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General (Tables)
6 Months Ended
Nov. 30, 2022
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

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

REVENUE BY SERVICE TYPE

 

 

 

 

 

 

 

 

 

 

 

 

FedEx Express segment:

 

 

 

 

 

 

 

 

 

 

 

 

Package:

 

 

 

 

 

 

 

 

 

 

 

 

U.S. overnight box

 

$

2,237

 

 

$

2,249

 

 

$

4,553

 

 

$

4,419

 

U.S. overnight envelope

 

 

474

 

 

 

474

 

 

 

999

 

 

 

956

 

U.S. deferred

 

 

1,253

 

 

 

1,307

 

 

 

2,540

 

 

 

2,538

 

Total U.S. domestic package revenue

 

 

3,964

 

 

 

4,030

 

 

 

8,092

 

 

 

7,913

 

International priority

 

 

2,823

 

 

 

3,107

 

 

 

5,720

 

 

 

5,946

 

International economy

 

 

711

 

 

 

706

 

 

 

1,418

 

 

 

1,375

 

Total international export package revenue

 

 

3,534

 

 

 

3,813

 

 

 

7,138

 

 

 

7,321

 

International domestic(1)

 

 

1,036

 

 

 

1,147

 

 

 

2,010

 

 

 

2,261

 

Total package revenue

 

 

8,534

 

 

 

8,990

 

 

 

17,240

 

 

 

17,495

 

Freight:

 

 

 

 

 

 

 

 

 

 

 

 

U.S.

 

 

784

 

 

 

775

 

 

 

1,580

 

 

 

1,550

 

International priority

 

 

811

 

 

 

994

 

 

 

1,699

 

 

 

1,867

 

International economy

 

 

388

 

 

 

438

 

 

 

765

 

 

 

852

 

International airfreight

 

 

39

 

 

 

47

 

 

 

80

 

 

 

94

 

Total freight revenue

 

 

2,022

 

 

 

2,254

 

 

 

4,124

 

 

 

4,363

 

Other

 

 

308

 

 

 

361

 

 

 

627

 

 

 

713

 

Total FedEx Express segment

 

 

10,864

 

 

 

11,605

 

 

 

21,991

 

 

 

22,571

 

FedEx Ground segment

 

 

8,393

 

 

 

8,264

 

 

 

16,553

 

 

 

15,941

 

FedEx Freight segment

 

 

2,454

 

 

 

2,272

 

 

 

5,177

 

 

 

4,523

 

FedEx Services segment

 

 

68

 

 

 

77

 

 

 

138

 

 

 

112

 

Other and eliminations(2)

 

 

1,035

 

 

 

1,256

 

 

 

2,197

 

 

 

2,330

 

 

 

$

22,814

 

 

$

23,474

 

 

$

46,056

 

 

$

45,477

 

(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. (including ShopRunner, Inc.) (“FedEx Dataworks”) operating segments.