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Consolidated Statements of Income Statement - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Revenues $ 14,355 $ 13,866 $ 12,794
Cost of goods sold 8,744 8,291 7,571
Gross margin 5,611 5,575 5,223
Selling, general and administrative expenses 3,916 3,870 3,544
Restructuring and transaction related expenses 135 65 20
Gain on disposal of businesses (1) 0 0 (159)
Depreciation and amortization 361 283 237
Operating income 1,199 1,357 1,581
Other expense (income):      
Interest expense 262 214 78
Interest income and other income, net (21) (43) (15)
Total other expense, net 241 122 63
Income from continuing operations before provision for income taxes 958 1,235 1,518
Provision for income taxes 273 306 385
Equity in earnings of unconsolidated subsidiaries 8 15 11
Income from continuing operations 693 944 1,144
Net (loss) income from discontinued operations 0 (6) 6
Net income 693 938 1,150
Less: net income attributable to continuing noncontrolling interest 3 2 1
Net income attributable to LKQ stockholders $ 690 $ 936 $ 1,149
Basic earnings per share: (3)      
Income from continuing operations $ 2.63 $ 3.53 $ 4.13
Net (loss) income from discontinued operations 0 (0.02) 0.02
Net income 2.63 3.51 4.15
Less: net income attributable to continuing noncontrolling interest 0.01 0.01 0.01
Net income attributable to LKQ stockholders 2.62 3.50 4.15
Diluted earnings per share: (3)      
Income from continuing operations 2.63 3.52 4.12
Net (loss) income from discontinued operations 0 (0.02) 0.02
Net income 2.63 3.50 4.14
Less: net income attributable to continuing noncontrolling interest 0.01 0.01 0.01
Net income attributable to LKQ stockholders $ 2.62 $ 3.49 $ 4.13
Forward Contracts      
Other expense (income):      
Gains on foreign exchange contracts - acquisition related (2) $ 0 $ (49) $ 0