### Question
What is the definition of consolidated funded debt?


### Answer
The definition of **consolidated funded debt** is as follows in *45 U.S.C. § 1303*:

> the aggregate, after eliminating intercompany items, of all funded debt of the Corporation and its consolidated subsidiaries, consolidated in accordance with generally accepted accounting principles

#### Citation:
  - *45 U.S.C. § 1303*
  - Heading: **CHAPTER 22-CONRAIL PRIVATIZATION > SUBCHAPTER I-GENERAL PROVISIONS**

