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Business Segment Information (Tables)

9 Months Ended

Feb. 29, 2024

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 February 29, 2024 and February 28, 2023 (in millions):

		Three Months Ended								Nine Months Ended
		2024				2023				2024				2023
Revenue:
FedEx Express segment		$	10,101			$	10,345			$	30,440			$	32,336
FedEx Ground segment			8,703				8,658				25,762				25,211
FedEx Freight segment			2,125				2,186				6,776				7,363
FedEx Services segment			64				87				201				225
Other and eliminations			745				893				2,405				3,090
		$	21,738			$	22,169			$	65,584			$	68,225
Operating income (loss):
FedEx Express segment		$	233			$	119			$	575			$	634
FedEx Ground segment			942				844				2,945				2,136
FedEx Freight segment			340				386				1,308				1,477
Corporate, other, and eliminations			(272	)			(307	)			(824	)			(838	)
		$	1,243			$	1,042			$	4,004			$	3,409

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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
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Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
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-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
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Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
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-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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