XML 28 R33.htm IDEA: XBRL DOCUMENT
v3.2.0.727

Description of Business and Summary of Significant Accounting Policies (Tables) | 12 Months Ended
--- | ---
May. 31, 2015
Mark to Market (Tables) [Abstract] |
Impacts of All Adjustments Made to Financial Statements |
|  |  | 2014 |  | 2013
|  |  | Previously |  |  |  | Effect of |  | Previously |  |  |  | Effect of
|  |  | Reported |  | Adjusted |  | Change |  | Reported |  | Adjusted |  | Change
Consolidated Statements of Income |  |  |  |  |  |  |  |  |  |  |  |
Operating expenses |  |  |  |  |  |  |  |  |  |  |  |
| Salaries and employee benefits | $ | 16,555 | $ | 16,171 | $ | (384) | $ | 16,570 | $ | 16,055 | $ | (515)
| Retirement plans MTM adjustment |  | - |  | 15 |  | 15 |  | - |  | (1,368) |  | (1,368)
Operating Income |  | 3,446 |  | 3,815 |  | 369 |  | 2,551 |  | 4,434 |  | 1,883
Income Before Income Taxes |  | 3,289 |  | 3,658 |  | 369 |  | 2,455 |  | 4,338 |  | 1,883
Provision for Income Taxes |  | 1,192 |  | 1,334 |  | 142 |  | 894 |  | 1,622 |  | 728
Net Income |  | 2,097 |  | 2,324 |  | 227 |  | 1,561 |  | 2,716 |  | 1,155
Basic Earnings per Common Share |  | 6.82 |  | 7.56 |  | 0.74 |  | 4.95 |  | 8.61 |  | 3.66
Diluted Earnings per Common Share |  | 6.75 |  | 7.48 |  | 0.73 |  | 4.91 |  | 8.55 |  | 3.64
Consolidated Statements of |  |  |  |  |  |  |  |  |  |  |  |
| Comprehensive Income |  |  |  |  |  |  |  |  |  |  |  |
Net Income |  | 2,097 |  | 2,324 |  | 227 |  | 1,561 |  | 2,716 |  | 1,155
Amortization of prior service credit and |  |  |  |  |  |  |  |  |  |  |  |
| other, net of tax |  | 151 |  | (76) |  | (227) |  | 1,092 |  | (63) |  | (1,155)
Consolidated Balance Sheets |  |  |  |  |  |  |  |  |  |  |  |
Retained Earnings |  | 20,429 |  | 16,229 |  | (4,200) |  | 18,519 |  | 14,092 |  | (4,427)
Accumulated other comprehensive income (loss) |  | (3,694) |  | 506 |  | 4,200 |  | (3,820) |  | 607 |  | 4,427
Consolidated Statements of Cash Flows |  |  |  |  |  |  |  |  |  |  |  |
Operating Activities |  |  |  |  |  |  |  |  |  |  |  |
| Net Income |  | 2,097 |  | 2,324 |  | 227 |  | 1,561 |  | 2,716 |  | 1,155
| Deferred income taxes and other noncash items |  | 581 |  | 339 |  | (242) |  | 521 |  | 734 |  | 213
| Retirement plans MTM adjustment |  | - |  | 15 |  | 15 |  | - |  | (1,368) |  | (1,368)
Property And Equipment (Tables) [Abstract] |
Schedule of Depreciable Lives and Net Book Value of Property and Equipment |
|  |  | Net Book Value at May 31,
| Range |  | 2015 |  | 2014
Wide-body aircraft and related equipment | 15 to 30 years |  | $ | 7,548 |  | $ | 7,223
Narrow-body and feeder aircraft and related equipment | 5 to 18 years |  |  | 2,943 |  |  | 2,639
Package handling and ground support equipment | 3 to 30 years |  |  | 2,410 |  |  | 2,024
Vehicles | 3 to 15 years |  |  | 2,717 |  |  | 2,615
Computer and electronic equipment | 2 to 10 years |  |  | 866 |  |  | 923
Facilities and other | 2 to 40 years |  |  | 4,391 |  |  | 4,126

X
- References No definition available. + Details
Name: | fdx_MarktoMarketTablesAbstract
Namespace Prefix: | fdx_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Schedule representing depreciable lives and net book value of property and equipment for the entity. + References No definition available. + Details
Name: | fdx_PropertyAndEquipmentTableTextBlock
Namespace Prefix: | fdx_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | fdx_PropertyAndEquipmentTablesAbstract
Namespace Prefix: | fdx_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of prior period adjustments to previously issued financial statements including (1) the effect of the correction on each financial statement line item and any per-share amounts affected for each prior period presented (2) the cumulative effect of the change on retained earnings or other appropriate components of equity or net assets in the statement of financial position, as of the beginning of the earliest period presented, and (3) the effect of the prior period adjustments (both gross and net of applicable income tax) on the net income of each prior period presented in the entity's annual report for the year in which the adjustments are made. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=28359718&loc=d3e22663-107794 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=28359718&loc=d3e22644-107794 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=28359718&loc=d3e22658-107794 + Details
Name: | us-gaap_ScheduleOfErrorCorrectionsAndPriorPeriodAdjustmentsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration