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For FY13 the Capital Expenditures Program (CEP) included the following items that have had or will have a direct or indirect impact on long distance trains, either in whole or in part.  The information can be found in the September 2013 Monthly Operating Report.  Most of the CEP items represent overhauls or facilities projects that extend the life of the equipment and/or facilities.  Amtrak capitalizes expenditures that significantly increase asset values or extend their useful lives, which is in compliance with Generally Accepted Accounting Principles (GAAP).  This includes all major overhauls. The capital amounts shown do not include the cost of debt financing, which would be capitalized for any CEP projects funded by external debt, and would be embedded in the final capitalization amounts.  Unless stated otherwise, the CEP expenditures that benefit the long distance trains is unknown.  However, for each category shown below, it is likely that the long distance trains had or will have a flow through benefit from the capital spend, either directly or indirectly and in whole or in part.  For example, some of the locomotive overhauls were for locomotives that probably pull long distance trains.  And many of the station improvements, if fully allocated, probably benefit the long distance trains.   In FY13 Amtrak spent $55.3 million to overhaul Superliners and $7.4 million to overhaul Viewliners.  Presumably there is no question that these capitalized overhauls benefited the long distance trains. Amtrak spent $153.9 million overhauling and/or upgrading locomotives and $71.6 million on the AmFleet Program.  Some of the locomotives (AEM -7, P42) are used to pull long distance trains, and some of the cars can be found in the Silver Service trains, Crescent, and Lake Shore Limited.  Amtrak spent $64.9 million on capital acquisitions, $3.1 million on facilities improvements, $3.6 million on general safety and reliability projects, and $28.2 million on the Safety and Security Program.  Some of these CEP spends ultimately will have a flow through benefit for the long distance trains.  For example, all the trains, including the long distance trains, benefit at least indirectly from the Safety and Security Program. In addition to aforementioned expenditures, the Engineering Department racked up $88.7 million CEP spends for station structures.  All of Amtrak’s stations, with the exception of those north of Boston, host at least one long distance train, which probably benefits from the planned or implemented station improvements.
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