For the quarter ending 2025-11-30, FDX had $404M increase in cash & cash equivalents over the period. $1,194M in free cash flow.
| Cash Flow | 2025-11-30 | 2025-08-31 | 2025-05-31 | 2025-02-28 |
|---|---|---|---|---|
| Net income | 956 | 824 | 4,092 | 909 |
| Depreciation and amortization | 1,068 | 1,092 | 1,057 | 1,066 |
| Provision for uncollectible accounts | 250 | 219 | 139 | 132 |
| Other noncash items including leases and deferred income taxes | -719 | -718 | -803 | -764 |
| Stock-based compensation | 43 | 56 | 38 | 32 |
| Retirement plans mark-to-market adjustments | - | - | -515 | - |
| Goodwill and other asset impairment charges | - | - | 21 | - |
| Separation and other costs, net of payments | 119 | 27 | - | - |
| Business optimization and realignment costs, net of payments | - | - | -43 | - |
| Business optimization costs, net of payments | -240 | 224 | - | 11 |
| Receivables | 979 | 336 | 1,088 | -387 |
| Other current assets | - | - | -90 | - |
| Pension and postretirement healthcare assets and liabilities, net | - | - | -553 | - |
| Other assets | 93 | 92 | - | -43 |
| Accounts payable and other liabilities | -154 | 2,812 | -2,445 | -1,296 |
| Other, net | -42 | 43 | 56 | 14 |
| Cash provided by operating activities | 1,951 | 1,716 | 2,519 | 2,012 |
| Capital expenditures | 757 | 623 | 1,473 | 997 |
| Purchase of investments | 292 | 34 | 65 | 90 |
| Proceeds from sale of investments | 147 | -47 | 110 | 25 |
| Proceeds from asset dispositions and other investing activities, net | 41 | 8 | 73 | 8 |
| Cash used in investing activities | -861 | -619 | -1,432 | -1,054 |
| Proceeds from debt issuances | 0 | 997 | - | - |
| Principal payments on debt | 22 | 625 | 68 | 42 |
| Proceeds from stock issuances | 32 | 18 | 52 | 32 |
| Dividends paid | 342 | 345 | 331 | 332 |
| Purchases of common stock | 296 | 500 | 500 | 497 |
| Other | -4 | -5 | 0 | -24 |
| Cash used in financing activities | -632 | -460 | -847 | -863 |
| Effect of exchange rate changes on cash | -54 | 27 | 127 | 11 |
| Net increase (decrease) in cash and cash equivalents | 404 | 664 | 367 | 106 |
| Cash and cash equivalents at beginning of period | 6,166 | 5,502 | 5,135 | 5,029 |
| Cash and cash equivalents at end of period | 6,570 | 6,166 | 5,502 | 5,135 |
FEDEX CORP (FDX)
FEDEX CORP (FDX)