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v3.3.1.900

Condensed Consolidated Statements of Income - USD ($) $ in Millions | 3 Months Ended | 9 Months Ended
--- | --- | ---
Feb. 29, 2016 | Feb. 28, 2015 | Feb. 29, 2016 | Feb. 28, 2015
Condensed Consolidated Statements of Income |  |  |  |
REVENUES | $ 12,654 | $ 11,716 | $ 37,386 | $ 35,339
OPERATING EXPENSES: |  |  |  |
Salaries and employee benefits | 4,712 | 4,335 | 13,807 | 12,678
Purchased transportation | 2,623 | 2,165 | 7,505 | 6,404
Rentals and landing fees | 744 | 686 | 2,121 | 2,009
Depreciation and amortization | 663 | 652 | 1,964 | 1,954
Fuel | 537 | 810 | 1,864 | 2,982
Maintenance and repairs | 504 | 505 | 1,581 | 1,604
Other | 2,007 | 1,525 | 5,399 | 4,520
OPERATING EXPENSES | 11,790 | 10,678 | 34,241 | 32,151
OPERATING INCOME | 864 | 1,038 | 3,145 | 3,188
OTHER INCOME (EXPENSE): |  |  |  |
Interest, net | (81) | (58) | (218) | (153)
Other, net | (1) | 5 | (6) | 8
OTHER INCOME (EXPENSE) | (82) | (53) | (224) | (145)
INCOME BEFORE INCOME TAXES | 782 | 985 | 2,921 | 3,043
PROVISION FOR INCOME TAXES | 275 | 357 | 1,031 | 1,099
NET INCOME | $ 507 | $ 628 | $ 1,890 | $ 1,944
EARNINGS PER COMMON SHARE: |  |  |  |
Basic | $ 1.86 | $ 2.21 | $ 6.79 | $ 6.85
Diluted | 1.84 | 2.18 | 6.71 | 6.75
DIVIDENDS DECLARED PER COMMON SHARE | $ 0.25 | $ 0.20 | $ 1.00 | $ 0.80

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