Statement of Comprehensive Income

Beginner level

Comprehensive income is the change in equity (net assets) of a business enterprise during a period from transactions and other events and circumstances from non-owners sources. It includes all changes in equity during a period except those resulting from investments by owners and distributions to owners.

FedEx Corp., consolidated statement of comprehensive income

US$ in millions

12 months ended:	May 31, 2020	May 31, 2019	May 31, 2018	May 31, 2017	May 31, 2016	May 31, 2015
Net income	1,286	540	4,572	2,997	1,820	1,050
Foreign currency translation adjustments, net of tax	(254)	(195)	(74)	(171)	(261)	(334)
Amortization of prior service credit and other, net of tax	(79)	(92)	(89)	(75)	(80)	—
Other comprehensive income (loss)	(333)	(287)	(163)	(246)	(341)	(334)
Comprehensive income	953	253	4,409	2,751	1,479	716

Based on: 10-K (filing date: 2020-07-20), 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).

Comprehensive income item	Description	The company
Net income	The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.	FedEx Corp.’s net income decreased from 2018 to 2019 but then slightly increased from 2019 to 2020.
Comprehensive income	Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income, attributable to parent entity. Excludes changes in equity resulting from investments by owners and distributions to owners.	FedEx Corp.’s comprehensive income decreased from 2018 to 2019 but then slightly increased from 2019 to 2020.

FedEx Corp. (NYSE:FDX)

Statement of Comprehensive Income