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Document and Entity Information - shares	3 Months Ended
Document and Entity Information - shares	Mar. 31, 2019	Apr. 30, 2019
Document And Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Mar. 31, 2019
Document Fiscal Year Focus	2019
Document Fiscal Period Focus	Q1
Trading Symbol	XPO
Entity Registrant Name	XPO Logistics, Inc.
Entity Central Index Key	0001166003
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Emerging Growth Company	false
Small Business Entity	false
Entity Common Stock, Shares Outstanding		91,954,738

Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Mar. 31, 2019	Dec. 31, 2018
Current assets:
Cash and cash equivalents	$ 376	$ 502
Accounts receivable, net of allowances of $55 and $52, respectively	2,753	2,596
Other current assets	554	590
Total current assets	3,683	3,688
Property and equipment, net of $1,709 and $1,585 in accumulated depreciation, respectively	2,559	2,605
Operating lease assets	2,047
Goodwill	4,443	4,467
Identifiable intangible assets, net of $736 and $706 in accumulated amortization, respectively	1,204	1,253
Other long-term assets	260	257
Total long-term assets	10,513	8,582
Total assets	14,196	12,270
Current liabilities:
Accounts payable	1,188	1,258
Accrued expenses	1,507	1,480
Short-term borrowings and current maturities of long-term debt	114	367
Short-term operating lease liabilities	448
Other current liabilities	184	208
Total current liabilities	3,441	3,313
Long-term debt	5,362	3,902
Deferred tax liability	442	444
Employee benefit obligations	145	153
Operating lease liabilities	1,586
Other long-term liabilities	387	488
Total long-term liabilities	7,922	4,987
Stockholders’ equity:
Convertible perpetual preferred stock, $0.001 par value; 10 shares authorized; 0.07 of Series A shares issued and outstanding as of March 31, 2019 and December 31, 2018, respectively	41	41
Common stock, $0.001 par value; 300 shares authorized; 93 and 116 shares issued and outstanding as of March 31, 2019 and December 31, 2018, respectively	0	0
Additional paid-in capital	2,122	3,311
Retained earnings	428	377
Accumulated other comprehensive loss	(153)	(154)
Total stockholders’ equity before noncontrolling interests	2,438	3,575
Noncontrolling interests	395	395
Total equity	2,833	3,970
Total liabilities and equity	$ 14,196	$ 12,270

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Millions	Mar. 31, 2019	Dec. 31, 2018
Statement of Financial Position [Abstract]
Accounts receivable, allowances	$ 55	$ 52
Property and equipment, accumulated depreciation	1,709	1,585
Identifiable intangible assets, accumulated amortization	$ 736	$ 706
Preferred stock, par value (in dollars per share)	$ 0.001	$ 0.001
Preferred stock, shares authorized (in shares)	10,000,000	10,000,000
Preferred stock, shares issued (in shares)	70,000	70,000
Preferred stock, shares outstanding (in shares)	70,000	70,000
Common stock, par value (in dollars per share)	$ 0.001	$ 0.001
Common stock, shares authorized (in shares)	300,000,000.0	300,000,000.0
Common stock, shares issued (in shares)	93,000,000	116,000,000
Common stock, shares outstanding (in shares)	93,000,000	116,000,000

Condensed Consolidated Statements of Income - USD ($) shares in Millions, $ in Millions	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Income Statement [Abstract]
Revenue	$ 4,120	$ 4,192
Operating expenses
Cost of transportation and services	2,096	2,225
Direct operating expense	1,406	1,376
Sales, general and administrative expense	486	450
Total operating expenses	3,988	4,051
Operating income	132	141
Other expense (income)	(17)	(19)
Foreign currency loss	2	12
Debt extinguishment loss	5	10
Interest expense	71	59
Income before income tax provision	71	79
Income tax provision	19	0
Net income	52	79
Net income attributable to noncontrolling interests	(5)	(6)
Net income attributable to XPO	47	73
Earnings per share data:
Net income attributable to common shareholders	$ 43	$ 67
Basic earnings per share (in dollars per share)	$ 0.40	$ 0.56
Diluted earnings per share (in dollars per share)	$ 0.37	$ 0.50
Weighted-average common shares outstanding
Basic weighted-average common shares outstanding (in shares)	107	120
Diluted weighted-average common shares outstanding (in shares)	117	133

Condensed Consolidated Statements of Comprehensive Income - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Statement of Comprehensive Income [Abstract]
Net income	$ 52	$ 79
Other comprehensive (loss) income, net of tax
Foreign currency translation (loss) gain, net of tax effect of $(6) and $18	(1)	45
Unrealized loss on financial assets/liabilities designated as hedging instruments, net of tax effect of $1 and $(4)	(3)	0
Other comprehensive (loss) income	(4)	45
Comprehensive income	48	124
Less: Comprehensive income attributable to noncontrolling interests	0	18
Comprehensive income attributable to XPO	$ 48	$ 106

- Definition

The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest.

+ References

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+ Details

Condensed Consolidated Statements of Comprehensive Income (Parenthetical) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Statement of Comprehensive Income [Abstract]
Foreign currency translation (loss) gain, tax	$ (6)	$ 18
Unrealized (loss) gain on financial assets/liabilities designated as hedging instruments, tax effect	$ 1	$ (4)

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Operating activities
Net income	$ 52	$ 79
Adjustments to reconcile net income to net cash from operating activities
Depreciation and amortization	180	171
Stock compensation expense	13	22
Accretion of debt	5	4
Deferred tax (benefit) expense	(5)	7
Debt extinguishment loss	5	10
Unrealized loss on foreign currency option and forward contracts	2	4
Gains on sale of property and equipment	(21)	0
Other	13	(28)
Changes in assets and liabilities:
Accounts receivable	(246)	(100)
Other assets	(30)	(90)
Accounts payable	(57)	(55)
Accrued expenses and other liabilities	(7)	(43)
Net cash used in operating activities	(96)	(19)
Investing activities
Payment for purchases of property and equipment	(118)	(142)
Proceeds from sale of property and equipment	47	10
Cash collected on deferred purchase price receivable	71	0
Net cash used in investing activities	0	(132)
Financing activities
Proceeds from issuance of debt	1,751	905
Repurchase of debt	0	(812)
Proceeds from borrowings on ABL facility	1,075	390
Repayment of borrowings on ABL facility	(1,075)	(330)
Repayment of long-term debt and capital leases	(534)	(37)
Payment for debt issuance costs	(24)	(6)
Repurchase of common stock	(1,227)	0
Change in bank overdrafts	6	56
Payment for tax withholdings for restricted shares	(2)	(40)
Dividends paid	(1)	(1)
Other	2	1
Net cash (used in) provided by financing activities	(29)	126
Effect of exchange rates on cash, cash equivalents and restricted cash	0	8
Net decrease in cash, cash equivalents and restricted cash	(125)	(17)
Cash, cash equivalents and restricted cash, beginning of period	514	449
Cash, cash equivalents and restricted cash, end of period	389	432
Supplemental disclosure of cash flow information:
Cash paid for interest	49	43
Cash paid for income taxes	$ 8	$ 3

Condensed Consolidated Statements of Changes in Equity - USD ($) shares in Thousands, $ in Millions	Total	Common Stock	Additional Paid-In Capital	(Accumulated Deficit)/Retained Earnings	Accumulated Other Comprehensive (Loss) Income	Total XPO Stockholders' Equity	Non-controlling Interests	Series A Preferred Stock Preferred Stock
Balance at beginning of period (in shares) at Dec. 31, 2017		119,920						72
Balance at beginning of period at Dec. 31, 2017	$ 4,010	$ 0	$ 3,590	$ (43)	$ 16	$ 3,604	$ 406	$ 41
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	79			73		73	6
Other comprehensive income (loss)	45				33	33	12
Exercise and vesting of stock compensation awards (in shares)		678
Exercise and vesting of stock compensation awards	1		1			1
Tax withholdings related to vesting of stock compensation awards	(40)		(40)			(40)
Dividend declared ($10.00 per share)	(1)			(1)		(1)
Stock compensation expense	7		7			7
Other	4			4		4
Balance at end of period (in shares) at Mar. 31, 2018		120,598						72
Balance at end of period at Mar. 31, 2018	4,105	$ 0	3,558	33	49	3,681	424	$ 41
Balance at beginning of period (in shares) at Dec. 31, 2018		115,683						72
Balance at beginning of period at Dec. 31, 2018	3,970	$ 0	3,311	377	(154)	3,575	395	$ 41
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	52			47		47	5
Other comprehensive income (loss)	(4)				1	1	(5)
Exercise and vesting of stock compensation awards (in shares)		94
Tax withholdings related to vesting of stock compensation awards	(2)		(2)			(2)
Retirement of common stock (in shares)		(22,570)
Retirement of common stock	(1,195)		(1,195)			(1,195)
Dividend declared ($10.00 per share)	(1)			(1)		(1)
Stock compensation expense	8		8			8
Other	(1)			(1)		(1)
Balance at end of period (in shares) at Mar. 31, 2019		93,207						72
Balance at end of period at Mar. 31, 2019	$ 2,833	$ 0	$ 2,122	$ 428	$ (153)	$ 2,438	$ 395	$ 41

Condensed Consolidated Statements of Changes in Equity (Parenthetical) - $ / shares	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Statement of Stockholders' Equity [Abstract]
Dividends declared, price per share (in dollars per share)	$ 10.00	$ 10.00

Organization, Description of Business and Basis of Presentation

3 Months Ended

Mar. 31, 2019

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Organization, Description of Business and Basis of Presentation

XPO Logistics, Inc., together with its subsidiaries (“XPO,” “XPO Logistics” or the “Company”), is a top ten global provider of cutting-edge supply chain solutions to the most successful companies in the world. XPO uses its integrated network of people, technology and physical assets to help customers manage their goods most efficiently throughout their supply chains.

The Company has two reportable segments: Transportation and Logistics. Within each segment, the Company has robust service offerings that are positioned to capitalize on fast-growing areas of customer demand. See Note 2—Segment Reporting for further information on the Company’s operations.

The Company has prepared the accompanying unaudited Condensed Consolidated Financial Statements in accordance with the accounting policies described in its annual report on Form 10-K for the year ended December 31, 2018 (the “2018 Form 10-K”), except as described herein, and the interim reporting requirements of Form 10-Q. Accordingly, certain information and note disclosures normally included in financial statements prepared in accordance with U.S. generally accepted accounting principles (“GAAP”) have been condensed or omitted. These unaudited Condensed Consolidated Financial Statements should be read in conjunction with the 2018 Form 10-K.

In the opinion of management, all adjustments, consisting only of normal recurring adjustments that are necessary for a fair presentation of financial condition, operating results and cash flows for the interim periods presented, have been made. Interim results of operations are not necessarily indicative of full year results.

Restricted Cash

At March 31, 2019 and December 31, 2018, the total amount of restricted cash included in Other long-term assets on the Condensed Consolidated Balance Sheets was $13 million and $12 million, respectively.

Receivables Securitization and Factoring

The Company uses trade accounts receivables securitization and factoring programs in the normal course of business to help manage its cash flows. The following table provides information related to our receivables securitization and factoring programs for the quarters ended:



	March 31,		March 31,
(In millions)	2019		2018
Securitization program
Receivables sold	$	323	$	—
Cash consideration	260		—
Deferred purchase price	63		—

Factoring programs
Receivables sold	184		141
Cash consideration	183		141

In addition to the cash consideration referenced above, the Company received $71 million in the first quarter of 2019 related to the realization of cash on a deferred purchase price receivable. This amount is reflected as cash collected on deferred purchase price receivable within Net cash used in investing activities. See Note 7—Debt for additional information related to the Company’s receivables securitization borrowing program.

Fair Value Measurements

Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) Topic 820, “Fair Value Measurements and Disclosures,” defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date, and classifies the inputs used to measure fair value into the following hierarchy:


•	Level 1—Quoted prices for identical instruments in active markets;


•	Level 2—Quoted prices for similar instruments in active markets; quoted prices for identical or similar instruments in markets that are not active; and model-derived valuations in which all significant inputs are observable in active markets; and


•	Level 3—Valuations based on inputs that are unobservable, generally utilizing pricing models or other valuation techniques that reflect management’s judgment and estimates.

The fair value estimates are based upon certain market assumptions and information available to management. The carrying values of cash and cash equivalents, accounts receivable, deferred purchase price related to accounts receivable sold, accounts payable, accrued expenses and current maturities of long-term debt approximated their fair values at March 31, 2019 and December 31, 2018 due to their short-term nature or because they were receivable or payable on demand. The Level 1 cash equivalents include money market funds valued using quoted prices in active markets. The Level 2 cash equivalents include short-term investments valued using published interest rates for instruments with similar terms and maturities. For information regarding the fair value hierarchy of the Company’s derivative instruments and financial liabilities, refer to Note 6—Derivative Instruments and Note 7—Debt, respectively.

The following table summarizes the fair value hierarchy of cash equivalents:



(In millions)	Carrying Value		Fair Value		Level 1		Level 2
March 31, 2019	$	171	$	171	$	168	$	3
December 31, 2018	237		237		236		1

Adoption of New Accounting Standards

In February 2016, the FASB issued Accounting Standards Update (“ASU”) 2016-02, Leases (Topic 842). The core principle of Topic 842 is that a lessee should recognize on its Condensed Consolidated Balance Sheets the assets and liabilities that arise from leases, including operating leases. Under the new requirements, a lessee recognizes in the balance sheet the right-of-use asset, representing the right to use the underlying asset, and the lease liability, representing the present value of future lease payments.

The Company utilized a comprehensive approach to assess the impact of Topic 842 on its financial statements and related disclosures. In particular, the Company completed a comprehensive review of its lease portfolio and enhanced its internal controls, including those related to the identification, measurement and disclosure of its lease portfolio. In addition, the Company implemented a new software solution to facilitate compliance with the new guidance. For further information on the Company’s leases, refer to Note 5—Leases.

Accounting Pronouncements Issued but Not Yet Effective

In June 2016, the FASB issued ASU 2016-13 “Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments.” The ASU amends the current incurred losses impairment method with a method that reflects expected credit losses on certain types of financial instruments, including trade receivables. The ASU is effective for fiscal years beginning after December 15, 2019, including interim periods within that reporting period; however, early adoption is permitted. While the Company is currently evaluating the impact of this standard on its consolidated financial statements, it believes it may impact the allowance for doubtful accounts on trade accounts receivable as credit losses may be recognized earlier under the expected loss model.

In August 2018, the FASB issued ASU 2018-15, Intangibles-Goodwill and Other-Internal-Use Software (Subtopic 350-40): “Customer’s Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement That Is a Service Contract.” The ASU aligns the requirements for capitalizing implementation costs incurred in a hosting arrangement that is a service contract with the requirements for capitalizing implementation costs incurred to develop or obtain internal-use software. Under the guidance, any capitalized implementation costs would be included in prepaid expenses, amortized over the term of the hosting arrangement on a straight-line basis and presented in the same line items in the Consolidated Statement of Income as the expense for fees of the associated hosting arrangements. This ASU is effective for fiscal years beginning after December 15, 2019, including interim periods within that reporting period, however, early adoption is permitted. The Company is currently evaluating the impact of this standard on its consolidated financial statements.

Segment Reporting

3 Months Ended

Mar. 31, 2019

Segment Reporting [Abstract]

Segment Reporting

The Company is organized into two reportable segments: Transportation and Logistics.

In the Transportation segment, the Company provides multiple services to facilitate movements of raw materials, parts and finished goods. The Company accomplishes this by using its proprietary technology, third-party independent carriers and Company-owned transportation assets and service centers. XPO’s transportation services include: freight brokerage, last mile, less-than-truckload (“LTL”), full truckload, global forwarding and managed transportation. Freight brokerage, last mile, global forwarding and managed transportation are all non-asset or asset-light operations; LTL and full truckload are primarily asset-based operations.

In the Logistics segment, which we also refer to as supply chain, the Company provides differentiated and data-intensive contract logistics services for customers, including value-added warehousing, distribution and inventory management, e-commerce fulfillment, cold chain solutions, reverse logistics, packaging and labeling, factory support, aftermarket support and order personalization services. In addition, the Logistics segment provides highly engineered, customized solutions and supply chain optimization services, such as volume flow management, predictive analytics and advanced automation.

Certain of the Company’s operating units provide services to other Company operating units outside of their reportable segment. Billings for such services are based on negotiated rates and are reflected as revenue of the billing segment. These rates are adjusted from time to time based on market conditions. Such intersegment revenues and expenses are eliminated in the Company’s consolidated results.

Corporate includes corporate headquarters costs for executive officers and certain legal and financial functions, as well as certain other costs and credits not attributed to the Company’s core business. These costs and credits are not allocated to the business segments.

The Company’s chief operating decision maker (“CODM”) regularly reviews financial information at the reporting segment level in order to make decisions about resources to be allocated to the segments and to assess their performance. Segment results that are reported to the CODM include items directly attributable to a segment, as well as those that can be allocated on a reasonable basis. Asset information by segment is not provided to the Company’s CODM, as the majority of the Company’s assets are managed at the corporate level.

The Company evaluates performance based on the various financial measures of its two reporting segments. The following table shows selected financial data for the three months ended March 31, 2019 and 2018:



(In millions)	Transportation		Logistics		Corporate			Eliminations			Total
Three months ended March 31, 2019
Revenue	$	2,659	$	1,494	$	—		$	(33	)	$	4,120
Operating income (loss)	128		46		(42		)	—			132
Depreciation and amortization	116		61		3			—			180

Three months ended March 31, 2018
Revenue	$	2,774	$	1,448	$	—		$	(30	)	$	4,192
Operating income (loss)	139		48		(46		)	—			141
Depreciation and amortization	114		55		2			—			171

Revenue Recognition

3 Months Ended

Mar. 31, 2019

Revenue from Contract with Customer [Abstract]

Revenue Recognition

Disaggregation of Revenues

The Company disaggregates its revenue by geographic area and service offering. The following tables present the Company’s revenue disaggregated by geographic area based on sales office location:



	Three Months Ended March 31, 2019
(In millions)	Transportation		Logistics		Eliminations			Total
Revenue
United States	$	1,836	$	557	$	(5	)	$	2,388
North America (excluding United States)	67		18		—			85
France	364		169		(5		)	528
United Kingdom	188		335		(18		)	505
Europe (excluding France and United Kingdom)	201		392		(4		)	589
Other	3		23		(1		)	25
Total	$	2,659	$	1,494	$	(33	)	$	4,120



	Three Months Ended March 31, 2018
(In millions)	Transportation		Logistics		Eliminations			Total
Revenue
United States	$	1,954	$	502	$	(5	)	$	2,451
North America (excluding United States)	62		13		—			75
France	389		179		(4		)	564
United Kingdom	170		339		(16		)	493
Europe (excluding France and United Kingdom)	196		390		(4		)	582
Other	3		25		(1		)	27
Total	$	2,774	$	1,448	$	(30	)	$	4,192

The following table presents the Company’s revenue disaggregated by service offering:



	Three Months Ended March 31,
(In millions)	2019			2018
Transportation:
Freight brokerage and truckload	$	1,092		$	1,179
LTL	1,179			1,173
Last mile⁽¹⁾	224			238
Managed transportation	124			137
Global forwarding	77			82
Transportation eliminations	(37		)	(35		)
Total Transportation segment revenue	2,659			2,774
Total Logistics segment revenue	1,494			1,448
Intersegment eliminations	(33		)	(30		)
Total revenue	$	4,120		$	4,192


(1)	Comprised of the Company’s North American last mile operations.

Transaction Price Allocated to Remaining Performance Obligation

The Company’s remaining performance obligation represents the aggregate amount of transaction price yet to be recognized as of the end of the reporting period. As permitted in determining the remaining performance obligation, the Company omits obligations that either: (i) have original expected durations of one year or less, or (ii) contain variable consideration. On March 31, 2019, the fixed consideration component of the Company’s remaining performance obligation was approximately $1.6 billion, of which the Company expects to recognize approximately 80% over the next three years and the remainder thereafter. Most of the remaining performance obligation relates to the Logistics reportable segment. The Company’s remaining performance obligations relate to variable consideration and will be satisfied over the remaining term of the contracts based on the volume of services provided. Remaining performance obligations are based on estimates made at a point in time and actual amounts may differ from these estimates due to changes in foreign currency exchange rates, contract revisions or terminations.

Restructuring Charges

3 Months Ended

Mar. 31, 2019

Restructuring and Related Activities [Abstract]

Restructuring Charges

The Company engages in restructuring actions as part of its ongoing efforts to best utilize its resources and infrastructure. In the first quarter of 2019, management approved restructuring plans that included severance and facility-related costs. A portion of the first quarter charge related to the Company’s largest customer downsizing its business. The following table sets forth the restructuring-related activity:



			Three Months Ended March 31, 2019
(In millions)	Reserve Balance as of December 31, 2018		Charges Incurred		Payments			Foreign Exchange and Other			Reserve Balance as of March 31, 2019
Severance:
Transportation	$	9	$	9	$	(7	)	$	1		$	12
Logistics	5		1		(1		)	(1		)	4
Corporate	2		—		(1		)	1			2
Total severance	16		10		(9		)	1			18
Facilities:
Transportation	—		3		—			—			3
Total	$	16	$	13	$	(9	)	$	1		$	21

With respect to the $13 million charge taken in the first quarter of 2019, $3 million was recorded in Cost of transportation and services and $10 million was recorded in Sales, general and administrative expense in the Condensed Consolidated Statements of Income. The Company expects that the majority of the cash payments related to this charge will be made within twelve months.

Leases

3 Months Ended

Mar. 31, 2019

Leases [Abstract]

Leases

Adoption of Topic 842, “Leases”

On January 1, 2019, the Company adopted Topic 842 prospectively through a cumulative-effect adjustment with no restatement of prior period financial statements. Upon adoption, the Company elected the package of practical expedients to retain the lease identification, classification and initial direct costs for existing leases. Additionally, the Company elected to not recognize on the Consolidated Balance Sheets any lease with an initial term of 12 months or less and to not separate lease and non-lease components within a contract. Adoption of the new standard as of January 1, 2019 resulted in the recognition of $2.1 billion of Operating lease assets and liabilities on the Condensed Consolidated Balance Sheets, as well as an increase to Retained earnings of $6 million related to a deferred gain from a prior sale-leaseback transaction. The adoption of Topic 842 did not have a material impact on the Condensed Consolidated Statements of Income and the Condensed Consolidated Statements of Cash Flows.

Nature of Leases

Most of the Company’s leases are comprised of real estate leases. In addition, the Company leases trucks, trailers, containers and material handling equipment. Operating lease right-of-use assets and liabilities are recognized at the lease commencement date based on the estimated present value of the lease payments over the lease term. As most of the Company’s leases do not provide an implicit rate, incremental borrowing rates were used based on the Company’s outstanding debt to determine the present value of future lease payments. The Company includes options to extend or terminate the lease in the lease term when the Company is reasonably certain to exercise such options. The Company excludes variable lease payments (such as payments based on an index or reimbursements of lessor costs) from its initial measurement of the lease liability.

The components of lease expense and gain realized on sale-leaseback transactions were as follows:



(In millions)	Three Months Ended March 31, 2019
Operating lease cost	$	175
Short-term lease cost	46
Variable lease cost	18
Total operating lease cost	$	239
Finance lease cost:
Amortization of leased assets	$	11
Interest on lease liabilities	2
Total finance lease cost	$	13
Total lease cost	$	252
Gain recognized on sale-leaseback transactions	$	19

Supplemental balance sheet information related to leases was as follows:



(In millions)	March 31, 2019
Operating leases:
Operating lease assets	$	2,047
Short-term operating lease liabilities	448
Operating lease liabilities	1,586
Total operating lease liabilities	$	2,034
Finance leases:
Property and equipment, gross	$	390
Accumulated depreciation	(90		)
Property and equipment, net	$	300
Short-term borrowings and current maturities of long-term debt	53
Long-term debt	231
Total finance lease liabilities	$	284
Weighted-average remaining lease term
Operating leases	6 years
Finance leases	5 years
Weighted-average discount rate
Operating leases	5.12		%
Finance leases	2.55		%

Supplemental cash flow information related to leases was as follows:



(In millions)	Three Months Ended March 31, 2019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	265
Operating cash flows from finance leases	2
Financing cash flows from finance leases	15
Leased assets obtained in exchange for new lease obligations:
Operating leases	175
Finance leases	13

Maturities of lease liabilities as of March 31, 2019 were as follows:



(In millions)	Finance Leases			Operating Leases
Remainder of 2019	$	46		$	395
2020	58			521
2021	55			396
2022	51			304
2023	52			227
Thereafter	40			561
Total lease payments	$	302		$	2,404
Less: interest	(18		)	(370		)
Present value of lease liabilities	$	284		$	2,034

Disclosures Related to Topic 840

Future minimum lease payments with initial or remaining non-cancelable lease terms in excess of one year as of December 31, 2018 were as follows:



(In millions)	Capital Leases			Operating Leases
Year ending December 31:
2019	$	61		$	577
2020	60			460
2021	55			367
2022	52			288
2023	43			221
Thereafter	39			523
Total minimum lease payments	$	310		$	2,436
Amount representing interest	(21		)
Present value of minimum lease payments	$	289

Leases

Adoption of Topic 842, “Leases”

Nature of Leases

The components of lease expense and gain realized on sale-leaseback transactions were as follows:



(In millions)	Three Months Ended March 31, 2019
Operating lease cost	$	175
Short-term lease cost	46
Variable lease cost	18
Total operating lease cost	$	239
Finance lease cost:
Amortization of leased assets	$	11
Interest on lease liabilities	2
Total finance lease cost	$	13
Total lease cost	$	252
Gain recognized on sale-leaseback transactions	$	19

Supplemental balance sheet information related to leases was as follows:



(In millions)	March 31, 2019
Operating leases:
Operating lease assets	$	2,047
Short-term operating lease liabilities	448
Operating lease liabilities	1,586
Total operating lease liabilities	$	2,034
Finance leases:
Property and equipment, gross	$	390
Accumulated depreciation	(90		)
Property and equipment, net	$	300
Short-term borrowings and current maturities of long-term debt	53
Long-term debt	231
Total finance lease liabilities	$	284
Weighted-average remaining lease term
Operating leases	6 years
Finance leases	5 years
Weighted-average discount rate
Operating leases	5.12		%
Finance leases	2.55		%

Supplemental cash flow information related to leases was as follows:



(In millions)	Three Months Ended March 31, 2019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	265
Operating cash flows from finance leases	2
Financing cash flows from finance leases	15
Leased assets obtained in exchange for new lease obligations:
Operating leases	175
Finance leases	13

Maturities of lease liabilities as of March 31, 2019 were as follows:



(In millions)	Finance Leases			Operating Leases
Remainder of 2019	$	46		$	395
2020	58			521
2021	55			396
2022	51			304
2023	52			227
Thereafter	40			561
Total lease payments	$	302		$	2,404
Less: interest	(18		)	(370		)
Present value of lease liabilities	$	284		$	2,034

Disclosures Related to Topic 840

Future minimum lease payments with initial or remaining non-cancelable lease terms in excess of one year as of December 31, 2018 were as follows:



(In millions)	Capital Leases			Operating Leases
Year ending December 31:
2019	$	61		$	577
2020	60			460
2021	55			367
2022	52			288
2023	43			221
Thereafter	39			523
Total minimum lease payments	$	310		$	2,436
Amount representing interest	(21		)
Present value of minimum lease payments	$	289

Derivative Instruments

3 Months Ended

Mar. 31, 2019

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Derivative Instruments

In the normal course of business, the Company is exposed to certain risks arising from business operations and economic factors, including fluctuations in interest rates and foreign currencies. To manage the volatility related to these exposures, the Company uses derivative instruments. The objective of these derivative instruments is to reduce fluctuations in the Company’s earnings and cash flows associated with changes in foreign currency exchange rates and interest rates. These financial instruments are not used for trading or other speculative purposes. Historically, the Company has not incurred, and does not expect to incur in the future, any losses as a result of counterparty default.

The Company formally documents all relationships between hedging instruments and hedged items, as well as the risk management objective and strategy for undertaking various hedge transactions. This process includes linking cash flow hedges to specific forecasted transactions or variability of cash flow to be paid. The Company also formally assesses, both at the hedge’s inception and on an ongoing basis, whether the designated derivative instruments that are used in hedging transactions are highly effective in offsetting changes in the cash flows of the hedged items. When a derivative instrument is determined not to be highly effective as a hedge or the underlying hedged transaction is no longer probable, hedge accounting is discontinued prospectively.

The following table presents the account on the Condensed Consolidated Balance Sheets in which the Company’s derivative instruments have been recognized and the related notional amounts and fair values:



	March 31, 2019
			Derivative Assets			Derivative Liabilities
(In millions)	Notional Amount		Balance Sheet Caption	Fair Value		Balance Sheet Caption	Fair Value
Derivatives designated as hedges:
Cross-currency swap agreements	$	1,261	Other long-term assets	$	—	Other long-term liabilities	$	(42	)
Interest rate swap	3,506		Other current assets	—		Other current liabilities	(6		)
Derivatives not designated as hedges:
Foreign currency option contracts	673		Other current assets	5		Other current liabilities	(1		)
Total				$	5		$	(49	)



	December 31, 2018
			Derivative Assets			Derivative Liabilities
(In millions)	Notional Amount		Balance Sheet Caption	Fair Value		Balance Sheet Caption	Fair Value
Derivatives designated as hedges:
Cross-currency swap agreements	$	1,270	Other long-term assets	$	—	Other long-term liabilities	$	(81	)
Derivatives not designated as hedges:
Foreign currency option contracts	473		Other current assets	7		Other current liabilities	—
Total				$	7		$	(81	)

The derivatives are classified as Level 2 within the fair value hierarchy. The derivatives are valued using inputs other than quoted prices, such as foreign exchange rates and yield curves.

The effect of derivative instruments designated as hedges in the Condensed Consolidated Statements of Income for the three months ended March 31, 2019 and 2018, are as follows:



	Amount of Gain (Loss) Recognized in Other Comprehensive Income on Derivatives						Amount of Gain (Loss) Reclassified from AOCI into Net Income					Amount of Gain (Loss) Recognized in Income on Derivative (Amount Excluded from Effectiveness Testing)
	Three Months Ended March 31,
(In millions)	2019			2018			2019		2018			2019		2018
Derivatives designated as cash flow hedges:
Cross-currency swap agreements	$	6		$	(11	)	$	5	$	(2	)	$	—	$	—
Interest rate swaps	(6		)	—			—		—			—		—
Derivatives designated as net investment hedges:
Cross-currency swap agreements	35			(47		)	—		—			2		(3		)
Total	$	35		$	(58	)	$	5	$	(2	)	$	2	$	(3	)

The amounts excluded from effectiveness testing for the cross-currency swap agreements were $2 million and $3 million of loss in Accumulated other comprehensive loss (“AOCI”) for derivatives designated as cash flow hedges as of March 31, 2019 and 2018, respectively, and $30 million and $40 million of loss in AOCI for derivatives designated as net investment hedges as of March 31, 2019 and 2018, respectively.

The pre-tax loss recognized in earnings for foreign currency option and forward contracts not designated as hedging instruments was $2 million and $12 million for the three months ended March 31, 2019 and 2018, respectively. These amounts are recorded in Foreign currency loss in the Condensed Consolidated Statements of Income.

Cross-Currency Swap Agreements

In May 2017, the Company entered into certain cross-currency swap agreements to manage the foreign currency exchange risk related to the Company’s international operations by effectively converting the fixed-rate U.S. Dollar (“USD”)-denominated 6.125% senior notes due 2023 (“Senior Notes due 2023”) (see Note 7—Debt), including the associated semi-annual interest payments, to fixed-rate, euro (“EUR”)-denominated debt. The risk management objective of these transactions is to manage foreign currency risk relating to net investments in subsidiaries denominated in foreign currencies and reduce the variability in the functional currency equivalent cash flows of the Senior Notes due 2023.

During the term of the swap contracts, the Company will receive quarterly interest payments from the counterparties in March, June, September and December of each year based on USD fixed interest rates, and the Company will make quarterly interest payments to the counterparties in March, June, September and December of each year based on EUR fixed interest rates. At maturity, the Company will repay the original principal amount in EUR and receive the principal amount in USD.

In 2015, in connection with the issuance of the 6.50% senior notes due 2022 (“Senior Notes due 2022”), the Company entered into certain cross-currency swap agreements to manage the foreign currency exchange risk related to the Company’s international operations by effectively converting a portion of the fixed-rate USD-denominated Senior Notes due 2022, including the associated semi-annual interest payments, to fixed-rate, EUR-denominated debt. The risk management objective of the agreements is to manage the Company’s foreign currency risk relating to net investments in subsidiaries denominated in foreign currencies and reduce the variability in the functional currency equivalent cash flows for a portion of the Senior Notes due 2022. During the term of the swap contracts, the Company will receive semi-annual interest payments from the counterparties in June and December of each year based on USD fixed interest rates, and the Company will make semi-annual interest payments to the counterparties in June and December of each year based on EUR fixed interest rates. At maturity, the Company will repay the original principal amount in EUR and receive the principal amount in USD.

The Company has designated the cross-currency swap agreements as qualifying hedging instruments and is accounting for these as net investment hedges. The Company applies the simplified method of assessing the effectiveness of its net investment hedging relationships. Under this method, for each reporting period, the change in the fair value of the cross-currency swaps is initially recognized in AOCI. The change in the fair value due to foreign exchange remains in AOCI and the initial component excluded from effectiveness testing will initially remain in AOCI and then will be reclassified from AOCI to Interest expense each period in a systematic manner. Cash flows related to the periodic exchange of interest payments for these net investment hedges are included in Operating activities on the Condensed Consolidated Statements of Cash Flows.

Additionally, in 2017, a portion of the cross-currency swap that hedges the Senior Notes due 2023 was de-designated as a net investment hedge and re-designated with a larger notional amount as a cash flow hedge. This cash flow hedge was entered into to manage the related foreign currency exposure from intercompany loans. The amounts in AOCI related to the net investment hedge at the date of de-designation were recognized as cumulative translation adjustments and will remain in AOCI until the subsidiary is sold or substantially liquidated. For the cash flow hedge, the Company reclassifies a portion of AOCI to Foreign currency loss to offset the foreign exchange impact in earnings created by the intercompany loans. The Company also amortizes a portion of AOCI to Interest expense related to the initial portion of a loss excluded from the assessment of effectiveness of the cash flow hedge. Cash flows related to this cash flow hedge are included in Financing activities on the Condensed Consolidated Statements of Cash Flows.

Interest Rate Hedging

In March 2019, the Company executed short-term interest rate swaps to mitigate variability in forecasted interest payments on the Company’s senior secured term loan credit agreement, as amended (the “Term Loan Facility”). The interest rate swaps convert floating rate interest payments into fixed rate interest payments. The company designated the interest rate swaps as qualifying hedging instruments and accounted for these derivatives as cash flow hedges. The interest rate swaps mature on various dates within 2019.

Gains and losses resulting from fair value adjustments to the designated portion of interest rate swaps are recorded in AOCI and reclassified to Interest expense on the dates that interest payments accrue. Cash flows related to the interest rate swaps are included in Operating activities on the Condensed Consolidated Statements of Cash Flows.

Foreign Currency Option and Forward Contracts

In order to mitigate the risk of a reduction in the value of earnings from the Company’s operations that use the EUR or the British pound sterling as their functional currency, the Company uses foreign currency option contracts. Additionally, the Company uses foreign currency forward contracts to mitigate the exposure we experience from intercompany loans which are not designated as permanent and thus create volatility in earnings. These foreign currency contracts (both the option and forward contracts) were not designated as qualifying hedging instruments as of March 31, 2019. The contracts are not speculative; rather, they are used to economically hedge the Company’s exposure to exchange rate fluctuations. The contracts expire in 12 months or less. Gains or losses on the contracts are recorded in Foreign currency loss in the Condensed Consolidated Statements of Income.

In the third quarter of 2018, the Company changed its policy related to the cash flow presentation of foreign currency option contracts, as the Company believes cash receipts and payments related to economic hedges should be classified based on the nature and purpose for which those derivatives were acquired and, given that the Company did not elect to apply hedge accounting to these derivatives, the Company believes it is preferable to reflect these cash flows as Investing activities. Prior to this change, these cash flows were reflected within Operating activities. Net cash used in operating activities for the first quarter ended March 31, 2018 included $8 million of cash usage related to these foreign currency option contracts.

Debt

3 Months Ended

Mar. 31, 2019

Debt Disclosure [Abstract]

Debt

The following table summarizes the Company’s debt:



	March 31, 2019				December 31, 2018
(In millions)	Principal Balance		Carrying Value		Principal Balance		Carrying Value
ABL facility	$	—	$	—	$	—	$	—
Term loan facility	2,003		1,965		1,503		1,474
6.125% Senior notes due 2023	535		529		535		529
6.50% Senior notes due 2022	1,200		1,190		1,200		1,190
6.70% Senior debentures due 2034	300		206		300		205
6.75% Senior notes due 2024	1,000		985		—		—
Trade securitization program	272		270		283		281
Unsecured credit facility	—		—		250		246
Finance leases	284		284		289		289
Asset financing and other	46		47		55		55
Total debt	5,640		5,476		4,415		4,269
Short-term borrowings and current maturities of long-term debt	114		114		371		367
Long-term debt	$	5,526	$	5,362	$	4,044	$	3,902

The following table summarizes the fair value of the Company’s debt:



(In millions)	Fair Value		Level 1		Level 2
March 31, 2019	$	5,635	$	3,075	$	2,560
December 31, 2018	4,305		2,020		2,285

The Level 1 debt was valued using quoted prices in active markets. The Level 2 debt was valued using bid evaluation pricing models or quoted prices of securities with similar characteristics. The fair value of the asset financing arrangements approximates carrying value since the debt is primarily issued at a floating rate, may be prepaid any time at par without penalty, and the remaining life is short-term in nature.

ABL Facility

In October 2015, the Company entered into the Second Amended and Restated Revolving Loan Credit Agreement (the “ABL Facility”). As of March 31, 2019, the Company had a borrowing base of $953 million and availability under the ABL Facility of $727 million after considering outstanding letters of credit on the ABL Facility of $226 million. As of March 31, 2019, the Company was in compliance with the ABL Facility’s financial covenants.

On April 30, 2019, the Company amended the ABL Facility. See Note 11—Subsequent Events, for further information.

Term Loan Facility

2019 Amendments

In March 2019, the Company entered into Amendment No. 4 to Credit Agreement (the “Fourth Amendment”), which permits the Company to incur up to $500 million of incremental term loans under the existing credit agreement on or prior to June 5, 2019 without adjusting the interest rate margin applicable to existing loans outstanding as long as the yield on the incremental term loan does not exceed the yield on the existing loans by 0.75%. Also in March 2019, the Company entered into an Incremental Amendment (Amendment No. 5 to Credit Agreement) (the “Fifth Amendment”), by and among the Company, its subsidiaries signatory thereto, as guarantors, the lenders party thereto and Morgan Stanley Senior Funding, Inc., in its capacity as administrative agent, amending the Senior Secured Term Loan Credit Agreement dated as of October 30, 2015 (as previously amended, amended and restated, supplemented or otherwise modified, the “Term Loan Credit Agreement”).

Pursuant to the Fifth Amendment, the Company borrowed an additional $500 million of incremental loans under a new tranche of term loans (the “Incremental Term Loan Facility”). The terms of the loans under the Incremental Term Loan Facility are substantially similar to those relating to the loans outstanding under the Term Loan Credit Agreement prior to giving effect to the amendment, except with respect to issue price, the interest rate applicable to the Company’s borrowings under the Incremental Term Loan Facility, prepayment premiums in connection with certain voluntary prepayments thereof, and certain other provisions.

The interest rate margin applicable to the Incremental Term Loan Facility is 1.50%, in the case of base rate loans, and 2.50%, in the case of London Interbank Offered Rate (“LIBOR”) loans. Proceeds from borrowings under the Incremental Term Loan Facility will be used: (i) for general corporate purposes, including to fund purchases of equity interests of the Company as described in Note 8—Stockholders’ Equity, and (ii) to pay fees and expenses relating to, or in connection with the transactions contemplated by, the amendment. The incremental loans under the Incremental Term Loan Facility were issued at a price of 99.50% of par.

The interest rate on the Term Loan Facility and the Incremental Term Loan Facility was 4.50% and 4.98%, respectively as of March 31, 2019.

2018 Amendments

In February 2018, the Company amended the Term Loan Facility, which reduced the interest rate under the facility and extended the maturity date to February 23, 2025. The refinancing resulted in a debt extinguishment charge of $10 million during the first quarter of 2018.

Senior Notes due 2024

In February 2019, the Company completed its private placement of $1.0 billion aggregate principal amount of senior notes (“Senior Notes due 2024”). The Senior Notes due 2024 bear interest at a rate of 6.75% per annum, payable semiannually in cash in arrears, commencing August 15, 2019. The Senior Notes due 2024 will mature on August 15, 2024. The Senior Notes due 2024 are guaranteed by each of the Company’s direct and indirect wholly owned restricted subsidiaries (other than certain excluded subsidiaries) that guarantees or is or becomes a borrower under the Company’s ABL Facility or existing secured term loan facility (or certain replacements thereof) or that guarantees certain capital markets indebtedness of the Company or any guarantor of the Senior Notes due 2024. The Senior Notes due 2024 and the guarantees thereof are unsecured, unsubordinated indebtedness of the Company and the guarantors. Proceeds from the Senior Notes due 2024 were used to repay the Company’s outstanding obligation under the Unsecured Credit Facility described below and to finance a portion of its share repurchases as described in Note 8—Stockholders’ Equity.

Trade Securitization Program

In October 2017, XPO Logistics Europe SA (“XPO Logistics Europe”), in which the Company holds an 86.25% controlling interest, entered into a trade receivables securitization program for a term of three years co-arranged by Crédit Agricole and HSBC. The aggregate maximum amount available under the program is €350 million (approximately $393 million as of March 31, 2019). As of March 31, 2019, the remaining borrowing capacity, which considers receivables that are collateral as well as receivables which have been sold, was less than €1 million (less than $1 million) and the weighted-average interest rate was 1.12%. Charges for administrative fees and commitment fees, the latter of which is based on a percentage of the unused amounts available, were not material to the Company’s results of operations for the three months ended March 31, 2019 and 2018.

Unsecured Credit Facility

In December 2018, the Company entered into a $500 million unsecured credit agreement (“Unsecured Credit Agreement”) with Citibank, N.A., with a maturity date of December 23, 2019. As of December 31, 2018, the Company had borrowed $250 million under the Unsecured Credit Agreement. The Company made a second borrowing of $250 million in January 2019. The Company used the proceeds of both borrowings to finance a portion of its share repurchases as described in Note 8—Stockholders’ Equity. In connection with the issuance of the Senior Notes due 2024 offering described above, the Company repaid its outstanding obligations under the Unsecured Credit Agreement and terminated the facility in February 2019.

Stockholders' Equity	3 Months Ended
Stockholders' Equity	Mar. 31, 2019
Equity [Abstract]
Stockholders' Equity	Stockholders’ Equity Share Repurchases On December 14, 2018, the Company’s Board of Directors authorized the repurchase of up to $1 billion of the Company’s common stock (the “2018 Repurchase Program”). Through December 31, 2018, based on the settlement date, the Company purchased and retired 10 million shares of its common stock having an aggregate value of $536 million at an average price of $53.46 per share. In the first quarter of 2019, based on the settlement date, the Company purchased and retired 8 million shares of its common stock having an aggregate value of $464 million at an average price of $59.47 per share, which completed the authorization under the 2018 Repurchase Program. The share repurchases were funded by the Unsecured Credit Facility and available cash. On February 13, 2019, the Company’s Board of Directors authorized additional repurchases of up to $1.5 billion of the Company’s common stock (the “2019 Repurchase Program”). The repurchase authorization permits the Company to repurchase shares in both open market and private repurchase transactions, with the timing and number of shares repurchased dependent on a variety of factors, including price, general business and market conditions, alternative investment opportunities and funding considerations. In the first quarter of 2019, based on the settlement date, the Company purchased and retired 15 million shares of its common stock having an aggregate value of $763 million at an average price of $49.86 per share under the 2019 Repurchase Program. Additionally, through April 30, 2019, based on the settlement date, the Company purchased and retired 2 million shares of its common stock having an aggregate value of $119 million at an average price of $56.74 per share. The share repurchases were funded by available cash and proceeds from new debt offerings. The Company is not obligated to repurchase any specific number of shares and may suspend or discontinue the program at any time. Dividends The Series A Convertible Perpetual Preferred Stock pays quarterly cash dividends equal to the greater of: (i) the “as-converted” dividends on the underlying Company common stock for the relevant quarter, and (ii) 4% of the then-applicable liquidation preference per annum.

Earnings Per Share

3 Months Ended

Mar. 31, 2019

Earnings Per Share [Abstract]

Earnings Per Share

Earnings per Share

Basic and diluted earnings per share are computed using the two-class method, which is an earnings allocation method that determines earnings per share for common shares and participating securities. The participating securities consist of the Company’s Series A Convertible Perpetual Preferred Stock. The undistributed earnings are allocated between common shares and participating securities as if all earnings had been distributed during the period. In periods of loss, no allocation is made to the preferred shares.

The computations of basic and diluted earnings per share are as follows:



	Three Months Ended March 31,
(In millions, except per share data)	2019			2018
Basic earnings per common share
Net income attributable to XPO	$	47		$	73
Series A preferred stock dividends	(1		)	(1		)
Non-cash allocation of undistributed earnings	(3		)	(5		)
Net income attributable to common shares, basic	$	43		$	67

Basic weighted-average common shares	107			120
Basic earnings per share	$	0.40		$	0.56

Diluted earnings per common share
Net income attributable to common shares, diluted	$	43		$	67

Basic weighted-average common shares	107			120
Dilutive effect of non-participating stock-based awards and equity forward	10			13
Diluted weighted-average common shares	117			133

Diluted earnings per share	$	0.37		$	0.50

Potential common shares excluded	10			10

Certain shares were not included in the computation of diluted earnings per share because the effect was anti-dilutive.

Legal and Regulatory Matters	3 Months Ended
Legal and Regulatory Matters	Mar. 31, 2019
Commitments and Contingencies Disclosure [Abstract]
Legal and Regulatory Matters	Legal and Regulatory Matters The Company is involved, and will continue to be involved, in numerous proceedings arising out of the conduct of its business. These proceedings may include, among other matters, claims for property damage or personal injury incurred in connection with the transportation of freight, claims regarding anti-competitive practices, and employment-related claims, including claims involving asserted breaches of employee restrictive covenants and tortious interference with contracts. These matters also include numerous purported class action, multi-plaintiff and individual lawsuits, and administrative proceedings that claim either that the Company’s owner-operators or contract carriers should be treated as employees, rather than independent contractors, or that certain of the Company’s drivers were not paid for all compensable time or were not provided with required meal or rest breaks. These lawsuits and proceedings may seek substantial monetary damages (including claims for unpaid wages, overtime, failure to provide meal and rest periods, unreimbursed business expenses and other items), injunctive relief, or both. The Company establishes accruals for specific legal proceedings when it is considered probable that a loss has been incurred and the amount of the loss can be reasonably estimated. Accruals for loss contingencies are reviewed quarterly and adjusted as additional information becomes available. If a loss is not both probable and reasonably estimable, or if an exposure to loss exists in excess of the amount accrued therefor, the Company assesses whether there is at least a reasonable possibility that a loss, or additional loss, may have been incurred. If there is a reasonable possibility that a loss, or additional loss, may have been incurred, the Company discloses the estimate of the possible loss or range of loss if it is material and an estimate can be made, or states that such an estimate cannot be made. The determination as to whether a loss can reasonably be considered to be possible or probable is based on the Company’s assessment, in conjunction with legal counsel, regarding the ultimate outcome of the matter. The Company believes that it has adequately accrued for the potential impact of loss contingencies that are probable and reasonably estimable. The Company does not believe that the ultimate resolution of any matters to which the Company is presently a party will have a material adverse effect on its results of operations, financial condition or cash flows. However, the results of these matters cannot be predicted with certainty, and an unfavorable resolution of one or more of these matters could have a material adverse effect on the Company’s financial condition, results of operations or cash flows. Legal costs incurred related to these matters are expensed as incurred. The Company carries liability and excess umbrella insurance policies that it deems sufficient to cover potential legal claims arising in the normal course of conducting its operations as a transportation and logistics company. The liability and excess umbrella insurance policies generally do not cover the misclassification claims described in this note. In the event the Company is required to satisfy a legal claim outside the scope of the coverage provided by insurance, the Company’s financial condition, results of operations or cash flows could be negatively impacted. Intermodal Drayage Classification Claims Certain of the Company’s intermodal drayage subsidiaries received notices from the California Labor Commissioner, Division of Labor Standards Enforcement (the “DLSE”), that a total of approximately 150 owner-operators contracted with these subsidiaries filed claims in 2012 with the DLSE in which they assert that they should be classified as employees, rather than independent contractors. These claims seek reimbursement for the owner-operators’ business expenses, including fuel, tractor maintenance and tractor lease payments. Decisions were rendered in June 2015 by a DLSE hearing officer with respect to claims of five plaintiffs, resulting in awards in an aggregate amount of approximately $1 million, following which the Company appealed the decisions in the U.S. District Court for the Central District of California (“Central District Court”). On May 16, 2017, the Central District Court issued judgment finding that the five claimants were employees rather than independent contractors and awarding an aggregate of approximately $1 million plus post-judgment interest and attorneys’ fees to the claimants. The Company appealed this judgment, but on February 20, 2019, the United States Court of Appeals for the Ninth Circuit declined to consider the appeal on technical grounds. In addition, separate decisions were rendered in April 2017 by a DLSE hearing officer in claims involving four additional plaintiffs, resulting in an award for the plaintiffs in an aggregate amount of approximately $1 million, which the Company has appealed to the California Superior Court, Long Beach. The remaining DLSE claims (the “Pending DLSE Claims”) were transferred to California Superior Court in three separate actions involving approximately 170 claimants, including the claimants mentioned above who originally filed claims in 2012. The Company has reached an agreement to settle the majority of the Pending DLSE Claims, the settlement payment has been made, and dismissals are pending. In addition, certain of the Company’s intermodal drayage subsidiaries are party to putative class action litigations and other administrative claims in California brought by independent contract carriers who contracted with these subsidiaries. In these litigations, the contract carriers assert that they should be classified as employees, rather than independent contractors. The Company believes that it has adequately accrued for the potential impact of loss contingencies that are probable and reasonably estimable relating to the claims referenced above. The Company is unable at this time to estimate the amount of the possible loss or range of loss, if any, in excess of its accrued liability that it may incur as a result of these claims given, among other reasons, that the range of potential loss could be impacted substantially by future rulings by the courts involved, including on the merits of the claims. Last Mile Logistics Classification Claims Certain of the Company’s last mile logistics subsidiaries are party to several putative class action litigations brought by independent contract carriers who contracted with these subsidiaries. In these litigations, the contract carriers, and in some cases the contract carriers’ employees, assert that they should be classified as employees, rather than independent contractors. The particular claims asserted vary from case to case, but the claims generally allege unpaid wages, unpaid overtime, or failure to provide meal and rest periods, and seek reimbursement of the contract carriers’ business expenses. The cases include four related matters pending in the Federal District Court, Northern District of California: Ron Carter, Juan Estrada, Jerry Green, Burl Malmgren, Bill McDonald and Joel Morales v. XPO Logistics, Inc. (“Carter”), filed in March 2016; Ramon Garcia v. Macy’s and XPO Logistics Inc. (“Garcia”), filed in July 2016; Kevin Kramer v. XPO Logistics Inc. (“Kramer”), filed in September 2016; and Hector Ibanez v. XPO Last Mile, Inc. (“Ibanez”), filed in May 2017. The Company has reached agreements to settle the Carter, Garcia, Kramer and Ibanez matters and has accrued the full amount of the settlements. The settlements will require court approval. With respect to other pending claims, the Company believes that it has adequately accrued for the potential impact of loss contingencies that are probable and reasonably estimable. The Company is unable at this time to estimate the amount of the possible loss or range of loss, if any, in excess of its accrued liability that it may incur as a result of these claims given, among other reasons, that the number and identities of plaintiffs in these lawsuits are uncertain and the range of potential loss could be impacted substantially by future rulings by the courts involved, including on the merits of the claims. Shareholder Litigation On December 14, 2018, two putative class actions were filed in the U.S. District Court for the District of Connecticut and the U.S. District Court for the Southern District of New York against the Company and certain of its current and former executives, alleging violations of Section 10(b) of the Exchange Act and Rule 10b-5 thereunder, as well as Section 20(a) of the Exchange Act, based on alleged material misstatements and omissions in the Company’s public filings with the U.S. Securities and Exchange Commission. On January 7, 2019, the plaintiff in one of the actions, Leeman v. XPO Logistics, Inc. et al., No. 1:18-cv-11741 (S.D.N.Y.), voluntarily dismissed the action without prejudice. The other action, Labul v. XPO Logistics, Inc. et al., No. 3:18-cv-02062 (D. Conn.), is pending and in the early stages of litigation. The Company intends to defend itself vigorously against the allegations. The Company is unable at this time to determine the amount of the possible loss or range of loss, if any, that it may incur as a result of these matters.

Subsequent Events	3 Months Ended
Subsequent Events	Mar. 31, 2019
Subsequent Events [Abstract]
Subsequent Events	Subsequent Events On April 30, 2019, the Company entered into Amendment No. 3 to the ABL Facility (the “Amendment”), by and among the Company, certain subsidiaries signatory thereto, the lenders party thereto and Morgan Stanley Senior Funding, Inc., in its capacity as agent, amending the ABL Facility, as amended by the Amendment, (the “Amended ABL Facility”). The Amendment amends the ABL Facility to, among other things: (i) extend the maturity date thereof to April 30, 2024 (subject, in certain circumstances, to a springing maturity if more than $200 million of the Company’s Senior Notes due 2022, Senior Notes due 2022 or certain refinancings thereof remain outstanding 91 days prior to their respective maturity); (ii) increase the aggregate principal amount of the commitments thereunder to $1.1 billion; (iii) reduce the interest rate margin and commitment fees thereunder; and (iv) make certain other changes to the covenants and other provisions therein. Loans under the Amended ABL Facility are secured on a first lien basis by the assets of the credit parties which constitute ABL Priority Collateral (as defined therein), and on a second lien basis by certain other assets. Loans under the Amended ABL Facility will bear interest at a rate equal to LIBOR or base rate plus an applicable margin of 1.25% to 1.50%, in the case of LIBOR loans, and 0.25% to 0.50%, in the case of base rate loans.

Organization, Description of Business and Basis of Presentation (Policies)

3 Months Ended

Mar. 31, 2019

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Cash, Cash Equivalents, and Restricted Cash

Restricted Cash

Fair Value Measurements


•	Level 1—Quoted prices for identical instruments in active markets;


•	Level 2—Quoted prices for similar instruments in active markets; quoted prices for identical or similar instruments in markets that are not active; and model-derived valuations in which all significant inputs are observable in active markets; and


•	Level 3—Valuations based on inputs that are unobservable, generally utilizing pricing models or other valuation techniques that reflect management’s judgment and estimates.

Adoption of New Accounting Standards and Accounting Pronouncements Issued but Not Yet Effective

Adoption of New Accounting Standards

Accounting Pronouncements Issued but Not Yet Effective

Segment Reporting

The Company is organized into two reportable segments: Transportation and Logistics.

Revenue Recognition

Earnings Per Share

Earnings per Share

Organization, Description of Business and Basis of Presentation (Tables)

3 Months Ended

Mar. 31, 2019

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Schedule of Accounts Receivable Securitization and Factoring Programs

The following table provides information related to our receivables securitization and factoring programs for the quarters ended:



	March 31,		March 31,
(In millions)	2019		2018
Securitization program
Receivables sold	$	323	$	—
Cash consideration	260		—
Deferred purchase price	63		—

Factoring programs
Receivables sold	184		141
Cash consideration	183		141

Summary of Carrying Value and Valuation of Financial Instruments Within the Fair-Value Hierarchy

The following table summarizes the fair value hierarchy of cash equivalents:



(In millions)	Carrying Value		Fair Value		Level 1		Level 2
March 31, 2019	$	171	$	171	$	168	$	3
December 31, 2018	237		237		236		1

The following table summarizes the fair value of the Company’s debt:



(In millions)	Fair Value		Level 1		Level 2
March 31, 2019	$	5,635	$	3,075	$	2,560
December 31, 2018	4,305		2,020		2,285

Segment Reporting (Tables)

3 Months Ended

Mar. 31, 2019

Segment Reporting [Abstract]

Selected Financial Data for Each Operating Segment

The following table shows selected financial data for the three months ended March 31, 2019 and 2018:



(In millions)	Transportation		Logistics		Corporate			Eliminations			Total
Three months ended March 31, 2019
Revenue	$	2,659	$	1,494	$	—		$	(33	)	$	4,120
Operating income (loss)	128		46		(42		)	—			132
Depreciation and amortization	116		61		3			—			180

Three months ended March 31, 2018
Revenue	$	2,774	$	1,448	$	—		$	(30	)	$	4,192
Operating income (loss)	139		48		(46		)	—			141
Depreciation and amortization	114		55		2			—			171

Revenue Recognition (Tables)

3 Months Ended

Mar. 31, 2019

Revenue from Contract with Customer [Abstract]

Summary of Disaggregation of Revenues

The following tables present the Company’s revenue disaggregated by geographic area based on sales office location:



	Three Months Ended March 31, 2019
(In millions)	Transportation		Logistics		Eliminations			Total
Revenue
United States	$	1,836	$	557	$	(5	)	$	2,388
North America (excluding United States)	67		18		—			85
France	364		169		(5		)	528
United Kingdom	188		335		(18		)	505
Europe (excluding France and United Kingdom)	201		392		(4		)	589
Other	3		23		(1		)	25
Total	$	2,659	$	1,494	$	(33	)	$	4,120



	Three Months Ended March 31, 2018
(In millions)	Transportation		Logistics		Eliminations			Total
Revenue
United States	$	1,954	$	502	$	(5	)	$	2,451
North America (excluding United States)	62		13		—			75
France	389		179		(4		)	564
United Kingdom	170		339		(16		)	493
Europe (excluding France and United Kingdom)	196		390		(4		)	582
Other	3		25		(1		)	27
Total	$	2,774	$	1,448	$	(30	)	$	4,192

The following table presents the Company’s revenue disaggregated by service offering:



	Three Months Ended March 31,
(In millions)	2019			2018
Transportation:
Freight brokerage and truckload	$	1,092		$	1,179
LTL	1,179			1,173
Last mile⁽¹⁾	224			238
Managed transportation	124			137
Global forwarding	77			82
Transportation eliminations	(37		)	(35		)
Total Transportation segment revenue	2,659			2,774
Total Logistics segment revenue	1,494			1,448
Intersegment eliminations	(33		)	(30		)
Total revenue	$	4,120		$	4,192


(1)	Comprised of the Company’s North American last mile operations.

Restructuring Charges (Tables)

3 Months Ended

Mar. 31, 2019

Restructuring and Related Activities [Abstract]

Schedule of Restructuring Related Activity

The following table sets forth the restructuring-related activity:



			Three Months Ended March 31, 2019
(In millions)	Reserve Balance as of December 31, 2018		Charges Incurred		Payments			Foreign Exchange and Other			Reserve Balance as of March 31, 2019
Severance:
Transportation	$	9	$	9	$	(7	)	$	1		$	12
Logistics	5		1		(1		)	(1		)	4
Corporate	2		—		(1		)	1			2
Total severance	16		10		(9		)	1			18
Facilities:
Transportation	—		3		—			—			3
Total	$	16	$	13	$	(9	)	$	1		$	21

Leases (Tables)

3 Months Ended

Mar. 31, 2019

Leases [Abstract]

Schedule of Components of Lease Expense and Gain Realized on Sales Leaseback Transactions

The components of lease expense and gain realized on sale-leaseback transactions were as follows:



(In millions)	Three Months Ended March 31, 2019
Operating lease cost	$	175
Short-term lease cost	46
Variable lease cost	18
Total operating lease cost	$	239
Finance lease cost:
Amortization of leased assets	$	11
Interest on lease liabilities	2
Total finance lease cost	$	13
Total lease cost	$	252
Gain recognized on sale-leaseback transactions	$	19

Supplemental cash flow information related to leases was as follows:



(In millions)	Three Months Ended March 31, 2019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	265
Operating cash flows from finance leases	2
Financing cash flows from finance leases	15
Leased assets obtained in exchange for new lease obligations:
Operating leases	175
Finance leases	13

Schedule of Supplemental Balance Sheet Information

Supplemental balance sheet information related to leases was as follows:



(In millions)	March 31, 2019
Operating leases:
Operating lease assets	$	2,047
Short-term operating lease liabilities	448
Operating lease liabilities	1,586
Total operating lease liabilities	$	2,034
Finance leases:
Property and equipment, gross	$	390
Accumulated depreciation	(90		)
Property and equipment, net	$	300
Short-term borrowings and current maturities of long-term debt	53
Long-term debt	231
Total finance lease liabilities	$	284
Weighted-average remaining lease term
Operating leases	6 years
Finance leases	5 years
Weighted-average discount rate
Operating leases	5.12		%
Finance leases	2.55		%

Schedule of Maturities of Finance Lease Liabilities

Maturities of lease liabilities as of March 31, 2019 were as follows:



(In millions)	Finance Leases			Operating Leases
Remainder of 2019	$	46		$	395
2020	58			521
2021	55			396
2022	51			304
2023	52			227
Thereafter	40			561
Total lease payments	$	302		$	2,404
Less: interest	(18		)	(370		)
Present value of lease liabilities	$	284		$	2,034

Schedule of Maturities of Operating Lease Liabilities

Maturities of lease liabilities as of March 31, 2019 were as follows:



(In millions)	Finance Leases			Operating Leases
Remainder of 2019	$	46		$	395
2020	58			521
2021	55			396
2022	51			304
2023	52			227
Thereafter	40			561
Total lease payments	$	302		$	2,404
Less: interest	(18		)	(370		)
Present value of lease liabilities	$	284		$	2,034

Schedule of Future Minimum Lease Payments for Capital Leases

Future minimum lease payments with initial or remaining non-cancelable lease terms in excess of one year as of December 31, 2018 were as follows:



(In millions)	Capital Leases			Operating Leases
Year ending December 31:
2019	$	61		$	577
2020	60			460
2021	55			367
2022	52			288
2023	43			221
Thereafter	39			523
Total minimum lease payments	$	310		$	2,436
Amount representing interest	(21		)
Present value of minimum lease payments	$	289

Schedule of Future Minimum Lease Payments for Operating Leases

Future minimum lease payments with initial or remaining non-cancelable lease terms in excess of one year as of December 31, 2018 were as follows:



(In millions)	Capital Leases			Operating Leases
Year ending December 31:
2019	$	61		$	577
2020	60			460
2021	55			367
2022	52			288
2023	43			221
Thereafter	39			523
Total minimum lease payments	$	310		$	2,436
Amount representing interest	(21		)
Present value of minimum lease payments	$	289

Derivative Instruments (Tables)

3 Months Ended

Mar. 31, 2019

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Derivative Instruments Measured at Fair Value in Statement of Financial Position



	March 31, 2019
			Derivative Assets			Derivative Liabilities
(In millions)	Notional Amount		Balance Sheet Caption	Fair Value		Balance Sheet Caption	Fair Value
Derivatives designated as hedges:
Cross-currency swap agreements	$	1,261	Other long-term assets	$	—	Other long-term liabilities	$	(42	)
Interest rate swap	3,506		Other current assets	—		Other current liabilities	(6		)
Derivatives not designated as hedges:
Foreign currency option contracts	673		Other current assets	5		Other current liabilities	(1		)
Total				$	5		$	(49	)



	December 31, 2018
			Derivative Assets			Derivative Liabilities
(In millions)	Notional Amount		Balance Sheet Caption	Fair Value		Balance Sheet Caption	Fair Value
Derivatives designated as hedges:
Cross-currency swap agreements	$	1,270	Other long-term assets	$	—	Other long-term liabilities	$	(81	)
Derivatives not designated as hedges:
Foreign currency option contracts	473		Other current assets	7		Other current liabilities	—
Total				$	7		$	(81	)

Schedule of Gains and Losses Recognized on the Balance Sheet for Derivative Instruments

The effect of derivative instruments designated as hedges in the Condensed Consolidated Statements of Income for the three months ended March 31, 2019 and 2018, are as follows:



	Amount of Gain (Loss) Recognized in Other Comprehensive Income on Derivatives						Amount of Gain (Loss) Reclassified from AOCI into Net Income					Amount of Gain (Loss) Recognized in Income on Derivative (Amount Excluded from Effectiveness Testing)
	Three Months Ended March 31,
(In millions)	2019			2018			2019		2018			2019		2018
Derivatives designated as cash flow hedges:
Cross-currency swap agreements	$	6		$	(11	)	$	5	$	(2	)	$	—	$	—
Interest rate swaps	(6		)	—			—		—			—		—
Derivatives designated as net investment hedges:
Cross-currency swap agreements	35			(47		)	—		—			2		(3		)
Total	$	35		$	(58	)	$	5	$	(2	)	$	2	$	(3	)

Debt (Tables)

3 Months Ended

Mar. 31, 2019

Debt Disclosure [Abstract]

Schedule of Debt

The following table summarizes the Company’s debt:



	March 31, 2019				December 31, 2018
(In millions)	Principal Balance		Carrying Value		Principal Balance		Carrying Value
ABL facility	$	—	$	—	$	—	$	—
Term loan facility	2,003		1,965		1,503		1,474
6.125% Senior notes due 2023	535		529		535		529
6.50% Senior notes due 2022	1,200		1,190		1,200		1,190
6.70% Senior debentures due 2034	300		206		300		205
6.75% Senior notes due 2024	1,000		985		—		—
Trade securitization program	272		270		283		281
Unsecured credit facility	—		—		250		246
Finance leases	284		284		289		289
Asset financing and other	46		47		55		55
Total debt	5,640		5,476		4,415		4,269
Short-term borrowings and current maturities of long-term debt	114		114		371		367
Long-term debt	$	5,526	$	5,362	$	4,044	$	3,902

Schedule of Fair Value of Debt

The following table summarizes the fair value hierarchy of cash equivalents:



(In millions)	Carrying Value		Fair Value		Level 1		Level 2
March 31, 2019	$	171	$	171	$	168	$	3
December 31, 2018	237		237		236		1

The following table summarizes the fair value of the Company’s debt:



(In millions)	Fair Value		Level 1		Level 2
March 31, 2019	$	5,635	$	3,075	$	2,560
December 31, 2018	4,305		2,020		2,285

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

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+ Details

Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2019

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted

In periods of loss, no allocation is made to the preferred shares.

The computations of basic and diluted earnings per share are as follows:



	Three Months Ended March 31,
(In millions, except per share data)	2019			2018
Basic earnings per common share
Net income attributable to XPO	$	47		$	73
Series A preferred stock dividends	(1		)	(1		)
Non-cash allocation of undistributed earnings	(3		)	(5		)
Net income attributable to common shares, basic	$	43		$	67

Basic weighted-average common shares	107			120
Basic earnings per share	$	0.40		$	0.56

Diluted earnings per common share
Net income attributable to common shares, diluted	$	43		$	67

Basic weighted-average common shares	107			120
Dilutive effect of non-participating stock-based awards and equity forward	10			13
Diluted weighted-average common shares	117			133

Diluted earnings per share	$	0.37		$	0.50

Potential common shares excluded	10			10

Organization, Description of Business and Basis of Presentation - Narrative (Details) $ in Millions	3 Months Ended
	Mar. 31, 2019 USD ($) segment	Mar. 31, 2018 USD ($)	Dec. 31, 2018 USD ($)
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Number of reportable segments \| segment	2
Realization of cash on deferred purchase price receivable	$ 71	$ 0
Other long-term assets
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Restricted cash included in other long-term assets	$ 13		$ 12

Organization, Description of Business and Basis of Presentation - Schedule of Accounts Receivable Securitization and Factoring Programs (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Securitization program
Receivables sold	$ 323	$ 0
Cash consideration	260	0
Deferred purchase price	63	0
Factoring programs
Receivables sold	184	141
Cash consideration	$ 183	$ 141

Organization, Description of Business and Basis of Presentation - Schedule of Financial Instruments Within the Fair Value Hierarchy (Details) - USD ($) $ in Millions	Mar. 31, 2019	Dec. 31, 2018
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents	$ 171	$ 237
Carrying Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents	171	237
Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents	168	236
Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents	$ 3	$ 1

Segment Reporting - Narrative (Details)	3 Months Ended
Segment Reporting - Narrative (Details)	Mar. 31, 2019 segment
Segment Reporting [Abstract]
Number of reportable segments	2

Segment Reporting - Selected Financial Data for Each of Operating Segments (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Segment Reporting Information [Line Items]
Revenue	$ 4,120	$ 4,192
Operating income (loss)	132	141
Depreciation and amortization	180	171
Transportation
Segment Reporting Information [Line Items]
Revenue	2,659	2,774
Operating Segments \| Transportation
Segment Reporting Information [Line Items]
Revenue	2,659	2,774
Operating income (loss)	128	139
Depreciation and amortization	116	114
Operating Segments \| Logistics
Segment Reporting Information [Line Items]
Revenue	1,494	1,448
Operating income (loss)	46	48
Depreciation and amortization	61	55
Corporate
Segment Reporting Information [Line Items]
Revenue	0	0
Operating income (loss)	(42)	(46)
Depreciation and amortization	3	2
Eliminations
Segment Reporting Information [Line Items]
Revenue	(33)	(30)
Operating income (loss)	0	0
Depreciation and amortization	$ 0	$ 0

Revenue Recognition - Disaggregation of Revenue by Geographical Area (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Disaggregation of Revenue [Line Items]
Revenue	$ 4,120	$ 4,192
United States
Disaggregation of Revenue [Line Items]
Revenue	2,388	2,451
North America (excluding United States)
Disaggregation of Revenue [Line Items]
Revenue	85	75
France
Disaggregation of Revenue [Line Items]
Revenue	528	564
United Kingdom
Disaggregation of Revenue [Line Items]
Revenue	505	493
Europe (excluding France and United Kingdom)
Disaggregation of Revenue [Line Items]
Revenue	589	582
Other
Disaggregation of Revenue [Line Items]
Revenue	25	27
Eliminations
Disaggregation of Revenue [Line Items]
Revenue	(33)	(30)
Eliminations \| United States
Disaggregation of Revenue [Line Items]
Revenue	(5)	(5)
Eliminations \| North America (excluding United States)
Disaggregation of Revenue [Line Items]
Revenue	0	0
Eliminations \| France
Disaggregation of Revenue [Line Items]
Revenue	(5)	(4)
Eliminations \| United Kingdom
Disaggregation of Revenue [Line Items]
Revenue	(18)	(16)
Eliminations \| Europe (excluding France and United Kingdom)
Disaggregation of Revenue [Line Items]
Revenue	(4)	(4)
Eliminations \| Other
Disaggregation of Revenue [Line Items]
Revenue	(1)	(1)
Transportation
Disaggregation of Revenue [Line Items]
Revenue	2,659	2,774
Transportation \| United States
Disaggregation of Revenue [Line Items]
Revenue	1,836	1,954
Transportation \| North America (excluding United States)
Disaggregation of Revenue [Line Items]
Revenue	67	62
Transportation \| France
Disaggregation of Revenue [Line Items]
Revenue	364	389
Transportation \| United Kingdom
Disaggregation of Revenue [Line Items]
Revenue	188	170
Transportation \| Europe (excluding France and United Kingdom)
Disaggregation of Revenue [Line Items]
Revenue	201	196
Transportation \| Other
Disaggregation of Revenue [Line Items]
Revenue	3	3
Transportation \| Eliminations
Disaggregation of Revenue [Line Items]
Revenue	(37)	(35)
Logistics
Disaggregation of Revenue [Line Items]
Revenue	1,494	1,448
Logistics \| United States
Disaggregation of Revenue [Line Items]
Revenue	557	502
Logistics \| North America (excluding United States)
Disaggregation of Revenue [Line Items]
Revenue	18	13
Logistics \| France
Disaggregation of Revenue [Line Items]
Revenue	169	179
Logistics \| United Kingdom
Disaggregation of Revenue [Line Items]
Revenue	335	339
Logistics \| Europe (excluding France and United Kingdom)
Disaggregation of Revenue [Line Items]
Revenue	392	390
Logistics \| Other
Disaggregation of Revenue [Line Items]
Revenue	$ 23	$ 25

Revenue Recognition - Disaggregation of Revenue by Products and Services (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Disaggregation of Revenue [Line Items]
Revenue, excluding assessed taxes	$ 4,120	$ 4,192
Total revenue	4,120	4,192
Eliminations
Disaggregation of Revenue [Line Items]
Revenue, excluding assessed taxes	(33)	(30)
Total revenue	(33)	(30)
Transportation
Disaggregation of Revenue [Line Items]
Revenue, excluding assessed taxes	2,659	2,774
Total revenue	2,659	2,774
Transportation \| Freight brokerage and truckload
Disaggregation of Revenue [Line Items]
Revenue, excluding assessed taxes	1,092	1,179
Transportation \| LTL
Disaggregation of Revenue [Line Items]
Revenue, excluding assessed taxes	1,179	1,173
Transportation \| Last mile
Disaggregation of Revenue [Line Items]
Revenue, excluding assessed taxes	224	238
Transportation \| Managed transportation
Disaggregation of Revenue [Line Items]
Revenue, excluding assessed taxes	124	137
Transportation \| Global forwarding
Disaggregation of Revenue [Line Items]
Revenue, including assessed taxes	77	82
Transportation \| Eliminations
Disaggregation of Revenue [Line Items]
Revenue, excluding assessed taxes	(37)	(35)
Logistics
Disaggregation of Revenue [Line Items]
Revenue, excluding assessed taxes	$ 1,494	$ 1,448

Revenue Recognition - Performance Obligations (Details) $ in Billions	Mar. 31, 2019 USD ($)
Revenue from Contract with Customer [Abstract]
Performance obligations expected to be satisfied	$ 1.6
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2019-04-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation, percentage	80.00%
Performance obligations expected to be satisfied, expected timing	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2021-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Performance obligations expected to be satisfied, expected timing	1 year

Restructuring Charges - Schedule of Restructuring Related Activity (Details) $ in Millions	3 Months Ended
	Mar. 31, 2019 USD ($)
Restructuring Reserve [Roll Forward]
Reserve Balance as of December 31, 2018	$ 16
Charges Incurred	13
Payments	(9)
Foreign Exchange and Other	1
Reserve Balance as of March 31, 2019	21
Severance
Restructuring Reserve [Roll Forward]
Reserve Balance as of December 31, 2018	16
Charges Incurred	10
Payments	(9)
Foreign Exchange and Other	1
Reserve Balance as of March 31, 2019	18
Operating Segments \| Transportation \| Severance
Restructuring Reserve [Roll Forward]
Reserve Balance as of December 31, 2018	9
Charges Incurred	9
Payments	(7)
Foreign Exchange and Other	1
Reserve Balance as of March 31, 2019	12
Operating Segments \| Transportation \| Facilities
Restructuring Reserve [Roll Forward]
Reserve Balance as of December 31, 2018	0
Charges Incurred	3
Payments	0
Foreign Exchange and Other	0
Reserve Balance as of March 31, 2019	3
Operating Segments \| Logistics \| Severance
Restructuring Reserve [Roll Forward]
Reserve Balance as of December 31, 2018	5
Charges Incurred	1
Payments	(1)
Foreign Exchange and Other	(1)
Reserve Balance as of March 31, 2019	4
Corporate \| Severance
Restructuring Reserve [Roll Forward]
Reserve Balance as of December 31, 2018	2
Charges Incurred	0
Payments	(1)
Foreign Exchange and Other	1
Reserve Balance as of March 31, 2019	$ 2

Restructuring Charges - Narrative (Details) $ in Millions	3 Months Ended
Restructuring Charges - Narrative (Details) $ in Millions	Mar. 31, 2019 USD ($)
Restructuring Cost and Reserve [Line Items]
Restructuring charges	$ 13
Cost of transportation and services
Restructuring Cost and Reserve [Line Items]
Restructuring charges	3
Selling, General and Administrative Expenses
Restructuring Cost and Reserve [Line Items]
Restructuring charges	$ 10

Leases - Narrative (Details) - USD ($) $ in Millions		3 Months Ended
Leases - Narrative (Details) - USD ($) $ in Millions	Jan. 01, 2019	Mar. 31, 2019
Lessee, Lease, Description [Line Items]
Operating lease assets		$ 2,047
Operating lease liability		2,034
Increase in retained earnings related to deferred gain on sale leaseback transaction		$ 19
Accounting Standards Update 2016-02
Lessee, Lease, Description [Line Items]
Operating lease assets	$ 2,100
Operating lease liability	2,100
Retained Earnings \| Accounting Standards Update 2016-02
Lessee, Lease, Description [Line Items]
Increase in retained earnings related to deferred gain on sale leaseback transaction	$ 6

Leases - Components of Lease Expense and Gain Realized on Sales Leaseback Transactions (Details) $ in Millions	3 Months Ended
	Mar. 31, 2019 USD ($)
Leases [Abstract]
Operating lease cost	$ 175
Short-term lease cost	46
Variable lease cost	18
Total operating lease cost	239
Amortization of leased assets	11
Interest on lease liabilities	2
Total finance lease cost	13
Total lease cost	252
Gain recognized on sale-leaseback transactions	$ 19

Leases - Supplemental Balance Sheet Information Related to Leases (Details) $ in Millions	Mar. 31, 2019 USD ($)
Operating leases:
Operating lease assets	$ 2,047
Short-term operating lease liabilities	448
Operating lease liabilities	1,586
Total operating lease liabilities	2,034
Finance leases:
Property and equipment, gross	390
Accumulated depreciation	(90)
Property and equipment, net	300
Short-term borrowings and current maturities of long-term debt	53
Long-term debt	231
Total finance lease liabilities	$ 284
Weighted-average remaining lease term
Operating leases	6 years
Finance leases	5 years
Weighted-average discount rate
Operating leases	5.12%
Finance leases	2.55%

Leases - Supplemental Cash Flow Information Related to Leases (Details) $ in Millions	3 Months Ended
	Mar. 31, 2019 USD ($)
Leases [Abstract]
Operating cash flows from operating leases	$ 265
Operating cash flows from finance leases	2
Financing cash flows from finance leases	15
Leased assets obtained in exchange for new lease obligations:
Operating leases	175
Finance leases	$ 13

Leases - Maturities of Financing and Operating Lease Liabilities (Details) $ in Millions	Mar. 31, 2019 USD ($)
Finance Leases
Remainder of 2019	$ 46
2020	58
2021	55
2022	51
2023	52
Thereafter	40
Total lease payments	302
Less: interest	(18)
Present value of lease liabilities	284
Operating Leases
Remainder of 2019	395
2020	521
2021	396
2022	304
2023	227
Thereafter	561
Total lease payments	2,404
Less: interest	(370)
Present value of lease liabilities	$ 2,034

Leases - Future Minimum Lease Payments Under Topic 840 (Details) $ in Millions	Dec. 31, 2018 USD ($)
Capital Leases
2019	$ 61
2020	60
2021	55
2022	52
2023	43
Thereafter	39
Total minimum lease payments	310
Amount representing interest	(21)
Present value of minimum lease payments	289
Operating Leases, Future Minimum Payments Due, Fiscal Year Maturity [Abstract]
2019	577
2020	460
2021	367
2022	288
2023	221
Thereafter	523
Total minimum lease payments	$ 2,436

Derivative Instruments - Schedule of Derivative Instruments Measured at Fair Value in Statement of Financial Position (Details) - USD ($) $ in Millions	Mar. 31, 2019	Dec. 31, 2018
Derivatives, Fair Value [Line Items]
Derivative Assets	$ 5	$ 7
Derivative Liabilities	(49)	(81)
Level 2 \| Derivatives designated as hedges \| Cross-currency swap agreements \| Other Long Term Assets and Other Long Term Liabilities
Derivatives, Fair Value [Line Items]
Notional Amount	1,261	1,270
Level 2 \| Derivatives designated as hedges \| Cross-currency swap agreements \| Other long-term assets
Derivatives, Fair Value [Line Items]
Derivative Assets	0	0
Level 2 \| Derivatives designated as hedges \| Cross-currency swap agreements \| Other long-term liabilities
Derivatives, Fair Value [Line Items]
Derivative Liabilities	(42)	(81)
Level 2 \| Derivatives designated as hedges \| Interest rate swap \| Other Current Assets and Other Current Liabilities
Derivatives, Fair Value [Line Items]
Notional Amount	3,506
Level 2 \| Derivatives designated as hedges \| Interest rate swap \| Other current assets
Derivatives, Fair Value [Line Items]
Derivative Assets	0
Level 2 \| Derivatives designated as hedges \| Interest rate swap \| Other current liabilities
Derivatives, Fair Value [Line Items]
Derivative Liabilities	(6)
Level 2 \| Derivatives not designated as hedges \| Foreign currency option contracts \| Other Current Assets and Other Current Liabilities
Derivatives, Fair Value [Line Items]
Notional Amount	673	473
Level 2 \| Derivatives not designated as hedges \| Foreign currency option contracts \| Other current assets
Derivatives, Fair Value [Line Items]
Derivative Assets	5	7
Level 2 \| Derivatives not designated as hedges \| Foreign currency option contracts \| Other current liabilities
Derivatives, Fair Value [Line Items]
Derivative Liabilities	$ (1)	$ 0

Derivative Instruments - Schedule of Gains and Losses Recognized on the Statements of Income for Derivative Instruments (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain (Loss) Recognized in Other Comprehensive Income on Derivatives	$ 35	$ (58)
Amount of Gain (Loss) Reclassified from AOCI into Net Income	5	(2)
Amount of Gain (Loss) Recognized in Income on Derivative (Amount Excluded from Effectiveness Testing)	2	(3)
Cross-currency swap agreements \| Derivatives designated as hedges
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain (Loss) Recognized in Other Comprehensive Income on Derivatives	6	(11)
Amount of Gain (Loss) Reclassified from AOCI into Net Income	5	(2)
Amount of Gain (Loss) Recognized in Income on Derivative (Amount Excluded from Effectiveness Testing)	0	0
Cross-currency swap agreements \| Derivatives not designated as hedges
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain (Loss) Recognized in Other Comprehensive Income on Derivatives	35	(47)
Amount of Gain (Loss) Reclassified from AOCI into Net Income	0	0
Amount of Gain (Loss) Recognized in Income on Derivative (Amount Excluded from Effectiveness Testing)	2	(3)
Interest rate swap \| Derivatives designated as hedges
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain (Loss) Recognized in Other Comprehensive Income on Derivatives	(6)	0
Amount of Gain (Loss) Reclassified from AOCI into Net Income	0	0
Amount of Gain (Loss) Recognized in Income on Derivative (Amount Excluded from Effectiveness Testing)	$ 0	$ 0

Derivative Instruments - Narrative (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018	Aug. 25, 2016	Jun. 04, 2015
Derivative [Line Items]
Reclassification of cash from operating activities to investing activities		$ 8
Derivatives designated as hedges \| Cross-currency swap agreements
Derivative [Line Items]
Pre-tax gain (loss) recognized in earnings	$ (2)	3
Derivatives not designated as hedges
Derivative [Line Items]
Pre-tax gain (loss) recognized in earnings	(2)	(12)
Derivatives not designated as hedges \| Cross-currency swap agreements
Derivative [Line Items]
Pre-tax gain (loss) recognized in earnings	$ (30)	$ (40)
Maximum \| Derivatives not designated as hedges \| Foreign currency option and forward contracts
Derivative [Line Items]
Derivative, term of contract	12 months
6.125% Senior notes due 2023
Derivative [Line Items]
Stated interest rate	6.125%		6.125%
6.50% Senior notes due 2022
Derivative [Line Items]
Stated interest rate	6.50%			6.50%

Debt - Schedule of Long-term Debt (Details) - USD ($) $ in Millions	Mar. 31, 2019	Feb. 28, 2019	Dec. 31, 2018	Aug. 25, 2016	Jun. 04, 2015
Debt Instrument [Line Items]
Total debt, principal balance	$ 5,640		$ 4,415
Short-term debt and current maturities of long-term debt, principal balance	114		371
Long-term debt excluding current maturities, principal balance	5,526		4,044
Total debt, carrying value	5,635		4,305
Long-term debt, carrying value	5,362		3,902
Finance leases
Debt Instrument [Line Items]
Long-term debt, principal balance	284		289
Term loan facility
Debt Instrument [Line Items]
Long-term debt, principal balance	2,003		1,503
6.125% Senior notes due 2023
Debt Instrument [Line Items]
Long-term debt, principal balance	$ 535		535
Stated interest rate	6.125%			6.125%
6.50% Senior notes due 2022
Debt Instrument [Line Items]
Long-term debt, principal balance	$ 1,200		1,200
Stated interest rate	6.50%				6.50%
6.70% Senior debentures due 2034
Debt Instrument [Line Items]
Long-term debt, principal balance	$ 300		300
Stated interest rate	6.70%
6.75% Senior notes due 2024
Debt Instrument [Line Items]
Long-term debt, principal balance	$ 1,000		0
Stated interest rate	6.75%	6.75%
Trade securitization program
Debt Instrument [Line Items]
Long-term debt, principal balance	$ 272		283
Asset financing and other
Debt Instrument [Line Items]
Long-term debt, principal balance	46		55
Carrying Value
Debt Instrument [Line Items]
Total debt, carrying value	5,476		4,269
Short-term debt and current maturities of long-term debt, carrying value	114		367
Long-term debt, carrying value	5,362		3,902
Carrying Value \| Finance leases
Debt Instrument [Line Items]
Total debt, carrying value	284		289
Carrying Value \| Term loan facility
Debt Instrument [Line Items]
Total debt, carrying value	1,965		1,474
Carrying Value \| 6.125% Senior notes due 2023
Debt Instrument [Line Items]
Total debt, carrying value	529		529
Carrying Value \| 6.50% Senior notes due 2022
Debt Instrument [Line Items]
Total debt, carrying value	1,190		1,190
Carrying Value \| 6.70% Senior debentures due 2034
Debt Instrument [Line Items]
Total debt, carrying value	206		205
Carrying Value \| 6.75% Senior notes due 2024
Debt Instrument [Line Items]
Total debt, carrying value	985		0
Carrying Value \| Trade securitization program
Debt Instrument [Line Items]
Total debt, carrying value	270		281
Carrying Value \| Asset financing and other
Debt Instrument [Line Items]
Total debt, carrying value	47		55
ABL facility
Debt Instrument [Line Items]
Long-term debt, principal balance	0		0
ABL facility \| Carrying Value
Debt Instrument [Line Items]
Total debt, carrying value	0		0
Unsecured credit facility
Debt Instrument [Line Items]
Short-term borrowing, principal balance	0		250
Unsecured credit facility \| Carrying Value
Debt Instrument [Line Items]
Short-term borrowing, carrying value	$ 0		$ 246

Debt - Fair Value of Debt (Details) - USD ($) $ in Millions	Mar. 31, 2019	Dec. 31, 2018
Debt Instrument [Line Items]
Fair value of debt	$ 5,635	$ 4,305
Level 1
Debt Instrument [Line Items]
Fair value of debt	3,075	2,020
Level 2
Debt Instrument [Line Items]
Fair value of debt	$ 2,560	$ 2,285

Debt - ABL Facility (Details) - ABL facility $ in Millions	Mar. 31, 2019 USD ($)
Debt Instrument [Line Items]
Line of credit facility, borrowing base	$ 953
Remaining borrowing availability	727
Line of credit facility, amount drawn	$ 226

- Definition

The carrying value as of the balance sheet date of the current and noncurrent portions of long-term obligations drawn from a line of credit, which is a bank's commitment to make loans up to a specific amount. Examples of items that might be included in the application of this element may consist of letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to a maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. Includes short-term obligations that would normally be classified as current liabilities but for which (a) postbalance sheet date issuance of a long term obligation to refinance the short term obligation on a long term basis, or (b) the enterprise has entered into a financing agreement that clearly permits the enterprise to refinance the short-term obligation on a long term basis and the following conditions are met (1) the agreement does not expire within 1 year and is not cancelable by the lender except for violation of an objectively determinable provision, (2) no violation exists at the BS date, and (3) the lender has entered into the financing agreement is expected to be financially capable of honoring the agreement.

+ References + Details

Debt - Term Loan Facility (Details) - USD ($)	1 Months Ended	3 Months Ended
Debt - Term Loan Facility (Details) - USD ($)	Mar. 31, 2019	Mar. 31, 2019	Mar. 31, 2018
Debt Instrument [Line Items]
Debt extinguishment loss		$ 5,000,000	$ 10,000,000
Incremental Loan Facility
Debt Instrument [Line Items]
Debt issued as a percentage of par value	99.50%	99.50%
Incremental Loan Facility \| Base Rate
Debt Instrument [Line Items]
Interest rate margin	1.50%
Incremental Loan Facility \| London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Interest rate margin	2.50%
Amendment No. 5 to Credit Agreement \| Incremental Loan Facility
Debt Instrument [Line Items]
Proceeds from issuance of debt	$ 500,000,000
Secured Debt \| Term Loan Facility
Debt Instrument [Line Items]
Annual effective interest rate	4.50%	4.50%
Secured Debt \| Incremental Loan Facility
Debt Instrument [Line Items]
Annual effective interest rate	4.98%	4.98%
Secured Debt \| Amendment No. 4 to Credit Agreement
Debt Instrument [Line Items]
Debt instrument face amount	$ 500,000,000	$ 500,000,000
Percentage of yield on incremental term loan in excess of yield on existing loans	0.75%	0.75%

Debt - Senior Notes (Details) - 6.75% Senior notes due 2024 - USD ($)	Mar. 31, 2019	Feb. 28, 2019
Debt Instrument [Line Items]
Debt instrument face amount		$ 1,000,000,000
Stated interest rate	6.75%	6.75%

Debt - Trade Securitization Program (Details) $ in Millions	1 Months Ended
Debt - Trade Securitization Program (Details) $ in Millions	Oct. 31, 2017	Mar. 31, 2019 USD ($)	Mar. 31, 2019 EUR (€)
Trade Receivables Securitization Program \| XPO Collections Designated Activity Company Limited \| Affiliated Entity
Debt Instrument [Line Items]
Trade securitization program, term	3 years
Aggregate maximum borrowing capacity		$ 393	€ 350,000,000
Remaining borrowing availability		$ 1	€ 1,000,000
Weighted average interest rate		1.12%	1.12%
XPO Logistics Europe SA
Debt Instrument [Line Items]
Controlling interest percentage in subsidiary		86.25%	86.25%

Debt - Unsecured Credit Facility (Details) - Unsecured Credit Facility - USD ($)	1 Months Ended
	Jan. 31, 2019	Dec. 31, 2018
Debt Instrument [Line Items]
Debt instrument face amount		$ 500,000,000
Proceeds from debt	$ 250,000,000	$ 250,000,000

Stockholders' Equity - Narrative (Details) - USD ($) $ / shares in Units, shares in Millions	1 Months Ended		3 Months Ended
	Apr. 25, 2019	Dec. 31, 2018	Mar. 31, 2019	Feb. 13, 2019	Dec. 14, 2018
Convertible Preferred Stock
Class of Stock [Line Items]
Preferred stock liquidation preference percentage			4.00%
2018 Share Repurchase Program
Class of Stock [Line Items]
Stock repurchase program authorized amount					$ 1,000,000,000
Shares repurchased and retired (in shares)		10	8
Aggregate value of shares repurchased and retired		$ 536,000,000	$ 464,000,000
Shares repurchased, average price per share (in usd per share)		$ 53.46	$ 59.47
2019 Share Repurchase Program
Class of Stock [Line Items]
Stock repurchase program authorized amount				$ 1,500,000,000.0
Shares repurchased and retired (in shares)			15
Aggregate value of shares repurchased and retired			$ 763,000,000
Shares repurchased, average price per share (in usd per share)			$ 49.86
2019 Share Repurchase Program \| Subsequent Event
Class of Stock [Line Items]
Shares repurchased and retired (in shares)	2
Aggregate value of shares repurchased and retired	$ 119,000,000
Shares repurchased, average price per share (in usd per share)	$ 56.74

Earnings Per Share - Schedule of Earnings Per Share (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Basic earnings per common share
Net income attributable to XPO	$ 47	$ 73
Cumulative preferred dividends	(1)	(1)
Non-cash allocation of undistributed earnings	(3)	(5)
Net income attributable to common shares, basic	$ 43	$ 67
Basic weighted-average common shares (in shares)	107	120
Basic earnings per share (in dollars per share)	$ 0.40	$ 0.56
Diluted earnings per common share
Net income attributable to common shares, diluted	$ 43	$ 67
Basic weighted-average common shares (in shares)	107	120
Dilutive effect of non-participating stock-based awards and equity forward (in shares)	10	13
Diluted weighted-average common shares (in shares)	117	133
Diluted earnings per share (in dollars per share)	$ 0.37	$ 0.50
Potential common shares excluded (in shares)	10	10

Legal and Regulatory Matters - Narrative (Details) $ in Millions			1 Months Ended		12 Months Ended
	May 16, 2017 USD ($)	Mar. 06, 2015 class_action claimant	Apr. 30, 2017 USD ($) claimant	Jun. 30, 2015 USD ($) claimant	Dec. 31, 2012 operator	May 31, 2018 class_action
California Labor Commission
Loss Contingencies [Line Items]
Number of owner operators (in operators) \| operator					150
Number of claims heard by court (in claimants) \| claimant		170	4	5
Amount claimed \| $				$ 1
Settlement amount awarded to other party \| $	$ 1		$ 1
Number of class actions related to remaining claimants (in class actions) \| class_action		3
Last Mile Logistics Classifications Claims
Loss Contingencies [Line Items]
Number of class actions related to remaining claimants (in class actions) \| class_action						4

Subsequent Events (Details) - Amended ABL Facility - Subsequent Event	Apr. 30, 2019 USD ($)
Subsequent Event [Line Items]
Debt covenant, threshold amount outstanding triggering maturity date extension	$ 200,000,000
Aggregate maximum borrowing capacity	$ 1,100,000,000.0
London Interbank Offered Rate (LIBOR) \| Minimum
Subsequent Event [Line Items]
Interest rate margin	1.25%
London Interbank Offered Rate (LIBOR) \| Maximum
Subsequent Event [Line Items]
Interest rate margin	1.50%
Base Rate \| Minimum
Subsequent Event [Line Items]
Interest rate margin	0.25%
Base Rate \| Maximum
Subsequent Event [Line Items]
Interest rate margin	0.50%

Label	Element	Value
Accounting Standards Update 2016-02 [Member]
Cumulative Effect of New Accounting Principle in Period of Adoption	us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption	$ 6,000,000
Accounting Standards Update 2016-02 [Member] \| Parent [Member]
Cumulative Effect of New Accounting Principle in Period of Adoption	us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption	6,000,000
Accounting Standards Update 2016-02 [Member] \| Retained Earnings [Member]
Cumulative Effect of New Accounting Principle in Period of Adoption	us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption	$ 6,000,000