XML 34 R18.htm IDEA: XBRL DOCUMENT
v3.24.1.u1

Organization, Description of Business and Basis of Presentation (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract] |
Schedule of Accounts Receivable Securitization and Factoring Programs | Information related to the trade receivables sold was as follows:
|  |  |  | Three Months Ended March 31,
(In millions) |  |  |  |  |  | 2024 |  | 2023
Securitization programs |  |  |  |  |  |  |  |
Receivables sold in period |  |  |  |  |  | $ | 450 |  |  | $ | 440 |
Cash consideration |  |  |  |  |  | 450 |  |  | 440 |
Factoring programs |  |  |  |  |  |  |  |
Receivables sold in period |  |  |  |  |  | 21 |  |  | 24 |
Cash consideration |  |  |  |  |  | 21 |  |  | 24 |
Schedule of Fair Value Hierarchy of Cash Equivalents | The fair value hierarchy of cash equivalents was as follows:
(In millions) |  | Carrying Value |  | Fair Value |  | Level 1
March 31, 2024 |  | $ | 186 |  |  | $ | 186 |  |  | $ | 186 |
December 31, 2023 |  | 369 |  |  | 369 |  |  | 369 |
The fair value of our debt and classification in the fair value hierarchy was as follows:
(In millions) |  | Fair Value |  | Level 1 |  | Level 2
March 31, 2024 |  | $ | 3,553 |  |  | $ | 2,226 |  |  | $ | 1,327 |
December 31, 2023 |  | 3,583 |  |  | 2,235 |  |  | 1,348 |

X
- Definition Tabular disclosure of the fair value of financial instruments, including financial assets and financial liabilities, and the measurements of those instruments, assets, and liabilities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482106/820-10-50-2 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 11 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482907/825-10-50-11 + Details
Name: | us-gaap_FairValueByBalanceSheetGroupingTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

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

X
- Definition Schedule Of Accounts Receivable Securitization And Factoring Programs [Table Text Block] + References No definition available. + Details
Name: | xpo_ScheduleOfAccountsReceivableSecuritizationAndFactoringProgramsTableTextBlock
Namespace Prefix: | xpo_
Data Type: | dtr-types1:textBlockItemType
Balance Type: | na
Period Type: | duration