CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	May 31, 2016	May 31, 2015
Current assets:
Cash and cash equivalents	$ 20,152	$ 21,716
Marketable securities	35,973	32,652
Trade receivables, net of allowances for doubtful accounts of $327 and $285 as of May 31, 2016 and 2015, respectively	5,385	5,618
Inventories	212	314
Prepaid expenses and other current assets	2,591	2,220
Total current assets	64,313	62,520
Non-current assets:
Property, plant and equipment, net	4,000	3,686
Intangible assets, net	4,943	6,406
Goodwill, net	34,590	34,087
Deferred tax assets	1,291	1,458
Other assets	3,043	2,746
Total non-current assets	47,867	48,383
Total assets	112,180	110,903
Current liabilities:
Notes payable, current	3,750	1,999
Accounts payable	504	806
Accrued compensation and related benefits	1,966	1,839
Deferred revenues	7,655	7,245
Other current liabilities	3,333	3,317
Total current liabilities	17,208	15,206
Non-current liabilities:
Notes payable, non-current	40,105	39,959
Income taxes payable	4,908	4,386
Other non-current liabilities	2,169	2,254
Total non-current liabilities	$ 47,182	$ 46,599
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: 4,131 shares and 4,343 shares as of May 31, 2016 and 2015, respectively	24,217	23,156
Retained earnings	23,888	26,503
Accumulated other comprehensive loss	(816)	(996)
Total Oracle Corporation stockholders' equity	47,289	48,663
Noncontrolling interests	501	435
Total equity	47,790	49,098
Total liabilities and equity	$ 112,180	$ 110,903