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Business Segment Information (Tables)

3 Months Ended

Aug. 31, 2023

Segment Reporting, Disclosure of Entity's 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 three-month periods ended August 31 (in millions):

		2023				2022
Revenue:
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			813				1,162
		$	21,681			$	23,242
Operating income (loss):
FedEx Express segment		$	205			$	174
FedEx Ground segment			1,103				694
FedEx Freight segment			481				651
Corporate, other, and eliminations			(304	)			(328	)
		$	1,485			$	1,191

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- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482573/350-20-50-1

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-25

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
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Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-30

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- References

No definition available.

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