Home >Financials >United States Postal Service Annual Report 2010: Foundation For The Future > Notes to the Financial Statements > Note 3—Summary of significant accounting policies > Supplies and Repair Parts
Supplies and repair parts consist of parts for mail processing equipment and are valued at average cost. Total supplies and repair parts were $91 million for 2010 and $95 million for 2009. A majority of motor vehicle spare parts are supplied through consignment agreements.