Quarterly report pursuant to Section 13 or 15(d)

TRANSFORMATION STRATEGY COSTS (Tables)

v3.23.2
TRANSFORMATION STRATEGY COSTS (Tables)
6 Months Ended
Jun. 30, 2023
Restructuring and Related Activities [Abstract]  
Restructuring and Related Costs
The table below presents transformation strategy costs for the three and six months ended June 30, 2023 and 2022 (in millions):
Three Months Ended
 June 30,
Six Months Ended
 June 30,
2023 2022 2023 2022
Transformation Strategy Costs:
Compensation and benefits $ 109  $ 23  $ 97  $ 56 
Total other expenses 30  18  45  40 
Total Transformation Strategy Costs $ 139  $ 41  $ 142  $ 96 
Income Tax Benefit from Transformation Strategy Costs (33) (10) (33) (22)
After-Tax Transformation Strategy Costs $ 106  $ 31  $ 109  $ 74