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Business Segment Information (Tables)
6 Months Ended
Nov. 30, 2021
Segment Reporting Disclosure Of Entitys Reportable Segments [Abstract]  
Schedule of Segment Information

The following table provides a reconciliation of reportable segment revenue and operating income (loss) to our unaudited condensed consolidated financial statement totals for the periods ended November 30 (in millions):

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

2021

 

 

2020

 

 

2021

 

 

2020

 

Revenue:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

FedEx Express segment

 

$

11,605

 

 

$

10,368

 

 

$

22,571

 

 

$

20,015

 

FedEx Ground segment

 

 

8,264

 

 

 

7,344

 

 

 

15,941

 

 

 

14,384

 

FedEx Freight segment

 

 

2,272

 

 

 

1,936

 

 

 

4,523

 

 

 

3,762

 

FedEx Services segment

 

 

77

 

 

 

8

 

 

 

112

 

 

 

16

 

Other and eliminations

 

 

1,256

 

 

 

907

 

 

 

2,330

 

 

 

1,707

 

 

 

$

23,474

 

 

$

20,563

 

 

$

45,477

 

 

$

39,884

 

Operating income (loss):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

FedEx Express segment

 

$

949

 

 

$

900

 

 

$

1,516

 

 

$

1,610

 

FedEx Ground segment

 

 

481

 

 

 

552

 

 

 

1,152

 

 

 

1,386

 

FedEx Freight segment

 

 

334

 

 

 

252

 

 

 

724

 

 

 

526

 

Corporate, other, and eliminations

 

 

(167

)

 

 

(239

)

 

 

(397

)

 

 

(467

)

 

 

$

1,597

 

 

$

1,465

 

 

$

2,995

 

 

$

3,055