COVID Stimulus Watch Individual Entry

Recipient Company:

CSX Corp

Loan or Loan Guarantee Amount:

$3,321,703

Recipient Details

Ownership Structure: publicly traded (ticker symbol CSX)

Award Date: Dec 15, 2020

Award Type: loan

Award Details: Amount represents the purchase price of company bonds bought by the Fed.

Program Name: Secondary Market Corporate Credit Facility

Legislation: CARES

Awarding Agency: Federal Reserve

Data Source for Award:

Parent Company: CSX

Headquartered in: Florida

Parent Sector: railroads

Parent Industry: railroads

Employees (prior to pandemic): 21,000

Employment-related Penalties: $6,400,939

Good Jobs First has no data in this category

Environmental / Healthcare / Safety Penalties: $11,177,751

Ratio of CEO Pay to that of Median Worker: 144 to 1

CEO Compensation: $15,527,533

Worker Median Pay: $107,632

Total Federal, State, and Local Subsidies: $21,146,212

Federal Corporate Income Tax Rate: 13.8%