v3.25.2
SEGMENT INFORMATION (Tables)
 6 Months Ended
Jun. 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 six months ended June 30, 2025 and 2024 were as follows (in millions):
Three Months Ended
 June 30,		Six Months Ended
 June 30,
2025202420252024
U.S. Domestic Package:
Revenue$14,083 $14,201 $28,543 $28,467 
Less:
Compensation4,903 4,796 10,001 9,668 
Benefits4,180 4,171 8,349 8,351 
Other segment items(1)
4,084 4,246 8,298 8,627 
U.S. Domestic Operating profit/(loss)$916 $988 $1,895 $1,821 
International Package:
Revenue$4,485 $4,370 $8,858 $8,626 
Less:
Compensation and benefits995 920 1,952 1,864 
Purchased transportation944 811 1,849 1,609 
Other segment items(1)
1,874 1,921 3,744 3,779 
International Operating profit/(loss)$672 $718 $1,313 $1,374 
Reconciliation of revenue:
Total U.S. Domestic Package and International Package Revenue$18,568 $18,571 $37,401 $37,093 
Other revenues(2)
2,653 3,247 5,366 6,431 
Total Consolidated Revenue$21,221 $21,818 $42,767 $43,524 
Reconciliation of segment operating profit to income before income taxes:
Total U.S. Domestic Package and International Package Operating profit/(loss)$1,588 $1,706 $3,208 $3,195 
Other profit/(loss)(2)
234 238 280 362 
Other pension income (expense)38 67 75 134 
Investment income and other40 70 82 121 
Interest expense(238)(212)(460)(407)
Total Consolidated Income Before Income Taxes$1,662 $1,869 $3,185 $3,405 
(1)    Other segment items for each reportable segment 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. These operating segments include our Forwarding, Logistics and other businesses.
The amounts of depreciation and amortization by reportable segment disclosed for the three and six months ended June 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
 June 30,		Six Months Ended
 June 30,
2025202420252024
Depreciation and amortization
U.S. Domestic Package$636 $593 $1,259 $1,196 
International Package209 199 411 395 
Other depreciation and amortization(1)
91 95 178 194 
Consolidated Depreciation and Amortization$936 $887 $1,848 $1,785 
(1)    Depreciation and amortization from segments below the quantitative thresholds are attributable to operating segments which provide supply chain solutions. These operating segments include our Forwarding, Logistics and other businesses.
Assets by reportable segment as of June 30, 2025 and December 31, 2024 consisted of the following (in millions):
20252024
Segment Assets
U.S. Domestic Package$37,441 $38,657 
International Package19,250 18,300 
Other assets(1)
11,427 9,850 
Unallocated assets(2)
2,805 3,263 
Consolidated Assets$70,923 $70,070 
(1)    Assets from segments below the quantitative thresholds are attributable to operating segments which provide supply chain solutions. These operating segments include our Forwarding, Logistics and other businesses.
(2)    Unallocated assets are comprised primarily of cash held by our centralized investment entity.