Quarterly report pursuant to Section 13 or 15(d)

TRANSFORMATION COSTS (Tables)

v3.24.2.u1
TRANSFORMATION COSTS (Tables)
6 Months Ended
Jun. 30, 2024
Restructuring and Related Activities [Abstract]  
Restructuring and Related Costs
The table below presents transformation costs for the three and six months ended June 30, 2024 and 2023 (in millions):
Three Months Ended
 June 30,
Six Months Ended
 June 30,
2024 2023 2024 2023
Transformation Costs:
Compensation and benefits $ 20  $ 109  $ 51  $ 97 
Other expenses
30  22  45 
Total Transformation Costs
$ 27  $ 139  $ 73  $ 142 
Income Tax Benefit from Transformation Costs
(6) (33) (17) (33)
After-Tax Transformation Costs
$ 21  $ 106  $ 56  $ 109