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Business Segment Information (Tables) | 12 Months Ended
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May 31, 2016
Business Segment Information (Tables) [Abstract] |
Schedule of Segment Information |
|  | FedEx Express Segment(1) |  | FedEx Ground Segment |  | FedEx Freight Segment |  | FedEx Services Segment |  | Eliminations, corporate and other(2) (3) |  | Consolidated Total
Revenues |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
2016 | $ | 26,451 |  | $ | 16,574 |  | $ | 6,200 |  | $ | 1,593 |  | $ | (453) |  | $ | 50,365
2015 |  | 27,239 |  |  | 12,984 |  |  | 6,191 |  |  | 1,545 |  |  | (506) |  |  | 47,453
2014 |  | 27,121 |  |  | 11,617 |  |  | 5,757 |  |  | 1,536 |  |  | (464) |  |  | 45,567
Depreciation and amortization |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
2016 | $ | 1,385 |  | $ | 608 |  | $ | 248 |  | $ | 384 |  | $ | 6 |  | $ | 2,631
2015 |  | 1,460 |  |  | 530 |  |  | 230 |  |  | 390 |  |  | 1 |  |  | 2,611
2014 |  | 1,488 |  |  | 468 |  |  | 231 |  |  | 399 |  |  | 1 |  |  | 2,587
Operating income |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
2016 | $ | 2,519 |  | $ | 2,276 |  | $ | 426 |  | $ | - |  | $ | (2,144) |  | $ | 3,077
2015 |  | 1,584 |  |  | 2,172 |  |  | 484 |  |  | - |  |  | (2,373) |  |  | 1,867
2014 |  | 1,428 |  |  | 2,021 |  |  | 351 |  |  | - |  |  | 15 |  |  | 3,815
Segment assets(4) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
2016 | $ | 21,207 |  | $ | 13,098 |  | $ | 3,749 |  | $ | 5,390 |  | $ | 2,620 |  | $ | 46,064
2015 |  | 20,382 |  |  | 11,691 |  |  | 3,471 |  |  | 5,356 |  |  | (4,369) |  |  | 36,531
2014 |  | 19,901 |  |  | 8,466 |  |  | 3,216 |  |  | 5,186 |  |  | (3,699) |  |  | 33,070
(1) | FedEx Express segment 2015 operating income includes $276 million of impairment and related charges resulting from the decision to permanently retire and adjust the retirement schedule of certain aircraft and related engines.
(2) | Operating income includes a loss of $1.5 billion in 2016, $2.2 billion in 2015 and $15 million in 2014 associated with our mark-to-market pension accounting. Operating income in 2016 includes provisions for the settlement of and expected losses related to independent contractor litigation matters at FedEx Ground for $256 million and expenses related to the settlement of a CBP notice of action in the amount of $69 million, in each case net of recognized immaterial insurance recovery. 2015 also includes a $197 million charge in the fourth quarter to increase the legal reserve associated with the settlement of a legal matter at FedEx Ground to the amount of the settlement.
(3) | Includes TNT Express’s assets and immaterial financial results from the time of acquisition (May 25, 2016).
(4) | Segment assets include intercompany receivables.
Schedule of Segment Capital Expenditures |
The following table provides a reconciliation of reportable segment capital expenditures to consolidated totals for the years ended May 31 (in millions):
|  | FedEx Express Segment |  | FedEx Ground Segment |  | FedEx Freight Segment |  | FedEx Services Segment |  | Other |  | Consolidated Total |
2016 | $ | 2,356 |  | $ | 1,597 |  | $ | 433 |  | $ | 432 |  | $ | - |  | $ | 4,818 |
2015 |  | 2,380 |  |  | 1,248 |  |  | 337 |  |  | 381 |  |  | 1 |  |  | 4,347 |
2014 |  | 1,994 |  |  | 850 |  |  | 325 |  |  | 363 |  |  | 1 |  |  | 3,533 |
Schedule of Revenue by Service Type and Geographical Information |
The following table presents revenue by service type and geographic information for the years ended or as of May 31 (in millions):
REVENUE BY SERVICE TYPE |  |  |  |  |  |  |
|  |  |  |  |  | 2016 | 2015 |  | 2014
FedEx Express segment: |  |  |  |  |  |  |
| Package: |  |  |  |  |  |  |
|  | U.S. overnight box | $ | 6,763 | $ | 6,704 |  | $ | 6,555
|  | U.S. overnight envelope |  | 1,662 |  | 1,629 |  |  | 1,636
|  | U.S. deferred |  | 3,379 |  | 3,342 |  |  | 3,188
|  |  | Total U.S. domestic package revenue |  | 11,804 |  | 11,675 |  |  | 11,379
|  | International priority |  | 5,697 |  | 6,251 |  |  | 6,451
|  | International economy |  | 2,282 |  | 2,301 |  |  | 2,229
|  |  | Total international export package revenue |  | 7,979 |  | 8,552 |  |  | 8,680
|  | International domestic(1) |  | 1,285 |  | 1,406 |  |  | 1,446
|  |  | Total package revenue |  | 21,068 |  | 21,633 |  |  | 21,505
| Freight: |  |  |  |  |  |  |
|  | U.S. |  | 2,481 |  | 2,300 |  |  | 2,355
|  | International priority |  | 1,384 |  | 1,588 |  |  | 1,594
|  | International airfreight |  | 126 |  | 180 |  |  | 205
|  |  | Total freight revenue |  | 3,991 |  | 4,068 |  |  | 4,154
| Other(2) |  | 1,392 |  | 1,538 |  |  | 1,462
|  |  | Total FedEx Express segment |  | 26,451 |  | 27,239 |  |  | 27,121
FedEx Ground segment: |  |  |  |  |  |  |
| FedEx Ground |  | 15,050 |  | 12,568 |  |  | 11,617
| GENCO |  | 1,524 |  | 416 |  |  | -
|  | Total FedEx Ground segment |  | 16,574 |  | 12,984 |  |  | 11,617
FedEx Freight segment |  | 6,200 |  | 6,191 |  |  | 5,757
FedEx Services segment |  | 1,593 |  | 1,545 |  |  | 1,536
Other and eliminations(3) |  | (453) |  | (506) |  |  | (464)
|  |  |  |  |  | $ | 50,365 | $ | 47,453 |  | $ | 45,567
GEOGRAPHICAL INFORMATION(4) |  |  |  |  |  |  |
Revenues: |  |  |  |  |  |  |
| U.S. | $ | 38,070 | $ | 34,216 |  | $ | 32,259
| International: |  |  |  |  |  |  |
|  | FedEx Express segment |  | 11,672 |  | 12,772 |  |  | 12,916
|  | FedEx Ground segment |  | 383 |  | 311 |  |  | 248
|  | FedEx Freight segment |  | 137 |  | 142 |  |  | 130
|  | FedEx Services segment |  | 10 |  | 12 |  |  | 14
|  | Other(3) |  | 93 |  | - |  |  | -
|  |  | Total international revenue |  | 12,295 |  | 13,237 |  |  | 13,308
|  |  |  |  |  | $ | 50,365 | $ | 47,453 |  | $ | 45,567
Noncurrent assets: |  |  |  |  |  |  |
| U.S. | $ | 26,047 | $ | 23,582 |  | $ | 20,658
| International |  | 8,028 |  | 2,614 |  |  | 2,729
|  |  |  |  |  | $ | 34,075 | $ | 26,196 |  | $ | 23,387
(1) | International domestic revenues represent our intra-country operations.
(2) | Includes FedEx Trade Networks and FedEx SupplyChain Systems.
(3) | Includes TNT Express’s revenue from the time of acquisition (May 25, 2016).
(4) | International revenue includes shipments that either originate in or are destined to locations outside the United States, which could include U.S. payors. Noncurrent assets include property and equipment, goodwill and other long-term assets. Our flight equipment is registered in the U.S. and is included as U.S. assets; however, many of our aircraft operate internationally.

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8906-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8813-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13816-109267 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8736-108599 + Details
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