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Norfolk Southern Corp's quarterly accounts payable & accrued expense stayed the same from Sep. 2015 ($1,433 Mil) to Dec. 2015 ($1,433 Mil) but then declined from Dec. 2015 ($1,433 Mil) to Mar. 2016 ($1,418 Mil).
Norfolk Southern Corp's annual accounts payable & accrued expense declined from Dec. 2013 ($1,675 Mil) to Dec. 2014 ($1,582 Mil) and declined from Dec. 2014 ($1,582 Mil) to Dec. 2015 ($1,433 Mil).
Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.
Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.
It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.
* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.
Norfolk Southern Corp Annual Data
|Accounts Payable & Accrued Expense||1,386||1,342||1,401||1,083||1,380||1,473||1,655||1,675||1,582||1,433|
Norfolk Southern Corp Quarterly Data
|Accounts Payable & Accrued Expense||1,675||1,517||1,604||1,688||1,582||1,304||1,439||1,433||1,433||1,418|