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Consolidated Balance Sheets - USD ($)
$ in Millions
May 31, 2016
May 31, 2015
Current assets:    
Cash and equivalents $ 3,138 $ 3,852
Short-term investments 2,319 2,072
Accounts receivable, net 3,241 3,358
Inventories 4,838 4,337
Prepaid expenses and other current assets 1,489 1,968
Total current assets 15,025 15,587
Property, plant and equipment, net 3,520 3,011
Identifiable intangible assets, net 281 281
Goodwill 131 131
Deferred income taxes and other assets 2,439 2,587
TOTAL ASSETS 21,396 21,597
Current liabilities:    
Current portion of long-term debt 44 107
Notes payable 1 74
Accounts payable 2,191 2,131
Accrued liabilities 3,037 3,949
Income taxes payable 85 71
Total current liabilities 5,358 6,332
Long-term debt 2,010 1,079
Deferred income taxes and other liabilities 1,770 1,479
Commitments and contingencies
Redeemable preferred stock 0 0
Shareholders’ equity:    
Capital in excess of stated value 7,786 6,773
Accumulated other comprehensive income 318 1,246
Retained earnings 4,151 4,685
Total shareholders’ equity 12,258 12,707
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY 21,396 21,597
Class A Convertible Common Stock    
Shareholders’ equity:    
Common stock 0 0
Class B Common Stock    
Shareholders’ equity:    
Common stock $ 3 $ 3