2021 Q2 Form 10-Q Financial Statement

#000109072721000036 Filed on August 06, 2021

View on sec.gov

Income Statement

Concept 2021 Q2 2020 Q2
Revenue $23.42B $20.46B
YoY Change 14.49% 13.36%
Cost Of Revenue $5.361B $4.215B
YoY Change 27.19% 9.28%
Gross Profit $18.06B $16.24B
YoY Change 11.2% 14.47%
Gross Profit Margin 77.11% 79.4%
Selling, General & Admin $12.33B $11.75B
YoY Change 4.9% 16.43%
% of Gross Profit 68.25% 72.35%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $739.0M $661.0M
YoY Change 11.8% 14.96%
% of Gross Profit 4.09% 4.07%
Operating Expenses $14.81B $14.03B
YoY Change 5.51% 16.47%
Operating Profit $3.258B $2.212B
YoY Change 47.29% 3.22%
Interest Expense $167.0M $183.0M
YoY Change -8.74% 15.09%
% of Operating Profit 5.13% 8.27%
Other Income/Expense, Net $178.0M $145.0M
YoY Change 22.76% 137.7%
Pretax Income $3.436B $2.357B
YoY Change 45.78% 6.94%
Income Tax $760.0M $589.0M
% Of Pretax Income 22.12% 24.99%
Net Earnings $2.676B $1.768B
YoY Change 51.36% 4.93%
Net Earnings / Revenue 11.42% 8.64%
Basic Earnings Per Share $3.06 $2.04
Diluted Earnings Per Share $3.05 $2.03
COMMON SHARES
Basic Shares Outstanding 875.0M shares 866.0M shares
Diluted Shares Outstanding 878.0M shares 869.0M shares

Balance Sheet

Concept 2021 Q2 2020 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $9.954B $9.216B
YoY Change 8.01% 92.12%
Cash & Equivalents $9.608B $8.813B
Short-Term Investments $346.0M $403.0M
Other Short-Term Assets $1.897B $1.780B
YoY Change 6.57% 29.55%
Inventory
Prepaid Expenses
Receivables $10.14B $9.230B
Other Receivables $0.00 $0.00
Total Short-Term Assets $21.99B $20.23B
YoY Change 8.71% 36.27%
LONG-TERM ASSETS
Property, Plant & Equipment $32.63B $31.44B
YoY Change 3.79% 11.9%
Goodwill $3.357B $3.787B
YoY Change -11.35% -0.63%
Intangibles $2.238B $2.207B
YoY Change 1.4% 4.05%
Long-Term Investments $25.00M $24.00M
YoY Change 4.17% -85.71%
Other Assets $875.0M $1.099B
YoY Change -20.38% -2.66%
Total Long-Term Assets $42.88B $41.83B
YoY Change 2.51% 10.24%
TOTAL ASSETS
Total Short-Term Assets $21.99B $20.23B
Total Long-Term Assets $42.88B $41.83B
Total Assets $64.87B $62.06B
YoY Change 4.53% 17.56%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $6.563B $5.271B
YoY Change 24.51% 22.84%
Accrued Expenses $5.177B $4.250B
YoY Change 21.81% 7.19%
Deferred Revenue $9.000M $7.000M
YoY Change 28.57% -12.5%
Short-Term Debt $498.0M $3.749B
YoY Change -86.72% 30.58%
Long-Term Debt Due $1.564B $3.749B
YoY Change -58.28% 27.0%
Total Short-Term Liabilities $15.77B $16.27B
YoY Change -3.08% 19.35%
LONG-TERM LIABILITIES
Long-Term Debt $21.03B $23.20B
YoY Change -9.36% 13.57%
Other Long-Term Liabilities $3.953B $3.276B
YoY Change 20.67% 149.32%
Total Long-Term Liabilities $24.98B $26.48B
YoY Change -5.65% 21.77%
TOTAL LIABILITIES
Total Short-Term Liabilities $15.77B $16.27B
Total Long-Term Liabilities $24.98B $26.48B
Total Liabilities $40.75B $42.75B
YoY Change -4.67% 20.84%
SHAREHOLDERS EQUITY
Retained Earnings $12.53B $10.03B
YoY Change 24.91% 10.13%
Common Stock $1.329B $255.0M
YoY Change 421.18% 150.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $16.00M $20.00M
YoY Change -20.0% -20.0%
Treasury Stock Shares 300.0K shares 400.0K shares
Shareholders Equity $10.81B $4.363B
YoY Change
Total Liabilities & Shareholders Equity $64.87B $62.06B
YoY Change 4.53% 17.56%

Cashflow Statement

Concept 2021 Q2 2020 Q2
OPERATING ACTIVITIES
Net Income $2.676B $1.768B
YoY Change 51.36% 4.93%
Depreciation, Depletion And Amortization $739.0M $661.0M
YoY Change 11.8% 14.96%
Cash From Operating Activities $3.923B $3.397B
YoY Change 15.48% 76.01%
INVESTING ACTIVITIES
Capital Expenditures -$836.0M -$1.132B
YoY Change -26.15% -15.96%
Acquisitions
YoY Change
Other Investing Activities $868.0M $123.0M
YoY Change 605.69% -246.43%
Cash From Investing Activities $32.00M -$1.009B
YoY Change -103.17% -29.49%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -2.093B -2.566B
YoY Change -18.43% 205.84%
NET CHANGE
Cash From Operating Activities 3.923B 3.397B
Cash From Investing Activities 32.00M -1.009B
Cash From Financing Activities -2.093B -2.566B
Net Change In Cash 1.862B -178.0M
YoY Change -1146.07% -47.65%
FREE CASH FLOW
Cash From Operating Activities $3.923B $3.397B
Capital Expenditures -$836.0M -$1.132B
Free Cash Flow $4.759B $4.529B
YoY Change 5.08% 38.21%

Facts In Submission

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CY2020Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
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us-gaap Comprehensive Income Net Of Tax
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us-gaap Comprehensive Income Net Of Tax
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us-gaap Net Income Loss
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us-gaap Net Income Loss
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us-gaap Depreciation And Amortization
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us-gaap Depreciation And Amortization
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us-gaap Pension And Other Postretirement Benefit Expense
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us-gaap Pension And Other Postretirement Benefit Expense
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us-gaap Pension And Other Postretirement Benefit Contributions
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276000000 USD
us-gaap Pension And Other Postretirement Benefit Contributions
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263000000 USD
us-gaap Increase Decrease In Self Insurance Reserve
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us-gaap Increase Decrease In Self Insurance Reserve
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293000000 USD
us-gaap Deferred Income Taxes And Tax Credits
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us-gaap Deferred Income Taxes And Tax Credits
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us-gaap Share Based Compensation
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us-gaap Share Based Compensation
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us-gaap Other Noncash Income Expense
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us-gaap Other Noncash Income Expense
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us-gaap Increase Decrease In Accounts Receivable
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-169000000 USD
us-gaap Increase Decrease In Other Operating Assets
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us-gaap Increase Decrease In Accounts Payable
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56000000 USD
us-gaap Increase Decrease In Accounts Payable
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us-gaap Increase Decrease In Employee Related Liabilities
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us-gaap Increase Decrease In Employee Related Liabilities
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771000000 USD
us-gaap Increase Decrease In Other Operating Liabilities
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us-gaap Increase Decrease In Other Operating Liabilities
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239000000 USD
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2000000 USD
us-gaap Increase Decrease In Other Operating Capital Net
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us-gaap Net Cash Provided By Used In Operating Activities
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us-gaap Net Cash Provided By Used In Operating Activities
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5947000000 USD
us-gaap Payments To Acquire Property Plant And Equipment
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us-gaap Payments To Acquire Property Plant And Equipment
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2065000000 USD
us-gaap Proceeds From Sales Of Business Affiliate And Productive Assets
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us-gaap Proceeds From Sale Of Property Plant And Equipment
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us-gaap Payments To Acquire Investments
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us-gaap Proceeds From Sale Maturity And Collections Of Investments
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us-gaap Proceeds From Sale Maturity And Collections Of Investments
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us-gaap Payments For Proceeds From Loans Receivable
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us-gaap Payments For Proceeds From Loans Receivable
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us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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5000000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 USD
us-gaap Payments For Proceeds From Other Investing Activities
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11000000 USD
us-gaap Payments For Proceeds From Other Investing Activities
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6000000 USD
us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Proceeds From Repayments Of Short Term Debt
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498000000 USD
us-gaap Proceeds From Repayments Of Short Term Debt
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us-gaap Proceeds From Issuance Of Long Term Debt
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0 USD
us-gaap Proceeds From Issuance Of Long Term Debt
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4436000000 USD
us-gaap Repayments Of Long Term Debt
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2599000000 USD
us-gaap Repayments Of Long Term Debt
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1826000000 USD
us-gaap Payments For Repurchase Of Common Stock
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us-gaap Payments For Repurchase Of Common Stock
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231000000 USD
us-gaap Proceeds From Issuance Of Common Stock
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141000000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
131000000 USD
us-gaap Payments Of Dividends
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1718000000 USD
us-gaap Payments Of Dividends
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1683000000 USD
us-gaap Proceeds From Payments For Other Financing Activities
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-360000000 USD
us-gaap Proceeds From Payments For Other Financing Activities
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-334000000 USD
us-gaap Net Cash Provided By Used In Financing Activities
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us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-399000000 USD
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
16000000 USD
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
3698000000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
3576000000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
5910000000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
5238000000 USD
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
9608000000 USD
CY2020Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
8814000000 USD
us-gaap Use Of Estimates
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<div style="margin-top:9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Use of Estimates</span></div><div style="margin-top:5pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of the accompanying interim unaudited, consolidated financial statements requires management to make estimates and judgments that affect the reported amounts of assets and liabilities and the disclosure of contingencies at the date of these financial statements, as well as the reported amounts of revenues and expenses during the reporting period.</span></div><div style="margin-top:5pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Although our estimates contemplate current and expected future conditions, as applicable, it is reasonably possible that actual conditions could differ from our expectations, which could materially affect our results of operations and financial position. In particular, a number of estimates have been and will continue to be affected by the ongoing COVID-19 pandemic. The severity, magnitude and duration of the pandemic, and the resulting economic consequences, remain uncertain, rapidly changing and difficult to predict. As a result, our accounting estimates and assumptions may change significantly over time.</span></div><div style="margin-top:9pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">For interim unaudited, consolidated financial statement purposes, we provide for accruals under our various company-sponsored employee benefit plans for each three month period based on one quarter of the estimated annual expense.</span></div>
CY2020Q4 us-gaap Deferred Revenue
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279000000 USD
CY2021Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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23424000000 USD
CY2020Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
20459000000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
46332000000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
38494000000 USD
CY2021Q2 us-gaap Allowance For Doubtful Accounts Receivable Period Increase Decrease
AllowanceForDoubtfulAccountsReceivablePeriodIncreaseDecrease
-8000000 USD
us-gaap Allowance For Doubtful Accounts Receivable Period Increase Decrease
AllowanceForDoubtfulAccountsReceivablePeriodIncreaseDecrease
-15000000 USD
CY2021Q2 us-gaap Allowance For Doubtful Accounts Receivable Current
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123000000 USD
CY2020Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
138000000 USD
CY2021Q2 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
39000000 USD
CY2020Q2 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
84000000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
80000000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
153000000 USD
CY2021Q2 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
314000000 USD
CY2020Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
279000000 USD
CY2021Q2 us-gaap Deferred Revenue
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375000000 USD
CY2021Q2 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
9000000 USD
CY2020Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
21000000 USD
CY2021Q2 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
25000000 USD
CY2020Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
26000000 USD
CY2021Q2 us-gaap Share Based Compensation
ShareBasedCompensation
206000000 USD
CY2020Q2 us-gaap Share Based Compensation
ShareBasedCompensation
137000000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
521000000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
368000000 USD
CY2021Q2 us-gaap Trading Securities Debt Amortized Cost
TradingSecuritiesDebtAmortizedCost
2000000 USD
CY2021Q2 ups Trading Securities Gross Unrealized Gain
TradingSecuritiesGrossUnrealizedGain
0 USD
CY2021Q2 ups Trading Securities Gross Unrealized Loss
TradingSecuritiesGrossUnrealizedLoss
0 USD
CY2021Q2 us-gaap Trading Securities
TradingSecurities
2000000 USD
CY2020Q4 ups Marketable Securities Amortized Cost Basis
MarketableSecuritiesAmortizedCostBasis
398000000 USD
CY2021Q2 us-gaap Available For Sale Securities Amortized Cost
AvailableForSaleSecuritiesAmortizedCost
341000000 USD
CY2021Q2 us-gaap Available For Sale Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
3000000 USD
CY2021Q2 us-gaap Available For Sale Equity Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleEquitySecuritiesAccumulatedGrossUnrealizedLossBeforeTax
0 USD
CY2021Q2 us-gaap Available For Sale Securities Current
AvailableForSaleSecuritiesCurrent
344000000 USD
CY2021Q2 ups Marketable Securities Amortized Cost Basis
MarketableSecuritiesAmortizedCostBasis
343000000 USD
CY2021Q2 ups Marketable Securities Gross Unrealized Gain
MarketableSecuritiesGrossUnrealizedGain
3000000 USD
CY2021Q2 ups Marketable Securities Gross Unrealized Loss
MarketableSecuritiesGrossUnrealizedLoss
0 USD
CY2021Q2 us-gaap Marketable Securities Current
MarketableSecuritiesCurrent
346000000 USD
CY2020Q4 us-gaap Trading Securities Debt Amortized Cost
TradingSecuritiesDebtAmortizedCost
2000000 USD
CY2020Q4 ups Trading Securities Gross Unrealized Gain
TradingSecuritiesGrossUnrealizedGain
0 USD
CY2020Q4 ups Trading Securities Gross Unrealized Loss
TradingSecuritiesGrossUnrealizedLoss
0 USD
CY2020Q4 us-gaap Trading Securities
TradingSecurities
2000000 USD
CY2020Q4 us-gaap Available For Sale Securities Amortized Cost
AvailableForSaleSecuritiesAmortizedCost
396000000 USD
CY2020Q4 us-gaap Available For Sale Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
8000000 USD
CY2020Q4 us-gaap Available For Sale Equity Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleEquitySecuritiesAccumulatedGrossUnrealizedLossBeforeTax
0 USD
CY2020Q4 us-gaap Available For Sale Securities Current
AvailableForSaleSecuritiesCurrent
404000000 USD
CY2020Q4 ups Marketable Securities Gross Unrealized Gain
MarketableSecuritiesGrossUnrealizedGain
8000000 USD
CY2020Q4 ups Marketable Securities Gross Unrealized Loss
MarketableSecuritiesGrossUnrealizedLoss
0 USD
CY2020Q4 us-gaap Marketable Securities Current
MarketableSecuritiesCurrent
406000000 USD
us-gaap Impairment Of Investments
ImpairmentOfInvestments
0 USD
CY2021Q2 ups Marketable Securities Debt Maturities Next Twelve Months Amortized Cost Basis
MarketableSecuritiesDebtMaturitiesNextTwelveMonthsAmortizedCostBasis
34000000 USD
CY2021Q2 ups Marketable Securities Debt Maturities Next Twelve Months Fair Value
MarketableSecuritiesDebtMaturitiesNextTwelveMonthsFairValue
34000000 USD
CY2021Q2 ups Marketable Securities Debt Maturities After One Through Three Years Amortized Cost Basis
MarketableSecuritiesDebtMaturitiesAfterOneThroughThreeYearsAmortizedCostBasis
306000000 USD
CY2021Q2 ups Marketable Securities Debt Maturities After One Through Three Years Fair Value
MarketableSecuritiesDebtMaturitiesAfterOneThroughThreeYearsFairValue
309000000 USD
CY2021Q2 ups Marketable Securities Debt Maturities After Three Through Five Years Amortized Cost Basis
MarketableSecuritiesDebtMaturitiesAfterThreeThroughFiveYearsAmortizedCostBasis
1000000 USD
CY2021Q2 ups Marketable Securities Debt Maturities After Three Through Five Years Fair Value
MarketableSecuritiesDebtMaturitiesAfterThreeThroughFiveYearsFairValue
1000000 USD
CY2021Q2 ups Marketable Securities Debt Maturities After Five Years Amortized Cost Basis
MarketableSecuritiesDebtMaturitiesAfterFiveYearsAmortizedCostBasis
0 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
5910000000 USD
CY2021Q2 ups Marketable Securities Debt Maturities After Five Years Fair Value
MarketableSecuritiesDebtMaturitiesAfterFiveYearsFairValue
0 USD
CY2021Q2 ups Marketable Securities Debt Maturities Amortized Cost Basis
MarketableSecuritiesDebtMaturitiesAmortizedCostBasis
341000000 USD
CY2021Q2 ups Marketable Securities Debt Maturities Fair Value
MarketableSecuritiesDebtMaturitiesFairValue
344000000 USD
CY2021Q2 ups Marketable Securities Equity Securities Amortized Cost Basis
MarketableSecuritiesEquitySecuritiesAmortizedCostBasis
2000000 USD
CY2021Q2 ups Marketable Securities Equity Securities Fair Value
MarketableSecuritiesEquitySecuritiesFairValue
2000000 USD
CY2021Q2 ups Marketable Securities Amortized Cost Basis
MarketableSecuritiesAmortizedCostBasis
343000000 USD
CY2021Q2 us-gaap Marketable Securities Current
MarketableSecuritiesCurrent
346000000 USD
CY2021Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
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CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
5910000000 USD
CY2020Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
8813000000 USD
CY2021Q2 us-gaap Restricted Cash
RestrictedCash
0 USD
CY2020Q4 us-gaap Restricted Cash
RestrictedCash
0 USD
CY2020Q2 us-gaap Restricted Cash
RestrictedCash
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CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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9608000000 USD
CY2020Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
8814000000 USD
CY2021Q2 us-gaap Fair Value Assets Level1 To Level2 Transfers Amount
FairValueAssetsLevel1ToLevel2TransfersAmount
0 USD
CY2020Q2 us-gaap Fair Value Assets Level1 To Level2 Transfers Amount
FairValueAssetsLevel1ToLevel2TransfersAmount
0 USD
CY2021Q2 us-gaap Defined Benefit Plan Actuarial Gain Loss
DefinedBenefitPlanActuarialGainLoss
2100000000 USD
CY2021Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
63329000000 USD
CY2020Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
62091000000 USD
CY2021Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
30698000000 USD
CY2020Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
29837000000 USD
CY2021Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
32631000000 USD
CY2020Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
32254000000 USD
CY2021Q2 ups Property Plant And Equipment Purchased On Account
PropertyPlantAndEquipmentPurchasedOnAccount
381000000 USD
CY2020Q4 ups Property Plant And Equipment Purchased On Account
PropertyPlantAndEquipmentPurchasedOnAccount
319000000 USD
CY2021Q2 us-gaap Tangible Asset Impairment Charges
TangibleAssetImpairmentCharges
0 USD
CY2020Q2 us-gaap Tangible Asset Impairment Charges
TangibleAssetImpairmentCharges
0 USD
us-gaap Tangible Asset Impairment Charges
TangibleAssetImpairmentCharges
24000000 USD
us-gaap Tangible Asset Impairment Charges
TangibleAssetImpairmentCharges
0 USD
CY2021Q2 us-gaap Defined Benefit Plan Actuarial Gain Loss
DefinedBenefitPlanActuarialGainLoss
2100000000 USD
CY2021Q2 us-gaap Defined Benefit Plan Actuarial Gain Loss Immediate Recognition As Component In Net Periodic Benefit Cost Credit
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3700000000 USD
ups Defined Benefit Plan Increase In Discount Rate
DefinedBenefitPlanIncreaseInDiscountRate
0.0049
CY2021Q2 ups Defined Benefit Plan Benefit Obligation Actuarial Gain Loss Due To Workforce Reduction
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100000000 USD
CY2021Q2 us-gaap Defined Benefit Plan Actual Return On Plan Assets
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-1700000000 USD
CY2021Q2 ups Defined Benefit Plan Percentage Points Below Expected Return
DefinedBenefitPlanPercentagePointsBelowExpectedReturn
0.0430
CY2021Q2 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Net Unamortized Gain Loss Arising During Period Before Tax
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2100000000 USD
CY2021Q2 us-gaap Other Comprehensive Income Defined Benefit Plan Net Prior Service Cost Credit Arising During Period Before Tax
OtherComprehensiveIncomeDefinedBenefitPlanNetPriorServiceCostCreditArisingDuringPeriodBeforeTax
69000000 USD
CY2021Q2 us-gaap Other Comprehensive Income Defined Benefit Plan Net Prior Service Costs Credit Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlanNetPriorServiceCostsCreditArisingDuringPeriodNetOfTax
52000000 USD
CY2021Q2 ups Other Comprehensive Income Loss Defined Benefit Plan Plan Amendments Reclassification Adjustment From Aoci Before Tax
OtherComprehensiveIncomeLossDefinedBenefitPlanPlanAmendmentsReclassificationAdjustmentFromAOCIBeforeTax
66000000 USD
CY2021Q2 ups Other Comprehensive Income Loss Defined Benefit Plan Plan Amendments Reclassification Adjustment From Aoci After Tax
OtherComprehensiveIncomeLossDefinedBenefitPlanPlanAmendmentsReclassificationAdjustmentFromAOCIAfterTax
50000000 USD
ups Multiemployer Plans Payment Term
MultiemployerPlansPaymentTerm
P41Y
CY2020Q4 us-gaap Goodwill
Goodwill
3367000000 USD
us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
0 USD
us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-10000000 USD
CY2021Q2 us-gaap Goodwill
Goodwill
3357000000 USD
CY2021Q2 ups Intangible Assets Gross
IntangibleAssetsGross
5910000000 USD
CY2021Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
3672000000 USD
CY2021Q2 us-gaap Sale Leaseback Transaction Net Book Value
SaleLeasebackTransactionNetBookValue
0 USD
CY2021Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
2238000000 USD
CY2020Q4 ups Intangible Assets Gross
IntangibleAssetsGross
5743000000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
3469000000 USD
CY2020Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
2274000000 USD
CY2021Q2 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
1000000 USD
CY2020Q2 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
4000000 USD
us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
7000000 USD
us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
4000000 USD
CY2021Q2 us-gaap Commercial Paper
CommercialPaper
498000000 USD
CY2020Q4 us-gaap Commercial Paper
CommercialPaper
15000000 USD
CY2021Q2 us-gaap Finance Lease Liability
FinanceLeaseLiability
419000000 USD
CY2021Q2 us-gaap Finance Lease Liability
FinanceLeaseLiability
419000000 USD
CY2020Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
342000000 USD
CY2021Q2 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
22760000000 USD
CY2021Q2 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
22591000000 USD
CY2021Q2 us-gaap Debt Instrument Fair Value
DebtInstrumentFairValue
25700000000 USD
CY2020Q4 us-gaap Debt Instrument Fair Value
DebtInstrumentFairValue
28300000000 USD
CY2020Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
24654000000 USD
CY2021Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
1564000000 USD
CY2020Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
2623000000 USD
CY2021Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
21027000000 USD
CY2020Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
22031000000 USD
CY2021Q2 ups Number Of Credit Agreements
NumberOfCreditAgreements
2 Credit_Agreements
CY2021Q2 ups Covenants Limit Amount Of Secured Indebtedness That We May Incur And Limit Amount Of Attributable Debt In Sale Leaseback Transactions To Percentage Of Net Tangible Assets
CovenantsLimitAmountOfSecuredIndebtednessThatWeMayIncurAndLimitAmountOfAttributableDebtInSaleLeasebackTransactionsToPercentageOfNetTangibleAssets
0.10
CY2021Q2 ups Covenants Limit Amount Of Secured Indebtedness That We May Incur And Limit Amount Of Attributable Debt In Sale Leaseback Transactions Net Tangible Assets Amount
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4400000000 USD
CY2021Q2 ups Numberof Leased Aircrafts
NumberofLeasedAircrafts
316 aircraft
CY2021Q2 ups Numberof Leased Aircrafts Finance Lease
NumberofLeasedAircraftsFinanceLease
22 aircraft
CY2021Q2 ups Numberof Leased Aircrafts Operating Lease
NumberofLeasedAircraftsOperatingLease
18 aircraft
CY2021Q2 ups Numberof Leased Aircrafts Shortterm
NumberofLeasedAircraftsShortterm
276 aircraft
CY2021Q2 us-gaap Operating Lease Cost
OperatingLeaseCost
179000000 USD
CY2020Q2 us-gaap Operating Lease Cost
OperatingLeaseCost
172000000 USD
us-gaap Operating Lease Cost
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354000000 USD
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FinanceLeaseRightOfUseAssetAmortization
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us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
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us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
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us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
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us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
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CY2021Q2 ups Finance Lease Cost
FinanceLeaseCost
26000000 USD
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FinanceLeaseCost
25000000 USD
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FinanceLeaseCost
53000000 USD
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FinanceLeaseCost
48000000 USD
CY2021Q2 us-gaap Variable Lease Cost
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VariableLeaseCost
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us-gaap Variable Lease Cost
VariableLeaseCost
127000000 USD
us-gaap Variable Lease Cost
VariableLeaseCost
113000000 USD
CY2021Q2 us-gaap Short Term Lease Cost
ShortTermLeaseCost
251000000 USD
CY2020Q2 us-gaap Short Term Lease Cost
ShortTermLeaseCost
253000000 USD
us-gaap Short Term Lease Cost
ShortTermLeaseCost
530000000 USD
us-gaap Short Term Lease Cost
ShortTermLeaseCost
456000000 USD
CY2021Q2 us-gaap Lease Cost
LeaseCost
518000000 USD
CY2020Q2 us-gaap Lease Cost
LeaseCost
505000000 USD
us-gaap Lease Cost
LeaseCost
1064000000 USD
us-gaap Lease Cost
LeaseCost
964000000 USD
CY2021Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
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CY2020Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
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CY2021Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
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OperatingLeaseLiabilityCurrent
560000000 USD
CY2021Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
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CY2020Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
2540000000 USD
CY2021Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
3594000000 USD
CY2020Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
3100000000 USD
CY2021Q2 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
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FinanceLeaseRightOfUseAsset
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CY2021Q2 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
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FinanceLeaseLiabilityCurrent
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CY2021Q2 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
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CY2020Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
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CY2021Q2 us-gaap Finance Lease Liability
FinanceLeaseLiability
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CY2020Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
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CY2021Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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CY2020Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
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CY2021Q2 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P11Y
CY2020Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P9Y3M18D
CY2021Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0199
CY2020Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0228
CY2021Q2 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.0382
CY2020Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
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us-gaap Operating Lease Payments
OperatingLeasePayments
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us-gaap Operating Lease Payments
OperatingLeasePayments
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us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
7000000 USD
us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
10000000 USD
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
33000000 USD
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
33000000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
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us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
403000000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
113000000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
49000000 USD
CY2021Q2 us-gaap Finance Lease Liability Payments Remainder Of Fiscal Year
FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear
40000000 USD
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
305000000 USD
CY2021Q2 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
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CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
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CY2021Q2 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
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CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
515000000 USD
CY2021Q2 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
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CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
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CY2021Q2 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
34000000 USD
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
382000000 USD
CY2021Q2 ups Finance Lease Liability To Be Paid After Year Four
FinanceLeaseLiabilityToBePaidAfterYearFour
279000000 USD
CY2021Q2 ups Lessee Operating Lease Liability To Be Paid After Year Four
LesseeOperatingLeaseLiabilityToBePaidAfterYearFour
1902000000 USD
CY2021Q2 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
528000000 USD
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
4139000000 USD
CY2021Q2 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
109000000 USD
CY2021Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
545000000 USD
CY2021Q2 us-gaap Finance Lease Liability
FinanceLeaseLiability
419000000 USD
CY2021Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
3594000000 USD
CY2021Q2 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
65000000 USD
CY2021Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
556000000 USD
CY2021Q2 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
354000000 USD
CY2021Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
3038000000 USD
CY2021Q2 ups Lessee Finance Lease And Operating Lease Lease Not Yet Commenced Amount
LesseeFinanceLeaseAndOperatingLeaseLeaseNotYetCommencedAmount
175000000 USD
CY2021Q2 ups Classesof Common Stock Number
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2 Classes_of_Common_Stock
CY2021Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
200000000 shares
CY2021Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2021Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2021Q2 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
1.02
CY2020Q2 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
1.01
CY2021Q1 us-gaap Minority Interest
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CY2020Q1 us-gaap Minority Interest
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14000000 USD
CY2021Q2 us-gaap Minority Interest Period Increase Decrease
MinorityInterestPeriodIncreaseDecrease
5000000 USD
CY2020Q2 us-gaap Minority Interest Period Increase Decrease
MinorityInterestPeriodIncreaseDecrease
-1000000 USD
CY2021Q2 us-gaap Minority Interest
MinorityInterest
17000000 USD
CY2020Q2 us-gaap Minority Interest
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33000000 USD
CY2020Q2 us-gaap Dividends Common Stock Stock
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30000000 USD
us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
2.04
us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
2.02
CY2020Q4 us-gaap Minority Interest
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CY2019Q4 us-gaap Minority Interest
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us-gaap Minority Interest Period Increase Decrease
MinorityInterestPeriodIncreaseDecrease
5000000 USD
us-gaap Minority Interest Period Increase Decrease
MinorityInterestPeriodIncreaseDecrease
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CY2021Q2 us-gaap Minority Interest
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17000000 USD
ups Operating Segments Number
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us-gaap Dividends Common Stock Stock
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123000000 USD
CY2016Q2 us-gaap Stock Repurchase Program Authorized Amount1
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8000000000.0 USD
CY2020Q2 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
0 shares
CY2020Q2 us-gaap Minority Interest
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us-gaap Dividends Common Stock Stock
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CY2021Q2 us-gaap Stock Repurchased During Period Shares
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us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
0 shares
us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
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ups Stock Repurchased During Period Value Before Timing Difference
StockRepurchasedDuringPeriodValueBeforeTimingDifference
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us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
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CY2021Q2 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
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2100000000 USD
CY2021Q3 us-gaap Stock Repurchase Program Authorized Amount1
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5000000000.0 USD
CY2021Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
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CY2021Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
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CY2020Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
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CY2021Q2 us-gaap Revenues
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CY2020Q2 us-gaap Revenues
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us-gaap Revenues
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46332000000 USD
us-gaap Revenues
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38494000000 USD
CY2021Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
3258000000 USD
CY2020Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
2212000000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
6023000000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
3284000000 USD
CY2021Q2 us-gaap Net Income Loss
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2676000000 USD
CY2020Q2 us-gaap Net Income Loss
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1768000000 USD
us-gaap Net Income Loss
NetIncomeLoss
7468000000 USD
us-gaap Net Income Loss
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2733000000 USD
CY2021Q2 us-gaap Weighted Average Number Of Shares Issued Basic
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870000000 shares
CY2020Q2 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
862000000 shares
us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
869000000 shares
us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
860000000 shares
CY2021Q2 us-gaap Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
5000000 shares
CY2020Q2 us-gaap Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
4000000 shares
us-gaap Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
5000000 shares
us-gaap Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
5000000 shares
CY2021Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
875000000 shares
CY2020Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
866000000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
874000000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
865000000 shares
CY2021Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
878000000 shares
CY2020Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
869000000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
878000000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
869000000 shares
CY2021Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.06
CY2020Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.04
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
8.54
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.16
CY2021Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.05
CY2020Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.03
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
8.51
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.14
CY2021Q2 us-gaap Derivative Collateral Obligation To Return Cash
DerivativeCollateralObligationToReturnCash
67000000 USD
CY2020Q4 us-gaap Derivative Collateral Obligation To Return Cash
DerivativeCollateralObligationToReturnCash
146000000 USD
CY2021Q2 us-gaap Collateral Securities Repledged Delivered Or Used
CollateralSecuritiesRepledgedDeliveredOrUsed
104000000 USD
CY2020Q4 us-gaap Collateral Securities Repledged Delivered Or Used
CollateralSecuritiesRepledgedDeliveredOrUsed
158000000 USD
CY2020Q4 us-gaap Derivative Net Liability Position Aggregate Fair Value
DerivativeNetLiabilityPositionAggregateFairValue
0 USD
CY2021Q2 ups Commodity Asset
CommodityAsset
0 USD
CY2020Q4 ups Commodity Asset
CommodityAsset
0 USD
CY2021Q2 ups Derivative Instrument Recognition Period
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P9Y
us-gaap Cash Flow Hedge Gain Loss To Be Reclassified Within Twelve Months
CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonths
-28000000 USD
ups Maximum Term Over Hedging Exposures To Variability Of Cash Flow
MaximumTermOverHedgingExposuresToVariabilityOfCashFlow
P11Y
CY2021Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.221
CY2020Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.250
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.225
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.242
CY2021Q2 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Percent
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitPercent
0.003
us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Percent
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitPercent
0.008
us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Percent
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitPercent
0.003
CY2021Q1 ups Defined Benefit Plan Markto Market Gain Loss Tax Effect
DefinedBenefitPlanMarktoMarketGainLossTaxEffect
788000000 USD
CY2021Q1 ups Defined Benefit Plan Markto Market Gain Loss
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3300000000 USD
CY2020Q2 us-gaap Other Restructuring Costs
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31000000 USD
us-gaap Other Restructuring Costs
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103000000 USD
us-gaap Other Restructuring Costs
OtherRestructuringCosts
64000000 USD
CY2021Q2 us-gaap Restructuring Costs
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116000000 USD
CY2021Q2 us-gaap Restructuring Costs
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116000000 USD
CY2020Q2 us-gaap Restructuring Costs
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112000000 USD
us-gaap Restructuring Costs
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234000000 USD
us-gaap Restructuring Costs
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157000000 USD
CY2021Q2 ups Income Tax Expense Benefit From Restructuring Costs
IncomeTaxExpenseBenefitFromRestructuringCosts
-28000000 USD
CY2020Q2 ups Income Tax Expense Benefit From Restructuring Costs
IncomeTaxExpenseBenefitFromRestructuringCosts
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ups Income Tax Expense Benefit From Restructuring Costs
IncomeTaxExpenseBenefitFromRestructuringCosts
-56000000 USD
ups Income Tax Expense Benefit From Restructuring Costs
IncomeTaxExpenseBenefitFromRestructuringCosts
-39000000 USD
CY2021Q2 us-gaap Severance Costs1
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55000000 USD
CY2020Q2 us-gaap Severance Costs1
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81000000 USD
us-gaap Severance Costs1
SeveranceCosts1
131000000 USD
us-gaap Severance Costs1
SeveranceCosts1
93000000 USD
CY2021Q2 us-gaap Other Restructuring Costs
OtherRestructuringCosts
61000000 USD
CY2020Q2 us-gaap Restructuring Costs
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112000000 USD
us-gaap Restructuring Costs
RestructuringCosts
234000000 USD
us-gaap Restructuring Costs
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157000000 USD
CY2021Q2 ups Income Tax Expense Benefit From Restructuring Costs
IncomeTaxExpenseBenefitFromRestructuringCosts
-28000000 USD
CY2020Q2 ups Income Tax Expense Benefit From Restructuring Costs
IncomeTaxExpenseBenefitFromRestructuringCosts
-29000000 USD
ups Income Tax Expense Benefit From Restructuring Costs
IncomeTaxExpenseBenefitFromRestructuringCosts
-56000000 USD
ups Income Tax Expense Benefit From Restructuring Costs
IncomeTaxExpenseBenefitFromRestructuringCosts
-39000000 USD
CY2021Q2 ups Transformation Strategy Cost
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88000000 USD
CY2020Q2 ups Transformation Strategy Cost
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83000000 USD
ups Transformation Strategy Cost
TransformationStrategyCost
178000000 USD
ups Transformation Strategy Cost
TransformationStrategyCost
118000000 USD

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