2023 Q4 Form 10-K Financial Statement

#000109072724000008 Filed on February 20, 2024

View on sec.gov

Income Statement

Concept 2023 Q4 2023
Revenue $24.92B $90.96B
YoY Change -7.83% -9.35%
Cost Of Revenue $5.099B $18.43B
YoY Change -15.94% -22.16%
Gross Profit $19.82B $72.53B
YoY Change -5.48% -5.39%
Gross Profit Margin 79.54% 79.74%
Selling, General & Admin $14.13B $51.94B
YoY Change -1.78% -0.34%
% of Gross Profit 71.31% 71.6%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $867.0M $3.366B
YoY Change -2.36% 5.58%
% of Gross Profit 4.37% 4.64%
Operating Expenses $17.34B $63.39B
YoY Change -2.43% -0.29%
Operating Profit $2.477B $9.141B
YoY Change -22.47% -30.19%
Interest Expense -$207.0M -$785.0M
YoY Change 13.74% 11.51%
% of Operating Profit -8.36% -8.59%
Other Income/Expense, Net -$207.0M $217.0M
YoY Change -114.24% -91.09%
Pretax Income $2.063B $8.573B
YoY Change -53.82% -42.17%
Income Tax $458.0M $1.865B
% Of Pretax Income 22.2% 21.75%
Net Earnings $1.605B $6.708B
YoY Change -53.52% -41.91%
Net Earnings / Revenue 6.44% 7.37%
Basic Earnings Per Share $7.81
Diluted Earnings Per Share $1.87 $7.80
COMMON SHARES
Basic Shares Outstanding 859.0M shares
Diluted Shares Outstanding 860.0M shares

Balance Sheet

Concept 2023 Q4 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $6.072B $6.072B
YoY Change -20.05% -20.05%
Cash & Equivalents $3.206B $3.206B
Short-Term Investments $2.866B $2.866B
Other Short-Term Assets $2.125B $2.125B
YoY Change 4.22% 4.22%
Inventory $935.0M
Prepaid Expenses
Receivables $11.22B $11.22B
Other Receivables $0.00 $0.00
Total Short-Term Assets $19.41B $19.41B
YoY Change -12.62% -12.62%
LONG-TERM ASSETS
Property, Plant & Equipment $41.25B $41.25B
YoY Change 7.22% 7.22%
Goodwill $4.900B
YoY Change 16.03%
Intangibles $3.305B
YoY Change 18.2%
Long-Term Investments $295.0M
YoY Change 1375.0%
Other Assets $2.014B $2.014B
YoY Change -40.66% -40.66%
Total Long-Term Assets $51.44B $51.44B
YoY Change 5.19% 5.19%
TOTAL ASSETS
Total Short-Term Assets $19.41B $19.41B
Total Long-Term Assets $51.44B $51.44B
Total Assets $70.86B $70.86B
YoY Change -0.38% -0.38%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $6.340B $6.340B
YoY Change -15.6% -15.6%
Accrued Expenses $5.412B $5.412B
YoY Change -5.81% -5.81%
Deferred Revenue $20.00M
YoY Change 81.82%
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $3.348B $3.348B
YoY Change 43.02% 43.02%
Total Short-Term Liabilities $17.68B $17.68B
YoY Change -2.56% -2.56%
LONG-TERM LIABILITIES
Long-Term Debt $18.92B $18.92B
YoY Change 9.21% 9.21%
Other Long-Term Liabilities $13.18B $13.18B
YoY Change 14.02% 14.02%
Total Long-Term Liabilities $32.10B $32.10B
YoY Change 11.14% 11.14%
TOTAL LIABILITIES
Total Short-Term Liabilities $17.68B $17.68B
Total Long-Term Liabilities $32.10B $32.10B
Total Liabilities $53.55B $53.55B
YoY Change 4.31% 4.31%
SHAREHOLDERS EQUITY
Retained Earnings $21.06B
YoY Change -1.27%
Common Stock $0.00
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $17.31B $17.31B
YoY Change
Total Liabilities & Shareholders Equity $70.86B $70.86B
YoY Change -0.38% -0.38%

Cashflow Statement

Concept 2023 Q4 2023
OPERATING ACTIVITIES
Net Income $1.605B $6.708B
YoY Change -53.52% -41.91%
Depreciation, Depletion And Amortization $867.0M $3.366B
YoY Change -2.36% 5.58%
Cash From Operating Activities $2.411B $10.24B
YoY Change -27.64% -27.41%
INVESTING ACTIVITIES
Capital Expenditures $2.049B $5.158B
YoY Change -182.26% -208.16%
Acquisitions $1.329B
YoY Change 76.03%
Other Investing Activities -$1.155B -$1.975B
YoY Change -55.11% -26.93%
Cash From Investing Activities -$3.204B -$7.133B
YoY Change -36.73% -4.54%
FINANCING ACTIVITIES
Cash Dividend Paid $5.372B
YoY Change 5.04%
Common Stock Issuance & Retirement, Net $58.00M -$2.002B
YoY Change -104.67% -38.17%
Debt Paid & Issued, Net $2.429B
YoY Change 5.43%
Cash From Financing Activities -349.0M -5.534B
YoY Change -90.59% -50.52%
NET CHANGE
Cash From Operating Activities 2.411B 10.24B
Cash From Investing Activities -3.204B -7.133B
Cash From Financing Activities -349.0M -5.534B
Net Change In Cash -1.142B -2.429B
YoY Change -79.02% -46.65%
FREE CASH FLOW
Cash From Operating Activities $2.411B $10.24B
Capital Expenditures $2.049B $5.158B
Free Cash Flow $362.0M $5.080B
YoY Change -93.78% -73.08%

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CY2023 us-gaap Pension And Other Postretirement Benefit Contributions
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CY2022 us-gaap Pension And Other Postretirement Benefit Contributions
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CY2021 us-gaap Pension And Other Postretirement Benefit Contributions
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CY2023 us-gaap Increase Decrease In Self Insurance Reserve
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CY2022 us-gaap Increase Decrease In Self Insurance Reserve
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CY2021 us-gaap Increase Decrease In Self Insurance Reserve
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CY2023 us-gaap Deferred Income Taxes And Tax Credits
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CY2022 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
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CY2021 us-gaap Deferred Income Taxes And Tax Credits
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CY2023 us-gaap Share Based Compensation
ShareBasedCompensation
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CY2022 us-gaap Share Based Compensation
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CY2021 us-gaap Share Based Compensation
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CY2023 us-gaap Other Noncash Income Expense
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CY2022 us-gaap Other Noncash Income Expense
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CY2021 us-gaap Other Noncash Income Expense
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CY2022 us-gaap Increase Decrease In Accounts Receivable
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CY2021 us-gaap Increase Decrease In Accounts Receivable
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CY2022 us-gaap Increase Decrease In Other Operating Assets
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CY2021 us-gaap Increase Decrease In Other Operating Assets
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CY2023 us-gaap Increase Decrease In Accounts Payable
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CY2022 us-gaap Increase Decrease In Accounts Payable
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CY2021 us-gaap Increase Decrease In Accounts Payable
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CY2023 us-gaap Increase Decrease In Employee Related Liabilities
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CY2022 us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
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CY2021 us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
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CY2023 us-gaap Increase Decrease In Other Operating Liabilities
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CY2022 us-gaap Increase Decrease In Other Operating Liabilities
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CY2021 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
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CY2023 us-gaap Increase Decrease In Other Operating Capital Net
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CY2022 us-gaap Increase Decrease In Other Operating Capital Net
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CY2023 us-gaap Net Cash Provided By Used In Operating Activities
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CY2021 us-gaap Payments To Acquire Property Plant And Equipment
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CY2023 ups Proceeds From Divestiture Of Businesses And Proceeds From Sale Of Property Plant And Equipment
ProceedsFromDivestitureOfBusinessesAndProceedsFromSaleOfPropertyPlantAndEquipment
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CY2022 ups Proceeds From Divestiture Of Businesses And Proceeds From Sale Of Property Plant And Equipment
ProceedsFromDivestitureOfBusinessesAndProceedsFromSaleOfPropertyPlantAndEquipment
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CY2021 ups Proceeds From Divestiture Of Businesses And Proceeds From Sale Of Property Plant And Equipment
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CY2023 us-gaap Payments To Acquire Investments
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CY2021 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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CY2022 us-gaap Payments For Proceeds From Other Investing Activities
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CY2021 us-gaap Payments For Proceeds From Other Investing Activities
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CY2023 us-gaap Net Cash Provided By Used In Investing Activities
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CY2022 us-gaap Net Cash Provided By Used In Investing Activities
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CY2021 us-gaap Net Cash Provided By Used In Investing Activities
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CY2023 us-gaap Proceeds From Repayments Of Short Term Debt
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CY2022 us-gaap Proceeds From Repayments Of Short Term Debt
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CY2021 us-gaap Proceeds From Repayments Of Short Term Debt
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CY2023 us-gaap Proceeds From Issuance Of Long Term Debt
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CY2022 us-gaap Proceeds From Issuance Of Long Term Debt
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CY2021 us-gaap Proceeds From Issuance Of Long Term Debt
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CY2023 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
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CY2022 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
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CY2021 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
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CY2023 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
2250000000 usd
CY2022 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
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CY2021 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
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CY2023 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
248000000 usd
CY2022 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
262000000 usd
CY2021 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
251000000 usd
CY2023 us-gaap Payments Of Dividends
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CY2022 us-gaap Payments Of Dividends
PaymentsOfDividends
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CY2021 us-gaap Payments Of Dividends
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CY2023 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
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CY2022 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
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CY2021 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
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CY2023 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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CY2023 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
33000000 usd
CY2022 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CY2021 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CY2023 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
4345000000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
5602000000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
10255000000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
5910000000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
3206000000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
5602000000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
10255000000 usd
CY2023 us-gaap Interest Paid Net
InterestPaidNet
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CY2022 us-gaap Interest Paid Net
InterestPaidNet
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CY2021 us-gaap Interest Paid Net
InterestPaidNet
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CY2023 us-gaap Income Taxes Paid
IncomeTaxesPaid
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CY2022 us-gaap Income Taxes Paid
IncomeTaxesPaid
2574000000 usd
CY2021 us-gaap Income Taxes Paid
IncomeTaxesPaid
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CY2023 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: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%">The preparation of our consolidated financial statements requires the use of estimates and assumptions that affect the reported amounts of assets and liabilities, the reported amounts of revenues and expenses and the disclosure of contingencies. Estimates have been prepared on the basis of the most current and best information, and actual results could differ materially from those estimates.</span></div>
CY2023Q4 us-gaap Restricted Cash
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CY2022Q4 us-gaap Restricted Cash
RestrictedCash
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CY2023Q4 us-gaap Inventory Net
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CY2022Q4 us-gaap Inventory Net
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CY2023 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
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CY2022 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
60000000 usd
CY2023Q4 us-gaap Supplier Finance Program Obligation
SupplierFinanceProgramObligation
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CY2022Q4 us-gaap Supplier Finance Program Obligation
SupplierFinanceProgramObligation
806000000 usd
CY2022Q4 us-gaap Supplier Finance Program Obligation
SupplierFinanceProgramObligation
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CY2023 us-gaap Supplier Finance Program Obligation Increase
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CY2023 us-gaap Supplier Finance Program Obligation Decrease Settlement
SupplierFinanceProgramObligationDecreaseSettlement
2730000000 usd
CY2023Q4 us-gaap Supplier Finance Program Obligation
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CY2023 ups Payments For Workers Compensation Liability
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151000000 usd
CY2023Q4 us-gaap Self Insurance Reserve
SelfInsuranceReserve
153000000 usd
CY2023 ups Gain Loss On Self Insurance Reserves Before Tax
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CY2022 ups Payments For Workers Compensation Liability
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341000000 usd
CY2022Q4 us-gaap Self Insurance Reserve
SelfInsuranceReserve
332000000 usd
CY2022 ups Gain Loss On Self Insurance Reserves Before Tax
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CY2023 ups Maximum Percentage Of Actuarial Gain Or Loss In Excess Of Greater Of Projected Benefit Obligation Or Market Related Value Of Plan Assets
MaximumPercentageOfActuarialGainOrLossInExcessOfGreaterOfProjectedBenefitObligationOrMarketRelatedValueOfPlanAssets
0.10
CY2023 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
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CY2022 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
72000000 usd
CY2021 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
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CY2023 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
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CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
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CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
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CY2023 us-gaap Allowance For Doubtful Accounts Receivable Period Increase Decrease
AllowanceForDoubtfulAccountsReceivablePeriodIncreaseDecrease
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CY2023Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
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CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
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CY2023 us-gaap Provision For Doubtful Accounts
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CY2022 us-gaap Provision For Doubtful Accounts
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CY2023Q4 us-gaap Contract With Customer Asset Net
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CY2022Q4 us-gaap Contract With Customer Asset Net
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CY2023Q4 us-gaap Contract With Customer Liability Current
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CY2022Q4 us-gaap Contract With Customer Liability Current
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CY2023Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
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CY2022Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
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CY2023Q4 us-gaap Equity Securities Fv Ni Cost
EquitySecuritiesFvNiCost
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CY2023Q4 us-gaap Equity Securities Fv Ni Current And Noncurrent
EquitySecuritiesFvNiCurrentAndNoncurrent
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CY2023Q4 us-gaap Debt Securities Available For Sale Amortized Cost Excluding Accrued Interest After Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestAfterAllowanceForCreditLoss
2864000000 usd
CY2023Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
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CY2023Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
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CY2023Q4 us-gaap Debt Securities Available For Sale Excluding Accrued Interest Current
DebtSecuritiesAvailableForSaleExcludingAccruedInterestCurrent
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CY2023Q4 us-gaap Trading Securities Debt Amortized Cost
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CY2023Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
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CY2023Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
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CY2023Q4 us-gaap Trading Securities
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CY2022Q4 us-gaap Equity Securities Fv Ni Cost
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CY2022Q4 us-gaap Equity Securities Fv Ni Current And Noncurrent
EquitySecuritiesFvNiCurrentAndNoncurrent
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CY2022Q4 us-gaap Debt Securities Available For Sale Amortized Cost Excluding Accrued Interest After Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestAfterAllowanceForCreditLoss
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CY2022Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
0 usd
CY2022Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
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CY2022Q4 us-gaap Debt Securities Available For Sale Excluding Accrued Interest Current
DebtSecuritiesAvailableForSaleExcludingAccruedInterestCurrent
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CY2022Q4 us-gaap Trading Securities Debt Amortized Cost
TradingSecuritiesDebtAmortizedCost
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CY2022Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
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CY2022Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
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CY2022Q4 us-gaap Trading Securities
TradingSecurities
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CY2023Q4 us-gaap Debt Securities Available For Sale Restricted
DebtSecuritiesAvailableForSaleRestricted
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CY2022Q4 us-gaap Debt Securities Available For Sale Restricted
DebtSecuritiesAvailableForSaleRestricted
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CY2023 ups Marketable Securities Gross Realized Gains
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CY2022 ups Marketable Securities Gross Realized Gains
MarketableSecuritiesGrossRealizedGains
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CY2021 ups Marketable Securities Gross Realized Gains
MarketableSecuritiesGrossRealizedGains
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CY2023 ups Marketable Securities Gross Realized Losses
MarketableSecuritiesGrossRealizedLosses
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CY2022 ups Marketable Securities Gross Realized Losses
MarketableSecuritiesGrossRealizedLosses
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CY2021 ups Marketable Securities Gross Realized Losses
MarketableSecuritiesGrossRealizedLosses
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CY2023Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
1259000000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
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CY2023Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
666000000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
5000000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
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CY2023Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
8000000 usd
CY2023Q4 ups Marketable Securities Debt Maturities Next Twelve Months Amortized Cost Basis
MarketableSecuritiesDebtMaturitiesNextTwelveMonthsAmortizedCostBasis
1346000000 usd
CY2023Q4 ups Marketable Securities Debt Maturities Next Twelve Months Fair Value
MarketableSecuritiesDebtMaturitiesNextTwelveMonthsFairValue
1343000000 usd
CY2023Q4 ups Marketable Securities Debt Maturities After One Through Three Years Amortized Cost Basis
MarketableSecuritiesDebtMaturitiesAfterOneThroughThreeYearsAmortizedCostBasis
1513000000 usd
CY2023Q4 ups Marketable Securities Debt Maturities After One Through Three Years Fair Value
MarketableSecuritiesDebtMaturitiesAfterOneThroughThreeYearsFairValue
1514000000 usd
CY2023Q4 ups Marketable Securities Debt Maturities After Three Through Five Years Amortized Cost Basis
MarketableSecuritiesDebtMaturitiesAfterThreeThroughFiveYearsAmortizedCostBasis
5000000 usd
CY2023Q4 ups Marketable Securities Debt Maturities After Three Through Five Years Fair Value
MarketableSecuritiesDebtMaturitiesAfterThreeThroughFiveYearsFairValue
5000000 usd
CY2023Q4 ups Marketable Securities Debt Maturities After Five Years Amortized Cost Basis
MarketableSecuritiesDebtMaturitiesAfterFiveYearsAmortizedCostBasis
0 usd
CY2023Q4 ups Marketable Securities Debt Maturities After Five Years Fair Value
MarketableSecuritiesDebtMaturitiesAfterFiveYearsFairValue
0 usd
CY2023Q4 ups Marketable Securities Debt Maturities Amortized Cost Basis
MarketableSecuritiesDebtMaturitiesAmortizedCostBasis
2864000000 usd
CY2023Q4 ups Marketable Securities Debt Maturities Fair Value
MarketableSecuritiesDebtMaturitiesFairValue
2862000000 usd
CY2023Q4 ups Marketable Securities Equity Securities Amortized Cost Basis
MarketableSecuritiesEquitySecuritiesAmortizedCostBasis
4000000 usd
CY2023Q4 ups Marketable Securities Equity Securities Fair Value
MarketableSecuritiesEquitySecuritiesFairValue
4000000 usd
CY2023Q4 ups Marketable Securities Amortized Cost Basis
MarketableSecuritiesAmortizedCostBasis
2868000000 usd
CY2023Q4 us-gaap Marketable Securities Current
MarketableSecuritiesCurrent
2866000000 usd
CY2023Q4 us-gaap Equity Method Investments
EquityMethodInvestments
295000000 usd
CY2022Q4 us-gaap Equity Method Investments
EquityMethodInvestments
256000000 usd
CY2023 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
252000000 usd
CY2023Q4 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
47000000 usd
CY2022Q4 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
31000000 usd
CY2023Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization
71515000000 usd
CY2022Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization
67430000000 usd
CY2023Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization
34570000000 usd
CY2022Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization
32711000000 usd
CY2023Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
36945000000 usd
CY2022Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
34719000000 usd
CY2023Q4 ups Property Plant And Equipment Purchased On Account
PropertyPlantAndEquipmentPurchasedOnAccount
309000000 usd
CY2022Q4 ups Property Plant And Equipment Purchased On Account
PropertyPlantAndEquipmentPurchasedOnAccount
176000000 usd
CY2022 us-gaap Tangible Asset Impairment Charges
TangibleAssetImpairmentCharges
0 usd
CY2023 us-gaap Tangible Asset Impairment Charges
TangibleAssetImpairmentCharges
0 usd
CY2022 us-gaap Depreciation
Depreciation
76000000 usd
CY2023 ups Defined Benefit Plan Wage And Benefit Rate Increase Agreement Period
DefinedBenefitPlanWageAndBenefitRateIncreaseAgreementPeriod
P5Y
CY2021Q2 us-gaap Defined Benefit Plan Actuarial Gain Loss
DefinedBenefitPlanActuarialGainLoss
2100000000 usd
CY2021 ups Defined Benefit Plan Immediate Recognition Of Prior Service Cost Credit
DefinedBenefitPlanImmediateRecognitionOfPriorServiceCostCredit
-69000000 usd
CY2021 ups Defined Benefit Plan Immediate Recognition Of Prior Service Cost Credit After Tax
DefinedBenefitPlanImmediateRecognitionOfPriorServiceCostCreditAfterTax
-52000000 usd
CY2021 ups Defined Benefit Plan Immediate Recognition Of Gain Loss On Plan Amendment
DefinedBenefitPlanImmediateRecognitionOfGainLossOnPlanAmendment
66000000 usd
CY2021 ups Defined Benefit Plan Immediate Recognition Of Gain Loss On Plan Amendment After Tax
DefinedBenefitPlanImmediateRecognitionOfGainLossOnPlanAmendmentAfterTax
50000000 usd
CY2022 us-gaap Defined Benefit Plan Recognized Net Gain Loss Due To Settlements And Curtailments1
DefinedBenefitPlanRecognizedNetGainLossDueToSettlementsAndCurtailments1
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CY2022 ups Defined Benefit Plan Net Periodic Benefit Cost Credit Gain Loss Due To Settlement And Curtailment After Tax
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CY2023Q1 ups Number Of Debt Instruments Issued
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CY2023Q1 ups Debt Instrument Redemption Price Minimum Threshold Percentage
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CY2022 us-gaap Variable Lease Cost
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CY2023 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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CY2023 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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CY2021 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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CY2022 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
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CY2021 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
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CY2023 us-gaap Effective Income Tax Rate Reconciliation Tax Credits
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CY2022 us-gaap Effective Income Tax Rate Reconciliation Tax Credits
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CY2021 us-gaap Effective Income Tax Rate Reconciliation Tax Credits
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CY2022 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Impairment Losses
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0
CY2021 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Impairment Losses
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CY2022 us-gaap Effective Income Tax Rate Reconciliation Tax Contingencies
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CY2021 us-gaap Effective Income Tax Rate Reconciliation Tax Contingencies
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CY2022 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
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CY2021 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
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CY2023 us-gaap Effective Income Tax Rate Continuing Operations
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CY2022 us-gaap Effective Income Tax Rate Continuing Operations
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CY2021 us-gaap Effective Income Tax Rate Continuing Operations
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CY2023 us-gaap Effective Income Tax Rate Continuing Operations
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CY2021 us-gaap Effective Income Tax Rate Continuing Operations
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CY2023 us-gaap Income Tax Reconciliation Nondeductible Expense Restructuring Charges
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CY2023Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards
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CY2023Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
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CY2022Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
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CY2022 us-gaap Net Income Loss
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CY2021 us-gaap Net Income Loss
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CY2022 us-gaap Weighted Average Number Of Shares Issued Basic
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CY2023 us-gaap Weighted Average Number Of Shares Restricted Stock
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CY2022 us-gaap Weighted Average Number Of Shares Restricted Stock
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CY2021 us-gaap Weighted Average Number Of Shares Restricted Stock
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CY2023 us-gaap Weighted Average Number Of Shares Outstanding Basic
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CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
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CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
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CY2023 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2023 us-gaap Earnings Per Share Basic
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CY2022 us-gaap Earnings Per Share Basic
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CY2021 us-gaap Earnings Per Share Basic
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CY2023 us-gaap Earnings Per Share Diluted
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CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
13.20
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
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CY2023 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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CY2022 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
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CY2021 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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CY2023Q4 us-gaap Derivative Collateral Obligation To Return Cash
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CY2022Q4 us-gaap Derivative Collateral Obligation To Return Cash
DerivativeCollateralObligationToReturnCash
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CY2023Q4 us-gaap Collateral Securities Repledged Delivered Or Used
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CY2022Q4 us-gaap Collateral Securities Repledged Delivered Or Used
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CY2023Q4 ups Commodity Asset
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CY2022Q4 ups Commodity Asset
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CY2023Q4 us-gaap Hedged Liability Fair Value Hedge
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CY2023Q4 us-gaap Hedged Liability Fair Value Hedge Cumulative Increase Decrease
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CY2022Q4 us-gaap Hedged Liability Fair Value Hedge
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CY2022Q4 us-gaap Hedged Liability Fair Value Hedge Cumulative Increase Decrease
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CY2023 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
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CY2022 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
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535000000 usd
CY2023 us-gaap Cash Flow Hedge Gain Loss To Be Reclassified Within Twelve Months
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CY2023 us-gaap Maximum Length Of Time Hedged In Cash Flow Hedge1
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CY2023Q4 us-gaap Restructuring And Related Cost Expected Number Of Positions Eliminated
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CY2023Q4 us-gaap Restructuring Reserve Current
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CY2023 us-gaap Severance Costs1
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CY2022 us-gaap Severance Costs1
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CY2021 us-gaap Severance Costs1
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CY2023 us-gaap Other Restructuring Costs
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CY2022 us-gaap Other Restructuring Costs
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CY2021 us-gaap Other Restructuring Costs
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CY2023 us-gaap Restructuring Costs
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CY2022 us-gaap Restructuring Costs
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CY2021 us-gaap Restructuring Costs
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CY2023 ups Income Tax Expense Benefit From Transformation Strategy
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CY2022 ups Income Tax Expense Benefit From Transformation Strategy
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CY2021 ups Income Tax Expense Benefit From Transformation Strategy
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CY2023 ups Transformation Strategy Cost
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CY2022 ups Transformation Strategy Cost
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CY2021 ups Transformation Strategy Cost
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CY2023Q4 ecd Non Rule10b51 Arr Trmntd Flag
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Files In Submission

Name View Source Status
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