XML 65 R96.htm IDEA: XBRL DOCUMENT
v2.4.1.9

Summary of Quarterly Operating Results (Unaudited) (Details) (USD $) In Millions, except Per Share data, unless otherwise specified | 3 Months Ended | 12 Months Ended
--- | --- | ---
May 31, 2014 | Feb. 28, 2014 | Nov. 30, 2013 | Aug. 31, 2013 | May 31, 2013 | Feb. 28, 2013 | Nov. 30, 2012 | Aug. 31, 2012 | May 31, 2014 | May 31, 2013 | May 31, 2012
Selected Quarterly Financial Information [Abstract] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Revenues | $ 11,839 us-gaap_Revenues |  | $ 11,301 us-gaap_Revenues |  | $ 11,403 us-gaap_Revenues |  | $ 11,024 us-gaap_Revenues |  | $ 11,435 us-gaap_Revenues |  | $ 10,953 us-gaap_Revenues |  | $ 11,107 us-gaap_Revenues |  | $ 10,792 us-gaap_Revenues |  | $ 45,567 us-gaap_Revenues | $ 44,287 us-gaap_Revenues | $ 42,680 us-gaap_Revenues
Operating income | 1,183 us-gaap_OperatingIncomeLoss |  | 641 us-gaap_OperatingIncomeLoss |  | 827 us-gaap_OperatingIncomeLoss |  | 795 us-gaap_OperatingIncomeLoss |  | 502 us-gaap_OperatingIncomeLoss | [1] | 589 us-gaap_OperatingIncomeLoss | [1] | 718 us-gaap_OperatingIncomeLoss | [1] | 742 us-gaap_OperatingIncomeLoss |  | 3,446 us-gaap_OperatingIncomeLoss | 2,551 us-gaap_OperatingIncomeLoss | 3,186 us-gaap_OperatingIncomeLoss
Net income | 730 us-gaap_NetIncomeLoss |  | 378 us-gaap_NetIncomeLoss |  | 500 us-gaap_NetIncomeLoss |  | 489 us-gaap_NetIncomeLoss |  | 303 us-gaap_NetIncomeLoss | [1] | 361 us-gaap_NetIncomeLoss | [1] | 438 us-gaap_NetIncomeLoss | [1] | 459 us-gaap_NetIncomeLoss |  | 2,097 us-gaap_NetIncomeLoss | 1,561 us-gaap_NetIncomeLoss | 2,032 us-gaap_NetIncomeLoss
Basic earnings per common share | $ 2.49 us-gaap_EarningsPerShareBasic | [2] | $ 1.24 us-gaap_EarningsPerShareBasic | [2] | $ 1.58 us-gaap_EarningsPerShareBasic | [2] | $ 1.54 us-gaap_EarningsPerShareBasic | [2] | $ 0.96 us-gaap_EarningsPerShareBasic | [2] | $ 1.14 us-gaap_EarningsPerShareBasic | [1],[2] | $ 1.39 us-gaap_EarningsPerShareBasic | [1],[2] | $ 1.46 us-gaap_EarningsPerShareBasic | [1],[2] | $ 6.82 us-gaap_EarningsPerShareBasic | $ 4.95 us-gaap_EarningsPerShareBasic | $ 6.44 us-gaap_EarningsPerShareBasic
Diluted earnings per common share | $ 2.46 us-gaap_EarningsPerShareDiluted | [2] | $ 1.23 us-gaap_EarningsPerShareDiluted | [2] | $ 1.57 us-gaap_EarningsPerShareDiluted | [2] | $ 1.53 us-gaap_EarningsPerShareDiluted | [2] | $ 0.95 us-gaap_EarningsPerShareDiluted | [2] | $ 1.13 us-gaap_EarningsPerShareDiluted | [1],[2] | $ 1.39 us-gaap_EarningsPerShareDiluted | [1],[2] | $ 1.45 us-gaap_EarningsPerShareDiluted | [1],[2] | $ 6.75 us-gaap_EarningsPerShareDiluted | $ 4.91 us-gaap_EarningsPerShareDiluted | $ 6.41 us-gaap_EarningsPerShareDiluted
Selected Quarterly Financial Information Special Items [Abstract] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Business Realignment Costs |  |  |  |  |  |  |  |  | 496 fdx_BusinessRealignmentCosts |  | 47 fdx_BusinessRealignmentCosts |  | 13 fdx_BusinessRealignmentCosts |  |  |  |  | 560 fdx_BusinessRealignmentCosts |
Asset Impairment Charges |  |  |  |  |  |  |  |  | $ 100 us-gaap_AssetImpairmentCharges |  |  |  |  |  |  |  |  |  |
Number Of Impaired Aircraft |  |  |  |  |  |  |  |  | 10 fdx_NumberOfImpairedAircraft |  |  |  |  |  |  |  |  | 10 fdx_NumberOfImpairedAircraft |
[1] | The fourth quarter of 2013 includes $496 million of business realignment costs and an impairment charge of $100 million resulting from the decision to retire 10 aircraft and related engines at FedEx Express. The third quarter of 2013 includes $47 million of business realignment costs. The second quarter of 2013 includes $13 million of business realignment costs.
[2] | The sum of the quarterly earnings per share may not equal annual amounts due to differences in the weighted-average number of shares outstanding during the respective periods.

X
- Definition Amount charged against earnings in the period for incurred and estimated costs associated with business realignment activities, such as voluntary severance costs and external professional fees, pursuant to a duly authorized plan. + References No definition available. + Details
Name: | fdx_BusinessRealignmentCosts
Namespace Prefix: | fdx_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition The total number of aircraft for which the write-downs for impairments were recognized during the period. + References No definition available. + Details
Name: | fdx_NumberOfImpairedAircraft
Namespace Prefix: | fdx_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | instant

X
- Details
Name: | fdx_SelectedQuarterlyFinancialInformationSpecialItemsAbstract
Namespace Prefix: | fdx_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount of write-down of assets recognized in the income statement. Includes, but is not limited to, losses from tangible assets, intangible assets and goodwill. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 28 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=31042434&loc=d3e3602-108585 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 45 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=8077374&loc=d3e2420-110228 + Details
Name: | us-gaap_AssetImpairmentCharges
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=7655603&loc=d3e1252-109256 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 55 -Paragraph 52 -URI http://asc.fasb.org/extlink&oid=32703322&loc=d3e4984-109258 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.21) -URI http://asc.fasb.org/extlink&oid=26872669&loc=d3e20235-122688 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 225 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04.19) -URI http://asc.fasb.org/extlink&oid=6879464&loc=d3e573970-122913 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 225 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04.23) -URI http://asc.fasb.org/extlink&oid=6879574&loc=d3e536633-122882 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 04 -Paragraph 18 -Article 7 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 03 -Paragraph 20 -Article 5 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 04 -Paragraph 21 -Article 9 + Details
Name: | us-gaap_EarningsPerShareBasic
Namespace Prefix: | us-gaap_
Data Type: | num:perShareItemType
Balance Type: | na
Period Type: | duration

X
- Definition The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=7655603&loc=d3e1252-109256 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.21) -URI http://asc.fasb.org/extlink&oid=26872669&loc=d3e20235-122688 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 04 -Paragraph 18 -Article 7 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 03 -Paragraph 20 -Article 5 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 04 -Paragraph 21 -Article 9 + Details
Name: | us-gaap_EarningsPerShareDiluted
Namespace Prefix: | us-gaap_
Data Type: | num:perShareItemType
Balance Type: | na
Period Type: | duration

X
- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 04 -Paragraph 20 -Article 9 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 28 -URI http://asc.fasb.org/extlink&oid=31042434&loc=d3e3602-108585 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Glossary Other Comprehensive Income -URI http://asc.fasb.org/extlink&oid=6519514 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Glossary Net Income -URI http://asc.fasb.org/extlink&oid=6518256 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 225 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04.19) -URI http://asc.fasb.org/extlink&oid=6879464&loc=d3e573970-122913 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.18) -URI http://asc.fasb.org/extlink&oid=26872669&loc=d3e20235-122688 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 225 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04.22) -URI http://asc.fasb.org/extlink&oid=6879464&loc=d3e573970-122913 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=28358780&loc=d3e565-108580 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 03 -Paragraph 19 -Article 5 + Details
Name: | us-gaap_NetIncomeLoss
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition The net result for the period of deducting operating expenses from operating revenues. + References No definition available. + Details
Name: | us-gaap_OperatingIncomeLoss
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.1) -URI http://asc.fasb.org/extlink&oid=26872669&loc=d3e20235-122688 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 03 -Paragraph 1 -Article 5 + Details
Name: | us-gaap_Revenues
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Details
Name: | us-gaap_SelectedQuarterlyFinancialInformationAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration