Non-Current Liabilities

FedEx·Balance Sheet Statement·13 metrics

Breakdown

Metric	Q4 '24	Q1 '25	Q2 '25	Q3 '25	Q4 '25	Q1 '26	Q2 '26	Q3 '26
Long-term debt	$20.1B	$19.7B	$19.4B	$19.5B	$19.2B	$20.3B	$20.3B	$22.8B
Long-Term Debt and Finance Lease Obligations	$20.1B	$19.7B	$19.4B	$19.5B	$19.2B	$20.3B	$20.3B	$22.8B
Operating Lease Liabilities (Total)	$17.5B	$17.5B	$17.2B	$16.9B	$16.8B	$16.7B	$16.6B	$16.8B
Operating lease liabilities, non-current	$15.1B	$15B	$14.7B	$14.4B	$14.3B	$14.1B	$14B	$14.1B
Operating Lease Liability Payments - 2026 (Lessee)	—	—	—	—	—	$2.3B	$2.4B	$2.5B
Operating Lease Liability Payments - 2027 (Lessee)	—	—	—	—	—	$2.3B	$2.4B	$2.5B
Operating Lease Liability Payments - 2028 (Lessee)	—	—	—	—	—	$1.8B	$1.9B	$2.1B
Accrued Employee Benefits (Non-Current)	$2B	$1.8B	$1.6B	$1.7B	$1.7B	$1.7B	$1.7B	$1.7B
Defined Benefit Pension Plan Liabilities (Non-Current)	$2B	$1.8B	$1.6B	$1.7B	$1.7B	$1.7B	$1.7B	$1.7B
Liability, Pension and Other Postretirement and Postemployment Benefits, Noncurrent	$2B	$1.8B	$1.6B	$1.7B	$1.7B	$1.7B	$1.7B	$1.7B
Finance lease liabilities	$413M	$424M	$420M	$562M	$621M	$795M	$874M	$1.2B
Finance Lease Liabilities (Total)	$431M	$424M	$420M	$562M	$680M	$795M	$874M	$1.2B
Other non-current liabilities	$689M	$693M	$651M	$657M	$783M	$817M	$790M	$823M