Property, Plant and Equipment

12 Months Ended

May. 31, 2015

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment

NOTE 3 — Property, Plant and Equipment

Property, plant and equipment, net included the following:

	As of May 31,
(In millions)	2015		2014
Land	$	273	$	270
Buildings	1,250		1,261
Machinery, equipment and internal-use software	3,329		3,376
Leasehold improvements	1,150		1,066
Construction in process	350		247
Total property, plant and equipment, gross	6,352		6,220
Less accumulated depreciation	3,341		3,386
TOTAL PROPERTY, PLANT AND EQUIPMENT, NET	$	3,011	$	2,834

Capitalized interest was not material for the years ended May 31, 2015, 2014 and 2013. The Company had $5 million and $74 million in capital lease obligations as of May 31, 2015 and May 31, 2014, respectively, included in machinery, equipment and internal-use software. During the fiscal year ended May 31, 2015, the Company restructured the terms of certain capital leases, which now qualify as operating leases.