GOODWILL AND INTANGIBLE ASSETS (Tables)
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3 Months Ended |
Mar. 31, 2026 |
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| Goodwill and Intangible Assets Disclosure [Abstract] |
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| Schedule of Goodwill |
The following table indicates the allocation of goodwill as of March 31, 2026 and December 31, 2025 (in millions):
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U.S. Domestic
Package |
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International
Package |
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SCS |
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Consolidated |
| 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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| Currency / Other |
— |
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(8) |
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|
(33) |
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|
(41) |
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Balance as of March 31, 2026 |
$ |
847 |
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|
$ |
588 |
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|
$ |
4,361 |
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$ |
5,796 |
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| Schedule of Finite-Lived Intangible Assets |
The following table summarizes intangible assets as of March 31, 2026 and December 31, 2025 (in millions):
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Gross Carrying
Amount |
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Accumulated
Amortization |
|
Net Carrying
Value |
| March 31, 2026: |
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| Capitalized software |
$ |
6,963 |
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|
$ |
(4,717) |
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|
$ |
2,246 |
|
| Customer relationships |
1,416 |
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(317) |
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|
1,099 |
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| Trademarks, patents and other |
369 |
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(165) |
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|
204 |
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| Franchise rights |
377 |
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(68) |
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|
309 |
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| Trade name |
116 |
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(42) |
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|
74 |
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| Licenses |
90 |
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(46) |
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|
44 |
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| Amortizable intangible assets |
$ |
9,331 |
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|
$ |
(5,355) |
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|
$ |
3,976 |
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| Indefinite-lived intangible assets |
5 |
|
|
— |
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|
5 |
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Total Intangible Assets |
$ |
9,336 |
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|
$ |
(5,355) |
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|
$ |
3,981 |
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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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| Customer relationships |
1,438 |
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(293) |
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|
1,145 |
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| Trademarks, patents and other |
368 |
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(154) |
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|
214 |
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| Franchise rights |
382 |
|
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(68) |
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|
314 |
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| Trade name |
116 |
|
|
(39) |
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|
77 |
|
| Licenses |
88 |
|
|
(39) |
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|
49 |
|
| Amortizable intangible assets |
$ |
9,202 |
|
|
$ |
(5,186) |
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|
$ |
4,016 |
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| 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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| Schedule of Indefinite-Lived Intangible Assets |
The following table summarizes intangible assets as of March 31, 2026 and December 31, 2025 (in millions):
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|
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|
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|
Gross Carrying
Amount |
|
Accumulated
Amortization |
|
Net Carrying
Value |
| March 31, 2026: |
|
|
|
|
|
| Capitalized software |
$ |
6,963 |
|
|
$ |
(4,717) |
|
|
$ |
2,246 |
|
| Customer relationships |
1,416 |
|
|
(317) |
|
|
1,099 |
|
| Trademarks, patents and other |
369 |
|
|
(165) |
|
|
204 |
|
| Franchise rights |
377 |
|
|
(68) |
|
|
309 |
|
| Trade name |
116 |
|
|
(42) |
|
|
74 |
|
| Licenses |
90 |
|
|
(46) |
|
|
44 |
|
| Amortizable intangible assets |
$ |
9,331 |
|
|
$ |
(5,355) |
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|
$ |
3,976 |
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| Indefinite-lived intangible assets |
5 |
|
|
— |
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|
5 |
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Total Intangible Assets |
$ |
9,336 |
|
|
$ |
(5,355) |
|
|
$ |
3,981 |
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December 31, 2025: |
|
|
|
|
|
| Capitalized software |
$ |
6,810 |
|
|
$ |
(4,593) |
|
|
$ |
2,217 |
|
| Customer relationships |
1,438 |
|
|
(293) |
|
|
1,145 |
|
| Trademarks, patents and other |
368 |
|
|
(154) |
|
|
214 |
|
| Franchise rights |
382 |
|
|
(68) |
|
|
314 |
|
| Trade name |
116 |
|
|
(39) |
|
|
77 |
|
| Licenses |
88 |
|
|
(39) |
|
|
49 |
|
| Amortizable intangible assets |
$ |
9,202 |
|
|
$ |
(5,186) |
|
|
$ |
4,016 |
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| Indefinite-lived intangible assets |
5 |
|
|
— |
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|
5 |
|
Total Intangible Assets |
$ |
9,207 |
|
|
$ |
(5,186) |
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|
$ |
4,021 |
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