Fedex corp (FDX)
Balance Sheet / TTM
Feb'20Nov'19Aug'19May'19Feb'19Nov'18Aug'18May'18Feb'18Nov'17Aug'17May'17Feb'17Nov'16Aug'16May'16Feb'16Nov'15Aug'15May'15Feb'15Nov'14Aug'14May'14Feb'14Nov'13Aug'13May'13Feb'13Nov'12Aug'12May'12Feb'12Nov'11Aug'11May'11Feb'11Nov'10Aug'10May'10Feb'10Nov'09Aug'09May'09
ASSETS
CURRENT ASSETS
Cash and cash equivalents

1,766

2,031

2,389

2,319

2,872

2,123

2,369

3,265

2,789

2,768

3,503

3,969

3,173

3,059

2,989

3,534

2,841

3,647

3,543

3,763

3,478

2,266

2,416

2,908

3,042

3,935

5,096

4,917

3,372

2,517

2,743

2,843

2,040

1,896

1,959

2,328

1,359

1,877

1,709

1,952

1,549

1,465

1,789

2,292

Receivables, less allowances of $307 and $300

9,323

9,709

9,312

9,116

9,037

9,573

8,716

8,481

8,671

8,655

8,006

7,599

7,418

7,575

7,233

7,252

5,634

5,865

5,617

5,719

5,584

5,592

5,487

5,460

5,197

5,377

4,990

5,044

4,950

5,202

4,780

4,704

4,635

4,837

4,624

4,581

4,478

4,279

4,135

4,163

3,937

3,771

3,410

3,391

Spare parts, supplies and fuel, less allowances of $332 and $335

568

576

574

553

546

522

523

525

523

533

516

514

527

517

512

496

476

493

488

498

488

476

481

463

462

458

451

457

460

456

465

440

447

440

418

437

413

400

377

389

380

391

372

367

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

608

687

606

-

510

497

497

522

624

655

604

533

510

510

518

533

617

628

610

610

540

540

529

529

517

515

510

511

Prepaid expenses and other

884

882

742

1,098

1,045

1,220

1,033

1,070

1,592

925

697

546

820

901

667

707

678

460

449

355

422

381

369

330

456

441

352

323

453

474

371

536

459

367

352

329

448

302

286

251

300

292

307

555

Total current assets

12,541

13,198

13,017

13,086

13,500

13,438

12,641

13,341

13,575

12,881

12,722

12,628

11,938

12,052

11,401

11,989

10,237

11,152

10,703

10,335

10,482

9,212

9,250

9,683

9,781

10,866

11,493

11,274

9,745

9,159

8,877

9,056

8,198

8,168

7,963

8,285

7,238

7,398

7,036

7,284

6,683

6,434

6,388

7,116

Aircraft and related equipment

-

-

-

-

-

-

-

20,749

-

-

-

18,833

-

-

-

17,499

-

-

-

16,186

-

-

-

15,632

-

-

-

14,716

-

-

-

14,360

-

-

-

13,146

-

-

-

11,640

-

-

-

10,118

Package handling and ground support equipment

-

-

-

-

-

-

-

9,727

-

-

-

8,989

-

-

-

7,961

-

-

-

6,725

-

-

-

6,082

-

-

-

6,452

-

-

-

5,912

-

-

-

5,591

-

-

-

5,193

-

-

-

4,960

Information technology

-

-

-

-

-

-

-

5,794

-

-

-

5,396

-

-

-

5,149

-

-

-

5,208

-

-

-

5,097

-

-

-

4,958

-

-

-

4,646

-

-

-

4,408

-

-

-

4,218

-

-

-

4,280

Vehicles and trailers

-

-

-

-

-

-

-

7,708

-

-

-

6,961

-

-

-

6,422

-

-

-

5,816

-

-

-

5,514

-

-

-

4,080

-

-

-

3,654

-

-

-

3,294

-

-

-

3,170

-

-

-

3,078

Facilities and other

-

-

-

-

-

-

-

11,143

-

-

-

10,447

-

-

-

9,987

-

-

-

8,929

-

-

-

8,366

-

-

-

7,903

-

-

-

7,592

-

-

-

7,247

-

-

-

7,081

-

-

-

6,824

PROPERTY AND EQUIPMENT, AT COST

64,305

62,715

61,436

59,511

58,164

57,501

56,326

55,121

54,377

53,240

51,540

50,626

49,752

48,918

48,121

47,018

46,032

45,242

43,989

42,864

42,652

41,616

40,866

40,691

40,019

39,301

38,167

38,109

38,114

37,749

36,962

36,164

35,933

35,399

34,224

33,686

33,078

32,720

31,773

31,302

30,675

30,234

29,484

29,260

Less accumulated depreciation and amortization

30,999

30,307

29,826

29,082

28,396

28,114

27,547

26,967

26,680

25,950

25,305

24,645

24,139

23,611

23,317

22,734

23,480

22,964

22,506

21,989

22,227

21,723

21,442

21,141

20,734

20,181

19,730

19,625

19,786

19,400

19,096

18,916

19,090

18,690

18,404

18,143

17,750

17,454

17,094

16,917

16,672

16,297

15,946

15,843

Net property and equipment

33,306

32,408

31,610

30,429

29,768

29,387

28,779

28,154

27,697

27,290

26,235

25,981

25,613

25,307

24,804

24,284

22,552

22,278

21,483

20,875

20,425

19,893

19,424

19,550

19,285

19,120

18,437

18,484

18,328

18,349

17,866

17,248

16,843

16,709

15,820

15,543

15,328

15,266

14,679

14,385

14,003

13,937

13,538

13,417

OTHER LONG-TERM ASSETS
Operating lease right-of-use assets, net

13,981

14,097

13,819

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Goodwill

6,814

6,861

6,821

6,884

6,916

6,908

6,869

6,973

7,464

7,325

7,382

7,154

7,000

6,921

6,783

6,747

3,764

3,806

3,792

3,810

3,805

2,734

2,775

2,790

2,739

2,737

2,712

2,755

2,765

2,757

2,734

2,387

2,419

2,399

2,435

2,326

2,321

2,224

2,211

2,200

2,229

2,237

2,233

2,229

Other assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,128

1,213

1,435

-

Other assets

3,372

3,390

3,185

4,004

4,280

3,556

3,612

3,862

3,115

2,785

3,011

2,789

2,230

2,068

2,587

2,939

1,266

1,135

1,267

1,511

1,396

1,145

1,138

1,047

924

819

1,031

1,054

992

1,047

1,214

1,212

1,292

1,176

1,620

1,231

1,315

1,205

1,286

1,033

4,190

4,223

3,931

1,171

Total other long-term assets

24,167

24,348

23,825

10,888

11,196

10,464

10,481

10,835

10,579

10,110

10,393

9,943

9,230

8,989

9,370

9,686

5,030

4,941

5,059

5,321

5,201

3,879

3,913

3,837

3,663

3,556

3,743

3,809

3,757

3,804

3,948

3,599

3,711

3,575

4,055

3,557

3,636

3,429

3,497

3,233

-

-

-

3,711

Noncurrent asset

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

833

773

263

311

ASSETS

70,014

69,954

68,452

54,403

54,464

53,289

51,901

52,330

51,851

50,281

49,350

48,552

46,781

46,348

45,575

45,959

37,819

38,371

37,245

36,531

36,108

32,984

32,587

33,070

32,729

33,542

33,673

33,567

31,830

31,312

30,691

29,903

28,752

28,452

27,838

27,385

26,202

26,093

25,212

24,902

24,876

24,594

23,857

24,244

LIABILITIES AND STOCKHOLDERS' INVESTMENT
CURRENT LIABILITIES
Short-term borrowings

300

150

-

-

225

250

299

-

799

250

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Current portion of long-term debt

35

16

35

964

973

642

1,404

1,342

764

11

19

22

45

43

47

29

11

14

14

19

-

-

1

1

1

251

254

251

251

1

117

417

419

428

301

18

18

251

251

262

283

40

158

653

Accrued salaries and employee benefits

1,472

1,632

1,522

1,741

1,659

1,850

1,686

2,177

1,945

1,912

1,656

1,914

1,690

1,765

1,603

1,972

1,451

1,510

1,355

1,436

1,231

1,219

1,103

1,277

1,284

1,403

1,366

1,688

1,395

1,297

1,157

1,635

1,444

1,390

1,245

1,268

1,143

1,231

1,081

1,146

959

1,028

884

861

Accounts payable

3,193

3,283

3,179

3,030

3,156

3,400

3,066

2,977

3,102

3,147

2,938

2,752

2,707

2,954

2,851

2,944

2,024

2,129

2,049

2,066

2,050

1,968

1,973

1,971

1,903

1,868

1,879

1,879

1,730

1,730

1,643

1,613

1,687

1,646

1,563

1,702

1,590

1,561

1,423

1,522

1,489

1,417

1,311

1,372

Operating lease liabilities

1,902

1,928

1,896

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued expenses

3,423

3,538

3,303

3,278

3,243

3,354

3,151

3,131

2,893

2,907

3,177

3,230

3,008

3,045

2,973

3,063

2,453

2,298

2,426

2,435

1,962

1,986

2,076

2,063

1,831

1,884

2,024

1,932

1,723

1,800

1,892

1,709

1,602

1,916

1,872

1,894

1,823

1,820

1,786

1,715

1,641

1,634

1,533

1,638

Total current liabilities

10,325

10,547

9,935

9,013

9,256

9,496

9,606

9,627

9,503

8,227

7,790

7,918

7,450

7,807

7,474

8,008

5,939

5,951

5,844

5,956

5,243

5,173

5,153

5,312

5,019

5,406

5,523

5,750

5,099

4,828

4,809

5,374

5,152

5,380

4,981

4,882

4,574

4,863

4,541

4,645

4,372

4,119

3,886

4,524

LONG-TERM DEBT, LESS CURRENT PORTION

18,973

18,691

18,726

16,617

17,218

16,399

15,241

15,243

16,017

15,180

15,137

14,909

14,713

13,553

13,735

13,733

8,477

8,481

7,244

7,249

7,228

4,735

4,735

4,736

4,735

2,739

2,739

2,739

1,991

2,241

2,242

1,250

1,251

1,251

1,367

1,667

1,667

1,667

1,668

1,668

1,668

1,918

1,918

1,930

OTHER LONG-TERM LIABILITIES
Deferred income taxes

3,101

3,072

2,953

2,821

3,211

3,253

2,948

2,867

2,401

3,088

2,730

2,485

2,299

2,148

1,762

1,567

2,046

1,759

1,781

1,210

2,497

2,104

2,107

2,114

2,083

1,945

1,820

1,652

1,139

973

879

836

2,030

1,555

1,441

1,336

1,328

976

902

891

1,384

1,228

1,132

1,071

Pension, postretirement healthcare and other benefit obligations

4,165

4,156

4,132

5,095

1,847

1,735

1,963

2,187

2,181

3,868

4,313

4,487

4,670

5,845

6,063

6,227

4,628

4,702

4,806

4,893

2,962

3,136

3,313

3,484

3,586

3,704

3,813

3,916

5,361

5,447

5,519

5,582

1,654

2,065

2,123

2,124

1,598

1,731

1,693

1,705

931

929

955

934

Self-insurance accruals

1,933

1,921

1,924

1,899

1,861

1,844

1,809

1,784

1,715

1,651

1,603

1,494

1,376

1,349

1,338

1,314

1,282

1,265

1,186

1,120

1,092

1,072

1,047

1,038

1,028

1,009

996

987

989

985

987

963

960

977

964

977

976

969

960

960

949

916

932

904

Operating lease liabilities

12,232

12,432

12,137

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred lease obligations

-

-

-

531

512

605

557

551

532

633

575

531

456

547

457

400

723

840

766

711

694

832

748

758

741

882

797

778

766

910

839

784

750

897

824

779

769

913

828

804

768

890

811

802

Deferred gains, principally related to aircraft transactions

-

-

-

-

118

137

156

121

124

122

126

137

142

145

150

155

161

167

174

181

187

193

200

206

208

215

221

227

234

239

245

251

244

234

240

246

252

257

263

267

274

276

283

289

Other liabilities

454

476

479

670

547

526

448

534

484

457

458

518

491

423

454

771

236

216

161

218

193

176

163

145

102

109

109

120

139

146

147

136

142

176

184

154

158

156

152

151

150

150

154

164

Total other long-term liabilities

21,885

22,057

21,625

11,016

8,096

8,100

7,881

8,044

7,437

9,819

9,805

9,652

9,434

10,457

10,224

10,434

9,076

8,949

8,874

8,333

7,625

7,513

7,578

7,745

7,748

7,864

7,756

7,680

8,628

8,700

8,616

8,552

5,780

5,904

5,776

5,616

5,081

5,002

4,798

4,778

4,456

4,389

4,267

4,164

COMMITMENTS AND CONTINGENCIES

-

-

-

-

-

0

0

-

0

0

0

0

0

0

0

0

0

-

-

0

0

-

0

0

0

0

0

0

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

COMMON STOCKHOLDERS' INVESTMENT
Common stock, $0.10 par value; 800 million shares authorized; 318 million shares issued as of February 29, 2020 and May 31, 2019

32

32

32

32

32

32

32

32

32

32

32

32

32

32

32

32

32

32

32

32

32

32

32

32

32

32

32

32

32

32

32

32

32

32

32

32

31

31

31

31

31

31

31

31

Additional paid-in capital

3,324

3,287

3,257

3,231

3,209

3,185

3,154

3,117

3,085

3,055

3,030

3,005

2,976

2,946

2,918

2,892

2,869

2,839

2,814

2,786

2,739

2,618

2,629

2,643

2,259

2,666

2,696

2,668

2,623

2,635

2,612

2,595

2,574

2,557

2,547

2,484

2,408

2,343

2,302

2,261

2,168

2,132

2,091

2,053

Retained earnings

25,569

25,431

25,048

24,648

26,650

26,080

25,315

24,823

23,710

21,785

21,156

20,833

19,830

19,410

18,862

18,371

18,481

18,048

17,434

16,900

21,880

21,480

20,921

16,229

19,699

19,366

18,913

18,519

18,216

17,899

17,505

17,134

16,584

16,103

15,648

15,266

14,709

14,515

14,270

13,966

13,546

13,342

13,031

12,919

Accumulated other comprehensive loss

-887

-866

-918

-865

-737

-817

-763

-578

-357

-434

-325

-415

-334

-425

-176

-169

-159

-41

10

172

-3,909

-3,787

-3,694

506

-3,754

-3,769

-3,857

-3,820

-4,710

-4,770

-4,847

-4,953

-2,483

-2,581

-2,501

-2,550

-2,256

-2,316

-2,386

-2,440

-1,362

-1,334

-1,363

-1,373

Treasury stock, at cost

9,207

9,225

9,253

9,289

9,260

9,186

8,565

7,978

7,576

7,383

7,275

7,382

7,320

7,432

7,494

7,342

6,896

5,888

5,007

4,897

4,730

4,780

4,767

4,133

3,009

762

129

1

49

253

278

81

138

194

12

12

12

12

12

7

3

3

4

4

Total common stockholders’ investment

18,831

18,659

18,166

17,757

19,894

19,294

19,173

19,416

18,894

17,055

16,618

16,073

15,184

14,531

14,142

13,784

14,327

14,990

15,283

14,993

16,012

15,563

15,121

15,277

15,227

17,533

17,655

17,398

16,112

15,543

15,024

14,727

16,569

15,917

15,714

15,220

14,880

14,561

14,205

13,811

14,380

14,168

13,786

13,626

LIABILITIES AND COMMON STOCKHOLDERS' INVESTMENT

70,014

69,954

68,452

54,403

54,464

53,289

51,901

52,330

51,851

50,281

49,350

48,552

46,781

46,348

45,575

45,959

37,819

38,371

37,245

36,531

36,108

32,984

32,587

33,070

32,729

33,542

33,673

33,567

31,830

31,312

30,691

29,903

28,752

28,452

27,838

27,385

26,202

26,093

25,212

24,902

24,876

24,594

23,857

24,244