XML 20 R4.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Condensed Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
 3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Income Statement [Abstract]    
Revenue $ 2,018 $ 1,907
Salaries, wages and employee benefits 834 762
Purchased transportation 438 457
Fuel, operating expenses and supplies 413 427
Operating taxes and licenses 19 15
Insurance and claims 38 44
Gains on sales of property and equipment (2) (3)
Depreciation and amortization expense 117 101
Transaction and integration costs 14 22
Restructuring costs 8 24
Operating income 138 58
Other income (10) (5)
Interest expense 58 42
Income from continuing operations before income tax provision 90 21
Income tax provision 23 4
Income from continuing operations 67 17
Loss from discontinued operations, net of taxes 0 (3)
Net income 67 14
Net income (loss)    
Continuing operations, basic 67 17
Discontinued operations, basic 0 (3)
Net income 67 14
Continuing operations, diluted 67 17
Discontinued operations, diluted 0 (3)
Net income, diluted $ 67 $ 14
Earnings (loss) per share data    
Basic earnings per share from continuing operations (in dollars per share) $ 0.58 $ 0.15
Basic earnings (loss) per share from discontinued operations (in dollars per share) 0 (0.02)
Basic earnings per share (in dollars per share) 0.58 0.13
Diluted earnings per share from continuing operations (in dollars per share) 0.56 0.15
Diluted earnings (loss) per share from discontinued operations (in dollars per share) 0 (0.02)
Diluted earnings per share (in dollars per share) $ 0.56 $ 0.13
Weighted-average common shares outstanding    
Basic weighted-average common shares outstanding (in shares) 116 116
Diluted weighted-average common shares outstanding (in shares) 120 116