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Business Segment Information (Tables)
9 Months Ended
Feb. 28, 2022
Segment Reporting Disclosure Of Entitys 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 28 (in millions):

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Revenue:

 

 

 

 

 

 

 

 

 

 

 

 

FedEx Express segment

 

$

11,304

 

 

$

10,788

 

 

$

33,875

 

 

$

30,803

 

FedEx Ground segment

 

 

8,800

 

 

 

7,980

 

 

 

24,741

 

 

 

22,364

 

FedEx Freight segment

 

 

2,253

 

 

 

1,836

 

 

 

6,776

 

 

 

5,598

 

FedEx Services segment

 

 

65

 

 

 

8

 

 

 

177

 

 

 

24

 

Other and eliminations

 

 

1,219

 

 

 

898

 

 

 

3,549

 

 

 

2,605

 

 

 

$

23,641

 

 

$

21,510

 

 

$

69,118

 

 

$

61,394

 

Operating income (loss):

 

 

 

 

 

 

 

 

 

 

 

 

FedEx Express segment

 

$

520

 

 

$

463

 

 

$

2,036

 

 

$

2,073

 

FedEx Ground segment

 

 

641

 

 

 

702

 

 

 

1,793

 

 

 

2,088

 

FedEx Freight segment

 

 

337

 

 

 

119

 

 

 

1,061

 

 

 

645

 

Corporate, other, and eliminations

 

 

(172

)

 

 

(279

)

 

 

(569

)

 

 

(746

)

 

 

$

1,326

 

 

$

1,005

 

 

$

4,321

 

 

$

4,060