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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 10-K/A
[ X ] ANNUAL REPORT PURSUANT TO SECTION 13 or 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
FOR THE FISCAL YEAR ENDED DECEMBER 31, 1997
OR
[ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
For the transition period from to
Commission file number 1-11535
BURLINGTON NORTHERN SANTA FE CORPORATION
(Exact name of registrant as specified in its charter)
Delaware 41-1804964
(State or other jurisdiction of (I.R.S. Employer Identification No.)
incorporation or organization)
2650 Lou Menk Drive
Fort Worth, Texas 76131-2830
(Address of principal executive offices) (Zip Code)
(817) 333-2000
(Registrant's telephone number, including area code)
Securities registered pursuant to Section 12(b) of the Act:
(Title of each class) (Name of each exchange on which registered)
Common Stock, $0.01 par value New York Stock Exchange
Chicago Stock Exchange
Pacific Exchange
<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
BURLINGTON NORTHERN SANTA FE CORPORATION
(Registrant)
By: /s/ THOMAS N. HUND
Thomas N. Hund
Vice President and Controller
(On behalf of the Registrant and as
principal accounting officer)
Schaumburg, Illinois
June 29, 1998
BURLINGTON NORTHERN SANTA FE CORPORATION AND SUBSIDIARIES
EXHIBIT INDEX
27.1 Financial Data Schedule (restated for the year ended
December 31, 1995).
27.2 Financial Data Schedule (restated for the quarter ended
March 31, 1996).
27.3 Financial Data Schedule (restated for the quarter ended
June 30, 1996).
27.4 Financial Data Schedule (restated for the quarter ended
September 30, 1996).
27.5 Financial Data Schedule (restated for the year ended
December 31, 1996).
27.6 Financial Data Schedule (restated for the quarter ended
March 31, 1997).
27.7 Financial Data Schedule (restated for the quarter ended
June 30, 1997).
27.8 Financial Data Schedule (restated for the quarter ended
September 30, 1997).
<TABLE> <S> <C>
<ARTICLE> 5
<LEGEND>
This schedule contains summary financial information extracted from
Burlington Northern Santa Fe Corporation's Consolidated Financial Statements
and is qualified in its entirety by reference to such financial statements.
</LEGEND>
<MULTIPLIER> 1,000,000
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1995
<PERIOD-START> JAN-01-1995
<PERIOD-END> DEC-31-1995
<CASH> 50
<SECURITIES> 0
<RECEIVABLES> 670
<ALLOWANCES> 50
<INVENTORY> 220
<CURRENT-ASSETS> 1264
<PP&E> 20334
<DEPRECIATION> 4333
<TOTAL-ASSETS> 18269
<CURRENT-LIABILITIES> 2369
<BONDS> 4153
<COMMON> 1
0
0
<OTHER-SE> 5036
<TOTAL-LIABILITY-AND-EQUITY> 18269
<SALES> 0
<TOTAL-REVENUES> 6117
<CGS> 0
<TOTAL-COSTS> 5591
<OTHER-EXPENSES> 0
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 220
<INCOME-PRETAX> 334
<INCOME-TAX> 136
<INCOME-CONTINUING> 198
<DISCONTINUED> 0
<EXTRAORDINARY> (6)
<CHANGES> (100)
<NET-INCOME> 92
<EPS-PRIMARY> .68
<EPS-DILUTED> .67
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 5
<LEGEND>
This schedule contains summary financial information extracted from
Burlington Northern Santa Fe Corporation's Consolidated Financial Statements
and is qualified in its entirety by reference to such financial statements.
</LEGEND>
<MULTIPLIER> 1,000,000
<S> <C>
<PERIOD-TYPE> 3-MOS
<FISCAL-YEAR-END> DEC-31-1996
<PERIOD-START> JAN-01-1996
<PERIOD-END> MAR-31-1996
<CASH> 34
<SECURITIES> 0
<RECEIVABLES> 752
<ALLOWANCES> 66
<INVENTORY> 250
<CURRENT-ASSETS> 1341
<PP&E> 20570
<DEPRECIATION> 4365
<TOTAL-ASSETS> 18518
<CURRENT-LIABILITIES> 2339
<BONDS> 4087
<COMMON> 2
0
0
<OTHER-SE> 5266
<TOTAL-LIABILITY-AND-EQUITY> 18518
<SALES> 0
<TOTAL-REVENUES> 2016
<CGS> 0
<TOTAL-COSTS> 1631
<OTHER-EXPENSES> 0
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 75
<INCOME-PRETAX> 306
<INCOME-TAX> 119
<INCOME-CONTINUING> 187
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 187
<EPS-PRIMARY> 1.25
<EPS-DILUTED> 1.22
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 5
<LEGEND>
This schedule contains summary financial information extracted from
Burlington Northern Santa Fe Corporation's Consolidated Financial Statements
and is qualified in its entirety by reference to such financial statements.
</LEGEND>
<MULTIPLIER> 1,000,000
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1996
<PERIOD-START> JAN-01-1996
<PERIOD-END> JUN-30-1996
<CASH> 24
<SECURITIES> 0
<RECEIVABLES> 744
<ALLOWANCES> 73
<INVENTORY> 242
<CURRENT-ASSETS> 1292
<PP&E> 20943
<DEPRECIATION> 4426
<TOTAL-ASSETS> 18775
<CURRENT-LIABILITIES> 2293
<BONDS> 4170
<COMMON> 2
0
0
<OTHER-SE> 5481
<TOTAL-LIABILITY-AND-EQUITY> 18775
<SALES> 0
<TOTAL-REVENUES> 4029
<CGS> 0
<TOTAL-COSTS> 3226
<OTHER-EXPENSES> 0
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 148
<INCOME-PRETAX> 650
<INCOME-TAX> 252
<INCOME-CONTINUING> 398
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 398
<EPS-PRIMARY> 2.63
<EPS-DILUTED> 2.58
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 5
<LEGEND>
This schedule contains summary financial information extracted from
Burlington Northern Santa Fe Corporation's Consolidated Financial Statements
and is qualified in its entirety by reference to such financial statements.
</LEGEND>
<MULTIPLIER> 1,000,000
<S> <C>
<PERIOD-TYPE> 9-MOS
<FISCAL-YEAR-END> DEC-31-1996
<PERIOD-START> JAN-01-1996
<PERIOD-END> SEP-30-1996
<CASH> 34
<SECURITIES> 0
<RECEIVABLES> 815
<ALLOWANCES> 68
<INVENTORY> 228
<CURRENT-ASSETS> 1390
<PP&E> 21341
<DEPRECIATION> 4475
<TOTAL-ASSETS> 19257
<CURRENT-LIABILITIES> 2354
<BONDS> 4243
<COMMON> 2
0
0
<OTHER-SE> 5698
<TOTAL-LIABILITY-AND-EQUITY> 19257
<SALES> 0
<TOTAL-REVENUES> 6061
<CGS> 0
<TOTAL-COSTS> 4782
<OTHER-EXPENSES> 0
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 224
<INCOME-PRETAX> 1054
<INCOME-TAX> 409
<INCOME-CONTINUING> 645
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 645
<EPS-PRIMARY> 4.25
<EPS-DILUTED> 4.17
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 5
<LEGEND>
This schedule contains summary financial information extracted from
Burlington Northern Santa Fe Corporation's Consolidated Financial Statements
and is qualified in its entirety by reference to such financial statements.
</LEGEND>
<MULTIPLIER> 1,000,000
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1996
<PERIOD-START> JAN-01-1996
<PERIOD-END> DEC-31-1996
<CASH> 47
<SECURITIES> 0
<RECEIVABLES> 685
<ALLOWANCES> 57
<INVENTORY> 222
<CURRENT-ASSETS> 1248
<PP&E> 22123
<DEPRECIATION> 4490
<TOTAL-ASSETS> 19763
<CURRENT-LIABILITIES> 2228
<BONDS> 4546
<COMMON> 0
0
2
<OTHER-SE> 5979
<TOTAL-LIABILITY-AND-EQUITY> 19763
<SALES> 0
<TOTAL-REVENUES> 8141
<CGS> 0
<TOTAL-COSTS> 6393
<OTHER-EXPENSES> 0
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 301
<INCOME-PRETAX> 1440
<INCOME-TAX> 551
<INCOME-CONTINUING> 889
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 889
<EPS-PRIMARY> 5.84
<EPS-DILUTED> 5.74
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 5
<LEGEND>
This schedule contains summary financial information extracted from
Burlington Northern Santa Fe Corporation's Consolidated Financial Statements
and is qualified in its entirety by reference to such financial statements.
</LEGEND>
<MULTIPLIER> 1,000,000
<S> <C>
<PERIOD-TYPE> 3-MOS
<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-START> JAN-01-1997
<PERIOD-END> MAR-31-1997
<CASH> 47
<SECURITIES> 0
<RECEIVABLES> 844
<ALLOWANCES> 51
<INVENTORY> 230
<CURRENT-ASSETS> 1420
<PP&E> 22346
<DEPRECIATION> 4580
<TOTAL-ASSETS> 20068
<CURRENT-LIABILITIES> 2055
<BONDS> 4898
<COMMON> 0
0
2
<OTHER-SE> 6110
<TOTAL-LIABILITY-AND-EQUITY> 20068
<SALES> 0
<TOTAL-REVENUES> 2024
<CGS> 0
<TOTAL-COSTS> 1695
<OTHER-EXPENSES> 0
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 84
<INCOME-PRETAX> 242
<INCOME-TAX> 92
<INCOME-CONTINUING> 150
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 150
<EPS-PRIMARY> .97
<EPS-DILUTED> .96
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 5
<LEGEND>
This schedule contains summary financial information extracted from
Burlington Northern Santa Fe Corporation's Consolidated Financial Statements
and is qualified in its entirety by reference to such financial statements.
</LEGEND>
<MULTIPLIER> 1,000,000
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-START> JAN-01-1997
<PERIOD-END> JUN-30-1997
<CASH> 42
<SECURITIES> 0
<RECEIVABLES> 704
<ALLOWANCES> 49
<INVENTORY> 205
<CURRENT-ASSETS> 1286
<PP&E> 22825
<DEPRECIATION> 4645
<TOTAL-ASSETS> 20355
<CURRENT-LIABILITIES> 1959
<BONDS> 4935
<COMMON> 2
0
0
<OTHER-SE> 6340
<TOTAL-LIABILITY-AND-EQUITY> 20355
<SALES> 0
<TOTAL-REVENUES> 4088
<CGS> 0
<TOTAL-COSTS> 3300
<OTHER-EXPENSES> 0
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 169
<INCOME-PRETAX> 616
<INCOME-TAX> 231
<INCOME-CONTINUING> 385
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 385
<EPS-PRIMARY> 2.50
<EPS-DILUTED> 2.46
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 5
<LEGEND>
This schedule contains summary financial information extracted from
Burlington Northern Santa Fe Corporation's Consolidated Financial Statements
and is qualified in its entirety by reference to such financial statements.
</LEGEND>
<MULTIPLIER> 1,000,000
<S> <C>
<PERIOD-TYPE> 9-MOS
<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-START> JAN-01-1997
<PERIOD-END> SEP-30-1997
<CASH> 45
<SECURITIES> 0
<RECEIVABLES> 845
<ALLOWANCES> 70
<INVENTORY> 219
<CURRENT-ASSETS> 1427
<PP&E> 23334
<DEPRECIATION> 4681
<TOTAL-ASSETS> 20981
<CURRENT-LIABILITIES> 2039
<BONDS> 5146
<COMMON> 2
0
0
<OTHER-SE> 6623
<TOTAL-LIABILITY-AND-EQUITY> 20981
<SALES> 0
<TOTAL-REVENUES> 6226
<CGS> 0
<TOTAL-COSTS> 4897
<OTHER-EXPENSES> 0
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 255
<INCOME-PRETAX> 1061
<INCOME-TAX> 393
<INCOME-CONTINUING> 668
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 668
<EPS-PRIMARY> 4.32
<EPS-DILUTED> 4.26
</TABLE>
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