C.H. Robinson Worldwide (CHRW) 10-K 19 Feb 21 2020 FY Annual report Financial data

Cover

Cover - USD ($)	12 Months Ended
	Dec. 31, 2020	Feb. 17, 2021	Jun. 30, 2020
Cover [Abstract]
Document Type	10-K
Document Annual Report	true
Document Period End Date	Dec. 31, 2020
Current Fiscal Year End Date	--12-31
Document Transition Report	false
Entity File Number	000-23189
Entity Registrant Name	C.H. ROBINSON WORLDWIDE, INC.
Entity Central Index Key	0001043277
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	FY
Amendment Flag	false
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	41-1883630
Entity Address, Address Line One	14701 Charlson Road
Entity Address, City or Town	Eden Prairie
Entity Address, State or Province	MN
Entity Address, Postal Zip Code	55347
City Area Code	952
Local Phone Number	937-8500
Title of 12(b) Security	Common Stock, par value $0.10 per share
Trading Symbol	CHRW
Security Exchange Name	NASDAQ
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
ICFR Auditor Attestation Flag	true
Entity Shell Company	false
Entity Public Float			$ 10,644,657,729
Entity Common Stock, Shares Outstanding		133,815,455
Documents Incorporated by Reference	Portions of the Registrant’s Proxy Statement relating to its Annual Meeting of Stockholders to be held May 6, 2021 (the “Proxy Statement”), are incorporated by reference in Part III.

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Current assets:
Cash and cash equivalents	$ 243,796	$ 447,858
Receivables, net of allowance for credit loss of $38,113 and $32,838	2,449,577	1,974,381
Contract assets, net of allowance for credit loss	197,176	132,874
Prepaid expenses and other	51,152	85,005
Total current assets	2,941,701	2,640,118
Property and equipment	478,982	489,976
Accumulated depreciation and amortization	(300,033)	(281,553)
Net property and equipment	178,949	208,423
Goodwill	1,487,187	1,291,760
Other intangible assets, net of accumulated amortization of $68,249 and $156,879	113,910	90,931
Right-of-use lease assets	319,785	310,860
Deferred tax assets	18,640	13,485
Other assets	84,086	85,483
Total assets	5,144,258	4,641,060
Current liabilities:
Accounts payable	1,195,099	984,604
Outstanding checks	88,265	78,231
Accrued expenses:
Compensation	138,460	112,784
Transportation expense	153,574	101,194
Income taxes	43,700	12,354
Other accrued liabilities	154,460	62,706
Current lease liabilities	66,174	61,280
Current portion of debt	0	142,885
Total current liabilities	1,839,732	1,556,038
Long-term debt	1,093,301	1,092,448
Noncurrent lease liabilities	268,572	259,444
Noncurrent income taxes payable	26,015	22,354
Deferred tax liabilities	22,182	39,776
Other long-term liabilities	14,523	270
Total liabilities	3,264,325	2,970,330
Commitments and contingencies
Stockholders’ investment:
Preferred stock, $0.10 par value, 20,000 shares authorized; no shares issued or outstanding	0	0
Common stock, $0.10 par value, 480,000 shares authorized; 179,232 and 179,380 shares issued, 134,298 and 134,895 outstanding	13,430	13,490
Additional paid-in capital	566,022	546,646
Retained earnings	4,372,833	4,144,834
Accumulated other comprehensive loss	(45,998)	(76,149)
Treasury stock at cost (44,934 and 44,485 shares)	(3,026,354)	(2,958,091)
Total stockholders’ investment	1,879,933	1,670,730
Total liabilities and stockholders’ investment	$ 5,144,258	$ 4,641,060

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Statement of Financial Position [Abstract]
Receivables, allowance for doubtful accounts	$ 38,113	$ 32,838
Other intangible assets, accumulated amortization	$ 68,249	$ 156,879
Preferred stock, par value (in dollars per share)	$ 0.10	$ 0.10
Preferred stock, authorized (in shares)	20,000,000	20,000,000
Preferred stock, issued (in shares)	0	0
Preferred stock, outstanding (in shares)	0	0
Common stock, par value (in dollars per share)	$ 0.10	$ 0.10
Common stock, authorized (in shares)	480,000,000	480,000,000
Common stock, issued (in shares)	179,232,000	179,380,000
Common stock, outstanding (in shares)	134,298,000	134,895,000
Treasury stock (in shares)	44,934,000	44,485,000

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Revenues:
Total revenues	$ 16,207,106	$ 15,309,508	$ 16,631,172
Costs and expenses:
Personnel expenses	1,242,867	1,298,528	1,343,542
Other selling, general, and administrative expenses	496,122	497,806	449,610
Total costs and expenses	15,533,838	14,519,532	15,719,089
Income from operations	673,268	789,976	912,083
Interest and other expenses	(44,937)	(47,719)	(31,810)
Income before provision for income taxes	628,331	742,257	880,273
Provision for income taxes	121,910	165,289	215,768
Net income	506,421	576,968	664,505
Other comprehensive income (loss)	30,151	(4,214)	(53,475)
Comprehensive income	$ 536,572	$ 572,754	$ 611,030
Basic net income per share (in dollars per share)	$ 3.74	$ 4.21	$ 4.78
Diluted net income per share (in dollars per share)	$ 3.72	$ 4.19	$ 4.73
Basic weighted average shares outstanding (in shares)	135,532	136,955	139,010
Dilutive effect of outstanding stock awards (in shares)	641	780	1,395
Diluted weighted average shares outstanding (in shares)	136,173	137,735	140,405
Transportation
Revenues:
Total revenues	$ 15,147,562	$ 14,322,295	$ 15,515,921
Costs and expenses:
Purchased services and products	12,834,608	11,839,433	12,922,177
Sourcing
Revenues:
Total revenues	1,059,544	987,213	1,115,251
Costs and expenses:
Purchased services and products	$ 960,241	$ 883,765	$ 1,003,760

CONSOLIDATED STATEMENTS OF STOC

CONSOLIDATED STATEMENTS OF STOCKHOLDERS' INVESTMENT - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning Balance	$ 1,670,730	$ 1,595,087	$ 1,425,745
Net income	506,421	576,968	664,505
Foreign currency translation	30,151	(4,214)	(53,475)
Dividends declared	(278,422)	(277,727)	(265,244)
Stock issued for employee benefit plans	89,803	47,977	30,018
Issuance of restricted stock	0	0	0
Stock-based compensation expense	43,995	39,083	87,791
Repurchase of common stock	(182,745)	(306,444)	(303,492)
Ending Balance	$ 1,879,933	$ 1,670,730	1,595,087	$ 1,425,745
Cumulative Effect Change - ASU 2014-09				us-gaap:AccountingStandardsUpdate201409Member
Cumulative Effect Change
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning Balance			$ 9,239
Ending Balance				$ 9,239
Common Stock
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning Balance (in shares)	134,895	137,284	139,542
Beginning Balance	$ 13,490	$ 13,728	$ 13,954
Stock issued for employee benefit plans (in shares)	1,754	1,017	764
Stock issued for employee benefit plans	$ 175	$ 102	$ 76
Issuance of restricted stock (in shares)	192	28	297
Issuance of restricted stock	$ 19	$ 3	$ 30
Stock-based compensation expense (in shares)	0	0	0
Stock-based compensation expense	$ 0	$ 0	$ 0
Repurchase of common stock (in shares)	(2,543)	(3,434)	(3,319)
Repurchase of common stock	$ (254)	$ (343)	$ (332)
Ending Balance (in shares)	134,298	134,895	137,284	139,542
Ending Balance	$ 13,430	$ 13,490	$ 13,728	$ 13,954
Additional Paid-in Capital
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning Balance	546,646	521,486	444,280
Stock issued for employee benefit plans	(24,600)	(13,920)	(10,547)
Issuance of restricted stock	(19)	(3)	(30)
Stock-based compensation expense	43,995	39,083	87,783
Ending Balance	566,022	546,646	521,486	444,280
Retained Earnings
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning Balance	4,144,834	3,845,593	3,437,093
Net income	506,421	576,968	664,505
Dividends declared	(278,422)	(277,727)	(265,244)
Ending Balance	4,372,833	4,144,834	3,845,593	3,437,093
Retained Earnings | Cumulative Effect Change
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning Balance			9,239
Ending Balance				9,239
Accumulated Other Comprehensive Loss
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning Balance	(76,149)	(71,935)	(18,460)
Foreign currency translation	30,151	(4,214)	(53,475)
Ending Balance	(45,998)	(76,149)	(71,935)	(18,460)
Treasury Stock
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning Balance	(2,958,091)	(2,713,785)	(2,451,122)
Stock issued for employee benefit plans	114,228	61,795	40,489
Stock-based compensation expense	0	0	8
Repurchase of common stock	(182,491)	(306,101)	(303,160)
Ending Balance	$ (3,026,354)	$ (2,958,091)	$ (2,713,785)	$ (2,451,122)

CONSOLIDATED STATEMENTS OF ST_2

CONSOLIDATED STATEMENTS OF STOCKHOLDERS' INVESTMENT (Parenthetical) - $ / shares	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Statement of Stockholders' Equity [Abstract]
Dividends declared per share (in dollars per share)	$ 2.04	$ 2.01	$ 1.88

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
OPERATING ACTIVITIES
Net income	$ 506,421	$ 576,968	$ 664,505
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	101,727	100,449	96,729
Provision for credit losses	17,281	5,853	15,634
Stock-based compensation	43,995	39,083	87,791
Deferred income taxes	(32,984)	(2,407)	(15,315)
Excess tax benefit on stock-based compensation	(17,581)	(8,492)	(10,388)
Other operating activities	15,096	(3,830)	1,815
Changes in operating elements, net of effects of acquisitions:
Receivables	(452,145)	208,312	(190,048)
Contract assets	(65,454)	26,761	(11,871)
Prepaid expenses and other	27,237	(29,871)	16,029
Accounts payable and outstanding checks	180,272	(17,968)	36,083
Accrued compensation	22,547	(40,757)	47,011
Accrued transportation expense	52,380	(18,626)	25,175
Accrued income taxes	51,916	(12,636)	21,176
Other accrued liabilities	26,503	8,937	7,200
Other assets and liabilities	21,980	3,643	1,370
Net cash provided by operating activities	499,191	835,419	792,896
INVESTING ACTIVITIES
Purchases of property and equipment	(23,133)	(36,290)	(45,000)
Purchases and development of software	(30,876)	(34,175)	(18,871)
Acquisitions, net of cash acquired	(223,230)	(59,200)	(5,315)
Other investing activities	5,525	16,636	(3,622)
Net cash used for investing activities	(271,714)	(113,029)	(72,808)
FINANCING ACTIVITIES
Proceeds from stock issued for employee benefit plans	107,657	63,092	51,285
Stock tendered for payment of withholding taxes	(17,854)	(15,115)	(21,264)
Repurchase of common stock	(177,514)	(309,444)	(300,991)
Cash dividends	(209,956)	(277,786)	(265,219)
Proceeds from long-term borrowings	0	1,298,000	591,012
Payments on long-term borrowings	0	(1,505,000)	0
Proceeds from short-term borrowings	1,436,600	185,000	2,674,000
Payments on short-term borrowings	(1,579,600)	(90,000)	(3,384,000)
Net cash used for financing activities	(440,667)	(651,253)	(655,177)
Effect of exchange rates on cash and cash equivalents	9,128	(1,894)	(20,186)
Net change in cash and cash equivalents	(204,062)	69,243	44,725
Cash and cash equivalents, beginning of year	447,858	378,615	333,890
Cash and cash equivalents, end of year	243,796	447,858	378,615
Supplemental cash flow disclosures
Cash paid for income taxes	93,070	219,029	215,644
Cash paid for interest	47,518	50,854	47,544
Accrued share repurchases held in other accrued liabilities	$ 5,231	$ 0	$ 3,000

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Dec. 31, 2020
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES BASIS OF PRESENTATION. C.H. Robinson Worldwide, Inc., and our subsidiaries (“the company,” “we,” “us,” or “our”) are a global provider of transportation services and logistics solutions through a network of offices operating in North America, Europe, Asia, Oceania, and South America. The consolidated financial statements include the accounts of C.H. Robinson Worldwide, Inc., and our majority owned and controlled subsidiaries. Our minority interests in subsidiaries are not significant. All intercompany transactions and balances have been eliminated in the consolidated financial statements. USE OF ESTIMATES. The preparation of financial statements, in conformity with accounting principles generally accepted in the United States, requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities as of the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Estimates have been prepared on the basis of the most current and best information available, and our actual results could differ materially from those estimates. REVENUE RECOGNITION. At contract inception, we assess the goods and services promised in our contracts with customers and identify our performance obligations to provide distinct goods and services to our customers. We have determined that the following distinct goods and services represent our primary performance obligations. Transportation and Logistics Services - As a global logistics provider, our primary performance obligation under our customer contracts is to utilize our relationships with a wide variety of transportation companies to efficiently and cost-effectively transport our customers’ freight. Revenue is recognized for these performance obligations as they are satisfied over the contract term, which generally represents the transit period. The transit period can vary based upon the method of transport, generally a number of days for over the road, rail, and air transportation, or several weeks in the case of an ocean shipment. Determining the transit period and how much of it has been completed as of the reporting date may require management to make judgments that affect the timing of revenue recognized. When the customers’ freight reaches its intended destination our performance obligation is complete. Pricing for our services is generally a fixed amount and is typically due within 30 days upon completion of our performance obligation. We also provide certain value-added logistics services, such as customs brokerage, fee-based managed services, warehousing services, small parcel, and supply chain consulting and optimization services. These services may include one or more performance obligations, which are generally satisfied over the service period as we perform our obligations. The service period may be a very short duration, in the case of customs brokerage and small parcel, or it may be longer in the case of warehousing, managed services, and supply chain consulting and optimization services. Pricing for our services is established in the customer contract and is dependent upon the specific needs of the customer but may be agreed upon at a fixed fee per transaction, labor hour, or service period. Payment is typically due within 30 days upon completion of our performance obligation. Sourcing Services - We contract with grocery retailers, restaurants, foodservice distributors, and produce wholesalers to provide sourcing services under the trade name Robinson Fresh. Our primary service obligation under these contracts is the buying, selling, and/or marketing of produce including fresh fruits, vegetables, and other value-added perishable items. Revenue is recognized when our performance obligations under these contracts is satisfied at a point in time, generally when the produce is received by our customer. Pricing under these contracts is generally a fixed amount and is typically due within 20 to 30 days upon completion of our performance obligation. In many cases, as additional performance obligations, we contract to arrange logistics and transportation of the products we buy, sell, and/or market. These performance obligations are satisfied over the contract term consistent with our other transportation and logistics services. The contract period is typically less than one year. Pricing for our services is generally a fixed amount and is typically due within 30 days upon completion of our performance obligation. Total revenues represent the total dollar value of revenue recognized from contracts with customers for the goods and services we provide. Substantially all of our revenue is attributable to contracts with our customers. Our adjusted gross profits are our total revenues less purchased transportation and related services, including contracted motor carrier, rail, ocean, air, and other costs, and the purchase price and services related to the products we source. Most transactions in our transportation and sourcing businesses are recorded at the gross amount we charge our customers for the service we provide and goods we sell. In these transactions, we are primarily responsible for fulfilling the promise to provide the specified good or service to our customer and we have discretion in establishing the price for the specified good or service. Additionally, in our sourcing business, in some cases we take inventory risk before the specified good has been transferred to our customer. Customs brokerage, managed services, freight forwarding, and sourcing managed procurement transactions are recorded at the net amount we charge our customers for the service we provide because many of the factors stated above are not present. CONTRACT ASSETS. Contract assets represent amounts for which we have the right to consideration for the services we have provided while a shipment is still in-transit but for which we have not yet completed our performance obligation or have not yet invoiced our customer. Upon completion of our performance obligations, which can vary in duration based upon the method of transport, and billing our customer these amounts become classified within accounts receivable and are then typically due within 30 days. ACCRUED TRANSPORTATION EXPENSE. Accrued transportation expense represents amounts we owe to vendors, primarily transportation providers, for the services they have provided while a shipment is still in-transit as of the reporting date. ALLOWANCE FOR CREDIT LOSSES. Accounts receivable and contract assets are reduced by an allowance for expected credit losses. We determine our allowance for expected credit losses by evaluating two approaches that consider our past credit loss experience, our customers' credit ratings, and other customer-specific and macroeconomic factors. The first approach is pooling our customers by credit rating and applying an expected loss ratio based upon credit rating and number of days the receivable has been outstanding, (i.e., aging approach). The second approach is to compute an expected loss ratio for each credit rating pool based upon our historical write-off experience and apply it to our accounts receivable, (i.e., loss ratio approach). These two approaches are evaluated in consideration of other known information and customer specific and macroeconomic factors, including the price of diesel fuel, for purposes of determining the expected credit loss allowance. FOREIGN CURRENCY. Most balance sheet accounts of foreign subsidiaries are remeasured and translated at the current exchange rate as of the end of the year. Translation adjustments are recorded in other comprehensive (loss) income. Statement of operations items are translated at the average exchange rate during the year. CASH AND CASH EQUIVALENTS. Cash and cash equivalents consist primarily of bank deposits and highly liquid investments with an original maturity of three months or less from the time of purchase. Cash and cash equivalents held outside the United States totaled $230.9 million and $405.1 million as of December 31, 2020 and 2019. The majority of our cash and cash equivalents balance is denominated in U.S. dollars although these balances are frequently held in locations where the U.S. dollar is not the functional currency. PREPAID EXPENSES AND OTHER. Prepaid expenses and other include such items as software maintenance contracts, insurance premiums, other prepaid operating expenses, and inventories, consisting primarily of produce and related products held for resale. RIGHT-OF-USE LEASE ASSETS. Right-of-use lease assets are recognized upon lease commencement and represent our right to use an underlying asset for the lease term. LEASE LIABILITIES. Lease liabilities are recognized at commencement date and represent our obligation to make the lease payments arising from a lease, measured on a discounted basis. PROPERTY AND EQUIPMENT. Property and equipment are recorded at cost. Maintenance and repair expenditures are charged to expense as incurred. Depreciation is computed using the straight-line method over the estimated lives of the assets. Amortization of leasehold improvements is computed over the shorter of the lease term or the estimated useful lives of the improvements. We recognized the following depreciation expense (in thousands): 2020 $ 42,890 2019 45,016 2018 45,155 A summary of our property and equipment as of December 31, is as follows (in thousands): 2020 2019 Furniture, fixtures, and equipment $ 286,277 $ 283,378 Buildings 93,538 112,410 Corporate aircraft 11,461 11,461 Leasehold improvements 67,037 61,539 Land 19,816 20,146 Construction in progress 853 1,042 Less: accumulated depreciation and amortization (300,033) (281,553) Net property and equipment $ 178,949 $ 208,423 GOODWILL. Goodwill represents the excess of the cost of acquired businesses over the net of the fair value of identifiable tangible assets and identifiable intangible assets purchased and liabilities assumed. Goodwill is tested for impairment at the reporting unit level (operating segment or one level below an operating segment) on an annual basis (November 30 for us) and between annual tests if an event occurs or circumstances change that would more likely than not reduce the fair value of a reporting unit below its carrying value. See Note 2, Goodwill and Other Intangible Assets . OTHER INTANGIBLE ASSETS. Other intangible assets include definite-lived customer lists, trademarks, non-competition agreements, and indefinite-lived trademarks. The definite-lived intangible assets are being amortized using the straight-line method over their estimated lives. Definite-lived intangible assets are evaluated for impairment whenever events or changes in circumstances indicate that the carrying amount may not be recoverable. The indefinite-lived trademarks are not amortized. Indefinite-lived intangible assets are evaluated for impairment whenever events or changes in circumstances indicate that the carrying amount may not be recoverable, or annually, at a minimum. See Note 2, Goodwill and Other Intangible Assets . OTHER ASSETS. Other assets consist primarily of purchased and internally developed software, and the investments related to our nonqualified deferred compensation plan. We amortize software using the straight-line method over three years. We recognized the following amortization expense of purchased and internally developed software (in thousands): 2020 $ 22,612 2019 17,023 2018 14,688 A summary of our purchased and internally developed software as of December 31, is as follows (in thousands): 2020 2019 Purchased software $ 29,029 $ 34,026 Internally developed software 127,476 100,894 Less accumulated amortization (96,891) (83,158) Net software $ 59,614 $ 51,762 INCOME TAXES. Income taxes are accounted for using the asset and liability method. Under this method, deferred tax assets and liabilities are recognized for the future tax consequences of temporary differences between the carrying amounts and tax bases of assets and liabilities using enacted rates. Annual tax provisions include amounts considered sufficient to pay assessments that may result from examination of prior year tax returns; however, the amount ultimately paid upon resolution of issues raised may differ from the amounts accrued. The financial statement benefits of an uncertain income tax position are recognized when more likely than not, based on the technical merits, the position will be sustained upon examination. Unrecognized tax benefits are, more likely than not, owed to a taxing authority, and the amount of the contingency can be reasonably estimated. Uncertain income tax positions are included in “Accrued income taxes” or “Noncurrent income taxes payable” in the consolidated balance sheets. COMPREHENSIVE INCOME (LOSS). Comprehensive income (loss) consists primarily of foreign currency translation adjustments. It is presented on our consolidated statements of operations and comprehensive income net of related income tax effects. STOCK-BASED COMPENSATION. We issue stock awards, including stock options, performance shares, and restricted stock units, to key employees and outside directors. In general, the awards vest over five years, either based on the company’s earnings growth or the passage of time. The related compensation expense for each award is recognized over the appropriate vesting period. The fair value of each share-based payment award is established on the date of grant. For grants of shares and restricted stock units, the fair value is established based on the market price on the date of the grant, discounted for post-vesting holding restrictions. The discounts on outstanding grants vary from 12 percent to 22 percent and are calculated using the Black-Scholes option pricing model-protective put method. Changes in expected volatility and risk-free interest rates are the primary reason for changes in the discount. For grants of options, we use the Black-Scholes option pricing model to estimate the fair value of share-based payment awards. The determination of the fair value of share-based awards is affected by our stock price and a number of assumptions, including expected volatility, expected term, risk-free interest rate, and dividend yield.

GOODWILL AND OTHER INTANGIBLE A

GOODWILL AND OTHER INTANGIBLE ASSETS	12 Months Ended
	Dec. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]
GOODWILL AND OTHER INTANGIBLE ASSETS	GOODWILL AND OTHER INTANGIBLE ASSETS The change in the carrying amount of goodwill is as follows (in thousands): NAST Global Forwarding All Other and Corporate Total December 31, 2018 balance $ 1,016,784 $ 182,029 $ 60,109 $ 1,258,922 Acquisitions — 25,892 7,771 33,663 Foreign currency translation (1,214) 499 (110) (825) December 31, 2019 balance 1,015,570 208,420 67,770 1,291,760 Acquisitions 176,484 780 — 177,264 Foreign currency translation 11,918 4,782 1,463 18,163 December 31, 2020 balance $ 1,203,972 $ 213,982 $ 69,233 $ 1,487,187 Goodwill is tested at least annually for impairment on November 30, or more frequently if events or changes in circumstances indicate that the asset might be impaired. We first perform a qualitative assessment to determine whether it is more likely than not that the fair value of our reporting units is less than their respective carrying value (“Step Zero Analysis”). If the Step Zero Analysis indicates it is more likely than not that the fair value of our reporting units is less than their respective carrying value, an additional impairment assessment is performed (“Step One Analysis”). As part of our Step Zero Analysis, we considered the impacts of the novel coronavirus (“COVID-19”) pandemic on financial markets and our business operations and determined that the more likely than not criteria had not been met, and therefore a Step One Analysis was not required. No goodwill or intangible asset impairment has been recorded in any previous or current period presented. Identifiable intangible assets consisted of the following at December 31 (in thousands): 2020 2019 Cost Accumulated Amortization Net Cost Accumulated Amortization Net Finite-lived intangibles Customer relationships $ 171,684 $ (67,312) $ 104,372 $ 237,335 $ (156,879) $ 80,456 Trademarks 1,875 (937) 938 — — — Total finite-lived intangibles 173,559 (68,249) 105,310 237,335 (156,879) 80,456 Indefinite-lived intangibles Trademarks 8,600 — 8,600 10,475 — 10,475 Total intangibles $ 182,159 $ (68,249) $ 113,910 $ 247,810 $ (156,879) $ 90,931 Amortization expense for other intangible assets was (in thousands): 2020 $ 36,225 2019 38,410 2018 36,886 Finite-lived intangible assets, by reportable segment, as of December 31, 2020, will be amortized over their remaining lives as follows (in thousands): NAST Global Forwarding All Other and Corporate Total 2021 $ 8,096 $ 15,761 $ 1,607 $ 25,464 2022 8,096 15,761 669 24,526 2023 8,096 12,944 669 21,709 2024 8,008 3,918 669 12,595 2025 7,857 2,616 669 11,142 Thereafter 9,167 426 281 9,874 Total $ 105,310

FAIR VALUE MEASUREMENT

FAIR VALUE MEASUREMENT	12 Months Ended
	Dec. 31, 2020
Fair Value Disclosures [Abstract]
FAIR VALUE MEASUREMENT	FAIR VALUE MEASUREMENT Accounting guidance on fair value measurements for certain financial assets and liabilities requires that assets and liabilities carried at fair value be classified and disclosed in one of the following three categories: • Level 1-Quoted market prices in active markets for identical assets or liabilities. • Level 2-Observable market-based inputs or unobservable inputs that are corroborated by market data. • Level 3-Unobservable inputs reflecting the reporting entity’s own assumptions or external inputs from inactive markets. A financial asset or liability’s classification within the hierarchy is determined based on the lowest level of input that is significant to the fair value measurement.

FINANCING ARRANGEMENTS

FINANCING ARRANGEMENTS	12 Months Ended
	Dec. 31, 2020
Debt Disclosure [Abstract]
FINANCING ARRANGEMENTS	FINANCING ARRANGEMENTS The components of our short-term and long-term debt and the associated interest rates were as follows (dollars in thousands): Average interest rate as of Carrying value as of December 31, 2020 December 31, 2019 Maturity December 31, 2020 December 31, 2019 Revolving credit facility — % — % October 2023 $ — $ — Senior Notes, Series A 3.97 % 3.97 % August 2023 175,000 175,000 Senior Notes, Series B 4.26 % 4.26 % August 2028 150,000 150,000 Senior Notes, Series C 4.60 % 4.60 % August 2033 175,000 175,000 Receivables securitization facility (1) — % 2.41 % December 2020 — 142,885 Senior Notes (1) 4.20 % 4.20 % April 2028 593,301 592,448 Total debt 1,093,301 1,235,333 Less: Current maturities and short-term borrowing — (142,885) Long-term debt $ 1,093,301 $ 1,092,448 ________________________________ (1) Net of unamortized discounts and issuance costs. SENIOR UNSECURED REVOLVING CREDIT FACILITY We have a senior unsecured revolving credit facility (the "Credit Agreement") with a total availability of $1 billion and a maturity date of October 24, 2023. Borrowings under the Credit Agreement generally bear interest at a variable rate determined by a pricing schedule or the base rate (which is the highest of (a) the administrative agent's prime rate, (b) the federal funds rate plus 0.50 percent, or (c) the sum of one-month LIBOR plus a specified margin). As of December 31, 2020, the variable rate equaled LIBOR plus 1.13 percent. In addition, there is a commitment fee on the average daily undrawn stated amount under each letter of credit issued under the facility ranging from 0.075 percent to 0.200 percent. The recorded amount of borrowings outstanding approximates fair value because of the short maturity period of the debt; therefore, we consider these borrowings to be a Level 2 financial liability. The Credit Agreement contains various restrictions and covenants that require us to maintain certain financial ratios, including a maximum leverage ratio of 3.50 to 1.00. The Credit Agreement also contains customary events of default. If an event of default under the Credit Agreement occurs and is continuing, then the administrative agent may declare any outstanding obligations under the Credit Agreement to be immediately due and payable. In addition, if we become the subject of voluntary or involuntary proceedings under any bankruptcy, insolvency, or similar law, then any outstanding obligations under the Credit Agreement will automatically become immediately due and payable. NOTE PURCHASE AGREEMENT On August 23, 2013, we entered into a Note Purchase Agreement with certain institutional investors (the “Purchasers”). On August 27, 2013, the Purchasers purchased an aggregate principal amount of $500 million of our Senior Notes, Series A, Senior Notes Series B, and Senior Notes Series C, collectively (the “Notes”). Interest on the Notes is payable semi-annually in arrears. The fair value of the Notes approximated $560.0 million at December 31, 2020. We estimate the fair value of the Notes primarily using an expected present value technique, which is based on observable market inputs using interest rates currently available to companies of similar credit standing for similar terms and remaining maturities, and considering our own risk. If the Notes were recorded at fair value, they would be classified as Level 2. The Note Purchase Agreement contains various restrictions and covenants that require us to maintain certain financial ratios, including a maximum leverage ratio of 3.00 to 1.00, a minimum interest coverage ratio of 2.00 to 1.00, and a maximum consolidated priority debt to consolidated total asset ratio of 15 percent. The Note Purchase Agreement provides for customary events of default. The occurrence of an event of default would permit certain Purchasers to declare certain Notes then outstanding to be immediately due and payable. Under the terms of the Note Purchase Agreement, the Notes are redeemable, in whole or in part, at 100 percent of the principal amount being redeemed together with a “make-whole amount” (as defined in the Note Purchase Agreement), and accrued and unpaid interest with respect to each Note. The obligations of the company under the Note Purchase Agreement and the Notes are guaranteed by C.H. Robinson Company, a Delaware corporation and a wholly-owned subsidiary of the company, and by C.H. Robinson Company, Inc., a Minnesota corporation and an indirect wholly-owned subsidiary of the company. U.S. TRADE ACCOUNTS RECEIVABLE SECURITIZATION On April 26, 2017, we entered into a receivables purchase agreement and related transaction documents with The Bank of Tokyo-Mitsubishi UFJ, Ltd., New York Branch and Wells Fargo Bank, N.A. to provide a receivables securitization facility (the “Receivables Securitization Facility”). On December 17, 2018, we entered into an amendment on the Receivables Securitization Facility, which changed the lending parties to Wells Fargo Bank, N.A. and Bank of America, N.A. and extended the maturity date from April 26, 2019, to December 17, 2020. The Receivables Securitization Facility was based on the securitization of our U.S. trade accounts receivable and provided funding of up to $250 million. The interest rate on borrowings under the Receivables Securitization Facility were based on 30 day LIBOR plus a margin. There was also a commitment fee we were required to pay on any unused portion of the facility. The Receivables Securitization Facility expired on December 17, 2020, and it was not renewed. SENIOR NOTES On April 9, 2018, we issued senior unsecured notes (“Senior Notes”) through a public offering. The Senior Notes bear an annual interest rate of 4.20 percent payable semi-annually on April 15 and October 15, until maturity on April 15, 2028. The proceeds from the Senior Notes were utilized to pay down the balance on our Credit Agreement. Taking into effect the amortization of the original issue discount and all underwriting and issuance expenses, the Senior Notes have an effective yield to maturity of approximately 4.39 percent per annum. The fair value of the Senior Notes, excluding debt discounts and issuance costs, approximated $710.2 million as of December 31, 2020, based primarily on the market prices quoted from external sources. The carrying value of the Senior Notes was $593.3 million as of December 31, 2020. If the Senior Notes were measured at fair value in the financial statements, they would be classified as Level 2 in the fair value hierarchy. We may redeem the Senior Notes, in whole or in part, at any time and from time to time prior to their maturity at the applicable redemption prices described in the Senior Notes. Upon the occurrence of a “change of control triggering event” as defined in the Senior Notes (generally, a change of control of us accompanied by a reduction in the credit rating for the Senior Notes), we will generally be required to make an offer to repurchase the Senior Notes from holders at 101 percent of their principal amount plus accrued and unpaid interest to the date of repurchase. The Senior Notes were issued under an indenture that contains covenants imposing certain limitations on our ability to incur liens, enter into sales and leaseback transactions above certain limits; and consolidate, merge, or transfer substantially all of our assets and those of our subsidiaries on a consolidated basis. It also provides for customary events of default (subject in certain cases to customary grace and cure periods), which include among other things nonpayment, breach of covenants in the indenture, and certain events of bankruptcy and insolvency. If an event of default occurs and is continuing with respect to the Senior Notes, the trustee or holders of at least 25 percent in principal amount outstanding of the Senior Notes may declare the principal and the accrued and unpaid interest, if any, on all of the outstanding Senior Notes to be due and payable. These covenants and events of default are subject to a number of important qualifications, limitations, and exceptions that are described in the indenture. The indenture does not contain any financial ratios or specified levels of net worth or liquidity to which we must adhere. I n addition to the above financing agreements we have a $15 million discretionary line of credit with US Bank of which $8.0 million is currently utilized for standby letters of credit related to insurance collateral as of December 31, 2020. These standby letters of credit are renewed annually and were undrawn as of December 31, 2020.

INCOME TAXES

INCOME TAXES	12 Months Ended
	Dec. 31, 2020
Income Tax Disclosure [Abstract]
INCOME TAXES	INCOME TAXES C.H. Robinson Worldwide, Inc., and its 80 percent (or more) owned U.S. subsidiaries file a consolidated federal income tax return. We file unitary or separate state returns based on state filing requirements. With few exceptions, we are no longer subject to audits of U.S. federal, state and local, or non-U.S. income tax returns before 2013. We are currently under an Internal Revenue Service audit for the 2015-2017 tax years. In 2019 we removed our assertion that the unremitted earnings of our foreign subsidiaries were permanently reinvested with limited exceptions. If we repatriated all foreign earnings that are still considered to be permanently reinvested, the estimated effect on income taxes payable would be an increase of approximately $2.0 million as of December 31, 2020. On March 27, 2020, the U.S. government enacted the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”) in response to the COVID-19 pandemic. The CARES Act allows for a deferral of the employer share of federal payroll taxes otherwise due through December 31, 2020. Under the act, 50 percent of the deferred amount is due December 31, 2021, and the remaining 50 percent is due December 31, 2022. This provision allows us to defer certain federal payroll deposits and invest this cash back into the business without any interest cost. The CARES Act also provides for a tax credit of up to $5,000 related to wages and health benefits provided to an employee whose work from March 17, 2020, through December 31, 2020, was impacted by COVID-19. Through December 31, 2020, we have recognized a payroll deferral and tax credit of $28.5 million and $0.7 million, respectively, under the CARES Act. On December 22, 2017, the U.S. government enacted comprehensive tax legislation commonly referred to as the Tax Cuts and Jobs Act (the “Tax Act”). The Tax Act made broad and complex changes to the U.S. tax code, including but not limited to, reducing the U.S. federal corporate tax rate from 35 percent to 21 percent and adding new rules for Global Intangible Low-tax Income (“GILTI”) and Foreign Derived Intangible Income (“FDII”). We have included the tax impact of both GILTI and FDII in our income tax expense for the twelve months ended December 31, 2020 and 2019. The Treasury Department issued final regulatory guidance related to both GILTI and FDII on July 15, 2020. The effective date of these regulations is generally January 1, 2021, absent an election to apply these rules retroactively to a 2018 effective date. We are reviewing these regulations and the potential to elect a 2018 effective date. The impact of this new guidance is not expected to have a material impact on full-year 2020 results. On September 29, 2020, the Treasury Department issued final and proposed regulations on determining the foreign tax credit, and allocating and apportioning deductions, under the Internal Revenue Code. We are still completing our review of these regulations, but the impact of this new guidance is not expected to have a material impact on our results. On December 27, 2020, the U.S. government enacted the Consolidated Appropriations Act, 2021. The bill extends several CARES Act provisions, including the employee retention tax credit. It also contains miscellaneous tax provisions effective for tax years beginning after December 31, 2020. The impact of this new guidance does not have a material impact on full-year 2020 results. Income before provision for income taxes consisted of (in thousands): 2020 2019 2018 Domestic $ 499,384 $ 649,742 $ 738,927 Foreign 128,947 92,515 141,346 Total $ 628,331 $ 742,257 $ 880,273 A reconciliation of the beginning and ending amount of unrecognized tax benefits, excluding interest and penalties, is as follows (in thousands): 2020 2019 2018 Unrecognized tax benefits, beginning of period $ 33,938 $ 31,515 $ 31,806 Additions based on tax positions related to the current year 3,172 2,212 — Additions for tax positions of prior years 1,568 2,148 1,662 Reductions for tax positions of prior years (124) — (263) Lapse in statute of limitations (2,276) (1,703) (1,394) Settlements (62) (234) (296) Unrecognized tax benefits, end of the period $ 36,216 $ 33,938 $ 31,515 Income tax expense considers amounts that may be needed to cover exposures for open tax years. We do not expect any material impact related to open tax years; however, actual settlements may differ from amounts accrued. As of December 31, 2020, we had $42.3 million of unrecognized tax benefits and related interest and penalties, all of which would affect our effective tax rate if recognized. We are not aware of any tax positions for which it is reasonably possible that the total amount of unrecognized tax benefit will significantly increase or decrease in the next 12 months. The total liability for unrecognized tax benefits is expected to decrease by approximately $1.8 million in the next 12 months due to lapsing of statutes. We recognize interest and penalties related to uncertain tax positions in the provision for income taxes. During the years ended December 31, 2020, 2019, and 2018, we recognized approximately $1.0 million in interest and penalties. We had approximately $6.1 million and $6.0 million for the payment of interest and penalties related to uncertain tax positions accrued within noncurrent income taxes payable as of December 31, 2020 and 2019, respectively. These amounts are not included in the reconciliation above. The components of the provision for income taxes consist of the following for the years ended December 31 (in thousands): 2020 2019 2018 Tax provision: Federal $ 99,901 $ 106,009 $ 152,627 State 19,825 25,788 38,626 Foreign 40,103 35,899 39,830 159,829 167,696 231,083 Deferred provision (benefit): Federal (28,238) 1,554 (11,969) State (5,749) 316 (3,176) Foreign (3,932) (4,277) (170) (37,919) (2,407) (15,315) Total provision $ 121,910 $ 165,289 $ 215,768 A reconciliation of the provision for income taxes using the statutory federal income tax rate to our effective income tax rate for the years ended December 31, is as follows: 2020 2019 2018 Federal statutory rate 21.0 % 21.0 % 21.0 % State income taxes, net of federal benefit 2.5 2.8 3.3 Tax Act impact — — 0.4 Share-based payment awards (2.8) (0.9) (0.7) Excess foreign tax credits (2.2) (1.5) — Foreign 1.3 1.7 0.6 Other (0.4) (0.8) (0.1) Effective income tax rate 19.4 % 22.3 % 24.5 % Deferred tax assets (liabilities) are comprised of the following at December 31 (in thousands): 2020 2019 Deferred tax assets: Lease liabilities $ 82,982 $ 77,879 Compensation 60,160 54,226 Accrued expenses 39,987 23,179 Receivables 7,810 5,086 Tax credit carryforward 10,464 — Other 8,574 7,417 Deferred tax liabilities: Right-of-use assets (77,513) (75,352) Intangible assets (81,210) (73,166) Accrued revenue (18,978) (14,893) Prepaid assets (5,732) (4,660) Long-lived assets (12,722) (15,134) Foreign withholding tax (10,222) (9,259) Other (7,142) (1,614) Net deferred tax liabilities $ (3,542) $ (26,291) We had foreign net operating loss carryforwards with a tax effect of $11.0 million as of December 31, 2020, and $11.1 million as of December 31, 2019. The net operating loss carryforwards will expire at various dates from 2021 to 2026, with certain jurisdictions having indefinite carryforward terms. We continually monitor and review the foreign net operating loss carryforwards to determine the ability to realize the deferred tax assets associated with the foreign net operating loss carryforwards. As of December 31, 2020 and 2019, we have recorded a valuation allowance of $7.6 million and $8.5 million, respectively, against the deferred tax asset related to the foreign operating loss carryforwards.

CAPITAL STOCK AND STOCK AWARD P

CAPITAL STOCK AND STOCK AWARD PLANS	12 Months Ended
	Dec. 31, 2020
Share-based Payment Arrangement [Abstract]
CAPITAL STOCK AND STOCK AWARD PLANS	CAPITAL STOCK AND STOCK AWARD PLANS PREFERRED STOCK. Our Certificate of Incorporation authorizes the issuance of 20,000,000 shares of preferred stock, par value $0.10 per share. There are no shares of preferred stock outstanding. The preferred stock may be issued by resolution of our Board of Directors at any time without any action of the stockholders. The Board of Directors may issue the preferred stock in one or more series and fix the designation and relative powers. These include voting powers, preferences, rights, qualifications, limitations, and restrictions of each series. The issuance of any such series may have an adverse effect on the rights of holders of common stock and may impede the completion of a merger, tender offer, or other takeover attempt. COMMON STOCK. Our Certificate of Incorporation authorizes 480,000,000 shares of common stock, par value $0.10 per share. Subject to the rights of preferred stock, which may from time to time be outstanding, holders of common stock are entitled to receive dividends out of funds legally available, when and if declared by the Board of Directors, and to receive their share of the net assets of the company legally available for distribution upon liquidation or dissolution. For each share of common stock held, stockholders are entitled to one vote on each matter to be voted on by the stockholders, including the election of directors. Holders of common stock are not entitled to cumulative voting. The stockholders do not have preemptive rights. All outstanding shares of common stock are fully paid and nonassessable. STOCK AWARD PLANS. Stock-based compensation cost is measured at the grant date based on the value of the award and is recognized as expense as it vests. A summary of our total compensation expense recognized within personnel expenses in our consolidated statements of operations and comprehensive income for stock-based compensation is as follows (in thousands): 2020 2019 2018 Stock options $ 20,162 $ 16,073 $ 23,374 Stock awards 20,985 20,170 61,826 Company expense on ESPP discount 2,848 2,840 2,591 Total stock-based compensation expense $ 43,995 $ 39,083 $ 87,791 On May 9, 2019, our shareholders approved an amendment and restatement of our 2013 Equity Incentive Plan (the "Plan") to increase the number of shares authorized for award by 4,000,000 shares. The Plan allows us to grant certain stock awards, including stock options at fair market value and performance shares and restricted stock units, to our key employees and outside directors. At the time our shareholders approved adding additional shares to the plan, a maximum of 17,041,803 shares are available to be granted under this plan. Approximately 2,985,595 shares were available for stock awards under this plan as of December 31, 2020. Shares subject to awards that expire or are canceled without delivery of shares or that are settled in cash, generally become available again for issuance under the plan. We have awarded stock options to certain key employees that vest primarily based on their continued employment. The value of these awards is established by the market price on the date of the grant, discounted for post-vesting holding restrictions, calculated using the Black-Scholes option pricing model and is being expensed over the vesting period of the award. Although participants can exercise options via a stock swap exercise, we do not issue reloads (restoration options) on the grants. The following schedule summarizes stock option activity in the plans. All outstanding unvested options as of December 31, 2020, relate to time-based grants from 2015 through 2019. Options Weighted Aggregate Average Outstanding at December 31, 2019 7,050,192 $ 75.40 $ 44,067 6.4 Grants 1,661,196 72.74 Exercised (1,420,655) 67.29 Forfeitures (29,893) 77.59 Outstanding at December 31, 2020 7,260,840 $ 76.37 $ 127,065 6.6 Vested at December 31, 2020 4,469,665 $ 74.29 5.6 Exercisable at December 31, 2020 4,469,665 $ 74.29 5.6 As of December 31, 2020, unrecognized compensation expense related to stock options was $42.9 million. The amount of future expense to be recognized will be based on the passage of time and the employees' continued employment. Additional potential dilutive stock options totaling 2,455,138 for 2020 have been excluded from our diluted net income per share calculations because these securities’ exercise prices were anti-dilutive (e.g., greater than the average market price of our common stock). Information on the intrinsic value of options exercised is as follows (in thousands): 2020 $ 38,551 2019 15,862 2018 16,209 The following table summarizes these unvested stock option grants as of December 31, 2020: First Vesting Date Last Vesting Date Options Weighted Unvested Options December 31, 2017 December 31, 2021 1,236,538 $ 12.59 236,978 December 31, 2018 December 31, 2022 1,442,952 14.24 557,792 December 31, 2019 December 31, 2023 1,155,361 20.11 682,789 December 31, 2020 December 31, 2024 1,644,977 13.86 1,313,616 5,479,828 $ 14.99 2,791,175 Determining Fair Value We estimated the fair value of stock options granted using the Black-Scholes option pricing model. We estimate the fair value of restricted shares and units using the Black-Scholes option pricing model-protective put method. A description of significant assumptions used to determine the risk-free interest rate, dividend yield, expected volatility, and expected term are as follows: Risk-Free Interest Rate -The risk-free interest rate was based on the implied yield available on U.S. Treasury zero-coupon issues at the date of grant with a term equal to the expected term. Dividend Yield- The dividend yield assumption is based on our history of dividend payouts. Expected Volatility -Expected volatility was determined based on the implied volatility of traded options of our stock and the historical volatility of our stock price. Expected Term - Expected term represents the period that our stock-based awards are expected to be outstanding and was determined based on historical experience and anticipated future exercise patterns, giving consideration to the contractual terms of unexercised stock-based awards. The fair value per option was estimated using the Black-Scholes option pricing model with the following assumptions: 2020 Grants 2019 Grants 2018 Grants Weighted-average risk-free interest rate 1.6% 2.1% 3.1% Expected dividend yield 2.5% 2.0% 2.0% Weighted-average volatility 23% 25% 25% Expected term (in years) 8.91 6.08 6.08 Weighted average fair value per option $ 13.88 $ 17.52 $ 20.52 STOCK AWARDS. We have awarded performance-based and time-based restricted shares and restricted stock units to certain key employees and non-employee directors. Performance-based awards are subject to certain vesting requirements over a five-year period, based on the company’s earnings growth. Time-based awards vest primarily based on the passage of time and the employee's continued employment. The awards also contain restrictions on the awardees’ ability to sell or transfer vested awards for a specified period of time. The fair value of these awards is established based on the market price on the date of grant, discounted for post-vesting holding restrictions. The discounts on outstanding grants vary from 12 percent to 22 percent and are calculated using the Black-Scholes option pricing model-protective put method. Changes in measured stock price volatility and interest rates are the primary reasons for changes in the discount. These grants are being expensed based on the terms of the awards. The following table summarizes our unvested performance-based restricted shares and restricted stock unit grants as of December 31, 2020: Number of Restricted Shares and Restricted Stock Units Weighted Average Unvested at December 31, 2019 841,793 $ 68.68 Granted 405,915 59.34 Vested — — Forfeitures (145,497) 52.70 Unvested at December 31, 2020 1,102,211 $ 67.29 The following table summarizes performance based restricted shares and restricted stock units by vesting period: First Vesting Date Last Vesting Date Performance Shares and Stock Units Weighted Average Grant Date Fair Value (1) Unvested Performance Shares and Restricted Stock Units December 31, 2017 December 31, 2021 336,217 $ 64.91 159,246 December 31, 2018 December 31, 2022 308,748 74.26 174,300 December 31, 2019 December 31, 2023 364,241 73.81 364,241 December 31, 2020 December 31, 2024 404,424 59.34 404,424 1,413,630 $ 67.65 1,102,211 ________________________________ (1) Amount shown is the weighted average grant date fair value of performance-based restricted shares and restricted stock units granted, net of forfeitures. We granted an additional 280,255 performance-based restricted stock units on February 3, 2021. These awards had a weighted average grant date fair value of $74.76 and will vest over a three-year period with a first vesting date of December 31, 2021. The following table summarizes our unvested time-based restricted share and restricted stock unit grants as of December 31, 2020: Number of Restricted Weighted Average Unvested at December 31, 2019 614,441 $ 68.76 Granted 337,828 59.26 Vested (304,334) 63.69 Forfeitures (49,896) 65.67 Unvested at December 31, 2020 598,039 $ 60.24 We granted an additional 619,689 time-based restricted stock units on February 3, 2021. These awards had a weighted average grant date fair value of $71.28 and will vest over a three-year period with a first vesting date of December 31, 2021. A summary of the fair value of stock awards vested (in thousands): 2020 $ 20,985 2019 20,170 2018 61,826 As of December 31, 2020, there was unrecognized compensation expense of $113.1 million related to previously granted stock awards. The amount of future expense to be recognized will be based on the company’s earnings growth and the continued employment of certain key employees. EMPLOYEE STOCK PURCHASE PLAN. Our 1997 Employee Stock Purchase Plan allows our employees to contribute up to $10,000 of their annual cash compensation to purchase company stock. Purchase price is determined using the closing price on the last day of the quarter discounted by 15 percent. Shares are vested immediately. The following is a summary of the employee stock purchase plan activity (dollar amounts in thousands): Shares Purchased Aggregate Cost Expense Recognized 2020 236,062 $ 16,146 $ 2,848 2019 224,596 16,093 2,840 2018 191,823 14,682 2,591 SHARE REPURCHASE PROGRAMS. During 2013, our Board of Directors authorized a share repurchase program that allows the Company to repurchase 15,000,000 shares. That program was completed in September 2018. In May 2018, the Board of Directors authorized a share repurchase program that allows the Company to repurchase 15,000,000 shares of our common stock. The activity under these authorizations is as follows (dollar amounts in thousands): Shares Repurchased Total Value of Shares 2018 Repurchases 3,319,077 $ 303,492 2019 Repurchases 3,434,102 306,444 2020 Repurchases 2,542,915 182,745 As of December 31, 2020, there were 7,789,752 shares remaining for repurchase under the current authorization.

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	12 Months Ended
	Dec. 31, 2020
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	COMMITMENTS AND CONTINGENCIES EMPLOYEE BENEFIT PLANS. We offer a defined contribution plan, which qualifies under section 401(k) of the Internal Revenue Code and covers all eligible U.S. employees. We can also elect to make matching contributions to the plan. Annual discretionary contributions may also be made to the plan. Defined contribution plan expense, including matching contributions, was approximately (in thousands): 2020 $ 18,827 2019 42,491 2018 43,172 We contributed a defined contribution match of six percent in 2019 and four percent in 2018. Effective May 22, 2020, we temporarily suspended the employer-matching contribution due to the impacts of the COVID-19 pandemic. The employer-matching contribution was reinstated effective January 1, 2021. We made a discretionary profit-sharing contribution of two percent of total recognized compensation for eligible participants in 2018. No discretionary profit-sharing contributions were made subsequent to the 2018 contribution. LEASE COMMITMENTS. We maintain operating leases for office space, warehouses, office equipment, and a small number of intermodal containers. See Note 11, Leases , for further information.

ACQUISITIONS

ACQUISITIONS	12 Months Ended
	Dec. 31, 2020
Business Combinations [Abstract]
ACQUISITIONS	ACQUISITIONS Prime Distribution Services On March 2, 2020, we acquired all of the outstanding shares of Prime Distribution Services (“Prime Distribution”), a leading provider of retail consolidation services in North America, for $222.7 million in cash. This acquisition adds scale and value-added warehouse capabilities to our retail consolidation platform, adding to our global suite of services. The following is a summary of the allocation of purchase consideration to the estimated fair value of net assets for the acquisition of Prime Distribution (dollars in thousands): Current assets $ 8,879 Property and equipment 7,356 Right-of-use lease assets 35,017 Other intangible assets 55,000 Goodwill 176,484 Total assets 282,736 Current liabilities 12,243 Lease liabilities 35,017 Deferred tax liabilities 12,758 Net assets acquired $ 222,718 Identifiable intangible assets and estimated useful lives are as follows (dollars in thousands): Estimated Life (years) Customer relationships 7 $ 55,000 There was $176.5 million of goodwill recorded related to the acquisition of Prime Distribution. The Prime Distribution goodwill is a result of acquiring and retaining the Prime Distribution workforce and expected synergies from integrating its business into ours. Purchase accounting is considered substantially complete. The goodwill will not be deductible for tax purposes. The acquisition was effective as of February 29, 2020, and therefore the results of operations of Prime Distribution have been included as part of the North American Surface Transportation (“NAST”) segment in our consolidated financial statements since March 1, 2020. Dema Service S.p.A On May 22, 2019, we acquired all of the outstanding shares of Dema Service S.p.A. (“Dema Service”) to strengthen our existing footprint in Italy. Total purchase consideration, net of cash acquired was $14.2 million, which was paid in cash. Identifiable intangible assets and estimated useful lives are as follows (dollars in thousands): Estimated Life (years) Customer relationships 7 $ 4,252 There was $7.8 million of goodwill recorded related to the acquisition of Dema Service. The Dema Service goodwill is a result of acquiring and retaining the Dema Service workforce and expected synergies from integrating its business into ours. Purchase accounting is considered final. No goodwill was recognized for Italian tax purposes from the acquisition. Th e results of operations of Dema Service have been included as part of the All Other and Corporate segment in our consolidated financial statements since May 23, 2019. The Space Cargo Group On February 28, 2019, we acquired all of the outstanding shares of The Space Cargo Group (“Space Cargo”) for the purpose of expanding our presence and capabilities in Spain and Colombia. Total purchase consideration, net of cash acquired, was $45.5 million, which was paid in cash. Identifiable intangible assets and estimated useful lives are as follows (dollars in thousands): Estimated Life (years) Customer relationships 7 $ 16,439

SEGMENT REPORTING

SEGMENT REPORTING	12 Months Ended
	Dec. 31, 2020
Segment Reporting [Abstract]
SEGMENT REPORTING	SEGMENT REPORTING Our reportable segments are based on our method of internal reporting, which generally segregates the segments by service line and the primary services they provide to our customers. The internal reporting of segments is defined, based in part, on the reporting and review process used by our chief operating decision maker ("CODM"), our Chief Executive Officer. The accounting policies of our reporting segments are the same as those described in the summary of significant accounting policies. We do not report our intersegment revenues by reportable segment to our CODM and do not believe they are a meaningful metric for evaluating the performance of our reportable segments. We identify two reportable segments as follows: • North American Surface Transportation: NAST provides freight transportation services across North America through a network of offices in the United States, Canada, and Mexico. The primary services provided by NAST are truckload and less than truckload ("LTL") transportation services. • Global Forwarding: Global Forwarding provides global logistics services through an international network of offices in North America, Asia, Europe, Oceania, and South America and also contracts with independent agents worldwide. The primary services provided by Global Forwarding include ocean freight services, air freight services, and customs brokerage. • All Other and Corporate: All Other and Corporate includes our Robinson Fresh and Managed Services segments, as well as Other Surface Transportation outside of North America and other miscellaneous revenues and unallocated corporate expenses. Robinson Fresh provides sourcing services including the buying, selling, and marketing of fresh fruits, vegetables, and other perishable items. Managed Services provides Transportation Management Services, or Managed TMS ® . Other Surface Transportation revenues are primarily earned by our Europe Surface Transportation segment. Europe Surface Transportation provides transportation and logistics services including truckload and groupage services across Europe. Reportable segment information as of, and for the years ended, December 31, 2020, 2019, and 2018 is as follows (dollars in thousands): NAST Global Forwarding All Other and Corporate Consolidated Twelve Months Ended December 31, 2020 Total revenues $ 11,312,553 $ 3,100,525 $ 1,794,028 $ 16,207,106 Income (loss) from operations 508,475 175,513 (10,720) 673,268 Depreciation and amortization 25,314 34,550 41,863 101,727 Total assets (1) 2,946,409 1,392,411 805,438 5,144,258 Average headcount 6,811 4,708 3,600 15,119 ________________________________ (1) All cash and cash equivalents and certain owned properties are included in All Other and Corporate. NAST Global Forwarding All Other and Corporate Consolidated Twelve Months Ended December 31, 2019 Total revenues $ 11,283,692 $ 2,327,913 $ 1,697,903 $ 15,309,508 Income (loss) from operations 722,763 80,527 (13,314) 789,976 Depreciation and amortization 24,508 36,720 39,221 100,449 Total assets (1) 2,550,010 1,021,592 1,069,458 4,641,060 Average headcount 7,354 4,766 3,431 15,551 NAST Global Forwarding All Other and Corporate Consolidated Twelve Months Ended December 31, 2018 Total revenues $ 12,346,757 $ 2,487,744 $ 1,796,671 $ 16,631,172 Income (loss) from operations 821,844 91,626 (1,387) 912,083 Depreciation and amortization 25,290 35,148 36,291 96,729 Total assets (1) 2,567,120 969,736 890,556 4,427,412 Average headcount 7,387 4,711 3,106 15,204 ________________________________ (1) All cash and cash equivalents and certain owned properties are included in All Other and Corporate. The following table presents our total revenues (based on location of the customer) and long-lived assets (including intangible and other assets) by geographic regions (in thousands): For the year ended December 31, 2020 2019 2018 Total revenues United States $ 13,896,382 $ 13,143,522 $ 14,370,454 Other locations 2,310,724 2,165,986 2,260,718 Total revenues $ 16,207,106 $ 15,309,508 $ 16,631,172 As of December 31, 2020 (1) 2019 (2) 2018 Long-lived assets United States $ 551,511 $ 489,129 $ 321,766 Other locations 163,860 206,567 83,657 Total long-lived assets $ 715,371 $ 695,696 $ 405,423 ________________________________ (1) Includes $253.4 million and $66.4 million of right-of-use lease assets within the United States and other locations, respectively. (2) Includes $216.4 million and $94.4 million of right-of-use lease assets within the United States and other locations, respectively.

REVENUE FROM CONTRACTS WITH CUS

REVENUE FROM CONTRACTS WITH CUSTOMERS	12 Months Ended
	Dec. 31, 2020
Revenue from Contract with Customer [Abstract]
REVENUE FROM CONTRACTS WITH CUSTOMERS	REVENUE FROM CONTRACTS WITH CUSTOMERS A summary of our total revenues disaggregated by major service line and timing of revenue recognition is presented below for each of our reportable segments for the twelve months ended December 31, 2020, 2019, and 2018, as follows (dollars in thousands): Twelve Months Ended December 31, 2020 NAST Global Forwarding All Other and Corporate Total Major service lines: Transportation and logistics services (1) $ 11,312,553 $ 3,100,525 $ 734,484 $ 15,147,562 Sourcing (2) — — 1,059,544 1,059,544 Total $ 11,312,553 $ 3,100,525 $ 1,794,028 $ 16,207,106 Twelve Months Ended December 31, 2019 NAST Global Forwarding All Other and Corporate Total Major service lines: Transportation and logistics services (1) $ 11,283,692 $ 2,327,913 $ 710,690 $ 14,322,295 Sourcing (2) — — 987,213 987,213 Total $ 11,283,692 $ 2,327,913 $ 1,697,903 $ 15,309,508 Twelve Months Ended December 31, 2018 NAST Global Forwarding All Other and Corporate Total Major service lines: Transportation and logistics services (1) $ 12,346,757 $ 2,487,744 $ 681,420 $ 15,515,921 Sourcing (2) — — 1,115,251 1,115,251 Total $ 12,346,757 $ 2,487,744 $ 1,796,671 $ 16,631,172 ________________________________ (1) Transportation and logistics services performance obligations are completed over time. (2) Sourcing performance obligations are completed at a point in time. We typically do not receive consideration and amounts are not due from our customer prior to the completion of our performance obligations and as such contract liabilities as of December 31, 2020 and 2019, and revenue recognized in the twelve months ended December 31, 2020, 2019, and 2018, resulting from contract liabilities were not significant. Contract assets and accrued expenses – transportation expense fluctuate from period to period primarily based upon shipments in-transit at period end and the timing of customer invoicing. Approximately 91 percent, 92 percent, and 91 percent of our total revenues for the twelve months ended December 31, 2020, 2019, and 2018, respectively, are attributable to arranging for the transportation of our customers’ freight for which we transfer control and satisfy our performance obligation over the requisite transit period. A days in transit output method is used to measure the progress of our performance as of the reporting date. We determine the transit period based upon the departure date and the delivery date, which may be estimated if delivery has not occurred as of the reporting date. Determining the transit period and how much of it has been completed as of the reporting date may require management to make judgments that affect the timing of revenue recognized. We have determined that revenue recognition over the transit period provides a faithful depiction of the transfer of goods and services to our customer as our obligation is performed over the transit period. The transaction price for our performance obligation under these arrangements is generally fixed and readily determinable upon contract inception and is not contingent upon the occurrence or non-occurrence of another event. Approximately seven percent, six percent, and seven percent of our total revenues for the twelve months ended December 31, 2020, 2019, and 2018, respectively, are attributable to buying, selling, and/or marketing of produce including fresh fruits, vegetables, and other value-added perishable items. Total revenues for these transactions are recognized at a point in time upon completion of our performance obligation, which is generally when the produce is received by our customer. The transaction price for our performance obligation under these arrangements is generally fixed and readily determinable upon contract inception and is not contingent upon the occurrence or non-occurrence of another event. Approximately two percent of our total revenues for the twelve months ended December 31, 2020, 2019, and 2018, respectively, are attributable to value-added logistics services, such as customs brokerage, fee-based managed services, warehousing services, small parcel, and supply chain consulting and optimization services. Total revenues for these services are recognized over time as we complete our performance obligation. Transaction price is determined and allocated to these performance obligations at their fixed fee or agreed upon rate multiplied by their associated measure of progress, which may be transactional volumes, labor hours, or time elapsed. We expense incremental costs of obtaining customer contracts (i.e., sales commissions) due to the short duration of our arrangements as the amortization period of such amounts is expected to be less than one year. These amounts are included within personnel expenses in our consolidated statements of operations and comprehensive income. In addition, we do not disclose the aggregate amount of transaction price allocated to performance obligations that are unsatisfied as of the end of the period, as our contracts have an expected length of one year or less. Finally, for certain of our performance obligations such as fee-based managed services, supply chain consulting and optimization services, and warehousing services, we have recognized revenue in the amount for which we have the right to invoice our customer as we have determined this amount corresponds directly with the value provided to the customer for our performance completed to date.

LEASES

LEASES	12 Months Ended
	Dec. 31, 2020
Leases [Abstract]
LEASES	LEASES We adopted ASU 2016-02, Leases (Topic 842), as of January 1, 2019. Prior period information was not restated and continues to be presented under ASC 840, Leases . We elected the package of practical expedients permitted under the transition guidance within the new standard, which among other things, allowed us to not reassess existing contracts to determine if they contain a lease and to carry forward their historical lease classification upon transition. In addition, we have made a policy election to not apply the guidance of ASC 842 to leases with a term of 12 months or less as allowed by the standard. These leases are recognized as expense on a straight-line basis over the lease term. Adoption of the new standard resulted in the recording of right-of-use lease assets and lease liabilities of $265.4 million and $273.3 million, respectively, as of January 1, 2019. The adoption of this standard did not materially impact our consolidated statements of operations or consolidated statements of cash flows. We determine if our contractual agreements contain a lease at inception. A lease is identified when a contract allows us the right to control an identified asset for a period of time in exchange for consideration. Our lease agreements consist primarily of operating leases for office space, warehouses, office equipment, and a small number of intermodal containers. We do not have material financing leases. Frequently, we enter into contractual relationships with a wide variety of transportation companies for freight capacity, and utilize those relationships to efficiently and cost-effectively arrange the transport of our customers’ freight. These contracts typically have a term of 12 months or less and do not allow us to direct the use or obtain substantially all of the economic benefits of a specifically identified asset. Accordingly, these agreements are not considered leases. Our operating leases are included on the consolidated balance sheets as right-of-use lease assets and lease liabilities. A right-of-use lease asset represents our right to use an underlying asset over the term of a lease, while a lease liability represents our obligation to make lease payments arising from the lease. Current and noncurrent lease liabilities are recognized on commencement date at the present value of lease payments, including non-lease components, which consist primarily of common area maintenance charges. Right-of-use lease assets are also recognized on the commencement date as the total lease liability plus prepaid rents and less any deferred rent liability that existed under ASC 840, Leases, upon transition. As our leases typically do not provide an implicit rate, we use our fully collateralized incremental borrowing rate based on the information available at commencement date in determining the present value of lease payments. The incremental borrowing rate is influenced by market interest rates, our credit rating, and lease term and as such, may differ for individual leases. Our lease agreements typically do not contain variable lease payments, residual value guarantees, purchase options, or restrictive covenants. Many of our leases include the option to renew for a period of months to several years. The term of our leases may include the option to renew when it is reasonably certain that we will exercise that option although these occurrences are seldom. We have lease agreements with lease components (e.g., payments for rent) and non-lease components (e.g., payments for common area maintenance and parking), which are all accounted for as a single lease component. Information regarding lease expense, remaining lease term, discount rate, and other select lease information is presented below as of December 31, 2020 and 2019, and for the twelve months ended December 31, 2020 and 2019 (dollars in thousands): Twelve Months Ended December 31, Lease Costs 2020 2019 Operating lease expense $ 86,451 $ 68,489 Short-term lease expense 15,130 11,440 Total lease expense $ 101,581 $ 79,929 Twelve Months Ended December 31, Other Lease Information 2020 2019 Operating cash outflows from operating leases $ 74,177 $ 66,489 Right-of-use lease assets obtained in exchange for new lease liabilities (1) 95,005 101,966 As of December 31, Lease Term and Discount Rate 2020 2019 Weighted average remaining lease term (in years) (1) 6.8 7.8 Weighted average discount rate 3.2 % 3.4 % ________________________________ (1) The weighted average remaining lease term is significantly impacted by a 15-year lease related to office space in Chicago, IL, that commenced in 2018. Excluding this lease, the weighted average remaining lease term of our agreements is 4.7 years. The maturity of lease liabilities as of December 31, 2020, were as follows (in thousands): Maturity of Lease Liabilities Operating Leases 2021 $ 75,624 2022 69,980 2023 57,597 2024 39,547 2025 29,935 Thereafter 104,455 Total lease payments 377,138 Less: Interest (42,392) Present value of lease liabilities $ 334,746

CREDIT LOSSES

CREDIT LOSSES	12 Months Ended
	Dec. 31, 2020
Credit Loss [Abstract]
ALLOWANCE FOR CREDIT LOSSES	ALLOWANCE FOR CREDIT LOSSES We adopted ASU 2016-13, Financial Instruments (Topic 326), as of January 1, 2020. Prior period information was not restated and continues to be presented under guidance effective for those periods. This ASU changes how entities measure credit losses for certain financial assets including accounts receivable by replacing the historical “incurred loss” approach with an “expected loss” model. We have updated our significant accounting policy for allowance for credit losses as described in Note 1, Summary of Significant Accounting Policies. Our allowance for credit losses is computed using a number of factors including our past credit loss experience, the aging of amounts due from our customers, and our customers' credit ratings, in addition to other customer specific factors. We have also assessed the current macroeconomic environment, including the impact of the COVID-19 pandemic, to determine our ending allowance for credit losses for both accounts receivable and contract assets. The allowance for credit losses on contract assets was not significant. A rollforward of our allowance for credit losses on our accounts receivable balance is presented below for the twelve months ended December 31, 2020: Balance, December 31, 2019 $ 32,838 Provision 16,130 Write-offs (10,855) Balance, December 31, 2020 $ 38,113 Recoveries of amounts previously written off were not significant for the twelve months ended December 31, 2020.

CHANGES IN ACCUMULATED OTHER CO

CHANGES IN ACCUMULATED OTHER COMPREHENSIVE LOSS	12 Months Ended
	Dec. 31, 2020
Stockholders' Equity Note [Abstract]
CHANGES IN ACCUMULATED OTHER COMPREHENSIVE LOSS	CHANGES IN ACCUMULATED OTHER COMPREHENSIVE LOSSAccumulated other comprehensive loss is included in the Stockholders’ investment on our consolidated balance sheets. The recorded balance at December 31, 2020 and 2019, was $46.0 million and $76.1 million, respectively, and is comprised solely of foreign currency adjustments, net of related income tax effects. Other comprehensive income was $30.2 million for the twelve months ended December 31, 2020, driven primarily by fluctuations in the Australian Dollar and Singapore Dollar, net of related income tax effects of $2.5 million. Other comprehensive loss was $4.2 million for the twelve months ended December 31, 2019, driven primarily by fluctuations in the Chinese Yuan.

RECENTLY ISSUED ACCOUNTING PRON

RECENTLY ISSUED ACCOUNTING PRONOUNCEMENTS	12 Months Ended
	Dec. 31, 2020
Accounting Standards Update and Change in Accounting Principle [Abstract]
RECENTLY ISSUED ACCOUNTING PRONOUNCEMENTS	RECENTLY ISSUED ACCOUNTING PRONOUNCEMENTS RECENTLY ADOPTED ACCOUNTING STANDARDS In June 2016, the FASB issued ASU 2016-13, Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments , and in November 2018 issued a subsequent amendment, ASU 2018-19, Codification Improvements to Topic 326, Financial Instruments - Credit Losses . This update changes how entities measure credit losses for most financial assets and certain other instruments that are not measured at fair value through net income. The update replaces the historical “incurred loss” approach with an “expected loss” model for instruments measured at amortized cost. The update affects loans, debt securities, trade receivables, net investments in leases, off balance sheet credit exposures, reinsurance receivables, and any other financial assets not excluded from the scope of this amendment that have the contractual right to receive cash. We adopted this standard on January 1, 2020. We have updated our allowance for credit losses, formerly described as our allowance for doubtful accounts, significant accounting policy as a result of adopting the new standard. For additional information, see Note 1, Summary of Significant Accounting Policies . The impact of adoption was not material to our consolidated financial position, results of operations, or cash flows. RECENTLY ISSUED ACCOUNTING STANDARDS In March 2020, the FASB issued ASU 2020-04, Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting , which provides optional practical expedients to simplify accounting for reference rate reform. Amongst other practical expedients, the update allows for contract modifications due to reference rate reform for certain receivables and debt contracts to be accounted for by prospectively adjusting the effective interest rate. The amendments in this ASU are effective for all entities beginning on March 12, 2020, and companies may elect to apply the amendments prospectively through December 31, 2022. The Company is currently evaluating the effects that adoption of this guidance will have on our consolidated financial statements.

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
	Dec. 31, 2020
Accounting Policies [Abstract]
BASIS OF PRESENTATION	BASIS OF PRESENTATION. C.H. Robinson Worldwide, Inc., and our subsidiaries (“the company,” “we,” “us,” or “our”) are a global provider of transportation services and logistics solutions through a network of offices operating in North America, Europe, Asia, Oceania, and South America. The consolidated financial statements include the accounts of C.H. Robinson Worldwide, Inc., and our majority owned and controlled subsidiaries. Our minority interests in subsidiaries are not significant. All intercompany transactions and balances have been eliminated in the consolidated financial statements.
USE OF ESTIMATES	USE OF ESTIMATES. The preparation of financial statements, in conformity with accounting principles generally accepted in the United States, requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities as of the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Estimates have been prepared on the basis of the most current and best information available, and our actual results could differ materially from those estimates.
REVENUE RECOGNITION	REVENUE RECOGNITION. At contract inception, we assess the goods and services promised in our contracts with customers and identify our performance obligations to provide distinct goods and services to our customers. We have determined that the following distinct goods and services represent our primary performance obligations. Transportation and Logistics Services - As a global logistics provider, our primary performance obligation under our customer contracts is to utilize our relationships with a wide variety of transportation companies to efficiently and cost-effectively transport our customers’ freight. Revenue is recognized for these performance obligations as they are satisfied over the contract term, which generally represents the transit period. The transit period can vary based upon the method of transport, generally a number of days for over the road, rail, and air transportation, or several weeks in the case of an ocean shipment. Determining the transit period and how much of it has been completed as of the reporting date may require management to make judgments that affect the timing of revenue recognized. When the customers’ freight reaches its intended destination our performance obligation is complete. Pricing for our services is generally a fixed amount and is typically due within 30 days upon completion of our performance obligation. We also provide certain value-added logistics services, such as customs brokerage, fee-based managed services, warehousing services, small parcel, and supply chain consulting and optimization services. These services may include one or more performance obligations, which are generally satisfied over the service period as we perform our obligations. The service period may be a very short duration, in the case of customs brokerage and small parcel, or it may be longer in the case of warehousing, managed services, and supply chain consulting and optimization services. Pricing for our services is established in the customer contract and is dependent upon the specific needs of the customer but may be agreed upon at a fixed fee per transaction, labor hour, or service period. Payment is typically due within 30 days upon completion of our performance obligation. Sourcing Services - We contract with grocery retailers, restaurants, foodservice distributors, and produce wholesalers to provide sourcing services under the trade name Robinson Fresh. Our primary service obligation under these contracts is the buying, selling, and/or marketing of produce including fresh fruits, vegetables, and other value-added perishable items. Revenue is recognized when our performance obligations under these contracts is satisfied at a point in time, generally when the produce is received by our customer. Pricing under these contracts is generally a fixed amount and is typically due within 20 to 30 days upon completion of our performance obligation. In many cases, as additional performance obligations, we contract to arrange logistics and transportation of the products we buy, sell, and/or market. These performance obligations are satisfied over the contract term consistent with our other transportation and logistics services. The contract period is typically less than one year. Pricing for our services is generally a fixed amount and is typically due within 30 days upon completion of our performance obligation. Total revenues represent the total dollar value of revenue recognized from contracts with customers for the goods and services we provide. Substantially all of our revenue is attributable to contracts with our customers. Our adjusted gross profits are our total revenues less purchased transportation and related services, including contracted motor carrier, rail, ocean, air, and other costs, and the purchase price and services related to the products we source. Most transactions in our transportation and sourcing businesses are recorded at the gross amount we charge our customers for the service we provide and goods we sell. In these transactions, we are primarily responsible for fulfilling the promise to provide the specified good or service to our customer and we have discretion in establishing the price for the specified good or service. Additionally, in our sourcing business, in some cases we take inventory risk before the specified good has been transferred to our customer. Customs
CONTRACT ASSETS	CONTRACT ASSETS. Contract assets represent amounts for which we have the right to consideration for the services we have provided while a shipment is still in-transit but for which we have not yet completed our performance obligation or have not yet invoiced our customer. Upon completion of our performance obligations, which can vary in duration based upon the method of transport, and billing our customer these amounts become classified within accounts receivable and are then typically due within 30 days.
ACCRUED TRANSPORTATION EXPENSE	ACCRUED TRANSPORTATION EXPENSE. Accrued transportation expense represents amounts we owe to vendors, primarily transportation providers, for the services they have provided while a shipment is still in-transit as of the reporting date.
ALLOWANCE FOR DOUBTFUL ACCOUNTS	ALLOWANCE FOR CREDIT LOSSES. Accounts receivable and contract assets are reduced by an allowance for expected credit losses. We determine our allowance for expected credit losses by evaluating two approaches that consider our past credit loss experience, our customers' credit ratings, and other customer-specific and macroeconomic factors. The first approach is pooling our customers by credit rating and applying an expected loss ratio based upon credit rating and number of days the receivable has been outstanding, (i.e., aging approach). The second approach is to compute an expected loss ratio for each credit rating pool based upon our historical write-off experience and apply it to our accounts receivable, (i.e., loss ratio approach). These two approaches are evaluated in consideration of other known information and customer specific and macroeconomic factors, including the price of diesel fuel, for purposes of determining the expected credit loss allowance.
FOREIGN CURRENCY	FOREIGN CURRENCY. Most balance sheet accounts of foreign subsidiaries are remeasured and translated at the current exchange rate as of the end of the year. Translation adjustments are recorded in other comprehensive (loss) income. Statement of operations items are translated at the average exchange rate during the year.
CASH AND CASH EQUIVALENTS	CASH AND CASH EQUIVALENTS. Cash and cash equivalents consist primarily of bank deposits and highly liquid investments with an original maturity of three months or less from the time of purchase.
PREPAID EXPENSES AND OTHER	PREPAID EXPENSES AND OTHER. Prepaid expenses and other include such items as software maintenance contracts, insurance premiums, other prepaid operating expenses, and inventories, consisting primarily of produce and related products held for resale.
RIGHT-OF-USE LEASE ASSETS AND LEASE LIABILITIES	RIGHT-OF-USE LEASE ASSETS. Right-of-use lease assets are recognized upon lease commencement and represent our right to use an underlying asset for the lease term. LEASE LIABILITIES. Lease liabilities are recognized at commencement date and represent our obligation to make the lease payments arising from a lease, measured on a discounted basis.
PROPERTY AND EQUIPMENT	PROPERTY AND EQUIPMENT. Property and equipment are recorded at cost. Maintenance and repair expenditures are charged to expense as incurred. Depreciation is computed using the straight-line method over the estimated lives of the assets. Amortization of leasehold improvements is computed over the shorter of the lease term or the estimated useful lives of the improvements.
GOODWILL	GOODWILL. Goodwill represents the excess of the cost of acquired businesses over the net of the fair value of identifiable tangible assets and identifiable intangible assets purchased and liabilities assumed. Goodwill is tested for impairment at the reporting unit level (operating segment or one level below an operating segment) on an annual basis (November 30 for us) and between annual tests if an event occurs or circumstances change that would more likely than not reduce the fair value of a reporting unit below its carrying value.
OTHER INTANGIBLE ASSETS	OTHER INTANGIBLE ASSETS. Other intangible assets include definite-lived customer lists, trademarks, non-competition agreements, and indefinite-lived trademarks. The definite-lived intangible assets are being amortized using the straight-line method over their estimated lives. Definite-lived intangible assets are evaluated for impairment whenever events or changes in circumstances indicate that the carrying amount may not be recoverable. The indefinite-lived trademarks are not amortized. Indefinite-lived intangible assets are evaluated for impairment whenever events or changes in circumstances indicate that the carrying amount may not be recoverable, or annually, at a minimum.
OTHER ASSETS	OTHER ASSETS. Other assets consist primarily of purchased and internally developed software, and the investments related to our nonqualified deferred compensation plan. We amortize software using the straight-line method over three years.
INCOME TAXES	INCOME TAXES. Income taxes are accounted for using the asset and liability method. Under this method, deferred tax assets and liabilities are recognized for the future tax consequences of temporary differences between the carrying amounts and tax bases of assets and liabilities using enacted rates. Annual tax provisions include amounts considered sufficient to pay assessments that may result from examination of prior year tax returns; however, the amount ultimately paid upon resolution of issues raised may differ from the amounts accrued. The financial statement benefits of an uncertain income tax position are recognized when more likely than not, based on the technical merits, the position will be sustained upon examination. Unrecognized tax benefits are, more likely than not, owed to a taxing authority, and the amount of the contingency can be reasonably estimated. Uncertain income tax positions are included in “Accrued income taxes” or “Noncurrent income taxes payable” in the consolidated balance sheets.
COMPREHENSIVE INCOME (LOSS)	COMPREHENSIVE INCOME (LOSS). Comprehensive income (loss) consists primarily of foreign currency translation adjustments. It is presented on our consolidated statements of operations and comprehensive income net of related income tax effects.
STOCK-BASED COMPENSATION	STOCK-BASED COMPENSATION. We issue stock awards, including stock options, performance shares, and restricted stock units, to key employees and outside directors. In general, the awards vest over five years, either based on the company’s earnings growth or the passage of time. The related compensation expense for each award is recognized over the appropriate vesting period. The fair value of each share-based payment award is established on the date of grant. For grants of shares and restricted stock units, the fair value is established based on the market price on the date of the grant, discounted for post-vesting holding restrictions. The discounts on outstanding grants vary from 12 percent to 22 percent and are calculated using the Black-Scholes option pricing model-protective put method. Changes in expected volatility and risk-free interest rates are the primary reason for changes in the discount. For grants of options, we use the Black-Scholes option pricing model to estimate the fair value of share-based payment awards. The determination of the fair value of share-based awards is affected by our stock price and a number of assumptions, including expected volatility, expected term, risk-free interest rate, and dividend yield.
FAIR VALUE MEASUREMENT	FAIR VALUE MEASUREMENT Accounting guidance on fair value measurements for certain financial assets and liabilities requires that assets and liabilities carried at fair value be classified and disclosed in one of the following three categories: • Level 1-Quoted market prices in active markets for identical assets or liabilities. • Level 2-Observable market-based inputs or unobservable inputs that are corroborated by market data. • Level 3-Unobservable inputs reflecting the reporting entity’s own assumptions or external inputs from inactive markets.
RECENTLY ISSUED ACCOUNTING PRNOUNCEMENTS	RECENTLY ISSUED ACCOUNTING PRONOUNCEMENTS RECENTLY ADOPTED ACCOUNTING STANDARDS In June 2016, the FASB issued ASU 2016-13, Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments , and in November 2018 issued a subsequent amendment, ASU 2018-19, Codification Improvements to Topic 326, Financial Instruments - Credit Losses . This update changes how entities measure credit losses for most financial assets and certain other instruments that are not measured at fair value through net income. The update replaces the historical “incurred loss” approach with an “expected loss” model for instruments measured at amortized cost. The update affects loans, debt securities, trade receivables, net investments in leases, off balance sheet credit exposures, reinsurance receivables, and any other financial assets not excluded from the scope of this amendment that have the contractual right to receive cash. We adopted this standard on January 1, 2020. We have updated our allowance for credit losses, formerly described as our allowance for doubtful accounts, significant accounting policy as a result of adopting the new standard. For additional information, see Note 1, Summary of Significant Accounting Policies . The impact of adoption was not material to our consolidated financial position, results of operations, or cash flows. RECENTLY ISSUED ACCOUNTING STANDARDS In March 2020, the FASB issued ASU 2020-04, Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting

SUMMARY OF SIGNIFICANT ACCOUN_3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	12 Months Ended
	Dec. 31, 2020
Accounting Policies [Abstract]
Schedule of Property and Equipment and Depreciation Expense	We recognized the following depreciation expense (in thousands): 2020 $ 42,890 2019 45,016 2018 45,155 A summary of our property and equipment as of December 31, is as follows (in thousands): 2020 2019 Furniture, fixtures, and equipment $ 286,277 $ 283,378 Buildings 93,538 112,410 Corporate aircraft 11,461 11,461 Leasehold improvements 67,037 61,539 Land 19,816 20,146 Construction in progress 853 1,042 Less: accumulated depreciation and amortization (300,033) (281,553) Net property and equipment $ 178,949 $ 208,423
Schedule of Amortization Expense of Software	We recognized the following amortization expense of purchased and internally developed software (in thousands): 2020 $ 22,612 2019 17,023 2018 14,688
Schedule of Purchased and Internally Developed Software	A summary of our purchased and internally developed software as of December 31, is as follows (in thousands): 2020 2019 Purchased software $ 29,029 $ 34,026 Internally developed software 127,476 100,894 Less accumulated amortization (96,891) (83,158) Net software $ 59,614 $ 51,762

GOODWILL AND OTHER INTANGIBLE_2

GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)	12 Months Ended
	Dec. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Goodwill	The change in the carrying amount of goodwill is as follows (in thousands): NAST Global Forwarding All Other and Corporate Total December 31, 2018 balance $ 1,016,784 $ 182,029 $ 60,109 $ 1,258,922 Acquisitions — 25,892 7,771 33,663 Foreign currency translation (1,214) 499 (110) (825) December 31, 2019 balance 1,015,570 208,420 67,770 1,291,760 Acquisitions 176,484 780 — 177,264 Foreign currency translation 11,918 4,782 1,463 18,163 December 31, 2020 balance $ 1,203,972 $ 213,982 $ 69,233 $ 1,487,187
Schedule of Intangible Assets	Identifiable intangible assets consisted of the following at December 31 (in thousands): 2020 2019 Cost Accumulated Amortization Net Cost Accumulated Amortization Net Finite-lived intangibles Customer relationships $ 171,684 $ (67,312) $ 104,372 $ 237,335 $ (156,879) $ 80,456 Trademarks 1,875 (937) 938 — — — Total finite-lived intangibles 173,559 (68,249) 105,310 237,335 (156,879) 80,456 Indefinite-lived intangibles Trademarks 8,600 — 8,600 10,475 — 10,475 Total intangibles $ 182,159 $ (68,249) $ 113,910 $ 247,810 $ (156,879) $ 90,931
Schedule of Amortization Expense	Amortization expense for other intangible assets was (in thousands): 2020 $ 36,225 2019 38,410 2018 36,886
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense	Finite-lived intangible assets, by reportable segment, as of December 31, 2020, will be amortized over their remaining lives as follows (in thousands): NAST Global Forwarding All Other and Corporate Total 2021 $ 8,096 $ 15,761 $ 1,607 $ 25,464 2022 8,096 15,761 669 24,526 2023 8,096 12,944 669 21,709 2024 8,008 3,918 669 12,595 2025 7,857 2,616 669 11,142 Thereafter 9,167 426 281 9,874 Total $ 105,310

FINANCING ARRANGEMENTS (Tables)

FINANCING ARRANGEMENTS (Tables)	12 Months Ended
	Dec. 31, 2020
Debt Disclosure [Abstract]
Schedule of Components of Short-term and Long-term Debt	The components of our short-term and long-term debt and the associated interest rates were as follows (dollars in thousands): Average interest rate as of Carrying value as of December 31, 2020 December 31, 2019 Maturity December 31, 2020 December 31, 2019 Revolving credit facility — % — % October 2023 $ — $ — Senior Notes, Series A 3.97 % 3.97 % August 2023 175,000 175,000 Senior Notes, Series B 4.26 % 4.26 % August 2028 150,000 150,000 Senior Notes, Series C 4.60 % 4.60 % August 2033 175,000 175,000 Receivables securitization facility (1) — % 2.41 % December 2020 — 142,885 Senior Notes (1) 4.20 % 4.20 % April 2028 593,301 592,448 Total debt 1,093,301 1,235,333 Less: Current maturities and short-term borrowing — (142,885) Long-term debt $ 1,093,301 $ 1,092,448 ________________________________ (1) Net of unamortized discounts and issuance costs.

INCOME TAXES (Tables)

INCOME TAXES (Tables)	12 Months Ended
	Dec. 31, 2020
Income Tax Disclosure [Abstract]
Schedule of Income before Provision for Income Taxes	Income before provision for income taxes consisted of (in thousands): 2020 2019 2018 Domestic $ 499,384 $ 649,742 $ 738,927 Foreign 128,947 92,515 141,346 Total $ 628,331 $ 742,257 $ 880,273
Summary of Reconciliation of Unrecognized Tax Benefits	A reconciliation of the beginning and ending amount of unrecognized tax benefits, excluding interest and penalties, is as follows (in thousands): 2020 2019 2018 Unrecognized tax benefits, beginning of period $ 33,938 $ 31,515 $ 31,806 Additions based on tax positions related to the current year 3,172 2,212 — Additions for tax positions of prior years 1,568 2,148 1,662 Reductions for tax positions of prior years (124) — (263) Lapse in statute of limitations (2,276) (1,703) (1,394) Settlements (62) (234) (296) Unrecognized tax benefits, end of the period $ 36,216 $ 33,938 $ 31,515
Schedule of Components of Provision for Income Taxes	The components of the provision for income taxes consist of the following for the years ended December 31 (in thousands): 2020 2019 2018 Tax provision: Federal $ 99,901 $ 106,009 $ 152,627 State 19,825 25,788 38,626 Foreign 40,103 35,899 39,830 159,829 167,696 231,083 Deferred provision (benefit): Federal (28,238) 1,554 (11,969) State (5,749) 316 (3,176) Foreign (3,932) (4,277) (170) (37,919) (2,407) (15,315) Total provision $ 121,910 $ 165,289 $ 215,768
Schedule of Effective Income Tax Rate Reconciliation	A reconciliation of the provision for income taxes using the statutory federal income tax rate to our effective income tax rate for the years ended December 31, is as follows: 2020 2019 2018 Federal statutory rate 21.0 % 21.0 % 21.0 % State income taxes, net of federal benefit 2.5 2.8 3.3 Tax Act impact — — 0.4 Share-based payment awards (2.8) (0.9) (0.7) Excess foreign tax credits (2.2) (1.5) — Foreign 1.3 1.7 0.6 Other (0.4) (0.8) (0.1) Effective income tax rate 19.4 % 22.3 % 24.5 %
Schedule of Deferred Tax Assets and Liabilities	Deferred tax assets (liabilities) are comprised of the following at December 31 (in thousands): 2020 2019 Deferred tax assets: Lease liabilities $ 82,982 $ 77,879 Compensation 60,160 54,226 Accrued expenses 39,987 23,179 Receivables 7,810 5,086 Tax credit carryforward 10,464 — Other 8,574 7,417 Deferred tax liabilities: Right-of-use assets (77,513) (75,352) Intangible assets (81,210) (73,166) Accrued revenue (18,978) (14,893) Prepaid assets (5,732) (4,660) Long-lived assets (12,722) (15,134) Foreign withholding tax (10,222) (9,259) Other (7,142) (1,614) Net deferred tax liabilities $ (3,542) $ (26,291)

CAPITAL STOCK AND STOCK AWARD_2

CAPITAL STOCK AND STOCK AWARD PLANS (Tables)	12 Months Ended
	Dec. 31, 2020
Share-based Payment Arrangement [Abstract]
Schedule of Stock-Based Compensation Expense	A summary of our total compensation expense recognized within personnel expenses in our consolidated statements of operations and comprehensive income for stock-based compensation is as follows (in thousands): 2020 2019 2018 Stock options $ 20,162 $ 16,073 $ 23,374 Stock awards 20,985 20,170 61,826 Company expense on ESPP discount 2,848 2,840 2,591 Total stock-based compensation expense $ 43,995 $ 39,083 $ 87,791
Schedule of Stock Option Activity	The following schedule summarizes stock option activity in the plans. All outstanding unvested options as of December 31, 2020, relate to time-based grants from 2015 through 2019. Options Weighted Aggregate Average Outstanding at December 31, 2019 7,050,192 $ 75.40 $ 44,067 6.4 Grants 1,661,196 72.74 Exercised (1,420,655) 67.29 Forfeitures (29,893) 77.59 Outstanding at December 31, 2020 7,260,840 $ 76.37 $ 127,065 6.6 Vested at December 31, 2020 4,469,665 $ 74.29 5.6 Exercisable at December 31, 2020 4,469,665 $ 74.29 5.6
Schedule of Intrinsic Value of Options Exercised	Information on the intrinsic value of options exercised is as follows (in thousands): 2020 $ 38,551 2019 15,862 2018 16,209
Schedule of Unvested Stock Option Grants	The following table summarizes these unvested stock option grants as of December 31, 2020: First Vesting Date Last Vesting Date Options Weighted Unvested Options December 31, 2017 December 31, 2021 1,236,538 $ 12.59 236,978 December 31, 2018 December 31, 2022 1,442,952 14.24 557,792 December 31, 2019 December 31, 2023 1,155,361 20.11 682,789 December 31, 2020 December 31, 2024 1,644,977 13.86 1,313,616 5,479,828 $ 14.99 2,791,175
Schedule of Option Pricing Model Valuation Assumptions	The fair value per option was estimated using the Black-Scholes option pricing model with the following assumptions: 2020 Grants 2019 Grants 2018 Grants Weighted-average risk-free interest rate 1.6% 2.1% 3.1% Expected dividend yield 2.5% 2.0% 2.0% Weighted-average volatility 23% 25% 25% Expected term (in years) 8.91 6.08 6.08 Weighted average fair value per option $ 13.88 $ 17.52 $ 20.52
Schedule of Performance Based Restricted Shares and Restricted Stock Units	The following table summarizes our unvested performance-based restricted shares and restricted stock unit grants as of December 31, 2020: Number of Restricted Shares and Restricted Stock Units Weighted Average Unvested at December 31, 2019 841,793 $ 68.68 Granted 405,915 59.34 Vested — — Forfeitures (145,497) 52.70 Unvested at December 31, 2020 1,102,211 $ 67.29 The following table summarizes performance based restricted shares and restricted stock units by vesting period: First Vesting Date Last Vesting Date Performance Shares and Stock Units Weighted Average Grant Date Fair Value (1) Unvested Performance Shares and Restricted Stock Units December 31, 2017 December 31, 2021 336,217 $ 64.91 159,246 December 31, 2018 December 31, 2022 308,748 74.26 174,300 December 31, 2019 December 31, 2023 364,241 73.81 364,241 December 31, 2020 December 31, 2024 404,424 59.34 404,424 1,413,630 $ 67.65 1,102,211 ________________________________
Schedule of Unvested Time-Based Restricted Share and Restricted Stock Unit Grants	The following table summarizes our unvested time-based restricted share and restricted stock unit grants as of December 31, 2020: Number of Restricted Weighted Average Unvested at December 31, 2019 614,441 $ 68.76 Granted 337,828 59.26 Vested (304,334) 63.69 Forfeitures (49,896) 65.67 Unvested at December 31, 2020 598,039 $ 60.24
Schedule of Fair Value Stock Awards Vested	A summary of the fair value of stock awards vested (in thousands): 2020 $ 20,985 2019 20,170 2018 61,826
Schedule of Employee Stock Purchase Plan Activity	The following is a summary of the employee stock purchase plan activity (dollar amounts in thousands): Shares Purchased Aggregate Cost Expense Recognized 2020 236,062 $ 16,146 $ 2,848 2019 224,596 16,093 2,840 2018 191,823 14,682 2,591
Schedule of Share Repurchase Program Activity	The activity under these authorizations is as follows (dollar amounts in thousands): Shares Repurchased Total Value of Shares 2018 Repurchases 3,319,077 $ 303,492 2019 Repurchases 3,434,102 306,444 2020 Repurchases 2,542,915 182,745

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Tables)	12 Months Ended
	Dec. 31, 2020
Commitments and Contingencies Disclosure [Abstract]
Schedule of Defined Contribution Plan Expense	Defined contribution plan expense, including matching contributions, was approximately (in thousands): 2020 $ 18,827 2019 42,491 2018 43,172

ACQUISITIONS (Tables)

ACQUISITIONS (Tables)	12 Months Ended
	Dec. 31, 2020
Prime Distribution
Business Acquisition [Line Items]
Schedule of Allocation of Purchase Consideration to Estimated Fair Value of Net Assets	The following is a summary of the allocation of purchase consideration to the estimated fair value of net assets for the acquisition of Prime Distribution (dollars in thousands): Current assets $ 8,879 Property and equipment 7,356 Right-of-use lease assets 35,017 Other intangible assets 55,000 Goodwill 176,484 Total assets 282,736 Current liabilities 12,243 Lease liabilities 35,017 Deferred tax liabilities 12,758 Net assets acquired $ 222,718
Schedule of Identifiable Intangible Assets and Estimated Useful Lives	Identifiable intangible assets and estimated useful lives are as follows (dollars in thousands): Estimated Life (years) Customer relationships 7 $ 55,000
Dema Service
Business Acquisition [Line Items]
Schedule of Identifiable Intangible Assets and Estimated Useful Lives	Identifiable intangible assets and estimated useful lives are as follows (dollars in thousands): Estimated Life (years) Customer relationships 7 $ 4,252
Space Cargo
Business Acquisition [Line Items]
Schedule of Identifiable Intangible Assets and Estimated Useful Lives	Identifiable intangible assets and estimated useful lives are as follows (dollars in thousands): Estimated Life (years) Customer relationships 7 $ 16,439

SEGMENT REPORTING (Tables)

SEGMENT REPORTING (Tables)	12 Months Ended
	Dec. 31, 2020
Segment Reporting [Abstract]
Summary of Segment Information	Reportable segment information as of, and for the years ended, December 31, 2020, 2019, and 2018 is as follows (dollars in thousands): NAST Global Forwarding All Other and Corporate Consolidated Twelve Months Ended December 31, 2020 Total revenues $ 11,312,553 $ 3,100,525 $ 1,794,028 $ 16,207,106 Income (loss) from operations 508,475 175,513 (10,720) 673,268 Depreciation and amortization 25,314 34,550 41,863 101,727 Total assets (1) 2,946,409 1,392,411 805,438 5,144,258 Average headcount 6,811 4,708 3,600 15,119 ________________________________ (1) All cash and cash equivalents and certain owned properties are included in All Other and Corporate. NAST Global Forwarding All Other and Corporate Consolidated Twelve Months Ended December 31, 2019 Total revenues $ 11,283,692 $ 2,327,913 $ 1,697,903 $ 15,309,508 Income (loss) from operations 722,763 80,527 (13,314) 789,976 Depreciation and amortization 24,508 36,720 39,221 100,449 Total assets (1) 2,550,010 1,021,592 1,069,458 4,641,060 Average headcount 7,354 4,766 3,431 15,551 NAST Global Forwarding All Other and Corporate Consolidated Twelve Months Ended December 31, 2018 Total revenues $ 12,346,757 $ 2,487,744 $ 1,796,671 $ 16,631,172 Income (loss) from operations 821,844 91,626 (1,387) 912,083 Depreciation and amortization 25,290 35,148 36,291 96,729 Total assets (1) 2,567,120 969,736 890,556 4,427,412 Average headcount 7,387 4,711 3,106 15,204 ________________________________ (1) All cash and cash equivalents and certain owned properties are included in All Other and Corporate.
Schedule of Total Revenues and Long-Lived Assets by Geographic Regions	The following table presents our total revenues (based on location of the customer) and long-lived assets (including intangible and other assets) by geographic regions (in thousands): For the year ended December 31, 2020 2019 2018 Total revenues United States $ 13,896,382 $ 13,143,522 $ 14,370,454 Other locations 2,310,724 2,165,986 2,260,718 Total revenues $ 16,207,106 $ 15,309,508 $ 16,631,172 As of December 31, 2020 (1) 2019 (2) 2018 Long-lived assets United States $ 551,511 $ 489,129 $ 321,766 Other locations 163,860 206,567 83,657 Total long-lived assets $ 715,371 $ 695,696 $ 405,423 ________________________________ (1) Includes $253.4 million and $66.4 million of right-of-use lease assets within the United States and other locations, respectively. (2) Includes $216.4 million and $94.4 million of right-of-use lease assets within the United States and other locations, respectively.

REVENUE FROM CONTRACTS WITH C_2

REVENUE FROM CONTRACTS WITH CUSTOMERS (Tables)	12 Months Ended
	Dec. 31, 2020
Revenue from Contract with Customer [Abstract]
Schedule of Total Revenues Disaggregated by Major Service Line and Timing of Revenue Recognition	A summary of our total revenues disaggregated by major service line and timing of revenue recognition is presented below for each of our reportable segments for the twelve months ended December 31, 2020, 2019, and 2018, as follows (dollars in thousands): Twelve Months Ended December 31, 2020 NAST Global Forwarding All Other and Corporate Total Major service lines: Transportation and logistics services (1) $ 11,312,553 $ 3,100,525 $ 734,484 $ 15,147,562 Sourcing (2) — — 1,059,544 1,059,544 Total $ 11,312,553 $ 3,100,525 $ 1,794,028 $ 16,207,106 Twelve Months Ended December 31, 2019 NAST Global Forwarding All Other and Corporate Total Major service lines: Transportation and logistics services (1) $ 11,283,692 $ 2,327,913 $ 710,690 $ 14,322,295 Sourcing (2) — — 987,213 987,213 Total $ 11,283,692 $ 2,327,913 $ 1,697,903 $ 15,309,508 Twelve Months Ended December 31, 2018 NAST Global Forwarding All Other and Corporate Total Major service lines: Transportation and logistics services (1) $ 12,346,757 $ 2,487,744 $ 681,420 $ 15,515,921 Sourcing (2) — — 1,115,251 1,115,251 Total $ 12,346,757 $ 2,487,744 $ 1,796,671 $ 16,631,172 ________________________________ (1) Transportation and logistics services performance obligations are completed over time. (2) Sourcing performance obligations are completed at a point in time.

LEASES (Tables)

LEASES (Tables)	12 Months Ended
	Dec. 31, 2020
Leases [Abstract]
Schedule of Lease Expense, Remaining Lease Terms, Discount Rate and Other Information	Information regarding lease expense, remaining lease term, discount rate, and other select lease information is presented below as of December 31, 2020 and 2019, and for the twelve months ended December 31, 2020 and 2019 (dollars in thousands): Twelve Months Ended December 31, Lease Costs 2020 2019 Operating lease expense $ 86,451 $ 68,489 Short-term lease expense 15,130 11,440 Total lease expense $ 101,581 $ 79,929 Twelve Months Ended December 31, Other Lease Information 2020 2019 Operating cash outflows from operating leases $ 74,177 $ 66,489 Right-of-use lease assets obtained in exchange for new lease liabilities (1) 95,005 101,966 As of December 31, Lease Term and Discount Rate 2020 2019 Weighted average remaining lease term (in years) (1) 6.8 7.8 Weighted average discount rate 3.2 % 3.4 % ________________________________
Schedule of Maturity of Lease Liabilities	The maturity of lease liabilities as of December 31, 2020, were as follows (in thousands): Maturity of Lease Liabilities Operating Leases 2021 $ 75,624 2022 69,980 2023 57,597 2024 39,547 2025 29,935 Thereafter 104,455 Total lease payments 377,138 Less: Interest (42,392) Present value of lease liabilities $ 334,746

CREDIT LOSSES (Tables)

CREDIT LOSSES (Tables)	12 Months Ended
	Dec. 31, 2020
Credit Loss [Abstract]
Schedule of Allowance for Credit Loss on Accounts Receivable	A rollforward of our allowance for credit losses on our accounts receivable balance is presented below for the twelve months ended December 31, 2020: Balance, December 31, 2019 $ 32,838 Provision 16,130 Write-offs (10,855) Balance, December 31, 2020 $ 38,113

SUMMARY OF SIGNIFICANT ACCOUN_4

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Narrative (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Significant Accounting Policies [Line Items]
Cash and cash equivalents	$ 243,796	$ 447,858
Stock Awards
Significant Accounting Policies [Line Items]
Stock award vesting period (in years)	5 years
Restricted shares and restricted stock units | Minimum
Significant Accounting Policies [Line Items]
Shares and restricted units grants, discount for post-vesting holding restrictions (percent)	12.00%
Restricted shares and restricted stock units | Maximum
Significant Accounting Policies [Line Items]
Shares and restricted units grants, discount for post-vesting holding restrictions (percent)	22.00%
Software
Significant Accounting Policies [Line Items]
Estimated useful life (in years)	3 years
Held outside the United States
Significant Accounting Policies [Line Items]
Cash and cash equivalents	$ 230,900	$ 405,100
Transportation services
Significant Accounting Policies [Line Items]
General payment terms upon completion of performance obligation	30 days
Value-added logistics services
Significant Accounting Policies [Line Items]
General payment terms upon completion of performance obligation	30 days
Sourcing Services | Minimum
Significant Accounting Policies [Line Items]
General payment terms upon completion of performance obligation	20 days
Sourcing Services | Maximum
Significant Accounting Policies [Line Items]
General payment terms upon completion of performance obligation	30 days
Logistics and Transportation
Significant Accounting Policies [Line Items]
General payment terms upon completion of performance obligation	30 days
Typical contract period, maximum (in years)	1 year

SUMMARY OF SIGNIFICANT ACCOUN_5

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Depreciation Expense (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Accounting Policies [Abstract]
Depreciation expense	$ 42,890	$ 45,016	$ 45,155

SUMMARY OF SIGNIFICANT ACCOUN_6

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Summary of Property and Equipment (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Property, Plant and Equipment [Line Items]
Property and equipment	$ 478,982	$ 489,976
Less: accumulated depreciation and amortization	(300,033)	(281,553)
Net property and equipment	178,949	208,423
Furniture, fixtures, and equipment
Property, Plant and Equipment [Line Items]
Property and equipment	286,277	283,378
Buildings
Property, Plant and Equipment [Line Items]
Property and equipment	93,538	112,410
Corporate aircraft
Property, Plant and Equipment [Line Items]
Property and equipment	11,461	11,461
Leasehold improvements
Property, Plant and Equipment [Line Items]
Property and equipment	67,037	61,539
Land
Property, Plant and Equipment [Line Items]
Property and equipment	19,816	20,146
Construction in progress
Property, Plant and Equipment [Line Items]
Property and equipment	$ 853	$ 1,042

SUMMARY OF SIGNIFICANT ACCOUN_7

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Amortization Expense of Purchased and Internally Developed Software (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Accounting Policies [Abstract]
Amortization of purchased and internally developed software	$ 22,612	$ 17,023	$ 14,688

SUMMARY OF SIGNIFICANT ACCOUN_8

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Summary of Purchased and Internally Developed Software (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Software [Line Items]
Less accumulated amortization	$ (96,891)	$ (83,158)
Net software	59,614	51,762
Purchased software
Software [Line Items]
Software	29,029	34,026
Internally developed software
Software [Line Items]
Software	$ 127,476	$ 100,894

GOODWILL AND OTHER INTANGIBLE_3

GOODWILL AND OTHER INTANGIBLE ASSETS - Narrative (Details) - USD ($)	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill or intangible asset impairment	$ 0	$ 0	$ 0

GOODWILL AND OTHER INTANGIBLE_4

GOODWILL AND OTHER INTANGIBLE ASSETS - Change in the Carrying Amount of Goodwill (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Goodwill [Roll Forward]
Beginning balance	$ 1,291,760	$ 1,258,922
Acquisitions	177,264	33,663
Foreign currency translation	18,163	(825)
Ending balance	1,487,187	1,291,760
NAST
Goodwill [Roll Forward]
Beginning balance	1,015,570	1,016,784
Acquisitions	176,484	0
Foreign currency translation	11,918	(1,214)
Ending balance	1,203,972	1,015,570
Global Forwarding
Goodwill [Roll Forward]
Beginning balance	208,420	182,029
Acquisitions	780	25,892
Foreign currency translation	4,782	499
Ending balance	213,982	208,420
All Other and Corporate
Goodwill [Roll Forward]
Beginning balance	67,770	60,109
Acquisitions	0	7,771
Foreign currency translation	1,463	(110)
Ending balance	$ 69,233	$ 67,770

GOODWILL AND OTHER INTANGIBLE_5

GOODWILL AND OTHER INTANGIBLE ASSETS - Summary of Intangible Assets (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Finite-lived intangibles
Finite-lived intangibles, cost	$ 173,559	$ 237,335
Accumulated Amortization	(68,249)	(156,879)
Total finite-lived intangible assets	105,310	80,456
Indefinite-lived intangibles
Total intangibles, Cost	182,159	247,810
Total intangibles, Net	113,910	90,931
Trademarks
Indefinite-lived intangibles
Indefinite-lived intangibles	8,600	10,475
Customer relationships
Finite-lived intangibles
Finite-lived intangibles, cost	171,684	237,335
Accumulated Amortization	(67,312)	(156,879)
Total finite-lived intangible assets	104,372	80,456
Trademarks
Finite-lived intangibles
Finite-lived intangibles, cost	1,875	0
Accumulated Amortization	(937)	0
Total finite-lived intangible assets	$ 938	$ 0

GOODWILL AND OTHER INTANGIBLE_6

GOODWILL AND OTHER INTANGIBLE ASSETS - Amortization Expense of Other Intangible Assets (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]
Amortization expense	$ 36,225	$ 38,410	$ 36,886

GOODWILL AND OTHER INTANGIBLE_7

GOODWILL AND OTHER INTANGIBLE ASSETS - Estimated Amortization Expense of Intangible Assets (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Estimated amortization expense
2021	$ 25,464
2022	24,526
2023	21,709
2024	12,595
2025	11,142
Thereafter	9,874
Total finite-lived intangible assets	105,310	$ 80,456
NAST
Estimated amortization expense
2021	8,096
2022	8,096
2023	8,096
2024	8,008
2025	7,857
Thereafter	9,167
Global Forwarding
Estimated amortization expense
2021	15,761
2022	15,761
2023	12,944
2024	3,918
2025	2,616
Thereafter	426
All Other and Corporate
Estimated amortization expense
2021	1,607
2022	669
2023	669
2024	669
2025	669
Thereafter	$ 281

FAIR VALUE MEASUREMENT - Narrat

FAIR VALUE MEASUREMENT - Narrative (Details) - Level 3 - USD ($)	Dec. 31, 2020	Dec. 31, 2019
Level 3 Fair Value
Assets at fair value	$ 0	$ 0
Liabilities at fair value	$ 0	$ 0

FINANCING ARRANGEMENTS - Compon

FINANCING ARRANGEMENTS - Components of Short-term and Long-term Debt (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Debt Instrument [Line Items]
Carrying value	$ 1,093,301	$ 1,235,333
Less: Current maturities and short-term borrowing	0	(142,885)
Long-term debt	$ 1,093,301	$ 1,092,448
Line of credit | Revolving credit facility
Debt Instrument [Line Items]
Average interest rate (percent)	0.00%	0.00%
Carrying value	$ 0	$ 0
Senior Notes | Series A Notes
Debt Instrument [Line Items]
Average interest rate (percent)	3.97%	3.97%
Carrying value	$ 175,000	$ 175,000
Senior Notes | Series B Notes
Debt Instrument [Line Items]
Average interest rate (percent)	4.26%	4.26%
Carrying value	$ 150,000	$ 150,000
Senior Notes | Series C Notes
Debt Instrument [Line Items]
Average interest rate (percent)	4.60%	4.60%
Carrying value	$ 175,000	$ 175,000
Secured Debt | Receivables securitization facility
Debt Instrument [Line Items]
Average interest rate (percent)	0.00%	2.41%
Carrying value	$ 0	$ 142,885
Unsecured Debt | Senior Notes
Debt Instrument [Line Items]
Average interest rate (percent)	4.20%	4.20%
Carrying value	$ 593,301	$ 592,448

FINANCING ARRANGEMENTS - Narrat

FINANCING ARRANGEMENTS - Narrative (Details)	12 Months Ended
	Dec. 31, 2020USD ($)	Dec. 31, 2019USD ($)	Dec. 17, 2018USD ($)	Aug. 27, 2013USD ($)
Debt Instrument [Line Items]
Carrying value	$ 1,093,301,000	$ 1,235,333,000
Line of credit | US Bank
Debt Instrument [Line Items]
Maximum borrowing capacity	15,000,000
Standby letters of credit | US Bank
Debt Instrument [Line Items]
Line of credit utilized for standby letters of credit related to insurance collateral	8,000,000
Line of credit | Revolving credit facility
Debt Instrument [Line Items]
Maximum borrowing capacity	$ 1,000,000,000
Maximum leverage ratio	3.50
Carrying value	$ 0	0
Line of credit | Revolving credit facility | Minimum
Debt Instrument [Line Items]
Commitment fee (percent)	0.075%
Line of credit | Revolving credit facility | Maximum
Debt Instrument [Line Items]
Commitment fee (percent)	0.20%
Line of credit | Revolving credit facility | Federal Funds Rate
Debt Instrument [Line Items]
Basis spread on variable rate (percent)	0.50%
Line of credit | Revolving credit facility | LIBOR
Debt Instrument [Line Items]
Basis spread on variable rate (percent)	1.13%
Senior Notes
Debt Instrument [Line Items]
Debt fair value	$ 560,000,000
Senior Notes | Note Purchase Agreement
Debt Instrument [Line Items]
Maximum leverage ratio	3
Debt instrument principal amount				$ 500,000,000
Minimum interest coverage ratio	2
Maximum priority debt to total assets ratio (percent)	15.00%
Debt instrument, redemption price (percent)	100.00%
Secured Debt | Receivables securitization facility
Debt Instrument [Line Items]
Carrying value	$ 0	142,885,000
Secured Debt | Receivables securitization facility | Wells Fargo Bank N.A. and Bank of America N.A.
Debt Instrument [Line Items]
Maximum borrowing capacity			$ 250,000,000
Unsecured Debt | Senior Notes
Debt Instrument [Line Items]
Debt fair value	$ 710,200,000
Debt instrument, redemption price (percent)	101.00%
Debt instrument annual interest rate (percent)	4.20%
Debt Instrument effective yield (percent)	4.39%
Carrying value	$ 593,301,000	$ 592,448,000
Threshold for holders of principal outstanding to declare principal and unpaid interest payable (percent)	25.00%

INCOME TAXES - Narrative (Detai

INCOME TAXES - Narrative (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Income Taxes [Line Items]
Estimated effect on income taxes payable if permanently reinvested foreign earnings were repatriated	$ 2
Payroll tax deferral, CARES Act	28.5
Payroll tax credit, CARES Act	0.7
Unrecognized tax benefits and related interest and penalties, all of which would affect our effective tax rate if recognized	42.3
Expected decrease in unrecognized tax benefits in next twelve months due to lapsing statutes	1.8
Interest and penalties recognized	1	$ 1	$ 1
Interest and penalties accrued	6.1	6
Foreign net operating loss carryforwards tax effect	11	11.1
Foreign operating loss carryforwards
Income Taxes [Line Items]
Valuation allowance against deferred tax asset	$ 7.6	$ 8.5

INCOME TAXES - Income Before Pr

INCOME TAXES - Income Before Provision for Income Taxes (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Income Tax Disclosure [Abstract]
Domestic	$ 499,384	$ 649,742	$ 738,927
Foreign	128,947	92,515	141,346
Income before provision for income taxes	$ 628,331	$ 742,257	$ 880,273

INCOME TAXES - Reconciliation o

INCOME TAXES - Reconciliation of Unrecognized Tax Benefits, excluding Interest and Penalties (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Reconciliation of Unrecognized Tax Benefits
Unrecognized tax benefits, beginning of period	$ 33,938	$ 31,515	$ 31,806
Additions based on tax positions related to the current year	3,172	2,212	0
Additions for tax positions of prior years	1,568	2,148	1,662
Reductions for tax positions of prior years	(124)	0	(263)
Lapse in statute of limitations	(2,276)	(1,703)	(1,394)
Settlements	(62)	(234)	(296)
Unrecognized tax benefits, end of the period	$ 36,216	$ 33,938	$ 31,515

INCOME TAXES - Components of th

INCOME TAXES - Components of the Provision for Income Taxes (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Tax provision:
Federal	$ 99,901	$ 106,009	$ 152,627
State	19,825	25,788	38,626
Foreign	40,103	35,899	39,830
Current tax provision	159,829	167,696	231,083
Deferred provision (benefit):
Federal	(28,238)	1,554	(11,969)
State	(5,749)	316	(3,176)
Foreign	(3,932)	(4,277)	(170)
Deferred tax provision (benefit)	(37,919)	(2,407)	(15,315)
Total provision	$ 121,910	$ 165,289	$ 215,768

INCOME TAXES - Reconciliation_2

INCOME TAXES - Reconciliation of the Provision for Income Taxes using Statutory Federal Income Tax Rate to the Effective Income Tax Rate (Details)	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Income Tax Disclosure [Abstract]
Federal statutory rate	21.00%	21.00%	21.00%
State income taxes, net of federal benefit	2.50%	2.80%	3.30%
Tax Act impact	0.00%	0.00%	0.40%
Share-based payment awards	(2.80%)	(0.90%)	(0.70%)
Excess foreign tax credits	(2.20%)	(1.50%)	0.00%
Foreign	1.30%	1.70%	0.60%
Other	(0.40%)	(0.80%)	(0.10%)
Effective income tax rate	19.40%	22.30%	24.50%

INCOME TAXES - Deferred Tax Ass

INCOME TAXES - Deferred Tax Assets (Liabilities) (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Deferred tax assets:
Lease liabilities	$ 82,982	$ 77,879
Compensation	60,160	54,226
Accrued expenses	39,987	23,179
Receivables	7,810	5,086
Tax credit carryforward	10,464	0
Other	8,574	7,417
Deferred tax liabilities:
Right-of-use assets	(77,513)	(75,352)
Intangible assets	(81,210)	(73,166)
Accrued revenue	(18,978)	(14,893)
Prepaid assets	(5,732)	(4,660)
Long-lived assets	(12,722)	(15,134)
Foreign withholding tax	(10,222)	(9,259)
Other	(7,142)	(1,614)
Net deferred tax liabilities	$ (3,542)	$ (26,291)

CAPITAL STOCK AND STOCK AWARD_3

CAPITAL STOCK AND STOCK AWARD PLANS - Narrative (Details) $ / shares in Units, $ in Millions	May 09, 2019shares	Dec. 31, 2020USD ($)vote$ / sharesshares	Dec. 31, 2019$ / sharesshares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Preferred stock, authorized (in shares)		20,000,000	20,000,000
Preferred stock, par value (in dollars per share) | $ / shares		$ 0.10	$ 0.10
Preferred stock, outstanding (in shares)		0	0
Common stock, authorized (in shares)		480,000,000	480,000,000
Common stock, par value (in dollars per share) | $ / shares		$ 0.10	$ 0.10
Entitled vote for each share of common stock (vote) | vote		1
Increase in number of shares authorized for award (in shares)	4,000,000
Maximum number of shares that can be granted under stock plan (in shares)	17,041,803
Shares available for stock awards (in shares)		2,985,595
Unrecognized compensation expense related to stock options | $		$ 42.9
Stock options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Antidilutive securities excluded from computation of earnings per share (in shares)		2,455,138
Performance-based restricted shares and restricted stock units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock award vesting period (in years)		5 years
Restricted shares and restricted stock units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation expense related to stock awards | $		$ 113.1
Restricted shares and restricted stock units | Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restricted shares and restricted stock unit grants, discount for post-vesting holding restrictions (percent)		12.00%
Restricted shares and restricted stock units | Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restricted shares and restricted stock unit grants, discount for post-vesting holding restrictions (percent)		22.00%

CAPITAL STOCK AND STOCK AWARD_4

CAPITAL STOCK AND STOCK AWARD PLANS - Total Compensation Expense Recognized in Statements of Operations for Stock-Based Compensation (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense	$ 43,995	$ 39,083	$ 87,791
Stock options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense	20,162	16,073	23,374
Stock awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense	20,985	20,170	61,826
Company expense on ESPP discount
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense	$ 2,848	$ 2,840	$ 2,591

CAPITAL STOCK AND STOCK AWARD_5

CAPITAL STOCK AND STOCK AWARD PLANS - Stock Option Activity (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Options
Outstanding, beginning balance (in shares)	7,050,192
Grants (in shares)	1,661,196
Exercised (in shares)	(1,420,655)
Forfeitures (in shares)	(29,893)
Outstanding, ending balance (in shares)	7,260,840	7,050,192
Vested (in shares)	4,469,665
Exercisable (in shares)	4,469,665
Weighted Average Exercise Price
Outstanding, beginning balance (in dollars per share)	$ 75.40
Grants (in dollars per share)	72.74
Exercised (in dollars per share)	67.29
Terminated (in dollars per share)	77.59
Outstanding, ending balance (in dollars per share)	76.37	$ 75.40
Vested (in dollars per share)	74.29
Exercisable (in dollars per share)	$ 74.29
Aggregate Intrinsic Value (in thousands)
Outstanding, aggregate intrinsic value	$ 127,065	$ 44,067
Average Remaining Life (years)
Outstanding, average remaining life (in years)	6 years 7 months 6 days	6 years 4 months 24 days
Vested, average remaining life (in years)	5 years 7 months 6 days
Exercisable, average remaining life (in years)	5 years 7 months 6 days

CAPITAL STOCK AND STOCK AWARD_6

CAPITAL STOCK AND STOCK AWARD PLANS - Intrinsic Value of Options Exercised (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Share-based Payment Arrangement [Abstract]
Intrinsic value of options exercised	$ 38,551	$ 15,862	$ 16,209

CAPITAL STOCK AND STOCK AWARD_7

CAPITAL STOCK AND STOCK AWARD PLANS - Stock Options Grants by First Vesting Date (Details)	12 Months Ended
	Dec. 31, 2020$ / sharesshares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options granted, net of forfeitures (in shares)	5,479,828
Weighted average grant date fair value (in dollars per share) | $ / shares	$ 14.99
Unvested options (in shares)	2,791,175
First Vesting Date Dec 31 2017
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options granted, net of forfeitures (in shares)	1,236,538
Weighted average grant date fair value (in dollars per share) | $ / shares	$ 12.59
Unvested options (in shares)	236,978
First Vesting Date Dec 31 2018
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options granted, net of forfeitures (in shares)	1,442,952
Weighted average grant date fair value (in dollars per share) | $ / shares	$ 14.24
Unvested options (in shares)	557,792
First Vesting Date Dec 31 2019
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options granted, net of forfeitures (in shares)	1,155,361
Weighted average grant date fair value (in dollars per share) | $ / shares	$ 20.11
Unvested options (in shares)	682,789
First Vesting Date Dec 31 2020
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options granted, net of forfeitures (in shares)	1,644,977
Weighted average grant date fair value (in dollars per share) | $ / shares	$ 13.86
Unvested options (in shares)	1,313,616

CAPITAL STOCK AND STOCK AWARD_8

CAPITAL STOCK AND STOCK AWARD PLANS - Assumptions Used in Estimating the Fair Value Per Option (Details) - Stock options - $ / shares	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Fair Value Assumptions and Methodology
Weighted-average risk-free interest rate (percent)	1.60%	2.10%	3.10%
Expected dividend yield (percent)	2.50%	2.00%	2.00%
Weighted-average volatility (percent)	23.00%	25.00%	25.00%
Expected term (in years)	8 years 10 months 28 days	6 years 29 days	6 years 29 days
Weighted average fair value per option (in dollars per share)	$ 13.88	$ 17.52	$ 20.52

CAPITAL STOCK AND STOCK AWARD_9

CAPITAL STOCK AND STOCK AWARD PLANS - Unvested Performance-Based Restricted Shares and Restricted Stock Units (Details) - Performance-based restricted shares and restricted stock units	12 Months Ended
	Dec. 31, 2020$ / sharesshares
Number of Restricted Shares and Restricted Stock Units
Unvested, beginning balance (in shares) | shares	841,793
Granted (in shares) | shares	405,915
Vested (in shares) | shares	0
Forfeitures (in shares) | shares	(145,497)
Unvested, ending balance (in shares) | shares	1,102,211
Weighted Average Grant Date Fair Value
Unvested, beginning balance (in dollars per share) | $ / shares	$ 68.68
Granted (in dollars per share) | $ / shares	59.34
Vested (in dollars per share) | $ / shares	0
Forfeitures (in dollars per share) | $ / shares	52.70
Unvested, ending balance (in dollars per share) | $ / shares	$ 67.29

CAPITAL STOCK AND STOCK AWAR_10

CAPITAL STOCK AND STOCK AWARD PLANS - Performance-Based Shares and Units by First Vesting Date (Details) - $ / shares	Feb. 03, 2021	Dec. 31, 2020	Dec. 31, 2019
Performance-based restricted shares and restricted stock units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Performance shares and stock units granted, net of forfeitures (in shares)		1,413,630
Weighted average grant date fair value (in dollars per share)		$ 67.65
Unvested performance shares and restricted stock units (in shares)		1,102,211	841,793
Granted (in shares)		405,915
Weighted average grant date fair value (in dollars per share)		$ 59.34
Stock award vesting period (in years)		5 years
Performance-based restricted shares and restricted stock units | First Vesting Date Dec 31 2017
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Performance shares and stock units granted, net of forfeitures (in shares)		336,217
Weighted average grant date fair value (in dollars per share)		$ 64.91
Unvested performance shares and restricted stock units (in shares)		159,246
Performance-based restricted shares and restricted stock units | First Vesting Date Dec 31 2018
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Performance shares and stock units granted, net of forfeitures (in shares)		308,748
Weighted average grant date fair value (in dollars per share)		$ 74.26
Unvested performance shares and restricted stock units (in shares)		174,300
Performance-based restricted shares and restricted stock units | First Vesting Date Dec 31 2019
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Performance shares and stock units granted, net of forfeitures (in shares)		364,241
Weighted average grant date fair value (in dollars per share)		$ 73.81
Unvested performance shares and restricted stock units (in shares)		364,241
Performance-based restricted shares and restricted stock units | First Vesting Date Dec 31 2020
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Performance shares and stock units granted, net of forfeitures (in shares)		404,424
Weighted average grant date fair value (in dollars per share)		$ 59.34
Unvested performance shares and restricted stock units (in shares)		404,424
Performance-based restricted stock units | First Vesting Date Dec 31 2021 | Subsequent event
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted (in shares)	280,255
Weighted average grant date fair value (in dollars per share)	$ 74.76
Stock award vesting period (in years)	3 years

CAPITAL STOCK AND STOCK AWAR_11

CAPITAL STOCK AND STOCK AWARD PLANS - Unvested Time-Based Restricted Shares and Restricted Stock Units (Details) - $ / shares	Feb. 03, 2021	Dec. 31, 2020
Time-based restricted shares and restricted stock units
Number of Restricted Shares and Stock Units
Unvested, beginning balance (in shares)		614,441
Granted (in shares)		337,828
Vested (in shares)		(304,334)
Forfeitures (in shares)		(49,896)
Unvested, ending balance (in shares)		598,039
Weighted Average Grant Date Fair Value
Unvested, beginning balance (in dollars per share)		$ 68.76
Granted (in dollars per share)		59.26
Vested (in dollars per share)		63.69
Forfeitures (in dollars per share)		65.67
Unvested, ending balance (in dollars per share)		$ 60.24
Time-based restricted stock units | Subsequent event
Number of Restricted Shares and Stock Units
Granted (in shares)	619,689
Weighted Average Grant Date Fair Value
Granted (in dollars per share)	$ 71.28
Stock award vesting period (in years)	3 years

CAPITAL STOCK AND STOCK AWAR_12

CAPITAL STOCK AND STOCK AWARD PLANS - Fair Value of Full Value Stock Awards Vested (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Full Value Awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Fair value of awards vested	$ 20,985	$ 20,170	$ 61,826

CAPITAL STOCK AND STOCK AWAR_13

CAPITAL STOCK AND STOCK AWARD PLANS - Employee Stock Purchase Plan Activity (Details) - USD ($)	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expense Recognized by the Company	$ 43,995,000	$ 39,083,000	$ 87,791,000
Company expense on ESPP discount
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expense Recognized by the Company	$ 2,848,000	$ 2,840,000	$ 2,591,000
1997 Employee Stock Purchase Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares Purchased by Employees (in shares)	236,062	224,596	191,823
Aggregate Costs to Employees	$ 16,146,000	$ 16,093,000	$ 14,682,000
Maximum employee contribution to purchase company stock	$ 10,000
Discount rate used to determine purchase price (percent)	15.00%
1997 Employee Stock Purchase Plan | Company expense on ESPP discount
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expense Recognized by the Company	$ 2,848,000	$ 2,840,000	$ 2,591,000

CAPITAL STOCK AND STOCK AWAR_14

CAPITAL STOCK AND STOCK AWARD PLANS - Share Repurchase Programs Activity (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018	May 31, 2018	Dec. 31, 2013
Share Repurchases [Line Items]
Total Value of Shares Repurchased	$ 182,745	$ 306,444	$ 303,492
Share Repurchase Programs
Share Repurchases [Line Items]
Shares Repurchased (in shares)	2,542,915	3,434,102	3,319,077
Total Value of Shares Repurchased	$ 182,745	$ 306,444	$ 303,492
2013 Repurchase Program
Share Repurchases [Line Items]
Number of shares authorized to be repurchased (in shares)					15,000,000
2018 Repurchase Program
Share Repurchases [Line Items]
Number of shares authorized to be repurchased (in shares)				15,000,000
Shares remaining for repurchase under authorization (in shares)	7,789,752

COMMITMENTS AND CONTINGENCIES -

COMMITMENTS AND CONTINGENCIES - Defined Contribution Plan Expense, including Matching Contributions (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Commitments and Contingencies Disclosure [Abstract]
Defined contribution plan expense	$ 18,827	$ 42,491	$ 43,172

COMMITMENTS AND CONTINGENCIES_2

COMMITMENTS AND CONTINGENCIES - Narrative (Details)	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Commitments and Contingencies Disclosure [Abstract]
Defined contribution match	6.00%	4.00%
Discretionary profit-sharing contribution		2.00%

ACQUISITIONS - Narrative (Detai

ACQUISITIONS - Narrative (Details) - USD ($)	Mar. 02, 2020	May 22, 2019	Feb. 28, 2019	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Business Acquisition [Line Items]
Total purchase consideration net of cash acquired				$ 223,230,000	$ 59,200,000	$ 5,315,000
Goodwill recorded in acquisition				$ 177,264,000	$ 33,663,000
Prime Distribution
Business Acquisition [Line Items]
Cash consideration for acquisition	$ 222,700,000
Goodwill recorded in acquisition	$ 176,500,000
Dema Service
Business Acquisition [Line Items]
Total purchase consideration net of cash acquired		$ 14,200,000
Goodwill recorded in acquisition		7,800,000
Goodwill recognized for foreign tax purposes		$ 0
Space Cargo
Business Acquisition [Line Items]
Total purchase consideration net of cash acquired			$ 45,500,000
Goodwill recorded in acquisition			26,700,000
Goodwill recognized for foreign tax purposes			$ 0

ACQUISITIONS - Allocation of Pu

ACQUISITIONS - Allocation of Purchase Consideration (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Mar. 02, 2020	Dec. 31, 2019	Dec. 31, 2018
Business Acquisition [Line Items]
Goodwill	$ 1,487,187		$ 1,291,760	$ 1,258,922
Prime Distribution
Business Acquisition [Line Items]
Current assets		$ 8,879
Property and equipment		7,356
Right-of-use lease assets		35,017
Other intangible assets		55,000
Goodwill		176,484
Total assets		282,736
Current liabilities		12,243
Lease liabilities		35,017
Deferred tax liabilities		12,758
Net assets acquired		$ 222,718

ACQUISITIONS - Identifiable Int

ACQUISITIONS - Identifiable Intangible Assets and Estimated Useful Lives (Details) - USD ($) $ in Thousands	Mar. 02, 2020	May 22, 2019	Feb. 28, 2019
Prime Distribution
Business Acquisition [Line Items]
Identifiable intangible assets	$ 55,000
Customer relationships | Prime Distribution
Business Acquisition [Line Items]
Estimated Life (years)	7 years
Identifiable intangible assets	$ 55,000
Customer relationships | Dema Service
Business Acquisition [Line Items]
Estimated Life (years)		7 years
Identifiable intangible assets		$ 4,252
Customer relationships | Space Cargo
Business Acquisition [Line Items]
Estimated Life (years)			7 years
Identifiable intangible assets			$ 16,439

SEGMENT REPORTING - Narrative (

SEGMENT REPORTING - Narrative (Details)	12 Months Ended
	Dec. 31, 2020segment
Segment Reporting [Abstract]
Number of reportable segments (segment)	2

SEGMENT REPORTING - Summary of

SEGMENT REPORTING - Summary of Segment Information (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2020USD ($)employee	Dec. 31, 2019USD ($)employee	Dec. 31, 2018USD ($)employee
Segment Reporting Information [Line Items]
Total revenues	$ 16,207,106	$ 15,309,508	$ 16,631,172
Income (loss) from operations	673,268	789,976	912,083
Depreciation and amortization	101,727	100,449	96,729
Total assets	$ 5,144,258	$ 4,641,060	$ 4,427,412
Average headcount (employee) | employee	15,119	15,551	15,204
NAST
Segment Reporting Information [Line Items]
Total revenues	$ 11,312,553	$ 11,283,692	$ 12,346,757
Income (loss) from operations	508,475	722,763	821,844
Depreciation and amortization	25,314	24,508	25,290
Total assets	$ 2,946,409	$ 2,550,010	$ 2,567,120
Average headcount (employee) | employee	6,811	7,354	7,387
Global Forwarding
Segment Reporting Information [Line Items]
Total revenues	$ 3,100,525	$ 2,327,913	$ 2,487,744
Income (loss) from operations	175,513	80,527	91,626
Depreciation and amortization	34,550	36,720	35,148
Total assets	$ 1,392,411	$ 1,021,592	$ 969,736
Average headcount (employee) | employee	4,708	4,766	4,711
All Other and Corporate
Segment Reporting Information [Line Items]
Total revenues	$ 1,794,028	$ 1,697,903	$ 1,796,671
Income (loss) from operations	(10,720)	(13,314)	(1,387)
Depreciation and amortization	41,863	39,221	36,291
Total assets	$ 805,438	$ 1,069,458	$ 890,556
Average headcount (employee) | employee	3,600	3,431	3,106

SEGMENT REPORTING - Total Reven

SEGMENT REPORTING - Total Revenues Based on Location of the Customer and Long-Lived Assets by Geographic Regions (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Total revenues
Revenues	$ 16,207,106	$ 15,309,508	$ 16,631,172
Long-lived assets
Total long-lived assets	715,371	695,696	405,423
Right-of-use lease assets	319,785	310,860
United States
Total revenues
Revenues	13,896,382	13,143,522	14,370,454
Long-lived assets
Total long-lived assets	551,511	489,129	321,766
Right-of-use lease assets	253,400	216,400
Other locations
Total revenues
Revenues	2,310,724	2,165,986	2,260,718
Long-lived assets
Total long-lived assets	163,860	206,567	$ 83,657
Right-of-use lease assets	$ 66,400	$ 94,400

REVENUE FROM CONTRACTS WITH C_3

REVENUE FROM CONTRACTS WITH CUSTOMERS - Total Revenues Disaggregated by Major Service Line and Timing of Recognition (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Disaggregation of Revenue [Line Items]
Total revenues	$ 16,207,106	$ 15,309,508	$ 16,631,172
NAST
Disaggregation of Revenue [Line Items]
Total revenues	11,312,553	11,283,692	12,346,757
Global Forwarding
Disaggregation of Revenue [Line Items]
Total revenues	3,100,525	2,327,913	2,487,744
All Other and Corporate
Disaggregation of Revenue [Line Items]
Total revenues	1,794,028	1,697,903	1,796,671
Operating Segments | NAST
Disaggregation of Revenue [Line Items]
Total revenues	11,312,553	11,283,692	12,346,757
Operating Segments | Global Forwarding
Disaggregation of Revenue [Line Items]
Total revenues	3,100,525	2,327,913	2,487,744
Operating Segments | All Other and Corporate
Disaggregation of Revenue [Line Items]
Total revenues	1,794,028	1,697,903	1,796,671
Transportation
Disaggregation of Revenue [Line Items]
Total revenues	15,147,562	14,322,295	15,515,921
Transportation | Performance obligations completed over time
Disaggregation of Revenue [Line Items]
Total revenues	15,147,562	14,322,295	15,515,921
Transportation | Operating Segments | NAST | Performance obligations completed over time
Disaggregation of Revenue [Line Items]
Total revenues	11,312,553	11,283,692	12,346,757
Transportation | Operating Segments | Global Forwarding | Performance obligations completed over time
Disaggregation of Revenue [Line Items]
Total revenues	3,100,525	2,327,913	2,487,744
Transportation | Operating Segments | All Other and Corporate | Performance obligations completed over time
Disaggregation of Revenue [Line Items]
Total revenues	734,484	710,690	681,420
Sourcing
Disaggregation of Revenue [Line Items]
Total revenues	1,059,544	987,213	1,115,251
Sourcing | Performance obligations completed at a point in time
Disaggregation of Revenue [Line Items]
Total revenues	1,059,544	987,213	1,115,251
Sourcing | Operating Segments | NAST | Performance obligations completed at a point in time
Disaggregation of Revenue [Line Items]
Total revenues	0	0	0
Sourcing | Operating Segments | Global Forwarding | Performance obligations completed at a point in time
Disaggregation of Revenue [Line Items]
Total revenues	0	0	0
Sourcing | Operating Segments | All Other and Corporate | Performance obligations completed at a point in time
Disaggregation of Revenue [Line Items]
Total revenues	$ 1,059,544	$ 987,213	$ 1,115,251

REVENUE FROM CONTRACTS WITH C_4

REVENUE FROM CONTRACTS WITH CUSTOMERS - Narrative (Details) - Product Concentration Risk - Revenue	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Transportation services
Disaggregation of Revenue [Line Items]
Percentage of revenues attributable to services	91.00%	92.00%	91.00%
Sourcing
Disaggregation of Revenue [Line Items]
Percentage of revenues attributable to services	7.00%	6.00%	7.00%
Value-added logistics services
Disaggregation of Revenue [Line Items]
Percentage of revenues attributable to services	2.00%	2.00%	2.00%

LEASES - Narrative (Details)

LEASES - Narrative (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019	Jan. 01, 2019
Lessee, Lease, Description [Line Items]
Right-of-use assets	$ 319,785	$ 310,860
Lease liabilities	$ 334,746
ASU 2016-02
Lessee, Lease, Description [Line Items]
Right-of-use assets			$ 265,400
Lease liabilities			$ 273,300

LEASES - Lease Data (Details)

LEASES - Lease Data (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Lease Costs
Operating lease expense	$ 86,451	$ 68,489
Short-term lease expense	15,130	11,440
Total lease expense	101,581	79,929
Other Lease Information
Operating cash flows from operating leases	74,177	66,489
Right-of-use lease assets obtained in exchange for new lease liabilities	$ 95,005	$ 101,966
Lease Term and Discount Rate
Weighted average remaining lease term (in years)	6 years 9 months 18 days	7 years 9 months 18 days
Weighted average discount rate (percent)	3.20%	3.40%
Weighted average remaining lease term, excluding Chicago office space (in years)	4 years 8 months 12 days
Chicago office space
Lease Term and Discount Rate
Lease term (in years)			15 years

LEASES - Maturity of Lease Liab

LEASES - Maturity of Lease Liabilities (Details) $ in Thousands	Dec. 31, 2020USD ($)
Maturity of Lease Liabilities
2021	$ 75,624
2022	69,980
2023	57,597
2024	39,547
2025	29,935
Thereafter	104,455
Total lease payments	377,138
Less: Interest	(42,392)
Present value of lease liabilities	$ 334,746

CREDIT LOSSES (Details)

CREDIT LOSSES (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2020USD ($)
Rollforward of Allowance for Credit Loss
Allowance for credit loss, beginning balance	$ 32,838
Provision	16,130
Write-offs	(10,855)
Allowance for credit loss, ending balance	$ 38,113

CHANGES IN ACCUMULATED OTHER _2

CHANGES IN ACCUMULATED OTHER COMPREHENSIVE LOSS (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Stockholders' Equity Note [Abstract]
Accumulated other comprehensive loss	$ 45,998	$ 76,149
Other comprehensive income (loss)	30,151	$ (4,214)	$ (53,475)
Other comprehensive income, related income tax effects	$ 2,500