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Summary of Quarterly Operating Results (Unaudited) (Details) - USD ($) $ / shares in Units, $ in Millions | 3 Months Ended | 12 Months Ended
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May 31, 2018 | [1] | Feb. 28, 2018 | [1] | Nov. 30, 2017 | [1] | Aug. 31, 2017 | [1] | May 31, 2017 | [2] | Feb. 28, 2017 | [2] | Nov. 30, 2016 | [2] | Aug. 31, 2016 | [2] | May 31, 2018 | May 31, 2017 | May 31, 2016
Selected Quarterly Financial Information [Abstract] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Revenues | $ 17,314 |  | $ 16,526 |  | $ 16,313 |  | $ 15,297 |  | $ 15,728 |  | $ 14,997 |  | $ 14,931 |  | $ 14,663 |  | $ 65,450 | [3] | $ 60,319 | [3] | $ 50,365 | [3]
Operating income | 1,490 |  | 1,001 |  | 1,262 |  | 1,117 |  | 1,581 |  | 1,025 |  | 1,167 |  | 1,264 |  | 4,870 | [4] | 5,037 | [5] | 3,077 | [6]
Net income | $ 1,127 | [7] | $ 2,074 | [7] | $ 775 | [7] | $ 596 | [7] | $ 1,020 |  | $ 562 |  | $ 700 |  | $ 715 |  | $ 4,572 |  | $ 2,997 |  | $ 1,820 |
Basic earnings per common share | $ 4.23 | [8] | $ 7.74 | [8] | $ 2.89 | [8] | $ 2.22 | [8] | $ 3.81 | [8] | $ 2.11 | [8] | $ 2.63 | [8] | $ 2.69 | [8] | $ 17.08 |  | $ 11.24 |  | $ 6.59 |
Diluted earnings per common share | $ 4.15 | [8] | $ 7.59 | [8] | $ 2.84 | [8] | $ 2.19 | [8] | $ 3.75 | [8] | $ 2.07 | [8] | $ 2.59 | [8] | $ 2.65 | [8] | $ 16.79 |  | $ 11.07 |  | $ 6.51 |
[1] | The fourth quarter, third quarter, second quarter and first quarter of 2018 include $136 million, $106 million, $122 million and $112 million, respectively, of TNT Express integration expenses (including any restructuring charges). The fourth quarter of 2018 includes goodwill and other asset impairment charges related to FedEx Supply Chain of $380 million and a gain of $10 million related to the annual retirement plans MTM adjustment.
[2] | The fourth quarter, third quarter, second quarter, and first quarter of 2017 include $124 million, $78 million, $58 million and $68 million, respectively, of TNT Express integration expenses and restructuring charges. The fourth quarter of 2017 includes $39 million of charges for legal reserves related to certain pending CBP matters involving FedEx Trade Networks, $22 million of charges in connection with the settlement of and certain expected losses relating to independent contractor litigation matters at FedEx Ground and $24 million related to the retirement plans MTM gain.
[3] | 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.
[4] | Includes TNT Express integration expenses and restructuring charges of $477 million and a gain of $10 million associated with our annual MTM retirement plans accounting adjustment. These expenses are included in “Corporate, other and eliminations” and the FedEx Express segment. Also includes goodwill and other asset impairment charges of $380 million.
[5] | Includes TNT Express integration expenses and restructuring charges of $327 million and a gain of $24 million associated with our MTM retirement plans accounting. These expenses are included in “Corporate, other and eliminations” and the FedEx Express segment. Also includes $39 million of charges for legal reserves related to certain pending U.S. Customs and Border Protection (“CBP”) matters involving FedEx Trade Networks and $22 million of charges in connection with the settlement of and certain expected losses relating to independent contractor litigation matters at FedEx Ground. See Note 18 below for additional information.
[6] | Includes a $1.5 billion loss associated with our MTM retirement plans accounting. Also 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 involving FedEx Trade Networks in the amount of $69 million, in each case net of recognized immaterial insurance recovery, and transaction and integration-planning expenses related to our TNT Express acquisition of $113 million.
[7] | The fourth quarter of 2018 includes a $255 million net tax benefit from corporate structuring transactions as part of the ongoing integration of FedEx Express and TNT Express. The fourth quarter, third quarter, and second quarter of 2018 include $133 million, $12 million, and $80 million, respectively, of tax benefits from foreign tax credits associated with distributions to the U.S. from foreign operations. The fourth quarter and third quarter of 2018 include $100 million and $165 million, respectively, of tax benefits related to a lower statutory income tax rate on fiscal 2018 earnings. In addition, the third quarter of 2018 includes the following TCJA-related items: a provisional benefit of $1.15 billion related to the remeasurement of our net U.S. deferred tax liability and a one-time benefit of $204 million from a $1.5 billion contribution to our U.S. Pension Plans.
[8] | 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.

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