Stockholders' Equity (Tables)

6 Months Ended

Jun. 30, 2023

Equity [Abstract]

Schedule of Accumulated Other Comprehensive Loss

The following table summarizes the changes in AOCL by component:

(In millions)	Foreign Currency Translation Adjustments		Cash Flow Hedges		Defined Benefit Plan		Less: AOCI attributable to noncontrolling interest		AOCL attributable to GXO
As of March 31, 2023	$	(136)	$	4	$	(112)	$	—	$	(244)
Foreign currency translation gain	33		—		—		(1)		32
Unrealized gain (loss) on hedges, net of tax	(13)		4		—		—		(9)
Amounts reclassified from AOCL to net income	(3)		—		1		—		(2)
Other comprehensive income, net of tax	17		4		1		(1)		21
As of June 30, 2023	$	(119)	$	8	$	(111)	$	(1)	$	(223)

(In millions)	Foreign Currency Translation Adjustments		Cash Flow Hedges		Defined Benefit Plan		Less: AOCI attributable to noncontrolling interest		AOCL attributable to GXO
As of December 31, 2022	$	(149)	$	7	$	(112)	$	—	$	(254)
Foreign currency translation gain	57		—		—		(1)		56
Unrealized gain (loss) on hedges, net of tax	(26)		1		—		—		(25)
Amounts reclassified from AOCL to net income	(1)		—		1		—		—
Other comprehensive income, net of tax	30		1		1		(1)		31
As of June 30, 2023	$	(119)	$	8	$	(111)	$	(1)	$	(223)

(In millions)	Foreign Currency Translation Adjustments		Cash Flow Hedges		Defined Benefit Plan		Less: AOCI attributable to noncontrolling interest		AOCL attributable to GXO
As of March 31, 2022	$	(94)	$	—	$	(76)	$	(2)	$	(172)
Foreign currency translation loss	(107)		—		—		1		(106)
Unrealized gain on hedges, net of tax	34		—		—		—		34
Amounts reclassified from AOCL to net income	(2)		—		—		—		(2)
Other comprehensive loss, net of tax	(75)		—		—		1		(74)
As of June 30, 2022	$	(169)	$	—	$	(76)	$	(1)	$	(246)

(In millions)	Foreign Currency Translation Adjustments		Cash Flow Hedges		Defined Benefit Plan		Less: AOCI attributable to noncontrolling interest		AOCL attributable to GXO
As of December 31, 2021	$	(53)	$	—	$	(76)	$	(1)	$	(130)
Foreign currency translation loss	(152)		—		—		2		(150)
Unrealized gain on hedges, net of tax	36		—		—		—		36
Amounts reclassified from AOCL to net income	(4)		—		—		—		(4)
Other comprehensive loss, net of tax	(120)		—		—		2		(118)
Deconsolidation of variable interest entity	4		—		—		(2)		2
As of June 30, 2022	$	(169)	$	—	$	(76)	$	(1)	$	(246)