Professional Documents
Culture Documents
Fedex Statements
Fedex Statements
Operating Expenses
Salaries and employee benefits
Purchased Transportation
Rentals and Landing Fees
Depreciation and Amortization
Maintenance and Repairs
Fuel
Merger Expenses
Restructuring and Impairment Charges (Credits)
Other
Operating Income
Other Income
Interest, net
Other, net
Income from Continuing Operations Before Income Taxes
Provision for Income Taxes
Income from Continuing Operations Before Income Taxes
Income From Discontinued Operations, Net of Income Taxes
Net Income
1996
1997
1998
10,274
4,620
371
959
720
618
579
1,784
9,650
624
(96)
12
(84)
540
232
308
308
14,238
6,150
1,253
1,139
929
774
735
225
2,527
13,731
507
(104)
23
(81)
426
230
196
196
15,873
6,647
1,482
1,304
964
874
727
88
(16)
2,792
14,862
1,011
(124)
13
(111)
900
401
498
5
503
1996
Assets
Current Assets
Cash and Cash Equivalents
Receivables, less Allowances
Spare Parts, Supplies and Fuel
Deferred Income Taxes
Prepaid Expenses and Other
Total Current Assets
Property and Equipment, at cost
Flight Equipent
Package Handling and Ground Support Equipment and Vehicles
Computer and Electronic Equipment
Other
Less Accumulated Depreciation and Amortization
Net Property and Equipment
Other Assets
Goodwill
Equipment Deposits and Other Assets
Total Other Assets
Total Assets
Liabilities and Stockholder's Investment
Current Liabilities
Current Portion of Long-Term Debt
Accounts Payable
Accrued Expenses
Other Liabilities
Total Current Liabilities
Long-Term Debt, Less Current Portion
Deferred Income Taxes
Other Liabilities
Commitments and Contingencies
Common Stockholders' Investment
Common Stock, $.10 par value
Additional Paid-in Capital
Retained Earnings
Accumulated Other Comprehensive Income
Less Treasury Stock, at cost, and deferred compensation
Total Common Stockholder's Investment
Total Liabiliteis and Common Stockholders' Investment
1997
1998
93.50
1,271.60
222.10
92.60
48.50
1,728.30
160.90
1,878.00
339.40
197.00
68.60
2,643.70
229.60
1,943.40
364.70
232.80
109.60
2,880.10
3,372.60
2,148.50
1,439.90
1,717.50
8,678.50
4,561.90
4,116.60
3,741.40
3,131.10
1,957.90
2,557.60
11,387.90
5,917.50
5,470.40
4,056.50
3,425.30
2,162.60
2,819.40
12,463.90
6,528.80
5,935.10
397.30
473.40
854.10
6,699.00
370.30
559.80
930.20
9,044.30
356.30
514.60
870.90
9,686.10
8.00
705.50
904.90
1,618.40
1,325.30
64.00
1,115.10
356.70
999.80
1,223.00
2,579.50
1,598.00
181.80
1,183.90
257.50
1,145.40
1,400.90
2,803.80
1,385.20
274.10
1,261.70
5.70
815.10
1,766.60
2,587.40
11.30
2,576.10
6,699.00
14.80
938.00
261.50
3,574.30
73.10
3,501.20
9,044.30
14.70
992.80
2,999.40
(27.30)
3,979.60
18.40
3,961.20
9,686.10
1.17%
1.808756
2.49%
1.38%
2.590509
6.45%
96.44%
41.56%
-0.73%
9.04108
111.9331
3.260876
1.024889
0.79
40.37129
31.34%
45.64%
-88.21%
4.04%
1.694871
5.37%
3.17%
2.50997
13.48%
93.63%
41.13%
-0.78%
8.307327
81.2948
4.489832
1.027213
0.78
43.93712
25.91%
34.97%
-304.32%