10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
UNITED PARCEL SERVICE INC | |||
Ticker: UPS Fiscal Year: 2013 | |||
STATEMENTS OF CONSOLIDATED INCOME | |||
Period Ending Dec 31, 2013 10-K (Filed: Feb 28, 2014) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2013 | Dec 31, 2012 | Dec 31, 2011 | |
| Revenue | $ 55,438 | 54,127 | 53,105 |
| Operating Expenses: | |||
| Compensation and benefits | 28,557 | 33,102 | 27,575 |
| Repairs and maintenance | 1,240 | 1,228 | 1,286 |
| Depreciation and amortization | 1,867 | 1,858 | 1,782 |
| Purchased transportation | 7,486 | 7,354 | 7,232 |
| Fuel | 4,027 | 4,090 | 4,046 |
| Other occupancy | 950 | 902 | 943 |
| Other expenses | 4,277 | 4,250 | 4,161 |
| Total Operating Expenses | 48,404 | 52,784 | 47,025 |
| Operating Profit | 7,034 | 1,343 | 6,080 |
| Other Income and (Expense): | |||
| Investment income | 20 | 24 | 44 |
| Interest expense | (380) | (393) | (348) |
| Total Other Income and (Expense) | (360) | (369) | (304) |
| Income Before Income Taxes | 6,674 | 974 | 5,776 |
| Income Tax Expense | 2,302 | 167 | 1,972 |
| Net Income | 4,372 | 807 | 3,804 |
| Basic Earnings Per Share (in dollars per share) | 4.65 | 0.84 | 3.88 |
| Diluted Earnings Per Share (in dollars per share) | 4.61 | 0.83 | 3.84 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
UNITED PARCEL SERVICE INC | |||
Ticker: UPS Fiscal Year: 2013 | |||
STATEMENTS OF CONSOLIDATED COMPREHENSIVE INCOME | |||
Period Ending Dec 31, 2013 10-K (Filed: Feb 28, 2014) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2013 | Dec 31, 2012 | Dec 31, 2011 | |
| Net income | $ 4,372 | 807 | 3,804 |
| Change in foreign currency translation adjustment, net of tax | (260) | 294 | (92) |
| Change in unrealized gain (loss) on marketable securities, net of tax | (7) | 0 | (6) |
| Change in unrealized gain (loss) on cash flow hedges, net of tax | 67 | (82) | 35 |
| Change in unrecognized pension and postretirement benefit costs, net of tax | 3,094 | (463) | (405) |
| Comprehensive income | 7,266 | 556 | 3,336 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
UNITED PARCEL SERVICE INC | |||
Ticker: UPS Fiscal Year: 2013 | |||
STATEMENTS OF CONSOLIDATED CASH FLOWS | |||
Period Ending Dec 31, 2013 10-K (Filed: Feb 28, 2014) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2013 | Dec 31, 2012 | Dec 31, 2011 | |
| Cash Flows From Operating Activities: | |||
| Net income | $ 4,372 | 807 | 3,804 |
| Adjustments to reconcile net income to net cash from operating activities: | |||
| Depreciation and amortization | 1,867 | 1,858 | 1,782 |
| Pension and postretirement benefit expense | 1,115 | 5,753 | 1,660 |
| Pension and postretirement benefit contributions | (212) | (917) | (1,436) |
| Self-insurance reserves | 34 | 156 | 53 |
| Deferred tax expense | (246) | (2,083) | 314 |
| Stock compensation expense | 513 | 547 | 524 |
| Other (gains) losses | 35 | 1,082 | 245 |
| Changes in assets and liabilities, net of effect of acquisitions: | |||
| Accounts receivable | (515) | (124) | (657) |
| Other current assets | (13) | 10 | 107 |
| Accounts payable | 218 | (58) | 249 |
| Accrued wages and withholdings | 416 | 98 | 339 |
| Other current liabilities | (140) | 206 | 186 |
| Other operating activities | (140) | (119) | (97) |
| Net cash from operating activities | 7,304 | 7,216 | 7,073 |
| Cash Flows From Investing Activities: | |||
| Capital expenditures | (2,065) | (2,153) | (2,005) |
| Proceeds from disposals of property, plant and equipment | 104 | 95 | 27 |
| Purchases of marketable securities | (2,948) | (2,357) | (4,903) |
| Sales and maturities of marketable securities | 2,957 | 2,985 | 4,490 |
| Net decrease in finance receivables | 39 | 101 | 184 |
| Cash received (paid) for business acquisitions and dispositions | (22) | (100) | (73) |
| Other investing activities | (179) | 94 | (257) |
| Net cash used in investing activities | (2,114) | (1,335) | (2,537) |
| Cash Flows From Financing Activities: | |||
| Net change in short-term debt | 0 | 0 | (183) |
| Proceeds from long-term borrowings | 100 | 1,745 | 279 |
| Repayments of long-term borrowings | (1,875) | (16) | (191) |
| Purchases of common stock | (3,838) | (1,621) | (2,665) |
| Issuances of common stock | 491 | 301 | 290 |
| Dividends | (2,260) | (2,130) | (1,997) |
| Other financing activities | (425) | (96) | (395) |
| Net cash used in financing activities | (7,807) | (1,817) | (4,862) |
| Effect Of Exchange Rate Changes On Cash And Cash Equivalents | (45) | 229 | (10) |
| Net Increase (Decrease) In Cash And Cash Equivalents | (2,662) | 4,293 | (336) |
| Cash And Cash Equivalents: | |||
| Beginning of period | 7,327 | 3,034 | |
| End of period | 4,665 | 7,327 | 3,034 |
| Cash Paid During The Period For: | |||
| Interest (net of amount capitalized) | 409 | 381 | 248 |
| Income taxes | 2,712 | 1,988 | 1,527 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
UNITED PARCEL SERVICE INC | ||
Ticker: UPS Fiscal Year: 2013 | ||
CONSOLIDATED BALANCE SHEETS | ||
Period Ending Dec 31, 2013 10-K (Filed: Feb 28, 2014) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 31, 2013 | Dec 31, 2012 | |
| ASSETS | ||
| Current Assets: | ||
| Cash and cash equivalents | $ 4,665 | 7,327 |
| Marketable securities | 580 | 597 |
| Accounts receivable, net | 6,502 | 6,111 |
| Deferred income tax assets | 684 | 583 |
| Other current assets | 956 | 973 |
| Total Current Assets | 13,387 | 15,591 |
| Property, Plant and Equipment, Net | 17,961 | 17,894 |
| Goodwill | 2,190 | 2,173 |
| Intangible Assets, Net | 775 | 603 |
| Investments and Restricted Cash | 444 | 307 |
| Derivative Assets | 323 | 535 |
| Deferred Income Tax Assets | 110 | 684 |
| Other Non-Current Assets | 1,022 | 1,076 |
| Total Assets | 36,212 | 38,863 |
| LIABILITIES AND SHAREOWNERS EQUITY | ||
| Current Liabilities: | ||
| Current maturities of long-term debt and commercial paper | 48 | 1,781 |
| Accounts payable | 2,478 | 2,278 |
| Accrued wages and withholdings | 2,325 | 1,927 |
| Self-insurance reserves | 719 | 763 |
| Other current liabilities | 1,561 | 1,641 |
| Total Current Liabilities | 7,131 | 8,390 |
| Long-Term Debt | 10,824 | 11,089 |
| Pension and Postretirement Benefit Obligations | 7,051 | 11,068 |
| Deferred Income Tax Liabilities | 1,244 | 48 |
| Self-Insurance Reserves | 2,059 | 1,980 |
| Other Non-Current Liabilities | 1,415 | 1,555 |
| Shareowners' Equity: | ||
| Additional paid-in capital | 0 | 0 |
| Retained earnings | 6,925 | 7,997 |
| Accumulated other comprehensive loss | (460) | (3,354) |
| Deferred compensation obligations | 69 | 78 |
| Less: Treasury stock (1 share in 2013 and 2012) | (69) | (78) |
| Total Equity for Controlling Interests | 6,474 | 4,653 |
| Noncontrolling Interests | 14 | 80 |
| Total Shareowners Equity | 6,488 | 4,733 |
| Total Liabilities and Shareowners Equity | 36,212 | 38,863 |
| Class of Stock | ||
| Class A Common Stock | ||
| Common stock | 2 | 3 |
| Class B Common Stock | ||
| Common stock | 7 | 7 |
| External Links | |
| UNITED PARCEL SERVICE INC (UPS) Fiscal Year 2013 | |
| Statements of 10-K in Excel | https://www.sec.gov/.../Financial.xlxs |
| Complete 10-K in HTML | https://www.sec.gov/.../10-K.html |
| Complete 10-K in XBRL | https://www.sec.gov/.../10-K-xbrl.zip |