GOODWILL AND INTANGIBLE ASSETS (Tables)
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6 Months Ended |
Jun. 30, 2026 |
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| Intangible Asset, Goodwill and Other [Abstract] |
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| Goodwill |
The following table indicates the allocation of goodwill as of June 30, 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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(12) |
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(55) |
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(67) |
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Balance as of June 30, 2026 |
$ |
847 |
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$ |
584 |
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$ |
4,339 |
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$ |
5,770 |
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| Intangible Asset, Finite-Lived |
The following table summarizes intangible assets as of June 30, 2026 and December 31, 2025 (in millions):
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Gross Carrying
Amount |
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Accumulated
Amortization |
|
Net Carrying
Value |
June 30, 2026: |
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| Capitalized software |
$ |
7,148 |
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|
$ |
(4,855) |
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|
$ |
2,293 |
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| Customer relationships |
1,390 |
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(337) |
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|
1,053 |
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| Trademarks, patents and other |
370 |
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(178) |
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|
192 |
|
| Franchise rights |
378 |
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(73) |
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|
305 |
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| Trade name |
116 |
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(48) |
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|
68 |
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| Licenses |
86 |
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(48) |
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|
38 |
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| Amortizable intangible assets |
$ |
9,488 |
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|
$ |
(5,539) |
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|
$ |
3,949 |
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| Indefinite-lived intangible assets |
5 |
|
|
— |
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|
5 |
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Total Intangible Assets |
$ |
9,493 |
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|
$ |
(5,539) |
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|
$ |
3,954 |
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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 |
|
|
(68) |
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|
314 |
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| Trade name |
116 |
|
|
(39) |
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|
77 |
|
| Licenses |
88 |
|
|
(39) |
|
|
49 |
|
| Amortizable intangible assets |
$ |
9,202 |
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|
$ |
(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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| Intangible Asset, Indefinite-Lived |
The following table summarizes intangible assets as of June 30, 2026 and December 31, 2025 (in millions):
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|
Gross Carrying
Amount |
|
Accumulated
Amortization |
|
Net Carrying
Value |
June 30, 2026: |
|
|
|
|
|
| Capitalized software |
$ |
7,148 |
|
|
$ |
(4,855) |
|
|
$ |
2,293 |
|
| Customer relationships |
1,390 |
|
|
(337) |
|
|
1,053 |
|
| Trademarks, patents and other |
370 |
|
|
(178) |
|
|
192 |
|
| Franchise rights |
378 |
|
|
(73) |
|
|
305 |
|
| Trade name |
116 |
|
|
(48) |
|
|
68 |
|
| Licenses |
86 |
|
|
(48) |
|
|
38 |
|
| Amortizable intangible assets |
$ |
9,488 |
|
|
$ |
(5,539) |
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|
$ |
3,949 |
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| Indefinite-lived intangible assets |
5 |
|
|
— |
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|
5 |
|
Total Intangible Assets |
$ |
9,493 |
|
|
$ |
(5,539) |
|
|
$ |
3,954 |
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December 31, 2025: |
|
|
|
|
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| 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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