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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Aug. 31, 2022
May 31, 2022
CURRENT ASSETS    
Cash and cash equivalents $ 6,850 $ 6,897
Receivables, less allowances of $786 and $692 11,055 11,863
Spare parts, supplies, and fuel, less allowances of $363 and $360 647 637
Prepaid expenses and other 1,054 968
Total current assets 19,606 20,365
PROPERTY AND EQUIPMENT, AT COST 76,712 75,275
Less accumulated depreciation and amortization 37,906 37,184
Net property and equipment 38,806 38,091
OTHER LONG-TERM ASSETS    
Operating lease right-of-use assets, net 17,219 16,613
Goodwill 6,316 6,544
Other assets 3,879 4,381
Total other long-term assets 27,414 27,538
ASSETS 85,826 85,994
CURRENT LIABILITIES    
Current portion of long-term debt 139 82
Accrued salaries and employee benefits 2,263 2,531
Accounts payable 4,167 4,030
Operating lease liabilities 2,470 2,443
Accrued expenses 4,726 5,188
Total current liabilities 13,765 14,274
LONG-TERM DEBT, LESS CURRENT PORTION 19,918 20,182
OTHER LONG-TERM LIABILITIES    
Deferred income taxes 4,134 4,093
Pension, postretirement healthcare, and other benefit obligations 4,055 4,448
Self-insurance accruals 3,042 2,889
Operating lease liabilities 15,118 14,487
Other liabilities 654 682
Total other long-term liabilities 27,003 26,599
COMMITMENTS AND CONTINGENCIES
COMMON STOCKHOLDERS' INVESTMENT    
Common stock, $0.10 par value; 800 million shares authorized; 318 million shares issued as of August 31, 2022 and May 31, 2022 32 32
Additional paid-in capital 3,751 3,712
Retained earnings 33,060 32,782
Accumulated other comprehensive loss (1,314) (1,103)
Treasury stock, at cost (10,389) (10,484)
Total common stockholders’ investment 25,140 24,939
LIABILITIES AND COMMON STOCKHOLDERS' INVESTMENT $ 85,826 $ 85,994