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General (Tables)
3 Months Ended
Aug. 31, 2023
Accounting Policies [Abstract]  
Schedule of Revenue by Service Type

The following table provides revenue by service type (in millions) for the periods ended August 31. This presentation is consistent with how we organize our segments internally for making operating decisions and measuring performance.

 

 

Three Months Ended

 

 

 

2023

 

 

2022

 

REVENUE BY SERVICE TYPE

 

 

 

 

 

 

FedEx Express segment:

 

 

 

 

 

 

Package:

 

 

 

 

 

 

U.S. overnight box

 

$

2,188

 

 

$

2,316

 

U.S. overnight envelope

 

 

485

 

 

 

525

 

U.S. deferred

 

 

1,187

 

 

 

1,287

 

Total U.S. domestic package revenue

 

 

3,860

 

 

 

4,128

 

International priority

 

 

2,327

 

 

 

2,897

 

International economy

 

 

1,021

 

 

 

707

 

Total international export package revenue

 

 

3,348

 

 

 

3,604

 

International domestic(1)

 

 

1,024

 

 

 

974

 

Total package revenue

 

 

8,232

 

 

 

8,706

 

Freight:

 

 

 

 

 

 

U.S.

 

 

582

 

 

 

796

 

International priority

 

 

553

 

 

 

888

 

International economy

 

 

425

 

 

 

377

 

International airfreight

 

 

32

 

 

 

41

 

Total freight revenue

 

 

1,592

 

 

 

2,102

 

Other

 

 

261

 

 

 

319

 

Total FedEx Express segment

 

 

10,085

 

 

 

11,127

 

FedEx Ground segment

 

 

8,420

 

 

 

8,160

 

FedEx Freight segment

 

 

2,291

 

 

 

2,723

 

FedEx Services segment

 

 

72

 

 

 

70

 

Other and eliminations(2)

 

 

813

 

 

 

1,162

 

 

 

$

21,681

 

 

$

23,242

 

(1)
International domestic revenue relates to our international intra-country operations.
(2)
Includes the FedEx Office and Print Services, Inc. (“FedEx Office”), FedEx Logistics, Inc. (“FedEx Logistics”), and FedEx Dataworks, Inc. (“FedEx Dataworks”) operating segments.