10-Q Filing

FEDEX CORP CIK: 1048911 Q1 2021

Filing Information

Form Type	10-Q
Accession Number	`0001564590-20-043606`
Period End Date	20200831
Filing Date	20200915
Fiscal Year	2021
Fiscal Period	Q1
XBRL Instance	fdx-10q_20200831_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 81 Income Statement 40 Cash Flow Statement 52 Stockholders Equity 18 Comprehensive Income 14

Balance Sheet 81 line items

Line Item	Tag	Value	Unit	Period
Allowances for receivables	`AllowanceForDoubtfulAccountsReceivableCurrent`	$390.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.32B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$4.88B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$6.95B	USD	Point-in-time
Allowances for receivables	`AllowanceForDoubtfulAccountsReceivableCurrent`	$485.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.39B	USD	Point-in-time
Allowances for spare parts, supplies and fuel	`AllowancesForSparePartsSuppliesAndFuel`	$337.00M	USD	Point-in-time
Allowances for spare parts, supplies and fuel	`AllowancesForSparePartsSuppliesAndFuel`	$335.00M	USD	Point-in-time
Receivables, less allowances of $485 and $390	`ReceivablesNetCurrent`	$10.10B	USD	Point-in-time
Receivables, less allowances of $485 and $390	`ReceivablesNetCurrent`	$10.51B	USD	Point-in-time
Spare parts, supplies and fuel, less allowances of $337 and $335	`SparePartsSuppliesAndFuelLessAllowances`	$572.00M	USD	Point-in-time
Spare parts, supplies and fuel, less allowances of $337 and $335	`SparePartsSuppliesAndFuelLessAllowances`	$593.00M	USD	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$848.00M	USD	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$828.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$16.38B	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.10	USD	Point-in-time
Total current assets	`AssetsCurrent`	$18.90B	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.10	USD	Point-in-time
PROPERTY AND EQUIPMENT, AT COST	`PropertyPlantAndEquipmentGross`	$66.45B	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	800.00M	shares	Point-in-time
PROPERTY AND EQUIPMENT, AT COST	`PropertyPlantAndEquipmentGross`	$65.02B	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	800.00M	shares	Point-in-time
Less accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$31.42B	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	318.00M	shares	Point-in-time
Less accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$32.18B	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	318.00M	shares	Point-in-time
Net property and equipment	`PropertyPlantAndEquipmentNet`	$34.26B	USD	Point-in-time
Net property and equipment	`PropertyPlantAndEquipmentNet`	$33.61B	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$14.50B	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$13.92B	USD	Point-in-time
Goodwill	`Goodwill`	$6.63B	USD	Point-in-time
Goodwill	`Goodwill`	$6.37B	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$3.26B	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$3.35B	USD	Point-in-time
Total other long-term assets	`OtherLongTermAssetsNoncurrentExcludingPropertyAndEquipment`	$24.48B	USD	Point-in-time
Total other long-term assets	`OtherLongTermAssetsNoncurrentExcludingPropertyAndEquipment`	$23.55B	USD	Point-in-time
ASSETS	`Assets`	$73.54B	USD	Point-in-time
ASSETS	`Assets`	$77.65B	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$87.00M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$51.00M	USD	Point-in-time
Accrued salaries and employee benefits	`EmployeeRelatedLiabilitiesCurrent`	$1.76B	USD	Point-in-time
Accrued salaries and employee benefits	`EmployeeRelatedLiabilitiesCurrent`	$1.57B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$3.27B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$3.34B	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$1.92B	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$2.02B	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$3.53B	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$3.99B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$10.34B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$11.20B	USD	Point-in-time
LONG-TERM DEBT, LESS CURRENT PORTION	`LongTermDebtAndCapitalLeaseObligations`	$23.20B	USD	Point-in-time
LONG-TERM DEBT, LESS CURRENT PORTION	`LongTermDebtAndCapitalLeaseObligations`	$21.95B	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$3.17B	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$3.16B	USD	Point-in-time
Pension, postretirement healthcare and other benefit obligations	`PensionAndOtherPostretirementAndPostemploymentBenefitPlansLiabilitiesNoncurrent`	$5.02B	USD	Point-in-time
Pension, postretirement healthcare and other benefit obligations	`PensionAndOtherPostretirementAndPostemploymentBenefitPlansLiabilitiesNoncurrent`	$5.04B	USD	Point-in-time
Self-insurance accruals	`SelfInsuranceAccrualsNoncurrent`	$2.15B	USD	Point-in-time
Self-insurance accruals	`SelfInsuranceAccrualsNoncurrent`	$2.10B	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$12.20B	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$12.71B	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$466.00M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$719.00M	USD	Point-in-time
Total other long-term liabilities	`LiabilitiesOtherThanLongTermDebtNoncurrentExcludingOperatingLeaseLiabilityNoncurrent`	$23.79B	USD	Point-in-time
Total other long-term liabilities	`LiabilitiesOtherThanLongTermDebtNoncurrentExcludingOperatingLeaseLiabilityNoncurrent`	$22.95B	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 August 31, 2020 and May 31, 2020	`CommonStockValue`	$32.00M	USD	Point-in-time
Common stock, $0.10 par value; 800 million shares authorized; 318 million shares issued as of August 31, 2020 and May 31, 2020	`CommonStockValue`	$32.00M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$3.38B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$3.36B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$25.22B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$26.11B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.02B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.15B	USD	Point-in-time
Treasury stock, at cost	`TreasuryStockValue`	$9.03B	USD	Point-in-time
Treasury stock, at cost	`TreasuryStockValue`	$9.16B	USD	Point-in-time
Total common stockholders investment	`StockholdersEquity`	$18.17B	USD	Point-in-time
Total common stockholders investment	`StockholdersEquity`	$19.46B	USD	Point-in-time
Total common stockholders investment	`StockholdersEquity`	$18.30B	USD	Point-in-time
LIABILITIES AND COMMON STOCKHOLDERS' INVESTMENT	`LiabilitiesAndStockholdersEquity`	$77.65B	USD	Point-in-time
LIABILITIES AND COMMON STOCKHOLDERS' INVESTMENT	`LiabilitiesAndStockholdersEquity`	$73.54B	USD	Point-in-time

Income Statement 40 line items

Line Item	Tag	Value	Unit	Period
REVENUE	`RevenueFromContractWithCustomerExcludingAssessedTax`	$19.32B	USD	1 Quarter
REVENUE	`RevenueFromContractWithCustomerExcludingAssessedTax`	$17.05B	USD	1 Quarter
Salaries and employee benefits	`LaborAndRelatedExpense`	$6.09B	USD	1 Quarter
Salaries and employee benefits	`LaborAndRelatedExpense`	$6.85B	USD	1 Quarter
Purchased transportation	`PurchasedTransportationCosts`	$4.98B	USD	1 Quarter
Purchased transportation	`PurchasedTransportationCosts`	$4.03B	USD	1 Quarter
Rentals and landing fees	`RentalsAndLandingFees`	$936.00M	USD	1 Quarter
Rentals and landing fees	`RentalsAndLandingFees`	$920.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$879.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$926.00M	USD	1 Quarter
Fuel	`FuelCosts`	$870.00M	USD	1 Quarter
Fuel	`FuelCosts`	$565.00M	USD	1 Quarter
Maintenance and repairs	`CostOfPropertyRepairsAndMaintenance`	$806.00M	USD	1 Quarter
Maintenance and repairs	`CostOfPropertyRepairsAndMaintenance`	$768.00M	USD	1 Quarter
Other	`OtherCostAndExpenseOperating`	$2.67B	USD	1 Quarter
Other	`OtherCostAndExpenseOperating`	$2.52B	USD	1 Quarter
OPERATING EXPENSES	`CostsAndExpenses`	$17.73B	USD	1 Quarter
OPERATING EXPENSES	`CostsAndExpenses`	$16.07B	USD	1 Quarter
OPERATING INCOME	`OperatingIncomeLoss`	$1.59B	USD	1 Quarter
OPERATING INCOME	`OperatingIncomeLoss`	$977.00M	USD	1 Quarter
Interest, net	`InterestIncomeExpenseNonoperatingNet`	$-184.00M	USD	1 Quarter
Interest, net	`InterestIncomeExpenseNonoperatingNet`	$-137.00M	USD	1 Quarter
Other retirement plans income	`NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent`	$-168.00M	USD	1 Quarter
Other retirement plans income	`NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent`	$-201.00M	USD	1 Quarter
Other, net	`OtherNonoperatingIncomeExpense`	$-1.00M	USD	1 Quarter
Other, net	`OtherNonoperatingIncomeExpense`	$-12.00M	USD	1 Quarter
OTHER INCOME (EXPENSE)	`NonoperatingIncomeExpense`	$19.00M	USD	1 Quarter
OTHER INCOME (EXPENSE)	`NonoperatingIncomeExpense`	$16.00M	USD	1 Quarter
INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$996.00M	USD	1 Quarter
INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$1.61B	USD	1 Quarter
PROVISION FOR INCOME TAXES	`IncomeTaxExpenseBenefit`	$251.00M	USD	1 Quarter
PROVISION FOR INCOME TAXES	`IncomeTaxExpenseBenefit`	$361.00M	USD	1 Quarter
NET INCOME	`NetIncomeLoss`	$745.00M	USD	1 Quarter
NET INCOME	`NetIncomeLoss`	$1.25B	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$4.75	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$2.86	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$4.72	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$2.84	USD	1 Quarter
DIVIDENDS DECLARED PER COMMON SHARE	`CommonStockDividendsPerShareDeclared`	$1.30	USD	1 Quarter
DIVIDENDS DECLARED PER COMMON SHARE	`CommonStockDividendsPerShareDeclared`	$1.30	USD	1 Quarter

Cash Flow Statement 52 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$1.25B	USD	1 Quarter
Net income	`ProfitLoss`	$745.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$879.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$926.00M	USD	1 Quarter
Provision for uncollectible accounts	`ProvisionForDoubtfulAccounts`	$143.00M	USD	1 Quarter
Provision for uncollectible accounts	`ProvisionForDoubtfulAccounts`	$105.00M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$67.00M	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$67.00M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$75.00M	USD	1 Quarter
Other noncash items and deferred income taxes	`OtherNoncashItemsAndDeferredIncomeTaxes`	$694.00M	USD	1 Quarter
Other noncash items and deferred income taxes	`OtherNoncashItemsAndDeferredIncomeTaxes`	$531.00M	USD	1 Quarter
Receivables	`IncreaseDecreaseInReceivables`	$387.00M	USD	1 Quarter
Receivables	`IncreaseDecreaseInReceivables`	$267.00M	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$118.00M	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$30.00M	USD	1 Quarter
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-1.54B	USD	1 Quarter
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$198.00M	USD	1 Quarter
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$50.00M	USD	1 Quarter
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$3.00M	USD	1 Quarter
Cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$565.00M	USD	1 Quarter
Cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$2.65B	USD	1 Quarter
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$1.42B	USD	1 Quarter
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$1.42B	USD	1 Quarter
Proceeds from asset dispositions and other	`PaymentsForProceedsFromAssetDispositionsAndOther`	$1.00M	USD	1 Quarter
Proceeds from asset dispositions and other	`PaymentsForProceedsFromAssetDispositionsAndOther`	$-6.00M	USD	1 Quarter
Cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.42B	USD	1 Quarter
Cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.42B	USD	1 Quarter
Principal payments on debt	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$45.00M	USD	1 Quarter
Principal payments on debt	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$985.00M	USD	1 Quarter
Proceeds from debt issuances	`ProceedsFromIssuanceOfLongTermDebt`	$959.00M	USD	1 Quarter
Proceeds from debt issuances	`ProceedsFromIssuanceOfLongTermDebt`	$2.09B	USD	1 Quarter
Proceeds from stock issuances	`ProceedsFromIssuanceOrSaleOfEquity`	$12.00M	USD	1 Quarter
Proceeds from stock issuances	`ProceedsFromIssuanceOrSaleOfEquity`	$82.00M	USD	1 Quarter
Dividends paid	`PaymentsOfDividends`	$170.00M	USD	1 Quarter
Dividends paid	`PaymentsOfDividends`	$170.00M	USD	1 Quarter
Purchase of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$3.00M	USD	1 Quarter
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-5.00M	USD	1 Quarter
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-1.00M	USD	1 Quarter
Cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$942.00M	USD	1 Quarter
Cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$825.00M	USD	1 Quarter
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-18.00M	USD	1 Quarter
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$15.00M	USD	1 Quarter
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$2.07B	USD	1 Quarter
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$70.00M	USD	1 Quarter
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$2.32B	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$4.88B	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$6.95B	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$2.39B	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$2.32B	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$4.88B	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$6.95B	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$2.39B	USD	Point-in-time

Stockholders Equity 18 line items

Line Item	Tag	Value	Unit	Period
Cash dividends declared, per share	`CommonStockDividendsPerShareDeclared`	$1.30	USD	1 Quarter
Cash dividends declared, per share	`CommonStockDividendsPerShareDeclared`	$1.30	USD	1 Quarter
Other comprehensive income, tax (expense)/benefit	`OtherComprehensiveIncomeLossTax`	$-3.00M	USD	1 Quarter
Other comprehensive income, tax (expense)/benefit	`OtherComprehensiveIncomeLossTax`	$-9.00M	USD	1 Quarter
Purchase of treasury stock	`TreasuryStockSharesAcquired`	0.00	shares	1 Quarter
Purchase of treasury stock	`TreasuryStockSharesAcquired`	20,000.00	shares	1 Quarter
Employee incentive plans and other, shares issued	`StockIssuedDuringPeriodSharesShareBasedCompensation`	1.00M	shares	1 Quarter
Employee incentive plans and other, shares issued	`StockIssuedDuringPeriodSharesShareBasedCompensation`	300,000.00	shares	1 Quarter
Beginning Balance	`StockholdersEquity`	$18.17B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$19.46B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$18.30B	USD	Point-in-time
Net income	`NetIncomeLoss`	$745.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$1.25B	USD	1 Quarter
Other comprehensive income, net of tax (expense)/benefit	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$127.00M	USD	1 Quarter
Other comprehensive income, net of tax (expense)/benefit	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-104.00M	USD	1 Quarter
Ending Balance	`StockholdersEquity`	$18.17B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$19.46B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$18.30B	USD	Point-in-time

Comprehensive Income 14 line items

Line Item	Tag	Value	Unit	Period
NET INCOME	`NetIncomeLoss`	$745.00M	USD	1 Quarter
NET INCOME	`NetIncomeLoss`	$1.25B	USD	1 Quarter
Foreign currency translation adjustments, tax expense (benefit)	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	$-2.00M	USD	1 Quarter
Foreign currency translation adjustments, tax expense (benefit)	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	$-3.00M	USD	1 Quarter
Amortization of prior service credit, tax benefit	`OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditTax`	$6.00M	USD	1 Quarter
Amortization of prior service credit, tax benefit	`OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditTax`	$1.00M	USD	1 Quarter
Foreign currency translation adjustments, net of tax benefit of $2 in 2020 and $3 in 2019	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-83.00M	USD	1 Quarter
Foreign currency translation adjustments, net of tax benefit of $2 in 2020 and $3 in 2019	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$129.00M	USD	1 Quarter
Amortization of prior service credit, net of tax benefit of $1 in 2020 and $6 in 2019	`OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax`	$-21.00M	USD	1 Quarter
Amortization of prior service credit, net of tax benefit of $1 in 2020 and $6 in 2019	`OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax`	$-2.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$127.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-104.00M	USD	1 Quarter
COMPREHENSIVE INCOME	`ComprehensiveIncomeNetOfTax`	$1.37B	USD	1 Quarter
COMPREHENSIVE INCOME	`ComprehensiveIncomeNetOfTax`	$641.00M	USD	1 Quarter

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