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v2.4.1.9

Condensed Consolidated Statements of Income (USD $) In Millions, except Per Share data, unless otherwise specified | 3 Months Ended | 6 Months Ended
--- | --- | ---
Nov. 30, 2014 | Nov. 30, 2013 | Nov. 30, 2014 | Nov. 30, 2013
Condensed Consolidated Statements of Income |  |  |  |
REVENUES | $ 11,939 us-gaap_Revenues | $ 11,403 us-gaap_Revenues | $ 23,623 us-gaap_Revenues | $ 22,427 us-gaap_Revenues
OPERATING EXPENSES: |  |  |  |
Salaries and employee benefits | 4,304 us-gaap_LaborAndRelatedExpense | 4,148 us-gaap_LaborAndRelatedExpense | 8,493 us-gaap_LaborAndRelatedExpense | 8,225 us-gaap_LaborAndRelatedExpense
Purchased transportation | 2,185 fdx_PurchasedTransportation | 2,040 fdx_PurchasedTransportation | 4,239 fdx_PurchasedTransportation | 3,919 fdx_PurchasedTransportation
Rentals and landing fees | 663 fdx_RentalsAndLandingFees | 648 fdx_RentalsAndLandingFees | 1,323 fdx_RentalsAndLandingFees | 1,288 fdx_RentalsAndLandingFees
Depreciation and amortization | 651 us-gaap_DepreciationDepletionAndAmortization | 647 us-gaap_DepreciationDepletionAndAmortization | 1,302 us-gaap_DepreciationDepletionAndAmortization | 1,286 us-gaap_DepreciationDepletionAndAmortization
Fuel | 1,052 us-gaap_FuelCosts | 1,136 us-gaap_FuelCosts | 2,172 us-gaap_FuelCosts | 2,240 us-gaap_FuelCosts
Maintenance and repairs | 543 us-gaap_CostOfPropertyRepairsAndMaintenance | 479 us-gaap_CostOfPropertyRepairsAndMaintenance | 1,099 us-gaap_CostOfPropertyRepairsAndMaintenance | 959 us-gaap_CostOfPropertyRepairsAndMaintenance
Other | 1,528 us-gaap_OtherCostAndExpenseOperating | 1,478 us-gaap_OtherCostAndExpenseOperating | 2,995 us-gaap_OtherCostAndExpenseOperating | 2,888 us-gaap_OtherCostAndExpenseOperating
OPERATING EXPENSES | 10,926 us-gaap_OperatingExpenses | 10,576 us-gaap_OperatingExpenses | 21,623 us-gaap_OperatingExpenses | 20,805 us-gaap_OperatingExpenses
OPERATING INCOME | 1,013 us-gaap_OperatingIncomeLoss | 827 us-gaap_OperatingIncomeLoss | 2,000 us-gaap_OperatingIncomeLoss | 1,622 us-gaap_OperatingIncomeLoss
OTHER INCOME (EXPENSE): |  |  |  |
Interest, net | (47)us-gaap_InterestIncomeExpenseNonoperatingNet | (30)us-gaap_InterestIncomeExpenseNonoperatingNet | (95)us-gaap_InterestIncomeExpenseNonoperatingNet | (57)us-gaap_InterestIncomeExpenseNonoperatingNet
Other, net | 5 us-gaap_OtherNonoperatingIncomeExpense | (5)us-gaap_OtherNonoperatingIncomeExpense | 3 us-gaap_OtherNonoperatingIncomeExpense | (7)us-gaap_OtherNonoperatingIncomeExpense
OTHER INCOME (EXPENSE) | (42)us-gaap_NonoperatingIncomeExpense | (35)us-gaap_NonoperatingIncomeExpense | (92)us-gaap_NonoperatingIncomeExpense | (64)us-gaap_NonoperatingIncomeExpense
INCOME BEFORE INCOME TAXES | 971 us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments | 792 us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments | 1,908 us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments | 1,558 us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
PROVISION FOR INCOME TAXES | 355 us-gaap_IncomeTaxExpenseBenefit | 292 us-gaap_IncomeTaxExpenseBenefit | 686 us-gaap_IncomeTaxExpenseBenefit | 569 us-gaap_IncomeTaxExpenseBenefit
NET INCOME | $ 616 us-gaap_NetIncomeLoss | $ 500 us-gaap_NetIncomeLoss | $ 1,222 us-gaap_NetIncomeLoss | $ 989 us-gaap_NetIncomeLoss
EARNINGS PER COMMON SHARE: |  |  |  |
Basic | $ 2.17 us-gaap_EarningsPerShareBasic | $ 1.58 us-gaap_EarningsPerShareBasic | $ 4.30 us-gaap_EarningsPerShareBasic | $ 3.13 us-gaap_EarningsPerShareBasic
Diluted | $ 2.14 us-gaap_EarningsPerShareDiluted | $ 1.57 us-gaap_EarningsPerShareDiluted | $ 4.24 us-gaap_EarningsPerShareDiluted | $ 3.10 us-gaap_EarningsPerShareDiluted
DIVIDENDS DECLARED PER COMMON SHARE | $ 0.20 us-gaap_CommonStockDividendsPerShareDeclared | $ 0.15 us-gaap_CommonStockDividendsPerShareDeclared | $ 0.60 us-gaap_CommonStockDividendsPerShareDeclared | $ 0.45 us-gaap_CommonStockDividendsPerShareDeclared

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