INTANGIBLE ASSETS AND GOODWILL (Tables)

6 Months Ended

Nov. 30, 2014

Intangible Assets and Goodwill [Abstract]

Intangible Assets

	Intangible Assets, Gross						Accumulated Amortization						Intangible Assets, Net
																	Weighted
(Dollars in millions)	May 31, 2014		Additions(1)		November 30, 2014		May 31, 2014		Expense		November 30, 2014		May 31, 2014		November 30, 2014		Average
																	Useful Life(2)
Software support agreements and related relationships	$	5,218	$	948	$	6,166	$	(4,403)	$	(295)	$	(4,698)	$	815	$	1,468	14 years
Hardware systems support agreements and related relationships		969		66		1,035		(530)		(72)		(602)		439		433	8 years
Developed technology		4,387		785		5,172		(2,176)		(348)		(2,524)		2,211		2,648	9 years
Core technology		1,617		—		1,617		(1,294)		(104)		(1,398)		323		219	N.A.
Customer relationships and contract backlog		2,054		158		2,212		(1,459)		(157)		(1,616)		595		596	5 years
SaaS and PaaS agreements and related relationships and other		1,789		129		1,918		(305)		(98)		(403)		1,484		1,515	11 years
Trademarks		516		90		606		(276)		(42)		(318)		240		288	20 years
Total intangible assets subject to amortization		16,550		2,176		18,726		(10,443)		(1,116)		(11,559)		6,107		7,167	12 years
In-process research and development		30		(30)		—		—		—		—		30		—	N.A.
Total intangible assets, net	$	16,580	$	2,146	$	18,726	$	(10,443)	$	(1,116)	$	(11,559)	$	6,137	$	7,167

 __________

(1)	The substantial majority of intangible assets acquired during fiscal 2015 related to our acquisition of MICROS.
(2)	Represents weighted average useful lives of intangible assets acquired during fiscal 2015.

Estimated Future Amortization Expenses Related to Intangible Assets

Remainder of Fiscal 2015	$	1,008
Fiscal 2016		1,574
Fiscal 2017		951
Fiscal 2018		806
Fiscal 2019		699
Fiscal 2020		549
Thereafter		1,580
Total intangible assets, net	$	7,167

Goodwill

(in millions)	New Software		Software		Hardware Systems Support		Other(2)		Total
	Licenses and		License
	Cloud		Updates and
	Software		Product
	Subscriptions		Support
Balances as of May 31, 2014	$	13,139	$	12,472	$	2,082	$	1,959	$	29,652
Goodwill from acquisitions		377		15		—		3,311		3,703
Goodwill adjustments(1)		9		(1)		19		1		28
Balances as of November 30, 2014	$	13,525	$	12,486	$	2,101	$	5,271	$	33,383

_______________

(1)	Pursuant to our business combinations accounting policy, we recorded goodwill adjustments for the effect on goodwill of changes to net assets acquired during the measurement period (up to one year from the date of an acquisition). Goodwill adjustments were not significant to our previously reported operating results or financial position.
(2)	Represents goodwill allocated to our other operating segments and, as of November 30, 2014, approximately $3.3 billion of goodwill for certain of our acquisitions that will be allocated based upon the finalization of valuations, including for MICROS.