LEASES, OTHER COMMITMENTS AND CERTAIN CONTINGENCIES (Tables)

12 Months Ended

May 31, 2026

Leases Other Commitments And Certain Contingencies Disclosure [Abstract]

Components of Lease Expense

The components of lease expense were as follows:

	Year Ended May 31,
(in millions)	2026		2025		2024
Operating lease cost	$	2,794	$	1,716	$	1,159
Finance lease cost:
Amortization of ROU assets	$	351	$	48	$	—
Interest on lease liabilities		279		38		—
Total finance lease cost	$	630	$	86	$	—

Supplemental Balance Sheet Information Related to Leases

Supplemental balance sheet information related to leases was as follows:

	As of May 31,
(Dollars in millions)	2026		2025
Operating leases:
Operating lease ROU assets	$	29,690	$	13,145
Operating lease liabilities:
Operating lease liabilities, current	$	3,542	$	1,914
Operating lease liabilities, non-current		26,648		11,536
Total operating lease liabilities	$	30,190	$	13,450
Weighted average remaining lease term	12 years		10 years
Weighted average discount rate	5.7%		5.3%
Finance leases:
Finance lease ROU assets	$	7,464	$	2,874
Finance lease liabilities:
Finance lease liabilities, current	$	620	$	257
Finance lease liabilities, non-current		7,081		2,677
Total finance lease liabilities	$	7,701	$	2,934
Weighted average remaining lease term	14 years		15 years
Weighted average discount rate	5.7%		5.5%

Supplemental Cash Flow Information Related to Leases

Supplemental cash flow information related to leases was as follows:

	Year Ended May 31,
(in millions)	2026		2025		2024
Cash paid for amounts included in the measurement of lease liabilities:
Operating leases	$	2,548	$	1,685	$	1,168
Finance leases	$	452	$	27	$	—
ROU assets obtained in exchange for lease obligations:
Operating leases	$	18,246	$	6,970	$	4,246
Finance leases	$	4,946	$	2,921	$	—

Schedule of Maturities of Lease Liabilities

Maturities of lease liabilities were as follows as of May 31, 2026 (in millions):

	Operating Leases			Finance Leases
Fiscal 2027	$	3,712		$	656
Fiscal 2028		3,603			676
Fiscal 2029		3,550			697
Fiscal 2030		3,550			718
Fiscal 2031		3,519			740
Thereafter		23,933			7,973
Total lease payments		41,867			11,460
Less: imputed interest		(11,677	)		(3,759	)
Total lease liability	$	30,190		$	7,701

29

Unconditional Purchase and Certain Other Obligations

As of May 31, 2026, our unconditional purchase and certain other obligations, which were primarily related to data center power arrangements, were as follows (in millions):

Fiscal 2027	$	1,841
Fiscal 2028		1,034
Fiscal 2029		1,053
Fiscal 2030		952
Fiscal 2031		896
Thereafter		7,533
Total	$	13,309