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General (Tables)
 9 Months Ended
Feb. 28, 2021
Accounting Policies [Abstract]  
Schedule of Revenue by Service Type

The following table provides revenue by service type (in millions) for the periods ended February 28, 2021 and February 29, 2020. This presentation is consistent with how we organize our segments internally for making operating decisions and measuring performance.

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

2021

 

 

2020

 

 

2021

 

 

2020

 

REVENUE BY SERVICE TYPE

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

FedEx Express segment:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Package:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

U.S. overnight box

 

$

2,078

 

 

$

1,865

 

 

$

5,951

 

 

$

5,595

 

U.S. overnight envelope

 

 

444

 

 

 

459

 

 

 

1,305

 

 

 

1,395

 

U.S. deferred

 

 

1,418

 

 

 

1,127

 

 

 

3,718

 

 

 

3,063

 

Total U.S. domestic package revenue

 

 

3,940

 

 

 

3,451

 

 

 

10,974

 

 

 

10,053

 

International priority

 

 

2,596

 

 

 

1,710

 

 

 

7,423

 

 

 

5,344

 

International economy

 

 

653

 

 

 

810

 

 

 

1,927

 

 

 

2,538

 

Total international export package revenue

 

 

3,249

 

 

 

2,520

 

 

 

9,350

 

 

 

7,882

 

International domestic(1)

 

 

1,162

 

 

 

1,075

 

 

 

3,456

 

 

 

3,316

 

Total package revenue

 

 

8,351

 

 

 

7,046

 

 

 

23,780

 

 

 

21,251

 

Freight:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

U.S.

 

 

860

 

 

 

739

 

 

 

2,492

 

 

 

2,132

 

International priority

 

 

775

 

 

 

439

 

 

 

2,165

 

 

 

1,376

 

International economy

 

 

383

 

 

 

499

 

 

 

1,162

 

 

 

1,556

 

International airfreight

 

 

56

 

 

 

61

 

 

 

196

 

 

 

197

 

Total freight revenue

 

 

2,074

 

 

 

1,738

 

 

 

6,015

 

 

 

5,261

 

Other(2)

 

 

363

 

 

 

140

 

 

 

1,008

 

 

 

441

 

Total FedEx Express segment

 

 

10,788

 

 

 

8,924

 

 

 

30,803

 

 

 

26,953

 

FedEx Ground segment

 

 

7,980

 

 

 

5,845

 

 

 

22,364

 

 

 

16,339

 

FedEx Freight segment

 

 

1,836

 

 

 

1,738

 

 

 

5,598

 

 

 

5,487

 

FedEx Services segment

 

 

8

 

 

 

6

 

 

 

24

 

 

 

15

 

Other and eliminations(3)

 

 

898

 

 

 

974

 

 

 

2,605

 

 

 

3,065

 

 

 

$

21,510

 

 

$

17,487

 

 

$

61,394

 

 

$

51,859

 

 

(1)

International domestic revenue relates to our international intra-country operations.

 

(2)

Includes the operations of FedEx Custom Critical, Inc. (“FedEx Custom Critical”) and FedEx Cross Border Holdings, Inc. (“FedEx Cross Border”) for the periods ended February 28, 2021. Effective March 1, 2020 and June 1, 2020, respectively, the results of FedEx Custom Critical and FedEx Cross Border are included in the Federal Express Corporation (“FedEx Express”) segment prospectively.

 

(3)

Includes the FedEx Logistics, Inc. (“FedEx Logistics”) and FedEx Office and Print Services, Inc. (“FedEx Office”) operating segments, as well as the financial results of ShopRunner, Inc. (“ShopRunner”) beginning December 23, 2020.