Free signup for more
- Track your favorite companies
- Receive email alerts for new filings
- Personalized dashboard of news and more
- Access all data and search results
Content analysis
?Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
H.S. freshman Avg
|
New words:
acknowledged, add, Addendum, affirmative, attached, body, Boeing, brand, bring, broaden, broker, brought, calendar, cast, commencing, comparison, comply, comprised, consent, criteria, customary, Delaware, description, designation, detailed, director, disrupt, doubling, entity, Ernst, exempt, exposed, extend, floating, fourteen, good, goodwill, greenhouse, harassed, heading, heavy, hedging, hypothetical, includeEstrada, inFosterrepresent, inIssa, inSatchell, intrinsic, jointly, jury, leadership, LLP, longer, Mail, matured, medium, moderate, Motor, moved, moving, narrow, newly, nominee, noncash, nonvested, organization, organize, origin, original, policy, prevent, property, provision, punitive, purpose, ratification, ratified, ratify, recruiting, released, relevant, removed, repaid, reputation, reset, restated, retention, Rizkallah, rose, scanning, scientific, sector, shortage, signature, simple, size, specific, static, stockholder, stronger, suddenly, suitable, supermajority, sustainable, tabulation, tentative, traditional, training, treated, truckload, unrecognized, unvested, vote, voting, Young, zone
Removed:
accelerated, American, amounting, applicable, apply, April, assuming, assumption, beginning, canceled, capitalized, Coast, comment, compete, conditional, conversion, cumulative, decline, deductible, defer, dependent, disclaim, driven, eastbound, economically, efficiency, enhance, ensure, estimable, estimate, examine, experience, explicit, exposure, expressly, feasible, forfeited, forfeiture, Foster, fund, guidance, Gulf, half, historical, implemented, important, impose, interruption, invest, issuer, Katrina, led, legacy, life, list, loan, lowered, magnitude, maintenance, March, maximum, negotiate, November, ongoing, opening, parent, percentage, pickup, posted, predicted, Prime, publicly, ratably, reach, realize, receipt, recording, remain, replaced, residual, Ship, short, similarly, smartpost, strategically, Strip, successfully, sudden, suffered, traffic, transition, Treasury, TSA, typically, utilization, variable, westbound, yielding
Filing tables
Filing exhibits
Related press release
FDX similar filings
Filing view
External links
EXHIBIT 12.1
FEDEX CORPORATION
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(UNAUDITED)
(IN MILLIONS, EXCEPT RATIOS)
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(UNAUDITED)
(IN MILLIONS, EXCEPT RATIOS)
Three Months Ended | ||||||||||||||||||||||||||||
August 31, | Year Ended May 31, | |||||||||||||||||||||||||||
2006 | 2005 | 2006 | 2005 | 2004 | 2003 | 2002 | ||||||||||||||||||||||
Earnings: | ||||||||||||||||||||||||||||
Income before income taxes | $ | 770 | $ | 549 | $ | 2,899 | $ | 2,313 | $ | 1,319 | $ | 1,338 | $ | 1,160 | ||||||||||||||
Add back: | ||||||||||||||||||||||||||||
Interest expense, net of capitalized interest | 31 | 31 | 142 | 160 | 136 | 124 | 144 | |||||||||||||||||||||
Amortization of debt issuance costs | 1 | 2 | 5 | 6 | 7 | 4 | 4 | |||||||||||||||||||||
Portion of rent expense representative of interest factor | 200 | 238 | 842 | 800 | 712 | 713 | 710 | |||||||||||||||||||||
Earnings as adjusted | $ | 1,002 | $ | 820 | $ | 3,888 | $ | 3,279 | $ | 2,174 | $ | 2,179 | $ | 2,018 | ||||||||||||||
Fixed Charges: | ||||||||||||||||||||||||||||
Interest expense, net of capitalized interest | $ | 31 | $ | 31 | $ | 142 | $ | 160 | $ | 136 | $ | 124 | $ | 144 | ||||||||||||||
Capitalized interest | 10 | 11 | 33 | 22 | 11 | 16 | 27 | |||||||||||||||||||||
Amortization of debt issuance costs | 1 | 2 | 5 | 6 | 7 | 4 | 4 | |||||||||||||||||||||
Portion of rent expense representative of interest factor | 200 | 238 | 842 | 800 | 712 | 713 | 710 | |||||||||||||||||||||
$ | 242 | $ | 282 | $ | 1,022 | $ | 988 | $ | 866 | $ | 857 | $ | 885 | |||||||||||||||
Ratio of Earnings to Fixed Charges | 4.1 | 2.9 | 3.8 | 3.3 | 2.5 | 2.5 | 2.3 | |||||||||||||||||||||