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Business Segment Information - Schedule of Segment Information (Details) - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
May 31, 2018
Feb. 28, 2018
[1]
Nov. 30, 2017
[1]
Aug. 31, 2017
[1]
May 31, 2017
Feb. 28, 2017
[2]
Nov. 30, 2016
[2]
Aug. 31, 2016
[2]
May 31, 2018
May 31, 2017
May 31, 2016
Segment Reporting Information [Line Items]                      
Revenues $ 17,314 [1] $ 16,526 $ 16,313 $ 15,297 $ 15,728 [2] $ 14,997 $ 14,931 $ 14,663 $ 65,450 [3] $ 60,319 [3] $ 50,365 [3]
Depreciation and amortization                 3,095 2,995 2,631
Operating income 1,490 [1] $ 1,001 $ 1,262 $ 1,117 1,581 [2] $ 1,025 $ 1,167 $ 1,264 4,870 [4] 5,037 [5] 3,077 [6]
Segment assets [7] 52,330       48,552       52,330 48,552 45,959
Capital expenditures                 5,663 5,116 4,818
FedEx Express Segment [Member]                      
Segment Reporting Information [Line Items]                      
Revenues                 36,172 33,824 25,553
Depreciation and amortization                 1,679 1,662 1,377
Operating income                 2,578 [4] 2,769 [5] 2,485 [6]
Segment assets [7] 31,753       31,307       31,753 31,307 20,798
Capital expenditures                 3,461 2,725 2,350
FedEx Ground Segment [Member]                      
Segment Reporting Information [Line Items]                      
Revenues                 18,395 16,503 15,051
Depreciation and amortization                 681 627 556
Operating income                 2,605 [4] 2,279 [5] 2,240 [6]
Segment assets [7] 15,458       12,969       15,458 12,969 11,407
Capital expenditures                 1,178 1,490 1,556
FedEx Freight Segment [Member]                      
Segment Reporting Information [Line Items]                      
Revenues                 6,812 6,070 5,825
Depreciation and amortization                 296 265 244
Operating income                 517 [4] 390 [5] 421 [6]
Segment assets [7] 7,389       6,527       7,389 6,527 6,104
Capital expenditures                 490 431 428
FedEx Services Segment [Member]                      
Segment Reporting Information [Line Items]                      
Revenues                 1,650 1,621 1,593
Depreciation and amortization                 382 371 384
Segment assets [7] 6,377       5,682       6,377 5,682 5,390
Capital expenditures                 477 416 432
Corporate, Other and Eliminations [Member]                      
Segment Reporting Information [Line Items]                      
Revenues [8]                 2,421 2,301 2,343
Depreciation and amortization [8]                 57 70 70
Operating income [8]                 (830) [4] (401) [5] (2,069) [6]
Segment assets [7],[8] $ (8,647)       $ (7,933)       (8,647) (7,933) 2,260
Capital expenditures                 $ 57 $ 54 $ 52
[1] The fourth quarter, third quarter, second quarter and first quarter of 2018 include $136 million, $106 million, $122 million and $112 million, respectively, of TNT Express integration expenses (including any restructuring charges). The fourth quarter of 2018 includes goodwill and other asset impairment charges related to FedEx Supply Chain of $380 million and a gain of $10 million related to the annual retirement plans MTM adjustment.
[2] The fourth quarter, third quarter, second quarter, and first quarter of 2017 include $124 million, $78 million, $58 million and $68 million, respectively, of TNT Express integration expenses and restructuring charges. The fourth quarter of 2017 includes $39 million of charges for legal reserves related to certain pending CBP matters involving FedEx Trade Networks, $22 million of charges in connection with the settlement of and certain expected losses relating to independent contractor litigation matters at FedEx Ground and $24 million related to the retirement plans MTM gain.
[3] International revenue includes shipments that either originate in or are destined to locations outside the United States, which could include U.S. payors. 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.
[4] Includes TNT Express integration expenses and restructuring charges of $477 million and a gain of $10 million associated with our annual MTM retirement plans accounting adjustment. These expenses are included in “Corporate, other and eliminations” and the FedEx Express segment. Also includes goodwill and other asset impairment charges of $380 million.
[5] Includes TNT Express integration expenses and restructuring charges of $327 million and a gain of $24 million associated with our MTM retirement plans accounting. These expenses are included in “Corporate, other and eliminations” and the FedEx Express segment. Also includes $39 million of charges for legal reserves related to certain pending U.S. Customs and Border Protection (“CBP”) matters involving FedEx Trade Networks and $22 million of charges in connection with the settlement of and certain expected losses relating to independent contractor litigation matters at FedEx Ground. See Note 18 below for additional information.
[6] Includes a $1.5 billion loss associated with our MTM retirement plans accounting. Also 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 involving FedEx Trade Networks in the amount of $69 million, in each case net of recognized immaterial insurance recovery, and transaction and integration-planning expenses related to our TNT Express acquisition of $113 million.
[7] Segment assets include intercompany receivables.
[8] Includes TNT Express’s assets and immaterial financial results for 2016 from the time of acquisition (May 25, 2016).