Quarterly report pursuant to Section 13 or 15(d)

TRANSFORMATION STRATEGY x (Tables)

v3.21.1
TRANSFORMATION STRATEGY x (Tables)
3 Months Ended
Mar. 31, 2021
Restructuring and Related Activities [Abstract]  
Restructuring and Related Costs
The table below presents the transformation strategy costs for the three months ended March 31, 2021 and 2020 (in millions):
Three Months Ended
March 31,
2021 2020
Transformation Strategy Costs:
Compensation and benefits $ 76  $ 12 
Total other expenses 42  33 
Total Transformation Strategy Costs $ 118  $ 45 
Income Tax Benefit from Transformation Strategy Costs (28) (10)
After Tax Transformation Strategy Costs $ 90  $ 35