XML 42 R29.htm IDEA: XBRL DOCUMENT
v3.4.0.3

SHAREOWNERS' EQUITY (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2016
Stockholders' Equity Note [Abstract] |
Schedule of Stockholders Equity | The following is a rollforward of our common stock, additional paid-in capital and retained earnings accounts for the three months ended March 31, 2016 and 2015 (in millions, except per share amounts):
| 2016 |  | 2015
| Shares |  | Dollars |  | Shares |  | Dollars
Class A Common Stock |  |  |  |  |  |  |
Balance at beginning of period | 194 |  |  | $ | 2 |  |  | 201 |  |  | $ | 2 |
Common stock purchases | (2 | ) |  | — |  |  | (1 | ) |  | — |
Stock award plans | 4 |  |  | — |  |  | 2 |  |  | — |
Common stock issuances | 1 |  |  | — |  |  | 1 |  |  | — |
Conversions of class A to class B common stock | (3 | ) |  | — |  |  | (2 | ) |  | — |
Class A shares issued at end of period | 194 |  |  | $ | 2 |  |  | 201 |  |  | $ | 2 |
Class B Common Stock |  |  |  |  |  |  |
Balance at beginning of period | 693 |  |  | $ | 7 |  |  | 705 |  |  | $ | 7 |
Common stock purchases | (5 | ) |  | — |  |  | (6 | ) |  | — |
Conversions of class A to class B common stock | 3 |  |  | — |  |  | 2 |  |  | — |
Class B shares issued at end of period | 691 |  |  | $ | 7 |  |  | 701 |  |  | $ | 7 |
Additional Paid-In Capital |  |  |  |  |  |  |
Balance at beginning of period |  |  | $ | — |  |  |  |  | $ | — |
Stock award plans |  |  | 137 |  |  |  |  | 124 |
Common stock purchases |  |  | (336 | ) |  |  |  | (126 | )
Common stock issuances |  |  | 96 |  |  |  |  | 101 |
Option premiums received (paid) |  |  | 103 |  |  |  |  | (99 | )
Balance at end of period |  |  | $ | — |  |  |  |  | $ | — |
Retained Earnings |  |  |  |  |  |  |
Balance at beginning of period |  |  | $ | 6,001 |  |  |  |  | $ | 5,726 |
Net income attributable to common shareowners |  |  | 1,131 |  |  |  |  | 1,026 |
Dividends ($0.78 and $0.73 per share) |  |  | (718 | ) |  |  |  | (683 | )
Common stock purchases |  |  | (319 | ) |  |  |  | (561 | )
Balance at end of period |  |  | $ | 6,095 |  |  |  |  | $ | 5,508 |
Schedule of Accumulated Other Comprehensive Income (Loss) | The activity in AOCI for the three months ended March 31, 2016 and 2015 is as follows (in millions):
| 2016 |  | 2015
Foreign currency translation gain (loss): |  |  |
Balance at beginning of period | $ | (897 | ) |  | $ | (457 | )
Translation adjustment (no tax impact in either period) | 26 |  |  | (304 | )
Balance at end of period | (871 | ) |  | (761 | )
Unrealized gain (loss) on marketable securities, net of tax: |  |  |
Balance at beginning of period | (1 | ) |  | — |
Current period changes in fair value (net of tax effect of $2 and $1) | 3 |  |  | 2 |
Reclassification to earnings (no tax impact in either period) | — |  |  | — |
Balance at end of period | 2 |  |  | 2 |
Unrealized gain (loss) on cash flow hedges, net of tax: |  |  |
Balance at beginning of period | 67 |  |  | 61 |
Current period changes in fair value (net of tax effect of $(60) and $120) | (100 | ) |  | 199 |
Reclassification to earnings (net of tax effect of $(38) and $(14)) | (62 | ) |  | (23 | )
Balance at end of period | (95 | ) |  | 237 |
Unrecognized pension and postretirement benefit costs, net of tax: |  |  |
Balance at beginning of period | (2,709 | ) |  | (3,198 | )
Reclassification to earnings (net of tax effect of $17 and $17) | 26 |  |  | 26 |
Remeasurement of plan assets and liabilities (net of tax effect of $0 and $3) | — |  |  | 6 |
Balance at end of period | (2,683 | ) |  | (3,166 | )
Accumulated other comprehensive income (loss) at end of period | $ | (3,647 | ) |  | $ | (3,688 | )
Schedule of Reclassifications from Accumulated Other Comprehensive Income (Loss) to Earnings | Detail of the gains (losses) reclassified from AOCI to the statements of consolidated income for the three months ended March 31, 2016 and 2015 is as follows (in millions):
| Amount Reclassified from AOCI |  | Affected Line Item in the Income Statement
| 2016 |  | 2015 |
Unrealized gain (loss) on cash flow hedges: |  |  |  |  |
Interest rate contracts | $ | (6 | ) |  | $ | (6 | ) |  | Interest expense
Foreign exchange contracts | — |  |  | (36 | ) |  | Interest expense
Foreign exchange contracts | 106 |  |  | 79 |  |  | Revenue
Income tax (expense) benefit | (38 | ) |  | (14 | ) |  | Income tax expense
Impact on net income | 62 |  |  | 23 |  |  | Net income
Unrecognized pension and postretirement benefit costs: |  |  |  |  |
Prior service costs | (43 | ) |  | (43 | ) |  | Compensation and benefits
Income tax (expense) benefit | 17 |  |  | 17 |  |  | Income tax expense
Impact on net income | (26 | ) |  | (26 | ) |  | Net income
Total amount reclassified for the period | $ | 36 |  |  | $ | (3 | ) |  | Net income
Schedule of Deferred Compensation and Treasury Stock Activity | Activity in the deferred compensation program for the three months ended March 31, 2016 and 2015 is as follows (in millions):
| 2016 |  | 2015
Shares |  | Dollars |  | Shares |  | Dollars
Deferred Compensation Obligations: |  |  |  |  |  |  |
Balance at beginning of period |  |  | $ | 51 |  |  |  |  | $ | 59 |
Reinvested dividends |  |  | 1 |  |  |  |  | 1 |
Benefit payments |  |  | (9 | ) |  |  |  | (11 | )
Balance at end of period |  |  | $ | 43 |  |  |  |  | $ | 49 |
Treasury Stock: |  |  |  |  |  |  |
Balance at beginning of period | (1 | ) |  | $ | (51 | ) |  | (1 | ) |  | $ | (59 | )
Reinvested dividends | — |  |  | (1 | ) |  | — |  |  | (1 | )
Benefit payments | — |  |  | 9 |  |  | — |  |  | 11 |
Balance at end of period | (1 | ) |  | $ | (43 | ) |  | (1 | ) |  | $ | (49 | )

X
- Definition Schedule of Deferred Compensation and Treasury Stock Activity [Table Text Block] + References No definition available. + Details
Name: | ups_ScheduleOfDeferredCompensationAndTreasuryStockActivityTableTextBlock
Namespace Prefix: | ups_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Schedule of Reclassifications from Accumulated Other Comprehensive Income (Loss) to Earnings [Table] + References No definition available. + Details
Name: | ups_ScheduleOfReclassificationsFromAccumulatedOtherComprehensiveIncomeLossToEarningsTableTextBlock
Namespace Prefix: | ups_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of accumulated other comprehensive income (loss). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 14A -URI http://asc.fasb.org/extlink&oid=36458714&loc=SL7669686-108580 + Details
Name: | us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of changes in the separate accounts comprising stockholders' equity (in addition to retained earnings) and of the changes in the number of shares of equity securities during at least the most recent annual fiscal period and any subsequent interim period presented is required to make the financial statements sufficiently informative if both financial position and results of operations are presented. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21463-112644 + Details
Name: | us-gaap_ScheduleOfStockholdersEquityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_StockholdersEquityNoteAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration