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Unaudited Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Nov. 30, 2015
May. 31, 2015
Current assets:    
Cash and equivalents (Note 4) $ 3,851 $ 3,852
Short-term investments (Note 4) 2,265 2,072
Accounts receivable, net 3,437 3,358
Inventories (Note 2) 4,600 4,337
Deferred income taxes (Note 7) 405 389
Prepaid expenses and other current assets (Notes 4 and 10) 2,197 1,968
Total current assets 16,755 15,976
Property, plant and equipment, net 3,235 3,011
Identifiable intangible assets, net 281 281
Goodwill 131 131
Deferred income taxes and other assets (Notes 4, 7 and 10) 2,181 2,201
TOTAL ASSETS 22,583 21,600
Current liabilities:    
Current portion of long-term debt (Note 6) 5 107
Notes payable (Note 4) 99 74
Accounts payable 1,915 2,131
Accrued liabilities (Notes 3, 4 and 10) 3,451 3,951
Income taxes payable (Note 7) 41 71
Total current liabilities 5,511 6,334
Long-term debt (Note 6) 2,067 1,079
Deferred income taxes and other liabilities (Notes 4, 7 and 10) $ 1,600 $ 1,480
Commitments and contingencies (Note 13)
Redeemable preferred stock $ 0 $ 0
Shareholders’ equity:    
Capital in excess of stated value 7,408 6,773
Accumulated other comprehensive income (Note 11) 1,107 1,246
Retained earnings 4,887 4,685
Total shareholders’ equity 13,405 12,707
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY 22,583 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