GOODWILL AND INTANGIBLE ASSETS (Tables)
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6 Months Ended |
Jun. 30, 2026 |
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| Intangible Asset, Goodwill and Other [Abstract] |
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| Goodwill |
The following table indicates the allocation of goodwill as of June 30, 2026 and December 31, 2025 (in millions): | | | | | | | | | | | | | | | | | | | | | | | | | U.S. Domestic
Package | | International
Package | | SCS | | Consolidated | Balance as of December 31, 2025 | $ | 847 | | | $ | 596 | | | $ | 4,394 | | | $ | 5,837 | | | Currency / Other | — | | | (12) | | | (55) | | | (67) | | Balance as of June 30, 2026 | $ | 847 | | | $ | 584 | | | $ | 4,339 | | | $ | 5,770 | |
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| Intangible Asset, Finite-Lived |
The following table summarizes intangible assets as of June 30, 2026 and December 31, 2025 (in millions): | | | | | | | | | | | | | | | | | | | Gross Carrying
Amount | | Accumulated
Amortization | | Net Carrying
Value | June 30, 2026: | | | | | | | Capitalized software | $ | 7,148 | | | $ | (4,855) | | | $ | 2,293 | | | Customer relationships | 1,390 | | | (337) | | | 1,053 | | | Trademarks, patents and other | 370 | | | (178) | | | 192 | | | Franchise rights | 378 | | | (73) | | | 305 | | | Trade name | 116 | | | (48) | | | 68 | | | Licenses | 86 | | | (48) | | | 38 | | | Amortizable intangible assets | $ | 9,488 | | | $ | (5,539) | | | $ | 3,949 | | | Indefinite-lived intangible assets | 5 | | | — | | | 5 | | Total Intangible Assets | $ | 9,493 | | | $ | (5,539) | | | $ | 3,954 | | December 31, 2025: | | | | | | | Capitalized software | $ | 6,810 | | | $ | (4,593) | | | $ | 2,217 | | | Customer relationships | 1,438 | | | (293) | | | 1,145 | | | Trademarks, patents and other | 368 | | | (154) | | | 214 | | | Franchise rights | 382 | | | (68) | | | 314 | | | Trade name | 116 | | | (39) | | | 77 | | | Licenses | 88 | | | (39) | | | 49 | | | Amortizable intangible assets | $ | 9,202 | | | $ | (5,186) | | | $ | 4,016 | | | Indefinite-lived intangible assets | 5 | | | — | | | 5 | | Total Intangible Assets | $ | 9,207 | | | $ | (5,186) | | | $ | 4,021 | |
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| Intangible Asset, Indefinite-Lived |
The following table summarizes intangible assets as of June 30, 2026 and December 31, 2025 (in millions): | | | | | | | | | | | | | | | | | | | Gross Carrying
Amount | | Accumulated
Amortization | | Net Carrying
Value | June 30, 2026: | | | | | | | Capitalized software | $ | 7,148 | | | $ | (4,855) | | | $ | 2,293 | | | Customer relationships | 1,390 | | | (337) | | | 1,053 | | | Trademarks, patents and other | 370 | | | (178) | | | 192 | | | Franchise rights | 378 | | | (73) | | | 305 | | | Trade name | 116 | | | (48) | | | 68 | | | Licenses | 86 | | | (48) | | | 38 | | | Amortizable intangible assets | $ | 9,488 | | | $ | (5,539) | | | $ | 3,949 | | | Indefinite-lived intangible assets | 5 | | | — | | | 5 | | Total Intangible Assets | $ | 9,493 | | | $ | (5,539) | | | $ | 3,954 | | December 31, 2025: | | | | | | | Capitalized software | $ | 6,810 | | | $ | (4,593) | | | $ | 2,217 | | | Customer relationships | 1,438 | | | (293) | | | 1,145 | | | Trademarks, patents and other | 368 | | | (154) | | | 214 | | | Franchise rights | 382 | | | (68) | | | 314 | | | Trade name | 116 | | | (39) | | | 77 | | | Licenses | 88 | | | (39) | | | 49 | | | Amortizable intangible assets | $ | 9,202 | | | $ | (5,186) | | | $ | 4,016 | | | Indefinite-lived intangible assets | 5 | | | — | | | 5 | | Total Intangible Assets | $ | 9,207 | | | $ | (5,186) | | | $ | 4,021 | |
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