2019 Q4 Form 10-K Financial Statement

#000156459020010103 Filed on March 11, 2020

View on sec.gov

Income Statement

Concept 2019 Q4 2018 Q4 2018 Q3
Revenue $1.160B $1.247B $1.304B
YoY Change -7.05% 3.21% 4.19%
Cost Of Revenue $1.015B $1.123B $1.160B
YoY Change -9.58% 2.54% 4.58%
Gross Profit $144.2M $124.5M $143.6M
YoY Change 15.82% 9.69% 1.13%
Gross Profit Margin 12.44% 9.98% 11.02%
Selling, General & Admin $46.80M
YoY Change
% of Gross Profit 32.45%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $36.70M $37.50M $34.90M
YoY Change -2.13% 2.18% -4.9%
% of Gross Profit 25.45% 30.12% 24.3%
Operating Expenses $144.5M $97.50M $1.262B
YoY Change 48.21% 2.63% 4.52%
Operating Profit -$300.0K $27.00M $41.20M
YoY Change -101.11% 45.95% -5.07%
Interest Expense -$28.10M -$28.10M $26.60M
YoY Change 0.0% 8.91% 2.7%
% of Operating Profit -104.07% 64.56%
Other Income/Expense, Net -$200.0K -$600.0K -$33.60M
YoY Change -66.67% -94.78% -14.94%
Pretax Income -$18.50M $26.40M $7.600M
YoY Change -170.08% -273.68% 94.87%
Income Tax -$3.200M $8.900M $4.700M
% Of Pretax Income 33.71% 61.84%
Net Earnings -$15.30M $17.50M $2.900M
YoY Change -187.43% -333.33% -3.33%
Net Earnings / Revenue -1.32% 1.4% 0.22%
Basic Earnings Per Share $0.09
Diluted Earnings Per Share -$454.0K $511.7K $0.09
COMMON SHARES
Basic Shares Outstanding 36.25M shares 33.85M shares 33.05M shares
Diluted Shares Outstanding 34.00M shares

Balance Sheet

Concept 2019 Q4 2018 Q4 2018 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $109.2M $227.6M $193.2M
YoY Change -52.02% 148.47% 20.15%
Cash & Equivalents $109.2M $227.6M $193.2M
Short-Term Investments
Other Short-Term Assets $44.60M $58.70M $61.90M
YoY Change -24.02% -51.16% -48.67%
Inventory
Prepaid Expenses
Receivables $464.4M $470.3M $546.7M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $618.2M $756.6M $801.8M
YoY Change -18.29% 8.07% -1.0%
LONG-TERM ASSETS
Property, Plant & Equipment $770.3M $796.1M $783.4M
YoY Change -3.24% -2.04% -4.36%
Goodwill
YoY Change
Intangibles $15.00M $25.20M
YoY Change -40.48% -9.35%
Long-Term Investments
YoY Change
Other Assets $50.40M $64.40M $72.40M
YoY Change -21.74% -11.42% 61.61%
Total Long-Term Assets $1.213B $860.5M $855.8M
YoY Change 41.01% -2.81% -4.03%
TOTAL ASSETS
Total Short-Term Assets $618.2M $756.6M $801.8M
Total Long-Term Assets $1.213B $860.5M $855.8M
Total Assets $1.832B $1.617B $1.658B
YoY Change 13.26% 1.99% -2.59%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $163.7M $178.0M $206.0M
YoY Change -8.03% 3.49% 17.71%
Accrued Expenses $437.1M $336.4M $347.4M
YoY Change 29.93% 13.11% 5.88%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $4.100M $20.70M $25.10M
YoY Change -80.19% -32.35% -11.93%
Total Short-Term Liabilities $652.0M $592.4M $627.4M
YoY Change 10.06% 8.86% 7.54%
LONG-TERM LIABILITIES
Long-Term Debt $858.1M $854.2M $863.0M
YoY Change 0.46% -2.43% -5.48%
Other Long-Term Liabilities $759.4M $474.2M $492.8M
YoY Change 60.14% -8.14% -18.65%
Total Long-Term Liabilities $858.1M $854.2M $863.0M
YoY Change 0.46% -2.43% -5.48%
TOTAL LIABILITIES
Total Short-Term Liabilities $652.0M $592.4M $627.4M
Total Long-Term Liabilities $858.1M $854.2M $863.0M
Total Liabilities $1.510B $1.447B $1.490B
YoY Change 4.39% 1.89% -0.4%
SHAREHOLDERS EQUITY
Retained Earnings -$2.312B -$2.208B -$2.226B
YoY Change 4.71% -0.91% 0.22%
Common Stock $2.333B $2.328B $300.0K
YoY Change 0.23% 775866.67% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $92.70M $92.70M $92.70M
YoY Change 0.0% 0.0% 0.0%
Treasury Stock Shares $410.00 $410.00 410.0 shares
Shareholders Equity -$441.2M -$305.5M -$328.8M
YoY Change
Total Liabilities & Shareholders Equity $1.832B $1.617B $1.658B
YoY Change 13.26% 1.99% -2.59%

Cashflow Statement

Concept 2019 Q4 2018 Q4 2018 Q3
OPERATING ACTIVITIES
Net Income -$15.30M $17.50M $2.900M
YoY Change -187.43% -333.33% -3.33%
Depreciation, Depletion And Amortization $36.70M $37.50M $34.90M
YoY Change -2.13% 2.18% -4.9%
Cash From Operating Activities $8.100M $66.90M $86.40M
YoY Change -87.89% -1233.9% 233.59%
INVESTING ACTIVITIES
Capital Expenditures -$31.70M -$53.00M -$45.90M
YoY Change -40.19% 63.08% 44.34%
Acquisitions
YoY Change
Other Investing Activities $16.00M $31.50M $700.0K
YoY Change -49.21% 5150.0% -53.33%
Cash From Investing Activities -$15.70M -$21.50M -$45.20M
YoY Change -26.98% -32.6% 49.17%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -4.500M -11.00M -6.700M
YoY Change -59.09% -64.86% -86.6%
NET CHANGE
Cash From Operating Activities 8.100M 66.90M 86.40M
Cash From Investing Activities -15.70M -21.50M -45.20M
Cash From Financing Activities -4.500M -11.00M -6.700M
Net Change In Cash -12.10M 34.40M 34.50M
YoY Change -135.17% -149.78% -163.42%
FREE CASH FLOW
Cash From Operating Activities $8.100M $66.90M $86.40M
Capital Expenditures -$31.70M -$53.00M -$45.90M
Free Cash Flow $39.80M $119.9M $132.3M
YoY Change -66.81% 350.75% 129.29%

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CY2019 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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CY2018 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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CY2017 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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CY2018 us-gaap Other Comprehensive Income Loss Net Of Tax
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58600000
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CY2019 yrcw Operating And Finance Lease Payments
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CY2019 us-gaap Repayments Of Long Term Debt
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CY2017 us-gaap Extinguishment Of Debt Gain Loss Net Of Tax
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CY2018 us-gaap Increase Decrease In Accounts Payable Trade
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21500000
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CY2019 us-gaap Payments To Acquire Property Plant And Equipment
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143200000
CY2018 us-gaap Payments To Acquire Property Plant And Equipment
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8800000
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570000000
CY2018 us-gaap Proceeds From Issuance Of Long Term Debt
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0
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79300000
CY2019 us-gaap Payments Of Debt Issuance Costs
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12700000
CY2018 us-gaap Payments Of Debt Issuance Costs
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0
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14500000
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900000
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2000000
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2400000
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CY2019 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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CY2018 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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81900000
CY2017 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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145700000
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275700000
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109200000
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106800000
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101200000
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103400000
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6800000
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7000000
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3700000
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5500000
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1600000
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CY2019Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
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CY2019Q1 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Net Of Tax
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CY2019Q4 us-gaap Profit Loss
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CY2018Q1 us-gaap Profit Loss
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CY2018Q1 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Net Of Tax
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CY2018Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2018Q2 us-gaap Profit Loss
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200000
CY2018Q3 us-gaap Profit Loss
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CY2018Q3 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Net Of Tax
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CY2018Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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CY2018Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2018Q4 us-gaap Profit Loss
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CY2018Q4 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Net Of Tax
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CY2018Q4 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
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CY2018Q4 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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CY2019 us-gaap Use Of Estimates
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<p style="text-align:justify;margin-top:10pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-style:italic;font-family:Times New Roman;font-size:10pt;text-transform:none;font-variant: normal;">Use of Estimates</p> <p style="text-align:justify;margin-top:10pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Management makes estimates and assumptions when preparing the financial statements in conformity with U.S. generally accepted accounting principles which affect the amounts reported in the financial statements and accompanying notes. Actual results could differ from those estimates.</p>
CY2019 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p style="text-align:justify;margin-top:10pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-style:italic;font-family:Times New Roman;font-size:10pt;text-transform:none;font-variant: normal;">Concentration of Credit Risks and Other</p> <p style="text-align:justify;margin-top:10pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">We sell services and extend credit based on an evaluation of the customer&#8217;s financial condition, without requiring collateral. Exposure to losses on receivables is principally dependent on each customer&#8217;s financial condition. We monitor our exposure for credit losses and maintain allowances for anticipated losses.</p> <p style="text-align:justify;margin-top:10pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">At December&#160;31, 2019, approximately 79% of our labor force is subject to collective bargaining agreements. In 2019, we agreed to a new labor agreement that, among other things, extend the expiration date of our primary labor agreement from March 31, 2019 to March 31, 2024. This also updated the contribution rates under our multi-employer pension plan. The new agreement provided for wage and benefits increases through the term of the agreement. Finally, the new agreement provided for certain changes to work rules and our use of purchased transportation in certain situations.</p>
CY2018Q4 yrcw Revenue Equipment
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CY2019Q4 yrcw Rerate Reserve Reduction Of Accounts Receivable
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7900000
CY2018Q4 yrcw Rerate Reserve Reduction Of Accounts Receivable
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CY2019Q4 us-gaap Contract With Customer Liability
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25200000
CY2018Q4 us-gaap Contract With Customer Liability
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25700000
CY2019 yrcw Risk Free Rate Workers Compensation Claims
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0.020
CY2018 yrcw Risk Free Rate Workers Compensation Claims
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0.026
CY2017 yrcw Risk Free Rate Workers Compensation Claims
RiskFreeRateWorkersCompensationClaims
0.015
CY2019 yrcw Risk Free Rate Property Damage And Liability Claims
RiskFreeRatePropertyDamageAndLiabilityClaims
0.021
CY2018 yrcw Risk Free Rate Property Damage And Liability Claims
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0.025
CY2017 yrcw Risk Free Rate Property Damage And Liability Claims
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0.013
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369800000
CY2018 us-gaap Supplemental Information For Property Casualty Insurance Underwriters Current Year Claims And Claims Adjustment Expense
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CY2018 us-gaap Supplemental Information For Property Casualty Insurance Underwriters Prior Year Claims And Claims Adjustment Expense
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CY2018Q4 us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Opening Balance Adjustments
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361400000
CY2019 us-gaap Supplemental Information For Property Casualty Insurance Underwriters Current Year Claims And Claims Adjustment Expense
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138500000
CY2019 us-gaap Payments For Losses And Loss Adjustment Expense
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132000000
CY2019 us-gaap Supplemental Information For Property Casualty Insurance Underwriters Prior Year Claims And Claims Adjustment Expense
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359400000
CY2019Q4 us-gaap Liability For Claims And Claims Adjustment Expense
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335600000
CY2019Q4 yrcw Insurance Claims Estimated Cash Payments Due Next Twelve Months
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111800000
CY2019Q4 yrcw Insurance Claims Estimated Cash Payments Due In Two Years
InsuranceClaimsEstimatedCashPaymentsDueInTwoYears
68000000
CY2019Q4 yrcw Insurance Claims Estimated Cash Payments Due In Three Years
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44700000
CY2019Q4 yrcw Insurance Claims Estimated Cash Payments Due In Four Years
InsuranceClaimsEstimatedCashPaymentsDueInFourYears
27800000
CY2019Q4 yrcw Insurance Claims Estimated Cash Payments Due In Five Years
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19000000
CY2019Q4 yrcw Insurance Claims Estimated Cash Payments Due Thereafter
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88100000
CY2019Q4 yrcw Insurance Claims Estimated Cash Payments Due
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359400000
CY2019Q4 us-gaap Land
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239900000
CY2018Q4 us-gaap Land
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243700000
CY2019Q4 us-gaap Buildings And Improvements Gross
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788400000
CY2019Q4 yrcw Technology Equipment And Software
TechnologyEquipmentAndSoftware
291700000
CY2018Q4 yrcw Technology Equipment And Software
TechnologyEquipmentAndSoftware
259700000
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PropertyPlantAndEquipmentOther
213400000
CY2018Q4 us-gaap Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
213800000
CY2019 us-gaap Depreciation
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150500000
CY2018 us-gaap Depreciation
Depreciation
145900000
CY2017 us-gaap Depreciation
Depreciation
147700000
CY2019Q4 yrcw Restricted Amounts Held In Escrow Current Fair Value Disclosure
RestrictedAmountsHeldInEscrowCurrentFairValueDisclosure
0
CY2018Q4 yrcw Restricted Amounts Held In Escrow Current Fair Value Disclosure
RestrictedAmountsHeldInEscrowCurrentFairValueDisclosure
0
CY2019Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
15000000
CY2018Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
25200000
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PrepaidExpenseAndOtherAssetsNoncurrent
1400000
CY2018Q4 us-gaap Prepaid Expense And Other Assets Noncurrent
PrepaidExpenseAndOtherAssetsNoncurrent
18000000
CY2019Q4 us-gaap Other Assets Miscellaneous
OtherAssetsMiscellaneous
40100000
CY2018Q4 us-gaap Other Assets Miscellaneous
OtherAssetsMiscellaneous
21200000
CY2019 yrcw Defined Benefit Plan Number Of Employees Covered
DefinedBenefitPlanNumberOfEmployeesCovered
9000
CY2018Q4 us-gaap Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
1073200000
CY2017Q4 us-gaap Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
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CY2019 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
45700000
CY2018 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
44100000
CY2019 us-gaap Defined Benefit Plan Benefit Obligation Benefits Paid
DefinedBenefitPlanBenefitObligationBenefitsPaid
96700000
CY2018 us-gaap Defined Benefit Plan Benefit Obligation Benefits Paid
DefinedBenefitPlanBenefitObligationBenefitsPaid
110400000
CY2019 us-gaap Defined Benefit Plan Actuarial Gain Loss
DefinedBenefitPlanActuarialGainLoss
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CY2018 us-gaap Defined Benefit Plan Actuarial Gain Loss
DefinedBenefitPlanActuarialGainLoss
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CY2019 us-gaap Defined Benefit Plan Other Changes
DefinedBenefitPlanOtherChanges
100000
CY2018 us-gaap Defined Benefit Plan Other Changes
DefinedBenefitPlanOtherChanges
-400000
CY2019Q4 us-gaap Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
1128800000
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DefinedBenefitPlanFairValueOfPlanAssets
874900000
CY2017Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
998300000
CY2019 us-gaap Defined Benefit Plan Actual Return On Plan Assets
DefinedBenefitPlanActualReturnOnPlanAssets
112100000
CY2018 us-gaap Defined Benefit Plan Actual Return On Plan Assets
DefinedBenefitPlanActualReturnOnPlanAssets
-27800000
CY2019 us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
9700000
CY2018 us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
15200000
CY2019 us-gaap Defined Benefit Plan Plan Assets Benefits Paid
DefinedBenefitPlanPlanAssetsBenefitsPaid
96700000
CY2018 us-gaap Defined Benefit Plan Plan Assets Benefits Paid
DefinedBenefitPlanPlanAssetsBenefitsPaid
110400000
CY2018 yrcw Defined Benefit Plan Other Increase Decrease In Plan Assets
DefinedBenefitPlanOtherIncreaseDecreaseInPlanAssets
-400000
CY2019Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
900000000
CY2019Q4 us-gaap Defined Benefit Plan Funded Status Of Plan
DefinedBenefitPlanFundedStatusOfPlan
-228800000
CY2018Q4 us-gaap Defined Benefit Plan Funded Status Of Plan
DefinedBenefitPlanFundedStatusOfPlan
-198300000
CY2019Q4 us-gaap Defined Benefit Plan Assets Expected To Be Returned To Employer Amount
DefinedBenefitPlanAssetsExpectedToBeReturnedToEmployerAmount
0
CY2018 us-gaap Other Comprehensive Income Loss Finalization Of Pension And Non Pension Postretirement Plan Valuation Before Tax
OtherComprehensiveIncomeLossFinalizationOfPensionAndNonPensionPostretirementPlanValuationBeforeTax
10900000
CY2017 us-gaap Other Comprehensive Income Loss Finalization Of Pension And Non Pension Postretirement Plan Valuation Before Tax
OtherComprehensiveIncomeLossFinalizationOfPensionAndNonPensionPostretirementPlanValuationBeforeTax
7600000
CY2019 us-gaap Other Comprehensive Income Loss Finalization Of Pension And Non Pension Postretirement Plan Valuation Before Tax
OtherComprehensiveIncomeLossFinalizationOfPensionAndNonPensionPostretirementPlanValuationBeforeTax
1800000
CY2019Q4 us-gaap Defined Benefit Plan Assets For Plan Benefits Noncurrent
DefinedBenefitPlanAssetsForPlanBenefitsNoncurrent
6100000
CY2018Q4 us-gaap Defined Benefit Plan Assets For Plan Benefits Noncurrent
DefinedBenefitPlanAssetsForPlanBenefitsNoncurrent
2700000
CY2019Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Current Liabilities
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1000000
CY2018Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Current Liabilities
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800000
CY2019Q4 us-gaap Defined Benefit Pension Plan Liabilities Noncurrent
DefinedBenefitPensionPlanLiabilitiesNoncurrent
233900000
CY2018Q4 us-gaap Defined Benefit Pension Plan Liabilities Noncurrent
DefinedBenefitPensionPlanLiabilitiesNoncurrent
200200000
CY2019Q4 us-gaap Defined Benefit Plan Accumulated Other Comprehensive Income Net Gains Losses Before Tax
DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeNetGainsLossesBeforeTax
-406100000
CY2018Q4 us-gaap Defined Benefit Plan Accumulated Other Comprehensive Income Net Gains Losses Before Tax
DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeNetGainsLossesBeforeTax
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CY2019Q4 us-gaap Defined Benefit Plan Accumulated Other Comprehensive Income Net Prior Service Cost Credit Before Tax
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-9800000
CY2018Q4 us-gaap Defined Benefit Plan Accumulated Other Comprehensive Income Net Prior Service Cost Credit Before Tax
DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeNetPriorServiceCostCreditBeforeTax
-10300000
CY2019Q4 us-gaap Defined Benefit Plan Accumulated Other Comprehensive Income Before Tax
DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeBeforeTax
396300000
CY2018Q4 us-gaap Defined Benefit Plan Accumulated Other Comprehensive Income Before Tax
DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeBeforeTax
358600000
CY2019Q4 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
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372100000
CY2019Q4 us-gaap Defined Benefit Plan Expected Amortization Next Fiscal Year
DefinedBenefitPlanExpectedAmortizationNextFiscalYear
15000000
CY2019Q4 us-gaap Defined Benefit Plan Expected Amortization Of Prior Service Cost Credit Next Fiscal Year
DefinedBenefitPlanExpectedAmortizationOfPriorServiceCostCreditNextFiscalYear
-400000
CY2019Q4 yrcw Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Projected Benefit Obligation Abo Exceeds Assets
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960900000
CY2019Q4 yrcw Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Projected Benefit Obligation Assets Exceed Abo
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167900000
CY2019Q4 us-gaap Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Projected Benefit Obligation
DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateProjectedBenefitObligation
1128800000
CY2019Q4 yrcw Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Accumulated Benefit Obligation Abo Exceeds Assets
DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateAccumulatedBenefitObligationABOExceedsAssets
960900000
CY2019Q4 yrcw Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Accumulated Benefit Obligation Assets Exceed Abo
DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateAccumulatedBenefitObligationAssetsExceedABO
167900000
CY2019Q4 us-gaap Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Accumulated Benefit Obligation
DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateAccumulatedBenefitObligation
1128800000
CY2019Q4 yrcw Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Fair Value Of Plan Assets Abo Exceeds Assets
DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateFairValueOfPlanAssetsABOExceedsAssets
726000000
CY2019Q4 yrcw Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Fair Value Of Plan Assets Assets Exceed Abo
DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateFairValueOfPlanAssetsAssetsExceedABO
174000000
CY2019Q4 us-gaap Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Fair Value Of Plan Assets
DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateFairValueOfPlanAssets
900000000
CY2018Q4 yrcw Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Projected Benefit Obligation Abo Exceeds Assets
DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateProjectedBenefitObligationABOExceedsAssets
927600000
CY2018Q4 yrcw Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Projected Benefit Obligation Assets Exceed Abo
DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateProjectedBenefitObligationAssetsExceedABO
145600000
CY2018Q4 us-gaap Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Projected Benefit Obligation
DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateProjectedBenefitObligation
1073200000
CY2018Q4 yrcw Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Accumulated Benefit Obligation Abo Exceeds Assets
DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateAccumulatedBenefitObligationABOExceedsAssets
927600000
CY2018Q4 yrcw Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Accumulated Benefit Obligation Assets Exceed Abo
DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateAccumulatedBenefitObligationAssetsExceedABO
145600000
CY2018Q4 us-gaap Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Accumulated Benefit Obligation
DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateAccumulatedBenefitObligation
1073200000
CY2018Q4 yrcw Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Fair Value Of Plan Assets Abo Exceeds Assets
DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateFairValueOfPlanAssetsABOExceedsAssets
726600000
CY2018Q4 yrcw Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Fair Value Of Plan Assets Assets Exceed Abo
DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateFairValueOfPlanAssetsAssetsExceedABO
148300000
CY2018Q4 us-gaap Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Fair Value Of Plan Assets
DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateFairValueOfPlanAssets
874900000
CY2019Q4 us-gaap Defined Benefit Plan Assumptions Used Calculating Benefit Obligation Discount Rate
DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationDiscountRate
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CY2018Q4 us-gaap Defined Benefit Plan Assumptions Used Calculating Benefit Obligation Discount Rate
DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationDiscountRate
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CY2019 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Discount Rate
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostDiscountRate
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CY2018 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Discount Rate
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostDiscountRate
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CY2017 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Discount Rate
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostDiscountRate
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CY2019 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Expected Long Term Return On Assets
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostExpectedLongTermReturnOnAssets
0.070
CY2018 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Expected Long Term Return On Assets
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostExpectedLongTermReturnOnAssets
0.070
CY2017 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Expected Long Term Return On Assets
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostExpectedLongTermReturnOnAssets
0.070
CY2019Q4 us-gaap Defined Benefit Plan Expected Future Employer Contributions Next Fiscal Year
DefinedBenefitPlanExpectedFutureEmployerContributionsNextFiscalYear
31500000
CY2019Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Next Twelve Months
DefinedBenefitPlanExpectedFutureBenefitPaymentsNextTwelveMonths
89400000
CY2019Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Two
DefinedBenefitPlanExpectedFutureBenefitPaymentsYearTwo
85800000
CY2019Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Three
DefinedBenefitPlanExpectedFutureBenefitPaymentsYearThree
84300000
CY2019Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Four
DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFour
80600000
CY2019Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Five
DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFive
80100000
CY2019Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Five Fiscal Years Thereafter
DefinedBenefitPlanExpectedFutureBenefitPaymentsFiveFiscalYearsThereafter
370100000
CY2019 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
-300000
CY2018 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
-100000
CY2017 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
13300000
CY2019 yrcw Multiemployer Plan Period Expense
MultiemployerPlanPeriodExpense
631100000
CY2018 yrcw Multiemployer Plan Period Expense
MultiemployerPlanPeriodExpense
614800000
CY2017 yrcw Multiemployer Plan Period Expense
MultiemployerPlanPeriodExpense
580700000
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MultiemployerPlanCollectiveBargainingArrangementRequiredPercentageOfContributions
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CY2019 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
12800000
CY2018 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
13300000
CY2017 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
10300000
CY2019Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
902800000
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DebtInstrumentUnamortizedDiscountPremiumNet
28100000
CY2019Q4 us-gaap Deferred Finance Costs Net
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12500000
CY2019Q4 us-gaap Long Term Debt
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862200000
CY2019Q4 yrcw Debt Instrument Face Amount Excluding Current Maturities
DebtInstrumentFaceAmountExcludingCurrentMaturities
898700000
CY2019Q4 yrcw Debt Instrument Unamortized Discount Premium Net Noncurrent Maturities
DebtInstrumentUnamortizedDiscountPremiumNetNoncurrentMaturities
28100000
CY2019Q4 us-gaap Deferred Finance Costs Noncurrent Net
DeferredFinanceCostsNoncurrentNet
12500000
CY2018Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
890000000
CY2018Q4 us-gaap Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
7800000
CY2018Q4 us-gaap Deferred Finance Costs Net
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7300000
CY2018Q4 us-gaap Long Term Debt
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874900000
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DebtInstrumentFaceAmountExcludingCurrentMaturities
869300000
CY2018Q4 yrcw Debt Instrument Unamortized Discount Premium Net Noncurrent Maturities
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7800000
CY2018Q4 us-gaap Deferred Finance Costs Noncurrent Net
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7300000
CY2019 yrcw Contribution Rate Of Subsidiaries To Funds
ContributionRateOfSubsidiariesToFunds
0.25
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3900000
CY2019Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
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3700000
CY2019Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
71600000
CY2019Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
3900000
CY2019Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
601900000
CY2019Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
217800000
CY2019Q4 us-gaap Finance Lease Right Of Use Asset
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2600000
CY2019Q4 yrcw Right Of Use Asset
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388600000
CY2019Q4 us-gaap Finance Lease Liability Current
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200000
CY2019Q4 us-gaap Finance Lease Liability Noncurrent
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3300000
CY2019Q4 yrcw Lease Liability
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370600000
CY2019 us-gaap Operating Lease Cost
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168000000
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14200000
CY2019 us-gaap Variable Lease Cost
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5900000
CY2019 us-gaap Finance Lease Right Of Use Asset Amortization
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400000
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500000
CY2019 us-gaap Lease Cost
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189000000
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128900000
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77800000
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
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41100000
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
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16300000
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
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32600000
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due
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451100000
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84000000
CY2019Q4 us-gaap Operating Lease Liability
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367100000
CY2019Q4 us-gaap Finance Lease Liability Payments Due Next Twelve Months
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600000
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600000
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600000
CY2019Q4 us-gaap Finance Lease Liability Payments Due Year Four
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CY2019Q4 us-gaap Finance Lease Liability Payments Due Year Five
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700000
CY2019Q4 us-gaap Finance Lease Liability Payments Due After Year Five
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3400000
CY2019Q4 us-gaap Finance Lease Liability Payments Due
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6500000
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3000000
CY2019Q4 us-gaap Finance Lease Liability
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3500000
CY2019Q4 yrcw Operating And Finance Lease Liability Payments Due Next Twelve Months
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155000000
CY2019Q4 yrcw Operating And Finance Lease Liability Payments Due Year Two
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129500000
CY2019Q4 yrcw Operating And Finance Lease Liability Payments Due Year Three
OperatingAndFinanceLeaseLiabilityPaymentsDueYearThree
78400000
CY2019Q4 yrcw Operating And Finance Lease Liability Payments Due Year Four
OperatingAndFinanceLeaseLiabilityPaymentsDueYearFour
41700000
CY2019Q4 yrcw Operating And Finance Lease Liability Payments Due Year Five
OperatingAndFinanceLeaseLiabilityPaymentsDueYearFive
17000000
CY2019Q4 yrcw Operating And Finance Lease Liability Payments Due After Year Five
OperatingAndFinanceLeaseLiabilityPaymentsDueAfterYearFive
36000000
CY2019Q4 yrcw Operating And Finance Lease Liability Payments Due
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457600000
CY2019Q4 yrcw Operating And Finance Lease Liability Undiscounted Excess Amount
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87000000
CY2019Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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P3Y8M12D
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CY2019Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
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P9Y9M18D
CY2019Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
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CY2019 us-gaap Operating Lease Payments
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154600000
CY2019 us-gaap Finance Lease Interest Payment On Liability
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CY2019 us-gaap Finance Lease Principal Payments
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300000
CY2019 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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129700000
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due
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429200000
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due Current
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138400000
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Two And Three Years
OperatingLeasesFutureMinimumPaymentsDueInTwoAndThreeYears
212000000
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Four And Five Years
OperatingLeasesFutureMinimumPaymentsDueInFourAndFiveYears
63300000
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
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15500000
CY2019Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
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99500000
CY2019Q4 yrcw Deferred Tax Liabilities Right Of Use Leases
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93700000
CY2019Q4 us-gaap Deferred Tax Liabilities Tax Deferred Income
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6300000
CY2019Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
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3400000
CY2019Q4 yrcw Deferred Tax Liabilities State Taxes
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19600000
CY2019Q4 us-gaap Deferred Tax Liabilities Other
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