Description of Business Segments and Summary of Significant Accounting Policies (Tables)

12 Months Ended

May 31, 2024

Accounting Policies [Abstract]

Schedule of Depreciable Lives and Net Book Value of Property and Equipment

The depreciable lives and net book value of our property and equipment are as follows (dollars in millions):

		Net Book Value at May 31,
	Range	2024		2023
Wide-body aircraft and related equipment	18 to 30 years	$	17,936	$	16,973
Narrow-body and feeder aircraft and related equipment	5 to 30 years		1,849		2,038
Package handling and ground support equipment	3 to 15 years		7,607		7,562
Information technology	3 to 7 years		1,722		1,859
Vehicles and trailers	3 to 15 years		4,053		3,996
Facilities and other	1 to 33 years		8,324		8,270

Schedule of Obligation Confirmed and Paid

A rollforward of obligations confirmed and paid during the year is presented below (in millions):

	2024
Confirmed obligations outstanding at the beginning of the year	$	83
Invoices confirmed during the year		686
Confirmed invoices paid during the year		(678	)
Currency translation adjustments		3
Confirmed obligations outstanding at the end of the year	$	94