XML 24 R10.htm IDEA: XBRL DOCUMENT
v3.23.2

Discontinued Operations | 6 Months Ended
--- | ---
Jun. 30, 2023
Discontinued Operations and Disposal Groups [Abstract] |
Discontinued Operations | Discontinued Operations As discussed above, the results of RXO and intermodal are presented as discontinued operations. The following table summarizes the results of operations from discontinued operations:
|  | Three Months Ended June 30, |  |  |  |  |  | Six Months Ended June 30,
(In millions) |  | 2022 |  |  |  |  |  | 2022
Revenue |  | $ | 1,227 |  |  |  |  |  |  | $ | 2,872 |
Salaries, wages and employee benefits |  | 151 |  |  |  |  |  |  | 315 |
Purchased transportation |  | 879 |  |  |  |  |  |  | 2,100 |
Fuel, operating expenses and supplies |  | 76 |  |  |  |  |  |  | 191 |
Operating taxes and licenses |  | 1 |  |  |  |  |  |  | 2 |
Insurance and claims |  | 4 |  |  |  |  |  |  | 13 |
Depreciation and amortization expense |  | 19 |  |  |  |  |  |  | 41 |
(Gain) loss on sale of business |  | 16 |  |  |  |  |  |  | (434) |
Transaction and other operating costs |  | 21 |  |  |  |  |  |  | 23 |
Operating income |  | 60 |  |  |  |  |  |  | 621 |
Income tax provision |  | 15 |  |  |  |  |  |  | 120 |
Net income from discontinued operations attributable to discontinued operations |  | $ | 45 |  |  |  |  |  |  | $ | 501 |
For the three and six months ended June 30, 2023, we incurred approximately $16 million and $40 million, respectively, of costs related to the RXO spin-off, of which $0 million and $4 million, respectively, are reflected within income (loss) from discontinued operations in our Condensed Consolidated Statements of Income. For the three and six months ended June 30, 2022, we incurred approximately $18 million and $21 million, respectively, of costs related to the RXO spin-off, of which $17 million and $20 million, respectively, are reflected within income (loss) from discontinued operations in our Condensed Consolidated Statements of Income.

X
- References No definition available. + Details
Name: | us-gaap_DiscontinuedOperationsAndDisposalGroupsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure related to a disposal group. Includes, but is not limited to, a discontinued operation, disposal classified as held-for-sale or disposed of by means other than sale or disposal of an individually significant component. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 205 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//205-20/tableOfContent Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 360 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//360/tableOfContent + Details
Name: | us-gaap_DisposalGroupsIncludingDiscontinuedOperationsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration