UPS · All filings · Read this filing
What changed 10-K
Item 7A. Quantitative and Qualitative Disclosures About Market Risk
2025-02-18 compared with 2024-02-20 · 1 added, 1 removed, 54 unchanged (4% of the section changed)
24 unchanged sentences
These instruments subject us to risk resulting from changes in short-term interest rates.
−Removed: We are also subject to interest rate risk with respect to our defined benefit pension and postretirement medical benefit plan obligations, as changes in interest rates will effectively increase or decrease the obligations associated with these plans.
+Added: We are also subject to interest rate risk with respect to our defined benefit pension and postretirement medical benefit plans, as changes in interest rates will effectively increase or decrease the associated plan obligations and assets.
This will result in changes to the amount of pension and postretirement benefit expense recognized in future periods and may also result in us being required to make contributions to the plans.
28 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.