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Earnings per Share (Tables)
 12 Months Ended
Dec. 31, 2019
Earnings Per Share [Abstract]  
Schedule of Earnings per Share, Basic and Diluted
The computations of basic and diluted earnings per share were as follows:
 
 
Years Ended December 31,
(In millions, except per share data)
 
2019
 
2018
 
2017
Basic earnings per common share
 
 
 
 
 
 
Net income attributable to XPO
 
$
419

 
$
422

 
$
340

Series A preferred stock dividends
 
(3
)
 
(3
)
 
(3
)
Non-cash allocation of undistributed earnings
 
(37
)
 
(29
)
 
(25
)
Net income attributable to common shares, basic
 
$
379

 
$
390

 
$
312

 
 
 
 
 
 
 
Basic weighted-average common shares
 
96

 
123

 
115

Basic earnings per share
 
$
3.95

 
$
3.17

 
$
2.72

 
 
 
 
 
 
 
Diluted earnings per common share
 
 
 
 
 
 
Net income attributable to common shares, basic
 
$
379

 
$
390

 
$
312

Interest from Convertible Senior Notes
 
—

 
—

 
1

Net income attributable to common shares, diluted
 
$
379

 
$
390

 
$
313

 
 
 
 
 
 
 
Basic weighted-average common shares
 
96

 
123

 
115

Dilutive effect of Convertible Senior Notes
 
—

 
—

 
2

Dilutive effect of non-participating stock-based awards and equity forward
 
10

 
12

 
11

Diluted weighted-average common shares
 
106

 
135

 
128

 
 
 
 
 
 
 
Diluted earnings per share
 
$
3.57

 
$
2.88

 
$
2.45

 
 
 
 
 
 
 
Potential common shares excluded
 
10

 
10

 
10