CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Aug. 31, 2015	May. 31, 2015
Current assets:
Cash and cash equivalents	$ 16,739	$ 21,716
Marketable securities	39,191	32,652
Trade receivables, net of allowances for doubtful accounts of $291 and $285 as of August 31, 2015 and May 31, 2015, respectively	3,475	5,618
Inventories	251	314
Deferred tax assets	671	663
Prepaid expenses and other current assets	1,795	2,220
Total current assets	62,122	63,183
Non-current assets:
Property, plant and equipment, net	3,896	3,686
Intangible assets, net	5,955	6,406
Goodwill, net	34,133	34,087
Deferred tax assets	789	795
Other assets	2,811	2,746
Total non-current assets	47,584	47,720
Total assets	109,706	110,903
Current liabilities:
Notes payable, current	2,000	1,999
Accounts payable	422	806
Accrued compensation and related benefits	1,384	1,839
Deferred revenues	9,078	7,245
Other current liabilities	2,507	3,402
Total current liabilities	15,391	15,291
Non-current liabilities:
Notes payable, non-current	40,050	39,959
Income taxes payable	4,408	4,386
Other non-current liabilities	2,319	2,169
Total non-current liabilities	$ 46,777	46,514
Commitments and contingencies
Oracle Corporation stockholders' equity:
Preferred stock, $0.01 par value-authorized: 1.0 shares; outstanding: none	$ 0	0
Common stock, $0.01 par value and additional paid in capital-authorized: 11,000 shares; outstanding: 4,282 shares and 4,343 shares as of August 31, 2015 and May 31, 2015, respectively	23,272	23,156
Retained earnings	24,964	26,503
Accumulated other comprehensive loss	(1,139)	(996)
Total Oracle Corporation stockholders' equity	47,097	48,663
Noncontrolling interests	441	435
Total equity	47,538	49,098
Total liabilities and equity	$ 109,706	$ 110,903

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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Balance Type:	credit
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- Definition

Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection.