v3.26.1
SEGMENT INFORMATION (Tables)
 3 Months Ended
Mar. 31, 2026
Segment Reporting [Abstract]  
Results of Operations
Segment results of operations for the three months ended March 31, 2026 and 2025 were as follows (in millions):
Three Months Ended
 March 31,
20262025
U.S. Domestic Package:
Revenue$14,125 $14,460 
Less:
Compensation4,774 5,098 
Benefits4,101 4,169 
Other segment items(1)
4,735 4,214 
U.S. Domestic Operating profit/(loss)$515 $979 
International Package:
Revenue$4,540 $4,373 
Less:
Compensation and benefits1,036 957 
Purchased transportation949 905 
Other segment items(1)
2,008 1,870 
International Operating profit/(loss)$547 $641 
Reconciliation of revenue:
Total U.S. Domestic Package and International Package Revenue$18,665 $18,833 
Other revenues(2)
2,537 2,713 
Total Consolidated Revenue$21,202 $21,546 
Reconciliation of segment operating profit to income before income taxes:
Total U.S. Domestic Package and International Package Operating profit/(loss)$1,062 $1,620 
Other profit/(loss)(2)
205 46 
Other pension income (expense)67 37 
Investment income and other
56 42 
Interest expense(266)(222)
Total Consolidated Income Before Income Taxes$1,124 $1,523 
(1)    Other segment items include purchased transportation (applicable only to our U.S. Domestic Package 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 months ended March 31, 2026 and 2025 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
 March 31,
20262025
Depreciation and amortization
U.S. Domestic Package$683 $623 
International Package194 202 
Other depreciation and amortization(1)
108 87 
Consolidated Depreciation and Amortization$985 $912 
(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 March 31, 2026 and December 31, 2025 consisted of the following (in millions):
20262025
Segment Assets
U.S. Domestic Package$37,667 $38,359 
International Package18,079 18,214 
Other assets(1)
12,356 12,693 
Unallocated assets(2)
3,707 3,824 
Consolidated Assets$71,809 $73,090 
(1)    Assets from segments below the quantitative thresholds are attributable to operating segments which provide supply chain solutions.
(2)    Unallocated assets consist primarily of cash held by our centralized investment entity.