Accrued Liabilities (Tables)

3 Months Ended

Aug. 31, 2015

Accrued Liabilities, Current [Abstract]

Schedule of Accrued Liabilities

Accrued liabilities included the following:

	As of August 31,		As of May 31,
(In millions)	2015		2015
Compensation and benefits, excluding taxes	$	672	$	997
Collateral received from counterparties to hedging instruments	468		968
Endorsement compensation	393		388
Dividends payable	239		240
Taxes other than income taxes	218		174
Import and logistics costs	173		207
Advertising and marketing	126		117
Fair value of derivatives	118		162
Other(1)	732		698
TOTAL ACCRUED LIABILITIES	$	3,139	$	3,951

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