2016 Q1 Form 10-Q Financial Statement
#000119312516508426 Filed on March 17, 2016
Income Statement
Concept | 2016 Q1 | 2015 Q1 |
---|---|---|
Revenue | $12.65B | $11.72B |
YoY Change | 8.01% | 3.67% |
Cost Of Revenue | $3.160B | $2.975B |
YoY Change | 6.22% | -7.78% |
Gross Profit | $9.494B | $8.741B |
YoY Change | 8.61% | 8.25% |
Gross Profit Margin | 75.03% | 74.61% |
Selling, General & Admin | $5.960B | $5.526B |
YoY Change | 7.85% | 4.92% |
% of Gross Profit | 62.78% | 63.22% |
Research & Development | ||
YoY Change | ||
% of Gross Profit | ||
Depreciation & Amortization | $663.0M | $652.0M |
YoY Change | 1.69% | 0.0% |
% of Gross Profit | 6.98% | 7.46% |
Operating Expenses | $11.79B | $10.68B |
YoY Change | 10.41% | 43.64% |
Operating Profit | $864.0M | $1.038B |
YoY Change | -16.76% | 40.84% |
Interest Expense | -$81.00M | -$58.00M |
YoY Change | 39.66% | 52.63% |
% of Operating Profit | -9.38% | -5.59% |
Other Income/Expense, Net | -$82.00M | -$53.00M |
YoY Change | 54.72% | 488.89% |
Pretax Income | $782.0M | $985.0M |
YoY Change | -20.61% | 65.82% |
Income Tax | $275.0M | $357.0M |
% Of Pretax Income | 35.17% | 36.24% |
Net Earnings | $507.0M | $628.0M |
YoY Change | -19.27% | 43.71% |
Net Earnings / Revenue | 4.01% | 5.36% |
Basic Earnings Per Share | $1.86 | $2.21 |
Diluted Earnings Per Share | $1.84 | $2.18 |
COMMON SHARES | ||
Basic Shares Outstanding | 272.0M | 283.0M shares |
Diluted Shares Outstanding | 275.0M | 287.0M shares |
Balance Sheet
Concept | 2016 Q1 | 2015 Q1 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $2.841B | $3.478B |
YoY Change | -18.32% | 14.33% |
Cash & Equivalents | $2.841B | $3.478B |
Short-Term Investments | ||
Other Short-Term Assets | $1.286B | $932.0M |
YoY Change | 37.98% | -13.7% |
Inventory | $476.0M | $488.0M |
Prepaid Expenses | ||
Receivables | $5.634B | $5.584B |
Other Receivables | $0.00 | $0.00 |
Total Short-Term Assets | $10.24B | $10.48B |
YoY Change | -2.34% | 7.17% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $22.55B | $20.43B |
YoY Change | 10.41% | 5.91% |
Goodwill | $3.805B | |
YoY Change | ||
Intangibles | ||
YoY Change | ||
Long-Term Investments | ||
YoY Change | ||
Other Assets | $1.266B | $1.396B |
YoY Change | -9.31% | 51.08% |
Total Long-Term Assets | $27.58B | $25.63B |
YoY Change | 7.63% | 11.67% |
TOTAL ASSETS | ||
Total Short-Term Assets | $10.24B | $10.48B |
Total Long-Term Assets | $27.58B | $25.63B |
Total Assets | $37.82B | $36.11B |
YoY Change | 4.74% | 10.32% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $2.024B | $2.050B |
YoY Change | -1.27% | 7.72% |
Accrued Expenses | $3.904B | $3.193B |
YoY Change | 22.27% | 2.5% |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | $11.00M | $0.00 |
YoY Change | -100.0% | |
Total Short-Term Liabilities | $5.939B | $5.243B |
YoY Change | 13.27% | 4.46% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $8.477B | $7.228B |
YoY Change | 17.28% | 52.65% |
Other Long-Term Liabilities | $7.030B | $5.128B |
YoY Change | 37.09% | -9.48% |
Total Long-Term Liabilities | $15.51B | $12.36B |
YoY Change | 25.5% | 18.81% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $5.939B | $5.243B |
Total Long-Term Liabilities | $15.51B | $12.36B |
Total Liabilities | $23.49B | $20.10B |
YoY Change | 16.9% | 14.82% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | ||
YoY Change | ||
Common Stock | $2.869B | |
YoY Change | ||
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $14.33B | $16.01B |
YoY Change | ||
Total Liabilities & Shareholders Equity | $37.82B | $36.11B |
YoY Change | 4.74% | 10.32% |
Cashflow Statement
Concept | 2016 Q1 | 2015 Q1 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $507.0M | $628.0M |
YoY Change | -19.27% | 43.71% |
Depreciation, Depletion And Amortization | $663.0M | $652.0M |
YoY Change | 1.69% | 0.0% |
Cash From Operating Activities | $1.342B | $1.322B |
YoY Change | 1.51% | 36.43% |
INVESTING ACTIVITIES | ||
Capital Expenditures | -$1.017B | -$1.079B |
YoY Change | -5.75% | 24.88% |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | -$12.00M | -$1.420B |
YoY Change | -99.15% | -35600.0% |
Cash From Investing Activities | -$1.029B | -$2.499B |
YoY Change | -58.82% | 190.58% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | $1.000B | $69.00M |
YoY Change | 1349.28% | |
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | -1.094B | 2.433B |
YoY Change | -144.97% | -344.52% |
NET CHANGE | ||
Cash From Operating Activities | 1.342B | 1.322B |
Cash From Investing Activities | -1.029B | -2.499B |
Cash From Financing Activities | -1.094B | 2.433B |
Net Change In Cash | -781.0M | 1.256B |
YoY Change | -162.18% | -241.76% |
FREE CASH FLOW | ||
Cash From Operating Activities | $1.342B | $1.322B |
Capital Expenditures | -$1.017B | -$1.079B |
Free Cash Flow | $2.359B | $2.401B |
YoY Change | -1.75% | 30.99% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
fdx |
Aircraft Purchase Obligation With Delivery Due In Fourth Fiscal Year
AircraftPurchaseObligationWithDeliveryDueInFourthFiscalYear
|
15 | ||
fdx |
Aircraft Purchase Obligation With Delivery Due In Fifth Fiscal Year
AircraftPurchaseObligationWithDeliveryDueInFifthFiscalYear
|
15 | ||
fdx |
Aircraft Purchase Obligation With Delivery Due After Fifth Fiscal Year
AircraftPurchaseObligationWithDeliveryDueAfterFifthFiscalYear
|
35 | ||
fdx |
Aircraft Purchase Obligation
AircraftPurchaseObligation
|
96 | ||
dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001048911 | ||
dei |
Trading Symbol
TradingSymbol
|
FDX | ||
CY2016Q1 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
268423762 | shares |
CY2016Q1 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
2869000000 | USD |
CY2015Q2 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
2786000000 | USD |
dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--05-31 | ||
CY2016Q1 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
678000000 | USD |
CY2015Q2 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
355000000 | USD |
CY2016Q1 | us-gaap |
Assets Noncurrent Other Than Noncurrent Investments And Property Plant And Equipment
AssetsNoncurrentOtherThanNoncurrentInvestmentsAndPropertyPlantAndEquipment
|
5030000000 | USD |
CY2015Q2 | us-gaap |
Assets Noncurrent Other Than Noncurrent Investments And Property Plant And Equipment
AssetsNoncurrentOtherThanNoncurrentInvestmentsAndPropertyPlantAndEquipment
|
5253000000 | USD |
CY2016Q1 | us-gaap |
Liabilities Other Than Longterm Debt Noncurrent
LiabilitiesOtherThanLongtermDebtNoncurrent
|
9076000000 | USD |
CY2016Q1 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
CY2016Q1 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-159000000 | USD |
CY2015Q2 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
172000000 | USD |
CY2016Q1 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.10 | |
CY2016Q1 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
800000000 | shares |
CY2015Q2 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
185000000 | USD |
CY2016Q1 | us-gaap |
Shipping Handling And Transportation Costs
ShippingHandlingAndTransportationCosts
|
2623000000 | USD |
CY2015Q1 | us-gaap |
Shipping Handling And Transportation Costs
ShippingHandlingAndTransportationCosts
|
2165000000 | USD |
CY2015Q2 | us-gaap |
Liabilities Other Than Longterm Debt Noncurrent
LiabilitiesOtherThanLongtermDebtNoncurrent
|
8870000000 | USD |
CY2016Q1 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
187000000 | USD |
CY2015Q1 | us-gaap |
Revenues
Revenues
|
11716000000 | USD |
CY2015Q1 | us-gaap |
Cost Of Property Repairs And Maintenance
CostOfPropertyRepairsAndMaintenance
|
505000000 | USD |
CY2015Q1 | fdx |
Rentals And Landing Fees
RentalsAndLandingFees
|
686000000 | USD |
CY2015Q1 | us-gaap |
Other Cost And Expense Operating
OtherCostAndExpenseOperating
|
1525000000 | USD |
CY2015Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
1038000000 | USD |
us-gaap |
Shipping Handling And Transportation Costs
ShippingHandlingAndTransportationCosts
|
6404000000 | USD | |
CY2015Q2 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
CY2016Q1 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
318000000 | shares |
CY2015Q2 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.10 | |
CY2015Q2 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
800000000 | shares |
CY2015Q2 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
318000000 | shares |
CY2015Q2 | fdx |
Allowances For Spare Parts Supplies And Fuel
AllowancesForSparePartsSuppliesAndFuel
|
207000000 | USD |
us-gaap |
Revenues
Revenues
|
37386000000 | USD | |
CY2015Q1 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-53000000 | USD |
CY2015Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
985000000 | USD |
us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
1429000000 | USD | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
1954000000 | USD | |
CY2015Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-170000000 | USD |
us-gaap |
Other Cost And Expense Operating
OtherCostAndExpenseOperating
|
5399000000 | USD | |
us-gaap |
Revenues
Revenues
|
35339000000 | USD | |
CY2015Q1 | us-gaap |
Fuel Costs
FuelCosts
|
810000000 | USD |
CY2015Q1 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
5000000 | USD |
us-gaap |
Shipping Handling And Transportation Costs
ShippingHandlingAndTransportationCosts
|
7505000000 | USD | |
fdx |
Rentals And Landing Fees
RentalsAndLandingFees
|
2121000000 | USD | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
1964000000 | USD | |
us-gaap |
Fuel Costs
FuelCosts
|
1864000000 | USD | |
us-gaap |
Cost Of Property Repairs And Maintenance
CostOfPropertyRepairsAndMaintenance
|
1581000000 | USD | |
fdx |
Rentals And Landing Fees
RentalsAndLandingFees
|
2009000000 | USD | |
us-gaap |
Fuel Costs
FuelCosts
|
2982000000 | USD | |
us-gaap |
Cost Of Property Repairs And Maintenance
CostOfPropertyRepairsAndMaintenance
|
1604000000 | USD | |
us-gaap |
Other Cost And Expense Operating
OtherCostAndExpenseOperating
|
4520000000 | USD | |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
3188000000 | USD | |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
8000000 | USD | |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-145000000 | USD | |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
3043000000 | USD | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
6.75 | ||
us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
1.00 | ||
CY2016Q1 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.25 | |
CY2015Q1 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.20 | |
us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.80 | ||
us-gaap |
Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
|
-153000000 | USD | |
CY2016Q1 | us-gaap |
Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
|
-81000000 | USD |
CY2015Q1 | us-gaap |
Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
|
-58000000 | USD |
us-gaap |
Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
|
-218000000 | USD | |
CY2016Q1 | us-gaap |
Operating Expenses
OperatingExpenses
|
11790000000 | USD |
CY2015Q1 | us-gaap |
Operating Expenses
OperatingExpenses
|
10678000000 | USD |
us-gaap |
Operating Expenses
OperatingExpenses
|
34241000000 | USD | |
us-gaap |
Operating Expenses
OperatingExpenses
|
32151000000 | USD | |
CY2016Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
275000000 | USD |
CY2015Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
357000000 | USD |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
1031000000 | USD | |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
1099000000 | USD | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
1944000000 | USD | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
1890000000 | USD | |
CY2015Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
628000000 | USD |
CY2016Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
507000000 | USD |
CY2016Q1 | us-gaap |
Labor And Related Expense
LaborAndRelatedExpense
|
4712000000 | USD |
CY2015Q1 | us-gaap |
Labor And Related Expense
LaborAndRelatedExpense
|
4335000000 | USD |
us-gaap |
Labor And Related Expense
LaborAndRelatedExpense
|
13807000000 | USD | |
us-gaap |
Labor And Related Expense
LaborAndRelatedExpense
|
12678000000 | USD | |
CY2016Q1 | us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
|
12000000 | USD |
CY2015Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
626000000 | USD |
us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
1888000000 | USD | |
CY2015Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
26000000 | USD |
CY2016Q1 | us-gaap |
Dividends Payable Date Declared Day Month And Year
DividendsPayableDateDeclaredDayMonthAndYear
|
2016-02-19 | |
CY2016Q1 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
|
-99000000 | USD |
CY2015Q1 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
|
-152000000 | USD |
us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
|
-270000000 | USD | |
CY2016Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-118000000 | USD |
us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-331000000 | USD | |
CY2015Q1 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
|
18000000 | USD |
CY2016Q1 | us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
19000000 | USD |
CY2015Q1 | us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
18000000 | USD |
us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
61000000 | USD | |
us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
52000000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-3579000000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-4382000000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
-1061000000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
1583000000 | USD | |
fdx |
Stock Repurchase Authorization Shares Purchased Under Previously Authorized Share Repurchase Program
StockRepurchaseAuthorizationSharesPurchasedUnderPreviouslyAuthorizedShareRepurchaseProgram
|
15000000 | shares | |
us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
3796000000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
3473000000 | USD | |
us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
2491000000 | USD | |
CY2016Q1 | us-gaap |
Dividend Payable Date To Be Paid Day Month And Year
DividendPayableDateToBePaidDayMonthAndYear
|
2016-04-01 | |
CY2016Q1 | us-gaap |
Dividends Payable Date Of Record Day Month And Year
DividendsPayableDateOfRecordDayMonthAndYear
|
2016-03-14 | |
CY2016Q1 | us-gaap |
Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
|
140.42 | |
CY2016Q1 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
1000000000 | USD |
CY2016Q1 | us-gaap |
Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
|
7300000 | shares |
CY2015Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
|
-424000000 | USD |
CY2014Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
|
-72000000 | USD |
CY2015Q2 | us-gaap |
Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
|
-253000000 | USD |
CY2014Q2 | us-gaap |
Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
|
81000000 | USD |
CY2016Q1 | us-gaap |
Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
|
-523000000 | USD |
CY2015Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
|
383000000 | USD |
CY2016Q1 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax
|
-19000000 | USD |
CY2016Q1 | us-gaap |
Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
|
364000000 | USD |
CY2015Q1 | us-gaap |
Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
|
-224000000 | USD |
CY2014Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
|
391000000 | USD |
CY2015Q1 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax
|
-18000000 | USD |
CY2015Q1 | us-gaap |
Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
|
373000000 | USD |
CY2015Q2 | us-gaap |
Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
|
425000000 | USD |
us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax
|
-61000000 | USD | |
CY2014Q2 | us-gaap |
Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
|
425000000 | USD |
us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax
|
-52000000 | USD | |
CY2015Q1 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
149000000 | USD |
CY2016Q1 | us-gaap |
Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditTax
|
-31000000 | USD |
CY2016Q1 | us-gaap |
Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Before Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditBeforeTax
|
12000000 | USD |
CY2015Q1 | us-gaap |
Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditTax
|
-28000000 | USD |
CY2015Q1 | us-gaap |
Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Before Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditBeforeTax
|
10000000 | USD |
us-gaap |
Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditTax
|
-91000000 | USD | |
us-gaap |
Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Before Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditBeforeTax
|
30000000 | USD | |
us-gaap |
Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Before Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditBeforeTax
|
31000000 | USD | |
us-gaap |
Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditTax
|
-83000000 | USD | |
CY2016Q1 | us-gaap |
Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
|
1750000000 | USD |
us-gaap |
Line Of Credit Facility Expiration Date1
LineOfCreditFacilityExpirationDate1
|
2020-11-13 | ||
CY2016Q1 | fdx |
Debt To Earnings Before Interest Tax Depreciation And Amortization Ratio Maximum
DebtToEarningsBeforeInterestTaxDepreciationAndAmortizationRatioMaximum
|
3.5 | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
288000000 | shares | |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
4000000 | shares | |
CY2016Q1 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
4800000 | shares |
CY2015Q1 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
2000000 | shares |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
2100000 | shares | |
CY2016Q1 | fdx |
Debt To Earnings Before Interest Tax Depreciation And Amortization Ratio
DebtToEarningsBeforeInterestTaxDepreciationAndAmortizationRatio
|
1.2 | |
CY2016Q1 | us-gaap |
Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
|
318000000 | USD |
CY2016Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
272000000 | shares |
CY2015Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
283000000 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
278000000 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
284000000 | shares | |
CY2016Q1 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
3000000 | shares |
CY2015Q1 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
4000000 | shares |
us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
3000000 | shares | |
us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
4000000 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
281000000 | shares | |
CY2016Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
275000000 | shares |
CY2015Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
287000000 | shares |
CY2016Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
506000000 | USD |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
1888000000 | USD | |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
1941000000 | USD | |
CY2015Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
626000000 | USD |
us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
1941000000 | USD | |
CY2016Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
506000000 | USD |
fdx |
Pension Plan Net Periodic Benefit Cost
PensionPlanNetPeriodicBenefitCost
|
160000000 | USD | |
fdx |
Pension Plan Net Periodic Benefit Cost
PensionPlanNetPeriodicBenefitCost
|
-27000000 | USD | |
CY2016Q1 | fdx |
Pension Plan Net Periodic Benefit Cost
PensionPlanNetPeriodicBenefitCost
|
53000000 | USD |
CY2015Q1 | fdx |
Pension Plan Net Periodic Benefit Cost
PensionPlanNetPeriodicBenefitCost
|
-10000000 | USD |
CY2016Q1 | us-gaap |
Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
|
104000000 | USD |
CY2015Q1 | us-gaap |
Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
|
96000000 | USD |
us-gaap |
Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
|
304000000 | USD | |
us-gaap |
Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
|
284000000 | USD | |
CY2016Q1 | fdx |
Postretirement Healthcare Plans Net Periodic Benefit Cost
PostretirementHealthcarePlansNetPeriodicBenefitCost
|
20000000 | USD |
CY2015Q1 | fdx |
Postretirement Healthcare Plans Net Periodic Benefit Cost
PostretirementHealthcarePlansNetPeriodicBenefitCost
|
21000000 | USD |
fdx |
Postretirement Healthcare Plans Net Periodic Benefit Cost
PostretirementHealthcarePlansNetPeriodicBenefitCost
|
61000000 | USD | |
fdx |
Postretirement Healthcare Plans Net Periodic Benefit Cost
PostretirementHealthcarePlansNetPeriodicBenefitCost
|
61000000 | USD | |
us-gaap |
Pension And Other Postretirement Benefit Expense
PensionAndOtherPostretirementBenefitExpense
|
318000000 | USD | |
us-gaap |
Pension And Other Postretirement Benefit Expense
PensionAndOtherPostretirementBenefitExpense
|
525000000 | USD | |
CY2015Q1 | us-gaap |
Pension And Other Postretirement Benefit Expense
PensionAndOtherPostretirementBenefitExpense
|
107000000 | USD |
CY2016Q1 | us-gaap |
Pension And Other Postretirement Benefit Expense
PensionAndOtherPostretirementBenefitExpense
|
177000000 | USD |
us-gaap |
Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
|
495000000 | USD | |
us-gaap |
Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
|
495000000 | USD | |
CY2016Q1 | us-gaap |
Unrecorded Unconditional Purchase Obligation Balance On First Anniversary
UnrecordedUnconditionalPurchaseObligationBalanceOnFirstAnniversary
|
245000000 | USD |
CY2016Q1 | us-gaap |
Unrecorded Unconditional Purchase Obligation Balance On Second Anniversary
UnrecordedUnconditionalPurchaseObligationBalanceOnSecondAnniversary
|
1574000000 | USD |
CY2016Q1 | us-gaap |
Unrecorded Unconditional Purchase Obligation Balance On Third Anniversary
UnrecordedUnconditionalPurchaseObligationBalanceOnThirdAnniversary
|
1921000000 | USD |
CY2016Q1 | us-gaap |
Unrecorded Unconditional Purchase Obligation Balance On Fourth Anniversary
UnrecordedUnconditionalPurchaseObligationBalanceOnFourthAnniversary
|
1647000000 | USD |
CY2016Q1 | us-gaap |
Unrecorded Unconditional Purchase Obligation Balance On Fifth Anniversary
UnrecordedUnconditionalPurchaseObligationBalanceOnFifthAnniversary
|
1659000000 | USD |
CY2016Q1 | us-gaap |
Unrecorded Unconditional Purchase Obligation Due After Five Years
UnrecordedUnconditionalPurchaseObligationDueAfterFiveYears
|
5881000000 | USD |
CY2016Q1 | fdx |
Deposit And Progress Payments
DepositAndProgressPayments
|
363000000 | USD |
fdx |
Conditional Aircraft Commitments Boeing777
ConditionalAircraftCommitmentsBoeing777
|
9 | ||
fdx |
Conditional Aircraft Commitments Boeing767
ConditionalAircraftCommitmentsBoeing767
|
5 | ||
CY2016Q1 | us-gaap |
Unrecorded Unconditional Purchase Obligation Balance Sheet Amount
UnrecordedUnconditionalPurchaseObligationBalanceSheetAmount
|
12927000000 | USD |
fdx |
Aircraft Purchase Obligation With Delivery Within Fiscal Year
AircraftPurchaseObligationWithDeliveryWithinFiscalYear
|
1 | ||
fdx |
Aircraft Purchase Obligation With Delivery Due In Second Fiscal Year
AircraftPurchaseObligationWithDeliveryDueInSecondFiscalYear
|
12 | ||
fdx |
Aircraft Purchase Obligation With Delivery Due In Third Fiscal Year
AircraftPurchaseObligationWithDeliveryDueInThirdFiscalYear
|
18 | ||
CY2016Q1 | us-gaap |
Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
|
775000000 | USD |
CY2016Q1 | us-gaap |
Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
|
2383000000 | USD |
CY2016Q1 | us-gaap |
Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
|
1915000000 | USD |
CY2016Q1 | us-gaap |
Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
|
1670000000 | USD |
CY2016Q1 | us-gaap |
Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
|
1421000000 | USD |
CY2016Q1 | us-gaap |
Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
|
8071000000 | USD |
CY2016Q1 | us-gaap |
Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
|
16235000000 | USD |
us-gaap |
Interest Paid Net
InterestPaidNet
|
284000000 | USD | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
196000000 | USD | |
us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
919000000 | USD | |
us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
859000000 | USD | |
us-gaap |
Proceeds From Income Tax Refunds
ProceedsFromIncomeTaxRefunds
|
3000000 | USD | |
us-gaap |
Proceeds From Income Tax Refunds
ProceedsFromIncomeTaxRefunds
|
7000000 | USD | |
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
916000000 | USD | |
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
852000000 | USD | |
CY2016Q1 | fdx |
Spare Parts Supplies Fuel Prepaid Expenses And Other Net
SparePartsSuppliesFuelPrepaidExpensesAndOtherNet
|
1154000000 | USD |
CY2016Q1 | fdx |
Otherlongtermliabilitiesnoncurrent
Otherlongtermliabilitiesnoncurrent
|
7030000000 | USD |
CY2016Q1 | us-gaap |
Guarantee Obligations Maximum Exposure
GuaranteeObligationsMaximumExposure
|
8250000000 | USD |
CY2015Q2 | fdx |
Otherlongtermliabilitiesnoncurrent
Otherlongtermliabilitiesnoncurrent
|
7123000000 | USD |
CY2015Q2 | fdx |
Spare Parts Supplies Fuel Prepaid Expenses And Other Net
SparePartsSuppliesFuelPrepaidExpensesAndOtherNet
|
853000000 | USD |