Quarterly report [Sections 13 or 15(d)]

TRANSFORMATION STRATEGY COSTS (Tables)

v3.26.1
TRANSFORMATION STRATEGY COSTS (Tables)
 3 Months Ended
Mar. 31, 2026
Restructuring and Related Activities [Abstract]  
Restructuring and Related Costs
The table below presents transformation strategy costs for the three months ended March 31, 2026 and 2025 (in millions):
Three Months Ended
 March 31,
2026 2025
Transformation Strategy Costs:
Compensation and benefits $ 31  $ 24 
Total Other expenses
 24  34 
Total Transformation Strategy Costs
 $ 55  $ 58 
Income Tax Benefit from Transformation Strategy Costs (1)
(13) (14)
After-Tax Transformation Strategy Costs
 $ 42  $ 44 
Transformation strategy costs during the periods presented related to our Transformation 2.0, Fit to Serve, and Network Reconfiguration and Efficiency Reimagined programs. Total costs by program are shown in the table below for the three months ended March 31, 2026 and 2025 (in millions):
Three Months Ended
 March 31,
2026 2025
Transformation Strategy Costs:
Transformation 2.0 $ —  $ 16 
Fit to Serve —  19 
Network Reconfiguration and Efficiency Reimagined
55  23 
Total Transformation Strategy Costs $ 55  $ 58