Goodwill and Other Intangible Assets (Tables)

12 Months Ended

May 31, 2020

The carrying amount of goodwill attributable to each reportable operating segment and changes therein are as follows (in millions):

	FedEx Express Segment			FedEx Ground Segment		FedEx Freight Segment			Corporate, Other and Eliminations			Total
Goodwill at May 31, 2018	$	5,100		$	840	$	767		$	1,950		$	8,657
Accumulated impairment charges		—			—		(133	)		(1,551	)		(1,684	)
Balance as of May 31, 2018		5,100			840		634			399			6,973
Goodwill acquired⁽¹⁾		126			—		—			—			126
Other⁽²⁾		(210	)		—		—			(5	)		(215	)
Balance as of May 31, 2019		5,016			840		634			394			6,884
Impairment charges		—			—		—			(358	)		(358	)
Other⁽²⁾		(147	)		—		—			(7	)		(154	)
Balance as of May 31, 2020	$	4,869		$	840	$	634		$	29		$	6,372
Accumulated goodwill impairment charges as of May 31, 2020	$	—		$	—	$	(133	)	$	(1,909	)	$	(2,042	)

⁽¹⁾	^{Goodwill acquired relates to the acquisitions of Flying Cargo and the controlling interest in an existing joint venture with Swiss Post. See Note 3 for more information.}

⁽²⁾	^{Primarily currency translation adjustments, purchase price allocation-related adjustments, and acquired goodwill related to immaterial acquisitions.}

The summary of our intangible assets and related accumulated amortization at May 31, 2020 and 2019 is as follows (in millions):

Expected amortization expense for the next five years is as follows (in millions):