What amount of total assets does the company report on its balance sheet?What amount of total liabilities does the company report on its balance sheet?Using the accounting equation, determine the company’s stockholders’ equity. Compare this amount to the amount of stockholders’ equity reported on the company’s balance sheet.How many years of information are reported on the company’s income statement?How many years of information are reported on the company’s balance sheet?What is the difference between the information reported on the income statement and the information reported on the balance sheet? Annual Filings : United Parcel Se xA investors.ups.com/sec-filings/annual-filings##document-927-0001090727-21-000013-1Item 6. Selected Financial DataThe following table sets forth selected financial data for each of the five years in the period ended December 31, 2020 (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 Supplemental Information-Items Affecting Comparability section, and other financial data appearing elsewhere in this report.Years Ended December 31,20182020201920172016Selected Income Statement DataRevenue:46,493 S14,22013,38174,09443,593 $14,44213,82671,86140,761 $13,34212,48266.58538,28412,34610,98053,499 $U.S. Domestic PackageInternational PackageSupply Chain &Freight15,94515,18484,62861,610Total RevenueOperating Expenses:Compensation and benefits34,57732,53444,52932,41576,94438,90827,38866,29637,23527,60264,83724,47921.388Other59,05653,922Total Operating ExpensesOperating Profit:U.S. Domestic PackageInternational PackageSupply Chain & FreightTotal Operating ProfitOther Income and (Expense):Investment income (expense) and otherInterest expenseIncome Before Income TaxesIncome Tax Expense3,6432.5294,3032,4294,6283,8913,4364,1642,6579772,4173578527976437,6847,7987,0247,5297,688(2,186)(381)(1,493)(653)5,6521,2124,440 S(400)61(5,139)(701)1.844(453)7,1372,232(605)6.0195,1211,2284.791 S5011,6992.1,343 $4.9053,422Net IncomePer Share Amounts:5.63 $242.1.55 $1.54 $5.14 $5.53 $3.88Basic Earnings Per ShareDiluted Earnings Per ShareDividends Declared Per ShareWeighted Average Shares Outstanding:BasicDiluted2.5.11245.513.64 $3.863.125.614.04 $3.84 S3.32867864868718387186987087587As of December 31,20202019201820172016Selected Balance:Cash and marketable securities6.316 S5,741 S57,85721,8185,035 $50,0164,069 $4,567Total assetsLong-term debt and finance leasesShareowners' equity62,40845,57440,54520,2781,024This table reflects the impact of the adoprion of new accounting standards in 2018 and 2019. Refer to note 1 to the audited conzolidated financial statements.22,03166919.93112,3944303,2833,037

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FINANCIAL ACCOUNTING

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Chapter1: Financial Statements And Business Decisions

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What amount of total assets does the company report on its balance sheet? What amount of total liabilities does the company report on its balance sheet? Using the accounting equation, determine the company’s stockholders’ equity. Compare this amount to the amount of stockholders’ equity reported on the company’s balance sheet. How many years of information are reported on the company’s income statement? How many years of information are reported on the company’s balance sheet? What is the difference between the information reported on the income statement and the information reported on the balance sheet?

Annual Filings : United Parcel Se x
A investors.ups.com/sec-filings/annual-filings##document-927-0001090727-21-000013-1
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, 2020 (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 Supplemental Information-
Items Affecting Comparability section, and other financial data appearing elsewhere in this report.
Years Ended December 31,
2018
2020
2019
2017
2016
Selected Income Statement Data
Revenue:
46,493 S
14,220
13,381
74,094
43,593 $
14,442
13,826
71,861
40,761 $
13,342
12,482
66.585
38,284
12,346
10,980
53,499 $
U.S. Domestic Package
International Package
Supply Chain &Freight
15,945
15,184
84,628
61,610
Total Revenue
Operating Expenses:
Compensation and benefits
34,577
32,534
44,529
32,415
76,944
38,908
27,388
66,296
37,235
27,602
64,837
24,479
21.388
Other
59,056
53,922
Total Operating Expenses
Operating Profit:
U.S. Domestic Package
International Package
Supply Chain & Freight
Total Operating Profit
Other Income and (Expense):
Investment income (expense) and other
Interest expense
Income Before Income Taxes
Income Tax Expense
3,643
2.529
4,303
2,429
4,628
3,891
3,436
4,164
2,657
977
2,417
357
852
797
643
7,684
7,798
7,024
7,529
7,688
(2,186)
(381)
(1,493)
(653)
5,652
1,212
4,440 S
(400)
61
(5,139)
(701)
1.844
(453)
7,137
2,232
(605)
6.019
5,121
1,228
4.791 S
501
1,699
2.
1,343 $
4.905
3,422
Net Income
Per Share Amounts:
5.63 $
24
2.
1.55 $
1.54 $
5.14 $
5.53 $
3.88
Basic Earnings Per Share
Diluted Earnings Per Share
Dividends Declared Per Share
Weighted Average Shares Outstanding:
Basic
Diluted
2.
5.11
24
5.51
3.64 $
3.86
3.12
5.61
4.04 $
3.84 S
3.32
867
864
86
871
83
871
869
870
875
87
As of December 31,
2020
2019
2018
2017
2016
Selected Balance:
Cash and marketable securities
6.316 S
5,741 S
57,857
21,818
5,035 $
50,016
4,069 $
4,567
Total assets
Long-term debt and finance leases
Shareowners' equity
62,408
45,574
40,545
20,278
1,024
This table reflects the impact of the adoprion of new accounting standards in 2018 and 2019. Refer to note 1 to the audited conzolidated financial statements.
22,031
669
19.931
12,394
430
3,283
3,037

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Balance sheet is the financial statement which the company prepares with the aim in order to know the financial status or financial position of the company.

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