2024 Q3 Form 10-Q Financial Statement

#000116600324000073 Filed on August 01, 2024

View on sec.gov

Income Statement

Concept 2024 Q3 2024 Q2
Revenue $2.053B $2.079B
YoY Change 3.69% 8.45%
Cost Of Revenue $829.0M $838.0M
YoY Change -1.66% 0.48%
Gross Profit $1.224B $1.241B
YoY Change 7.65% 14.59%
Gross Profit Margin 59.62% 59.69%
Selling, General & Admin $873.0M $875.0M
YoY Change 5.95% 9.65%
% of Gross Profit 71.32% 70.51%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $126.0M $122.0M
YoY Change 14.55% 14.02%
% of Gross Profit 10.29% 9.83%
Operating Expenses $1.032B $1.030B
YoY Change 6.06% 8.31%
Operating Profit $176.0M $197.0M
YoY Change 14.29% 84.11%
Interest Expense -$56.00M -$56.00M
YoY Change -236.59% -230.23%
% of Operating Profit -31.82% -28.43%
Other Income/Expense, Net $15.00M $6.000M
YoY Change 275.0% 100.0%
Pretax Income $135.0M $147.0M
YoY Change 15.38% 234.09%
Income Tax $40.00M -$3.000M
% Of Pretax Income 29.63% -2.04%
Net Earnings $95.00M $150.0M
YoY Change 13.1% 354.55%
Net Earnings / Revenue 4.63% 7.22%
Basic Earnings Per Share $0.81 $1.29
Diluted Earnings Per Share $0.79 $1.25
COMMON SHARES
Basic Shares Outstanding 116.4M shares 116.3M shares
Diluted Shares Outstanding 120.0M shares 120.0M shares

Balance Sheet

Concept 2024 Q3 2024 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $378.0M $250.0M
YoY Change 6.48% -13.79%
Cash & Equivalents $378.0M $250.0M
Short-Term Investments
Other Short-Term Assets $212.0M $210.0M
YoY Change 6.53% -6.25%
Inventory
Prepaid Expenses
Receivables $1.064B $1.088B
Other Receivables $0.00 $0.00
Total Short-Term Assets $1.654B $1.548B
YoY Change 2.54% 1.71%
LONG-TERM ASSETS
Property, Plant & Equipment $3.357B $3.305B
YoY Change 62.02% 62.25%
Goodwill $1.516B $1.481B
YoY Change 3.48% -0.8%
Intangibles $381.0M $392.0M
YoY Change 4.1% 2.35%
Long-Term Investments
YoY Change
Other Assets $266.0M $262.0M
YoY Change 22.58% 23.0%
Total Long-Term Assets $6.269B $6.182B
YoY Change 30.2% 27.99%
TOTAL ASSETS
Total Short-Term Assets $1.654B $1.548B
Total Long-Term Assets $6.269B $6.182B
Total Assets $7.923B $7.729B
YoY Change 23.26% 21.68%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $445.0M $477.0M
YoY Change -5.92% 2.8%
Accrued Expenses $939.0M $901.0M
YoY Change 0.11% -0.99%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $68.00M $64.00M
YoY Change 3.03% -3.03%
Total Short-Term Liabilities $1.563B $1.542B
YoY Change 2.69% 0.59%
LONG-TERM LIABILITIES
Long-Term Debt $3.343B $3.330B
YoY Change 36.62% 35.81%
Other Long-Term Liabilities $303.0M $294.0M
YoY Change 15.65% 11.36%
Total Long-Term Liabilities $4.719B $4.688B
YoY Change 27.23% 26.7%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.563B $1.542B
Total Long-Term Liabilities $4.719B $4.688B
Total Liabilities $6.282B $6.230B
YoY Change 20.09% 19.05%
SHAREHOLDERS EQUITY
Retained Earnings $496.0M $402.0M
YoY Change 290.55% 834.88%
Common Stock $0.00 $0.00
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.641B $1.499B
YoY Change
Total Liabilities & Shareholders Equity $7.923B $7.729B
YoY Change 23.26% 21.68%

Cashflow Statement

Concept 2024 Q3 2024 Q2
OPERATING ACTIVITIES
Net Income $95.00M $150.0M
YoY Change 13.1% 354.55%
Depreciation, Depletion And Amortization $126.0M $122.0M
YoY Change 14.55% 14.02%
Cash From Operating Activities $261.0M $211.0M
YoY Change 12.02% 61.07%
INVESTING ACTIVITIES
Capital Expenditures $127.0M $190.0M
YoY Change -8.63% 45.04%
Acquisitions
YoY Change
Other Investing Activities $12.00M $6.000M
YoY Change 50.0% 20.0%
Cash From Investing Activities -$115.0M -$184.0M
YoY Change -12.21% 46.03%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -23.00M -6.000M
YoY Change -34.29% -76.92%
NET CHANGE
Cash From Operating Activities 261.0M 211.0M
Cash From Investing Activities -115.0M -184.0M
Cash From Financing Activities -23.00M -6.000M
Net Change In Cash 123.0M 21.00M
YoY Change 83.58% -200.0%
FREE CASH FLOW
Cash From Operating Activities $261.0M $211.0M
Capital Expenditures $127.0M $190.0M
Free Cash Flow $134.0M $21.00M
YoY Change 42.55%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2023Q1 us-gaap Stockholders Equity
StockholdersEquity
1055000000 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
1012000000 usd
CY2023Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
116000000 shares
CY2023Q4 us-gaap Restricted Cash Noncurrent Asset Statement Of Financial Position Extensible List
RestrictedCashNoncurrentAssetStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2024#OtherAssetsNoncurrent
CY2024Q2 us-gaap Restricted Cash Noncurrent Asset Statement Of Financial Position Extensible List
RestrictedCashNoncurrentAssetStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2024#OtherAssetsNoncurrent
CY2023Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
116000000 shares
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-483000000 usd
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-342000000 usd
us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
0 usd
us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
1977000000 usd
xpo Payments For Repurchase Of Debt
PaymentsForRepurchaseOfDebt
0 usd
xpo Payments For Repurchase Of Debt
PaymentsForRepurchaseOfDebt
2003000000 usd
xpo Repayments Of Longterm Debt And Finance Leases
RepaymentsOfLongtermDebtAndFinanceLeases
39000000 usd
xpo Repayments Of Longterm Debt And Finance Leases
RepaymentsOfLongtermDebtAndFinanceLeases
35000000 usd
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
4000000 usd
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
15000000 usd
us-gaap Proceeds From Repayments Of Bank Overdrafts
ProceedsFromRepaymentsOfBankOverdrafts
27000000 usd
us-gaap Proceeds From Repayments Of Bank Overdrafts
ProceedsFromRepaymentsOfBankOverdrafts
51000000 usd
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
17000000 usd
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
12000000 usd
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-1000000 usd
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
1000000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-35000000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-36000000 usd
us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
0 usd
us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
-8000000 usd
us-gaap Cash Provided By Used In Investing Activities Discontinued Operations
CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations
0 usd
us-gaap Cash Provided By Used In Investing Activities Discontinued Operations
CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations
1000000 usd
us-gaap Net Cash Provided By Used In Discontinued Operations
NetCashProvidedByUsedInDiscontinuedOperations
0 usd
us-gaap Net Cash Provided By Used In Discontinued Operations
NetCashProvidedByUsedInDiscontinuedOperations
-7000000 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
0 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
5000000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-162000000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-173000000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
419000000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
470000000 usd
CY2024Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
256000000 usd
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
297000000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
144000000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
46000000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
31000000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
36000000 usd
us-gaap Interest Paid Net
InterestPaidNet
101000000 usd
us-gaap Interest Paid Net
InterestPaidNet
90000000 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
32000000 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
18000000 usd
CY2024Q1 us-gaap Stockholders Equity
StockholdersEquity
1332000000 usd
CY2024Q2 us-gaap Net Income Loss
NetIncomeLoss
150000000 usd
CY2024Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-3000000 usd
CY2024Q2 xpo Stock Issued During Period Value Share Based Compensation Exercised And Vested
StockIssuedDuringPeriodValueShareBasedCompensationExercisedAndVested
0 usd
CY2024Q2 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
3000000 usd
CY2024Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation And Exercise Of Stock Options
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions
23000000 usd
CY2024Q2 us-gaap Stockholders Equity
StockholdersEquity
1499000000 usd
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
1266000000 usd
us-gaap Net Income Loss
NetIncomeLoss
217000000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-8000000 usd
xpo Stock Issued During Period Value Share Based Compensation Exercised And Vested
StockIssuedDuringPeriodValueShareBasedCompensationExercisedAndVested
0 usd
us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
18000000 usd
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation And Exercise Of Stock Options
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions
42000000 usd
CY2024Q2 us-gaap Stockholders Equity
StockholdersEquity
1499000000 usd
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
33000000 usd
CY2023Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
15000000 usd
CY2023Q2 xpo Stock Issued During Period Value Share Based Compensation Exercised And Vested
StockIssuedDuringPeriodValueShareBasedCompensationExercisedAndVested
0 usd
CY2023Q2 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
4000000 usd
CY2023Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation And Exercise Of Stock Options
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions
19000000 usd
CY2023Q2 us-gaap Stockholders Equity Other
StockholdersEquityOther
-1000000 usd
CY2023Q2 us-gaap Stockholders Equity
StockholdersEquity
1119000000 usd
us-gaap Net Income Loss
NetIncomeLoss
47000000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
30000000 usd
xpo Stock Issued During Period Value Share Based Compensation Exercised And Vested
StockIssuedDuringPeriodValueShareBasedCompensationExercisedAndVested
0 usd
us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
12000000 usd
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation And Exercise Of Stock Options
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions
41000000 usd
us-gaap Stockholders Equity Other
StockholdersEquityOther
-1000000 usd
CY2023Q2 us-gaap Stockholders Equity
StockholdersEquity
1119000000 usd
CY2024Q2 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
6000000 usd
CY2023Q4 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
7000000 usd
CY2024Q2 xpo Accounts Receivable Sold In Securitization Program
AccountsReceivableSoldInSecuritizationProgram
449000000 usd
CY2023Q2 xpo Accounts Receivable Sold In Securitization Program
AccountsReceivableSoldInSecuritizationProgram
470000000 usd
CY2024Q2 us-gaap Proceeds From Accounts Receivable Securitization
ProceedsFromAccountsReceivableSecuritization
449000000 usd
CY2023Q2 us-gaap Proceeds From Accounts Receivable Securitization
ProceedsFromAccountsReceivableSecuritization
470000000 usd
CY2024Q2 xpo Accounts Receivable Sold In Factoring Programs
AccountsReceivableSoldInFactoringPrograms
20000000 usd
CY2023Q2 xpo Accounts Receivable Sold In Factoring Programs
AccountsReceivableSoldInFactoringPrograms
34000000 usd
CY2024Q2 xpo Proceeds From Accounts Receivable Factoring Program
ProceedsFromAccountsReceivableFactoringProgram
20000000 usd
CY2023Q2 xpo Proceeds From Accounts Receivable Factoring Program
ProceedsFromAccountsReceivableFactoringProgram
34000000 usd
CY2024Q2 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
208000000 usd
CY2023Q4 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
369000000 usd
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
CY2024Q2 us-gaap Revenues
Revenues
2079000000 usd
CY2023Q2 us-gaap Revenues
Revenues
1917000000 usd
us-gaap Revenues
Revenues
4097000000 usd
us-gaap Revenues
Revenues
3824000000 usd
CY2024Q2 xpo Adjusted Earnings Before Interest Taxes Depreciation Amortization
AdjustedEarningsBeforeInterestTaxesDepreciationAmortization
343000000 usd
CY2023Q2 xpo Adjusted Earnings Before Interest Taxes Depreciation Amortization
AdjustedEarningsBeforeInterestTaxesDepreciationAmortization
244000000 usd
xpo Adjusted Earnings Before Interest Taxes Depreciation Amortization
AdjustedEarningsBeforeInterestTaxesDepreciationAmortization
631000000 usd
xpo Adjusted Earnings Before Interest Taxes Depreciation Amortization
AdjustedEarningsBeforeInterestTaxesDepreciationAmortization
454000000 usd
CY2024Q2 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 usd
CY2023Q2 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-23000000 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-23000000 usd
CY2024Q2 us-gaap Interest Expense Nonoperating
InterestExpenseNonoperating
56000000 usd
CY2023Q2 us-gaap Interest Expense Nonoperating
InterestExpenseNonoperating
43000000 usd
us-gaap Interest Expense Nonoperating
InterestExpenseNonoperating
114000000 usd
us-gaap Interest Expense Nonoperating
InterestExpenseNonoperating
85000000 usd
CY2024Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-3000000 usd
CY2023Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
13000000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
20000000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
17000000 usd
CY2024Q2 us-gaap Depreciation And Amortization
DepreciationAndAmortization
122000000 usd
CY2023Q2 us-gaap Depreciation And Amortization
DepreciationAndAmortization
107000000 usd
us-gaap Depreciation And Amortization
DepreciationAndAmortization
239000000 usd
us-gaap Depreciation And Amortization
DepreciationAndAmortization
208000000 usd
CY2024Q2 xpo Transaction And Integration Costs
TransactionAndIntegrationCosts
12000000 usd
CY2023Q2 xpo Transaction And Integration Costs
TransactionAndIntegrationCosts
17000000 usd
xpo Transaction And Integration Costs
TransactionAndIntegrationCosts
26000000 usd
xpo Transaction And Integration Costs
TransactionAndIntegrationCosts
39000000 usd
CY2024Q2 us-gaap Restructuring Costs
RestructuringCosts
6000000 usd
CY2023Q2 us-gaap Restructuring Costs
RestructuringCosts
10000000 usd
us-gaap Restructuring Costs
RestructuringCosts
14000000 usd
us-gaap Restructuring Costs
RestructuringCosts
34000000 usd
CY2024Q2 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
150000000 usd
CY2023Q2 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
31000000 usd
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
217000000 usd
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
48000000 usd
CY2024Q2 us-gaap Depreciation And Amortization
DepreciationAndAmortization
122000000 usd
CY2023Q2 us-gaap Depreciation And Amortization
DepreciationAndAmortization
107000000 usd
us-gaap Depreciation And Amortization
DepreciationAndAmortization
239000000 usd
us-gaap Depreciation And Amortization
DepreciationAndAmortization
208000000 usd
CY2024Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2079000000 usd
CY2023Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1917000000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
4097000000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
3824000000 usd
CY2023Q4 us-gaap Restructuring Reserve
RestructuringReserve
11000000 usd
us-gaap Restructuring Charges
RestructuringCharges
11000000 usd
us-gaap Payments For Restructuring
PaymentsForRestructuring
16000000 usd
us-gaap Restructuring Reserve Translation Adjustment
RestructuringReserveTranslationAdjustment
0 usd
CY2024Q2 us-gaap Restructuring Reserve
RestructuringReserve
7000000 usd
CY2024Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
5000000 usd
CY2023Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
-2000000 usd
CY2024Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
0 usd
CY2023Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
1000000 usd
CY2024Q2 us-gaap Derivative Excluded Component Gain Loss Recognized In Earnings
DerivativeExcludedComponentGainLossRecognizedInEarnings
2000000 usd
CY2023Q2 us-gaap Derivative Excluded Component Gain Loss Recognized In Earnings
DerivativeExcludedComponentGainLossRecognizedInEarnings
2000000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
21000000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
-11000000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
1000000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
1000000 usd
us-gaap Derivative Excluded Component Gain Loss Recognized In Earnings
DerivativeExcludedComponentGainLossRecognizedInEarnings
5000000 usd
us-gaap Derivative Excluded Component Gain Loss Recognized In Earnings
DerivativeExcludedComponentGainLossRecognizedInEarnings
4000000 usd
CY2024Q2 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
3505000000 usd
CY2023Q4 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
3519000000 usd
CY2024Q2 xpo Short Term Debt And Current Maturities Of Long Term Debt
ShortTermDebtAndCurrentMaturitiesOfLongTermDebt
64000000 usd
CY2023Q4 xpo Short Term Debt And Current Maturities Of Long Term Debt
ShortTermDebtAndCurrentMaturitiesOfLongTermDebt
69000000 usd
CY2024Q2 xpo Long Term Debt And Capital Lease Obligations Excluding Current Maturities And Short Term Debt
LongTermDebtAndCapitalLeaseObligationsExcludingCurrentMaturitiesAndShortTermDebt
3441000000 usd
CY2023Q4 xpo Long Term Debt And Capital Lease Obligations Excluding Current Maturities And Short Term Debt
LongTermDebtAndCapitalLeaseObligationsExcludingCurrentMaturitiesAndShortTermDebt
3450000000 usd
CY2024Q2 us-gaap Debt Instrument Fair Value
DebtInstrumentFairValue
3546000000 usd
CY2023Q4 us-gaap Debt Instrument Fair Value
DebtInstrumentFairValue
3583000000 usd
CY2024Q2 us-gaap Net Income Loss From Continuing Operations Available To Common Shareholders Basic
NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersBasic
150000000 usd
CY2023Q2 us-gaap Net Income Loss From Continuing Operations Available To Common Shareholders Basic
NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersBasic
31000000 usd
us-gaap Net Income Loss From Continuing Operations Available To Common Shareholders Basic
NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersBasic
217000000 usd
us-gaap Net Income Loss From Continuing Operations Available To Common Shareholders Basic
NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersBasic
48000000 usd
CY2024Q2 us-gaap Net Income Loss From Discontinued Operations Available To Common Shareholders Basic
NetIncomeLossFromDiscontinuedOperationsAvailableToCommonShareholdersBasic
0 usd
CY2023Q2 us-gaap Net Income Loss From Discontinued Operations Available To Common Shareholders Basic
NetIncomeLossFromDiscontinuedOperationsAvailableToCommonShareholdersBasic
2000000 usd
us-gaap Net Income Loss From Discontinued Operations Available To Common Shareholders Basic
NetIncomeLossFromDiscontinuedOperationsAvailableToCommonShareholdersBasic
0 usd
us-gaap Net Income Loss From Discontinued Operations Available To Common Shareholders Basic
NetIncomeLossFromDiscontinuedOperationsAvailableToCommonShareholdersBasic
-1000000 usd
CY2024Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
150000000 usd
CY2023Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
33000000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
217000000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
47000000 usd
CY2024Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
116000000 shares
CY2023Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
116000000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
116000000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
116000000 shares
CY2024Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
4000000 shares
CY2023Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
2000000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
4000000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1000000 shares
CY2024Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
120000000 shares
CY2023Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
118000000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
120000000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
117000000 shares
CY2024Q2 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
1.29
CY2023Q2 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.27
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
1.87
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.42
CY2024Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0
CY2023Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.01
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
-0.01
CY2024Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.29
CY2023Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.28
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.87
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.41
CY2024Q2 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
1.25
CY2023Q2 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.27
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
1.81
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.41
CY2024Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0
CY2023Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.01
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-0.01
CY2024Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.25
CY2023Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.28
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.81
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.40
CY2024Q2 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2024Q2 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2024Q2 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
CY2024Q2 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false

Files In Submission

Name View Source Status
FilingSummary.xml Edgar Link unprocessable
xpo-20240630_cal.xml Edgar Link unprocessable
0001166003-24-000073-index-headers.html Edgar Link pending
0001166003-24-000073-index.html Edgar Link pending
0001166003-24-000073.txt Edgar Link pending
0001166003-24-000073-xbrl.zip Edgar Link pending
ex101ablamendmentno8-exa001.jpg Edgar Link pending
ex101ablamendmentno8-exa002.jpg Edgar Link pending
ex101ablamendmentno8-exa003.jpg Edgar Link pending
ex101ablamendmentno8-exa004.jpg Edgar Link pending
ex101ablamendmentno8-exa005.jpg Edgar Link pending
ex101ablamendmentno8-exa006.jpg Edgar Link pending
ex101ablamendmentno8-exa007.jpg Edgar Link pending
ex101ablamendmentno8-exa008.jpg Edgar Link pending
ex101ablamendmentno8-exa009.jpg Edgar Link pending
ex101ablamendmentno8-exa010.jpg Edgar Link pending
ex101ablamendmentno8-exa011.jpg Edgar Link pending
ex101ablamendmentno8-exa012.jpg Edgar Link pending
ex101ablamendmentno8-exa013.jpg Edgar Link pending
ex101ablamendmentno8-exa014.jpg Edgar Link pending
ex101ablamendmentno8-exa015.jpg Edgar Link pending
ex101ablamendmentno8-exa016.jpg Edgar Link pending
ex101ablamendmentno8-exa017.jpg Edgar Link pending
ex101ablamendmentno8-exa018.jpg Edgar Link pending
ex101ablamendmentno8-exa019.jpg Edgar Link pending
ex101ablamendmentno8-exa020.jpg Edgar Link pending
ex101ablamendmentno8-exa021.jpg Edgar Link pending
ex101ablamendmentno8-exa022.jpg Edgar Link pending
ex101ablamendmentno8-exa023.jpg Edgar Link pending
ex101ablamendmentno8-exa024.jpg Edgar Link pending
ex101ablamendmentno8-exa025.jpg Edgar Link pending
ex101ablamendmentno8-exa026.jpg Edgar Link pending
ex101ablamendmentno8-exa027.jpg Edgar Link pending
ex101ablamendmentno8-exa028.jpg Edgar Link pending
ex101ablamendmentno8-exa029.jpg Edgar Link pending
ex101ablamendmentno8-exa030.jpg Edgar Link pending
ex101ablamendmentno8-exa031.jpg Edgar Link pending
ex101ablamendmentno8-exa032.jpg Edgar Link pending
ex101ablamendmentno8-exa033.jpg Edgar Link pending
ex101ablamendmentno8-exa034.jpg Edgar Link pending
ex101ablamendmentno8-exa035.jpg Edgar Link pending
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
xpo-20240630.htm Edgar Link pending
xpo-20240630.xsd Edgar Link pending
xpo-20240630_g1.jpg Edgar Link pending
xpo2024q210-qexx101.htm Edgar Link pending
xpo-20240630_def.xml Edgar Link unprocessable
xpo-20240630_lab.xml Edgar Link unprocessable
xpo-20240630_pre.xml Edgar Link unprocessable
xpo-20240630_htm.xml Edgar Link completed
xpo2024q210-qexx311.htm Edgar Link pending
xpo2024q210-qexx312.htm Edgar Link pending
xpo2024q210-qexx321.htm Edgar Link pending
xpo2024q210-qexx322.htm Edgar Link pending