Quarterly report [Sections 13 or 15(d)]

SEGMENT INFORMATION (Tables)

v3.26.1
SEGMENT INFORMATION (Tables)
 6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Results of Operations
Segment results of operations for the three and six months ended June 30, 2026 and 2025 were as follows (in millions):
Three Months Ended
 June 30,		 Six Months Ended
 June 30,
2026 2025 2026 2025
U.S. Domestic Package:
Revenue $ 14,930  $ 14,083  $ 29,055  $ 28,543 
Less:
Compensation 4,794  4,903  9,568  10,001 
Benefits 5,153  4,180  9,254  8,349 
Other segment items(1)
4,967  4,084  9,702  8,298 
U.S. Domestic Package Operating profit/(loss) $ 16  $ 916  $ 531  $ 1,895 
International Package:
Revenue $ 5,044  $ 4,485  $ 9,584  $ 8,858 
Less:
Compensation and benefits 1,041  995  2,077  1,952 
Purchased transportation 1,090  944  2,039  1,849 
Other segment items(1)
2,290  1,874  4,298  3,744 
International Package Operating profit/(loss) $ 623  $ 672  $ 1,170  $ 1,313 
Reconciliation of revenue:
Total U.S. Domestic Package and International Package Revenue $ 19,974  $ 18,568  $ 38,639  $ 37,401 
Other revenues(2)
2,860  2,653  5,397  5,366 
Total Consolidated Revenue $ 22,834  $ 21,221  $ 44,036  $ 42,767 
Reconciliation of segment operating profit to income before income taxes:
Total U.S. Domestic Package and International Package Operating profit/(loss) $ 639  $ 1,588  $ 1,701  $ 3,208 
Other profit/(loss)(2)
291  234  496  280 
Other pension income (expense) 66  38  133  75 
Investment income and other
 37  40  93  82 
Interest expense (272) (238) (538) (460)
Total Consolidated Income Before Income Taxes $ 761  $ 1,662  $ 1,885  $ 3,185 
(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 the three and six months ended June 30, 2026 and 2025 are included within the other segment items captions in the table above. These totals are presented after applying activity-based costing methods to allocate expenses between segments as noted above.
Three Months Ended
 June 30,		 Six Months Ended
 June 30,
2026 2025 2026 2025
Depreciation and amortization
U.S. Domestic Package $ 680  $ 636  $ 1,363  $ 1,259 
International Package 191  209  385  411 
Other depreciation and amortization(1)
109  91  217  178 
Consolidated Depreciation and Amortization $ 980  $ 936  $ 1,965  $ 1,848 
(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 June 30, 2026 and December 31, 2025 consisted of the following (in millions):
2026 2025
Segment Assets
U.S. Domestic Package $ 38,082  $ 38,359 
International Package 18,360  18,214 
Other assets(1)
12,483  12,693 
Unallocated assets(2)
2,342  3,824 
Consolidated Assets $ 71,267  $ 73,090 
(1)    Assets from segments below the quantitative thresholds are attributable to operating segments which provide supply chain solutions.
(2)    Unallocated assets consist primarily of cash held by our centralized investment entity.