1、2020AnnualReportKANSAS CITY SOUTHERN2 0 2 0 F I N A N C I A L H I G H L I G H T SKansas City Southernis a transportation holding company with two primary subsidiaries.TheKansas City Southern Railway Company is one of seven Class I railroads operating in the United States.Kansas City Southern de Mxic
2、o,S.A.de C.V.is one of two large regional railroads in Mexico.KCS also owns 50%of the Panama Canal Railway Company in Panama.The combined North American rail network comprises approximately 7,100 route miles,including trackage rights,that link commercial and industrial markets in the United States a
3、nd Mexico.2020 201920182017OPERATIONSRevenues$2,632.6$2,866.0$2,714.0$2,582.9Operating income1,003.0 886.3986.3921.6Net income attributable to Kansas City Southernand subsidiaries617.0 538.9627.4962.0PER COMMON SHAREEarnings per diluted share$6.54$5.40$6.13$9.16CLOSING STOCK PRICE RANGESCommon-High$
4、204.13$155.10$119.88$113.44Common-Low100.5492.8790.8480.824%Non-Cumulative Preferred-High35.0132.1433.0729.504%Non-Cumulative Preferred-Low24.8824.1124.5026.75FINANCIAL CONDITIONTotal assets$9,964.0$9,786.8$9,469.8$9,198.7 Total debt,including short-term borrowings3,770.83,246.02,689.42,619.4Total s
5、tockholders equity 4,057.24,422.54,813.04,548.9Total equity4,383.64,745.95,132.7 4,865.4COMMON STOCKHOLDER INFORMATION AT YEAR ENDStockholders of record2,0291,9522,0632,141Shares outstanding(in thousands)91,04796,116100,897103,037Average diluted shares outstanding(in thousands)94,31599,747102,270105
6、,040The COVID-19 pandemic,and resulting economic downturn,impacted all aspects of Kansas City Southerns(KCS or the Company)operations,resulting in an exceptionally challenging year.Despite these challenges,KCS continued to aggressively implement principles of Precision Schedule Railroading(PSR),and?