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Unaudited Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Aug. 31, 2015
May. 31, 2015
Current assets:    
Cash and equivalents (Note 4) $ 3,246 $ 3,852
Short-term investments (Note 4) 2,162 2,072
Accounts receivable, net 3,288 3,358
Inventories (Note 2) 4,414 4,337
Deferred income taxes (Note 6) 377 389
Prepaid expenses and other current assets (Notes 4 and 9) 1,751 1,968
Total current assets 15,238 15,976
Property, plant and equipment, net 3,112 3,011
Identifiable intangible assets, net 281 281
Goodwill 131 131
Deferred income taxes and other assets (Notes 4, 6 and Note 9) 2,004 2,201
TOTAL ASSETS 20,766 21,600
Current liabilities:    
Current portion of long-term debt (Note 4) 106 107
Notes payable (Note 4) 23 74
Accounts payable 1,933 2,131
Accrued liabilities (Notes 3, 4 and 9) 3,139 3,951
Income taxes payable (Note 6) 75 71
Total current liabilities 5,276 6,334
Long-term debt (Note 4) 1,079 1,079
Deferred income taxes and other liabilities (Notes 4, 6 and 9) $ 1,517 $ 1,480
Commitments and contingencies (Note 12)
Redeemable preferred stock $ 0 $ 0
Shareholders’ equity:    
Capital in excess of stated value 7,029 6,773
Accumulated other comprehensive income (Note 10) 833 1,246
Retained earnings 5,029 4,685
Total shareholders’ equity 12,894 12,707
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY 20,766 21,600
Class A Convertible Common Stock    
Shareholders’ equity:    
Common stock at stated value 0 0
Class B Common Stock    
Shareholders’ equity:    
Common stock at stated value $ 3 $ 3