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Goodwill and Other Intangible Assets (Tables) | 12 Months Ended
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May 31, 2019
Goodwill And Other Intangible Assets Tables [Abstract] |
Schedule Of Goodwill | The carrying amount of goodwill attributable to each reportable operating segment and changes therein are as follows (in millions):
|  | FedEx Express Segment |  |  | FedEx Ground Segment |  |  | FedEx Freight Segment |  |  | FedEx Services Segment |  |  | Corporate, Other and Eliminations |  |  | Total |
Goodwill at May 31, 2017 |  | $ | 4,953 |  |  | $ | 827 |  |  | $ | 764 |  |  | $ | 1,525 |  |  | $ | 395 |  |  | $ | 8,464 |
Accumulated impairment charges |  |  | — |  |  |  | — |  |  |  | (133 | ) |  |  | (1,177 | ) |  |  | — |  |  |  | (1,310 | )
Balance as of May 31, 2017 |  |  | 4,953 |  |  |  | 827 |  |  |  | 631 |  |  |  | 348 |  |  |  | 395 |  |  |  | 7,154 |
Goodwill acquired(1) |  |  | 76 |  |  |  | 14 |  |  |  | 3 |  |  |  | — |  |  |  | 32 |  |  |  | 125 |
Purchase adjustments and other(2) |  |  | 71 |  |  |  | (1 | ) |  |  | — |  |  |  | — |  |  |  | (2 | ) |  |  | 68 |
Impairment charges(3) |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (374 | ) |  |  | (374 | )
Balance as of May 31, 2018 |  |  | 5,100 |  |  |  | 840 |  |  |  | 634 |  |  |  | 348 |  |  |  | 51 |  |  |  | 6,973 |
Goodwill acquired(4) |  |  | 126 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 126 |
Purchase adjustments and other(2) |  |  | (210 | ) |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (5 | ) |  |  | (215 | )
Balance as of May 31, 2019 |  | $ | 5,016 |  |  | $ | 840 |  |  | $ | 634 |  |  | $ | 348 |  |  | $ | 46 |  |  | $ | 6,884 |
Accumulated goodwill impairment charges as of May 31, 2019 |  | $ | — |  |  | $ | — |  |  | $ | (133 | ) |  | $ | (1,177 | ) |  | $ | (374 | ) |  | $ | (1,684 | )
| (1) | Goodwill acquired relates to the acquisitions of Northwest Research and P2P. See Note 3 for more information.
| (2) | Primarily purchase price allocation-related adjustments, currency translation adjustments and acquired goodwill related to immaterial acquisitions.
| (3) | Impairment charges related to the goodwill impairment of FedEx Supply Chain described below.
| (4) | Goodwill acquired relates to the acquisitions of Flying Cargo and the controlling interest in an existing joint venture with Swiss Post. See Note 3 for more information.
Schedule Of Identifiable Intangible Assets | The summary of our intangible assets and related accumulated amortization at May 31, 2019 and 2018 is as follows (in millions):
|  | 2019 |  |  | 2018 |
|  | Gross Carrying Amount |  |  | Accumulated Amortization |  |  | Net Book Value |  |  | Gross Carrying Amount |  |  | Accumulated Amortization |  |  | Net Book Value |
Customer relationships |  | $ | 685 |  |  | $ | (293 | ) |  | $ | 392 |  |  | $ | 676 |  |  | $ | (250 | ) |  | $ | 426 |
Technology |  |  | 66 |  |  |  | (51 | ) |  |  | 15 |  |  |  | 68 |  |  |  | (39 | ) |  |  | 29 |
Trademarks and other |  |  | 137 |  |  |  | (128 | ) |  |  | 9 |  |  |  | 141 |  |  |  | (116 | ) |  |  | 25 |
Total |  | $ | 888 |  |  | $ | (472 | ) |  | $ | 416 |  |  | $ | 885 |  |  | $ | (405 | ) |  | $ | 480 |
Schedule of Finite Lived Intangible Assets Future Amortization Expense | Expected amortization expense for the next five years is as follows (in millions):
2020 | $ | 64 |
2021 |  | 52 |
2022 |  | 45 |
2023 |  | 43 |
2024 |  | 42 |

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