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Business Segment Information - Schedule of Segment Information (Details) - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
May 31, 2017
Feb. 28, 2017
[1]
Nov. 30, 2016
[1]
Aug. 31, 2016
[1]
May 31, 2016
Feb. 29, 2016
[2]
Nov. 30, 2015
[2]
Aug. 31, 2015
[2]
May 31, 2017
May 31, 2016
May 31, 2015
Segment Reporting Information [Line Items]                      
Revenues $ 15,728 [1] $ 14,997 $ 14,931 $ 14,663 $ 12,979 [2] $ 12,654 $ 12,453 $ 12,279 $ 60,319 $ 50,365 $ 47,453
Depreciation and amortization                 2,995 2,631 2,611
Operating income 1,581 [1] $ 1,025 $ 1,167 $ 1,264 (68) [2] $ 864 $ 1,137 $ 1,144 5,037 [3] 3,077 [4] 1,867 [5]
Segment assets [6] 48,552       45,959       48,552 45,959 36,469
Capital expenditures                 5,116 4,818 4,347
FedEx Express Segment [Member]                      
Segment Reporting Information [Line Items]                      
Revenues                 27,358 26,451 27,239
Depreciation and amortization                 1,431 1,385 1,460
Operating income                 2,678 [3] 2,519 [4] 1,584 [5]
Segment assets [6] 24,882       21,205       24,882 21,205 20,382
Capital expenditures                 2,525 2,356 2,380
TNT Express Segment [Member]                      
Segment Reporting Information [Line Items]                      
Revenues                 7,401    
Depreciation and amortization                 239    
Operating income [3]                 84    
Segment assets [6] 6,939               6,939    
Capital expenditures                 205    
FedEx Ground Segment [Member]                      
Segment Reporting Information [Line Items]                      
Revenues                 18,075 16,574 12,984
Depreciation and amortization                 684 608 530
Operating income                 2,292 [3] 2,276 [4] 2,172 [5]
Segment assets [6] 14,628       13,098       14,628 13,098 11,691
Capital expenditures                 1,539 1,597 1,248
FedEx Freight Segment [Member]                      
Segment Reporting Information [Line Items]                      
Revenues                 6,443 6,200 6,191
Depreciation and amortization                 269 248 230
Operating income                 397 [3] 426 [4] 484 [5]
Segment assets [6] 3,925       3,749       3,925 3,749 3,471
Capital expenditures                 431 433 337
FedEx Services Segment [Member]                      
Segment Reporting Information [Line Items]                      
Revenues                 1,621 1,593 1,545
Depreciation and amortization                 371 384 390
Segment assets [6] 5,682       5,390       5,682 5,390 5,356
Capital expenditures                 416 432 381
Eliminations, corporate and other [Member]                      
Segment Reporting Information [Line Items]                      
Revenues [7]                 (579) (453) (506)
Depreciation and amortization [7]                 1 6 1
Operating income [7]                 (414) [3] (2,144) [4] (2,373) [5]
Segment assets [6],[7] $ (7,504)       $ 2,517       $ (7,504) $ 2,517 (4,431)
Capital expenditures                     $ 1
[1] The fourth quarter, third quarter, second quarter, and first quarter of 2017 include $124 million, $78 million, $58 million and $68 million, respectively, of TNT Express integration expenses and restructuring charges, and $20 million, $16 million, $10 million and $28 million, respectively, of increased intangible asset amortization as a result of the TNT Express acquisition. The fourth quarter of 2017 includes $39 million of charges for legal reserves related to certain pending CBP matters involving FedEx Trade Networks, $22 million of charges in connection with the settlement of and certain expected losses relating to independent contractor litigation matters at FedEx Ground and $24 million related to the retirement plans MTM gain.
[2] The fourth quarter of 2016 includes a $1.5 billion retirement plans MTM loss and TNT Express transaction, financing and integration-planning expenses and immaterial financial results from the time of acquisition totaling $79 million. In addition, the fourth quarter of 2016 includes a $76 million favorable tax impact from an internal corporate legal entity restructuring to facilitate the integration of FedEx Express and TNT Express and $11 million of expenses related to independent contractor litigation matters at FedEx Ground. The third quarter of 2016 includes provisions related to independent contractor litigation matters at FedEx Ground for $204 million and expenses related to the settlement of a CBP notice of action in the amount of $69 million (in each case, net of recognized immaterial insurance recovery), as well as TNT Express transaction, financing and integration-planning expenses of $25 million. The second quarter of 2016 includes provisions related to independent contractor litigation matters at FedEx Ground for $41 million and $19 million of TNT Express transaction, financing and integration-planning expenses.
[3] Includes TNT Express integration expenses and restructuring charges of $327 million, increased intangible asset amortization of $74 million as a result of the TNT Express acquisition, and a gain of $24 million associated with our mark-to-market pension accounting. These expenses are included in “Eliminations, corporate and other,” the FedEx Express segment and the TNT Express segment. Also includes $39 million of charges for legal reserves related to certain pending U.S. Customs and Border Protection (“CBP”) matters involving FedEx Trade Networks and $22 million of charges in connection with the settlement of and certain expected losses relating to independent contractor litigation matters at FedEx Ground. See Note 18 below for additional information.
[4] Includes a $1.5 billion loss associated with our mark-to-market pension accounting. Also includes provisions for the settlement of and expected losses related to independent contractor litigation matters at FedEx Ground for $256 million and expenses related to the settlement of a CBP notice of action in the amount of $69 million, in each case net of recognized immaterial insurance recovery, and transaction and integration-planning expenses related to our TNT Express acquisition of $113 million.
[5] Includes a $2.2 billion loss associated with our mark-to-market pension accounting, $276 million of impairment and related charges resulting from the decision to permanently retire and adjust the retirement schedule of certain aircraft and related engines, and a $197 million charge to increase the legal reserve associated with the settlement of a legal matter at FedEx Ground to the amount of the settlement.
[6] Segment assets include intercompany receivables.
[7] Includes TNT Express’s assets and immaterial financial results for 2016 from the time of acquisition (May 25, 2016).