10-Q Filing

GXO LOGISTICS, INC. CIK: 1852244 Q1 2022

Filing Information

Form Type	10-Q
Accession Number	`0001852244-22-000020`
Period End Date	20220331
Filing Date	20220505
Fiscal Year	2022
Fiscal Period	Q1
XBRL Instance	gxo-20220331_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 86 Income Statement 36 Cash Flow Statement 54 Stockholders Equity 16 Comprehensive Income 18

Balance Sheet 86 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance for credit loss	`AllowanceForDoubtfulAccountsReceivableCurrent`	$13.00M	USD	Point-in-time
Accounts receivable, allowance for credit loss	`AllowanceForDoubtfulAccountsReceivableCurrent`	$13.00M	USD	Point-in-time
Property and equipment, accumulated depreciation	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization`	$1.13B	USD	Point-in-time
Property and equipment, accumulated depreciation	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization`	$1.15B	USD	Point-in-time
Identifiable intangible assets, accumulated amortization	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$407.00M	USD	Point-in-time
Identifiable intangible assets, accumulated amortization	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$414.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$312.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$333.00M	USD	Point-in-time
Accounts receivable, net of allowances of $13 and $13, respectively	`AccountsReceivableNetCurrent`	$1.49B	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Accounts receivable, net of allowances of $13 and $13, respectively	`AccountsReceivableNetCurrent`	$1.51B	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	300.00M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$259.00M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	300.00M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$226.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.10B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.03B	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	114.84M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	114.66M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	114.84M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	114.66M	shares	Point-in-time
Property and equipment, net of $1,145 and $1,128 in accumulated depreciation, respectively	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$863.00M	USD	Point-in-time
Property and equipment, net of $1,145 and $1,128 in accumulated depreciation, respectively	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$833.00M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Operating lease assets	`OperatingLeaseRightOfUseAsset`	$1.77B	USD	Point-in-time
Preferred stock, authorized (in shares)	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Operating lease assets	`OperatingLeaseRightOfUseAsset`	$1.77B	USD	Point-in-time
Preferred stock, authorized (in shares)	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Preferred stock, issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Goodwill	`Goodwill`	$1.99B	USD	Point-in-time
Preferred stock, issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Goodwill	`Goodwill`	$2.02B	USD	Point-in-time
Intangible assets, net of $414 and $407 in accumulated amortization, respectively	`IntangibleAssetsNetExcludingGoodwill`	$239.00M	USD	Point-in-time
Intangible assets, net of $414 and $407 in accumulated amortization, respectively	`IntangibleAssetsNetExcludingGoodwill`	$257.00M	USD	Point-in-time
Preferred stock, outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$263.00M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$267.00M	USD	Point-in-time
Total long-term assets	`AssetsNoncurrent`	$5.10B	USD	Point-in-time
Total long-term assets	`AssetsNoncurrent`	$5.17B	USD	Point-in-time
Total assets	`Assets`	$7.13B	USD	Point-in-time
Total assets	`Assets`	$7.27B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$624.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$549.00M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$940.00M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$998.00M	USD	Point-in-time
Short-term borrowings and obligations under finance leases	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$34.00M	USD	Point-in-time
Short-term borrowings and obligations under finance leases	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$32.00M	USD	Point-in-time
Current operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$453.00M	USD	Point-in-time
Current operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$455.00M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$220.00M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$146.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.12B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.33B	USD	Point-in-time
Long-term debt and obligations under finance leases	`LongTermDebtAndCapitalLeaseObligations`	$927.00M	USD	Point-in-time
Long-term debt and obligations under finance leases	`LongTermDebtAndCapitalLeaseObligations`	$907.00M	USD	Point-in-time
Long-term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$1.39B	USD	Point-in-time
Long-term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$1.39B	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$334.00M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$234.00M	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$2.55B	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$2.63B	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common Stock, $0.01 par value per share, 300,000 shares authorized, 114,840 and 114,659 shares issued and outstanding, as of March 31, 2022 and December 31, 2021, respectively	`CommonStockValue`	$1.00M	USD	Point-in-time
Common Stock, $0.01 par value per share, 300,000 shares authorized, 114,840 and 114,659 shares issued and outstanding, as of March 31, 2022 and December 31, 2021, respectively	`CommonStockValue`	$1.00M	USD	Point-in-time
Preferred Stock, $0.01 par value per share, 10,000 shares authorized, 0 shares issued and outstanding, as of March 31, 2022 and December 31, 2021, respectively	`PreferredStockValue`	-	USD	Point-in-time
Preferred Stock, $0.01 par value per share, 10,000 shares authorized, 0 shares issued and outstanding, as of March 31, 2022 and December 31, 2021, respectively	`PreferredStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$2.35B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$2.35B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$126.00M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$163.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-172.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-130.00M	USD	Point-in-time
Total stockholders equity before noncontrolling interests	`StockholdersEquity`	$2.34B	USD	Point-in-time
Total stockholders equity before noncontrolling interests	`StockholdersEquity`	$2.35B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$34.00M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$39.00M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.39B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.04B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.95B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.38B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$7.13B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$7.27B	USD	Point-in-time

Income Statement 36 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.08B	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.82B	USD	1 Quarter
Direct operating expense	`DirectOperatingCosts`	$1.52B	USD	1 Quarter
Direct operating expense	`DirectOperatingCosts`	$1.75B	USD	1 Quarter
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$190.00M	USD	1 Quarter
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$171.00M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAndAmortization`	$76.00M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAndAmortization`	$79.00M	USD	1 Quarter
Transaction and integration costs	`SpinoffTransactionAndIntegrationCosts`	$18.00M	USD	1 Quarter
Transaction and integration costs	`SpinoffTransactionAndIntegrationCosts`	$19.00M	USD	1 Quarter
Restructuring costs and other	`RestructuringCharges`	$4.00M	USD	1 Quarter
Restructuring costs and other	`RestructuringCharges`	$13.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$37.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$30.00M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncome`	$1.00M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncome`	$16.00M	USD	1 Quarter
Interest expense, net	`InterestExpense`	$5.00M	USD	1 Quarter
Interest expense, net	`InterestExpense`	$4.00M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$26.00M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$49.00M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$9.00M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$11.00M	USD	1 Quarter
Net income	`ProfitLoss`	$17.00M	USD	1 Quarter
Net income	`ProfitLoss`	$38.00M	USD	1 Quarter
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$3.00M	USD	1 Quarter
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.00M	USD	1 Quarter
Net income attributable to GXO	`NetIncomeLoss`	$14.00M	USD	1 Quarter
Net income attributable to GXO	`NetIncomeLoss`	$37.00M	USD	1 Quarter
Basic earnings per share (in dollars per share)	`EarningsPerShareBasic`	$0.32	USD	1 Quarter
Basic earnings per share (in dollars per share)	`EarningsPerShareBasic`	$0.12	USD	1 Quarter
Diluted earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$0.12	USD	1 Quarter
Diluted earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$0.32	USD	1 Quarter
Basic weighted-average common shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	114.73M	shares	1 Quarter
Basic weighted-average common shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	114.63M	shares	1 Quarter
Diluted weighted-average common shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	114.63M	shares	1 Quarter
Diluted weighted-average common shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	115.57M	shares	1 Quarter

Cash Flow Statement 54 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$17.00M	USD	1 Quarter
Net income	`ProfitLoss`	$38.00M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$79.00M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$76.00M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$5.00M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$6.00M	USD	1 Quarter
Deferred tax benefit	`DeferredIncomeTaxExpenseBenefit`	$6.00M	USD	1 Quarter
Deferred tax benefit	`DeferredIncomeTaxExpenseBenefit`	$3.00M	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$-4.00M	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$7.00M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$33.00M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-3.00M	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$7.00M	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$65.00M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-39.00M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-17.00M	USD	1 Quarter
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$26.00M	USD	1 Quarter
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-2.00M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$47.00M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$46.00M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$67.00M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$65.00M	USD	1 Quarter
Proceeds from sales of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$3.00M	USD	1 Quarter
Proceeds from sales of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	-	USD	1 Quarter
Purchase and sale of affiliate trade receivables, net	`PaymentsForProceedsFromAffiliateTradeReceivablesNet`	-	USD	1 Quarter
Purchase and sale of affiliate trade receivables, net	`PaymentsForProceedsFromAffiliateTradeReceivablesNet`	$-20.00M	USD	1 Quarter
Acquisition of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	1 Quarter
Acquisition of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$-9.00M	USD	1 Quarter
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$-18.00M	USD	1 Quarter
Other	`PaymentsForProceedsFromOtherInvestingActivities`	-	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-38.00M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-44.00M	USD	1 Quarter
Repayment of debt related to securitization transactions and other	`PaymentsForProceedsFromRetainedInterestInSecuritizedReceivables`	-	USD	1 Quarter
Repayment of debt related to securitization transactions and other	`PaymentsForProceedsFromRetainedInterestInSecuritizedReceivables`	$25.00M	USD	1 Quarter
Repayment of debt and finance leases	`RepaymentsOfDebtAndCapitalLeaseObligations`	$26.00M	USD	1 Quarter
Repayment of debt and finance leases	`RepaymentsOfDebtAndCapitalLeaseObligations`	$9.00M	USD	1 Quarter
Net transfers from XPO Logistics, Inc.	`NetTransfersFromParentFinancingActivities`	$138.00M	USD	1 Quarter
Net transfers from XPO Logistics, Inc.	`NetTransfersFromParentFinancingActivities`	-	USD	1 Quarter
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-7.00M	USD	1 Quarter
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-9.00M	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-18.00M	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$80.00M	USD	1 Quarter
Effect of exchange rates on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-3.00M	USD	1 Quarter
Effect of exchange rates on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-5.00M	USD	1 Quarter
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-21.00M	USD	1 Quarter
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$86.00M	USD	1 Quarter
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$333.00M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$312.00M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$328.00M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$414.00M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$333.00M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$312.00M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$328.00M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$414.00M	USD	Point-in-time

Stockholders Equity 16 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.39B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.04B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.95B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.38B	USD	Point-in-time
Net income	`ProfitLoss`	$17.00M	USD	1 Quarter
Net income	`ProfitLoss`	$38.00M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-45.00M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-46.00M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$6.00M	USD	1 Quarter
Tax withholding on vesting of stock compensation awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$11.00M	USD	1 Quarter
Deconsolidation of variable interest entity	`NoncontrollingInterestDecreaseFromDeconsolidation`	$3.00M	USD	1 Quarter
Net transfers from XPO Logistics, Inc.	`StockholdersEquityTransferFromParent`	$124.00M	USD	1 Quarter
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.39B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.04B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.95B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.38B	USD	Point-in-time

Comprehensive Income 18 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$17.00M	USD	1 Quarter
Foreign currency translation gain (loss), tax	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$3.00M	USD	1 Quarter
Net income	`ProfitLoss`	$38.00M	USD	1 Quarter
Foreign currency translation gain (loss), tax	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	-	USD	1 Quarter
Unrealized gain (loss) on financial assets/liabilities designated as hedging instruments, tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax`	$-1.00M	USD	1 Quarter
Unrealized gain (loss) on financial assets/liabilities designated as hedging instruments, tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax`	-	USD	1 Quarter
Foreign currency translation loss, net of tax benefit of $ and $3, respectively	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-45.00M	USD	1 Quarter
Foreign currency translation loss, net of tax benefit of $ and $3, respectively	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-45.00M	USD	1 Quarter
Unrealized gain (loss) on hedging instruments, net of tax expense of $ and $(1), respectively	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-1.00M	USD	1 Quarter
Unrealized gain (loss) on hedging instruments, net of tax expense of $ and $(1), respectively	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	-	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-45.00M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-46.00M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-7.00M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-29.00M	USD	1 Quarter
Less: Comprehensive income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Less: Comprehensive income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-1.00M	USD	1 Quarter
Comprehensive loss attributable to GXO	`ComprehensiveIncomeNetOfTax`	$-28.00M	USD	1 Quarter
Comprehensive loss attributable to GXO	`ComprehensiveIncomeNetOfTax`	$-7.00M	USD	1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.