Earnings (Loss) Per Share (Tables)

6 Months Ended

Jun. 30, 2020

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted

The computations of basic and diluted earnings per share were as follows:

	Three Months Ended June 30,				Six Months Ended June 30,
(In millions, except per share data)	2020		2019		2020		2019
Basic (loss) earnings per common share
Net (loss) income attributable to XPO	$	(131)	$	135	$	(108)	$	182
Series A preferred stock dividends	(1)		—		(2)		(1)
Non-cash allocation of undistributed loss (earnings)	—		(13)		—		(16)
Net (loss) income attributable to common shares, basic	$	(132)	$	122	$	(110)	$	165
Basic weighted-average common shares	91		92		92		100
Basic (loss) earnings per share	$	(1.45)	$	1.32	$	(1.20)	$	1.66
Diluted (loss) earnings per common share
Net (loss) income attributable to common shares, diluted	$	(132)	$	122	$	(110)	$	165
Basic weighted-average common shares	91		92		92		100
Dilutive effect of non-participating stock-based awards	—		10		—		10
Diluted weighted-average common shares	91		102		92		110
Diluted (loss) earnings per share	$	(1.45)	$	1.19	$	(1.20)	$	1.51
Potential common shares excluded	20		10		21		10