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General (Tables)
9 Months Ended
Feb. 28, 2023
Accounting Policies [Abstract]  
Schedule of Revenue by Service Type

The following table provides revenue by service type (in millions) for the periods ended February 28. This presentation is consistent with how we organize our segments internally for making operating decisions and measuring performance.

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

2023

 

 

2022

 

 

2023

 

 

2022

 

REVENUE BY SERVICE TYPE

 

 

 

 

 

 

 

 

 

 

 

 

FedEx Express segment:

 

 

 

 

 

 

 

 

 

 

 

 

Package:

 

 

 

 

 

 

 

 

 

 

 

 

U.S. overnight box

 

$

2,165

 

 

$

2,275

 

 

$

6,718

 

 

$

6,694

 

U.S. overnight envelope

 

 

478

 

 

 

479

 

 

 

1,477

 

 

 

1,435

 

U.S. deferred

 

 

1,346

 

 

 

1,422

 

 

 

3,886

 

 

 

3,960

 

Total U.S. domestic package revenue

 

 

3,989

 

 

 

4,176

 

 

 

12,081

 

 

 

12,089

 

International priority

 

 

2,566

 

 

 

2,991

 

 

 

8,286

 

 

 

8,937

 

International economy

 

 

698

 

 

 

697

 

 

 

2,116

 

 

 

2,072

 

Total international export package revenue

 

 

3,264

 

 

 

3,688

 

 

 

10,402

 

 

 

11,009

 

International domestic(1)

 

 

1,003

 

 

 

1,016

 

 

 

3,013

 

 

 

3,277

 

Total package revenue

 

 

8,256

 

 

 

8,880

 

 

 

25,496

 

 

 

26,375

 

Freight:

 

 

 

 

 

 

 

 

 

 

 

 

U.S.

 

 

719

 

 

 

712

 

 

 

2,299

 

 

 

2,262

 

International priority

 

 

687

 

 

 

948

 

 

 

2,387

 

 

 

2,815

 

International economy

 

 

358

 

 

 

378

 

 

 

1,123

 

 

 

1,230

 

International airfreight

 

 

47

 

 

 

40

 

 

 

126

 

 

 

134

 

Total freight revenue

 

 

1,811

 

 

 

2,078

 

 

 

5,935

 

 

 

6,441

 

Other

 

 

278

 

 

 

346

 

 

 

905

 

 

 

1,059

 

Total FedEx Express segment

 

 

10,345

 

 

 

11,304

 

 

 

32,336

 

 

 

33,875

 

FedEx Ground segment

 

 

8,658

 

 

 

8,800

 

 

 

25,211

 

 

 

24,741

 

FedEx Freight segment

 

 

2,186

 

 

 

2,253

 

 

 

7,363

 

 

 

6,776

 

FedEx Services segment

 

 

87

 

 

 

65

 

 

 

225

 

 

 

177

 

Other and eliminations(2)

 

 

893

 

 

 

1,219

 

 

 

3,090

 

 

 

3,549

 

 

 

$

22,169

 

 

$

23,641

 

 

$

68,225

 

 

$

69,118

 

(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. (“FedEx Dataworks”) operating segments.