Accumulated Other Comprehensive Loss

12 Months Ended

May 31, 2024

Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]

Accumulated Other Comprehensive Loss

NOTE 9: ACCUMULATED OTHER COMPREHENSIVE LOSS

The following table provides changes in AOCL, net of tax, reported in the consolidated financial statements for the years ended May 31 (in millions; amounts in parentheses indicate debits to AOCL):

	2024			2023			2022
Foreign currency translation loss:
Balance at beginning of period	$	(1,362	)	$	(1,148	)	$	(785	)
Translation adjustments		(60	)		(214	)		(363	)
Balance at end of period		(1,422	)		(1,362	)		(1,148	)
Retirement plans adjustments:
Balance at beginning of period		35			45			53
Prior service credit arising during period		36			—			—
Amortization of prior service credits		(8	)		(10	)		(8	)
Balance at end of period		63			35			45
AOCL at end of period	$	(1,359	)	$	(1,327	)	$	(1,103	)