Stock Analysis on Net
Stock Analysis on Net

FedEx Corp. (NYSE:FDX)

Common-Size Balance Sheet: Liabilities and Stockholders’ Equity
Quarterly Data

FedEx Corp., common-size consolidated balance sheet: liabilities and stockholders’ equity (quarterly data)

Microsoft Excel
Feb 29, 2024 Nov 30, 2023 Aug 31, 2023 May 31, 2023 Feb 28, 2023 Nov 30, 2022 Aug 31, 2022 May 31, 2022 Feb 28, 2022 Nov 30, 2021 Aug 31, 2021 May 31, 2021 Feb 28, 2021 Nov 30, 2020 Aug 31, 2020 May 31, 2020 Feb 29, 2020 Nov 30, 2019 Aug 31, 2019 May 31, 2019 Feb 28, 2019 Nov 30, 2018 Aug 31, 2018 May 31, 2018 Feb 28, 2018 Nov 30, 2017 Aug 31, 2017
Short-term borrowings 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.43 0.21 0.00 0.00 0.41 0.47 0.58 0.00 1.54 0.50 0.00
Current portion of long-term debt 0.08 0.38 0.40 0.14 0.17 0.20 0.16 0.10 0.14 0.14 0.15 0.18 0.78 0.12 0.11 0.07 0.05 0.02 0.05 1.77 1.79 1.20 2.71 2.56 1.47 0.02 0.04
Accrued salaries and employee benefits 2.95 3.10 2.70 2.84 2.64 2.83 2.64 2.94 2.96 3.01 2.68 3.51 2.80 2.66 2.26 2.13 2.10 2.33 2.22 3.20 3.05 3.47 3.25 4.16 3.75 3.80 3.36
Accounts payable 4.39 4.55 4.33 4.42 4.65 4.66 4.86 4.69 4.98 4.97 4.66 4.64 4.82 4.60 4.30 4.45 4.56 4.69 4.64 5.57 5.79 6.38 5.91 5.69 5.98 6.26 5.95
Current portion of operating lease liabilities 2.84 2.76 2.72 2.74 2.85 2.92 2.88 2.84 2.85 2.81 2.76 2.67 2.58 2.62 2.61 2.62 2.72 2.76 2.77 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Accrued expenses 5.19 5.39 5.62 5.45 5.52 5.80 5.51 6.03 5.71 5.54 5.48 5.51 5.41 4.93 5.14 4.80 4.89 5.06 4.83 6.03 5.95 6.29 6.07 5.98 5.58 5.78 6.44
Current liabilities 15.45% 16.18% 15.77% 15.59% 15.83% 16.40% 16.04% 16.60% 16.63% 16.48% 15.73% 16.50% 16.39% 14.93% 14.42% 14.07% 14.75% 15.08% 14.51% 16.57% 16.99% 17.82% 18.51% 18.40% 18.33% 16.36% 15.79%
Long-term debt, less current portion 23.37 22.93 23.00 23.47 23.46 23.46 23.21 23.47 24.25 24.20 25.05 25.05 27.53 28.61 29.88 29.85 27.10 26.72 27.36 30.54 31.61 30.77 29.37 29.13 30.89 30.19 30.67
Deferred income taxes 5.08 4.98 5.08 5.15 5.03 4.89 4.82 4.76 5.15 4.94 4.84 4.74 4.30 4.28 4.08 4.30 4.43 4.39 4.31 5.19 5.90 6.10 5.68 5.48 4.63 6.14 5.53
Pension, postretirement healthcare, and other benefit obligations 2.93 3.24 3.45 3.59 4.41 4.81 4.72 5.17 3.69 3.98 4.21 4.23 5.76 6.27 6.49 6.83 5.95 5.94 6.04 9.37 3.39 3.26 3.78 4.18 4.21 7.69 8.74
Self-insurance accruals 4.45 4.19 4.09 3.83 3.73 3.63 3.54 3.36 3.09 3.08 3.03 2.94 2.79 2.77 2.77 2.86 2.76 2.75 2.81 3.49 3.42 3.46 3.49 3.41 3.31 3.28 3.25
Operating lease liabilities, less current portion 17.28 17.29 17.51 17.63 17.92 17.86 17.61 16.85 17.18 16.56 16.31 16.16 15.69 16.03 16.37 16.58 17.47 17.77 17.73 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Deferred lease obligations 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.98 0.94 1.14 1.07 1.05 1.03 1.26 1.17
Other liabilities 0.80 0.79 0.79 0.80 0.79 0.77 0.76 0.79 0.86 1.15 1.19 1.19 0.98 1.19 0.93 0.63 0.65 0.68 0.70 1.23 1.22 1.24 1.16 1.25 1.17 1.15 1.18
Other long-term liabilities 30.55% 30.49% 30.93% 31.00% 31.87% 31.97% 31.46% 30.93% 29.96% 29.72% 29.57% 29.25% 29.53% 30.54% 30.63% 31.20% 31.26% 31.53% 31.59% 20.25% 14.86% 15.20% 15.18% 15.37% 14.34% 19.53% 19.87%
Long-term liabilities 53.92% 53.42% 53.93% 54.47% 55.33% 55.42% 54.67% 54.40% 54.21% 53.92% 54.62% 54.30% 57.07% 59.15% 60.52% 61.05% 58.36% 58.25% 58.95% 50.79% 46.48% 45.97% 44.55% 44.50% 45.23% 49.72% 50.54%
Total liabilities 69.37% 69.60% 69.70% 70.06% 71.17% 71.83% 70.71% 71.00% 70.84% 70.40% 70.36% 70.80% 73.45% 74.08% 74.94% 75.12% 73.10% 73.33% 73.46% 67.36% 63.47% 63.79% 63.06% 62.90% 63.56% 66.08% 66.33%
Common stock, $0.10 par value 0.04 0.04 0.04 0.04 0.04 0.04 0.04 0.04 0.04 0.04 0.04 0.04 0.04 0.04 0.04 0.04 0.05 0.05 0.05 0.06 0.06 0.06 0.06 0.06 0.06 0.06 0.06
Additional paid-in capital 4.53 4.37 4.34 4.33 4.35 4.07 4.37 4.32 4.38 4.34 4.40 4.21 4.16 4.19 4.35 4.56 4.75 4.70 4.76 5.94 5.89 5.98 6.08 5.96 5.95 6.08 6.14
Retained earnings 43.17 41.57 41.13 40.46 39.69 39.21 38.52 38.12 38.31 37.16 37.13 36.02 33.73 33.53 33.62 34.29 36.52 36.35 36.59 45.31 48.93 48.94 48.78 47.44 45.73 43.33 42.87
Accumulated other comprehensive loss -1.55 -1.47 -1.55 -1.52 -1.52 -1.62 -1.53 -1.28 -1.05 -1.16 -1.07 -0.88 -0.92 -1.11 -1.31 -1.56 -1.27 -1.24 -1.34 -1.59 -1.35 -1.53 -1.47 -1.10 -0.69 -0.86 -0.66
Treasury stock, at cost -15.55 -14.11 -13.66 -13.36 -13.72 -13.52 -12.10 -12.19 -12.52 -10.77 -10.85 -10.18 -10.45 -10.72 -11.63 -12.46 -13.15 -13.19 -13.52 -17.07 -17.00 -17.24 -16.50 -15.25 -14.61 -14.68 -14.74
Common stockholders’ investment 30.63% 30.40% 30.30% 29.94% 28.83% 28.17% 29.29% 29.00% 29.16% 29.60% 29.64% 29.20% 26.55% 25.92% 25.06% 24.88% 26.90% 26.67% 26.54% 32.64% 36.53% 36.21% 36.94% 37.10% 36.44% 33.92% 33.67%
Total liabilities and common stockholders’ investment 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%

Based on: 10-Q (reporting date: 2024-02-29), 10-Q (reporting date: 2023-11-30), 10-Q (reporting date: 2023-08-31), 10-K (reporting date: 2023-05-31), 10-Q (reporting date: 2023-02-28), 10-Q (reporting date: 2022-11-30), 10-Q (reporting date: 2022-08-31), 10-K (reporting date: 2022-05-31), 10-Q (reporting date: 2022-02-28), 10-Q (reporting date: 2021-11-30), 10-Q (reporting date: 2021-08-31), 10-K (reporting date: 2021-05-31), 10-Q (reporting date: 2021-02-28), 10-Q (reporting date: 2020-11-30), 10-Q (reporting date: 2020-08-31), 10-K (reporting date: 2020-05-31), 10-Q (reporting date: 2020-02-29), 10-Q (reporting date: 2019-11-30), 10-Q (reporting date: 2019-08-31), 10-K (reporting date: 2019-05-31), 10-Q (reporting date: 2019-02-28), 10-Q (reporting date: 2018-11-30), 10-Q (reporting date: 2018-08-31), 10-K (reporting date: 2018-05-31), 10-Q (reporting date: 2018-02-28), 10-Q (reporting date: 2017-11-30), 10-Q (reporting date: 2017-08-31).

Balance sheet item Description The company
Current liabilities Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer. FedEx Corp. current liabilities as a percentage of total liabilities and common stockholders’ investment increased from Q1 2024 to Q2 2024 but then decreased significantly from Q2 2024 to Q3 2024.
Long-term liabilities Amount of obligation due after one year or beyond the normal operating cycle, if longer. FedEx Corp. long-term liabilities as a percentage of total liabilities and common stockholders’ investment decreased from Q1 2024 to Q2 2024 but then increased from Q2 2024 to Q3 2024 not reaching Q1 2024 level.
Total liabilities Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future. FedEx Corp. total liabilities as a percentage of total liabilities and common stockholders’ investment decreased from Q1 2024 to Q2 2024 and from Q2 2024 to Q3 2024.
Common stockholders’ investment Total of all stockholders’ equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity stockholders’ equity attributable to the parent excludes the amount of stockholders’ equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity. FedEx Corp. common stockholders’ investment as a percentage of total liabilities and common stockholders’ investment increased from Q1 2024 to Q2 2024 and from Q2 2024 to Q3 2024.