v3.26.3
CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN COMMON STOCKHOLDERS’ INVESTMENT - USD ($)
$ in Millions
 1 Months Ended 3 Months Ended 4 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Beginning Balance $ 31,647       $ 31,647  
Net Income 5,041 $ 217 $ 290 $ 920 5,331 [1] $ 1,137 [1]
Other comprehensive income (loss)     40 (13) (539) (3)
Ending Balance     34,568 27,838 34,568 27,838
Common Stock            
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Beginning Balance 32 32 32 32 32 32
Ending Balance 32 32 32 32 32 32
Additional Paid-in Capital            
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Beginning Balance 4,717 4,290 4,587 4,301 4,717 4,290
Purchases of common stock     211   21  
Employee incentive plans and other     63 36 123 47
Ending Balance 4,587 4,301 4,861 4,337 4,861 4,337
Retained Earnings            
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Beginning Balance 44,461 41,402 49,677 41,277 44,461 41,402
Net Income     290 920 5,331 1,137
Cash dividends declared [2]     (290) (345) (579) (687)
FedEx Freight Spin-Off         (464)  
Ending Balance 49,677 41,277 49,677 41,852 49,677 41,852
Accumulated Other Comprehensive Loss            
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Beginning Balance (1,227) (1,362) (1,806) (1,352) (1,227) (1,362)
Other comprehensive income (loss) [3]     40 (13) (539) (3)
Ending Balance (1,806) (1,352) (1,766) (1,365) (1,766) (1,365)
Treasury Stock            
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Beginning Balance (16,336) (16,288) (17,368) (16,408) (16,336) (16,288)
Purchases of common stock     (978) (634) (2,038) (780)
Employee incentive plans and other [4]     110 24 138 50
Ending Balance $ (17,368) $ (16,408) $ (18,236) $ (17,018) $ (18,236) $ (17,018)
[1] The statement of cash flows has not been recast to reflect discontinued operations for any periods presented. Supplemental disclosure of operating and investing cash flows from discontinued operations is included in Note 2.
[2] Cash dividends declared were $1.22 and $1.45 per share for the three-month periods ended September 30, 2026 and 2025, respectively, and $2.44 and $2.90 per share for the four-month periods ended September 30, 2026 and 2025, respectively.
[3] Net of tax (expense) benefits of ($11) and $5 for the three-month periods ended September 30, 2026 and 2025, respectively, and $130 and $5 for the four-month periods ended September 30, 2026 and 2025, respectively.
[4] Treasury shares issued for employee stock option exercises were 0.5 million and 0.2 million shares during the three-month periods ended September 30, 2026 and 2025, respectively, and 0.9 million and 0.4 million shares for the four-month periods ended September 30, 2026 and 2025.