Quarterly report [Sections 13 or 15(d)]

SEGMENT INFORMATION (Tables)

v3.26.3
SEGMENT INFORMATION (Tables)
 9 Months Ended
Sep. 30, 2026
Segment Reporting [Abstract]  
Results of Operations
Segment results of operations for the three and nine months ended September 30, 2026 and 2025 were as follows (in millions):
Three Months Ended
 September 30,		 Nine Months Ended
 September 30,
2026 2025 2026 2025
U.S. Domestic Package:
Revenue $ 14,865  $ 14,220  $ 43,920  $ 42,763 
Less:
Compensation 4,890  5,000  14,458  15,001 
Benefits 4,236  4,462  13,490  12,811 
Other segment items(1)
4,833  4,155  14,535  12,453 
U.S. Domestic Package Operating profit/(loss) $ 906  $ 603  $ 1,437  $ 2,498 
International Package:
Revenue $ 5,007  $ 4,673  $ 14,591  $ 13,531 
Less:
Compensation and benefits 1,017  1,017  3,094  2,969 
Purchased transportation 1,074  1,018  3,113  2,867 
Other segment items(1)
2,170  1,962  6,468  5,706 
International Package Operating profit/(loss) $ 746  $ 676  $ 1,916  $ 1,989 
Reconciliation of revenue:
Total U.S. Domestic Package and International Package Revenue $ 19,872  $ 18,893  $ 58,511  $ 56,294 
Other revenues(2)
2,981  2,522  8,378  7,888 
Total Consolidated Revenue $ 22,853  $ 21,415  $ 66,889  $ 64,182 
Reconciliation of segment operating profit to income before income taxes:
Total U.S. Domestic Package and International Package Operating profit/(loss) $ 1,652  $ 1,279  $ 3,353  $ 4,487 
Other profit/(loss)(2)
92  525  588  805 
Other pension income (expense) 67  47  200  122 
Investment income and other
 49  47  142  129 
Interest expense (289) (291) (827) (751)
Total Consolidated Income Before Income Taxes $ 1,571  $ 1,607  $ 3,456  $ 4,792 
(1)    Includes 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.
Depreciation and amortization by reportable segment for the three and nine months ended September 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
 September 30,		 Nine Months Ended
 September 30,
2026 2025 2026 2025
Depreciation and amortization
U.S. Domestic Package $ 662  $ 619  $ 2,025  $ 1,878 
International Package 192  215  577  626 
Other depreciation and amortization(1)
111  92  328  270 
Consolidated Depreciation and Amortization $ 965  $ 926  $ 2,930  $ 2,774 
(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 September 30, 2026 and December 31, 2025 consisted of the following (in millions):
2026 2025
Segment Assets
U.S. Domestic Package $ 37,637  $ 38,359 
International Package 18,262  18,214 
Other assets(1)
12,341  12,693 
Unallocated assets(2)
4,479  3,824 
Consolidated Assets $ 72,719  $ 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.