Stockholders' Equity

3 Months Ended

Mar. 31, 2024

Equity [Abstract]

Stockholders' Equity

8. Stockholders’ Equity

The following tables summarize the changes in AOCIL by component:

	Foreign Currency Adjustment
(In millions)	Foreign Currency Translation Adjustments		Net Investment Hedges		Cash Flow Hedges		Defined Benefit Plans		Less: AOCIL attributable to NCI		AOCIL attributable to GXO
As of December 31, 2023	$	(83)	$	(47)	$	5	$	(113)	$	(1)	$	(239)
Other comprehensive income (loss) before reclassifications	(41)		33		1		1		1		(5)
Amounts reclassified to net income (loss)	—		1		—		1		—		2
Tax amounts	—		(7)		—		—		—		(7)
Other comprehensive income (loss), net of tax	(41)		27		1		2		1		(10)
As of March 31, 2024	$	(124)	$	(20)	$	6	$	(111)	$	—	$	(249)

	Foreign Currency Adjustment
(In millions)	Foreign Currency Translation Adjustments		Net Investment Hedges		Cash Flow Hedges		Defined Benefit Plans		Less: AOCIL attributable to NCI		AOCIL attributable to GXO
As of December 31, 2022	$	(156)	$	7	$	7	$	(112)	$	—	$	(254)
Other comprehensive income (loss) before reclassifications	24		(16)		(4)		—		—		4
Amounts reclassified to net income	—		2		—		—		—		2
Tax amounts	—		3		1		—		—		4
Other comprehensive income (loss), net of tax	24		(11)		(3)		—		—		10
As of March 31, 2023	$	(132)	$	(4)	$	4	$	(112)	$	—	$	(244)