	2008 12/31/08	2007 12/31/07	2006 12/31/06	2005 12/31/05
Cash	507	2,027	794	1,369
Short Term Investments	542	577	1,189	1,672
ASSETS
Cash & Short Term Investments	1,049	2,604	1,983	3,041
Receivables - Net	6,194	7,808	6,220	6,361
Inventories - Total	0	0	0	0
Prepaid Expenses	0	0	0	0
Other Current Assets	1,602	1,348	1,174	1,601
CURRENT ASSETS - TOTAL	8,845	11,760	9,377	11,003
Land	1,068	1,056	1,026	968
Buildings	2,836	2,837	2,667	2,404
Machinery & Equipment	19,333	7,210	6,903	6,621
Rental/Leased Property	136	153	142	87
Transportation Equipment	5,508	16,263	15,749	14,521
Other Property, Plant & Equipment	2,702	2,630	2,496	2,469
Property, Plant, & Equipment under Capitalized Leases	2,571	2,573	2,383	2,054
Property, Plant and Equipment - Gross	35,098	33,611	32,081	29,557
Accumulated Depreciation	(16,833)	(15,948)	(15,302)	(14,268)
Property, Plant and Equipment - Net	18,265	17,663	16,779	15,289
Long Term Receivables	476	431	374	471
Deferred Charges	10	4,421	2,044	0
Other Tangible Assets	1,786	1,562	1,415	5,226
Total Intangible Other Assets - Net	2,497	3,205	3,221	3,233
Other Assets - Total	4,293	9,188	6,680	8,459
TOTAL ASSETS	31,879	39,042	33,210	35,222
LIABILITIES
Accounts Payable	1,855	1,819	1,841	2,352
Short Term Debt & Current Portion of Long Term Debt	2,074	3,512	983	821
Accrued Payroll	1,436	1,414	1,303	1,324
Income Taxes Payable	0	0	101	180
Dividends Payable	0	440	400	364
Other Current Liabilities	2,452	2,655	2,091	1,752
CURRENT LIABILITIES - TOTAL	7,817	9,840	6,719	6,793
Capitalized Lease Obligations	0	393	165	224
Long Term Debt	7,797	7,506	3,133	3,159
Provision for Risks and Charges	8,033	6,089	4,352	3,058
Deferred Taxes - Credit	588	2,620	2,529	3,425
DEFERRED TAXES	588	2,620	2,529	3,425
Other Liabilities	859	804	995	1,903
TOTAL LIABILITIES	25,094	26,859	17,728	18,338
EQUITY
Non-Equity Reserves	0	0	0	0
Minority Interest	5	0	0	0
Preferred Stock	0	0	0	0
Common Stock	10	10	11	11
Other Appropriated Reserves	(5,316)	(1,716)	(2,029)	66
Retained Earnings	12,412	14,186	17,676	17,037
Unrealized Foreign Exchange Gain/Loss	(145)	(169)	(41)	(80)
Unrealized Gain/Loss on Marketable Securities	(60)	9	12	11
Treasury Stock	(121)	(137)	(147)	(161)
COMMON EQUITY	6,780	12,183	15,482	16,884
TOTAL LIABILITIES & SHAREHOLDERS’ EQUITY	31,879	39,042	33,210	35,222
SHARE INFORMATION
Common Shares Outstanding	996	1,041	1,070	1,097

	2009 Q3 9/30/09	2009 Q2 6/30/09	2009 Q1 3/31/09	2008 Q4 12/31/08	2008 Q3 9/30/08
Cash	--	--	--	507	--
ASSETS
Cash & Short Term Investments	2,788	3,347	4,346	1,049	1,762
Receivables - Net	5,156	4,894	5,088	6,194	6,711
Inventories - Total	0	0	0	0	0
Prepaid Expenses	--	--	--	0	--
Other Current Assets	1,622	1,941	1,934	1,602	1,599
CURRENT ASSETS - TOTAL	9,566	10,182	11,368	8,845	10,072
Property, Plant and Equipment - Gross	34,708	34,266	34,003	35,098	35,137
Accumulated Depreciation	(16,616)	(16,292)	(16,003)	(16,833)	(16,776)
Property, Plant and Equipment - Net	18,092	17,974	18,000	18,265	18,361
Total Intangible Other Assets - Net	2,620	2,488	3,710	2,497	3,151
Other Assets - Total	4,553	4,384	4,405	4,769	9,732
TOTAL ASSETS	32,211	32,540	33,773	31,879	38,165
LIABILITIES
Accounts Payable	1,486	1,517	1,677	1,855	2,010
Short Term Debt & Current Portion of Long Term Debt	1,397	2,017	3,346	2,074	2,895
Other Current Liabilities	3,891	3,623	3,771	3,888	4,067
CURRENT LIABILITIES - TOTAL	6,774	7,157	8,794	7,817	8,972
Capitalized Lease Obligations	400	407	395	0	422
Long Term Debt	8,908	8,866	8,737	7,797	8,064
Deferred Taxes - Credit	927	824	583	588	2,768
DEFERRED TAXES	927	824	583	588	2,768
Other Liabilities	8,556	8,900	8,879	8,892	7,259
TOTAL LIABILITIES	25,165	25,747	26,993	25,094	27,063
EQUITY
Non-Equity Reserves	0	0	0	0	0
Minority Interest	0	0	0	5	0
Preferred Stock	0	0	0	0	0
Common Stock	10	10	10	10	10
Capital Surplus	49	59	46	--	--
Retained Earnings	12,453	12,352	--	12,412	12,711
Unrealized Foreign Exchange Gain/Loss	(185)	(231)	(178)	(145)	164
Unrealized Gain/Loss on Marketable Securities	(27)	(39)	(63)	(60)	(41)
Treasury Stock	(108)	(107)	(106)	(121)	(120)
COMMON EQUITY	7,046	6,793	6,780	6,780	11,102
TOTAL LIABILITIES & SHAREHOLDERS’ EQUITY	32,211	32,540	33,773	31,879	38,165
SHARE INFORMATION
Common Shares Outstanding	993	995	995	996	998

() = Negative Values
Values are displayed in Millions except for earnings per share and where noted

UPS : NYSE