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GOODWILL AND INTANGIBLE ASSETS (Tables)
6 Months Ended
Jun. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
The following table indicates the allocation of goodwill as of June 30, 2023 and December 31, 2022 (in millions):
U.S. Domestic
Package
International
Package
Supply Chain SolutionsConsolidated
December 31, 2022:$847 $492 $2,884 $4,223 
Acquired— — 
Impairments— — (8)(8)
Currency / Other— 24 27 
June 30, 2023:$847 $495 $2,908 $4,250 
Schedule of Intangible Assets (Excluding Goodwill) The following is a summary of intangible assets as of June 30, 2023 and December 31, 2022 (in millions):
Gross Carrying
Amount
Accumulated
Amortization
Net Carrying
Value
June 30, 2023:
Capitalized software$5,507 $(3,694)$1,813 
Licenses55 (38)17 
Franchise rights260 (42)218 
Customer relationships860 (472)388 
Trade name126 (12)114 
Trademarks, patents and other187 (51)136 
Amortizable intangible assets$6,995 $(4,309)$2,686 
Indefinite-lived intangible assets204 — 204 
Total Intangible Assets, Net$7,199 $(4,309)$2,890 
December 31, 2022:
Capitalized software$5,186 $(3,500)$1,686 
Licenses55 (30)25 
Franchise rights226 (37)189 
Customer relationships872 (453)419 
Trade name125 (8)117 
Trademarks, patents and other183 (27)156 
Amortizable intangible assets$6,647 $(4,055)$2,592 
Indefinite-lived intangible assets204 — 204 
Total Intangible Assets, Net$6,851 $(4,055)$2,796