XML 35 R23.htm IDEA: XBRL DOCUMENT
v3.20.2

TRANSFORMATION STRATEGY (Notes) | 6 Months Ended
--- | ---
Jun. 30, 2020
Restructuring and Related Activities [Abstract] |
TRANSFORMATION STRATEGY | TRANSFORMATION STRATEGY COSTS In the first quarter of 2018, we launched the first phase of a multi-year, enterprise-wide transformation strategy impacting our organization. Over the next several years additional phases will be implemented. The program includes investments, as well as changes in processes and technology, that impact global direct and indirect operating costs. The table below presents the transformation strategy costs for the three and six months ended June 30, 2020 and 2019 (in millions):
| Three Months Ended June 30, |  |  |  | Six Months Ended June 30, |  |
| 2020 |  | 2019 |  | 2020 |  | 2019
Transformation Strategy Costs: |  |  |  |  |  |  |
Compensation and benefits | $ | 81 |  |  | $ | 2 |  |  | $ | 93 |  |  | $ | 108 |
Total other expenses | 31 |  |  | 19 |  |  | 64 |  |  | 36 |
Total Transformation Strategy Costs | $ | 112 |  |  | $ | 21 |  |  | $ | 157 |  |  | $ | 144 |
Income Tax Benefit from Transformation Strategy Costs | (29) |  |  | (4) |  |  | (39) |  |  | (34) |
After Tax Transformation Strategy Costs | $ | 83 |  |  | $ | 17 |  |  | $ | 118 |  |  | $ | 110 |
The income tax effects of transformation strategy costs are calculated by multiplying the amount of the adjustments by the statutory tax rates applicable in each tax jurisdiction.

X
- References No definition available. + Details
Name: | us-gaap_RestructuringAndRelatedActivitiesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for restructuring and related activities. Description of restructuring activities such as exit and disposal activities, include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -URI http://asc.fasb.org/topic&trid=2175745 + Details
Name: | us-gaap_RestructuringAndRelatedActivitiesDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration