XML 69 R42.htm IDEA: XBRL DOCUMENT
v3.25.0.1

STOCK-BASED COMPENSATION (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2024
Share-Based Payment Arrangement, Noncash Expense [Abstract] |
Share-based Payment Arrangement, Restricted Stock Unit, Activity | The following table shows the change in non-vested Restricted Units under our equity compensation programs other than the LTIP (defined below) in 2024:
| Restricted Units (in thousands) |  | Weighted-Average Grant Date Fair Value |  |  |  |
Non-vested as of January 1, 2024 | 58 |  |  | $ | 176.68 |  |  |  |  |
Vested | (83) |  |  | 169.01 |  |  |  |  |
Granted | 14 |  |  | 147.22 |  |  |  |  |
Reinvested dividends | 41 |  |  | N/A |  |  |  |
Forfeited / Expired | (5) |  |  | 154.27 |  |  |  |  |
Non-vested as of December 31, 2024 | 25 |  |  | $ | 177.76 |  |  |  |  |
Schedule of Share-based Payment Award, Performance Units, Valuation Assumptions | The weighted-average assumptions used in our Monte Carlo models for each award year were as follows:
| 2024 |  | 2023 |  | 2022
Risk-free interest rate | 4.43 | % |  | 3.89 | % |  | 2.35 | %
Expected volatility | 27.02 | % |  | 30.23 | % |  | 31.92 | %
Weighted-average fair value of units granted | $ | 156.73 |  |  | $ | 198.78 |  |  | $ | 227.00 |
Share payout | 101.92 | % |  | 107.72 | % |  | 107.37 | %
Share-Based Payment Arrangement, Performance Shares, Activity | The following table shows LTIP RPU activity during the year ended December 31, 2024:
| RPUs (in thousands) |  | Weighted-Average Grant Date Fair Value |  |  |  |
Non-vested as of January 1, 2024 | 1,268 |  |  | $ | 210.04 |  |  |  |  |
Vested | (296) |  |  | 214.27 |  |  |  |  |
Granted | 918 |  |  | 156.73 |  |  |  |  |
Reinvested dividends | 90 |  |  | N/A |  |  |  |
Performance adjustments (1) | (320) |  |  | 226.71 |  |  |  |  |
Forfeited / Expired | (259) |  |  | 184.89 |  |  |  |  |
Non-vested as of December 31, 2024 | 1,401 |  |  | $ | 174.12 |  |  |  |  |
(1) Represents the incremental performance adjustment to RPUs with a performance period ending in 2024, which vested during the year.
Share-based Payment Arrangement, Option, Activity | The following table provides an analysis of activity during 2024 relating to options to purchase shares of class A common stock:
| Options (in thousands) |  | Weighted-Average Exercise Price |  | Weighted-Average Remaining Contractual Term (in years) |  | Aggregate Intrinsic Value (in millions)
Outstanding at January 1, 2024 | 1,382 |  |  | $ | 127.91 |  |  |  |  |
Exercised | (34) |  |  | 99.69 |  |  |  |  |
Granted | 153 |  |  | 154.76 |  |  |  |  |
Forfeited / Expired | (49) |  |  | N/A |  |  |  |
Outstanding as of December 31, 2024 | 1,452 |  |  | $ | 130.08 |  |  | 5.08 |  | $ | 19 |
Options Vested and Expected to Vest | 1,452 |  |  | $ | 130.08 |  |  | 5.08 |  | $ | 19 |
Exercisable as of December 31, 2024 | 1,128 |  |  | $ | 119.92 |  |  | 4.26 |  | $ | 18 |
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions | The fair value of each option grant is estimated using the Black-Scholes option pricing model. The weighted-average assumptions used by year, and the calculated weighted-average fair values of options, are as follows:
| 2024 |  | 2023 |  | 2022
Expected dividend yield | 3.96 | % |  | 3.54 | % |  | 2.35 | %
Risk-free interest rate | 4.25 | % |  | 3.70 | % |  | 2.39 | %
Expected life in years | 6.13 |  | 5.93 |  | 7.50
Expected volatility | 28.94 | % |  | 28.31 | % |  | 25.04 | %
Weighted-average fair value of options granted | $ | 34.76 |  |  | $ | 41.08 |  |  | $ | 48.45 |

X
- Definition Schedule of Share-based Payment Award, Performance Units, Valuation Assumptions + References No definition available. + Details
Name: | ups_ScheduleOfShareBasedPaymentAwardPerformanceUnitsValuationAssumptionsTableTextBlock
Namespace Prefix: | ups_
Data Type: | dtr-types1:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the number and weighted-average grant date fair value for restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock units that were granted, vested, or forfeited during the year. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
Name: | us-gaap_ScheduleOfShareBasedCompensationRestrictedStockUnitsAwardActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (d) -SubTopic 10 -Topic 718 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (e) -SubTopic 10 -Topic 718 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
Name: | us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 718 -SubTopic 10 -Subparagraph (f)(2) -Name Accounting Standards Codification -Paragraph 2 -Section 50 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
Name: | us-gaap_ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

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

X
- Definition Tabular disclosure of number and weighted-average grant date fair value for nonvested performance shares. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Subparagraph (c) -Paragraph 2 -SubTopic 10 -Topic 718 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
Name: | us-gaap_ShareBasedCompensationPerformanceSharesAwardUnvestedActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration