Below are the financial statements of FedEx, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
All figures in billions of USD | 2024 | 2023 |
---|---|---|
Current assets | — | — |
Cash and cash equivalents | 6.5a | 6.86a |
Receivables, less allowances of $775 and $800 | 10.09a | 10.19a |
Spare parts, supplies, and fuel, less allowances of $288 and $276 | 0.61a | 0.6a |
Prepaid expenses and other | 1.01a | 0.96a |
Total current assets | 18.21a | 18.61a |
Property and equipment, at cost | — | — |
Aircraft and related equipment | 30.53a | 29.11a |
Package handling and ground support equipment | 17.88a | 16.84a |
Information technology | 9.2a | 8.79a |
Vehicles and trailers | 10.57a | 10.19a |
Facilities and other | 16.22a | 15.69a |
Total property and equipment, at cost | 84.39a | 80.62a |
Less accumulated depreciation and amortization | 42.9a | 39.93a |
Net property and equipment | 41.49a | 40.7a |
Other long-term assets | — | — |
Operating lease right-of-use assets, net | 17.12a | 17.35a |
Goodwill | 6.42a | 6.44a |
Other assets | 3.77a | 4.05a |
Total other long-term assets | 27.31a | 27.84a |
Total assets | 87.01a | 87.14a |
Current liabilities | — | — |
Current portion of long-term debt | 0.07a | 0.13a |
Accrued salaries and employee benefits | 2.67a | 2.48a |
Accounts payable | 3.19a | 3.85a |
Operating lease liabilities | 2.46a | 2.39a |
Accrued expenses | 4.96a | 4.75a |
Total current liabilities | 13.36a | 13.59a |
Long-term debt, less current portion | 20.14a | 20.45a |
Other long-term liabilities | — | — |
Deferred income taxes | 4.48a | 4.49a |
Pension, postretirement healthcare, and other benefit obligations | 2.01a | 3.13a |
Self-insurance accruals | 3.7a | 3.34a |
Operating lease liabilities | 15.05a | 15.36a |
Other liabilities | 0.69a | 0.7a |
Total other long-term liabilities | 25.94a | 27.02a |
Common stockholders’ investment | — | — |
Common stock | 0.03a | 0.03a |
Additional paid-in capital | 3.99a | 3.77a |
Retained earnings | 38.65a | 35.26a |
Accumulated other comprehensive loss | -1.36a | -1.33a |
Treasury stock, at cost | -13.73a | -11.65a |
Total common stockholders’ investment | 27.58a | 26.09a |
Total liabilities and common stockholders’ investment | 87.01a | 87.14a |
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