v3.26.1
CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Millions
12 Months Ended
May 31, 2026
May 31, 2025
May 31, 2024
Income Statement [Abstract]      
REVENUE $ 94,720 $ 87,926 $ 87,693
OPERATING EXPENSES:      
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
Separation and other costs 771 38 0
Business optimization and realignment costs 366 756 582
Goodwill and other asset impairment charges 23 21 157
Other 13,999 12,963 12,654
Total operating expenses 89,257 82,709 82,134
OPERATING INCOME 5,463 5,217 5,559
OTHER INCOME (EXPENSE):      
Interest expense (970) (789) (745)
Other retirement plans income 885 713 722
Interest income 437 363 370
Other, net (22) (63) (70)
Total other (expense) income 330 224 277
INCOME BEFORE INCOME TAXES 5,793 5,441 5,836
PROVISION FOR INCOME TAXES 1,360 1,349 1,505
NET INCOME $ 4,433 $ 4,092 $ 4,331
EARNINGS PER COMMON SHARE:      
Basic (in dollar per share) $ 18.71 $ 16.96 $ 17.41
Diluted (in dollar per share) $ 18.55 $ 16.81 $ 17.21