Item 6. Selected Financial Data

4K characters. Original on sec.gov · Markdown

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, 2016 (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, including the Items Affecting Comparability section, and other financial data appearing elsewhere in this report.



	Years Ended December 31,
	2016			2015			2014			2013			2012
Selected Income Statement Data
Revenue:
U.S. Domestic Package	$	38,301		$	36,747		$	35,851		$	34,074		$	32,856
International Package	12,350			12,149			12,988			12,429			12,124
Supply Chain & Freight	10,255			9,467			9,393			8,935			9,147
Total Revenue	60,906			58,363			58,232			55,438			54,127
Operating Expenses:
Compensation and benefits	34,770			31,028			32,045			28,557			33,102
Other	20,669			19,667			21,219			19,847			19,682
Total Operating Expenses	55,439			50,695			53,264			48,404			52,784
Operating Profit:
U.S. Domestic Package	3,017			4,767			2,859			4,603			459
International Package	2,044			2,137			1,677			1,757			869
Supply Chain and Freight	406			764			432			674			15
Total Operating Profit	5,467			7,668			4,968			7,034			1,343
Other Income and (Expense):
Investment income	50			15			22			20			24
Interest expense	(381		)	(341		)	(353		)	(380		)	(393		)
Income Before Income Taxes	5,136			7,342			4,637			6,674			974
Income Tax Expense	1,705			2,498			1,605			2,302			167
Net Income	$	3,431		$	4,844		$	3,032		$	4,372		$	807
Per Share Amounts:
Basic Earnings Per Share	$	3.89		$	5.38		$	3.31		$	4.65		$	0.84
Diluted Earnings Per Share	$	3.87		$	5.35		$	3.28		$	4.61		$	0.83
Dividends Declared Per Share	$	3.12		$	2.92		$	2.68		$	2.48		$	2.28
Weighted Average Shares Outstanding:
Basic	883			901			916			940			960
Diluted	887			906			924			948			969

	As of December 31,
	2016			2015			2014			2013			2012
Selected Balance Sheet Data:
Cash and marketable securities	$	4,567		$	4,726		$	3,283		$	5,245		$	7,924
Total assets	40,377			38,311			35,440			35,553			38,818
Long-term debt	12,394			11,316			9,856			10,824			11,089
Shareowners’ equity	429			2,491			2,158			6,488			4,733

Previous: Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities · Next: Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations