United Parcel Service, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

DEBT AND FINANCING ARRANGEMENTS (Tables)

DEBT AND FINANCING ARRANGEMENTS (Tables)

3 Months Ended

Mar. 31, 2023

The carrying value of our outstanding debt obligations as of March 31, 2023 and December 31, 2022 consists of the following (in millions):


	Principal Amount			Carrying Value
			Maturity	2023		2022


Fixed-rate senior notes:
2.500% senior notes	$	1,000	2023	$	1,000	$	999
2.800% senior notes	500		2024	499		499
2.200% senior notes	400		2024	399		399
3.900% senior notes	1,000		2025	998		997
2.400% senior notes	500		2026	499		499
3.050% senior notes	1,000		2027	995		995
3.400% senior notes	750		2029	747		747
2.500% senior notes	400		2029	398		397
4.450% senior notes	750		2030	745		744
4.875% senior notes	900		2033	894		—
6.200% senior notes	1,500		2038	1,485		1,485
5.200% senior notes	500		2040	494		494
4.875% senior notes	500		2040	491		491
3.625% senior notes	375		2042	369		369
3.400% senior notes	500		2046	492		492
3.750% senior notes	1,150		2047	1,137		1,137
4.250% senior notes	750		2049	743		743
3.400% senior notes	700		2049	688		688
5.300% senior notes	1,250		2050	1,231		1,231
5.050% senior notes	1,100		2053	1,083		—
Floating-rate senior notes:
Floating-rate senior notes	500		2023	500		500
Floating-rate senior notes	1,566		2049-2073	1,548		1,027
Debentures:

7.620% debentures	276		2030	280		280
Pound Sterling notes:
5.500% notes	82		2031	82		79
5.125% notes	563		2050	535		521
Euro senior notes:
0.375% senior notes	762		2023	761		745
1.625% senior notes	762		2025	760		744
1.000% senior notes	544		2028	542		531
1.500% senior notes	544		2032	542		530

Canadian senior notes:
2.125% senior notes	555		2024	553		553
Finance lease obligations	365		2023-2046	365		390
Facility notes and bonds	320		2029-2045	320		320
Other debt	13		2023-2026	13		36
Total debt	$	22,377		22,188		19,662
Less: current maturities				(2,332)		(2,341)
Long-term debt				$	19,856	$	17,321

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

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+ Details