best way to format my 16GB flash drive for Mac and PC transferring large power point files?

format flash drive in Exfat for transferring files between Mac and Pc.

FORMAT TYPES

FAT32 (File Allocation Table)

• Read/Write FAT32 from both native Windows and native Mac OS X.
• Maximum file size: 4GB.
• Maximum volume size: 2TB
• You can use this format if you share the drive between Mac OS X and Windows computers and have no files larger than 4GB.

NTFS (Windows NT File System)

• Read/Write NTFS from native Windows.
• Read only NTFS from native Mac OS X
• To Read/Write/Format NTFS from Mac OS X, here are some alternatives:
  • For Mac OS X 10.4 or later (32 or 64-bit), install Paragon (approx $20) (Best Choice for Lion)
  • Native NTFS support can be enabled in Snow Leopard and Lion, but is not advisable, due to instability.
• AirPort Extreme (802.11n) and Time Capsule do not support NTFS
• Maximum file size: 16 TB
• Maximum volume size: 256TB
• You can use this format if you routinely share a drive with multiple Windows systems.

HFS+ ((((MAC FORMAT)))) (Hierarchical File System, a.k.a. Mac OS Extended (Journaled) Don't use case-sensitive)

• Read/Write HFS+ from native Mac OS X
• Required for Time Machine or Carbon Copy Cloner or SuperDuper! backups of Mac internal hard drive.
• To Read HFS+ (but not Write) from Windows, Install HFSExplorer
• Maximum file size: 8EiB
• Maximum volume size: 8EiB
• You can use this format if you only use the drive with Mac OS X, or use it for backups of your Mac OS X internal drive, or if you only share it with one Windows PC (with MacDrive installed on the PC)

EXFAT (FAT64)

• Supported in Mac OS X only in 10.6.5 or later.
• Not all Windows versions support exFAT.
• exFAT (Extended File Allocation Table)
• AirPort Extreme (802.11n) and Time Capsule do not support exFAT
• Maximum file size: 16 EiB
• Maximum volume size: 64 ZiB
• You can use this format if it is supported by all computers with which you intend to share the drive. See "disadvantages" for details.

Fat and ExFat formatting are assuredly older than any computer you have that is still alive and working.