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GOODWILL AND INTANGIBLE ASSETS (Tables)
6 Months Ended
Jun. 30, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
The following table indicates the allocation of goodwill by reportable segment as of June 30, 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
—  (6) (20) (26) 
June 30, 2020:$715  $410  $2,662  $3,787  
Schedule of Intangible Assets (Excluding Goodwill)
The following is a summary of intangible assets as of June 30, 2020 and December 31, 2019 (in millions):
Gross Carrying
Amount
Accumulated
Amortization
Net Carrying
Value
June 30, 2020:
Capitalized software$4,329  $(2,810) $1,519  
Licenses116  (78) 38  
Franchise rights146  (111) 35  
Customer relationships713  (305) 408  
Trade name200  —  200  
Trademarks, patents and other23  (16)  
Total Intangible Assets, Net$5,527  $(3,320) $2,207  
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