10-Q Filing

GXO LOGISTICS, INC. CIK: 1852244 Q3 2022

Filing Information

Form Type	10-Q
Accession Number	`0001852244-22-000031`
Period End Date	20220930
Filing Date	20221109
Fiscal Year	2022
Fiscal Period	Q3
XBRL Instance	gxo-20220930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 88 Income Statement 72 Cash Flow Statement 64 Stockholders Equity 34 Comprehensive Income 36

Balance Sheet 88 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance for credit loss	`AllowanceForDoubtfulAccountsReceivableCurrent`	$9.00M	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`	$1.20B	USD	Point-in-time
Identifiable intangible assets, accumulated amortization	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$407.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$333.00M	USD	Point-in-time
Identifiable intangible assets, accumulated amortization	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$418.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$434.00M	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 $9 and $13, respectively	`AccountsReceivableNetCurrent`	$1.51B	USD	Point-in-time
Accounts receivable, net of allowances of $9 and $13, respectively	`AccountsReceivableNetCurrent`	$1.51B	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`	$301.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.24B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.10B	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	114.66M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	118.63M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	118.63M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	114.66M	shares	Point-in-time
Property and equipment, net of $1,196 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
Property and equipment, net of $1,196 and $1,128 in accumulated depreciation, respectively	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$914.00M	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`	$2.06B	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
Goodwill	`Goodwill`	$2.02B	USD	Point-in-time
Goodwill	`Goodwill`	$2.60B	USD	Point-in-time
Preferred stock, issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Intangible assets, net of $418 and $407 in accumulated amortization, respectively	`IntangibleAssetsNetExcludingGoodwill`	$257.00M	USD	Point-in-time
Intangible assets, net of $418 and $407 in accumulated amortization, respectively	`IntangibleAssetsNetExcludingGoodwill`	$576.00M	USD	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`	$413.00M	USD	Point-in-time
Total long-term assets	`AssetsNoncurrent`	$5.17B	USD	Point-in-time
Total long-term assets	`AssetsNoncurrent`	$6.56B	USD	Point-in-time
Total assets	`Assets`	$8.81B	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`	$568.00M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$998.00M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$952.00M	USD	Point-in-time
Short-term borrowings and obligations under finance leases	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$94.00M	USD	Point-in-time
Short-term borrowings and obligations under finance leases	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$34.00M	USD	Point-in-time
Current operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$499.00M	USD	Point-in-time
Current operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$453.00M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$162.00M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$220.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.27B	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`	$1.79B	USD	Point-in-time
Long-term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$1.70B	USD	Point-in-time
Long-term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$1.39B	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$444.00M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$234.00M	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$3.93B	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$2.55B	USD	Point-in-time
Commitments and contingencies (Note 12)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 12)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common Stock, $0.01 par value per share; 300,000 shares authorized, 118,629 and 114,659 shares issued and outstanding as of September 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, 118,629 and 114,659 shares issued and outstanding as of September 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 September 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 September 30, 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`	$2.57B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$277.00M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$126.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-278.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-130.00M	USD	Point-in-time
Total stockholders equity before noncontrolling interest	`StockholdersEquity`	$2.35B	USD	Point-in-time
Total stockholders equity before noncontrolling interest	`StockholdersEquity`	$2.57B	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$39.00M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$30.00M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.39B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.60B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.95B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.34B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.91B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.56B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$7.27B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$8.81B	USD	Point-in-time

Income Statement 72 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.29B	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.97B	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$5.68B	USD	3 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$6.53B	USD	3 Qtrs
Direct operating expense	`DirectOperatingCosts`	$1.89B	USD	1 Quarter
Direct operating expense	`DirectOperatingCosts`	$1.65B	USD	1 Quarter
Direct operating expense	`DirectOperatingCosts`	$4.72B	USD	3 Qtrs
Direct operating expense	`DirectOperatingCosts`	$5.41B	USD	3 Qtrs
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$519.00M	USD	3 Qtrs
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$227.00M	USD	1 Quarter
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$171.00M	USD	1 Quarter
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$637.00M	USD	3 Qtrs
Depreciation and amortization expense	`DepreciationAndAmortization`	$259.00M	USD	3 Qtrs
Depreciation and amortization expense	`DepreciationAndAmortization`	$242.00M	USD	3 Qtrs
Depreciation and amortization expense	`DepreciationAndAmortization`	$85.00M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAndAmortization`	$89.00M	USD	1 Quarter
Transaction and integration costs	`SpinoffTransactionAndIntegrationCosts`	$14.00M	USD	1 Quarter
Transaction and integration costs	`SpinoffTransactionAndIntegrationCosts`	$29.00M	USD	1 Quarter
Transaction and integration costs	`SpinoffTransactionAndIntegrationCosts`	$57.00M	USD	3 Qtrs
Transaction and integration costs	`SpinoffTransactionAndIntegrationCosts`	$82.00M	USD	3 Qtrs
Restructuring costs and other	`RestructuringCharges`	$5.00M	USD	3 Qtrs
Restructuring costs and other	`RestructuringCharges`	$2.00M	USD	1 Quarter
Restructuring costs and other	`RestructuringCharges`	$14.00M	USD	3 Qtrs
Restructuring costs and other	`RestructuringCharges`	-	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$72.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$88.00M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$36.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$168.00M	USD	3 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$17.00M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$11.00M	USD	3 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$56.00M	USD	3 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$11.00M	USD	1 Quarter
Interest expense, net	`InterestExpense`	$6.00M	USD	1 Quarter
Interest expense, net	`InterestExpense`	$16.00M	USD	3 Qtrs
Interest expense, net	`InterestExpense`	$19.00M	USD	3 Qtrs
Interest expense, net	`InterestExpense`	$5.00M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$205.00M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$42.00M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$83.00M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$83.00M	USD	3 Qtrs
Income tax (expense) benefit	`IncomeTaxExpenseBenefit`	$19.00M	USD	1 Quarter
Income tax (expense) benefit	`IncomeTaxExpenseBenefit`	$-31.00M	USD	1 Quarter
Income tax (expense) benefit	`IncomeTaxExpenseBenefit`	$51.00M	USD	3 Qtrs
Income tax (expense) benefit	`IncomeTaxExpenseBenefit`	$-21.00M	USD	3 Qtrs
Net income	`ProfitLoss`	$104.00M	USD	3 Qtrs
Net income	`ProfitLoss`	$73.00M	USD	1 Quarter
Net income	`ProfitLoss`	$64.00M	USD	1 Quarter
Net income	`ProfitLoss`	$154.00M	USD	3 Qtrs
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.00M	USD	1 Quarter
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$7.00M	USD	3 Qtrs
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$3.00M	USD	3 Qtrs
Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.00M	USD	1 Quarter
Net income attributable to GXO	`NetIncomeLoss`	$97.00M	USD	3 Qtrs
Net income attributable to GXO	`NetIncomeLoss`	$72.00M	USD	1 Quarter
Net income attributable to GXO	`NetIncomeLoss`	$151.00M	USD	3 Qtrs
Net income attributable to GXO	`NetIncomeLoss`	$63.00M	USD	1 Quarter
Basic earnings per share (in dollars per share)	`EarningsPerShareBasic`	$0.63	USD	1 Quarter
Basic earnings per share (in dollars per share)	`EarningsPerShareBasic`	$1.30	USD	3 Qtrs
Basic earnings per share (in dollars per share)	`EarningsPerShareBasic`	$0.53	USD	1 Quarter
Basic earnings per share (in dollars per share)	`EarningsPerShareBasic`	$0.84	USD	3 Qtrs
Diluted earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$0.62	USD	1 Quarter
Diluted earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$0.53	USD	1 Quarter
Diluted earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$0.84	USD	3 Qtrs
Diluted earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$1.29	USD	3 Qtrs
Basic weighted-average common shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	118.62M	shares	1 Quarter
Basic weighted-average common shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	114.63M	shares	3 Qtrs
Basic weighted-average common shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	116.51M	shares	3 Qtrs
Basic weighted-average common shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	114.63M	shares	1 Quarter
Diluted weighted-average common shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	115.53M	shares	3 Qtrs
Diluted weighted-average common shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	115.53M	shares	1 Quarter
Diluted weighted-average common shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	119.06M	shares	1 Quarter
Diluted weighted-average common shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	117.11M	shares	3 Qtrs

Cash Flow Statement 64 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$104.00M	USD	3 Qtrs
Net income	`ProfitLoss`	$73.00M	USD	1 Quarter
Net income	`ProfitLoss`	$64.00M	USD	1 Quarter
Net income	`ProfitLoss`	$154.00M	USD	3 Qtrs
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$242.00M	USD	3 Qtrs
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$259.00M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$24.00M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$22.00M	USD	3 Qtrs
Deferred tax benefit	`DeferredIncomeTaxExpenseBenefit`	-	USD	3 Qtrs
Deferred tax benefit	`DeferredIncomeTaxExpenseBenefit`	$-47.00M	USD	3 Qtrs
Other	`OtherNoncashIncomeExpense`	$4.00M	USD	3 Qtrs
Other	`OtherNoncashIncomeExpense`	$11.00M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$22.00M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$118.00M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$28.00M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$129.00M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-8.00M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-68.00M	USD	3 Qtrs
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$18.00M	USD	3 Qtrs
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$179.00M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$251.00M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$316.00M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$239.00M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$180.00M	USD	3 Qtrs
Proceeds from sales of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$8.00M	USD	3 Qtrs
Proceeds from sales of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$22.00M	USD	3 Qtrs
Acquisition of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$874.00M	USD	3 Qtrs
Acquisition of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$-34.00M	USD	3 Qtrs
Proceeds from cross-currency swap agreements	`ProceedsFromDerivativeInstrumentInvestingActivities`	$26.00M	USD	3 Qtrs
Proceeds from cross-currency swap agreements	`ProceedsFromDerivativeInstrumentInvestingActivities`	-	USD	3 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$-9.00M	USD	3 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$2.00M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.06B	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-140.00M	USD	3 Qtrs
Proceeds from issuance of debt, net	`ProceedsFromIssuanceOfDebt`	$898.00M	USD	3 Qtrs
Proceeds from issuance of debt, net	`ProceedsFromIssuanceOfDebt`	$794.00M	USD	3 Qtrs
Repayment of debt related to securitization transactions and other	`PaymentsForProceedsFromRetainedInterestInSecuritizedReceivables`	-	USD	3 Qtrs
Repayment of debt related to securitization transactions and other	`PaymentsForProceedsFromRetainedInterestInSecuritizedReceivables`	$21.00M	USD	3 Qtrs
Repayment of debt and finance leases	`RepaymentsOfDebtAndCapitalLeaseObligations`	$23.00M	USD	3 Qtrs
Repayment of debt and finance leases	`RepaymentsOfDebtAndCapitalLeaseObligations`	$64.00M	USD	3 Qtrs
Purchase of noncontrolling interest	`PaymentsToMinorityShareholders`	-	USD	3 Qtrs
Purchase of noncontrolling interest	`PaymentsToMinorityShareholders`	$128.00M	USD	3 Qtrs
Net transfers to XPO Logistics, Inc.	`NetTransfersFromParentFinancingActivities`	-	USD	3 Qtrs
Net transfers to XPO Logistics, Inc.	`NetTransfersFromParentFinancingActivities`	$-774.00M	USD	3 Qtrs
Taxes paid related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	-	USD	3 Qtrs
Taxes paid related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$12.00M	USD	3 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	-	USD	3 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$28.00M	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-165.00M	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$863.00M	USD	3 Qtrs
Effect of exchange rates on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.00M	USD	3 Qtrs
Effect of exchange rates on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-22.00M	USD	3 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$101.00M	USD	3 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-53.00M	USD	3 Qtrs
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$328.00M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$275.00M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$434.00M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$333.00M	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`	$275.00M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$434.00M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$333.00M	USD	Point-in-time
Common stock issued for acquisition	`CommonStockIssuedForAcquisition`	-	USD	3 Qtrs
Common stock issued for acquisition	`CommonStockIssuedForAcquisition`	$203.00M	USD	3 Qtrs

Stockholders Equity 34 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.39B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.60B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.95B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.34B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.91B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.56B	USD	Point-in-time
Net income	`ProfitLoss`	$104.00M	USD	3 Qtrs
Net income	`ProfitLoss`	$73.00M	USD	1 Quarter
Net income	`ProfitLoss`	$64.00M	USD	1 Quarter
Net income	`ProfitLoss`	$154.00M	USD	3 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-31.00M	USD	3 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-34.00M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-12.00M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-154.00M	USD	3 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$4.00M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$8.00M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$4.00M	USD	3 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$24.00M	USD	3 Qtrs
Purchase of noncontrolling interest	`MinorityInterestDecreaseFromRedemptions`	$128.00M	USD	3 Qtrs
Tax withholding on vesting of stock compensation awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$12.00M	USD	3 Qtrs
Common stock issued for acquisition	`StockIssuedDuringPeriodValueAcquisitions`	$203.00M	USD	3 Qtrs
Deconsolidation of variable interest entity	`NoncontrollingInterestDecreaseFromDeconsolidation`	$3.00M	USD	3 Qtrs
Dividends	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$3.00M	USD	3 Qtrs
Net transfers (to) from XPO, including separation adjustments	`StockholdersEquityTransferFromParent`	$-557.00M	USD	3 Qtrs
Net transfers (to) from XPO, including separation adjustments	`StockholdersEquityTransferFromParent`	$-642.00M	USD	1 Quarter
Issuance of common stock and reclassification of XPO investment	`StockIssuedDuringPeriodValueNewIssues`	-	USD	3 Qtrs
Issuance of common stock and reclassification of XPO investment	`StockIssuedDuringPeriodValueNewIssues`	-	USD	1 Quarter
Other	`StockholdersEquityOther`	$3.00M	USD	3 Qtrs
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.39B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.60B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.95B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.34B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.91B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.56B	USD	Point-in-time

Comprehensive Income 36 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$104.00M	USD	3 Qtrs
Foreign currency translation gain (loss), tax (expense) benefit	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$22.00M	USD	1 Quarter
Foreign currency translation gain (loss), tax (expense) benefit	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$32.00M	USD	3 Qtrs
Foreign currency translation gain (loss), tax (expense) benefit	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$4.00M	USD	1 Quarter
Net income	`ProfitLoss`	$73.00M	USD	1 Quarter
Net income	`ProfitLoss`	$64.00M	USD	1 Quarter
Foreign currency translation gain (loss), tax (expense) benefit	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$2.00M	USD	3 Qtrs
Net income	`ProfitLoss`	$154.00M	USD	3 Qtrs
Unrealized gain (loss) on hedging instruments, tax (expense) benefit	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax`	$1.00M	USD	3 Qtrs
Unrealized gain (loss) on hedging instruments, tax (expense) benefit	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax`	$2.00M	USD	1 Quarter
Unrealized gain (loss) on hedging instruments, tax (expense) benefit	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax`	$2.00M	USD	3 Qtrs
Unrealized gain (loss) on hedging instruments, tax (expense) benefit	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax`	-	USD	1 Quarter
Foreign currency translation loss, net of tax (expense) benefit of $(22), $(4), $(32) and $(2), respectively	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-163.00M	USD	3 Qtrs
Foreign currency translation loss, net of tax (expense) benefit of $(22), $(4), $(32) and $(2), respectively	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-30.00M	USD	3 Qtrs
Foreign currency translation loss, net of tax (expense) benefit of $(22), $(4), $(32) and $(2), respectively	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-12.00M	USD	1 Quarter
Foreign currency translation loss, net of tax (expense) benefit of $(22), $(4), $(32) and $(2), respectively	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-43.00M	USD	1 Quarter
Unrealized gain (loss) on cash flow hedges, net of tax (expense) benefit of $(2), $, $(2) and $(1), respectively	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	-	USD	1 Quarter
Unrealized gain (loss) on cash flow hedges, net of tax (expense) benefit of $(2), $, $(2) and $(1), respectively	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$9.00M	USD	1 Quarter
Unrealized gain (loss) on cash flow hedges, net of tax (expense) benefit of $(2), $, $(2) and $(1), respectively	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$9.00M	USD	3 Qtrs
Unrealized gain (loss) on cash flow hedges, net of tax (expense) benefit of $(2), $, $(2) and $(1), respectively	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-1.00M	USD	3 Qtrs
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-31.00M	USD	3 Qtrs
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-34.00M	USD	1 Quarter
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-12.00M	USD	1 Quarter
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-154.00M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$30.00M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$61.00M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	-	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$73.00M	USD	3 Qtrs
Less: Comprehensive income (loss) attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-1.00M	USD	1 Quarter
Less: Comprehensive income (loss) attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-1.00M	USD	3 Qtrs
Less: Comprehensive income (loss) attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$1.00M	USD	1 Quarter
Less: Comprehensive income (loss) attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$7.00M	USD	3 Qtrs
Comprehensive income attributable to GXO	`ComprehensiveIncomeNetOfTax`	$31.00M	USD	1 Quarter
Comprehensive income attributable to GXO	`ComprehensiveIncomeNetOfTax`	$66.00M	USD	3 Qtrs
Comprehensive income attributable to GXO	`ComprehensiveIncomeNetOfTax`	$1.00M	USD	3 Qtrs
Comprehensive income attributable to GXO	`ComprehensiveIncomeNetOfTax`	$60.00M	USD	1 Quarter

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