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 $ 11,839us-gaap_Revenues $ 11,301us-gaap_Revenues $ 11,403us-gaap_Revenues $ 11,024us-gaap_Revenues $ 11,435us-gaap_Revenues $ 10,953us-gaap_Revenues $ 11,107us-gaap_Revenues $ 10,792us-gaap_Revenues $ 45,567us-gaap_Revenues $ 44,287us-gaap_Revenues $ 42,680us-gaap_Revenues
Operating income 1,183us-gaap_OperatingIncomeLoss 641us-gaap_OperatingIncomeLoss 827us-gaap_OperatingIncomeLoss 795us-gaap_OperatingIncomeLoss 502us-gaap_OperatingIncomeLoss [1] 589us-gaap_OperatingIncomeLoss [1] 718us-gaap_OperatingIncomeLoss [1] 742us-gaap_OperatingIncomeLoss 3,446us-gaap_OperatingIncomeLoss 2,551us-gaap_OperatingIncomeLoss 3,186us-gaap_OperatingIncomeLoss
Net income 730us-gaap_NetIncomeLoss 378us-gaap_NetIncomeLoss 500us-gaap_NetIncomeLoss 489us-gaap_NetIncomeLoss 303us-gaap_NetIncomeLoss [1] 361us-gaap_NetIncomeLoss [1] 438us-gaap_NetIncomeLoss [1] 459us-gaap_NetIncomeLoss 2,097us-gaap_NetIncomeLoss 1,561us-gaap_NetIncomeLoss 2,032us-gaap_NetIncomeLoss
Basic earnings per common share $ 2.49us-gaap_EarningsPerShareBasic [2] $ 1.24us-gaap_EarningsPerShareBasic [2] $ 1.58us-gaap_EarningsPerShareBasic [2] $ 1.54us-gaap_EarningsPerShareBasic [2] $ 0.96us-gaap_EarningsPerShareBasic [2] $ 1.14us-gaap_EarningsPerShareBasic [1],[2] $ 1.39us-gaap_EarningsPerShareBasic [1],[2] $ 1.46us-gaap_EarningsPerShareBasic [1],[2] $ 6.82us-gaap_EarningsPerShareBasic $ 4.95us-gaap_EarningsPerShareBasic $ 6.44us-gaap_EarningsPerShareBasic
Diluted earnings per common share $ 2.46us-gaap_EarningsPerShareDiluted [2] $ 1.23us-gaap_EarningsPerShareDiluted [2] $ 1.57us-gaap_EarningsPerShareDiluted [2] $ 1.53us-gaap_EarningsPerShareDiluted [2] $ 0.95us-gaap_EarningsPerShareDiluted [2] $ 1.13us-gaap_EarningsPerShareDiluted [1],[2] $ 1.39us-gaap_EarningsPerShareDiluted [1],[2] $ 1.45us-gaap_EarningsPerShareDiluted [1],[2] $ 6.75us-gaap_EarningsPerShareDiluted $ 4.91us-gaap_EarningsPerShareDiluted $ 6.41us-gaap_EarningsPerShareDiluted
Selected Quarterly Financial Information Special Items [Abstract]                      
Business Realignment Costs         496fdx_BusinessRealignmentCosts 47fdx_BusinessRealignmentCosts 13fdx_BusinessRealignmentCosts     560fdx_BusinessRealignmentCosts  
Asset Impairment Charges         $ 100us-gaap_AssetImpairmentCharges            
Number Of Impaired Aircraft         10fdx_NumberOfImpairedAircraft         10fdx_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.