DEFERRED REVENUES

3 Months Ended

Aug. 31, 2025

Deferred Revenue Disclosure [Abstract]

DEFERRED REVENUES

4.DEFERRED REVENUES

Deferred revenues consisted of the following:

(in millions)	August 31, 2025		May 31, 2025
Cloud	$	3,944	$	2,959
Software		7,062		5,350
Hardware		584		614
Services		508		464
Deferred revenues, current		12,098		9,387
Deferred revenues, non-current (in other non-current liabilities)		1,264		1,346
Total deferred revenues	$	13,362	$	10,733

Deferred cloud revenues, deferred software revenues and deferred hardware revenues substantially represent customer payments made in advance for cloud or support contracts that are typically billed in advance with corresponding revenues generally being recognized ratably or based upon customer usage over the respective contractual periods. Deferred services revenues include prepayments for our services business and revenues for these services are generally recognized as the services are performed.