Quarterly report pursuant to Section 13 or 15(d)

TRANSFORMATION STRATEGY x (Tables)

v3.20.2
TRANSFORMATION STRATEGY x (Tables)
6 Months Ended
Jun. 30, 2020
Restructuring and Related Activities [Abstract]  
Restructuring and Related Costs
The table below presents the transformation strategy costs for the three and six months ended June 30, 2020 and 2019 (in millions):
Three Months Ended
June 30,
Six Months Ended
June 30,
2020 2019 2020 2019
Transformation Strategy Costs:
Compensation and benefits $ 81    $   $ 93    $ 108   
Total other expenses 31    19    64    36   
Total Transformation Strategy Costs $ 112    $ 21    $ 157    $ 144   
Income Tax Benefit from Transformation Strategy Costs (29)   (4)   (39)   (34)  
After Tax Transformation Strategy Costs $ 83    $ 17    $ 118    $ 110