Quarterly report pursuant to Section 13 or 15(d)

TRANSFORMATION STRATEGY x (Tables)

v3.22.2
TRANSFORMATION STRATEGY x (Tables)
6 Months Ended
Jun. 30, 2022
Restructuring and Related Activities [Abstract]  
Restructuring and Related Costs The table below presents transformation strategy costs for the three and six months ended June 30, 2022 and 2021 (in millions):
Three Months Ended
 June 30,
Six Months Ended
 June 30,
2022 2021 2022 2021
Transformation Strategy Costs:
Compensation and benefits $ 23  $ 55  $ 56  $ 131 
Total other expenses 18  61  40  103 
Total Transformation Strategy Costs $ 41  $ 116  $ 96  $ 234 
Income Tax Benefit from Transformation Strategy Costs (10) (28) (22) (56)
After Tax Transformation Strategy Costs $ 31  $ 88  $ 74  $ 178