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: 2012 | |||
STATEMENTS OF CONSOLIDATED INCOME | |||
Period Ending Dec 31, 2012 10-K (Filed: Feb 28, 2013) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2012 | Dec 31, 2011 | Dec 31, 2010 | |
| Revenue | $ 54,127 | 53,105 | 49,545 |
| Operating Expenses: | |||
| Compensation and benefits | 33,102 | 27,575 | 26,557 |
| Repairs and maintenance | 1,228 | 1,286 | 1,131 |
| Depreciation and amortization | 1,858 | 1,782 | 1,792 |
| Purchased transportation | 7,354 | 7,232 | 6,640 |
| Fuel | 4,090 | 4,046 | 2,972 |
| Other occupancy | 902 | 943 | 939 |
| Other expenses | 4,250 | 4,161 | 3,873 |
| Total Operating Expenses | 52,784 | 47,025 | 43,904 |
| Operating Profit | 1,343 | 6,080 | 5,641 |
| Other Income and (Expense): | |||
| Investment income | 24 | 44 | 3 |
| Interest expense | (393) | (348) | (354) |
| Total Other Income and (Expense) | (369) | (304) | (351) |
| Income Before Income Taxes | 974 | 5,776 | 5,290 |
| Income Tax Expense | 167 | 1,972 | 1,952 |
| Net Income | 807 | 3,804 | 3,338 |
| Basic Earnings Per Share (in dollars per share) | 0.84 | 3.88 | 3.36 |
| Diluted Earnings Per Share (in dollars per share) | 0.83 | 3.84 | 3.33 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
UNITED PARCEL SERVICE INC | |||
Ticker: UPS Fiscal Year: 2012 | |||
STATEMENTS OF CONSOLIDATED COMPREHENSIVE INCOME | |||
Period Ending Dec 31, 2012 10-K (Filed: Feb 28, 2013) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2012 | Dec 31, 2011 | Dec 31, 2010 | |
| Net income | $ 807 | 3,804 | 3,338 |
| Change in foreign currency translation adjustment, net of tax | 294 | (92) | (105) |
| Change in unrealized gain (loss) on marketable securities, net of tax | 0 | (6) | 39 |
| Change in unrealized gain (loss) on cash flow hedges, net of tax | (82) | 35 | (39) |
| Change in unrecognized pension and postretirement benefit costs, net of tax | (463) | (405) | (813) |
| Comprehensive income | 556 | 3,336 | 2,420 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
UNITED PARCEL SERVICE INC | |||
Ticker: UPS Fiscal Year: 2012 | |||
STATEMENTS OF CONSOLIDATED CASH FLOWS | |||
Period Ending Dec 31, 2012 10-K (Filed: Feb 28, 2013) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2012 | Dec 31, 2011 | Dec 31, 2010 | |
| Cash Flows From Operating Activities: | |||
| Net income | $ 807 | 3,804 | 3,338 |
| Adjustments to reconcile net income to net cash from operating activities: | |||
| Depreciation and amortization | 1,858 | 1,782 | 1,792 |
| Pension and postretirement benefit expense | 5,753 | 1,660 | 1,136 |
| Pension and postretirement benefit contributions | (917) | (1,436) | (3,240) |
| Self-insurance reserves | 156 | 53 | 45 |
| Deferred taxes, credits and other | (1,199) | 241 | 919 |
| Stock compensation expense | 547 | 524 | 519 |
| Other (gains) losses | 186 | 245 | (13) |
| Changes in assets and liabilities, net of effect of acquisitions: | |||
| Accounts receivable | (124) | (657) | (532) |
| Other current assets | 10 | 107 | (206) |
| Accounts payable | (58) | 249 | 265 |
| Accrued wages and withholdings | 98 | 339 | 98 |
| Other current liabilities | 206 | 186 | (284) |
| Other operating activities | (107) | (24) | (2) |
| Net cash from operating activities | 7,216 | 7,073 | 3,835 |
| Cash Flows From Investing Activities: | |||
| Capital expenditures | (2,153) | (2,005) | (1,389) |
| Proceeds from disposals of property, plant and equipment | 95 | 27 | 304 |
| Purchases of marketable securities | (2,357) | (4,903) | (2,490) |
| Sales and maturities of marketable securities | 2,985 | 4,490 | 2,520 |
| Net decrease in finance receivables | 101 | 184 | 108 |
| Cash received (paid) for business acquisitions and dispositions | (100) | (73) | 63 |
| Other investing activities | 94 | (257) | 230 |
| Net cash used in investing activities | (1,335) | (2,537) | (654) |
| Cash Flows From Financing Activities: | |||
| Net change in short-term debt | 0 | (183) | (481) |
| Proceeds from long-term borrowings | 1,745 | 279 | 2,195 |
| Repayments of long-term borrowings | (16) | (191) | (468) |
| Purchases of common stock | (1,621) | (2,665) | (817) |
| Issuances of common stock | 301 | 290 | 218 |
| Dividends | (2,130) | (1,997) | (1,818) |
| Other financing activities | (96) | (395) | (175) |
| Net cash used in financing activities | (1,817) | (4,862) | (1,346) |
| Effect Of Exchange Rate Changes On Cash And Cash Equivalents | 229 | (10) | (7) |
| Net Increase (Decrease) In Cash And Cash Equivalents | 4,293 | (336) | 1,828 |
| Cash And Cash Equivalents: | |||
| Beginning of period | 3,034 | 3,370 | |
| End of period | 7,327 | 3,034 | 3,370 |
| Cash Paid During The Period For: | |||
| Interest (net of amount capitalized) | 381 | 248 | 340 |
| Income taxes | 1,988 | 1,527 | 1,312 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
UNITED PARCEL SERVICE INC | ||
Ticker: UPS Fiscal Year: 2012 | ||
CONSOLIDATED BALANCE SHEETS | ||
Period Ending Dec 31, 2012 10-K (Filed: Feb 28, 2013) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 31, 2012 | Dec 31, 2011 | |
| ASSETS | ||
| Current Assets: | ||
| Cash and cash equivalents | $ 7,327 | 3,034 |
| Marketable securities | 597 | 1,241 |
| Accounts receivable, net | 6,111 | 6,246 |
| Deferred income tax assets | 583 | 611 |
| Other current assets | 973 | 1,152 |
| Total Current Assets | 15,591 | 12,284 |
| Property, Plant and Equipment, Net | 17,894 | 17,621 |
| Goodwill | 2,173 | 2,101 |
| Intangible Assets, Net | 603 | 585 |
| Investments and Restricted Cash | 307 | 303 |
| Derivative Assets | 535 | 483 |
| Deferred Income Tax Assets | 684 | 118 |
| Other Non-Current Assets | 1,076 | 1,206 |
| Total Assets | 38,863 | 34,701 |
| LIABILITIES AND SHAREOWNERS EQUITY | ||
| Current Liabilities: | ||
| Current maturities of long-term debt and commercial paper | 1,781 | 33 |
| Accounts payable | 2,278 | 2,300 |
| Accrued wages and withholdings | 1,927 | 1,843 |
| Self-insurance reserves | 763 | 781 |
| Other current liabilities | 1,641 | 1,557 |
| Total Current Liabilities | 8,390 | 6,514 |
| Long-Term Debt | 11,089 | 11,095 |
| Pension and Postretirement Benefit Obligations | 11,068 | 5,505 |
| Deferred Income Tax Liabilities | 48 | 1,900 |
| Self-Insurance Reserves | 1,980 | 1,806 |
| Other Non-Current Liabilities | 1,555 | 773 |
| Shareowners' Equity: | ||
| Additional paid-in capital | 0 | 0 |
| Retained earnings | 7,997 | 10,128 |
| Accumulated other comprehensive loss | (3,354) | (3,103) |
| Deferred compensation obligations | 78 | 88 |
| Less: Treasury stock (1 and 2 shares in 2012 and 2011) | (78) | (88) |
| Total Equity for Controlling Interests | 4,653 | 7,035 |
| Noncontrolling Interests | 80 | 73 |
| Total Shareowners Equity | 4,733 | 7,108 |
| Total Liabilities and Shareowners Equity | 38,863 | 34,701 |
| 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 2012 | |
| 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 |