XML 29 R4.htm IDEA: XBRL DOCUMENT v3.20.4
Condensed Consolidated Statements of Income - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Nov. 30, 2020
Nov. 30, 2019
Nov. 30, 2020
Nov. 30, 2019
Income Statement [Abstract]        
REVENUE $ 20,563 $ 17,324 $ 39,884 $ 34,372
OPERATING EXPENSES:        
Salaries and employee benefits 7,443 6,235 14,295 12,322
Purchased transportation 5,407 4,328 10,384 8,356
Rentals and landing fees 1,006 924 1,942 1,844
Depreciation and amortization 936 901 1,862 1,780
Fuel 625 890 1,190 1,760
Maintenance and repairs 815 774 1,621 1,542
Asset impairment charges   66   66
Other 2,866 2,652 5,535 5,171
OPERATING EXPENSES 19,098 16,770 36,829 32,841
OPERATING INCOME 1,465 554 3,055 1,531
OTHER (EXPENSE) INCOME:        
Interest, net (184) (151) (368) (288)
Other retirement plans income 150 168 351 336
Other, net (25) 1 (26) (11)
OTHER (EXPENSE) INCOME (59) 18 (43) 37
INCOME BEFORE INCOME TAXES 1,406 572 3,012 1,568
PROVISION FOR INCOME TAXES 180 12 541 263
NET INCOME $ 1,226 $ 560 $ 2,471 $ 1,305
EARNINGS PER COMMON SHARE:        
Basic $ 4.64 $ 2.15 $ 9.40 $ 5.00
Diluted 4.55 2.13 9.26 4.97
DIVIDENDS DECLARED PER COMMON SHARE $ 0.65 $ 0.65 $ 1.95 $ 1.95