Statement of Comprehensive Income

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, 2024	May 31, 2023	May 31, 2022	May 31, 2021	May 31, 2020	May 31, 2019
Net income	4,331)	3,972)	3,826)	5,231)	1,286)	540)
Foreign currency translation adjustments, net of tax	(60)	(214)	(363)	422)	(254)	(195)
Prior service credit arising during period, net of tax	36)	—)	—)	—)	—)	—)
Amortization of prior service credits and other, net of tax	(8)	(10)	(8)	(7)	(79)	(92)
Other comprehensive income (loss)	(32)	(224)	(371)	415)	(333)	(287)
Comprehensive income	4,299)	3,748)	3,455)	5,646)	953)	253)

Based on: 10-K (reporting date: 2024-05-31), 10-K (reporting date: 2023-05-31), 10-K (reporting date: 2022-05-31), 10-K (reporting date: 2021-05-31), 10-K (reporting date: 2020-05-31), 10-K (reporting date: 2019-05-31).

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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. net income increased from 2022 to 2023 and from 2023 to 2024.
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. Exclude changes in equity resulting from investments by owners and distributions to owners.	FedEx Corp. comprehensive income increased from 2022 to 2023 and from 2023 to 2024.

FedEx Corp. (NYSE:FDX)

Statement of Comprehensive Income