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REVENUE RECOGNITION (Tables)

9 Months Ended

Sep. 30, 2023

Revenue from Contract with Customer [Abstract]

Disaggregation of Revenue

Disaggregation of Revenue

			Three Months Ended  September 30,												Nine Months Ended  September 30,
			2023						2022						2023						2022
Revenue:
Next Day Air			$	2,372					$	2,673					$	7,240					$	7,923
Deferred			1,128						1,311						3,491						4,123
Ground			10,160						11,390						32,312						33,911
U.S. Domestic Package			13,660						15,374						43,043						45,957
Domestic			742						785						2,299						2,465
Export			3,367						3,747						10,387						11,501
Cargo & Other			158						267						539						782
International Package			4,267						4,799						13,225						14,748
Forwarding			1,327						2,162						4,217						7,140
Logistics			1,430						1,302						4,271						3,843
Other			377						524						1,285						1,617
Supply Chain Solutions			3,134						3,988						9,773						12,600
Consolidated revenue			$	21,061					$	24,161					$	66,041					$	73,305

Schedule of Contract Assets and Liabilities

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

						Balance Sheet Location						September 30, 2023						December 31, 2022
Contract Assets:
Revenue related to in-transit packages						Other current assets						$	233					$	308
Contract Liabilities:
Short-term advance payments from customers						Other current liabilities						$	13					$	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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