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: 2021 | |||
STATEMENTS OF CONSOLIDATED CASH FLOWS | |||
Period Ending Dec 31, 2021 10-K (Filed: Feb 22, 2022) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
| Cash Flows From Operating Activities: | |||
| Net Income | $ 12,890 | 1,343 | 4,440 |
| Adjustments to reconcile net income to net cash from operating activities: | |||
| Depreciation and amortization | 2,953 | 2,698 | 2,360 |
| Pension and postretirement benefit (income) expense | (2,456) | 7,125 | 3,141 |
| Pension and postretirement benefit contributions | (576) | (3,125) | (2,362) |
| Self-insurance reserves | 178 | 503 | (185) |
| Deferred tax (benefit) expense | 1,645 | (858) | 100 |
| Stock compensation expense | 878 | 796 | 915 |
| Other (gains) losses | 137 | 917 | 74 |
| Changes in assets and liabilities, net of effect of acquisitions: | |||
| Accounts receivable | (2,147) | (1,562) | (717) |
| Other assets | 312 | 218 | 698 |
| Accounts payable | 1,265 | 904 | 419 |
| Accrued wages and withholdings | (245) | 1,631 | (446) |
| Other liabilities | 151 | (110) | 182 |
| Other operating activities | 22 | (21) | 20 |
| Net cash from operating activities | 15,007 | 10,459 | 8,639 |
| Cash Flows From Investing Activities: | |||
| Capital expenditures | (4,194) | (5,412) | (6,380) |
| Proceeds from Sales of Business, Affiliate and Productive Assets | 872 | ||
| Proceeds from disposal of businesses, property, plant and equipment | 40 | 65 | |
| Purchases of marketable securities | (312) | (254) | (561) |
| Sales and maturities of marketable securities | 366 | 360 | 883 |
| Net change in finance receivables | 34 | 44 | 13 |
| Cash paid for business acquisitions, net of cash and cash equivalents acquired | (602) | (20) | (6) |
| Other investing activities | 18 | (41) | (75) |
| Net cash used in investing activities | (3,818) | (5,283) | (6,061) |
| Cash Flows From Financing Activities: | |||
| Net change in short-term debt | 0 | (2,462) | 310 |
| Proceeds from long-term borrowings | 0 | 5,003 | 5,205 |
| Repayments of long-term borrowings | (2,773) | (3,392) | (3,096) |
| Purchases of common stock | (500) | (224) | (1,004) |
| Issuances of common stock | 251 | 285 | 218 |
| Dividends | (3,437) | (3,374) | (3,194) |
| Other financing activities | (364) | (353) | (166) |
| Net cash used in financing activities | (6,823) | (4,517) | (1,727) |
| Effect Of Exchange Rate Changes On Cash, Cash Equivalents and Restricted Cash | (21) | 13 | 20 |
| Net Increase (Decrease) In Cash, Cash Equivalents and Restricted Cash | 4,345 | 672 | 871 |
| Cash And Cash Equivalents: | |||
| Beginning of period | 5,910 | 5,238 | |
| End of period | 10,255 | 5,910 | 5,238 |
| Cash Paid During The Period For: | |||
| Interest (net of amount capitalized) | 697 | 691 | 628 |
| Income taxes (net of refunds) | 1,869 | 1,138 | 514 |
| External Links | |
| UNITED PARCEL SERVICE INC (UPS) Fiscal Year 2021 | |
| 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 |