Stock Analysis on Net

United Parcel Service Inc. (NYSE:UPS)

Balance Sheet: Assets 
Quarterly Data

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Assets are resources controlled by the company as a result of past events and from which future economic benefits are expected to flow to the entity.

United Parcel Service Inc., consolidated balance sheet: assets (quarterly data)

US$ in millions

Microsoft Excel
Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019
Cash and cash equivalents 5,855 6,319 4,281 3,206 4,311 4,812 6,190 5,602 11,045 11,735 12,208 10,255 10,212 9,608 7,731 5,910 8,839 8,813 8,955 5,238 4,040 4,072 4,399
Marketable securities 205 213 232 2,866 2,967 3,071 3,208 1,993 331 336 337 338 348 346 351 406 402 403 505 503 498 725 712
Accounts receivable, net 9,195 9,048 9,554 11,216 9,461 9,587 10,299 12,583 10,975 11,396 11,199 12,541 10,474 10,137 10,127 10,750 8,993 9,230 8,126 9,552 7,951 8,071 7,613
Assets held for sale 1,183 1,135 1,197
Other current assets 2,009 2,060 2,110 2,125 2,512 1,969 2,028 2,039 2,247 2,104 1,857 1,800 1,809 1,897 1,641 1,953 1,696 1,780 1,803 1,810 1,695 1,975 2,180
Current assets 17,264 18,823 16,177 19,413 19,251 19,439 21,725 22,217 24,598 25,571 25,601 24,934 22,843 21,988 20,985 20,216 19,930 20,226 19,389 17,103 14,184 14,843 14,904
Property, plant and equipment, net 37,389 37,129 37,168 36,945 36,013 35,501 34,995 34,719 33,625 33,487 33,595 33,475 32,859 32,631 32,455 32,254 32,164 31,439 30,908 30,482 29,071 28,095 27,247
Operating lease right-of-use assets 4,129 4,088 4,223 4,308 4,162 4,219 4,089 3,755 3,417 3,436 3,481 3,562 3,460 3,568 3,044 3,073 3,022 2,998 3,041 2,856 2,504 2,477 2,543
Goodwill 4,411 4,350 4,846 4,872 4,097 4,250 4,249 4,223 3,624 3,675 3,668 3,692 3,332 3,357 3,346 3,367 3,816 3,787 3,776 3,813 3,783 3,811 3,813
Intangible assets, net 3,108 3,106 3,308 3,305 2,892 2,890 2,811 2,796 2,439 2,476 2,465 2,486 2,224 2,238 2,268 2,274 2,289 2,207 2,176 2,167 2,131 2,121 2,093
Deferred income tax assets 125 123 126 126 127 137 155 139 143 158 173 176 181 187 243 527 277 277 299 330 194 143 153
Other non-current assets 1,837 1,799 1,780 1,888 3,739 3,911 4,165 3,275 1,698 1,286 1,130 1,080 840 900 971 697 908 1,123 1,306 1,106 1,415 1,297 1,308
Non-current assets 50,999 50,595 51,451 51,444 51,030 50,908 50,464 48,907 44,946 44,518 44,512 44,471 42,896 42,881 42,327 42,192 42,476 41,831 41,506 40,754 39,098 37,944 37,157
Total assets 68,263 69,418 67,628 70,857 70,281 70,347 72,189 71,124 69,544 70,089 70,113 69,405 65,739 64,869 63,312 62,408 62,406 62,057 60,895 57,857 53,282 52,787 52,061

Based on: 10-Q (reporting date: 2024-09-30), 10-Q (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31).


Assets: Selected Items

Balance sheet item Description The company
Current assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. United Parcel Service Inc. current assets increased from Q1 2024 to Q2 2024 but then slightly decreased from Q2 2024 to Q3 2024 not reaching Q1 2024 level.
Property, plant and equipment, net Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. United Parcel Service Inc. property, plant and equipment, net decreased from Q1 2024 to Q2 2024 but then increased from Q2 2024 to Q3 2024 exceeding Q1 2024 level.
Non-current assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold or consumed after one year or beyond the normal operating cycle, if longer. United Parcel Service Inc. non-current assets decreased from Q1 2024 to Q2 2024 but then slightly increased from Q2 2024 to Q3 2024.
Total assets Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. United Parcel Service Inc. total assets increased from Q1 2024 to Q2 2024 but then slightly decreased from Q2 2024 to Q3 2024 not reaching Q1 2024 level.

Current Assets: Selected Items

Balance sheet item Description The company
Cash and cash equivalents Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. United Parcel Service Inc. cash and cash equivalents increased from Q1 2024 to Q2 2024 but then slightly decreased from Q2 2024 to Q3 2024.
Marketable securities Amount of investment in marketable security, classified as current. United Parcel Service Inc. marketable securities decreased from Q1 2024 to Q2 2024 and from Q2 2024 to Q3 2024.
Accounts receivable, net Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection. United Parcel Service Inc. accounts receivable, net decreased from Q1 2024 to Q2 2024 but then slightly increased from Q2 2024 to Q3 2024.