Unaudited Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Nov. 30, 2016	May 31, 2016
Current assets:
Cash and equivalents	$ 4,339	$ 3,138
Short-term investments	1,604	2,319
Accounts receivable, net	3,478	3,241
Inventories	5,033	4,838
Prepaid expenses and other current assets	1,557	1,489
Total current assets	16,011	15,025
Property, plant and equipment, net	3,566	3,520
Identifiable intangible assets, net	283	281
Goodwill	139	131
Deferred income taxes and other assets	2,653	2,422
TOTAL ASSETS	22,652	21,379
Current liabilities:
Current portion of long-term debt	44	44
Notes payable	20	1
Accounts payable	2,033	2,191
Accrued liabilities	3,076	3,037
Income taxes payable	52	85
Total current liabilities	5,225	5,358
Long-term debt	3,473	1,993
Deferred income taxes and other liabilities	1,631	1,770
Commitments and contingencies
Redeemable preferred stock	0	0
Shareholders’ equity:
Capital in excess of stated value	8,196	7,786
Accumulated other comprehensive income	399	318
Retained earnings	3,725	4,151
Total shareholders’ equity	12,323	12,258
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY	22,652	21,379
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

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection.