v3.22.2.2
Condensed Combined Statements of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Income Statement [Abstract]        
Revenue $ 1,138 $ 1,198 $ 3,676 $ 3,362
Cost of transportation and services (exclusive of depreciation and amortization) 857 958 2,782 2,630
Direct operating expense (exclusive of depreciation and amortization) 56 48 167 143
Sales, general and administrative expense 158 130 485 387
Depreciation, amortization and net lease activity 23 22 65 62
Transaction and integration costs 23 1 44 2
Restructuring costs 6 1 9 1
Operating income 15 38 124 137
Other expense 1 0 0 1
Interest income (1) 0 (1) 0
Income before income taxes 15 38 125 136
Income tax provision 2 5 29 28
Net income $ 13 $ 33 $ 96 $ 108
Earnings per share data        
Earnings per share, basic (in dollars per share) $ 0.11 $ 0.29 $ 0.83 $ 0.94
Earnings per share, diluted (in dollars per share) $ 0.11 $ 0.29 $ 0.83 $ 0.94
Common shares outstanding        
Number of shares outstanding, basic (in shares) 115 115 115 115
Number of shares outstanding, diluted (in shares) 115 115 115 115