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GOODWILL AND INTANGIBLE ASSETS (Tables)
3 Months Ended
Mar. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
The following table indicates the allocation of goodwill by reportable segment as of March 31, 2020 and December 31, 2019 (in millions):
U.S. Domestic
Package
International
Package
Supply Chain &
Freight
Consolidated
December 31, 2019:$715  $416  $2,682  $3,813  
Acquired—  —  —  —  
Currency / Other
—  (7) (30) (37) 
March 31, 2020:$715  $409  $2,652  $3,776  
Schedule of Intangible Assets (Excluding Goodwill)
The following is a summary of intangible assets as of March 31, 2020 and December 31, 2019 (in millions):
Gross Carrying
Amount
Accumulated
Amortization
Net Carrying
Value
March 31, 2020:
Capitalized software$4,198  $(2,734) $1,464  
Licenses115  (71) 44  
Franchise rights146  (110) 36  
Customer relationships710  (287) 423  
Trade name200  —  200  
Trademarks, patents and other24  (15)  
Total Intangible Assets, Net$5,393  $(3,217) $2,176  
December 31, 2019:
Capitalized software$4,125  $(2,704) $1,421  
Licenses117  (64) 53  
Franchise rights146  (109) 37  
Customer relationships730  (282) 448  
Trade name200  —  200  
Trademarks, patents and other29  (21)  
Total Intangible Assets, Net$5,347  $(3,180) $2,167