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: 2020 | |||
STATEMENTS OF CONSOLIDATED CASH FLOWS | |||
Period Ending Dec 31, 2020 10-K (Filed: Feb 22, 2021) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
| Cash Flows From Operating Activities: | |||
| Net Income | $ 1,343 | 4,440 | 4,791 |
| Adjustments to reconcile net income to net cash from operating activities: | |||
| Depreciation and amortization | 2,698 | 2,360 | 2,207 |
| Pension and postretirement benefit expense | 7,125 | 3,141 | 2,242 |
| Pension and postretirement benefit contributions | (3,125) | (2,362) | (186) |
| Self-insurance reserves | 503 | (185) | (86) |
| Deferred tax (benefit) expense | (858) | 100 | 758 |
| Stock compensation expense | 796 | 915 | 634 |
| Other (gains) losses | 917 | 74 | 293 |
| Changes in assets and liabilities, net of effect of acquisitions: | |||
| Accounts receivable | (1,562) | (717) | (421) |
| Other assets | 218 | 698 | 754 |
| Accounts payable | 904 | 419 | 1,034 |
| Accrued wages and withholdings | 1,631 | (446) | 505 |
| Other liabilities | (110) | 182 | 170 |
| Other operating activities | (21) | 20 | 16 |
| Net cash from operating activities | 10,459 | 8,639 | 12,711 |
| Cash Flows From Investing Activities: | |||
| Capital expenditures | (5,412) | (6,380) | (6,283) |
| Proceeds from disposals of property, plant and equipment | 40 | 65 | 37 |
| Purchases of marketable securities | (254) | (561) | (973) |
| Sales and maturities of marketable securities | 360 | 883 | 886 |
| Net change in finance receivables | 44 | 13 | 4 |
| Cash paid for business acquisitions, net of cash and cash equivalents acquired | (20) | (6) | (2) |
| Other investing activities | (41) | (75) | 1 |
| Net cash (used in) investing activities | (5,283) | (6,061) | (6,330) |
| Cash Flows From Financing Activities: | |||
| Net change in short-term debt | (2,462) | 310 | 63 |
| Proceeds from long-term borrowings | 5,003 | 5,205 | 1,202 |
| Repayments of long-term borrowings | (3,392) | (3,096) | (2,887) |
| Purchases of common stock | (224) | (1,004) | (1,011) |
| Issuances of common stock | 285 | 218 | 240 |
| Dividends | (3,374) | (3,194) | (3,011) |
| Other financing activities | (353) | (166) | (288) |
| Net cash (used in) financing activities | (4,517) | (1,727) | (5,692) |
| Effect Of Exchange Rate Changes On Cash, Cash Equivalents and Restricted Cash | 13 | 20 | (91) |
| Net Increase (Decrease) In Cash, Cash Equivalents and Restricted Cash | 672 | 871 | 598 |
| Cash And Cash Equivalents: | |||
| Beginning of period | 5,238 | 4,367 | |
| End of period | 5,910 | 5,238 | 4,367 |
| Cash Paid During The Period For: | |||
| Interest (net of amount capitalized) | 691 | 628 | 595 |
| Income taxes (net of refunds and overpayments) | 1,138 | 514 | 2 |
| External Links | |
| UNITED PARCEL SERVICE INC (UPS) Fiscal Year 2020 | |
| 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 |