← 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
ASSETS
Current assets:
Accounts receivable, net $7.7b $8.8b $9.0b $9.6b $10.8b $12.5b $12.6b $11.2b $10.9b $11.2b
Cash and Cash Equivalents, at Carrying Value $3.5b $3.3b $4.2b $5.2b $5.9b $10.3b $5.6b $3.2b $6.1b $5.9b
Cash and cash equivalents $3.5b $3.3b $4.2b $5.2b $5.9b $10.3b $5.6b $3.2b $6.1b $5.9b
Other current assets $1.6b $1.1b $1.3b $1.4b $2.0b $1.8b $2.0b $2.1b $2.1b $1.9b
Inventory, Net $342.0m $404.0m $421.0m $511.0m $620.0m $717.0m $889.0m $935.0m $826.0m $739.0m
Assets, Current $13.8b $15.5b $16.2b $17.1b $20.2b $24.9b $22.2b $19.4b $19.3b $19.0b
Total Current Assets $13.8b $15.5b $16.2b $17.1b $20.2b $24.9b $22.2b $19.4b $19.3b $19.0b
Property, Plant and Equipment, Net $18.8b $22.1b $26.6b $30.5b $32.3b $33.5b $34.7b $36.9b $37.2b $37.7b
Goodwill $3.8b $3.9b $3.8b $3.8b $3.4b $3.7b $4.2b $4.9b $4.3b $5.8b
Intangible Assets, Net $1.8b $2.0b $2.1b $2.2b $2.3b $2.5b $2.8b $3.3b $3.1b $4.0b
Intangible Assets, Net (Excluding Goodwill) $1.8b $2.0b $2.1b $2.2b $2.3b $2.5b $2.8b $3.3b $3.1b $4.0b
Operating Lease Right-Of-Use Assets — — — $2.9b $3.1b $3.6b $3.8b $4.3b $4.1b $4.3b
Operating Lease, Right-of-Use Asset — — — $2.9b $3.1b $3.6b $3.8b $4.3b $4.1b $4.3b
Other Assets, Noncurrent $1.1b $1.2b $1.0b $1.1b $672.0m $1.1b $3.3b $1.9b $2.0b $2.1b
Additional Financial Items
Accounts Receivable, after Allowance for Credit Loss, Current $7.7b $8.8b $9.0b $9.6b $10.8b $12.5b $12.6b $11.2b $10.9b $11.2b
Current maturities of operating leases — — — $538.0m $560.0m $580.0m $621.0m $709.0m $733.0m $763.0m
Deferred Income Tax Assets $591.0m $265.0m $141.0m $330.0m $527.0m $176.0m $139.0m $126.0m $112.0m $140.0m
Deferred compensation obligations $45.0m $37.0m $32.0m $26.0m $20.0m $16.0m $13.0m $9.0m $7.0m $5.0m
Non-Current Operating Leases — — — $2.4b $2.5b $3.0b $3.2b $3.8b $3.6b $3.7b
Other Non-Current Assets $1.1b $1.2b $1.0b $1.1b $672.0m $1.1b $3.3b $1.9b $2.0b $2.1b
Other Non-Current Liabilities $1.2b $1.8b $1.4b $1.4b $3.8b $3.6b $3.5b $3.3b $3.4b $3.7b
Other current liabilities $847.0m $905.0m $1.5b $1.6b $1.4b $1.4b $1.5b $1.3b $1.4b $1.4b
Self-insurance reserves $1.8b $1.8b $1.6b $1.3b $1.1b $1.0b $1.1b $1.3b $1.1b $1.1b
Total Equity for Controlling Interests $405.0m $1.0b $3.0b $3.3b $657.0m $14.3b $19.8b $17.3b $16.7b $16.2b
Total Shareowners’ Equity $429.0m $1.0b $3.0b $3.3b $669.0m $14.3b $19.8b $17.3b $16.7b $16.3b
Assets $40.4b $45.4b $50.0b $57.9b $62.4b $69.4b $71.1b $70.9b $70.1b $73.1b
Total Assets $40.4b $45.4b $50.0b $57.9b $62.4b $69.4b $71.1b $70.9b $70.1b $73.1b
LIABILITIES AND EQUITY
Current liabilities:
Accounts Payable, Current $3.0b $3.9b $5.2b $5.6b $6.5b $7.5b $7.5b $6.3b $6.3b $6.6b
Accrued group welfare and retirement plan contributions $598.0m $677.0m $715.0m $793.0m $927.0m $1.0b $1.1b $1.5b $1.4b $1.4b
Accrued wages and withholdings $2.3b $2.5b $3.0b $2.6b $3.6b $3.8b $4.0b $3.2b $3.7b $3.7b
Current maturities of long-term debt and finance leases $3.7b $4.0b $2.8b $3.4b $2.6b — $2.3b $3.3b $1.8b $608.0m
Long-term Debt, Current Maturities $3.7b $4.0b $2.8b $3.4b $2.6b $2.1b $2.3b $3.3b $1.8b $608.0m
Long-term Debt, Excluding Current Maturities $12.4b $20.3b $19.9b $21.8b $22.0b $19.8b $17.3b $22.0b $21.0b $23.6b
Operating Lease, Liability, Current — — — $538.0m $560.0m $580.0m $621.0m $709.0m $733.0m $763.0m
Operating Lease, Liability, Noncurrent — — — $2.4b $2.5b $3.0b $3.2b $3.8b $3.6b $3.7b
Liabilities, Current $11.7b $12.7b $14.1b $15.4b $17.0b $17.6b $18.1b $17.7b $16.4b $15.6b
Total Current Liabilities $11.7b $12.7b $14.1b $15.4b $17.0b $17.6b $18.1b $17.7b $16.4b $15.6b
Deferred Income Tax Liabilities $112.0m $757.0m $1.6b $1.6b $488.0m $3.1b $4.3b $3.8b $3.6b $3.7b
Deferred Income Tax Liabilities, Net $112.0m $757.0m $1.6b $1.6b $488.0m $3.1b $4.3b $3.8b $3.6b $3.7b
Long-Term Debt and Finance Leases — — $19.9b $21.8b $22.0b $19.8b $17.3b $18.9b $19.4b $23.5b
Other Liabilities, Noncurrent $1.2b $1.8b $1.4b $1.4b $3.8b $3.6b $3.5b $3.3b $3.4b $3.7b
Pension and Postretirement Benefit Obligations $12.7b $7.1b $8.3b $10.6b $15.8b $8.0b $4.8b $6.2b $6.9b $6.6b
Deferred Tax Liabilities, Net $112.0m $757.0m ($1.5b) $1.3b $488.0m $2.9b $4.2b $3.6b $3.5b $3.5b
Stockholders’ equity:
Accumulated Other Comprehensive Income (Loss), Net of Tax ($4.5b) ($4.9b) ($5.0b) ($6.0b) ($7.1b) ($3.3b) ($1.5b) ($3.8b) ($4.3b) ($4.2b)
Accumulated other comprehensive loss ($4.5b) ($4.9b) ($5.0b) ($6.0b) ($7.1b) ($3.3b) ($1.5b) ($3.8b) ($4.3b) ($4.2b)
Additional Paid in Capital, Common Stock $0 $0 $0 $150.0m $865.0m $1.3b $0 $0 $136.0m $275.0m
Common stock $9.0m $9.0m $9.0m $9.0m $9.0m $9.0m $9.0m $9.0m $9.0m $9.0m
Less: Treasury stock (0.1 shares in 2025 and 2024) ($45.0m) ($37.0m) ($32.0m) ($26.0m) ($20.0m) ($16.0m) ($13.0m) ($9.0m) ($7.0m) ($5.0m)
Retained Earnings (Accumulated Deficit) $4.9b $5.9b $8.0b $9.1b $6.9b $16.2b $21.3b $21.1b $20.9b $20.2b
Treasury Stock, Common, Value — — — — — — — $9.0m $7.0m $5.0m
Treasury stock (in shares) — — — — — — $200k $200k $100k $100k
Stockholders' Equity Attributable to Parent $405.0m $1.0b $3.0b $3.3b $657.0m $14.3b $19.8b $17.3b $16.7b $16.2b
Noncontrolling Interests $24.0m $30.0m $16.0m $16.0m $12.0m $16.0m $17.0m $8.0m $25.0m $28.0m
Stockholders' Equity Attributable to Noncontrolling Interest $24.0m $30.0m $16.0m $16.0m $12.0m $16.0m $17.0m $8.0m $25.0m $28.0m
Liabilities and Equity $40.4b $45.4b $50.0b $57.9b $62.4b $69.4b $71.1b $70.9b $70.1b $73.1b
Total Liabilities and Shareowners’ Equity $40.4b $45.4b $50.0b $57.9b $62.4b $69.4b $71.1b $70.9b $70.1b $73.1b

Data sourced from SEC EDGAR 10-K filings via EdgarTools. 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.