Xpo Balance Sheet (2009-2025) | XPO

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Balance Sheet	Mar2009	Jun2009	Sep2009	Dec2009	Mar2010	Jun2010	Sep2010	Dec2010	Mar2011	Jun2011	Sep2011	Dec2011	Mar2012	Jun2012	Sep2012	Dec2012	Mar2013	Jun2013	Sep2013	Dec2013	Mar2014	Jun2014	Sep2014	Dec2014	Mar2015	Jun2015	Sep2015	Dec2015	Mar2016	Jun2016	Sep2016	Dec2016	Mar2017	Jun2017	Sep2017	Dec2017	Mar2018	Jun2018	Sep2018	Dec2018	Mar2019	Jun2019	Sep2019	Dec2019	Mar2020	Jun2020	Sep2020	Dec2020	Mar2021	Jun2021	Sep2021	Dec2021	Mar2022	Jun2022	Sep2022	Dec2022	Mar2023	Jun2023	Sep2023	Dec2023	Mar2024	Jun2024	Sep2024	Dec2024	Mar2025	Jun2025	Sep2025	Dec2025
Assets
Current Assets
Cash & Equivalents	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.07B	0.07B	0.20B	0.19B	0.30B	0.25B	0.21B	0.18B	0.07B	0.02B	0.14B	0.11B	0.68B	0.64B	1.03B	1.18B	1.29B	0.29B	0.28B	0.38B	0.36B	0.37B	0.34B	0.29B	0.47B	0.40B	0.38B	0.36B	0.43B	0.50B	0.38B	0.50B	0.42B	0.38B	1.13B	2.29B	2.02B	1.73B	0.63B	0.80B	0.25B	0.23B	1.00B	0.44B	0.54B	0.46B	0.31B	0.29B	0.35B	0.41B	0.23B	0.25B	0.38B	0.25B	0.21B	0.23B	0.34B	0.31B
Cash & Current Investments	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.07B	0.07B	0.20B	0.19B	0.30B	0.25B	0.21B	0.18B	0.07B	0.02B	0.14B	0.11B	0.68B	0.64B	1.03B	1.18B	1.29B	0.29B	0.28B	0.38B	0.36B	0.37B	0.34B	0.29B	0.47B	0.40B	0.38B	0.36B	0.43B	0.50B	0.38B	0.50B	0.42B	0.38B	1.13B	2.29B	2.02B	1.73B	0.63B	0.80B	0.25B	0.23B	1.00B	0.44B	0.54B	0.46B	0.31B	0.29B	0.35B	0.41B	0.23B	0.25B	0.38B	0.25B	0.21B	0.23B	0.34B	0.31B
Receivables - Net								0.02B		-0.00B	0.03B	0.02B	0.02B	0.03B	0.04B	0.06B	0.07B	0.09B	0.12B	0.13B	0.34B	0.34B	0.48B	0.54B	0.50B	1.67B	1.65B	2.27B	2.27B	2.27B	2.34B	2.31B	2.34B	2.48B	2.60B	2.73B	2.86B	2.86B	2.91B	2.60B	2.75B	2.72B	2.58B	2.50B	2.42B	2.24B	2.62B	1.68B	3.14B	3.17B	1.99B	0.91B	2.25B	2.19B	2.01B	0.95B	1.02B	1.01B	1.06B	0.97B	1.08B	1.09B	1.06B	0.98B	1.08B	1.13B	1.10B	1.03B
Receivables - Other																								0.02B				0.12B				0.13B																			0.03B	0.02B		0.02B	0.02B	0.02B	0.02B
Receivables								0.02B		-0.00B	0.03B	0.02B	0.02B	0.03B	0.04B	0.06B	0.07B	0.09B	0.12B	0.13B	0.34B	0.34B	0.48B	0.56B	0.50B	1.67B	1.65B	2.38B	2.27B	2.27B	2.34B	2.44B	2.34B	2.48B	2.60B	2.73B	2.86B	2.86B	2.91B	2.60B	2.75B	2.72B	2.58B	2.50B	2.42B	2.24B	2.62B	1.68B	3.14B	3.17B	2.01B	0.93B	2.25B	2.21B	2.03B	0.97B	1.03B	1.01B	1.06B	0.97B	1.08B	1.09B	1.06B	0.98B	1.08B	1.13B	1.10B	1.03B
Raw Materials																												0.05B				0.04B
Current Deferred Tax Assets	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B			0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.01B	0.01B	0.01B	0.01B	0.00B	0.02B	0.02B
Prepaid Assets	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	-0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	-0.00B	0.00B	0.00B	0.00B	0.00B	0.01B	0.01B	0.01B	0.01B	0.02B	0.04B	0.02B	0.19B	0.28B	0.40B	0.50B	0.46B	0.47B	0.39B	0.42B	0.48B	0.51B	0.47B	0.57B	0.50B	0.49B	0.59B	0.55B	0.57B	0.42B	0.47B	0.46B	0.50B	0.43B	0.30B	0.51B	0.49B	0.28B	0.22B	0.28B	0.27B	0.26B	0.20B	0.22B	0.22B	0.20B	0.21B	0.22B	0.21B	0.21B	0.28B	0.29B	0.27B	0.26B	0.28B
Current Assets	0.01B	0.02B	0.02B	0.02B	0.02B	0.02B	0.03B	0.03B	0.03B	0.03B	0.10B	0.10B	0.24B	0.23B	0.35B	0.32B	0.29B	0.28B	0.20B	0.17B	0.51B	0.48B	1.20B	1.22B	1.57B	3.89B	3.24B	2.96B	3.04B	3.11B	3.17B	3.07B	3.10B	3.26B	3.58B	3.59B	3.81B	3.71B	3.83B	3.69B	3.68B	3.79B	3.43B	3.34B	4.01B	5.03B	5.08B	5.38B	4.27B	4.46B	2.55B	2.69B	3.56B	2.92B	2.83B	1.63B	1.56B	1.52B	1.61B	1.59B	1.53B	1.55B	1.65B	1.50B	1.58B	1.62B	1.70B	1.63B
Non-Current Assets
Property, Plant & Equipment (Net)				138.00B				0.00B		0.00B	0.00B	0.00B	0.00B	0.01B	0.01B	0.01B	0.01B	0.02B	0.04B	0.06B	0.10B	0.10B	0.22B	0.22B	0.22B	0.96B	0.96B	2.85B	2.82B	2.75B	2.71B	2.54B	2.53B	2.54B	2.60B	2.66B	2.73B	2.69B	2.71B	2.60B	2.56B	2.55B	2.59B	2.70B	2.63B	2.60B	2.57B	1.89B	2.65B	2.63B	1.82B	1.68B	1.80B	1.80B	1.83B	1.83B	1.98B	2.04B	2.07B	3.08B	3.26B	3.31B	3.36B	3.40B	3.54B	3.65B	3.64B	3.66B
Goodwill	0.02B	0.02B	0.02B	0.02B	0.02B	0.02B	0.02B	0.02B	0.02B	0.02B	0.02B	0.02B	0.02B	0.02B	0.02B	0.06B	0.07B	0.07B	0.30B	0.36B	0.20B	0.54B	0.92B	0.93B	0.97B	3.39B	3.44B	4.61B	4.79B	4.73B	4.73B	4.33B	4.35B	4.47B	4.53B	4.56B	4.63B	4.51B	4.49B	4.47B	4.44B	4.45B	4.37B	2.47B	4.39B	4.42B	4.51B	1.65B	4.55B	4.57B	2.49B	1.59B	2.33B	2.28B	2.23B	1.47B	1.48B	1.49B	1.47B	1.50B	1.48B	1.48B	1.52B	1.46B	1.49B	1.55B	1.55B	1.55B
Intangibles				0.00B				0.01B		0.01B	0.01B	0.01B	0.01B	0.01B	0.01B	0.02B	0.03B	0.03B	0.15B	0.19B	0.25B	0.23B	0.36B	0.34B	0.34B	1.23B	1.16B	1.88B	1.70B	1.64B	1.59B	1.53B	1.50B	1.49B	1.47B	1.44B	1.41B	1.34B	1.30B	1.25B	1.20B	1.17B	1.11B	1.09B	1.05B	1.01B	0.99B	0.68B	0.95B	0.92B	0.60B	0.47B	0.55B	0.52B	0.50B	0.41B	0.40B	0.38B	0.37B	0.42B	0.41B	0.39B	0.38B	0.36B	0.35B	0.34B	0.33B	0.31B
Goodwill & Intangibles	0.00B	0.00B	0.00B	0.02B	0.02B	0.02B	0.02B	0.03B	0.02B	0.03B	0.03B	0.03B	0.02B	0.03B	0.03B	0.08B	0.10B	0.10B	0.46B	0.55B	0.45B	0.77B	1.28B	1.27B	1.31B	4.62B	4.60B	6.49B	6.49B	6.37B	6.33B	5.86B	5.85B	5.96B	6.00B	6.00B	6.04B	5.85B	5.79B	5.72B	5.65B	5.62B	5.49B	3.57B	5.44B	5.44B	5.50B	2.33B	5.51B	5.50B	3.10B	2.06B	2.88B	2.81B	2.73B	1.88B	1.88B	1.88B	1.83B	1.92B	1.89B	1.87B	1.90B	1.82B	1.84B	1.89B	1.87B	1.86B
Long-Term Deferred Tax																	0.00B	0.00B	0.00B	0.04B	0.00B	0.00B	0.00B	0.09B		0.09B	0.11B	0.44B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B
Other Non-Current Assets	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.01B	0.02B	0.03B	0.02B	0.03B	0.12B	0.13B	0.23B	0.24B	0.20B	0.21B	0.23B	0.20B	0.17B	0.17B	0.35B	0.39B	0.37B	0.35B	0.26B	0.26B	0.28B	0.30B	0.29B	0.34B	0.35B	0.37B	4.67B	0.34B	0.38B	0.24B	1.36B	0.27B	0.29B	0.30B	0.21B	0.21B	0.21B	0.22B	0.20B	0.20B	0.26B	0.27B	0.25B	0.21B	0.21B	0.21B	0.27B
Non-Current Assets	0.03B	0.03B	0.03B	0.03B	0.03B	0.03B	0.03B	0.03B	0.03B	0.03B	0.03B	0.03B	0.03B	0.04B	0.04B	0.09B	0.11B	0.12B	0.50B	0.61B	0.91B	0.90B	1.54B	1.53B	1.57B	5.81B	5.80B	9.69B	9.55B	9.32B	9.25B	8.62B	8.59B	8.67B	8.78B	9.01B	9.16B	8.91B	8.85B	8.58B	10.51B	10.52B	10.49B	10.79B	10.56B	10.61B	10.66B	10.80B	11.10B	11.10B	5.98B	6.03B	5.76B	5.72B	5.67B	4.64B	4.78B	4.83B	4.82B	5.90B	6.08B	6.18B	6.27B	6.21B	6.30B	6.51B	6.49B	6.56B
Assets	0.04B	0.04B	0.04B	0.05B	0.05B	0.05B	0.06B	0.06B	0.06B	0.06B	0.13B	0.13B	0.27B	0.26B	0.39B	0.41B	0.40B	0.39B	0.70B	0.78B	1.42B	1.38B	2.75B	2.75B	3.13B	9.70B	9.04B	12.64B	12.59B	12.43B	12.42B	11.70B	11.69B	11.93B	12.36B	12.60B	12.96B	12.62B	12.68B	12.27B	14.20B	14.31B	13.92B	14.13B	14.56B	15.64B	15.74B	16.18B	15.37B	15.56B	8.53B	8.72B	9.32B	8.64B	8.50B	6.27B	6.35B	6.35B	6.43B	7.49B	7.60B	7.73B	7.92B	7.71B	7.88B	8.13B	8.19B	8.19B
Liabilities
Current Liabilities
Accounts Payables								0.01B		0.01B	0.01B	0.01B	0.01B	0.01B	0.01B	0.02B	0.02B	0.02B	0.04B	0.07B	0.23B	0.22B	0.24B	0.25B	0.25B	1.03B	0.96B	1.06B	1.00B	0.99B	0.91B	1.06B	0.99B	1.08B	1.16B	1.25B	1.21B	1.21B	1.23B	1.26B	1.19B	1.18B	1.13B	1.16B	1.06B	0.84B	1.02B	0.85B	1.33B	1.29B	0.96B	0.52B	1.33B	1.15B	1.02B	0.52B	0.51B	0.46B	0.47B	0.53B	0.57B	0.48B	0.45B	0.48B	0.50B	0.50B	0.47B	0.46B
Notes Payables	2,300.00B											0.00B			0.00B	0.00B				0.00B			0.00B	0.00B	0.00B	0.00B														0.25B
Payables	2,300.00B							0.01B		0.01B	0.01B	0.01B	0.01B	0.01B	0.01B	0.02B	0.02B	0.02B	0.04B	0.07B	0.23B	0.22B	0.24B	0.25B	0.25B	1.03B	0.96B	1.06B	1.00B	0.99B	0.91B	1.06B	0.99B	1.08B	1.16B	1.25B	1.21B	1.21B	1.23B	1.51B	1.19B	1.18B	1.13B	1.16B	1.06B	0.84B	1.02B	0.85B	1.33B	1.29B	0.96B	0.52B	1.33B	1.15B	1.02B	0.52B	0.51B	0.46B	0.47B	0.53B	0.57B	0.48B	0.45B	0.48B	0.50B	0.50B	0.47B	0.46B
Accumulated Expenses	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.01B	0.01B	0.01B	0.02B	0.02B	0.05B	0.05B	0.05B	0.30B
Other Accumulated Expenses	-0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.01B	0.01B	0.02B	0.02B	0.02B	0.03B	0.01B	0.05B	0.03B	0.05B	0.12B	0.10B	0.33B	0.65B	1.29B	1.35B	1.39B	1.48B	1.38B	1.35B	1.40B	1.52B	1.53B	1.50B	1.50B	1.52B	1.48B	1.51B	1.49B	1.42B	1.41B	1.45B	1.67B	1.85B	1.04B	1.97B	2.12B	1.20B	0.82B	1.08B	1.11B	1.09B	0.77B	0.79B	0.80B	0.83B	0.78B	0.78B	0.77B	0.81B	0.71B	0.76B	0.78B	0.82B	0.76B
Short term Debt	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.37B	0.12B	0.14B	0.13B	0.12B	0.12B	0.14B	0.14B	0.12B	0.09B	0.10B	0.09B	0.08B	0.08B	0.25B	0.11B	0.34B	0.06B	0.08B	0.26B	0.20B	0.13B	1.28B	0.09B	0.09B	0.06B	0.06B	0.68B	0.06B	0.06B	0.06B	0.07B	0.07B	0.07B	0.07B	0.06B	0.06B	0.07B	0.06B	0.06B	0.06B	0.12B	0.06B
Current Leases		35.00B																																							0.45B	0.48B	0.45B	0.47B	0.46B	0.46B	0.46B	0.15B	0.53B	0.58B	0.15B	0.11B	0.13B	0.14B	0.14B	0.11B	0.11B	0.11B	0.11B	0.12B	0.13B	0.13B	0.13B	0.13B	0.13B	0.15B	0.15B	0.17B
Current Taxes																					0.00B	0.00B
Current Deferred Revenue																					0.00B	0.00B
Curent Deferred Tax Liability										0.00B	0.00B																0.03B
Total Current Liabilities	0.01B	0.01B	0.01B	0.02B	0.01B	0.02B	0.02B	0.02B	0.02B	0.01B	0.02B	0.02B	0.02B	0.02B	0.03B	0.05B	0.05B	0.06B	0.08B	0.10B	0.30B	0.27B	0.35B	0.38B	0.40B	2.13B	1.95B	2.69B	2.71B	2.64B	2.69B	2.73B	2.60B	2.73B	2.91B	3.00B	3.01B	2.94B	3.00B	3.31B	3.44B	3.67B	3.21B	3.26B	3.38B	3.33B	3.65B	5.16B	4.18B	4.38B	2.53B	2.55B	3.43B	2.63B	2.44B	1.51B	1.55B	1.53B	1.52B	1.59B	1.62B	1.54B	1.56B	1.42B	1.55B	1.60B	1.67B	1.55B
Non-Current Liabilities
Capital Leases	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B			0.00B		0.00B	0.00B	0.00B	0.00B	0.00B	0.00B
Non-Current Debt	0.00B	0.00B	0.01B	0.01B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.09B	0.00B	0.11B	0.11B	0.11B	0.08B	0.00B	0.00B	0.00B	0.58B	0.92B	3.07B	3.36B	5.27B	5.38B	5.34B	5.30B	4.73B	4.81B	4.75B	4.54B	4.42B	4.61B	4.41B	4.01B	3.90B	5.36B	5.13B	5.12B	5.18B	5.77B	6.94B	6.54B	5.24B	5.16B	5.18B	3.52B	3.51B	2.88B	2.86B	2.85B	2.47B	2.48B	2.45B	2.45B	3.33B	3.32B	3.33B	3.34B	3.33B	3.34B	3.34B	3.22B	3.25B
Convertible Debt															0.09B	0.11B	0.11B	0.11B	0.11B	0.11B	0.10B	0.10B	0.10B	0.09B	0.06B	0.06B
Non-Current Deffered Revenue				125.00B												0.00B			0.00B	0.00B	0.00B	0.01B
Pension																										0.13B	0.11B	0.31B	0.30B	0.28B	0.28B	0.25B	0.25B	0.23B	0.21B	0.16B	0.16B	0.16B	0.16B	0.15B	0.14B	0.14B	0.14B	0.16B	0.15B	0.15B	0.16B	0.13B	0.18B	0.17B	0.13B	0.12B	0.12B	0.12B	0.12B	0.09B	0.09B	0.09B	0.09B	0.09B	0.09B	0.09B	0.09B	0.09B	0.09B	0.09B	0.08B	0.09B
Minority Interest																										0.67B	0.33B	0.34B	0.36B	0.35B	0.35B	0.34B	0.35B	0.37B	0.39B	0.41B	0.42B	0.41B	0.41B	0.40B	0.40B	0.41B	0.39B	0.15B	0.15B	0.15B	0.14B	0.14B	0.14B	0.04B
Liabilities from Discontinued Operations																																																1.73B			0.02B	0.98B	0.02B	0.02B	0.02B	0.02B	0.01B
Non-Current Deferred Tax Liability	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.01B	0.01B	0.01B	0.01B	0.02B	0.02B	0.02B	0.02B	0.08B	0.07B	0.04B	0.39B	0.35B	0.93B	0.72B	0.71B	0.70B	0.97B	0.57B	0.55B	0.54B	0.66B	0.42B	0.42B	0.43B	0.66B	0.44B	0.46B	0.48B	0.67B	0.51B	0.51B	0.49B	0.49B	0.38B	0.38B	0.31B	0.38B	0.30B	0.33B	0.33B	0.40B	0.31B	0.30B	0.33B	0.43B	0.34B	0.36B	0.37B	0.49B	0.39B	0.38B	0.45B	0.57B
Operating Leases																																									2.03B	2.09B	2.12B	2.24B	1.69B	1.77B	1.76B	0.85B	2.09B	2.04B	0.68B	0.70B	0.68B	0.69B	0.67B	0.71B	0.61B	0.59B	0.58B	0.71B	0.60B	0.61B	0.61B	0.73B	0.58B	0.61B	0.61B	0.78B
Other Non-Current Liabilities	0.00B	-0.00B	0.00B	-0.00B	0.00B	-0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.03B	0.03B	0.03B	0.03B	0.06B	0.06B	0.04B	0.16B	0.14B	0.37B	0.40B	0.37B	0.37B	0.37B	0.38B	0.42B	0.46B	0.60B	0.65B	0.55B	0.50B	0.49B	0.39B	0.38B	0.33B	0.36B	0.34B	0.31B	0.35B	0.38B	0.47B	0.45B	0.37B	0.27B	0.31B	0.31B	0.31B	0.26B	0.26B	0.26B	0.26B	0.28B	0.30B	0.29B	0.30B	0.28B	0.29B	0.33B	0.34B	0.34B
Total Non-Current Liabilities	0.01B	0.00B	0.00B	0.00B	0.01B	0.01B	0.01B	0.01B	0.00B	0.00B	0.00B	0.00B	0.00B	0.01B	0.11B	0.12B	0.12B	0.12B	0.16B	0.23B	0.16B	0.16B	0.75B	0.71B	1.06B	4.08B	3.95B	6.89B	6.80B	6.71B	6.65B	5.93B	6.00B	5.95B	5.75B	5.59B	5.84B	5.54B	5.09B	4.99B	7.92B	7.73B	7.74B	7.97B	8.45B	9.68B	9.31B	8.17B	8.28B	8.22B	4.99B	5.03B	4.29B	4.30B	4.28B	3.75B	3.75B	3.70B	3.71B	4.64B	4.65B	4.69B	4.72B	4.69B	4.69B	4.75B	4.70B	4.78B
Total Liabilities	-0.00B			0.02B				0.02B	0.02B	0.02B	0.02B	0.02B	0.02B	0.02B	0.14B	0.17B	0.17B	0.18B	0.24B	0.32B	0.46B	0.43B	1.09B	1.09B	1.45B	6.88B	5.90B	9.58B	9.51B	9.35B	9.34B	8.66B	8.60B	8.68B	8.66B	8.59B	8.86B	8.48B	8.09B	8.30B	11.36B	11.40B	10.95B	11.23B	11.83B	13.01B	12.96B	13.33B	12.46B	12.60B	7.52B	7.58B	7.72B	6.93B	6.72B	5.26B	5.29B	5.23B	5.23B	6.23B	6.27B	6.23B	6.28B	6.11B	6.24B	6.35B	6.37B	6.33B
Shareholder's Equity
Total Debt	0.01B	0.01B	0.01B	0.01B	0.00B	0.00B	0.01B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.09B	0.00B	0.11B	0.11B	0.11B	0.08B	0.00B	0.00B	0.00B	0.58B	0.92B	3.44B	3.48B	5.41B	5.51B	5.46B	5.41B	4.87B	4.95B	4.87B	4.63B	4.52B	4.70B	4.49B	4.09B	4.15B	5.48B	5.47B	5.18B	5.27B	6.03B	7.14B	6.67B	6.52B	5.25B	5.27B	3.57B	3.57B	3.56B	2.91B	2.91B	2.53B	2.54B	2.52B	2.51B	3.40B	3.39B	3.39B	3.41B	3.39B	3.40B	3.41B	3.35B	3.31B
Common Equity				0.03B				0.03B	0.04B	0.04B	0.11B	0.11B	0.24B	0.24B	0.25B	0.25B	0.23B	0.22B	0.46B	0.46B	0.96B	0.95B	1.65B	1.66B	1.68B	2.82B	3.14B	3.06B	3.08B	3.08B	3.08B	3.04B	3.09B	3.25B	3.70B	4.01B	4.10B	4.14B	4.59B	3.97B	2.83B	2.91B	2.96B	2.90B	2.73B	2.63B	2.79B	2.85B	2.91B	2.97B	1.02B	1.14B	1.60B	1.71B	1.79B	1.01B	1.05B	1.12B	1.20B	1.27B	1.33B	1.50B	1.64B	1.60B	1.64B	1.78B	1.82B	1.86B
Shareholder's Equity	0.03B	0.03B	0.03B	0.03B	0.03B	0.03B	0.03B	0.03B		0.04B	0.11B	0.11B	0.24B	0.24B	0.25B	0.25B	0.23B	0.22B	0.46B	0.46B	0.96B	0.95B	1.65B	1.66B	1.68B	2.82B	3.14B	3.06B	3.08B	3.08B	3.08B	3.04B	3.09B	3.25B	3.70B	4.01B	4.10B	4.14B	4.59B	3.97B	2.83B	2.91B	2.96B	2.90B	2.73B	2.63B	2.79B	2.85B	2.91B	2.97B	1.02B	1.14B	1.60B	1.71B	1.79B	1.01B	1.05B	1.12B	1.20B	1.27B	1.33B	1.50B	1.64B	1.60B	1.64B	1.78B	1.82B	1.86B
Liabilities and Shareholders Equity	0.04B	0.04B	0.04B	0.05B	0.05B	0.05B	0.06B	0.06B	0.06B	0.06B	0.13B	0.13B	0.27B	0.26B	0.39B	0.41B	0.40B	0.39B	0.70B	0.78B	1.42B	1.38B	2.75B	2.75B	3.13B	9.70B	9.04B	12.64B	12.59B	12.43B	12.42B	11.70B	11.69B	11.93B	12.36B	12.60B	12.96B	12.62B	12.68B	12.27B	14.20B	14.31B	13.92B	14.13B	14.56B	15.64B	15.74B	16.18B	15.37B	15.56B	8.53B	8.72B	9.32B	8.64B	8.50B	6.27B	6.35B	6.35B	6.43B	7.49B	7.60B	7.73B	7.92B	7.71B	7.88B	8.13B	8.19B	8.19B
Treasury Shares								0.00B		0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B																		0.01B	0.01B	0.02B	0.03B	0.03B	0.00B	0.00B	0.00B	0.00B
Retained Earnings	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.01B	0.01B	0.01B	0.01B	-0.04B	-0.04B	-0.04B	-0.05B	-0.05B	-0.06B	-0.08B	-0.09B	-0.10B	-0.11B	-0.14B	-0.16B	-0.17B	-0.22B	-0.23B	-0.31B	-0.40B	-0.47B	-0.49B	-0.44B	-0.43B	-0.39B	-0.37B	-0.32B	-0.26B	-0.04B	0.05B	0.18B	0.29B	0.38B	0.43B	0.56B	0.68B	0.79B	0.80B	0.67B	0.77B	0.87B	0.98B	1.14B	-0.08B	-0.08B	0.53B	0.67B	0.80B	-0.22B	-0.21B	-0.19B	-0.21B	-0.22B	0.25B	0.40B	0.50B	0.57B	0.64B	0.75B	0.83B	0.89B
Preferred Shares											0.04B	0.04B	0.04B	0.04B	0.04B	0.04B	0.04B	0.04B	0.04B	0.04B	0.04B	0.04B	0.36B	0.04B	0.04B	0.59B	0.04B	0.04B	0.04B	0.04B	0.04B	0.04B	0.04B	0.04B	0.04B	0.04B	0.04B	0.04B	0.04B	0.04B	0.04B	0.04B	0.04B	0.04B	0.04B	0.04B	0.04B	0.00B

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Xpo Balance Sheet (2009-2025) | XPO

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