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Accumulated Other Comprehensive Loss (Tables)
12 Months Ended
May 31, 2024
Accumulated Other Comprehensive Income Loss Tables [Abstract]  
Schedule of Changes in 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

)