GOODWILL AND INTANGIBLE ASSETS (Tables)
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12 Months Ended |
Dec. 31, 2025 |
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| Goodwill and Intangible Assets Disclosure [Abstract] |
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| Allocation of Goodwill by Reportable Segment |
The following table indicates the allocation of goodwill (in millions):
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U.S. Domestic
Package |
|
International
Package |
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Supply Chain
Solutions |
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Consolidated |
Balance as of January 1, 2024 |
$ |
847 |
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|
$ |
503 |
|
|
$ |
3,522 |
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|
$ |
4,872 |
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| Acquired |
— |
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|
— |
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|
4 |
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|
4 |
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| Divestiture |
— |
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|
— |
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|
(495) |
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|
(495) |
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| Currency / Other |
— |
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|
(16) |
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|
(65) |
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|
(81) |
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| Balance as of December 31, 2024 |
$ |
847 |
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|
$ |
487 |
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|
$ |
2,966 |
|
|
$ |
4,300 |
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| Acquired |
— |
|
|
79 |
|
|
1,265 |
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|
1,344 |
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| Currency / Other |
— |
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|
30 |
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|
163 |
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|
193 |
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| Balance as of December 31, 2025 |
$ |
847 |
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|
$ |
596 |
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$ |
4,394 |
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|
$ |
5,837 |
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| Schedule of Finite-Lived Intangible Assets |
The following is a summary of intangible assets as of December 31, 2025 and 2024 (in millions):
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Gross Carrying
Amount |
|
Accumulated
Amortization |
|
Net Carrying
Value |
|
Weighted-Average
Amortization
Period
(in years) |
| December 31, 2025 |
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| Capitalized software |
$ |
6,810 |
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|
$ |
(4,593) |
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|
$ |
2,217 |
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|
6.9 |
| Customer relationships |
1,438 |
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(293) |
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|
1,145 |
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|
14.3 |
| Trademarks, patents and other |
368 |
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(154) |
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|
214 |
|
|
7.6 |
| Franchise rights |
382 |
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(68) |
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|
314 |
|
|
20.0 |
| Trade name |
116 |
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(39) |
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|
77 |
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|
9.5 |
| Licenses |
88 |
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(39) |
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|
49 |
|
|
3.4 |
| Amortizable intangible assets |
$ |
9,202 |
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|
$ |
(5,186) |
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|
$ |
4,016 |
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|
8.6 |
| Indefinite-lived intangible assets |
5 |
|
|
— |
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|
5 |
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| Total Intangible Assets |
$ |
9,207 |
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|
$ |
(5,186) |
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|
$ |
4,021 |
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| December 31, 2024 |
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| Capitalized software |
$ |
6,088 |
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|
$ |
(4,159) |
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$ |
1,929 |
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| Customer relationships |
677 |
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(206) |
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|
471 |
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|
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| Trademarks, patents and other |
369 |
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(103) |
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|
266 |
|
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| Franchise rights |
348 |
|
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(55) |
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|
293 |
|
|
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| Trade name |
109 |
|
|
(26) |
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|
83 |
|
|
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| Licenses |
30 |
|
|
(12) |
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|
18 |
|
|
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| Amortizable intangible assets |
$ |
7,621 |
|
|
$ |
(4,561) |
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|
$ |
3,060 |
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| Indefinite-lived intangible assets |
4 |
|
|
— |
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|
4 |
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| Total Intangible Assets |
$ |
7,625 |
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|
$ |
(4,561) |
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|
$ |
3,064 |
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| Schedule of Indefinite-Lived Intangible Assets |
The following is a summary of intangible assets as of December 31, 2025 and 2024 (in millions):
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|
Gross Carrying
Amount |
|
Accumulated
Amortization |
|
Net Carrying
Value |
|
Weighted-Average
Amortization
Period
(in years) |
| December 31, 2025 |
|
|
|
|
|
|
|
| Capitalized software |
$ |
6,810 |
|
|
$ |
(4,593) |
|
|
$ |
2,217 |
|
|
6.9 |
| Customer relationships |
1,438 |
|
|
(293) |
|
|
1,145 |
|
|
14.3 |
| Trademarks, patents and other |
368 |
|
|
(154) |
|
|
214 |
|
|
7.6 |
| Franchise rights |
382 |
|
|
(68) |
|
|
314 |
|
|
20.0 |
| Trade name |
116 |
|
|
(39) |
|
|
77 |
|
|
9.5 |
| Licenses |
88 |
|
|
(39) |
|
|
49 |
|
|
3.4 |
| Amortizable intangible assets |
$ |
9,202 |
|
|
$ |
(5,186) |
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|
$ |
4,016 |
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|
8.6 |
| Indefinite-lived intangible assets |
5 |
|
|
— |
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|
5 |
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| Total Intangible Assets |
$ |
9,207 |
|
|
$ |
(5,186) |
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|
$ |
4,021 |
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| December 31, 2024 |
|
|
|
|
|
|
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| Capitalized software |
$ |
6,088 |
|
|
$ |
(4,159) |
|
|
$ |
1,929 |
|
|
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| Customer relationships |
677 |
|
|
(206) |
|
|
471 |
|
|
|
| Trademarks, patents and other |
369 |
|
|
(103) |
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|
266 |
|
|
|
| Franchise rights |
348 |
|
|
(55) |
|
|
293 |
|
|
|
| Trade name |
109 |
|
|
(26) |
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|
83 |
|
|
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| Licenses |
30 |
|
|
(12) |
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|
18 |
|
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| Amortizable intangible assets |
$ |
7,621 |
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|
$ |
(4,561) |
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|
$ |
3,060 |
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| Indefinite-lived intangible assets |
4 |
|
|
— |
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|
4 |
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| Total Intangible Assets |
$ |
7,625 |
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|
$ |
(4,561) |
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$ |
3,064 |
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