Item 6. Selected Financial Data

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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, 2017 (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,
	2017			2016			2015			2014			2013
Selected Income Statement Data
Revenue:
U.S. Domestic Package	$	40,764		$	38,301		$	36,747		$	35,851		$	34,074
International Package	13,338			12,350			12,149			12,988			12,429
Supply Chain & Freight	11,770			10,255			9,467			9,393			8,935
Total Revenue	65,872			60,906			58,363			58,232			55,438
Operating Expenses:
Compensation and benefits	34,588			34,770			31,028			32,045			28,557
Other	23,755			20,669			19,667			21,219			19,847
Total Operating Expenses	58,343			55,439			50,695			53,264			48,404
Operating Profit:
U.S. Domestic Package	4,280			3,017			4,767			2,859			4,603
International Package	2,464			2,044			2,137			1,677			1,757
Supply Chain and Freight	785			406			764			432			674
Total Operating Profit	7,529			5,467			7,668			4,968			7,034
Other Income and (Expense):
Investment income	72			50			15			22			20
Interest expense	(453		)	(381		)	(341		)	(353		)	(380		)
Income Before Income Taxes	7,148			5,136			7,342			4,637			6,674
Income Tax Expense	2,238			1,705			2,498			1,605			2,302
Net Income	$	4,910		$	3,431		$	4,844		$	3,032		$	4,372
Per Share Amounts:
Basic Earnings Per Share	$	5.64		$	3.89		$	5.38		$	3.31		$	4.65
Diluted Earnings Per Share	$	5.61		$	3.87		$	5.35		$	3.28		$	4.61
Dividends Declared Per Share	$	3.32		$	3.12		$	2.92		$	2.68		$	2.48
Weighted Average Shares Outstanding:
Basic	871			883			901			916			940
Diluted	875			887			906			924			948

	As of December 31,
	2017			2016			2015			2014			2013
Selected Balance Sheet Data:
Cash and marketable securities	$	4,069		$	4,567		$	4,726		$	3,283		$	5,245
Total assets	45,403			40,377			38,311			35,440			35,553
Long-term debt	20,278			12,394			11,316			9,856			10,824
Shareowners’ equity	1,030			429			2,491			2,158			6,488

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