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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
May 31, 2017
May 31, 2016
May 31, 2015
Cash flows from operating activities:      
Net income $ 9,335 $ 8,901 $ 9,938
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation 1,000 871 712
Amortization of intangible assets 1,451 1,638 2,149
Allowances for doubtful accounts receivable 129 130 56
Deferred income taxes (486) (105) (548)
Stock-based compensation 1,350 1,037 933
Other, net 123 143 327
Changes in operating assets and liabilities, net of effects from acquisitions:      
Decrease in trade receivables, net 18 96 208
(Increase) decrease in inventories (88) 88 (96)
Decrease (increase) in prepaid expenses and other assets 64 (90) (387)
(Decrease) increase in accounts payable and other liabilities (37) (13) 247
Increase in deferred revenues 535 676 655
Increase in income taxes payable 732 313 386
Net cash provided by operating activities 14,126 13,685 14,580
Cash flows from investing activities:      
Purchases of marketable securities and other investments (25,867) (24,562) (31,421)
Proceeds from maturities and sales of marketable securities and other investments 17,615 21,247 20,004
Acquisitions, net of cash acquired (11,221) (650) (6,239)
Capital expenditures (2,021) (1,189) (1,391)
Net cash used for investing activities (21,494) (5,154) (19,047)
Cash flows from financing activities:      
Payments for repurchases of common stock (3,561) (10,440) (8,087)
Proceeds from issuances of common stock 2,181 1,425 1,816
Shares repurchased for tax withholdings upon vesting of restricted stock-based awards (283) (89) (14)
Payments of dividends to stockholders (2,631) (2,541) (2,255)
Proceeds from borrowings, net of issuance costs 17,732 3,750 19,842
Repayments of borrowings (4,094) (2,000) (1,500)
Distributions to noncontrolling interests (258) (85) (196)
Net cash provided by (used for) financing activities 9,086 (9,980) 9,606
Effect of exchange rate changes on cash and cash equivalents (86) (115) (1,192)
Net increase (decrease) in cash and cash equivalents 1,632 (1,564) 3,947
Cash and cash equivalents at beginning of period 20,152 21,716 17,769
Cash and cash equivalents at end of period 21,784 20,152 21,716
Non-cash investing and financing transactions:      
Fair values of restricted stock-based awards and stock options assumed in connection with acquisitions 90 1 12
(Decrease) increase in unsettled repurchases of common stock (69) (1) 1
Increase (decrease) in unsettled investment purchases 73 (112) 264
Supplemental schedule of cash flow data:      
Cash paid for income taxes 1,983 2,331 3,055
Cash paid for interest $ 1,612 $ 1,616 $ 1,022