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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Nov. 30, 2024
May 31, 2024
CURRENT ASSETS    
Cash and cash equivalents $ 5,029 $ 6,501
Receivables, less allowances of $702 and $775 10,737 10,087
Spare parts, supplies, and fuel, less allowances of $293 and $288 620 614
Prepaid expenses and other 1,335 1,005
Total current assets 17,721 18,207
PROPERTY AND EQUIPMENT, AT COST 85,658 84,391
Less accumulated depreciation and amortization 44,652 42,900
Net property and equipment 41,006 41,491
OTHER LONG-TERM ASSETS    
Operating lease right-of-use assets, net 16,821 17,115
Goodwill 6,290 6,423
Other assets 3,643 3,771
Total other long-term assets 26,754 27,309
ASSETS 85,481 87,007
CURRENT LIABILITIES    
Current portion of long-term debt 592 68
Accrued salaries and employee benefits 2,710 2,673
Accounts payable 3,896 3,189
Operating lease liabilities 2,536 2,463
Accrued expenses 4,658 4,962
Total current liabilities 14,392 13,355
LONG-TERM DEBT, LESS CURRENT PORTION 19,433 20,135
OTHER LONG-TERM LIABILITIES    
Deferred income taxes 4,436 4,482
Pension, postretirement healthcare, and other benefit obligations 1,571 2,010
Self-insurance accruals 3,825 3,701
Operating lease liabilities 14,713 15,053
Other liabilities 651 689
Total other long-term liabilities 25,196 25,935
COMMITMENTS AND CONTINGENCIES
COMMON STOCKHOLDERS' INVESTMENT    
Common stock, $0.10 par value; 800 million shares authorized; 318 million shares issued as of November 30, 2024 and May 31, 2024 32 32
Additional paid-in capital 4,165 3,988
Retained earnings 39,175 38,649
Accumulated other comprehensive loss (1,515) (1,359)
Treasury stock, at cost (15,397) (13,728)
Total common stockholders’ investment 26,460 27,582
TOTAL LIABILITIES AND COMMON STOCKHOLDERS' INVESTMENT $ 85,481 $ 87,007