Quarterly report pursuant to Section 13 or 15(d)

TRANSFORMATION STRATEGY x (Tables)

v3.21.2
TRANSFORMATION STRATEGY x (Tables)
9 Months Ended
Sep. 30, 2021
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, 2021 and 2020 (in millions):
Three Months Ended
September 30,
Nine Months Ended
September 30,
2021 2020 2021 2020
Transformation Strategy Costs:
Compensation and benefits $ 33  $ 18  $ 164  $ 111 
Total other expenses 41  26  144  90 
Total Transformation Strategy Costs $ 74  $ 44  $ 308  $ 201 
Income Tax Benefit from Transformation Strategy Costs (20) (11) (76) (50)
After Tax Transformation Strategy Costs $ 54  $ 33  $ 232  $ 151