2015 Q2 Form 10-K Financial Statement

#000119312515252494 Filed on July 14, 2015

View on sec.gov

Income Statement

Concept 2015 Q2 2015 2014 Q2
Revenue $12.11B $47.45B $11.84B
YoY Change 2.32% 4.14% 3.53%
Cost Of Revenue $2.817B $12.20B $3.183B
YoY Change -11.5% -2.9% 5.43%
Gross Profit $9.297B $35.25B $8.656B
YoY Change 7.41% 6.82% 2.85%
Gross Profit Margin 76.75% 74.28% 73.11%
Selling, General & Admin $5.374B $22.29B $4.916B
YoY Change 9.32% 5.85% 3.67%
% of Gross Profit 57.8% 63.25% 56.79%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $657.0M $2.611B $649.0M
YoY Change 1.23% 0.93% 4.34%
% of Gross Profit 7.07% 7.41% 7.5%
Operating Expenses $10.12B $45.59B $7.104B
YoY Change 42.4% 9.18% 30.71%
Operating Profit -$1.321B $1.867B $1.264B
YoY Change -204.51% -51.06% 151.79%
Interest Expense -$68.00M $235.0M -$47.00M
YoY Change 44.68% 46.88% 95.83%
% of Operating Profit 12.59% -3.72%
Other Income/Expense, Net -$27.00M -$240.0M $1.000M
YoY Change -2800.0% 52.87% -116.67%
Pretax Income -$1.190B $1.627B $1.506B
YoY Change -179.02% -55.52% -36.05%
Income Tax -$438.0M $577.0M $549.0M
% Of Pretax Income 35.46% 36.45%
Net Earnings -$895.0M $1.050B $780.0M
YoY Change -214.74% -54.82% 157.43%
Net Earnings / Revenue -7.39% 2.21% 6.59%
Basic Earnings Per Share -$3.16 $3.70 $2.66
Diluted Earnings Per Share -$3.16 $3.65 $2.62
COMMON SHARES
Basic Shares Outstanding 283.0M shares
Diluted Shares Outstanding 287.0M shares

Balance Sheet

Concept 2015 Q2 2015 2014 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $3.763B $3.763B $2.908B
YoY Change 29.4% 29.4% -40.86%
Cash & Equivalents $3.763B $3.763B $2.908B
Short-Term Investments
Other Short-Term Assets $355.0M $355.0M $852.0M
YoY Change -58.33% -58.33% -0.47%
Inventory $498.0M $498.0M $463.0M
Prepaid Expenses
Receivables $5.719B $5.719B $5.460B
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $10.94B $10.34B $9.683B
YoY Change 12.99% 6.73% -14.11%
LONG-TERM ASSETS
Property, Plant & Equipment $20.88B $20.88B $19.55B
YoY Change 6.78% 6.78% 5.77%
Goodwill $3.810B $2.790B
YoY Change 36.56% 1.27%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $1.443B $1.304B $1.047B
YoY Change 37.82% 47.68% -0.66%
Total Long-Term Assets $26.13B $26.20B $23.39B
YoY Change 11.75% 12.01% 4.91%
TOTAL ASSETS
Total Short-Term Assets $10.94B $10.34B $9.683B
Total Long-Term Assets $26.13B $26.20B $23.39B
Total Assets $36.47B $36.53B $33.07B
YoY Change 10.28% 10.47% -1.48%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.066B $2.066B $1.971B
YoY Change 4.82% 4.82% 4.9%
Accrued Expenses $2.435B $3.871B $2.063B
YoY Change 18.03% 15.9% 6.78%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $19.00M $19.00M $1.000M
YoY Change 1800.0% 1800.0% -99.6%
Total Short-Term Liabilities $5.956B $5.956B $5.312B
YoY Change 12.12% 12.12% -7.62%
LONG-TERM LIABILITIES
Long-Term Debt $7.249B $7.249B $4.736B
YoY Change 53.06% 53.06% 72.91%
Other Long-Term Liabilities $218.0M $7.123B $145.0M
YoY Change 50.34% 26.5% 20.83%
Total Long-Term Liabilities $218.0M $14.37B $145.0M
YoY Change 50.34% 38.63% 20.83%
TOTAL LIABILITIES
Total Short-Term Liabilities $5.956B $5.956B $5.312B
Total Long-Term Liabilities $218.0M $14.37B $145.0M
Total Liabilities $6.174B $21.54B $5.457B
YoY Change 13.14% 21.05% -7.04%
SHAREHOLDERS EQUITY
Retained Earnings $16.90B $16.23B
YoY Change 4.13% -12.37%
Common Stock $2.818B $32.00M
YoY Change 8706.25% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $4.897B $4.133B
YoY Change 18.49% 413200.0%
Treasury Stock Shares
Shareholders Equity $14.99B $14.99B $15.28B
YoY Change
Total Liabilities & Shareholders Equity $36.53B $36.53B $33.07B
YoY Change 10.47% 10.47% -1.48%

Cashflow Statement

Concept 2015 Q2 2015 2014 Q2
OPERATING ACTIVITIES
Net Income -$895.0M $1.050B $780.0M
YoY Change -214.74% -54.82% 157.43%
Depreciation, Depletion And Amortization $657.0M $2.611B $649.0M
YoY Change 1.23% 0.93% 4.34%
Cash From Operating Activities $1.893B $5.366B $1.686B
YoY Change 12.28% 25.84% -1.52%
INVESTING ACTIVITIES
Capital Expenditures -$1.378B -$4.347B -$979.0M
YoY Change 40.76% 23.04% 3.6%
Acquisitions $1.429B
YoY Change 3869.44%
Other Investing Activities $8.000M -$1.405B -$41.00M
YoY Change -119.51% 7705.56% -510.0%
Cash From Investing Activities -$1.370B -$5.752B -$1.020B
YoY Change 34.31% 61.98% 9.09%
FINANCING ACTIVITIES
Cash Dividend Paid $227.0M
YoY Change 21.39%
Common Stock Issuance & Retirement, Net $1.254B
YoY Change -74.18%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -234.0M $1.349B -807.0M
YoY Change -71.0% -149.61% -205.22%
NET CHANGE
Cash From Operating Activities 1.893B $5.366B 1.686B
Cash From Investing Activities -1.370B -$5.752B -1.020B
Cash From Financing Activities -234.0M $1.349B -807.0M
Net Change In Cash 289.0M $963.0M -141.0M
YoY Change -304.96% -148.01% -109.13%
FREE CASH FLOW
Cash From Operating Activities $1.893B $5.366B $1.686B
Capital Expenditures -$1.378B -$4.347B -$979.0M
Free Cash Flow $3.271B $9.713B $2.665B
YoY Change 22.74% 24.57% 0.3%

Facts In Submission

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NetCashProvidedByUsedInFinancingActivities
-2719000000 USD
CY2014 us-gaap Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
557000000 USD
CY2014 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
44000000 USD
CY2014 us-gaap Payments Of Dividends
PaymentsOfDividends
187000000 USD
CY2014 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-22000000 USD
CY2014 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-3551000000 USD
CY2014 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
3533000000 USD
CY2014 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
4264000000 USD
CY2014 us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
-516000000 USD
CY2014 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-22000000 USD
CY2014 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-235000000 USD
CY2015 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
8100000 shares
CY2015 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
2491000000 USD
CY2014 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
130000000 USD
CY2014 fdx Deferred Income Taxes And Other Noncash Items
DeferredIncomeTaxesAndOtherNoncashItems
339000000 USD
CY2013 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
257000000 USD
CY2013 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
10000000 USD
CY2013 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-16000000 USD
CY2013 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
167000000 USD
CY2013 fdx Deferred Income Taxes And Other Noncash Items
DeferredIncomeTaxesAndOtherNoncashItems
734000000 USD
CY2013 us-gaap Share Based Compensation
ShareBasedCompensation
109000000 USD
CY2013Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
4917000000 USD
CY2012Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
2843000000 USD
CY2014 fdx Proceeds From Asset Dispositions And Other
ProceedsFromAssetDispositionsAndOther
18000000 USD
CY2014 us-gaap Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
254000000 USD
CY2015 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
1429000000 USD
CY2014 us-gaap Share Based Compensation
ShareBasedCompensation
117000000 USD
CY2013 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
5000000 USD
CY2013 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
2074000000 USD
CY2013 us-gaap Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
280000000 USD
CY2013 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-3803000000 USD
CY2013 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
3375000000 USD
CY2013 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
4688000000 USD
CY2013 us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
-451000000 USD
CY2014 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
4857000000 USD
CY2015 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-27000000 USD
CY2013 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
483000000 USD
CY2014 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-19000000 USD
CY2013 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
246000000 USD
CY2015 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
1254000000 USD
CY2014 fdx Increase Decrease In Pension And Postretirement Healthcare Assets And Liabilities Net
IncreaseDecreaseInPensionAndPostretirementHealthcareAssetsAndLiabilitiesNet
-453000000 USD
CY2013 fdx Increase Decrease In Pension And Postretirement Healthcare Assets And Liabilities Net
IncreaseDecreaseInPensionAndPostretirementHealthcareAssetsAndLiabilitiesNet
-335000000 USD
CY2015 fdx Business Realignment Impairment And Other Charges Noncash
BusinessRealignmentImpairmentAndOtherChargesNoncash
246000000 USD
CY2013 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
1739000000 USD
CY2013 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-18000000 USD
CY2012Q2 us-gaap Stockholders Equity
StockholdersEquity
14727000000 USD
CY2013 fdx Purchase Of Treasury Stock
PurchaseOfTreasuryStock
246000000 USD
CY2015 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
227000000 USD
CY2015 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
481000000 USD
CY2014 fdx Purchase Of Treasury Stock
PurchaseOfTreasuryStock
4857000000 USD
CY2014 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
187000000 USD
CY2014 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
700000000 USD
CY2013Q2 us-gaap Stockholders Equity
StockholdersEquity
17398000000 USD
CY2015 fdx Purchase Of Treasury Stock
PurchaseOfTreasuryStock
1254000000 USD
CY2015 us-gaap Stock Issued During Period Shares Share Based Compensation
StockIssuedDuringPeriodSharesShareBasedCompensation
3700000 shares
CY2015 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
44000000 USD
CY2014 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.60
CY2013 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.56
CY2013 us-gaap Stock Issued During Period Shares Share Based Compensation
StockIssuedDuringPeriodSharesShareBasedCompensation
4200000 shares
CY2013 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
63000000 USD
CY2015 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<p style='margin-top:0pt; margin-bottom:10pt'><font style="font-family:Times New Roman;font-size:11pt;font-style:italic;margin-left:0px;">RECLASSIFICATIONS.</font><font style="font-family:Times New Roman;font-size:11pt;font-style:italic;"> </font><font style="font-family:Times New Roman;font-size:11pt;font-style:italic;"> </font><font style="font-family:Times New Roman;font-size:11pt;">Certain r</font><font style="font-family:Times New Roman;font-size:11pt;">eclassifications</font><font style="font-family:Times New Roman;font-size:11pt;"> have been made to the </font><font style="font-family:Times New Roman;font-size:11pt;">prior years'</font><font style="font-family:Times New Roman;font-size:11pt;"> consolidated financial statements to conform to the current year's presentation. </font></p>
CY2015 us-gaap Advertising Cost Policy Expensed Advertising Cost
AdvertisingCostPolicyExpensedAdvertisingCost
<p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:11pt;font-style:italic;margin-left:0px;">ADVERTISING.</font><font style="font-family:Times New Roman;font-size:11pt;"> Advertising and promotion costs are expensed as incurred and are classified in other operating expenses. Advertising and promotion expenses were $</font><font style="font-family:Times New Roman;font-size:11pt;">403</font><font style="font-family:Times New Roman;font-size:11pt;"> </font><font style="font-family:Times New Roman;font-size:11pt;">million in </font><font style="font-family:Times New Roman;font-size:11pt;">2015</font><font style="font-family:Times New Roman;font-size:11pt;">, $</font><font style="font-family:Times New Roman;font-size:11pt;">4</font><font style="font-family:Times New Roman;font-size:11pt;">07</font><font style="font-family:Times New Roman;font-size:11pt;"> million in </font><font style="font-family:Times New Roman;font-size:11pt;">2014</font><font style="font-family:Times New Roman;font-size:11pt;"> and $</font><font style="font-family:Times New Roman;font-size:11pt;">4</font><font style="font-family:Times New Roman;font-size:11pt;">24</font><font style="font-family:Times New Roman;font-size:11pt;"> million in </font><font style="font-family:Times New Roman;font-size:11pt;">2013</font><font style="font-family:Times New Roman;font-size:11pt;">.</font></p>
CY2015 us-gaap Fiscal Period
FiscalPeriod
<p style='margin-top:0pt; margin-bottom:10pt'><font style="font-family:Times New Roman;font-size:11pt;font-style:italic;margin-left:0px;">FISCAL YEARS</font><font style="font-family:Times New Roman;font-size:11pt;">. Except as otherwise specified, references to years indicate our </font><font style="font-family:Times New Roman;font-size:11pt;">fiscal year ended</font><font style="font-family:Times New Roman;font-size:11pt;"> May 31, </font><font style="font-family:Times New Roman;font-size:11pt;">2015</font><font style="font-family:Times New Roman;font-size:11pt;"> or ended May 31 of the year referenced.</font></p>
CY2015 us-gaap Nature Of Operations
NatureOfOperations
<p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:11pt;font-style:italic;margin-left:0px;">DESCRIPTION OF BUSINESS.</font><font style="font-family:Times New Roman;font-size:11pt;"> FedEx Corporation (&#8220;FedEx&#8221;) provides a broad portfolio of transportation, e-commerce and business services through companies com</font><font style="font-family:Times New Roman;font-size:11pt;">peting collectively, operating independently and managed collaboratively, under the respected FedEx brand. </font><font style="font-family:Times New Roman;font-size:11pt;">Our primary operating companies </font><font style="font-family:Times New Roman;font-size:11pt;">are</font><font style="font-family:Times New Roman;font-size:11pt;"> Federal Express Corporation (&#8220;FedEx Express&#8221;), the world's largest express transportation company; FedEx Ground Package System, Inc. (&#8220;FedEx Ground&#8221;), a leading </font><font style="font-family:Times New Roman;font-size:11pt;">North American </font><font style="font-family:Times New Roman;font-size:11pt;">provider of small-package ground delivery services; </font><font style="font-family:Times New Roman;font-size:11pt;">and FedEx Freight, Inc. (</font><font style="font-family:Times New Roman;font-size:11pt;">&#8220;FedEx Freight&#8221;), a leading </font><font style="font-family:Times New Roman;font-size:11pt;">U.S.</font><font style="font-family:Times New Roman;font-size:11pt;"> p</font><font style="font-family:Times New Roman;font-size:11pt;">rovider of </font><font style="font-family:Times New Roman;font-size:11pt;">less-than-truckload (&#8220;</font><font style="font-family:Times New Roman;font-size:11pt;">LTL</font><font style="font-family:Times New Roman;font-size:11pt;">&#8221;)</font><font style="font-family:Times New Roman;font-size:11pt;"> freight services</font><font style="font-family:Times New Roman;font-size:11pt;">. </font><font style="font-family:Times New Roman;font-size:11pt;">These companies represent our major service lines and, along with FedEx Corporate Services, Inc. (&#8220;FedEx Services&#8221;), form the core of our reportable segments. Our FedEx Services segment provides sales, marketing</font><font style="font-family:Times New Roman;font-size:11pt;">,</font><font style="font-family:Times New Roman;font-size:11pt;"> information technology</font><font style="font-family:Times New Roman;font-size:11pt;">, communications and </font><font style="font-family:Times New Roman;font-size:11pt;">certain </font><font style="font-family:Times New Roman;font-size:11pt;">back-office</font><font style="font-family:Times New Roman;font-size:11pt;"> support to our transportation segments. In addition, the FedEx Services segment provides customers with retail access to FedEx Express and FedEx Ground shipping services through FedEx Office and Print Services, Inc. (&#8220;FedEx Office&#8221;)</font><font style="font-family:Times New Roman;font-size:11pt;">,</font><font style="font-family:Times New Roman;font-size:11pt;"> and provides customer service, technical support and billing and collection services through FedEx </font><font style="font-family:Times New Roman;font-size:11pt;">TechConnect</font><font style="font-family:Times New Roman;font-size:11pt;">, Inc. (&#8220;FedEx </font><font style="font-family:Times New Roman;font-size:11pt;">TechConnect</font><font style="font-family:Times New Roman;font-size:11pt;">&#8221;).</font><font style="font-family:Times New Roman;font-size:11pt;"> </font></p>
CY2014 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
407000000 USD
CY2015 us-gaap Depreciation
Depreciation
2600000000 USD
CY2015 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
37000000 USD
CY2015Q2 us-gaap Stock Repurchase Program Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased
15000000 shares
CY2015Q2 us-gaap Stock Repurchase Program Remaining Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramRemainingNumberOfSharesAuthorizedToBeRepurchased
12200000 shares
CY2015Q2 fdx Number Of Idle Aircraft
NumberOfIdleAircraft
1
CY2015 fdx Aircraft Idle Term
AircraftIdleTerm
2 months
CY2014 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
29000000 USD
CY2014 us-gaap Depreciation
Depreciation
2600000000 USD
CY2013 us-gaap Depreciation
Depreciation
2300000000 USD
CY2013 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
45000000 USD
CY2013 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
424000000 USD
CY2015 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
403000000 USD
CY2014 fdx Voluntary Buyout Employees Accepted
VoluntaryBuyoutEmployeesAccepted
3600
CY2014 fdx Incremental Depreciation
IncrementalDepreciation
74000000 USD
CY2013 fdx Asset Impairments Diluted Eps Impact
AssetImpairmentsDilutedEpsImpact
0.20
CY2013Q2 fdx Number Of Impaired Boeing Md1010 Aircraft
NumberOfImpairedBoeingMD1010Aircraft
5
CY2013Q2 fdx Number Of Impaired Boeing Md1010 Aircraft Engines
NumberOfImpairedBoeingMD1010AircraftEngines
15
CY2015 fdx Depreciable Life Range For Majority Of Aircraft Costs
DepreciableLifeRangeForMajorityOfAircraftCosts
15 to 30
CY2014 fdx Business Realignment Costs Paid
BusinessRealignmentCostsPaid
300000000 USD
CY2013 fdx Incremental Depreciation
IncrementalDepreciation
69000000 USD
CY2015Q2 fdx Aircraft With Shortened Depreciable Lives
AircraftWithShortenedDepreciableLives
23
CY2015 us-gaap Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
276000000 USD
CY2015 fdx Asset Impairments Net Of Tax
AssetImpairmentsNetOfTax
175000000 USD
CY2015 fdx Asset Impairments Diluted Eps Impact
AssetImpairmentsDilutedEpsImpact
0.61
CY2015Q2 fdx Number Of Impaired Airbus300600 Aircraft
NumberOfImpairedAirbus300600Aircraft
3
CY2015Q2 fdx Number Of Impaired Airbus310300 Aircraft
NumberOfImpairedAirbus310300Aircraft
4
CY2015Q2 fdx Number Of Impaired Boeing Md1010 Aircraft
NumberOfImpairedBoeingMD1010Aircraft
1
CY2015Q2 fdx Number Of Impaired Boeing Aircraft Md11 Aircraft
NumberOfImpairedBoeingAircraftMD11Aircraft
7
CY2015Q2 fdx Number Of Impaired Airbus300600 Aircraft Engines
NumberOfImpairedAirbus300600AircraftEngines
3
CY2015Q2 fdx Number Of Impaired Airbus310300 Aircraft Engines
NumberOfImpairedAirbus310300AircraftEngines
3
CY2015Q2 fdx Number Of Impaired Boeing Md1010 Aircraft Engines
NumberOfImpairedBoeingMD1010AircraftEngines
3
CY2015Q2 fdx Number Of Impaired Boeing Md11 Aircraft Engines
NumberOfImpairedBoeingMD11AircraftEngines
12
CY2015 fdx Assetimpairmentnoncash
Assetimpairmentnoncash
246000000 USD
CY2013Q2 fdx Number Of Impaired Airbus310300 Aircraft Engines
NumberOfImpairedAirbus310300AircraftEngines
2
CY2013Q2 fdx Number Of Impaired Airbus310300 Aircraft
NumberOfImpairedAirbus310300Aircraft
3
CY2015 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
154.03
CY2014 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
131.83
CY2013 fdx Business Realignment Costs Paid
BusinessRealignmentCostsPaid
180000000 USD
CY2013 fdx Percent Employees Departed Prior Period
PercentEmployeesDepartedPriorPeriod
0.40
CY2014 fdx Percent Employees To Depart Throughout Current Period
PercentEmployeesToDepartThroughoutCurrentPeriod
0.35
CY2014 fdx Percent Employees To Depart End Of Current Period
PercentEmployeesToDepartEndOfCurrentPeriod
0.25
CY2013 fdx Business Realignment Costs
BusinessRealignmentCosts
560000000 USD
CY2013 fdx Business Realignment Costs Net Of Tax
BusinessRealignmentCostsNetOfTax
353000000 USD
CY2013 fdx Business Realignment Costs Diluted Eps Impact
BusinessRealignmentCostsDilutedEpsImpact
1.11
CY2013Q2 fdx Numberof Impaired Airbus310200 Aircraft
NumberofImpairedAirbus310200Aircraft
2
CY2013 fdx Number Of Impaired Airbus310200 Aircraft Engines
NumberOfImpairedAirbus310200AircraftEngines
4
CY2014Q2 fdx Balance Sheetreclassificationofvehicles
BalanceSheetreclassificationofvehicles
1100000000 USD
CY2012Q2 fdx Aircraft With Shortened Depreciable Lives
AircraftWithShortenedDepreciableLives
54
CY2014Q2 fdx Balance Sheetreclassificationoffacilities
BalanceSheetreclassificationoffacilities
72000000 USD
CY2015Q2 fdx Aircraft Engines With Shortened Depreciable Lives
AircraftEnginesWithShortenedDepreciableLives
57
CY2013 fdx Assetimpairmentnoncash
Assetimpairmentnoncash
100000000 USD
CY2012 us-gaap Cumulative Effect On Retained Earnings Before Tax1
CumulativeEffectOnRetainedEarningsBeforeTax1
8900000000 USD
CY2015 us-gaap Use Of Estimates
UseOfEstimates
<p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:11pt;font-style:italic;margin-left:0px;">USE OF ESTIMATES</font><font style="font-family:Times New Roman;font-size:11pt;">. 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 revenues 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, whi</font><font style="font-family:Times New Roman;font-size:11pt;">ch 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</font><font style="font-family:Times New Roman;font-size:11pt;">;</font><font style="font-family:Times New Roman;font-size:11pt;"> litigation claims; and impairment assessments on long-lived assets (including goodwill).</font></p><p style='margin-top:0pt; margin-bottom:0pt'>&#160;</p>
CY2013Q2 us-gaap Goodwill
Goodwill
2755000000 USD
CY2013Q2 us-gaap Goodwill Gross
GoodwillGross
4065000000 USD
CY2014 us-gaap Goodwill Translation And Purchase Accounting Adjustments
GoodwillTranslationAndPurchaseAccountingAdjustments
11000000 USD
CY2015 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
1133000000 USD
CY2015 us-gaap Goodwill Translation And Purchase Accounting Adjustments
GoodwillTranslationAndPurchaseAccountingAdjustments
-113000000 USD
CY2015Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
207000000 USD
CY2015 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
21000000 USD
CY2014Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
57000000 USD
CY2014 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
23000000 USD
CY2014 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
24000000 USD
CY2015Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
30000000 USD
CY2013 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
27000000 USD
CY2013Q2 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
1310000000 USD
CY2015Q2 us-gaap Accrued Salaries Current
AccruedSalariesCurrent
345000000 USD
CY2015Q2 fdx Percentage Total Aircraft Fleet Leased
PercentageTotalAircraftFleetLeased
0.10
CY2015Q2 us-gaap Accrued Insurance Current
AccruedInsuranceCurrent
865000000 USD
CY2014Q2 us-gaap Accrued Insurance Current
AccruedInsuranceCurrent
811000000 USD
CY2015Q2 us-gaap Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
328000000 USD
CY2014Q2 us-gaap Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
339000000 USD
CY2015Q2 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
1243000000 USD
CY2014Q2 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
913000000 USD
CY2014Q2 us-gaap Accrued Salaries Current
AccruedSalariesCurrent
267000000 USD
CY2015Q2 us-gaap Accrued Employee Benefits Current
AccruedEmployeeBenefitsCurrent
507000000 USD
CY2014Q2 us-gaap Accrued Employee Benefits Current
AccruedEmployeeBenefitsCurrent
434000000 USD
CY2015Q2 us-gaap Accrued Vacation Current
AccruedVacationCurrent
584000000 USD
CY2014Q2 us-gaap Accrued Vacation Current
AccruedVacationCurrent
576000000 USD
CY2014Q2 us-gaap Capital Lease Obligations
CapitalLeaseObligations
11000000 USD
CY2014Q2 fdx Total Debt And Capital Lease Obligations
TotalDebtAndCapitalLeaseObligations
4737000000 USD
CY2015Q2 fdx Total Debt And Capital Lease Obligations
TotalDebtAndCapitalLeaseObligations
7268000000 USD
CY2015Q2 us-gaap Capital Lease Obligations
CapitalLeaseObligations
51000000 USD
CY2014Q2 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
5000000000 USD
CY2015Q2 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
7400000000 USD
CY2015Q2 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
1000000000 USD
CY2015 fdx Line Of Credit Facility Covenant Terms Maximum Leverage Ratio
LineOfCreditFacilityCovenantTermsMaximumLeverageRatio
70%
CY2015 fdx Line Of Credit Facility Covenant Terms Leverage Ratio
LineOfCreditFacilityCovenantTermsLeverageRatio
61%
CY2015 us-gaap Line Of Credit Facility Expiration Date1
LineOfCreditFacilityExpirationDate1
2018-03-01
CY2015Q2 us-gaap Line Of Credit Facility Current Borrowing Capacity
LineOfCreditFacilityCurrentBorrowingCapacity
1000000000 USD
CY2015Q2 fdx Letters Of Credit Outstanding
LettersOfCreditOutstanding
481000000 USD
CY2015Q2 fdx Unused Portion Of Letter Of Credit Facility
UnusedPortionOfLetterOfCreditFacility
182000000 USD
CY2015Q2 fdx Letter Of Credit Maximum Facility
LetterOfCreditMaximumFacility
500000000 USD
CY2015Q2 fdx Surety Bonds Placed
SuretyBondsPlaced
867000000 USD
CY2015 us-gaap Operating Leases Rent Expense Minimum Rentals
OperatingLeasesRentExpenseMinimumRentals
2249000000 USD
CY2014 us-gaap Operating Leases Rent Expense Minimum Rentals
OperatingLeasesRentExpenseMinimumRentals
2154000000 USD
CY2013 us-gaap Operating Leases Rent Expense Minimum Rentals
OperatingLeasesRentExpenseMinimumRentals
2061000000 USD
CY2015 us-gaap Operating Leases Rent Expense Contingent Rentals
OperatingLeasesRentExpenseContingentRentals
194000000 USD
CY2014 us-gaap Operating Leases Rent Expense Contingent Rentals
OperatingLeasesRentExpenseContingentRentals
197000000 USD
CY2013 us-gaap Operating Leases Rent Expense Contingent Rentals
OperatingLeasesRentExpenseContingentRentals
192000000 USD
CY2015 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
2443000000 USD
CY2014 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
2351000000 USD
CY2013 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
2253000000 USD
CY2014 fdx Expected Lives
ExpectedLives
6.2 years
CY2013 fdx Expected Lives
ExpectedLives
6.1 years
CY2015Q2 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
2128000000 USD
CY2015Q2 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
2241000000 USD
CY2015Q2 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
1751000000 USD
CY2015Q2 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
1511000000 USD
CY2015Q2 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
1265000000 USD
CY2015Q2 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
7489000000 USD
CY2015Q2 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
16385000000 USD
CY2014Q2 fdx Percentage Total Aircraft Fleet Leased
PercentageTotalAircraftFleetLeased
0.10
CY2015 fdx Weighted Average Remaining Lease Term Operating
WeightedAverageRemainingLeaseTermOperating
6 years
CY2015Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
4000000 shares
CY2015Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0
CY2015Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2013Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
607000000 USD
CY2013 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
109000000 USD
CY2014 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
117000000 USD
CY2015 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
133000000 USD
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Method Used
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsMethodUsed
Black-Scholes
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
253000000 USD
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
347000000 USD
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
107000000 USD
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
53.33
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
35.79
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
29.20
CY2015 fdx Share Based Compensation Arrangement By Share Based Payment Award Options Vesting Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestingPeriod
0.83
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.34
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0202
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.35
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0147
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.35
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0094
CY2015 fdx Expected Lives
ExpectedLives
6.3 years
CY2015 fdx Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Maximum Term
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedMaximumTerm
10 years
CY2015 fdx Stock Option Vesting Period Range
StockOptionVestingPeriodRange
1 to 4 years
CY2015 fdx Restricted Stock Expiration Period
RestrictedStockExpirationPeriod
ratably over 4 years
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.00561
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.00609
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.00448
CY2014Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
91.71
CY2015Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
101.54
CY2015Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
89.19
CY2015Q2 fdx Share Based Compensation Arrangement By Share Based Payment Award Options Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpectedToVestOutstandingWeightedAverageExercisePrice
117.39
CY2014Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
15634856 shares
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
2445146 shares
CY2015 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
-3516512 shares
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
-341666 shares
CY2015Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
14221824 shares
CY2015Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableNumber
7994368 shares
CY2015Q2 fdx Share Based Compensation Arrangement By Share Based Payment Award Options Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpectedToVestOutstandingNumber
5853809 shares
CY2015Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
13157142 shares
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
107.62
CY2015Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
1031000000 USD
CY2015Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
678000000 USD
CY2015 fdx Share Based Compensation Arrangement By Share Based Payment Award Options Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpectedToVestOutstandingAggregateIntrinsicValue
331000000 USD
CY2015 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
91.18
CY2015Q2 fdx Stock Options Outstanding Weighted Average Remaining Contractual Term
StockOptionsOutstandingWeightedAverageRemainingContractualTerm
6.1
CY2015Q2 fdx Stock Options Exercisable Weighted Average Remaining Contractual Term
StockOptionsExercisableWeightedAverageRemainingContractualTerm
4.5
CY2015 fdx Share Based Compensation Arrangement By Share Based Payment Award Options Expected To Vest Outstanding Weighted Average Remaining Contractual Term
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpectedToVestOutstandingWeightedAverageRemainingContractualTerm
8.2
CY2015 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
150.32
CY2014Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
91.46
CY2015 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
148.89
CY2015Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
112.87
CY2014Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
480157 shares
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
154115 shares
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
-192920 shares
CY2015Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
439042 shares
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
191964 shares
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
220391 shares
CY2014 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
100.8
CY2013 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
85.45
CY2015Q2 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
183000000 USD
CY2015Q2 fdx Ratio Of Outstanding And Available To Grant Shares To Total Outstanding Common And Equity Compensation Shares And Equity Compensation Shares Available For Grant
RatioOfOutstandingAndAvailableToGrantSharesToTotalOutstandingCommonAndEquityCompensationSharesAndEquityCompensationSharesAvailableForGrant
0.09
CY2015 fdx Share Based Compensation Arrangement By Share Based Payment Award Options Vested In Period Weighted Average Grant Date Number Of Shares
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedInPeriodWeightedAverageGrantDateNumberOfShares
2611524 shares
CY2014 fdx Share Based Compensation Arrangement By Share Based Payment Award Options Vested In Period Weighted Average Grant Date Number Of Shares
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedInPeriodWeightedAverageGrantDateNumberOfShares
2408179 shares
CY2013 fdx Share Based Compensation Arrangement By Share Based Payment Award Options Vested In Period Weighted Average Grant Date Number Of Shares
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedInPeriodWeightedAverageGrantDateNumberOfShares
2824757 shares
CY2015Q2 fdx Share Based Compensation Arrangement By Share Based Payment Award Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedInPeriodWeightedAverageGrantDateFairValue
83000000 USD
CY2014Q2 fdx Share Based Compensation Arrangement By Share Based Payment Award Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedInPeriodWeightedAverageGrantDateFairValue
65000000 USD
CY2013Q2 fdx Share Based Compensation Arrangement By Share Based Payment Award Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedInPeriodWeightedAverageGrantDateFairValue
81000000 USD
CY2015 fdx Share Based Compensation Arrangement By Share Based Payment Award Remaining Weighted Average Vesting Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardRemainingWeightedAverageVestingPeriod
2 years
CY2015 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
88.33
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
-2310 shares
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
116.12
CY2015 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
1048000000 USD
CY2014 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
2320000000 USD
CY2013 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
2711000000 USD
CY2015 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
283000000 shares
CY2014 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
307000000 shares
CY2013 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
315000000 shares
CY2015 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
4000000 shares
CY2014 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
3000000 shares
CY2013 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
2000000 shares
CY2015 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
287000000 shares
CY2014 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
310000000 shares
CY2013 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
317000000 shares
CY2015 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
2100000 shares
CY2014 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
3300000 shares
CY2013 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
11100000 shares
CY2015 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
1048000000 USD
CY2014 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
2320000000 USD
CY2013 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
2711000000 USD
CY2015 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-47000000 USD
CY2014 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
82000000 USD
CY2013 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
93000000 USD
CY2015 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
795000000 USD
CY2014 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
624000000 USD
CY2013 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
512000000 USD
CY2015 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
102000000 USD
CY2014 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
56000000 USD
CY2013 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
86000000 USD
CY2015 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
214000000 USD
CY2014 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
194000000 USD
CY2013 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
170000000 USD
CY2015 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
1111000000 USD
CY2014 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
874000000 USD
CY2013 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
768000000 USD
CY2015 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-474000000 USD
CY2014 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
360000000 USD
CY2013 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
802000000 USD
CY2015 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-534000000 USD
CY2014 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
460000000 USD
CY2013 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
854000000 USD
CY2015 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-13000000 USD
CY2014 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
18000000 USD
CY2013 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-41000000 USD
CY2015 fdx Earnings From Foreign Operations
EarningsFromForeignOperations
773000000 USD
CY2014 fdx Earnings From Foreign Operations
EarningsFromForeignOperations
412000000 USD
CY2013 fdx Earnings From Foreign Operations
EarningsFromForeignOperations
-55000000 USD
CY2015 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.350
CY2015 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.355
CY2014 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.365
CY2014 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.350
CY2013 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.350
CY2013 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.374
CY2015 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
569000000 USD
CY2014 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
1280000000 USD
CY2013 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
1518000000 USD
CY2013 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
117000000 USD
CY2014 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
90000000 USD
CY2014Q2 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
368000000 USD
CY2015Q2 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
326000000 USD
CY2014Q2 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
333000000 USD
CY2015Q2 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
224000000 USD
CY2014Q2 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
245000000 USD
CY2015Q2 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
3308000000 USD
CY2014Q2 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
2595000000 USD
CY2015 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
36000000 USD
CY2015 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-43000000 USD
CY2014 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-38000000 USD
CY2013 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-21000000 USD
CY2013 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
8000000 USD
CY2014 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
2000000 USD
CY2015 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
15000000 USD
CY2015Q2 fdx Deferred Tax Assets Property Equipment Leases And Intangibles
DeferredTaxAssetsPropertyEquipmentLeasesAndIntangibles
93000000 USD
CY2014Q2 fdx Deferred Tax Assets Property Equipment Leases And Intangibles
DeferredTaxAssetsPropertyEquipmentLeasesAndIntangibles
120000000 USD
CY2015Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeBenefits
2029000000 USD
CY2014Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeBenefits
1464000000 USD
CY2015Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Self Insurance
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsSelfInsurance
607000000 USD
CY2014Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Self Insurance
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsSelfInsurance
555000000 USD
CY2015Q2 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
477000000 USD
CY2015Q2 fdx Deferred Tax Liabilities Property Equipment Leases And Intangibles
DeferredTaxLiabilitiesPropertyEquipmentLeasesAndIntangibles
3872000000 USD
CY2014Q2 fdx Deferred Tax Liabilities Property Equipment Leases And Intangibles
DeferredTaxLiabilitiesPropertyEquipmentLeasesAndIntangibles
3730000000 USD
CY2015Q2 fdx Deferred Tax Liabilities Employee Benefits
DeferredTaxLiabilitiesEmployeeBenefits
13000000 USD
CY2014Q2 fdx Deferred Tax Liabilities Employee Benefits
DeferredTaxLiabilitiesEmployeeBenefits
11000000 USD
CY2015Q2 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
414000000 USD
CY2014Q2 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
366000000 USD
CY2015Q2 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
4299000000 USD
CY2014Q2 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
4107000000 USD
CY2015Q2 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
-991000000 USD
CY2014Q2 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
-1512000000 USD
CY2015Q2 us-gaap Deferred Tax Assets Liabilities Net Current
DeferredTaxAssetsLiabilitiesNetCurrent
606000000 USD
CY2014Q2 us-gaap Deferred Tax Assets Liabilities Net Current
DeferredTaxAssetsLiabilitiesNetCurrent
522000000 USD
CY2015Q2 us-gaap Deferred Tax Assets Liabilities Net Noncurrent
DeferredTaxAssetsLiabilitiesNetNoncurrent
-1747000000 USD
CY2014Q2 us-gaap Deferred Tax Assets Liabilities Net Noncurrent
DeferredTaxAssetsLiabilitiesNetNoncurrent
-2114000000 USD
CY2015Q2 us-gaap Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
150000000 USD
CY2014Q2 us-gaap Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
80000000 USD
CY2015 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
6000000 USD
CY2014 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
3000000 USD
CY2013 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
3000000 USD
CY2015 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
2000000 USD
CY2014 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
3000000 USD
CY2013 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
3000000 USD
CY2015 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
2000000 USD
CY2014 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
6000000 USD
CY2013 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
9000000 USD
CY2015 fdx Unremitted Earnings Of Foreign Subsidiaries
UnremittedEarningsOfForeignSubsidiaries
1900000000 USD
CY2014 fdx Unremitted Earnings Of Foreign Subsidiaries
UnremittedEarningsOfForeignSubsidiaries
1600000000 USD
CY2015Q2 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
19000000 USD
CY2014Q2 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
19000000 USD
CY2012Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
51000000 USD
CY2015 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
1000000 USD
CY2014 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
1000000 USD
CY2013 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
1000000 USD
CY2015Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
36000000 USD
CY2014Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
38000000 USD
CY2013Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
47000000 USD
CY2015 fdx Permanent Reinvestment Strategy Benefit To Effective Tax Rate
PermanentReinvestmentStrategyBenefitToEffectiveTaxRate
48000000 USD
CY2015Q2 fdx Cash In Offshore Jurisdictions
CashInOffshoreJurisdictions
478000000 USD
CY2014Q2 fdx Cash In Offshore Jurisdictions
CashInOffshoreJurisdictions
471000000 USD
CY2015 fdx Unrecognized Tax Benefits Changes Resulting From Currency Translation
UnrecognizedTaxBenefitsChangesResultingFromCurrencyTranslation
-5000000 USD
CY2014 fdx Unrecognized Tax Benefits Changes Resulting From Currency Translation
UnrecognizedTaxBenefitsChangesResultingFromCurrencyTranslation
-1000000 USD
CY2015 fdx Percent Income Earned In Us Companies
PercentIncomeEarnedInUsCompanies
0.75
CY2015Q2 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
31000000 USD
CY2014Q2 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
33000000 USD
CY2013 us-gaap Unrecognized Tax Benefits Increases Resulting From Acquisition
UnrecognizedTaxBenefitsIncreasesResultingFromAcquisition
4000000 USD
CY2013 fdx Unrecognized Tax Benefits Changes Resulting From Currency Translation
UnrecognizedTaxBenefitsChangesResultingFromCurrencyTranslation
2000000 USD
CY2014 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
3000000 USD
CY2013 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
2000000 USD
CY2015 fdx Pension Plan Net Periodic Benefit Cost
PensionPlanNetPeriodicBenefitCost
-41000000 USD
CY2014 fdx Pension Plan Net Periodic Benefit Cost
PensionPlanNetPeriodicBenefitCost
99000000 USD
CY2013 fdx Pension Plan Net Periodic Benefit Cost
PensionPlanNetPeriodicBenefitCost
163000000 USD
CY2015 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
385000000 USD
CY2014 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
363000000 USD
CY2013 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
354000000 USD
CY2015 fdx Postretirement Healthcare Plans Net Periodic Benefit Cost
PostretirementHealthcarePlansNetPeriodicBenefitCost
81000000 USD
CY2014 fdx Postretirement Healthcare Plans Net Periodic Benefit Cost
PostretirementHealthcarePlansNetPeriodicBenefitCost
78000000 USD
CY2013 fdx Postretirement Healthcare Plans Net Periodic Benefit Cost
PostretirementHealthcarePlansNetPeriodicBenefitCost
78000000 USD
CY2015 us-gaap Pension And Other Postretirement Benefit Expense
PensionAndOtherPostretirementBenefitExpense
2615000000 USD
CY2014 us-gaap Pension And Other Postretirement Benefit Expense
PensionAndOtherPostretirementBenefitExpense
555000000 USD
CY2013 us-gaap Pension And Other Postretirement Benefit Expense
PensionAndOtherPostretirementBenefitExpense
-773000000 USD
CY2015 fdx Retirement Plans Mark To Market
RetirementPlansMarkToMarket
2190000000 USD
CY2014 fdx Retirement Plans Mark To Market
RetirementPlansMarkToMarket
15000000 USD
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RetirementPlansMarkToMarket
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CY2015 fdx Discount Rates Mtm
DiscountRatesMTM
791000000 USD
CY2014 fdx Discount Rates Mtm
DiscountRatesMTM
705000000 USD
CY2013 fdx Discount Rates Mtm
DiscountRatesMTM
-1076000000 USD
CY2013Q2 fdx Return On Assets
ReturnOnAssets
-696000000 USD
CY2014Q2 fdx Return On Assets
ReturnOnAssets
-1013000000 USD
CY2015Q2 fdx Return On Assets
ReturnOnAssets
-35000000 USD
CY2015Q2 fdx Demographicassumptions
Demographicassumptions
1434000000 USD
CY2014Q2 fdx Demographicassumptions
Demographicassumptions
323000000 USD
CY2013Q2 fdx Demographicassumptions
Demographicassumptions
404000000 USD
CY2015 fdx Increaseinoverallprojectedbenefitobligation
Increaseinoverallprojectedbenefitobligation
1200000000 USD
CY2014 fdx U Spensionplanactualrateofretrunonassets
USpensionplanactualrateofretrunonassets
0.133
CY2013 fdx U Spensionplanactualrateofretrunonassets
USpensionplanactualrateofretrunonassets
0.121
CY2015 fdx Weighted Average Discount Rate Percentallpensionpostretirementplans
WeightedAverageDiscountRatePercentallpensionpostretirementplans
0.0438
CY2014 fdx Weighted Average Discount Rate Percentallpensionpostretirementplans
WeightedAverageDiscountRatePercentallpensionpostretirementplans
0.0457
CY2013 fdx Weighted Average Discount Rate Percentallpensionpostretirementplans
WeightedAverageDiscountRatePercentallpensionpostretirementplans
0.0476
CY2012 fdx Weighted Average Discount Rate Percentallpensionpostretirementplans
WeightedAverageDiscountRatePercentallpensionpostretirementplans
0.0444
CY2015 fdx Defined Benefit Plan Assets Actual Rate Of Return For Fifteen Year Period
DefinedBenefitPlanAssetsActualRateOfReturnForFifteenYearPeriod
0.0670
CY2015Q2 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
23006000000 USD
CY2015Q2 fdx Quoted Prices In Active Markets Level1
QuotedPricesInActiveMarketsLevel1
3565000000 USD
CY2015Q2 fdx Other Observable Inputs Level2
OtherObservableInputsLevel2
19215000000 USD
CY2015Q2 fdx Unobservable Inputs Level3
UnobservableInputsLevel3
226000000 USD
CY2014Q2 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
21444000000 USD
CY2014Q2 fdx Quoted Prices In Active Markets Level1
QuotedPricesInActiveMarketsLevel1
3141000000 USD
CY2014Q2 fdx Other Observable Inputs Level2
OtherObservableInputsLevel2
18027000000 USD
CY2014Q2 fdx Unobservable Inputs Level3
UnobservableInputsLevel3
276000000 USD
CY2014Q2 fdx Defined Benefit Plan Funded Status Where Projected Obligation Exceeds Fair Value Of Assets
DefinedBenefitPlanFundedStatusWhereProjectedObligationExceedsFairValueOfAssets
-2676000000 USD
CY2015Q2 us-gaap Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Fair Value Of Plan Assets
DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateFairValueOfPlanAssets
23099000000 USD
CY2015Q2 us-gaap Defined Benefit Plan Plans With Benefit Obligations In Excess Of Plan Assets Aggregate Fair Value Of Plan Assets
DefinedBenefitPlanPlansWithBenefitObligationsInExcessOfPlanAssetsAggregateFairValueOfPlanAssets
23099000000 USD
CY2014Q2 us-gaap Defined Benefit Plan Plans With Benefit Obligations In Excess Of Plan Assets Aggregate Fair Value Of Plan Assets
DefinedBenefitPlanPlansWithBenefitObligationsInExcessOfPlanAssetsAggregateFairValueOfPlanAssets
21543000000 USD
CY2015Q2 us-gaap Defined Benefit Plan Plans With Benefit Obligations In Excess Of Plan Assets Aggregate Benefit Obligation
DefinedBenefitPlanPlansWithBenefitObligationsInExcessOfPlanAssetsAggregateBenefitObligation
27132000000 USD
CY2014Q2 us-gaap Defined Benefit Plan Plans With Benefit Obligations In Excess Of Plan Assets Aggregate Benefit Obligation
DefinedBenefitPlanPlansWithBenefitObligationsInExcessOfPlanAssetsAggregateBenefitObligation
24219000000 USD
CY2015Q2 fdx Defined Benefit Plan Funded Status Where Projected Obligation Exceeds Fair Value Of Assets
DefinedBenefitPlanFundedStatusWhereProjectedObligationExceedsFairValueOfAssets
-4033000000 USD
CY2014Q2 us-gaap Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Fair Value Of Plan Assets
DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateFairValueOfPlanAssets
21542000000 USD
CY2015Q2 us-gaap Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Projected Benefit Obligation
DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateProjectedBenefitObligation
27132000000 USD
CY2014Q2 us-gaap Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Projected Benefit Obligation
DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateProjectedBenefitObligation
24218000000 USD
CY2015Q2 fdx Defined Benefit Plan Funded Status Where Accumulated Obligation Exceeds Fair Value Of Assets
DefinedBenefitPlanFundedStatusWhereAccumulatedObligationExceedsFairValueOfAssets
-4033000000 USD
CY2014Q2 fdx Defined Benefit Plan Funded Status Where Accumulated Obligation Exceeds Fair Value Of Assets
DefinedBenefitPlanFundedStatusWhereAccumulatedObligationExceedsFairValueOfAssets
-2676000000 USD
CY2015Q2 us-gaap Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Accumulated Benefit Obligation
DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateAccumulatedBenefitObligation
26413000000 USD
CY2014Q2 us-gaap Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Accumulated Benefit Obligation
DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateAccumulatedBenefitObligation
23447000000 USD
CY2014 fdx Required Pension Plans Contributions By Employer
RequiredPensionPlansContributionsByEmployer
645000000 USD
CY2015 fdx Required Pension Plans Contributions By Employer
RequiredPensionPlansContributionsByEmployer
388000000 USD
CY2015 fdx Defined Benefit Plan Us Contributions By Employer
DefinedBenefitPlanUSContributionsByEmployer
660000000 USD
CY2014 fdx Defined Benefit Plan Us Contributions By Employer
DefinedBenefitPlanUSContributionsByEmployer
660000000 USD
CY2015 fdx Required Pensions Contributions Remaining
RequiredPensionsContributionsRemaining
500000000 USD
CY2015 fdx Voluntary Pension Plans Contributions By Employer
VoluntaryPensionPlansContributionsByEmployer
272000000 USD
CY2014 fdx Voluntary Pension Plans Contributions By Employer
VoluntaryPensionPlansContributionsByEmployer
15000000 USD
CY2015 fdx Pensions Contributions Remaining
PensionsContributionsRemaining
660000000 USD
CY2013Q2 fdx International Noncurrent Assets
InternationalNoncurrentAssets
2656000000 USD
CY2013Q2 fdx United States Noncurrent Assets
UnitedStatesNoncurrentAssets
19637000000 USD
CY2013Q2 us-gaap Assets Noncurrent
AssetsNoncurrent
22293000000 USD
CY2013 fdx United States Revenue
UnitedStatesRevenue
30948000000 USD
CY2015 us-gaap Defined Benefit Plan Health Care Cost Trend Rate Assumed For Next Fiscal Year
DefinedBenefitPlanHealthCareCostTrendRateAssumedForNextFiscalYear
0.073
CY2015 us-gaap Defined Benefit Plan Ultimate Health Care Cost Trend Rate
DefinedBenefitPlanUltimateHealthCareCostTrendRate
0.045
CY2015Q2 us-gaap Defined Benefit Plan Year That Rate Reaches Ultimate Trend Rate
DefinedBenefitPlanYearThatRateReachesUltimateTrendRate
2029
CY2013 us-gaap Depreciation And Amortization
DepreciationAndAmortization
2386000000 USD
CY2014 us-gaap Depreciation And Amortization
DepreciationAndAmortization
2587000000 USD
CY2015 us-gaap Depreciation And Amortization
DepreciationAndAmortization
2611000000 USD
CY2015 fdx United States Revenue
UnitedStatesRevenue
34216000000 USD
CY2015Q2 fdx United States Noncurrent Assets
UnitedStatesNoncurrentAssets
23514000000 USD
CY2015Q2 fdx International Noncurrent Assets
InternationalNoncurrentAssets
2614000000 USD
CY2015Q2 us-gaap Assets Noncurrent
AssetsNoncurrent
26128000000 USD
CY2014Q2 fdx United States Noncurrent Assets
UnitedStatesNoncurrentAssets
20658000000 USD
CY2014Q2 fdx International Noncurrent Assets
InternationalNoncurrentAssets
2729000000 USD
CY2014Q2 us-gaap Assets Noncurrent
AssetsNoncurrent
23387000000 USD
CY2014 fdx United States Revenue
UnitedStatesRevenue
32259000000 USD
CY2013Q4 us-gaap Revenues
Revenues
11403000000 USD
CY2014Q1 us-gaap Revenues
Revenues
11301000000 USD
CY2015 us-gaap Interest Paid Net
InterestPaidNet
201000000 USD
CY2014 us-gaap Interest Paid Net
InterestPaidNet
131000000 USD
CY2013 us-gaap Interest Paid Net
InterestPaidNet
80000000 USD
CY2015 us-gaap Income Taxes Paid
IncomeTaxesPaid
1122000000 USD
CY2014 us-gaap Income Taxes Paid
IncomeTaxesPaid
820000000 USD
CY2013 us-gaap Income Taxes Paid
IncomeTaxesPaid
687000000 USD
CY2015 us-gaap Proceeds From Income Tax Refunds
ProceedsFromIncomeTaxRefunds
9000000 USD
CY2014 us-gaap Proceeds From Income Tax Refunds
ProceedsFromIncomeTaxRefunds
54000000 USD
CY2013 us-gaap Proceeds From Income Tax Refunds
ProceedsFromIncomeTaxRefunds
219000000 USD
CY2015 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
1113000000 USD
CY2014 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
766000000 USD
CY2013 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
468000000 USD
CY2015Q2 fdx Guaranteed Principal Amount Of Special Facility Revenue Bonds
GuaranteedPrincipalAmountOfSpecialFacilityRevenueBonds
483000000 USD
CY2015Q2 fdx Future Principal And Interest Payments For Special Facility Revenue Bonds
FuturePrincipalAndInterestPaymentsForSpecialFacilityRevenueBonds
578000000 USD
CY2015Q2 us-gaap Unrecorded Unconditional Purchase Obligation Balance On First Anniversary
UnrecordedUnconditionalPurchaseObligationBalanceOnFirstAnniversary
2315000000 USD
CY2015Q2 us-gaap Unrecorded Unconditional Purchase Obligation Balance On Second Anniversary
UnrecordedUnconditionalPurchaseObligationBalanceOnSecondAnniversary
1259000000 USD
CY2015Q2 us-gaap Unrecorded Unconditional Purchase Obligation Balance On Third Anniversary
UnrecordedUnconditionalPurchaseObligationBalanceOnThirdAnniversary
1527000000 USD
CY2015Q2 us-gaap Unrecorded Unconditional Purchase Obligation Balance On Fourth Anniversary
UnrecordedUnconditionalPurchaseObligationBalanceOnFourthAnniversary
1086000000 USD
CY2015Q2 us-gaap Unrecorded Unconditional Purchase Obligation Balance On Fifth Anniversary
UnrecordedUnconditionalPurchaseObligationBalanceOnFifthAnniversary
684000000 USD
CY2015Q2 us-gaap Unrecorded Unconditional Purchase Obligation Due After Five Years
UnrecordedUnconditionalPurchaseObligationDueAfterFiveYears
3875000000 USD
CY2015Q2 fdx Deposit And Progress Payments
DepositAndProgressPayments
472000000 USD
CY2015Q2 us-gaap Unrecorded Unconditional Purchase Obligation Balance Sheet Amount
UnrecordedUnconditionalPurchaseObligationBalanceSheetAmount
10746000000 USD
CY2015Q2 fdx Conditional Aircraft Commitments Boeing767
ConditionalAircraftCommitmentsBoeing767
3
CY2015Q2 fdx Conditional Aircraft Commitments Boeing777
ConditionalAircraftCommitmentsBoeing777
9
CY2015Q2 fdx Aircraft Purchase Obligation With Delivery Due In Third Fiscal Year
AircraftPurchaseObligationWithDeliveryDueInThirdFiscalYear
13
CY2015Q2 fdx Aircraft Purchase Obligation With Delivery Due In Fourth Fiscal Year
AircraftPurchaseObligationWithDeliveryDueInFourthFiscalYear
8
CY2015Q2 fdx Aircraft Purchase Obligation With Delivery Within Fiscal Year
AircraftPurchaseObligationWithDeliveryWithinFiscalYear
13
CY2015Q2 fdx Aircraft Purchase Obligation With Delivery Due In Second Fiscal Year
AircraftPurchaseObligationWithDeliveryDueInSecondFiscalYear
12
CY2015Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
1038000000 USD
CY2013Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
891000000 USD
CY2013Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
923000000 USD
CY2014Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
737000000 USD
CY2014Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
1264000000 USD
CY2015Q2 fdx Aircraft Purchase Obligation With Delivery Due In Fifth Fiscal Year
AircraftPurchaseObligationWithDeliveryDueInFifthFiscalYear
3
CY2015Q2 fdx Aircraft Purchase Obligation With Delivery Due After Fifth Fiscal Year
AircraftPurchaseObligationWithDeliveryDueAfterFifthFiscalYear
9
CY2015Q2 fdx Aircraft Purchase Obligation
AircraftPurchaseObligation
58
CY2015 us-gaap Litigation Settlement Amount
LitigationSettlementAmount
228000000 USD
CY2015 fdx Related Party Ownership Interest
RelatedPartyOwnershipInterest
0.1
CY2014Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
1062000000 USD
CY2014Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
1088000000 USD
CY2014Q3 us-gaap Net Income Loss
NetIncomeLoss
653000000 USD
CY2014Q4 us-gaap Net Income Loss
NetIncomeLoss
663000000 USD
CY2015Q1 us-gaap Net Income Loss
NetIncomeLoss
628000000 USD
CY2013Q3 us-gaap Net Income Loss
NetIncomeLoss
548000000 USD
CY2013Q4 us-gaap Net Income Loss
NetIncomeLoss
559000000 USD
CY2014Q1 us-gaap Net Income Loss
NetIncomeLoss
437000000 USD
CY2014Q2 us-gaap Net Income Loss
NetIncomeLoss
780000000 USD
CY2014Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.29
CY2014Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.34
CY2015Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.21
CY2015Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-3.16
CY2013Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.73
CY2013Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.77
CY2014Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.44
CY2014Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.66
CY2014Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.26
CY2014Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.31
CY2015Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.18
CY2015Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-3.16
CY2013Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.72
CY2013Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.75
CY2014Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.42
CY2014Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.62
CY2014Q3 us-gaap Revenues
Revenues
11684000000 USD
CY2014Q4 us-gaap Revenues
Revenues
11939000000 USD
CY2015Q1 us-gaap Revenues
Revenues
11716000000 USD
CY2013Q3 us-gaap Revenues
Revenues
11024000000 USD
CY2014Q2 us-gaap Revenues
Revenues
11839000000 USD
CY2015Q2 us-gaap Revenues
Revenues
12114000000 USD
CY2015Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-1321000000 USD
CY2015Q2 us-gaap Net Income Loss
NetIncomeLoss
-895000000 USD
CY2015Q2 us-gaap Asset Impairment Charges
AssetImpairmentCharges
276000000 USD
CY2015Q2 fdx Markto Marketpensionaccounting
MarktoMarketpensionaccounting
2200000000 USD
CY2015Q2 us-gaap Loss Contingency Loss In Period
LossContingencyLossInPeriod
197000000 USD
CY2015Q2 fdx Spare Parts Supplies Fuel Prepaid Expenses And Other Net
SparePartsSuppliesFuelPrepaidExpensesAndOtherNet
853000000 USD
CY2015Q2 us-gaap Other Liabilities
OtherLiabilities
7123000000 USD
CY2015Q2 us-gaap Guarantee Obligations Maximum Exposure
GuaranteeObligationsMaximumExposure
7000000000 USD
CY2014Q2 fdx Spare Parts Supplies Fuel Prepaid Expenses And Other Net
SparePartsSuppliesFuelPrepaidExpensesAndOtherNet
793000000 USD
CY2014Q2 us-gaap Other Liabilities
OtherLiabilities
5631000000 USD
CY2014 fdx Interest Net
InterestNet
-142000000 USD
CY2015 fdx Interest Net
InterestNet
-221000000 USD
CY2013 fdx Interest Net
InterestNet
-61000000 USD

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