FedEx Corp. (FDX)

FedEx Corp., adjusted current assets

US$ in millions

		May 31, 2019	May 31, 2018	May 31, 2017	May 31, 2016	May 31, 2015	May 31, 2014
	As Reported
	Current assets
	Adjustments
	Add: Allowances for doubtful accounts
	Less: Current deferred tax assets1
	After Adjustment
	Adjusted current assets

Based on: 10-K (filing date: 2019-07-16), 10-K (filing date: 2018-07-16), 10-K (filing date: 2017-07-17), 10-K (filing date: 2016-07-18), 10-K (filing date: 2015-07-14), 10-K (filing date: 2014-07-14).

FedEx Corp., adjusted total assets

US$ in millions

		May 31, 2019	May 31, 2018	May 31, 2017	May 31, 2016	May 31, 2015	May 31, 2014
	As Reported
	Total assets
	Adjustments
	Add: Operating lease right-of-use asset (before adoption of FASB Topic 842)1
	Add: Allowances for doubtful accounts
	Less: Current deferred tax assets2
	Less: Noncurrent deferred tax assets (included in Other assets)3
	After Adjustment
	Adjusted total assets

Based on: 10-K (filing date: 2019-07-16), 10-K (filing date: 2018-07-16), 10-K (filing date: 2017-07-17), 10-K (filing date: 2016-07-18), 10-K (filing date: 2015-07-14), 10-K (filing date: 2014-07-14).

FedEx Corp., adjusted total liabilities

US$ in millions

		May 31, 2019	May 31, 2018	May 31, 2017	May 31, 2016	May 31, 2015	May 31, 2014
	As Reported
	Total liabilities
	Adjustments
	Add: Operating lease liability (before adoption of FASB Topic 842)1
	Less: Noncurrent deferred tax liabilities2
	After Adjustment
	Adjusted total liabilities

Based on: 10-K (filing date: 2019-07-16), 10-K (filing date: 2018-07-16), 10-K (filing date: 2017-07-17), 10-K (filing date: 2016-07-18), 10-K (filing date: 2015-07-14), 10-K (filing date: 2014-07-14).

FedEx Corp., adjusted common stockholders’ investment

US$ in millions

		May 31, 2019	May 31, 2018	May 31, 2017	May 31, 2016	May 31, 2015	May 31, 2014
	As Reported
	Common stockholders’ investment
	Adjustments
	Less: Net deferred tax assets (liabilities)1
	Add: Allowances for doubtful accounts
	After Adjustment
	Adjusted common stockholders’ investment

Based on: 10-K (filing date: 2019-07-16), 10-K (filing date: 2018-07-16), 10-K (filing date: 2017-07-17), 10-K (filing date: 2016-07-18), 10-K (filing date: 2015-07-14), 10-K (filing date: 2014-07-14).

FedEx Corp., adjusted capitalization table

US$ in millions

		May 31, 2019	May 31, 2018	May 31, 2017	May 31, 2016	May 31, 2015	May 31, 2014
	As Reported
	Current portion of long-term debt
	Long-term debt, less current portion
	Total reported debt
	Common stockholders’ investment
	Total reported capital
	Adjustments to Debt
	Add: Operating lease liability (before adoption of FASB Topic 842)1
	Adjusted total debt
	Adjustments to Equity
	Less: Net deferred tax assets (liabilities)2
	Add: Allowances for doubtful accounts
	Adjusted common stockholders’ investment
	After Adjustment
	Adjusted total capital

Based on: 10-K (filing date: 2019-07-16), 10-K (filing date: 2018-07-16), 10-K (filing date: 2017-07-17), 10-K (filing date: 2016-07-18), 10-K (filing date: 2015-07-14), 10-K (filing date: 2014-07-14).

FedEx Corp., adjusted net income

US$ in millions

	12 months ended	May 31, 2019	May 31, 2018	May 31, 2017	May 31, 2016	May 31, 2015	May 31, 2014
	As Reported
	Net income
	Adjustments
	Add: Deferred income tax expense (benefit)1
	Add: Increase (decrease) in allowances for doubtful accounts
	Add: Other comprehensive income (loss)
	After Adjustment
	Adjusted net income

Based on: 10-K (filing date: 2019-07-16), 10-K (filing date: 2018-07-16), 10-K (filing date: 2017-07-17), 10-K (filing date: 2016-07-18), 10-K (filing date: 2015-07-14), 10-K (filing date: 2014-07-14).