UPS 2010 Annual Report Download - page 34
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Item 6. Selected Financial Data
The following table sets forth selected financial data for each of the five years in the period ended
December 31, 2010 (in millions, except per share amounts). This financial data should be read together with our
consolidated financial statements and related notes, Management’s Discussion and Analysis of Financial
Condition and Results of Operations, and other financial data appearing elsewhere in this report.
Years Ended December 31,
2010 2009 2008 2007 2006
Selected Income Statement Data
Revenue:
U.S. Domestic Package ......................... $29,742 $28,158 $31,278 $30,985 $30,456
International Package ........................... 11,133 9,699 11,293 10,281 9,089
Supply Chain & Freight ......................... 8,670 7,440 8,915 8,426 8,002
Total revenue ................................. 49,545 45,297 51,486 49,692 47,547
Operating expenses:
Compensation and benefits ...................... 26,324 25,640 26,063 31,745 24,421
Other ........................................ 17,347 15,856 20,041 17,369 16,491
Total operating expenses ........................ 43,671 41,496 46,104 49,114 40,912
Operating profit (loss):
U.S. Domestic Package ......................... 3,373 2,138 3,907 (1,531) 4,923
International Package ........................... 1,904 1,367 1,580 1,831 1,710
Supply Chain and Freight ........................ 597 296 (105) 278 2
Total operating profit ........................... 5,874 3,801 5,382 578 6,635
Other income (expense):
Investment income ............................. 3 10 75 99 86
Interest expense ............................... (354) (445) (442) (246) (211)
Income before income taxes .......................... 5,523 3,366 5,015 431 6,510
Income tax expense ................................ (2,035) (1,214) (2,012) (49) (2,308)
Net income ....................................... $ 3,488 $ 2,152 $ 3,003 $ 382 $ 4,202
Per share amounts:
Basic earnings per share ......................... $ 3.51 $ 2.16 $ 2.96 $ 0.36 $ 3.87
Diluted earnings per share ....................... $ 3.48 $ 2.14 $ 2.94 $ 0.36 $ 3.86
Dividends declared per share ..................... $ 1.88 $ 1.80 $ 1.80 $ 1.68 $ 1.52
Weighted average shares outstanding:
Basic ........................................ 994 998 1,016 1,057 1,085
Diluted ...................................... 1,003 1,004 1,022 1,063 1,089
As of December 31,
2010 2009 2008 2007 2006
Selected Balance Sheet Data
Cash and marketable securities ....................... $ 4,081 $ 2,100 $ 1,049 $ 2,604 $ 1,983
Total assets ....................................... 33,597 31,883 31,879 39,042 33,210
Long-term debt .................................... 10,491 8,668 7,797 7,506 3,133
Shareowners’ equity ................................ 8,047 7,696 6,780 12,183 15,482
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