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BUSINESS ACQUISITIONS, GOODWILL AND INTANGIBLE ASSETS (Tables)
 12 Months Ended
Dec. 31, 2012
Business Combinations [Abstract]  
Allocation of Goodwill by Reportable Segment
The following table indicates the allocation of goodwill by reportable segment (in millions):
 
U.S. Domestic
Package
 
International
Package
 
Supply Chain &
Freight
 
Consolidated
Balance on January 1, 2011
$
—

 
$
377

 
$
1,704

 
$
2,081

Acquired
—

 
—

 
46

 
46

Currency / Other
—

 
(16
)
 
(10
)
 
(26
)
Balance on December 31, 2011
$
—

 
$
361

 
$
1,740

 
$
2,101

Acquired
—

 
67

 
—

 
67

Currency / Other
—

 
2

 
3

 
5

Balance on December 31, 2012
$
—

 
$
430

 
$
1,743

 
$
2,173
Summary of Intangible Assets
The following is a summary of intangible assets at December 31, 2012 and 2011 (in millions):
 
Gross Carrying
Amount
 
Accumulated
Amortization
 
Net Carrying
Value
 
Weighted-
Average
Amortization
Period
(in years)
December 31, 2012
 
 
 
 
 
 
 
Trademarks, licenses, patents, and other
$
163

 
$
(80
)
 
$
83

 
5.5
Customer lists
131

 
(79
)
 
52

 
11.5
Franchise rights
117

 
(64
)
 
53

 
20.0
Capitalized software
2,197

 
(1,782
)
 
415

 
3.1
Total Intangible Assets, Net
$
2,608

 
$
(2,005
)
 
$
603

 
4.4
December 31, 2011
 
 
 
 
 
 
 
Trademarks, licenses, patents, and other
$
146

 
$
(54
)
 
$
92

 
 
Customer lists
120

 
(66
)
 
54

 
 
Franchise rights
109

 
(58
)
 
51

 
 
Capitalized software
2,014

 
(1,626
)
 
388

 
 
Total Intangible Assets, Net
$
2,389

 
$
(1,804
)
 
$
585