XML 60 R31.htm IDEA: XBRL DOCUMENT v3.10.0.1
Valuation and Qualifying Accounts
 12 Months Ended
May 31, 2018
Valuation And Qualifying Accounts [Abstract]  
Schedule Of Valuation And Qualifying Accounts

SCHEDULE II

FEDEX CORPORATION

VALUATION AND QUALIFYING ACCOUNTS

FOR THE YEARS ENDED MAY 31, 2018, 2017 AND 2016

(IN MILLIONS)

 

 

 

 

 

 

 

ADDITIONS

 

 

 

 

 

 

 

 

 

DESCRIPTION

 

BALANCE

AT

BEGINNING

OF YEAR

 

 

CHARGED

TO

EXPENSES

 

 

CHARGED

TO

OTHER

ACCOUNTS

 

 

DEDUCTIONS

 

 

BALANCE

AT

END OF

YEAR

 

Accounts Receivable Reserves:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Allowance for Doubtful Accounts

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2018

 

$

115

 

 

$

246

 

 

$

—

 

 

$

162

 

(a)

$

199

 

2017

 

 

73

 

 

 

136

 

 

 

—

 

 

 

94

 

(a)

 

115

 

2016

 

 

86

 

 

 

121

 

 

 

—

 

 

134

 

(a)

 

73

 

Allowance for Revenue Adjustments

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2018

 

$

137

 

 

$

—

 

 

$

1,173

 

(b)

$

1,108

 

(c)

$

202

 

2017

 

 

105

 

 

 

—

 

 

 

941

 

(b)

 

909

 

(c)

 

137

 

2016

 

 

99

 

 

 

—

 

 

692

 

(b)

686

 

(c)

 

105

 

Inventory Valuation Allowance:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2018

 

$

237

 

 

$

27

 

 

$

6

 

 

$

2

 

 

$

268

 

2017

 

 

218

 

 

 

26

 

 

 

—

 

 

 

7

 

 

 

237

 

2016

 

 

207

 

 

 

26

 

 

 

—

 

 

 

15

 

 

 

218

 

(a)

Uncollectible accounts written off, net of recoveries, and other adjustments.

(b)

Principally charged against revenue.

(c)

Service failures, rebills and other.