XPO Inc
For the period ended Sep 30, 2024. Filed Oct 30, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Oct 30, 2024
XPO$188.03+6.3%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Balance Sheets
| September 30, | December 31, | |
|---|---|---|
| (In millions, except per share data) | 2024 | 2023 |
| ASSETS | ||
| Current assets | ||
| Cash and cash equivalents | $378 | $412 |
| Accounts receivable, net of allowances of $46 and $45, respectively | 1,064 | 973 |
| Other current assets | 212 | 208 |
| Total current assets | 1,654 | 1,593 |
| Long-term assets | ||
| Property and equipment, net of $1,991 and $1,853 in accumulated depreciation, respectively | 3,357 | 3,075 |
| Operating lease assets | 750 | 708 |
| Goodwill | 1,516 | 1,498 |
| Identifiable intangible assets, net of $499 and $452 in accumulated amortization, respectively | 381 | 422 |
| Other long-term assets | 266 | 196 |
| Total long-term assets | 6,269 | 5,899 |
| Total assets | $7,923 | $7,492 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
| Current liabilities | ||
| Accounts payable | $445 | $532 |
| Accrued expenses | 805 | 775 |
| Short-term borrowings and current maturities of long-term debt | 68 | 69 |
| Short-term operating lease liabilities | 134 | 121 |
| Other current liabilities | 112 | 93 |
| Total current liabilities | 1,563 | 1,590 |
| Long-term liabilities | ||
| Long-term debt | 3,343 | 3,335 |
| Deferred tax liability | 371 | 337 |
| Employee benefit obligations | 88 | 91 |
| Long-term operating lease liabilities | 614 | 588 |
| Other long-term liabilities | 303 | 285 |
| Total long-term liabilities | 4,719 | 4,636 |
| Stockholders’ equity | ||
| Common stock, $0.001 par value; 300 shares authorized; 116 shares issued and outstanding as of September 30, 2024 and December 31, 2023, respectively | — | — |
| Additional paid-in capital | 1,340 | 1,298 |
| Retained earnings | 496 | 185 |
| Accumulated other comprehensive loss | (195) | (217) |
| Total equity | 1,641 | 1,266 |
| Total liabilities and equity | $7,923 | $7,492 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.