Valuation and Qualifying Accounts

12 Months Ended

May 31, 2024

SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract]

Schedule Of Valuation And Qualifying Accounts

SCHEDULE II

FEDEX CORPORATION

VALUATION AND QUALIFYING ACCOUNTS

FOR THE YEARS ENDED MAY 31, 2024, 2023, AND 2022

(IN MILLIONS)

			ADDITIONS
DESCRIPTION	BALANCE AT BEGINNING OF YEAR		CHARGED TO EXPENSES		CHARGED TO OTHER ACCOUNTS			DEDUCTIONS			BALANCE AT END OF YEAR
Accounts Receivable Reserves:
Allowance for Credit Losses
2024	$	472	$	422	$	—		$	458	(a)	$	436
2023		340		696		—			564	(a)		472
2022		358		403		—			421	(a)		340
Allowance for Revenue Adjustments
2024	$	328	$	—	$	1,534	(b)	$	1,523	(c)	$	339
2023		352		—		1,662	(b)		1,686	(c)		328
2022		384		—		1,795	(b)		1,827	(c)		352
Inventory Valuation Allowance:
2024	$	276	$	40	$	—		$	28		$	288
2023		360		33		—			117			276
2022		349		35		—			24			360

(a)Uncollectible accounts written off, net of recoveries, and other adjustments.

(b)Principally charged against revenue.

(c)Service failures, rebills, and other.