United parcel service, inc. (UPS)
CashFlow / TTM
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

4,294

4,440

4,999

4,757

4,557

4,791

5,434

5,185

5,084

4,905

3,561

3,572

3,457

3,422

5,001

4,988

4,949

4,844

3,966

3,923

3,147

3,032

3,746

3,629

4,246

4,372

1,457

829

874

807

3,280

3,883

3,859

3,804

4,048

3,967

3,720

3,338

2,942

2,500

2,100

1,968

0

0

0

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

2,440

2,360

2,275

2,212

2,179

2,207

2,256

2,304

2,324

2,282

2,251

2,233

2,226

2,224

2,202

2,175

2,130

2,084

2,040

1,998

1,961

1,923

1,893

1,868

1,861

1,867

1,876

1,880

1,873

1,858

1,833

1,816

1,800

1,782

1,775

1,776

1,782

1,792

1,798

1,791

1,768

1,747

0

0

0

Pension and postretirement benefit expense

3,113

3,141

2,347

2,310

2,276

2,242

1,453

1,488

1,565

1,643

3,572

3,651

3,690

3,725

1,186

1,187

1,186

1,189

2,113

2,056

3,070

3,040

2,014

2,076

1,072

1,115

5,879

5,842

5,798

5,753

1,741

1,714

1,688

1,660

1,092

1,107

1,122

1,136

1,178

1,172

1,171

1,165

0

0

0

Pension and postretirement benefit contributions

2,370

2,362

2,370

1,202

356

186

5,346

5,356

5,349

7,794

3,955

5,109

5,114

2,668

2,380

1,219

1,225

1,229

1,242

1,242

1,249

1,258

217

213

211

212

211

581

754

917

903

590

404

1,436

3,568

3,724

3,836

3,240

1,235

1,556

1,556

924

0

0

0

Self-insurance reserves

13

-185

-140

-118

-149

-86

-110

-49

49

0

0

-13

-33

-21

30

-83

-98

-80

-72

-146

-174

-201

-175

-47

-4

34

-53

90

126

156

150

81

70

53

72

41

52

45

95

174

106

47

0

0

0

Deferred tax (benefit) expense

108

100

583

891

730

758

1,144

1,186

1,231

1,224

565

328

211

117

588

649

594

540

120

437

396

385

216

-156

-118

-246

-2,808

-2,217

-2,179

-2,083

257

-76

94

314

1,330

1,126

908

919

-14

436

574

362

0

0

0

Stock compensation expense

838

915

843

769

703

634

628

617

611

584

583

590

588

591

593

592

595

574

558

558

566

536

537

531

520

513

532

540

542

547

543

547

566

524

572

553

539

519

467

449

425

430

0

0

0

Asset impairment charges

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

181

0

0

0

Other (gains) losses

-67

-74

-96

-221

-262

-293

-301

-228

-99

-37

54

104

98

198

271

239

271

185

63

-23

-143

-218

-285

-277

-312

-35

-872

-869

-795

-1,082

-247

-269

-302

-245

-162

50

-107

13

-165

-245

51

-115

0

0

0

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

795

717

674

874

321

421

744

890

955

1,022

668

620

652

704

408

278

133

452

233

228

419

523

484

472

277

515

175

72

288

124

366

352

384

657

312

389

397

532

623

840

603

30

0

0

0

Other assets

-779

-698

-233

193

218

-754

-164

59

267

984

214

-195

-253

-5

-263

-343

-330

-414

-693

-682

-324

-112

84

267

27

13

-68

-45

-65

-10

125

48

64

-107

102

83

49

206

-56

-17

2

-136

0

0

0

Accounts payable

461

419

511

512

492

1,034

606

869

671

599

338

240

358

460

322

101

-147

-147

-69

75

63

276

247

70

141

218

-208

-104

-63

-58

37

109

54

249

136

243

136

265

274

185

55

-107

0

0

0

Accrued wages and withholdings

-269

-446

-201

258

478

505

266

204

167

200

179

151

165

91

-12

43

13

-63

202

168

-103

106

194

224

445

416

206

83

51

98

-15

136

238

339

75

-245

-137

98

22

136

99

-102

0

0

0

Other liabilities

197

182

528

205

281

170

374

237

7

-243

-637

-648

-956

-546

-711

-376

-535

-6

219

124

753

317

326

214

-50

-140

-144

-245

-32

206

294

269

381

186

25

-174

-191

-284

-70

391

147

184

0

0

0

Other liabilities

-36

-20

48

30

-7

-16

-57

-94

-70

-48

-7

65

53

25

25

-1

39

53

6

19

-3

-34

68

34

97

140

118

162

114

119

159

149

128

97

31

11

-5

2

-23

-19

-46

-86

0

0

0

Net cash from operating activities

8,912

8,639

8,982

9,718

10,921

12,711

6,483

6,058

5,307

1,479

5,528

4,401

4,042

6,473

6,378

7,884

7,349

7,430

7,950

8,133

6,210

5,726

6,435

5,705

7,813

7,304

7,173

6,797

6,694

7,216

6,814

7,609

8,072

7,073

5,274

4,137

3,567

3,835

4,975

5,142

4,638

5,285

0

0

0

Cash Flows From Investing Activities:
Capital expenditures

5,799

6,380

6,129

6,295

6,260

6,283

6,009

6,067

5,826

5,227

4,836

4,011

3,476

2,965

2,568

2,384

2,441

2,379

2,532

2,473

2,371

2,328

1,904

1,888

1,934

2,065

2,155

2,194

2,178

2,153

2,051

2,003

2,031

2,005

1,935

1,676

1,508

1,389

1,428

1,595

1,503

1,602

0

0

0

Proceeds from disposals of property, plant and equipment

62

65

53

8

21

37

51

45

33

24

30

91

96

88

88

29

27

26

39

51

51

53

42

90

96

104

124

87

88

95

59

37

35

27

39

286

295

304

314

83

74

60

0

0

0

Purchases of marketable securities

393

561

826

910

1,044

973

799

994

1,298

1,630

2,028

2,764

3,723

4,813

5,591

5,993

7,105

7,415

7,048

6,265

4,847

3,525

3,024

3,146

3,034

2,948

2,576

2,032

1,698

2,357

3,329

4,537

5,021

4,903

4,569

3,772

3,222

2,490

2,136

1,847

1,696

2,251

0

0

0

Sales and maturities of marketable securities

614

883

1,091

913

989

886

1,020

1,332

1,680

1,990

3,268

4,495

5,306

5,724

5,605

5,888

6,419

6,388

6,071

5,092

3,958

3,106

3,320

3,094

2,947

2,957

1,577

1,098

1,624

2,985

4,034

4,886

4,811

4,490

4,159

3,830

3,327

2,520

2,104

1,708

1,811

2,240

0

0

0

Net change in finance receivables

-6

-13

-19

-16

-14

-4

1

-17

-16

-5

-4

-6

-18

-9

-20

-5

6

-5

-10

-18

-28

-44

-34

-33

-36

-39

-73

-78

-87

-101

-112

-145

-182

-184

0

0

0

-

-

-

-

-261

0

0

0

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

5

6

6

1

3

2

75

79

109

134

605

601

566

547

-18

1,817

1,900

1,904

1,991

156

76

88

24

44

44

22

20

0

0

100

173

173

173

73

0

0

0

-

-

-

-

-

-

-

-

Other investing activities

64

75

60

88

17

-1

42

20

3

-1

-16

10

20

59

-51

55

54

30

170

42

56

63

234

202

273

179

-86

-82

-248

-94

-20

130

317

257

194

-11

-225

-230

-162

-67

-20

-53

0

0

0

Net cash used in investing activities

-5,579

-6,061

-5,858

-6,357

-6,300

-6,330

-5,855

-5,766

-5,507

-4,971

-4,151

-2,794

-2,365

-2,563

-2,377

-4,327

-5,060

-5,309

-5,621

-3,775

-3,313

-2,801

-1,790

-2,063

-2,206

-2,114

-2,891

-2,881

-1,829

-1,335

-1,328

-1,775

-2,514

-2,537

-2,277

-1,115

-686

-654

-862

-1,441

-1,102

-1,248

0

0

0

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

1,436

310

-960

-56

-1,319

63

27

628

-647

-250

247

883

1,233

-88

-1,706

-1,571

307

2,529

2,480

1,223

280

0

-587

51

-289

0

-422

-832

587

0

782

522

-595

-183

455

-135

188

-481

-403

-41

-676

-1,738

0

0

0

Proceeds from long-term borrowings

7,317

5,205

4,952

3,342

3,184

1,202

7,740

8,714

11,103

12,016

7,237

6,852

5,198

5,927

5,874

5,101

4,018

3,783

2,166

2,333

3,091

1,525

1,286

764

-1

100

104

1,841

1,842

1,745

1,743

114

271

279

2,359

2,310

2,155

2,195

133

80

196

3,160

0

0

0

Repayments of long-term borrowings

3,344

3,096

3,176

2,861

1,670

2,887

3,611

4,733

5,092

3,939

3,932

3,891

4,085

3,805

3,348

2,370

2,262

2,724

2,372

2,162

2,371

1,694

1,035

1,034

132

1,875

1,869

1,869

1,767

16

19

20

78

191

293

428

375

468

546

803

1,804

1,944

0

0

0

Purchases of common stock

978

1,004

992

993

996

1,011

1,237

1,436

1,636

1,813

2,017

2,247

2,476

2,678

2,681

2,683

2,666

2,702

2,661

2,664

2,701

2,695

3,034

3,350

3,483

3,838

3,085

2,603

2,099

1,621

1,894

2,498

2,707

2,665

2,391

1,426

1,044

817

765

757

723

561

0

0

0

Issuances of common stock

241

218

225

244

210

240

246

240

250

247

226

230

236

245

251

256

260

249

265

265

270

274

326

347

386

491

416

400

351

301

323

321

317

290

287

275

277

218

196

187

163

149

0

0

0

Dividends

3,235

3,194

3,148

3,103

3,056

3,011

2,946

2,889

2,830

2,771

2,741

2,705

2,672

2,643

2,613

2,582

2,555

2,525

2,485

2,444

2,406

2,366

2,338

2,312

2,284

2,260

2,232

2,202

2,168

2,130

2,097

2,058

2,028

1,997

1,955

1,914

1,865

1,818

1,801

1,786

1,769

1,751

0

0

0

Other financing activities

-302

-166

-187

-192

-190

-288

-278

-288

-287

-203

-293

-234

-258

-98

37

-48

-6

-175

-301

-332

-305

-205

-122

136

-278

-425

-512

-751

-460

-96

-149

-114

-238

-395

-353

-353

-178

-175

-137

-136

-146

-360

0

0

0

Net cash from (used in) financing activities

1,135

-1,727

-3,286

-3,619

-3,837

-5,692

-59

236

861

3,287

-1,273

-1,112

-2,824

-3,140

-4,186

-3,897

-2,904

-1,565

-2,908

-3,781

-4,142

-5,161

-5,504

-5,398

-6,081

-7,807

-7,600

-6,016

-3,714

-1,817

-1,311

-3,733

-5,058

-4,862

-1,891

-1,671

-842

-1,346

-3,323

-3,256

-4,759

-3,045

0

0

0

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

-54

20

-28

-17

-68

-91

-60

-28

23

53

21

-5

-40

-21

43

-31

20

-117

-184

-203

-219

-138

-119

4

-36

-45

70

190

172

229

122

-74

-24

-10

7

88

74

-7

-12

-11

29

43

0

0

0

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

4,414

871

-190

-275

716

598

509

500

684

-152

125

490

-1,187

749

-142

-371

-595

439

-763

374

-1,464

-2,374

-978

-1,752

-510

-2,662

-3,248

-1,910

1,323

4,293

4,297

2,027

476

-336

1,113

1,439

2,113

1,828

778

434

-1,194

1,035

0

0

0