Consolidated Balance Sheets - USD ($) $ in Millions		May 31, 2024	May 31, 2023
CURRENT ASSETS
Cash and cash equivalents		$ 6,501	$ 6,856
Receivables, less allowances of $775 and $800		10,087	10,188
Spare parts, supplies, and fuel, less allowances of $288 and $276		614	604
Prepaid expenses and other		1,005	962
Total current assets		18,207	18,610
PROPERTY AND EQUIPMENT, AT COST
Aircraft and related equipment		30,525	29,108
Package handling and ground support equipment		17,880	16,839
Information technology		9,203	8,792
Vehicles and trailers		10,568	10,191
Facilities and other		16,215	15,694
Total property and equipment, at cost		84,391	80,624
Less accumulated depreciation and amortization		42,900	39,926
Net property and equipment		41,491	40,698
OTHER LONG-TERM ASSETS
Operating lease right-of-use assets, net		17,115	17,347
Goodwill		6,423	6,435
Other assets		3,771	4,053
Total other long-term assets		27,309	27,835
TOTAL ASSETS	[1]	87,007	87,143
CURRENT LIABILITIES
Current portion of long-term debt		68	126
Accrued salaries and employee benefits		2,673	2,475
Accounts payable		3,189	3,848
Operating lease liabilities		2,463	2,390
Accrued expenses		4,962	4,747
Total current liabilities		13,355	13,586
LONG-TERM DEBT, LESS CURRENT PORTION		20,135	20,453
OTHER LONG-TERM LIABILITIES
Deferred income taxes		4,482	4,489
Pension, postretirement healthcare and other benefit obligations		2,010	3,130
Self-insurance accruals		3,701	3,339
Operating lease liabilities		15,053	15,363
Other liabilities		689	695
Total other long-term liabilities		25,935	27,016
COMMITMENTS AND CONTINGENCIES
COMMON STOCKHOLDERS' INVESTMENT
Common stock, $0.10 par value; 800 million shares authorized; 318 million shares issued as of May 31, 2024 and 2023		32	32
Additional paid-in capital		3,988	3,769
Retained earnings		38,649	35,259
Accumulated other comprehensive loss		(1,359)	(1,327)
Treasury stock, at cost		(13,728)	(11,645)
Total common stockholders’ investment		27,582	26,088
TOTAL LIABILITIES AND COMMON STOCKHOLDERS' INVESTMENT		$ 87,007	$ 87,143

[1] Segment assets include intercompany receivables. In the fourth quarter of 2024, FedEx Ground settled an intercompany balance of $19.5 billion with FedEx in preparation for the one FedEx consolidation.