%PDF-1.5 1 0 obj <> endobj 3 0 obj <> endobj 4 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.00 677.12 Td (FOR IMMEDIA) Tj ET Q q 0 0 0 rg BT 118.29 677.12 Td (TE RELEASE) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 429.60 688.12 Td (Contact: David Partenheimer) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 496.80 678.12 Td (202.268.2599) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 413.85 668.12 Td (david.a.partenheimer@usps.gov) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 489.05 658.12 Td (usps.com/news) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.00 658.12 Td (August 9, 2019) Tj ET Q BT /F1 10.00 Tf ET /GS0 gs q 184.00 0 0 33.62 377.00 708.17 cm /I1 Do Q /GS0 gs q 227.95 0 0 39.00 52.00 707.02 cm /I2 Do Q BT /F4 14.00 Tf ET q 0 0 0 rg BT 100.95 609.20 Td (U.S. Postal Service Reports ) Tj ET Q BT /F4 14.00 Tf ET q 0 0 0 rg BT 288.47 609.20 Td (Third) Tj ET Q BT /F4 14.00 Tf ET q 0 0 0 rg BT 323.46 609.20 Td ( Quarter Fiscal ) Tj ET Q BT /F4 14.00 Tf ET q 0 0 0 rg BT 425.39 609.20 Td (2019) Tj ET Q BT /F4 14.00 Tf ET q 0 0 0 rg BT 456.53 609.20 Td ( Results) Tj ET Q BT /F4 12.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 1 1 1 rg BT 275.65 597.20 Td (DRAFT 4.3) Tj ET Q BT /F3 11.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 104.00 584.00 Td ( ) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 122.00 584.00 Td (Revenue of ) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 181.32 584.00 Td ($17.1 billion) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 240.03 584.00 Td (, essentially unchanged compared to same quarter last year) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 104.00 570.80 Td ( ) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 122.00 570.80 Td (Net loss of nearly ) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 210.04 570.80 Td ($2.3 billion) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 262.63 570.80 Td ( ) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 104.00 557.60 Td ( ) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 122.00 557.60 Td (USPS remains focused on aggressive management actions and legislative and regulatory ) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 122.00 544.45 Td (reforms to provide ) Tj ET Q q 0 0 0 rg BT 213.29 544.45 Td (Americans with a financially sustainable Postal Service) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 512.45 Td (W) Tj ET Q q 0 0 0 rg BT 58.89 512.45 Td (ASHINGT) Tj ET Q q 0 0 0 rg BT 103.71 512.45 Td (ON) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 118.71 512.45 Td ( - ) Tj ET Q q 0 0 0 rg BT 127.41 512.45 Td (The U.S. Postal Service reported total revenue of ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 348.08 512.45 Td ($17.1 billion) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 401.46 512.45 Td ( for the ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 435.36 512.45 Td (third) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 454.81 512.45 Td ( quarter of fiscal ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 528.74 512.45 Td (2019) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 550.98 512.45 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 500.45 Td (\() Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.33 500.45 Td (April1, 2019) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 109.48 500.45 Td ( - ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 118.36 500.45 Td (June30, 2019) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 181.75 500.45 Td (\), an increase of ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 256.24 500.45 Td ($16 million) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 304.04 500.45 Td (, which is essentially flat compared to the same quarter ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 488.45 Td (last year) Tj ET Q q 0 0 0 rg BT 87.24 488.45 Td (. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 466.45 Td (First-Class Mail revenue declined by ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 213.95 466.45 Td ($98 million) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 261.75 466.45 Td (, or ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 278.98 466.45 Td (1.6 percent) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 329.01 466.45 Td (, on a volume decline of ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 437.41 466.45 Td (361 million) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 485.21 466.45 Td ( pieces, or ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 534.13 466.45 Td (2.7 ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 454.45 Td (percent) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 83.35 454.45 Td (, compared to the same quarter last year) Tj ET Q q 0 0 0 rg BT 262.89 454.45 Td (. Marketing Mail revenue declined by ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 428.53 454.45 Td ($121 million) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 481.89 454.45 Td (, or ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 499.12 454.45 Td (3.0 percent) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 549.16 454.45 Td (, ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 442.45 Td (on a volume decline of ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 152.84 442.45 Td (878 million) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 200.64 442.45 Td ( pieces, or ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 249.56 442.45 Td (4.7 percent) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 299.59 442.45 Td (, compared to the same quarter last year) Tj ET Q q 0 0 0 rg BT 479.13 442.45 Td (. Periodicals ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 430.45 Td (revenue declined by ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 142.29 430.45 Td ($38 million) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 190.09 430.45 Td (, or ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 207.31 430.45 Td (1) Tj ET Q q 0 0 0 rg BT 212.13 430.45 Td (1.2 percent) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 262.17 430.45 Td (, on a volume decline of ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 370.57 430.45 Td (173 million) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 418.37 430.45 Td ( pieces, compared to the same ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 418.45 Td (quarter last year) Tj ET Q q 0 0 0 rg BT 121.70 418.45 Td (. Meanwhile, Shipping and Packages revenue increased by ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 386.87 418.45 Td ($250 million) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 440.23 418.45 Td (, or ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 457.46 418.45 Td (4.8 percent) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 507.50 418.45 Td (, despite a ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 406.45 Td (volume decline of ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 130.60 406.45 Td (47 million) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 172.84 406.45 Td ( pieces, or ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 221.75 406.45 Td (3.2 percent) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 271.79 406.45 Td (, compared to the same quarter last year) Tj ET Q q 0 0 0 rg BT 451.32 406.45 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 382.45 Td (T) Tj ET Q q 0 0 0 rg BT 55.00 382.45 Td (otal operating expenses were ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 188.42 382.45 Td ($19.3 billion) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 241.79 382.45 Td ( for the quarter) Tj ET Q q 0 0 0 rg BT 306.83 382.45 Td (, an increase of ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 377.98 382.45 Td ($797 million) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 431.35 382.45 Td (, or ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 448.57 382.45 Td (4.3 percent) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 498.61 382.45 Td (, compared to ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 370.40 Td (the same quarter last year) Tj ET Q q 0 0 0 rg BT 165.62 370.40 Td (. Excluding costs resulting from actuarial revaluation, discount rate changes, and ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 358.40 Td (amortization of unfunded liabilities, which are outside of management's control, expenses increased by ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 506.61 358.40 Td ($218 ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 346.40 Td (million) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 78.34 346.40 Td (, or ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 95.57 346.40 Td (1.2 percent) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 145.60 346.40 Td (, compared to the same quarter last year) Tj ET Q q 0 0 0 rg BT 325.14 346.40 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 322.40 Td (W) Tj ET Q q 0 0 0 rg BT 62.59 322.40 Td (e continue to face imbalances in our business model that must be fixed through legislative and regulatory ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 310.40 Td (change. ) Tj ET Q q 0 0 0 rg BT 87.81 310.40 Td (As we work to ef) Tj ET Q q 0 0 0 rg BT 160.99 310.40 Td (fectuate that change, we continue our ongoing aggressive management actions, and ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 298.40 Td (remain focused on delivering for the ) Tj ET Q q 0 0 0 rg BT 211.21 298.40 Td (American public, and meeting their evolving business and residential needs) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.74 298.40 Td (,) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 547.24 298.40 Td (" ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 286.40 Td (said Postmaster General and Chief Executive Of) Tj ET Q q 0 0 0 rg BT 264.92 286.40 Td (ficer Megan J. Brennan. "W) Tj ET Q q 0 0 0 rg BT 386.67 286.40 Td (e are actively adapting to changes ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 274.45 Td (throughout the mailing and shipping landscape, providingcustomers with new solutions that add value for their ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 261.20 Td (investment, improve the service we provide, and drive internal ef) Tj ET Q q 0 0 0 rg BT 334.96 261.20 Td (ficiencies.") Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 382.41 261.20 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 237.20 Td (Brennan added that the Postal Service) Tj ET Q q 0 0 0 rg BT 223.27 237.20 Td (s largely fixed and mandated costs continue to rise at a faster rate than the ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 225.20 Td (revenues that can be generated within a constrained business model, which is ill-suited to ensure the long-term ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 213.20 Td (sustainability of the Postal Service.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 189.20 Td (The net loss for the quarter totaled nearly ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 235.66 189.20 Td ($2.3 billion) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 283.47 189.20 Td (, an increase of ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 354.62 189.20 Td ($767 million) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 407.99 189.20 Td (, compared to a net loss of nearly ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 177.20 Td ($1.5 billion) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 97.81 177.20 Td ( for the same quarter last year) Tj ET Q q 0 0 0 rg BT 230.65 177.20 Td (. Controllable loss for the quarter was nearly ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 429.08 177.20 Td ($1.1 billion) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 476.89 177.20 Td (, compared to a ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 165.20 Td (controllable loss of ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 135.60 165.20 Td ($889 million) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 188.96 165.20 Td ( for the same quarter last year) Tj ET Q q 0 0 0 rg BT 321.81 165.20 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 141.20 Td (W) Tj ET Q q 0 0 0 rg BT 62.59 141.20 Td (e continue to focus on maximizing productivity) Tj ET Q q 0 0 0 rg BT 265.83 141.20 Td (, said Chief Financial Of) Tj ET Q q 0 0 0 rg BT 375.14 141.20 Td (ficer and Executive V) Tj ET Q q 0 0 0 rg BT 468.90 141.20 Td (ice President Joseph ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 129.20 Td (Corbett. While many of our network costs are fixed to meet our universal service obligations, we reduced work ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 117.20 Td (hours by approximately ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 156.16 117.20 Td (1.7 million) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 201.18 117.20 Td ( relative to the same quarter last year) Tj ET Q q 0 0 0 rg BT 365.71 117.20 Td (.) Tj ET Q endstream endobj 5 0 obj <> endobj 6 0 obj <> stream BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 741.75 Td (Third) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 75.00 741.75 Td ( Quarter) Tj ET Q BT /F4 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.12549019607843137 0.12549019607843137 0.12549019607843137 rg BT 113.90 741.75 Td ( Fiscal ) Tj ET Q BT /F4 10.00 Tf ET q 0.12549019607843137 0.12549019607843137 0.12549019607843137 rg BT 147.80 741.75 Td (2019) Tj ET Q BT /F4 10.00 Tf ET q 0.12549019607843137 0.12549019607843137 0.12549019607843137 rg BT 170.05 741.75 Td ( Operating Revenue and V) Tj ET Q q 0.12549019607843137 0.12549019607843137 0.12549019607843137 rg BT 293.78 741.75 Td (olume by Service Category Compared to Prior ) Tj ET Q q 0.12549019607843137 0.12549019607843137 0.12549019607843137 rg BT 515.33 741.75 Td (Y) Tj ET Q q 0.12549019607843137 0.12549019607843137 0.12549019607843137 rg BT 521.45 741.75 Td (ear) Tj ET Q BT /F2 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 50.00 729.75 Td (The following table presents revenue and volume by category for the ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 356.29 729.75 Td (three months ended June 30, 2019) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 511.41 729.75 Td (, and ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 536.43 729.75 Td (2018) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 558.67 729.75 Td (:) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 719.25 m 50.5 715.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 719.25 m 54.5 719.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 54.5 719.25 m 314.5 719.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 314.5 719.25 m 372.5 719.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 372.5 719.25 m 376.5 719.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 376.5 719.25 m 434.5 719.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 434.5 719.25 m 438.5 719.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 719.25 m 496.5 719.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.5 719.25 m 500.5 719.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500.5 719.25 m 558.5 719.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 562.5 719.25 m 562.5 715.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 558.5 719.25 m 562.5 719.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 715.25 m 50.5 701.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 314.5 701.25 m 372.5 701.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 372.5 701.25 m 376.5 701.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 376.5 701.25 m 434.5 701.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 701.25 m 496.5 701.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.5 701.25 m 500.5 701.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500.5 701.25 m 558.5 701.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 562.5 715.25 m 562.5 701.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 701.25 m 50.5 687.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 314.5 687.25 m 372.5 687.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 376.5 687.25 m 434.5 687.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 687.25 m 496.5 687.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500.5 687.25 m 558.5 687.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 562.5 701.25 m 562.5 687.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 687.25 m 50.5 683.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 562.5 687.25 m 562.5 683.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 683.25 m 50.5 669.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 562.5 683.25 m 562.5 669.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 669.25 m 50.5 655.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 562.5 669.25 m 562.5 655.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 655.25 m 50.5 641.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 562.5 655.25 m 562.5 641.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 641.25 m 50.5 627.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 562.5 641.25 m 562.5 627.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 627.25 m 50.5 613.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 562.5 627.25 m 562.5 613.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 613.25 m 50.5 599.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 562.5 613.25 m 562.5 599.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 599.25 m 50.5 585.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 562.5 599.25 m 562.5 585.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 585.25 m 50.5 581.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 314.5 581.25 m 372.5 581.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 376.5 581.25 m 434.5 581.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 581.25 m 496.5 581.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500.5 581.25 m 558.5 581.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 562.5 585.25 m 562.5 581.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 581.25 m 50.5 567.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 314.5 581.25 m 372.5 581.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 314.5 568.25 m 372.5 568.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 314.5 566.25 m 372.5 566.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 376.5 581.25 m 434.5 581.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 376.5 568.25 m 434.5 568.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 376.5 566.25 m 434.5 566.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 581.25 m 496.5 581.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 568.25 m 496.5 568.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 566.25 m 496.5 566.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500.5 581.25 m 558.5 581.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500.5 568.25 m 558.5 568.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500.5 566.25 m 558.5 566.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 562.5 581.25 m 562.5 567.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 567.25 m 50.5 563.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 563.25 m 54.5 563.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 54.5 563.25 m 314.5 563.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 314.5 563.25 m 372.5 563.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 372.5 563.25 m 376.5 563.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 376.5 563.25 m 434.5 563.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 434.5 563.25 m 438.5 563.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 563.25 m 496.5 563.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.5 563.25 m 500.5 563.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500.5 563.25 m 558.5 563.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 562.5 567.25 m 562.5 563.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 558.5 563.25 m 562.5 563.25 l s BT /F4 10.00 Tf ET q 0 0 0 rg BT 353.15 705.47 Td (Revenue) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 480.30 705.47 Td (V) Tj ET Q q 0 0 0 rg BT 486.60 705.47 Td (olume) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 57.00 691.43 Td (\(revenue in $ millions; volume in millions of pieces\)) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 331.85 691.47 Td (2019) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 393.85 691.47 Td (2018) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 455.85 691.47 Td (2019) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 517.85 691.47 Td (2018) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 57.00 673.47 Td (Service Category) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 63.00 659.47 Td (First-Class Mail) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 317.00 659.47 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 343.60 659.47 Td (5,859) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 379.00 659.47 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 405.60 659.47 Td (5,957) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 462.05 659.47 Td (13,098) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 524.05 659.47 Td (13,459) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 63.00 645.47 Td (Marketing Mail) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 343.60 645.47 Td (3,861) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 405.60 645.47 Td (3,982) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 462.05 645.47 Td (17,668) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 524.05 645.47 Td (18,546) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 63.00 631.47 Td (Shipping and Packages) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 343.60 631.47 Td (5,416) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 405.60 631.47 Td (5,166) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 467.60 631.47 Td (1,423) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 529.60 631.47 Td (1,470) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 63.00 617.47 Td (International) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 351.95 617.47 Td (615) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 413.95 617.47 Td (617) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 475.95 617.47 Td (204) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 537.95 617.47 Td (222) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 63.00 603.47 Td (Periodicals) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 351.95 603.47 Td (302) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 413.95 603.47 Td (340) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 467.60 603.47 Td (1,182) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 529.60 603.47 Td (1,355) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 63.00 589.47 Td (Other) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 343.60 589.47 Td (1,033) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 405.60 589.47 Td (1,012) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 481.50 589.47 Td (85) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 543.50 589.47 Td (96) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 57.00 571.47 Td (T) Tj ET Q q 0 0 0 rg BT 62.37 571.47 Td (otal operating revenue and volume) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 317.00 571.47 Td ($) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 338.05 571.47 Td (17,086) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 379.00 571.47 Td ($) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 400.05 571.47 Td (17,074) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 462.05 571.47 Td (33,660) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 524.05 571.47 Td (35,148) Tj ET Q BT /F1 10.00 Tf ET BT /F4 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.12549019607843137 0.12549019607843137 0.12549019607843137 rg BT 50.00 539.75 Td (Selected ) Tj ET Q BT /F4 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 93.91 539.75 Td (Third) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 118.91 539.75 Td ( Quarter) Tj ET Q BT /F4 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.12549019607843137 0.12549019607843137 0.12549019607843137 rg BT 157.81 539.75 Td ( Fiscal ) Tj ET Q BT /F4 10.00 Tf ET q 0.12549019607843137 0.12549019607843137 0.12549019607843137 rg BT 191.71 539.75 Td (2019) Tj ET Q BT /F4 10.00 Tf ET q 0.12549019607843137 0.12549019607843137 0.12549019607843137 rg BT 213.96 539.75 Td ( Results of Operations and Controllable Loss) Tj ET Q BT /F2 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 50.00 527.75 Td (This news release references ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 183.39 527.75 Td (controllable loss) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 255.10 527.75 Td (, which is not calculated and presented in accordance with ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 515.75 Td (accounting principles generally accepted in the United States \(GAAP\). Controllable loss is defined as net loss ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 503.75 Td (adjusted for items outside of management) Tj ET Q q 0 0 0 rg BT 238.26 503.75 Td (s control and non-recurring items. ) Tj ET Q q 0 0 0 rg BT 389.81 503.75 Td (These adjustments include workers) Tj ET Q q 0 0 0 rg BT 548.40 503.75 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 491.75 Td (compensation expenses caused by actuarial revaluation and discount rate changes, and the amortization of Postal ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 479.75 Td (Service Retiree Health Benefits Fund \(PSRHBF\), Civil Service Retirement System \(CSRS\) and Federal Employee ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 467.75 Td (Retirement System \(FERS\) unfunded liabilities. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 444.75 Td (The following table presents selected results of operations and reconciles GAAP) Tj ET Q q 0 0 0 rg BT 405.01 444.75 Td ( net loss to controllable loss and ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 432.75 Td (illustrates the loss from ongoing business activities without the impact of non-controllable items for the three months ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 420.75 Td (ended ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 80.59 420.75 Td (June30, 2019) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 143.97 420.75 Td (, and ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 168.99 420.75 Td (2018) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 191.24 420.75 Td (:) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49.5 410.25 m 49.5 406.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49.5 410.25 m 53.5 410.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 53.5 410.25 m 437.5 410.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 410.25 m 495.5 410.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 410.25 m 499.5 410.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 499.5 410.25 m 557.5 410.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 561.5 410.25 m 561.5 406.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 557.5 410.25 m 561.5 410.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49.5 406.25 m 49.5 392.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 392.25 m 495.5 392.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 499.5 392.25 m 557.5 392.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 561.5 406.25 m 561.5 392.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49.5 392.25 m 49.5 388.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 561.5 392.25 m 561.5 388.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49.5 388.25 m 49.5 374.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 561.5 388.25 m 561.5 374.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49.5 374.25 m 49.5 360.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 360.25 m 495.5 360.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 499.5 360.25 m 557.5 360.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 561.5 374.25 m 561.5 360.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49.5 360.25 m 49.5 346.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 360.25 m 495.5 360.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 346.25 m 495.5 346.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 499.5 360.25 m 557.5 360.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 499.5 346.25 m 557.5 346.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 561.5 360.25 m 561.5 346.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49.5 346.25 m 49.5 342.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 561.5 346.25 m 561.5 342.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49.5 342.25 m 49.5 328.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 328.25 m 495.5 328.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 499.5 328.25 m 557.5 328.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 561.5 342.25 m 561.5 328.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49.5 328.25 m 49.5 324.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 561.5 328.25 m 561.5 324.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49.5 324.25 m 49.5 310.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 561.5 324.25 m 561.5 310.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49.5 310.25 m 49.5 306.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 561.5 310.25 m 561.5 306.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49.5 306.25 m 49.5 292.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 306.25 m 495.5 306.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 293.25 m 495.5 293.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 291.25 m 495.5 291.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 499.5 306.25 m 557.5 306.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 499.5 293.25 m 557.5 293.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 499.5 291.25 m 557.5 291.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 561.5 306.25 m 561.5 292.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49.5 292.25 m 49.5 288.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 561.5 292.25 m 561.5 288.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49.5 288.25 m 49.5 274.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 561.5 288.25 m 561.5 274.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49.5 274.25 m 49.5 252.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 561.5 274.25 m 561.5 252.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49.5 252.25 m 49.5 237.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 561.5 252.25 m 561.5 237.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49.5 237.25 m 49.5 222.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 561.5 237.25 m 561.5 222.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49.5 222.25 m 49.5 207.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 561.5 222.25 m 561.5 207.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49.5 207.25 m 49.5 182.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 561.5 207.25 m 561.5 182.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49.5 182.25 m 49.5 178.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 561.5 182.25 m 561.5 178.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49.5 178.25 m 49.5 164.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 178.25 m 495.5 178.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 165.25 m 495.5 165.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 163.25 m 495.5 163.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 499.5 178.25 m 557.5 178.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 499.5 165.25 m 557.5 165.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 499.5 163.25 m 557.5 163.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 561.5 178.25 m 561.5 164.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49.5 164.25 m 49.5 160.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 561.5 164.25 m 561.5 160.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49.5 160.25 m 49.5 133.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 561.5 160.25 m 561.5 133.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49.5 133.25 m 49.5 122.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 561.5 133.25 m 561.5 122.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49.5 122.25 m 49.5 103.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 561.5 122.25 m 561.5 103.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49.5 103.25 m 49.5 76.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 561.5 103.25 m 561.5 76.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49.5 76.25 m 49.5 49.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 561.5 76.25 m 561.5 49.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49.5 49.25 m 49.5 45.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49.5 45.25 m 53.5 45.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 53.5 45.25 m 437.5 45.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 45.25 m 495.5 45.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 45.25 m 499.5 45.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 499.5 45.25 m 557.5 45.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 561.5 49.25 m 561.5 45.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 557.5 45.25 m 561.5 45.25 l s BT /F3 8.00 Tf ET q 0 0 0 rg BT 56.00 396.43 Td (\(results in $ millions\)) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 454.85 396.47 Td (2019) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 516.85 396.47 Td (2018) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 56.00 378.47 Td (Operating revenue) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 440.00 378.47 Td ($) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 461.05 378.47 Td (17,086) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 502.00 378.47 Td ($) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 523.05 378.47 Td (17,074) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 62.00 364.47 Td (Other revenue) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 486.05 364.47 Td (7) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 548.05 364.47 Td (3) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 56.00 350.47 Td (T) Tj ET Q q 0 0 0 rg BT 61.74 350.47 Td (otal revenue) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 440.00 350.47 Td ($) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 461.05 350.47 Td (17,093) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 502.00 350.47 Td ($) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 523.05 350.47 Td (17,077) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 56.00 332.47 Td (T) Tj ET Q q 0 0 0 rg BT 61.37 332.47 Td (otal operating expenses) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 440.00 332.47 Td ($) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 461.05 332.47 Td (19,333) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 502.00 332.47 Td ($) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 523.05 332.47 Td (18,536) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 62.00 314.47 Td (Interest and investment income \(expense\), net) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 477.15 314.47 Td (\(16) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 491.65 314.47 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 539.15 314.47 Td (\(30) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 553.65 314.47 Td (\)) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 56.00 296.47 Td (Net loss) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 440.00 296.47 Td ($) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 463.25 296.47 Td (\(2,256) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 491.65 296.47 Td (\)) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 502.00 296.47 Td ($) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 525.25 296.47 Td (\(1,489) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 553.65 296.47 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 62.00 278.47 Td (PSRHBF unfunded liability amortization expense) Tj ET Q BT /F2 10.00 Tf ET BT /F2 6.50 Tf ET q 0 0 0 rg BT 277.67 283.24 Td (1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 480.50 278.47 Td (42) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 542.50 278.47 Td (16) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 62.00 264.47 Td (Change in workers) Tj ET Q q 0 0 0 rg BT 147.22 264.47 Td ( compensation liability resulting from fluctuations in discount ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 62.00 254.52 Td (rates) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 474.95 256.87 Td (697) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 533.60 256.87 Td (\(137) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 553.65 256.87 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 62.00 241.87 Td (Other change in workers) Tj ET Q q 0 0 0 rg BT 172.79 241.87 Td ( compensation liability) Tj ET Q BT /F2 10.00 Tf ET BT /F2 6.50 Tf ET q 0 0 0 rg BT 270.62 246.64 Td (2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 486.05 241.87 Td (9) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 539.15 241.87 Td (\(59) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 553.65 241.87 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 62.00 226.87 Td (CSRS unfunded liability amortization expense) Tj ET Q BT /F2 10.00 Tf ET BT /F2 6.50 Tf ET q 0 0 0 rg BT 264.89 231.64 Td (3) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 474.95 226.87 Td (360) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 536.95 226.87 Td (456) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 62.00 211.87 Td (FERS unfunded liability amortization expense) Tj ET Q BT /F2 10.00 Tf ET BT /F2 6.50 Tf ET q 0 0 0 rg BT 263.78 216.64 Td (4) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 474.95 211.87 Td (239) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 536.95 211.87 Td (322) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 62.00 196.87 Td (Change in normal cost of retiree health benefits due to revised actuarial ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 62.00 186.87 Td (assumptions) Tj ET Q BT /F2 10.00 Tf ET BT /F2 6.50 Tf ET q 0 0 0 rg BT 118.14 191.64 Td (5) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 471.60 186.87 Td (\(168) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 491.65 186.87 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 548.05 186.87 Td (2) Tj ET Q BT /F2 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 1 1 1 rg BT 378.00 172.52 Td (165,000,000) Tj ET Q BT /F4 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 56.00 168.47 Td (Controllable loss) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 440.00 168.47 Td ($) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 463.25 168.47 Td (\(1,077) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 491.65 168.47 Td (\)) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 502.00 168.47 Td ($) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 533.60 168.47 Td (\(889) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 553.65 168.47 Td (\)) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 56.00 155.74 Td (1 ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 60.34 151.93 Td (Expense for the accrual for the annual payment due to PSRHBF by September 30 of the respective year) Tj ET Q q 0 0 0 rg BT 428.99 151.93 Td (, for the amortization of the ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 60.50 143.93 Td (unfunded liability) Tj ET Q q 0 0 0 rg BT 119.50 143.93 Td (. ) Tj ET Q q 0 0 0 rg BT 123.80 143.93 Td (The 2019 amounts are based on OPM) Tj ET Q q 0 0 0 rg BT 261.52 143.93 Td (s invoice received July 2, 2019, with updated discount rate assumptions. ) Tj ET Q q 0 0 0 rg BT 519.74 143.93 Td (The 2018 ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 60.50 135.93 Td (amounts are based on OPM) Tj ET Q q 0 0 0 rg BT 162.19 135.93 Td (s invoice received July 19, 2018, with updated discount rate assumptions.) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 56.00 128.74 Td (2) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 58.89 124.93 Td ( Net amounts include changes in assumptions, valuation of new claims and revaluation of existing claims, less current year claim payments.) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 56.00 117.74 Td (3 ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 60.34 113.93 Td (Expense for the accrual for the annual payment due to OPM by September 30 of the respective year) Tj ET Q q 0 0 0 rg BT 414.76 113.93 Td (, based on information provided by ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 60.50 105.93 Td (OPM, to amortize the unfunded CSRS retirement obligation. Payments are to be made through 2043 based on OPM invoices.) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 56.00 98.74 Td (4 ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 60.34 94.93 Td (Expense for the accrual for the annual payment due to OPM by September 30 of the respective year) Tj ET Q q 0 0 0 rg BT 414.76 94.93 Td (, based on information provided by ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 60.50 86.93 Td (OPM, to amortize the unfunded FERS retirement obligation. Payments are to be made over a 30-year rolling period based on OPM ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 60.50 78.93 Td (invoices.) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 56.00 71.74 Td (5) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 58.89 67.93 Td ( Represents the accrual for the portion of the increase in the annual normal cost payments due September 30, 2019, and 2018, attributable ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 60.50 59.93 Td (to revised actuarial assumptions and discount rate changes, based on OPM) Tj ET Q q 0 0 0 rg BT 330.29 59.93 Td (s invoices for the respective year) Tj ET Q q 0 0 0 rg BT 446.34 59.93 Td (. ) Tj ET Q q 0 0 0 rg BT 450.64 59.93 Td (This amount represents the ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 60.50 51.93 Td (noncontrollable portion of the expense recorded for normal cost of retiree health benefits.) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 7 0 obj <>>><>>><>>>] /Rotate 0 /Contents 8 0 R>> endobj 8 0 obj <> stream BT /F2 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.12549019607843137 0.12549019607843137 0.12549019607843137 rg BT 50.00 730.10 Td (Financial results in the Form 10-Q are available at ) Tj ET Q BT /F3 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.73 w 0 i [] 0 d 1 J 1 j 3 M 273.9892578125 728.67421875 m 440.7470703125 728.67421875 l s q 0 0 1 rg BT 273.99 730.10 Td (http://about.usps.com/what/financials/) Tj ET Q BT /F3 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F4 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0.12549019607843137 0.12549019607843137 0.12549019607843137 rg BT 50.00 709.10 Td (Financial Briefing) Tj ET Q BT /F2 10.00 Tf ET q 0.12549019607843137 0.12549019607843137 0.12549019607843137 rg BT 50.00 697.10 Td (Postmaster General and CEO Megan J. Brennan and CFO and Executive V) Tj ET Q q 0.12549019607843137 0.12549019607843137 0.12549019607843137 rg BT 385.55 697.10 Td (ice President Joseph Corbett will host a ) Tj ET Q BT /F2 10.00 Tf ET q 0.12549019607843137 0.12549019607843137 0.12549019607843137 rg BT 50.00 685.10 Td (telephone/W) Tj ET Q q 0.12549019607843137 0.12549019607843137 0.12549019607843137 rg BT 105.97 685.10 Td (eb conference call to discuss the financial results in more detail. ) Tj ET Q q 0.12549019607843137 0.12549019607843137 0.12549019607843137 rg BT 390.93 685.10 Td (The call will begin at 1) Tj ET Q q 0.12549019607843137 0.12549019607843137 0.12549019607843137 rg BT 488.57 685.10 Td (1:00 a.m. ET) Tj ET Q q 0.12549019607843137 0.12549019607843137 0.12549019607843137 rg BT 545.64 685.10 Td ( on ) Tj ET Q BT /F2 10.00 Tf ET q 0.12549019607843137 0.12549019607843137 0.12549019607843137 rg BT 50.00 673.10 Td (August9, 2019) Tj ET Q BT /F2 10.00 Tf ET q 0.12549019607843137 0.12549019607843137 0.12549019607843137 rg BT 117.28 673.10 Td (, and is open to news media and all other interested parties.) Tj ET Q BT /F4 10.00 Tf ET q 0.12549019607843137 0.12549019607843137 0.12549019607843137 rg BT 50.00 652.10 Td (How to Participate:) Tj ET Q BT /F2 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 50.00 628.10 Td (US/Canada ) Tj ET Q q 0 0 0 rg BT 103.93 628.10 Td (Attendee Dial-in: 844-340-4622 ) Tj ET Q q 0 0 0 rg BT 266.00 628.10 Td (Conference ID: 6372434) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 604.10 Td (Attendee Direct URL:) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 144.49 604.10 Td ( ) Tj ET Q BT /F3 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.73 w 0 i [] 0 d 1 J 1 j 3 M 147.265625 602.67421875 m 543.3740234375 602.67421875 l s q 0 0 1 rg BT 147.27 604.10 Td (https://usps.webex.com/usps/onstage/g.php?MTID=e762ad4ff02f4758f6e9e44fe4adccf5d) Tj ET Q BT /F2 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 50.00 568.10 Td (Alternate URL: ) Tj ET Q BT /F3 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.73 w 0 i [] 0 d 1 J 1 j 3 M 118.3642578125 566.67421875 m 222.8564453125 566.67421875 l s q 0 0 1 rg BT 118.36 568.10 Td (https://usps.webex.com) Tj ET Q BT /F3 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 556.10 Td (Event Number: 820 168 475) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 546.10 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 534.10 Td (The briefing is also available on live audio webcast \(listen only\) at:) Tj ET Q BT /F3 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.73 w 0 i [] 0 d 1 J 1 j 3 M 50 520.67421875 m 316.240234375 520.67421875 l s q 0 0 1 rg BT 50.00 522.10 Td (http://about.usps.com/what/financials/briefings/welcome.htm) Tj ET Q BT /F3 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 488.10 Td (The Postal Service receives no tax dollars for operating expenses and relies on the sale of postage, products and ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 476.10 Td (services to fund its operations.) 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