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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Feb. 29, 2024
May 31, 2023
CURRENT ASSETS    
Cash and cash equivalents $ 5,644 $ 6,856
Receivables, less allowances of $775 and $800 9,904 10,188
Spare parts, supplies, and fuel, less allowances of $291 and $276 640 604
Prepaid expenses and other 1,236 962
Total current assets 17,424 18,610
PROPERTY AND EQUIPMENT, AT COST 84,145 80,624
Less accumulated depreciation and amortization 42,616 39,926
Net property and equipment 41,529 40,698
OTHER LONG-TERM ASSETS    
Operating lease right-of-use assets, net 16,935 17,347
Goodwill 6,425 6,435
Other assets 3,801 4,053
Total other long-term assets 27,161 27,835
ASSETS 86,114 87,143
CURRENT LIABILITIES    
Current portion of long-term debt 67 126
Accrued salaries and employee benefits 2,541 2,475
Accounts payable 3,780 3,848
Operating lease liabilities 2,447 2,390
Accrued expenses 4,473 4,747
Total current liabilities 13,308 13,586
LONG-TERM DEBT, LESS CURRENT PORTION 20,122 20,453
OTHER LONG-TERM LIABILITIES    
Deferred income taxes 4,378 4,489
Pension, postretirement healthcare, and other benefit obligations 2,527 3,130
Self-insurance accruals 3,836 3,339
Operating lease liabilities 14,878 15,363
Other liabilities 690 695
Total other long-term liabilities 26,309 27,016
COMMITMENTS AND CONTINGENCIES
COMMON STOCKHOLDERS' INVESTMENT    
Common stock, $0.10 par value; 800 million shares authorized; 318 million shares issued as of February 29, 2024 and May 31, 2023 32 32
Additional paid-in capital 3,898 3,769
Retained earnings 37,174 35,259
Accumulated other comprehensive loss (1,335) (1,327)
Treasury stock, at cost (13,394) (11,645)
Total common stockholders’ investment 26,375 26,088
LIABILITIES AND COMMON STOCKHOLDERS' INVESTMENT $ 86,114 $ 87,143