CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Aug. 31, 2016	May 31, 2016
Current assets:
Cash and cash equivalents	$ 28,614	$ 20,152
Marketable securities	39,782	35,973
Trade receivables, net of allowances for doubtful accounts of $344 and $327 as of August 31, 2016 and May 31, 2016, respectively	3,407	5,385
Inventories	286	212
Prepaid expenses and other current assets	2,362	2,591
Total current assets	74,451	64,313
Non-current assets:
Property, plant and equipment, net	4,108	4,000
Intangible assets, net	5,091	4,943
Goodwill, net	35,350	34,590
Deferred tax assets	1,142	1,291
Other assets	3,081	3,043
Total non-current assets	48,772	47,867
Total assets	123,223	112,180
Current liabilities:
Notes payable and other borrowings, current	999	3,750
Accounts payable	551	504
Accrued compensation and related benefits	1,419	1,966
Deferred revenues	9,462	7,655
Other current liabilities	2,711	3,333
Total current liabilities	15,142	17,208
Non-current liabilities:
Notes payable, non-current	53,057	40,105
Income taxes payable	5,031	4,908
Other non-current liabilities	2,161	2,169
Total non-current liabilities	60,249	47,182
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: 4,106 shares and 4,131 shares as of August 31, 2016 and May 31, 2016, respectively	24,588	24,217
Retained earnings	23,380	23,888
Accumulated other comprehensive loss	(533)	(816)
Total Oracle Corporation stockholders' equity	47,435	47,289
Noncontrolling interests	397	501
Total equity	47,832	47,790
Total liabilities and equity	$ 123,223	$ 112,180

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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Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- 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.