Accrued Liabilities (Tables)

6 Months Ended

Nov. 30, 2016

Accrued Liabilities, Current [Abstract]

Schedule of Accrued Liabilities

Accrued liabilities included the following:

	As of November 30,		As of May 31,
(In millions)	2016		2016
Compensation and benefits, excluding taxes	$	698	$	943
Collateral received from counterparties to hedging instruments	369		105
Dividends payable	304		271
Endorsement compensation	290		393
Import and logistics costs	250		198
Taxes other than income taxes	219		159
Advertising and marketing	158		119
Fair value of derivatives	88		162
Other(1)	700		687
TOTAL ACCRUED LIABILITIES	$	3,076	$	3,037

(1) Other consists of various accrued expenses with no individual item accounting for more than 5% of the total Accrued liabilities balance at November 30, 2016 and May 31, 2016.