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v3.20.1

Condensed Consolidated Statements of Income - USD ($) $ in Millions | 3 Months Ended | 9 Months Ended
--- | --- | ---
Feb. 29, 2020 | Feb. 28, 2019 | Feb. 29, 2020 | Feb. 28, 2019
Income Statement [Abstract] |  |  |  |
REVENUE | $ 17,487 | $ 17,010 | $ 51,859 | $ 51,886
OPERATING EXPENSES: |  |  |  |
Salaries and employee benefits | 6,382 | 6,069 | 18,704 | 18,589
Purchased transportation | 4,558 | 4,253 | 12,914 | 12,566
Rentals and landing fees | 964 | 874 | 2,808 | 2,533
Depreciation and amortization | 908 | 851 | 2,688 | 2,487
Fuel | 879 | 907 | 2,639 | 2,945
Maintenance and repairs | 684 | 658 | 2,226 | 2,144
Asset impairment charges |  |  | 66 |
Business realignment costs |  | 4 |  | 4
Other | 2,701 | 2,483 | 7,872 | 7,468
OPERATING EXPENSES | 17,076 | 16,099 | 49,917 | 48,736
OPERATING INCOME | 411 | 911 | 1,942 | 3,150
OTHER INCOME (EXPENSE): |  |  |  |
Interest, net | (155) | (135) | (443) | (393)
Other retirement plans income | 168 | 158 | 504 | 474
Other, net | (4) | (3) | (15) | (22)
OTHER INCOME (EXPENSE) | 9 | 20 | 46 | 59
INCOME BEFORE INCOME TAXES | 420 | 931 | 1,988 | 3,209
PROVISION FOR INCOME TAXES | 105 | 192 | 368 | 700
NET INCOME | $ 315 | $ 739 | $ 1,620 | $ 2,509
EARNINGS PER COMMON SHARE: |  |  |  |
Basic | $ 1.21 | $ 2.83 | $ 6.21 | $ 9.55
Diluted | 1.20 | 2.80 | 6.17 | 9.41
DIVIDENDS DECLARED PER COMMON SHARE | $ 0.65 | $ 0.65 | $ 2.60 | $ 2.60

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