United Parcel Service provides parcel delivery services around the world. The following table shows the various revenue sources for the comparative years ended December 31, 2004 and 2003:

1. Provide a horizontal analysis of UPS revenues.
2. Why is the total percentage change not equal to the sum of the percentage changes for each of the major subcategories (U.S. domestic, international, and non-package)?
3. Interpret the horizontalanalysis.

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2004 2003 Revenue (in millions): U.S. domestic package: Next Day Air Two-to-Three Day Air Ground $ 5,580 2,982 16,460 $26,610$25,022 6,040 3,161 17,409 Total U.S. domestic package International package: 1,134 $ 6762 5561 5 3210 2902 Domestic Export Cargo 1,346 4,944 472 4,001 426 Total international package Non-package: UPS Supply Chain Solutions (consulting services) Other s 2,346 864 2,126 776 Total non-package Total 36,582 33,485