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United Parcel Service Inc (UPS)'s quarterly construction in progress declined from Sep. 2013 ($267 Mil) to Dec. 2013 ($244 Mil) and declined from Dec. 2013 ($244 Mil) to Mar. 2014 ($184 Mil).
United Parcel Service Inc (UPS)'s annual construction in progress increased from Dec. 2011 ($303 Mil) to Dec. 2012 ($470 Mil) but then declined from Dec. 2012 ($470 Mil) to Dec. 2013 ($244 Mil).
It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.
* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.
United Parcel Service Inc (UPS) Annual Data
United Parcel Service Inc (UPS) Quarterly Data