GOODWILL AND INTANGIBLE ASSETS (Tables)
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9 Months Ended |
Sep. 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 September 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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| Impairments |
— |
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|
— |
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(182) |
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|
(182) |
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| Currency / Other |
— |
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(12) |
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(53) |
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(65) |
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Balance as of September 30, 2026 |
$ |
847 |
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|
$ |
584 |
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|
$ |
4,159 |
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$ |
5,590 |
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| Intangible Asset, Finite-Lived |
The following table summarizes intangible assets as of September 30, 2026 and December 31, 2025 (in millions):
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Gross Carrying
Amount |
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Accumulated
Amortization |
|
Net Carrying
Value |
September 30, 2026: |
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| Capitalized software |
$ |
7,326 |
|
|
$ |
(4,990) |
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|
$ |
2,336 |
|
| Customer relationships |
1,391 |
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(362) |
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|
1,029 |
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| Trademarks, patents and other |
364 |
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|
(187) |
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|
177 |
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| Franchise rights |
389 |
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|
(78) |
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|
311 |
|
| Trade name |
115 |
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(50) |
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|
65 |
|
| Licenses |
85 |
|
|
(55) |
|
|
30 |
|
| Amortizable intangible assets |
$ |
9,670 |
|
|
$ |
(5,722) |
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|
$ |
3,948 |
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| Indefinite-lived intangible assets |
5 |
|
|
— |
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|
5 |
|
Total Intangible Assets |
$ |
9,675 |
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|
$ |
(5,722) |
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|
$ |
3,953 |
|
December 31, 2025: |
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| Capitalized software |
$ |
6,810 |
|
|
$ |
(4,593) |
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|
$ |
2,217 |
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| Customer relationships |
1,438 |
|
|
(293) |
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|
1,145 |
|
| Trademarks, patents and other |
368 |
|
|
(154) |
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|
214 |
|
| Franchise rights |
382 |
|
|
(68) |
|
|
314 |
|
| Trade name |
116 |
|
|
(39) |
|
|
77 |
|
| Licenses |
88 |
|
|
(39) |
|
|
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 |
|
Total Intangible Assets |
$ |
9,207 |
|
|
$ |
(5,186) |
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|
$ |
4,021 |
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|
| Intangible Asset, Indefinite-Lived |
The following table summarizes intangible assets as of September 30, 2026 and December 31, 2025 (in millions):
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|
|
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|
|
Gross Carrying
Amount |
|
Accumulated
Amortization |
|
Net Carrying
Value |
September 30, 2026: |
|
|
|
|
|
| Capitalized software |
$ |
7,326 |
|
|
$ |
(4,990) |
|
|
$ |
2,336 |
|
| Customer relationships |
1,391 |
|
|
(362) |
|
|
1,029 |
|
| Trademarks, patents and other |
364 |
|
|
(187) |
|
|
177 |
|
| Franchise rights |
389 |
|
|
(78) |
|
|
311 |
|
| Trade name |
115 |
|
|
(50) |
|
|
65 |
|
| Licenses |
85 |
|
|
(55) |
|
|
30 |
|
| Amortizable intangible assets |
$ |
9,670 |
|
|
$ |
(5,722) |
|
|
$ |
3,948 |
|
| Indefinite-lived intangible assets |
5 |
|
|
— |
|
|
5 |
|
Total Intangible Assets |
$ |
9,675 |
|
|
$ |
(5,722) |
|
|
$ |
3,953 |
|
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 |
|
| Indefinite-lived intangible assets |
5 |
|
|
— |
|
|
5 |
|
Total Intangible Assets |
$ |
9,207 |
|
|
$ |
(5,186) |
|
|
$ |
4,021 |
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