# United Parcel Service, Inc. (UPS) FY2024 Annual Balance Sheet

- Company: United Parcel Service, Inc. (UPS)
- Period: As of 2024-12-31
- Filing: FY2024 10-K, filed 2025-02-18, accession number 0001090727-25-000019
- Page: https://plicit.ai/financials/ups/fy2024-annual-balance-sheet
- Chart image: https://plicit.ai/charts/ups-fy2024-annual-balance-sheet-sankey.png

## Chart details

Balance sheet as of 2024-12-31. The chart shows assets, liabilities and equity at that date.

- **Assets**: 70,070,000,000 US dollars
- **Current assets**: 19,310,000,000 US dollars
- **Non-current assets**: 50,760,000,000 US dollars
- **Liabilities (calculated)**: 53,327,000,000 US dollars
- **Current liabilities**: 16,441,000,000 US dollars
- **Non-current liabilities**: 36,886,000,000 US dollars
- **Equity**: 16,743,000,000 US dollars
- **Noncontrolling interest**: 25,000,000 US dollars. Included in consolidated equity; this amount is not added again.
- **Accounts receivable**: 11,007,000,000 US dollars. Part of Accounts receivable, net, drawn as one net amount.
- **Less: Allowance for credit losses**: negative 136,000,000 US dollars. Part of Accounts receivable, net, drawn as one net amount.
- **Accounts receivable, net**: 10,871,000,000 US dollars
- **Cash and cash equivalents**: 6,112,000,000 US dollars
- **Other current assets**: 2,121,000,000 US dollars
- **Marketable securities**: 206,000,000 US dollars
- **Property, Plant and Equipment, Net**: 37,179,000,000 US dollars
- **Goodwill**: 4,300,000,000 US dollars
- **Operating Lease Right-Of-Use Assets**: 4,149,000,000 US dollars
- **Intangible Assets, Net**: 3,064,000,000 US dollars
- **Other Non-Current Assets**: 1,956,000,000 US dollars
- **Deferred Income Tax Assets**: 112,000,000 US dollars
- **Accounts payable**: 6,302,000,000 US dollars
- **Accrued wages and withholdings**: 3,655,000,000 US dollars
- **Current maturities of long-term debt, commercial paper and finance leases**: 1,838,000,000 US dollars
- **Other current liabilities**: 1,437,000,000 US dollars
- **Accrued group welfare and retirement plan contributions**: 1,390,000,000 US dollars
- **Self-insurance reserves**: 1,086,000,000 US dollars
- **Current maturities of operating leases**: 733,000,000 US dollars
- **Long-Term Debt and Finance Leases**: 19,446,000,000 US dollars
- **Pension and Postretirement Benefit Obligations**: 6,859,000,000 US dollars
- **Non-Current Operating Leases**: 3,635,000,000 US dollars
- **Deferred Income Tax Liabilities**: 3,595,000,000 US dollars
- **Other Non-Current Liabilities**: 3,351,000,000 US dollars
- **Retained earnings**: 20,882,000,000 US dollars
- **Additional paid-in capital**: 136,000,000 US dollars
- **Common stock - Common Class B**: 7,000,000 US dollars
- **Deferred compensation obligations**: 7,000,000 US dollars
- **Common stock - Common Class A**: 2,000,000 US dollars
- **Noncontrolling Interests**: 25,000,000 US dollars
- **Accumulated other comprehensive loss**: negative 4,309,000,000 US dollars
- **Less: Treasury stock (0.1 and 0.2 in 2024 and 2023, respectively)**: negative 7,000,000 US dollars
- **Gross equity (calculated)**: 21,059,000,000 US dollars. Net equity plus the magnitudes of its negative contributions equals gross positive equity. The negative contributions enter this reconciliation as add-backs; their filed signs stay negative.

### Chart connections

- Assets equal liabilities plus consolidated equity. Consolidated equity includes noncontrolling interests when reported.
- Treasury shares and other negative equity contributions reduce equity.
