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REVENUE RECOGNITION (Tables)

6 Months Ended

Jun. 30, 2023

Revenue from Contract with Customer [Abstract]

Disaggregation of Revenue

Disaggregation of Revenue

			Three Months Ended  June 30,												Six Months Ended  June 30,
			2023						2022						2023						2022
Revenue:
Next Day Air			$	2,407					$	2,656					$	4,868					$	5,250
Deferred			1,169						1,392						2,363						2,812
Ground			10,820						11,411						22,152						22,521
U.S. Domestic Package			14,396						15,459						29,383						30,583
Domestic			763						829						1,557						1,680
Export			3,468						3,976						7,020						7,754
Cargo & Other			184						268						381						515
International Package			4,415						5,073						8,958						9,949
Forwarding			1,376						2,389						2,890						4,978
Logistics			1,431						1,290						2,841						2,541
Other			437						555						908						1,093
Supply Chain Solutions			3,244						4,234						6,639						8,612
Consolidated revenue			$	22,055					$	24,766					$	44,980					$	49,144

Schedule of Contract Assets and Liabilities

Contract assets and liabilities as of June 30, 2023 and December 31, 2022 were as follows (in millions):

						Balance Sheet Location						June 30, 2023						December 31, 2022
Contract Assets:
Revenue related to in-transit packages						Other current assets						$	252					$	308
Contract Liabilities:
Short-term advance payments from customers						Other current liabilities						$	12					$	11
Long-term advance payments from customers						Other non-current liabilities						$	25					$	26

X

- Definition

Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 10
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479806/606-10-50-10

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X

- Definition

Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 5
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479806/606-10-50-5

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- References

No definition available.

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