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Business Segment Information (Details 1) - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
May 31, 2016
Feb. 29, 2016
[1]
Nov. 30, 2015
[1]
Aug. 31, 2015
May 31, 2015
Feb. 28, 2015
Nov. 30, 2014
Aug. 31, 2014
May 31, 2016
May 31, 2015
May 31, 2014
Segment Reporting Information [Line Items]                      
Revenues $ 12,979 [1] $ 12,654 $ 12,453 $ 12,279 $ 12,114 [2] $ 11,716 $ 11,939 $ 11,684 $ 50,365 $ 47,453 $ 45,567
Depreciation and amortization                 2,631 2,611 2,587
Operating income (68) [1] $ 864 $ 1,137 $ 1,144 (1,321) [2] $ 1,038 $ 1,088 $ 1,062 3,077 1,867 3,815
Segment assets 46,064       36,531       46,064 36,531 33,070
Capital expenditures                 4,818 4,347 3,533
FedEx Express Segment [Member]                      
Segment Reporting Information [Line Items]                      
Revenues                 26,451 27,239 27,121
Depreciation and amortization                 1,385 1,460 1,488
Operating income                 2,519 1,584 [3] 1,428
Segment assets [4] 21,207       20,382       21,207 20,382 19,901
Capital expenditures                 2,356 2,380 1,994
FedEx Ground Segment [Member]                      
Segment Reporting Information [Line Items]                      
Revenues                 16,574 12,984 11,617
Depreciation and amortization                 608 530 468
Operating income                 2,276 2,172 2,021
Segment assets [4] 13,098       11,691       13,098 11,691 8,466
Capital expenditures                 1,597 1,248 850
FedEx Freight Segment [Member]                      
Segment Reporting Information [Line Items]                      
Revenues                 6,200 6,191 5,757
Depreciation and amortization                 248 230 231
Operating income                 426 484 351
Segment assets [4] 3,749       3,471       3,749 3,471 3,216
Capital expenditures                 433 337 325
FedEx Services Segment [Member]                      
Segment Reporting Information [Line Items]                      
Revenues                 1,593 1,545 1,536
Depreciation and amortization                 384 390 399
Segment assets [4] 5,390       5,356       5,390 5,356 5,186
Capital expenditures                 432 381 363
Eliminations, corporate and other [Member]                      
Segment Reporting Information [Line Items]                      
Revenues                 (453) [5] (506) (464)
Depreciation and amortization                 6 1 1
Operating income [7]                 (2,144) [6] (2,373) 15
Segment assets [4] $ 2,620 [6]       $ (4,369)       $ 2,620 [6] (4,369) (3,699)
Capital expenditures                   $ 1 $ 1
[1] The fourth quarter of 2016 includes a $1.5 billion retirement plans mark-to-market loss and TNT Express transaction, financing and integration planning expenses and immaterial financial results from the time of acquisition totaling $79 million. In addition, the fourth quarter of 2016 includes a $76 million favorable tax impact from an internal corporate restructuring to facilitate the integration of FedEx Express and TNT Express and $11 million of expenses related to independent contractor litigation matters at FedEx Ground. The third quarter of 2016 includes provisions related to independent contractor litigation matters at FedEx Ground for $204 million and expenses related to the settlement of a U.S. Customs and Border Protection notice of action in the amount of $69 million, as well as TNT Express transaction, financing and integration planning expenses of $25 million. The second quarter of 2016 includes provisions related to independent contractor litigation matters at FedEx Ground for $41 million and $19 million of TNT Express transaction, financing and integration planning expenses.
[2] The fourth quarter of 2015 includes a $2.2 billion retirement plans mark-to-market loss, $276 million of impairment and related charges resulting from the decision to permanently retire and adjust the retirement schedule of certain aircraft and related engines at FedEx Express and a $197 million reserve increase due to the settlement of a legal matter at FedEx Ground.
[3] FedEx Express segment 2015 operating income includes $276 million of impairment and related charges resulting from the decision to permanently retire and adjust the retirement schedule of certain aircraft and related engines.
[4] Segment assets include intercompany receivables.
[5] Includes TNT Express’s revenue from the time of acquisition (May 25, 2016).
[6] Includes TNT Express’s assets and immaterial financial results from the time of acquisition (May 25, 2016).
[7] Operating income includes a loss of $1.5 billion in 2016, $2.2 billion in 2015 and $15 million in 2014 associated with our mark-to-market pension accounting. Operating income in 2016 includes provisions for the settlement of and expected losses related to independent contractor litigation matters at FedEx Ground for $256 million and expenses related to the settlement of a CBP notice of action in the amount of $69 million, in each case net of recognized immaterial insurance recovery. 2015 also includes a $197 million charge in the fourth quarter to increase the legal reserve associated with the settlement of a legal matter at FedEx Ground to the amount of the settlement.