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Retirement Plans
6 Months Ended
Nov. 30, 2014
Retirement Plans [Abstract]  
Retirement Plans

(3) Retirement Plans

 

We sponsor or participate in programs that provide retirement benefits to most of our employees. These programs include defined benefit pension plans, defined contribution plans and postretirement healthcare plans. A majority of our employees are covered by the FedEx Corporation Employees' Pension Plan (“FedEx Plan”), a defined benefit pension plan sponsored by FedEx. Defined contribution plans are in place covering a majority of U.S. employees and certain international employees. We also sponsor or participate in nonqualified benefit plans covering certain of our U.S. employee groups and other pension plans covering certain of our international employees. For more information, refer to the financial statements of FedEx included in its Form 10-Q for the quarter ended November 30, 2014 and in our Annual Report.

 

Our retirement plans costs for the periods ended November 30 were as follows (in millions):   
 
   Three Months Ended Six Months Ended
   2014 2013 2014 2013
Pension plans sponsored by FedEx $ 24 $ 67 $ 48 $ 134
Other U.S. domestic and international pension plans   14   14   28   27
U.S. domestic and international defined contribution plans   60   57   121   115
U.S. domestic and international postretirement healthcare plans   15   16   31   31
              
   $ 113 $ 154 $ 228 $ 307

The components of the net periodic benefit cost of the pension and postretirement healthcare plans currently sponsored by us were individually immaterial for all periods presented. No material contributions were made during the first half of 2015 or 2014 to pension plans sponsored by us, and we do not expect to make material contributions in 2015.