Quarterly report pursuant to Section 13 or 15(d)

GOODWILL AND INTANGIBLE ASSETS (Tables)

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GOODWILL AND INTANGIBLE ASSETS (Tables)
 9 Months Ended
Sep. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
The following table indicates the allocation of goodwill as of September 30, 2024 and December 31, 2023 (in millions):
U.S. Domestic
Package		 International
Package		 Supply Chain Solutions Consolidated
December 31, 2023: $ 847  $ 503  $ 3,522  $ 4,872 
Acquired —  —  22  22 
Currency / Other —  4  (487) (483)
September 30, 2024: $ 847  $ 507  $ 3,057  $ 4,411 
Schedule of Intangible Assets (Excluding Goodwill)
The following is a summary of intangible assets as of September 30, 2024 and December 31, 2023 (in millions):
Gross Carrying
Amount		 Accumulated
Amortization		 Net Carrying
Value
September 30, 2024:
Capitalized software $ 6,096  $ (4,173) $ 1,923 
Licenses 48  (25) 23 
Franchise rights 348  (56) 292 
Customer relationships 702  (203) 499 
Trade name 109  (23) 86 
Trademarks, patents and other 370  (89) 281 
Amortizable intangible assets $ 7,673  $ (4,569) $ 3,104 
Indefinite-lived intangible assets 4  —  4 
Total Intangible Assets, Net $ 7,677  $ (4,569) $ 3,108 
December 31, 2023:
Capitalized software $ 5,839  $ (3,900) $ 1,939 
Licenses 30  (7) 23 
Franchise rights 291  (49) 242 
Customer relationships 1,115  (516) 599 
Trade name 172  (30) 142 
Trademarks, patents and other 320  (53) 267 
Amortizable intangible assets $ 7,767  $ (4,555) $ 3,212 
Indefinite-lived intangible assets 93  —  93 
Total Intangible Assets, Net $ 7,860  $ (4,555) $ 3,305