Quarterly report [Sections 13 or 15(d)]

REVENUE RECOGNITION (Tables)

v3.25.2
REVENUE RECOGNITION (Tables)
6 Months Ended
Jun. 30, 2025
Revenue from Contract with Customer [Abstract]  
Disaggregation of Revenue
Disaggregation of Revenue
Three Months Ended
 June 30,
Six Months Ended
 June 30,
2025 2024 2025 2024
Revenue:
Next Day Air $ 2,293  $ 2,309  $ 4,654  $ 4,625 
Deferred 1,024  1,107  2,073  2,263 
Ground 10,484  10,703  21,193  21,465 
Cargo and Other 282  82  623  114 
     U.S. Domestic Package 14,083  14,201  28,543  28,467 
Domestic 830  770  1,601  1,528 
Export 3,484  3,437  6,928  6,787 
Cargo and Other
171  163  329  311 
    International Package 4,485  4,370  8,858  8,626 
Forwarding 732  1,315  1,458  2,595 
Logistics 1,476  1,546  3,048  3,088 
Other 445  386  860  748 
    Supply Chain Solutions 2,653  3,247  5,366  6,431 
Consolidated revenue $ 21,221  $ 21,818  $ 42,767  $ 43,524 
Schedule of Contract Assets and Liabilities
Contract assets and liabilities as of June 30, 2025 and December 31, 2024 were as follows (in millions):
Balance Sheet Location
June 30, 2025
December 31, 2024
Contract Assets:
Revenue related to in-transit packages Other current assets $ 272  $ 307 
Contract Liabilities:
Short-term advance payments from customers Other current liabilities $ 15  $ 13 
Long-term advance payments from customers Other non-current liabilities $ 55  $ 27