Quarterly report pursuant to Section 13 or 15(d)

TRANSFORMATION STRATEGY COSTS (Tables)

v3.23.3
TRANSFORMATION STRATEGY COSTS (Tables)
9 Months Ended
Sep. 30, 2023
Restructuring and Related Activities [Abstract]  
Restructuring and Related Costs
The table below presents transformation strategy costs for the three and nine months ended September 30, 2023 and 2022 (in millions):
Three Months Ended
 September 30,
Nine Months Ended
 September 30,
2023 2022 2023 2022
Transformation Strategy Costs:
Compensation and benefits $ 80  $ 15  $ 178  $ 71 
Total other expenses 14  21  58  61 
Total Transformation Strategy Costs $ 94  $ 36  $ 236  $ 132 
Income Tax Benefit from Transformation Strategy Costs (24) (9) (57) (31)
After-Tax Transformation Strategy Costs $ 70  $ 27  $ 179  $ 101