In its 2018 Form 10-K, FedEx reported the following information (in $ millions).

Total debt	$17,580	Free cash flow (FCF)	$123
EBITDA	7,819	Interest expense	588

Calculate the three ratios that Moodys Investors Service uses to assign credit ratings. Notes: Round all ratios to two decimal places. FCF/Debt ratio is a percentage ratio (ex: 0.12345 = 12.35%). Assign a credit rating for each ratio using the drop-down answer options.

	Ratio	Credit rating
Debt/EBITDA	Answer	AnswerAaa to AaAa to AA to BaaBaa to BaBa to BB to CaaBelow Caa
FCF/Debt	Answer	AnswerAaa to AaAa to AA to BaaBaa to BaBa to BB to CaaBelow Caa
EBITDA/Interest expense	Answer	AnswerAaa to AaAa to AA to BaaBaa to BaBa to BB to CaaBelow Caa