10-Q Filing

FEDEX CORP CIK: 1048911 Q2 2024

Filing Information

Form Type	10-Q
Accession Number	`0000950170-23-071495`
Period End Date	20231130
Filing Date	20231219
Fiscal Year	2024
Fiscal Period	Q2
XBRL Instance	fdx-20231130_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 79 Income Statement 84 Cash Flow Statement 57 Comprehensive Income 33

Balance Sheet 79 line items

Line Item	Tag	Value	Unit	Period
Allowances for receivables	`AllowanceForDoubtfulAccountsReceivableCurrent`	$800.00M	USD	Point-in-time
Allowances for receivables	`AllowanceForDoubtfulAccountsReceivableCurrent`	$767.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$6.73B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$6.86B	USD	Point-in-time
Allowances for spare parts, supplies and fuel	`AllowancesForSparePartsSuppliesAndFuel`	$276.00M	USD	Point-in-time
Allowances for spare parts, supplies and fuel	`AllowancesForSparePartsSuppliesAndFuel`	$286.00M	USD	Point-in-time
Receivables, less allowances of $767 and $800	`ReceivablesNetCurrent`	$10.19B	USD	Point-in-time
Receivables, less allowances of $767 and $800	`ReceivablesNetCurrent`	$10.66B	USD	Point-in-time
Spare parts, supplies, and fuel, less allowances of $286 and $276	`SparePartsSuppliesAndFuelLessAllowances`	$604.00M	USD	Point-in-time
Spare parts, supplies, and fuel, less allowances of $286 and $276	`SparePartsSuppliesAndFuelLessAllowances`	$632.00M	USD	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$962.00M	USD	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$1.09B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$18.61B	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.10	USD	Point-in-time
Total current assets	`AssetsCurrent`	$19.12B	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.10	USD	Point-in-time
PROPERTY AND EQUIPMENT, AT COST	`PropertyPlantAndEquipmentGross`	$80.62B	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	800.00M	shares	Point-in-time
PROPERTY AND EQUIPMENT, AT COST	`PropertyPlantAndEquipmentGross`	$83.28B	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	800.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	318.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	318.00M	shares	Point-in-time
Less accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$41.75B	USD	Point-in-time
Less accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$39.93B	USD	Point-in-time
Net property and equipment	`PropertyPlantAndEquipmentNet`	$40.70B	USD	Point-in-time
Net property and equipment	`PropertyPlantAndEquipmentNet`	$41.53B	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$17.24B	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$17.35B	USD	Point-in-time
Goodwill	`Goodwill`	$6.43B	USD	Point-in-time
Goodwill	`Goodwill`	$6.47B	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$4.05B	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$3.69B	USD	Point-in-time
Total other long-term assets	`OtherLongTermAssetsNoncurrentExcludingPropertyAndEquipment`	$27.40B	USD	Point-in-time
Total other long-term assets	`OtherLongTermAssetsNoncurrentExcludingPropertyAndEquipment`	$27.84B	USD	Point-in-time
ASSETS	`Assets`	$88.05B	USD	Point-in-time
ASSETS	`Assets`	$87.14B	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$334.00M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$126.00M	USD	Point-in-time
Accrued salaries and employee benefits	`EmployeeRelatedLiabilitiesCurrent`	$2.73B	USD	Point-in-time
Accrued salaries and employee benefits	`EmployeeRelatedLiabilitiesCurrent`	$2.48B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$3.85B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$4.00B	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$2.39B	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$2.43B	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$4.75B	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$4.75B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$13.59B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$14.25B	USD	Point-in-time
LONG-TERM DEBT, LESS CURRENT PORTION	`LongTermDebtAndCapitalLeaseObligations`	$20.45B	USD	Point-in-time
LONG-TERM DEBT, LESS CURRENT PORTION	`LongTermDebtAndCapitalLeaseObligations`	$20.19B	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$4.39B	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$4.49B	USD	Point-in-time
Pension, postretirement healthcare, and other benefit obligations	`PensionAndOtherPostretirementAndPostemploymentBenefitPlansLiabilitiesNoncurrent`	$3.13B	USD	Point-in-time
Pension, postretirement healthcare, and other benefit obligations	`PensionAndOtherPostretirementAndPostemploymentBenefitPlansLiabilitiesNoncurrent`	$2.85B	USD	Point-in-time
Self-insurance accruals	`SelfInsuranceAccrualsNoncurrent`	$3.69B	USD	Point-in-time
Self-insurance accruals	`SelfInsuranceAccrualsNoncurrent`	$3.34B	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$15.36B	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$15.22B	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$694.00M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$695.00M	USD	Point-in-time
Total other long-term liabilities	`LiabilitiesOtherThanLongtermDebtNoncurrent`	$26.84B	USD	Point-in-time
Total other long-term liabilities	`LiabilitiesOtherThanLongtermDebtNoncurrent`	$27.02B	USD	Point-in-time
COMMITMENTS AND CONTINGENCIES	`CommitmentsAndContingencies`	-	USD	Point-in-time
COMMITMENTS AND CONTINGENCIES	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, $0.10 par value; 800 million shares authorized; 318 million shares issued as of November 30, 2023 and May 31, 2023	`CommonStockValue`	$32.00M	USD	Point-in-time
Common stock, $0.10 par value; 800 million shares authorized; 318 million shares issued as of November 30, 2023 and May 31, 2023	`CommonStockValue`	$32.00M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$3.77B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$3.85B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$35.26B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$36.60B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.29B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.33B	USD	Point-in-time
Treasury stock, at cost	`TreasuryStockValue`	$12.43B	USD	Point-in-time
Treasury stock, at cost	`TreasuryStockValue`	$11.64B	USD	Point-in-time
Total common stockholders investment	`StockholdersEquity`	$26.77B	USD	Point-in-time
Total common stockholders investment	`StockholdersEquity`	$26.09B	USD	Point-in-time
Total common stockholders investment	`StockholdersEquity`	$24.11B	USD	Point-in-time
LIABILITIES AND COMMON STOCKHOLDERS' INVESTMENT	`LiabilitiesAndStockholdersEquity`	$88.05B	USD	Point-in-time
LIABILITIES AND COMMON STOCKHOLDERS' INVESTMENT	`LiabilitiesAndStockholdersEquity`	$87.14B	USD	Point-in-time

Income Statement 84 line items

Line Item	Tag	Value	Unit	Period
REVENUE	`RevenueFromContractWithCustomerExcludingAssessedTax`	$46.06B	USD	2 Qtrs
REVENUE	`RevenueFromContractWithCustomerExcludingAssessedTax`	$22.81B	USD	1 Quarter
REVENUE	`RevenueFromContractWithCustomerExcludingAssessedTax`	$43.85B	USD	2 Qtrs
REVENUE	`RevenueFromContractWithCustomerExcludingAssessedTax`	$22.16B	USD	1 Quarter
Salaries and employee benefits	`LaborAndRelatedExpense`	$15.65B	USD	2 Qtrs
Salaries and employee benefits	`LaborAndRelatedExpense`	$7.79B	USD	1 Quarter
Salaries and employee benefits	`LaborAndRelatedExpense`	$15.62B	USD	2 Qtrs
Salaries and employee benefits	`LaborAndRelatedExpense`	$7.83B	USD	1 Quarter
Purchased transportation	`PurchasedTransportationCosts`	$5.67B	USD	1 Quarter
Purchased transportation	`PurchasedTransportationCosts`	$10.43B	USD	2 Qtrs
Purchased transportation	`PurchasedTransportationCosts`	$5.39B	USD	1 Quarter
Purchased transportation	`PurchasedTransportationCosts`	$11.43B	USD	2 Qtrs
Rentals and landing fees	`RentalsAndLandingFees`	$2.35B	USD	2 Qtrs
Rentals and landing fees	`RentalsAndLandingFees`	$1.14B	USD	1 Quarter
Rentals and landing fees	`RentalsAndLandingFees`	$1.20B	USD	1 Quarter
Rentals and landing fees	`RentalsAndLandingFees`	$2.29B	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.04B	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.05B	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$2.11B	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$2.07B	USD	2 Qtrs
Fuel	`FuelCosts`	$3.42B	USD	2 Qtrs
Fuel	`FuelCosts`	$1.33B	USD	1 Quarter
Fuel	`FuelCosts`	$2.43B	USD	2 Qtrs
Fuel	`FuelCosts`	$1.59B	USD	1 Quarter
Maintenance and repairs	`CostOfPropertyRepairsAndMaintenance`	$1.79B	USD	2 Qtrs
Maintenance and repairs	`CostOfPropertyRepairsAndMaintenance`	$1.68B	USD	2 Qtrs
Maintenance and repairs	`CostOfPropertyRepairsAndMaintenance`	$854.00M	USD	1 Quarter
Maintenance and repairs	`CostOfPropertyRepairsAndMaintenance`	$882.00M	USD	1 Quarter
Business optimization and realignment costs	`BusinessOptimizationAndRealignmentCosts`	$145.00M	USD	1 Quarter
Business optimization and realignment costs	`BusinessOptimizationAndRealignmentCosts`	$36.00M	USD	1 Quarter
Business optimization and realignment costs	`BusinessOptimizationAndRealignmentCosts`	$250.00M	USD	2 Qtrs
Business optimization and realignment costs	`BusinessOptimizationAndRealignmentCosts`	$74.00M	USD	2 Qtrs
Other	`OtherCostAndExpenseOperating`	$3.16B	USD	1 Quarter
Other	`OtherCostAndExpenseOperating`	$3.43B	USD	1 Quarter
Other	`OtherCostAndExpenseOperating`	$6.28B	USD	2 Qtrs
Other	`OtherCostAndExpenseOperating`	$6.91B	USD	2 Qtrs
OPERATING EXPENSES	`CostsAndExpenses`	$41.09B	USD	2 Qtrs
OPERATING EXPENSES	`CostsAndExpenses`	$21.64B	USD	1 Quarter
OPERATING EXPENSES	`CostsAndExpenses`	$20.89B	USD	1 Quarter
OPERATING EXPENSES	`CostsAndExpenses`	$43.69B	USD	2 Qtrs
OPERATING INCOME	`OperatingIncomeLoss`	$1.18B	USD	1 Quarter
OPERATING INCOME	`OperatingIncomeLoss`	$1.28B	USD	1 Quarter
OPERATING INCOME	`OperatingIncomeLoss`	$2.76B	USD	2 Qtrs
OPERATING INCOME	`OperatingIncomeLoss`	$2.37B	USD	2 Qtrs
Interest, net	`InterestIncomeExpenseNonoperatingNet`	$-97.00M	USD	1 Quarter
Interest, net	`InterestIncomeExpenseNonoperatingNet`	$-188.00M	USD	2 Qtrs
Interest, net	`InterestIncomeExpenseNonoperatingNet`	$-269.00M	USD	2 Qtrs
Interest, net	`InterestIncomeExpenseNonoperatingNet`	$-127.00M	USD	1 Quarter
Other retirement plans, net	`NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent`	$-202.00M	USD	2 Qtrs
Other retirement plans, net	`NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent`	$-101.00M	USD	1 Quarter
Other retirement plans, net	`NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent`	$-80.00M	USD	2 Qtrs
Other retirement plans, net	`NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent`	$-41.00M	USD	1 Quarter
Other, net	`OtherNonoperatingIncomeExpense`	$-28.00M	USD	2 Qtrs
Other, net	`OtherNonoperatingIncomeExpense`	$-87.00M	USD	2 Qtrs
Other, net	`OtherNonoperatingIncomeExpense`	$-18.00M	USD	1 Quarter
Other, net	`OtherNonoperatingIncomeExpense`	$-91.00M	USD	1 Quarter
OTHER (EXPENSE) INCOME	`NonoperatingIncomeExpense`	$-136.00M	USD	2 Qtrs
OTHER (EXPENSE) INCOME	`NonoperatingIncomeExpense`	$-74.00M	USD	1 Quarter
OTHER (EXPENSE) INCOME	`NonoperatingIncomeExpense`	$-154.00M	USD	2 Qtrs
OTHER (EXPENSE) INCOME	`NonoperatingIncomeExpense`	$-117.00M	USD	1 Quarter
INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.20B	USD	1 Quarter
INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$2.21B	USD	2 Qtrs
INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.06B	USD	1 Quarter
INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$2.62B	USD	2 Qtrs
PROVISION FOR INCOME TAXES	`IncomeTaxExpenseBenefit`	$647.00M	USD	2 Qtrs
PROVISION FOR INCOME TAXES	`IncomeTaxExpenseBenefit`	$550.00M	USD	2 Qtrs
PROVISION FOR INCOME TAXES	`IncomeTaxExpenseBenefit`	$271.00M	USD	1 Quarter
PROVISION FOR INCOME TAXES	`IncomeTaxExpenseBenefit`	$302.00M	USD	1 Quarter
NET INCOME	`NetIncomeLoss`	$788.00M	USD	1 Quarter
NET INCOME	`NetIncomeLoss`	$1.66B	USD	2 Qtrs
NET INCOME	`NetIncomeLoss`	$1.98B	USD	2 Qtrs
NET INCOME	`NetIncomeLoss`	$900.00M	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$6.46	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$3.08	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$3.59	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$7.88	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$7.79	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$3.07	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$6.41	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$3.55	USD	1 Quarter
DIVIDENDS DECLARED PER COMMON SHARE	`CommonStockDividendsPerShareDeclared`	$1.26	USD	1 Quarter
DIVIDENDS DECLARED PER COMMON SHARE	`CommonStockDividendsPerShareDeclared`	$2.52	USD	2 Qtrs
DIVIDENDS DECLARED PER COMMON SHARE	`CommonStockDividendsPerShareDeclared`	$1.15	USD	1 Quarter
DIVIDENDS DECLARED PER COMMON SHARE	`CommonStockDividendsPerShareDeclared`	$3.45	USD	2 Qtrs

Cash Flow Statement 57 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$1.98B	USD	2 Qtrs
Net income	`ProfitLoss`	$1.66B	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.04B	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.05B	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$2.11B	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$2.07B	USD	2 Qtrs
Provision for uncollectible accounts	`ProvisionForDoubtfulAccounts`	$113.00M	USD	1 Quarter
Provision for uncollectible accounts	`ProvisionForDoubtfulAccounts`	$425.00M	USD	2 Qtrs
Provision for uncollectible accounts	`ProvisionForDoubtfulAccounts`	$180.00M	USD	1 Quarter
Provision for uncollectible accounts	`ProvisionForDoubtfulAccounts`	$216.00M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$108.00M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$96.00M	USD	2 Qtrs
Other noncash items including leases and deferred income taxes	`OtherNoncashItemsIncludingLeasesAndDeferredIncomeTax`	$1.59B	USD	2 Qtrs
Other noncash items including leases and deferred income taxes	`OtherNoncashItemsIncludingLeasesAndDeferredIncomeTax`	$1.43B	USD	2 Qtrs
Business optimization and realignment costs, net of payments	`BusinessOptimizationAndRealignmentCostsNetOfPayments`	$28.00M	USD	2 Qtrs
Business optimization and realignment costs, net of payments	`BusinessOptimizationAndRealignmentCostsNetOfPayments`	$40.00M	USD	2 Qtrs
Receivables	`IncreaseDecreaseInReceivables`	$687.00M	USD	2 Qtrs
Receivables	`IncreaseDecreaseInReceivables`	$512.00M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$110.00M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$214.00M	USD	2 Qtrs
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-1.99B	USD	2 Qtrs
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-975.00M	USD	2 Qtrs
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$24.00M	USD	2 Qtrs
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-30.00M	USD	2 Qtrs
Cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$4.00B	USD	2 Qtrs
Cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$3.12B	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$3.14B	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$2.60B	USD	2 Qtrs
Purchase of investments	`PaymentsToAcquireInvestments`	$78.00M	USD	2 Qtrs
Purchase of investments	`PaymentsToAcquireInvestments`	$75.00M	USD	2 Qtrs
Proceeds from asset dispositions and other	`PaymentsForProceedsFromAssetDispositionsAndOther`	$-62.00M	USD	2 Qtrs
Proceeds from asset dispositions and other	`PaymentsForProceedsFromAssetDispositionsAndOther`	$-20.00M	USD	2 Qtrs
Cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-2.61B	USD	2 Qtrs
Cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-3.20B	USD	2 Qtrs
Principal payments on debt	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$94.00M	USD	2 Qtrs
Principal payments on debt	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$32.00M	USD	2 Qtrs
Proceeds from stock issuances	`ProceedsFromIssuanceOrSaleOfEquity`	$211.00M	USD	2 Qtrs
Proceeds from stock issuances	`ProceedsFromIssuanceOrSaleOfEquity`	$89.00M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividends`	$598.00M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividends`	$635.00M	USD	2 Qtrs
Purchase of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$1.50B	USD	2 Qtrs
Purchase of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$1.00B	USD	2 Qtrs
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$1.00M	USD	2 Qtrs
Cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.52B	USD	2 Qtrs
Cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-2.04B	USD	2 Qtrs
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$-5.00M	USD	2 Qtrs
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$-136.00M	USD	2 Qtrs
Net decrease in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-2.25B	USD	2 Qtrs
Net decrease in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-127.00M	USD	2 Qtrs
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$6.86B	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$6.73B	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$4.65B	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$6.90B	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$6.86B	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$6.73B	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$4.65B	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$6.90B	USD	Point-in-time

Comprehensive Income 33 line items

Line Item	Tag	Value	Unit	Period
Net Income (Loss)	`NetIncomeLoss`	$788.00M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$1.66B	USD	2 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$1.98B	USD	2 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$900.00M	USD	1 Quarter
Foreign currency translation adjustments, tax (expense) benefit	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	$3.00M	USD	1 Quarter
Foreign currency translation adjustments, tax (expense) benefit	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	$-9.00M	USD	1 Quarter
Foreign currency translation adjustments, tax (expense) benefit	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	$-1.00M	USD	2 Qtrs
Foreign currency translation adjustments, tax (expense) benefit	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	$-27.00M	USD	2 Qtrs
Foreign currency translation adjustments, net of tax (expense) benefit of ($3) and $1 in 2023 and $9 and $27 in 2022	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-70.00M	USD	1 Quarter
Foreign currency translation adjustments, net of tax (expense) benefit of ($3) and $1 in 2023 and $9 and $27 in 2022	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$28.00M	USD	1 Quarter
Prior service credit arising during period, net of tax (expense)	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansBenefitPlanImprovementTaxEffect`	$-11.00M	USD	1 Quarter
Foreign currency translation adjustments, net of tax (expense) benefit of ($3) and $1 in 2023 and $9 and $27 in 2022	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-279.00M	USD	2 Qtrs
Prior service credit arising during period, net of tax (expense)	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansBenefitPlanImprovementTaxEffect`	$-11.00M	USD	2 Qtrs
Prior service credit arising during period, net of tax (expense)	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansBenefitPlanImprovementTaxEffect`	-	USD	2 Qtrs
Prior service credit arising during period, net of tax (expense)	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansBenefitPlanImprovementTaxEffect`	-	USD	1 Quarter
Prior service credit arising during period, net of tax (expense) of ($11) and ($11) in 2023 and $0 and $0 in 2022	`OtherComprehensiveIncomeDefinedBenefitPlanNetPriorServiceCostsCreditArisingDuringPeriodNetOfTax`	$-36.00M	USD	1 Quarter
Amortization of prior service credit, tax benefit	`OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditTax`	$1.00M	USD	2 Qtrs
Amortization of prior service credit, tax benefit	`OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditTax`	-	USD	2 Qtrs
Amortization of prior service credit, tax benefit	`OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditTax`	-	USD	1 Quarter
Amortization of prior service credit, tax benefit	`OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditTax`	$1.00M	USD	1 Quarter
Prior service credit arising during period, net of tax (expense) of ($11) and ($11) in 2023 and $0 and $0 in 2022	`OtherComprehensiveIncomeDefinedBenefitPlanNetPriorServiceCostsCreditArisingDuringPeriodNetOfTax`	$-36.00M	USD	2 Qtrs
Amortization of prior service credit, net of benefit of $0 and $0 in 2023 and $1 and $1 in 2022	`OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax`	$-3.00M	USD	2 Qtrs
Amortization of prior service credit, net of benefit of $0 and $0 in 2023 and $1 and $1 in 2022	`OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax`	$-1.00M	USD	1 Quarter
Amortization of prior service credit, net of benefit of $0 and $0 in 2023 and $1 and $1 in 2022	`OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax`	$-2.00M	USD	1 Quarter
Amortization of prior service credit, net of benefit of $0 and $0 in 2023 and $1 and $1 in 2022	`OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax`	$-3.00M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$62.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-282.00M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-71.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$33.00M	USD	2 Qtrs
COMPREHENSIVE INCOME	`ComprehensiveIncomeNetOfTax`	$717.00M	USD	1 Quarter
COMPREHENSIVE INCOME	`ComprehensiveIncomeNetOfTax`	$2.01B	USD	2 Qtrs
COMPREHENSIVE INCOME	`ComprehensiveIncomeNetOfTax`	$1.38B	USD	2 Qtrs
COMPREHENSIVE INCOME	`ComprehensiveIncomeNetOfTax`	$962.00M	USD	1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.