Business Segment Information

12 Months Ended

May 31, 2012

Business Segment Information [Abstract]

Business Segment Information

NOTE 10: BUSINESS SEGMENT INFORMATION

We are engaged in a single line of business and operate in one business segment – the worldwide express transportation and distribution of time-sensitive shipments. We are the world's largest express transportation company, and use a global air-and-ground network to speed delivery of time-sensitive shipments. We operate an integrated transportation network in providing these worldwide services and use our network assets (particularly aircraft) interchangeably around the world as demand and other circumstances dictate a need.

The following table presents revenue by service type and geographic information for the years ended or as of May 31 (in millions):

REVENUE BY SERVICE TYPE
				2012		2011		2010
	Package:
		U.S. overnight box		$	6,546	$	6,128	$	5,602
		U.S. overnight envelope			1,747		1,736		1,640
		U.S. deferred			3,001		2,805		2,589
			Total U.S. domestic package revenue		11,294		10,669		9,831
		International priority(1)			8,708		8,228		7,087
		International domestic(2)			853		653		578
			Total package revenue		20,855		19,550		17,496
	Freight:
		U.S.			2,498		2,188		1,980
		International priority			1,827		1,722		1,303
		International airfreight			307		283		251
			Total freight revenue		4,632		4,193		3,534
	Other				279		247		213
				$	25,766	$	23,990	$	21,243
GEOGRAPHICAL INFORMATION(3)
Revenues:
	U.S.			$	13,821	$	12,890	$	11,830
	International				11,945		11,100		9,413
				$	25,766	$	23,990	$	21,243
Noncurrent assets:
	U.S.			$	12,206	$	10,807	$	9,564
	International				1,928		1,806		1,471
				$	14,134	$	12,613	$	11,035
(1)		International priority includes FedEx International Priority and FedEx International Economy services.
(2)		International domestic revenues include our international intra-country domestic operations, including acquisitions in India (February 2011) and Mexico (July 2011).
(3)		International revenue includes shipments that either originate in or are destined to locations outside the United States. Noncurrent assets include property and equipment, goodwill and other long-term assets. Our flight equipment registered in the U.S. is included as U.S. assets; however, many of our aircraft operate internationally.