GXO Logistics Inc
For the period ended Dec 31, 2024. Filed Feb 18, 2025.
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FY2024 · Filed Feb 18, 2025
GXO$55.32-1.4%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets as of December 31, 202 and
Consolidated Balance Sheets
| December 31, | ||
|---|---|---|
| (Dollars in millions, shares in thousands, except per share amounts) | 2024 | 2023 |
| ASSETS | ||
| Current assets | ||
| Cash and cash equivalents | $413 | $468 |
| Accounts receivable, net of allowance of $15 and $11 | 1,799 | 1,753 |
| Other current assets | 429 | 347 |
| Total current assets | 2,641 | 2,568 |
| Long-term assets | ||
| Property and equipment, net of accumulated depreciation of $1,732 and $1,545 | 1,160 | 953 |
| Operating lease assets | 2,329 | 2,201 |
| Goodwill | 3,549 | 2,891 |
| Intangible assets, net of accumulated amortization of $618 and $528 | 986 | 567 |
| Other long-term assets | 601 | 327 |
| Total long-term assets | 8,625 | 6,939 |
| Total assets | $11,266 | $9,507 |
| LIABILITIES AND EQUITY | ||
| Current liabilities | ||
| Accounts payable | $776 | $709 |
| Accrued expenses | 1,271 | 966 |
| Current debt | 110 | 27 |
| Current operating lease liabilities | 647 | 597 |
| Other current liabilities | 385 | 327 |
| Total current liabilities | 3,189 | 2,626 |
| Long-term liabilities | ||
| Long-term debt | 2,521 | 1,620 |
| Long-term operating lease liabilities | 1,898 | 1,842 |
| Other long-term liabilities | 623 | 473 |
| Total long-term liabilities | 5,042 | 3,935 |
| Commitments and Contingencies (Note 18) | ||
| Stockholders’ Equity | ||
| Common Stock, $0.01 par value per share; 300,000 shares authorized, 119,496 and 119,057 shares issued and outstanding | 1 | 1 |
| Preferred Stock, $0.01 par value per share; 10,000 shares authorized, none issued and outstanding | — | — |
| Additional Paid-In Capital (“APIC”) | 2,629 | 2,598 |
| Retained earnings | 686 | 552 |
| Accumulated Other Comprehensive Income (Loss) (“AOCIL”) | (313) | (239) |
| Total stockholders’ equity before NCI | 3,003 | 2,912 |
| NCI | 32 | 34 |
| Total equity | 3,035 | 2,946 |
| Total liabilities and equity | $11,266 | $9,507 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.