Discontinued — last reported Q1 '18
An increase in the absolute value of eliminations often reflects higher intercompany activity, while a decrease suggests more streamlined internal operations. Because this is a reconciliation item, it does not represent core operational growth and is typically analyzed to ensure the accuracy of consolidated revenue reporting.
This metric represents the revenue generated by corporate-level activities and the necessary accounting adjustments requ...
Most large, multi-segment logistics and transportation firms report similar reconciliation or 'corporate and eliminations' lines to account for inter-divisional service charges and consolidated reporting adjustments.
fdx_segment_corporate_and_eliminations_revenues