Refer to the 2015 financial statements and related disclosure notes of FedEx Corporation. The financial statements can be found at the companys website (www.fedex.com).

Required:

1. What pension and other post retirement benefit plans does FedEx sponsor for its employees? Explain.
2. What amount does FedEx report in its balance sheet for its pension and other postretirement benefit plans? Explain.
3. FedEx reports three actuarial assumptions used in its pension calculations. Did reported changes in those assumptions from the previous year increase or decrease the projected benefit obligation? What?