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REVENUE RECOGNITION (Tables)

9 Months Ended

Sep. 30, 2024

Revenue from Contract with Customer [Abstract]

Disaggregation of Revenue

Disaggregation of Revenue

			Three Months Ended  September 30,												Nine Months Ended  September 30,
			2024						2023						2024						2023
Revenue:
Next Day Air			$	2,396					$	2,372					$	7,021					$	7,240
Deferred			1,109						1,128						3,372						3,491
Ground			10,945						10,160						32,410						32,312
U.S. Domestic Package			14,450						13,660						42,803						43,043
Domestic			771						742						2,299						2,299
Export			3,482						3,367						10,269						10,387
Cargo & Other			158						158						469						539
International Package			4,411						4,267						13,037						13,225
Forwarding			1,307						1,327						3,902						4,217
Logistics			1,550						1,430						4,638						4,271
Other			527						377						1,389						1,285
Supply Chain Solutions			3,384						3,134						9,929						9,773
Consolidated revenue			$	22,245					$	21,061					$	65,769					$	66,041

Schedule of Contract Assets and Liabilities

Contract assets and liabilities as of September 30, 2024 and December 31, 2023 were as follows (in millions):

						Balance Sheet Location						September 30, 2024						December 31, 2023
Contract Assets:
Revenue related to in-transit packages						Other current assets						$	235					$	237
Contract Liabilities:
Short-term advance payments from customers						Other current liabilities						$	13					$	20
Long-term advance payments from customers						Other non-current liabilities						$	26					$	25

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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