Business Segment Information (Tables)

12 Months Ended

May 31, 2014

Business Segment Information (Tables) [Abstract]

Schedule of Segment Information

		FedEx Express Segment(1)		FedEx Ground Segment(2)		FedEx Freight Segment(3)		FedEx Services Segment		Other and Eliminations		Consolidated Total
Revenues
2014		$	27,121	$	11,617	$	5,757	$	1,536	$	(464)	$	45,567
2013			27,171		10,578		5,401		1,580		(443)		44,287
2012			26,515		9,573		5,282		1,671		(361)		42,680
Depreciation and amortization
2014		$	1,488	$	468	$	231	$	399	$	1	$	2,587
2013			1,350		434		217		384		1		2,386
2012			1,169		389		185		369		1		2,113
Operating income
2014		$	1,172	$	1,955	$	319	$	-	$	-	$	3,446
2013			555		1,788		208		-		-		2,551
2012			1,260		1,764		162		-		-		3,186
Segment assets(4)
2014		$	19,901	$	8,466	$	3,216	$	5,186	$	(3,699)	$	33,070
2013			18,935		7,353		2,953		4,879		(553)		33,567
2012			17,981		6,154		2,807		4,546		(1,585)		29,903
(1)	FedEx Express segment 2013 operating expenses include $405 million of direct and allocated business realignment costs and an impairment charge of $100 million resulting from the decision to retire 10 aircraft and related engines. FedEx Express segment 2012 operating expenses include an impairment charge of $134 million resulting from the decision to retire 24 aircraft and related engines and a reversal of a $66 million legal reserve that was initially recorded in 2011.
(2)	FedEx Ground segment 2013 operating expenses include $105 million of allocated business realignment costs.
(3)	FedEx Freight segment 2013 operating expenses include $50 million in direct and allocated business realignment costs.
(4)	Segment assets include intercompany receivables.

Schedule of Segment Capital Expenditures

The following table provides a reconciliation of reportable segment capital expenditures to consolidated totals for the years ended May 31 (in millions):
	FedEx Express Segment		FedEx Ground Segment		FedEx Freight Segment		FedEx Services Segment		Other		Consolidated Total
2014	$	1,994	$	850	$	325	$	363	$	1	$	3,533
2013		2,067		555		326		424		3		3,375
2012		2,689		536		340		437		5		4,007

Schedule of Revenue by Service Type and Geographical Information

The following table presents revenue by service type and geographic information for the years ended or as of May 31 (in millions):
REVENUE BY SERVICE TYPE
				2014		2013		2012
FedEx Express segment:
	Package:
		U.S. overnight box		$	6,555	$	6,513	$	6,546
		U.S. overnight envelope			1,636		1,705		1,747
		U.S. deferred			3,188		3,020		3,001
			Total U.S. domestic package revenue		11,379		11,238		11,294
		International priority			6,451		6,586		6,849
		International economy			2,229		2,046		1,859
			Total international export package revenue		8,680		8,632		8,708
		International domestic(1)			1,446		1,398		853
			Total package revenue		21,505		21,268		20,855
	Freight:
		U.S.			2,355		2,562		2,498
		International priority			1,594		1,678		1,827
		International airfreight			205		276		307
			Total freight revenue		4,154		4,516		4,632
	Other(2)				1,462		1,387		1,028
			Total FedEx Express segment		27,121		27,171		26,515
FedEx Ground segment:
	FedEx Ground				10,634		9,652		8,791
	FedEx SmartPost				983		926		782
		Total FedEx Ground segment			11,617		10,578		9,573
FedEx Freight segment					5,757		5,401		5,282
FedEx Services segment					1,536		1,580		1,671
Other and eliminations					(464)		(443)		(361)
				$	45,567	$	44,287	$	42,680
GEOGRAPHICAL INFORMATION(3)
Revenues:
	U.S.			$	32,901	$	31,550	$	29,837
	International:
		FedEx Express segment			12,274		12,357		12,370
		FedEx Ground segment			248		234		216
		FedEx Freight segment			130		112		101
		FedEx Services segment			14		34		156
			Total international revenue		12,666		12,737		12,843
				$	45,567	$	44,287	$	42,680
Noncurrent assets:
	U.S.			$	20,658	$	19,637	$	18,874
	International				2,729		2,656		1,973
				$	23,387	$	22,293	$	20,847
(1)		International domestic revenues represent our international intra-country express operations, including countries such as Mexico and Brazil.
(2)		Includes FedEx Trade Networks and FedEx SupplyChain Systems.
(3)		International revenue includes shipments that either originate in or are destined to locations outside the United States. Noncurrent assets include property and equipment, goodwill and other long-term assets. Our flight equipment is registered in the U.S. and is included as U.S. assets; however, many of our aircraft operate internationally.