← FEDEX CORP

Annual Trend FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2016 TTM
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income (Loss) Attributable to Parent
$4.6b +52.55%
$540.0m -88.19%
$1.3b +138.15%
$5.2b +306.77%
$3.8b -26.86%
$4.0b +3.82%
$4.3b +9.04%
$4.1b -5.52%
$4.4b +8.33%
$1.8b -58.94%
—
Net Income (Loss) Available to Common Stockholders, Basic
$4.6b +52.56%
$539.0m -88.20%
$1.3b +138.22%
$5.2b +306.54%
$3.8b -26.84%
$4.0b +3.85%
$4.3b +9.05%
$4.1b -5.50%
$4.4b +8.29%
$1.8b -58.92%
—
Amortization of Intangible Assets $87.0m $82.0m $66.0m $49.0m $52.0m $52.0m $47.0m $48.0m $54.0m $14.0m —
Depreciation $3.1b $3.4b $3.6b $3.8b $4.0b $4.2b $4.3b $4.3b $4.4b $2.6b $4.4b
Depreciation, Depletion and Amortization $3.1b $3.4b $3.6b $3.8b $4.0b $4.2b $4.3b $4.3b $4.4b $2.6b $4.4b
Deferred Income Tax — — — — $2.9b $3.5b $2.9b $3.2b — — —
Deferred Income Tax Expense (Benefit) ($183.0m) ($85.0m) $348.0m $802.0m $322.0m $446.0m ($162.0m) ($47.0m) ($545.0m) $135.0m —
Deferred Tax — — — — $2.9b $3.5b — — — — —
Share-based Payment Arrangement, Expense $167.0m $174.0m $168.0m $200.0m $190.0m $182.0m $163.0m $154.0m $177.0m $144.0m $177.0m
Share-based Payment Arrangement, Noncash Expense $167.0m $174.0m $168.0m $200.0m $190.0m $182.0m $163.0m $154.0m $177.0m $144.0m $177.0m
Stock-based compensation $167.0m $174.0m $168.0m $200.0m $190.0m $182.0m $163.0m $154.0m — $144.0m $177.0m
Asset Impairment Charge $380.0m — $435.0m — — $117.0m $157.0m $21.0m $23.0m — $23.0m
Goodwill, Impairment Loss $374.0m — $358.0m $0 — $36.0m — $0 $0 — $23.0m
Nonoperating Income (Expense) ($517.0m) ($3.8b) ($748.0m) $817.0m ($1.3b) $451.0m $277.0m $224.0m $330.0m ($337.0m) —
Other Nonoperating Income (Expense) ($7.0m) ($31.0m) ($9.0m) ($32.0m) $13.0m ($107.0m) ($70.0m) ($63.0m) ($22.0m) ($22.0m) —
Changes in operating assets and liabilities:
Change In Working Capital — — — — — ($3.1b) ($3.4b) ($4.7b) ($3.5b) — ($3.5b)
Change In Receivables ($1.0b) ($873.0m) ($1.3b) ($1.4b) ($310.0m) $782.0m ($270.0m) ($1.8b) ($2.2b) ($199.0m) ($2.2b)
Accounts payable and other liabilities $141.0m ($571.0m) ($1.8b) $71.0m ($1.9b) ($3.3b) ($2.6b) ($2.4b) — $467.0m ($933.0m)
Change In Other Current Assets ($135.0m) ($25.0m) ($59.0m) ($40.0m) ($158.0m) $48.0m ($43.0m) $90.0m ($121.0m) ($234.0m) ($121.0m)
Increase (Decrease) in Other Operating Assets $135.0m $25.0m $59.0m $40.0m $158.0m ($48.0m) $43.0m — — ($234.0m) —
Net Cash Provided by (Used in) Operating Activities
$4.7b -5.19%
$5.6b +20.09%
$5.1b -9.19%
$10.1b +98.84%
$9.8b -2.99%
$8.8b -10.01%
$8.3b -6.06%
$7.0b -15.35%
$8.9b +26.85%
$5.7b -36.04%
$8.9b +56.36%
Cash flows from investing activities:
Capital Expenditure $5.7b $5.5b $5.9b $5.9b $6.8b ($6.2b) ($5.2b) ($4.1b) ($3.8b) — ($3.8b)
Capital expenditures ($5.7b) ($5.5b) ($5.9b) ($5.9b) ($6.8b) ($6.2b) ($5.2b) ($4.1b) — ($4.8b) ($3.8b)
Debt Securities, Realized Gain (Loss) — — — — — — — $0 $0 — —
Gain (Loss) on Sale of Investments — — — — — — — — — — —
Payments to Acquire Investments — — — — $147.0m $84.0m $176.0m $262.0m $682.0m — ($682.0m)
Proceeds from sale of investments — — — — — $0 $38.0m $110.0m $483.0m — $483.0m
Payments to Acquire Businesses, Net of Cash Acquired $179.0m $66.0m — $228.0m — — — — — $4.6b $0
Net Other Investing Changes — — — — — $84.0m $114.0m $115.0m $97.0m — $97.0m
Proceeds from asset dispositions, and other investing activities, net — — — — $94.0m $84.0m $114.0m $115.0m — — —
Cash used in investing activities ($5.7b) ($5.5b) ($5.8b) ($6.0b) ($6.8b) ($6.2b) ($5.2b) ($4.1b) — ($9.4b) —
Net Cash Provided by (Used in) Investing Activities ($5.7b) ($5.5b) ($5.8b) ($6.0b) ($6.8b) ($6.2b) ($5.2b) ($4.1b) ($3.9b) — ($3.9b)
Cash flows from financing activities:
Gain (Loss) on Extinguishment of Debt — — — ($393.0m) — — — — — — —
Issuance Of Debt — — — — — $0 $0 $0 $5.3b — $5.3b
Long Term Debt Issuance — — — — — $0 $0 $0 $5.3b — $5.3b
Long Term Debt Payments — — — — — ($152.0m) ($147.0m) ($157.0m) ($2.0b) — ($2.0b)
Net Issuance Payments Of Debt — — — — — ($152.0m) ($147.0m) ($157.0m) $4.0b — $4.0b
Net Long Term Debt Issuance — — — — — ($152.0m) ($147.0m) ($157.0m) $3.2b — $3.2b
Net Short Term Debt Issuance — — — — — — $0 $0 $742.0m — $742.0m
Principal payments on debt ($38.0m) ($1.4b) ($2.5b) ($6.3b) ($161.0m) ($152.0m) ($147.0m) ($157.0m) — ($41.0m) —
Proceeds from Issuance of Long-term Debt $1.5b $2.5b $6.6b $4.2b — — — — — $6.5b $5.3b
Repayment Of Debt — — — — — ($152.0m) ($147.0m) ($157.0m) ($2.0b) — ($2.0b)
Common Stock Dividend Paid — — — — — ($1.2b) ($1.3b) ($1.3b) ($1.4b) — ($1.4b)
Common Stock Issuance — — — — — $231.0m $491.0m $524.0m $992.0m — $992.0m
Common Stock Payments — — — — — ($1.5b) ($2.5b) ($3.0b) ($796.0m) — ($796.0m)
Issuance Of Capital Stock — — — — — $231.0m $491.0m $524.0m $992.0m — $992.0m
Net Common Stock Issuance — — — — — ($1.3b) ($2.0b) ($2.5b) $196.0m — $196.0m
Payments for Repurchase of Common Stock $1.0b $1.5b $3.0m — $2.2b $1.5b $2.5b $3.0b $796.0m $2.7b —
Purchase of common stock ($1.0b) ($1.5b) ($3.0m) — ($2.2b) ($1.5b) ($2.5b) ($3.0b) — ($2.7b) —
Repurchase Of Capital Stock — — — — — ($1.5b) ($2.5b) ($3.0b) ($796.0m) — ($796.0m)
Cash Dividends Paid — — — — — ($1.2b) ($1.3b) ($1.3b) ($1.4b) — ($1.4b)
Dividends paid $535 $683 $679 $686 $793 $1k $1k $1k $1k $277 ($1.4b)
Net Other Financing Charges — — — — — $1.0m ($11.0m) ($30.0m) ($55.0m) — ($55.0m)
Proceeds from (Payments for) Other Financing Activities $10.0m ($4.0m) ($9.0m) ($38.0m) ($1.0m) $1.0m ($11.0m) ($30.0m) ($55.0m) ($54.0m) —
Cash used in financing activities
$227.0m -57.01%
($1.0b) -557.71%
$3.4b +425.41%
($2.1b) -161.82%
($3.0b) -44.45%
($2.6b) +13.98%
($3.4b) -31.92%
($4.0b) -17.31%
— $3.6b —
Net Cash Provided by (Used in) Financing Activities
$227.0m -57.01%
($1.0b) -557.71%
$3.4b +425.41%
($2.1b) -161.82%
($3.0b) -44.45%
($2.6b) +13.98%
($3.4b) -31.92%
($4.0b) -17.31%
$2.7b +168.40%
— $2.7b
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect $72.0m ($47.0m) ($70.0m) $2.2b ($190.0m) ($41.0m) ($355.0m) ($999.0m) $7.8b — $13.3b
Beginning Cash Position — — — — — $6.9b $6.9b $6.5b $5.5b — $5.5b
Cash and cash equivalents at beginning of period $4.0b $3.3b $2.3b $7.1b $6.9b $6.9b $6.5b $5.5b — $3.8b —
Effect Of Exchange Rate Changes $72.0m ($47.0m) ($70.0m) $171.0m ($187.0m) ($118.0m) ($41.0m) $76.0m $46.0m ($102.0m) $46.0m
Additional Supplementary Disclosures
Additional Supplementary Disclosures
Additional Financial Items
Business optimization and realignment costs, net of payments — — — $102.0m $53.0m $23.0m $26.0m $43.0m — — —
Cash Flow From Continuing Financing Activities — — — — — ($2.6b) ($3.4b) ($4.0b) $2.7b — $2.7b
Cash Flow From Continuing Investing Activities — — — — — ($6.2b) ($5.2b) ($4.1b) ($3.9b) — ($3.9b)
Change In Account Payable — — — — — ($3.3b) ($2.6b) ($2.5b) ($933.0m) — ($933.0m)
Change In Cash Supplemental As Reported — — — — — ($41.0m) ($355.0m) ($999.0m) $7.8b — —
Change In Other Working Capital — — — — — ($639.0m) ($565.0m) ($565.0m) ($212.0m) — ($212.0m)
Change In Payable — — — — — ($3.3b) ($2.6b) ($2.5b) ($933.0m) — ($933.0m)
Changes In Cash — — — — — $77.0m ($314.0m) ($1.1b) $7.8b — $7.8b
End Cash Position — — — — — $6.9b $6.5b $5.5b $13.3b — $13.3b
Equity Securities, FV-NI, Unrealized Gain (Loss) — — — — — — $14.0m ($6.0m) $35.0m — —
Financing Cash Flow — — — — — ($2.6b)
($3.4b) -31.92%
($4.0b) -17.31%
$2.7b +168.40%
— $2.7b
Free Cash Flow — — — — — $2.7b $3.1b $3.0b $5.1b — $5.1b
Gain (Loss) on Disposition of Business $85.0m $8.0m — — — — — — — — —
Goodwill $7.0b $6.9b $6.4b $7.0b $6.5b $6.4b $6.4b $6.6b $6.7b $6.7b $23.0m
Income Tax Expense (Benefit) ($219.0m) $115.0m $383.0m $1.4b $1.1b $1.4b $1.5b $1.3b $1.4b $920.0m —
Income Taxes Paid, Net $189.0m $371.0m $36.0m $1.3b $177.0m $1.0b $1.4b $1.2b $1.9b $991.0m —
Interest Expense Nonoperating — — — — — — — $789.0m $970.0m — —
Interest Paid, Excluding Capitalized Interest, Operating Activities $524.0m $617.0m $639.0m $819.0m $695.0m $694.0m $744.0m $814.0m $881.0m $321.0m —
Investing Cash Flow — — — — — ($6.2b) ($5.2b) ($4.1b) ($3.9b) — ($3.9b)
Investment Income, Interest $48.0m $59.0m $55.0m $52.0m $53.0m $198.0m $370.0m $363.0m $437.0m $21.0m —
Net Business Purchase And Sale — — — — $0 $0 — — — — $0
Net Investment Purchase And Sale — — — — — ($84.0m) ($138.0m) ($152.0m) ($199.0m) — ($199.0m)
Net decrease in cash and cash equivalents — ($946.0m) $2.6b $2.2b ($190.0m) ($41.0m) ($355.0m) ($999.0m) — — —
Operating Expenses — — — — — — — — — $47.3b —
Operating Gains Losses — — — — — ($650.0m) ($561.0m) ($515.0m) ($647.0m) — ($647.0m)
Other Non Cash Items — — — — — $3.5b $2.9b $3.2b $3.1b — —
Other, net $10.0m ($4.0m) ($9.0m) ($38.0m) ($1.0m) $1.0m ($11.0m) ($30.0m) — ($54.0m) —
Pension And Employee Benefit Expense — — — — — ($650.0m) ($561.0m) ($515.0m) ($647.0m) — ($647.0m)
Pension and postretirement healthcare assets and liabilities, net ($2.3b) ($909.0m) ($908.0m) ($317.0m) ($697.0m) ($623.0m) ($522.0m) ($553.0m) — ($346.0m) —
Proceeds from stock issuances $327.0m $101.0m $64.0m $740.0m $184.0m $231.0m $491.0m $524.0m — $183.0m —
Provision for uncollectible accounts $246.0m $295.0m $442.0m $577.0m $403.0m $696.0m $421.0m $521.0m — $121.0m —
Provisionand Write Offof Assets — — — — — $696.0m $421.0m $521.0m $946.0m — $946.0m
Purchase Of Business — — — — $0 $0 — — — — $0
Purchase Of Investment — — — — ($147.0m) ($84.0m) ($176.0m) ($262.0m) ($682.0m) — ($682.0m)
Retirement plans mark-to-market adjustments — $3.9b $794.0m ($1.2b) $1.6b ($650.0m) ($561.0m) ($515.0m) — $1.5b —
Stock Based Compensation — — — — — $182.0m $163.0m $154.0m $177.0m — $177.0m
Supplemental disclosure of cash flow information:

Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.