4,000 I I I N I I 0.Sx 2,000 0 0.0x el 01 .C? 1.11 la La u! 00 00000 ,?4 NN NNNNN G 8 G N ea N Net Debt —0—Net Debt/ebltda Grloiss i ebt l Sarre Onstaie Sark Carol , ay. Over the past ten years, CNI's capex averaged 18.5% of revenue on an annualized basis and has primarily bee