Norfolk Southern Corporation (NSC) - Total Liabilities
Based on the latest financial reports, Norfolk Southern Corporation (NSC) has total liabilities worth $29.69 Billion USD as of December 2025. Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities. Explore Norfolk Southern Corporation long-term investment intensity to see how much of total assets are deployed in long-term investments.
Norfolk Southern Corporation - Total Liabilities Trend (1985–2025)
This chart illustrates how Norfolk Southern Corporation's total liabilities have evolved over time, based on quarterly financial data. For the complete balance sheet picture, see balance sheet size of Norfolk Southern Corporation.
Norfolk Southern Corporation Competitors by Total Liabilities
The table below lists competitors of Norfolk Southern Corporation ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Northrop Grumman Corporation
NYSE:NOC
|
USA | $32.89 Billion |
|
Caixabank SA
MC:CABK
|
Spain | €632.98 Billion |
|
Illinois Tool Works Inc
NYSE:ITW
|
USA | $13.60 Billion |
|
Schlumberger NV
NYSE:SLB
|
USA | $28.28 Billion |
|
Infineon Technologies AG
F:IFXA
|
Germany | €13.64 Billion |
|
Eni SpA ADR
NYSE:E
|
USA | $90.08 Billion |
|
Manulife Financial Corp
TO:MFC
|
Canada | CA$972.95 Billion |
|
Natwest Group PLC
NYSE:NWG
|
USA | $701.54 Billion |
Liability Composition Analysis (1985–2025)
This chart breaks down Norfolk Southern Corporation's total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted. See Norfolk Southern Corporation net asset quality index to measure how much of total assets are equity-financed.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 0.85 | Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities) |
| Quick Ratio | N/A | More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities) |
| Cash Ratio | N/A | Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities) |
| Debt to Equity | 1.91 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.66 | Portion of assets financed with debt (Total Liabilities ÷ Total Assets) |
Liability Trends Comparison
This chart compares key liability metrics across different time periods, showing how Norfolk Southern Corporation's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Norfolk Southern Corporation (1985–2025)
The table below shows the annual total liabilities of Norfolk Southern Corporation from 1985 to 2025.
| Year | Total Liabilities | Change |
|---|---|---|
| 2025-12-31 | $29.69 Billion | +1.07% |
| 2024-12-31 | $29.38 Billion | +1.75% |
| 2023-12-31 | $28.87 Billion | +10.40% |
| 2022-12-31 | $26.15 Billion | +5.23% |
| 2021-12-31 | $24.85 Billion | +7.25% |
| 2020-12-31 | $23.17 Billion | +1.90% |
| 2019-12-31 | $22.74 Billion | +8.92% |
| 2018-12-31 | $20.88 Billion | +7.88% |
| 2017-12-31 | $19.35 Billion | -13.93% |
| 2016-12-31 | $22.48 Billion | +1.86% |
| 2015-12-31 | $22.07 Billion | +5.95% |
| 2014-12-31 | $20.83 Billion | -1.70% |
| 2013-12-31 | $21.19 Billion | +2.97% |
| 2012-12-31 | $20.58 Billion | +10.50% |
| 2011-12-31 | $18.63 Billion | +6.26% |
| 2010-12-31 | $17.53 Billion | +3.02% |
| 2009-12-31 | $17.02 Billion | +1.89% |
| 2008-12-31 | $16.70 Billion | +1.72% |
| 2007-12-31 | $16.42 Billion | +0.02% |
| 2006-12-31 | $16.41 Billion | -0.96% |
| 2005-12-31 | $16.57 Billion | -1.12% |
| 2004-12-31 | $16.76 Billion | +23.14% |
| 2003-12-31 | $13.61 Billion | +1.49% |
| 2002-12-31 | $13.41 Billion | +0.96% |
| 2001-12-31 | $13.28 Billion | +1.38% |
| 2000-12-31 | $13.10 Billion | -1.25% |
| 1999-12-31 | $13.27 Billion | +8.67% |
| 1998-12-31 | $12.21 Billion | +2.99% |
| 1997-12-31 | $11.86 Billion | +85.56% |
| 1996-12-31 | $6.39 Billion | +6.07% |
| 1995-12-31 | $6.02 Billion | +2.98% |
| 1994-12-31 | $5.85 Billion | +0.08% |
| 1993-12-31 | $5.84 Billion | -4.40% |
| 1992-12-31 | $6.11 Billion | +1.92% |
| 1991-12-31 | $6.00 Billion | +8.20% |
| 1990-12-31 | $5.54 Billion | +10.72% |
| 1989-12-31 | $5.01 Billion | +2.04% |
| 1988-12-31 | $4.91 Billion | +1.85% |
| 1987-12-31 | $4.82 Billion | +2.90% |
| 1986-12-31 | $4.68 Billion | -6.50% |
| 1985-12-31 | $5.01 Billion | -- |
About Norfolk Southern Corporation
Norfolk Southern Corporation, together with its subsidiaries, engages in the rail transportation of raw materials, intermediate products, and finished goods in the United States. The company transports agriculture, forest, and consumer products comprising soybeans, wheat, corn, fertilizers, livestock and poultry feed, food products, food oils, flour, sweeteners, ethanol, lumber and wood products,… Read more