UNITED PARCEL SERVICE INC
For the period ended Dec 31, 2023. Filed Feb 20, 2024.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Feb 20, 2024
UPS$108.30-2.5%Stored close · as of Nov 6, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Financial Statements and Supplementary Data
Item 8. Financial Statements and Supplementary Data
Table of Contents
| Report of Independent Registered Public Accounting Firm (PCAOB ID No. 34) | 60 |
|---|---|
| Consolidated Balance Sheets | 63 |
| Statements of Consolidated Income | 64 |
| Statements of Consolidated Comprehensive Income (Loss) | 64 |
| Statements of Consolidated Cash Flows | 65 |
| Notes to Consolidated Financial Statements | 66 |
| Note 1—Summary of Accounting Policies | 66 |
| Note 2—Revenue Recognition | 73 |
| Note 3—Marketable Securities and Non-Current Investments | 76 |
| Note 4—Property, Plant and Equipment | 79 |
| Note 5—Company-Sponsored Employee Benefit Plans | 80 |
| Note 6—Multiemployer Employee Benefit Plans | 91 |
| Note 7—Goodwill and Intangible Assets | 95 |
| Note 8—Acquisitions | 98 |
| Note 9—Debt and Financing Arrangements | 101 |
| Note 10—Legal Proceedings and Contingencies | 106 |
| Note 11—Leases | 107 |
| Note 12—Shareowners’ Equity | 110 |
| Note 13—Stock-Based Compensation | 114 |
| Note 14—Segment and Geographic Information | 118 |
| Note 15—Income Taxes | 121 |
| Note 16—Earnings Per Share | 126 |
| Note 17—Derivative Instruments and Risk Management | 127 |
| Note 18—Transformation Strategy Costs | 131 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.