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

Quarterly report pursuant to Section 13 or 15(d)

Cover
- Cover
Financial Statements
Notes to Financial Statements
Accounting Policies
- BASIS OF PRESENTATION AND ACCOUNTING POLICIES (Policies)
Notes Tables
Notes Details

LEASES - Maturity Schedule After Adoption (Details)

v3.24.2.u1

LEASES - Maturity Schedule After Adoption (Details) - USD ($) $ in Millions	Jun. 30, 2024	Dec. 31, 2023
Finance Leases
2024	$ 64
2025	105
2026	79
2027	49
2028	42
Thereafter	173
Total lease payments	512
Less: Imputed interest	(75)
Total lease obligations	437	$ 472
Less: Current obligations	(106)	(104)
Long-term lease obligations	331	368
Operating Leases
2024	396
2025	828
2026	721
2027	619
2028	468
Thereafter	2,067
Total lease payments	5,099
Less: Imputed interest	(855)
Total lease obligations	4,244	4,465
Less: Current obligations	(683)	(709)
Long-term lease obligations	$ 3,561	$ 3,756

- Definition

Finance Lease, Liability, To Be Paid, After Year Four

+ References

No definition available.

+ Details

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- Definition

Lessee, Operating Lease, Liability, To Be Paid, After Year Four

+ References

No definition available.

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- References

No definition available.

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- Definition

Present value of lessee's discounted obligation for lease payments from finance lease.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 842
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478964/842-20-50-6

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 842
-SubTopic 20
-Name Accounting Standards Codification
-Section 45
-Paragraph 1
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479041/842-20-45-1

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- Definition

Present value of lessee's discounted obligation for lease payments from finance lease, classified as current.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 842
-SubTopic 20
-Name Accounting Standards Codification
-Section 45
-Paragraph 1
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479041/842-20-45-1

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- Definition

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+ References

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- Definition

Amount of lessee's undiscounted obligation for lease payments for finance lease.

+ References

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- Definition

Amount of lessee's undiscounted obligation for lease payment for finance lease to be paid in next fiscal year following current fiscal year. Excludes interim and annual periods when interim periods are reported from current statement of financial position date (rolling approach).

+ References

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- Definition

Amount of lessee's undiscounted obligation for lease payment for finance lease to be paid in fourth fiscal year following current fiscal year. Excludes interim and annual periods when interim periods are reported from current statement of financial position date (rolling approach).

+ References

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- Definition

Amount of lessee's undiscounted obligation for lease payment for finance lease to be paid in third fiscal year following current fiscal year. Excludes interim and annual periods when interim periods are reported from current statement of financial position date (rolling approach).

+ References

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- Definition

Amount of lessee's undiscounted obligation for lease payment for finance lease to be paid in second fiscal year following current fiscal year. Excludes interim and annual periods when interim periods are reported from current statement of financial position date (rolling approach).

+ References

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- Definition

Amount of lessee's undiscounted obligation for lease payment for finance lease to be paid in remainder of current fiscal year.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 842
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478964/842-20-50-6

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- Definition

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- Definition

Amount of lessee's undiscounted obligation for lease payment for operating lease.

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