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: 2022 | |||
STATEMENTS OF CONSOLIDATED CASH FLOWS | |||
Period Ending Dec 31, 2022 10-K (Filed: Feb 21, 2023) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
| Cash Flows From Operating Activities: | |||
| Net Income | $ 11,548 | 12,890 | 1,343 |
| Adjustments to reconcile net income to net cash from operating activities: | |||
| Depreciation and amortization | 3,188 | 2,953 | 2,698 |
| Pension and postretirement benefit (income) expense | (129) | (2,456) | 7,125 |
| Pension and postretirement benefit contributions | (2,342) | (576) | (3,125) |
| Self-insurance reserves | (20) | 178 | 503 |
| Deferred tax (benefit) expense | 531 | 1,645 | (858) |
| Stock compensation expense | 1,568 | 878 | 796 |
| Other (gains) losses | 123 | 137 | 917 |
| Changes in assets and liabilities, net of effect of acquisitions: | |||
| Accounts receivable | (322) | (2,147) | (1,562) |
| Other assets | 117 | 312 | 218 |
| Accounts payable | 34 | 1,265 | 904 |
| Accrued wages and withholdings | (189) | (245) | 1,631 |
| Other liabilities | (9) | 151 | (110) |
| Other operating activities | 6 | 22 | (21) |
| Net cash from operating activities | 14,104 | 15,007 | 10,459 |
| Cash Flows From Investing Activities: | |||
| Capital expenditures | (4,769) | (4,194) | (5,412) |
| Proceeds from disposal of businesses, property, plant and equipment | 872 | ||
| Proceeds from disposal of businesses, property, plant and equipment | 12 | 40 | |
| Purchases of marketable securities | (1,906) | (312) | (254) |
| Sales and maturities of marketable securities | 255 | 366 | 360 |
| Net change in finance receivables | 24 | 34 | 44 |
| Acquisitions, net of cash acquired | (755) | (602) | (20) |
| Other investing activities | (333) | 18 | (41) |
| Net cash used in investing activities | (7,472) | (3,818) | (5,283) |
| Cash Flows From Financing Activities: | |||
| Net change in short-term debt | 0 | 0 | (2,462) |
| Proceeds from long-term borrowings | 0 | 0 | 5,003 |
| Repayments of long-term borrowings | (2,304) | (2,773) | (3,392) |
| Purchases of common stock | (3,500) | (500) | (224) |
| Issuances of common stock | 262 | 251 | 285 |
| Dividends | (5,114) | (3,437) | (3,374) |
| Other financing activities | (529) | (364) | (353) |
| Net cash used in financing activities | (11,185) | (6,823) | (4,517) |
| Effect Of Exchange Rate Changes On Cash, Cash Equivalents and Restricted Cash | (100) | (21) | 13 |
| Net Increase (Decrease) In Cash, Cash Equivalents and Restricted Cash | (4,653) | 4,345 | 672 |
| Cash, Cash Equivalents and Restricted Cash: | |||
| Beginning of period | 10,255 | 5,910 | |
| End of period | 5,602 | 10,255 | 5,910 |
| Cash Paid During The Period For: | |||
| Interest (net of amount capitalized) | 721 | 697 | 691 |
| Income taxes (net of refunds) | 2,574 | 1,869 | 1,138 |
| External Links | |
| UNITED PARCEL SERVICE INC (UPS) Fiscal Year 2022 | |
| 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 |