tax, attributable to parent: | 5,127,000 | 5,787,000 | 6,245,000 | 5,114,000 | 5,496,000 | 5,093,000 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.