United Parcel Service, Inc.

NYSE-UPS

Assets	Sep '25	Jun '25	Mar '25	Dec '24	Sep '24	Jun '24
Cash and Cash Equivalents	6,764	6,194	4,802	6,112	5,855	6,319
Cash and Cash Equivalents
Short-Term Investments	—	92	263	—	205	213
Marketable Securities
Total Cash and Cash Equivalents	6,764	6,286	5,065	6,112	6,060	6,532
Accounts Receivable	9,967	10,430	9,887	10,871	9,195	9,048
Accounts Receivable
Less: Allowance for Credit Losses
Total Trade Receivables	9,967	10,430	9,887	10,871	9,195	9,048
Inventories	—	—	—	—	—	—
Materials and Supplies
Other Current Assets	2,254	2,134	2,138	2,327	2,009	3,243
Deferred Income Tax Assets
Current Income Taxes Receivable
Assets Held for Sale
Other Current Assets
Total Current Assets	18,985	18,850	17,090	19,310	17,264	18,823
Total Current Assets
Net Property, Plant & Equipment	41,960	41,690	41,265	41,328	41,518	41,217
Property, Plant and Equipment, Net
Operating Lease Right-of-Use Assets
Net Intangible Assets	3,455	3,356	3,301	3,064	3,108	3,106
Intangible Assets, Net
Goodwill	4,810	4,806	4,691	4,300	4,411	4,350
Goodwill
Long-Term Investments	—	—	—	—	—	—
Investments and Restricted Cash
Other Long-Term Assets	2,182	2,221	2,119	2,068	1,962	1,922
Derivative Assets
Deferred Income Tax Assets
Other Non-Current Assets
Total Assets	71,392	70,923	68,466	70,070	68,263	69,418
Total Assets

Liabilities	Sep '25	Jun '25	Mar '25	Dec '24	Sep '24	Jun '24
Accounts Payable	5,784	6,040	5,454	6,302	5,410	5,299
Accounts Payable
Accrued Expenses	4,697	4,302	4,820	5,045	4,766	4,510
Accrued Wages and Withholdings
Accrued Group Welfare and Retirement Plan Contributions
Current Portion of Long-Term Debt	932	920	1,858	1,838	1,606	2,008
Current Maturities of Long-Term Debt, Commercial Paper and Finance Leases
Current Portion of Leases	742	724	720	733	699	683
Current Maturities of Operating Leases
Other Current Liabilities	2,397	2,254	2,808	2,523	2,600	2,585
Self-Insurance Reserves
Hedge Margin Liabilities
Liabilities to Be Disposed of
Income Taxes Payable
Other Current Liabilities
Total Current Liabilities	14,552	14,240	15,660	16,441	15,081	15,085
Total Current Liabilities
Long-Term Debt	23,850	23,820	19,511	19,446	20,324	20,197
Long-Term Debt and Finance Leases
Leases	3,687	3,445	3,505	3,635	3,613	3,561
Non-Current Operating Leases
Other Long-Term Liabilities	13,455	13,641	14,106	13,805	12,361	13,522
Pension and Postretirement Benefit Obligations
Deferred Income Tax Liabilities
Self-Insurance Reserves
Other Non-Current Liabilities
Total Long-Term Liabilities	40,992	40,906	37,122	36,886	36,298	37,280
Total Liabilities	55,544	55,146	52,782	53,327	51,379	52,365

Equity	Sep '25	Jun '25	Mar '25	Dec '24	Sep '24	Jun '24
Common Stock	9	9	9	9	9	9
Class a Common Stock
Class B Common Stock
Treasury Stock	-5	-4	-4	-7	-6	-6
Less: Treasury Stock
Additional Paid-in Capital	178	84	—	136	—	136
Additional Paid-in Capital
Accumulated Other Comprehensive Income	-4,117	-4,175	-4,288	-4,309	-3,704	-3,807
Accumulated Other Comprehensive Loss
Retained Earnings	19,753	19,832	19,939	20,882	20,552	20,692
Retained Earnings
Total Common Shareholders' Equity	15,823	15,750	15,660	16,718	16,857	17,030
Total Equity for Controlling Interests
Minority Interests and Other	30	31	28	32	33	29
Noncontrolling Interests
Deferred Compensation Obligations
Total Shareholders' Equity	15,853	15,781	15,688	16,750	16,890	17,059
Total Liabilities and Shareholders' Equity	71,392	70,923	68,466	70,070	68,263	69,418
Total Liabilities and Shareowners' Equity