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Condensed Consolidated Statements of Income - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Nov. 30, 2022
Nov. 30, 2021
Nov. 30, 2022
Nov. 30, 2021
Income Statement [Abstract]        
REVENUE $ 22,814 $ 23,474 $ 46,056 $ 45,477
OPERATING EXPENSES:        
Salaries and employee benefits 7,792 8,135 15,651 15,911
Purchased transportation 5,665 6,241 11,432 11,900
Rentals and landing fees 1,195 1,177 2,354 2,310
Depreciation and amortization 1,046 995 2,070 1,966
Fuel 1,593 1,145 3,415 2,154
Maintenance and repairs 882 839 1,786 1,708
Business realignment and optimization costs 36 44 74 111
Other 3,429 3,301 6,907 6,422
OPERATING EXPENSES 21,638 21,877 43,689 42,482
OPERATING INCOME 1,176 1,597 2,367 2,995
OTHER (EXPENSE) INCOME:        
Interest, net (127) (155) (269) (315)
Other retirement plans income 101 (47) 202 169
Other, net (91) (15) (87) (12)
OTHER (EXPENSE) INCOME (117) (217) (154) (158)
INCOME BEFORE INCOME TAXES 1,059 1,380 2,213 2,837
PROVISION FOR INCOME TAXES 271 336 550 681
NET INCOME $ 788 $ 1,044 $ 1,663 $ 2,156
EARNINGS PER COMMON SHARE:        
Basic $ 3.08 $ 3.94 $ 6.46 $ 8.11
Diluted 3.07 3.88 6.41 7.97
DIVIDENDS DECLARED PER COMMON SHARE $ 1.15 $ 0.75 $ 3.45 $ 2.25