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GOODWILL AND INTANGIBLE ASSETS (Tables)
6 Months Ended
Jun. 30, 2017
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
The following table indicates the allocation of goodwill by reportable segment as of June 30, 2017 and December 31, 2016 (in millions):
 
U.S. Domestic
Package
 
International
Package
 
Supply Chain &
Freight
 
Consolidated
December 31, 2016:
$
715

 
$
407

 
$
2,635

 
$
3,757

Acquired

 
18

 
21

 
39

Currency / Other

 
11

 
38

 
49

June 30, 2017:
$
715

 
$
436

 
$
2,694

 
$
3,845

Schedule of Intangible Assets (Excluding Goodwill)
The following is a summary of intangible assets as of June 30, 2017 and December 31, 2016 (in millions):
 
Gross Carrying
Amount
 
Accumulated
Amortization
 
Net Carrying
Value
June 30, 2017:
 
 
 
 
 
Capitalized software
$
3,100

 
$
(2,229
)
 
$
871

Licenses
126

 
(63
)
 
63

Franchise rights
128

 
(93
)
 
35

Customer relationships
744

 
(123
)
 
621

Trade name
200

 

 
200

Trademarks, patents and other
70

 
(31
)
 
39

Total Intangible Assets, Net
$
4,368


$
(2,539
)
 
$
1,829

December 31, 2016:
 
 
 
 
 
Capitalized software
$
2,933

 
$
(2,157
)
 
$
776

Licenses
131

 
(70
)
 
61

Franchise rights
128

 
(90
)
 
38

Customer relationships
724

 
(85
)
 
639

Trade name
200

 

 
200

Trademarks, patents and other
67

 
(23
)
 
44

Total Intangible Assets, Net
$
4,183

 
$
(2,425
)
 
$
1,758