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Computation of Earnings Per Share (Details) (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 12 Months Ended
May 31, 2013
Feb. 28, 2013
Nov. 30, 2012
Aug. 31, 2012
May 31, 2012
Feb. 29, 2012
Nov. 30, 2011
Aug. 31, 2011
May 31, 2013
May 31, 2012
May 31, 2011
Basic earnings per common share:                      
Net earnings allocable to common shares                 $ 1,558 [1] $ 2,029 [1] $ 1,449 [1]
Weighted-average common shares                 315 315 315
Basic earnings per common share $ 0.96 [2],[3] $ 1.14 [2],[3] $ 1.39 [2],[3] $ 1.46 [2] $ 1.74 [2],[4] $ 1.66 [2],[4] $ 1.57 [2] $ 1.46 [2] $ 4.95 $ 6.44 $ 4.61
Diluted earnings per common share:                      
Net earnings allocable to common shares                 $ 1,558 [1] $ 2,029 [1] $ 1,449 [1]
Weighted-average common shares                 315 315 315
Dilutive effect of share-based awards                 2 2 2
Weighted-average diluted shares                 317 317 317
Diluted earnings per common share $ 0.95 [2],[3] $ 1.13 [2],[3] $ 1.39 [2],[3] $ 1.45 [2] $ 1.73 [2],[4] $ 1.65 [2],[4] $ 1.57 [2] $ 1.46 [2] $ 4.91 $ 6.41 $ 4.57
Anti-dilutive options excluded from diluted earnings per common share                 11.1 12.6 9.3
[1] Net earnings available to participating securities were immaterial in all periods presented.
[2] The sum of the quarterly earnings per share may not equal annual amounts due to differences in the weighted-average number of shares outstanding during the respective period.
[3] The fourth quarter of 2013 includes $496 million of business realignment costs and an impairment charge of $100 million resulting from the decision to retire 10 aircraft and related engines at FedEx Express. The third quarter of 2013 includes $47 million of business realignment costs. The second quarter of 2013 includes $13 million of business realignment costs.
[4] The fourth quarter of 2012 includes an impairment charge of $134 million resulting from the decision to retire 24 aircraft and related engines at FedEx Express. The third quarter of 2012 includes the reversal of a $66 million legal reserve.