REVENUE (Tables)

12 Months Ended

Dec. 31, 2023

Revenue from Contract with Customer [Abstract]

Schedule of Revenue from External Customers by Geographic Areas

The following tables disaggregate our revenue recognized by primary geographical market by our business segments and by industry for SCS. Refer to Note 3, “Segment Reporting”, for the disaggregation of our revenue by major product/service lines.

Primary Geographical Markets

	Year ended December 31, 2023
(In millions)	FMS		SCS		DTS		Eliminations		Total
United States	$	5,616	$	4,295	$	1,785	$	(764)	$	10,932
Canada	314		267		—		(43)		538
Mexico	—		313		—		—		313
Total revenue	$	5,930	$	4,875	$	1,785	$	(807)	$	11,783

	Year ended December 31, 2022
(In millions)	FMS		SCS		DTS		Eliminations		Total
United States	$	5,858	$	4,209	$	1,786	$	(780)	$	11,073
Canada	319		251		—		(42)		528
Europe (1)	150		—		—		—		150
Mexico	—		260		—		—		260
Total revenue	$	6,327	$	4,720	$	1,786	$	(822)	$	12,011

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(1)Refer to Note 20, "Other Items Impacting Comparability", for further information on the exit of the FMS U.K. business.

	Year ended December 31, 2021
(In millions)	FMS		SCS		DTS		Eliminations		Total
United States	$	5,116	$	2,706	$	1,457	$	(600)	$	8,679
Canada	302		230		—		(29)		503
Europe (1)	262		—		—		—		262
Mexico	—		219		—		—		219
Total revenue	$	5,680	$	3,155	$	1,457	$	(629)	$	9,663

Schedule of Disaggregation of Revenue

This new vertical includes retail, e-commerce, last mile services, and technology. Our SCS business segment included revenue from the following industries:

	Years ended December 31,
(In millions)	2023		2022		2021
Omnichannel retail	$	1,757	$	1,861	$	1,017
Automotive	1,600		1,523		1,185
Consumer packaged goods	965		845		654
Industrial and other	553		491		299
Total SCS revenue	$	4,875	$	4,720	$	3,155

Schedule of Changes in Contract Liability

The following table includes the changes in deferred revenue due to the collection and deferral of cash or the satisfaction of our performance obligation under the contract:

	Years ended December 31,
(In millions)	2023		2022		2021
Balance as of beginning of period	$	544	$	594	$	630
Recognized as revenue during period from beginning balance	(166)		(181)		(183)
Consideration deferred during period, net	168		140		145
Foreign currency translation adjustment and other	(1)		(9)		2
Balance as of end of period	$	545	$	544	$	594