Quarterly report [Sections 13 or 15(d)]

REVENUE RECOGNITION (Tables)

v3.25.1
REVENUE RECOGNITION (Tables)
 3 Months Ended
Mar. 31, 2025
Revenue from Contract with Customer [Abstract]  
Disaggregation of Revenue
Disaggregation of Revenue
Three Months Ended
 March 31,
2025 2024
Revenue:
Next Day Air $ 2,361  $ 2,316 
Deferred 1,049  1,156 
Ground 10,709  10,762 
Cargo and Other 341  32 
     U.S. Domestic Package 14,460  14,266 
Domestic 771  758 
Export 3,444  3,350 
Cargo and Other
 158  148 
    International Package 4,373  4,256 
Forwarding 726  1,280 
Logistics 1,572  1,542 
Other 415  362 
    Supply Chain Solutions 2,713  3,184 
Consolidated revenue $ 21,546  $ 21,706 
Schedule of Contract Assets and Liabilities
Contract assets and liabilities as of March 31, 2025 and December 31, 2024 were as follows (in millions):
Balance Sheet Location
March 31, 2025
 December 31, 2024
Contract Assets:
Revenue related to in-transit packages Other current assets $ 276  $ 307 
Contract Liabilities:
Short-term advance payments from customers Other current liabilities $ 28  $ 13 
Long-term advance payments from customers Other non-current liabilities $ 46  $ 27