Quarterly report pursuant to Section 13 or 15(d)

ASSETS HELD FOR SALE - Carrying Value of Assets and Liabilities Held for Sale (Details)

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ASSETS HELD FOR SALE - Carrying Value of Assets and Liabilities Held for Sale (Details) - USD ($)
$ in Millions
Mar. 31, 2021
Dec. 31, 2020
Assets:    
Total assets $ 1,135 $ 1,197
Liabilities:    
Total liabilities to be disposed of 296 347
Held-for-sale | UPS Freight Business    
Assets:    
Accounts receivable, net 284 263
Other current assets 67 62
Property, plant and equipment, net 949 940
Other non-current assets 93 124
Total assets 1,393 1,389
Valuation allowance (258) (192)
Total assets held for sale 1,135 1,197
Liabilities:    
Accounts payable 47 50
Other current liabilities 118 112
Other non-current liabilities 131 185
Total liabilities to be disposed of 296 347
Net assets held for sale $ 839 $ 850