FedEx Corporation (FDX) FY2024 Annual Balance Sheet

FedEx Corporation (FDX) FY2024 Annual Balance Sheet

Balance sheet as of 2024-05-31. The chart shows assets, liabilities and equity at that date.

Assets

87,007,000,000 US dollars

Current assets

18,207,000,000 US dollars

Non-current assets

68,800,000,000 US dollars

Liabilities (calculated)

59,425,000,000 US dollars

Current liabilities

13,355,000,000 US dollars

Non-current liabilities

46,070,000,000 US dollars

Equity

27,582,000,000 US dollars

Aircraft and related equipment

30,525,000,000 US dollars. Part of Net property and equipment, drawn as one net amount.

Package handling and ground support equipment

17,880,000,000 US dollars. Part of Net property and equipment, drawn as one net amount.

Information technology

9,203,000,000 US dollars. Part of Net property and equipment, drawn as one net amount.

Vehicles and trailers

10,568,000,000 US dollars. Part of Net property and equipment, drawn as one net amount.

Facilities and other

16,215,000,000 US dollars. Part of Net property and equipment, drawn as one net amount.

Less accumulated depreciation and amortization

negative 42,900,000,000 US dollars. Part of Net property and equipment, drawn as one net amount.

Receivables, less allowances of $775 and $800

10,087,000,000 US dollars

Cash and cash equivalents

6,501,000,000 US dollars

Prepaid expenses and other

1,005,000,000 US dollars

Spare parts, supplies, and fuel, less allowances of $288 and $276

614,000,000 US dollars

Net property and equipment

41,491,000,000 US dollars

Operating lease right-of-use assets, net

17,115,000,000 US dollars

Goodwill

6,423,000,000 US dollars

Other assets

3,771,000,000 US dollars

Accrued expenses

4,962,000,000 US dollars

Accounts payable

3,189,000,000 US dollars

Accrued salaries and employee benefits

2,673,000,000 US dollars

Operating lease liabilities

2,463,000,000 US dollars

Current portion of long-term debt

68,000,000 US dollars

LONG-TERM DEBT, LESS CURRENT PORTION

20,135,000,000 US dollars

Operating lease liabilities

15,053,000,000 US dollars

Deferred income taxes

4,482,000,000 US dollars

Self-insurance accruals

3,701,000,000 US dollars

Pension, postretirement healthcare and other benefit obligations

2,010,000,000 US dollars

Other liabilities

689,000,000 US dollars

Retained earnings

38,649,000,000 US dollars

Additional paid-in capital

3,988,000,000 US dollars

Common stock, $0.10 par value; 800 million shares authorized; 318 million shares issued as of May 31, 2024 and 2023

32,000,000 US dollars

Treasury stock, at cost

negative 13,728,000,000 US dollars

Accumulated other comprehensive loss

negative 1,359,000,000 US dollars

Gross equity (calculated)

42,669,000,000 US dollars. Net equity plus the magnitudes of its negative contributions equals gross positive equity. The negative contributions enter this reconciliation as add-backs; their filed signs stay negative.

Chart connections

• Assets equal liabilities plus consolidated equity. Consolidated equity includes noncontrolling interests when reported.
• Treasury shares and other negative equity contributions reduce equity.