v3.25.2
TRANSFORMATION STRATEGY COSTS (Tables)
6 Months Ended
Jun. 30, 2025
Restructuring and Related Activities [Abstract]  
Restructuring and Related Costs
The table below presents transformation strategy costs for the three and six months ended June 30, 2025 and 2024 (in millions):
Three Months Ended
 June 30,
Six Months Ended
 June 30,
2025202420252024
Transformation Strategy Costs:
Compensation and benefits$50 $20 $74 $51 
Total Other expenses
24 58 22 
Total Transformation Strategy Costs
$74 $27 $132 $73 
Income Tax Benefit from Transformation Strategy Costs
(17)(6)(31)(17)
After-Tax Transformation Strategy Costs
$57 $21 $101 $56 
Transformation strategy costs during the periods presented related to our Transformation 2.0, Fit to Serve, and Network Reconfiguration and Efficiency Reimagined programs. Total costs by program are shown in the table below for the three and six months ended June 30, 2025 and 2024 (in millions):
Three Months Ended
 June 30,
Six Months Ended
 June 30,
2025202420252024
Transformation Strategy Costs:
Transformation 2.0
Business portfolio review$(18)$(10)$(18)$(5)
Financial systems15 13 31 29 
Transformation 2.0 total(3)13 24 
Fit to Serve24 28 49 
Network Reconfiguration and Efficiency Reimagined
68 — 91 — 
Total Transformation Strategy Costs$74 $27 $132 $73