Condensed Consolidated Statements of Income (Loss) (Unaudited) - USD ($)
shares in Millions, $ in Millions |
3 Months Ended |
6 Months Ended |
Jun. 30, 2021 |
Jun. 30, 2020 |
Jun. 30, 2021 |
Jun. 30, 2020 |
| Income Statement [Abstract] |
|
|
|
|
| Revenue |
$ 5,036
|
$ 3,502
|
$ 9,810
|
$ 7,366
|
| Cost of transportation and services |
2,514
|
1,641
|
4,842
|
3,539
|
| Direct operating expense |
1,682
|
1,370
|
3,338
|
2,730
|
| Sales, general and administrative expense |
594
|
632
|
1,182
|
1,157
|
| Operating income (loss) |
246
|
(141)
|
448
|
(60)
|
| Other income |
(24)
|
(21)
|
(50)
|
(39)
|
| Foreign currency (gain) loss |
3
|
3
|
1
|
(5)
|
| Debt extinguishment loss |
0
|
0
|
8
|
0
|
| Interest expense |
63
|
82
|
132
|
154
|
| Income (loss) before income tax provision (benefit) |
204
|
(205)
|
357
|
(170)
|
| Income tax provision (benefit) |
46
|
(71)
|
81
|
(61)
|
| Net income (loss) |
158
|
(134)
|
276
|
(109)
|
| Net (income) loss attributable to noncontrolling interests |
(2)
|
3
|
(5)
|
1
|
| Net income (loss) attributable to XPO |
156
|
(131)
|
271
|
(108)
|
| Net income (loss) attributable to common shares, basic |
156
|
(132)
|
271
|
(110)
|
| Net income (loss) attributable to common shares, diluted |
$ 156
|
$ (132)
|
$ 271
|
$ (110)
|
| Earnings per share data |
|
|
|
|
| Basic earnings (loss) per share (in dollars per share) |
$ 1.39
|
$ (1.45)
|
$ 2.48
|
$ (1.20)
|
| Diluted earnings (loss) per share (in dollars per share) |
$ 1.38
|
$ (1.45)
|
$ 2.40
|
$ (1.20)
|
| Weighted-average common shares outstanding |
|
|
|
|
| Basic weighted-average common shares outstanding (in shares) |
112
|
91
|
109
|
92
|
| Diluted weighted-average common shares outstanding (in shares) |
113
|
91
|
113
|
92
|