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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 | 9 Months Ended
--- | --- | ---
Feb. 28, 2015 | Feb. 28, 2014 | Feb. 28, 2015 | Feb. 28, 2014
Condensed Consolidated Statements of Income |  |  |  |
REVENUES | $ 11,716 us-gaap_Revenues | $ 11,301 us-gaap_Revenues | $ 35,339 us-gaap_Revenues | $ 33,728 us-gaap_Revenues
OPERATING EXPENSES: |  |  |  |
Salaries and employee benefits | 4,411 us-gaap_LaborAndRelatedExpense | 4,167 us-gaap_LaborAndRelatedExpense | 12,904 us-gaap_LaborAndRelatedExpense | 12,392 us-gaap_LaborAndRelatedExpense
Purchased transportation | 2,165 fdx_PurchasedTransportation | 2,063 fdx_PurchasedTransportation | 6,404 fdx_PurchasedTransportation | 5,982 fdx_PurchasedTransportation
Rentals and landing fees | 686 fdx_RentalsAndLandingFees | 662 fdx_RentalsAndLandingFees | 2,009 fdx_RentalsAndLandingFees | 1,950 fdx_RentalsAndLandingFees
Depreciation and amortization | 652 us-gaap_DepreciationDepletionAndAmortization | 652 us-gaap_DepreciationDepletionAndAmortization | 1,954 us-gaap_DepreciationDepletionAndAmortization | 1,938 us-gaap_DepreciationDepletionAndAmortization
Fuel | 810 us-gaap_FuelCosts | 1,163 us-gaap_FuelCosts | 2,982 us-gaap_FuelCosts | 3,403 us-gaap_FuelCosts
Maintenance and repairs | 505 us-gaap_CostOfPropertyRepairsAndMaintenance | 438 us-gaap_CostOfPropertyRepairsAndMaintenance | 1,604 us-gaap_CostOfPropertyRepairsAndMaintenance | 1,397 us-gaap_CostOfPropertyRepairsAndMaintenance
Other | 1,525 us-gaap_OtherCostAndExpenseOperating | 1,515 us-gaap_OtherCostAndExpenseOperating | 4,520 us-gaap_OtherCostAndExpenseOperating | 4,403 us-gaap_OtherCostAndExpenseOperating
OPERATING EXPENSES | 10,754 us-gaap_OperatingExpenses | 10,660 us-gaap_OperatingExpenses | 32,377 us-gaap_OperatingExpenses | 31,465 us-gaap_OperatingExpenses
OPERATING INCOME | 962 us-gaap_OperatingIncomeLoss | 641 us-gaap_OperatingIncomeLoss | 2,962 us-gaap_OperatingIncomeLoss | 2,263 us-gaap_OperatingIncomeLoss
OTHER INCOME (EXPENSE): |  |  |  |
Interest, net | (58)us-gaap_InterestIncomeExpenseNonoperatingNet | (38)us-gaap_InterestIncomeExpenseNonoperatingNet | (153)us-gaap_InterestIncomeExpenseNonoperatingNet | (95)us-gaap_InterestIncomeExpenseNonoperatingNet
Other, net | 5 us-gaap_OtherNonoperatingIncomeExpense | (9)us-gaap_OtherNonoperatingIncomeExpense | 8 us-gaap_OtherNonoperatingIncomeExpense | (16)us-gaap_OtherNonoperatingIncomeExpense
OTHER INCOME (EXPENSE) | (53)us-gaap_NonoperatingIncomeExpense | (47)us-gaap_NonoperatingIncomeExpense | (145)us-gaap_NonoperatingIncomeExpense | (111)us-gaap_NonoperatingIncomeExpense
INCOME BEFORE INCOME TAXES | 909 us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments | 594 us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments | 2,817 us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments | 2,152 us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
PROVISION FOR INCOME TAXES | 329 us-gaap_IncomeTaxExpenseBenefit | 216 us-gaap_IncomeTaxExpenseBenefit | 1,015 us-gaap_IncomeTaxExpenseBenefit | 785 us-gaap_IncomeTaxExpenseBenefit
NET INCOME | $ 580 us-gaap_NetIncomeLoss | $ 378 us-gaap_NetIncomeLoss | $ 1,802 us-gaap_NetIncomeLoss | $ 1,367 us-gaap_NetIncomeLoss
EARNINGS PER COMMON SHARE: |  |  |  |
Basic | $ 2.05 us-gaap_EarningsPerShareBasic | $ 1.24 us-gaap_EarningsPerShareBasic | $ 6.34 us-gaap_EarningsPerShareBasic | $ 4.38 us-gaap_EarningsPerShareBasic
Diluted | $ 2.01 us-gaap_EarningsPerShareDiluted | $ 1.23 us-gaap_EarningsPerShareDiluted | $ 6.25 us-gaap_EarningsPerShareDiluted | $ 4.34 us-gaap_EarningsPerShareDiluted
DIVIDENDS DECLARED PER COMMON SHARE | $ 0.20 us-gaap_CommonStockDividendsPerShareDeclared | $ 0.15 us-gaap_CommonStockDividendsPerShareDeclared | $ 0.80 us-gaap_CommonStockDividendsPerShareDeclared | $ 0.60 us-gaap_CommonStockDividendsPerShareDeclared

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