Quarterly report pursuant to Section 13 or 15(d)

TRANSFORMATION STRATEGY x (Tables)

v3.20.2
TRANSFORMATION STRATEGY x (Tables)
9 Months Ended
Sep. 30, 2020
Restructuring and Related Activities [Abstract]  
Restructuring and Related Costs
The table below presents the transformation strategy costs for the three and nine months ended September 30, 2020 and 2019 (in millions):
Three Months Ended
September 30,
Nine Months Ended
September 30,
2020 2019 2020 2019
Transformation Strategy Costs:
Compensation and benefits $ 18  $ 41  $ 111  $ 149 
Total other expenses 26  22  90  58 
Total Transformation Strategy Costs $ 44  $ 63  $ 201  $ 207 
Income Tax Benefit from Transformation Strategy Costs (11) (16) (50) (50)
After Tax Transformation Strategy Costs $ 33  $ 47  $ 151  $ 157