United Parcel Service Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	5,887	6,112	3,206	5,602	10,255
Short-Term Investments	-	206	2,866	1,993	338
Trading Asset Securities	-	-	-	-	11
Cash & Short-Term Investments	5,887	6,318	6,072	7,595	10,604
Cash Growth	-6.82%	4.05%	-20.05%	-28.38%	67.84%
Accounts Receivable	11,209	11,178	11,453	12,891	12,845
Receivables	11,209	11,178	11,453	12,891	12,845
Inventory	-	826	935	889	717
Other Current Assets	1,949	988	953	842	768
Total Current Assets	19,045	19,310	19,413	22,217	24,934
Property, Plant & Equipment	41,994	41,328	41,253	38,474	37,037
Long-Term Investments	-	346	342	287	54
Goodwill	5,837	4,300	4,872	4,223	3,692
Other Intangible Assets	4,021	3,064	3,305	2,796	2,486
Long-Term Deferred Tax Assets	140	112	126	139	176
Other Long-Term Assets	2,053	1,610	1,546	2,988	1,026
Total Assets	73,090	70,070	70,857	71,124	69,405
Accounts Payable	6,633	6,302	6,340	7,515	7,523
Accrued Expenses	6,241	6,293	6,188	6,241	6,062
Short-Term Debt	-	-	2,172	-	-
Current Portion of Long-Term Debt	608	1,734	1,072	2,249	2,002
Current Portion of Leases	763	837	813	713	709
Current Unearned Revenue	-	13	20	11	27
Other Current Liabilities	1,375	1,262	1,071	1,411	1,246
Total Current Liabilities	15,620	16,441	17,676	18,140	17,569
Long-Term Debt	23,519	19,095	18,548	17,028	19,515
Long-Term Leases	3,700	3,986	4,124	3,536	3,312
Long-Term Unearned Revenue	-	27	25	26	25
Pension & Post-Retirement Benefits	6,567	7,663	6,972	5,628	8,877
Long-Term Deferred Tax Liabilities	3,690	3,595	3,772	4,302	3,125
Other Long-Term Liabilities	3,739	2,520	2,426	2,661	2,713
Total Liabilities	56,835	53,327	53,543	51,321	55,136
Common Stock	9	9	9	9	9
Additional Paid-In Capital	275	136	-	-	1,343
Retained Earnings	20,151	20,882	21,055	21,326	16,179
Treasury Stock	-5	-7	-9	-13	-16
Comprehensive Income & Other	-4,203	-4,302	-3,749	-1,536	-3,262
Total Common Equity	16,227	16,718	17,306	19,786	14,253
Minority Interest	28	25	8	17	16
Shareholders' Equity	16,255	16,743	17,314	19,803	14,269
Total Liabilities & Equity	73,090	70,070	70,857	71,124	69,405
Total Debt	28,590	25,652	26,729	23,526	25,538
Net Cash (Debt)	-22,703	-19,334	-20,657	-15,931	-14,934
Net Cash Per Share	-26.71	-22.59	-24.02	-18.21	-17.01
Filing Date Shares Outstanding	849	854.17	852.65	858.74	870.39
Total Common Shares Outstanding	849	854	853	859	870
Working Capital	3,425	2,869	1,737	4,077	7,365
Book Value Per Share	19.11	19.58	20.29	23.03	16.38
Tangible Book Value	6,369	9,354	9,129	12,767	8,075
Tangible Book Value Per Share	7.50	10.95	10.70	14.86	9.28
Land	-	2,104	2,138	2,140	2,140
Buildings	-	12,315	11,496	11,099	10,812
Machinery	-	56,910	54,634	51,782	50,439
Construction In Progress	-	1,967	3,247	2,409	1,418

Source: S&P Global Market Intelligence. Standard template. Financial Sources.