FedEx Corporation reported the following in its annual earnings release. Dollars in millions, except...

70.2K

Verified Solution

Question

Accounting

FedEx Corporation reported the following in its annual earnings release.
Dollars in millions, except EPS Net income Diluted EPS
GAAP measure $497 $1.87
Mark-to-market pension accounting adjustments 2,74310.32
TNT expenses and operating results 3141.18
Business realignment costs 2430.91
FedEx Ground legal matters 430.16
Net U.S. deferred tax remeasurement 40.02
Non-GAAP measure $3,844 $14.46

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students