Condensed Consolidated Statements of Income - USD ($) $ in Millions |
3 Months Ended | 9 Months Ended | ||
---|---|---|---|---|
Feb. 28, 2017 |
Feb. 29, 2016 |
Feb. 28, 2017 |
Feb. 29, 2016 |
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Income Statement [Abstract] | ||||
REVENUES | $ 14,997 | $ 12,654 | $ 44,591 | $ 37,386 |
OPERATING EXPENSES: | ||||
Salaries and employee benefits | 5,395 | 4,712 | 16,059 | 13,807 |
Purchased transportation | 3,498 | 2,623 | 10,169 | 7,505 |
Rentals and landing fees | 834 | 744 | 2,426 | 2,121 |
Depreciation and amortization | 762 | 663 | 2,241 | 1,964 |
Fuel | 735 | 537 | 2,043 | 1,864 |
Maintenance and repairs | 588 | 504 | 1,765 | 1,581 |
Other | 2,160 | 2,007 | 6,432 | 5,399 |
OPERATING EXPENSES | 13,972 | 11,790 | 41,135 | 34,241 |
OPERATING INCOME | 1,025 | 864 | 3,456 | 3,145 |
OTHER INCOME (EXPENSE): | ||||
Interest, net | (122) | (81) | (354) | (218) |
Other, net | (4) | (1) | 17 | (6) |
OTHER INCOME (EXPENSE) | (126) | (82) | (337) | (224) |
INCOME BEFORE INCOME TAXES | 899 | 782 | 3,119 | 2,921 |
PROVISION FOR INCOME TAXES | 337 | 275 | 1,142 | 1,031 |
NET INCOME | $ 562 | $ 507 | $ 1,977 | $ 1,890 |
EARNINGS PER COMMON SHARE: | ||||
Basic | $ 2.11 | $ 1.86 | $ 7.43 | $ 6.79 |
Diluted | 2.07 | 1.84 | 7.31 | 6.71 |
DIVIDENDS DECLARED PER COMMON SHARE | $ 0.40 | $ 0.25 | $ 1.60 | $ 1.00 |
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- Definition Rental expense for leased assets including aircraft, vehicles, equipment and facilities; as well as fees paid to an airport or other governmental agency for each aircraft landing. No definition available.
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- Definition Aggregate dividends declared during the period for each share of common stock outstanding. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The aggregate costs of keeping the property in good condition but that do not appreciably prolong the life or increase the value of the property. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Total costs of sales and operating expenses for the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The aggregate expense recognized in the current period that allocates the cost of tangible assets, intangible assets, or depleting assets to periods that benefit from use of the assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- References No definition available.
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- Definition The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Fuel costs incurred that are directly related to goods produced and sold and services rendered during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of income (loss) from continuing operations before deduction of income tax expense (benefit) and income (loss) attributable to noncontrolling interest, and addition of income (loss) from equity method investments. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- References No definition available.
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- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The net amount of nonoperating interest income (expense). No definition available.
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- Definition The aggregate amount of expenditures for salaries, wages, profit sharing and incentive compensation, and other employee benefits, including equity-based compensation, and pension and other postretirement benefit expense. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The aggregate amount of income or expense from ancillary business-related activities (that is to say, excluding major activities considered part of the normal operations of the business). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- References No definition available.
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- References No definition available.
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- Definition The net result for the period of deducting operating expenses from operating revenues. No definition available.
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- Definition The total amount of other operating cost and expense items that are associated with the entity's normal revenue producing operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of income (expense) related to nonoperating activities, classified as other. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Cost incurred during the reporting period in transporting goods and services to customers. Includes freight-out costs. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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