Credit Losses	3 Months Ended
Aug. 31, 2024
Credit Loss [Abstract]
Credit Losses	NOTE 2: Credit Losses We are exposed to credit losses primarily through our trade receivables. We assess ability to pay for certain customers by conducting a credit review, which considers the customer’s established credit rating and our assessment of creditworthiness. We determine the allowance for credit losses on accounts receivable using a combination of specific reserves for accounts that are deemed to exhibit credit loss indicators and general reserves that are determined using loss rates based on historical write-offs by geography and recent forecast information, including underlying economic expectations. We update our estimate of credit loss reserves quarterly. Credit losses were $129 million for the three-month period ended August 31, 2024 and $103 million for the three-month period ended August 31, 2023. Our allowance for credit losses was $408 million at August 31, 2024 and $436 million at May 31, 2024.

Credit Losses

3 Months Ended

Aug. 31, 2024

NOTE 2: Credit Losses

We are exposed to credit losses primarily through our trade receivables. We assess ability to pay for certain customers by conducting a credit review, which considers the customer’s established credit rating and our assessment of creditworthiness. We determine the allowance for credit losses on accounts receivable using a combination of specific reserves for accounts that are deemed to exhibit credit loss indicators and general reserves that are determined using loss rates based on historical write-offs by geography and recent forecast information, including underlying economic expectations. We update our estimate of credit loss reserves quarterly.

Credit losses were $129 million for the three-month period ended August 31, 2024 and $103 million for the three-month period ended August 31, 2023. Our allowance for credit losses was $408 million at August 31, 2024 and $436 million at May 31, 2024.