10-Q Filing

GXO LOGISTICS, INC. CIK: 1852244 Q1 2023

Filing Information

Form Type	10-Q
Accession Number	`0001852244-23-000019`
Period End Date	20230331
Filing Date	20230510
Fiscal Year	2023
Fiscal Period	Q1
XBRL Instance	gxo-20230331_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 86 Income Statement 36 Cash Flow Statement 50 Stockholders Equity 17 Comprehensive Income 18

Balance Sheet 86 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance for credit loss	`AllowanceForDoubtfulAccountsReceivableCurrent`	$12.00M	USD	Point-in-time
Accounts receivable, allowance for credit loss	`AllowanceForDoubtfulAccountsReceivableCurrent`	$11.00M	USD	Point-in-time
Property and equipment, accumulated depreciation	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization`	$1.36B	USD	Point-in-time
Property and equipment, accumulated depreciation	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization`	$1.30B	USD	Point-in-time
Identifiable intangible assets, accumulated amortization	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$477.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$426.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$495.00M	USD	Point-in-time
Identifiable intangible assets, accumulated amortization	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$456.00M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Accounts receivable, net of allowance of $11 and $12	`AccountsReceivableNetCurrent`	$1.60B	USD	Point-in-time
Accounts receivable, net of allowance of $11 and $12	`AccountsReceivableNetCurrent`	$1.65B	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$286.00M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	300.00M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$280.00M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	300.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$2.31B	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	118.89M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$2.43B	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	118.73M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	118.89M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	118.73M	shares	Point-in-time
Property and equipment, net of accumulated depreciation of $1,361 and $1,297	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$964.00M	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
Property and equipment, net of accumulated depreciation of $1,361 and $1,297	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$960.00M	USD	Point-in-time
Preferred stock, authorized (in shares)	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Preferred stock, authorized (in shares)	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Operating lease assets	`OperatingLeaseRightOfUseAsset`	$2.23B	USD	Point-in-time
Operating lease assets	`OperatingLeaseRightOfUseAsset`	$2.17B	USD	Point-in-time
Preferred stock, issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Goodwill	`Goodwill`	$2.77B	USD	Point-in-time
Preferred stock, issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Goodwill	`Goodwill`	$2.73B	USD	Point-in-time
Intangible assets, net of accumulated amortization of $477 and $456	`IntangibleAssetsNetExcludingGoodwill`	$555.00M	USD	Point-in-time
Preferred stock, outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Intangible assets, net of accumulated amortization of $477 and $456	`IntangibleAssetsNetExcludingGoodwill`	$570.00M	USD	Point-in-time
Preferred stock, outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$306.00M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$327.00M	USD	Point-in-time
Total long-term assets	`AssetsNoncurrent`	$6.78B	USD	Point-in-time
Total long-term assets	`AssetsNoncurrent`	$6.79B	USD	Point-in-time
Total assets	`Assets`	$9.22B	USD	Point-in-time
Total assets	`Assets`	$9.09B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$652.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$717.00M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$995.00M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$908.00M	USD	Point-in-time
Current debt	`DebtCurrent`	$67.00M	USD	Point-in-time
Current debt	`DebtCurrent`	$84.00M	USD	Point-in-time
Current operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$568.00M	USD	Point-in-time
Current operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$560.00M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$209.00M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$193.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.42B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.53B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$1.74B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$1.70B	USD	Point-in-time
Long-term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$1.85B	USD	Point-in-time
Long-term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$1.80B	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$453.00M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$417.00M	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$4.01B	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$3.95B	USD	Point-in-time
Commitments and contingencies (Note 11)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 11)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common Stock, $0.01 par value per share; 300,000 shares authorized, 118,889 and 118,728 issued and outstanding	`CommonStockValue`	$1.00M	USD	Point-in-time
Common Stock, $0.01 par value per share; 300,000 shares authorized, 118,889 and 118,728 issued and outstanding	`CommonStockValue`	$1.00M	USD	Point-in-time
Preferred Stock, $0.01 par value per share; 10,000 shares authorized, none issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred Stock, $0.01 par value per share; 10,000 shares authorized, none issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$2.58B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$2.58B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$348.00M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$323.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-244.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-254.00M	USD	Point-in-time
Total stockholders equity before noncontrolling interests	`StockholdersEquity`	$2.69B	USD	Point-in-time
Total stockholders equity before noncontrolling interests	`StockholdersEquity`	$2.65B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$33.00M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$34.00M	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`	$2.68B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.72B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$9.09B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$9.22B	USD	Point-in-time

Income Statement 36 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.32B	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.08B	USD	1 Quarter
Direct operating expense	`DirectOperatingCosts`	$1.91B	USD	1 Quarter
Direct operating expense	`DirectOperatingCosts`	$1.75B	USD	1 Quarter
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$258.00M	USD	1 Quarter
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$190.00M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$76.00M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$83.00M	USD	1 Quarter
Transaction and integration costs	`SpinoffTransactionAndIntegrationCosts`	$13.00M	USD	1 Quarter
Transaction and integration costs	`SpinoffTransactionAndIntegrationCosts`	$19.00M	USD	1 Quarter
Restructuring costs and other	`RestructuringCharges`	$21.00M	USD	1 Quarter
Restructuring costs and other	`RestructuringCharges`	$13.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$42.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$37.00M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncome`	-	USD	1 Quarter
Other income, net	`OtherNonoperatingIncome`	$16.00M	USD	1 Quarter
Interest expense, net	`InterestExpense`	$13.00M	USD	1 Quarter
Interest expense, net	`InterestExpense`	$4.00M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$29.00M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$49.00M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$11.00M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$3.00M	USD	1 Quarter
Net income	`ProfitLoss`	$38.00M	USD	1 Quarter
Net income	`ProfitLoss`	$26.00M	USD	1 Quarter
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.00M	USD	1 Quarter
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.00M	USD	1 Quarter
Net income attributable to GXO	`NetIncomeLoss`	$37.00M	USD	1 Quarter
Net income attributable to GXO	`NetIncomeLoss`	$25.00M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.32	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.21	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.21	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.32	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	114.73M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	118.78M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	119.23M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	115.57M	shares	1 Quarter

Cash Flow Statement 50 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$38.00M	USD	1 Quarter
Net income	`ProfitLoss`	$26.00M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$76.00M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$83.00M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$6.00M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$9.00M	USD	1 Quarter
Deferred tax expense (benefit)	`DeferredIncomeTaxExpenseBenefit`	$-7.00M	USD	1 Quarter
Deferred tax expense (benefit)	`DeferredIncomeTaxExpenseBenefit`	$3.00M	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$-9.00M	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$-4.00M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-57.00M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$33.00M	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$7.00M	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-11.00M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-39.00M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-49.00M	USD	1 Quarter
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-2.00M	USD	1 Quarter
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-100.00M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$39.00M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$46.00M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$91.00M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$65.00M	USD	1 Quarter
Proceeds from sales of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$9.00M	USD	1 Quarter
Proceeds from sales of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$3.00M	USD	1 Quarter
Other	`PaymentsForProceedsFromOtherInvestingActivities`	-	USD	1 Quarter
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$-18.00M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-44.00M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-82.00M	USD	1 Quarter
Repayments of debt, net	`RepaymentsOfDebt`	$21.00M	USD	1 Quarter
Repayments of debt, net	`RepaymentsOfDebt`	-	USD	1 Quarter
Repayments of finance lease obligations	`RepaymentsOfFinanceLeaseObligations`	$8.00M	USD	1 Quarter
Repayments of finance lease obligations	`RepaymentsOfFinanceLeaseObligations`	$9.00M	USD	1 Quarter
Taxes paid related to stock-based compensation awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$11.00M	USD	1 Quarter
Taxes paid related to stock-based compensation awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$4.00M	USD	1 Quarter
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$2.00M	USD	1 Quarter
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$4.00M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-29.00M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-18.00M	USD	1 Quarter
Effect of exchange rates on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-5.00M	USD	1 Quarter
Effect of exchange rates on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.00M	USD	1 Quarter
Net decrease in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-21.00M	USD	1 Quarter
Net decrease in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-69.00M	USD	1 Quarter
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$495.00M	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`	$333.00M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$426.00M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$495.00M	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`	$333.00M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$426.00M	USD	Point-in-time

Stockholders Equity 17 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.38B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.39B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.68B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.72B	USD	Point-in-time
Net income	`ProfitLoss`	$38.00M	USD	1 Quarter
Net income	`ProfitLoss`	$26.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$10.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-45.00M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$6.00M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$9.00M	USD	1 Quarter
Tax withholding on vesting of stock-based compensation awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$11.00M	USD	1 Quarter
Tax withholding on vesting of stock-based compensation awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$4.00M	USD	1 Quarter
Deconsolidation of variable interest entity	`NoncontrollingInterestDecreaseFromDeconsolidation`	$3.00M	USD	1 Quarter
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.38B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.39B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.68B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.72B	USD	Point-in-time

Comprehensive Income 18 line items

Line Item	Tag	Value	Unit	Period
Foreign currency translation gain (loss), tax	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	-	USD	1 Quarter
Net income	`ProfitLoss`	$38.00M	USD	1 Quarter
Net income	`ProfitLoss`	$26.00M	USD	1 Quarter
Foreign currency translation gain (loss), tax	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$3.00M	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 gain (loss), net of tax of $3 and $0	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-45.00M	USD	1 Quarter
Foreign currency translation gain (loss), net of tax of $3 and $0	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$13.00M	USD	1 Quarter
Unrealized loss on cash flow hedges, net of tax of $1 and $0	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-3.00M	USD	1 Quarter
Unrealized loss on cash flow hedges, net of tax of $1 and $0	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	-	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$10.00M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-45.00M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$36.00M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-7.00M	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 income (loss) attributable to GXO	`ComprehensiveIncomeNetOfTax`	$35.00M	USD	1 Quarter
Comprehensive income (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.