10-Q Filing

GXO LOGISTICS, INC. CIK: 1852244 Q2 2022

Filing Information

Form Type	10-Q
Accession Number	`0001852244-22-000028`
Period End Date	20220630
Filing Date	20220803
Fiscal Year	2022
Fiscal Period	Q2
XBRL Instance	gxo-20220630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 88 Income Statement 72 Cash Flow Statement 64 Stockholders Equity 35 Comprehensive Income 32

Balance Sheet 88 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`	$1.17B	USD	Point-in-time
Property and equipment, accumulated depreciation	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization`	$1.13B	USD	Point-in-time
Identifiable intangible assets, accumulated amortization	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$413.00M	USD	Point-in-time
Identifiable intangible assets, accumulated amortization	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$407.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$384.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$333.00M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	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
Accounts receivable, net of allowances of $13 and $13, respectively	`AccountsReceivableNetCurrent`	$1.56B	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$312.00M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	300.00M	shares	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 issued (in shares)	`CommonStockSharesIssued`	114.66M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$2.26B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.10B	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	118.61M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	114.66M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	118.61M	shares	Point-in-time
Property and equipment, net of $1,172 and $1,128 in accumulated depreciation, respectively	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$905.00M	USD	Point-in-time
Property and equipment, net of $1,172 and $1,128 in accumulated depreciation, respectively	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$863.00M	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
Preferred stock, authorized (in shares)	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Operating lease assets	`OperatingLeaseRightOfUseAsset`	$1.77B	USD	Point-in-time
Operating lease assets	`OperatingLeaseRightOfUseAsset`	$1.90B	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`	$2.02B	USD	Point-in-time
Goodwill	`Goodwill`	$2.77B	USD	Point-in-time
Preferred stock, issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Intangible assets, net of $413 and $407 in accumulated amortization, respectively	`IntangibleAssetsNetExcludingGoodwill`	$257.00M	USD	Point-in-time
Intangible assets, net of $413 and $407 in accumulated amortization, respectively	`IntangibleAssetsNetExcludingGoodwill`	$557.00M	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`	$319.00M	USD	Point-in-time
Total long-term assets	`AssetsNoncurrent`	$5.17B	USD	Point-in-time
Total long-term assets	`AssetsNoncurrent`	$6.45B	USD	Point-in-time
Total assets	`Assets`	$7.27B	USD	Point-in-time
Total assets	`Assets`	$8.71B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$592.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$624.00M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$998.00M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$1.01B	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`	$84.00M	USD	Point-in-time
Current operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$490.00M	USD	Point-in-time
Current operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$453.00M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$220.00M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$186.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.36B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.33B	USD	Point-in-time
Long-term debt and obligations under finance leases	`LongTermDebtAndCapitalLeaseObligations`	$1.80B	USD	Point-in-time
Long-term debt and obligations under finance leases	`LongTermDebtAndCapitalLeaseObligations`	$927.00M	USD	Point-in-time
Long-term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$1.39B	USD	Point-in-time
Long-term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$1.57B	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$234.00M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$410.00M	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$2.55B	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$3.78B	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, 118,610 and 114,659 shares issued and outstanding as of June 30, 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, 118,610 and 114,659 shares issued and outstanding as of June 30, 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 June 30, 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 June 30, 2022 and December 31, 2021, respectively	`PreferredStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$2.56B	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`	$214.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-130.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-246.00M	USD	Point-in-time
Total stockholders equity before noncontrolling interests	`StockholdersEquity`	$2.35B	USD	Point-in-time
Total stockholders equity before noncontrolling interests	`StockholdersEquity`	$2.53B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$39.00M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$31.00M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.95B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.56B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.38B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.39B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.91B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.04B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$8.71B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$7.27B	USD	Point-in-time

Income Statement 72 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.88B	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$4.24B	USD	2 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.16B	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$3.70B	USD	2 Qtrs
Direct operating expense	`DirectOperatingCosts`	$1.55B	USD	1 Quarter
Direct operating expense	`DirectOperatingCosts`	$3.52B	USD	2 Qtrs
Direct operating expense	`DirectOperatingCosts`	$3.07B	USD	2 Qtrs
Direct operating expense	`DirectOperatingCosts`	$1.77B	USD	1 Quarter
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$348.00M	USD	2 Qtrs
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$177.00M	USD	1 Quarter
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$220.00M	USD	1 Quarter
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$410.00M	USD	2 Qtrs
Depreciation and amortization expense	`DepreciationAndAmortization`	$95.00M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAndAmortization`	$174.00M	USD	2 Qtrs
Depreciation and amortization expense	`DepreciationAndAmortization`	$77.00M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAndAmortization`	$153.00M	USD	2 Qtrs
Transaction and integration costs	`SpinoffTransactionAndIntegrationCosts`	$43.00M	USD	2 Qtrs
Transaction and integration costs	`SpinoffTransactionAndIntegrationCosts`	$35.00M	USD	1 Quarter
Transaction and integration costs	`SpinoffTransactionAndIntegrationCosts`	$24.00M	USD	1 Quarter
Transaction and integration costs	`SpinoffTransactionAndIntegrationCosts`	$53.00M	USD	2 Qtrs
Restructuring costs (credits) and other	`RestructuringCharges`	$14.00M	USD	2 Qtrs
Restructuring costs (credits) and other	`RestructuringCharges`	$1.00M	USD	1 Quarter
Restructuring costs (credits) and other	`RestructuringCharges`	$-1.00M	USD	1 Quarter
Restructuring costs (credits) and other	`RestructuringCharges`	$3.00M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$22.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$96.00M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$59.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$52.00M	USD	2 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$39.00M	USD	2 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-1.00M	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$23.00M	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	-	USD	2 Qtrs
Interest expense, net	`InterestExpense`	$11.00M	USD	2 Qtrs
Interest expense, net	`InterestExpense`	$6.00M	USD	1 Quarter
Interest expense, net	`InterestExpense`	$9.00M	USD	1 Quarter
Interest expense, net	`InterestExpense`	$13.00M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$41.00M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$15.00M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$122.00M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$73.00M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$32.00M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$1.00M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$10.00M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$21.00M	USD	1 Quarter
Net income	`ProfitLoss`	$90.00M	USD	2 Qtrs
Net income	`ProfitLoss`	$52.00M	USD	1 Quarter
Net income	`ProfitLoss`	$14.00M	USD	1 Quarter
Net income	`ProfitLoss`	$31.00M	USD	2 Qtrs
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$6.00M	USD	2 Qtrs
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$3.00M	USD	1 Quarter
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$2.00M	USD	2 Qtrs
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.00M	USD	1 Quarter
Net income attributable to GXO	`NetIncomeLoss`	$25.00M	USD	2 Qtrs
Net income attributable to GXO	`NetIncomeLoss`	$51.00M	USD	1 Quarter
Net income attributable to GXO	`NetIncomeLoss`	$88.00M	USD	2 Qtrs
Net income attributable to GXO	`NetIncomeLoss`	$11.00M	USD	1 Quarter
Basic earnings per share (in dollars per share)	`EarningsPerShareBasic`	$0.76	USD	2 Qtrs
Basic earnings per share (in dollars per share)	`EarningsPerShareBasic`	$0.44	USD	1 Quarter
Basic earnings per share (in dollars per share)	`EarningsPerShareBasic`	$0.10	USD	1 Quarter
Basic earnings per share (in dollars per share)	`EarningsPerShareBasic`	$0.22	USD	2 Qtrs
Diluted earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$0.10	USD	1 Quarter
Diluted earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$0.76	USD	2 Qtrs
Diluted earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$0.22	USD	2 Qtrs
Diluted earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$0.44	USD	1 Quarter
Basic weighted-average common shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	114.63M	shares	2 Qtrs
Basic weighted-average common shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	115.44M	shares	2 Qtrs
Basic weighted-average common shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	116.13M	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`	114.63M	shares	2 Qtrs
Diluted weighted-average common shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	116.11M	shares	2 Qtrs
Diluted weighted-average common shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	116.65M	shares	1 Quarter

Cash Flow Statement 64 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$90.00M	USD	2 Qtrs
Net income	`ProfitLoss`	$52.00M	USD	1 Quarter
Net income	`ProfitLoss`	$14.00M	USD	1 Quarter
Net income	`ProfitLoss`	$31.00M	USD	2 Qtrs
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$153.00M	USD	2 Qtrs
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$174.00M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$13.00M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$16.00M	USD	2 Qtrs
Deferred tax benefit	`DeferredIncomeTaxExpenseBenefit`	$3.00M	USD	2 Qtrs
Deferred tax benefit	`DeferredIncomeTaxExpenseBenefit`	$3.00M	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$6.00M	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$-1.00M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$20.00M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$9.00M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$30.00M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$73.00M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-56.00M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-40.00M	USD	2 Qtrs
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$53.00M	USD	2 Qtrs
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$43.00M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$200.00M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$146.00M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$154.00M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$119.00M	USD	2 Qtrs
Proceeds from sales of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$6.00M	USD	2 Qtrs
Proceeds from sales of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$2.00M	USD	2 Qtrs
Purchase and sale of affiliate trade receivables, net	`PaymentsForProceedsFromAffiliateTradeReceivablesNet`	$-12.00M	USD	2 Qtrs
Purchase and sale of affiliate trade receivables, net	`PaymentsForProceedsFromAffiliateTradeReceivablesNet`	-	USD	2 Qtrs
Acquisition of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$874.00M	USD	2 Qtrs
Acquisition of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$-34.00M	USD	2 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$-19.00M	USD	2 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	-	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.00B	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-71.00M	USD	2 Qtrs
Proceeds from issuance of debt, net	`ProceedsFromIssuanceOfDebt`	$898.00M	USD	2 Qtrs
Proceeds from issuance of debt, net	`ProceedsFromIssuanceOfDebt`	-	USD	2 Qtrs
Repayment of debt related to securitization transactions and other	`PaymentsForProceedsFromRetainedInterestInSecuritizedReceivables`	$25.00M	USD	2 Qtrs
Repayment of debt related to securitization transactions and other	`PaymentsForProceedsFromRetainedInterestInSecuritizedReceivables`	-	USD	2 Qtrs
Repayment of debt and finance leases	`RepaymentsOfDebtAndCapitalLeaseObligations`	$15.00M	USD	2 Qtrs
Repayment of debt and finance leases	`RepaymentsOfDebtAndCapitalLeaseObligations`	$56.00M	USD	2 Qtrs
Purchase of noncontrolling interests	`PaymentsToMinorityShareholders`	-	USD	2 Qtrs
Purchase of noncontrolling interests	`PaymentsToMinorityShareholders`	$128.00M	USD	2 Qtrs
Net transfers from XPO Logistics, Inc.	`NetTransfersFromParentFinancingActivities`	$116.00M	USD	2 Qtrs
Net transfers from XPO Logistics, Inc.	`NetTransfersFromParentFinancingActivities`	-	USD	2 Qtrs
Taxes paid related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$12.00M	USD	2 Qtrs
Taxes paid related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	-	USD	2 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-2.00M	USD	2 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$15.00M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-78.00M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$869.00M	USD	2 Qtrs
Effect of exchange rates on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.00M	USD	2 Qtrs
Effect of exchange rates on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-15.00M	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$51.00M	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-2.00M	USD	2 Qtrs
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$384.00M	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`	$333.00M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$326.00M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$384.00M	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`	$333.00M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$326.00M	USD	Point-in-time
Common stock issued for acquisition	`CommonStockIssuedForAcquisition`	-	USD	2 Qtrs
Common stock issued for acquisition	`CommonStockIssuedForAcquisition`	$203.00M	USD	2 Qtrs

Stockholders Equity 35 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.95B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.56B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.38B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.39B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.91B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.04B	USD	Point-in-time
Net income	`ProfitLoss`	$90.00M	USD	2 Qtrs
Net income	`ProfitLoss`	$52.00M	USD	1 Quarter
Net income	`ProfitLoss`	$14.00M	USD	1 Quarter
Net income	`ProfitLoss`	$31.00M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$19.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-120.00M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-27.00M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-75.00M	USD	1 Quarter
Purchase of noncontrolling interests	`MinorityInterestDecreaseFromRedemptions`	$128.00M	USD	1 Quarter
Purchase of noncontrolling interests	`MinorityInterestDecreaseFromRedemptions`	$128.00M	USD	2 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$16.00M	USD	2 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$10.00M	USD	1 Quarter
Tax withholding on vesting of stock compensation awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.00M	USD	1 Quarter
Tax withholding on vesting of stock compensation awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$12.00M	USD	2 Qtrs
Common stock issued for acquisition	`StockIssuedDuringPeriodValueAcquisitions`	$203.00M	USD	1 Quarter
Common stock issued for acquisition	`StockIssuedDuringPeriodValueAcquisitions`	$203.00M	USD	2 Qtrs
Deconsolidation of variable interest entity	`NoncontrollingInterestDecreaseFromDeconsolidation`	$3.00M	USD	2 Qtrs
Dividends	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$3.00M	USD	1 Quarter
Dividends	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$3.00M	USD	2 Qtrs
Net transfers from (to) XPO Logistics, Inc.	`StockholdersEquityTransferFromParent`	$-39.00M	USD	1 Quarter
Net transfers from (to) XPO Logistics, Inc.	`StockholdersEquityTransferFromParent`	$85.00M	USD	2 Qtrs
Other	`StockholdersEquityOther`	$-5.00M	USD	1 Quarter
Other	`StockholdersEquityOther`	$-5.00M	USD	2 Qtrs
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.95B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.56B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.38B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.39B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.91B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.04B	USD	Point-in-time

Comprehensive Income 32 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$90.00M	USD	2 Qtrs
Net income	`ProfitLoss`	$52.00M	USD	1 Quarter
Foreign currency translation gain (loss), tax (expense) benefit	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$10.00M	USD	2 Qtrs
Foreign currency translation gain (loss), tax (expense) benefit	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$1.00M	USD	1 Quarter
Net income	`ProfitLoss`	$14.00M	USD	1 Quarter
Net income	`ProfitLoss`	$31.00M	USD	2 Qtrs
Foreign currency translation gain (loss), tax (expense) benefit	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$-2.00M	USD	2 Qtrs
Foreign currency translation gain (loss), tax (expense) benefit	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$10.00M	USD	1 Quarter
Unrealized gain (loss) on hedging instruments, tax (expense) benefit	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax`	-	USD	1 Quarter
Unrealized gain (loss) on hedging instruments, tax (expense) benefit	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax`	-	USD	2 Qtrs
Unrealized gain (loss) on hedging instruments, tax (expense) benefit	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax`	$1.00M	USD	2 Qtrs
Unrealized gain (loss) on hedging instruments, tax (expense) benefit	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax`	-	USD	1 Quarter
Foreign currency translation gain (loss), net of tax (expense) benefit of $(10), $(1), $(10), and $2, respectively	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-75.00M	USD	1 Quarter
Foreign currency translation gain (loss), net of tax (expense) benefit of $(10), $(1), $(10), and $2, respectively	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-26.00M	USD	2 Qtrs
Foreign currency translation gain (loss), net of tax (expense) benefit of $(10), $(1), $(10), and $2, respectively	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-120.00M	USD	2 Qtrs
Foreign currency translation gain (loss), net of tax (expense) benefit of $(10), $(1), $(10), and $2, respectively	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$19.00M	USD	1 Quarter
Unrealized gain (loss) on hedging instruments, net of tax (expense) benefit of $, $, $, and $(1), respectively	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-1.00M	USD	2 Qtrs
Unrealized gain (loss) on hedging instruments, net of tax (expense) benefit of $, $, $, and $(1), respectively	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	-	USD	2 Qtrs
Unrealized gain (loss) on hedging instruments, net of tax (expense) benefit of $, $, $, and $(1), respectively	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	-	USD	1 Quarter
Unrealized gain (loss) on hedging instruments, net of tax (expense) benefit of $, $, $, and $(1), respectively	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	-	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-23.00M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-30.00M	USD	2 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$4.00M	USD	2 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$33.00M	USD	1 Quarter
Less: Comprehensive income (loss) attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	-	USD	2 Qtrs
Less: Comprehensive income (loss) attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-2.00M	USD	2 Qtrs
Less: Comprehensive income (loss) attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Less: Comprehensive income (loss) attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-1.00M	USD	1 Quarter
Comprehensive income (loss) attributable to GXO	`ComprehensiveIncomeNetOfTax`	$-23.00M	USD	1 Quarter
Comprehensive income (loss) attributable to GXO	`ComprehensiveIncomeNetOfTax`	$-30.00M	USD	2 Qtrs
Comprehensive income (loss) attributable to GXO	`ComprehensiveIncomeNetOfTax`	$6.00M	USD	2 Qtrs
Comprehensive income (loss) attributable to GXO	`ComprehensiveIncomeNetOfTax`	$34.00M	USD	1 Quarter

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