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Business Segment Information (Tables)

6 Months Ended

Nov. 30, 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 periods ended November 30 (in millions):

		Three Months Ended								Six Months Ended
		2023				2022				2023				2022
Revenue:
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			847				1,035				1,660				2,197
		$	22,165			$	22,814			$	43,846			$	46,056
Operating income (loss):
FedEx Express segment		$	137			$	341			$	342			$	515
FedEx Ground segment			900				598				2,003				1,292
FedEx Freight segment			487				440				968				1,091
Corporate, other, and eliminations			(248	)			(203	)			(552	)			(531	)
		$	1,276			$	1,176			$	2,761			$	2,367

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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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