Restructuring and Transaction Related Expenses (Tables)

12 Months Ended

Dec. 31, 2024

Restructuring and Related Activities [Abstract]

The following table sets forth the expenses incurred related to our restructuring plans (in millions):


		Year Ended December 31,
Plan	Expense Type	2024		2023		2022
2024 Global Plan	Employee related costs	$	35	$	—	$	—
	Facility exit costs	7		—		—
	Inventory related costs (1)	13		—		—
	Asset impairments (2)	49		—		—
	Other costs	7		—		—
	Total	$	111	$	—	$	—

2022 Global Plan	Employee related costs	$	2	$	4	$	6
	Facility exit costs	3		7		1
	Inventory related costs (1)	—		2		—
	Other costs	—		2		3
	Total	$	5	$	15	$	10


2019/2020 Global Plan	Facility exit costs	$	—	$	1	$	1


	Total	$	—	$	1	$	1

1 LKQ Europe Plan	Employee related costs	$	2	$	1	$	1
	Facility exit costs	1		—		—
	Inventory related costs (1)	2		2		—

	Total	$	5	$	3	$	1

Acquisition Integration Plans	Employee related costs	$	4	$	23	$	2
	Facility exit costs	16		5		1
	Other costs	5		1		—
	Total	$	25	$	29	$	3

Total restructuring expenses		$	146	$	48	$	15

(1) Recorded to Cost of goods sold in the Consolidated Statements of Income.

(2) Related to impairment of assets in Property, plant and equipment, net and Prepaid expenses and other current assets on the Consolidated Balance Sheets.

Restructuring cumulative plan costs

The following table sets forth the cumulative plan costs by segment related to our restructuring plans (in millions):


	Cumulative Program Costs
	Wholesale - North America		Europe		Specialty		Self Service		Total
2024 Global Plan	$	15	$	96	$	—	$	—	$	111
2022 Global Plan	2		20		4		4		30

1 LKQ Europe Plan	—		15		—		—		15