FedEx (FDX) 10-Q 18 Dec 14 2015 Q2 Quarterly report Financial data

Condensed_Consolidated_Balance

Condensed Consolidated Balance Sheets (USD $)	Nov. 30, 2014	31-May-14
In Millions, unless otherwise specified
CURRENT ASSETS
Cash and cash equivalents	$2,266	$2,908
Receivables, less allowances of $176 and $164	5,592	5,460
Spare parts, supplies and fuel, less allowances of $215 and $212	476	463
Deferred income taxes	497	522
Prepaid expenses and other	381	330
Total current assets	9,212	9,683
PROPERTY AND EQUIPMENT, AT COST	41,616	40,691
Less accumulated depreciation and amortization	21,723	21,141
Net property and equipment	19,893	19,550
OTHER LONG-TERM ASSETS
GOODWILL	2,734	2,790
Other assets	1,145	1,047
Total other long-term assets	3,879	3,837
ASSETS	32,984	33,070
CURRENT LIABILITIES
Current portion of long-term debt		1
Accrued salaries and employee benefits	1,219	1,277
Accounts payable	1,968	1,971
Accrued expenses	1,986	2,063
Total current liabilities	5,173	5,312
LONG-TERM DEBT, LESS CURRENT PORTION	4,735	4,736
OTHER LONG-TERM LIABILITIES
Deferred income taxes	2,104	2,114
Pension, postretirement healthcare and other benefit obligations	3,136	3,484
Self-insurance accruals	1,072	1,038
Deferred lease obligations	832	758
Deferred gains, principally related to aircraft transactions	193	206
Other liabilities	176	145
Total other long-term liabilities	7,513	7,745
COMMITMENTS AND CONTINGENCIES
COMMON STOCKHOLDERS' INVESTMENT
Common stock, $0.10 par value; 800 million shares authorized; 318 million shares issued as of November 30, 2014 and May 31, 2014	32	32
Additional paid-in capital	2,618	2,643
Retained earnings	21,480	20,429
Accumulated other comprehensive loss	-3,787	-3,694
Treasury stock, at cost	-4,780	-4,133
Total common stockholders' investment	15,563	15,277
LIABILITIES AND STOCKHOLDERS' INVESTMENT	$32,984	$33,070

Condensed_Consolidated_Balance1

Condensed Consolidated Balance Sheets (Parenthetical) (USD $)	Nov. 30, 2014	31-May-14
In Millions, except Per Share data, unless otherwise specified
CURRENT ASSETS
Allowances for receivables	$176	$164
Allowances for spare parts, supplies and fuel	$215	$212
COMMON STOCKHOLDERS' INVESTMENT
Common stock, par value	$0.10	$0.10
Common stock, shares authorized	800	800
Common stock, shares issued	318	318

Condensed_Consolidated_Stateme

Condensed Consolidated Statements of Income (USD $)	3 Months Ended		6 Months Ended
In Millions, except Per Share data, unless otherwise specified	Nov. 30, 2014	Nov. 30, 2013	Nov. 30, 2014	Nov. 30, 2013
Condensed Consolidated Statements of Income
REVENUES	$11,939	$11,403	$23,623	$22,427
OPERATING EXPENSES:
Salaries and employee benefits	4,304	4,148	8,493	8,225
Purchased transportation	2,185	2,040	4,239	3,919
Rentals and landing fees	663	648	1,323	1,288
Depreciation and amortization	651	647	1,302	1,286
Fuel	1,052	1,136	2,172	2,240
Maintenance and repairs	543	479	1,099	959
Other	1,528	1,478	2,995	2,888
OPERATING EXPENSES	10,926	10,576	21,623	20,805
OPERATING INCOME	1,013	827	2,000	1,622
OTHER INCOME (EXPENSE):
Interest, net	-47	-30	-95	-57
Other, net	5	-5	3	-7
OTHER INCOME (EXPENSE)	-42	-35	-92	-64
INCOME BEFORE INCOME TAXES	971	792	1,908	1,558
PROVISION FOR INCOME TAXES	355	292	686	569
NET INCOME	$616	$500	$1,222	$989
EARNINGS PER COMMON SHARE:
Basic	$2.17	$1.58	$4.30	$3.13
Diluted	$2.14	$1.57	$4.24	$3.10
DIVIDENDS DECLARED PER COMMON SHARE	$0.20	$0.15	$0.60	$0.45

Condensed_Consolidated_Stateme1

Condensed Consolidated Statements of Comprehensive Income (USD $)	3 Months Ended		6 Months Ended
In Millions, unless otherwise specified	Nov. 30, 2014	Nov. 30, 2013	Nov. 30, 2014	Nov. 30, 2013
Condensed Consolidated Statement of Other Comprehensive Income
NET INCOME	$616	$500	$1,222	$989
Other comprehensive income (loss):
Foreign currency translation adjustments, net of tax of $14, $6, $23 and $4	-122	45	-153	-34
Amortization of unrealized pension actuarial gains/losses and other, net of tax of $17, $25, $35, $50	29	43	60	85
Other comprehensive income (loss)	-93	88	-93	51
COMPREHENSIVE INCOME	$523	$588	$1,129	$1,040

Condensed_Consolidated_Stateme2

Condensed Consolidated Statements of Comprehensive Income (Parenthetical) (USD $)	3 Months Ended		6 Months Ended
In Millions, unless otherwise specified	Nov. 30, 2014	Nov. 30, 2013	Nov. 30, 2014	Nov. 30, 2013
Other Comprehensive Income, Tax Amounts
Foreign currency translation adjustments, tax	$14	$6	$23	$4
Amortization of unrealized pension actuarial gains/losses and other, tax	$17	$25	$35	$50

Condensed_Consolidated_Stateme3

Condensed Consolidated Statements of Cash Flows (USD $)	6 Months Ended
In Millions, unless otherwise specified	Nov. 30, 2014	Nov. 30, 2013
Operating Activities:
Net income	$1,222	$989
Adjustments to reconcile net income to cash provided by operating activities:
Depreciation and amortization	1,302	1,286
Provision for uncollectible accounts	78	65
Stock-based compensation	79	71
Deferred income taxes and other noncash items	57	201
Changes in assets and liabilities:
Receivables	-317	-385
Other assets	-46	-126
Accounts payable and other liabilities	-201	-476
Other, net	-23	-16
Cash provided by operating activities	2,151	1,609
Investing Activities:
Capital expenditures	-1,890	-1,690
Proceeds from asset dispositions and other	7	19
Cash used in investing activities	-1,883	-1,671
Financing Activities:
Principal payments on debt	-1	-3
Proceeds from stock issuances	189	380
Excess tax benefit on the exercise of stock options	23	20
Dividends paid	-114	-95
Purchase of treasury stock	-947	-1,219
Cash used in financing activities	-850	-917
Effect of exchange rate changes on cash	-60	-3
Net decrease in cash and cash equivalents	-642	-982
Cash and cash equivalents at beginning of period	2,908	4,917
Cash and cash equivalents at end of period	$2,266	$3,935

General

General	6 Months Ended
	Nov. 30, 2014
General [Abstract]
General	(1) General
	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES. These interim financial statements of FedEx Corporation (“FedEx”) have been prepared in accordance with accounting principles generally accepted in the United States and Securities and Exchange Commission (“SEC”) instructions for interim financial information, and should be read in conjunction with our Annual Report on Form 10-K for the year ended May 31, 2014 (“Annual Report”). Accordingly, significant accounting policies and other disclosures normally provided have been omitted since such items are disclosed in our Annual Report.
	In the opinion of management, the accompanying unaudited condensed consolidated financial statements reflect all adjustments (including normal recurring adjustments) necessary to present fairly our financial position as of November 30, 2014, the results of our operations for the three- and six-month periods ended November 30, 2014 and 2013 and cash flows for the six-month periods ended November 30, 2014 and 2013. Operating results for the three- and six-month periods ended November 30, 2014 are not necessarily indicative of the results that may be expected for the year ending May 31, 2015.
	Except as otherwise specified, references to years indicate our fiscal year ending May 31, 2015 or ended May 31 of the year referenced and comparisons are to the corresponding period of the prior year.
	BUSINESS ACQUISITIONS. Subsequent to November 30, 2014, FedEx entered into agreements to acquire two businesses, expanding our portfolio in e-commerce and supply chain solutions. On December 15, 2014, we entered into an agreement to acquire GENCO Distribution Systems, Inc., one of the largest third-party logistics providers in North America. This acquisition is expected to be completed in early calendar year 2015, subject to customary closing conditions. The financial results of this business will be included in the FedEx Ground segment from the date of acquisition and are expected to be immaterial to our 2015 results.
	In addition, on December 16, 2014, FedEx acquired Bongo International, LLC, a leader in cross border enablement technologies and solutions. The financial results of this acquired business will be included in the FedEx Express segment from the date of acquisition and are expected to be immaterial to our 2015 results.
	EMPLOYEES UNDER COLLECTIVE BARGAINING ARRANGEMENTS. The pilots of FedEx Express, which represent a small number of FedEx Express's total employees, are employed under a collective bargaining agreement. The contract became amendable in March 2013, and the parties are currently in negotiations. In October 2014, FedEx Express formally requested assistance from the National Mediation Board (“NMB”) to mediate the negotiations. The NMB is the U.S. governmental agency that oversees labor agreements for entities covered by the Railway Labor Act of 1926, as amended (“Railway Labor Act”).  The progression of negotiations into the mediation stage has no impact on our operations.  In addition to our pilots at FedEx Express, certain non-U.S. employees are unionized.
	STOCK-BASED COMPENSATION. We have two types of equity-based compensation: stock options and restricted stock. The key terms of the stock option and restricted stock awards granted under our incentive stock plans and all financial disclosures about these programs are set forth in our Annual Report.
	Our stock-based compensation expense was $31 million for the three-month period ended November 30, 2014 and $79 million for the six-month period ended November 30, 2014. Our stock-based compensation expense was $26 million for the three-month period ended November 30, 2013 and $71 million for the six-month period ended November 30, 2013. Due to its immateriality, additional disclosures related to stock-based compensation have been excluded from this quarterly report.
	RECENT ACCOUNTING GUIDANCE. New accounting rules and disclosure requirements can significantly impact our reported results and the comparability of our financial statements. These matters are described in our Annual Report.
	We believe that no other new accounting guidance was adopted or issued during the first six months of 2015 that is relevant to the readers of our financial statements. However, there are numerous new proposals under development which, if and when enacted, may have a significant impact on our financial reporting.
	TREASURY SHARES. In September 2014, our Board of Directors authorized the repurchase of up to 15 million shares of common stock. It is expected that the share authorization will primarily be utilized to offset equity compensation dilution over the next several years. During the second quarter of 2015, we repurchased 1.0 million shares of FedEx common stock at an average price of $156 per share for a total of $156 million. As of November 30, 2014, 14 million shares remained under the share repurchase authorization.
	DIVIDENDS DECLARED PER COMMON SHARE. On November 21, 2014, our Board of Directors declared a quarterly dividend of $0.20 per share of common stock. The dividend will be paid on January 2, 2015 to stockholders of record as of the close of business on December 12, 2014. Each quarterly dividend payment is subject to review and approval by our Board of Directors, and we evaluate our dividend payment amount on an annual basis at the end of each fiscal year.

Accumulated_Other_Comprehensiv

Accumulated Other Comprehensive Income (Loss)	6 Months Ended
	Nov. 30, 2014
Accumulated Other Comprehensive Income Loss Net Of Tax [Abstract]
Accumulated Other Comprehensive Income (Loss)	(2) Accumulated Other Comprehensive Income (Loss)
	The following table provides changes in accumulated other comprehensive income (loss) (“AOCI”), net of tax, reported in our condensed consolidated financial statements for the periods ended November 30 (in millions; amounts in parentheses indicate debits to AOCI):
				Three Months Ended						Six Months Ended
				2014			2013			2014				2013
	Foreign currency translation gain (loss):
		Balance at beginning of period		$	46		$	23		$	77			$	102
		Translation adjustments			-122			45			-153				-34
		Balance at end of period			-76			68			-76				68
	Retirement plans adjustments:
		Balance at beginning of period			-3,740			-3,880			-3,771				-3,922
		Reclassifications from AOCI			29			43			60				85
		Balance at end of period			-3,711			-3,837			-3,711				-3,837
	Accumulated other comprehensive loss at
		end of period		$	-3,787		$	-3,769		$	-3,787			$	-3,769
	The following table presents details of the reclassifications from AOCI for the periods ended November 30 (in millions; amounts in parentheses indicate debits to earnings):
				Amount Reclassified from												Affected Line Item in the
				AOCI												Income Statement
				Three Months Ended					Six Months Ended
				2014		2013			2014			2013
	Retirement plans:
		Amortization of
			actuarial losses and other	$	-75	$	-97		$	-153		$	-192			Salaries and employee benefits
		Amortization of prior
			service credits		29		29			58			57			Salaries and employee benefits
	Total before tax				-46		-68			-95			-135
		Income tax benefit			17		25			35			50			Provision for income taxes
	AOCI reclassifications,
		net of tax		$	-29	$	-43		$	-60		$	-85			Net income

Financing_Arrangements

Financing Arrangements	6 Months Ended
	Nov. 30, 2014
Financing Arrangements [Abstract]
Financing Arrangements	(3) Financing Arrangements
	We have a shelf registration statement with the SEC that allows us to sell, in one or more future offerings, any combination of our unsecured debt securities and common stock.
	A $1 billion revolving credit facility is available to finance our operations and other cash flow needs and to provide support for the issuance of commercial paper. The agreement contains a financial covenant, which requires us to maintain a leverage ratio of adjusted debt to capital that does not exceed 70%. Our leverage ratio of adjusted debt to capital was 57% at November 30, 2014. We are in compliance with the leverage ratio covenant and all other covenants of our revolving credit agreement and do not expect the covenants to affect our operations, including our liquidity or expected funding needs. See our Annual Report for a description of the term and covenant details of our revolving credit facility.
	Long-term debt, exclusive of capital leases, had a carrying value of $4.7 billion at November 30, 2014 and May 31, 2014, compared with an estimated fair value of $5.1 billion at November 30, 2014 and $5.0 billion at May 31, 2014. The estimated fair values were determined based on quoted market prices and the current rates offered for debt with similar terms and maturities. The fair value of our long-term debt is classified as Level 2 within the fair value hierarchy. This classification is defined as a fair value determined using market-based inputs other than quoted prices that are observable for the liability, either directly or indirectly.

Computation_of_Earnings_Per_Sh

Computation of Earnings Per Share	6 Months Ended
	Nov. 30, 2014
Earnings Per Share [Abstract]
Computation of Earnings Per Share	(4) Computation of Earnings Per Share
	The calculation of basic and diluted earnings per common share for the periods ended November 30 was as follows (in millions, except per share amounts):
		Three Months Ended				Six Months Ended
		2014		2013		2014		2013
	Basic earnings per common share:
	Net earnings allocable to common shares(1)	$	615	$	499	$	1,220	$	988
	Weighted-average common shares		283		315		284		316
	Basic earnings per common share	$	2.17	$	1.58	$	4.3	$	3.13
	Diluted earnings per common share:
	Net earnings allocable to common shares(1)	$	615	$	499	$	1,220	$	988
	Weighted-average common shares		283		315		284		316
	Dilutive effect of share-based awards		4		4		4		3
	Weighted-average diluted shares		287		319		288		319
	Diluted earnings per common share	$	2.14	$	1.57	$	4.24	$	3.1
	Anti-dilutive options excluded from diluted
	earnings per common share		2.2		2.5		2.2		6.2
	(1) Net earnings available to participating securities were immaterial in all periods presented.

Retirement_Plans

Retirement Plans	6 Months Ended
	Nov. 30, 2014
Retirement Plans [Abstract]
Retirement Plans	(5) Retirement Plans
	We sponsor programs that provide retirement benefits to most of our employees. These programs include defined benefit pension plans, defined contribution plans and postretirement healthcare plans. Key terms of our retirement plans are provided in our Annual Report. Our retirement plans costs for the periods ended November 30 were as follows (in millions):
			Three Months Ended				Six Months Ended
			2014		2013		2014		2013
	U.S. domestic and international pension plans		$	65	$	121	$	133	$	242
	U.S. domestic and international defined contribution
		plans		94		88		188		177
	U.S. domestic and international postretirement
		healthcare plans		20		19		40		39
			$	179	$	228	$	361	$	458
	Net periodic benefit cost of the pension and postretirement healthcare plans for the periods ended November 30 included the following components (in millions):
			Three Months Ended				Six Months Ended
	Pension Plans		2014		2013		2014		2013
		Service cost	$	164	$	164	$	328	$	328
		Interest cost		275		263		550		526
		Expected return on plan assets		-420		-374		-840		-747
		Recognized actuarial losses and other		46		68		95		135
			$	65	$	121	$	133	$	242
			Three Months Ended				Six Months Ended
	Postretirement Healthcare Plans		2014		2013		2014		2013
		Service cost	$	10	$	9	$	20	$	19
		Interest cost		10		10		20		20
			$	20	$	19	$	40	$	39
	Contributions to our tax qualified U.S. domestic pension plans (“U.S. Pension Plans”) for the six-month periods ended November 30 were as follows:
			2014		2013
	Required		$	247	$	315
	Voluntary			83		15
			$	330	$	330
	In December 2014, we made an additional contribution of $165 million to our U.S. Pension Plans. Our U.S. Pension Plans have ample funds to meet expected benefit payments. Following this December 2014 payment, for the remainder of 2015, we have no required contributions to our U.S. Pension Plans; however, we expect to make approximately $160 million in voluntary contributions to our U.S. Pension Plans.

Business_Segment_Information

Business Segment Information	6 Months Ended
	Nov. 30, 2014
Business Segment Information [Abstract]
Business Segment Information	(6) Business Segment Information
	We provide a broad portfolio of transportation, e-commerce and business services through companies competing collectively, operating independently and managed collaboratively under the respected FedEx brand. Our primary operating companies include FedEx Express, the world's largest express transportation company; FedEx Ground Package System, Inc. (“FedEx Ground”), a leading North American provider of small-package ground delivery services; and FedEx Freight, Inc. (“FedEx Freight”), a leading U.S. provider of less-than-truckload (“LTL”) freight services.
	Our reportable segments include the following businesses:
	FedEx Express Segment	FedEx Express (express transportation)
		FedEx Trade Networks (air and ocean freight forwarding and customs brokerage)
		FedEx SupplyChain Systems (logistics services)
	FedEx Ground Segment	FedEx Ground (small-package ground delivery)
		FedEx SmartPost (small-parcel consolidator)
	FedEx Freight Segment	FedEx Freight (LTL freight transportation)
		FedEx Custom Critical (time-critical transportation)
	FedEx Services Segment	FedEx Services (sales, marketing, information technology, communications and
		back-office functions)
		FedEx TechConnect (customer service, technical support, billings and collections)
		FedEx Office (document and business services and package acceptance)
	FedEx Services Segment
	The FedEx Services segment operates combined sales, marketing, administrative and information technology functions in shared services operations that support our transportation businesses and allow us to obtain synergies from the combination of these functions. For the international regions of FedEx Express, some of these functions are performed on a regional basis by FedEx Express and reported in the FedEx Express segment in their natural expense line items.
	The FedEx Services segment provides direct and indirect support to our transportation businesses, and we allocate all of the net operating costs of the FedEx Services segment (including the net operating results of FedEx Office) to reflect the full cost of operating our transportation businesses in the results of those segments. Within the FedEx Services segment allocation, the net operating results of FedEx Office, which are an immaterial component of our allocations, are allocated to FedEx Express and FedEx Ground. We review and evaluate the performance of our transportation segments based on operating income (inclusive of FedEx Services segment allocations). For the FedEx Services segment, performance is evaluated based on the impact of its total allocated net operating costs on our transportation segments.
	Operating expenses for each of our transportation segments include the allocations from the FedEx Services segment to the respective transportation segments. These allocations also include charges and credits for administrative services provided between operating companies. The allocations of net operating costs are based on metrics such as relative revenues or estimated services provided. We believe these allocations approximate the net cost of providing these functions and our allocation methodologies are refined as necessary to reflect changes in our businesses.
	During the first quarter of 2015, we ceased allocating to our transportation segments the costs associated with our corporate headquarters division. These costs included services related to general oversight functions, including executive officers and certain legal and finance functions. This change allows for additional transparency and improved management of our corporate oversight costs. These costs are included in “Corporate, eliminations and other” in our segment reporting and reconciliations. Prior year amounts have been revised to conform to the current year segment presentation. This change did not impact our condensed consolidated financial statements included in Note 10.
	Other Intersegment Transactions
	Certain FedEx operating companies provide transportation and related services for other FedEx companies outside their reportable segment. Billings for such services are based on negotiated rates, which we believe approximate fair value, and are reflected as revenues of the billing segment. These rates are adjusted from time to time based on market conditions. Such intersegment revenues and expenses are eliminated in our consolidated results and are not separately identified in the following segment information, because the amounts are not material.
	The following table provides a reconciliation of reportable segment revenues and operating income to our unaudited condensed consolidated financial statement totals for the three-month periods ended November 30 (in millions):
			Three Months Ended				Six Months Ended
			2014		2013		2014		2013
	Revenues
		FedEx Express segment	$	7,024	$	6,844	$	13,886	$	13,449
		FedEx Ground segment		3,063		2,849		6,023		5,579
		FedEx Freight segment		1,585		1,434		3,194		2,858
		FedEx Services segment		394		391		768		766
		Eliminations and other		-127		-115		-248		-225
			$	11,939	$	11,403	$	23,623	$	22,427
	Operating Income
		FedEx Express segment (1)	$	484	$	357	$	853	$	630
		FedEx Ground segment(1)		465		439		1,010		922
		FedEx Freight segment (1)		112		83		280		182
		Corporate, eliminations and other(1)		-48		-52		-143		-112
			$	1,013	$	827	$	2,000	$	1,622
	(1)	Prior year amounts have been revised to conform to the current year segment presentation regarding the allocation of corporate headquarters costs.

Commitments

Commitments	6 Months Ended
	Nov. 30, 2014
Commitments [Abstract]
Commitments	(7) Commitments
	As of November 30, 2014, our purchase commitments under various contracts for the remainder of 2015 and annually thereafter were as follows (in millions):
			Aircraft and
			Aircraft-Related			Other(1)			Total
	2015 (remainder)		$	709		$	452		$	1,161
	2016			1,230			329			1,559
	2017			1,033			175			1,208
	2018			1,402			101			1,503
	2019			1,022			58			1,080
	Thereafter			4,472			101			4,573
	Total		$	9,868		$	1,216		$	11,084
	(1)	Primarily equipment, advertising contracts and contributions to our U.S. Pension Plans, which are further described in Note 5.
	The amounts reflected in the table above for purchase commitments represent noncancelable agreements to purchase goods or services. As of November 30, 2014, our obligation to purchase four Boeing 767-300 Freighter (“B767F”) aircraft and nine Boeing 777 Freighter (“B777F”) aircraft is conditioned upon there being no event that causes FedEx Express or its employees not to be covered by the Railway Labor Act. Commitments to purchase aircraft in passenger configuration do not include the attendant costs to modify these aircraft for cargo transport unless we have entered into noncancelable commitments to modify such aircraft.  Open purchase orders that are cancelable are not considered unconditional purchase obligations for financial reporting purposes and are not included in the table above.
	During September 2014, FedEx Express entered into an agreement to purchase four additional B767F aircraft, the delivery of which will begin in 2017 and continue through 2019.
	We had $500 million in deposits and progress payments as of November 30, 2014 on aircraft purchases and other planned aircraft-related transactions. These deposits are classified in the “Other assets” caption of our consolidated balance sheets. In addition to our commitment to purchase B777Fs and B767Fs, our aircraft purchase commitments include the Boeing 757 (“B757”) aircraft in passenger configuration, which will require additional costs to modify for cargo transport. Aircraft and aircraft-related contracts are subject to price escalations. The following table is a summary of the key aircraft we are committed to purchase as of November 30, 2014 with the year of expected delivery:
			B757		B767F		B777F		Total
	2015 (remainder)		1		8		-		9
	2016		-		11		2		13
	2017		-		12		-		12
	2018		-		11		2		13
	2019		-		6		2		8
	Thereafter		-		-		12		12
	Total		1		48		18		67
	A summary of future minimum lease payments under noncancelable operating leases with an initial or remaining term in excess of one year at November 30, 2014 is as follows (in millions):
				Operating Leases
				Aircraft						Total
				and Related			Facilities			Operating
				Equipment			and Other			Leases
	2015 (remainder)			$	391		$	791		$	1,182
	2016				461			1,561			2,022
	2017				399			1,684			2,083
	2018				329			1,264			1,593
	2019				273			1,091			1,364
	Thereafter				551			7,097			7,648
	Total			$	2,404		$	13,488		$	15,892
	Future minimum lease payments under capital leases were immaterial at November 30, 2014. While certain of our lease agreements contain covenants governing the use of the leased assets or require us to maintain certain levels of insurance, none of our lease agreements include material financial covenants or limitations.

Contingencies

Contingencies	6 Months Ended
	Nov. 30, 2014
Loss Contingency [Abstract]
Contingencies	(8) Contingencies
	Wage-and-Hour. We are a defendant in a number of lawsuits containing various class-action allegations of wage-and-hour violations. The plaintiffs in these lawsuits allege, 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. The complaints generally seek unspecified monetary damages, injunctive relief, or both. We do not believe that a material loss is reasonably possible with respect to any of these matters.
	Independent Contractor — Lawsuits and State Administrative Proceedings. FedEx Ground is involved in numerous class-action lawsuits (including 26 that have been certified as class actions), individual lawsuits and state tax and other administrative proceedings that claim that the company's owner-operators should be treated as employees, rather than independent contractors.
	Most of the class-action lawsuits were consolidated for administration of the pre-trial proceedings by a single federal court, the U.S. District Court for the Northern District of Indiana. The multidistrict litigation court granted class certification in 28 cases and denied it in 14 cases. On December 13, 2010, the court entered an opinion and order addressing all outstanding motions for summary judgment on the status of the owner-operators (i.e., independent contractor vs. employee). In sum, the court ruled on our summary judgment motions and entered judgment in favor of FedEx Ground on all claims in 20 of the 28 multidistrict litigation cases that had been certified as class actions, finding that the owner-operators in those cases were contractors as a matter of the law of 20 states. The plaintiffs filed notices of appeal in all of these 20 cases. The Seventh Circuit heard the appeal in the Kansas case in January 2012 and, in July 2012, issued an opinion that did not make a determination with respect to the correctness of the district court's decision and, instead, certified two questions to the Kansas Supreme Court related to the classification of the plaintiffs as independent contractors under the Kansas Wage Payment Act. The other 19 cases that are before the Seventh Circuit were stayed pending a decision of the Kansas Supreme Court.
	On October 3, 2014, the Kansas Supreme Court determined that a 20 factor right to control test applies to claims under the Kansas Wage Payment Act and concluded that under that test, the class members were employees, not independent contractors. The case was subsequently transferred back to the Seventh Circuit, where both parties made filings requesting the action necessary to complete the resolution of the appeals. The parties also made recommendations to the court regarding next steps for the other 19 cases that are before the Seventh Circuit. FedEx Ground has requested that each of those cases be separately briefed given the potential differences in the applicable state law from that in Kansas. During the second quarter of 2015, we established an accrual for the estimated probable loss in the Kansas case that was required to be recognized pursuant to applicable accounting standards. This amount was immaterial.
	The multidistrict litigation court remanded the other eight certified class actions back to the district courts where they were originally filed because its summary judgment ruling did not completely dispose of all of the claims in those lawsuits. Three of these matters settled for immaterial amounts. The courts have granted final approval of two of the three settlements, while the other settlement remains subject to court approval. One of the cases is on appeal with the Court of Appeals for the Eleventh Circuit and three cases, which had been decided in our favor by the respective district courts in Oregon and California, were appealed to the Ninth Circuit Court of Appeals. The last case is currently pending in the Eastern District of Arkansas.
	On August 27, 2014, the Ninth Circuit reversed the district court decisions and held that the plaintiffs in California and Oregon were employees as a matter of law. In each case, we asked the court to reconsider and petitioned for en banc review by the full Ninth Circuit Court of Appeals, which was denied. On October 30, 2014, the cases were remanded to their respective district courts for further proceedings.
	During the first quarter of 2015, we established an accrual for the estimated probable loss in this case that was required to be recognized pursuant to applicable accounting standards. This amount was immaterial. Material exposure above the accrued amount, however, is reasonably possible, and accordingly we have undertaken a process to attempt to estimate a range of reasonably possible loss based on currently available information relating to the case. This process has included attempting to evaluate what facts may arise in the course of discovery and what legal rulings the courts may render and how these facts and rulings might impact FedEx Ground's loss. For a number of reasons, we are not currently able to estimate a range of reasonably possible loss in excess of the amount accrued. The number and identities of plaintiffs in these lawsuits are uncertain, as they are dependent on how the class of full-time drivers is defined and how many individuals will qualify based on whatever criteria may be established. In addition, the parties have conducted only very limited discovery into damages, which could vary considerably from plaintiff to plaintiff and be dependent on evidence pertaining to individual plaintiffs, which has yet to be produced in the case. Further, the range of potential loss could be impacted substantially by future rulings by the courts, including on the merits of the claims, on FedEx Ground's defenses, and on evidentiary issues.
	With respect to the matters that are pending outside of the Ninth Circuit, it is reasonably possible that potential loss in some of these lawsuits or changes to the independent contractor status of FedEx Ground's owner-operators could be material. We have undertaken a process to attempt to estimate a range of reasonably possible loss based on currently available information relating to these cases. Similar to our analysis of loss contingency in the Ninth Circuit cases, this process has included attempting to evaluate what facts may arise in the course of discovery and what legal rulings the courts may render and how these facts and rulings might impact FedEx Ground's loss. As a consequence of many of the same factors described above, as well as others that are specific to these cases, we are not currently able to estimate a range of reasonably possible loss. We do not believe that a material loss is probable in these matters.
	In addition, we are defending contractor-model cases that are not or are no longer part of the multidistrict litigation. These cases are in varying stages of litigation, and we do not expect to incur a material loss in any of these matters.
	Adverse determinations in matters related to FedEx Ground's independent contractors, could, among other things, entitle certain of our owner-operators and their drivers to the reimbursement of certain expenses and to the benefit of wage-and-hour laws and result in employment and withholding tax and benefit liability for FedEx Ground, and could result in changes to the independent contractor status of FedEx Ground's owner-operators in certain jurisdictions. We believe that FedEx Ground's owner-operators are properly classified as independent contractors and that FedEx Ground is not an employer of the drivers of the company's independent contractors.
	City and State of New York Cigarette Suit. On December 30, 2013, the City of New York filed suit against FedEx Express and FedEx Ground arising from our alleged shipments of cigarettes to New York City residents. The claims against FedEx Express were subsequently dismissed. On March 30, 2014, the complaint was amended adding the State of New York as a plaintiff. Beyond the addition of the State as a plaintiff, the amended complaint contains several amplifications of the previous claims. First, the claims now relate to four shippers, none of which continues to ship in our network. Second, the amended complaint contains a count for violation of the Assurance of Compliance (“AOC”) we had previously entered into with the State of New York, claiming that since 2006, FedEx has made shipments of cigarettes to residences in New York in violation of the AOC. Lastly, the amendment contains new theories of Racketeer Influenced and Corrupt Organizations Act violations. In May 2014, we filed a motion to dismiss almost all of the claims. On November 12, 2014 the City and State of New York filed a separate but almost identical lawsuit that includes two additional shippers. Loss in these lawsuits is reasonably possible, but the amount of any loss is expected to be immaterial.
	Environmental Matters. 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.
	In February 2014, FedEx Ground received oral communications from District Attorneys' Offices (representing California's county environmental authorities) and the California Attorney General's Office (representing the California Division of Toxic Substances Control) that they were seeking civil penalties for alleged violations of the state's hazardous waste regulations. Specifically, the California environmental authorities alleged that FedEx Ground improperly generates and/or handles, stores and transports hazardous waste from its stations to its hubs in California. In April 2014, FedEx Ground filed a declaratory judgment action in the United States District Court for the Eastern District of California against the Director of the California Division of Toxic Substances Control and the county District Attorneys with whom we have been negotiating. In June 2014, the California Attorney General filed a complaint against FedEx Ground in Sacramento County Superior Court alleging violations of FedEx Ground as described above. The County District Attorneys filed a similar complaint in Sacramento County Superior Court in July 2014. Loss in this matter is reasonably possible, however, the amount of any loss is expected to be immaterial.
	On January 14, 2014, the U.S. Department of Justice (“DOJ”) issued a Grand Jury Subpoena to FedEx Express relating to an asbestos matter previously investigated by the U.S. Environmental Protection Agency. On May 1, 2014, the DOJ informed us that it had determined to continue to pursue the matter as a criminal case, citing seven asbestos-related regulatory violations associated with removal of roof materials from a hangar in Puerto Rico during cleaning and repair activity, as well as violation of waste disposal requirements. Loss is reasonably possible; however, the amount of any loss is expected to be immaterial.
	Department of Justice Indictment – Internet Pharmacy Shipments. In the past, we received requests for information from the DOJ in the Northern District of California in connection with a criminal investigation relating to the transportation of packages for online pharmacies that may have shipped pharmaceuticals in violation of federal law. In July 2014, the DOJ filed a criminal indictment in the United States District Court for the Northern District of California in connection with the matter. A superseding indictment was filed in August 2014. The indictment alleges that FedEx Corporation, FedEx Express and FedEx Services, together with certain pharmacies, conspired to unlawfully distribute controlled substances, unlawfully distributed controlled substances and conspired to unlawfully distribute misbranded drugs. The superseding indictment adds conspiracy to launder money counts related to services provided to and payments from online pharmacies. We continue to believe that our employees have acted in good faith at all times and that we have not engaged in any illegal activities.
	Accordingly, we will vigorously defend ourselves in this matter. If we are convicted, remedies could include fines, penalties, forfeiture and compliance conditions. Given the early stage of this proceeding, we cannot estimate the amount or range of loss, if any; however, it is reasonably possible that it could be material if we are convicted.
	Other Matters. In August 2010, a third-party consultant who works with shipping customers to negotiate lower rates filed a lawsuit in federal district court in California against FedEx and United Parcel Service, Inc. (“UPS”) alleging violations of U.S. antitrust law. This matter was dismissed in May 2011, but the court granted the plaintiff permission to file an amended complaint, which FedEx received in June 2011. In November 2011, the court granted our motion to dismiss this complaint, but again allowed the plaintiff to file an amended complaint. The plaintiff filed a new complaint in December 2011, and the matter remains pending before the court. In February 2011, shortly after the initial lawsuit was filed, we received a demand for the production of information and documents in connection with a civil investigation by the DOJ into the policies and practices of FedEx and UPS for dealing with third-party consultants who work with shipping customers to negotiate lower rates. In November 2012, the DOJ served a civil investigative demand on the third-party consultant seeking all pleadings, depositions and documents produced in the lawsuit. We are cooperating with the investigation, do not believe that we have engaged in any anti-competitive activities and will vigorously defend ourselves in any action that may result from the investigation. While the litigation proceedings and the DOJ investigation move forward, and the amount of loss, if any, is dependent on a number of factors that are not yet fully developed or resolved, the amount of any loss is expected to be immaterial.
	On June 30, 2014, we received a Statement of Objections from the French Competition Authority (“FCA”) addressed to FedEx Express France, formerly known as TATEX, regarding an investigation by the FCA into anticompetitive behavior that is alleged to have occurred primarily in the framework of trade association meetings that included the former general managers of TATEX prior to our acquisition of that company in July 2012. In September 2014, FedEx Express France submitted its observations in response to the Statement of Objections to the FCA. Given the early stage of this matter, we cannot yet determine the amount or range of potential loss; however, it is reasonably possible that it could be material.
	FedEx and its subsidiaries are subject to other legal proceedings that arise in the ordinary course of their business. 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.

Supplemental_Cash_Flow_Informa

Supplemental Cash Flow Information	6 Months Ended
	Nov. 30, 2014
Supplemental Cash Flow Information [Abstract]
Supplemental Cash Flow Information	(9) Supplemental Cash Flow Information
	Cash paid for interest expense and income taxes for the six-month periods ended November 30 was as follows (in millions):
			2014		2013
	Cash payments for:
		Interest (net of capitalized interest)	$	103	$	64
		Income taxes	$	760	$	626
		Income tax refunds received		-5		-36
		Cash tax payments, net	$	755	$	590

Condensed_Consolidating_Financ

Condensed Consolidating Financial Statements	6 Months Ended
	Nov. 30, 2014
Condensed Consolidating Financial Statements [Abstract]
Condensed Consolidating Financial Statements	(10) Condensed Consolidating Financial Statements
	We are required to present condensed consolidating financial information in order for the subsidiary guarantors (other than FedEx Express) of our public debt to continue to be exempt from reporting under the Securities Exchange Act of 1934, as amended.
	The guarantor subsidiaries, which are 100% owned by FedEx, guarantee $4.5 billion of our debt. The guarantees are full and unconditional and joint and several. Our guarantor subsidiaries were not determined using geographic, service line or other similar criteria, and as a result, the "Guarantor Subsidiaries" and "Non-guarantor Subsidiaries" columns each include portions of our domestic and international operations. Accordingly, this basis of presentation is not intended to present our financial condition, results of operations or cash flows for any purpose other than to comply with the specific requirements for subsidiary guarantor reporting.
	Condensed consolidating financial statements for our guarantor subsidiaries and non-guarantor subsidiaries are presented in the following tables (in millions):
	CONDENSED CONSOLIDATING BALANCE SHEETS
	(UNAUDITED)
	30-Nov-14
							Guarantor		Non-guarantor
					Parent		Subsidiaries		Subsidiaries			Eliminations		Consolidated
	ASSETS
	CURRENT ASSETS
		Cash and cash equivalents			$	1,048	$	482	$	869	$		-133	$	2,266
		Receivables, less allowances				1		4,453		1,189			-51		5,592
		Spare parts, supplies, fuel, prepaid expenses
			and other, less allowances			76		719		62			-		857
		Deferred income taxes				-		474		23			-		497
				Total current assets		1,125		6,128		2,143			-184		9,212
	PROPERTY AND EQUIPMENT, AT COST					28		39,258		2,330			-		41,616
		Less accumulated depreciation and amortization				22		20,458		1,243			-		21,723
				Net property and equipment		6		18,800		1,087			-		19,893
	INTERCOMPANY RECEIVABLE					-		1,172		1,526			-2,698		-
	GOODWILL					-		1,552		1,182			-		2,734
	INVESTMENT IN SUBSIDIARIES					21,850		3,747		-			-25,597		-
	OTHER ASSETS					2,051		862		237			-2,005		1,145
					$	25,032	$	32,261	$	6,175		$	-30,484	$	32,984
	LIABILITIES AND STOCKHOLDERS' INVESTMENT
	CURRENT LIABILITIES
		Accrued salaries and employee benefits			$	33	$	1,011	$	175		$	-	$	1,219
		Accounts payable				60		1,403		689			-184		1,968
		Accrued expenses				374		1,404		208			-		1,986
			Total current liabilities			467		3,818		1,072			-184		5,173
	LONG-TERM DEBT, LESS CURRENT PORTION					4,487		248		-			-		4,735
	INTERCOMPANY PAYABLE					2,698		-		-			-2,698		-
	OTHER LONG-TERM LIABILITIES
		Deferred income taxes				-		4,021		88			-2,005		2,104
		Other liabilities				1,817		3,344		248			-		5,409
			Total other long-term liabilities			1,817		7,365		336			-2,005		7,513
	STOCKHOLDERS' INVESTMENT					15,563		20,830		4,767			-25,597		15,563
					$	25,032	$	32,261	$	6,175		$	-30,484	$	32,984
	CONDENSED CONSOLIDATING BALANCE SHEETS
	31-May-14
							Guarantor		Non-guarantor
					Parent		Subsidiaries		Subsidiaries			Eliminations		Consolidated
	ASSETS
	CURRENT ASSETS
		Cash and cash equivalents			$	1,756	$	441	$	861		$	-150	$	2,908
		Receivables, less allowances				2		4,338		1,151			-31		5,460
		Spare parts, supplies, fuel, prepaid expenses
			and other, less allowances			59		674		60			-		793
		Deferred income taxes				-		501		21			-		522
				Total current assets		1,817		5,954		2,093			-181		9,683
	PROPERTY AND EQUIPMENT, AT COST					28		38,303		2,360			-		40,691
		Less accumulated depreciation and amortization				22		19,899		1,220			-		21,141
				Net property and equipment		6		18,404		1,140			-		19,550
	INTERCOMPANY RECEIVABLE					-		1,058		1,265			-2,323		-
	GOODWILL					-		1,552		1,238			-		2,790
	INVESTMENT IN SUBSIDIARIES					20,785		3,754		-			-24,539		-
	OTHER ASSETS					2,088		747		250			-2,038		1,047
					$	24,696	$	31,469	$	5,986		$	-29,081	$	33,070
	LIABILITIES AND STOCKHOLDERS' INVESTMENT
	CURRENT LIABILITIES
		Current portion of long-term debt			$	-	$	1	$	-		$	-	$	1
		Accrued salaries and employee benefits				55		1,042		180			-		1,277
		Accounts payable				2		1,530		620			-181		1,971
	Accrued expenses				405		1,444		214			-		2,063
		Total current liabilities			462		4,017		1,014			-181		5,312
LONG-TERM DEBT, LESS CURRENT PORTION					4,487		249		-			-		4,736
INTERCOMPANY PAYABLE					2,323		-		-			-2,323		-
OTHER LONG-TERM LIABILITIES
	Deferred income taxes				-		4,059		93			-2,038		2,114
	Other liabilities				2,147		3,230		254			-		5,631
		Total other long-term liabilities			2,147		7,289		347			-2,038		7,745
STOCKHOLDERS' INVESTMENT					15,277		19,914		4,625			-24,539		15,277
				$	24,696	$	31,469	$	5,986		$	-29,081	$	33,070
CONDENSED CONSOLIDATING STATEMENTS OF COMPREHENSIVE INCOME
(UNAUDITED)
Three Months Ended November 30, 2014
						Guarantor		Non-guarantor
				Parent		Subsidiaries		Subsidiaries			Eliminations		Consolidated
REVENUES				$	-	$	9,926	$	2,108		$	-95	$	11,939
OPERATING EXPENSES:
	Salaries and employee benefits				23		3,729		552			-		4,304
	Purchased transportation				-		1,468		764			-47		2,185
	Rentals and landing fees				2		577		86			-2		663
	Depreciation and amortization				1		595		55			-		651
	Fuel				-		1,028		24			-		1,052
	Maintenance and repairs				-		507		36			-		543
	Intercompany charges, net				-48		-50		98			-		-
	Other				22		1,239		313			-46		1,528
					-		9,093		1,928			-95		10,926
OPERATING INCOME					-		833		180			-		1,013
OTHER INCOME (EXPENSE):
	Equity in earnings of subsidiaries				616		103		-			-719		-
	Interest, net				-53		5		1			-		-47
	Intercompany charges, net				54		-59		5			-		-
	Other, net				-1		2		4			-		5
INCOME BEFORE INCOME TAXES					616		884		190			-719		971
	Provision for income taxes				-		319		36			-		355
NET INCOME				$	616	$	565	$	154		$	-719	$	616
COMPREHENSIVE INCOME				$	642	$	543	$	57			-719	$	523
CONDENSED CONSOLIDATING STATEMENTS OF COMPREHENSIVE INCOME
(UNAUDITED)
Three Months Ended November 30, 2013
						Guarantor		Non-guarantor
				Parent		Subsidiaries		Subsidiaries			Eliminations		Consolidated
REVENUES				$	-	$	9,447	$	2,042		$	-86	$	11,403
OPERATING EXPENSES:
	Salaries and employee benefits				24		3,568		556			-		4,148
	Purchased transportation				-		1,340		739			-39		2,040
	Rentals and landing fees				2		563		85			-2		648
	Depreciation and amortization				1		595		51			-		647
	Fuel				-		1,111		25			-		1,136
	Maintenance and repairs				-		447		32			-		479
	Intercompany charges, net				-50		-24		74			-		-
	Other				23		1,192		308			-45		1,478
					-		8,792		1,870			-86		10,576
OPERATING INCOME					-		655		172			-		827
OTHER INCOME (EXPENSE):
	Equity in earnings of subsidiaries				500		133		-			-633		-
	Interest, net				-35		5		-			-		-30
	Intercompany charges, net				36		-41		5			-		-
	Other, net				-1		-3		-1			-		-5
INCOME BEFORE INCOME TAXES					500		749		176			-633		792
	Provision for income taxes				-		251		41			-		292
NET INCOME				$	500	$	498	$	135		$	-633	$	500
COMPREHENSIVE INCOME				$	540	$	506	$	175		$	-633	$	588
CONDENSED CONSOLIDATING STATEMENTS OF COMPREHENSIVE INCOME
(UNAUDITED)
Six Months Ended November 30, 2014
						Guarantor		Non-guarantor
				Parent		Subsidiaries		Subsidiaries			Eliminations		Consolidated
REVENUES				$	-	$	19,695	$	4,112		$	-184	$	23,623
OPERATING EXPENSES:
	Salaries and employee benefits				53		7,335		1,105			-		8,493
	Purchased transportation				-		2,854		1,475			-90		4,239
	Rentals and landing fees				3		1,149		174			-3		1,323
	Depreciation and amortization				1		1,190		111			-		1,302
	Fuel				-		2,123		49			-		2,172
	Maintenance and repairs				-		1,029		70			-		1,099
	Intercompany charges, net				-143		-48		191			-		-
	Other				86		2,404		596			-91		2,995
					-		18,036		3,771			-184		21,623
OPERATING INCOME					-		1,659		341			-		2,000
OTHER INCOME (EXPENSE):
	Equity in earnings of subsidiaries				1,222		201		-			-1,423		-
	Interest, net				-106		9		2			-		-95
	Intercompany charges, net				108		-118		10			-		-
	Other, net				-2		-1		6			-		3
INCOME BEFORE INCOME TAXES					1,222		1,750		359			-1,423		1,908
	Provision for income taxes				-		588		98			-		686
NET INCOME				$	1,222	$	1,162	$	261		$	-1,423	$	1,222
COMPREHENSIVE INCOME				$	1,276	$	1,137	$	139		$	-1,423	$	1,129
CONDENSED CONSOLIDATING STATEMENTS OF COMPREHENSIVE INCOME
(UNAUDITED)
Six Months Ended November 30, 2013
						Guarantor		Non-guarantor
				Parent		Subsidiaries		Subsidiaries			Eliminations		Consolidated
REVENUES				$	-	$	18,675	$	3,920		$	-168	$	22,427
OPERATING EXPENSES:
	Salaries and employee benefits				55		7,082		1,088			-		8,225
	Purchased transportation				-		2,582		1,412			-75		3,919
	Rentals and landing fees				3		1,121		167			-3		1,288
	Depreciation and amortization				1		1,184		101			-		1,286
	Fuel				-		2,192		48			-		2,240
	Maintenance and repairs				-		896		63			-		959
	Intercompany charges, net				-111		-30		141			-		-
	Other				52		2,325		601			-90		2,888
					-		17,352		3,621			-168		20,805
OPERATING INCOME					-		1,323		299			-		1,622
OTHER INCOME (EXPENSE):
	Equity in earnings of subsidiaries				989		243		-			-1,232		-
	Interest, net				-69		10		2			-		-57
	Intercompany charges, net				71		-82		11			-		-
	Other, net				-2		-5		-			-		-7
INCOME BEFORE INCOME TAXES					989		1,489		312			-1,232		1,558
	Provision for income taxes				-		483		86			-		569
NET INCOME				$	989	$	1,006	$	226		$	-1,232	$	989
COMPREHENSIVE INCOME				$	1,068	$	1,013	$	191		$	-1,232	$	1,040
CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS
(UNAUDITED)
Six Months Ended November 30, 2014
						Guarantor		Non-guarantor
				Parent		Subsidiaries		Subsidiaries			Eliminations		Consolidated
CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES				$	-458	$	2,335	$	257		$	17	$	2,151
INVESTING ACTIVITIES
	Capital expenditures				-1		-1,809		-80			-		-1,890
	Proceeds from asset dispositions and other				-1		17		-9			-		7
CASH USED IN INVESTING ACTIVITIES					-2		-1,792		-89			-		-1,883
FINANCING ACTIVITIES
	Net transfers from (to) Parent				601		-610		9			-		-
	Payment on loan between subsidiaries				-		143		-143			-		-
	Intercompany dividends				-		22		-22			-		-
	Principal payments on debt				-		-1		-			-		-1
	Proceeds from stock issuances				189		-		-			-		189
	Excess tax benefit on the exercise of stock options				23		-		-			-		23
	Dividends paid				-114		-		-			-		-114
	Purchase of treasury stock				-947		-		-			-		-947
	Other, net				-		-39		39			-		-
CASH USED IN FINANCING ACTIVITIES					-248		-485		-117			-		-850
Effect of exchange rate changes on cash					-		-17		-43			-		-60
Net (decrease) increase in cash and cash equivalents					-708		41		8			17		-642
Cash and cash equivalents at beginning of period					1,756		441		861			-150		2,908
Cash and cash equivalents at end of period				$	1,048	$	482	$	869		$	-133	$	2,266
CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS
(UNAUDITED)
Six Months Ended November 30, 2013
						Guarantor		Non-guarantor
				Parent		Subsidiaries		Subsidiaries			Eliminations		Consolidated
CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES				$	-139	$	1,545	$	246		$	-43	$	1,609
INVESTING ACTIVITIES
	Capital expenditures				-		-1,521		-169			-		-1,690
	Proceeds from asset dispositions and other				-		19		-			-		19
CASH USED IN INVESTING ACTIVITIES					-		-1,502		-169			-		-1,671
FINANCING ACTIVITIES
	Net transfers from (to) Parent				-31		64		-33			-		-
	Payment on loan between subsidiaries				-		-33		33			-		-
	Intercompany dividends				-		22		-22			-		-
	Principal payments on debt				-		-3		-			-		-3
	Proceeds from stock issuances				380		-		-			-		380
	Excess tax benefit on the exercise of stock options				20		-		-			-		20
	Dividends paid				-95		-		-			-		-95
	Purchase of treasury stock				-1,219		-		-			-		-1,219
CASH (USED IN) PROVIDED BY FINANCING ACTIVITIES					-945		50		-22			-		-917
Effect of exchange rate changes on cash					-		-6		3			-		-3
Net (decrease) increase in cash and cash equivalents					-1,084		87		58			-43		-982
Cash and cash equivalents at beginning of period					3,892		405		717			-97		4,917
Cash and cash equivalents at end of period				$	2,808	$	492	$	775		$	-140	$	3,935

General_Policies

General (Policies)	6 Months Ended
	Nov. 30, 2014
General (Policies) [Abstract]
Summary of Significant Accounting Policies	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES. These interim financial statements of FedEx Corporation (“FedEx”) have been prepared in accordance with accounting principles generally accepted in the United States and Securities and Exchange Commission (“SEC”) instructions for interim financial information, and should be read in conjunction with our Annual Report on Form 10-K for the year ended May 31, 2014 (“Annual Report”). Accordingly, significant accounting policies and other disclosures normally provided have been omitted since such items are disclosed in our Annual Report.
	In the opinion of management, the accompanying unaudited condensed consolidated financial statements reflect all adjustments (including normal recurring adjustments) necessary to present fairly our financial position as of November 30, 2014, the results of our operations for the three- and six-month periods ended November 30, 2014 and 2013 and cash flows for the six-month periods ended November 30, 2014 and 2013. Operating results for the three- and six-month periods ended November 30, 2014 are not necessarily indicative of the results that may be expected for the year ending May 31, 2015.
	Except as otherwise specified, references to years indicate our fiscal year ending May 31, 2015 or ended May 31 of the year referenced and comparisons are to the corresponding period of the prior year.

Accumulated_Other_Comprehensiv1

Accumulated Other Comprehensive Income (Loss) (Tables)	6 Months Ended
	Nov. 30, 2014
Accumulated Other Comprehensive Income (Loss) (Tables) [Abstract]
Schedule Of Accumulated Other Comprehensive Income (Loss)				Three Months Ended						Six Months Ended
				2014			2013			2014				2013
	Foreign currency translation gain (loss):
		Balance at beginning of period		$	46		$	23		$	77			$	102
		Translation adjustments			-122			45			-153				-34
		Balance at end of period			-76			68			-76				68
	Retirement plans adjustments:
		Balance at beginning of period			-3,740			-3,880			-3,771				-3,922
		Reclassifications from AOCI			29			43			60				85
		Balance at end of period			-3,711			-3,837			-3,711				-3,837
	Accumulated other comprehensive loss at
		end of period		$	-3,787		$	-3,769		$	-3,787			$	-3,769
Reclassification Out Of Accumulated Other Comprehensive Income (Loss)				Amount Reclassified from												Affected Line Item in the
				AOCI												Income Statement
				Three Months Ended					Six Months Ended
				2014		2013			2014			2013
	Retirement plans:
		Amortization of
			actuarial losses and other	$	-75	$	-97		$	-153		$	-192			Salaries and employee benefits
		Amortization of prior
			service credits		29		29			58			57			Salaries and employee benefits
	Total before tax				-46		-68			-95			-135
		Income tax benefit			17		25			35			50			Provision for income taxes
	AOCI reclassifications,
		net of tax		$	-29	$	-43		$	-60		$	-85			Net income

Computation_of_Earnings_Per_Sh1

Computation of Earnings Per Share (Tables)	6 Months Ended
	Nov. 30, 2014
Computation Of Earnings Per Share (Tables) [Abstract]
Schedule of basic and diluted earnings per common share		Three Months Ended				Six Months Ended
		2014		2013		2014		2013
	Basic earnings per common share:
	Net earnings allocable to common shares(1)	$	615	$	499	$	1,220	$	988
	Weighted-average common shares		283		315		284		316
	Basic earnings per common share	$	2.17	$	1.58	$	4.3	$	3.13
	Diluted earnings per common share:
	Net earnings allocable to common shares(1)	$	615	$	499	$	1,220	$	988
	Weighted-average common shares		283		315		284		316
	Dilutive effect of share-based awards		4		4		4		3
	Weighted-average diluted shares		287		319		288		319
	Diluted earnings per common share	$	2.14	$	1.57	$	4.24	$	3.1
	Anti-dilutive options excluded from diluted
	earnings per common share		2.2		2.5		2.2		6.2
	(1) Net earnings available to participating securities were immaterial in all periods presented.

Retirement_Plans_Tables

Retirement Plans (Tables)	6 Months Ended
	Nov. 30, 2014
Retirement Plan (Tables) [Abstract]
Schedule of Retirement Plan Costs			Three Months Ended				Six Months Ended
			2014		2013		2014		2013
	U.S. domestic and international pension plans		$	65	$	121	$	133	$	242
	U.S. domestic and international defined contribution
		plans		94		88		188		177
	U.S. domestic and international postretirement
		healthcare plans		20		19		40		39
			$	179	$	228	$	361	$	458
Schedule of Net Periodic Benefit Cost			Three Months Ended				Six Months Ended
	Pension Plans		2014		2013		2014		2013
		Service cost	$	164	$	164	$	328	$	328
		Interest cost		275		263		550		526
		Expected return on plan assets		-420		-374		-840		-747
		Recognized actuarial losses and other		46		68		95		135
			$	65	$	121	$	133	$	242
			Three Months Ended				Six Months Ended
	Postretirement Healthcare Plans		2014		2013		2014		2013
		Service cost	$	10	$	9	$	20	$	19
		Interest cost		10		10		20		20
			$	20	$	19	$	40	$	39
Schedule of Pension Plans Contributions			2014		2013
	Required		$	247	$	315
	Voluntary			83		15
			$	330	$	330

Business_Segment_Information_T

Business Segment Information (Tables)	6 Months Ended
	Nov. 30, 2014
Business Segment Information (Tables) [Abstract]
Schedule of Segment Information			Three Months Ended				Six Months Ended
			2014		2013		2014		2013
	Revenues
		FedEx Express segment	$	7,024	$	6,844	$	13,886	$	13,449
		FedEx Ground segment		3,063		2,849		6,023		5,579
		FedEx Freight segment		1,585		1,434		3,194		2,858
		FedEx Services segment		394		391		768		766
		Eliminations and other		-127		-115		-248		-225
			$	11,939	$	11,403	$	23,623	$	22,427
	Operating Income
		FedEx Express segment (1)	$	484	$	357	$	853	$	630
		FedEx Ground segment(1)		465		439		1,010		922
		FedEx Freight segment (1)		112		83		280		182
		Corporate, eliminations and other(1)		-48		-52		-143		-112
			$	1,013	$	827	$	2,000	$	1,622
	(1)	Prior year amounts have been revised to conform to the current year segment presentation regarding the allocation of corporate headquarters costs.

Commitments_Tables

Commitments (Tables)	6 Months Ended
	Nov. 30, 2014
Commitments (Tables) [Abstract]
Schedule of Purchase Commitments			Aircraft and
			Aircraft-Related			Other(1)			Total
	2015 (remainder)		$	709		$	452		$	1,161
	2016			1,230			329			1,559
	2017			1,033			175			1,208
	2018			1,402			101			1,503
	2019			1,022			58			1,080
	Thereafter			4,472			101			4,573
	Total		$	9,868		$	1,216		$	11,084
	(1)	Primarily equipment, advertising contracts and contributions to our U.S. Pension Plans, which are further described in Note 5.
Schedule of Aircraft Purchase Commitments			B757		B767F		B777F		Total
	2015 (remainder)		1		8		-		9
	2016		-		11		2		13
	2017		-		12		-		12
	2018		-		11		2		13
	2019		-		6		2		8
	Thereafter		-		-		12		12
	Total		1		48		18		67
Schedule of Future Minimum Lease Payments, Operating Leases				Operating Leases
				Aircraft						Total
				and Related			Facilities			Operating
				Equipment			and Other			Leases
	2015 (remainder)			$	391		$	791		$	1,182
	2016				461			1,561			2,022
	2017				399			1,684			2,083
	2018				329			1,264			1,593
	2019				273			1,091			1,364
	Thereafter				551			7,097			7,648
	Total			$	2,404		$	13,488		$	15,892

Supplemental_Cash_Flow_Informa1

Supplemental Cash Flow Information (Tables)	6 Months Ended
	Nov. 30, 2014
Supplemental Cash Flow (Tables) [Abstract]
Supplemental Cash Flow Table			2014		2013
	Cash payments for:
		Interest (net of capitalized interest)	$	103	$	64
		Income taxes	$	760	$	626
		Income tax refunds received		-5		-36
		Cash tax payments, net	$	755	$	590

Condensed_Consolidating_Financ1

Condensed Consolidating Financial Statements (Tables)	6 Months Ended
	Nov. 30, 2014
Condensed Consolidating Financial Statements (Tables) [Abstract]
Condensed Consolidating Balance Sheets	CONDENSED CONSOLIDATING BALANCE SHEETS
	(UNAUDITED)
	30-Nov-14
							Guarantor		Non-guarantor
					Parent		Subsidiaries		Subsidiaries			Eliminations		Consolidated
	ASSETS
	CURRENT ASSETS
		Cash and cash equivalents			$	1,048	$	482	$	869	$		-133	$	2,266
		Receivables, less allowances				1		4,453		1,189			-51		5,592
		Spare parts, supplies, fuel, prepaid expenses
			and other, less allowances			76		719		62			-		857
		Deferred income taxes				-		474		23			-		497
				Total current assets		1,125		6,128		2,143			-184		9,212
	PROPERTY AND EQUIPMENT, AT COST					28		39,258		2,330			-		41,616
		Less accumulated depreciation and amortization				22		20,458		1,243			-		21,723
				Net property and equipment		6		18,800		1,087			-		19,893
	INTERCOMPANY RECEIVABLE					-		1,172		1,526			-2,698		-
	GOODWILL					-		1,552		1,182			-		2,734
	INVESTMENT IN SUBSIDIARIES					21,850		3,747		-			-25,597		-
	OTHER ASSETS					2,051		862		237			-2,005		1,145
					$	25,032	$	32,261	$	6,175		$	-30,484	$	32,984
	LIABILITIES AND STOCKHOLDERS' INVESTMENT
	CURRENT LIABILITIES
		Accrued salaries and employee benefits			$	33	$	1,011	$	175		$	-	$	1,219
		Accounts payable				60		1,403		689			-184		1,968
		Accrued expenses				374		1,404		208			-		1,986
			Total current liabilities			467		3,818		1,072			-184		5,173
	LONG-TERM DEBT, LESS CURRENT PORTION					4,487		248		-			-		4,735
	INTERCOMPANY PAYABLE					2,698		-		-			-2,698		-
	OTHER LONG-TERM LIABILITIES
		Deferred income taxes				-		4,021		88			-2,005		2,104
		Other liabilities				1,817		3,344		248			-		5,409
			Total other long-term liabilities			1,817		7,365		336			-2,005		7,513
	STOCKHOLDERS' INVESTMENT					15,563		20,830		4,767			-25,597		15,563
					$	25,032	$	32,261	$	6,175		$	-30,484	$	32,984
	CONDENSED CONSOLIDATING BALANCE SHEETS
	31-May-14
							Guarantor		Non-guarantor
					Parent		Subsidiaries		Subsidiaries			Eliminations		Consolidated
	ASSETS
	CURRENT ASSETS
		Cash and cash equivalents			$	1,756	$	441	$	861		$	-150	$	2,908
		Receivables, less allowances				2		4,338		1,151			-31		5,460
		Spare parts, supplies, fuel, prepaid expenses
			and other, less allowances			59		674		60			-		793
		Deferred income taxes				-		501		21			-		522
				Total current assets		1,817		5,954		2,093			-181		9,683
	PROPERTY AND EQUIPMENT, AT COST					28		38,303		2,360			-		40,691
		Less accumulated depreciation and amortization				22		19,899		1,220			-		21,141
				Net property and equipment		6		18,404		1,140			-		19,550
	INTERCOMPANY RECEIVABLE					-		1,058		1,265			-2,323		-
	GOODWILL					-		1,552		1,238			-		2,790
	INVESTMENT IN SUBSIDIARIES					20,785		3,754		-			-24,539		-
	OTHER ASSETS					2,088		747		250			-2,038		1,047
					$	24,696	$	31,469	$	5,986		$	-29,081	$	33,070
	LIABILITIES AND STOCKHOLDERS' INVESTMENT
	CURRENT LIABILITIES
		Current portion of long-term debt			$	-	$	1	$	-		$	-	$	1
		Accrued salaries and employee benefits				55		1,042		180			-		1,277
		Accounts payable				2		1,530		620			-181		1,971
		Accrued expenses				405		1,444		214			-		2,063
			Total current liabilities			462		4,017		1,014			-181		5,312
	LONG-TERM DEBT, LESS CURRENT PORTION					4,487		249		-			-		4,736
	INTERCOMPANY PAYABLE					2,323		-		-			-2,323		-
OTHER LONG-TERM LIABILITIES
	Deferred income taxes				-		4,059		93			-2,038		2,114
	Other liabilities				2,147		3,230		254			-		5,631
		Total other long-term liabilities			2,147		7,289		347			-2,038		7,745
STOCKHOLDERS' INVESTMENT					15,277		19,914		4,625			-24,539		15,277
				$	24,696	$	31,469	$	5,986		$	-29,081	$	33,070
Condensed Consolidating Statements of Comprehensive Income	CONDENSED CONSOLIDATING STATEMENTS OF COMPREHENSIVE INCOME
	(UNAUDITED)
	Three Months Ended November 30, 2014
							Guarantor		Non-guarantor
					Parent		Subsidiaries		Subsidiaries			Eliminations		Consolidated
	REVENUES				$	-	$	9,926	$	2,108		$	-95	$	11,939
	OPERATING EXPENSES:
		Salaries and employee benefits				23		3,729		552			-		4,304
		Purchased transportation				-		1,468		764			-47		2,185
		Rentals and landing fees				2		577		86			-2		663
		Depreciation and amortization				1		595		55			-		651
		Fuel				-		1,028		24			-		1,052
		Maintenance and repairs				-		507		36			-		543
		Intercompany charges, net				-48		-50		98			-		-
		Other				22		1,239		313			-46		1,528
						-		9,093		1,928			-95		10,926
	OPERATING INCOME					-		833		180			-		1,013
	OTHER INCOME (EXPENSE):
		Equity in earnings of subsidiaries				616		103		-			-719		-
		Interest, net				-53		5		1			-		-47
		Intercompany charges, net				54		-59		5			-		-
		Other, net				-1		2		4			-		5
	INCOME BEFORE INCOME TAXES					616		884		190			-719		971
		Provision for income taxes				-		319		36			-		355
	NET INCOME				$	616	$	565	$	154		$	-719	$	616
	COMPREHENSIVE INCOME				$	642	$	543	$	57			-719	$	523
	CONDENSED CONSOLIDATING STATEMENTS OF COMPREHENSIVE INCOME
	(UNAUDITED)
	Three Months Ended November 30, 2013
							Guarantor		Non-guarantor
					Parent		Subsidiaries		Subsidiaries			Eliminations		Consolidated
	REVENUES				$	-	$	9,447	$	2,042		$	-86	$	11,403
	OPERATING EXPENSES:
		Salaries and employee benefits				24		3,568		556			-		4,148
		Purchased transportation				-		1,340		739			-39		2,040
		Rentals and landing fees				2		563		85			-2		648
		Depreciation and amortization				1		595		51			-		647
		Fuel				-		1,111		25			-		1,136
		Maintenance and repairs				-		447		32			-		479
		Intercompany charges, net				-50		-24		74			-		-
		Other				23		1,192		308			-45		1,478
						-		8,792		1,870			-86		10,576
	OPERATING INCOME					-		655		172			-		827
	OTHER INCOME (EXPENSE):
		Equity in earnings of subsidiaries				500		133		-			-633		-
		Interest, net				-35		5		-			-		-30
		Intercompany charges, net				36		-41		5			-		-
		Other, net				-1		-3		-1			-		-5
	INCOME BEFORE INCOME TAXES					500		749		176			-633		792
		Provision for income taxes				-		251		41			-		292
	NET INCOME				$	500	$	498	$	135		$	-633	$	500
	COMPREHENSIVE INCOME				$	540	$	506	$	175		$	-633	$	588
	CONDENSED CONSOLIDATING STATEMENTS OF COMPREHENSIVE INCOME
	(UNAUDITED)
	Six Months Ended November 30, 2014
							Guarantor		Non-guarantor
					Parent		Subsidiaries		Subsidiaries			Eliminations		Consolidated
	REVENUES				$	-	$	19,695	$	4,112		$	-184	$	23,623
	OPERATING EXPENSES:
		Salaries and employee benefits				53		7,335		1,105			-		8,493
		Purchased transportation				-		2,854		1,475			-90		4,239
		Rentals and landing fees				3		1,149		174			-3		1,323
		Depreciation and amortization				1		1,190		111			-		1,302
		Fuel				-		2,123		49			-		2,172
	Maintenance and repairs				-		1,029		70			-		1,099
	Intercompany charges, net				-143		-48		191			-		-
	Other				86		2,404		596			-91		2,995
					-		18,036		3,771			-184		21,623
OPERATING INCOME					-		1,659		341			-		2,000
OTHER INCOME (EXPENSE):
	Equity in earnings of subsidiaries				1,222		201		-			-1,423		-
	Interest, net				-106		9		2			-		-95
	Intercompany charges, net				108		-118		10			-		-
	Other, net				-2		-1		6			-		3
INCOME BEFORE INCOME TAXES					1,222		1,750		359			-1,423		1,908
	Provision for income taxes				-		588		98			-		686
NET INCOME				$	1,222	$	1,162	$	261		$	-1,423	$	1,222
COMPREHENSIVE INCOME				$	1,276	$	1,137	$	139		$	-1,423	$	1,129
CONDENSED CONSOLIDATING STATEMENTS OF COMPREHENSIVE INCOME
(UNAUDITED)
Six Months Ended November 30, 2013
						Guarantor		Non-guarantor
				Parent		Subsidiaries		Subsidiaries			Eliminations		Consolidated
REVENUES				$	-	$	18,675	$	3,920		$	-168	$	22,427
OPERATING EXPENSES:
	Salaries and employee benefits				55		7,082		1,088			-		8,225
	Purchased transportation				-		2,582		1,412			-75		3,919
	Rentals and landing fees				3		1,121		167			-3		1,288
	Depreciation and amortization				1		1,184		101			-		1,286
	Fuel				-		2,192		48			-		2,240
	Maintenance and repairs				-		896		63			-		959
	Intercompany charges, net				-111		-30		141			-		-
	Other				52		2,325		601			-90		2,888
					-		17,352		3,621			-168		20,805
OPERATING INCOME					-		1,323		299			-		1,622
OTHER INCOME (EXPENSE):
	Equity in earnings of subsidiaries				989		243		-			-1,232		-
	Interest, net				-69		10		2			-		-57
	Intercompany charges, net				71		-82		11			-		-
	Other, net				-2		-5		-			-		-7
INCOME BEFORE INCOME TAXES					989		1,489		312			-1,232		1,558
	Provision for income taxes				-		483		86			-		569
NET INCOME				$	989	$	1,006	$	226		$	-1,232	$	989
COMPREHENSIVE INCOME				$	1,068	$	1,013	$	191		$	-1,232	$	1,040
Condensed Consolidating Statements of Cash Flows	CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS
	(UNAUDITED)
	Six Months Ended November 30, 2014
							Guarantor		Non-guarantor
					Parent		Subsidiaries		Subsidiaries			Eliminations		Consolidated
	CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES				$	-458	$	2,335	$	257		$	17	$	2,151
	INVESTING ACTIVITIES
		Capital expenditures				-1		-1,809		-80			-		-1,890
		Proceeds from asset dispositions and other				-1		17		-9			-		7
	CASH USED IN INVESTING ACTIVITIES					-2		-1,792		-89			-		-1,883
	FINANCING ACTIVITIES
		Net transfers from (to) Parent				601		-610		9			-		-
		Payment on loan between subsidiaries				-		143		-143			-		-
		Intercompany dividends				-		22		-22			-		-
		Principal payments on debt				-		-1		-			-		-1
		Proceeds from stock issuances				189		-		-			-		189
		Excess tax benefit on the exercise of stock options				23		-		-			-		23
		Dividends paid				-114		-		-			-		-114
		Purchase of treasury stock				-947		-		-			-		-947
		Other, net				-		-39		39			-		-
	CASH USED IN FINANCING ACTIVITIES					-248		-485		-117			-		-850
	Effect of exchange rate changes on cash					-		-17		-43			-		-60
	Net (decrease) increase in cash and cash equivalents					-708		41		8			17		-642
	Cash and cash equivalents at beginning of period					1,756		441		861			-150		2,908
	Cash and cash equivalents at end of period				$	1,048	$	482	$	869		$	-133	$	2,266
	CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS
	(UNAUDITED)
	Six Months Ended November 30, 2013
							Guarantor		Non-guarantor
					Parent		Subsidiaries		Subsidiaries			Eliminations		Consolidated
	CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES				$	-139	$	1,545	$	246		$	-43	$	1,609
	INVESTING ACTIVITIES
		Capital expenditures				-		-1,521		-169			-		-1,690
		Proceeds from asset dispositions and other				-		19		-			-		19
	CASH USED IN INVESTING ACTIVITIES					-		-1,502		-169			-		-1,671
	FINANCING ACTIVITIES
		Net transfers from (to) Parent				-31		64		-33			-		-
		Payment on loan between subsidiaries				-		-33		33			-		-
		Intercompany dividends				-		22		-22			-		-
		Principal payments on debt				-		-3		-			-		-3
		Proceeds from stock issuances				380		-		-			-		380
		Excess tax benefit on the exercise of stock options				20		-		-			-		20
		Dividends paid				-95		-		-			-		-95
		Purchase of treasury stock				-1,219		-		-			-		-1,219
	CASH (USED IN) PROVIDED BY FINANCING ACTIVITIES					-945		50		-22			-		-917
	Effect of exchange rate changes on cash					-		-6		3			-		-3
	Net (decrease) increase in cash and cash equivalents					-1,084		87		58			-43		-982
	Cash and cash equivalents at beginning of period					3,892		405		717			-97		4,917
	Cash and cash equivalents at end of period				$	2,808	$	492	$	775		$	-140	$	3,935

General_Details

General (Details) (USD $)	3 Months Ended		6 Months Ended
In Millions, except Share data, unless otherwise specified	Nov. 30, 2014	Nov. 30, 2013	Nov. 30, 2014	Nov. 30, 2013
General Details [Abstract]
Dividends Payable, Date Declared	21-Nov-14
Dividends Payable Amount Per Share	$0.20		$0.20
Dividends Payable, Date To Be Paid	2-Jan-15
Dividends Payable, Date Of Record	12-Dec-14
Stock Based Compensation Details [Abstract]
Stock-based compensation	$31	$26	$79	$71
Treasury Shares [Abstract]
Number Of Shares Repurchased	1,000,000		1,000,000
Treasury Stock Acquired, Average Cost Per Share	$156
Stock Repurchase Authorization, Number of Shares Authorized to Be Repurchased	15,000,000		15,000,000
Stock Repurchase Authorization, Remaining Number of Shares	14,000,000		14,000,000
Purchase of treasury stock	$156		$947	$1,219

Accumulated_Other_Comprehensiv2

Accumulated Other Comprehensive Income (Loss) (Details) (USD $)	3 Months Ended		6 Months Ended
In Millions, unless otherwise specified	Nov. 30, 2014	Nov. 30, 2013	Nov. 30, 2014	Nov. 30, 2013
Accumulated Other Comprehensive Income Loss [Line Items]
Beginning balance			($3,694)
Translation adjustment	-122	45	-153	-34
Amortization of unrealized pension actuarial gains/losses and other, net of tax of $17, $25, $35, $50	29	43	60	85
Ending balance	-3,787	-3,769	-3,787	-3,769
Reclassification Adjustment Out Of Accumulated Other Comprehensive Income [Line Items]
Salaries and employee benefits	4,304	4,148	8,493	8,225
PROVISION FOR INCOME TAXES	355	292	686	569
Amortization of actuarial losses [Member]
Reclassification Adjustment Out Of Accumulated Other Comprehensive Income [Line Items]
Salaries and employee benefits	-75	-97	-153	-192
Amortization of prior service credits [Member]
Reclassification Adjustment Out Of Accumulated Other Comprehensive Income [Line Items]
Salaries and employee benefits	29	29	58	57
Reclassification Out Of Accumulated Other Comprehensive Income [Member]
Reclassification Adjustment Out Of Accumulated Other Comprehensive Income [Line Items]
Salaries and employee benefits	-46	-68	-95	-135
PROVISION FOR INCOME TAXES	17	25	35	50
Net income	-29	-43	-60	-85
Foreign currency translation gain (loss) [Member]
Accumulated Other Comprehensive Income Loss [Line Items]
Beginning balance	46	23	77	102
Translation adjustment	-122	45	-153	-34
Ending balance	-76	68	-76	68
Retirement plans adjustments [Member]
Accumulated Other Comprehensive Income Loss [Line Items]
Beginning balance	-3,740	-3,880	-3,771	-3,922
Reclassification from AOCI	29	43	60	85
Ending balance	($3,711)	($3,837)	($3,711)	($3,837)

Financing_Arrangements_Details

Financing Arrangements (Details) (USD $)	6 Months Ended
In Millions, unless otherwise specified	Nov. 30, 2014	31-May-14
Financing Arrangements (Details) [Line Items]
Line Of Credit Facility Maximum Borrowing Capacity	$1,000
Long Term Debt Exclusive of Capital Leases Carrying Value	4,700	4,700
Long Term Debt Exclusive Of Capital Leases Fair Value	$5,100	$5,000
Line Of Credit Facility Covenant Terms Maximum Leverage Ratio	70%
Line Of Credit Facility Covenant Terms Leverage Ratio	57%

Computation_of_Earnings_Per_Sh2

Computation of Earnings Per Share (Details) (USD $)	3 Months Ended		6 Months Ended
In Millions, except Per Share data, unless otherwise specified	Nov. 30, 2014	Nov. 30, 2013	Nov. 30, 2014	Nov. 30, 2013
Basic earnings per common share:
Net earnings allocable to common shares	$615	$499	$1,220	$988
Weighted-average common shares	283	315	284	316
Basic earnings per common share	$2.17	$1.58	$4.30	$3.13
Diluted earnings per common share:
Net earnings allocable to common shares	$615	$499	$1,220	$988
Weighted-average common shares	283	315	284	316
Dilutive effect of share-based awards	4	4	4	3
Weighted-average diluted shares	287	319	288	319
Diluted earnings per common share	$2.14	$1.57	$4.24	$3.10
Anti-dilutive options excluded from diluted earnings per common share	2.2	2.5	2.2	6.2

Retirement_Plans_Details_1

Retirement Plans (Details 1) (USD $)	3 Months Ended		6 Months Ended
In Millions, unless otherwise specified	Nov. 30, 2014	Nov. 30, 2013	Nov. 30, 2014	Nov. 30, 2013
Pension and Other Postretirement Benefit Expense [Abstract]
U.S. domestic and international pension plans	$65	$121	$133	$242
U.S. domestic and international defined contribution plans	94	88	188	177
U.S. domestic and international postretirement healthcare plans	20	19	40	39
Retirement plans costs	$179	$228	$361	$458

Retirement_Plans_Details_2

Retirement Plans (Details 2) (USD $)	3 Months Ended		6 Months Ended
In Millions, unless otherwise specified	Nov. 30, 2014	Nov. 30, 2013	Nov. 30, 2014	Nov. 30, 2013
Pension Plans
Net Periodic Benefit Cost
Service cost	$164	$164	$328	$328
Interest cost	275	263	550	526
Expected return on plan assets	-420	-374	-840	-747
Recognized actuarial losses and other	46	68	95	135
Total net periodic benefit cost	65	121	133	242
Postretirement Healthcare Plans
Net Periodic Benefit Cost
Service cost	10	9	20	19
Interest cost	10	10	20	20
Total net periodic benefit cost	$20	$19	$40	$39

Retirement_Plans_Details_3

Retirement Plans (Details 3) (USD $)	6 Months Ended
In Millions, unless otherwise specified	Nov. 30, 2014	Nov. 30, 2013
Pension Plans Contributions [Abstract]
Required U.S. pension plan contributions	$247	$315
Voluntary U.S. pension plan contributions	83	15
U.S. domestic pension contributions	330	330
December 2014 U.S. Pension Plans contribution	165
Subsequent voluntary contribution remainder 2015	$160

Business_Segment_Information_D

Business Segment Information (Details) (USD $)	3 Months Ended		6 Months Ended
In Millions, unless otherwise specified	Nov. 30, 2014	Nov. 30, 2013	Nov. 30, 2014	Nov. 30, 2013
Segment Reporting Information [Line Items]
Revenues	$11,939	$11,403	$23,623	$22,427
Operating Income	1,013	827	2,000	1,622
FedEx Express Segment [Member]
Segment Reporting Information [Line Items]
Revenues	7,024	6,844	13,886	13,449
Operating Income	484	357	853	630
FedEx Ground Segment [Member]
Segment Reporting Information [Line Items]
Revenues	3,063	2,849	6,023	5,579
Operating Income	465	439	1,010	922
FedEx Freight Segment [Member]
Segment Reporting Information [Line Items]
Revenues	1,585	1,434	3,194	2,858
Operating Income	112	83	280	182
FedEx Services Segment [Member]
Segment Reporting Information [Line Items]
Revenues	394	391	768	766
Corporate, eliminations and other
Segment Reporting Information [Line Items]
Revenues	-127	-115	-248	-225
Operating Income	($48)	($52)	($143)	($112)

Commitments_Details_1

Commitments (Details 1) (USD $)	Nov. 30, 2014
In Millions, unless otherwise specified
Schedule of Purchase Commitments [Line Items]
2015 (remainder)	$1,161
2016	1,559
2017	1,208
2018	1,503
2019	1,080
Thereafter	4,573
Total	11,084
Aircraft And Related Equipment Commitments [Member]
Schedule of Purchase Commitments [Line Items]
2015 (remainder)	709
2016	1,230
2017	1,033
2018	1,402
2019	1,022
Thereafter	4,472
Total	9,868
Other Commitments [Member]
Schedule of Purchase Commitments [Line Items]
2015 (remainder)	452	[1]
2016	329	[1]
2017	175	[1]
2018	101	[1]
2019	58	[1]
Thereafter	101	[1]
Total	$1,216	[1]
[1]	Primarily equipment, advertising contracts and contributions to our U.S. Pension Plans, which are further described in Note 5.

Commitments_Details_2

Commitments (Details 2)	Nov. 30, 2014
Schedule of Aircraft Commitments [Line Items]
2015 (remainder)	9
2016	13
2017	12
2018	13
2019	8
Thereafter	12
Total	67
Boeing 777 Freighter [Member]
Schedule of Aircraft Commitments [Line Items]
2016	2
2018	2
2019	2
Thereafter	12
Total	18
Boeing 757 [Member]
Schedule of Aircraft Commitments [Line Items]
2015 (remainder)	1
Total	1
Boeing 767 Freighter [Member]
Schedule of Aircraft Commitments [Line Items]
2015 (remainder)	8
2016	11
2017	12
2018	11
2019	6
Total	48

Commitments_Details_3

Commitments (Details 3) (USD $)	Nov. 30, 2014
In Millions, unless otherwise specified
Schedule of Future Minimum Operating Lease Payments [Line Items]
2015 (remainder)	$1,182
2016	2,022
2017	2,083
2018	1,593
2019	1,364
Thereafter	7,648
Total	15,892
Aircraft and Related Equipment [Member]
Schedule of Future Minimum Operating Lease Payments [Line Items]
2015 (remainder)	391
2016	461
2017	399
2018	329
2019	273
Thereafter	551
Total	2,404
Facilities and Other [Member]
Schedule of Future Minimum Operating Lease Payments [Line Items]
2015 (remainder)	791
2016	1,561
2017	1,684
2018	1,264
2019	1,091
Thereafter	7,097
Total	$13,488

Commitments_Details_4

Commitments (Details 4) (USD $)	6 Months Ended
In Millions, unless otherwise specified	Nov. 30, 2014
Other Aircraft Commitments Disclosure [Abstract]
Boeing 777F Conditional Aircraft Commitments	9
Boeing 767F Conditional Aircraft Commitments	4
Aircraft Purchase Commitment Boeing 767F Delivery 2017 and 2019	4
Other Commitment Disclosures [Line Items]
Deposit and Progress Payments	$500

Supplemental_Cash_Flow_Informa2

Supplemental Cash Flow Information (Details) (USD $)	6 Months Ended
In Millions, unless otherwise specified	Nov. 30, 2014	Nov. 30, 2013
Supplemental Cash Flow Information [Abstract]
Interest (net of capitalized interest)	$103	$64
Income taxes	760	626
Income tax refunds received	-5	-36
Cash tax payments (refunds), net	$755	$590

Condensed_Consolidating_Financ2

Condensed Consolidating Financial Statements (Details 1) (USD $)	Nov. 30, 2014
In Millions, unless otherwise specified
Guarantor Obligations [Abstract]
Debt Guarantee	$4,500

Condensed_Consolidating_Financ3

Condensed Consolidating Financial Statements (Details 2) (USD $)	Nov. 30, 2014	31-May-14	Nov. 30, 2013	31-May-13
In Millions, unless otherwise specified
CURRENT ASSETS
Cash and cash equivalents	$2,266	$2,908	$3,935	$4,917
Receivables, less allowances	5,592	5,460
Spare parts, supplies, fuel, prepaid expenses and other, less allowances	857	793
Deferred income taxes	497	522
Total current assets	9,212	9,683
PROPERTY AND EQUIPMENT, AT COST	41,616	40,691
Less accumulated depreciation and amortization	21,723	21,141
Net property and equipment	19,893	19,550
GOODWILL	2,734	2,790
Other assets	1,145	1,047
ASSETS	32,984	33,070
CURRENT LIABILITIES
Current portion of long-term debt		1
Accrued salaries and employee benefits	1,219	1,277
Accounts payable	1,968	1,971
Accrued expenses	1,986	2,063
Total current liabilities	5,173	5,312
LONG-TERM DEBT, LESS CURRENT PORTION	4,735	4,736
OTHER LONG-TERM LIABILITIES
Deferred income taxes	2,104	2,114
Other liabilities	5,409	5,631
Total other long-term liabilities	7,513	7,745
STOCKHOLDERS' INVESTMENT	15,563	15,277
LIABILITIES AND STOCKHOLDERS' INVESTMENT	32,984	33,070
Parent Company Member
CURRENT ASSETS
Cash and cash equivalents	1,048	1,756	2,808	3,892
Receivables, less allowances	1	2
Spare parts, supplies, fuel, prepaid expenses and other, less allowances	76	59
Total current assets	1,125	1,817
PROPERTY AND EQUIPMENT, AT COST	28	28
Less accumulated depreciation and amortization	22	22
Net property and equipment	6	6
INVESTMENT IN SUBSIDIARIES	21,850	20,785
Other assets	2,051	2,088
ASSETS	25,032	24,696
CURRENT LIABILITIES
Accrued salaries and employee benefits	33	55
Accounts payable	60	2
Accrued expenses	374	405
Total current liabilities	467	462
LONG-TERM DEBT, LESS CURRENT PORTION	4,487	4,487
INTERCOMPANY PAYABLE	2,698	2,323
OTHER LONG-TERM LIABILITIES
Other liabilities	1,817	2,147
Total other long-term liabilities	1,817	2,147
STOCKHOLDERS' INVESTMENT	15,563	15,277
LIABILITIES AND STOCKHOLDERS' INVESTMENT	25,032	24,696
Guarantor Subsidiaries Member
CURRENT ASSETS
Cash and cash equivalents	482	441	492	405
Receivables, less allowances	4,453	4,338
Spare parts, supplies, fuel, prepaid expenses and other, less allowances	719	674
Deferred income taxes	474	501
Total current assets	6,128	5,954
PROPERTY AND EQUIPMENT, AT COST	39,258	38,303
Less accumulated depreciation and amortization	20,458	19,899
Net property and equipment	18,800	18,404
INTERCOMPANY RECEIVABLE	1,172	1,058
GOODWILL	1,552	1,552
INVESTMENT IN SUBSIDIARIES	3,747	3,754
Other assets	862	747
ASSETS	32,261	31,469
CURRENT LIABILITIES
Current portion of long-term debt		1
Accrued salaries and employee benefits	1,011	1,042
Accounts payable	1,403	1,530
Accrued expenses	1,404	1,444
Total current liabilities	3,818	4,017
LONG-TERM DEBT, LESS CURRENT PORTION	248	249
OTHER LONG-TERM LIABILITIES
Deferred income taxes	4,021	4,059
Other liabilities	3,344	3,230
Total other long-term liabilities	7,365	7,289
STOCKHOLDERS' INVESTMENT	20,830	19,914
LIABILITIES AND STOCKHOLDERS' INVESTMENT	32,261	31,469
Non Guarantor Subsidiaries Member
CURRENT ASSETS
Cash and cash equivalents	869	861	775	717
Receivables, less allowances	1,189	1,151
Spare parts, supplies, fuel, prepaid expenses and other, less allowances	62	60
Deferred income taxes	23	21
Total current assets	2,143	2,093
PROPERTY AND EQUIPMENT, AT COST	2,330	2,360
Less accumulated depreciation and amortization	1,243	1,220
Net property and equipment	1,087	1,140
INTERCOMPANY RECEIVABLE	1,526	1,265
GOODWILL	1,182	1,238
Other assets	237	250
ASSETS	6,175	5,986
CURRENT LIABILITIES
Accrued salaries and employee benefits	175	180
Accounts payable	689	620
Accrued expenses	208	214
Total current liabilities	1,072	1,014
OTHER LONG-TERM LIABILITIES
Deferred income taxes	88	93
Other liabilities	248	254
Total other long-term liabilities	336	347
STOCKHOLDERS' INVESTMENT	4,767	4,625
LIABILITIES AND STOCKHOLDERS' INVESTMENT	6,175	5,986
Consolidation Eliminations Member
CURRENT ASSETS
Cash and cash equivalents	-133	-150	-140	-97
Receivables, less allowances	-51	-31
Total current assets	-184	-181
INTERCOMPANY RECEIVABLE	-2,698	-2,323
INVESTMENT IN SUBSIDIARIES	-25,597	-24,539
Other assets	-2,005	-2,038
ASSETS	-30,484	-29,081
CURRENT LIABILITIES
Accounts payable	-184	-181
Total current liabilities	-184	-181
INTERCOMPANY PAYABLE	-2,698	-2,323
OTHER LONG-TERM LIABILITIES
Deferred income taxes	-2,005	-2,038
Total other long-term liabilities	-2,005	-2,038
STOCKHOLDERS' INVESTMENT	-25,597	-24,539
LIABILITIES AND STOCKHOLDERS' INVESTMENT	($30,484)	($29,081)

Condensed_Consolidating_Financ4

Condensed Consolidating Financial Statements (Details 3) (USD $)	3 Months Ended		6 Months Ended
In Millions, unless otherwise specified	Nov. 30, 2014	Nov. 30, 2013	Nov. 30, 2014	Nov. 30, 2013
Condensed Financial Statements Captions [Line Items]
REVENUES	$11,939	$11,403	$23,623	$22,427
OPERATING EXPENSES:
Salaries and employee benefits	4,304	4,148	8,493	8,225
Purchased transportation	2,185	2,040	4,239	3,919
Rentals and landing fees	663	648	1,323	1,288
Depreciation and amortization	651	647	1,302	1,286
Fuel	1,052	1,136	2,172	2,240
Maintenance and repairs	543	479	1,099	959
Other	1,528	1,478	2,995	2,888
OPERATING EXPENSES	10,926	10,576	21,623	20,805
OPERATING INCOME	1,013	827	2,000	1,622
OTHER INCOME (EXPENSE):
Interest, net	-47	-30	-95	-57
Other, net	5	-5	3	-7
INCOME BEFORE INCOME TAXES	971	792	1,908	1,558
PROVISION FOR INCOME TAXES	355	292	686	569
NET INCOME	616	500	1,222	989
COMPREHENSIVE INCOME	523	588	1,129	1,040
Parent Company Member
OPERATING EXPENSES:
Salaries and employee benefits	23	24	53	55
Rentals and landing fees	2	2	3	3
Depreciation and amortization	1	1	1	1
Intercompany charges, net	-48	-50	-143	-111
Other	22	23	86	52
OTHER INCOME (EXPENSE):
Equity in earnings of subsidiaries	616	500	1,222	989
Interest, net	-53	-35	-106	-69
Intercompany charges, net	54	36	108	71
Other, net	-1	-1	-2	-2
INCOME BEFORE INCOME TAXES	616	500	1,222	989
NET INCOME	616	500	1,222	989
COMPREHENSIVE INCOME	642	540	1,276	1,068
Guarantor Subsidiaries Member
Condensed Financial Statements Captions [Line Items]
REVENUES	9,926	9,447	19,695	18,675
OPERATING EXPENSES:
Salaries and employee benefits	3,729	3,568	7,335	7,082
Purchased transportation	1,468	1,340	2,854	2,582
Rentals and landing fees	577	563	1,149	1,121
Depreciation and amortization	595	595	1,190	1,184
Fuel	1,028	1,111	2,123	2,192
Maintenance and repairs	507	447	1,029	896
Intercompany charges, net	-50	-24	-48	-30
Other	1,239	1,192	2,404	2,325
OPERATING EXPENSES	9,093	8,792	18,036	17,352
OPERATING INCOME	833	655	1,659	1,323
OTHER INCOME (EXPENSE):
Equity in earnings of subsidiaries	103	133	201	243
Interest, net	5	5	9	10
Intercompany charges, net	-59	-41	-118	-82
Other, net	2	-3	-1	-5
INCOME BEFORE INCOME TAXES	884	749	1,750	1,489
PROVISION FOR INCOME TAXES	319	251	588	483
NET INCOME	565	498	1,162	1,006
COMPREHENSIVE INCOME	543	506	1,137	1,013
Non Guarantor Subsidiaries Member
Condensed Financial Statements Captions [Line Items]
REVENUES	2,108	2,042	4,112	3,920
OPERATING EXPENSES:
Salaries and employee benefits	552	556	1,105	1,088
Purchased transportation	764	739	1,475	1,412
Rentals and landing fees	86	85	174	167
Depreciation and amortization	55	51	111	101
Fuel	24	25	49	48
Maintenance and repairs	36	32	70	63
Intercompany charges, net	98	74	191	141
Other	313	308	596	601
OPERATING EXPENSES	1,928	1,870	3,771	3,621
OPERATING INCOME	180	172	341	299
OTHER INCOME (EXPENSE):
Interest, net	1		2	2
Intercompany charges, net	5	5	10	11
Other, net	4	-1	6
INCOME BEFORE INCOME TAXES	190	176	359	312
PROVISION FOR INCOME TAXES	36	41	98	86
NET INCOME	154	135	261	226
COMPREHENSIVE INCOME	57	175	139	191
Consolidation Eliminations Member
Condensed Financial Statements Captions [Line Items]
REVENUES	-95	-86	-184	-168
OPERATING EXPENSES:
Purchased transportation	-47	-39	-90	-75
Rentals and landing fees	-2	-2	-3	-3
Other	-46	-45	-91	-90
OPERATING EXPENSES	-95	-86	-184	-168
OTHER INCOME (EXPENSE):
Equity in earnings of subsidiaries	-719	-633	-1,423	-1,232
INCOME BEFORE INCOME TAXES	-719	-633	-1,423	-1,232
NET INCOME	-719	-633	-1,423	-1,232
COMPREHENSIVE INCOME	($719)	($633)	($1,423)	($1,232)

Condensed_Consolidating_Financ5

Condensed Consolidating Financial Statements (Details 4) (USD $)	3 Months Ended	6 Months Ended
In Millions, unless otherwise specified	Nov. 30, 2014	Nov. 30, 2014	Nov. 30, 2013
Condensed Financial Statements Captions [Line Items]
Cash provided by (used in) operating activities		$2,151	$1,609
Investing Activities:
Capital expenditures		-1,890	-1,690
Proceeds from asset dispositions and other		7	19
Cash used in investing activities		-1,883	-1,671
Financing Activities:
Principal payments on debt		-1	-3
Proceeds from stock issuances		189	380
Excess tax benefit on the exercise of stock options		23	20
Dividends paid		-114	-95
Purchase of treasury stock	-156	-947	-1,219
Cash used in financing activities		-850	-917
Effect of exchange rate changes on cash		-60	-3
Net decrease in cash and cash equivalents		-642	-982
Cash and cash equivalents at beginning of period		2,908	4,917
Cash and cash equivalents at end of period	2,266	2,266	3,935
Parent Company Member
Condensed Financial Statements Captions [Line Items]
Cash provided by (used in) operating activities		-458	-139
Investing Activities:
Capital expenditures		-1
Proceeds from asset dispositions and other		-1
Cash used in investing activities		-2
Financing Activities:
Net transfers from (to) Parent		601	-31
Proceeds from stock issuances		189	380
Excess tax benefit on the exercise of stock options		23	20
Dividends paid		-114	-95
Purchase of treasury stock		-947	-1,219
Cash used in financing activities		-248	-945
Net decrease in cash and cash equivalents		-708	-1,084
Cash and cash equivalents at beginning of period		1,756	3,892
Cash and cash equivalents at end of period	1,048	1,048	2,808
Guarantor Subsidiaries Member
Condensed Financial Statements Captions [Line Items]
Cash provided by (used in) operating activities		2,335	1,545
Investing Activities:
Capital expenditures		-1,809	-1,521
Proceeds from asset dispositions and other		17	19
Cash used in investing activities		-1,792	-1,502
Financing Activities:
Net transfers from (to) Parent		-610	64
Payment on loan between subsidiaries		143	-33
Intercompany dividends		22	22
Principal payments on debt		-1	-3
Other, net		-39
Cash used in financing activities		-485	50
Effect of exchange rate changes on cash		-17	-6
Net decrease in cash and cash equivalents		41	87
Cash and cash equivalents at beginning of period		441	405
Cash and cash equivalents at end of period	482	482	492
Non Guarantor Subsidiaries Member
Condensed Financial Statements Captions [Line Items]
Cash provided by (used in) operating activities		257	246
Investing Activities:
Capital expenditures		-80	-169
Proceeds from asset dispositions and other		-9
Cash used in investing activities		-89	-169
Financing Activities:
Net transfers from (to) Parent		9	-33
Payment on loan between subsidiaries		-143	33
Intercompany dividends		-22	-22
Other, net		39
Cash used in financing activities		-117	-22
Effect of exchange rate changes on cash		-43	3
Net decrease in cash and cash equivalents		8	58
Cash and cash equivalents at beginning of period		861	717
Cash and cash equivalents at end of period	869	869	775
Consolidation Eliminations Member
Condensed Financial Statements Captions [Line Items]
Cash provided by (used in) operating activities		17	-43
Financing Activities:
Net decrease in cash and cash equivalents		17	-43
Cash and cash equivalents at beginning of period		-150	-97
Cash and cash equivalents at end of period	($133)	($133)	($140)

Document_and_Entity_Informatio

Document and Entity Information (USD $)	6 Months Ended
In Billions, except Share data, unless otherwise specified	Nov. 30, 2014	Dec. 17, 2014	Nov. 28, 2014
Document and Entity Information [Abstract]
Document Type	10-Q
Document Period End Date	30-Nov-14
Amendment Flag	FALSE
Document Fiscal Year Focus	2015
Document Fiscal Period Focus	Q2
Entity Registrant Name	FedEx Corporation
Entity Central Index Key	1048911
Current Fiscal Year End Date	-26
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Large Accelerated Filer
Entity Public Float			$46.80
Entity Common Stock, Shares Outstanding		283,312,620
TradingSymbol	FDX