Quarterly report pursuant to Section 13 or 15(d)

GOODWILL AND INTANGIBLE ASSETS (Tables)

v2.4.0.8
GOODWILL AND INTANGIBLE ASSETS (Tables)
 9 Months Ended
Sep. 30, 2013
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
The following table indicates the allocation of goodwill by reportable segment as of September 30, 2013 and December 31, 2012 (in millions):
 
U.S. Domestic
Package
 
International
Package
 
Supply Chain &
Freight
 
Consolidated
December 31, 2012:
$
—

 
$
430

 
$
1,743

 
$
2,173

Acquired
—

 
—

 
18

 
18

Currency / Other
—

 
(13
)
 
2

 
(11
)
September 30, 2013:
$
—

 
$
417

 
$
1,763

 
$
2,180

Schedule of Intangible Assets (Excluding Goodwill)
The following is a summary of intangible assets as of September 30, 2013 and December 31, 2012 (in millions):
 
Gross Carrying
Amount
 
Accumulated
Amortization
 
Net Carrying
Value
September 30, 2013:
 
 
 
 
 
Trademarks, licenses, patents, and other
$
257

 
$
(98
)
 
$
159

Customer lists
146

 
(87
)
 
59

Franchise rights
117

 
(69
)
 
48

Capitalized software
2,384

 
(1,879
)
 
505

Total Intangible Assets, Net
$
2,904

 
$
(2,133
)
 
$
771

December 31, 2012:
 
 
 
 
 
Trademarks, licenses, patents, and other
$
163

 
$
(80
)
 
$
83

Customer lists
131

 
(79
)
 
52

Franchise rights
117

 
(64
)
 
53

Capitalized software
2,197

 
(1,782
)
 
415

Total Intangible Assets, Net
$
2,608

 
$
(2,005
)
 
$
603