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Derivative Financial Instruments (Tables)
12 Months Ended
May 31, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Foreign Currency Derivatives The following foreign currency derivatives were outstanding as of May 31, 2024 (notional amounts in millions):

 

Foreign Currency Derivative

 

Number of Instruments

 

 

Notional Sold

 

 

Notional Purchased

 

Cross-currency swaps

 

 

4

 

 

(468

)

 

$

500

 

Schedule of Fair Value of Derivatives Including Classification on the Consolidated Balance Sheet

The following table presents the fair value of our derivatives, including their classification on the consolidated balance sheet, as of May 31, 2024 (in millions):

 

 

 

Balance Sheet Location

 

2024

 

Asset Derivatives

 

 

 

 

 

   Cross-currency swaps

 

Prepaid expenses and other

 

$

8

 

Liability Derivatives

 

 

 

 

 

   Cross-currency swaps

 

Other liabilities

 

$

14