| Segment Information |
Segment results of operations for 2025, 2024 and 2023 were as follows (in millions):
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2025 |
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2024 |
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2023 |
| U.S. Domestic Package: |
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| Revenue |
$ |
59,519 |
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|
$ |
60,376 |
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|
$ |
60,205 |
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| Less: |
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| Compensation |
20,966 |
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|
20,839 |
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|
19,818 |
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| Benefits |
17,116 |
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|
16,862 |
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|
16,859 |
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Other segment items(1)
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17,511 |
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|
18,330 |
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|
18,372 |
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| U.S. Domestic Operating profit/(loss) |
$ |
3,926 |
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$ |
4,345 |
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$ |
5,156 |
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| International Package: |
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| Revenue |
$ |
18,576 |
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$ |
17,960 |
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$ |
17,831 |
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| Less: |
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| Compensation and benefits |
4,052 |
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|
3,783 |
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|
3,794 |
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| Purchased transportation |
3,909 |
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|
3,447 |
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|
3,391 |
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Other segment items(1)
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7,742 |
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|
7,539 |
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|
7,415 |
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| International Operating profit/(loss) |
$ |
2,873 |
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$ |
3,191 |
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$ |
3,231 |
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| Reconciliation of revenue: |
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| Total U.S. Domestic Package and International Package Revenue |
$ |
78,095 |
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$ |
78,336 |
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|
$ |
78,036 |
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Other revenues(2)
|
10,566 |
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|
12,734 |
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|
12,922 |
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| Total Consolidated Revenue |
$ |
88,661 |
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|
$ |
91,070 |
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$ |
90,958 |
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| Reconciliation of segment operating profit to income before income taxes: |
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| Total U.S. Domestic Package and International Package Operating profit/(loss) |
$ |
6,799 |
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$ |
7,536 |
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$ |
8,387 |
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Other profit/(loss)(2)
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1,068 |
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|
932 |
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|
754 |
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Other pension income (expense) |
169 |
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(396) |
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|
(95) |
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Investment income (expense) and other |
145 |
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|
236 |
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|
314 |
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| Interest expense |
(1,017) |
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|
(866) |
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|
(787) |
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| Total Consolidated Income Before Income Taxes |
$ |
7,164 |
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$ |
7,442 |
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$ |
8,573 |
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(1) Other segment items include purchased transportation (applicable only to our U.S. Domestic Package segment), repairs and maintenance, depreciation and amortization, fuel, other occupancy, and allocated costs for our air network, information services, and general and administrative service expenses.
(2) Revenue and Operating profit/(loss) from segments below the quantitative thresholds are attributable to operating segments which provide supply chain solutions.
The amounts of depreciation and amortization by reportable segment disclosed for 2025, 2024 and 2023 are included within the other segment items captions in the table below. These totals are presented after applying activity-based costing methods to allocate expenses between segments as noted above.
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2025 |
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2024 |
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2023 |
Depreciation and amortization |
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| U.S. Domestic Package |
$ |
2,538 |
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$ |
2,470 |
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$ |
2,290 |
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| International Package |
834 |
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|
777 |
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|
742 |
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Other depreciation and amortization(1)
|
374 |
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|
362 |
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|
334 |
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| Consolidated Depreciation and Amortization |
$ |
3,746 |
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$ |
3,609 |
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$ |
3,366 |
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(1) Depreciation and amortization from segments below the quantitative thresholds are attributable to operating segments which provide supply chain solutions.
Assets by reportable segment as of December 31, 2025 and 2024 consisted of the following (in millions):
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2025 |
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2024 |
Segment Assets |
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| U.S. Domestic Package |
$ |
38,359 |
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$ |
38,657 |
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| International Package |
18,214 |
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|
18,300 |
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Other assets(1)
|
12,693 |
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|
9,850 |
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Unallocated assets(2)
|
3,824 |
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|
3,263 |
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| Consolidated Assets |
$ |
73,090 |
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$ |
70,070 |
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(1) Assets from segments below the quantitative thresholds are attributable to operating segments which provide supply chain solutions.
(2) Unallocated assets are comprised primarily of cash held by our centralized investment entity.
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| Schedule of Revenue and Long-Lived Assets by Geographical Areas |
Geographic information for 2025, 2024 and 2023 is as follows (in millions):
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2025 |
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2024 |
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2023 |
| United States: |
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| Revenue |
$ |
67,432 |
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$ |
70,389 |
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|
$ |
71,749 |
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| Long-lived assets |
$ |
33,760 |
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$ |
33,173 |
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$ |
33,301 |
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| International: |
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Revenue |
$ |
21,229 |
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$ |
20,681 |
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$ |
19,209 |
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Long-lived assets |
$ |
15,861 |
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$ |
13,304 |
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$ |
13,687 |
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| Consolidated: |
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| Revenue |
$ |
88,661 |
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$ |
91,070 |
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$ |
90,958 |
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| Long-lived assets |
$ |
49,621 |
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$ |
46,477 |
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$ |
46,988 |
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