Cash PositionFor the nine months ending Sept. 30, UPS generated free cash flow in excess of $3.6 billion. The company repurchased 18.5 million shares for approximately $1.4 billion and paid dividends totaling $1.6 billion, a 9.6% increase per share over the prior year. Capitalizing on credit market conditions, during the quarter UPS issued $1.75 billion of debt. Proceeds will be used to pay notes that mature in January 2013. The company ended the period with $9.0 billion in cash and marketable securities. The primary uses of these funds will be the acquisition of TNT Express and debt repayment.
|U.S. Domestic Package||3Q 2012||3Q 2012||3Q 2011|
|Revenue||$7.86 B||$7.77 B|
|Operating profit||$129 M||$1,025 M||$1,046 M|
|Operating margin||1.6 %||13.0 %||13.5 %|
|Average volume per day||13.2 M||12.7 M|