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Condensed Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Income Statement [Abstract]        
Revenue $ 2,053 $ 1,980 $ 6,150 $ 5,804
Salaries, wages and employee benefits 852 809 2,541 2,354
Purchased transportation 430 437 1,303 1,338
Fuel, operating expenses and supplies 399 406 1,213 1,223
Operating taxes and licenses 21 15 61 45
Insurance and claims 33 39 105 129
(Gains) losses on sales of property and equipment 0 1 (5) (4)
Depreciation and amortization expense 126 110 365 318
Transaction and integration costs 13 8 39 47
Restructuring costs 3 1 17 35
Operating income 176 154 511 319
Other income (15) (4) (31) (12)
Debt extinguishment loss 0 0 0 23
Interest expense 56 41 170 126
Income from continuing operations before income tax provision 135 117 372 182
Income tax provision 40 31 60 48
Income from continuing operations 95 86 312 134
Loss from discontinued operations, net of taxes 0 (2) 0 (3)
Net income 95 84 312 131
Net income (loss)        
Continuing operations 95 86 312 134
Discontinued operations 0 (2) 0 (3)
Net income $ 95 $ 84 $ 312 $ 131
Earnings (loss) per share data        
Basic earnings per share from continuing operations (in dollars per share) $ 0.81 $ 0.74 $ 2.68 $ 1.16
Basic loss per share from discontinued operations (in dollars per share) 0 (0.01) 0 (0.02)
Basic earnings per share (in dollars per share) 0.81 0.73 2.68 1.14
Diluted earnings per share from continuing operations (in dollars per share) 0.79 0.72 2.60 1.14
Diluted loss per share from discontinued operations (in dollars per share) 0 (0.01) 0 (0.02)
Diluted earnings per share (in dollars per share) $ 0.79 $ 0.71 $ 2.60 $ 1.12
Weighted-average common shares outstanding        
Basic weighted-average common shares outstanding (in shares) 116 116 116 116
Diluted weighted-average common shares outstanding (in shares) 120 119 120 118