CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Nov. 30, 2025	May 31, 2025
CURRENT ASSETS
Cash and cash equivalents	$ 6,570	$ 5,502
Receivables, less allowances of $900 and $773	12,159	11,368
Spare parts, supplies, and fuel, less allowances of $317 and $308	631	602
Prepaid expenses and other	1,293	914
Total current assets	20,653	18,386
PROPERTY AND EQUIPMENT, AT COST	88,864	87,622
Less accumulated depreciation and amortization	47,542	45,980
Net property and equipment	41,322	41,642
OTHER LONG-TERM ASSETS
Operating lease right-of-use assets, net	16,184	16,453
Goodwill	6,626	6,603
Other assets	4,396	4,543
Total other long-term assets	27,206	27,599
ASSETS	89,181	87,627
CURRENT LIABILITIES
Current portion of long-term debt	901	1,428
Accrued salaries and employee benefits	2,722	2,731
Accounts payable	4,664	3,692
Operating lease liabilities	2,621	2,565
Accrued expenses	5,306	4,995
Total current liabilities	16,214	15,411
LONG-TERM DEBT, LESS CURRENT PORTION	20,294	19,151
OTHER LONG-TERM LIABILITIES
Deferred income taxes	3,895	4,205
Pension, postretirement healthcare, and other benefit obligations	1,669	1,698
Self-insurance accruals	4,229	4,033
Operating lease liabilities	13,950	14,272
Other liabilities	790	783
Total other long-term liabilities	24,533	24,991
COMMITMENTS AND CONTINGENCIES
COMMON STOCKHOLDERS’ INVESTMENT
Common stock, $0.10 par value; 800 million shares authorized; 318 million shares issued as of November 30, 2025 and May 31, 2025	32	32
Additional paid-in capital	4,366	4,290
Retained earnings	42,154	41,402
Accumulated other comprehensive loss	(1,414)	(1,362)
Treasury Stock, Value	(16,998)	(16,288)
Total common stockholders’ investment	28,140	28,074
TOTAL LIABILITIES AND COMMON STOCKHOLDERS' INVESTMENT	$ 89,181	$ 87,627