← UNITED PARCEL SERVICE INC

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 TTM
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income (Loss) Attributable to Parent $3.4b
$4.9b +43.11%
$4.8b -2.42%
$4.4b -7.33%
$1.3b -69.75%
$12.9b +859.79%
$11.5b -10.41%
$6.7b -41.91%
$5.8b -13.80%
$5.6b -3.63%
—
Amortization of Intangible Assets $321.0m $287.0m $339.0m $377.0m $416.0m $475.0m $525.0m $597.0m $648.0m $700.0m —
Depreciation $2.2b $2.3b $2.2b $212.0m $2.7b $3.0b $76.0m $3.4b $3.6b $3.7b $3.9b
Depreciation, Depletion and Amortization $2.2b $2.3b $2.2b $2.4b $2.7b $3.0b $3.2b $3.4b $3.6b $3.0b $3.9b
Deferred Income Tax Expense (Benefit) $123.0m $1.2b $758.0m $100.0m ($858.0m) $1.6b $531.0m $199.0m ($15.0m) ($8.0m) $220.0m
Deferred tax (benefit) expense $123.0m $1.2b $758.0m $100.0m ($858.0m) $1.6b $531.0m $199.0m ($15.0m) ($8.0m) —
Share-based Payment Arrangement, Expense — — — — — — $505.0m — — — $115.0m
Share-based Payment Arrangement, Noncash Expense $591.0m $584.0m $634.0m $915.0m $796.0m $878.0m $1.6b $220.0m $24.0m $73.0m $115.0m
Stock compensation expense $591.0m $584.0m $634.0m $915.0m $796.0m $878.0m $1.6b $220.0m $24.0m $73.0m —
Goodwill and Intangible Asset Impairment — — — — — — — $236.0m — — —
Goodwill, Impairment Loss — — $0 $0 $494.0m — — $125.0m $0 — —
Impairment of Intangible Assets, Finite-lived $0 $7 $12.0m $2.0m $13.0m $19.0m $17.0m $8.0m $71.0m $39.0m —
Operating Lease, Impairment Loss — — — — $17.0m $0 $0 $0 $0 $0 —
Nonoperating Income (Expense) ($331.0m) ($381.0m) ($1.0b) ($2.1b) ($5.8b) $3.8b $1.7b ($568.0m) ($1.0b) ($703.0m) —
Changes in operating assets and liabilities:
Accounts receivable ($704.0m) ($1.0b) ($421.0m) ($717.0m) ($1.6b) ($2.1b) ($322.0m) $1.3b ($566.0m) ($382.0m) ($592.0m)
Increase (Decrease) in Accounts Receivable $704.0m $1.0b $421.0m $717.0m $1.6b $2.1b $322.0m ($1.3b) $566.0m $382.0m ($592.0m)
Accounts payable $461.0m $592.0m $1.0b $419.0m $904.0m $1.3b $34.0m ($1.4b) $262.0m ($190.0m) ($50.0m)
Accrued wages and withholdings $109.0m $193.0m $505.0m ($446.0m) $1.6b ($245.0m) ($189.0m) ($296.0m) $501.0m $27.0m —
Increase (Decrease) in Other Operating Assets $14.0m $982.0m ($754.0m) ($698.0m) ($218.0m) ($312.0m) ($117.0m) ($87.0m) ($70.0m) ($65.0m) —
Other assets ($14.0m) ($982.0m) $754.0m $698.0m $218.0m $312.0m $117.0m $87.0m $70.0m $65.0m —
Other liabilities ($561.0m) ($241.0m) $170.0m $182.0m ($110.0m) $151.0m ($9.0m) ($42.0m) ($11.0m) ($517.0m) —
Other operating activities ($25.0m) $47.0m $16.0m $20.0m ($21.0m) $22.0m $6.0m ($142.0m) ($14.0m) $67.0m —
Other Operating Income (Expense), Net — ($11.0m) — — — — — — — — —
Net Cash Provided by (Used in) Operating Activities $6.5b
$1.5b -77.15%
$12.7b +759.43%
$8.6b -32.04%
$10.5b +21.07%
$15.0b +43.48%
$14.1b -6.02%
$10.2b -27.41%
$10.1b -1.13%
$8.4b -16.52%
$8.9b +4.93%
Cash flows from investing activities:
Gain (Loss) on Disposition of Property Plant Equipment $88.0m $24.0m $37.0m $65.0m $40.0m $872.0m $12.0m $193.0m $1.1b $72.0m ($97.0m)
Payments to Acquire Property, Plant, and Equipment $3.0b $5.2b $6.3b $6.4b $5.4b $4.2b $4.8b $5.2b $3.9b $3.7b ($3.4b)
Payments to Acquire Investments $4.8b $1.6b $973.0m $561.0m $254.0m $312.0m $1.9b $3.5b $76.0m $90.0m $0
Purchases of marketable securities ($4.8b) ($1.6b) ($973.0m) ($561.0m) ($254.0m) ($312.0m) ($1.9b) ($3.5b) ($76.0m) ($90.0m) —
Sales and maturities of marketable securities $5.7b $2.0b $886.0m $883.0m $360.0m $366.0m $255.0m $2.7b $2.7b $293.0m —
Acquisitions, net of cash acquired ($547.0m) ($134.0m) ($2.0m) ($6.0m) ($20.0m) ($602.0m) ($755.0m) ($1.3b) ($71.0m) ($2.0b) ($1.5b)
Payments to Acquire Businesses, Net of Cash Acquired $547.0m $134.0m $2.0m $6.0m $20.0m $602.0m $755.0m $1.3b $71.0m $2.0b ($1.5b)
Other investing activities ($59.0m) $1.0m $1.0m ($75.0m) ($41.0m) $18.0m ($333.0m) ($19.0m) ($24.0m) $15.0m —
Payments for (Proceeds from) Other Investing Activities $59.0m ($1.0m) ($1.0m) $75.0m $41.0m ($18.0m) $333.0m $19.0m $24.0m ($15.0m) —
Net Cash Provided by (Used in) Investing Activities ($2.6b) ($5.0b) ($6.3b) ($6.1b) ($5.3b) ($3.8b) ($7.5b) ($7.1b) ($217.0m) ($4.7b) ($4.0b)
Cash flows from financing activities:
Net change in short-term debt ($88.0m) ($250.0m) $63.0m $310.0m ($2.5b) $0 $0 $1.3b ($1.3b) $0 —
Proceeds from Issuance of Long-term Debt $5.9b $12.0b $1.2b $5.2b $5.0b $0 $0 $3.4b $2.8b $4.2b $0
Proceeds from long-term borrowings $5.9b $12.0b $1.2b $5.2b $5.0b $0 $0 $3.4b $2.8b $4.2b —
Repayments of Long-term Debt $3.8b $3.9b $2.9b $3.1b $3.4b $2.8b $2.3b $2.4b $2.5b $2.1b ($1.1b)
Repayments of long-term borrowings ($3.8b) ($3.9b) ($2.9b) ($3.1b) ($3.4b) ($2.8b) ($2.3b) ($2.4b) ($2.5b) ($2.1b) —
Issuances of common stock $245.0m $247.0m $240.0m $218.0m $285.0m $251.0m $262.0m $248.0m $232.0m $159.0m —
Payments for Repurchase of Common Stock $2.7b $1.8b $1.0b $1.0b $224.0m $500.0m $3.5b $2.2b $500.0m $1.0b —
Proceeds from Issuance of Common Stock $245.0m $247.0m $240.0m $218.0m $285.0m $251.0m $262.0m $248.0m $232.0m $159.0m $117.0m
Purchases of common stock ($2.7b) ($1.8b) ($1.0b) ($1.0b) ($224.0m) ($500.0m) ($3.5b) ($2.2b) ($500.0m) ($1.0b) —
Dividends ($3k) ($3k) ($3k) ($3k) ($3k) ($3k) ($5k) ($5k) ($5k) ($5k) ($5.4b)
Dividends paid $2.6b $2.8b $3.0b $3.2b $3.4b $3.4b $5.1b $5.4b $5.4b $5.4b ($5.4b)
Other financing activities ($98.0m) ($203.0m) ($288.0m) ($166.0m) ($353.0m) ($364.0m) ($529.0m) ($432.0m) ($209.0m) $14.0m —
Net Cash Provided by (Used in) Financing Activities ($3.1b)
$3.3b +204.68%
($5.7b) -273.17%
($1.7b) +69.66%
($4.5b) -161.55%
($6.8b) -51.05%
($11.2b) -63.93%
($5.5b) +50.52%
($6.8b) -23.78%
($4.1b) +39.55%
($6.4b) -54.04%
Net Increase (Decrease) In Cash, Cash Equivalents and Restricted Cash $749.0m ($152.0m) $598.0m $871.0m $672.0m $4.3b ($4.7b) ($2.4b) $2.9b ($225.0m) —
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect ($21.0m) $53.0m $598.0m $871.0m $672.0m $4.3b ($4.7b) ($2.4b) $2.9b ($225.0m) $4.7b
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents ($21.0m) $53.0m $4.4b $5.2b $5.9b $10.3b $5.6b $3.2b $6.1b $5.9b $4.7b
Effect of Exchange Rate Changes on Cash, Cash Equivalents and Restricted Cash ($21.0m) $53.0m ($91.0m) $20.0m $13.0m ($21.0m) ($100.0m) $33.0m ($149.0m) $201.0m ($62.0m)
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents ($21.0m) $53.0m ($91.0m) $20.0m $13.0m ($21.0m) ($100.0m) $33.0m ($149.0m) $201.0m ($62.0m)
Additional Supplementary Disclosures
Additional Supplementary Disclosures
Additional Financial Items
Beginning of period $2.7b $3.5b $4.4b $5.2b $5.9b $10.3b $5.6b $3.2b $6.1b $5.9b —
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement and Curtailment — — — — — — $34.0m — — — —
Foreign Currency Transaction Gain (Loss), before Tax $5.0m $3.0m ($19.0m) ($6.0m) $9.0m ($36.0m) $72.0m ($53.0m) ($38.0m) ($22.0m) —
Gain (Loss) Related to Litigation Settlement — — — — — — — — ($45.0m) — —
Goodwill $3.8b $3.9b $3.8b $3.8b $3.4b $3.7b $4.2b $4.9b $4.3b $5.8b —
Income Tax Expense (Benefit) $1.7b $2.2b $1.2b $1.2b $501.0m $3.7b $3.3b $1.9b $1.7b $1.6b —
Income Taxes Paid, Net — — — — — — — — — $1.9b —
Interest Expense Nonoperating — — — — — — — — $866.0m $1.0b —
Interest Paid, Excluding Capitalized Interest, Operating Activities $373.0m $428.0m $595.0m $628.0m $691.0m $697.0m $721.0m $762.0m $854.0m $990.0m —
Other (gains) losses ($198.0m) $37.0m $293.0m $74.0m $917.0m $137.0m $123.0m $265.0m $262.0m $113.0m —
Pension and postretirement benefit (income) expense $3.7b $1.6b $2.2b $3.1b $7.1b ($2.5b) ($129.0m) $1.3b $1.7b $1.0b —
Pension and postretirement benefit contributions ($2.7b) ($7.8b) ($186.0m) ($2.4b) ($3.1b) ($576.0m) ($2.3b) ($1.4b) ($1.5b) ($1.4b) —
Restructuring Costs — — $360.0m $255.0m $348.0m $380.0m $178.0m $435.0m $322.0m $593.0m —
Self-insurance reserves ($21.0m) $0 ($86.0m) ($185.0m) $503.0m $178.0m ($20.0m) $57.0m $44.0m $236.0m —
Supplemental disclosure of cash flow information:

Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.