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BUSINESS ACQUISITIONS, GOODWILL AND INTANGIBLE ASSETS (Tables)
12 Months Ended
Dec. 31, 2013
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, 2012
$

 
$
361

 
$
1,740

 
$
2,101

Acquired

 
67

 

 
67

Currency / Other

 
2

 
3

 
5

Balance on December 31, 2012
$

 
$
430

 
$
1,743

 
$
2,173

Acquired

 
3

 
20

 
23

Currency / Other

 
(13
)
 
7

 
(6
)
Balance on December 31, 2013
$

 
$
420

 
$
1,770

 
$
2,190

Summary of Intangible Assets
The following is a summary of intangible assets at December 31, 2013 and 2012 (in millions):
 
Gross Carrying
Amount
 
Accumulated
Amortization
 
Net Carrying
Value
 
Weighted-
Average
Amortization
Period
(in years)
December 31, 2013
 
 
 
 
 
 
 
Trademarks, licenses, patents, and other
$
257

 
$
(108
)
 
$
149

 
6.2
Customer lists
118

 
(62
)
 
56

 
12.8
Franchise rights
117

 
(70
)
 
47

 
20.0
Capitalized software
2,420

 
(1,897
)
 
523

 
5.0
Total Intangible Assets, Net
$
2,912

 
$
(2,137
)
 
$
775

 
6.0
December 31, 2012
 
 
 
 
 
 
 
Trademarks, licenses, patents, and other
$
163

 
$
(80
)
 
$
83

 
 
Customer lists
131

 
(79
)
 
52

 
 
Franchise rights
117

 
(64
)
 
53

 
 
Capitalized software
2,197

 
(1,782
)
 
415

 
 
Total Intangible Assets, Net
$
2,608

 
$
(2,005
)
 
$
603