2021 Q4 Form 10-K Financial Statement

#000116600322000024 Filed on February 16, 2022

View on sec.gov

Income Statement

Concept 2021 Q4 2021 Q3 2021
Revenue $3.361B $3.270B $12.81B
YoY Change 14.4% 22.24% 25.56%
Cost Of Revenue $2.400B $2.306B $8.945B
YoY Change 5.49% 27.12% 13.92%
Gross Profit $961.0M $964.0M $3.861B
YoY Change -59.79% 11.96% 64.51%
Gross Profit Margin 28.59% 29.48% 30.15%
Selling, General & Admin $321.0M $339.0M $1.322B
YoY Change -37.55% 15.31% 9.26%
% of Gross Profit 33.4% 35.17% 34.24%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $119.0M $118.0M $388.0M
YoY Change -38.66% -38.86% 1.57%
% of Gross Profit 12.38% 12.24% 10.05%
Operating Expenses $773.0M $339.0M $1.322B
YoY Change -64.2% 15.31% 9.26%
Operating Profit $174.0M $112.0M $616.0M
YoY Change 13.73% -18.84% 170.18%
Interest Expense -$35.00M $53.00M $211.0M
YoY Change -59.77% -34.57% -31.27%
% of Operating Profit -20.11% 47.32% 34.25%
Other Income/Expense, Net $14.00M $15.00M $57.00M
YoY Change -30.0% 25.0% 39.02%
Pretax Income $153.0M $32.00M $410.0M
YoY Change -4.97% -52.94% -1271.43%
Income Tax $27.00M $11.00M $87.00M
% Of Pretax Income 17.65% 34.38% 21.22%
Net Earnings $122.0M -$57.00M $336.0M
YoY Change -4.69% -161.29% 205.45%
Net Earnings / Revenue 3.63% -1.74% 2.62%
Basic Earnings Per Share $1.06 -$0.50 $2.99
Diluted Earnings Per Share $1.05 -$0.49 $2.93
COMMON SHARES
Basic Shares Outstanding 114.7M shares 115.0M shares 112.0M shares
Diluted Shares Outstanding 116.0M shares 114.0M shares

Balance Sheet

Concept 2021 Q4 2021 Q3 2021
SHORT-TERM ASSETS
Cash & Short-Term Investments $260.0M $254.0M $260.0M
YoY Change -87.34% -87.46% -87.34%
Cash & Equivalents $260.0M $254.0M $260.0M
Short-Term Investments
Other Short-Term Assets $286.0M $284.0M $312.0M
YoY Change -5.61% -34.71% -27.44%
Inventory
Prepaid Expenses
Receivables $2.105B $1.987B $2.105B
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $2.677B $2.550B $2.677B
YoY Change -50.22% -49.84% -50.15%
LONG-TERM ASSETS
Property, Plant & Equipment $1.808B $1.821B $2.716B
YoY Change -4.39% -29.23% -45.01%
Goodwill $2.479B $2.493B
YoY Change -2.25% -44.67%
Intangibles $580.0M $603.0M
YoY Change -14.07% -39.34%
Long-Term Investments
YoY Change
Other Assets $255.0M $237.0M $255.0M
YoY Change 36.36% -35.42% -11.15%
Total Long-Term Assets $6.030B $5.983B $6.030B
YoY Change -44.16% -43.88% -44.16%
TOTAL ASSETS
Total Short-Term Assets $2.677B $2.550B $2.677B
Total Long-Term Assets $6.030B $5.983B $6.030B
Total Assets $8.707B $8.533B $8.707B
YoY Change -46.18% -45.81% -46.15%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.110B $963.0M $1.110B
YoY Change 29.98% -6.05% -11.55%
Accrued Expenses $1.277B $1.352B $1.277B
YoY Change -44.41% -41.62% -44.41%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $58.00M $56.00M $58.00M
YoY Change -95.67% -56.92% -95.67%
Total Short-Term Liabilities $2.538B $2.527B $2.538B
YoY Change -50.82% -30.73% -50.75%
LONG-TERM LIABILITIES
Long-Term Debt $3.514B $3.515B $3.514B
YoY Change -32.94% -46.29% -34.55%
Other Long-Term Liabilities $327.0M $366.0M $1.201B
YoY Change -14.84% 3.68% -50.52%
Total Long-Term Liabilities $5.031B $4.990B $4.715B
YoY Change -38.4% -46.41% -39.52%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.538B $2.527B $2.538B
Total Long-Term Liabilities $5.031B $4.990B $4.715B
Total Liabilities $7.569B $7.517B $7.569B
YoY Change -43.21% -42.0% -43.77%
SHAREHOLDERS EQUITY
Retained Earnings $43.00M -$79.00M
YoY Change -95.05% -110.31%
Common Stock $0.00 $0.00
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.138B $1.016B $1.138B
YoY Change
Total Liabilities & Shareholders Equity $8.707B $8.533B $8.707B
YoY Change -46.18% -45.81% -46.15%

Cashflow Statement

Concept 2021 Q4 2021 Q3 2021
OPERATING ACTIVITIES
Net Income $122.0M -$57.00M $336.0M
YoY Change -4.69% -161.29% 205.45%
Depreciation, Depletion And Amortization $119.0M $118.0M $388.0M
YoY Change -38.66% -38.86% 1.57%
Cash From Operating Activities $95.00M $87.00M $656.0M
YoY Change -50.78% -70.81% 69.07%
INVESTING ACTIVITIES
Capital Expenditures -$101.0M -$77.00M $313.0M
YoY Change -32.21% -36.89% 3.3%
Acquisitions
YoY Change
Other Investing Activities $60.00M -$134.0M $3.000M
YoY Change 275.0% -291.43% -175.0%
Cash From Investing Activities -$41.00M -$211.0M -$184.0M
YoY Change -69.17% 305.77% 58.62%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -50.00M -416.0M -$1.932B
YoY Change 8.7% -19.85% -267.42%
NET CHANGE
Cash From Operating Activities 95.00M 87.00M $656.0M
Cash From Investing Activities -41.00M -211.0M -$184.0M
Cash From Financing Activities -50.00M -416.0M -$1.932B
Net Change In Cash 4.000M -540.0M -$1.792B
YoY Change -71.43% 97.8% -206.79%
FREE CASH FLOW
Cash From Operating Activities $95.00M $87.00M $656.0M
Capital Expenditures -$101.0M -$77.00M $313.0M
Free Cash Flow $196.0M $164.0M $343.0M
YoY Change -42.69% -60.95% 303.53%

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CY2020 xpo Transaction And Integration Costs
TransactionAndIntegrationCosts
75000000 USD
CY2019 xpo Transaction And Integration Costs
TransactionAndIntegrationCosts
5000000 USD
CY2021 us-gaap Restructuring Costs
RestructuringCosts
19000000 USD
CY2020 us-gaap Restructuring Costs
RestructuringCosts
31000000 USD
CY2019 us-gaap Restructuring Costs
RestructuringCosts
35000000 USD
CY2021 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
323000000 USD
CY2020 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-13000000 USD
CY2019 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
241000000 USD
CY2021 us-gaap Depreciation And Amortization
DepreciationAndAmortization
476000000 USD
CY2020 us-gaap Depreciation And Amortization
DepreciationAndAmortization
470000000 USD
CY2019 us-gaap Depreciation And Amortization
DepreciationAndAmortization
467000000 USD
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
12806000000 USD
CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
10199000000 USD
CY2019 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
10681000000 USD
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
12806000000 USD
CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
10199000000 USD
CY2019 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
10681000000 USD
CY2021Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
124000000 USD
CY2021Q4 us-gaap Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
0.86
CY2021Q4 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
P3Y
CY2020Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1646000000 USD
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1808000000 USD
CY2020Q4 us-gaap Restructuring Reserve
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13000000 USD
CY2021 us-gaap Restructuring Charges
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19000000 USD
CY2021 us-gaap Payments For Restructuring
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17000000 USD
CY2021 us-gaap Restructuring Reserve Translation Adjustment
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0 USD
CY2021Q4 us-gaap Restructuring Reserve
RestructuringReserve
15000000 USD
CY2019Q4 us-gaap Restructuring Reserve
RestructuringReserve
15000000 USD
CY2020 us-gaap Restructuring Charges
RestructuringCharges
31000000 USD
CY2020 us-gaap Payments For Restructuring
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31000000 USD
CY2020 us-gaap Restructuring Reserve Translation Adjustment
RestructuringReserveTranslationAdjustment
2000000 USD
CY2020Q4 us-gaap Restructuring Reserve
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13000000 USD
CY2021Q4 us-gaap Property Plant And Equipment Gross
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3636000000 USD
CY2020Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
3537000000 USD
CY2020Q4 us-gaap Property Plant And Equipment Net
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1891000000 USD
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1828000000 USD
CY2021Q4 us-gaap Capitalized Computer Software Net
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230000000 USD
CY2020Q4 us-gaap Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
248000000 USD
CY2021 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
388000000 USD
CY2020 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
382000000 USD
CY2019 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
370000000 USD
CY2021 us-gaap Operating Lease Cost
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235000000 USD
CY2020 us-gaap Operating Lease Cost
OperatingLeaseCost
221000000 USD
CY2019 us-gaap Operating Lease Cost
OperatingLeaseCost
197000000 USD
CY2021 us-gaap Short Term Lease Cost
ShortTermLeaseCost
150000000 USD
CY2020 us-gaap Short Term Lease Cost
ShortTermLeaseCost
86000000 USD
CY2019 us-gaap Short Term Lease Cost
ShortTermLeaseCost
88000000 USD
CY2021 us-gaap Variable Lease Cost
VariableLeaseCost
32000000 USD
CY2020 us-gaap Variable Lease Cost
VariableLeaseCost
29000000 USD
CY2019 us-gaap Variable Lease Cost
VariableLeaseCost
25000000 USD
CY2021 xpo Operating Lease Cost Total
OperatingLeaseCostTotal
417000000 USD
CY2020 xpo Operating Lease Cost Total
OperatingLeaseCostTotal
336000000 USD
CY2019 xpo Operating Lease Cost Total
OperatingLeaseCostTotal
310000000 USD
CY2021 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
53000000 USD
CY2020 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
43000000 USD
CY2019 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
43000000 USD
CY2021 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
5000000 USD
CY2020 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
5000000 USD
CY2019 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
5000000 USD
CY2021 xpo Finance Lease Cost Total
FinanceLeaseCostTotal
58000000 USD
CY2020 xpo Finance Lease Cost Total
FinanceLeaseCostTotal
48000000 USD
CY2019 xpo Finance Lease Cost Total
FinanceLeaseCostTotal
48000000 USD
CY2021 us-gaap Lease Cost
LeaseCost
475000000 USD
CY2020 us-gaap Lease Cost
LeaseCost
384000000 USD
CY2019 us-gaap Lease Cost
LeaseCost
358000000 USD
CY2021 us-gaap Sale And Leaseback Transaction Gain Loss Net
SaleAndLeasebackTransactionGainLossNet
69000000 USD
CY2020 us-gaap Sale And Leaseback Transaction Gain Loss Net
SaleAndLeasebackTransactionGainLossNet
84000000 USD
CY2019 us-gaap Sale And Leaseback Transaction Gain Loss Net
SaleAndLeasebackTransactionGainLossNet
93000000 USD
CY2021 xpo Proceeds From Sale Leaseback Transactions
ProceedsFromSaleLeasebackTransactions
96000000 USD
CY2020 xpo Proceeds From Sale Leaseback Transactions
ProceedsFromSaleLeasebackTransactions
143000000 USD
CY2019 xpo Proceeds From Sale Leaseback Transactions
ProceedsFromSaleLeasebackTransactions
199000000 USD
CY2021Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
908000000 USD
CY2020Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
844000000 USD
CY2021Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
170000000 USD
CY2020Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
152000000 USD
CY2021Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
752000000 USD
CY2020Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
696000000 USD
CY2021Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
922000000 USD
CY2020Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
848000000 USD
CY2021Q4 us-gaap Finance Lease Right Of Use Asset Before Accumulated Amortization
FinanceLeaseRightOfUseAssetBeforeAccumulatedAmortization
403000000 USD
CY2020Q4 us-gaap Finance Lease Right Of Use Asset Before Accumulated Amortization
FinanceLeaseRightOfUseAssetBeforeAccumulatedAmortization
392000000 USD
CY2021Q4 us-gaap Finance Lease Right Of Use Asset Accumulated Amortization
FinanceLeaseRightOfUseAssetAccumulatedAmortization
156000000 USD
CY2020Q4 us-gaap Finance Lease Right Of Use Asset Accumulated Amortization
FinanceLeaseRightOfUseAssetAccumulatedAmortization
135000000 USD
CY2021 us-gaap Operating Lease Payments
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224000000 USD
CY2021Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
247000000 USD
CY2020Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
257000000 USD
CY2021Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
57000000 USD
CY2020Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
59000000 USD
CY2021Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
180000000 USD
CY2020Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
193000000 USD
CY2021Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
237000000 USD
CY2020Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
252000000 USD
CY2021Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P8Y
CY2020Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P7Y
CY2021Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P6Y
CY2020Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P6Y
CY2021Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0486
CY2020Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0526
CY2021Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.0198
CY2020Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.0233
CY2020 us-gaap Operating Lease Payments
OperatingLeasePayments
223000000 USD
CY2019 us-gaap Operating Lease Payments
OperatingLeasePayments
201000000 USD
CY2021 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
5000000 USD
CY2020 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
5000000 USD
CY2019 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
5000000 USD
CY2021 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
75000000 USD
CY2020 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
59000000 USD
CY2019 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
51000000 USD
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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271000000 USD
CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
268000000 USD
CY2019 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
344000000 USD
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
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71000000 USD
CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
46000000 USD
CY2019 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
53000000 USD
CY2021Q4 us-gaap Finance Lease Liability Payments Due Next Twelve Months
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61000000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
206000000 USD
CY2021Q4 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
56000000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
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189000000 USD
CY2021Q4 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
49000000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
151000000 USD
CY2021Q4 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
34000000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
113000000 USD
CY2021Q4 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
18000000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
88000000 USD
CY2021Q4 us-gaap Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
37000000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
373000000 USD
CY2021Q4 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
255000000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
1120000000 USD
CY2021Q4 us-gaap Finance Lease Liability Undiscounted Excess Amount
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18000000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
198000000 USD
CY2021Q4 us-gaap Finance Lease Liability
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237000000 USD
CY2021Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
922000000 USD
CY2021Q4 xpo Lessee Operating Lease Lease Not Yet Commenced Undiscounted Amount
LesseeOperatingLeaseLeaseNotYetCommencedUndiscountedAmount
11000000 USD
CY2019Q4 us-gaap Goodwill
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2474000000 USD
CY2020 us-gaap Goodwill Foreign Currency Translation Gain Loss
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62000000 USD
CY2020Q4 us-gaap Goodwill
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2536000000 USD
CY2021 us-gaap Goodwill Foreign Currency Translation Gain Loss
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CY2021Q4 us-gaap Goodwill
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2479000000 USD
CY2021Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
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0 USD
CY2021Q4 us-gaap Derivative Fair Value Of Derivative Asset
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CY2019 us-gaap Impairment Of Intangible Assets Excluding Goodwill
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6000000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
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75000000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
65000000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
64000000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
62000000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
62000000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
252000000 USD
CY2021 us-gaap Amortization Of Intangible Assets
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86000000 USD
CY2020 us-gaap Amortization Of Intangible Assets
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87000000 USD
CY2019 us-gaap Amortization Of Intangible Assets
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96000000 USD
CY2021Q4 us-gaap Derivative Fair Value Of Derivative Liability
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4000000 USD
CY2020Q4 us-gaap Derivative Fair Value Of Derivative Asset
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CY2020Q4 us-gaap Derivative Fair Value Of Derivative Liability
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113000000 USD
CY2021 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
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88000000 USD
CY2020 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
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-98000000 USD
CY2019 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
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67000000 USD
CY2021 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
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7000000 USD
CY2020 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
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-15000000 USD
CY2019 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
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5000000 USD
CY2021 us-gaap Derivative Excluded Component Gain Loss Recognized In Earnings
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6000000 USD
CY2020 us-gaap Derivative Excluded Component Gain Loss Recognized In Earnings
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9000000 USD
CY2019 us-gaap Derivative Excluded Component Gain Loss Recognized In Earnings
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11000000 USD
CY2021Q4 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
3693000000 USD
CY2020Q4 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
6672000000 USD
CY2021Q4 xpo Short Term Debt And Current Maturities Of Long Term Debt
ShortTermDebtAndCurrentMaturitiesOfLongTermDebt
58000000 USD
CY2020Q4 xpo Short Term Debt And Current Maturities Of Long Term Debt
ShortTermDebtAndCurrentMaturitiesOfLongTermDebt
1286000000 USD
CY2021Q4 xpo Long Term Debt And Capital Lease Obligations Excluding Current Maturities And Short Term Debt
LongTermDebtAndCapitalLeaseObligationsExcludingCurrentMaturitiesAndShortTermDebt
3635000000 USD
CY2020Q4 xpo Long Term Debt And Capital Lease Obligations Excluding Current Maturities And Short Term Debt
LongTermDebtAndCapitalLeaseObligationsExcludingCurrentMaturitiesAndShortTermDebt
5386000000 USD
CY2021Q4 us-gaap Debt Instrument Fair Value
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3811000000 USD
CY2020Q4 us-gaap Debt Instrument Fair Value
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6908000000 USD
CY2021Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
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0 USD
CY2021Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
0 USD
CY2021Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
1000000 USD
CY2021Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
3153000000 USD
CY2021Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
1000000 USD
CY2021Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
301000000 USD
CY2020Q4 us-gaap Defined Benefit Plan Benefit Obligation
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2052000000 USD
CY2019Q4 us-gaap Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
1862000000 USD
CY2021 us-gaap Defined Benefit Plan Interest Cost
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39000000 USD
CY2020 us-gaap Defined Benefit Plan Interest Cost
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54000000 USD
CY2021 us-gaap Defined Benefit Plan Actuarial Gain Loss
DefinedBenefitPlanActuarialGainLoss
82000000 USD
CY2020 us-gaap Defined Benefit Plan Actuarial Gain Loss
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-216000000 USD
CY2021 us-gaap Defined Benefit Plan Benefit Obligation Benefits Paid
DefinedBenefitPlanBenefitObligationBenefitsPaid
84000000 USD
CY2020 us-gaap Defined Benefit Plan Benefit Obligation Benefits Paid
DefinedBenefitPlanBenefitObligationBenefitsPaid
80000000 USD
CY2021Q4 us-gaap Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
1925000000 USD
CY2020Q4 us-gaap Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
2052000000 USD
CY2020Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
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2062000000 USD
CY2019Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
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1863000000 USD
CY2021 us-gaap Defined Benefit Plan Actual Return On Plan Assets
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25000000 USD
CY2020 us-gaap Defined Benefit Plan Actual Return On Plan Assets
DefinedBenefitPlanActualReturnOnPlanAssets
274000000 USD
CY2021 us-gaap Defined Benefit Plan Contributions By Employer
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6000000 USD
CY2020 us-gaap Defined Benefit Plan Contributions By Employer
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5000000 USD
CY2021 us-gaap Defined Benefit Plan Plan Assets Benefits Paid
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84000000 USD
CY2020 us-gaap Defined Benefit Plan Plan Assets Benefits Paid
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80000000 USD
CY2021Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
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2009000000 USD
CY2020Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
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2062000000 USD
CY2021Q4 us-gaap Defined Benefit Plan Funded Status Of Plan
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84000000 USD
CY2020Q4 us-gaap Defined Benefit Plan Funded Status Of Plan
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10000000 USD
CY2021Q4 us-gaap Defined Benefit Plan Assets For Plan Benefits Noncurrent
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156000000 USD
CY2020Q4 us-gaap Defined Benefit Plan Assets For Plan Benefits Noncurrent
DefinedBenefitPlanAssetsForPlanBenefitsNoncurrent
88000000 USD
CY2021Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Current Liabilities
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5000000 USD
CY2020Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Current Liabilities
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5000000 USD
CY2021Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
67000000 USD
CY2020Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
73000000 USD
CY2021Q4 us-gaap Defined Benefit Plan Amounts Recognized In Balance Sheet
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84000000 USD
CY2020Q4 us-gaap Defined Benefit Plan Amounts Recognized In Balance Sheet
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10000000 USD
CY2021Q4 us-gaap Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Projected Benefit Obligation
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72000000 USD
CY2020Q4 us-gaap Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Projected Benefit Obligation
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78000000 USD
CY2021Q4 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
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43000000 USD
CY2020Q4 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
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50000000 USD
CY2021 us-gaap Defined Benefit Plan Interest Cost
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39000000 USD
CY2020 us-gaap Defined Benefit Plan Interest Cost
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54000000 USD
CY2019 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
66000000 USD
CY2021 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
101000000 USD
CY2020 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
102000000 USD
CY2019 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
90000000 USD
CY2021 us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
-1000000 USD
CY2020 us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
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KPMG LLP
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Stamford, CT
CY2021 dei Auditor Firm
AuditorFirmId
185

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