Annual report pursuant to Section 13 and 15(d)

SEGMENT AND GEOGRAPHIC INFORMATION (Tables)

v3.22.4
SEGMENT AND GEOGRAPHIC INFORMATION (Tables)
12 Months Ended
Dec. 31, 2022
Segments, Geographical Areas [Abstract]  
Segment Information Segment information for the years ended December 31, 2022, 2021 and 2020 is as follows (in millions):
2022 2021 2020
Revenue:
U.S. Domestic Package $ 64,209  $ 60,317  $ 53,499 
International Package 19,698  19,541  15,945 
Supply Chain Solutions 16,431  17,429  15,184 
Consolidated revenue $ 100,338  $ 97,287  $ 84,628 
Operating Profit:
U.S. Domestic Package $ 6,997  $ 6,436  $ 3,891 
International Package 4,326  4,646  3,436 
Supply Chain Solutions 1,771  1,728  357 
Consolidated operating profit $ 13,094  $ 12,810  $ 7,684 
Assets:
U.S. Domestic Package $ 38,303  $ 35,746  $ 35,067 
International Package 17,670  17,225  15,717 
Supply Chain Solutions 10,407  9,556  9,041 
Unallocated 4,744  6,878  2,583 
Consolidated assets $ 71,124  $ 69,405  $ 62,408 
Depreciation and Amortization Expense:
U.S. Domestic Package $ 2,173  $ 2,058  $ 1,805 
International Package 761  685  597 
Supply Chain Solutions 254  210  296 
Consolidated depreciation and amortization expense $ 3,188  $ 2,953  $ 2,698 
Revenue by Product Type
Revenue by product type for the years ended December 31, 2022, 2021 and 2020 is as follows (in millions):
2022 2021 2020
U.S. Domestic Package:
Next Day Air $ 10,699  $ 10,009  $ 8,522 
Deferred 5,968  5,846  5,665 
Ground 47,542  44,462  39,312 
Total U.S. Domestic Package 64,209  60,317  53,499 
International Package:
Domestic 3,346  3,690  3,160 
Export 15,341  15,012  12,159 
Cargo 1,011  839  626 
Total International Package 19,698  19,541  15,945 
Supply Chain Solutions:
Forwarding 8,943  9,872  6,975 
Logistics 5,351  4,767  4,073 
Freight —  1,064  3,149 
Other 2,137  1,726  987 
Total Supply Chain Solutions 16,431  17,429  15,184 
Consolidated revenue $ 100,338  $ 97,287  $ 84,628 
Geographic Information
Geographic information for the years ended December 31, 2022, 2021 and 2020 is as follows (in millions):
2022 2021 2020
United States:
Revenue $ 78,110  $ 74,376  $ 66,580 
Long-lived assets $ 32,002  $ 29,609  $ 28,354 
International:
Revenue $ 22,228  $ 22,911  $ 18,048 
Long-lived assets $ 12,991  $ 11,098  $ 10,213 
Consolidated:
Revenue $ 100,338  $ 97,287  $ 84,628 
Long-lived assets $ 44,993  $ 40,707  $ 38,567