United Parcel Service, Inc. Annual report pursuant to Section 13 and 15(d)

SEGMENT AND GEOGRAPHIC INFORMATION (Tables)

12 Months Ended

Dec. 31, 2023

Segment information for the years ended December 31, 2023, 2022 and 2021 is as follows (in millions):


	2023		2022		2021
Revenue:
U.S. Domestic Package	$	59,958	$	64,209	$	60,317
International Package	17,831		19,698		19,541
Supply Chain Solutions	13,169		16,431		17,429
Consolidated revenue	$	90,958	$	100,338	$	97,287
Operating Profit:
U.S. Domestic Package	$	5,076	$	6,997	$	6,436
International Package	3,231		4,326		4,646
Supply Chain Solutions	834		1,771		1,728
Consolidated operating profit	$	9,141	$	13,094	$	12,810
Assets:
U.S. Domestic Package	$	38,368	$	38,303	$	35,746
International Package	17,587		17,670		17,225
Supply Chain Solutions	11,245		10,407		9,556
Unallocated	3,657		4,744		6,878
Consolidated assets	$	70,857	$	71,124	$	69,405
Depreciation and Amortization Expense:
U.S. Domestic Package	$	2,290	$	2,173	$	2,058
International Package	742		761		685
Supply Chain Solutions	334		254		210
Consolidated depreciation and amortization expense	$	3,366	$	3,188	$	2,953

Revenue by product type for the years ended December 31, 2023, 2022 and 2021 is as follows (in millions):


	2023		2022		2021
U.S. Domestic Package:
Next Day Air	$	9,894	$	10,699	$	10,009
Deferred	5,093		5,968		5,846
Ground	44,971		47,542		44,462
Total U.S. Domestic Package	59,958		64,209		60,317
International Package:
Domestic	3,144		3,346		3,690
Export	14,003		15,341		15,012
Cargo	684		1,011		839
Total International Package	17,831		19,698		19,541
Supply Chain Solutions:
Forwarding	5,534		8,943		9,872
Logistics	5,927		5,351		4,767
Freight	—		—		1,064
Other	1,708		2,137		1,726
Total Supply Chain Solutions	13,169		16,431		17,429
Consolidated revenue	$	90,958	$	100,338	$	97,287

Geographic information for the years ended December 31, 2023, 2022 and 2021 is as follows (in millions):