Company: United Parcel Service, Inc.
Ticker: UPS
Form: 10-K
Filed: 2026-02-17
Fiscal Period: {"fp": "FY", "fy": 2025}

Question: What was United Parcel Service, Inc.'s operating cash flow in fiscal year 2025?
Question Type: value_lookup

Concept: NetCashProvidedByUsedInOperatingActivities
Answer (Numeric): 8450.0
Answer (Display): $8,450 million
Unit: USD millions

Evidence:
[{"chunk_id": "146", "equivalent_chunk_ids": ["146"], "section": "STATEMENTS OF CONSOLIDATED CASH FLOWS", "supports": ["main"], "text": "(In millions)\nCash Flows From Operating Activities:\nNet income\n5,572\n5,782\n6,708\nAdjustments to reconcile net income to net cash from operating activities:\nDepreciation and amortization\n3,746\n3,609\n3,366\nPension and postretirement benefit (income) expense\n1,009\n1,698\n1,330\nPension and postretirement benefit contributions\n1,361\n1,524\n1,393\nSelf-insurance reserves\nDeferred tax (benefit) expense\nStock compensation expense\nOther (gains) losses\nChanges in assets and liabilities, net of effects of business acquisitions:\nAccounts receivable\n1,256\nOther assets\nAccounts payable\n1,377\nAccrued wages and withholdings\nOther liabilities\nOther operating activities\nNet cash from operating activities\n8,450\n10,122\n10,238\nCash Flows From Investing Activities:\nCapital expenditures\n3,685\n3,909\n5,158\nProceeds from disposal of businesses, property, plant and equipment\n1,115\nPurchases of marketable securities\n3,521\nSales and maturities of marketable securities\n2,748\n2,701\nAcquisitions, net of cash acquired\n1,968\n1,329\nOther investing activities\nNet cash used in investing activities\n4,735\n7,133\nCash Flows From Financing Activities:\nNet change in short-term debt\n1,272\nProceeds from long-term borrowings\n4,153\n2,785\n3,429\nRepayments of long-term borrowings\n2,069\n2,487\n2,429\nPurchases of common stock\n1,000\n2,250\nIssuances of common stock\nDividends\n5,398\n5,399\n5,372\nOther financing activities\nNet cash used in financing activities\n4,141\n6,850\n5,534\nEffect of Exchange Rate Changes on Cash, Cash Equivalents and Restricted Cash\nNet Increase (Decrease) In Cash, Cash Equivalents and Restricted Cash\n2,906\n2,396\nCash, Cash Equivalents and Restricted Cash:\nBeginning of period\n6,112\n3,206\n5,602\nEnd of period\n5,887\n6,112\n3,206\nSee notes to audited, consolidated financial statements.\nUNITED PARCEL SERVICE, INC. AND SUBSIDIARIES"}]

Derivation: