Quarterly report pursuant to Section 13 or 15(d)

GOODWILL AND INTANGIBLE ASSETS (Tables)

v3.21.2
GOODWILL AND INTANGIBLE ASSETS (Tables)
 6 Months Ended
Jun. 30, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill The following table indicates the allocation of goodwill by reportable segment as of June 30, 2021 and December 31, 2020 (in millions):
U.S. Domestic
Package		 International
Package		 Supply Chain Solutions Consolidated
December 31, 2020: $ 715  $ 422  $ 2,230  $ 3,367 
Acquired —  —  —  — 
Currency / Other
 —  (7) (3) (10)
June 30, 2021: $ 715  $ 415  $ 2,227  $ 3,357 
Schedule of Intangible Assets (Excluding Goodwill) The following is a summary of intangible assets as of June 30, 2021 and December 31, 2020 (in millions):
Gross Carrying
Amount		 Accumulated
Amortization		 Net Carrying
Value
June 30, 2021:
Capitalized software $ 4,689  $ (3,111) $ 1,578 
Licenses 101  (52) 49 
Franchise rights 170  (115) 55 
Customer relationships 728  (378) 350 
Trade name 200  —  200 
Trademarks, patents and other 22  (16) 6 
Total Intangible Assets, Net $ 5,910  $ (3,672) $ 2,238 
December 31, 2020:
Capitalized software $ 4,531  $ (2,962) $ 1,569 
Licenses 100  (37) 63 
Franchise rights 165  (113) 52 
Customer relationships 729  (344) 385 
Trade name 200  —  200 
Trademarks, patents and other 18  (13) 5 
Total Intangible Assets, Net $ 5,743  $ (3,469) $ 2,274