UNITED PARCEL SERVICE INC
For the period ended Sep 30, 2024. Filed Nov 6, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Nov 6, 2024
UPS$108.30-2.5%Stored close · as of Nov 6, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
September 30, 2024 (unaudited) and December 31, 2023 (in millions)
| September 30,2024 | December 31,2023 | |
|---|---|---|
| ASSETS | ||
| Current Assets: | ||
| Cash and cash equivalents | $5,855 | $3,206 |
| Marketable securities | 205 | 2,866 |
| Accounts receivable | 9,323 | 11,342 |
| Less: Allowance for credit losses | (128) | (126) |
| Accounts receivable, net | 9,195 | 11,216 |
| Other current assets | 2,009 | 2,125 |
| Total Current Assets | 17,264 | 19,413 |
| Property, Plant and Equipment, Net | 37,389 | 36,945 |
| Operating Lease Right-Of-Use Assets | 4,129 | 4,308 |
| Goodwill | 4,411 | 4,872 |
| Intangible Assets, Net | 3,108 | 3,305 |
| Deferred Income Tax Assets | 125 | 126 |
| Other Non-Current Assets | 1,837 | 1,888 |
| Total Assets | $68,263 | $70,857 |
| LIABILITIES AND SHAREOWNERS' EQUITY | ||
| Current Liabilities: | ||
| Current maturities of long-term debt, commercial paper and finance leases | $1,606 | $3,348 |
| Current maturities of operating leases | 699 | 709 |
| Accounts payable | 5,410 | 6,340 |
| Accrued wages and withholdings | 3,527 | 3,224 |
| Self-insurance reserves | 1,307 | 1,320 |
| Accrued group welfare and retirement plan contributions | 1,239 | 1,479 |
| Other current liabilities | 1,293 | 1,256 |
| Total Current Liabilities | 15,081 | 17,676 |
| Long-Term Debt and Finance Leases | 20,324 | 18,916 |
| Non-Current Operating Leases | 3,613 | 3,756 |
| Pension and Postretirement Benefit Obligations | 5,384 | 6,159 |
| Deferred Income Tax Liabilities | 3,761 | 3,772 |
| Other Non-Current Liabilities | 3,216 | 3,264 |
| Shareowners' Equity: | ||
| Class A common stock (122 and 127 shares issued in 2024 and 2023, respectively) | 2 | 2 |
| Class B common stock (731 and 726 shares issued in 2024 and 2023, respectively) | 7 | 7 |
| Additional paid-in capital | — | — |
| Retained earnings | 20,552 | 21,055 |
| Accumulated other comprehensive loss | (3,704) | (3,758) |
| Deferred compensation obligations | 6 | 9 |
| Less: Treasury stock (0.1 and 0.2 shares in 2024 and 2023, respectively) | (6) | (9) |
| Total Equity for Controlling Interests | 16,857 | 17,306 |
| Noncontrolling interests | 27 | 8 |
| Total Shareowners' Equity | 16,884 | 17,314 |
| Total Liabilities and Shareowners' Equity | $68,263 | $70,857 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.