Quarterly report pursuant to Section 13 or 15(d)

TRANSFORMATION STRATEGY x (Tables)

v3.21.2
TRANSFORMATION STRATEGY x (Tables)
6 Months Ended
Jun. 30, 2021
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, 2021 and 2020 (in millions):
Three Months Ended
June 30,
Six Months Ended
June 30,
2021 2020 2021 2020
Transformation Strategy Costs:
Compensation and benefits $ 55  $ 81  $ 131  $ 93 
Total other expenses 61  31  103  64 
Total Transformation Strategy Costs $ 116  $ 112  $ 234  $ 157 
Income Tax Benefit from Transformation Strategy Costs (28) (29) (56) (39)
After Tax Transformation Strategy Costs $ 88  $ 83  $ 178  $ 118