10-Q Filing

GXO LOGISTICS, INC. CIK: 1852244 Q3 2023

Filing Information

Form Type	10-Q
Accession Number	`0001852244-23-000039`
Period End Date	20230930
Filing Date	20231108
Fiscal Year	2023
Fiscal Period	Q3
XBRL Instance	gxo-20230930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 89 Income Statement 72 Cash Flow Statement 69 Stockholders Equity 35 Comprehensive Income 44

Balance Sheet 89 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance for credit loss	`AllowanceForDoubtfulAccountsReceivableCurrent`	$18.00M	USD	Point-in-time
Accounts receivable, allowance for credit loss	`AllowanceForDoubtfulAccountsReceivableCurrent`	$12.00M	USD	Point-in-time
Property and equipment, accumulated depreciation	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization`	$1.46B	USD	Point-in-time
Property and equipment, accumulated depreciation	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization`	$1.30B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$434.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$473.00M	USD	Point-in-time
Identifiable intangible assets, accumulated amortization	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$507.00M	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 $18 and $12	`AccountsReceivableNetCurrent`	$1.66B	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 $18 and $12	`AccountsReceivableNetCurrent`	$1.65B	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$332.00M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	300.00M	shares	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
Total current assets	`AssetsCurrent`	$2.47B	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	118.73M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$2.43B	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	118.95M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	118.73M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	118.95M	shares	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 $1,463 and $1,297	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$960.00M	USD	Point-in-time
Property and equipment, net of accumulated depreciation of $1,463 and $1,297	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$923.00M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Operating lease assets	`OperatingLeaseRightOfUseAsset`	$2.13B	USD	Point-in-time
Operating lease assets	`OperatingLeaseRightOfUseAsset`	$2.23B	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
Preferred stock, issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Goodwill	`Goodwill`	$2.73B	USD	Point-in-time
Goodwill	`Goodwill`	$2.73B	USD	Point-in-time
Preferred stock, issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Intangible assets, net of accumulated amortization of $507 and $456	`IntangibleAssetsNetExcludingGoodwill`	$507.00M	USD	Point-in-time
Preferred stock, outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Intangible assets, net of accumulated amortization of $507 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`	$328.00M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$306.00M	USD	Point-in-time
Total long-term assets	`AssetsNoncurrent`	$6.62B	USD	Point-in-time
Total long-term assets	`AssetsNoncurrent`	$6.79B	USD	Point-in-time
Total assets	`Assets`	$9.09B	USD	Point-in-time
Total assets	`Assets`	$9.22B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$717.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$597.00M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$995.00M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$975.00M	USD	Point-in-time
Current debt	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$26.00M	USD	Point-in-time
Current debt	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$67.00M	USD	Point-in-time
Current operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$560.00M	USD	Point-in-time
Current operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$561.00M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$193.00M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$275.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.43B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.53B	USD	Point-in-time
Long-term debt	`LongTermDebtAndCapitalLeaseObligations`	$1.74B	USD	Point-in-time
Long-term debt	`LongTermDebtAndCapitalLeaseObligations`	$1.62B	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`	$417.00M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$419.00M	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$4.01B	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$3.84B	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, 118,951 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, 118,951 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`	$2.59B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$2.58B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$323.00M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$479.00M	USD	Point-in-time
Accumulated Other Comprehensive Income (Loss) (AOCIL)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-254.00M	USD	Point-in-time
Accumulated Other Comprehensive Income (Loss) (AOCIL)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-289.00M	USD	Point-in-time
Total stockholders equity before noncontrolling interests	`StockholdersEquity`	$2.78B	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`	$33.00M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.68B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.56B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.82B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.81B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.60B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.39B	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 72 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$6.53B	USD	3 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.29B	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$7.19B	USD	3 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.47B	USD	1 Quarter
Direct operating expense	`DirectOperatingCosts`	$2.01B	USD	1 Quarter
Direct operating expense	`DirectOperatingCosts`	$5.88B	USD	3 Qtrs
Direct operating expense	`DirectOperatingCosts`	$5.41B	USD	3 Qtrs
Direct operating expense	`DirectOperatingCosts`	$1.89B	USD	1 Quarter
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$258.00M	USD	1 Quarter
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$227.00M	USD	1 Quarter
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$761.00M	USD	3 Qtrs
Selling, general and administrative expense	`SellingGeneralAndAdministrativeExpense`	$637.00M	USD	3 Qtrs
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$242.00M	USD	3 Qtrs
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$101.00M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$89.00M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$268.00M	USD	3 Qtrs
Transaction and integration costs	`SpinoffTransactionAndIntegrationCosts`	$3.00M	USD	1 Quarter
Transaction and integration costs	`SpinoffTransactionAndIntegrationCosts`	$22.00M	USD	3 Qtrs
Transaction and integration costs	`SpinoffTransactionAndIntegrationCosts`	$57.00M	USD	3 Qtrs
Transaction and integration costs	`SpinoffTransactionAndIntegrationCosts`	$14.00M	USD	1 Quarter
Restructuring costs and other	`RestructuringCharges`	$14.00M	USD	3 Qtrs
Restructuring costs and other	`RestructuringCharges`	$7.00M	USD	1 Quarter
Restructuring costs and other	`RestructuringCharges`	$31.00M	USD	3 Qtrs
Restructuring costs and other	`RestructuringCharges`	-	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$72.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$231.00M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$168.00M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$90.00M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncome`	$7.00M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncome`	$56.00M	USD	3 Qtrs
Other income, net	`OtherNonoperatingIncome`	$17.00M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncome`	$8.00M	USD	3 Qtrs
Interest expense, net	`InterestExpense`	$41.00M	USD	3 Qtrs
Interest expense, net	`InterestExpense`	$19.00M	USD	3 Qtrs
Interest expense, net	`InterestExpense`	$14.00M	USD	1 Quarter
Interest expense, net	`InterestExpense`	$6.00M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$83.00M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$205.00M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$198.00M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$83.00M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$51.00M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$19.00M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$15.00M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$38.00M	USD	3 Qtrs
Net income	`ProfitLoss`	$68.00M	USD	1 Quarter
Net income	`ProfitLoss`	$64.00M	USD	1 Quarter
Net income	`ProfitLoss`	$154.00M	USD	3 Qtrs
Net income	`ProfitLoss`	$160.00M	USD	3 Qtrs
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$3.00M	USD	3 Qtrs
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.00M	USD	1 Quarter
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$2.00M	USD	1 Quarter
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$4.00M	USD	3 Qtrs
Net income attributable to GXO	`NetIncomeLoss`	$66.00M	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
Net income attributable to GXO	`NetIncomeLoss`	$156.00M	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.30	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.53	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.31	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.55	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.29	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.53	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.55	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.31	USD	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	118.62M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	118.94M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	116.51M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	118.88M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	119.43M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	117.11M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	119.64M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	119.06M	shares	1 Quarter

Cash Flow Statement 69 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$68.00M	USD	1 Quarter
Net income	`ProfitLoss`	$64.00M	USD	1 Quarter
Net income	`ProfitLoss`	$154.00M	USD	3 Qtrs
Net income	`ProfitLoss`	$160.00M	USD	3 Qtrs
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$242.00M	USD	3 Qtrs
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$101.00M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$89.00M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$268.00M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$24.00M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$25.00M	USD	3 Qtrs
Deferred tax expense (benefit)	`DeferredIncomeTaxExpenseBenefit`	-	USD	3 Qtrs
Deferred tax expense (benefit)	`DeferredIncomeTaxExpenseBenefit`	$-29.00M	USD	3 Qtrs
Other	`OtherNoncashIncomeExpense`	$-16.00M	USD	3 Qtrs
Other	`OtherNoncashIncomeExpense`	$4.00M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$22.00M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$23.00M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$39.00M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$28.00M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-69.00M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-68.00M	USD	3 Qtrs
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$34.00M	USD	3 Qtrs
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$18.00M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$316.00M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$343.00M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$205.00M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$239.00M	USD	3 Qtrs
Proceeds from sales of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$22.00M	USD	3 Qtrs
Proceeds from sales of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$13.00M	USD	3 Qtrs
Acquisition of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$874.00M	USD	3 Qtrs
Acquisition of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	3 Qtrs
Net proceeds from cross-currency swap agreements	`ProceedsFromDerivativeInstrumentInvestingActivities`	-	USD	3 Qtrs
Net proceeds from cross-currency swap agreements	`ProceedsFromDerivativeInstrumentInvestingActivities`	$26.00M	USD	3 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	-	USD	3 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$-9.00M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.06B	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-192.00M	USD	3 Qtrs
Proceeds from issuance of debt, net	`ProceedsFromIssuanceOfDebt`	$898.00M	USD	3 Qtrs
Proceeds from issuance of debt, net	`ProceedsFromIssuanceOfDebt`	-	USD	3 Qtrs
Repayments of debt, net	`RepaymentsOfDebt`	$139.00M	USD	3 Qtrs
Repayments of debt, net	`RepaymentsOfDebt`	-	USD	3 Qtrs
Repayments of finance lease obligations	`RepaymentsOfFinanceLeaseObligations`	$23.00M	USD	3 Qtrs
Repayments of finance lease obligations	`RepaymentsOfFinanceLeaseObligations`	$24.00M	USD	3 Qtrs
Taxes paid related to stock-based compensation awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$12.00M	USD	3 Qtrs
Taxes paid related to stock-based compensation awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$7.00M	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$863.00M	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-170.00M	USD	3 Qtrs
Effect of exchange rates on cash, restricted cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-2.00M	USD	3 Qtrs
Effect of exchange rates on cash, restricted cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-22.00M	USD	3 Qtrs
Net (decrease) increase in cash, restricted cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$101.00M	USD	3 Qtrs
Net (decrease) increase in cash, restricted cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-21.00M	USD	3 Qtrs
Cash, restricted cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$434.00M	USD	Point-in-time
Cash, restricted cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$474.00M	USD	Point-in-time
Cash, restricted cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$333.00M	USD	Point-in-time
Cash, restricted cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$495.00M	USD	Point-in-time
Cash, restricted cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$434.00M	USD	Point-in-time
Cash, restricted cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$474.00M	USD	Point-in-time
Cash, restricted cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$333.00M	USD	Point-in-time
Cash, restricted cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$495.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$434.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$473.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$495.00M	USD	Point-in-time
Restricted Cash (included in Other long-term assets)	`RestrictedCash`	$1.00M	USD	Point-in-time
Restricted Cash (included in Other long-term assets)	`RestrictedCash`	-	USD	Point-in-time
Total cash, restricted cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$434.00M	USD	Point-in-time
Total cash, restricted cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$474.00M	USD	Point-in-time
Total cash, restricted cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$333.00M	USD	Point-in-time
Total cash, restricted cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$495.00M	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 35 line items

Line Item	Tag	Value	Unit	Period
Beginning balance (in shares)	`CommonStockSharesOutstanding`	118.73M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	118.95M	shares	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.68B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.56B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.82B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.81B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.60B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.39B	USD	Point-in-time
Net income	`ProfitLoss`	$68.00M	USD	1 Quarter
Net income	`ProfitLoss`	$64.00M	USD	1 Quarter
Net income	`ProfitLoss`	$154.00M	USD	3 Qtrs
Net income	`ProfitLoss`	$160.00M	USD	3 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-68.00M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-154.00M	USD	3 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-34.00M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-36.00M	USD	3 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$25.00M	USD	3 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$8.00M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$24.00M	USD	3 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$7.00M	USD	1 Quarter
Tax withholding on vesting of stock-based compensation awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$12.00M	USD	3 Qtrs
Tax withholding on vesting of stock-based compensation awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.00M	USD	1 Quarter
Tax withholding on vesting of stock-based compensation awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$7.00M	USD	3 Qtrs
Dividends	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$3.00M	USD	3 Qtrs
Dividends	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$3.00M	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
Ending balance (in shares)	`CommonStockSharesOutstanding`	118.73M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	118.95M	shares	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.68B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.56B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.82B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.81B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.60B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.39B	USD	Point-in-time

Comprehensive Income 44 line items

Line Item	Tag	Value	Unit	Period
Foreign currency translation gain (loss), tax	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	-	USD	3 Qtrs
Net income	`ProfitLoss`	$68.00M	USD	1 Quarter
Net income	`ProfitLoss`	$64.00M	USD	1 Quarter
Foreign currency translation gain (loss), tax	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$32.00M	USD	3 Qtrs
Foreign currency translation gain (loss), tax	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$22.00M	USD	1 Quarter
Net income	`ProfitLoss`	$154.00M	USD	3 Qtrs
Net income	`ProfitLoss`	$160.00M	USD	3 Qtrs
Foreign currency translation gain (loss), tax	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$9.00M	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`	$1.00M	USD	3 Qtrs
Unrealized gain (loss) on financial assets/liabilities designated as hedging instruments, tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax`	$2.00M	USD	1 Quarter
Unrealized gain (loss) on financial assets/liabilities designated as hedging instruments, tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax`	$2.00M	USD	3 Qtrs
Foreign currency translation loss, net of tax expense of $(9), $(22), $0 and $(32)	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-39.00M	USD	3 Qtrs
Defined benefit plans, amortization of net loss, tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax`	-	USD	3 Qtrs
Defined benefit plans, amortization of net loss, tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax`	-	USD	1 Quarter
Foreign currency translation loss, net of tax expense of $(9), $(22), $0 and $(32)	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-69.00M	USD	1 Quarter
Defined benefit plans, amortization of net loss, tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax`	-	USD	3 Qtrs
Foreign currency translation loss, net of tax expense of $(9), $(22), $0 and $(32)	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-43.00M	USD	1 Quarter
Foreign currency translation loss, net of tax expense of $(9), $(22), $0 and $(32)	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-163.00M	USD	3 Qtrs
Defined benefit plans, amortization of net loss, tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax`	-	USD	1 Quarter
Net unrealized gain on cash flow hedges, net of tax expense of $(1), $(2), $(1) and $(2)	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$9.00M	USD	3 Qtrs
Net unrealized gain on cash flow hedges, net of tax expense of $(1), $(2), $(1) and $(2)	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$1.00M	USD	3 Qtrs
Net unrealized gain on cash flow hedges, net of tax expense of $(1), $(2), $(1) and $(2)	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$9.00M	USD	1 Quarter
Net unrealized gain on cash flow hedges, net of tax expense of $(1), $(2), $(1) and $(2)	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	-	USD	1 Quarter
Defined benefit plans, amortization of net loss, net of tax of $0, $0, $0 and $0	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-2.00M	USD	3 Qtrs
Defined benefit plans, amortization of net loss, net of tax of $0, $0, $0 and $0	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-1.00M	USD	1 Quarter
Defined benefit plans, amortization of net loss, net of tax of $0, $0, $0 and $0	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	-	USD	1 Quarter
Defined benefit plans, amortization of net loss, net of tax of $0, $0, $0 and $0	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	-	USD	3 Qtrs
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-68.00M	USD	1 Quarter
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-154.00M	USD	3 Qtrs
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-34.00M	USD	1 Quarter
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-36.00M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$124.00M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	-	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$30.00M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	-	USD	1 Quarter
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`	$3.00M	USD	3 Qtrs
Less: Comprehensive income (loss) attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Comprehensive income attributable to GXO	`ComprehensiveIncomeNetOfTax`	$121.00M	USD	3 Qtrs
Comprehensive income attributable to GXO	`ComprehensiveIncomeNetOfTax`	$1.00M	USD	3 Qtrs
Comprehensive income attributable to GXO	`ComprehensiveIncomeNetOfTax`	$31.00M	USD	1 Quarter
Comprehensive income attributable to GXO	`ComprehensiveIncomeNetOfTax`	-	USD	1 Quarter

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