$FDX
FEDEX CORP Stock $fdx

$fdx Overview Financials Valuation SEC Filings Company Website

2020 Q2 Form 10-K Financial Statement

#000156459020032775 Filed on July 20, 2020

Income Statement

Concept	2020 Q2	2020 Q1	2019 Q4
Revenue	$17.36B	$17.49B	$17.32B
YoY Change	-2.52%	2.8%	-2.81%
Cost Of Revenue	$5.069B	$5.437B	$5.218B
YoY Change	0.74%	27.84%	-3.33%
Gross Profit	$12.29B	$12.05B	$12.11B
YoY Change	-3.8%	-5.54%	-2.58%
Gross Profit Margin	70.8%	68.91%	69.88%
Selling, General & Admin	$7.898B	$8.030B	$7.933B
YoY Change	2.52%	5.64%	1.1%
% of Gross Profit	64.27%	66.64%	65.53%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$927.0M	$908.0M	$901.0M
YoY Change	7.04%	6.7%	8.82%
% of Gross Profit	7.54%	7.54%	7.44%
Operating Expenses	$11.45B	$11.64B	$11.49B
YoY Change	2.71%	6.44%	2.03%
Operating Profit	$475.0M	$411.0M	$554.0M
YoY Change	-63.91%	-54.88%	-52.57%
Interest Expense	-$174.0M	-$155.0M	-$151.0M
YoY Change	27.94%	14.81%	15.27%
% of Operating Profit	-36.63%	-37.71%	-27.26%
Other Income/Expense, Net	-$620.0M	-$4.000M	$18.00M
YoY Change	-83.4%	-120.0%	100.0%
Pretax Income	-$319.0M	$420.0M	$572.0M
YoY Change	-87.51%	-54.89%	-51.4%
Income Tax	$15.00M	$105.0M	$12.00M
% Of Pretax Income		25.0%	2.1%
Net Earnings	-$334.0M	$315.0M	$560.0M
YoY Change	-83.04%	-57.37%	-40.11%
Net Earnings / Revenue	-1.92%	1.8%	3.23%
Basic Earnings Per Share	-$1.28	$1.21	$2.15
Diluted Earnings Per Share	-$1.28	$1.20	$2.13
COMMON SHARES
Basic Shares Outstanding			261.0M
Diluted Shares Outstanding		262.0M	262.0M

Balance Sheet

Concept	2020 Q2	2020 Q1	2019 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments	$4.881B	$1.766B	$2.031B
YoY Change	110.48%	-38.51%	-4.33%
Cash & Equivalents	$4.881B	$1.766B	$2.031B
Short-Term Investments
Other Short-Term Assets	$828.0M	$884.0M	$882.0M
YoY Change	-24.59%	-15.41%	-27.7%
Inventory	$572.0M	$568.0M	$576.0M
Prepaid Expenses
Receivables	$10.10B	$9.323B	$9.709B
Other Receivables	$0.00	$0.00	$0.00
Total Short-Term Assets	$16.38B	$12.54B	$13.20B
YoY Change	25.19%	-7.1%	-1.79%
LONG-TERM ASSETS
Property, Plant & Equipment	$33.61B	$33.31B	$32.41B
YoY Change	10.45%	11.89%	10.28%
Goodwill	$6.372B	$6.814B	$6.861B
YoY Change	-7.44%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$3.257B	$3.372B	$3.390B
YoY Change	-18.66%	-21.21%	-4.67%
Total Long-Term Assets	$57.15B	$57.47B	$56.76B
YoY Change	38.33%	40.3%	42.42%
TOTAL ASSETS
Total Short-Term Assets	$16.38B	$12.54B	$13.20B
Total Long-Term Assets	$57.15B	$57.47B	$56.76B
Total Assets	$73.54B	$70.01B	$69.95B
YoY Change	35.17%	28.55%	31.27%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$3.269B	$3.193B	$3.283B
YoY Change	7.89%	1.17%	-3.44%
Accrued Expenses	$3.532B	$3.423B	$3.538B
YoY Change	7.75%	5.55%	-32.01%
Deferred Revenue	$10.00M	$10.00M	$10.00M
YoY Change	-9.09%	11.11%	11.11%
Short-Term Debt	$0.00	$300.0M	$150.0M
YoY Change		33.33%	-40.0%
Long-Term Debt Due	$51.00M	$35.00M	$16.00M
YoY Change	-94.71%	-96.4%	-97.51%
Total Short-Term Liabilities	$10.34B	$10.33B	$10.55B
YoY Change	14.77%	11.55%	11.07%
LONG-TERM LIABILITIES
Long-Term Debt	$21.95B	$18.97B	$18.69B
YoY Change	32.11%	10.19%	13.98%
Other Long-Term Liabilities	$466.0M	$18.78B	$476.0M
YoY Change	-30.45%	3334.0%	-90.18%
Total Long-Term Liabilities	$466.0M	$37.76B	$476.0M
YoY Change	-30.45%	6802.56%	-97.76%
TOTAL LIABILITIES
Total Short-Term Liabilities	$10.34B	$10.33B	$10.55B
Total Long-Term Liabilities	$466.0M	$37.76B	$476.0M
Total Liabilities	$10.81B	$51.18B	$11.02B
YoY Change	11.64%	422.12%	-67.57%
SHAREHOLDERS EQUITY
Retained Earnings	$25.22B		$25.43B
YoY Change	2.3%
Common Stock	$3.388B		$3.319B
YoY Change	3.83%
Preferred Stock
YoY Change
Treasury Stock (at cost)	$9.162B		$9.225B
YoY Change	-1.37%
Treasury Stock Shares
Shareholders Equity	$18.30B	$18.83B	$18.66B
YoY Change
Total Liabilities & Shareholders Equity	$73.54B	$70.01B	$69.95B
YoY Change	35.17%	28.55%	31.27%

Cashflow Statement

Concept	2020 Q2	2020 Q1	2019 Q4
OPERATING ACTIVITIES
Net Income	-$334.0M	$315.0M	$560.0M
YoY Change	-83.04%	-57.37%	-40.11%
Depreciation, Depletion And Amortization	$927.0M	$908.0M	$901.0M
YoY Change	7.04%	6.7%	8.82%
Cash From Operating Activities	$1.819B	$1.204B	$1.509B
YoY Change	-20.57%	5.24%	2.1%
INVESTING ACTIVITIES
Capital Expenditures	-$1.163B	-$1.439B	-$1.847B
YoY Change	-32.89%	28.14%	26.94%
Acquisitions
YoY Change
Other Investing Activities	$7.000M	$11.00M	$4.000M
YoY Change	-115.56%	22.22%	-116.0%
Cash From Investing Activities	-$1.156B	-$1.428B	-$1.843B
YoY Change	-34.98%	28.19%	24.53%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	2.514B	-34.00M	-41.00M
YoY Change	-343.6%	-104.89%	-82.17%
NET CHANGE
Cash From Operating Activities	1.819B	1.204B	1.509B
Cash From Investing Activities	-1.156B	-1.428B	-1.843B
Cash From Financing Activities	2.514B	-34.00M	-41.00M
Net Change In Cash	3.177B	-258.0M	-375.0M
YoY Change	-710.96%	-135.59%	61.64%
FREE CASH FLOW
Cash From Operating Activities	$1.819B	$1.204B	$1.509B
Capital Expenditures	-$1.163B	-$1.439B	-$1.847B
Free Cash Flow	$2.982B	$2.643B	$3.356B
YoY Change	-25.88%	16.59%	14.42%

Facts In Submission

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CY2018	us-gaap	Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax	16000000
CY2020	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	-254000000
CY2019	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	-195000000
CY2018	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	-74000000
CY2020	us-gaap	Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Tax OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditTax	25000000
CY2019	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
CY2018	us-gaap	Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Tax OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditTax	37000000
CY2020	us-gaap	Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Net Of Tax OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax	-79000000
CY2019	us-gaap	Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Net Of Tax OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax	-92000000
CY2018	us-gaap	Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Net Of Tax OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax	-89000000
CY2020	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-333000000
CY2019	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-287000000
CY2018	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-163000000
CY2020	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	953000000
CY2019	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	253000000
CY2018	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	4409000000
CY2020	us-gaap	Profit Loss ProfitLoss	1286000000
CY2019	us-gaap	Profit Loss ProfitLoss	540000000
CY2018	us-gaap	Profit Loss ProfitLoss	4572000000
CY2020	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	3615000000
CY2019	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	3353000000
CY2018	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	3095000000
CY2020	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	442000000
CY2019	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	295000000
CY2018	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	246000000
CY2020	fdx	Other Noncash Items And Deferred Income Taxes OtherNoncashItemsAndDeferredIncomeTaxes	2449000000
CY2019	fdx	Other Noncash Items And Deferred Income Taxes OtherNoncashItemsAndDeferredIncomeTaxes	-233000000
CY2018	fdx	Other Noncash Items And Deferred Income Taxes OtherNoncashItemsAndDeferredIncomeTaxes	-231000000
CY2020	us-gaap	Share Based Compensation ShareBasedCompensation	168000000
CY2019	us-gaap	Share Based Compensation ShareBasedCompensation	174000000
CY2018	us-gaap	Share Based Compensation ShareBasedCompensation	167000000
CY2020	fdx	Retirement Plans Market To Market Adjustment RetirementPlansMarketToMarketAdjustment	794000000
CY2019	fdx	Retirement Plans Market To Market Adjustment RetirementPlansMarketToMarketAdjustment	3882000000
CY2018	fdx	Retirement Plans Market To Market Adjustment RetirementPlansMarketToMarketAdjustment	-10000000
CY2019	us-gaap	Gain Loss On Sale Of Business GainLossOnSaleOfBusiness	8000000
CY2018	us-gaap	Gain Loss On Sale Of Business GainLossOnSaleOfBusiness	85000000
CY2019	fdx	Business Realignment Costs Non Cash Portion BusinessRealignmentCostsNonCashPortion	101000000
CY2020	us-gaap	Asset Impairment Charges AssetImpairmentCharges	435000000
CY2018	us-gaap	Asset Impairment Charges AssetImpairmentCharges	380000000
CY2020	us-gaap	Increase Decrease In Receivables IncreaseDecreaseInReceivables	1331000000
CY2019	us-gaap	Increase Decrease In Receivables IncreaseDecreaseInReceivables	873000000
CY2020	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	59000000
CY2020	fdx	Increase Decrease In Pension And Postretirement Healthcare Assets And Liabilities Net IncreaseDecreaseInPensionAndPostretirementHealthcareAssetsAndLiabilitiesNet	-908000000
CY2019	fdx	Increase Decrease In Pension And Postretirement Healthcare Assets And Liabilities Net IncreaseDecreaseInPensionAndPostretirementHealthcareAssetsAndLiabilitiesNet	-909000000
CY2018	fdx	Increase Decrease In Pension And Postretirement Healthcare Assets And Liabilities Net IncreaseDecreaseInPensionAndPostretirementHealthcareAssetsAndLiabilitiesNet	-2345000000
CY2018	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	141000000
CY2019	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	113000000
CY2018	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	72000000
CY2020	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	5097000000
CY2019	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	5613000000
CY2018	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	4674000000
CY2020	us-gaap	Payments To Acquire Productive Assets PaymentsToAcquireProductiveAssets	5868000000
CY2019	us-gaap	Payments To Acquire Productive Assets PaymentsToAcquireProductiveAssets	5490000000
CY2018	us-gaap	Payments To Acquire Productive Assets PaymentsToAcquireProductiveAssets	5663000000
CY2019	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	66000000
CY2018	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	179000000
CY2018	us-gaap	Proceeds From Divestiture Of Businesses ProceedsFromDivestitureOfBusinesses	123000000
CY2020	fdx	Payments For Proceeds From Asset Dispositions And Other PaymentsForProceedsFromAssetDispositionsAndOther	-22000000
CY2019	fdx	Payments For Proceeds From Asset Dispositions And Other PaymentsForProceedsFromAssetDispositionsAndOther	-83000000
CY2020Q2	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	4000000
CY2020Q2	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0
CY2018	fdx	Payments For Proceeds From Asset Dispositions And Other PaymentsForProceedsFromAssetDispositionsAndOther	-42000000
CY2020	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-5846000000
CY2019	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-5473000000
CY2018	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-5677000000
CY2020	us-gaap	Repayments Of Long Term Debt And Capital Securities RepaymentsOfLongTermDebtAndCapitalSecurities	2548000000
CY2019	us-gaap	Repayments Of Long Term Debt And Capital Securities RepaymentsOfLongTermDebtAndCapitalSecurities	1436000000
CY2018	us-gaap	Repayments Of Long Term Debt And Capital Securities RepaymentsOfLongTermDebtAndCapitalSecurities	38000000
CY2020	us-gaap	Proceeds From Issuance Of Long Term Debt ProceedsFromIssuanceOfLongTermDebt	6556000000
CY2019	us-gaap	Proceeds From Issuance Of Long Term Debt ProceedsFromIssuanceOfLongTermDebt	2463000000
CY2018	us-gaap	Proceeds From Issuance Of Long Term Debt ProceedsFromIssuanceOfLongTermDebt	1480000000
CY2020	us-gaap	Proceeds From Issuance Or Sale Of Equity ProceedsFromIssuanceOrSaleOfEquity	64000000
CY2019	us-gaap	Proceeds From Issuance Or Sale Of Equity ProceedsFromIssuanceOrSaleOfEquity	101000000
CY2018	us-gaap	Proceeds From Issuance Or Sale Of Equity ProceedsFromIssuanceOrSaleOfEquity	327000000
CY2020	us-gaap	Payments Of Dividends PaymentsOfDividends	679000000
CY2019	us-gaap	Payments Of Dividends PaymentsOfDividends	683000000
CY2018	us-gaap	Payments Of Dividends PaymentsOfDividends	535000000
CY2020	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	3000000
CY2019	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	1480000000
CY2018	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	1017000000
CY2020	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	-9000000
CY2019	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	-4000000
CY2018	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	10000000
CY2020	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	3381000000
CY2019	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-1039000000
CY2020	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents	-70000000
CY2019	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents	-47000000
CY2018	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents	72000000
CY2020	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	2562000000
CY2019	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-946000000
CY2018	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-704000000
CY2019Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	2319000000
CY2018Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	3265000000
CY2017Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	3969000000
CY2020Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	4881000000
CY2019Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	2319000000
CY2018Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	3265000000
CY2017Q2	us-gaap	Stockholders Equity StockholdersEquity	16073000000
CY2018	us-gaap	Net Income Loss NetIncomeLoss	4572000000
CY2018	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-163000000
CY2018	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	1017000000
CY2018	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	535000000
CY2018	us-gaap	Stock Issued During Period Shares Share Based Compensation StockIssuedDuringPeriodSharesShareBasedCompensation	3100000
CY2018	fdx	Employee Incentive Plans And Other Net Of Forfeitures EmployeeIncentivePlansAndOtherNetOfForfeitures	486000000
CY2018Q2	us-gaap	Stockholders Equity StockholdersEquity	19416000000
CY2019	us-gaap	Net Income Loss NetIncomeLoss	540000000
CY2019	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-287000000
CY2019	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	1480000000
CY2019	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	683000000
CY2019	fdx	Employee Incentive Plans And Other Net Of Forfeitures EmployeeIncentivePlansAndOtherNetOfForfeitures	251000000
CY2019Q2	us-gaap	Stockholders Equity StockholdersEquity	17757000000
CY2020	us-gaap	Net Income Loss NetIncomeLoss	1286000000
CY2020	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-333000000
CY2020	us-gaap	Treasury Stock Shares Acquired TreasuryStockSharesAcquired	20000.00
CY2020	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	3000000
CY2020	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	2.60
CY2020	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	679000000
CY2020	us-gaap	Stock Issued During Period Shares Share Based Compensation StockIssuedDuringPeriodSharesShareBasedCompensation	1000000.0
CY2020	fdx	Employee Incentive Plans And Other Net Of Forfeitures EmployeeIncentivePlansAndOtherNetOfForfeitures	220000000
CY2020	us-gaap	Fiscal Period FiscalPeriod	FISCAL YEARS<span style="font-style:normal;">. Except as otherwise specified, references to years indicate our fiscal year ended May 31, 2020 or ended May 31 of the year referenced.</span>
CY2020	us-gaap	Prior Period Reclassification Adjustment Description PriorPeriodReclassificationAdjustmentDescription	<p style="margin-top:9pt;margin-bottom:0pt;text-indent:0%;font-style:italic;font-family:Times New Roman;font-size:10pt;font-weight:normal;text-transform:none;font-variant: normal;">RECLASSIFICATIONS. <span style="font-style:normal;">Certain reclassifications have been made to the prior years’ consolidated financial statements to conform to the current year’s presentation.</span></p>
CY2020Q2	us-gaap	Contract With Customer Asset Gross ContractWithCustomerAssetGross	563000000
CY2019Q2	us-gaap	Contract With Customer Asset Gross ContractWithCustomerAssetGross	533000000
CY2020Q2	us-gaap	Contract With Customer Asset Net ContractWithCustomerAssetNet	456000000
CY2019Q2	us-gaap	Contract With Customer Asset Net ContractWithCustomerAssetNet	364000000
CY2020Q2	us-gaap	Contract With Customer Liability Current ContractWithCustomerLiabilityCurrent	10000000
CY2019Q2	us-gaap	Contract With Customer Liability Current ContractWithCustomerLiabilityCurrent	11000000
CY2020	us-gaap	Revenue Performance Obligation Description Of Payment Terms RevenuePerformanceObligationDescriptionOfPaymentTerms	Under the typical payment terms of our customer contracts, the customer pays at periodic intervals (e.g., every 15 days, 30 days, 45 days, etc.) for shipments included on invoices received. It is not customary business practice to extend payment terms past 90 days, and as such, we do not have a practice of including a significant financing component within our revenue contracts with customers.
CY2020	us-gaap	Concentration Risk Credit Risk ConcentrationRiskCreditRisk	CREDIT RISK.<span style="font-style:normal;"> We routinely grant credit to many of our customers for transportation and business services without collateral. The risk of credit loss in our trade receivables is substantially mitigated by our credit evaluation process, short collection terms and sales to a large number of customers, as well as the low revenue per transaction for most of our services. Allowances for potential credit losses are determined based on historical experience and the impact of current economic conditions. Historically, credit losses have been within management’s expectations.</span>
CY2020	us-gaap	Marketing And Advertising Expense MarketingAndAdvertisingExpense	427000000
CY2019	us-gaap	Marketing And Advertising Expense MarketingAndAdvertisingExpense	468000000
CY2018	us-gaap	Marketing And Advertising Expense MarketingAndAdvertisingExpense	442000000
CY2020	fdx	Depreciable Life Range For Majority Of Aircraft Costs DepreciableLifeRangeForMajorityOfAircraftCosts	15 to 30 years
CY2020	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	3600000000
CY2019	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	3400000000
CY2018	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	3100000000
CY2020	us-gaap	Interest Costs Capitalized InterestCostsCapitalized	54000000
CY2019	us-gaap	Interest Costs Capitalized InterestCostsCapitalized	64000000
CY2018	us-gaap	Interest Costs Capitalized InterestCostsCapitalized	61000000
CY2019Q4	fdx	Number Of Aircraft To Be Permanently Retired From Service NumberOfAircraftToBePermanentlyRetiredFromService	10
CY2019Q4	fdx	Number Of Aircraft Engines To Be Permanently Retired From Service NumberOfAircraftEnginesToBePermanentlyRetiredFromService	12
CY2019Q4	us-gaap	Impairment Of Long Lived Assets To Be Disposed Of ImpairmentOfLongLivedAssetsToBeDisposedOf	66000000
CY2019Q4	fdx	Impairment Of Long Lived Assets To Be Disposed Of Net Of Tax ImpairmentOfLongLivedAssetsToBeDisposedOfNetOfTax	50000000
CY2019Q4	fdx	Impairment Of Long Lived Assets To Be Disposed Of Net Of Tax Per Diluted Share ImpairmentOfLongLivedAssetsToBeDisposedOfNetOfTaxPerDilutedShare	0.19
CY2019Q4	fdx	Number Of Aircraft Temporarily Idled NumberOfAircraftTemporarilyIdled	7
CY2020Q2	fdx	Number Of Idle Aircraft NumberOfIdleAircraft	14
CY2020	fdx	Aircraft Idle Term AircraftIdleTerm	an average of five months
CY2020Q2	us-gaap	Derivative Instruments In Hedges At Fair Value Net DerivativeInstrumentsInHedgesAtFairValueNet	392000000
CY2016Q1	us-gaap	Stock Repurchase Program Number Of Shares Authorized To Be Repurchased StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased	25000000
CY2020	us-gaap	Treasury Stock Shares Acquired TreasuryStockSharesAcquired	20000.00
CY2020	us-gaap	Treasury Stock Acquired Average Cost Per Share TreasuryStockAcquiredAverageCostPerShare	156.90
CY2020	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	3000000
CY2020Q2	us-gaap	Stock Repurchase Program Remaining Number Of Shares Authorized To Be Repurchased StockRepurchaseProgramRemainingNumberOfSharesAuthorizedToBeRepurchased	5100000
CY2019	us-gaap	Treasury Stock Acquired Average Cost Per Share TreasuryStockAcquiredAverageCostPerShare	222.94
CY2019	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	1500000000
CY2018	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	1000000000.0
CY2020	us-gaap	Dividends Payable Date Declared Day Month And Year DividendsPayableDateDeclaredDayMonthAndYear	2020-06-15
CY2020Q2	us-gaap	Dividends Payable Amount Per Share DividendsPayableAmountPerShare	0.65
CY2020	us-gaap	Dividend Payable Date To Be Paid Day Month And Year DividendPayableDateToBePaidDayMonthAndYear	2020-07-13
CY2020	us-gaap	Dividends Payable Date Of Record Day Month And Year DividendsPayableDateOfRecordDayMonthAndYear	2020-06-29
CY2019	us-gaap	Restructuring And Related Cost Expected Number Of Positions Eliminated RestructuringAndRelatedCostExpectedNumberOfPositionsEliminated	1500
CY2020	us-gaap	Use Of Estimates UseOfEstimates	<p style="margin-bottom:0pt;margin-top:9pt;text-indent:0%;font-style:italic;font-size:10pt;font-family:Times New Roman;font-weight:normal;text-transform:none;font-variant: normal;">USE OF ESTIMATES<span style="font-style:normal;">. The preparation of our consolidated financial statements requires the use of estimates and assumptions that affect the reported amounts of assets and liabilities, the reported amounts of revenue and expenses and the disclosure of contingent liabilities. Management makes its best estimate of the ultimate outcome for these items based on historical trends and other information available when the financial statements are prepared. Changes in estimates are recognized in accordance with the accounting rules for the estimate, which is typically in the period when new information becomes available to management. Areas where the nature of the estimate makes it reasonably possible that actual results could materially differ from amounts estimated include: self-insurance accruals; retirement plan obligations; long-term incentive accruals; tax liabilities; loss contingencies; litigation claims; impairment assessments on long-lived assets (including goodwill); and that rely on projections of future cash flows and purchase price allocations.</span></p> <p style="margin-bottom:0pt;margin-top:9pt;text-indent:0%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The new strain of coronavirus (“COVID-19”) in 2020 and the efforts to contain it have negatively impacted the global economy, disrupted manufacturing operations and global supply chains and created significant volatility and disruption of financial markets. In addition, the COVID-19 pandemic has significantly increased economic and demand uncertainty. See Item 7 (“Management’s Discussion and Analysis of Results of Operations and Financial Condition”) of this Annual Report on Form 10-K for more information about the COVID-19 pandemic and its effects on our business, results of operations and financial condition. The Company believes the estimates and assumptions underlying our financial statements are reasonable and supportable based on the information available at the time the financial statements were prepared. However, uncertainty over the impact COVID-19 will have on the global economy and our business in particular makes many of the estimates and assumptions reflected in our 2020 consolidated financial statements inherently less certain. Therefore, actual results may ultimately differ from those estimates to a greater degree than historically. </p>
CY2019Q2	us-gaap	Operating Lease Liability OperatingLeaseLiability	14200000000
CY2019Q2	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	14100000000
CY2019Q2	us-gaap	Cumulative Effect On Retained Earnings Before Tax1 CumulativeEffectOnRetainedEarningsBeforeTax1	57000000
CY2019Q2	us-gaap	Cumulative Effect On Retained Earnings Net Of Tax1 CumulativeEffectOnRetainedEarningsNetOfTax1	47000000
CY2018Q2	us-gaap	Goodwill Gross GoodwillGross	8657000000
CY2018Q2	us-gaap	Goodwill Impaired Accumulated Impairment Loss GoodwillImpairedAccumulatedImpairmentLoss	1684000000
CY2018Q2	us-gaap	Goodwill Goodwill	6973000000
CY2019	us-gaap	Goodwill Acquired During Period GoodwillAcquiredDuringPeriod	126000000
CY2019	us-gaap	Goodwill Other Increase Decrease GoodwillOtherIncreaseDecrease	-215000000
CY2019Q2	us-gaap	Goodwill Goodwill	6884000000
CY2020	us-gaap	Goodwill Impairment Loss GoodwillImpairmentLoss	358000000
CY2020	us-gaap	Goodwill Other Increase Decrease GoodwillOtherIncreaseDecrease	-154000000
CY2020Q2	us-gaap	Goodwill Goodwill	6372000000
CY2020Q2	us-gaap	Goodwill Impaired Accumulated Impairment Loss GoodwillImpairedAccumulatedImpairmentLoss	2042000000
CY2020Q2	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	838000000
CY2020Q2	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	516000000
CY2020Q2	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	322000000
CY2019Q2	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	888000000
CY2019Q2	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	472000000
CY2019Q2	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	416000000
CY2020	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	66000000
CY2019	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	82000000
CY2018	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	87000000
CY2020Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense Next Twelve Months FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths	49000000
CY2020Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Two FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo	43000000
CY2020Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Three FiniteLivedIntangibleAssetsAmortizationExpenseYearThree	40000000
CY2020Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Four FiniteLivedIntangibleAssetsAmortizationExpenseYearFour	39000000
CY2020Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Five FiniteLivedIntangibleAssetsAmortizationExpenseYearFive	38000000
CY2020Q2	us-gaap	Accrued Salaries Current AccruedSalariesCurrent	436000000
CY2019Q2	us-gaap	Accrued Salaries Current AccruedSalariesCurrent	425000000
CY2020Q2	us-gaap	Accrued Employee Benefits Current AccruedEmployeeBenefitsCurrent	319000000
CY2019Q2	us-gaap	Accrued Employee Benefits Current AccruedEmployeeBenefitsCurrent	552000000
CY2020Q2	us-gaap	Accrued Vacation Current AccruedVacationCurrent	814000000
CY2019Q2	us-gaap	Accrued Vacation Current AccruedVacationCurrent	764000000
CY2020Q2	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	1569000000
CY2019Q2	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	1741000000
CY2020Q2	us-gaap	Accrued Insurance Current AccruedInsuranceCurrent	1223000000
CY2019Q2	us-gaap	Accrued Insurance Current AccruedInsuranceCurrent	1104000000
CY2020Q2	us-gaap	Accrual For Taxes Other Than Income Taxes Current AccrualForTaxesOtherThanIncomeTaxesCurrent	417000000
CY2019Q2	us-gaap	Accrual For Taxes Other Than Income Taxes Current AccrualForTaxesOtherThanIncomeTaxesCurrent	304000000
CY2020Q2	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	1892000000
CY2019Q2	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	1870000000
CY2020Q2	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	3532000000
CY2019Q2	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	3278000000
CY2020Q2	us-gaap	Long Term Debt LongTermDebt	21518000000
CY2019Q2	us-gaap	Long Term Debt LongTermDebt	17518000000
CY2019Q2	us-gaap	Other Long Term Debt OtherLongTermDebt	1000000
CY2020Q2	us-gaap	Finance Lease Liability FinanceLeaseLiability	485000000
CY2019Q2	us-gaap	Finance Lease Liability FinanceLeaseLiability	62000000
CY2020Q2	fdx	Debt And Finance Lease Obligations DebtAndFinanceLeaseObligations	22003000000
CY2019Q2	fdx	Debt And Finance Lease Obligations DebtAndFinanceLeaseObligations	17581000000
CY2020Q2	fdx	Long Term Debt And Finance Lease Obligations Current LongTermDebtAndFinanceLeaseObligationsCurrent	51000000
CY2019Q2	fdx	Long Term Debt And Finance Lease Obligations Current LongTermDebtAndFinanceLeaseObligationsCurrent	964000000
CY2020Q2	fdx	Long Term Debt And Finance Lease Obligations LongTermDebtAndFinanceLeaseObligations	21952000000
CY2019Q2	fdx	Long Term Debt And Finance Lease Obligations LongTermDebtAndFinanceLeaseObligations	16617000000
CY2020Q2	us-gaap	Longterm Debt Weighted Average Interest Rate LongtermDebtWeightedAverageInterestRate	0.036
CY2020Q2	fdx	Long Term Debt Including Current Maturities Fair Value LongTermDebtIncludingCurrentMaturitiesFairValue	22800000000
CY2019Q2	fdx	Long Term Debt Including Current Maturities Fair Value LongTermDebtIncludingCurrentMaturitiesFairValue	17800000000
CY2020Q1	fdx	Letter Of Credit Maximum Sublimit Amount LetterOfCreditMaximumSublimitAmount	250000000
CY2020Q2	us-gaap	Repayments Of Commercial Paper RepaymentsOfCommercialPaper	136000000
CY2020Q2	fdx	Debt To Earnings Before Interest Tax Depreciation And Amortization Ratio Maximum DebtToEarningsBeforeInterestTaxDepreciationAndAmortizationRatioMaximum	3.5
CY2020Q2	fdx	Debt To Earnings Before Interest Tax Depreciation And Amortization Ratio Current Period DebtToEarningsBeforeInterestTaxDepreciationAndAmortizationRatioCurrentPeriod	3.75
CY2020Q2	fdx	Debt To Earnings Before Interest Tax Depreciation And Amortization Ratio Period One DebtToEarningsBeforeInterestTaxDepreciationAndAmortizationRatioPeriodOne	4.75
CY2020Q2	fdx	Debt To Earnings Before Interest Tax Depreciation And Amortization Ratio Period Two DebtToEarningsBeforeInterestTaxDepreciationAndAmortizationRatioPeriodTwo	4.9
CY2020Q2	fdx	Debt To Earnings Before Interest Tax Depreciation And Amortization Ratio Period Three DebtToEarningsBeforeInterestTaxDepreciationAndAmortizationRatioPeriodThree	4.75
CY2020Q2	fdx	Debt To Earnings Before Interest Tax Depreciation And Amortization Ratio Period Four DebtToEarningsBeforeInterestTaxDepreciationAndAmortizationRatioPeriodFour	3.75
CY2020Q2	fdx	Debt To Earnings Before Interest Tax Depreciation And Amortization Ratio Period Five DebtToEarningsBeforeInterestTaxDepreciationAndAmortizationRatioPeriodFive	3.5
CY2020Q2	us-gaap	Dividends Payable Amount Per Share DividendsPayableAmountPerShare	0.65
CY2020Q2	fdx	Debt To Earnings Before Interest Tax Depreciation And Amortization Ratio DebtToEarningsBeforeInterestTaxDepreciationAndAmortizationRatio	3.0
CY2020Q2	fdx	Letter Of Credit Outstanding Sublimit Unused Amount LetterOfCreditOutstandingSublimitUnusedAmount	250000000
CY2020Q2	us-gaap	Commercial Paper Noncurrent CommercialPaperNoncurrent	0
CY2020	us-gaap	Operating Lease Cost OperatingLeaseCost	2668000000
CY2020	us-gaap	Finance Lease Right Of Use Asset Amortization FinanceLeaseRightOfUseAssetAmortization	18000000
CY2020	us-gaap	Finance Lease Interest Expense FinanceLeaseInterestExpense	12000000
CY2020	fdx	Finance Lease Cost FinanceLeaseCost	30000000
CY2020	us-gaap	Short Term Lease Cost ShortTermLeaseCost	197000000
CY2020	us-gaap	Variable Lease Cost VariableLeaseCost	1160000000
CY2020	us-gaap	Lease Cost LeaseCost	4055000000
CY2020	us-gaap	Operating Lease Payments OperatingLeasePayments	2608000000
CY2020	us-gaap	Finance Lease Interest Payment On Liability FinanceLeaseInterestPaymentOnLiability	14000000
CY2020	us-gaap	Finance Lease Principal Payments FinanceLeasePrincipalPayments	84000000
CY2020	us-gaap	Right Of Use Asset Obtained In Exchange For Operating Lease Liability RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability	1915000000
CY2020	us-gaap	Right Of Use Asset Obtained In Exchange For Finance Lease Liability RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability	484000000
CY2020Q2	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	13917000000
CY2020Q2	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	1923000000
CY2020Q2	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	12195000000
CY2020Q2	us-gaap	Operating Lease Liability OperatingLeaseLiability	14118000000
CY2020Q2	us-gaap	Finance Lease Right Of Use Asset FinanceLeaseRightOfUseAsset	480000000
CY2020Q2	us-gaap	Finance Lease Liability Current FinanceLeaseLiabilityCurrent	51000000
CY2020Q2	us-gaap	Finance Lease Liability Noncurrent FinanceLeaseLiabilityNoncurrent	434000000
CY2020Q2	us-gaap	Finance Lease Liability FinanceLeaseLiability	485000000
CY2020Q2	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.0319
CY2020Q2	us-gaap	Finance Lease Weighted Average Discount Rate Percent FinanceLeaseWeightedAverageDiscountRatePercent	0.0358
CY2020	fdx	Finance And Operating Leases Expiration Term FinanceAndOperatingLeasesExpirationTerm	various dates through 2060
CY2020Q2	fdx	Percentage Of Aircraft Fleet Leased Under Operating Leases PercentageOfAircraftFleetLeasedUnderOperatingLeases	0.05
CY2019Q2	fdx	Percentage Of Aircraft Fleet Leased Under Operating Leases PercentageOfAircraftFleetLeasedUnderOperatingLeases	0.06
CY2020Q2	us-gaap	Lessee Operating Lease Liability Payments Due Next Twelve Months LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths	2349000000
CY2020Q2	us-gaap	Finance Lease Liability Payments Due Next Twelve Months FinanceLeaseLiabilityPaymentsDueNextTwelveMonths	67000000
CY2020Q2	fdx	Lessee Operating Lease And Finance Lease Liability Payments Due Due Next Twelve Months LesseeOperatingLeaseAndFinanceLeaseLiabilityPaymentsDueDueNextTwelveMonths	2416000000
CY2020Q2	us-gaap	Lessee Operating Lease Liability Payments Due Year Two LesseeOperatingLeaseLiabilityPaymentsDueYearTwo	2240000000
CY2020Q2	us-gaap	Finance Lease Liability Payments Due Year Two FinanceLeaseLiabilityPaymentsDueYearTwo	26000000
CY2020Q2	fdx	Lessee Operating Lease And Finance Lease Liability Payments Due Year Two LesseeOperatingLeaseAndFinanceLeaseLiabilityPaymentsDueYearTwo	2266000000
CY2020Q2	us-gaap	Lessee Operating Lease Liability Payments Due Year Three LesseeOperatingLeaseLiabilityPaymentsDueYearThree	1987000000
CY2020Q2	us-gaap	Finance Lease Liability Payments Due Year Three FinanceLeaseLiabilityPaymentsDueYearThree	25000000
CY2020Q2	fdx	Lessee Operating Lease And Finance Liability Payments Due Year Three LesseeOperatingLeaseAndFinanceLiabilityPaymentsDueYearThree	2012000000
CY2020Q2	us-gaap	Lessee Operating Lease Liability Payments Due Year Four LesseeOperatingLeaseLiabilityPaymentsDueYearFour	1665000000
CY2020Q2	us-gaap	Finance Lease Liability Payments Due Year Four FinanceLeaseLiabilityPaymentsDueYearFour	24000000
CY2020Q2	fdx	Lessee Operating Lease And Finance Lease Liability Payments Due Year Four LesseeOperatingLeaseAndFinanceLeaseLiabilityPaymentsDueYearFour	1689000000
CY2020Q2	us-gaap	Lessee Operating Lease Liability Payments Due Year Five LesseeOperatingLeaseLiabilityPaymentsDueYearFive	1434000000
CY2020Q2	us-gaap	Finance Lease Liability Payments Due Year Five FinanceLeaseLiabilityPaymentsDueYearFive	81000000
CY2020Q2	fdx	Lessee Operating Lease And Finance Lease Liability Payments Due Year Five LesseeOperatingLeaseAndFinanceLeaseLiabilityPaymentsDueYearFive	1515000000
CY2020Q2	us-gaap	Lessee Operating Lease Liability Payments Due After Year Five LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive	6906000000
CY2020Q2	us-gaap	Finance Lease Liability Payments Due After Year Five FinanceLeaseLiabilityPaymentsDueAfterYearFive	646000000
CY2020Q2	fdx	Lessee Operating Lease And Finance Lease Liability Payments Due After Year Five LesseeOperatingLeaseAndFinanceLeaseLiabilityPaymentsDueAfterYearFive	7552000000
CY2020Q2	us-gaap	Lessee Operating Lease Liability Payments Due LesseeOperatingLeaseLiabilityPaymentsDue	16581000000
CY2020Q2	us-gaap	Finance Lease Liability Payments Due FinanceLeaseLiabilityPaymentsDue	869000000
CY2020Q2	fdx	Lessee Operating Lease And Finance Lease Liability Payments Due LesseeOperatingLeaseAndFinanceLeaseLiabilityPaymentsDue	17450000000
CY2020Q2	us-gaap	Lessee Operating Lease Liability Undiscounted Excess Amount LesseeOperatingLeaseLiabilityUndiscountedExcessAmount	2463000000
CY2020Q2	us-gaap	Finance Lease Liability Undiscounted Excess Amount FinanceLeaseLiabilityUndiscountedExcessAmount	384000000
CY2020Q2	fdx	Lessee Operating Lease And Finance Lease Liability Undiscounted Excess Amount LesseeOperatingLeaseAndFinanceLeaseLiabilityUndiscountedExcessAmount	2847000000
CY2020Q2	us-gaap	Operating Lease Liability OperatingLeaseLiability	14118000000
CY2020Q2	us-gaap	Finance Lease Liability FinanceLeaseLiability	485000000
CY2020Q2	fdx	Operating Lease And Finance Lease Liability OperatingLeaseAndFinanceLeaseLiability	14603000000
CY2020Q2	fdx	Lessee Operating And Finance Lease Lease Not Yet Commenced Undiscounted Future Payments LesseeOperatingAndFinanceLeaseLeaseNotYetCommencedUndiscountedFuturePayments	1600000000
CY2019	us-gaap	Operating Leases Rent Expense Minimum Rentals OperatingLeasesRentExpenseMinimumRentals	2875000000
CY2018	us-gaap	Operating Leases Rent Expense Minimum Rentals OperatingLeasesRentExpenseMinimumRentals	2913000000
CY2019	us-gaap	Operating Leases Rent Expense Contingent Rentals OperatingLeasesRentExpenseContingentRentals	222000000
CY2018	us-gaap	Operating Leases Rent Expense Contingent Rentals OperatingLeasesRentExpenseContingentRentals	194000000
CY2019	us-gaap	Lease And Rental Expense LeaseAndRentalExpense	3097000000
CY2018	us-gaap	Lease And Rental Expense LeaseAndRentalExpense	3107000000
CY2019Q2	us-gaap	Operating Leases Future Minimum Payments Due Current OperatingLeasesFutureMinimumPaymentsDueCurrent	2497000000
CY2019Q2	us-gaap	Operating Leases Future Minimum Payments Due In Two Years OperatingLeasesFutureMinimumPaymentsDueInTwoYears	2263000000
CY2019Q2	us-gaap	Operating Leases Future Minimum Payments Due In Three Years OperatingLeasesFutureMinimumPaymentsDueInThreeYears	2028000000
CY2019Q2	us-gaap	Operating Leases Future Minimum Payments Due In Four Years OperatingLeasesFutureMinimumPaymentsDueInFourYears	1779000000
CY2019Q2	us-gaap	Operating Leases Future Minimum Payments Due In Five Years OperatingLeasesFutureMinimumPaymentsDueInFiveYears	1486000000
CY2019Q2	us-gaap	Operating Leases Future Minimum Payments Due Thereafter OperatingLeasesFutureMinimumPaymentsDueThereafter	8062000000
CY2019Q2	us-gaap	Operating Leases Future Minimum Payments Due OperatingLeasesFutureMinimumPaymentsDue	18115000000
CY2018	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	4566000000
CY2020	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	168000000
CY2019	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	174000000
CY2018	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	167000000
CY2020	fdx	Stock Option Vesting Period Range StockOptionVestingPeriodRange	one to four years
CY2020	fdx	Share Based Compensation Arrangement By Share Based Payment Award Options Vesting Period ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestingPeriod	0.82
CY2020	fdx	Restricted Stock Expiration Period RestrictedStockExpirationPeriod	ratably over a four-year period
CY2020	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Method Used ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsMethodUsed	Black-Scholes
CY2020	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue	33.97
CY2019	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue	61.42
CY2018	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue	55.72
CY2020	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue	44000000
CY2019	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue	122000000
CY2018	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue	359000000
CY2020	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1 SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1	P6Y4M24D
CY2019	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1 SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1	P6Y4M24D
CY2018	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1 SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1	P6Y6M
CY2020	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate	0.23
CY2019	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate	0.21
CY2018	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate	0.23
CY2020	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate	0.0191
CY2019	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate	0.0294
CY2018	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate	0.0207
CY2020	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate	0.01630
CY2019	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate	0.00935
CY2018	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate	0.00796
CY2020	fdx	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Maximum Term ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedMaximumTerm	P10Y
CY2019Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	13622515
CY2019Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	166.89
CY2020	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod	3839144
CY2020	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice	159.77
CY2020	us-gaap	Stock Issued During Period Shares Stock Options Exercised StockIssuedDuringPeriodSharesStockOptionsExercised	763104
CY2020	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice	83.70
CY2020	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod	573810
CY2020	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice	192.34
CY2018	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	3095000000
CY2020	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	261000000
CY2019	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	262000000
CY2020Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	16124745
CY2020Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	167.79
CY2020Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue	118000000
CY2020Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableNumber	9654040
CY2020Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice	154.19
CY2020Q2	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1	118000000
CY2020Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber	5975696
CY2020Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice	188.09
CY2020Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant	27415296
CY2019Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber	324478
CY2019Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue	217.76
CY2020	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod	207012
CY2020	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue	158.58
CY2020	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod	154449
CY2020	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	200.84
CY2020	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod	5351
CY2020	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue	197.07
CY2020Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber	371690
CY2020Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue	192.19
CY2019	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod	149579
CY2019	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	253.28
CY2018	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod	155624
CY2018	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	212.60
CY2020	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Number Of Shares SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares	2073310
CY2020	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1	99000000
CY2019	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Number Of Shares SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares	2249301
CY2019	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1	115000000
CY2018	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Number Of Shares SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares	2465493
CY2018	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1	112000000
CY2020Q2	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized	209000000
CY2020	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1 EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1	P2Y
CY2020Q2	fdx	Ratio Of Outstanding And Available To Grant Shares To Outstanding Common And Equity Compensation Shares And Equity Compensation Shares Available For Grant RatioOfOutstandingAndAvailableToGrantSharesToOutstandingCommonAndEquityCompensationSharesAndEquityCompensationSharesAvailableForGrant	0.14
CY2020	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	1284000000
CY2019	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	539000000
CY2018Q2	us-gaap	Assets Assets	52330000000
CY2018	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	65450000000
CY2019	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	-85000000
CY2018	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	-183000000
CY2020	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	383000000
CY2019	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	115000000
CY2018	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-219000000
CY2020	us-gaap	Income Loss From Continuing Operations Before Income Taxes Foreign IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign	634000000
CY2019	us-gaap	Income Loss From Continuing Operations Before Income Taxes Foreign IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign	929000000
CY2018	us-gaap	Income Loss From Continuing Operations Before Income Taxes Foreign IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign	958000000
CY2020	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.21
CY2018	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	267000000
CY2020	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	4.92
CY2019	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	2.06
CY2018	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	17.08
CY2020	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	1284000000
CY2019	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	539000000
CY2018	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	4566000000
CY2020	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	261000000
CY2019	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	262000000
CY2018	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	267000000
CY2020	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	1000000
CY2019	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	3000000
CY2018	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	5000000
CY2020	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	262000000
CY2019	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	265000000
CY2018	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	272000000
CY2020	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	4.90
CY2019	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	2.03
CY2018	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	16.79
CY2020	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	11700000
CY2019	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	5400000
CY2018	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	2500000
CY2020	us-gaap	Current Federal Tax Expense Benefit CurrentFederalTaxExpenseBenefit	-230000000
CY2019	us-gaap	Current Federal Tax Expense Benefit CurrentFederalTaxExpenseBenefit	-107000000
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CY2020	us-gaap	Current State And Local Tax Expense Benefit CurrentStateAndLocalTaxExpenseBenefit	67000000
CY2019	us-gaap	Current State And Local Tax Expense Benefit CurrentStateAndLocalTaxExpenseBenefit	64000000
CY2018	us-gaap	Current State And Local Tax Expense Benefit CurrentStateAndLocalTaxExpenseBenefit	43000000
CY2020	us-gaap	Current Foreign Tax Expense Benefit CurrentForeignTaxExpenseBenefit	198000000
CY2019	us-gaap	Current Foreign Tax Expense Benefit CurrentForeignTaxExpenseBenefit	243000000
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CY2020	us-gaap	Current Income Tax Expense Benefit CurrentIncomeTaxExpenseBenefit	35000000
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CY2019	us-gaap	Deferred Foreign Income Tax Expense Benefit DeferredForeignIncomeTaxExpenseBenefit	-17000000
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CY2020	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	348000000
CY2020	us-gaap	Loss Contingency Disclosures LossContingencyDisclosures	<p style="margin-bottom:0pt;margin-top:12pt;text-indent:0%;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">NOTE 18: CONTINGENCIES</p> <p style="margin-top:9pt;margin-bottom:0pt;text-indent:0%;font-style:italic;font-family:Times New Roman;font-size:10pt;font-weight:normal;text-transform:none;font-variant: normal;">Service Provider Lawsuits<span style="font-style:normal;">. FedEx Ground is defending lawsuits in which it is alleged that FedEx Ground should be treated as a joint employer of drivers employed by service providers engaged by FedEx Ground. These cases are in varying stages of litigation, and we are not currently able to estimate an amount or range of potential loss in all of these matters. However, we do not expect to incur, individually or in the aggregate, a material loss in these matters. Nevertheless, adverse determinations in these matters could, among other things, entitle service providers’ drivers to certain wage payments from the service providers and FedEx Ground, and result in employment and withholding tax and benefit liability for FedEx Ground. We continue to believe that FedEx Ground is not an employer or joint employer of the drivers of these independent businesses.</span></p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;"> </p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-style:italic;font-family:Times New Roman;font-size:10pt;font-weight:normal;text-transform:none;font-variant: normal;">Federal Securities Litigation and Derivative Lawsuits<span style="font-style:normal;">. On June 26, 2019 and July 2, 2019, FedEx and certain present and former officers were named as defendants in two putative class action securities lawsuits filed in the U.S. District Court for the Southern District of New York. The complaints, which have been consolidated, allege violations of Sections 10(b) and 20(a) of the Securities Exchange Act of 1934, as amended, and Rule 10b-5 promulgated thereunder relating to alleged misstatements or omissions in FedEx’s public filings with the SEC and other public statements during the period from September 19, 2017 to December 18, 2018. We are not currently able to estimate the probability of loss or the amount or range of potential loss, if any, at this stage of the litigation.</span></p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;"> </p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">On September 17, 2019 and November 6, 2019, FedEx, its Board of Directors and certain present and former directors and officers were named as defendants in two stockholder derivative lawsuits filed in the U.S. District Court for the District of Delaware. The complaints, which were subsequently consolidated, repeated the allegations in the federal securities litigation complaints, and asserted new claims against the FedEx Board of Directors and certain present and former directors and officers for breach of fiduciary duty, waste of corporate assets, unjust enrichment, insider selling and violations of the federal securities laws. On June 24, 2020, the consolidated lawsuit was dismissed with prejudice. Any appeal of the dismissal must be made by July 24, 2020.</p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;"> </p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-style:italic;font-family:Times New Roman;font-size:10pt;font-weight:normal;text-transform:none;font-variant: normal;">Derivative Lawsuit Related to New York Cigarette Litigation<span style="font-style:normal;">. On October 3, 2019, FedEx and certain present and former FedEx directors and officers were named as defendants in a stockholder derivative lawsuit filed in the Delaware Court of Chancery. The complaint alleges the defendants breached their fiduciary duties in connection with the activities alleged in lawsuits filed by the City of New York and the State of New York against FedEx Ground in December 2013 and November 2014 and against FedEx Ground and FedEx Freight in July 2017. The underlying lawsuits related to the alleged shipment of cigarettes to New York residents in contravention of several statutes, as well as common law nuisance claims, and were dismissed by the court in December 2018 following entry into a final settlement agreement for approximately $35 million. The settlement did not include any admission of liability by FedEx Ground or FedEx Freight. In addition to the settlement amount, we recognized approximately $10 million for certain attorney’s fees in connection with the underlying lawsuits. We are not currently able to estimate the probability of loss or the amount or range of potential loss, if any, at this stage of the lawsuit. On August 14, 2019, a separate stockholder derivative lawsuit alleging similar breaches of fiduciary duty was filed in the Delaware Court of Chancery. The plaintiff voluntarily dismissed this lawsuit on June 25, 2020.</span></p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-size:11pt;"> </p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-style:italic;font-family:Times New Roman;font-size:10pt;font-weight:normal;text-transform:none;font-variant: normal;">Environmental Matters<span style="font-style:normal;">. SEC regulations require disclosure of certain environmental matters when a governmental authority is a party to the proceedings and the proceedings involve potential monetary sanctions that management reasonably believes could exceed $100,000.</span></p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;"> </p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Prior to our acquisition of TNT Express, a lawsuit was filed in Simões Filho, Bahia, Brazil against a subsidiary of TNT Express alleging violations of Brazilian environmental laws. Specifically, the lawsuit alleges that in 2012, certain employees unlawfully discarded non-toxic trash on a highway. We could be subject to monetary sanctions and fines related to such activity that exceed $100,000. We believe that the aggregate amount of any such sanctions and fines will be immaterial.</p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;"> </p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-style:italic;font-family:Times New Roman;font-size:10pt;font-weight:normal;text-transform:none;font-variant: normal;">Other Matters<span style="font-style:normal;">. FedEx and its subsidiaries are subject to other legal proceedings that arise in the ordinary course of business, including certain lawsuits containing various class-action allegations of wage-and-hour violations in which plaintiffs claim, among other things, that they were forced to work “off the clock,” were not paid overtime or were not provided work breaks or other benefits. In the opinion of management, the aggregate liability, if any, with respect to these other actions will not have a material adverse effect on our financial position, results of operations or cash flows.</span></p>
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CY2018	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.292
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CY2018	us-gaap	Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate	1271000000
CY2020	us-gaap	Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance	-129000000
CY2019	us-gaap	Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance	-79000000
CY2018	us-gaap	Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance	31000000
CY2020	us-gaap	Income Tax Reconciliation Nondeductible Expense Impairment Losses IncomeTaxReconciliationNondeductibleExpenseImpairmentLosses	75000000
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CY2020	fdx	Income Tax Reconciliation Benefits From Tax Loss Carryback To Prior Years IncomeTaxReconciliationBenefitsFromTaxLossCarrybackToPriorYears	71000000
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CY2019	us-gaap	Income Tax Reconciliation Nondeductible Expense IncomeTaxReconciliationNondeductibleExpense	79000000
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CY2020	us-gaap	Income Tax Reconciliation State And Local Income Taxes IncomeTaxReconciliationStateAndLocalIncomeTaxes	53000000
CY2019	us-gaap	Income Tax Reconciliation State And Local Income Taxes IncomeTaxReconciliationStateAndLocalIncomeTaxes	44000000
CY2018	us-gaap	Income Tax Reconciliation State And Local Income Taxes IncomeTaxReconciliationStateAndLocalIncomeTaxes	119000000
CY2020	fdx	Income Tax Reconciliation Deferred Tax Adjustments Related To Foreign Operations IncomeTaxReconciliationDeferredTaxAdjustmentsRelatedToForeignOperations	51000000
CY2020	us-gaap	Income Tax Reconciliation Foreign Income Tax Rate Differential IncomeTaxReconciliationForeignIncomeTaxRateDifferential	38000000
CY2019	us-gaap	Income Tax Reconciliation Foreign Income Tax Rate Differential IncomeTaxReconciliationForeignIncomeTaxRateDifferential	-1000000
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CY2019	us-gaap	Income Tax Reconciliation Change In Enacted Tax Rate IncomeTaxReconciliationChangeInEnactedTaxRate	50000000
CY2018	us-gaap	Income Tax Reconciliation Change In Enacted Tax Rate IncomeTaxReconciliationChangeInEnactedTaxRate	6000000
CY2020	fdx	Income Tax Reconciliation Benefits From Share Based Payments IncomeTaxReconciliationBenefitsFromShareBasedPayments	5000000
CY2019	fdx	Income Tax Reconciliation Benefits From Share Based Payments IncomeTaxReconciliationBenefitsFromShareBasedPayments	18000000
CY2018	fdx	Income Tax Reconciliation Benefits From Share Based Payments IncomeTaxReconciliationBenefitsFromShareBasedPayments	60000000
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CY2018	fdx	Income Tax Rate Reconciliation Change In Tax Cuts And Jobs Act Amount IncomeTaxRateReconciliationChangeInTaxCutsAndJobsActAmount	-1354000000
CY2019	us-gaap	Income Tax Reconciliation Tax Credits Foreign IncomeTaxReconciliationTaxCreditsForeign	8000000
CY2018	us-gaap	Income Tax Reconciliation Tax Credits Foreign IncomeTaxReconciliationTaxCreditsForeign	225000000
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CY2019	us-gaap	Income Tax Reconciliation Other Adjustments IncomeTaxReconciliationOtherAdjustments	-27000000
CY2018	us-gaap	Income Tax Reconciliation Other Adjustments IncomeTaxReconciliationOtherAdjustments	-53000000
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CY2018	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-219000000
CY2020	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.230
CY2019	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.176
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CY2020	fdx	Tax Benefit From Reduction Of Valuation Allowance On Tax Loss Carryforwards TaxBenefitFromReductionOfValuationAllowanceOnTaxLossCarryforwards	133000000
CY2020Q2	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	51000000
CY2019	fdx	Tax Benefit From Reduction Of Valuation Allowance On Tax Loss Carryforwards TaxBenefitFromReductionOfValuationAllowanceOnTaxLossCarryforwards	90000000
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	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.35
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CY2018	fdx	Weighted Average Discount Rate Percent All Pension Post Retirement Plans WeightedAverageDiscountRatePercentAllPensionPostRetirementPlans	0.0411
CY2018	fdx	Us Pension Plan Actual Rate Of Return On Assets USPensionPlanActualRateOfReturnOnAssets	0.0630
CY2020	us-gaap	Description Of Defined Contribution Pension And Other Postretirement Plans DescriptionOfDefinedContributionPensionAndOtherPostretirementPlans	In November 2019, we announced the closing of our U.S.-based defined benefit pension plans to new non-union employees hired on or after January 1, 2020. We will introduce an all-401(k)-plan retirement benefit structure for eligible employees with a higher company match of up to 8% across all U.S.-based operating companies. During 2021, current eligible employees under the PPA pension formula will be given a one-time option to continue to be eligible for pension compensation credits under the existing PPA formula and remain in the existing 401(k) plan with its company match of up to 3.5%, or to cease receiving compensation credits under the PPA and move to the new 401(k) plan with the higher match of up to 8%. Changes to the new 401(k) plan structure become effective beginning January 1, 2022. While this new program will provide employees greater flexibility and reduce our long-term pension costs, it will not have a material impact on current or near-term financial results.
CY2020	fdx	Defined Benefit Plan Assets Actual Rate Of Return For Fifteen Year Period DefinedBenefitPlanAssetsActualRateOfReturnForFifteenYearPeriod	0.0770
CY2020	us-gaap	Litigation Settlement Amount Awarded From Other Party LitigationSettlementAmountAwardedFromOtherParty	35000000
CY2020	fdx	Attorneys Fees Recognized In Connection With Underlying Lawsuits AttorneysFeesRecognizedInConnectionWithUnderlyingLawsuits	10000000
CY2020Q2	us-gaap	Defined Benefit Plan Health Care Cost Trend Rate Assumed Next Fiscal Year DefinedBenefitPlanHealthCareCostTrendRateAssumedNextFiscalYear	0.0570
CY2020Q2	us-gaap	Defined Benefit Plan Ultimate Health Care Cost Trend Rate1 DefinedBenefitPlanUltimateHealthCareCostTrendRate1	0.0450
CY2020	us-gaap	Defined Benefit Plan Year Health Care Cost Trend Rate Reaches Ultimate Trend Rate DefinedBenefitPlanYearHealthCareCostTrendRateReachesUltimateTrendRate	2037
CY2020	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	69217000000
CY2019	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	69693000000
CY2020	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	3615000000
CY2019	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	3353000000
CY2019	us-gaap	Operating Income Loss OperatingIncomeLoss	4466000000
CY2018	us-gaap	Operating Income Loss OperatingIncomeLoss	4272000000
CY2020Q2	us-gaap	Assets Assets	73537000000
CY2019Q2	us-gaap	Assets Assets	54403000000
CY2020	us-gaap	Business Combination Integration Related Costs BusinessCombinationIntegrationRelatedCosts	270000000
CY2019	us-gaap	Business Combination Integration Related Costs BusinessCombinationIntegrationRelatedCosts	388000000
CY2019	fdx	Business Realignment Costs BusinessRealignmentCosts	320000000
CY2018	us-gaap	Business Combination Integration Related Costs BusinessCombinationIntegrationRelatedCosts	477000000
CY2018	us-gaap	Asset Impairment Charges AssetImpairmentCharges	380000000
CY2020	us-gaap	Payments To Acquire Productive Assets PaymentsToAcquireProductiveAssets	5868000000
CY2019	us-gaap	Payments To Acquire Productive Assets PaymentsToAcquireProductiveAssets	5490000000
CY2018	us-gaap	Payments To Acquire Productive Assets PaymentsToAcquireProductiveAssets	5663000000
CY2020	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	69217000000
CY2019	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	69693000000
CY2018	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	65450000000
CY2020	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	69217000000
CY2019	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	69693000000
CY2018	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	65450000000
CY2020Q2	us-gaap	Assets Noncurrent AssetsNoncurrent	57154000000
CY2019Q2	us-gaap	Assets Noncurrent AssetsNoncurrent	41317000000
CY2018Q2	us-gaap	Assets Noncurrent AssetsNoncurrent	38989000000
CY2020	us-gaap	Interest Paid Net InterestPaidNet	639000000
CY2019	us-gaap	Interest Paid Net InterestPaidNet	617000000
CY2018	us-gaap	Interest Paid Net InterestPaidNet	524000000
CY2020	us-gaap	Income Taxes Paid IncomeTaxesPaid	389000000
CY2019	us-gaap	Income Taxes Paid IncomeTaxesPaid	407000000
CY2018	us-gaap	Income Taxes Paid IncomeTaxesPaid	760000000
CY2020	us-gaap	Proceeds From Income Tax Refunds ProceedsFromIncomeTaxRefunds	353000000
CY2019	us-gaap	Proceeds From Income Tax Refunds ProceedsFromIncomeTaxRefunds	36000000
CY2018	us-gaap	Proceeds From Income Tax Refunds ProceedsFromIncomeTaxRefunds	571000000
CY2020	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	36000000
CY2019	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	371000000
CY2018	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	189000000
CY2020Q2	us-gaap	Unrecorded Unconditional Purchase Obligation Balance On First Anniversary UnrecordedUnconditionalPurchaseObligationBalanceOnFirstAnniversary	3126000000
CY2020Q2	us-gaap	Unrecorded Unconditional Purchase Obligation Balance On Second Anniversary UnrecordedUnconditionalPurchaseObligationBalanceOnSecondAnniversary	3362000000
CY2020Q2	us-gaap	Unrecorded Unconditional Purchase Obligation Balance On Third Anniversary UnrecordedUnconditionalPurchaseObligationBalanceOnThirdAnniversary	2443000000
CY2020Q2	us-gaap	Unrecorded Unconditional Purchase Obligation Balance On Fourth Anniversary UnrecordedUnconditionalPurchaseObligationBalanceOnFourthAnniversary	960000000
CY2020Q2	us-gaap	Unrecorded Unconditional Purchase Obligation Balance On Fifth Anniversary UnrecordedUnconditionalPurchaseObligationBalanceOnFifthAnniversary	886000000
CY2020Q2	us-gaap	Unrecorded Unconditional Purchase Obligation Due After Five Years UnrecordedUnconditionalPurchaseObligationDueAfterFiveYears	3120000000
CY2020Q2	us-gaap	Unrecorded Unconditional Purchase Obligation Balance Sheet Amount UnrecordedUnconditionalPurchaseObligationBalanceSheetAmount	13897000000
CY2020Q2	fdx	Deposit And Progress Payments DepositAndProgressPayments	633000000
CY2020	fdx	Aircraft Purchase Obligation With Delivery Due In First Fiscal Year AircraftPurchaseObligationWithDeliveryDueInFirstFiscalYear	26
CY2020	fdx	Aircraft Purchase Obligation With Delivery Due In Second Fiscal Year AircraftPurchaseObligationWithDeliveryDueInSecondFiscalYear	39
CY2020	fdx	Aircraft Purchase Obligation With Delivery Due In Third Fiscal Year AircraftPurchaseObligationWithDeliveryDueInThirdFiscalYear	28
CY2020	fdx	Aircraft Purchase Obligation With Delivery Due In Fourth Fiscal Year AircraftPurchaseObligationWithDeliveryDueInFourthFiscalYear	22
CY2020	fdx	Aircraft Purchase Obligation With Delivery Due In Fifth Fiscal Year AircraftPurchaseObligationWithDeliveryDueInFifthFiscalYear	20
CY2020	fdx	Aircraft Purchase Obligation With Delivery Due After Fifth Fiscal Year AircraftPurchaseObligationWithDeliveryDueAfterFifthFiscalYear	6
CY2020	fdx	Aircraft Purchase Obligation AircraftPurchaseObligation	141
CY2020Q2	us-gaap	Net Income Loss NetIncomeLoss	-334000000
CY2019Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	2.86
CY2019Q4	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	2.15
CY2020Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.21
CY2020Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-1.28
CY2019Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	2.84
CY2019Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	17010000000
CY2019Q2	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	17807000000
CY2019Q3	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	17048000000
CY2019Q4	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	17324000000
CY2020Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	17487000000
CY2020Q2	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	17358000000
CY2019Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	977000000
CY2019Q4	us-gaap	Operating Income Loss OperatingIncomeLoss	554000000
CY2020Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	411000000
CY2020Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	475000000
CY2019Q3	us-gaap	Net Income Loss NetIncomeLoss	745000000
CY2019Q4	us-gaap	Net Income Loss NetIncomeLoss	560000000
CY2020Q1	us-gaap	Net Income Loss NetIncomeLoss	315000000
CY2019Q4	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	2.13
CY2020Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.20
CY2020Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-1.28
CY2018Q3	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	17052000000
CY2018Q4	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	17824000000
CY2018Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	1071000000
CY2018Q4	us-gaap	Operating Income Loss OperatingIncomeLoss	1168000000
CY2019Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	911000000
CY2019Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	1316000000
CY2018Q3	us-gaap	Net Income Loss NetIncomeLoss	835000000
CY2018Q4	us-gaap	Net Income Loss NetIncomeLoss	935000000
CY2019Q1	us-gaap	Net Income Loss NetIncomeLoss	739000000
CY2019Q2	us-gaap	Net Income Loss NetIncomeLoss	-1969000000
CY2018Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	3.15
CY2018Q4	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	3.56
CY2019Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	2.83
CY2019Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-7.56
CY2018Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	3.10
CY2018Q4	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	3.51
CY2019Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	2.80
CY2019Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-7.56
CY2020Q2	us-gaap	Business Combination Integration Related Costs BusinessCombinationIntegrationRelatedCosts	63000000
CY2020Q1	us-gaap	Business Combination Integration Related Costs BusinessCombinationIntegrationRelatedCosts	72000000
CY2019Q4	us-gaap	Business Combination Integration Related Costs BusinessCombinationIntegrationRelatedCosts	64000000
CY2019Q3	us-gaap	Business Combination Integration Related Costs BusinessCombinationIntegrationRelatedCosts	71000000
CY2020Q2	fdx	Retirement Plans Market To Market Adjustment RetirementPlansMarketToMarketAdjustment	794000000
CY2019Q4	us-gaap	Asset Impairment Charges AssetImpairmentCharges	66000000
CY2020Q2	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	51000000
CY2019Q4	fdx	Tax Benefit From Reduction Of Valuation Allowance On Tax Loss Carryforwards TaxBenefitFromReductionOfValuationAllowanceOnTaxLossCarryforwards	133000000
CY2019Q2	us-gaap	Business Combination Integration Related Costs BusinessCombinationIntegrationRelatedCosts	84000000
CY2019Q1	us-gaap	Business Combination Integration Related Costs BusinessCombinationIntegrationRelatedCosts	69000000
CY2018Q4	us-gaap	Business Combination Integration Related Costs BusinessCombinationIntegrationRelatedCosts	114000000
CY2018Q3	us-gaap	Business Combination Integration Related Costs BusinessCombinationIntegrationRelatedCosts	121000000
CY2019Q2	fdx	Business Realignment Costs BusinessRealignmentCosts	316000000
CY2019Q1	fdx	Business Realignment Costs BusinessRealignmentCosts	4000000
CY2019Q2	fdx	Retirement Plans Market To Market Adjustment RetirementPlansMarketToMarketAdjustment	3900000000
CY2019Q1	fdx	Tax Benefit From Reduction Of Valuation Allowance On Tax Loss Carryforwards TaxBenefitFromReductionOfValuationAllowanceOnTaxLossCarryforwards	90000000
CY2018Q4	us-gaap	Income Tax Reconciliation Prior Year Income Taxes IncomeTaxReconciliationPriorYearIncomeTaxes	60000000
CY2018Q4	us-gaap	Increase Decrease In Income Taxes IncreaseDecreaseInIncomeTaxes	4000000

Files In Submission

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0001564590-20-032775.txt	Edgar Link	pending
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$FDX
FEDEX CORP Stock $fdx

2020 Q2 Form 10-K Financial Statement

#000156459020032775 Filed on July 20, 2020

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$FDX FEDEX CORP Stock $fdx

2020 Q2 Form 10-K Financial Statement

#000156459020032775 Filed on July 20, 2020

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$FDX
FEDEX CORP Stock $fdx