GOODWILL AND INTANGIBLE ASSETS (Tables)

9 Months Ended

Sep. 30, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill

The following table indicates the allocation of goodwill as of September 30, 2022 and December 31, 2021 (in millions):

	U.S. Domestic Package		International Package		Supply Chain Solutions		Consolidated
December 31, 2021:	$	847	$	403	$	2,442	$	3,692
Acquired	—		—		64		64
Currency / Other	—		(32)		(100)		(132)
September 30, 2022:	$	847	$	371	$	2,406	$	3,624

Schedule of Intangible Assets (Excluding Goodwill)

The following is a summary of intangible assets as of September 30, 2022 and December 31, 2021 (in millions):

	Gross Carrying Amount		Accumulated Amortization		Net Carrying Value
September 30, 2022:
Capitalized software	$	5,068	$	(3,427)	$	1,641
Licenses	49		(26)		23
Franchise rights	141		(37)		104
Customer relationships	704		(444)		260
Trade name	67		(7)		60
Trademarks, patents and other	169		(22)		147
Amortizable intangible assets	$	6,198	$	(3,963)	$	2,235
Indefinite-lived intangible assets	204		—		204
Total Intangible Assets, Net	$	6,402	$	(3,963)	$	2,439
December 31, 2021:
Capitalized software	$	4,910	$	(3,275)	$	1,635
Licenses	58		(27)		31
Franchise rights	119		(37)		82
Customer relationships	733		(408)		325
Trade name	67		(1)		66
Trademarks, patents and other	158		(15)		143
Amortizable intangible assets	$	6,045	$	(3,763)	$	2,282
Indefinite-lived intangible assets	204		—		204
Total Intangible Assets, Net	$	6,249	$	(3,763)	$	2,486