← FEDEX CORP

Annual Trend FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2016
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income From Continuing Operations — — — — — — $4.0b $4.3b $4.1b $4.4b —
Net Income (Loss) Attributable to Parent $3.0b $4.6b $540.0m $1.3b $5.2b $3.8b $4.0b $4.3b $4.1b $4.4b $1.8b
Net Income (Loss) Available to Common Stockholders, Basic $3.0b $4.6b $539.0m $1.3b $5.2b $3.8b $4.0b $4.3b $4.1b $4.4b $1.8b
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest — — $540.0m $1.3b $5.2b $3.8b $4.0b $4.3b — — —
Amortization of Intangible Assets $91.0m $87.0m $82.0m $66.0m $49.0m $52.0m $52.0m $47.0m $48.0m $54.0m $14.0m
Depreciation $2.9b $3.1b $3.4b $3.6b $3.8b $4.0b $4.2b $4.3b $4.3b $4.4b $2.6b
Depreciation Amortization Depletion — — — — — — $4.2b $4.3b $4.3b $4.4b —
Depreciation, Depletion and Amortization $3.0b $3.1b $3.4b $3.6b $3.8b $4.0b $4.2b $4.3b $4.3b $4.4b $2.6b
Deferred Income Tax — — — — — $2.9b $3.5b — — — —
Deferred Income Tax Expense (Benefit) $940.0m ($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 — — — —
Other noncash items including leases and deferred income taxes — — — — — $2.9b $3.5b $2.9b $3.2b — —
Asset Impairment Charge — — — — — — $117.0m $157.0m $21.0m $23.0m —
Goodwill and other asset impairment charges — $380.0m — $435.0m — — $117.0m $157.0m $21.0m — —
Goodwill, Impairment Loss — $374.0m — $358.0m $0 — $36.0m — $0 $0 —
Share-based Payment Arrangement, Expense $154.0m $167.0m $174.0m $168.0m $200.0m $190.0m $182.0m $163.0m $154.0m $177.0m $144.0m
Share-based Payment Arrangement, Noncash Expense $154.0m $167.0m $174.0m $168.0m $200.0m $190.0m $182.0m $163.0m $154.0m $177.0m $144.0m
Gain (Loss) on Disposition of Business — $85.0m $8.0m — — — — — — — —
Gain (Loss) on Extinguishment of Debt — — — — ($393.0m) — — — — — —
Income Tax Expense (Benefit) $1.6b ($219.0m) $115.0m $383.0m $1.4b $1.1b $1.4b $1.5b $1.3b $1.4b $920.0m
Interest Expense Nonoperating — — — — — — — — $789.0m $970.0m —
Other Nonoperating Income (Expense) $21.0m ($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:
Additional Financial Items
Accounts payable and other liabilities $103.0m $141.0m ($571.0m) ($1.8b) $71.0m ($1.9b) ($3.3b) ($2.6b) ($2.4b) — $467.0m
Beginning Cash Position — — — — — — $6.9b $6.9b $6.5b $5.5b —
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 —
Cash Flow From Continuing Investing Activities — — — — — — ($6.2b) ($5.2b) ($4.1b) ($3.9b) —
Cash used in financing activities $528.0m $227.0m ($1.0b) $3.4b ($2.1b) ($3.0b) ($2.6b) ($3.4b) ($4.0b) — $3.6b
Cash used in investing activities ($5.0b) ($5.7b) ($5.5b) ($5.8b) ($6.0b) ($6.8b) ($6.2b) ($5.2b) ($4.1b) — ($9.4b)
Change In Account Payable — — — — — — ($3.3b) ($2.6b) ($2.5b) ($933.0m) —
Change In Other Current Assets — — — — — — $48.0m ($43.0m) $90.0m ($121.0m) —
Change In Other Working Capital — — — — — — ($639.0m) ($565.0m) ($565.0m) ($212.0m) —
Change In Payable — — — — — — ($3.3b) ($2.6b) ($2.5b) ($933.0m) —
Change In Payables And Accrued Expense — — — — — — ($3.3b) ($2.6b) ($2.5b) ($933.0m) —
Change In Receivables — — — — — — $782.0m ($270.0m) ($1.8b) ($2.2b) —
Change In Working Capital — — — — — — ($3.1b) ($3.4b) ($4.7b) ($3.5b) —
Changes In Cash — — — — — — $77.0m ($314.0m) ($1.1b) $7.8b —
Debt Securities, Realized Gain (Loss) — — — — — — — — $0 $0 —
End Cash Position — — — — — — $6.9b $6.5b $5.5b $13.3b —
Equity Securities, FV-NI, Unrealized Gain (Loss) — — — — — — — $14.0m ($6.0m) $35.0m —
Financing Cash Flow — — — — — — ($2.6b) ($3.4b) ($4.0b) $2.7b —
Free Cash Flow — — — — — — $2.7b $3.1b $3.0b $5.1b —
Goodwill $7.2b $7.0b $6.9b $6.4b $7.0b $6.5b $6.4b $6.4b $6.6b $6.7b $6.7b
Increase (Decrease) in Other Operating Assets ($78.0m) $135.0m $25.0m $59.0m $40.0m $158.0m ($48.0m) $43.0m — — ($234.0m)
Investing Cash Flow — — — — — — ($6.2b) ($5.2b) ($4.1b) ($3.9b) —
Investment Income, Interest $33.0m $48.0m $59.0m $55.0m $52.0m $53.0m $198.0m $370.0m $363.0m $437.0m $21.0m
Issuance Of Capital Stock — — — — — — $231.0m $491.0m $524.0m $992.0m —
Net Business Purchase And Sale — — — — — $0 $0 — — — —
Nonoperating Income (Expense) ($458.0m) ($517.0m) ($3.8b) ($748.0m) $817.0m ($1.3b) $451.0m $277.0m $224.0m $330.0m ($337.0m)
Operating Expenses — — — — — — — — — — $47.3b
Operating Gains Losses — — — — — — ($650.0m) ($561.0m) ($515.0m) ($647.0m) —
Other Non Cash Items — — — — — — $3.5b $2.9b $3.2b $3.1b —
Other current assets $78.0m ($135.0m) ($25.0m) ($59.0m) ($40.0m) ($158.0m) $48.0m ($43.0m) $90.0m — ($234.0m)
Other, net $18.0m $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) —
Pension and postretirement healthcare assets and liabilities, net ($1.7b) ($2.3b) ($909.0m) ($908.0m) ($317.0m) ($697.0m) ($623.0m) ($522.0m) ($553.0m) — ($346.0m)
Proceeds from stock issuances $337.0m $327.0m $101.0m $64.0m $740.0m $184.0m $231.0m $491.0m $524.0m — $183.0m
Provision for uncollectible accounts $136.0m $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 —
Purchase Of Business — — — — — $0 $0 — — — —
Receivables ($556.0m) ($1.0b) ($873.0m) ($1.3b) ($1.4b) ($310.0m) $782.0m ($270.0m) ($1.8b) — ($199.0m)
Repurchase Of Capital Stock — — — — — — ($1.5b) ($2.5b) ($3.0b) ($796.0m) —
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 —
Stock-based compensation $154.0m $167.0m $174.0m $168.0m $200.0m $190.0m $182.0m $163.0m $154.0m — $144.0m
Net Cash Provided by (Used in) Operating Activities $4.9b $4.7b $5.6b $5.1b $10.1b $9.8b $8.8b $8.3b $7.0b $8.9b $5.7b
Cash flows from investing activities:
Capital Expenditure — — — — — — ($6.2b) ($5.2b) ($4.1b) ($3.8b) —
Capital Expenditure Reported $5.1b $5.7b $5.5b $5.9b $5.9b $6.8b ($6.2b) ($5.2b) ($4.1b) ($3.8b) —
Capital expenditures ($5.1b) ($5.7b) ($5.5b) ($5.9b) ($5.9b) ($6.8b) ($6.2b) ($5.2b) ($4.1b) — ($4.8b)
Payments to Acquire Businesses, Net of Cash Acquired — $179.0m $66.0m — $228.0m — — — — — $4.6b
Net Investment Purchase And Sale — — — — — — ($84.0m) ($138.0m) ($152.0m) ($199.0m) —
Payments to Acquire Investments — — — — — $147.0m $84.0m $176.0m $262.0m $682.0m —
Purchase Of Investment — — — — — — ($84.0m) ($176.0m) ($262.0m) ($682.0m) —
Purchase of investments — — — — — ($147.0m) ($84.0m) ($176.0m) ($262.0m) — —
Gain (Loss) on Sale of Investments $35.0m — — — — — — — — — —
Proceeds from sale of investments — — — — — — $0 $38.0m $110.0m — —
Sale Of Investment — — — — — — $0 $38.0m $110.0m $483.0m —
Net Other Investing Changes — — — — — — $84.0m $114.0m $115.0m $97.0m —
Proceeds from asset dispositions, and other investing activities, net — — — — — $94.0m $84.0m $114.0m $115.0m — —
Net Cash Provided by (Used in) Investing Activities ($5.0b) ($5.7b) ($5.5b) ($5.8b) ($6.0b) ($6.8b) ($6.2b) ($5.2b) ($4.1b) ($3.9b) —
Cash flows from financing activities:
Issuance Of Debt — — — — — — $0 $0 $0 $5.3b —
Long Term Debt Issuance — — — — — — $0 $0 $0 $5.3b —
Net Issuance Payments Of Debt — — — — — — ($152.0m) ($147.0m) ($157.0m) $4.0b —
Net Long Term Debt Issuance — — — — — — ($152.0m) ($147.0m) ($157.0m) $3.2b —
Net Short Term Debt Issuance — — — — — — — $0 $0 $742.0m —
Proceeds from Issuance of Long-term Debt $1.2b $1.5b $2.5b $6.6b $4.2b — — — — — $6.5b
Long Term Debt Payments — — — — — — ($152.0m) ($147.0m) ($157.0m) ($2.0b) —
Principal payments on debt ($82.0m) ($38.0m) ($1.4b) ($2.5b) ($6.3b) ($161.0m) ($152.0m) ($147.0m) ($157.0m) — ($41.0m)
Repayment Of Debt — — — — — — ($152.0m) ($147.0m) ($157.0m) ($2.0b) —
Common Stock Issuance — — — — — — $231.0m $491.0m $524.0m $992.0m —
Net Common Stock Issuance — — — — — — ($1.3b) ($2.0b) ($2.5b) $196.0m —
Common Stock Payments — — — — — — ($1.5b) ($2.5b) ($3.0b) ($796.0m) —
Payments for Repurchase of Common Stock $509.0m $1.0b $1.5b $3.0m — $2.2b $1.5b $2.5b $3.0b $796.0m $2.7b
Purchase of common stock ($509.0m) ($1.0b) ($1.5b) ($3.0m) — ($2.2b) ($1.5b) ($2.5b) ($3.0b) — ($2.7b)
Cash Dividends Paid — — — — — — ($1.2b) ($1.3b) ($1.3b) ($1.4b) —
Common Stock Dividend Paid — — — — — — ($1.2b) ($1.3b) ($1.3b) ($1.4b) —
Dividends paid $426 $535 $683 $679 $686 $793 $1k $1k $1k $1k $277
Net Other Financing Charges — — — — — — $1.0m ($11.0m) ($30.0m) ($55.0m) —
Proceeds from (Payments for) Other Financing Activities $18.0m $10.0m ($4.0m) ($9.0m) ($38.0m) ($1.0m) $1.0m ($11.0m) ($30.0m) ($55.0m) ($54.0m)
Net Cash Provided by (Used in) Financing Activities $528.0m $227.0m ($1.0b) $3.4b ($2.1b) ($3.0b) ($2.6b) ($3.4b) ($4.0b) $2.7b —
Effect Of Exchange Rate Changes — — — — — — ($118.0m) ($41.0m) $76.0m $46.0m —
Effect of exchange rate changes on cash ($42.0m) $72.0m ($47.0m) ($70.0m) $171.0m ($187.0m) ($118.0m) ($41.0m) $76.0m — ($102.0m)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect ($42.0m) $72.0m ($47.0m) ($70.0m) $2.2b ($190.0m) ($41.0m) ($355.0m) ($999.0m) $7.8b —
Net decrease in cash and cash equivalents — — ($946.0m) $2.6b $2.2b ($190.0m) ($41.0m) ($355.0m) ($999.0m) — —
Cash and cash equivalents at beginning of period $3.5b $4.0b $3.3b $2.3b $7.1b $6.9b $6.9b $6.5b $5.5b — $3.8b
Supplemental disclosure of cash flow information:
Change In Cash Supplemental As Reported — — — — — — ($41.0m) ($355.0m) ($999.0m) $7.8b —
Interest Paid, Excluding Capitalized Interest, Operating Activities $484.0m $524.0m $617.0m $639.0m $819.0m $695.0m $694.0m $744.0m $814.0m $881.0m $321.0m
Income Taxes Paid, Net $377.0m $189.0m $371.0m $36.0m $1.3b $177.0m $1.0b $1.4b $1.2b $1.9b $991.0m

Data sourced from SEC EDGAR 10-K filings via EdgarTools. 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.