$USFD
US Foods Holding Corp. Stock $usfd

$usfd Overview Financials Valuation SEC Filings Company Website

2024 Q2 Form 10-Q Financial Statement

#000166591824000101 Filed on May 09, 2024

Income Statement

Concept	2024 Q2	2024 Q1
Revenue	$9.709B	$8.949B
YoY Change	13.66%
Cost Of Revenue	$8.003B	$7.454B
YoY Change	12.45%
Gross Profit	$1.706B	$1.495B
YoY Change	19.72%
Gross Profit Margin	17.57%	16.71%
Selling, General & Admin	$1.354B	$1.317B
YoY Change	9.37%
% of Gross Profit	79.37%	88.09%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$96.00M	$105.0M
YoY Change	-2.04%
% of Gross Profit	5.63%	7.02%
Operating Expenses	$1.353B	$1.330B
YoY Change	9.29%
Operating Profit	$353.0M	$165.0M
YoY Change	88.77%
Interest Expense	-$81.00M	$79.00M
YoY Change	-200.0%
% of Operating Profit	-22.95%	47.88%
Other Income/Expense, Net	-$3.000M	$1.000M
YoY Change	-400.0%
Pretax Income	$269.0M	$87.00M
YoY Change	151.4%
Income Tax	$71.00M	$5.000M
% Of Pretax Income	26.39%	5.75%
Net Earnings	$198.0M	$82.00M
YoY Change	141.46%
Net Earnings / Revenue	2.04%	0.92%
Basic Earnings Per Share	$0.81	$0.33
Diluted Earnings Per Share	$0.80	$0.33
COMMON SHARES
Basic Shares Outstanding	245.9M shares	244.9M shares
Diluted Shares Outstanding	248.0M shares	248.0M shares

Balance Sheet

Concept	2024 Q2	2024 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$405.0M	$267.0M
YoY Change	38.7%
Cash & Equivalents	$405.0M	$267.0M
Short-Term Investments
Other Short-Term Assets	$17.00M	$19.00M
YoY Change	-26.09%
Inventory	$1.593B	$1.620B
Prepaid Expenses	$131.0M	$152.0M
Receivables	$2.000B	$2.000B
Other Receivables	$212.0M	$210.0M
Total Short-Term Assets	$4.334B	$4.234B
YoY Change	5.86%
LONG-TERM ASSETS
Property, Plant & Equipment	$2.359B	$2.303B
YoY Change	8.61%
Goodwill	$5.779B	$5.697B
YoY Change	2.74%
Intangibles	$867.0M	$796.0M
YoY Change	12.02%
Long-Term Investments
YoY Change
Other Assets	$364.0M	$360.0M
YoY Change	-2.41%
Total Long-Term Assets	$9.369B	$9.156B
YoY Change	4.75%
TOTAL ASSETS
Total Short-Term Assets	$4.334B	$4.234B
Total Long-Term Assets	$9.369B	$9.156B
Total Assets	$13.70B	$13.39B
YoY Change	5.1%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$2.349B	$2.273B
YoY Change	10.07%
Accrued Expenses	$706.0M	$651.0M
YoY Change	17.28%
Deferred Revenue
YoY Change
Short-Term Debt	$193.0M	$198.0M
YoY Change	-3.02%
Long-Term Debt Due	$118.0M	$116.0M
YoY Change	0.85%
Total Short-Term Liabilities	$3.366B	$3.238B
YoY Change	10.29%
LONG-TERM LIABILITIES
Long-Term Debt	$4.589B	$4.585B
YoY Change	-2.22%
Other Long-Term Liabilities	$455.0M	$442.0M
YoY Change	3.88%
Total Long-Term Liabilities	$455.0M	$442.0M
YoY Change	3.88%
TOTAL LIABILITIES
Total Short-Term Liabilities	$3.366B	$3.238B
Total Long-Term Liabilities	$455.0M	$442.0M
Total Liabilities	$8.692B	$8.565B
YoY Change	2.43%
SHAREHOLDERS EQUITY
Retained Earnings	$1.789B	$1.591B
YoY Change	64.88%
Common Stock	$3.699B	$3.671B
YoY Change	15.09%
Preferred Stock
YoY Change
Treasury Stock (at cost)	$365.0M	$324.0M
YoY Change	660.42%
Treasury Stock Shares
Shareholders Equity	$5.011B	$4.825B
YoY Change
Total Liabilities & Shareholders Equity	$13.70B	$13.39B
YoY Change	5.1%

Cashflow Statement

Concept	2024 Q2	2024 Q1
OPERATING ACTIVITIES
Net Income	$198.0M	$82.00M
YoY Change	141.46%
Depreciation, Depletion And Amortization	$96.00M	$105.0M
YoY Change	-2.04%
Cash From Operating Activities	$482.0M	$139.0M
YoY Change	72.76%
INVESTING ACTIVITIES
Capital Expenditures	$69.00M	$87.00M
YoY Change	13.11%
Acquisitions
YoY Change
Other Investing Activities	-$213.0M	$1.000M
YoY Change	-21400.0%
Cash From Investing Activities	-$282.0M	-$86.00M
YoY Change	370.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-62.00M	-$55.00M
YoY Change	-55.07%
NET CHANGE
Cash From Operating Activities	482.0M	$139.0M
Cash From Investing Activities	-282.0M	-$86.00M
Cash From Financing Activities	-62.00M	-$55.00M
Net Change In Cash	138.0M	-$2.000M
YoY Change	70.37%
FREE CASH FLOW
Cash From Operating Activities	$482.0M	$139.0M
Capital Expenditures	$69.00M	$87.00M
Free Cash Flow	$413.0M	$52.00M
YoY Change	89.45%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2024Q1	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax	-2000000	usd
CY2024Q1	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	7454000000	usd
CY2023Q2	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	7117000000	usd
CY2024Q1	us-gaap	Gross Profit GrossProfit	1495000000	usd
CY2023Q2	us-gaap	Gross Profit GrossProfit	1425000000	usd
CY2024Q1	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	1317000000	usd
CY2023Q2	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	1238000000	usd
CY2024Q1	us-gaap	Restructuring Costs RestructuringCosts	13000000	usd
CY2023Q2	us-gaap	Restructuring Costs RestructuringCosts	0	usd
CY2024Q1	us-gaap	Operating Expenses OperatingExpenses	1330000000	usd
CY2023Q2	us-gaap	Operating Expenses OperatingExpenses	1238000000	usd
CY2024Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	165000000	usd
CY2023Q2	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment	1000000	usd
CY2024Q1	us-gaap	Other Amortization Of Deferred Charges OtherAmortizationOfDeferredCharges	3000000	usd
CY2023Q2	us-gaap	Other Amortization Of Deferred Charges OtherAmortizationOfDeferredCharges	7000000	usd
CY2024Q1	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	5000000	usd
CY2023Q2	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	5000000	usd
CY2023Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	187000000	usd
CY2024Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	1000000	usd
CY2023Q2	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	1000000	usd
CY2024Q1	us-gaap	Interest Expense InterestExpense	79000000	usd
CY2023Q2	us-gaap	Interest Expense InterestExpense	81000000	usd
CY2024Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	87000000	usd
CY2023Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	107000000	usd
CY2024Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	5000000	usd
CY2023Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	25000000	usd
CY2024Q1	us-gaap	Net Income Loss NetIncomeLoss	82000000	usd
CY2023Q2	us-gaap	Net Income Loss NetIncomeLoss	82000000	usd
CY2024Q1	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax	-2000000	usd
CY2023Q2	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax	-1000000	usd
CY2024Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	84000000	usd
CY2023Q2	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	83000000	usd
CY2024Q1	us-gaap	Net Income Loss NetIncomeLoss	82000000	usd
CY2023Q2	us-gaap	Net Income Loss NetIncomeLoss	82000000	usd
CY2024Q1	us-gaap	Preferred Stock Dividends And Other Adjustments PreferredStockDividendsAndOtherAdjustments	0	usd
CY2023Q2	us-gaap	Preferred Stock Dividends And Other Adjustments PreferredStockDividendsAndOtherAdjustments	7000000	usd
CY2024Q1	us-gaap	Net Income Loss From Continuing Operations Available To Common Shareholders Basic NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersBasic	82000000	usd
CY2023Q2	us-gaap	Net Income Loss From Continuing Operations Available To Common Shareholders Basic NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersBasic	75000000	usd
CY2024Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.33
CY2023Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.33
CY2024Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.33
CY2023Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.32
CY2024Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	245000000	shares
CY2023Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	226000000	shares
CY2024Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	248000000	shares
CY2023Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	252000000	shares
CY2023Q4	us-gaap	Stockholders Equity StockholdersEquity	4749000000	usd
CY2024Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	15000000	usd
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CY2024Q1	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	13000000	usd
CY2024Q1	us-gaap	Stockholders Equity StockholdersEquity	4825000000	usd
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CY2023Q2	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	14000000	usd
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CY2023Q2	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	11000000	usd
CY2023Q2	us-gaap	Stock Issued During Period Value Conversion Of Convertible Securities StockIssuedDuringPeriodValueConversionOfConvertibleSecurities	161000000	usd
CY2023Q2	us-gaap	Dividends Preferred Stock DividendsPreferredStock	7000000	usd
CY2023Q2	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax	-1000000	usd
CY2023Q2	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	34000000	usd
CY2023Q2	us-gaap	Net Income Loss NetIncomeLoss	82000000	usd
CY2023Q2	us-gaap	Stockholders Equity StockholdersEquity	4179000000	usd
CY2024Q1	us-gaap	Net Income Loss NetIncomeLoss	82000000	usd
CY2023Q2	us-gaap	Net Income Loss NetIncomeLoss	82000000	usd
CY2024Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	105000000	usd
CY2023Q2	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	98000000	usd
CY2024Q1	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment	0	usd
CY2024Q1	us-gaap	Share Based Compensation ShareBasedCompensation	15000000	usd
CY2023Q2	us-gaap	Share Based Compensation ShareBasedCompensation	14000000	usd
CY2024Q1	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	7000000	usd
CY2023Q2	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	10000000	usd
CY2024Q1	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	173000000	usd
CY2023Q2	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	197000000	usd
CY2024Q1	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	20000000	usd
CY2023Q2	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	9000000	usd
CY2024Q1	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	1000000	usd
CY2023Q2	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-2000000	usd
CY2024Q1	usfd	Increase Decrease In Accounts Payable And Bank Checks Outstanding IncreaseDecreaseInAccountsPayableAndBankChecksOutstanding	221000000	usd
CY2023Q2	usfd	Increase Decrease In Accounts Payable And Bank Checks Outstanding IncreaseDecreaseInAccountsPayableAndBankChecksOutstanding	321000000	usd
CY2024Q1	us-gaap	Increase Decrease In Accrued Liabilities And Other Operating Liabilities IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities	-105000000	usd
CY2023Q2	us-gaap	Increase Decrease In Accrued Liabilities And Other Operating Liabilities IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities	-53000000	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	139000000	usd
CY2023Q2	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	279000000	usd
CY2024Q1	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	1000000	usd
CY2023Q2	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	1000000	usd
CY2024Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	87000000	usd
CY2023Q2	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	61000000	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-86000000	usd
CY2023Q2	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-60000000	usd
CY2024Q1	us-gaap	Repayments Of Long Term Debt And Capital Securities RepaymentsOfLongTermDebtAndCapitalSecurities	457000000	usd
CY2023Q2	us-gaap	Repayments Of Long Term Debt And Capital Securities RepaymentsOfLongTermDebtAndCapitalSecurities	111000000	usd
CY2024Q1	us-gaap	Payments Of Debt Restructuring Costs PaymentsOfDebtRestructuringCosts	14000000	usd
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CY2024Q1	us-gaap	Proceeds From Issuance Of Long Term Debt ProceedsFromIssuanceOfLongTermDebt	14000000	usd
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CY2024Q1	us-gaap	Proceeds From Other Debt ProceedsFromOtherDebt	426000000	usd
CY2023Q2	us-gaap	Proceeds From Other Debt ProceedsFromOtherDebt	13000000	usd
CY2024Q1	us-gaap	Payments Of Dividends Preferred Stock And Preference Stock PaymentsOfDividendsPreferredStockAndPreferenceStock	0	usd
CY2023Q2	us-gaap	Payments Of Dividends Preferred Stock And Preference Stock PaymentsOfDividendsPreferredStockAndPreferenceStock	7000000	usd
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CY2024Q1	us-gaap	Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans	5000000	usd
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CY2024Q1	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	20000000	usd
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CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	211000000	usd
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CY2023Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	292000000	usd
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CY2024Q1	usfd	Increase Decrease In Cost Of Goods Sold Due To Change In Inventory Lifo Reserve IncreaseDecreaseInCostOfGoodsSoldDueToChangeInInventoryLIFOReserve	45000000	usd
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CY2024Q1	us-gaap	Impairment Of Intangible Assets Indefinitelived Excluding Goodwill ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill	0	usd
CY2023Q2	us-gaap	Impairment Of Intangible Assets Indefinitelived Excluding Goodwill ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill	0	usd
CY2024Q1	usfd	Allowance For Doubtful Vendor Receivables Current AllowanceForDoubtfulVendorReceivablesCurrent	6000000	usd
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CY2023Q2	usfd	Allowance For Doubtful Vendor Receivables Current AllowanceForDoubtfulVendorReceivablesCurrent	8000000	usd
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CY2024Q1	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	3224000000	usd
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CY2024Q1	us-gaap	Depreciation Depreciation	93000000	usd
CY2023Q2	us-gaap	Depreciation Depreciation	87000000	usd
CY2024Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	12000000	usd
CY2023Q2	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	11000000	usd
CY2024Q1	us-gaap	Goodwill Goodwill	5697000000	usd
CY2023Q4	us-gaap	Goodwill Goodwill	5697000000	usd
CY2024Q1	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	796000000	usd
CY2023Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	803000000	usd
CY2024Q1	us-gaap	Cash And Cash Equivalents Fair Value Disclosure CashAndCashEquivalentsFairValueDisclosure	109000000	usd
CY2024Q1	us-gaap	Interest Rate Fair Value Hedge Derivative At Fair Value Net InterestRateFairValueHedgeDerivativeAtFairValueNet	1000000	usd
CY2023Q4	us-gaap	Cash And Cash Equivalents Fair Value Disclosure CashAndCashEquivalentsFairValueDisclosure	208000000	usd
CY2023Q4	us-gaap	Interest Rate Fair Value Hedge Derivative At Fair Value Net InterestRateFairValueHedgeDerivativeAtFairValueNet	1000000	usd
CY2024Q1	us-gaap	Derivative Number Of Instruments Held DerivativeNumberOfInstrumentsHeld	2	derivative
CY2024Q1	us-gaap	Derivative Term Of Contract DerivativeTermOfContract	P2Y
CY2024Q1	us-gaap	Derivative Notional Amount DerivativeNotionalAmount	450000000	usd
CY2024Q1	us-gaap	Long Term Debt Percentage Bearing Variable Interest Rate LongTermDebtPercentageBearingVariableInterestRate	0.24
CY2024Q1	us-gaap	Derivative Cap Interest Rate DerivativeCapInterestRate	0.05
CY2024Q1	us-gaap	Cash Flow Hedge Gain Loss To Be Reclassified Within Twelve Months CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonths	1000000	usd
CY2024Q1	us-gaap	Long Term Debt And Capital Lease Obligations Including Current Maturities LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities	4701000000	usd
CY2023Q4	us-gaap	Long Term Debt And Capital Lease Obligations Including Current Maturities LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities	4674000000	usd
CY2024Q1	us-gaap	Long Term Debt And Capital Lease Obligations Current LongTermDebtAndCapitalLeaseObligationsCurrent	116000000	usd
CY2023Q4	us-gaap	Long Term Debt And Capital Lease Obligations Current LongTermDebtAndCapitalLeaseObligationsCurrent	110000000	usd
CY2024Q1	us-gaap	Long Term Debt And Capital Lease Obligations LongTermDebtAndCapitalLeaseObligations	4585000000	usd
CY2023Q4	us-gaap	Long Term Debt And Capital Lease Obligations LongTermDebtAndCapitalLeaseObligations	4564000000	usd
CY2024Q1	usfd	Debt Instrument Percentage Of Principal Amount At Floating Rate DebtInstrumentPercentageOfPrincipalAmountAtFloatingRate	0.30
CY2024Q1	us-gaap	Derivative Cap Interest Rate DerivativeCapInterestRate	0.05
CY2024Q1	usfd	Debt Covenants Restricted Payment Capacity DebtCovenantsRestrictedPaymentCapacity	2000000000	usd
CY2024Q1	usfd	Restricted Assets RestrictedAssets	2800000000	usd
CY2024Q1	us-gaap	Restructuring Charges RestructuringCharges	13000000	usd
CY2024Q1	us-gaap	Restructuring Reserve RestructuringReserve	15000000	usd
CY2023Q4	us-gaap	Restructuring Reserve RestructuringReserve	7000000	usd
CY2023Q4	us-gaap	Restructuring Reserve RestructuringReserve	7000000	usd
CY2024Q1	us-gaap	Restructuring Charges RestructuringCharges	13000000	usd
CY2024Q1	us-gaap	Payments For Restructuring PaymentsForRestructuring	5000000	usd
CY2024Q1	us-gaap	Restructuring Reserve RestructuringReserve	15000000	usd
CY2024Q1	us-gaap	Defined Benefit Plan Service Cost DefinedBenefitPlanServiceCost	0	usd
CY2023Q2	us-gaap	Defined Benefit Plan Service Cost DefinedBenefitPlanServiceCost	0	usd
CY2024Q1	us-gaap	Defined Benefit Plan Interest Cost DefinedBenefitPlanInterestCost	5000000	usd
CY2023Q2	us-gaap	Defined Benefit Plan Interest Cost DefinedBenefitPlanInterestCost	10000000	usd
CY2024Q1	us-gaap	Defined Benefit Plan Expected Return On Plan Assets DefinedBenefitPlanExpectedReturnOnPlanAssets	5000000	usd
CY2023Q2	us-gaap	Defined Benefit Plan Expected Return On Plan Assets DefinedBenefitPlanExpectedReturnOnPlanAssets	12000000	usd
CY2024Q1	us-gaap	Defined Benefit Plan Amortization Of Gains Losses DefinedBenefitPlanAmortizationOfGainsLosses	-2000000	usd
CY2023Q2	us-gaap	Defined Benefit Plan Amortization Of Gains Losses DefinedBenefitPlanAmortizationOfGainsLosses	-1000000	usd
CY2024Q1	us-gaap	Defined Benefit Plan Net Periodic Benefit Cost DefinedBenefitPlanNetPeriodicBenefitCost	2000000	usd
CY2023Q2	us-gaap	Defined Benefit Plan Net Periodic Benefit Cost DefinedBenefitPlanNetPeriodicBenefitCost	-1000000	usd
CY2024Q1	us-gaap	Defined Contribution Plan Cost Recognized DefinedContributionPlanCostRecognized	21000000	usd
CY2023Q2	us-gaap	Defined Contribution Plan Cost Recognized DefinedContributionPlanCostRecognized	17000000	usd
CY2024Q1	us-gaap	Multiemployer Plan Employer Contribution Cost MultiemployerPlanEmployerContributionCost	15000000	usd
CY2023Q2	us-gaap	Multiemployer Plan Employer Contribution Cost MultiemployerPlanEmployerContributionCost	13000000	usd
CY2024Q1	us-gaap	Tax Adjustments Settlements And Unusual Provisions TaxAdjustmentsSettlementsAndUnusualProvisions	15000000	usd
CY2024Q1	us-gaap	Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount	-6000000	usd
CY2024Q1	us-gaap	Income Tax Reconciliation Prior Year Income Taxes IncomeTaxReconciliationPriorYearIncomeTaxes	3000000	usd
CY2023Q2	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.23
CY2023Q2	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.21
CY2023Q2	us-gaap	Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount	-4000000	usd
CY2024Q1	us-gaap	Purchase Commitment Remaining Minimum Amount Committed PurchaseCommitmentRemainingMinimumAmountCommitted	1800000000	usd
CY2024Q1	us-gaap	Net Income Loss NetIncomeLoss	82000000	usd
CY2023Q2	us-gaap	Net Income Loss NetIncomeLoss	82000000	usd
CY2024Q1	us-gaap	Preferred Stock Dividends And Other Adjustments PreferredStockDividendsAndOtherAdjustments	0	usd
CY2023Q2	us-gaap	Preferred Stock Dividends And Other Adjustments PreferredStockDividendsAndOtherAdjustments	7000000	usd
CY2024Q1	us-gaap	Net Income Loss From Continuing Operations Available To Common Shareholders Basic NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersBasic	82000000	usd
CY2023Q2	us-gaap	Net Income Loss From Continuing Operations Available To Common Shareholders Basic NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersBasic	75000000	usd
CY2024Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	245000000	shares
CY2023Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	226000000	shares
CY2024Q1	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	3000000	shares
CY2023Q2	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	3000000	shares
CY2024Q1	us-gaap	Incremental Common Shares Attributable To Conversion Of Preferred Stock IncrementalCommonSharesAttributableToConversionOfPreferredStock	0	shares
CY2023Q2	us-gaap	Incremental Common Shares Attributable To Conversion Of Preferred Stock IncrementalCommonSharesAttributableToConversionOfPreferredStock	23000000	shares
CY2024Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	248000000	shares
CY2023Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	252000000	shares
CY2024Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.33
CY2023Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.33
CY2024Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.33
CY2023Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.32
CY2022Q4	us-gaap	Stock Repurchase Program Authorized Amount1 StockRepurchaseProgramAuthorizedAmount1	500000000	usd
CY2024Q1	us-gaap	Stock Repurchased During Period Shares StockRepurchasedDuringPeriodShares	283988	shares
CY2024Q1	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	13000000	usd
CY2024Q1	us-gaap	Stock Repurchase Program Remaining Authorized Repurchase Amount1 StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1	179000000	usd
CY2024Q1	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.06
CY2024Q1	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.21
CY2024Q1	us-gaap	Purchase Obligation Future Minimum Payments Remainder Of Fiscal Year PurchaseObligationFutureMinimumPaymentsRemainderOfFiscalYear	693000000	usd
CY2024Q1	us-gaap	Purchase Obligation Due In Next Twelve Months PurchaseObligationDueInNextTwelveMonths	946000000	usd
CY2024Q1	us-gaap	Purchase Obligation Due In Second Year PurchaseObligationDueInSecondYear	158000000	usd
CY2024Q1	us-gaap	Purchase Obligation Due In Third Year PurchaseObligationDueInThirdYear	0	usd
CY2024Q1	us-gaap	Purchase Obligation Due In Fourth Year PurchaseObligationDueInFourthYear	0	usd
CY2024Q1	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	1	segment
CY2024Q1	ecd	Non Rule10b51 Arr Adopted Flag NonRule10b51ArrAdoptedFlag	false
CY2024Q1	ecd	Rule10b51 Arr Adopted Flag Rule10b51ArrAdoptedFlag	false
CY2024Q1	ecd	Rule10b51 Arr Trmntd Flag Rule10b51ArrTrmntdFlag	false
CY2024Q1	ecd	Non Rule10b51 Arr Trmntd Flag NonRule10b51ArrTrmntdFlag	false

Files In Submission

Name	View Source	Status
0001665918-24-000101-index-headers.html	Edgar Link	pending
0001665918-24-000101-index.html	Edgar Link	pending
0001665918-24-000101.txt	Edgar Link	pending
0001665918-24-000101-xbrl.zip	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
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report.css	Edgar Link	pending
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usfd-20240330.htm	Edgar Link	pending
usfd-20240330.xsd	Edgar Link	pending
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usfd3302024ex102.htm	Edgar Link	pending
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usfd-20240330_def.xml	Edgar Link	unprocessable
usfd-20240330_lab.xml	Edgar Link	unprocessable
usfd-20240330_pre.xml	Edgar Link	unprocessable
usfd-20240330_htm.xml	Edgar Link	completed
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usfd-20240330_cal.xml	Edgar Link	unprocessable

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$USFD
US Foods Holding Corp. Stock $usfd

2024 Q2 Form 10-Q Financial Statement

#000166591824000101 Filed on May 09, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$USFD US Foods Holding Corp. Stock $usfd

2024 Q2 Form 10-Q Financial Statement

#000166591824000101 Filed on May 09, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$USFD
US Foods Holding Corp. Stock $usfd