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FedEx Corporation reported the following in its May 31, 2019 earnings release. Dollars in millions, except EPS Net income Diluted EPS GAAP measure $540 $2.03

FedEx Corporation reported the following in its May 31, 2019 earnings release. Dollars in millions, except EPS Net income Diluted EPS GAAP measure $540 $2.03 Mark-to-market pension accounting adjustments 2,981 11.22 TNT expenses and operating results 314 1.18 Business realignment costs 243 0.91 FedEx Ground legal matters 43 (0.16) Net U.S. deferred tax remeasurement 4 (0.02) Non-GAAP measure $4,125 $15.52 What amount did FedEx report as net income on its 2019 income statement?

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