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: 2014 | |||
STATEMENTS OF CONSOLIDATED CASH FLOWS | |||
Period Ending Dec 31, 2014 10-K (Filed: Feb 27, 2015) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2014 | Dec 31, 2013 | Dec 31, 2012 | |
| Cash Flows From Operating Activities: | |||
| Net income | $ 3,032 | 4,372 | 807 |
| Adjustments to reconcile net income to net cash from operating activities: | |||
| Depreciation and amortization | 1,923 | 1,867 | 1,858 |
| Pension and postretirement benefit expense | 3,040 | 1,115 | 5,753 |
| Pension and postretirement benefit contributions | (1,258) | (212) | (917) |
| pension obligation settlement | 2,271 | ||
| Self-insurance reserves | (201) | 34 | 156 |
| Deferred tax expense | 385 | (246) | (2,083) |
| Stock compensation expense | 536 | 513 | 547 |
| Other (gains) losses | 218 | 35 | 1,082 |
| Changes in assets and liabilities, net of effect of acquisitions: | |||
| Accounts receivable | (523) | (515) | (124) |
| Other current assets | 112 | (13) | 10 |
| Accounts payable | 276 | 218 | (58) |
| Accrued wages and withholdings | 106 | 416 | 98 |
| Other current liabilities | 317 | (140) | 206 |
| Other operating activities | 34 | (140) | (119) |
| Net cash from operating activities | 5,726 | 7,304 | 7,216 |
| Cash Flows From Investing Activities: | |||
| Capital expenditures | (2,328) | (2,065) | (2,153) |
| Proceeds from disposals of property, plant and equipment | 53 | 104 | 95 |
| Purchases of marketable securities | (3,525) | (2,948) | (2,357) |
| Sales and maturities of marketable securities | 3,106 | 2,957 | 2,985 |
| Net decrease in finance receivables | 44 | 39 | 101 |
| Cash paid for business acquisitions | (88) | (22) | (100) |
| Other investing activities | (63) | (179) | 94 |
| Net cash used in investing activities | (2,801) | (2,114) | (1,335) |
| Cash Flows From Financing Activities: | |||
| Net change in short-term debt | 0 | 0 | 0 |
| Proceeds from long-term borrowings | 1,525 | 100 | 1,745 |
| Repayments of long-term borrowings | (1,694) | (1,875) | (16) |
| Purchases of common stock | (2,695) | (3,838) | (1,621) |
| Issuances of common stock | 274 | 491 | 301 |
| Dividends | (2,366) | (2,260) | (2,130) |
| Other financing activities | (205) | (425) | (96) |
| Net cash used in financing activities | (5,161) | (7,807) | (1,817) |
| Effect Of Exchange Rate Changes On Cash And Cash Equivalents | (138) | (45) | 229 |
| Net Increase (Decrease) In Cash And Cash Equivalents | (2,374) | (2,662) | 4,293 |
| Cash And Cash Equivalents: | |||
| Beginning of period | 4,665 | 7,327 | |
| End of period | 2,291 | 4,665 | 7,327 |
| Cash Paid During The Period For: | |||
| Interest (net of amount capitalized) | 366 | 409 | 381 |
| Income taxes | 1,524 | 2,712 | 1,988 |
| External Links | |
| UNITED PARCEL SERVICE INC (UPS) Fiscal Year 2014 | |
| 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 |