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Financial Highlights
Years ended Sept 30
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Percent change from preceding year
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FY2016
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FY2015
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FY2014
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FY2015-16
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FY2014-15
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(in millions)
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Total revenue
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$ 71,498
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$ 68,928
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$ 67,830
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3.7%
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1.6%
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Total operating expenses
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$ 76,899
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$ 73,826
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$ 73,178
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4.2%
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0.9%
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Interest, net
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$ (190)
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$ (162)
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$ (160)
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Net loss
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$ (5,591)
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$ (5,060)
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$ (5,508)
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Purchases of capital property and equipment
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$ 1,428
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$ 1,222
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$ 781
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16.9%
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56.5%
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Debt
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$ 15,000
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$ 15,000
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$ 15,000
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Capital contributions of U.S. Government
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$ 3,132
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$ 3,132
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$ 3,132
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Deficit since 1971 reorganization
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$ (59,114)
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$ (53,523)
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$ (48,463)
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Total net deficiency
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$ (55,982)
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$ (50,391)
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$ (45,331)
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(in actual units indicated, unaudited)
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Number of career employees
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508,908
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491,863
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488,300
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3.5%
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0.7%
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Number of non-career employees
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130,881
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129,974
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129,577
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0.7%
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0.3%
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Mail volume (pieces in millions)
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154,323
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154,322
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155,532
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0.0%
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(0.8)%
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New delivery points served
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1,142,352
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1,059,852
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971,543
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7.8%
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9.1%
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Note: Numbers for certain mail categories for the years FY2016, FY2015 and FY2014 have been reclassified subsequent to the Postal Service’s filing its Form 10-K with the PRC on November 15, 2016; therefore slight differences from the 10-K exist, which the Postal Service considers immaterial for financial reporting purposes. The reclassifications did not impact Total Operating Revenue amount.
The United States Postal Service has been connecting people and communities, binding the nation together, for more than 240 years. Our mission — established by law and solidified in our commitment to our customers — is to provide reliable, efficient, trusted and affordable service to connect America and help businesses grow.
As the nation has evolved, so have we. We’ve always been a leader in adopting the newest technologies, from automation to barcodes to augmented reality. We view advances in technology not as disruptive — but as an advantage. If they help us deliver better service to our customers, we’re there.
And we’re making sure we’ll always be there for you.
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