ANNUAL REPORT PURSUANT to SECTION 13 OR 15(D) of the SECURITIES EXCHANGE ACT of 1934 for the Fiscal Year Ended December 31, 2020 Or
20 Annual 20 Report KANSAS CITY SOUTHERN Kansas City Southern is a transportation holding company with two primary subsidiaries. The Kansas City Southern Railway Company is one of seven Class I railroads operating in the United States. Kansas City Southern de México, 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 and Mexico. 2020 FINANCIAL HIGHLIGHTS 2020 2019 2018 2017 OPERATIONS Revenues $ 2,632.6 $ 2,866.0 $ 2,714.0 $ 2,582.9 Operating income 1,003.0 886.3 986.3 921.6 Net income attributable to Kansas City Southern and subsidiaries 617.0 538.9 627.4 962.0 PER COMMON SHARE Earnings per diluted share $ 6.54 $ 5.40 $ 6.13 $ 9.16 CLOSING STOCK PRICE RANGES Common - High $ 204.13 $ 155.10 $ 119.88 $ 113.44 Common - Low 100.54 92.87 90.84 80.82 4% Non-Cumulative Preferred - High 35.01 32.14 33.07 29.50 4% Non-Cumulative Preferred - Low 24.88 24.11 24.50 26.75 FINANCIAL CONDITION Total assets $ 9,964.0 $ 9,786.8 $ 9,469.8 $ 9,198.7 Total debt, including short-term borrowings 3,770.8 3,246.0 2,689.4 2,619.4 Total stockholders’ equity 4,057.2 4,422.5 4,813.0 4,548.9 Total equity 4,383.6 4,745.9 5,132.7 4,865.4 COMMON STOCKHOLDER INFORMATION AT YEAR END Stockholders of record 2,029 1,952 2,063 2,141 Shares outstanding (in thousands) 91,047 96,116 100,897 103,037 Average diluted shares outstanding (in thousands) 94,315 99,747 102,270 105,040 LETTER TO OUR The COVID-19 pandemic, and resulting economic downturn, impacted all STOCKHOLDERS aspects of Kansas City Southern’s (KCS or the Company) operations, resulting in an exceptionally challenging year.
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