Short-Term Borrowings and Credit Lines (Tables)

12 Months Ended

May 31, 2014

Short-term Debt and Line of Credit Facility [Abstract]

Schedule of Short-term Debt

Notes payable and interest-bearing accounts payable to Sojitz Corporation of America (“Sojitz America”) as of May 31, 2014 and 2013 are summarized below:

	As of May 31,
	2014					2013
(Dollars in millions)	Borrowings		Interest Rate			Borrowings		Interest Rate
Notes payable:
U.S. operations	$	—	0.00	%	(1)	$	—	0.00	%	(1)
Non-U.S. operations	167		10.04	%	(1)	98		4.94	%	(1)
TOTAL NOTES PAYABLE	$	167				$	98
Interest-Bearing Accounts Payable:
Sojitz America	$	60	0.94	%		$	55	0.99	%

(1) Weighted average interest rate includes non-interest bearing overdrafts.