XML 53 R33.htm IDEA: XBRL DOCUMENT
v3.22.4

BUSINESS ACQUISITIONS (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2022 | Dec. 31, 2021
Business Combinations [Abstract] |  |
Schedule of Fair Value of Assets and Liabilities Acquired | The following table summarizes the estimated fair values of the assets acquired and liabilities assumed as of the acquisition date (in millions):
| 2022
Cash and cash equivalents | $ | 29 |
Accounts receivable | 90 |
Other current assets | 17 |
Property, Plant, and Equipment | 58 |
Operating Lease Right-Of-Use Assets | 111 |
Goodwill | 596 |
Intangible Assets(1) | 385 |
Accounts Payable and other current liabilities | (159) |
Non-Current Operating Leases | (85) |
Long-Term Debt and Finance Leases | (190) |
Deferred Income Tax Liabilities | (68) |
Total purchase price | $ | 784 |
(1) Includes acquisitions of development areas for The UPS Store | The following table summarizes the estimated fair values of the assets acquired and liabilities assumed as of the acquisition date (in millions). Subsequent measurement period adjustments during 2022 were not material.
| 2021
Cash and cash equivalents | $ | 12 |
Accounts receivable | 15 |
Goodwill | 375 |
Intangible assets | 231 |
Deferred tax liability | (47) |
Total purchase price | $ | 586 |

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

X
- Definition Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=128092470&loc=d3e4845-128472 + Details
Name: | us-gaap_ScheduleOfRecognizedIdentifiedAssetsAcquiredAndLiabilitiesAssumedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration