Quarterly report pursuant to Section 13 or 15(d)

TRANSFORMATION STRATEGY x (Tables)

v3.19.3
TRANSFORMATION STRATEGY x (Tables)
 9 Months Ended
Sep. 30, 2019
Restructuring and Related Activities [Abstract]  
Restructuring and Related Costs
The table below presents the transformation strategy costs for the three and nine months ended September 30, 2019 and 2018 (in millions):
 
 
Three Months Ended
September 30,
 
Nine Months Ended
September 30,
 
 
2019
 
2018
 
2019
 
2018
Transformation Strategy Costs:
 
 
 
 
 
 
 
 
Compensation and benefits
 
$
41

 
$
70

 
$
149

 
$
262

Total other expenses
 
22

 
27

 
58

 
98

Total Transformation Strategy Costs
 
$
63

 
$
97

 
$
207

 
$
360

 
 
 
 
 
 
 
 
 
Income Tax Benefit from Transformation Strategy Costs
 
(16
)
 
(24
)
 
(50
)
 
(87
)
After Tax Transformation Strategy Costs
 
$
47

 
$
73

 
$
157

 
$
273