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: 2015 | |||
STATEMENTS OF CONSOLIDATED INCOME | |||
Period Ending Dec 31, 2015 10-K (Filed: Feb 25, 2016) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2015 | Dec 31, 2014 | Dec 31, 2013 | |
| Revenue | $ 58,363 | 58,232 | 55,438 |
| Operating Expenses: | |||
| Compensation and benefits | 31,028 | 32,045 | 28,557 |
| Repairs and maintenance | 1,400 | 1,371 | 1,240 |
| Depreciation and amortization | 2,084 | 1,923 | 1,867 |
| Purchased transportation | 8,043 | 8,460 | 7,486 |
| Fuel | 2,482 | 3,883 | 4,027 |
| Other occupancy | 1,022 | 1,044 | 950 |
| Other expenses | 4,636 | 4,538 | 4,277 |
| Total Operating Expenses | 50,695 | 53,264 | 48,404 |
| Operating Profit | 7,668 | 4,968 | 7,034 |
| Other Income and (Expense): | |||
| Investment income | 15 | 22 | 20 |
| Interest expense | (341) | (353) | (380) |
| Total Other Income and (Expense) | (326) | (331) | (360) |
| Income Before Income Taxes | 7,342 | 4,637 | 6,674 |
| Income Tax Expense | 2,498 | 1,605 | 2,302 |
| Net Income | 4,844 | 3,032 | 4,372 |
| Basic Earnings Per Share (in dollars per share) | 5.38 | 3.31 | 4.65 |
| Diluted Earnings Per Share (in dollars per share) | 5.35 | 3.28 | 4.61 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
UNITED PARCEL SERVICE INC | |||
Ticker: UPS Fiscal Year: 2015 | |||
STATEMENTS OF CONSOLIDATED COMPREHENSIVE INCOME | |||
Period Ending Dec 31, 2015 10-K (Filed: Feb 25, 2016) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2015 | Dec 31, 2014 | Dec 31, 2013 | |
| Net Income | $ 4,844 | 3,032 | 4,372 |
| Change in foreign currency translation adjustment, net of tax | (440) | (331) | (260) |
| Change in unrealized gain (loss) on marketable securities, net of tax | (1) | 1 | (7) |
| Change in unrealized gain (loss) on cash flow hedges, net of tax | 6 | 280 | 67 |
| Change in unrecognized pension and postretirement benefit costs, net of tax | 489 | (3,084) | 3,094 |
| Comprehensive Income (Loss) | 4,898 | (102) | 7,266 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
UNITED PARCEL SERVICE INC | |||
Ticker: UPS Fiscal Year: 2015 | |||
STATEMENTS OF CONSOLIDATED CASH FLOWS | |||
Period Ending Dec 31, 2015 10-K (Filed: Feb 25, 2016) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2015 | Dec 31, 2014 | Dec 31, 2013 | |
| Cash Flows From Operating Activities: | |||
| Net Income | $ 4,844 | 3,032 | 4,372 |
| Adjustments to reconcile net income to net cash from operating activities: | |||
| Depreciation and amortization | 2,084 | 1,923 | 1,867 |
| Pension and postretirement benefit expense | 1,189 | 3,040 | 1,115 |
| Pension and postretirement benefit contributions | (1,229) | (1,258) | (212) |
| pension obligation settlement | 0 | (2,271) | 0 |
| Self-insurance reserves | (80) | (201) | 34 |
| Deferred tax expense | 540 | 385 | (246) |
| Stock compensation expense | 574 | 536 | 513 |
| Other (gains) losses | (185) | 218 | 35 |
| Changes in assets and liabilities, net of effect of acquisitions: | |||
| Accounts receivable | (452) | (523) | (515) |
| Other current assets | 414 | 112 | (13) |
| Accounts payable | (147) | 276 | 218 |
| Accrued wages and withholdings | (63) | 106 | 416 |
| Other current liabilities | (6) | 317 | (140) |
| Other operating activities | (53) | 34 | (140) |
| Net cash from operating activities | 7,430 | 5,726 | 7,304 |
| Cash Flows From Investing Activities: | |||
| Capital expenditures | (2,379) | (2,328) | (2,065) |
| Proceeds from disposals of property, plant and equipment | 26 | 53 | 104 |
| Purchases of marketable securities | (7,415) | (3,525) | (2,948) |
| Sales and maturities of marketable securities | 6,388 | 3,106 | 2,957 |
| Net decrease in finance receivables | 5 | 44 | 39 |
| Cash paid for business acquisitions | (1,904) | (88) | (22) |
| Other investing activities | (30) | (63) | (179) |
| Net cash used in investing activities | (5,309) | (2,801) | (2,114) |
| Cash Flows From Financing Activities: | |||
| Net change in short-term debt | 2,529 | 0 | 0 |
| Proceeds from long-term borrowings | 3,783 | 1,525 | 100 |
| Repayments of long-term borrowings | (2,724) | (1,694) | (1,875) |
| Purchases of common stock | (2,702) | (2,695) | (3,838) |
| Issuances of common stock | 249 | 274 | 491 |
| Dividends | (2,525) | (2,366) | (2,260) |
| Other financing activities | (175) | (205) | (425) |
| Net cash used in financing activities | (1,565) | (5,161) | (7,807) |
| Effect Of Exchange Rate Changes On Cash And Cash Equivalents | (117) | (138) | (45) |
| Net Increase (Decrease) In Cash And Cash Equivalents | 439 | (2,374) | (2,662) |
| Cash And Cash Equivalents: | |||
| Beginning of period | 2,291 | 4,665 | |
| End of period | 2,730 | 2,291 | 4,665 |
| Cash Paid During The Period For: | |||
| Interest (net of amount capitalized) | 345 | 366 | 409 |
| Income taxes | 1,913 | 1,524 | 2,712 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
UNITED PARCEL SERVICE INC | ||
Ticker: UPS Fiscal Year: 2015 | ||
CONSOLIDATED BALANCE SHEETS | ||
Period Ending Dec 31, 2015 10-K (Filed: Feb 25, 2016) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 31, 2015 | Dec 31, 2014 | |
| ASSETS | ||
| Current Assets: | ||
| Cash and cash equivalents | $ 2,730 | 2,291 |
| Marketable securities | 1,996 | 992 |
| Accounts receivable, net | 7,134 | 6,661 |
| Other current assets | 1,348 | 1,274 |
| Total Current Assets | 13,208 | 11,218 |
| Property, Plant and Equipment, Net | 18,352 | 18,281 |
| Goodwill | 3,419 | 2,184 |
| Intangible Assets, Net | 1,549 | 847 |
| Investments and Restricted Cash | 473 | 489 |
| Deferred Income Tax Assets | 255 | 1,219 |
| Other Non-Current Assets | 1,055 | 1,202 |
| Total Assets | 38,311 | 35,440 |
| LIABILITIES AND SHAREOWNERS EQUITY | ||
| Current Liabilities: | ||
| Current maturities of long-term debt and commercial paper | 3,018 | 923 |
| Accounts payable | 2,587 | 2,754 |
| Accrued wages and withholdings | 2,253 | 2,373 |
| Hedge margin liabilities | 717 | 548 |
| Self-insurance reserves | 657 | 656 |
| Other current liabilities | 1,464 | 1,367 |
| Total Current Liabilities | 10,696 | 8,621 |
| Long-Term Debt | 11,316 | 9,856 |
| Pension and Postretirement Benefit Obligations | 10,638 | 11,452 |
| Deferred Income Tax Liabilities | 115 | 78 |
| Self-Insurance Reserves | 1,831 | 1,916 |
| Other Non-Current Liabilities | 1,224 | 1,359 |
| Shareowners' Equity: | ||
| Additional paid-in capital | 0 | 0 |
| Retained earnings | 6,001 | 5,726 |
| Accumulated other comprehensive loss | (3,540) | (3,594) |
| Deferred compensation obligations | 51 | 59 |
| Less: Treasury stock (1 share in 2015 and 2014) | (51) | (59) |
| Total Equity for Controlling Interests | 2,470 | 2,141 |
| Noncontrolling Interests | 21 | 17 |
| Total Shareowners Equity | 2,491 | 2,158 |
| Total Liabilities and Shareowners Equity | 38,311 | 35,440 |
| Class of Stock | ||
| Class A Common Stock: | ||
| Common stock | 2 | 2 |
| Class B Common Stock: | ||
| Common stock | 7 | 7 |
| External Links | |
| UNITED PARCEL SERVICE INC (UPS) Fiscal Year 2015 | |
| 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 |