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: 2011 | |||
STATEMENTS OF CONSOLIDATED INCOME | |||
Period Ending Dec 31, 2011 10-K (Filed: Feb 27, 2012) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2011 | Dec 31, 2010 | Dec 31, 2009 | |
| Revenue | $ 53,105 | 49,545 | 45,297 |
| Operating Expenses: | |||
| Compensation and benefits | 27,575 | 26,557 | 25,933 |
| Repairs and maintenance | 1,286 | 1,131 | 1,075 |
| Depreciation and amortization | 1,782 | 1,792 | 1,747 |
| Purchased transportation | 7,232 | 6,640 | 5,379 |
| Fuel | 4,046 | 2,972 | 2,365 |
| Other occupancy | 943 | 939 | 985 |
| Other expenses | 4,161 | 3,873 | 4,305 |
| Total Operating Expenses | 47,025 | 43,904 | 41,789 |
| Operating Profit | 6,080 | 5,641 | 3,508 |
| Other Income and (Expense): | |||
| Investment income | 44 | 3 | 10 |
| Interest expense | (348) | (354) | (445) |
| Total Other Income and (Expense) | (304) | (351) | (435) |
| Income Before Income Taxes | 5,776 | 5,290 | 3,073 |
| Income Tax Expense | 1,972 | 1,952 | 1,105 |
| Net Income | 3,804 | 3,338 | 1,968 |
| Basic Earnings Per Share | 3.88 | 3.36 | 1.97 |
| Diluted Earnings Per Share | 3.84 | 3.33 | 1.96 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
UNITED PARCEL SERVICE INC | |||
Ticker: UPS Fiscal Year: 2011 | |||
STATEMENTS OF CONSOLIDATED COMPREHENSIVE INCOME | |||
Period Ending Dec 31, 2011 10-K (Filed: Feb 27, 2012) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2011 | Dec 31, 2010 | Dec 31, 2009 | |
| Net income | $ 3,804 | 3,338 | 1,968 |
| Change in foreign currency translation adjustment, net of tax | (92) | (105) | 75 |
| Change in unrealized gain (loss) on marketable securities, net of tax | (6) | 39 | 33 |
| Change in unrealized gain (loss) on cash flow hedges, net of tax | 35 | (39) | (93) |
| Change in unrecognized pension and postretirement benefit costs, net of tax | (405) | (813) | 684 |
| Comprehensive income | 3,336 | 2,420 | 2,667 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
UNITED PARCEL SERVICE INC | |||
Ticker: UPS Fiscal Year: 2011 | |||
STATEMENTS OF CONSOLIDATED CASH FLOWS | |||
Period Ending Dec 31, 2011 10-K (Filed: Feb 27, 2012) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2011 | Dec 31, 2010 | Dec 31, 2009 | |
| Cash Flows From Operating Activities: | |||
| Net income | $ 3,804 | 3,338 | 1,968 |
| Adjustments to reconcile net income to net cash from operating activities: | |||
| Depreciation and amortization | 1,782 | 1,792 | 1,747 |
| Pension and postretirement benefit expense | 1,660 | 1,136 | 1,165 |
| Pension and postretirement benefit contributions | (1,436) | (3,240) | (924) |
| Self-insurance reserves | 53 | 45 | 47 |
| Deferred taxes, credits and other | 241 | 919 | 362 |
| Stock compensation expense | 524 | 519 | 430 |
| Asset impairment charges | 181 | ||
| Other (gains) losses | 245 | (13) | 115 |
| Changes in assets and liabilities, net of effect of acquisitions: | |||
| Accounts receivable | (657) | (532) | (30) |
| Income taxes receivable | 169 | (146) | 27 |
| Other current assets | (62) | (60) | 136 |
| Accounts payable | 249 | 265 | (107) |
| Accrued wages and withholdings | 339 | 98 | (102) |
| Other current liabilities | 186 | (284) | 184 |
| Other operating activities | (24) | (2) | 86 |
| Net cash from operating activities | 7,073 | 3,835 | 5,285 |
| Cash Flows From Investing Activities: | |||
| Capital expenditures | (2,005) | (1,389) | (1,602) |
| Proceeds from disposals of property, plant and equipment | 27 | 304 | 60 |
| Purchases of marketable securities | (4,903) | (2,490) | (2,251) |
| Sales and maturities of marketable securities | 4,490 | 2,520 | 2,240 |
| Net decrease in finance receivables | 184 | 108 | 261 |
| Cash received (paid) for business acquisitions and dispositions | (73) | 63 | (9) |
| Other investing activities | (257) | 230 | 53 |
| Net cash used in investing activities | (2,537) | (654) | (1,248) |
| Cash Flows From Financing Activities: | |||
| Net change in short-term debt | (183) | (481) | (1,738) |
| Proceeds from long-term borrowings | 279 | 2,195 | 3,160 |
| Repayments of long-term borrowings | (191) | (468) | (1,944) |
| Purchases of common stock | (2,665) | (817) | (561) |
| Issuances of common stock | 290 | 218 | 149 |
| Dividends | (1,997) | (1,818) | (1,751) |
| Other financing activities | (395) | (175) | (360) |
| Net cash used in financing activities | (4,862) | (1,346) | (3,045) |
| Effect Of Exchange Rate Changes On Cash And Cash Equivalents | (10) | (7) | 43 |
| Net Increase (Decrease) In Cash And Cash Equivalents | (336) | 1,828 | 1,035 |
| Cash And Cash Equivalents: | |||
| Beginning of period | 3,370 | 1,542 | |
| End of period | 3,034 | 3,370 | 1,542 |
| Cash Paid During The Period For: | |||
| Interest (net of amount capitalized) | 248 | 340 | 390 |
| Income taxes | 1,527 | 1,312 | 443 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
UNITED PARCEL SERVICE INC | ||
Ticker: UPS Fiscal Year: 2011 | ||
CONSOLIDATED BALANCE SHEETS | ||
Period Ending Dec 31, 2011 10-K (Filed: Feb 27, 2012) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 31, 2011 | Dec 31, 2010 | |
| ASSETS | ||
| Current Assets: | ||
| Cash and cash equivalents | $ 3,034 | 3,370 |
| Marketable securities | 1,241 | 711 |
| Accounts receivable, net | 6,246 | 5,627 |
| Deferred income tax assets | 611 | 659 |
| Other current assets | 1,152 | 1,202 |
| Total Current Assets | 12,284 | 11,569 |
| Property, Plant and Equipment, Net | 17,621 | 17,387 |
| Goodwill | 2,101 | 2,081 |
| Intangible Assets, Net | 585 | 599 |
| Non-Current Investments and Restricted Cash | 303 | 458 |
| Other Non-Current Assets | 1,807 | 1,503 |
| Total Assets | 34,701 | 33,597 |
| LIABILITIES AND SHAREOWNERS' EQUITY | ||
| Current Liabilities: | ||
| Current maturities of long-term debt and commercial paper | 33 | 355 |
| Accounts payable | 2,300 | 1,974 |
| Accrued wages and withholdings | 1,843 | 1,505 |
| Self-insurance reserves | 781 | 725 |
| Other current liabilities | 1,557 | 1,343 |
| Total Current Liabilities | 6,514 | 5,902 |
| Long-term debt | 11,095 | 10,491 |
| Pension and Postretirement Benefit Obligations | 5,505 | 4,663 |
| Deferred Income Tax Liabilities | 1,900 | 1,870 |
| Self-Insurance Reserves | 1,806 | 1,809 |
| Other Non-Current Liabilities | 773 | 815 |
| Shareowners' Equity: | ||
| Additional paid-in capital | ||
| Retained Earnings | 10,128 | 10,604 |
| Accumulated other comprehensive loss | (3,103) | (2,635) |
| Deferred compensation obligations | 88 | 103 |
| Less: Treasury stock (2 shares in 2011 and 2010) | (88) | (103) |
| Total Equity for Controlling Interests | 7,035 | 7,979 |
| Noncontrolling Interests | 73 | 68 |
| Total Shareowners' Equity | 7,108 | 8,047 |
| Total Liabilities and Shareowners' Equity | 34,701 | 33,597 |
| Class of Stock | ||
| Class A common stock | ||
| Common stock | 3 | 3 |
| Class B common stock | ||
| Common stock | 7 | 7 |
| External Links | |
| UNITED PARCEL SERVICE INC (UPS) Fiscal Year 2011 | |
| 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 |