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Recent Accounting Guidance - Additional Information (Details) - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
May 31, 2018
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
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]                      
Income tax benefit of intra-entity transfers of assets other than inventory                 $ 219 $ (1,582) $ (920)
Operating income $ 1,490 [1] $ 1,001 $ 1,262 $ 1,117 $ 1,581 $ 1,025 $ 1,167 $ 1,264 4,870 [3] 5,037 [4] $ 3,077 [5]
Lease liability and related right-of-use asset 13,000               13,000    
ASU 201616 [Member]                      
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]                      
Income tax benefit of intra-entity transfers of assets other than inventory 50                    
Cumulative effect on adjustment to retained earnings $ 14                    
ASU 201703 [Member]                      
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]                      
Operating income                 $ 598 $ 471  
[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] 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.
[4] 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.
[5] 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.