10-Q Filing

LKQ CORP CIK: 1065696 Q1 2023

Filing Information

Form Type	10-Q
Accession Number	`0001065696-23-000040`
Period End Date	20230331
Filing Date	20230427
Fiscal Year	2023
Fiscal Period	Q1
XBRL Instance	lkq-20230331_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 92 Income Statement 44 Cash Flow Statement 68 Stockholders Equity 24 Comprehensive Income 12

Balance Sheet 92 line items

Line Item	Tag	Value	Unit	Period
Common Stock, Par or Stated Value Per Share	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common Stock, Par or Stated Value Per Share	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common Stock, Shares Authorized	`CommonStockSharesAuthorized`	1.00B	shares	Point-in-time
Common Stock, Shares Authorized	`CommonStockSharesAuthorized`	1.00B	shares	Point-in-time
Common Stock, Shares, Issued	`CommonStockSharesIssued`	322.80M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$342.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$278.00M	USD	Point-in-time
Common Stock, Shares, Issued	`CommonStockSharesIssued`	322.40M	shares	Point-in-time
Common Stock, Shares, Outstanding	`CommonStockSharesOutstanding`	267.60M	shares	Point-in-time
Common Stock, Shares, Outstanding	`CommonStockSharesOutstanding`	267.30M	shares	Point-in-time
Receivables, net of allowance for credit losses	`ReceivablesNetCurrent`	$998.00M	USD	Point-in-time
Receivables, net of allowance for credit losses	`ReceivablesNetCurrent`	$1.26B	USD	Point-in-time
Inventories	`InventoryNet`	$2.75B	USD	Point-in-time
Inventories	`InventoryNet`	$2.73B	USD	Point-in-time
Balance as of March 31, 2023	`TreasuryStockCommonShares`	55.20M	shares	Point-in-time
Balance as of March 31, 2023	`TreasuryStockCommonShares`	55.10M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$230.00M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$291.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$4.62B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$4.26B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$1.26B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$1.24B	USD	Point-in-time
Operating lease assets, net	`OperatingLeaseRightOfUseAsset`	$1.25B	USD	Point-in-time
Operating lease assets, net	`OperatingLeaseRightOfUseAsset`	$1.23B	USD	Point-in-time
Goodwill	`Goodwill`	$4.37B	USD	Point-in-time
Goodwill	`Goodwill`	$4.32B	USD	Point-in-time
Other intangibles, net	`IntangibleAssetsNetExcludingGoodwill`	$651.00M	USD	Point-in-time
Other intangibles, net	`IntangibleAssetsNetExcludingGoodwill`	$653.00M	USD	Point-in-time
Equity method investments	`EquityMethodInvestments`	$156.00M	USD	Point-in-time
Equity method investments	`EquityMethodInvestments`	$141.00M	USD	Point-in-time
Other noncurrent assets	`OtherAssetsNoncurrent`	$204.00M	USD	Point-in-time
Other noncurrent assets	`OtherAssetsNoncurrent`	$198.00M	USD	Point-in-time
Total assets	`Assets`	$12.51B	USD	Point-in-time
Total assets	`Assets`	$12.04B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.34B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.37B	USD	Point-in-time
Accrued payroll-related liabilities	`EmployeeRelatedLiabilitiesCurrent`	$214.00M	USD	Point-in-time
Accrued payroll-related liabilities	`EmployeeRelatedLiabilitiesCurrent`	$218.00M	USD	Point-in-time
Refund liability	`CustomerRefundLiabilityCurrent`	$109.00M	USD	Point-in-time
Refund liability	`CustomerRefundLiabilityCurrent`	$119.00M	USD	Point-in-time
Other accrued expenses	`AccruedLiabilitiesCurrent`	$294.00M	USD	Point-in-time
Other accrued expenses	`AccruedLiabilitiesCurrent`	$324.00M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$188.00M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$190.00M	USD	Point-in-time
Current portion of long-term obligations	`LongtermDebtandCapitalLeaseObligationsCurrentNet`	$44.00M	USD	Point-in-time
Current portion of long-term obligations	`LongtermDebtandCapitalLeaseObligationsCurrentNet`	$34.00M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$150.00M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$89.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.27B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.41B	USD	Point-in-time
Long-term operating lease liabilities, excluding current portion	`OperatingLeaseLiabilityNoncurrent`	$1.09B	USD	Point-in-time
Long-term operating lease liabilities, excluding current portion	`OperatingLeaseLiabilityNoncurrent`	$1.11B	USD	Point-in-time
Long-term obligations, excluding current portion	`LongTermDebtandCapitalLeaseObligationsExcludingCurrentPortionNet`	$2.68B	USD	Point-in-time
Long-term obligations, excluding current portion	`LongTermDebtandCapitalLeaseObligationsExcludingCurrentPortionNet`	$2.62B	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$280.00M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$283.00M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$289.00M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$283.00M	USD	Point-in-time
Redeemable noncontrolling interest	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$24.00M	USD	Point-in-time
Redeemable noncontrolling interest	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$24.00M	USD	Point-in-time
Common Stock, Par or Stated Value Per Share	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common Stock, Par or Stated Value Per Share	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common Stock, Shares Authorized	`CommonStockSharesAuthorized`	1.00B	shares	Point-in-time
Common Stock, Shares Authorized	`CommonStockSharesAuthorized`	1.00B	shares	Point-in-time
Common Stock, Shares, Issued	`CommonStockSharesIssued`	322.80M	shares	Point-in-time
Common Stock, Shares, Issued	`CommonStockSharesIssued`	322.40M	shares	Point-in-time
Common Stock, Shares, Outstanding	`CommonStockSharesOutstanding`	267.60M	shares	Point-in-time
Common Stock, Shares, Outstanding	`CommonStockSharesOutstanding`	267.30M	shares	Point-in-time
Common stock, $0.01 par value, 1,000.0 shares authorized, 322.8 shares issued and 267.6 shares outstanding at March 31, 2023; 322.4 shares issued and 267.3 shares outstanding at December 31, 2022	`CommonStockValue`	$3.00M	USD	Point-in-time
Common stock, $0.01 par value, 1,000.0 shares authorized, 322.8 shares issued and 267.6 shares outstanding at March 31, 2023; 322.4 shares issued and 267.3 shares outstanding at December 31, 2022	`CommonStockValue`	$3.00M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.51B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.51B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$6.85B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$6.66B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-280.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-323.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-153.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-206.00M	USD	Point-in-time
Balance as of March 31, 2023	`TreasuryStockCommonShares`	55.20M	shares	Point-in-time
Balance as of March 31, 2023	`TreasuryStockCommonShares`	55.10M	shares	Point-in-time
Treasury stock, at cost; 55.2 shares at March 31, 2023 and 55.1 shares at December 31, 2022	`TreasuryStockValue`	$2.39B	USD	Point-in-time
Treasury stock, at cost; 55.2 shares at March 31, 2023 and 55.1 shares at December 31, 2022	`TreasuryStockValue`	$2.39B	USD	Point-in-time
Total Company stockholders' equity	`StockholdersEquity`	$5.45B	USD	Point-in-time
Total Company stockholders' equity	`StockholdersEquity`	$5.69B	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$14.00M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$14.00M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.79B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.80B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.71B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.47B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$12.04B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$12.51B	USD	Point-in-time

Income Statement 44 line items

Line Item	Tag	Value	Unit	Period
Revenue	`Revenues`	$3.35B	USD	1 Quarter
Revenue	`Revenues`	$3.35B	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$1.98B	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$1.99B	USD	1 Quarter
Gross margin	`GrossProfit`	$1.36B	USD	1 Quarter
Gross margin	`GrossProfit`	$1.37B	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$931.00M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$924.00M	USD	1 Quarter
Restructuring and transaction related expenses	`RestructuringChargesAndBusinessCombinationAcquisitionRelatedCosts`	$3.00M	USD	1 Quarter
Restructuring and transaction related expenses	`RestructuringChargesAndBusinessCombinationAcquisitionRelatedCosts`	$18.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$58.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$59.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$365.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$371.00M	USD	1 Quarter
Interest expense	`InterestExpense`	$-16.00M	USD	1 Quarter
Interest expense	`InterestExpense`	$-36.00M	USD	1 Quarter
Interest income and other income, net	`OtherNonoperatingIncomeExpense`	$1.00M	USD	1 Quarter
Interest income and other income, net	`OtherNonoperatingIncomeExpense`	$9.00M	USD	1 Quarter
Total other expense, net	`NonoperatingIncomeExpense`	$-4.00M	USD	1 Quarter
Total other expense, net	`NonoperatingIncomeExpense`	$-15.00M	USD	1 Quarter
Income from continuing operations before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$361.00M	USD	1 Quarter
Income from continuing operations before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$356.00M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$89.00M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$94.00M	USD	1 Quarter
Equity in earnings of unconsolidated subsidiaries	`IncomeLossFromEquityMethodInvestments`	$2.00M	USD	1 Quarter
Equity in earnings of unconsolidated subsidiaries	`IncomeLossFromEquityMethodInvestments`	$3.00M	USD	1 Quarter
Income from continuing operations	`IncomeLossFromContinuingOperations`	$269.00M	USD	1 Quarter
Income from continuing operations	`IncomeLossFromContinuingOperations`	$270.00M	USD	1 Quarter
Net income from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	-	USD	1 Quarter
Net income from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$4.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$270.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$273.00M	USD	1 Quarter
Income from continuing operations	`IncomeLossFromContinuingOperationsPerBasicShare`	$1.01	USD	1 Quarter
Income from continuing operations	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.94	USD	1 Quarter
Net income from discontinued operations	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare`	$0.02	USD	1 Quarter
Net income from discontinued operations	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare`	-	USD	1 Quarter
Net income	`EarningsPerShareBasic`	$1.01	USD	1 Quarter
Net income	`EarningsPerShareBasic`	$0.96	USD	1 Quarter
Income from continuing operations	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.94	USD	1 Quarter
Income from continuing operations	`IncomeLossFromContinuingOperationsPerDilutedShare`	$1.01	USD	1 Quarter
Net income from discontinued operations	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare`	$0.02	USD	1 Quarter
Net income from discontinued operations	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare`	-	USD	1 Quarter
Net income	`EarningsPerShareDiluted`	$0.95	USD	1 Quarter
Net income	`EarningsPerShareDiluted`	$1.01	USD	1 Quarter

Cash Flow Statement 68 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$270.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$273.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$65.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$65.00M	USD	1 Quarter
Stock-based compensation expense	`AllocatedShareBasedCompensationExpense`	$13.00M	USD	1 Quarter
Stock-based compensation expense	`AllocatedShareBasedCompensationExpense`	$10.00M	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$4.00M	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$-11.00M	USD	1 Quarter
Receivables, net of allowance for credit losses	`IncreaseDecreaseInReceivables`	$230.00M	USD	1 Quarter
Receivables, net of allowance for credit losses	`IncreaseDecreaseInReceivables`	$236.00M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$-57.00M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$98.00M	USD	1 Quarter
Prepaid income taxes/income taxes payable	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$52.00M	USD	1 Quarter
Prepaid income taxes/income taxes payable	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$60.00M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$309.00M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$22.00M	USD	1 Quarter
Other operating assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$5.00M	USD	1 Quarter
Other operating assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-21.00M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$223.00M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$409.00M	USD	1 Quarter
Purchases of property, plant and equipment	`PaymentsToAcquireProductiveAssets`	$59.00M	USD	1 Quarter
Purchases of property, plant and equipment	`PaymentsToAcquireProductiveAssets`	$70.00M	USD	1 Quarter
Proceeds from disposals of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$2.00M	USD	1 Quarter
Proceeds from disposals of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$3.00M	USD	1 Quarter
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$25.00M	USD	1 Quarter
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	1 Quarter
Other investing activities, net	`PaymentsForProceedsFromOtherInvestingActivities`	$5.00M	USD	1 Quarter
Other investing activities, net	`PaymentsForProceedsFromOtherInvestingActivities`	$6.00M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-97.00M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-63.00M	USD	1 Quarter
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	1 Quarter
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$19.00M	USD	1 Quarter
Borrowings under revolving credit facilities	`ProceedsFromLongTermLinesOfCredit`	$1.54B	USD	1 Quarter
Borrowings under revolving credit facilities	`ProceedsFromLongTermLinesOfCredit`	$289.00M	USD	1 Quarter
Repayments under revolving credit facilities	`RepaymentsOfLongTermLinesOfCredit`	$334.00M	USD	1 Quarter
Repayments under revolving credit facilities	`RepaymentsOfLongTermLinesOfCredit`	$2.00B	USD	1 Quarter
Borrowings under term loans	`ProceedsFromBankDebt`	$500.00M	USD	1 Quarter
Borrowings under term loans	`ProceedsFromBankDebt`	-	USD	1 Quarter
Borrowings (repayments) of other debt, net	`ProceedsFromRepaymentsOfOtherDebt`	$-8.00M	USD	1 Quarter
Borrowings (repayments) of other debt, net	`ProceedsFromRepaymentsOfOtherDebt`	$1.00M	USD	1 Quarter
Dividends paid to LKQ stockholders	`PaymentsOfDividends`	$71.00M	USD	1 Quarter
Dividends paid to LKQ stockholders	`PaymentsOfDividends`	$74.00M	USD	1 Quarter
Purchase of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$8.00M	USD	1 Quarter
Purchase of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$144.00M	USD	1 Quarter
Other financing activities, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-6.00M	USD	1 Quarter
Other financing activities, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-10.00M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-278.00M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-66.00M	USD	1 Quarter
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-6.00M	USD	1 Quarter
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.00M	USD	1 Quarter
Net increase in cash and cash equivalents, including cash classified within current assets held for sale	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$64.00M	USD	1 Quarter
Net increase in cash and cash equivalents, including cash classified within current assets held for sale	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$62.00M	USD	1 Quarter
Less: increase in cash classified within current assets held for sale	`IncreaseDecreaseInCashClassifiedWithinCurrentAssetsHeldForSale`	$9.00M	USD	1 Quarter
Less: increase in cash classified within current assets held for sale	`IncreaseDecreaseInCashClassifiedWithinCurrentAssetsHeldForSale`	-	USD	1 Quarter
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecreaseExcludingCashClassifiedWithinCurrentAssetsHeldForSale`	$64.00M	USD	1 Quarter
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecreaseExcludingCashClassifiedWithinCurrentAssetsHeldForSale`	$53.00M	USD	1 Quarter
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$327.00M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$278.00M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$342.00M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$274.00M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$327.00M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$278.00M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$342.00M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$274.00M	USD	Point-in-time
Income taxes, net of refunds	`IncomeTaxesPaidNet`	$28.00M	USD	1 Quarter
Income taxes, net of refunds	`IncomeTaxesPaidNet`	$34.00M	USD	1 Quarter
Interest	`InterestPaidNet`	$24.00M	USD	1 Quarter
Interest	`InterestPaidNet`	$6.00M	USD	1 Quarter

Stockholders Equity 24 line items

Line Item	Tag	Value	Unit	Period
Balance as of January 1, 2023	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.79B	USD	Point-in-time
Balance as of January 1, 2023	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.80B	USD	Point-in-time
Balance as of January 1, 2023	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.71B	USD	Point-in-time
Balance as of January 1, 2023	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.47B	USD	Point-in-time
Balance as of January 1, 2023	`TreasuryStockCommonShares`	55.20M	shares	Point-in-time
Balance as of January 1, 2023	`TreasuryStockCommonShares`	55.10M	shares	Point-in-time
Net income	`NetIncomeLoss`	$270.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$273.00M	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$43.00M	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$-53.00M	USD	1 Quarter
Purchase of treasury stock	`TreasuryStockValueAcquiredCostMethod`	$5.00M	USD	1 Quarter
Purchase of treasury stock	`TreasuryStockValueAcquiredCostMethod`	$144.00M	USD	1 Quarter
Vesting of restricted stock units, net of shares withheld for employee tax	`RestrictedStockUnitsVestedValueNetofTaxWithholdings`	$-6.00M	USD	1 Quarter
Vesting of restricted stock units, net of shares withheld for employee tax	`RestrictedStockUnitsVestedValueNetofTaxWithholdings`	$-5.00M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$13.00M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$10.00M	USD	1 Quarter
Dividends declared to LKQ stockholders	`DividendsCommonStockCash`	$74.00M	USD	1 Quarter
Dividends declared to LKQ stockholders	`DividendsCommonStockCash`	$72.00M	USD	1 Quarter
Balance as of March 31, 2023	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.79B	USD	Point-in-time
Balance as of March 31, 2023	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.80B	USD	Point-in-time
Balance as of March 31, 2023	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.71B	USD	Point-in-time
Balance as of March 31, 2023	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.47B	USD	Point-in-time
Balance as of March 31, 2023	`TreasuryStockCommonShares`	55.20M	shares	Point-in-time
Balance as of March 31, 2023	`TreasuryStockCommonShares`	55.10M	shares	Point-in-time

Comprehensive Income 12 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$270.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$273.00M	USD	1 Quarter
Foreign currency translation, net of tax	`TranslationAdjustmentFunctionalToReportingCurrencyNetOfTaxPeriodIncreaseDecrease`	$57.00M	USD	1 Quarter
Foreign currency translation, net of tax	`TranslationAdjustmentFunctionalToReportingCurrencyNetOfTaxPeriodIncreaseDecrease`	$-54.00M	USD	1 Quarter
Net change in unrealized gains/losses on cash flow hedges, net of tax	`UnrealizedGainLossOnCashFlowHedgingInstruments`	$-17.00M	USD	1 Quarter
Net change in unrealized gains/losses on cash flow hedges, net of tax	`UnrealizedGainLossOnCashFlowHedgingInstruments`	-	USD	1 Quarter
Other comprehensive income from unconsolidated subsidiaries	`Othercomprehensiveincomelossunconsolidatedsubsidiaries`	$3.00M	USD	1 Quarter
Other comprehensive income from unconsolidated subsidiaries	`Othercomprehensiveincomelossunconsolidatedsubsidiaries`	$1.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$43.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-53.00M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$220.00M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$313.00M	USD	1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.