Quarterly report pursuant to Section 13 or 15(d)

GOODWILL AND INTANGIBLE ASSETS (Tables)

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GOODWILL AND INTANGIBLE ASSETS (Tables)
 9 Months Ended
Sep. 30, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill The following table indicates the allocation of goodwill as of September 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
 —  (12) (23) (35)
September 30, 2021: $ 715  $ 410  $ 2,207  $ 3,332 
Schedule of Intangible Assets (Excluding Goodwill) The following is a summary of intangible assets as of September 30, 2021 and December 31, 2020 (in millions):
Gross Carrying
Amount		 Accumulated
Amortization		 Net Carrying
Value
September 30, 2021:
Capitalized software $ 4,785  $ (3,197) $ 1,588 
Licenses 101  (59) 42 
Franchise rights 177  (116) 61 
Customer relationships 722  (393) 329 
Trade name 200  —  200 
Trademarks, patents and other 22  (18) 4 
Total Intangible Assets, Net $ 6,007  $ (3,783) $ 2,224 
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