Accrued Liabilities (Tables)

9 Months Ended

Feb. 28, 2015

Accrued Liabilities, Current [Abstract]

Schedule of Accrued Liabilities

Accrued liabilities included the following:

	As of February 28,		As of May 31,
(In millions)	2015		2014
Compensation and benefits, excluding taxes	$	849	$	782
Collateral received from counterparties to hedging instruments	769		—
Endorsement compensation	315		328
Dividends payable	241		209
Taxes other than income taxes	237		204
Fair value of derivatives	167		85
Advertising and marketing	126		133
Import and logistics costs	111		127
Other(1)	748		623
TOTAL ACCRUED LIABILITIES	$	3,563	$	2,491

(1) Other consists of various accrued expenses with no individual item accounting for more than 5% of the total Accrued liabilities balance at February 28, 2015 and May 31, 2014.