Stock Analysis on Net

United Parcel Service Inc. (NYSE:UPS)

Cash Flow Statement 

The cash flow statement provides information about a company cash receipts and cash payments during an accounting period, showing how these cash flows link the ending cash balance to the beginning balance shown on the company balance sheet.

The cash flow statement consists of three parts: cash flows provided by (used in) operating activities, cash flows provided by (used in) investing activities, and cash flows provided by (used in) financing activities.

United Parcel Service Inc., consolidated cash flow statement

US$ in millions

Microsoft Excel LibreOffice Calc
12 months ended: Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017
Net income 12,890  1,343  4,440  4,791  4,910 
Depreciation and amortization 2,953  2,698  2,360  2,207  2,282 
Pension and postretirement benefit expense (income) (2,456) 7,125  3,141  2,242  1,643 
Pension and postretirement benefit contributions (576) (3,125) (2,362) (186) (7,794)
Self-insurance reserves 178  503  (185) (86) — 
Deferred tax expense (benefit) 1,645  (858) 100  758  1,230 
Stock compensation expense 878  796  915  634  584 
Other (gains) losses 137  917  74  293  37 
Accounts receivable (2,147) (1,562) (717) (421) (1,022)
Other assets 312  218  698  754  (982)
Accounts payable 1,265  904  419  1,034  592 
Accrued wages and withholdings (245) 1,631  (446) 505  193 
Other liabilities 151  (110) 182  170  (241)
Changes in assets and liabilities, net of effects of business acquisitions (664) 1,081  136  2,042  (1,460)
Other operating activities 22  (21) 20  16  47 
Adjustments to reconcile net income to net cash from operating activities 2,117  9,116  4,199  7,920  (3,431)
Net cash from operating activities 15,007  10,459  8,639  12,711  1,479 
Capital expenditures (4,194) (5,412) (6,380) (6,283) (5,227)
Proceeds from disposal of businesses, property, plant and equipment 872  40  65  37  24 
Purchases of marketable securities (312) (254) (561) (973) (1,634)
Sales and maturities of marketable securities 366  360  883  886  1,990 
Net change in finance receivables 34  44  13 
Cash paid for business acquisitions, net of cash and cash equivalents acquired (602) (20) (6) (2) (134)
Other investing activities 18  (41) (75)
Net cash used in investing activities (3,818) (5,283) (6,061) (6,330) (4,975)
Net change in short-term debt —  (2,462) 310  63  (250)
Proceeds from long-term borrowings —  5,003  5,205  1,202  12,016 
Repayments of long-term borrowings (2,773) (3,392) (3,096) (2,887) (3,939)
Purchases of common stock (500) (224) (1,004) (1,011) (1,813)
Issuances of common stock 251  285  218  240  247 
Dividends (3,437) (3,374) (3,194) (3,011) (2,771)
Other financing activities (364) (353) (166) (288) (203)
Net cash from (used in) financing activities (6,823) (4,517) (1,727) (5,692) 3,287 
Effect of exchange rate changes on cash, cash equivalents and restricted cash (21) 13  20  (91) 53 
Net increase (decrease) in cash, cash equivalents and restricted cash 4,345  672  871  598  (156)
Cash, cash equivalents and restricted cash, beginning of period 5,910  5,238  4,367  3,769  3,476 
Cash, cash equivalents and restricted cash, end of period 10,255  5,910  5,238  4,367  3,320 

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31).

Cash flow statement item Description The company
Net cash from operating activities Amount of cash inflow (outflow) from operating activities, excluding discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities. United Parcel Service Inc. net cash from operating activities increased from 2019 to 2020 and from 2020 to 2021.
Net cash used in investing activities Amount of cash inflow (outflow) of investing activities, excluding discontinued operations. Investing activity cash flows include making and collecting loans and acquiring and disposing of debt or equity instruments and property, plant, and equipment and other productive assets. United Parcel Service Inc. net cash used in investing activities increased from 2019 to 2020 and from 2020 to 2021.
Net cash from (used in) financing activities Amount of cash inflow (outflow) of financing activities, excluding discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit. United Parcel Service Inc. net cash from (used in) financing activities decreased from 2019 to 2020 and from 2020 to 2021.