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GOODWILL AND INTANGIBLE ASSETS (Tables)
12 Months Ended
Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Allocation of Goodwill by Reportable Segment
The following table indicates the allocation of goodwill (in millions):
U.S. Domestic
Package
International
Package
Supply Chain 
Solutions
Consolidated
Balance as of January 1, 2023$847 $492 $2,884 $4,223 
Acquired— 723 727 
Impairments— — (125)(125)
Currency / Other— 40 47 
Balance as of December 31, 2023$847 $503 $3,522 $4,872 
Acquired— — 
Divestiture
— — (495)(495)
Currency / Other— (16)(65)(81)
Balance as of December 31, 2024$847 $487 $2,966 $4,300 
Schedule of Finite-Lived Intangible Assets
The following is a summary of intangible assets as of December 31, 2024 and 2023 (in millions):
Gross Carrying
Amount
Accumulated
Amortization
Net Carrying
Value
Weighted-Average
Amortization
Period
(in years)
December 31, 2024
Capitalized software$6,088 $(4,159)$1,929 6.9
Licenses30 (12)18 4.1
Franchise rights348 (55)293 20.0
Customer relationships677 (206)471 13.6
Trade name109 (26)83 10.2
Trademarks, patents and other369 (103)266 7.5
Amortizable intangible assets$7,621 $(4,561)$3,060 8.2
Indefinite-lived intangible assets— 
Total Intangible Assets$7,625 $(4,561)$3,064 
December 31, 2023
Capitalized software$5,839 $(3,900)$1,939 
Licenses30 (7)23 
Franchise rights291 (49)242 
Customer relationships1,115 (516)599 
Trade name172 (30)142 
Trademarks, patents and other320 (53)267 
Amortizable intangible assets$7,767 $(4,555)$3,212 
Indefinite-lived intangible assets93 — 93 
Total Intangible Assets$7,860 $(4,555)$3,305 
Schedule of Indefinite-Lived Intangible Assets
The following is a summary of intangible assets as of December 31, 2024 and 2023 (in millions):
Gross Carrying
Amount
Accumulated
Amortization
Net Carrying
Value
Weighted-Average
Amortization
Period
(in years)
December 31, 2024
Capitalized software$6,088 $(4,159)$1,929 6.9
Licenses30 (12)18 4.1
Franchise rights348 (55)293 20.0
Customer relationships677 (206)471 13.6
Trade name109 (26)83 10.2
Trademarks, patents and other369 (103)266 7.5
Amortizable intangible assets$7,621 $(4,561)$3,060 8.2
Indefinite-lived intangible assets— 
Total Intangible Assets$7,625 $(4,561)$3,064 
December 31, 2023
Capitalized software$5,839 $(3,900)$1,939 
Licenses30 (7)23 
Franchise rights291 (49)242 
Customer relationships1,115 (516)599 
Trade name172 (30)142 
Trademarks, patents and other320 (53)267 
Amortizable intangible assets$7,767 $(4,555)$3,212 
Indefinite-lived intangible assets93 — 93 
Total Intangible Assets$7,860 $(4,555)$3,305