From the Land of Enron: Riding Off the Books at CSX

So CSX Transportation has been selling off six parts of itself this year, 2018, to create new shortline freight railroads. 

So, how come no analyst is pointing out the revenues from those sales? 

And why is the amount of debt on their books growing?

The company looks way profitable.  If I was an owner, investor, or analyst, then I would say CSX Transportation railroads are buy or hold.

Just tell us why the quarterly reports don't mention the sales of these six shortlines?
And what's the cause of the increasing debt on their books? 

Could the debt be from getting bank loans to make stock buybacks?  That certainly boosts the value of a company's remaining stock. 

Have the increased revenues and the amazing earnings ratio of CSX be due to sales of these shortlines rather than increased volume of business and more efficient use of resources?

The sales aren't clearly listed and the debts aren't clearly explained.

I Come From the Land of Enron

Perhaps like "The Smartest Guys in the Room," at Enron, they moved profits and losses off the books to a little island somewhere.  So legally, nobody could get a clear accounting picture of what's going on until it's too late.

And when the economy goes down, maybe they're expecting a federal government bailout of that stock buyback debt.  It could be a loan from one of the gravity immune, indestructible, zombie banks. 

Maybe someone has a credit default swap out there.

https://youtu.be/u9hbJJ2g8p8