2022 Q3 Form 10-K Financial Statement
#000095017022012762 Filed on July 18, 2022
Income Statement
Concept | 2022 Q3 | 2022 Q2 | 2022 |
---|---|---|---|
Revenue | $23.24B | $24.39B | $93.51B |
YoY Change | 5.63% | 8.11% | 11.38% |
Cost Of Revenue | $7.589B | $7.706B | $29.23B |
YoY Change | 13.81% | 17.36% | 19.05% |
Gross Profit | $15.65B | $16.69B | $64.28B |
YoY Change | 2.07% | 4.31% | 8.21% |
Gross Profit Margin | 67.35% | 68.41% | 68.74% |
Selling, General & Admin | $9.922B | $9.922B | $40.61B |
YoY Change | 1.47% | 0.88% | 6.64% |
% of Gross Profit | 63.39% | 59.46% | 63.18% |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $1.024B | $1.018B | $3.970B |
YoY Change | 5.46% | 4.41% | 4.67% |
% of Gross Profit | 6.54% | 6.1% | 6.18% |
Operating Expenses | $14.42B | $14.70B | $57.76B |
YoY Change | 3.99% | 4.31% | 8.1% |
Operating Profit | $1.191B | $1.984B | $6.245B |
YoY Change | -14.81% | 4.26% | 6.62% |
Interest Expense | -$142.0M | -$158.0M | $689.0M |
YoY Change | -11.25% | -15.05% | -13.11% |
% of Operating Profit | -11.92% | -7.96% | 11.03% |
Other Income/Expense, Net | -$37.00M | -$1.082B | -$1.349B |
YoY Change | -116.89% | -177.56% | -265.12% |
Pretax Income | $1.154B | $684.0M | $4.896B |
YoY Change | -20.8% | -73.82% | -26.64% |
Income Tax | $279.0M | $126.0M | $1.070B |
% Of Pretax Income | 24.18% | 18.42% | 21.85% |
Net Earnings | $875.0M | $558.0M | $3.826B |
YoY Change | -21.31% | -70.13% | -26.86% |
Net Earnings / Revenue | 3.76% | 2.29% | 4.09% |
Basic Earnings Per Share | $3.37 | $14.54 | |
Diluted Earnings Per Share | $3.33 | $2.146M | $14.33 |
COMMON SHARES | |||
Basic Shares Outstanding | 259.8M | 263.0M | |
Diluted Shares Outstanding | 262.0M | 266.0M |
Balance Sheet
Concept | 2022 Q3 | 2022 Q2 | 2022 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $6.850B | $6.897B | $6.897B |
YoY Change | -0.04% | -2.68% | -2.68% |
Cash & Equivalents | $6.850B | $6.897B | $6.897B |
Short-Term Investments | |||
Other Short-Term Assets | $1.054B | $968.0M | $968.0M |
YoY Change | 6.36% | 15.65% | 15.65% |
Inventory | $647.0M | $637.0M | $637.0M |
Prepaid Expenses | |||
Receivables | $11.06B | $11.86B | $11.86B |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $19.61B | $20.37B | $20.37B |
YoY Change | 0.31% | -1.04% | -1.04% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $38.81B | $38.09B | $54.70B |
YoY Change | -25.22% | 6.54% | 6.98% |
Goodwill | $6.316B | $6.544B | |
YoY Change | -6.41% | ||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $3.879B | $4.381B | $4.080B |
YoY Change | 3.06% | 7.64% | 8.86% |
Total Long-Term Assets | $66.22B | $65.63B | $65.63B |
YoY Change | 5.95% | 5.52% | 5.52% |
TOTAL ASSETS | |||
Total Short-Term Assets | $19.61B | $20.37B | $20.37B |
Total Long-Term Assets | $66.22B | $65.63B | $65.63B |
Total Assets | $85.83B | $85.99B | $85.99B |
YoY Change | 4.6% | 3.89% | 3.89% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $4.167B | $4.030B | $4.030B |
YoY Change | 9.03% | 4.92% | 4.92% |
Accrued Expenses | $4.726B | $5.188B | $10.16B |
YoY Change | -47.27% | 13.72% | 5.06% |
Deferred Revenue | $14.00M | $8.000M | |
YoY Change | 27.27% | -11.11% | |
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | $139.0M | $82.00M | $82.00M |
YoY Change | 11.2% | -43.84% | -43.84% |
Total Short-Term Liabilities | $13.77B | $14.27B | $14.27B |
YoY Change | 6.62% | 4.49% | 4.49% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $19.92B | $20.18B | $20.18B |
YoY Change | -3.09% | -2.66% | -2.66% |
Other Long-Term Liabilities | $654.0M | $682.0M | $22.51B |
YoY Change | -96.78% | -30.62% | 10.93% |
Total Long-Term Liabilities | $654.0M | $682.0M | $42.69B |
YoY Change | -98.4% | -30.62% | 4.06% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $13.77B | $14.27B | $14.27B |
Total Long-Term Liabilities | $654.0M | $682.0M | $42.69B |
Total Liabilities | $14.42B | $14.96B | $61.06B |
YoY Change | -75.02% | 2.14% | 4.17% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | $33.06B | $32.78B | |
YoY Change | 9.94% | ||
Common Stock | $3.783B | $3.744B | |
YoY Change | 6.58% | ||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | $10.39B | $10.48B | |
YoY Change | 24.37% | ||
Treasury Stock Shares | |||
Shareholders Equity | $25.14B | $24.94B | $24.94B |
YoY Change | |||
Total Liabilities & Shareholders Equity | $85.83B | $85.99B | $85.99B |
YoY Change | 4.6% | 3.89% | 3.89% |
Cashflow Statement
Concept | 2022 Q3 | 2022 Q2 | 2022 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $875.0M | $558.0M | $3.826B |
YoY Change | -21.31% | -70.13% | -26.86% |
Depreciation, Depletion And Amortization | $1.024B | $1.018B | $3.970B |
YoY Change | 5.46% | 4.41% | 4.67% |
Cash From Operating Activities | $1.607B | $3.502B | $9.832B |
YoY Change | -22.89% | 27.67% | -2.99% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$1.284B | -$2.384B | -$6.763B |
YoY Change | -18.22% | 41.74% | 14.94% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | -$25.00M | $21.00M | -$53.00M |
YoY Change | -225.0% | 90.91% | -57.94% |
Cash From Investing Activities | -$1.309B | -$2.363B | -$6.816B |
YoY Change | -15.55% | 41.41% | 13.41% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | $299.0M | $793.0M | |
YoY Change | 49.5% | 15.6% | |
Common Stock Issuance & Retirement, Net | $2.200B | ||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | -247.0M | -211.0M | -3.019B |
YoY Change | -66.16% | -92.75% | 44.45% |
NET CHANGE | |||
Cash From Operating Activities | 1.607B | 3.502B | 9.832B |
Cash From Investing Activities | -1.309B | -2.363B | -6.816B |
Cash From Financing Activities | -247.0M | -211.0M | -3.019B |
Net Change In Cash | -47.00M | 928.0M | -190.0M |
YoY Change | -79.91% | -150.46% | -108.61% |
FREE CASH FLOW | |||
Cash From Operating Activities | $1.607B | $3.502B | $9.832B |
Capital Expenditures | -$1.284B | -$2.384B | -$6.763B |
Free Cash Flow | $2.891B | $5.886B | $16.60B |
YoY Change | -20.88% | 33.02% | 3.6% |
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CY2021Q2 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-732000000 | |
CY2022Q2 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
10484000000 | |
CY2021Q2 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
8430000000 | |
CY2022Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
24939000000 | |
CY2021Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
24168000000 | |
CY2022Q2 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
85994000000 | |
CY2021Q2 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
82777000000 | |
CY2021 | fdx |
Rentals And Landing Fees
RentalsAndLandingFees
|
4155000000 | |
CY2020 | fdx |
Rentals And Landing Fees
RentalsAndLandingFees
|
3712000000 | |
CY2021 | us-gaap |
Labor And Related Expense
LaborAndRelatedExpense
|
30173000000 | |
CY2022 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
3970000000 | |
CY2022 | fdx |
Business Realignment Costs
BusinessRealignmentCosts
|
278000000 | |
CY2021 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
3793000000 | |
CY2020 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
3615000000 | |
CY2020 | us-gaap |
Labor And Related Expense
LaborAndRelatedExpense
|
25031000000 | |
CY2022 | fdx |
Purchased Transportation Costs
PurchasedTransportationCosts
|
24118000000 | |
CY2021 | fdx |
Purchased Transportation Costs
PurchasedTransportationCosts
|
21674000000 | |
CY2020 | fdx |
Purchased Transportation Costs
PurchasedTransportationCosts
|
17466000000 | |
CY2022 | fdx |
Rentals And Landing Fees
RentalsAndLandingFees
|
4712000000 | |
CY2022 | us-gaap |
Fuel Costs
FuelCosts
|
5115000000 | |
CY2021 | us-gaap |
Fuel Costs
FuelCosts
|
2882000000 | |
CY2020 | us-gaap |
Fuel Costs
FuelCosts
|
3156000000 | |
CY2022 | us-gaap |
Cost Of Property Repairs And Maintenance
CostOfPropertyRepairsAndMaintenance
|
3372000000 | |
CY2021 | us-gaap |
Cost Of Property Repairs And Maintenance
CostOfPropertyRepairsAndMaintenance
|
3328000000 | |
CY2020 | us-gaap |
Cost Of Property Repairs And Maintenance
CostOfPropertyRepairsAndMaintenance
|
2893000000 | |
CY2021 | fdx |
Business Realignment Costs
BusinessRealignmentCosts
|
116000000 | |
CY2020 | us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
435000000 | |
CY2022 | us-gaap |
Other Cost And Expense Operating
OtherCostAndExpenseOperating
|
13644000000 | |
CY2021 | us-gaap |
Other Cost And Expense Operating
OtherCostAndExpenseOperating
|
11981000000 | |
CY2020 | us-gaap |
Other Cost And Expense Operating
OtherCostAndExpenseOperating
|
10492000000 | |
CY2022 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
87267000000 | |
CY2021 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
78102000000 | |
CY2020 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
66800000000 | |
CY2022 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
6245000000 | |
CY2021 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
5857000000 | |
CY2020 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
2417000000 | |
CY2022 | us-gaap |
Interest Expense
InterestExpense
|
689000000 | |
CY2021 | us-gaap |
Interest Expense
InterestExpense
|
793000000 | |
CY2020 | us-gaap |
Interest Expense
InterestExpense
|
672000000 | |
CY2022 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
53000000 | |
CY2021 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
52000000 | |
CY2020 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
55000000 | |
CY2022 | us-gaap |
Net Periodic Defined Benefits Expense Reversal Of Expense Excluding Service Cost Component
NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent
|
726000000 | |
CY2021 | us-gaap |
Net Periodic Defined Benefits Expense Reversal Of Expense Excluding Service Cost Component
NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent
|
-1983000000 | |
CY2020 | us-gaap |
Net Periodic Defined Benefits Expense Reversal Of Expense Excluding Service Cost Component
NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent
|
122000000 | |
CY2021 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
-393000000 | |
CY2022 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
13000000 | |
CY2021 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-32000000 | |
CY2020 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-9000000 | |
CY2022 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-1349000000 | |
CY2021 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
817000000 | |
CY2020 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-748000000 | |
CY2022 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
4896000000 | |
CY2021 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
19.45 | |
CY2021 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
6674000000 | |
CY2020 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
1669000000 | |
CY2022 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
1070000000 | |
CY2021 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
|
13000000 | |
CY2020 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
|
-18000000 | |
CY2021 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
1443000000 | |
CY2020 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
383000000 | |
CY2022 | us-gaap |
Net Income Loss
NetIncomeLoss
|
3826000000 | |
CY2021 | us-gaap |
Net Income Loss
NetIncomeLoss
|
5231000000 | |
CY2020 | us-gaap |
Net Income Loss
NetIncomeLoss
|
1286000000 | |
CY2022 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
14.54 | |
CY2021 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
19.79 | |
CY2020 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
4.92 | |
CY2022 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
14.33 | |
CY2020 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
4.90 | |
CY2022 | us-gaap |
Net Income Loss
NetIncomeLoss
|
3826000000 | |
CY2021 | us-gaap |
Net Income Loss
NetIncomeLoss
|
5231000000 | |
CY2020 | us-gaap |
Net Income Loss
NetIncomeLoss
|
1286000000 | |
CY2022 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
|
-17000000 | |
CY2022 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-363000000 | |
CY2021 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
422000000 | |
CY2020 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-254000000 | |
CY2022 | us-gaap |
Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditTax
|
2000000 | |
CY2021 | us-gaap |
Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditTax
|
3000000 | |
CY2020 | us-gaap |
Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditTax
|
25000000 | |
CY2022 | us-gaap |
Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Net Of Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax
|
-8000000 | |
CY2021 | us-gaap |
Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Net Of Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax
|
-7000000 | |
CY2020 | us-gaap |
Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Net Of Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax
|
-79000000 | |
CY2022 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
-371000000 | |
CY2021 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
415000000 | |
CY2020 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
-333000000 | |
CY2022 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
3455000000 | |
CY2021 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
5646000000 | |
CY2020 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
953000000 | |
CY2022 | us-gaap |
Profit Loss
ProfitLoss
|
3826000000 | |
CY2021 | us-gaap |
Profit Loss
ProfitLoss
|
5231000000 | |
CY2020 | us-gaap |
Profit Loss
ProfitLoss
|
1286000000 | |
CY2022 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
3970000000 | |
CY2021 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
3793000000 | |
CY2020 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
3615000000 | |
CY2022 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
403000000 | |
CY2021 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
577000000 | |
CY2020 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
442000000 | |
CY2022 | fdx |
Other Noncash Items Including Leases And Deferred Income Tax
OtherNoncashItemsIncludingLeasesAndDeferredIncomeTax
|
2931000000 | |
CY2021 | fdx |
Other Noncash Items Including Leases And Deferred Income Tax
OtherNoncashItemsIncludingLeasesAndDeferredIncomeTax
|
2887000000 | |
CY2020 | fdx |
Other Noncash Items Including Leases And Deferred Income Tax
OtherNoncashItemsIncludingLeasesAndDeferredIncomeTax
|
2449000000 | |
CY2022 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
190000000 | |
CY2020 | fdx |
Increase Decrease In Pension And Postretirement Healthcare Assets And Liabilities Net
IncreaseDecreaseInPensionAndPostretirementHealthcareAssetsAndLiabilitiesNet
|
-908000000 | |
CY2021 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
200000000 | |
CY2020 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
168000000 | |
CY2022 | fdx |
Increase Decrease In Pension And Postretirement Healthcare Assets And Liabilities Net
IncreaseDecreaseInPensionAndPostretirementHealthcareAssetsAndLiabilitiesNet
|
-697000000 | |
CY2021 | fdx |
Increase Decrease In Pension And Postretirement Healthcare Assets And Liabilities Net
IncreaseDecreaseInPensionAndPostretirementHealthcareAssetsAndLiabilitiesNet
|
-317000000 | |
CY2022 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-190000000 | |
CY2022 | fdx |
Retirement Plans Mark To Market Adjustment
RetirementPlansMarkToMarketAdjustment
|
1578000000 | |
CY2021 | fdx |
Retirement Plans Mark To Market Adjustment
RetirementPlansMarkToMarketAdjustment
|
-1176000000 | |
CY2020 | fdx |
Retirement Plans Mark To Market Adjustment
RetirementPlansMarkToMarketAdjustment
|
794000000 | |
CY2021 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
-393000000 | |
CY2022 | fdx |
Business Realignment Costs Non Cash Portion
BusinessRealignmentCostsNonCashPortion
|
53000000 | |
CY2021 | fdx |
Business Realignment Costs Non Cash Portion
BusinessRealignmentCostsNonCashPortion
|
102000000 | |
CY2020 | us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
435000000 | |
CY2022 | us-gaap |
Increase Decrease In Receivables
IncreaseDecreaseInReceivables
|
310000000 | |
CY2021 | us-gaap |
Increase Decrease In Receivables
IncreaseDecreaseInReceivables
|
1389000000 | |
CY2020 | us-gaap |
Increase Decrease In Receivables
IncreaseDecreaseInReceivables
|
1331000000 | |
CY2022 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
158000000 | |
CY2021 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
40000000 | |
CY2020 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
59000000 | |
CY2022 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-1861000000 | |
CY2021 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
71000000 | |
CY2020 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-1787000000 | |
CY2022 | us-gaap |
Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
|
93000000 | |
CY2021 | us-gaap |
Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
|
197000000 | |
CY2020 | us-gaap |
Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
|
7000000 | |
CY2022 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
9832000000 | |
CY2021 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
10135000000 | |
CY2020 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
5097000000 | |
CY2022 | us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
6763000000 | |
CY2021 | us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
5884000000 | |
CY2020 | us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
5868000000 | |
CY2021 | us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
228000000 | |
CY2022 | us-gaap |
Payments To Acquire Investments
PaymentsToAcquireInvestments
|
147000000 | |
CY2022 | fdx |
Payments For Proceeds From Asset Dispositions And Other
PaymentsForProceedsFromAssetDispositionsAndOther
|
-94000000 | |
CY2021 | fdx |
Payments For Proceeds From Asset Dispositions And Other
PaymentsForProceedsFromAssetDispositionsAndOther
|
-102000000 | |
CY2020 | fdx |
Payments For Proceeds From Asset Dispositions And Other
PaymentsForProceedsFromAssetDispositionsAndOther
|
-22000000 | |
CY2022 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-6816000000 | |
CY2021 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-6010000000 | |
CY2020 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-5846000000 | |
CY2022 | us-gaap |
Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
|
161000000 | |
CY2021 | us-gaap |
Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
|
6318000000 | |
CY2020 | us-gaap |
Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
|
2548000000 | |
CY2021 | us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
4212000000 | |
CY2020 | us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
6556000000 | |
CY2022 | us-gaap |
Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
|
184000000 | |
CY2021 | us-gaap |
Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
|
740000000 | |
CY2020 | us-gaap |
Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
|
64000000 | |
CY2022 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
793000000 | |
CY2020Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
4881000000 | |
CY2019Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
17757000000 | |
CY2021 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
686000000 | |
CY2020 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
679000000 | |
CY2020 | us-gaap |
Net Income Loss
NetIncomeLoss
|
1286000000 | |
CY2020 | us-gaap |
Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
|
-43000000 | |
CY2022 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
2248000000 | |
CY2020 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
3000000 | |
CY2022 | us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
-1000000 | |
CY2021 | us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
-38000000 | |
CY2020 | us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
-9000000 | |
CY2022 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-3019000000 | |
CY2021 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-2090000000 | |
CY2020 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
3381000000 | |
CY2022 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
-187000000 | |
CY2021 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
171000000 | |
CY2021 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
2206000000 | |
CY2020 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
2562000000 | |
CY2020 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
-70000000 | |
CY2021Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
7087000000 | |
CY2020Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
4881000000 | |
CY2019Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
2319000000 | |
CY2022Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
6897000000 | |
CY2021Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
7087000000 | |
CY2020 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
-333000000 | |
CY2020 | us-gaap |
Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
|
20000.00 | |
CY2020 | us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
3000000 | |
CY2020 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
2.60 | |
CY2020 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
679000000 | |
CY2020 | us-gaap |
Stock Issued During Period Shares Share Based Compensation
StockIssuedDuringPeriodSharesShareBasedCompensation
|
1000000.0 | |
CY2020 | fdx |
Employee Incentive Plans And Other Net Of Forfeitures
EmployeeIncentivePlansAndOtherNetOfForfeitures
|
220000000 | |
CY2020Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
18295000000 | |
CY2021 | us-gaap |
Net Income Loss
NetIncomeLoss
|
5231000000 | |
CY2021 | us-gaap |
Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
|
10000000 | |
CY2021 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
415000000 | |
CY2021 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
2.60 | |
CY2021 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
686000000 | |
CY2021 | us-gaap |
Stock Issued During Period Shares Share Based Compensation
StockIssuedDuringPeriodSharesShareBasedCompensation
|
5400000 | |
CY2021 | fdx |
Employee Incentive Plans And Other Net Of Forfeitures
EmployeeIncentivePlansAndOtherNetOfForfeitures
|
913000000 | |
CY2021Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
24168000000 | |
CY2022 | us-gaap |
Net Income Loss
NetIncomeLoss
|
3826000000 | |
CY2022 | us-gaap |
Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
|
-19000000 | |
CY2022 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
-371000000 | |
CY2022 | us-gaap |
Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
|
8900000 | |
CY2022 | us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
2248000000 | |
CY2022 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
3.00 | |
CY2022 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
793000000 | |
CY2022 | us-gaap |
Stock Issued During Period Shares Share Based Compensation
StockIssuedDuringPeriodSharesShareBasedCompensation
|
1400000 | |
CY2022 | fdx |
Employee Incentive Plans And Other Net Of Forfeitures
EmployeeIncentivePlansAndOtherNetOfForfeitures
|
357000000 | |
CY2022Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
24939000000 | |
CY2022 | us-gaap |
Fiscal Period
FiscalPeriod
|
<span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;font-style:italic;min-width:fit-content;">FISCAL YEARS</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;min-width:fit-content;">. Except as otherwise specified, references to years indicate our fiscal year ended May 31, 2022 or ended May 31 of the year referenced.</span> | |
CY2022Q2 | us-gaap |
Contract With Customer Asset Gross
ContractWithCustomerAssetGross
|
861000000 | |
CY2021Q2 | us-gaap |
Contract With Customer Asset Gross
ContractWithCustomerAssetGross
|
715000000 | |
CY2022Q2 | us-gaap |
Contract With Customer Asset Net
ContractWithCustomerAssetNet
|
623000000 | |
CY2021Q2 | us-gaap |
Contract With Customer Asset Net
ContractWithCustomerAssetNet
|
572000000 | |
CY2022Q2 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
8000000 | |
CY2021Q2 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
9000000 | |
CY2022 | us-gaap |
Revenue Performance Obligation Description Of Payment Terms
RevenuePerformanceObligationDescriptionOfPaymentTerms
|
Under the typical payment terms of our customer contracts, the customer pays at periodic intervals (e.g., every 15 days, 30 days, 45 days, etc.) for shipments included on invoices received. It is not customary business practice to extend payment terms past 90 days, and as such, we do not have a practice of including a significant financing component within our revenue contracts with customers. | |
CY2022 | us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;font-style:italic;min-width:fit-content;">CREDIT RISK.</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;min-width:fit-content;"> We routinely grant credit to many of our customers for transportation and business services without collateral. The risk of credit loss in our trade receivables is substantially mitigated by our credit evaluation process, short collection terms, and sales to a large number of customers, as well as the low revenue per transaction for most of our services. Allowances for potential credit losses are determined based on historical experience and the impact of current economic conditions. Historically, credit losses have been within management’s expectations.</span> | |
CY2022 | us-gaap |
Marketing And Advertising Expense
MarketingAndAdvertisingExpense
|
470000000 | |
CY2021 | us-gaap |
Marketing And Advertising Expense
MarketingAndAdvertisingExpense
|
428000000 | |
CY2020 | us-gaap |
Marketing And Advertising Expense
MarketingAndAdvertisingExpense
|
427000000 | |
CY2022 | fdx |
Depreciable Life Range For Majority Of Aircraft Cost
DepreciableLifeRangeForMajorityOfAircraftCost
|
15 to 30 years | |
CY2022 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
4000000000.0 | |
CY2021 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
3800000000 | |
CY2020 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
3600000000 | |
CY2020 | fdx |
Impairment Of Long Lived Assets To Be Disposed Of Net Of Tax
ImpairmentOfLongLivedAssetsToBeDisposedOfNetOfTax
|
50000000 | |
CY2020 | fdx |
Impairment Of Long Lived Assets To Be Disposed Of Net Of Tax Per Diluted Share
ImpairmentOfLongLivedAssetsToBeDisposedOfNetOfTaxPerDilutedShare
|
0.19 | |
CY2022 | us-gaap |
Interest Costs Capitalized
InterestCostsCapitalized
|
62000000 | |
CY2021 | us-gaap |
Interest Costs Capitalized
InterestCostsCapitalized
|
68000000 | |
CY2020 | us-gaap |
Interest Costs Capitalized
InterestCostsCapitalized
|
54000000 | |
CY2020 | fdx |
Number Of Aircraft To Be Permanently Retired From Service
NumberOfAircraftToBePermanentlyRetiredFromService
|
10 | |
CY2020 | fdx |
Number Of Aircraft Engines To Be Permanently Retired From Service
NumberOfAircraftEnginesToBePermanentlyRetiredFromService
|
12 | |
CY2020 | us-gaap |
Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
|
66000000 | |
CY2022Q2 | fdx |
Number Of Idle Aircraft
NumberOfIdleAircraft
|
8 | |
CY2022 | fdx |
Aircrafts Idle Term
AircraftsIdleTerm
|
an average of 24 months | |
CY2022Q2 | us-gaap |
Derivative Instruments In Hedges At Fair Value Net
DerivativeInstrumentsInHedgesAtFairValueNet
|
107000000 | |
CY2021 | fdx |
Business Realignment Costs Per Diluted Share
BusinessRealignmentCostsPerDilutedShare
|
0.33 | |
CY2022 | us-gaap |
Payments For Postemployment Benefits
PaymentsForPostemploymentBenefits
|
225000000 | |
CY2022 | us-gaap |
Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
|
8900000 | |
CY2022 | us-gaap |
Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
|
253.85 | |
CY2022 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
2200000000 | |
CY2020 | us-gaap |
Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
|
20000.00 | |
CY2020 | us-gaap |
Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
|
156.90 | |
CY2020 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
3000000 | |
CY2021Q1 | us-gaap |
Restructuring And Related Cost Expected Number Of Positions Eliminated
RestructuringAndRelatedCostExpectedNumberOfPositionsEliminated
|
5000 | |
CY2022 | fdx |
Restructuring Plan Execution Year
RestructuringPlanExecutionYear
|
2023 | |
CY2022 | fdx |
Business Realignment Costs
BusinessRealignmentCosts
|
278000000 | |
CY2022 | fdx |
Business Realignment Costs Net Of Tax
BusinessRealignmentCostsNetOfTax
|
214000000 | |
CY2022 | fdx |
Business Realignment Costs Per Diluted Share
BusinessRealignmentCostsPerDilutedShare
|
0.80 | |
CY2021 | fdx |
Business Realignment Costs
BusinessRealignmentCosts
|
116000000 | |
CY2021 | fdx |
Business Realignment Costs Net Of Tax
BusinessRealignmentCostsNetOfTax
|
90000000 | |
CY2020Q2 | us-gaap |
Goodwill Gross
GoodwillGross
|
8414000000 | |
CY2020Q2 | us-gaap |
Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
|
2042000000 | |
CY2020Q2 | us-gaap |
Goodwill
Goodwill
|
6372000000 | |
CY2021Q2 | us-gaap |
Goodwill
Goodwill
|
6992000000 | |
CY2021 | us-gaap |
Payments For Postemployment Benefits
PaymentsForPostemploymentBenefits
|
15000000 | |
CY2022 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<p style="text-indent:0.0%;font-size:10.0pt;margin-top:9.0pt;line-height:1.15;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;font-style:italic;min-width:fit-content;">USE OF ESTIMATES</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;min-width:fit-content;">. The preparation of our consolidated financial statements requires the use of estimates and assumptions that affect the reported amounts of assets and liabilities, the reported amounts of revenue and expenses, and the disclosure of contingent liabilities. Management makes its best estimate of the ultimate outcome for these items based on historical trends and other information available when the financial statements are prepared. Changes in estimates are recognized in accordance with the accounting rules for the estimate, which is typically in the period when new information becomes available to management. Areas where the nature of the estimate makes it reasonably possible that actual results could materially differ from amounts estimated include: self-insurance accruals; retirement plan obligations; long-term incentive accruals; tax liabilities; loss contingencies; litigation claims; impairment assessments on long-lived assets (including goodwill) that rely on projections of future cash flows; and purchase price allocations.</span></p> | |
CY2022 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
403000000 | |
CY2021 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
577000000 | |
CY2020 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
442000000 | |
CY2022Q2 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
340000000 | |
CY2021Q2 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
358000000 | |
CY2021 | us-gaap |
Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
|
161000000 | |
CY2021 | us-gaap |
Goodwill Other Increase Decrease
GoodwillOtherIncreaseDecrease
|
459000000 | |
CY2021 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
49000000 | |
CY2020 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
66000000 | |
CY2022 | us-gaap |
Goodwill Other Increase Decrease
GoodwillOtherIncreaseDecrease
|
-448000000 | |
CY2022Q2 | us-gaap |
Goodwill
Goodwill
|
6544000000 | |
CY2022Q2 | us-gaap |
Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
|
2042000000 | |
CY2022Q2 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
682000000 | |
CY2022Q2 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
381000000 | |
CY2022Q2 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
301000000 | |
CY2021Q2 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
657000000 | |
CY2021Q2 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
335000000 | |
CY2021Q2 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
322000000 | |
CY2022 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
52000000 | |
CY2022Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
|
52000000 | |
CY2022Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
|
51000000 | |
CY2022Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
|
50000000 | |
CY2022Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
|
50000000 | |
CY2022Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
|
48000000 | |
CY2022Q2 | us-gaap |
Accrued Salaries Current
AccruedSalariesCurrent
|
751000000 | |
CY2021Q2 | us-gaap |
Accrued Salaries Current
AccruedSalariesCurrent
|
626000000 | |
CY2022Q2 | us-gaap |
Accrued Employee Benefits Current
AccruedEmployeeBenefitsCurrent
|
834000000 | |
CY2021Q2 | us-gaap |
Accrued Employee Benefits Current
AccruedEmployeeBenefitsCurrent
|
1350000000 | |
CY2022Q2 | us-gaap |
Accrued Vacation Current
AccruedVacationCurrent
|
946000000 | |
CY2021Q2 | us-gaap |
Accrued Vacation Current
AccruedVacationCurrent
|
927000000 | |
CY2022Q2 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
2531000000 | |
CY2021Q2 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
2903000000 | |
CY2022Q2 | us-gaap |
Accrued Insurance Current
AccruedInsuranceCurrent
|
1646000000 | |
CY2021Q2 | us-gaap |
Accrued Insurance Current
AccruedInsuranceCurrent
|
1193000000 | |
CY2022Q2 | us-gaap |
Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
|
532000000 | |
CY2021Q2 | us-gaap |
Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
|
637000000 | |
CY2022Q2 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
3010000000 | |
CY2021Q2 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
2732000000 | |
CY2022Q2 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
5188000000 | |
CY2021Q2 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
4562000000 | |
CY2022Q2 | us-gaap |
Finance Lease Liability
FinanceLeaseLiability
|
468000000 | |
CY2021 | us-gaap |
Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
|
199000000 | |
CY2022Q2 | fdx |
Long Term Debt Including Current Maturities Fair Value
LongTermDebtIncludingCurrentMaturitiesFairValue
|
18800000000 | |
CY2021Q2 | fdx |
Long Term Debt Including Current Maturities Fair Value
LongTermDebtIncludingCurrentMaturitiesFairValue
|
23100000000 | |
CY2022Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
|
1998000000 | |
CY2022Q2 | us-gaap |
Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
|
22000000 | |
CY2021Q2 | us-gaap |
Finance Lease Liability
FinanceLeaseLiability
|
525000000 | |
CY2022Q2 | fdx |
Lessee Operating Lease And Finance Lease Liability Payments Due Year Four
LesseeOperatingLeaseAndFinanceLeaseLiabilityPaymentsDueYearFour
|
2020000000 | |
CY2022Q2 | fdx |
Number Of Boeing Aircraft
NumberOfBoeingAircraft
|
19 | |
CY2022Q2 | fdx |
Net Book Valve Of Collateralized Boeing Aircraft
NetBookValveOfCollateralizedBoeingAircraft
|
1800000000 | |
CY2022Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
|
1754000000 | |
CY2022Q2 | us-gaap |
Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
|
21000000 | |
CY2022Q2 | fdx |
Debt And Finance Lease Obligations
DebtAndFinanceLeaseObligations
|
20264000000 | |
CY2021Q2 | fdx |
Debt And Finance Lease Obligations
DebtAndFinanceLeaseObligations
|
20879000000 | |
CY2022Q2 | fdx |
Long Term Debt And Finance Lease Obligations Current
LongTermDebtAndFinanceLeaseObligationsCurrent
|
82000000 | |
CY2021Q2 | fdx |
Long Term Debt And Finance Lease Obligations Current
LongTermDebtAndFinanceLeaseObligationsCurrent
|
146000000 | |
CY2022Q2 | fdx |
Long Term Debt And Finance Lease Obligations
LongTermDebtAndFinanceLeaseObligations
|
20182000000 | |
CY2021Q2 | fdx |
Long Term Debt And Finance Lease Obligations
LongTermDebtAndFinanceLeaseObligations
|
20733000000 | |
CY2022Q2 | us-gaap |
Longterm Debt Weighted Average Interest Rate
LongtermDebtWeightedAverageInterestRate
|
0.035 | |
CY2022Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
2819000000 | |
CY2022Q2 | us-gaap |
Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
|
47000000 | |
CY2022 | fdx |
Finance And Operating Leases Expiration Term
FinanceAndOperatingLeasesExpirationTerm
|
various dates through 2060 | |
CY2022Q2 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
|
52000000 | |
CY2022Q2 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
|
52000000 | |
CY2022Q2 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
|
52000000 | |
CY2022Q2 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
|
1337000000 | |
CY2022Q2 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
|
1391000000 | |
CY2022Q2 | us-gaap |
Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
|
17147000000 | |
CY2022Q2 | us-gaap |
Debt Instrument Face Amount
DebtInstrumentFaceAmount
|
20031000000 | |
CY2022Q2 | us-gaap |
Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
|
235000000 | |
CY2022Q2 | us-gaap |
Long Term Debt
LongTermDebt
|
19796000000 | |
CY2022Q2 | fdx |
Debt To Earnings Before Interest Tax Depreciation And Amortization Ratio Maximum
DebtToEarningsBeforeInterestTaxDepreciationAndAmortizationRatioMaximum
|
3.5 | |
CY2022Q2 | fdx |
Debt To Earnings Before Interest Tax Depreciation And Amortization Ratio
DebtToEarningsBeforeInterestTaxDepreciationAndAmortizationRatio
|
1.82 | |
CY2021Q2 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
-393000000 | |
CY2022 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
3100000000 | |
CY2021 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
2848000000 | |
CY2022 | us-gaap |
Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
|
26000000 | |
CY2021 | us-gaap |
Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
|
23000000 | |
CY2022 | us-gaap |
Finance Lease Interest Expense
FinanceLeaseInterestExpense
|
16000000 | |
CY2021 | us-gaap |
Finance Lease Interest Expense
FinanceLeaseInterestExpense
|
17000000 | |
CY2022 | fdx |
Finance Lease Cost
FinanceLeaseCost
|
42000000 | |
CY2021 | fdx |
Finance Lease Cost
FinanceLeaseCost
|
40000000 | |
CY2022 | us-gaap |
Short Term Lease Cost
ShortTermLeaseCost
|
556000000 | |
CY2021 | us-gaap |
Short Term Lease Cost
ShortTermLeaseCost
|
387000000 | |
CY2022 | us-gaap |
Variable Lease Cost
VariableLeaseCost
|
1368000000 | |
CY2021 | us-gaap |
Variable Lease Cost
VariableLeaseCost
|
1318000000 | |
CY2022 | us-gaap |
Lease Cost
LeaseCost
|
5066000000 | |
CY2021 | us-gaap |
Lease Cost
LeaseCost
|
4593000000 | |
CY2022Q2 | fdx |
Lessee Operating Lease And Finance Lease Liability Payments Due Due Next Twelve Months
LesseeOperatingLeaseAndFinanceLeaseLiabilityPaymentsDueDueNextTwelveMonths
|
2866000000 | |
CY2022Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
2562000000 | |
CY2022Q2 | us-gaap |
Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
|
35000000 | |
CY2022Q2 | fdx |
Lessee Operating Lease And Finance Lease Liability Payments Due Year Two
LesseeOperatingLeaseAndFinanceLeaseLiabilityPaymentsDueYearTwo
|
2597000000 | |
CY2022Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
|
2265000000 | |
CY2022 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
2981000000 | |
CY2021 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
2750000000 | |
CY2022 | us-gaap |
Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
|
15000000 | |
CY2021 | us-gaap |
Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
|
16000000 | |
CY2022 | us-gaap |
Finance Lease Principal Payments
FinanceLeasePrincipalPayments
|
99000000 | |
CY2021 | us-gaap |
Finance Lease Principal Payments
FinanceLeasePrincipalPayments
|
75000000 | |
CY2022 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
3489000000 | |
CY2021 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
3703000000 | |
CY2022 | us-gaap |
Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
|
56000000 | |
CY2021 | us-gaap |
Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
|
126000000 | |
CY2022Q2 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
16613000000 | |
CY2021Q2 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
15383000000 | |
CY2022Q2 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
2443000000 | |
CY2021Q2 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
2208000000 | |
CY2022Q2 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
14487000000 | |
CY2021Q2 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
13375000000 | |
CY2022Q2 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
16930000000 | |
CY2021Q2 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
15583000000 | |
CY2022Q2 | us-gaap |
Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
|
455000000 | |
CY2021Q2 | us-gaap |
Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
|
504000000 | |
CY2022Q2 | us-gaap |
Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
|
32000000 | |
CY2021Q2 | us-gaap |
Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
|
96000000 | |
CY2022Q2 | us-gaap |
Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
|
436000000 | |
CY2021Q2 | us-gaap |
Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
|
429000000 | |
CY2022Q2 | us-gaap |
Finance Lease Liability
FinanceLeaseLiability
|
468000000 | |
CY2021Q2 | us-gaap |
Finance Lease Liability
FinanceLeaseLiability
|
525000000 | |
CY2022Q2 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P9Y9M18D | |
CY2021Q2 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P9Y10M24D | |
CY2022Q2 | us-gaap |
Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
|
P30Y9M18D | |
CY2021Q2 | us-gaap |
Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
|
P30Y1M6D | |
CY2022Q2 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.0285 | |
CY2021Q2 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.0294 | |
CY2022Q2 | us-gaap |
Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
|
0.0345 | |
CY2021Q2 | us-gaap |
Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
|
0.0343 | |
CY2022Q2 | fdx |
Percentage Of Aircraft Fleet Leased Under Operating Leases
PercentageOfAircraftFleetLeasedUnderOperatingLeases
|
0.02 | |
CY2021Q2 | fdx |
Percentage Of Aircraft Fleet Leased Under Operating Leases
PercentageOfAircraftFleetLeasedUnderOperatingLeases
|
0.03 | |
CY2022Q2 | us-gaap |
Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
|
27000000 | |
CY2022Q2 | fdx |
Lessee Operating Lease And Finance Liability Payments Due Year Three
LesseeOperatingLeaseAndFinanceLiabilityPaymentsDueYearThree
|
2292000000 | |
CY2022Q2 | fdx |
Lessee Operating Lease And Finance Lease Liability Payments Due Year Five
LesseeOperatingLeaseAndFinanceLeaseLiabilityPaymentsDueYearFive
|
1775000000 | |
CY2022Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
|
7995000000 | |
CY2022Q2 | us-gaap |
Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
|
669000000 | |
CY2022Q2 | fdx |
Lessee Operating Lease And Finance Lease Liability Payments Due After Year Five
LesseeOperatingLeaseAndFinanceLeaseLiabilityPaymentsDueAfterYearFive
|
8664000000 | |
CY2022Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
19393000000 | |
CY2022Q2 | us-gaap |
Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
|
821000000 | |
CY2022Q2 | fdx |
Lessee Operating Lease And Finance Lease Liability Payments Due
LesseeOperatingLeaseAndFinanceLeaseLiabilityPaymentsDue
|
20214000000 | |
CY2022Q2 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
2463000000 | |
CY2022Q2 | us-gaap |
Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
|
353000000 | |
CY2022Q2 | fdx |
Lessee Operating Lease And Finance Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseAndFinanceLeaseLiabilityUndiscountedExcessAmount
|
2816000000 | |
CY2022Q2 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
16930000000 | |
CY2022Q2 | us-gaap |
Finance Lease Liability
FinanceLeaseLiability
|
468000000 | |
CY2022Q2 | fdx |
Operating Lease And Finance Lease Liability
OperatingLeaseAndFinanceLeaseLiability
|
17398000000 | |
CY2022Q2 | fdx |
Lessee Operating And Finance Lease Lease Not Yet Commenced Undiscounted Future Payments
LesseeOperatingAndFinanceLeaseLeaseNotYetCommencedUndiscountedFuturePayments
|
3400000000 | |
CY2022Q2 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
4000000 | |
CY2022Q2 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | |
CY2022Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableNumber
|
8725648 | |
CY2022Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
|
182.46 | |
CY2022 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
|
197.05 | |
CY2022Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
15328425 | |
CY2022 | us-gaap |
Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageRemainingContractualTerm2
|
P5Y | |
CY2022Q2 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
|
438000000 | |
CY2022Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
|
6084501 | |
CY2022 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
190000000 | |
CY2021 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
200000000 | |
CY2020 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
168000000 | |
CY2022 | fdx |
Stock Options Vesting Period Range
StockOptionsVestingPeriodRange
|
one to four years | |
CY2022 | fdx |
Restricted Stocks Expiration Period
RestrictedStocksExpirationPeriod
|
ratably over four years | |
CY2022 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Method Used
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsMethodUsed
|
Black-Scholes | |
CY2022 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
80.21 | |
CY2021 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
44.11 | |
CY2020 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
33.97 | |
CY2022 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
|
150000000 | |
CY2021 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
|
593000000 | |
CY2020 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
|
44000000 | |
CY2022 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
|
P6Y4M24D | |
CY2021 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
|
P6Y4M24D | |
CY2020 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
|
P6Y4M24D | |
CY2022 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
|
0.32 | |
CY2021 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
|
0.30 | |
CY2020 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
|
0.23 | |
CY2022 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
|
0.0065 | |
CY2021 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
|
0.0132 | |
CY2020 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
|
0.0191 | |
CY2022 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
0.00983 | |
CY2021 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
0.01710 | |
CY2020 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
0.01630 | |
CY2022 | fdx |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Maximum Term
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedMaximumTerm
|
P10Y | |
CY2021Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
15325497 | |
CY2021Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
175.19 | |
CY2022 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
|
1812623 | |
CY2022 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
282.12 | |
CY2022 | us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
1299961 | |
CY2022 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
140.97 | |
CY2022 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
|
509734 | |
CY2022Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
190.01 | |
CY2022 | us-gaap |
Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageRemainingContractualTerm2
|
P6Y3M18D | |
CY2022Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
748000000 | |
CY2022Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
|
199.98 | |
CY2022 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
|
P8Y1M6D | |
CY2022Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
|
286000000 | |
CY2022Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
|
10824217 | |
CY2021Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
|
537281 | |
CY2021Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
|
170.16 | |
CY2022 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
|
115172 | |
CY2022 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
276.26 | |
CY2022 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
|
209402 | |
CY2022 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
|
181.62 | |
CY2022 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
|
10570 | |
CY2022 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
|
191.41 | |
CY2022Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
|
432481 | |
CY2022Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
|
192.30 | |
CY2021 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
|
335004 | |
CY2021 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
155.19 | |
CY2020 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
|
207012 | |
CY2020 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
158.58 | |
CY2020 | us-gaap |
Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
|
-230000000 | |
CY2022 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
|
138000000 | |
CY2021 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares
|
2492039 | |
CY2021 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
|
115000000 | |
CY2022 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares
|
3005727 | |
CY2020 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares
|
2073310 | |
CY2020 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
|
99000000 | |
CY2022Q2 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
|
253000000 | |
CY2022 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
|
P2Y | |
CY2022Q2 | fdx |
Ratio Of Outstanding And Available To Grant Shares To Outstanding Common And Equity Compensation Shares And Equity Compensation Shares Available For Grant
RatioOfOutstandingAndAvailableToGrantSharesToOutstandingCommonAndEquityCompensationSharesAndEquityCompensationSharesAvailableForGrant
|
0.09 | |
CY2022 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
3819000000 | |
CY2021 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
5220000000 | |
CY2020 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
1284000000 | |
CY2022 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
263000000 | |
CY2021 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
264000000 | |
CY2020 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
261000000 | |
CY2022 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
14.54 | |
CY2021 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
19.79 | |
CY2020 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
4.92 | |
CY2022 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
3819000000 | |
CY2021 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
5221000000 | |
CY2020 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
1284000000 | |
CY2022 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
263000000 | |
CY2021 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
264000000 | |
CY2020 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
261000000 | |
CY2022 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
3000000 | |
CY2021 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
4000000 | |
CY2020 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
1000000 | |
CY2022 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
266000000 | |
CY2021 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
268000000 | |
CY2020 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
262000000 | |
CY2022 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
14.33 | |
CY2021 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
19.45 | |
CY2020 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
4.90 | |
CY2022 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
4000000.0 | |
CY2021 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
3500000 | |
CY2020 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
11700000 | |
CY2020 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
35000000 | |
CY2020 | us-gaap |
Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
|
-128000000 | |
CY2022 | us-gaap |
Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
|
267000000 | |
CY2022 | us-gaap |
Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
|
311000000 | |
CY2022 | us-gaap |
Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
|
34000000 | |
CY2021 | us-gaap |
Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
|
65000000 | |
CY2022 | us-gaap |
Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
|
120000000 | |
CY2021 | us-gaap |
Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
|
158000000 | |
CY2020 | us-gaap |
Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
|
67000000 | |
CY2022 | us-gaap |
Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
|
317000000 | |
CY2021 | us-gaap |
Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
|
284000000 | |
CY2020 | us-gaap |
Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
|
198000000 | |
CY2022 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
748000000 | |
CY2021 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
641000000 | |
CY2021 | us-gaap |
Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
|
667000000 | |
CY2020 | us-gaap |
Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
|
475000000 | |
CY2022 | us-gaap |
Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
|
21000000 | |
CY2021 | us-gaap |
Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
|
70000000 | |
CY2020 | us-gaap |
Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
|
1000000 | |
CY2022 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
322000000 | |
CY2021 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
802000000 | |
CY2020 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
348000000 | |
CY2022 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
1070000000 | |
CY2021 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
1443000000 | |
CY2020 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
383000000 | |
CY2022 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
|
1400000000 | |
CY2021 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
|
1800000000 | |
CY2020 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
|
634000000 | |
CY2022 | us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
1028000000 | |
CY2021 | us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
1401000000 | |
CY2020 | us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
350000000 | |
CY2022 | us-gaap |
Income Tax Reconciliation Prior Year Income Taxes
IncomeTaxReconciliationPriorYearIncomeTaxes
|
-142000000 | |
CY2022 | us-gaap |
Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
|
116000000 | |
CY2021 | us-gaap |
Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
|
179000000 | |
CY2020 | us-gaap |
Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
|
53000000 | |
CY2022 | us-gaap |
Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
|
115000000 | |
CY2021 | us-gaap |
Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
|
138000000 | |
CY2020 | us-gaap |
Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
|
38000000 | |
CY2022 | us-gaap |
Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
|
48000000 | |
CY2021 | us-gaap |
Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
|
53000000 | |
CY2020 | us-gaap |
Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
|
70000000 | |
CY2022 | us-gaap |
Income Tax Reconciliation Tax Contingencies
IncomeTaxReconciliationTaxContingencies
|
-18000000 | |
CY2021 | us-gaap |
Income Tax Reconciliation Tax Contingencies
IncomeTaxReconciliationTaxContingencies
|
65000000 | |
CY2020 | us-gaap |
Income Tax Reconciliation Tax Contingencies
IncomeTaxReconciliationTaxContingencies
|
-14000000 | |
CY2022 | fdx |
Income Tax Reconciliation Benefits From Share Based Payments
IncomeTaxReconciliationBenefitsFromShareBasedPayments
|
13000000 | |
CY2021 | fdx |
Income Tax Reconciliation Benefits From Share Based Payments
IncomeTaxReconciliationBenefitsFromShareBasedPayments
|
69000000 | |
CY2020 | fdx |
Income Tax Reconciliation Benefits From Share Based Payments
IncomeTaxReconciliationBenefitsFromShareBasedPayments
|
5000000 | |
CY2022 | us-gaap |
Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
33000000 | |
CY2021 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
1443000000 | |
CY2020 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
383000000 | |
CY2021Q2 | fdx |
Deferred Tax Assets Property Equipment Leases And Intangibles
DeferredTaxAssetsPropertyEquipmentLeasesAndIntangibles
|
4248000000 | |
CY2022 | fdx |
Income Tax Reconciliation Benefits From Tax Loss Carryback To Prior Years
IncomeTaxReconciliationBenefitsFromTaxLossCarrybackToPriorYears
|
0 | |
CY2021 | us-gaap |
Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
14000000 | |
CY2020 | us-gaap |
Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
-129000000 | |
CY2022 | us-gaap |
Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
|
-30000000 | |
CY2021 | us-gaap |
Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
|
-61000000 | |
CY2020 | us-gaap |
Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
|
-10000000 | |
CY2021 | fdx |
Income Tax Reconciliation Benefits From Tax Loss Carryback To Prior Years
IncomeTaxReconciliationBenefitsFromTaxLossCarrybackToPriorYears
|
279000000 | |
CY2020 | fdx |
Income Tax Reconciliation Benefits From Tax Loss Carryback To Prior Years
IncomeTaxReconciliationBenefitsFromTaxLossCarrybackToPriorYears
|
71000000 | |
CY2020 | us-gaap |
Income Tax Reconciliation Nondeductible Expense Impairment Losses
IncomeTaxReconciliationNondeductibleExpenseImpairmentLosses
|
75000000 | |
CY2020 | fdx |
Income Tax Reconciliation Deferred Tax Adjustments Related To Foreign Operations
IncomeTaxReconciliationDeferredTaxAdjustmentsRelatedToForeignOperations
|
51000000 | |
CY2022 | us-gaap |
Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
|
-67000000 | |
CY2021 | us-gaap |
Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
|
2000000 | |
CY2020 | us-gaap |
Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
|
-25000000 | |
CY2022 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
1070000000 | |
CY2022 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.219 | |
CY2021 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.216 | |
CY2020 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.230 | |
CY2022 | us-gaap |
Income Tax Reconciliation Prior Year Income Taxes
IncomeTaxReconciliationPriorYearIncomeTaxes
|
-142000000 | |
CY2020 | fdx |
Tax Benefit From Reduction Of Valuation Allowance On Tax Loss Carryforwards
TaxBenefitFromReductionOfValuationAllowanceOnTaxLossCarryforwards
|
133000000 | |
CY2020Q2 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
51000000 | |
CY2022Q2 | fdx |
Deferred Tax Assets Property Equipment Leases And Intangibles
DeferredTaxAssetsPropertyEquipmentLeasesAndIntangibles
|
4464000000 | |
CY2022Q2 | fdx |
Deferred Tax Liabilities Property Equipment Leases And Intangibles
DeferredTaxLiabilitiesPropertyEquipmentLeasesAndIntangibles
|
10608000000 | |
CY2021Q2 | fdx |
Deferred Tax Liabilities Property Equipment Leases And Intangibles
DeferredTaxLiabilitiesPropertyEquipmentLeasesAndIntangibles
|
9731000000 | |
CY2022Q2 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeBenefits
|
1203000000 | |
CY2021Q2 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeBenefits
|
1178000000 | |
CY2022Q2 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Self Insurance
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsSelfInsurance
|
931000000 | |
CY2021Q2 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Self Insurance
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsSelfInsurance
|
785000000 | |
CY2022Q2 | us-gaap |
Deferred Tax Assets Other
DeferredTaxAssetsOther
|
524000000 | |
CY2022Q2 | us-gaap |
Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
|
66000000 | |
CY2021Q2 | us-gaap |
Deferred Tax Assets Other
DeferredTaxAssetsOther
|
511000000 | |
CY2021Q2 | us-gaap |
Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
|
52000000 | |
CY2022Q2 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
1079000000 | |
CY2021Q2 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
934000000 | |
CY2022Q2 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
413000000 | |
CY2021Q2 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
382000000 | |
CY2022Q2 | us-gaap |
Deferred Tax Assets Net
DeferredTaxAssetsNet
|
7788000000 | |
CY2022Q2 | us-gaap |
Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
|
10674000000 | |
CY2021Q2 | us-gaap |
Deferred Tax Assets Net
DeferredTaxAssetsNet
|
7274000000 | |
CY2021Q2 | us-gaap |
Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
|
9783000000 | |
CY2022Q2 | us-gaap |
Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
|
1207000000 | |
CY2021Q2 | us-gaap |
Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
|
1418000000 | |
CY2022Q2 | us-gaap |
Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
|
4093000000 | |
CY2021Q2 | us-gaap |
Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
|
3927000000 | |
CY2022Q2 | us-gaap |
Deferred Tax Liabilities
DeferredTaxLiabilities
|
2886000000 | |
CY2021Q2 | us-gaap |
Deferred Tax Liabilities
DeferredTaxLiabilities
|
2509000000 | |
CY2022 | us-gaap |
Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
|
21000000 | |
CY2022 | fdx |
Tax Cuts And Jobs Act Of2017 Incomplete Accounting Recognition Of Cumulative Benefit
TaxCutsAndJobsActOf2017IncompleteAccountingRecognitionOfCumulativeBenefit
|
215000000 | |
CY2021Q2 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
192000000 | |
CY2020Q2 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
129000000 | |
CY2019Q2 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
164000000 | |
CY2022 | us-gaap |
Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
|
14000000 | |
CY2021 | us-gaap |
Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
|
3000000 | |
CY2020 | us-gaap |
Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
|
3000000 | |
CY2022 | us-gaap |
Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
|
8000000 | |
CY2021 | us-gaap |
Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
|
69000000 | |
CY2020 | us-gaap |
Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
|
4000000 | |
CY2022 | us-gaap |
Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
|
15000000 | |
CY2021 | us-gaap |
Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
|
6000000 | |
CY2020 | us-gaap |
Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
|
10000000 | |
CY2022 | us-gaap |
Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
|
32000000 | |
CY2021 | us-gaap |
Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
|
6000000 | |
CY2020 | us-gaap |
Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
|
31000000 | |
CY2022 | fdx |
Unrecognized Tax Benefits Changes Resulting From Currency Translation
UnrecognizedTaxBenefitsChangesResultingFromCurrencyTranslation
|
2000000 | |
CY2021 | fdx |
Unrecognized Tax Benefits Changes Resulting From Currency Translation
UnrecognizedTaxBenefitsChangesResultingFromCurrencyTranslation
|
3000000 | |
CY2020 | fdx |
Unrecognized Tax Benefits Changes Resulting From Currency Translation
UnrecognizedTaxBenefitsChangesResultingFromCurrencyTranslation
|
-1000000 | |
CY2022Q2 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
169000000 | |
CY2021Q2 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
192000000 | |
CY2020Q2 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
129000000 | |
CY2022Q2 | us-gaap |
Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
|
167000000 | |
CY2021Q2 | us-gaap |
Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
|
190000000 | |
CY2022Q2 | us-gaap |
Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
|
55000000 | |
CY2021Q2 | us-gaap |
Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
|
61000000 | |
CY2021 | fdx |
Interest Expense Associated With Uncertain Tax Positions
InterestExpenseAssociatedWithUncertainTaxPositions
|
20000000 | |
CY2022 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
3970000000 | |
CY2021 | fdx |
Postretirement Healthcare Plans Net Periodic Benefit Cost
PostretirementHealthcarePlansNetPeriodicBenefitCost
|
83000000 | |
CY2020 | fdx |
Postretirement Healthcare Plans Net Periodic Benefit Cost
PostretirementHealthcarePlansNetPeriodicBenefitCost
|
86000000 | |
CY2020 | fdx |
Return On Assets
ReturnOnAssets
|
-2024000000 | |
CY2022 | fdx |
Gain Loss On Discount Rate
GainLossOnDiscountRate
|
-4486000000 | |
CY2021 | fdx |
Gain Loss On Discount Rate
GainLossOnDiscountRate
|
-397000000 | |
CY2022 | us-gaap |
Defined Benefit Plan Year Health Care Cost Trend Rate Reaches Ultimate Trend Rate
DefinedBenefitPlanYearHealthCareCostTrendRateReachesUltimateTrendRate
|
2045 | |
CY2022 | fdx |
Pension Plan Net Periodic Benefit Cost
PensionPlanNetPeriodicBenefitCost
|
-2000000 | |
CY2021 | fdx |
Pension Plan Net Periodic Benefit Cost
PensionPlanNetPeriodicBenefitCost
|
88000000 | |
CY2020 | fdx |
Pension Plan Net Periodic Benefit Cost
PensionPlanNetPeriodicBenefitCost
|
148000000 | |
CY2022 | us-gaap |
Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
|
824000000 | |
CY2021 | us-gaap |
Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
|
685000000 | |
CY2020 | us-gaap |
Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
|
574000000 | |
CY2022 | fdx |
Postretirement Healthcare Plans Net Periodic Benefit Cost
PostretirementHealthcarePlansNetPeriodicBenefitCost
|
89000000 | |
CY2022 | fdx |
Retirement Plans Mark To Market Adjustment
RetirementPlansMarkToMarketAdjustment
|
1578000000 | |
CY2021 | fdx |
Retirement Plans Mark To Market Adjustment
RetirementPlansMarkToMarketAdjustment
|
-1176000000 | |
CY2020 | fdx |
Retirement Plans Mark To Market Adjustment
RetirementPlansMarkToMarketAdjustment
|
794000000 | |
CY2022 | us-gaap |
Pension And Other Postretirement Benefit Expense
PensionAndOtherPostretirementBenefitExpense
|
2489000000 | |
CY2021 | us-gaap |
Pension And Other Postretirement Benefit Expense
PensionAndOtherPostretirementBenefitExpense
|
-320000000 | |
CY2020 | us-gaap |
Pension And Other Postretirement Benefit Expense
PensionAndOtherPostretirementBenefitExpense
|
1602000000 | |
CY2022 | fdx |
Return On Assets
ReturnOnAssets
|
5109000000 | |
CY2021 | fdx |
Return On Assets
ReturnOnAssets
|
-1712000000 | |
CY2020 | fdx |
Gain Loss On Discount Rate
GainLossOnDiscountRate
|
2997000000 | |
CY2022 | fdx |
Current Year Actuarial Loss
CurrentYearActuarialLoss
|
504000000 | |
CY2021 | fdx |
Current Year Actuarial Loss
CurrentYearActuarialLoss
|
302000000 | |
CY2020 | fdx |
Current Year Actuarial Loss
CurrentYearActuarialLoss
|
50000000 | |
CY2022 | fdx |
Change In Future Assumptions
ChangeInFutureAssumptions
|
314000000 | |
CY2021 | fdx |
Change In Future Assumptions
ChangeInFutureAssumptions
|
685000000 | |
CY2020 | fdx |
Change In Future Assumptions
ChangeInFutureAssumptions
|
-229000000 | |
CY2022 | us-gaap |
Defined Benefit Plan Special Termination Benefits
DefinedBenefitPlanSpecialTerminationBenefits
|
224000000 | |
CY2022 | fdx |
Pension Plan Amendments Including Curtailment Gains
PensionPlanAmendmentsIncludingCurtailmentGains
|
87000000 | |
CY2021 | fdx |
Pension Plan Amendments Including Curtailment Gains
PensionPlanAmendmentsIncludingCurtailmentGains
|
54000000 | |
CY2022 | fdx |
Retirement Plans Mark To Market Adjustment
RetirementPlansMarkToMarketAdjustment
|
1578000000 | |
CY2021 | fdx |
Retirement Plans Mark To Market Adjustment
RetirementPlansMarkToMarketAdjustment
|
-1176000000 | |
CY2020 | fdx |
Retirement Plans Mark To Market Adjustment
RetirementPlansMarkToMarketAdjustment
|
794000000 | |
CY2022 | fdx |
Us Pension Plan Actual Rate Of Return On Assets
USPensionPlanActualRateOfReturnOnAssets
|
-0.108 | |
CY2021 | fdx |
Weighted Average Discount Rate Percent All Pension Post Retirement Plans
WeightedAverageDiscountRatePercentAllPensionPostRetirementPlans
|
0.0311 | |
CY2022 | fdx |
Weighted Average Discount Rate Percent All Pension Post Retirement Plans
WeightedAverageDiscountRatePercentAllPensionPostRetirementPlans
|
0.0421 | |
CY2021 | fdx |
Us Pension Plan Actual Rate Of Return On Assets
USPensionPlanActualRateOfReturnOnAssets
|
0.1290 | |
CY2020 | fdx |
Weighted Average Discount Rate Percent All Pension Post Retirement Plans
WeightedAverageDiscountRatePercentAllPensionPostRetirementPlans
|
0.0305 | |
CY2021 | fdx |
Weighted Average Discount Rate Percent All Pension Post Retirement Plans
WeightedAverageDiscountRatePercentAllPensionPostRetirementPlans
|
0.0311 | |
CY2019 | fdx |
Weighted Average Discount Rate Percent All Pension Post Retirement Plans
WeightedAverageDiscountRatePercentAllPensionPostRetirementPlans
|
0.0369 | |
CY2020 | fdx |
Weighted Average Discount Rate Percent All Pension Post Retirement Plans
WeightedAverageDiscountRatePercentAllPensionPostRetirementPlans
|
0.0305 | |
CY2020 | fdx |
Us Pension Plan Actual Rate Of Return On Assets
USPensionPlanActualRateOfReturnOnAssets
|
0.1500 | |
CY2022Q2 | us-gaap |
Assets
Assets
|
85994000000 | |
CY2022 | us-gaap |
Description Of Defined Contribution Pension And Other Postretirement Plans
DescriptionOfDefinedContributionPensionAndOtherPostretirementPlans
|
In 2020, we announced the closing of our U.S.-based defined benefit pension plans to new non-union employees hired on or after January 1, 2020. We introduced an all-401(k) plan retirement benefit structure for eligible employees with a higher company match of up to 8% across all U.S.-based operating companies in 2022. During calendar 2021, current eligible employees under the PPA pension formula were given a one-time option to continue to be eligible for pension compensation credits under the existing PPA formula and remain in the existing 401(k) plan with its company match of up to 3.5%, or to cease receiving compensation credits under the PPA and move to the new 401(k) plan with the higher match of up to 8%. Changes to the new 401(k) plan structure became effective January 1, 2022. While this new program will provide employees greater flexibility and reduce our long-term pension costs, it will not have a material impact on current or near-term financial results. | |
CY2022 | fdx |
Defined Benefit Plan Assets Actual Rate Of Return For Fifteen Year Period
DefinedBenefitPlanAssetsActualRateOfReturnForFifteenYearPeriod
|
0.058 | |
CY2022Q2 | us-gaap |
Defined Benefit Plan Health Care Cost Trend Rate Assumed Next Fiscal Year
DefinedBenefitPlanHealthCareCostTrendRateAssumedNextFiscalYear
|
0.055 | |
CY2022Q2 | us-gaap |
Defined Benefit Plan Ultimate Health Care Cost Trend Rate1
DefinedBenefitPlanUltimateHealthCareCostTrendRate1
|
0.040 | |
CY2021Q2 | us-gaap |
Assets
Assets
|
82777000000 | |
CY2020Q2 | us-gaap |
Assets
Assets
|
73537000000 | |
CY2022 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
93512000000 | |
CY2021 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
83959000000 | |
CY2020 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
69217000000 | |
CY2021 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
3793000000 | |
CY2020 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
3615000000 | |
CY2022 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
6245000000 | |
CY2021 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
5857000000 | |
CY2020 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
2417000000 | |
CY2022 | us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
6763000000 | |
CY2021 | us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
5884000000 | |
CY2020 | us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
5868000000 | |
CY2022 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
93512000000 | |
CY2021 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
83959000000 | |
CY2020 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
69217000000 | |
CY2022 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
93512000000 | |
CY2021 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
83959000000 | |
CY2020 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
69217000000 | |
CY2022Q2 | us-gaap |
Assets Noncurrent
AssetsNoncurrent
|
65629000000 | |
CY2021Q2 | us-gaap |
Assets Noncurrent
AssetsNoncurrent
|
62197000000 | |
CY2020Q2 | us-gaap |
Assets Noncurrent
AssetsNoncurrent
|
57154000000 | |
CY2022 | us-gaap |
Interest Paid Net
InterestPaidNet
|
695000000 | |
CY2021 | us-gaap |
Interest Paid Net
InterestPaidNet
|
819000000 | |
CY2020 | us-gaap |
Interest Paid Net
InterestPaidNet
|
639000000 | |
CY2022 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
751000000 | |
CY2021 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
1374000000 | |
CY2020 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
389000000 | |
CY2022 | us-gaap |
Proceeds From Income Tax Refunds
ProceedsFromIncomeTaxRefunds
|
574000000 | |
CY2021 | us-gaap |
Proceeds From Income Tax Refunds
ProceedsFromIncomeTaxRefunds
|
55000000 | |
CY2020 | us-gaap |
Proceeds From Income Tax Refunds
ProceedsFromIncomeTaxRefunds
|
353000000 | |
CY2022 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
177000000 | |
CY2021 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
1319000000 | |
CY2020 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
36000000 | |
CY2022Q2 | us-gaap |
Unrecorded Unconditional Purchase Obligation Balance On First Anniversary
UnrecordedUnconditionalPurchaseObligationBalanceOnFirstAnniversary
|
2951000000 | |
CY2022Q2 | us-gaap |
Unrecorded Unconditional Purchase Obligation Balance On Second Anniversary
UnrecordedUnconditionalPurchaseObligationBalanceOnSecondAnniversary
|
2591000000 | |
CY2022Q2 | us-gaap |
Unrecorded Unconditional Purchase Obligation Balance On Third Anniversary
UnrecordedUnconditionalPurchaseObligationBalanceOnThirdAnniversary
|
1894000000 | |
CY2022Q2 | us-gaap |
Unrecorded Unconditional Purchase Obligation Balance On Fourth Anniversary
UnrecordedUnconditionalPurchaseObligationBalanceOnFourthAnniversary
|
839000000 | |
CY2022Q2 | us-gaap |
Unrecorded Unconditional Purchase Obligation Balance On Fifth Anniversary
UnrecordedUnconditionalPurchaseObligationBalanceOnFifthAnniversary
|
478000000 | |
CY2022Q2 | us-gaap |
Unrecorded Unconditional Purchase Obligation Due After Five Years
UnrecordedUnconditionalPurchaseObligationDueAfterFiveYears
|
2076000000 | |
CY2022Q2 | us-gaap |
Unrecorded Unconditional Purchase Obligation Balance Sheet Amount
UnrecordedUnconditionalPurchaseObligationBalanceSheetAmount
|
10829000000 | |
CY2022Q2 | fdx |
Deposit And Progress Payments
DepositAndProgressPayments
|
1300000000 | |
CY2022 | fdx |
Aircraft Purchase Obligation With Delivery Due In First Fiscal Year
AircraftPurchaseObligationWithDeliveryDueInFirstFiscalYear
|
38 | |
CY2022 | fdx |
Aircraft Purchase Obligation With Delivery Due In Second Fiscal Year
AircraftPurchaseObligationWithDeliveryDueInSecondFiscalYear
|
36 | |
CY2022 | fdx |
Aircraft Purchase Obligation With Delivery Due In Third Fiscal Year
AircraftPurchaseObligationWithDeliveryDueInThirdFiscalYear
|
30 | |
CY2022 | fdx |
Aircraft Purchase Obligation With Delivery Due In Fourth Fiscal Year
AircraftPurchaseObligationWithDeliveryDueInFourthFiscalYear
|
15 | |
CY2022 | fdx |
Aircraft Purchase Obligation
AircraftPurchaseObligation
|
119 | |
CY2022 | us-gaap |
Loss Contingency Disclosures
LossContingencyDisclosures
|
<p style="text-indent:0.0%;font-size:10.0pt;margin-top:12.0pt;line-height:1.1164583333333333;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:bold;font-size:10.0pt;font-family:Times New Roman;min-width:fit-content;">NOTE 19: CONTINGENCIES</span></p><p style="text-indent:0.0%;font-size:10.0pt;margin-top:0.0pt;line-height:1.15;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="white-space:pre-wrap;font-size:10.0pt;font-family:Times New Roman;min-width:fit-content;"/> </p><p style="text-indent:0.0%;font-size:10.0pt;margin-top:0.0pt;line-height:1.15;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;font-style:italic;min-width:fit-content;">Service Provider Lawsuits</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;min-width:fit-content;">. FedEx Ground is defending lawsuits in which it is alleged that FedEx Ground should be treated as a joint employer of drivers employed by service providers engaged by FedEx Ground. These cases are in varying stages of litigation, and we are not currently able to estimate an amount or range of potential loss in all of these matters. However, we do not expect to incur, individually or in the aggregate, a material loss in these matters. Nevertheless, adverse determinations in these matters could, among other things, entitle service providers’ drivers to certain wage payments from the service providers and FedEx Ground and result in employment and withholding tax and benefit liability for FedEx Ground. We continue to believe that FedEx Ground is not an employer or joint employer of the drivers of these independent businesses.</span></p><p style="text-indent:0.0%;font-size:10.0pt;margin-top:9.0pt;line-height:1.15;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;font-style:italic;min-width:fit-content;">FedEx Ground Vehicle Accident Lawsuit</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;min-width:fit-content;">. In July 2012, FedEx Ground was named as a defendant in a lawsuit filed in New Mexico state court related to a vehicle accident involving a driver employed by a service provider engaged by FedEx Ground that resulted in three fatalities, including the driver employed by the service provider. The complaint alleged personal injury and wrongful death. After trial, in January 2015, the jury awarded the plaintiffs compensatory damages of approximately $</span><span style="font-size:10.0pt;font-family:Times New Roman;background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;min-width:fit-content;">160</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;min-width:fit-content;"> million. Following the trial judge’s recusal, this award was affirmed by the substitute judge in July 2015 and by the New Mexico Court of Appeals in February 2018, respectively. FedEx Ground subsequently sought a discretionary appeal to the New Mexico Supreme Court to address what FedEx Ground believed to be an excessive verdict. The New Mexico Supreme Court granted FedEx Ground’s appeal in June 2018. In May 2022, the New Mexico Supreme Court affirmed the decision of the New Mexico Court of Appeals.</span></p><p style="text-indent:0.0%;font-size:10.0pt;margin-top:9.0pt;line-height:1.15;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;min-width:fit-content;">A loss reserve in the amount of approximately $</span><span style="font-size:10.0pt;font-family:Times New Roman;background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;min-width:fit-content;">370</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;min-width:fit-content;"> million was recorded in FedEx’s consolidated financial statements for the year ended May 31, 2022, representing the approximately $</span><span style="font-size:10.0pt;font-family:Times New Roman;background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;min-width:fit-content;">160</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;min-width:fit-content;"> million base amount of the judgment and accrued pre- and post-judgment interest, with a corresponding insurance receivable recorded for the base amount of the judgment in excess of FedEx Ground’s $</span><span style="font-size:10.0pt;font-family:Times New Roman;background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;min-width:fit-content;">7.5</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;min-width:fit-content;"> million self-insured retention and insurance deductible. In July 2022 we paid approximately $</span><span style="font-size:10.0pt;font-family:Times New Roman;background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;min-width:fit-content;">370</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;min-width:fit-content;"> million to plaintiffs and their counsel. Our insurance carriers funded the base amount of the judgment in excess of FedEx Ground’s self-insured retention and insurance deductible, and we intend to vigorously pursue all insurance coverages for reimbursement of our payment of approximately $</span><span style="font-size:10.0pt;font-family:Times New Roman;background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;min-width:fit-content;">210</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;min-width:fit-content;"> million of pre- and post-judgment interest.</span></p><p style="text-indent:0.0%;font-size:10.0pt;margin-top:9.0pt;line-height:1.15;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;font-style:italic;min-width:fit-content;">Other Matters</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;min-width:fit-content;">. FedEx and its subsidiaries are subject to other legal proceedings that arise in the ordinary course of business, including certain lawsuits containing various class-action allegations of wage-and-hour violations in which plaintiffs claim, among other things, that they were forced to work “off the clock,” were not paid overtime, or were not provided work breaks or other benefits, as well as other lawsuits containing allegations that FedEx and its subsidiaries are responsible for third-party losses related to vehicle accidents that could exceed our insurance coverage for such losses. In the opinion of management, the aggregate liability, if any, with respect to these other actions will not have a material adverse effect on our financial position, results of operations, or cash flows.</span></p><p style="text-indent:0.0%;font-size:10.0pt;margin-top:9.0pt;line-height:1.15;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;font-style:italic;min-width:fit-content;">Environmental Matters</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;min-width:fit-content;">. SEC regulations require us to disclose certain information about proceedings arising under federal, state, or local environmental provisions if we reasonably believe that such proceedings may result in monetary sanctions above a stated threshold. Pursuant to the SEC regulations, FedEx uses a threshold of $1 million or more for purposes of determining whether disclosure of any such proceedings is required. Applying this threshold, there are no environmental matters required to be disclosed for this period.</span></p> | |
CY2015Q1 | us-gaap |
Loss Contingency Damages Awarded Value
LossContingencyDamagesAwardedValue
|
160000000 | |
CY2022Q2 | us-gaap |
Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
|
370000000 | |
CY2022 | fdx |
Loss Contingency Base Amount
LossContingencyBaseAmount
|
160000000 | |
CY2022 | fdx |
Loss Contingency Self Insured Retention And Insurance Deductible
LossContingencySelfInsuredRetentionAndInsuranceDeductible
|
7500000 |