United parcel service, inc. (UPS)
CashFlow / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10Dec'09Sep'09Jun'09Mar'09
Cash Flows From Operating Activities:
Net Income

965

-106

1,750

1,685

1,111

453

1,508

1,485

1,345

1,096

1,259

1,384

1,166

-248

1,270

1,269

1,131

1,331

1,257

1,230

1,026

453

1,214

454

911

1,167

1,097

1,071

1,037

-1,748

469

1,116

970

725

1,072

1,092

915

969

991

845

533

573

549

445

401

Adjustments to reconcile net income to net cash from operating activities:
Depreciation and amortization

648

630

587

575

568

545

524

542

596

594

572

562

554

563

554

555

552

541

527

510

506

497

485

473

468

467

460

466

474

476

464

459

459

451

447

443

441

444

448

449

451

450

441

426

430

Pension and postretirement benefit expense

160

2,575

190

188

188

1,781

153

154

154

992

188

231

232

2,921

267

270

267

382

268

269

270

1,306

211

1,283

240

280

273

279

283

5,044

236

235

238

1,032

209

209

210

464

224

224

224

506

218

223

218

Pension and postretirement benefit contributions

222

41

1,213

894

214

49

45

48

44

5,209

55

41

2,489

1,370

1,209

46

43

1,082

48

52

47

1,095

48

59

56

54

44

57

57

53

414

230

220

39

101

44

1,252

2,171

257

156

656

166

578

156

24

Self-insurance reserves

124

-4

-83

-24

-74

41

-61

-55

-11

17

0

43

-60

17

-13

23

-48

68

-126

8

-30

76

-200

-20

-57

102

-72

23

-19

15

71

59

11

9

2

48

-6

28

-29

59

-13

78

50

-9

-72

Deferred tax (benefit) expense

86

57

-232

197

78

540

76

36

106

926

118

81

99

267

-119

-36

5

738

-58

-91

-49

318

259

-132

-60

149

-113

-94

-188

-2,413

478

-56

-92

-73

145

114

128

943

-59

-104

139

10

391

34

-73

Stock compensation expense

231

199

203

205

308

127

129

139

239

121

118

133

212

120

125

131

215

122

124

134

194

106

124

142

164

107

118

131

157

126

126

133

162

122

130

152

120

170

111

138

100

118

93

114

105

Asset impairment charges

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

181

Other (gains) losses

-33

-28

62

-68

-40

-50

-63

-109

-71

-58

10

20

-9

33

60

14

91

106

28

46

5

-16

-58

-74

-70

-83

-50

-109

207

-920

-47

-35

-80

-85

-69

-68

-23

-2

143

-225

97

-180

63

71

-69

Changes in assets and liabilities, net of effects of business acquisitions:
Accounts receivable

-1,223

1,560

-26

484

-1,301

1,517

174

-69

-1,201

1,840

320

-4

-1,134

1,486

272

28

-1,082

1,190

142

-117

-763

971

137

74

-659

932

125

-121

-421

592

22

95

-585

834

8

127

-312

489

85

135

-177

580

302

-102

-750

Other assets

-209

80

-380

-270

-128

545

46

-245

-1,100

1,135

269

-37

-383

365

-140

-95

-135

107

-220

-82

-219

-172

-209

276

-7

24

-26

36

-21

-57

-3

16

34

78

-80

32

-137

287

-99

-2

20

25

-60

17

-118

Accounts payable

-1,101

1,333

-132

361

-1,143

1,425

-131

341

-601

997

132

143

-673

736

34

261

-571

598

-187

13

-571

676

-43

1

-358

647

-220

72

-281

221

-116

113

-276

316

-44

58

-81

203

63

-49

48

212

-26

-179

-114

Accrued wages and withholdings

83

60

-250

-162

-94

305

209

58

-67

66

147

21

-34

45

119

35

-108

-58

174

5

-184

207

140

-266

25

295

170

-45

-4

85

47

-77

43

-28

198

25

144

-292

-122

133

379

-368

-8

96

178

Other liabilities

102

-211

336

-30

87

135

13

46

-24

339

-124

-184

-274

-55

-135

-492

136

-220

200

-651

665

5

105

-22

229

14

-7

-286

139

10

-108

-73

377

98

-133

39

182

-63

-332

22

89

151

129

-222

126

Other liabilities

-9

-66

14

25

7

2

-4

-12

-2

-39

-41

12

20

2

31

0

-8

2

5

40

6

-45

18

18

-25

57

-16

81

18

35

28

33

23

75

18

12

-8

9

-2

-4

-1

-16

2

-31

-41

Net cash from operating activities

2,550

2,946

1,486

1,930

2,277

3,289

2,222

3,133

4,067

-2,939

1,797

2,382

239

1,110

670

2,023

2,670

1,015

2,176

1,488

2,751

1,535

2,359

-435

2,267

2,244

1,629

1,673

1,758

2,113

1,253

1,570

2,280

1,711

2,048

2,033

1,281

-88

911

1,463

1,549

1,052

1,078

959

2,196

Cash Flows From Investing Activities:
Capital expenditures

933

2,044

1,475

1,347

1,514

1,793

1,641

1,312

1,537

1,519

1,699

1,071

938

1,128

874

536

427

731

690

593

365

884

631

491

322

460

615

537

453

550

654

521

428

448

606

549

402

378

347

381

283

417

514

289

382

Proceeds from disposals of property, plant and equipment

1

4

55

2

4

-8

10

15

20

6

4

3

11

12

65

8

3

12

6

6

2

25

18

6

4

14

66

12

12

34

29

13

19

-2

7

11

11

10

254

20

20

20

23

11

6

Purchases of marketable securities

80

74

104

135

248

339

188

269

177

165

383

573

509

563

1,119

1,532

1,599

1,341

1,521

2,644

1,909

974

738

1,226

587

473

860

1,114

501

101

316

780

1,160

1,073

1,524

1,264

1,042

739

727

714

310

385

438

563

865

Sales and maturities of marketable securities

80

66

337

131

349

274

159

207

246

408

471

555

556

1,686

1,698

1,366

974

1,567

1,981

1,897

943

1,250

1,002

763

91

1,464

776

616

101

84

297

1,142

1,462

1,133

1,149

1,067

1,141

802

820

564

334

386

424

667

763

Net change in finance receivables

-3

-5

0

2

-10

-11

3

4

0

-6

-15

5

11

-5

-17

-7

20

-16

-2

4

9

-21

-10

-6

-7

-11

-9

-9

-10

-45

-14

-18

-24

-56

-47

-55

-26

-

-

-

-

-55

-51

-95

-60

Cash paid for business acquisitions, net of cash and cash equivalents acquired

0

0

5

0

1

0

0

2

0

73

4

32

25

544

0

-3

6

-21

1,835

80

10

66

0

0

22

2

20

0

0

0

0

0

100

73

0

0

0

-

-

-

-

-

-

-

-

Other investing activities

5

-9

-12

80

16

-24

16

9

-2

19

-6

-8

-6

4

20

2

33

-106

126

1

9

34

-2

15

16

205

-34

86

-78

-60

-30

-80

76

14

120

107

16

-49

-85

-107

11

19

10

-60

-22

Net cash used in investing activities

-934

-2,034

-1,180

-1,431

-1,416

-1,831

-1,679

-1,374

-1,446

-1,356

-1,590

-1,115

-910

-536

-233

-686

-1,108

-350

-2,183

-1,419

-1,357

-662

-337

-957

-845

349

-610

-1,100

-753

-428

-600

-48

-259

-421

-1,047

-787

-282

-161

115

-358

-250

-369

-464

-19

-396

Cash Flows From Financing Activities:
Net change in short-term debt

-91

1,410

-1,049

1,166

-1,217

140

-145

-97

165

104

456

-1,372

562

601

1,092

-1,022

-759

-1,017

1,227

856

1,463

-1,066

-30

-87

1,183

-1,653

608

-427

1,472

-2,075

198

992

885

-1,293

-62

-125

1,297

-655

-652

198

628

-577

-290

-437

-434

Proceeds from long-term borrowings

4,253

403

2,149

512

2,141

150

539

354

159

6,688

1,513

2,743

1,072

1,909

1,128

1,089

1,801

1,856

355

6

1,566

239

522

764

0

0

0

-1

101

4

1,737

0

4

2

108

157

12

2,082

59

2

52

20

6

118

3,016

Repayments of long-term borrowings

687

685

423

1,549

439

765

108

358

1,656

1,489

1,230

717

503

1,482

1,189

911

223

1,025

211

803

685

673

1

1,012

8

14

0

110

1,751

8

0

8

0

11

1

66

113

113

136

13

206

191

393

1,014

346

Purchases of common stock

220

253

248

257

246

241

249

260

261

467

448

460

438

671

678

689

640

674

680

672

676

633

683

709

670

972

999

842

1,025

219

517

338

547

492

1,121

547

505

218

156

165

278

166

148

131

116

Issuances of common stock

70

57

32

82

47

64

51

48

77

70

45

58

74

49

49

64

83

55

54

68

72

71

54

73

76

123

75

112

181

48

59

63

131

70

57

59

104

67

45

61

45

45

36

37

31

Dividends

840

797

798

800

799

751

753

753

754

686

696

694

695

656

660

661

666

626

629

634

636

586

588

596

596

558

562

568

572

530

532

534

534

497

493

504

503

455

452

455

456

438

437

438

438

Other financing activities

-318

-8

17

7

-182

-29

12

9

-280

-19

2

10

-196

-109

61

-14

-36

26

-24

28

-205

-100

-55

55

-105

-17

203

-359

-252

-104

-36

-68

112

-157

-1

-192

-45

-115

-1

-17

-42

-77

0

-27

-256

Net cash from (used in) financing activities

2,167

127

-320

-839

-695

-1,432

-653

-1,057

-2,550

4,201

-358

-432

-124

-359

-197

-2,144

-440

-1,405

92

-1,151

899

-2,748

-781

-1,512

-120

-3,091

-675

-2,195

-1,846

-2,884

909

107

51

-2,378

-1,513

-1,218

247

593

-1,293

-389

-257

-1,384

-1,226

-1,892

1,457

Effect of Exchange Rate Changes on Cash, Cash Equivalents and Restricted Cash

-65

14

-17

14

9

-34

-6

-37

-14

-3

26

14

16

-35

0

-21

35

29

-74

30

-102

-38

-93

14

-21

-19

30

-26

-30

96

150

-44

27

-11

-46

6

41

6

35

-8

-40

1

36

32

-26

Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash

3,718

1,053

-31

-326

175

-8

-116

665

57

-97

-125

849

-779

180

240

-828

1,157

-711

11

-1,052

2,191

-1,913

1,148

-2,890

1,281

-517

374

-1,648

-871

-1,103

1,712

1,585

2,099

-1,099

-558

34

1,287

350

-232

708

1,002

-700

-576

-920

3,231