v3.26.1
BUSINESS SEGMENTS AND DISAGGREGATED REVENUE - Schedule of Segment Information (Details) - USD ($)
$ in Millions
12 Months Ended
May 31, 2026
May 31, 2025
May 31, 2024
Segment Reporting [Line Items]      
Revenue $ 94,720 $ 87,926 $ 87,693
Salaries and employee benefits 33,844 31,232 30,961
Purchased transportation 23,620 21,768 20,921
Rentals and landing fees 4,883 4,647 4,571
Depreciation and amortization 4,369 4,264 4,287
Fuel 4,052 3,775 4,710
Maintenance and repairs 3,330 3,245 3,291
Asset impairment charges 23 21 157
Separation and other costs 771 38 0
Other 13,999 12,963 12,654
Total operating expenses 89,257 82,709 82,134
Operating income 5,463 5,217 5,559
Interest, net (533) (426) (375)
Other retirement plans, net 885 713 722
Other, net (22) (63) (70)
Total other (expense) income 330 224 277
INCOME BEFORE INCOME TAXES 5,793 5,441 5,836
Debt exchange offer and consent solicitation cost 6 18  
Segment assets 98,937 87,627 87,007
Impacting segment assets for both segments 7,900    
Increase in cash and cash equivalents due to Spin-Off 2,500    
Capital expenditures 3,809 4,055 5,176
Operating Segments | Federal Express
Segment      
Segment Reporting [Line Items]      
Revenue 82,273 75,304 74,663
Salaries and employee benefits 27,465 25,091 24,606
Purchased transportation 21,812 19,974 19,330
Rentals and landing fees 4,153 3,939 3,863
Depreciation and amortization 3,799 3,722 3,754
Fuel 3,565 3,316 4,137
Maintenance and repairs 2,906 2,799 2,848
Asset impairment charges 23 21 157
Separation and other costs 92 0 0
Business optimization costs 303 384 251
Intercompany allocations (charges) (853) (791) (684)
Other 13,096 11,964 11,582
Total operating expenses 76,361 70,419 69,844
Operating income 5,912 4,885 4,819
Segment assets 84,047 74,154 73,259
Capital expenditures 3,349 3,505 4,591
Operating Segments | FedEx
Freight
Segment      
Segment Reporting [Line Items]      
Revenue 8,795 8,892 9,429
Salaries and employee benefits 3,991 3,865 3,923
Purchased transportation 807 807 877
Rentals and landing fees 301 287 280
Depreciation and amortization 450 416 404
Fuel 485 457 571
Maintenance and repairs 314 332 330
Separation and other costs 492 0 0
Intercompany allocations (charges) 561 573 543
Other 778 666 680
Total operating expenses 8,179 7,403 7,608
Operating income 616 1,489 1,821
Segment assets 6,873 12,899 11,615
Capital expenditures 379 437 461
Operating Segments | FedEx Freight And FedEx Express Segments      
Segment Reporting [Line Items]      
Revenue 91,068 84,196 84,092
Operating income 6,528 6,374 6,640
Corporate, Other, and Eliminations      
Segment Reporting [Line Items]      
Revenue 3,652 3,730 3,601
Operating income (1,065) (1,157) (1,081)
Segment assets 8,017 574 2,133
Capital expenditures $ 81 $ 113 $ 124