v3.25.2
GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)
 12 Months Ended
May 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill The carrying amount of goodwill attributable to each reportable operating segment and changes therein are as follows (in millions):
Federal Express
Segment		FedEx Freight
Segment		Corporate, Other, and EliminationsTotal
Goodwill at May 31, 2023$5,781 $771 $1,961 $8,513 
Accumulated impairment charges— (133)(1,945)(2,078)
Balance as of May 31, 20235,781 638 16 6,435 
Other(1)
(12)— — (12)
Balance as of May 31, 20245,769 638 16 6,423 
Goodwill acquired(2)
38 — — 38 
Other(1)
142 — — 142 
Balance as of May 31, 2025$5,949 $638 $16 $6,603 
Accumulated goodwill impairment charges as of May 31, 2025$— $(133)$(1,945)$(2,078)
(1)Primarily currency translation adjustments.
(2)Goodwill acquired related to the acquisition of RouteSmart Technologies. See Note 4 for more information.
Schedule of Identifiable Intangible Assets The summary of our intangible assets and related accumulated amortization at May 31, 2025 and 2024 is as follows (in millions):
20252024
Gross
Carrying
Amount		Accumulated
Amortization		Net Book
Value		Gross
Carrying
Amount		Accumulated
Amortization		Net Book
Value
Customer relationships$580 $(454)$126 $570 $(405)$165 
Technology132 (53)79 62 (46)16 
Trademarks and other1 (1)— 1 (1)— 
Total$713 $(508)$205 $633 $(452)$181 
Schedule of Expected Amortization Expense
Expected amortization expense for the next five years is as follows (in millions):
2026$54 
202753 
202850 
202911 
2030$10