Disaggregation of Revenue |
Disaggregation of Revenue | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | | 2025 | | 2024 | | 2025 | | 2024 | Revenue: | | | | | | | | Next Day Air | $ | 2,293 | | | $ | 2,309 | | | $ | 4,654 | | | $ | 4,625 | | Deferred | 1,024 | | | 1,107 | | | 2,073 | | | 2,263 | | Ground | 10,484 | | | 10,703 | | | 21,193 | | | 21,465 | | Cargo and Other | 282 | | | 82 | | | 623 | | | 114 | | U.S. Domestic Package | 14,083 | | | 14,201 | | | 28,543 | | | 28,467 | | | | | | | | | | Domestic | 830 | | | 770 | | | 1,601 | | | 1,528 | | Export | 3,484 | | | 3,437 | | | 6,928 | | | 6,787 | | Cargo and Other | 171 | | | 163 | | | 329 | | | 311 | | International Package | 4,485 | | | 4,370 | | | 8,858 | | | 8,626 | | | | | | | | | | Forwarding | 732 | | | 1,315 | | | 1,458 | | | 2,595 | | Logistics | 1,476 | | | 1,546 | | | 3,048 | | | 3,088 | | Other | 445 | | | 386 | | | 860 | | | 748 | | Supply Chain Solutions | 2,653 | | | 3,247 | | | 5,366 | | | 6,431 | | | | | | | | | | Consolidated revenue | $ | 21,221 | | | $ | 21,818 | | | $ | 42,767 | | | $ | 43,524 | |
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Schedule of Contract Assets and Liabilities |
Contract assets and liabilities as of June 30, 2025 and December 31, 2024 were as follows (in millions): | | | | | | | | | | | | | | | | | | | | | | | Balance Sheet Location | | June 30, 2025 | | December 31, 2024 | Contract Assets: | | | | | | | Revenue related to in-transit packages | | Other current assets | | $ | 272 | | | $ | 307 | | | | | | | | | Contract Liabilities: | | | | | | | Short-term advance payments from customers | | Other current liabilities | | $ | 15 | | | $ | 13 | | Long-term advance payments from customers | | Other non-current liabilities | | $ | 55 | | | $ | 27 | |
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