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Fair Value Measurements (Tables)
12 Months Ended
May 31, 2013
Fair Value Disclosures [Abstract]  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis
The following table presents information about the Company’s financial assets and liabilities measured at fair value on a recurring basis as of May 31, 2013 and 2012, and indicates the fair value hierarchy of the valuation techniques utilized by the Company to determine such fair value. Refer to Note 1 – Summary of Significant Accounting Policies for additional detail regarding the Company’s fair value measurement methodology.
 
 
As of May 31, 2013
 
 
Fair Value
Measurements Using
 
Assets/Liabilities
at Fair Value
 
 
(In millions)
 
Level 1
 
Level 2
 
Level 3
 
Balance Sheet Classification
ASSETS
 
 
 
 
 
 
 
 
 
 
Derivatives:
 
 
 
 
 
 
 
 
 
 
Foreign exchange forwards and options
 
$
—

 
$
278

 
$
—

 
$
278

 
Other current assets and other long-term assets
Interest rate swap contracts
 
—

 
11

 
—

 
11

 
Other current assets and other long-term assets
Total derivatives
 
—

 
289

 
—

 
289

 
 
Available-for-sale securities:
 
 
 
 
 
 
 
 
 
 
U.S. Treasury securities
 
425

 
—

 
—

 
425

 
Cash and equivalents
U.S. Agency securities
 
—

 
20

 
—

 
20

 
Cash and equivalents
Commercial paper and bonds
 
—

 
1,035

 
—

 
1,035

 
Cash and equivalents
Money market funds
 
—

 
836

 
—

 
836

 
Cash and equivalents
U.S. Treasury securities
 
1,583

 
—

 
—

 
1,583

 
Short-term investments
U.S. Agency securities
 
—

 
401

 
—

 
401

 
Short-term investments
Commercial paper and bonds
 
—

 
644

 
—

 
644

 
Short-term investments
Non-marketable preferred stock
 
—

 
—

 
5

 
5

 
Other long-term assets
Total available-for-sale securities
 
2,008

 
2,936

 
5

 
4,949

 
 
TOTAL ASSETS
 
$
2,008

 
$
3,225

 
$
5

 
$
5,238

 
 
LIABILITIES
 
 
 
 
 
 
 
 
 
 
Derivatives:
 
 
 
 
 
 
 
 
 
 
Foreign exchange forwards and options
 
$
—

 
$
34

 
$
—

 
$
34

 
Accrued liabilities and other long-term liabilities
TOTAL LIABILITIES
 
$
—

 
$
34

 
$
—

 
$
34

 
 
 

 
 
As of May 31, 2012
 
 
Fair Value
Measurements Using
 
Assets / 
Liabilities
at Fair Value
 
 
(In millions)
 
Level 1
 
Level 2
 
Level 3
 
Balance Sheet Classification
ASSETS
 
 
 
 
 
 
 
 
 
 
Derivatives:
 
 
 
 
 
 
 
 
 
 
Foreign exchange forwards and options
 
$
—

 
$
265

 
$
—

 
$
265

 
Other current assets and other long-term assets
Embedded derivatives
 
—

 
1

 
—

 
1

 
Other current assets
Interest rate swap contracts
 
—

 
15

 
—

 
15

 
Other current assets and other long-term assets
Total derivatives
 
—

 
281

 
—

 
281

 
 
Available-for-sale securities:
 
 
 
 
 
 
 
 
 
 
U.S. Treasury securities
 
226

 
—

 
—

 
226

 
Cash and equivalents
U.S. Agency securities
 
—

 
254

 
—

 
254

 
Cash and equivalents
Commercial paper and bonds
 
—

 
159

 
—

 
159

 
Cash and equivalents
Money market funds
 
—

 
770

 
—

 
770

 
Cash and equivalents
U.S. Treasury securities
 
927

 
—

 
—

 
927

 
Short-term investments
U.S. Agency securities
 
—

 
230

 
—

 
230

 
Short-term investments
Commercial paper and bonds
 
—

 
283

 
—

 
283

 
Short-term investments
Non-marketable preferred stock
 
—

 
—

 
3

 
3

 
Other long-term assets
Total available-for-sale securities
 
1,153

 
1,696

 
3

 
2,852

 
 
TOTAL ASSETS
 
$
1,153

 
$
1,977

 
$
3

 
$
3,133

 
 
LIABILITIES
 
 
 
 
 
 
 
 
 
 
Derivatives:
 
 
 
 
 
 
 
 
 
 
Foreign exchange forwards and options
 
$
—

 
$
55

 
$
—

 
$
55

 
Accrued liabilities and other long-term liabilities
TOTAL LIABILITIES
 
$
—

 
$
55

 
$
—

 
$
55

 
 
Available-for-sale Securities
Short-term investments classified as available-for-sale consist of the following at fair value:
 
 
As of May 31,
(In millions)
 
2013
 
2012
Available-for-sale investments:
 
 
 
 
U.S. treasury and agencies
 
$
1,984

 
$
1,157

Commercial paper and bonds
 
644

 
283

TOTAL AVAILABLE-FOR-SALE INVESTMENTS
 
$
2,628

 
$
1,440