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Consolidated Balance Sheets - USD ($)
$ in Millions
May. 31, 2015
May. 31, 2014
Current assets:    
Cash and equivalents (Note 6) $ 3,852 $ 2,220
Short-term investments (Note 6) 2,072 2,922
Accounts receivable, net (Note 1) 3,358 3,434
Inventories (Notes 1 and 2) 4,337 3,947
Deferred income taxes (Note 9) 389 355
Prepaid expenses and other current assets (Notes 6 and 17) 1,968 818
Total current assets 15,976 13,696
Property, plant and equipment, net (Note 3) 3,011 2,834
Identifiable intangible assets, net (Note 4) 281 282
Goodwill (Note 4) 131 131
Deferred income taxes and other assets (Notes 6, 9 and 17) 2,201 1,651
TOTAL ASSETS 21,600 18,594
Current liabilities:    
Current portion of long-term debt (Note 8) 107 7
Notes payable (Note 7) 74 167
Accounts payable (Note 7) 2,131 1,930
Accrued liabilities (Notes 5, 6 and 17) 3,951 2,491
Income taxes payable (Note 9) 71 432
Total current liabilities 6,334 5,027
Long-term debt (Note 8) 1,079 1,199
Deferred income taxes and other liabilities (Notes 6, 9, 13 and 17) $ 1,480 $ 1,544
Commitments and contingencies (Note 16)    
Redeemable preferred stock (Note 10) $ 0 $ 0
Shareholders’ equity:    
Capital in excess of stated value 6,773 5,865
Accumulated other comprehensive income (Note 14) 1,246 85
Retained earnings 4,685 4,871
Total shareholders’ equity 12,707 10,824
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY 21,600 18,594
Class A Convertible Common Stock    
Shareholders’ equity:    
Common stock 0 0
Class B Common Stock    
Shareholders’ equity:    
Common stock $ 3 $ 3