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SHAREOWNERS' EQUITY
 3 Months Ended
Mar. 31, 2026
Stockholders' Equity Note [Abstract]  
SHAREOWNERS' EQUITY SHAREOWNERS' EQUITY
Capital Stock, Additional Paid-In Capital, Retained Earnings and Noncontrolling Interests
We are authorized to issue two classes of common stock, which are distinguished from each other primarily by their respective voting rights. Class A shares of UPS are entitled to 10 votes per share, whereas class B shares are entitled to one vote per share. Class A shares are primarily held by UPS employees and retirees, as well as trusts and descendants of the Company's founders, and these shares are fully convertible into class B shares at any time. Class B shares are publicly traded on the NYSE under the symbol "UPS". Class A and B shares each have a $0.01 par value and, as of March 31, 2026, there were 4.6 billion class A shares and 5.6 billion class B shares authorized to be issued. Additionally, there are 200 million preferred shares authorized to be issued, with a par value of $0.01 per share. As of March 31, 2026, no preferred shares had been issued.
The following is a rollforward of our common stock, additional paid-in capital, retained earnings and non-controlling interests accounts for the three months ended March 31, 2026 and 2025 (in millions):
Three Months Ended
 March 31,
20262025
Class A Common Stock:
Balance at beginning of period$1 $2 
Class A shares issued at end of period$1 $2 
Class B Common Stock:
Balance at beginning of period$8 $7 
Class B shares issued at end of period$8 $7 
Additional Paid-In Capital:
Balance at beginning of period$275 $136 
Stock award plans40 39 
Common stock purchases(1)
— (262)
Common stock issuances65 96 
Other
2 (9)
Balance at end of period$382 $— 
Retained Earnings:
Balance at beginning of period$20,151 $20,882 
Net income
864 1,187 
Dividends ($1.64 per share for both the three months ended March 31, 2026 and 2025) (2)
(1,393)(1,392)
Common stock purchases(1)
— (738)
Balance at end of period$19,622 $19,939 
Noncontrolling Interests:
Balance at beginning of period$28 $25 
Change in non-controlling interest— (1)
Balance at end of period$28 $24 
(1)    In the three months ended March 31, 2025 we repurchased 8.6 million shares of class B common stock for $1.0 billion under our 2023 share repurchase authorization.
(2)    The dividend per share amount is the same for both class A and class B common stock. Dividends include $41 and $44 million for the three months ended March 31, 2026 and 2025, respectively, that were settled in shares of class A common stock.
The activity in accumulated other comprehensive income (loss) ("AOCI") was as follows (in millions):
Three Months Ended
 March 31,
20262025
Foreign Currency Translation Loss, Net of Tax:
Balance at beginning of period$(1,058)$(1,586)
Translation adjustment (net of tax effect of $(5) and $(1) for the three months ended March 31, 2026 and 2025, respectively)
(151)129 
Balance at end of period(1,209)(1,457)
Unrealized (Loss) Gain on Cash Flow Hedges, Net of Tax:
Balance at beginning of period(253)91 
Current period changes in fair value (net of tax effect of $20 and $(30) for the three months ended March 31, 2026 and 2025, respectively)
62 (96)
Reclassification to earnings (net of tax effect of $6 and $(13) for the three months ended March 31, 2026 and 2025, respectively)
19 (43)
Balance at end of period(172)(48)
Unrecognized Pension and Postretirement Benefit Costs, Net of Tax:
Balance at beginning of period(2,897)(2,813)
Reclassification to earnings (net of tax effect of $9 and $9 for the three months ended March 31, 2026 and 2025, respectively)
28 30 
Balance at end of period(2,869)(2,783)
Other activity:
Balance at beginning of period— (1)
Current period other activity
— 1 
Accumulated other comprehensive loss at end of period
$(4,250)$(4,288)
Detail of the gains (losses) reclassified from accumulated other comprehensive loss to the statements of consolidated income was as follows (in millions):
Three Months Ended
 March 31,
Affected Line Item in
20262025
the Income Statement
Unrealized (Loss) Gain on Cash Flow Hedges:
Foreign currency exchange contracts$(24)$57 Revenue
Other
(1)(1)
Interest expense
Income tax (expense) benefit6 (13)Income tax expense
Impact on net income(19)43 Net income
Unrecognized Pension and Postretirement Benefit Costs:
Prior service costs(37)(39)Investment income and other
Income tax (expense) benefit9 9 Income tax expense
Impact on net income(28)(30)Net income
Total amount reclassified for the period$(47)$13 Net income