Accrued Liabilities

12 Months Ended

May. 31, 2015

Accrued Liabilities, Current [Abstract]

Accrued Liabilities

NOTE 5 — Accrued Liabilities

Accrued liabilities included the following:

	As of May 31,
(In millions)	2015		2014
Compensation and benefits, excluding taxes	$	997	$	782
Collateral received from counterparties to hedging instruments	968		—
Endorsement compensation	388		328
Dividends payable	240		209
Import and logistics costs	207		127
Taxes other than income taxes	174		204
Fair value of derivatives	162		85
Advertising and marketing	117		133
Other(1)	698		623
TOTAL ACCRUED LIABILITIES	$	3,951	$	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 May 31, 2015 and 2014.