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General (Tables)
6 Months Ended
Nov. 30, 2023
Accounting Policies [Abstract]  
Schedule of Revenue by Service Type

The following table provides revenue by service type (in millions) for the periods ended November 30. This presentation is consistent with how we organize our segments internally for making operating decisions and measuring performance.

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

2023

 

 

2022

 

 

2023

 

 

2022

 

REVENUE BY SERVICE TYPE

 

 

 

 

 

 

 

 

 

 

 

 

FedEx Express segment:

 

 

 

 

 

 

 

 

 

 

 

 

Package:

 

 

 

 

 

 

 

 

 

 

 

 

U.S. overnight box

 

$

2,158

 

 

$

2,237

 

 

$

4,346

 

 

$

4,553

 

U.S. overnight envelope

 

 

447

 

 

 

474

 

 

 

932

 

 

 

999

 

U.S. deferred

 

 

1,208

 

 

 

1,253

 

 

 

2,395

 

 

 

2,540

 

Total U.S. domestic package revenue

 

 

3,813

 

 

 

3,964

 

 

 

7,673

 

 

 

8,092

 

International priority

 

 

2,390

 

 

 

2,823

 

 

 

4,717

 

 

 

5,720

 

International economy

 

 

1,088

 

 

 

711

 

 

 

2,109

 

 

 

1,418

 

Total international export package revenue

 

 

3,478

 

 

 

3,534

 

 

 

6,826

 

 

 

7,138

 

International domestic(1)

 

 

1,086

 

 

 

1,036

 

 

 

2,110

 

 

 

2,010

 

Total package revenue

 

 

8,377

 

 

 

8,534

 

 

 

16,609

 

 

 

17,240

 

Freight:

 

 

 

 

 

 

 

 

 

 

 

 

U.S.

 

 

584

 

 

 

784

 

 

 

1,166

 

 

 

1,580

 

International priority

 

 

569

 

 

 

811

 

 

 

1,122

 

 

 

1,699

 

International economy

 

 

422

 

 

 

388

 

 

 

847

 

 

 

765

 

International airfreight

 

 

29

 

 

 

39

 

 

 

61

 

 

 

80

 

Total freight revenue

 

 

1,604

 

 

 

2,022

 

 

 

3,196

 

 

 

4,124

 

Other

 

 

273

 

 

 

308

 

 

 

534

 

 

 

627

 

Total FedEx Express segment

 

 

10,254

 

 

 

10,864

 

 

 

20,339

 

 

 

21,991

 

FedEx Ground segment

 

 

8,639

 

 

 

8,393

 

 

 

17,059

 

 

 

16,553

 

FedEx Freight segment

 

 

2,360

 

 

 

2,454

 

 

 

4,651

 

 

 

5,177

 

FedEx Services segment

 

 

65

 

 

 

68

 

 

 

137

 

 

 

138

 

Other and eliminations(2)

 

 

847

 

 

 

1,035

 

 

 

1,660

 

 

 

2,197

 

 

 

$

22,165

 

 

$

22,814

 

 

$

43,846

 

 

$

46,056

 

(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.