The 6 US Railroad Companies Get a Total $25 Bil Increase in Their Regular US GAAP 4Q Net Income Under the Trump Tax Bill ...................................................................................... That's Their Portion of the More Than $1 Trillion of Total Debt Forgiveness Granted to US Corps Under the Trump Tax Care

From a review of income tax footnotes in SEC filings, below here are the 6 US Railroad Companies Net Deferred Income Tax Assets (Liabilities) and the Deferred Income Tax Assets Re Their Pension/Other Postretirement Benefits embedded in the Net Deferred Income Tax Assets (Liabilities), both at Dec 31, 2016.

Also below is the estimated 4Q journal entry using the December 31, 2016 amounts and also assuming that 80% of the Deferred Income Tax Asset Re Their Pension/Other Postretirement Benefits Total is related to Other Comprehensive Income.  This computation also assumes that the Trump Tax Bill does not include a one year delay, which makes little sense and dramatically increases the time necessary for US Companies to make this very involved computation, which must be audited by their external CPA firms.

		Deferred
	Net	Income
	Deferred	Tax
	Income	Assets
	Tax	Related To
	Assets	Pensions &
	(Liabilities)	Other Post
	Mostly	Retirement
US Railroads	12-31-16	Benefits
	bils $s	bils $s
Burlington Northern Santa Fe*	(19.866)	0.089
Union Pacific	(15.996)	0.222
CSX	(9.596)	0.397
Norfolk Southern	(9.140)	0.464
Kansas City Southern	(1.289)
Genesee & Wyoming	(1.160)	0.019
Total all 6	(57.047)	1.191
Estimated DTA at 80% (in AOCI)		0.953
4Q Journal Entry Roughout For All 6 Companies
Deferred Tax Liability(43%X57.047)	24,530
OCI-Income Tax Expense (43%X.953)	0.410
…..Income Tax Expense in Regular Net Income		24,940
……….(43% X(57.047+.953))
* Wholly Owned By Berkshire Hathaway