Income Taxes (Tables)

12 Months Ended

May 31, 2016

Income Taxes (Tables) [Abstract]

Schedule of Components of the Provision for Income Taxes

			2016		2015		2014
Current provision
	Domestic:
		Federal	$	513	$	795	$	624
		State and local		72		102		56
	Foreign			200		214		194
				785		1,111		874
Deferred provision (benefit)
	Domestic:
		Federal		155		(474)		360
		State and local		(18)		(47)		82
	Foreign			(2)		(13)		18
				135		(534)		460
			$	920	$	577	$	1,334

Schedule of Reconciliation of the Statutory Federal Income Tax Rate to the Effective Income Tax Rate

			2016		2015		2014
Taxes computed at federal statutory rate			$	959	$	569	$	1,280
Increases (decreases) in income tax from:
	State and local income taxes,
		net of federal benefit		33		36		90
	Foreign operations			(50)		(43)		(38)
	Internal restructuring			(76)		-		-
	TNT Express acquisition costs			40		-		-
	Other, net			14		15		2
			$	920	$	577	$	1,334
Effective Tax Rate				33.6%		35.5%		36.5%

Schedule of Significant Components of Deferred Tax Assets and Liabilities

		2016				2015
		Deferred Tax Assets		Deferred Tax Liabilities		Deferred Tax Assets		Deferred Tax Liabilities
Property, equipment,
	leases and intangibles	$	129	$	4,767	$	93	$	3,872
Employee benefits			2,453		-		2,029		13
Self-insurance accruals			681		-		607		-
Other			528		343		477		414
Net operating loss/credit
	carryforwards		925		-		326		-
Valuation allowances			(738)		-		(224)		-
		$	3,978	$	5,110	$	3,308	$	4,299

Schedule of Net Deferred Tax Liabilities

		2016		2015
	Noncurrent deferred tax assets(1)	$	435	$	219
	Noncurrent deferred tax liabilities		(1,567)		(1,210)
		$	(1,132)	$	(991)
(1)	Noncurrent deferred tax assets are included in the line item "Other Assets" in our consolidated balance sheets.

Reconciliation of Beginning and Ending Amount of Unrecognized Tax Benefits

		2016		2015		2014
Balance at beginning of year		$	36	$	38	$	47
	Increases for tax positions taken in the current year		3		1		1
	Increases for tax positions taken in prior years		3		6		3
	Increase for business acquisition		25		-		-
	Decreases for tax positions taken in prior years		(5)		(2)		(3)
	Settlements		(4)		(2)		(6)
	Decreases from lapse of statute of limitations		(7)		-		(3)
	Changes due to currency translation		(2)		(5)		(1)
Balance at end of year		$	49	$	36	$	38