XML 50 R37.htm IDEA: XBRL DOCUMENT v3.25.3
SEGMENT INFORMATION (Tables)
9 Months Ended
Sep. 30, 2025
Segment Reporting [Abstract]  
Results of Operations
As we operate an integrated, global multimodal network, we evaluate many of our capital expenditure decisions at a network level. Accordingly, expenditures on property, plant and equipment by segment are not presented.
Results of operations for the three and nine months ended September 30, 2025 and 2024 were as follows (in millions):

Three Months Ended
 September 30,
Nine Months Ended
 September 30,
2025202420252024
U.S. Domestic Package:
Revenue$14,220 $14,597 $42,763 $43,064 
Less:
Compensation5,000 5,057 15,001 14,725 
Benefits4,462 4,261 12,811 12,612 
Other segment items(1)
4,155 4,436 12,453 13,063 
U.S. Domestic Operating profit/(loss)$603 $843 $2,498 $2,664 
International Package:
Revenue$4,673 $4,411 $13,531 $13,037 
Less:
Compensation and benefits1,017 926 2,969 2,790 
Purchased transportation1,018 866 2,867 2,475 
Other segment items(1)
1,962 1,821 5,706 5,600 
International Operating profit/(loss)$676 $798 $1,989 $2,172 
Reconciliation of revenue:
Total U.S. Domestic Package and International Package Revenue$18,893 $19,008 $56,294 $56,101 
Other revenues(2)
2,522 3,237 7,888 9,668 
Total Consolidated Revenue$21,415 $22,245 $64,182 $65,769 
Reconciliation of segment operating profit to income before income taxes:
Total U.S. Domestic Package and International Package Operating profit/(loss)$1,279 $1,641 $4,487 $4,836 
Other profit/(loss)(2)
525 344 805 706 
Investment income and other94 155 251 410 
Interest expense(291)(230)(751)(637)
Total Consolidated Income Before Income Taxes$1,607 $1,910 $4,792 $5,315 
(1)    Other segment items include purchased transportation (applicable only to our U.S Domestic segment), repairs and maintenance, depreciation and amortization, fuel, other occupancy, and allocated costs for our air network, information services, and general and administrative service expenses.
(2)    Revenue and Operating profit/(loss) from segments below the quantitative thresholds are attributable to operating segments which provide supply chain solutions.
The amounts of depreciation and amortization by reportable segment disclosed for the three and nine months ended September 30, 2025 and 2024 are included within the other segment items captions in the table above. These totals are presented after applying activity-based costing methods to allocate expenses between segments as noted above.
Three Months Ended
 September 30,
Nine Months Ended
 September 30,
2025202420252024
Depreciation and amortization
U.S. Domestic Package$619 $629 $1,878 $1,825 
International Package215 189 626 584 
Other depreciation and amortization(1)
92 87 270 281 
Consolidated Depreciation and Amortization$926 $905 $2,774 $2,690 
(1)    Depreciation and amortization from segments below the quantitative thresholds are attributable to operating segments which provide supply chain solutions.
Assets by reportable segment as of September 30, 2025 and December 31, 2024 consisted of the following (in millions):
20252024
Segment Assets
U.S. Domestic Package$37,625 $38,657 
International Package20,008 18,300 
Other assets(1)
11,004 9,850 
Unallocated assets(2)
2,755 3,263 
Consolidated Assets$71,392 $70,070 
(1)    Assets from segments below the quantitative thresholds are attributable to operating segments which provide supply chain solutions.
(2)    Unallocated assets are comprised primarily of cash held by our centralized investment entity.