| Schedule of Segment Information |
The following table provides a reconciliation of reportable segment revenue and operating income (loss) to our unaudited condensed consolidated financial statement totals for the periods ended November 30 (in millions):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended |
|
|
Six Months Ended |
|
|
|
2022 |
|
|
2021 |
|
|
2022 |
|
|
2021 |
|
Revenue: |
|
|
|
|
|
|
|
|
|
|
|
|
FedEx Express segment |
|
$ |
10,864 |
|
|
$ |
11,605 |
|
|
$ |
21,991 |
|
|
$ |
22,571 |
|
FedEx Ground segment |
|
|
8,393 |
|
|
|
8,264 |
|
|
|
16,553 |
|
|
|
15,941 |
|
FedEx Freight segment |
|
|
2,454 |
|
|
|
2,272 |
|
|
|
5,177 |
|
|
|
4,523 |
|
FedEx Services segment |
|
|
68 |
|
|
|
77 |
|
|
|
138 |
|
|
|
112 |
|
Other and eliminations |
|
|
1,035 |
|
|
|
1,256 |
|
|
|
2,197 |
|
|
|
2,330 |
|
|
|
$ |
22,814 |
|
|
$ |
23,474 |
|
|
$ |
46,056 |
|
|
$ |
45,477 |
|
Operating income (loss): |
|
|
|
|
|
|
|
|
|
|
|
|
FedEx Express segment |
|
$ |
341 |
|
|
$ |
949 |
|
|
$ |
515 |
|
|
$ |
1,516 |
|
FedEx Ground segment |
|
|
598 |
|
|
|
481 |
|
|
|
1,292 |
|
|
|
1,152 |
|
FedEx Freight segment |
|
|
440 |
|
|
|
334 |
|
|
|
1,091 |
|
|
|
724 |
|
Corporate, other, and eliminations |
|
|
(203 |
) |
|
|
(167 |
) |
|
|
(531 |
) |
|
|
(397 |
) |
|
|
$ |
1,176 |
|
|
$ |
1,597 |
|
|
$ |
2,367 |
|
|
$ |
2,995 |
|
|