Federal Express 2000 Annual Report Download - page 32

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30
The following table provides a reconciliation of reportable segm ent capital expenditures to FedEx’s
consolidated totals for the years ended May 31:
FedEx FedEx Consolidated
In thousands Express Ground Other Total
2000 $1,330,904 $244,073 $52,441 $1,627,418
1999 1,550,161 179,969 39,816 1,769,946
1998 1,761,963 78,041 40,169 1,880,173
The following table presents FedEx’s revenue by service type and geographic information for the years
ended or as of May 31:
In thousands 2000 1999 1998
REVENUE BY SERVICE TYPE
FedEx Express:
Package:
U.S. overnight $ 7,537,844 $ 7,185,462 $ 6,810,211
U.S. deferred 2,428,002 2,271,151 2,179,188
International priority 3,551,593 3,018,828 2,731,140
Freight:
U.S. 566,259 439,855 337,098
International 492,280 530,759 597,861
Other 492,360 533,222 599,343
Total FedEx Express 15,068,338 13,979,277 13,254,841
FedEx Ground 2,032,570 1,878,107 1,710,882
Other 1,156,037 916,086 907,087
$18,256,945 $16,773,470 $15,872,810
GEOGRAPHIC IN FORMATION (1)
Revenues:
U.S. $13,804,849 $12,910,107 $12,231,537
International 4,452,096 3,863,363 3,641,273
$18,256,945 $16,773,470 $15,872,810
Long-lived assets:
U.S. $ 7,224,219 $ 6,506,424
International 1,018,148 1,000,759
$ 8,242,367 $ 7,507,183
(1) Generally, international revenue includes shipm ents that either originate in or are destined to locations outside the United States. Long-lived assets include
property and equipm ent, goodwill and other long-term assets. Flight equipm ent is allocated between geographic areas based on usage.
NOTE 13: SUPPLEMENTAL CASH FLOW INFORMATION
Cash paid for interest expense and incom e taxes for the years ended May 31 was as follows:
In thousands 2000 1999 1998
Interest (net of capitalized interest) $124,964 $114,326 $130,250
Income taxes 354,614 437,340 355,563
N oncash investing and financing activities for the years ended May 31 were as follows:
In thousands 2000 1999 1998
Fair value of assets surrendered under exchange agreem ents (with two airlines) $19,450 $48,248 $90,428
Fair value of assets acquired under exchange agreements 28,018 34,580 78,148
Fair value of assets surrendered (under) over fair value of assets acquired $ (8,568) $13,668 $12,280
Fair value of treasury stock issued in business acquisition $ 6,817 $ – $ –