Quarterly report [Sections 13 or 15(d)]

GOODWILL AND INTANGIBLE ASSETS (Tables)

v3.25.1
GOODWILL AND INTANGIBLE ASSETS (Tables)
 3 Months Ended
Mar. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
The following table indicates the allocation of goodwill as of March 31, 2025 and December 31, 2024 (in millions):
U.S. Domestic
Package		 International
Package		 Supply Chain Solutions Consolidated
December 31, 2024: $ 847  $ 487  $ 2,966  $ 4,300 
Acquired —  —  342  342 
Currency / Other —  9  40  49 
March 31, 2025: $ 847  $ 496  $ 3,348  $ 4,691 
Schedule of Intangible Assets (Excluding Goodwill)
The following is a summary of intangible assets as of March 31, 2025 and December 31, 2024 (in millions):
Gross Carrying
Amount		 Accumulated
Amortization		 Net Carrying
Value
March 31, 2025:
Capitalized software $ 6,267  $ (4,315) $ 1,952 
Licenses 88  (20) 68 
Franchise rights 388  (60) 328 
Customer relationships 837  (226) 611 
Trade name 110  (29) 81 
Trademarks, patents and other 373  (116) 257 
Amortizable intangible assets $ 8,063  $ (4,766) $ 3,297 
Indefinite-lived intangible assets 4  —  4 
Total Intangible Assets
 $ 8,067  $ (4,766) $ 3,301 
December 31, 2024:
Capitalized software $ 6,088  $ (4,159) $ 1,929 
Licenses 30  (12) 18 
Franchise rights 348  (55) 293 
Customer relationships 677  (206) 471 
Trade name 109  (26) 83 
Trademarks, patents and other 369  (103) 266 
Amortizable intangible assets $ 7,621  $ (4,561) $ 3,060 
Indefinite-lived intangible assets 4  —  4 
Total Intangible Assets
 $ 7,625  $ (4,561) $ 3,064