Corp | |||||||||
Quarter | |||||||||
End | |||||||||
When | TTCA | TTCA | |||||||
Trump | US GAAP | US GAAP | US | Decline | |||||
Tax | Net | Net | Federal | in Value of | |||||
US Railroad Corps | Cuts | Income | Income | Income | Deferred | ||||
SEC SIC 4011 | Act | (Loss) | (Loss) | Tax | Income | ||||
Stock Market Cap At Least $1 Bil | State | TTCA | Dec 17 | Dec 16 | Better | Debt | Tax | ||
or Book Value of Stk Equity Above $5 Bil | City Hqs | HQs | Signed | Quarter | Quarter | (Worse) | Forgiveness | Assets | |
mils $ | mils $ | mils $ | mils $ | mils $ | |||||
BNSF Railway Co | Fort Worth | TX | Dec 17 | 8,710 | 1,175 | 7,535 | 7,400 | ||
Union Pacific | Omaha | NE | Dec 17 | 7,278 | 1,144 | 6,134 | 5,935 | ||
CSX Corp | Jacksonville | FL | Dec 17 | 4,140 | 458 | 3,682 | 3,642 | ||
Northern Southern | Norfolk | VA | Dec 17 | 3,968 | 416 | 3,552 | 3,482 | ||
Kansas City Southern | Kansas City | MO | Dec 17 | 552 | 130 | 422 | 488 | ||
Genesee & Wyoming | Darien | CT | Dec 17 | 428 | 9 | 419 | 394 | ||
Total all 6 | 25,076 | 3,332 | 21,744 | 21,341 | - |
Monday, March 26, 2018
6 Largest US Railroad Corps Filing With the SEC (SIC 4011) Posted 4Q 2017 Total Earnings of $25.076 Bil, Up 653% From Their 4Q 2016 Total Earnings of $3.332 Bil ........................................................................................ $21.341 Bil or 85% of Their 4Q 2017 Total Earnings of $25.076 Bil Was Courtesy of the Very Lucrative US Federal Income Tax Debt Forgiveness Feature Embedded in the Trump Tax Cuts Act ........................................................................................ Two Canadian Railroad Companies (Canadian National Railway and Canadian Pacific Railway) Were Also Awarded C$2.305 Bil Courtesy of the Very Lucrative US Federal Income Tax Debt Forgiveness Feature Embedded in the US Trump Tax Cuts Act
From SEC filings, the chart below shows financial information related to the 5 publicly-held US Railroad Corps Corps with stock market caps of at least $1 Bil each and also the 1 non-publicly-held Corp with a Book Value of Total Stockholders' Equity above $5 Bil.