2016 Form 10-K Financial Statement

#000119312516650267 Filed on July 18, 2016

View on sec.gov

Income Statement

Concept 2016 2015 Q2 2015 Q1
Revenue $50.37B $12.11B $11.72B
YoY Change 6.14% 2.32% 3.67%
Cost Of Revenue $12.37B $2.817B $2.975B
YoY Change 1.33% -11.5% -7.78%
Gross Profit $38.00B $9.297B $8.741B
YoY Change 7.8% 7.41% 8.25%
Gross Profit Margin 75.45% 76.75% 74.61%
Selling, General & Admin $23.96B $5.374B $5.526B
YoY Change 7.47% 9.32% 4.92%
% of Gross Profit 63.05% 57.8% 63.22%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $2.631B $657.0M $652.0M
YoY Change 0.77% 1.23% 0.0%
% of Gross Profit 6.92% 7.07% 7.46%
Operating Expenses $47.29B $10.12B $10.68B
YoY Change 3.73% 42.4% 43.64%
Operating Profit $3.077B -$1.321B $1.038B
YoY Change 64.81% -204.51% 40.84%
Interest Expense $336.0M -$68.00M -$58.00M
YoY Change 42.98% 44.68% 52.63%
% of Operating Profit 10.92% -5.59%
Other Income/Expense, Net -$337.0M -$27.00M -$53.00M
YoY Change 40.42% -2800.0% 488.89%
Pretax Income $2.740B -$1.190B $985.0M
YoY Change 68.41% -179.02% 65.82%
Income Tax $920.0M -$438.0M $357.0M
% Of Pretax Income 33.58% 36.24%
Net Earnings $1.820B -$895.0M $628.0M
YoY Change 73.33% -214.74% 43.71%
Net Earnings / Revenue 3.61% -7.39% 5.36%
Basic Earnings Per Share $6.59 -$3.16 $2.21
Diluted Earnings Per Share $6.51 -$3.16 $2.18
COMMON SHARES
Basic Shares Outstanding 276.0M 283.0M shares
Diluted Shares Outstanding 279.0M 287.0M shares

Balance Sheet

Concept 2016 2015 Q2 2015 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $3.534B $3.763B $3.478B
YoY Change -6.09% 29.4% 14.33%
Cash & Equivalents $3.534B $3.763B $3.478B
Short-Term Investments
Other Short-Term Assets $707.0M $355.0M $932.0M
YoY Change 99.15% -58.33% -13.7%
Inventory $496.0M $498.0M $488.0M
Prepaid Expenses
Receivables $7.252B $5.719B $5.584B
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $11.99B $10.94B $10.48B
YoY Change 16.0% 12.99% 7.17%
LONG-TERM ASSETS
Property, Plant & Equipment $24.28B $20.88B $20.43B
YoY Change 16.33% 6.78% 5.91%
Goodwill $3.810B $3.805B
YoY Change 36.56%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $1.931B $1.443B $1.396B
YoY Change 48.08% 37.82% 51.08%
Total Long-Term Assets $33.97B $26.13B $25.63B
YoY Change 29.68% 11.75% 11.67%
TOTAL ASSETS
Total Short-Term Assets $11.99B $10.94B $10.48B
Total Long-Term Assets $33.97B $26.13B $25.63B
Total Assets $45.96B $36.47B $36.11B
YoY Change 25.81% 10.28% 10.32%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.944B $2.066B $2.050B
YoY Change 42.5% 4.82% 7.72%
Accrued Expenses $5.035B $2.435B $3.193B
YoY Change 30.07% 18.03% 2.5%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $29.00M $19.00M $0.00
YoY Change 52.63% 1800.0% -100.0%
Total Short-Term Liabilities $8.008B $5.956B $5.243B
YoY Change 34.45% 12.12% 4.46%
LONG-TERM LIABILITIES
Long-Term Debt $13.73B $7.249B $7.228B
YoY Change 89.45% 53.06% 52.65%
Other Long-Term Liabilities $8.867B $218.0M $5.128B
YoY Change 24.48% 50.34% -9.48%
Total Long-Term Liabilities $22.60B $218.0M $12.36B
YoY Change 57.25% 50.34% 18.81%
TOTAL LIABILITIES
Total Short-Term Liabilities $8.008B $5.956B $5.243B
Total Long-Term Liabilities $22.60B $218.0M $12.36B
Total Liabilities $32.18B $6.174B $20.10B
YoY Change 49.39% 13.14% 14.82%
SHAREHOLDERS EQUITY
Retained Earnings $16.90B
YoY Change 4.13%
Common Stock $2.818B
YoY Change 8706.25%
Preferred Stock
YoY Change
Treasury Stock (at cost) $4.897B
YoY Change 18.49%
Treasury Stock Shares
Shareholders Equity $13.78B $14.99B $16.01B
YoY Change
Total Liabilities & Shareholders Equity $45.96B $36.53B $36.11B
YoY Change 25.81% 10.47% 10.32%

Cashflow Statement

Concept 2016 2015 Q2 2015 Q1
OPERATING ACTIVITIES
Net Income $1.820B -$895.0M $628.0M
YoY Change 73.33% -214.74% 43.71%
Depreciation, Depletion And Amortization $2.631B $657.0M $652.0M
YoY Change 0.77% 1.23% 0.0%
Cash From Operating Activities $5.708B $1.893B $1.322B
YoY Change 6.37% 12.28% 36.43%
INVESTING ACTIVITIES
Capital Expenditures -$4.828B -$1.378B -$1.079B
YoY Change 11.07% 40.76% 24.88%
Acquisitions $4.618B
YoY Change 223.16%
Other Investing Activities -$4.618B $8.000M -$1.420B
YoY Change 228.68% -119.51% -35600.0%
Cash From Investing Activities -$9.446B -$1.370B -$2.499B
YoY Change 64.22% 34.31% 190.58%
FINANCING ACTIVITIES
Cash Dividend Paid $277.0M
YoY Change 22.03%
Common Stock Issuance & Retirement, Net $2.722B $69.00M
YoY Change 117.07%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 3.611B -234.0M 2.433B
YoY Change 167.68% -71.0% -344.52%
NET CHANGE
Cash From Operating Activities 5.708B 1.893B 1.322B
Cash From Investing Activities -9.446B -1.370B -2.499B
Cash From Financing Activities 3.611B -234.0M 2.433B
Net Change In Cash -127.0M 289.0M 1.256B
YoY Change -113.19% -304.96% -241.76%
FREE CASH FLOW
Cash From Operating Activities $5.708B $1.893B $1.322B
Capital Expenditures -$4.828B -$1.378B -$1.079B
Free Cash Flow $10.54B $3.271B $2.401B
YoY Change 8.47% 22.74% 30.99%

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<p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:11pt;font-style:italic;margin-left:0px;">CREDIT RISK.</font><font style="font-family:Times New Roman;font-size:11pt;"> We routinely grant credit to many of our customers for transportation and business services without collateral. The risk of credit loss in our trade receivables is substantially mitigated by our credit evaluation process, short collection terms and sales to a large number of customers, as well as the low revenue per transaction for most of our services. Allowances for potential credit losses are determined based on historical experience and </font><font style="font-family:Times New Roman;font-size:11pt;">the impact of </font><font style="font-family:Times New Roman;font-size:11pt;">current </font><font style="font-family:Times New Roman;font-size:11pt;">economic factors on </font><font style="font-family:Times New Roman;font-size:11pt;">the composition of accounts receivable. Historically, credit losses have been within management's expectations.</font></p>
CY2016 us-gaap Advertising Cost Policy Expensed Advertising Cost
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<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 </font><font style="font-family:Times New Roman;font-size:11pt;">were $</font><font style="font-family:Times New Roman;font-size:11pt;">417</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;">2016</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;">0</font><font style="font-family:Times New Roman;font-size:11pt;">3</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;"> and $</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;">.</font></p>
CY2015Q2 us-gaap Other Liabilities
OtherLiabilities
7123000000 USD
CY2015 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-221000000 USD
CY2015 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
403000000 USD
CY2014 fdx Incremental Depreciation
IncrementalDepreciation
74000000 USD
CY2016 fdx Depreciable Life Range For Majority Of Aircraft Costs
DepreciableLifeRangeForMajorityOfAircraftCosts
15 to 30
CY2015Q2 fdx Aircraft With Shortened Depreciable Lives
AircraftWithShortenedDepreciableLives
23
CY2015 us-gaap Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
276000000 USD
CY2016 us-gaap Fiscal Period
FiscalPeriod
<p style='margin-top:0pt; margin-bottom:0pt'><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;">2016</font><font style="font-family:Times New Roman;font-size:11pt;"> or ended May 31 of the year referenced.</font></p>
CY2016 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;</font><font style="font-family:Times New Roman;font-size:11pt;"> TNT Express </font><font style="font-family:Times New Roman;font-size:11pt;">B</font><font style="font-family:Times New Roman;font-size:11pt;">.V.</font><font style="font-family:Times New Roman;font-size:11pt;">, formerly TNT Express N.V.</font><font style="font-family:Times New Roman;font-size:11pt;"> (&#8220;TNT Express&#8221;)</font><font style="font-family:Times New Roman;font-size:11pt;">,</font><font style="font-family:Times New Roman;font-size:11pt;"> an international express, </font><font style="font-family:Times New Roman;font-size:11pt;">small-package </font><font style="font-family:Times New Roman;font-size:11pt;">ground</font><font style="font-family:Times New Roman;font-size:11pt;"> delivery</font><font style="font-family:Times New Roman;font-size:11pt;"> and freight transportation company</font><font style="font-family:Times New Roman;font-size:11pt;"> that</font><font style="font-family:Times New Roman;font-size:11pt;"> was acquired near the end of our 2016 fourth quarter</font><font style="font-family:Times New Roman;font-size:11pt;">; </font><font style="font-family:Times New Roman;font-size:11pt;">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 less-than-truckload (&#8220;LTL&#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</font><font style="font-family:Times New Roman;font-size:11pt;">, customer service, technical support</font><font style="font-family:Times New Roman;font-size:11pt;">, </font><font style="font-family:Times New Roman;font-size:11pt;">billing and collection services,</font><font style="font-family:Times New Roman;font-size:11pt;"> 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;"> functions that</font><font style="font-family:Times New Roman;font-size:11pt;"> support 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></p>
CY2016 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<p style='margin-top:0pt; margin-bottom:0pt'>&#160;</p><p style='margin-top:0pt; margin-bottom:0pt'><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;">Certain r</font><font style="font-family:Times New Roman;font-size:11pt;">eclassifications 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><font style="font-family:Times New Roman;font-size:11pt;"> </font></p>
CY2016 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
42000000 USD
CY2016Q2 us-gaap Dividends Payable Amount Per Share
DividendsPayableAmountPerShare
0.4
CY2016 us-gaap Dividends Payable Date Declared Day Month And Year
DividendsPayableDateDeclaredDayMonthAndYear
2016-06-06
CY2016 us-gaap Dividends Payable Date Of Record Day Month And Year
DividendsPayableDateOfRecordDayMonthAndYear
2016-06-16
CY2016 us-gaap Dividend Payable Date To Be Paid Day Month And Year
DividendPayableDateToBePaidDayMonthAndYear
2016-07-01
CY2016Q2 us-gaap Stock Repurchase Program Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased
25000000 shares
CY2016Q2 us-gaap Stock Repurchase Program Remaining Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramRemainingNumberOfSharesAuthorizedToBeRepurchased
19000000 shares
CY2016Q2 fdx Number Of Idle Aircraft
NumberOfIdleAircraft
4
CY2016 fdx Aircraft Idle Term
AircraftIdleTerm
less than 1 year
CY2015 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
37000000 USD
CY2014 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
407000000 USD
CY2016 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
417000000 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
CY2016 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
149.35
CY2015 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
154.03
CY2015Q2 fdx Aircraft Engines With Shortened Depreciable Lives
AircraftEnginesWithShortenedDepreciableLives
57
CY2016Q2 fdx Stock Repurchase Program Number Of Shares Authorizedto Be Repurchased Underthe Previously Completed Program
StockRepurchaseProgramNumberOfSharesAuthorizedtoBeRepurchasedUnderthePreviouslyCompletedProgram
15000000 shares
CY2012Q2 fdx Aircraft With Shortened Depreciable Lives
AircraftWithShortenedDepreciableLives
54
CY2013Q2 fdx Aircraft With Shortened Depreciable Lives
AircraftWithShortenedDepreciableLives
76
CY2016 us-gaap Depreciation
Depreciation
2600000000 USD
CY2015 us-gaap Depreciation
Depreciation
2600000000 USD
CY2014 us-gaap Depreciation
Depreciation
2600000000 USD
CY2016Q2 us-gaap Property Plant And Equipment Fair Value Disclosure
PropertyPlantAndEquipmentFairValueDisclosure
1100000000 USD
CY2014 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
131.83
CY2016 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, which is typically in the period when new information becomes available to management. Areas where the nature of the estimate makes it reasonably possible that actual results could materially differ from amounts estimated include: self-insurance accruals; retirement plan obligations; long-term incentive accruals; tax liabilities; loss contingencies</font><font style="font-family:Times New Roman;font-size:11pt;">;</font><font style="font-family:Times New Roman;font-size:11pt;"> litigation claims;</font><font style="font-family:Times New Roman;font-size:11pt;"> </font><font style="font-family:Times New Roman;font-size:11pt;">impairment assessments on long-lived assets (including goodwill)</font><font style="font-family:Times New Roman;font-size:11pt;">; and purchase price allocations</font><font style="font-family:Times New Roman;font-size:11pt;">.</font></p><p style='margin-top:0pt; margin-bottom:0pt'>&#160;</p>
CY2016 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
57899000000 USD
CY2015 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
55862000000 USD
CY2016 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
1566000000 USD
CY2015 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
595000000 USD
CY2016 us-gaap Business Acquisition Pro Forma Earnings Per Share Diluted
BusinessAcquisitionProFormaEarningsPerShareDiluted
5.60
CY2015 us-gaap Business Acquisition Pro Forma Earnings Per Share Diluted
BusinessAcquisitionProFormaEarningsPerShareDiluted
2.07
CY2016 fdx Tn Tacquisitionrelatedcosts
TNTacquisitionrelatedcosts
115000000 USD
CY2016 fdx Tn Trestructuringimpairmentslitigationmattersandpensionadjustments
TNTrestructuringimpairmentslitigationmattersandpensionadjustments
40000000 USD
CY2015 fdx Tn Trestructuringimpairmentslitigationmattersandpensionadjustments
TNTrestructuringimpairmentslitigationmattersandpensionadjustments
320000000 USD
CY2016Q2 fdx Business Combination Untendered Shares
BusinessCombinationUntenderedShares
287000000 USD
CY2014Q2 us-gaap Goodwill
Goodwill
2790000000 USD
CY2014Q2 us-gaap Goodwill Gross
GoodwillGross
4100000000 USD
CY2015 us-gaap Goodwill Translation And Purchase Accounting Adjustments
GoodwillTranslationAndPurchaseAccountingAdjustments
-113000000 USD
CY2016 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
2964000000 USD
CY2016 us-gaap Goodwill Translation And Purchase Accounting Adjustments
GoodwillTranslationAndPurchaseAccountingAdjustments
-27000000 USD
CY2014Q2 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
1310000000 USD
CY2016 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
14000000 USD
CY2015 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
21000000 USD
CY2014 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
23000000 USD
CY2016Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
130000000 USD
CY2016Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
116000000 USD
CY2016Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
115000000 USD
CY2016Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
112000000 USD
CY2016Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
54000000 USD
CY2016Q2 us-gaap Accrued Salaries Current
AccruedSalariesCurrent
478000000 USD
CY2015Q2 us-gaap Accrued Salaries Current
AccruedSalariesCurrent
345000000 USD
CY2016Q2 us-gaap Accrued Employee Benefits Current
AccruedEmployeeBenefitsCurrent
804000000 USD
CY2015Q2 us-gaap Accrued Employee Benefits Current
AccruedEmployeeBenefitsCurrent
507000000 USD
CY2016Q2 us-gaap Accrued Vacation Current
AccruedVacationCurrent
690000000 USD
CY2015Q2 us-gaap Accrued Vacation Current
AccruedVacationCurrent
584000000 USD
CY2016Q2 us-gaap Accrued Insurance Current
AccruedInsuranceCurrent
837000000 USD
CY2015Q2 us-gaap Accrued Insurance Current
AccruedInsuranceCurrent
865000000 USD
CY2016Q2 us-gaap Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
311000000 USD
CY2015Q2 us-gaap Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
328000000 USD
CY2016Q2 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
1915000000 USD
CY2015Q2 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
1242000000 USD
CY2015Q2 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
7400000000 USD
CY2016Q2 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
14300000000 USD
CY2016Q2 us-gaap Other Long Term Debt
OtherLongTermDebt
12000000 USD
CY2016Q2 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
1750000000 USD
CY2016 us-gaap Line Of Credit Facility Expiration Date1
LineOfCreditFacilityExpirationDate1
2020-11-13
CY2016Q2 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
318000000 USD
CY2016Q2 fdx Debttoearningsbeforeinteresttaxdepreciationandamortizationratiomaximum
Debttoearningsbeforeinteresttaxdepreciationandamortizationratiomaximum
3.5
CY2015Q2 us-gaap Capital Lease Obligations
CapitalLeaseObligations
51000000 USD
CY2016Q2 us-gaap Capital Lease Obligations
CapitalLeaseObligations
63000000 USD
CY2016Q2 fdx Debt To Earnings Before Interest Tax Depreciation And Amortization Ratio
DebtToEarningsBeforeInterestTaxDepreciationAndAmortizationRatio
1.9
CY2015Q2 us-gaap Long Term Debt
LongTermDebt
7217000000 USD
CY2016Q2 us-gaap Long Term Debt
LongTermDebt
13792000000 USD
CY2016Q2 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
13867000000 USD
CY2015Q2 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
7268000000 USD
CY2016 us-gaap Operating Leases Rent Expense Minimum Rentals
OperatingLeasesRentExpenseMinimumRentals
2394000000 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
CY2016 us-gaap Operating Leases Rent Expense Contingent Rentals
OperatingLeasesRentExpenseContingentRentals
214000000 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
CY2016 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
2608000000 USD
CY2015 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
2443000000 USD
CY2014 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
2351000000 USD
CY2016Q2 fdx Percentage Total Aircraft Fleet Leased
PercentageTotalAircraftFleetLeased
0.10
CY2016Q2 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
2475000000 USD
CY2016Q2 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
1451000000 USD
CY2016Q2 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
2243000000 USD
CY2016Q2 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
1953000000 USD
CY2016Q2 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
1668000000 USD
CY2016Q2 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
8023000000 USD
CY2016Q2 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
17813000000 USD
CY2015Q2 fdx Percentage Total Aircraft Fleet Leased
PercentageTotalAircraftFleetLeased
0.10
CY2016 fdx Weighted Average Remaining Lease Term Operating
WeightedAverageRemainingLeaseTermOperating
P6Y
CY2016Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
4000000 shares
CY2016Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0
CY2016Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2015Q2 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
-253000000 USD
CY2016 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-261000000 USD
CY2016Q2 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
-514000000 USD
CY2015Q2 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
425000000 USD
CY2016Q2 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
345000000 USD
CY2016 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax
-76000000 USD
CY2013Q2 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
106000000 USD
CY2014 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-25000000 USD
CY2014Q2 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
81000000 USD
CY2013Q2 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
501000000 USD
CY2014 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax
-77000000 USD
CY2014Q2 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
425000000 USD
CY2015 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-334000000 USD
CY2015 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax
-72000000 USD
CY2016 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-4000000 USD
CY2015 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
72000000 USD
CY2014 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
1000000 USD
CY2014Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
506000000 USD
CY2016 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
-121000000 USD
CY2016 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditTax
45000000 USD
CY2015 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditTax
43000000 USD
CY2014 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditTax
38000000 USD
CY2014 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
-115000000 USD
CY2015 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
-115000000 USD
CY2014 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
117000000 USD
CY2015 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
133000000 USD
CY2016 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
144000000 USD
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
347000000 USD
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
52.40
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
CY2016 fdx Share Based Compensation Arrangement By Share Based Payment Award Options Vesting Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestingPeriod
0.82
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.28
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0194
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
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Method Used
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsMethodUsed
Black-Scholes
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
115000000 USD
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 Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0147
CY2016 fdx Expected Lives
ExpectedLives
6.4 years
CY2015 fdx Expected Lives
ExpectedLives
6.3 years
CY2014 fdx Expected Lives
ExpectedLives
6.2 years
CY2016 fdx Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Maximum Term
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedMaximumTerm
10 years
CY2016 fdx Stock Option Vesting Period Range
StockOptionVestingPeriodRange
1 to 4 years
CY2016 fdx Restricted Stock Expiration Period
RestrictedStockExpirationPeriod
ratably over 4 years
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.00448
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.00561
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.00519
CY2015Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
101.54
CY2016Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
111.99
CY2016Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
92.93
CY2016Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
141.03
CY2015Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
14221824 shares
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
2229582 shares
CY2016 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
1822547 shares
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
187428 shares
CY2016Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
14441431 shares
CY2016Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableNumber
8717768 shares
CY2016Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
5408862 shares
CY2016Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
10948196 shares
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
138.40
CY2016 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
1818000000 USD
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
CY2016 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
276000000 shares
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
CY2016 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
3000000 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
CY2016 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
279000000 shares
CY2015 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
287000000 shares
CY2016 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
513000000 USD
CY2015 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
795000000 USD
CY2014 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
310000000 shares
CY2016 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
3900000 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
CY2016 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
1818000000 USD
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
CY2016Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
795000000 USD
CY2016Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
629000000 USD
CY2016Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
156000000 USD
CY2016 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
100.40
CY2016 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageRemainingContractualTerm2
P6Y
CY2016 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageRemainingContractualTerm2
P4Y7M6D
CY2016 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P8Y1M6D
CY2016 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
171.41
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
CY2016 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
168.83
CY2016Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
136.57
CY2015Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
439042 shares
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
139838 shares
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
185933 shares
CY2016Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
389152 shares
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
154115 shares
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
191964 shares
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
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
CY2016 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
104.42
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
3795 shares
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
158.82
CY2016Q2 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
188000000 USD
CY2016Q2 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
CY2016 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares
2572129 shares
CY2015 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares
2611524 shares
CY2014 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares
2408179 shares
CY2016 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
98000000 USD
CY2015 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
83000000 USD
CY2014 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
65000000 USD
CY2016 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P2Y
CY2014 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
624000000 USD
CY2016 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
72000000 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
CY2016 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
200000000 USD
CY2015 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
214000000 USD
CY2014 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
194000000 USD
CY2016 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
785000000 USD
CY2015 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
1111000000 USD
CY2014 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
874000000 USD
CY2016 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
155000000 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
CY2016 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-18000000 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
CY2016 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
135000000 USD
CY2015 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-534000000 USD
CY2014 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
460000000 USD
CY2016 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-2000000 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
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
905000000 USD
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
773000000 USD
CY2014 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
412000000 USD
CY2016 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.350
CY2016 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.336
CY2015 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.355
CY2015 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.350
CY2014 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.350
CY2014 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.365
CY2016 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
959000000 USD
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
CY2014 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
90000000 USD
CY2015 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
36000000 USD
CY2016 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
33000000 USD
CY2016 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-50000000 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
CY2014 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
2000000 USD
CY2015 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
15000000 USD
CY2016 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
14000000 USD
CY2016 fdx Income Tax Reconciliation Internalrestructuring
IncomeTaxReconciliationInternalrestructuring
-76000000 USD
CY2016 fdx Income Tax Reconciliation Tnt Acquisition Costs
IncomeTaxReconciliationTNTAcquisitionCosts
40000000 USD
CY2016Q2 fdx Deferred Tax Assets Property Equipment Leases And Intangibles
DeferredTaxAssetsPropertyEquipmentLeasesAndIntangibles
129000000 USD
CY2015Q2 fdx Deferred Tax Assets Property Equipment Leases And Intangibles
DeferredTaxAssetsPropertyEquipmentLeasesAndIntangibles
93000000 USD
CY2016Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeBenefits
2453000000 USD
CY2015Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeBenefits
2029000000 USD
CY2016Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Self Insurance
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsSelfInsurance
681000000 USD
CY2015Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Self Insurance
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsSelfInsurance
607000000 USD
CY2016Q2 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
528000000 USD
CY2015Q2 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
477000000 USD
CY2016Q2 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
925000000 USD
CY2015Q2 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
326000000 USD
CY2016Q2 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
738000000 USD
CY2015Q2 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
224000000 USD
CY2016Q2 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
3978000000 USD
CY2015Q2 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
3308000000 USD
CY2016Q2 fdx Deferred Tax Liabilities Property Equipment Leases And Intangibles
DeferredTaxLiabilitiesPropertyEquipmentLeasesAndIntangibles
4767000000 USD
CY2015Q2 fdx Deferred Tax Liabilities Property Equipment Leases And Intangibles
DeferredTaxLiabilitiesPropertyEquipmentLeasesAndIntangibles
3872000000 USD
CY2016Q2 fdx Deferred Tax Liabilities Employee Benefits
DeferredTaxLiabilitiesEmployeeBenefits
0 USD
CY2015Q2 fdx Deferred Tax Liabilities Employee Benefits
DeferredTaxLiabilitiesEmployeeBenefits
13000000 USD
CY2016Q2 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
343000000 USD
CY2015Q2 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
414000000 USD
CY2016Q2 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
5110000000 USD
CY2015Q2 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
4299000000 USD
CY2016Q2 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
1132000000 USD
CY2015Q2 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
991000000 USD
CY2016Q2 us-gaap Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
435000000 USD
CY2015Q2 us-gaap Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
219000000 USD
CY2016 fdx Unremitted Earnings Of Foreign Subsidiaries
UnremittedEarningsOfForeignSubsidiaries
1600000000 USD
CY2015 fdx Unremitted Earnings Of Foreign Subsidiaries
UnremittedEarningsOfForeignSubsidiaries
1900000000 USD
CY2016Q1 us-gaap Net Income Loss
NetIncomeLoss
507000000 USD
CY2016Q2 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
11000000 USD
CY2015Q2 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
19000000 USD
CY2013Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
47000000 USD
CY2016 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
3000000 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
CY2016 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
3000000 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
CY2016 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
5000000 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
CY2016 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
4000000 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
CY2016Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
49000000 USD
CY2015Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
36000000 USD
CY2014Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
38000000 USD
CY2016 fdx Permanent Reinvestment Strategy Benefit To Effective Tax Rate
PermanentReinvestmentStrategyBenefitToEffectiveTaxRate
48000000 USD
CY2016Q2 fdx Cash In Offshore Jurisdictions
CashInOffshoreJurisdictions
522000000 USD
CY2015Q2 fdx Cash In Offshore Jurisdictions
CashInOffshoreJurisdictions
478000000 USD
CY2016 fdx Unrecognized Tax Benefits Changes Resulting From Currency Translation
UnrecognizedTaxBenefitsChangesResultingFromCurrencyTranslation
-2000000 USD
CY2015 fdx Unrecognized Tax Benefits Changes Resulting From Currency Translation
UnrecognizedTaxBenefitsChangesResultingFromCurrencyTranslation
-5000000 USD
CY2016 fdx Percent Income Earned In Us Companies
PercentIncomeEarnedInUsCompanies
0.8
CY2016Q2 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
45000000 USD
CY2015Q2 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
31000000 USD
CY2014 fdx Unrecognized Tax Benefits Changes Resulting From Currency Translation
UnrecognizedTaxBenefitsChangesResultingFromCurrencyTranslation
-1000000 USD
CY2014 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
3000000 USD
CY2016 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
7000000 USD
CY2016 us-gaap Unrecognized Tax Benefits Increases Resulting From Acquisition
UnrecognizedTaxBenefitsIncreasesResultingFromAcquisition
25000000 USD
CY2016 fdx Pension Plan Net Periodic Benefit Cost
PensionPlanNetPeriodicBenefitCost
214000000 USD
CY2015 fdx Pension Plan Net Periodic Benefit Cost
PensionPlanNetPeriodicBenefitCost
-41000000 USD
CY2014 fdx Pension Plan Net Periodic Benefit Cost
PensionPlanNetPeriodicBenefitCost
99000000 USD
CY2016 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
416000000 USD
CY2015 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
385000000 USD
CY2014 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
363000000 USD
CY2016 fdx Postretirement Healthcare Plans Net Periodic Benefit Cost
PostretirementHealthcarePlansNetPeriodicBenefitCost
82000000 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
CY2016 us-gaap Pension And Other Postretirement Benefit Expense
PensionAndOtherPostretirementBenefitExpense
2210000000 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
CY2016 fdx Retirement Plans Mark To Market
RetirementPlansMarkToMarket
1498000000 USD
CY2015 fdx Retirement Plans Mark To Market
RetirementPlansMarkToMarket
2190000000 USD
CY2014 fdx Retirement Plans Mark To Market
RetirementPlansMarkToMarket
15000000 USD
CY2016 fdx Discount Rates Mtm
DiscountRatesMTM
1129000000 USD
CY2015 fdx Discount Rates Mtm
DiscountRatesMTM
791000000 USD
CY2014 fdx Discount Rates Mtm
DiscountRatesMTM
705000000 USD
CY2014 fdx Return On Assets
ReturnOnAssets
-1013000000 USD
CY2015 fdx Return On Assets
ReturnOnAssets
-35000000 USD
CY2016 fdx Return On Assets
ReturnOnAssets
1285000000 USD
CY2016 fdx Demographicassumptions
Demographicassumptions
-916000000 USD
CY2015 fdx Demographicassumptions
Demographicassumptions
1434000000 USD
CY2014 fdx Demographicassumptions
Demographicassumptions
323000000 USD
CY2014 fdx U Spensionplanactualrateofretrunonassets
USpensionplanactualrateofretrunonassets
0.133
CY2016 fdx Weighted Average Discount Rate Percentallpensionpostretirementplans
WeightedAverageDiscountRatePercentallpensionpostretirementplans
0.0404
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
CY2015 fdx Increaseinoverallprojectedbenefitobligation
Increaseinoverallprojectedbenefitobligation
1200000000 USD
CY2016 fdx U Spensionplanactualrateofretrunonassets
USpensionplanactualrateofretrunonassets
0.012
CY2016 fdx Weighted Average Discount Rate Percent Tn Tpensionpostretirementplans
WeightedAverageDiscountRatePercentTNTpensionpostretirementplans
0.0225
CY2016 fdx Internationalpension Pb Ooftotalpensionobligation
InternationalpensionPBOoftotalpensionobligation
0.06
CY2016 fdx Defined Benefit Plan Assets Actual Rate Of Return For Fifteen Year Period
DefinedBenefitPlanAssetsActualRateOfReturnForFifteenYearPeriod
0.0690
CY2016Q2 us-gaap Defined Benefit Plan Plans With Benefit Obligations In Excess Of Plan Assets Aggregate Fair Value Of Plan Assets
DefinedBenefitPlanPlansWithBenefitObligationsInExcessOfPlanAssetsAggregateFairValueOfPlanAssets
23867000000 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
CY2016Q2 us-gaap Defined Benefit Plan Plans With Benefit Obligations In Excess Of Plan Assets Aggregate Benefit Obligation
DefinedBenefitPlanPlansWithBenefitObligationsInExcessOfPlanAssetsAggregateBenefitObligation
29251000000 USD
CY2015Q2 us-gaap Defined Benefit Plan Plans With Benefit Obligations In Excess Of Plan Assets Aggregate Benefit Obligation
DefinedBenefitPlanPlansWithBenefitObligationsInExcessOfPlanAssetsAggregateBenefitObligation
27132000000 USD
CY2016Q2 fdx Defined Benefit Plan Funded Status Where Projected Obligation Exceeds Fair Value Of Assets
DefinedBenefitPlanFundedStatusWhereProjectedObligationExceedsFairValueOfAssets
-5384000000 USD
CY2015Q2 fdx Defined Benefit Plan Funded Status Where Projected Obligation Exceeds Fair Value Of Assets
DefinedBenefitPlanFundedStatusWhereProjectedObligationExceedsFairValueOfAssets
-4033000000 USD
CY2016Q2 us-gaap Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Fair Value Of Plan Assets
DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateFairValueOfPlanAssets
23865000000 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
CY2016Q2 us-gaap Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Projected Benefit Obligation
DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateProjectedBenefitObligation
29249000000 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
CY2016Q2 fdx Defined Benefit Plan Funded Status Where Accumulated Obligation Exceeds Fair Value Of Assets
DefinedBenefitPlanFundedStatusWhereAccumulatedObligationExceedsFairValueOfAssets
-5384000000 USD
CY2015Q2 fdx Defined Benefit Plan Funded Status Where Accumulated Obligation Exceeds Fair Value Of Assets
DefinedBenefitPlanFundedStatusWhereAccumulatedObligationExceedsFairValueOfAssets
-4033000000 USD
CY2016Q2 us-gaap Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Accumulated Benefit Obligation
DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateAccumulatedBenefitObligation
28493000000 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
CY2016 us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
660000000 USD
CY2015 us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
660000000 USD
CY2014 us-gaap Income Taxes Paid
IncomeTaxesPaid
820000000 USD
CY2016 us-gaap Proceeds From Income Tax Refunds
ProceedsFromIncomeTaxRefunds
5000000 USD
CY2015 us-gaap Proceeds From Income Tax Refunds
ProceedsFromIncomeTaxRefunds
9000000 USD
CY2014 us-gaap Proceeds From Income Tax Refunds
ProceedsFromIncomeTaxRefunds
54000000 USD
CY2016 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
991000000 USD
CY2015 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
1113000000 USD
CY2014 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
766000000 USD
CY2016 us-gaap Defined Benefit Plan Health Care Cost Trend Rate Assumed For Next Fiscal Year
DefinedBenefitPlanHealthCareCostTrendRateAssumedForNextFiscalYear
0.083
CY2016 us-gaap Defined Benefit Plan Ultimate Health Care Cost Trend Rate
DefinedBenefitPlanUltimateHealthCareCostTrendRate
0.045
CY2016Q2 us-gaap Defined Benefit Plan Year That Rate Reaches Ultimate Trend Rate
DefinedBenefitPlanYearThatRateReachesUltimateTrendRate
2037
CY2016 fdx Offer Of Compromise
OfferOfCompromise
69000000 USD
CY2016 us-gaap Loss Contingency Loss In Period
LossContingencyLossInPeriod
256000000 USD
CY2015 fdx Markto Marketpensionaccounting
MarktoMarketpensionaccounting
2200000000 USD
CY2015 us-gaap Asset Impairment Charges
AssetImpairmentCharges
276000000 USD
CY2014Q2 us-gaap Assets
Assets
33070000000 USD
CY2016Q2 us-gaap Assets Noncurrent
AssetsNoncurrent
34075000000 USD
CY2015Q2 us-gaap Assets Noncurrent
AssetsNoncurrent
26196000000 USD
CY2014Q2 us-gaap Assets Noncurrent
AssetsNoncurrent
23387000000 USD
CY2016 us-gaap Interest Paid Net
InterestPaidNet
321000000 USD
CY2015 us-gaap Interest Paid Net
InterestPaidNet
201000000 USD
CY2014 us-gaap Interest Paid Net
InterestPaidNet
131000000 USD
CY2016 us-gaap Income Taxes Paid
IncomeTaxesPaid
996000000 USD
CY2015 us-gaap Income Taxes Paid
IncomeTaxesPaid
1122000000 USD
CY2016 fdx Conditional Aircraft Commitments Boeing777
ConditionalAircraftCommitmentsBoeing777
7
CY2016Q3 fdx Additional Aircraft Options Purchased
AdditionalAircraftOptionsPurchased
6
CY2016 fdx Additional Aircraft Purchases
AdditionalAircraftPurchases
50
CY2016Q2 us-gaap Unrecorded Unconditional Purchase Obligation Balance On First Anniversary
UnrecordedUnconditionalPurchaseObligationBalanceOnFirstAnniversary
2447000000 USD
CY2016Q2 us-gaap Unrecorded Unconditional Purchase Obligation Balance On Second Anniversary
UnrecordedUnconditionalPurchaseObligationBalanceOnSecondAnniversary
2171000000 USD
CY2016Q2 us-gaap Unrecorded Unconditional Purchase Obligation Balance On Third Anniversary
UnrecordedUnconditionalPurchaseObligationBalanceOnThirdAnniversary
1827000000 USD
CY2016Q2 us-gaap Unrecorded Unconditional Purchase Obligation Balance On Fourth Anniversary
UnrecordedUnconditionalPurchaseObligationBalanceOnFourthAnniversary
1813000000 USD
CY2016Q2 us-gaap Unrecorded Unconditional Purchase Obligation Balance On Fifth Anniversary
UnrecordedUnconditionalPurchaseObligationBalanceOnFifthAnniversary
1596000000 USD
CY2016Q2 us-gaap Unrecorded Unconditional Purchase Obligation Due After Five Years
UnrecordedUnconditionalPurchaseObligationDueAfterFiveYears
4348000000 USD
CY2016Q2 fdx Deposit And Progress Payments
DepositAndProgressPayments
413000000 USD
CY2016Q2 us-gaap Unrecorded Unconditional Purchase Obligation Balance Sheet Amount
UnrecordedUnconditionalPurchaseObligationBalanceSheetAmount
14202000000 USD
CY2016 fdx Conditional Aircraft Commitments Boeing767
ConditionalAircraftCommitmentsBoeing767
4
CY2016 fdx Aircraft Purchase Obligation With Delivery Within Fiscal Year
AircraftPurchaseObligationWithDeliveryWithinFiscalYear
12
CY2016 fdx Aircraft Purchase Obligation With Delivery Due In Second Fiscal Year
AircraftPurchaseObligationWithDeliveryDueInSecondFiscalYear
18
CY2016 fdx Aircraft Purchase Obligation With Delivery Due In Third Fiscal Year
AircraftPurchaseObligationWithDeliveryDueInThirdFiscalYear
15
CY2016 fdx Aircraft Purchase Obligation With Delivery Due In Fourth Fiscal Year
AircraftPurchaseObligationWithDeliveryDueInFourthFiscalYear
15
CY2016 fdx Aircraft Purchase Obligation With Delivery Due In Fifth Fiscal Year
AircraftPurchaseObligationWithDeliveryDueInFifthFiscalYear
13
CY2016 fdx Aircraft Purchase Obligation With Delivery Due After Fifth Fiscal Year
AircraftPurchaseObligationWithDeliveryDueAfterFifthFiscalYear
22
CY2016Q2 fdx Aircraft Purchase Obligation
AircraftPurchaseObligation
95
CY2016 fdx Related Party Ownership Interest
RelatedPartyOwnershipInterest
0.1
CY2015Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
1144000000 USD
CY2015Q1 us-gaap Net Income Loss
NetIncomeLoss
628000000 USD
CY2015Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
1137000000 USD
CY2016Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
864000000 USD
CY2014Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
1062000000 USD
CY2014Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
1088000000 USD
CY2015Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
1038000000 USD
CY2015Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-1321000000 USD
CY2015Q3 us-gaap Net Income Loss
NetIncomeLoss
692000000 USD
CY2015Q4 us-gaap Net Income Loss
NetIncomeLoss
691000000 USD
CY2014Q3 us-gaap Net Income Loss
NetIncomeLoss
653000000 USD
CY2014Q4 us-gaap Net Income Loss
NetIncomeLoss
663000000 USD
CY2015Q2 us-gaap Net Income Loss
NetIncomeLoss
-895000000 USD
CY2015Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.45
CY2015Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.47
CY2016Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.86
CY2016Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.26
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
CY2015Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.42
CY2015Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.44
CY2016Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.84
CY2016Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.26
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
CY2015Q3 us-gaap Revenues
Revenues
12279000000 USD
CY2015Q4 us-gaap Revenues
Revenues
12453000000 USD
CY2016Q1 us-gaap Revenues
Revenues
12654000000 USD
CY2014Q3 us-gaap Revenues
Revenues
11684000000 USD
CY2014Q4 us-gaap Revenues
Revenues
11939000000 USD
CY2015Q1 us-gaap Revenues
Revenues
11716000000 USD
CY2015Q2 us-gaap Revenues
Revenues
12114000000 USD
CY2016Q2 us-gaap Revenues
Revenues
12979000000 USD
CY2016Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-68000000 USD
CY2016Q2 us-gaap Net Income Loss
NetIncomeLoss
-70000000 USD
CY2015Q2 us-gaap Asset Impairment Charges
AssetImpairmentCharges
276000000 USD
CY2015Q2 us-gaap Loss Contingency Loss In Period
LossContingencyLossInPeriod
197000000 USD
CY2016Q2 fdx Retirementplansmarktomarketadjustment
Retirementplansmarktomarketadjustment
1500000000 USD
CY2016Q2 fdx Tn Ttransactionfinancingintergrationoperatingresults
TNTtransactionfinancingintergrationoperatingresults
79000000 USD
CY2016Q2 fdx Income Tax Reconciliation Internalrestructuring
IncomeTaxReconciliationInternalrestructuring
76000000 USD
CY2016Q1 us-gaap Loss Contingency Loss In Period
LossContingencyLossInPeriod
204000000 USD
CY2016Q1 fdx Offer Of Compromise
OfferOfCompromise
69000000 USD
CY2016Q2 us-gaap Litigation Settlement Expense
LitigationSettlementExpense
11000000 USD
CY2016Q1 fdx Tn Ttransactionfinancingintergrationexpense
TNTtransactionfinancingintergrationexpense
25000000 USD
CY2015Q4 fdx Tn Ttransactionfinancingintergrationexpense
TNTtransactionfinancingintergrationexpense
19000000 USD
CY2015Q2 fdx Retirementplansmarktomarketadjustment
Retirementplansmarktomarketadjustment
2200000000 USD
CY2015Q4 us-gaap Loss Contingency Loss In Period
LossContingencyLossInPeriod
41000000 USD
CY2016Q2 fdx Spare Parts Supplies Fuel Prepaid Expenses And Other Net
SparePartsSuppliesFuelPrepaidExpensesAndOtherNet
1203000000 USD
CY2016Q2 us-gaap Other Liabilities
OtherLiabilities
8867000000 USD
CY2016Q2 us-gaap Guarantee Obligations Maximum Exposure
GuaranteeObligationsMaximumExposure
13600000000 USD
CY2015Q2 fdx Spare Parts Supplies Fuel Prepaid Expenses And Other Net
SparePartsSuppliesFuelPrepaidExpensesAndOtherNet
853000000 USD
CY2016 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-315000000 USD
CY2014 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-142000000 USD

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