FedEx Express, FedEx Ground and FedEx Freight represent our major service lines and, along with FedEx Services, constitute our reportable segments. Our reportable segments include the following businesses:

The FedEx Services segment operates combined sales, marketing, administrative and information-technology functions in shared services operations that support our transportation businesses and allow us to obtain synergies from the combination of these functions. For the international regions of FedEx Express, some of these functions are performed on a regional basis and reported by FedEx Express in their natural expense line items. The FedEx Services segment includes: FedEx Services, which provides sales, marketing, information technology, communications, customer service, technical support, billing and collection services for U.S. customers of our major business units and certain back-office support to our other companies; and FedEx Office, which provides an array of document and business services and retail access to our customers for our package transportation businesses.

The FedEx Services segment provides direct and indirect support to our transportation businesses, and we allocate all of the net operating costs of the FedEx Services segment (including the net operating results of FedEx Office) to reflect the full cost of operating our transportation businesses in the results of those segments. Within the FedEx Services segment allocation, the net operating results of FedEx Office, which are an immaterial component of our allocations, are allocated to FedEx Express and FedEx Ground. We review and evaluate the performance of our transportation segments based on operating income (inclusive of FedEx Services segment allocations). For the FedEx Services segment, performance is evaluated based on the impact of its total allocated net operating costs on our transportation segments.

Operating expenses for each of our transportation segments include the allocations from the FedEx Services segment to the respective transportation segments. These allocations also include charges and credits for administrative services provided between operating companies. The allocations of net operating costs are based on metrics such as relative revenues or estimated services provided. We believe these allocations approximate the net cost of providing these functions. Our allocation methodologies are refined periodically, as necessary, to reflect changes in our businesses.

Corporate and other includes corporate headquarters costs for executive officers and certain legal and finance functions, as well as certain other costs and credits not attributed to our core business. These costs are not allocated to the other business segments.

Also included in corporate and other is the FedEx Logistics operating segment, which provides customs brokerage and global ocean and air freight forwarding through FedEx Trade Networks Transport & Brokerage, Inc.; cross-border enablement and technology solutions and e-commerce transportation solutions through FedEx Cross Border Technologies, Inc., including its subsidiary P2P; integrated supply chain management solutions through FedEx Supply Chain; time-critical shipment services through FedEx Custom Critical, Inc.; and, effective September 1, 2018, critical inventory and service parts logistics, 3-D printing and technology repair through FedEx Forward Depots, Inc.

Certain FedEx operating companies provide transportation and related services for other FedEx companies outside their reportable segment. Billings for such services are based on negotiated rates, which we believe approximate fair value, and are reflected as revenues of the billing segment. These rates are adjusted from time to time based on market conditions. Such intersegment revenues and expenses are eliminated in our consolidated results and are not separately identified in the following segment information, because the amounts are not material.

The following table provides a reconciliation of reportable segment revenues, depreciation and amortization, operating income (loss) and segment assets to consolidated financial statement totals (in millions) for the years ended or as of May 31:

	FedEx Express Segment		FedEx Ground Segment		FedEx Freight Segment			FedEx Services Segment		Corporate, other and eliminations				Consolidated Total
Revenues
2019	$	37,331	$	20,522	$	7,582		$	1,691	$	2,567			$	69,693
2018		36,172		18,395		6,812			1,650		2,421				65,450
2017		33,824		16,503		6,070			1,621		2,301				60,319
Depreciation and amortization
2019	$	1,801	$	728	$	332		$	424	$	68			$	3,353
2018		1,679		681		296			382		57				3,095
2017		1,662		627		265			371		70				2,995
Operating income (loss)
2019⁽¹⁾	$	2,123	$	2,640	$	615		$	—	$	(912	)		$	4,466
2018⁽²⁾		2,105		2,529		490			—		(852	)			4,272
2017⁽³⁾		2,380		2,243		371			—		(428	)			4,566
Segment assets⁽⁴⁾
2019	$	33,247	$	17,561	$	4,736		$	6,972	$	(8,113	)		$	54,403
2018		31,753		15,458		4,251	⁽⁵⁾		6,377		(5,509	)	⁽⁵⁾		52,330
2017		31,307		12,969		3,740	⁽⁵⁾		5,682		(5,146	)	⁽⁵⁾		48,552

⁽¹⁾

Includes TNT Express integration expenses and restructuring charges of $388 million. These expenses are included in “Corporate, other and eliminations” and the FedEx Express segment. Also includes business realignment costs of $320 million and costs incurred in connection with the settlement of a legal matter involving FedEx Ground of $46 million.

⁽²⁾	Includes TNT Express integration expenses and restructuring charges of $477 million. These expenses are included in “Corporate, other and eliminations” and the FedEx Express segment. Also includes goodwill and other asset impairment charges of $380 million.

⁽³⁾

Includes TNT Express integration expenses and restructuring charges of $327 million. These expenses are included in “Corporate, other and eliminations” and the FedEx Express segment. Also includes $39 million of charges for legal reserves related to certain U.S. Customs and Border Protection (“CBP”) matters involving FedEx Logistics and $22 million of charges in connection with the settlement of and certain expected losses relating to independent contractor litigation matters at FedEx Ground.

⁽⁴⁾	Segment assets include intercompany receivables.

⁽⁵⁾	Amounts revised for reclassification of eliminations.

The following table provides a reconciliation of reportable segment capital expenditures to consolidated totals for the years ended May 31 (in millions):

The following table presents revenue by service type and geographic information for the years ended or as of May 31 (in millions):

	2019		2018⁽¹⁾		2017⁽¹⁾
REVENUE BY SERVICE TYPE
FedEx Express segment:
Package:
U.S. overnight box	$	7,663	$	7,273	$	6,955
U.S. overnight envelope		1,829		1,788		1,750
U.S. deferred		4,225		3,738		3,526
Total U.S. domestic package revenue		13,717		12,799		12,231
International priority		7,405		7,461		7,045
International economy		3,446		3,255		2,876
Total international export package revenue		10,851		10,716		9,921
International domestic⁽²⁾		4,540		4,637		4,277
Total package revenue		29,108		28,152		26,429
Freight:
U.S.		3,025		2,797		2,527
International priority		2,070		2,105		1,836
International economy		2,123		1,916		1,738
International airfreight		314		368		356
Total freight revenue		7,532		7,186		6,457
Other		691		834		938
Total FedEx Express segment		37,331		36,172		33,824
FedEx Ground segment		20,522		18,395		16,503
FedEx Freight segment		7,582		6,812		6,070
FedEx Services segment		1,691		1,650		1,621
Other and eliminations⁽³⁾		2,567		2,421		2,301
	$	69,693	$	65,450	$	60,319
GEOGRAPHICAL INFORMATION⁽⁴⁾
Revenues:
U.S.	$	47,584	$	43,581	$	40,269
International:
FedEx Express segment		20,424		20,417		18,817
FedEx Ground segment		467		407		331
FedEx Freight segment		207		181		149
FedEx Services segment		1		3		10
Other		1,010		861		743
Total international revenue		22,109		21,869		20,050
	$	69,693	$	65,450	$	60,319
Noncurrent assets:
U.S.	$	33,189	$	30,362	$	28,141
International		8,128		8,627		7,783
	$	41,317	$	38,989	$	35,924

⁽¹⁾	Prior year amounts have been revised to conform to the current year presentation.

⁽²⁾	International domestic revenues relate to our intra-country operations.

⁽³⁾	Includes the FedEx Logistics operating segment.

⁽⁴⁾

International revenue includes shipments that either originate in or are destined to locations outside the United States, which could include U.S. payors. Noncurrent assets include property and equipment, goodwill and other long-term assets. Our flight equipment is registered in the U.S. and is included as U.S. assets; however, many of our aircraft operate internationally.