Balance Sheet - CANADIAN NATIONAL RAILWAY CO (CNI)
$ (Billion, Million)| Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 | Dec-16 | Dec-15 | Dec-14 | Dec-13 | Dec-12 | Dec-11 | Dec-10 | Dec-09 | Dec-08 | Dec-07 | Dec-06 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total cash and short-term investments | 0.36 | 0.39 | 0.48 | 0.33 | 0.84 | 0.57 | 0.06 | 0.27 | 0.07 | 0.18 | 0.15 | 0.45 | 0.64 | 0.68 | 0.59 | 0.49 | 0.35 | 0.41 | 0.31 | 0.18 |
| Accounts receivable, net | 1.12 | 1.31 | 1.30 | 1.42 | 1.07 | 1.14 | 1.43 | 1.17 | 0.98 | 0.88 | 0.88 | 0.93 | 0.82 | 0.83 | 0.94 | 0.78 | 0.80 | 0.91 | 0.37 | 0.69 |
| Inventories | 0.73 | 0.72 | 0.70 | 0.69 | 0.59 | 0.58 | 0.61 | 0.56 | 0.42 | 0.36 | 0.36 | 0.34 | 0.27 | 0.23 | 0.20 | 0.21 | 0.17 | 0.20 | 0.16 | 0.19 |
| Other current assets | 0.26 | 0.20 | 0.62 | 0.78 | 0.93 | 0.81 | 0.72 | 0.74 | 0.71 | 0.69 | 0.77 | 0.68 | 0.67 | 0.65 | 0.60 | 0.12 | 0.17 | 0.23 | 0.21 | 0.28 |
| Total current assets | 2.47 | 2.62 | 3.09 | 3.22 | 3.43 | 3.10 | 2.83 | 2.73 | 2.19 | 2.11 | 2.15 | 1.99 | 1.98 | 1.87 | 1.85 | 1.59 | 1.49 | 1.76 | 1.05 | 1.34 |
| Total non-current assets | 56.04 | 54.45 | 49.58 | 47.45 | 45.11 | 41.70 | 40.95 | 38.49 | 35.44 | 34.95 | 34.25 | 29.69 | 28.19 | 24.79 | 24.18 | 23.62 | 23.69 | 24.96 | 22.41 | 22.67 |
| Total assets | 58.51 | 57.07 | 52.67 | 50.66 | 48.54 | 44.80 | 43.78 | 41.21 | 37.63 | 37.06 | 36.40 | 31.69 | 30.16 | 26.66 | 26.03 | 25.21 | 25.18 | 26.72 | 23.46 | 24.00 |
| Total current liabilities | 3.69 | 3.98 | 5.04 | 3.84 | 3.12 | 3.27 | 4.29 | 3.50 | 3.98 | 3.01 | 3.00 | 2.20 | 2.50 | 2.20 | 1.72 | 1.91 | 1.24 | 1.89 | 1.59 | 2.11 |
| Total non-current liabilities | 33.26 | 32.04 | 27.51 | 25.44 | 22.67 | 21.88 | 21.46 | 20.07 | 16.99 | 19.21 | 18.45 | 16.12 | 14.71 | 13.44 | 13.63 | 12.02 | 12.71 | 14.27 | 11.69 | 12.07 |
| Total liabilities | 36.96 | 36.02 | 32.55 | 29.28 | 25.79 | 25.15 | 25.74 | 23.57 | 20.97 | 22.22 | 21.45 | 18.22 | 17.21 | 15.64 | 15.35 | 13.92 | 13.94 | 16.16 | 13.28 | 14.18 |
| Total stockholders' equity | 21.55 | 21.05 | 20.12 | 21.38 | 22.74 | 19.65 | 18.04 | 17.64 | 16.66 | 14.84 | 14.95 | 13.47 | 12.95 | 11.02 | 10.68 | 11.28 | 11.23 | 10.56 | 10.18 | 9.82 |
| Common shares outstanding | 624 | 635 | 659 | 688 | 710 | 713 | 719 | 738 | 757 | 779 | 805 | 824 | 846 | 432 | 447 | 465 | 947 | 714 | 509 | 1,068 |
Show Quarterly Balance Sheet
Balance Sheet - CANADIAN NATIONAL RAILWAY CO (CNI)
$ (Billion, Million)| Mar-26 | Dec-25 | Sep-25 | Jun-25 | Mar-25 | Dec-24 | Sep-24 | Jun-24 | Mar-24 | Dec-23 | Sep-23 | Jun-23 | Mar-23 | Dec-22 | Sep-22 | Jun-22 | Mar-22 | Dec-21 | Sep-21 | Jun-21 | Mar-21 | Dec-20 | Sep-20 | Jun-20 | Mar-20 | Dec-19 | Sep-19 | Jun-19 | Mar-19 | Dec-18 | Sep-18 | Jun-18 | Mar-18 | Dec-17 | Sep-17 | Jun-17 | Mar-17 | Dec-16 | Sep-16 | Jun-16 | Mar-16 | Dec-15 | Sep-15 | Jun-15 | Mar-15 | Dec-14 | Sep-14 | Jun-14 | Mar-14 | Dec-13 | Sep-13 | Jun-13 | Mar-13 | Dec-12 | Sep-12 | Jun-12 | Mar-12 | Dec-11 | Sep-11 | Jun-11 | Mar-11 | Dec-10 | Sep-10 | Jun-10 | Mar-10 | Dec-09 | Sep-09 | Jun-09 | Mar-09 | Dec-08 | Sep-08 | Jun-08 | Mar-08 | Dec-07 | Sep-07 | Jun-07 | Mar-07 | Dec-06 | Sep-06 | Jun-06 | Mar-06 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total cash and short-term investments | 0.59 | 0.36 | 0.23 | 0.22 | 0.23 | 0.39 | 0.27 | -0.11 | 0.41 | 0.48 | 0.49 | 0.54 | 0.48 | 0.33 | 0.40 | 0.49 | 0.49 | 0.84 | 2.12 | 0.57 | 0.52 | 0.57 | 0.29 | 0.38 | 0.49 | 0.06 | 0.26 | 0.13 | 0.34 | 0.27 | 0.32 | 0.39 | 0.62 | 0.46 | 0.49 | 0.49 | 0.61 | 0.55 | 0.60 | 0.55 | 0.59 | 0.53 | 0.93 | 0.46 | 0.55 | 0.45 | 0.59 | 0.57 | 0.62 | 0.64 | 0.70 | 0.56 | 0.63 | 0.68 | 0.70 | 0.81 | 0.69 | 0.59 | 0.66 | 1.08 | 0.59 | 0.49 | 0.55 | 0.90 | 0.75 | 0.35 | 0.23 | 0.43 | 0.35 | 0.41 | 0.29 | 0.16 | 0.33 | 0.31 | 0.21 | 0.24 | 0.11 | 0.18 | 0.06 | 0.21 | 0.17 |
| Accounts receivable, net | 1.26 | 1.12 | 1.25 | 1.13 | 1.26 | 1.31 | 1.24 | 1.22 | 1.31 | 1.30 | 1.28 | 1.22 | 1.39 | 1.42 | 1.53 | 1.36 | 1.32 | 1.07 | 0.96 | 1.22 | 1.18 | 1.14 | 1.15 | 1.06 | 1.27 | 1.43 | 1.24 | 1.28 | 1.25 | 1.17 | 1.13 | 1.08 | 1.04 | 0.98 | 0.97 | 0.90 | 0.90 | 0.88 | 0.86 | 0.80 | 0.86 | 0.88 | 0.94 | 0.91 | 0.92 | 0.93 | 0.94 | 0.93 | 0.90 | 0.82 | 0.87 | 0.88 | 0.90 | 0.83 | 0.85 | 0.83 | 0.77 | 0.94 | 0.80 | 0.77 | 0.77 | 0.78 | 0.81 | 0.79 | 0.78 | 0.80 | 0.85 | 0.87 | 0.94 | 0.91 | 0.66 | 0.84 | 0.62 | 0.37 | 0.64 | 0.43 | 0.51 | 0.69 | 1.03 | 0.95 | 0.55 |
| Inventories | 0.83 | 0.73 | 0.78 | 0.82 | 0.81 | 0.72 | 0.73 | 0.79 | 0.78 | 0.70 | 0.76 | 0.76 | 0.76 | 0.69 | 0.71 | 0.73 | 0.66 | 0.59 | 0.49 | 0.64 | 0.63 | 0.58 | 0.62 | 0.65 | 0.68 | 0.61 | 0.61 | 0.65 | 0.66 | 0.56 | 0.56 | 0.56 | 0.52 | 0.42 | 0.42 | 0.45 | 0.41 | 0.36 | 0.41 | 0.45 | 0.43 | 0.36 | 0.43 | 0.46 | 0.43 | 0.34 | 0.37 | 0.36 | 0.33 | 0.27 | 0.32 | 0.33 | 0.29 | 0.23 | 0.27 | 0.28 | 0.26 | 0.20 | 0.27 | 0.23 | 0.23 | 0.21 | 0.27 | 0.26 | 0.24 | 0.17 | 0.24 | 0.26 | 0.27 | 0.20 | 0.21 | 0.22 | 0.21 | 0.16 | 0.21 | 0.20 | 0.21 | 0.19 | 0.20 | 0.23 | 0.22 |
| Other current assets | 0.38 | 0.26 | 0.26 | 0.70 | 0.38 | 0.20 | 0.80 | 0.78 | 0.77 | 0.62 | 0.84 | 0.75 | 0.78 | 0.78 | 0.75 | 0.80 | 0.77 | 0.93 | 0.32 | 1.06 | 1.05 | 0.81 | 1.11 | 1.16 | 1.18 | 0.72 | 0.95 | 0.81 | 0.78 | 0.74 | 0.75 | 0.81 | 0.88 | 0.71 | 0.62 | 0.67 | 0.73 | 0.69 | 0.69 | 0.71 | 0.76 | 0.77 | 0.77 | 0.70 | 0.76 | 0.75 | 0.62 | 0.64 | 0.75 | 0.67 | 0.67 | 0.61 | 0.68 | 0.65 | 0.63 | 0.60 | 0.68 | 0.60 | 0.60 | 0.12 | 0.12 | 0.12 | 0.18 | 0.16 | 0.18 | 0.17 | 0.13 | 0.21 | 0.22 | 0.23 | 0.20 | 0.16 | 0.18 | 0.21 | 0.39 | 0.23 | 0.27 | 0.28 | 0.19 | 0.19 | 0.25 |
| Total current assets | 3.06 | 2.47 | 2.51 | 2.87 | 2.68 | 2.62 | 3.04 | 3.13 | 3.28 | 3.09 | 3.37 | 3.27 | 3.42 | 3.22 | 3.39 | 3.35 | 3.24 | 3.43 | 3.89 | 3.49 | 3.37 | 3.10 | 3.16 | 3.24 | 3.62 | 2.83 | 3.06 | 2.86 | 3.03 | 2.73 | 2.76 | 2.84 | 2.68 | 2.19 | 2.12 | 2.16 | 2.31 | 2.11 | 2.17 | 2.12 | 2.24 | 2.15 | 2.67 | 2.16 | 2.29 | 1.99 | 2.11 | 2.04 | 2.18 | 1.98 | 2.04 | 1.91 | 2.00 | 1.87 | 1.93 | 2.06 | 1.89 | 1.85 | 1.87 | 1.71 | 1.71 | 1.59 | 1.81 | 2.11 | 1.95 | 1.49 | 1.45 | 1.76 | 1.78 | 1.76 | 1.36 | 1.38 | 1.34 | 1.05 | 1.45 | 1.10 | 1.09 | 1.34 | 1.48 | 1.58 | 1.20 |
| Total non-current assets | 56.56 | 56.04 | 55.14 | 53.91 | 54.73 | 54.45 | 51.44 | 50.86 | 50.24 | 49.58 | 48.72 | 47.61 | 47.49 | 47.45 | 47.82 | 45.93 | 45.00 | 45.11 | 33.75 | 42.77 | 41.59 | 41.70 | 42.00 | 41.96 | 42.82 | 40.95 | 41.04 | 40.14 | 39.58 | 38.49 | 37.45 | 36.96 | 36.08 | 35.44 | 34.98 | 35.09 | 35.02 | 34.95 | 34.90 | 33.97 | 33.56 | 34.25 | 33.15 | 31.45 | 31.20 | 29.69 | 29.57 | 28.59 | 28.72 | 28.19 | 25.76 | 25.64 | 24.99 | 24.79 | 24.35 | 24.41 | 23.98 | 24.18 | 24.70 | 23.50 | 23.50 | 23.62 | 24.22 | 24.02 | 23.44 | 23.69 | 24.30 | 24.97 | 25.73 | 24.96 | 23.61 | 22.98 | 22.76 | 22.41 | 21.46 | 22.09 | 22.64 | 22.67 | 21.15 | 20.83 | 21.10 |
| Total assets | 59.62 | 58.51 | 57.65 | 56.78 | 57.40 | 57.07 | 54.48 | 53.99 | 53.52 | 52.67 | 52.09 | 50.88 | 50.90 | 50.66 | 51.21 | 49.29 | 48.24 | 48.54 | 37.65 | 46.26 | 44.96 | 44.80 | 45.16 | 45.20 | 46.44 | 43.78 | 44.10 | 43.00 | 42.61 | 41.21 | 40.21 | 39.81 | 38.76 | 37.63 | 37.10 | 37.25 | 37.33 | 37.06 | 37.07 | 36.09 | 35.80 | 36.40 | 35.82 | 33.61 | 33.50 | 31.79 | 31.67 | 30.63 | 30.89 | 30.16 | 27.80 | 27.55 | 26.99 | 26.66 | 26.28 | 26.47 | 25.87 | 26.03 | 26.57 | 25.21 | 25.21 | 25.21 | 26.03 | 26.13 | 25.38 | 25.18 | 25.75 | 26.74 | 27.51 | 26.72 | 24.96 | 24.35 | 24.10 | 23.46 | 22.90 | 23.19 | 23.73 | 24.00 | 22.63 | 22.41 | 22.30 |
| Total current liabilities | 4.57 | 3.69 | 4.17 | 3.51 | 4.31 | 3.98 | 4.72 | 4.93 | 5.47 | 5.04 | 4.66 | 3.50 | 4.61 | 3.84 | 3.36 | 4.76 | 3.85 | 3.12 | 2.80 | 3.75 | 2.84 | 3.27 | 3.00 | 3.36 | 4.74 | 4.29 | 4.31 | 4.13 | 4.02 | 3.50 | 3.82 | 4.43 | 4.36 | 3.98 | 3.48 | 3.55 | 3.21 | 3.01 | 2.29 | 2.73 | 2.56 | 3.00 | 3.06 | 3.10 | 2.82 | 2.20 | 2.20 | 2.22 | 2.46 | 2.50 | 2.99 | 2.79 | 2.80 | 2.20 | 2.31 | 2.39 | 2.24 | 1.72 | 2.09 | 1.82 | 1.82 | 1.91 | 1.30 | 1.55 | 1.34 | 1.24 | 1.25 | 1.78 | 1.81 | 1.89 | 1.78 | 1.37 | 1.60 | 1.59 | 1.55 | 1.86 | 1.75 | 2.11 | 1.89 | 1.71 | 1.90 |
| Total non-current liabilities | 33.54 | 33.26 | 32.21 | 31.73 | 31.47 | 32.04 | 30.30 | 29.65 | 28.20 | 27.51 | 27.46 | 26.98 | 25.43 | 25.44 | 25.85 | 22.79 | 22.54 | 22.67 | 17.77 | 22.17 | 22.24 | 21.88 | 22.85 | 23.07 | 22.86 | 21.46 | 21.29 | 20.89 | 21.07 | 20.07 | 18.78 | 18.01 | 17.81 | 16.99 | 18.54 | 18.65 | 19.24 | 19.21 | 19.66 | 18.56 | 18.47 | 18.45 | 18.29 | 16.55 | 16.93 | 16.12 | 15.72 | 15.07 | 15.34 | 14.71 | 13.24 | 13.37 | 13.08 | 13.44 | 12.66 | 12.91 | 12.64 | 13.63 | 12.82 | 11.94 | 11.94 | 12.02 | 12.87 | 12.90 | 12.53 | 12.71 | 13.10 | 13.86 | 14.80 | 14.27 | 12.89 | 12.87 | 12.46 | 11.69 | 11.69 | 11.53 | 12.17 | 12.07 | 11.50 | 11.50 | 11.20 |
| Total liabilities | 38.11 | 36.96 | 36.38 | 35.24 | 35.78 | 36.02 | 35.02 | 34.58 | 33.67 | 32.55 | 32.12 | 30.48 | 30.04 | 29.28 | 29.21 | 27.54 | 26.38 | 25.79 | 20.57 | 25.92 | 25.07 | 25.15 | 25.85 | 26.42 | 27.60 | 25.74 | 25.60 | 25.02 | 25.08 | 23.57 | 22.60 | 22.44 | 22.17 | 20.97 | 22.02 | 22.19 | 22.45 | 22.22 | 21.95 | 21.28 | 21.03 | 21.45 | 21.36 | 19.65 | 19.75 | 18.32 | 17.93 | 17.29 | 17.80 | 17.21 | 16.23 | 16.16 | 15.88 | 15.64 | 14.97 | 15.30 | 14.88 | 15.35 | 14.91 | 13.75 | 13.75 | 13.92 | 14.17 | 14.45 | 13.87 | 13.94 | 14.35 | 15.63 | 16.61 | 16.16 | 14.67 | 14.24 | 14.05 | 13.28 | 13.25 | 13.39 | 13.92 | 14.18 | 13.39 | 13.21 | 13.11 |
| Total stockholders' equity | 21.51 | 21.55 | 21.27 | 21.54 | 21.62 | 21.05 | 19.46 | 19.40 | 19.85 | 20.12 | 19.97 | 20.40 | 20.86 | 21.38 | 22.00 | 21.74 | 21.85 | 22.74 | 17.07 | 20.34 | 19.89 | 19.65 | 19.31 | 18.78 | 18.83 | 18.04 | 18.50 | 17.98 | 17.53 | 17.64 | 17.61 | 17.37 | 16.59 | 16.66 | 15.09 | 15.05 | 14.88 | 14.84 | 15.11 | 14.81 | 14.77 | 14.95 | 14.47 | 13.95 | 13.74 | 13.47 | 13.75 | 13.34 | 13.10 | 12.95 | 11.57 | 11.39 | 11.11 | 11.02 | 11.31 | 11.16 | 11.00 | 10.68 | 11.66 | 11.46 | 11.46 | 11.28 | 11.86 | 11.68 | 11.51 | 11.23 | 11.40 | 11.11 | 10.90 | 10.56 | 10.30 | 10.11 | 10.05 | 10.18 | 9.66 | 9.80 | 9.81 | 9.82 | 9.25 | 9.21 | 9.19 |
| Common shares outstanding | 612 | 616 | 622 | 628 | 628 | 630 | 631 | 636 | 642 | 648 | 656 | 663 | 670 | 677 | 684 | 692 | 700 | 705 | 710 | 711 | 713 | 713 | 713 | 712 | 714 | 717 | 721 | 725 | 728 | 731 | 736 | 739 | 744 | 750 | 755 | 760 | 765 | 770 | 776 | 782 | 789 | 796 | 802 | 808 | 814 | 817 | 821 | 825 | 831 | 837 | 421 | 425 | 428 | 432 | 436 | 440 | 444 | 447 | 451 | 457 | 462 | 465 | 468 | 473 | 475 | 953 | 474 | 946 | 472 | 945 | 714 | 482 | 489 | 509 | 530 | 539 | 518 | 1,047 | 1,060 | 1,077 | 1,096 |