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Accumulated Other Comprehensive Income (Tables)
 6 Months Ended
Nov. 30, 2016
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Schedule of Accumulated Other Comprehensive Income
The changes in Accumulated other comprehensive income, net of tax, for the three and six months ended November 30, 2016 were as follows:
(In millions)
 
Foreign Currency Translation Adjustment(1)
 
Cash Flow Hedges
 
Net Investment Hedges(1)
 
Other
 
Total
Balance at August 31, 2016
 
$
(204
)
 
$
223

 
$
115

 
$
(49
)
 
$
85

Other comprehensive gains (losses) before reclassifications(2)
 
(14
)
 
464

 
—

 
5

 
455

Reclassifications to net income of previously deferred (gains) losses(3)
 
—

 
(141
)
 
—

 
—

 
(141
)
Other comprehensive income (loss)
 
(14
)
 
323

 
—

 
5

 
314

Balance at November 30, 2016
 
$
(218
)
 
$
546

 
$
115

 
$
(44
)
 
$
399

(1)
The accumulated foreign currency translation adjustment and net investment hedge gains/losses related to an investment in a foreign subsidiary are reclassified to Net income upon sale or upon complete or substantially complete liquidation of the respective entity.
(2)
Net of tax benefit (expense) of $0 million, $(24) million, $0 million, $0 million and $(24) million, respectively.
(3)
Net of tax (benefit) expense of $0 million, $(2) million, $0 million, $0 million and $(2) million, respectively.
(In millions)
 
Foreign Currency Translation Adjustment(1)
 
Cash Flow Hedges
 
Net Investment Hedges(1)
 
Other
 
Total
Balance at May 31, 2016
 
$
(207
)
 
$
463

 
$
115

 
$
(53
)
 
$
318

Other comprehensive gains (losses) before reclassifications(2)
 
(11
)
 
404

 
—

 
18

 
411

Reclassifications to net income of previously deferred (gains) losses(3)
 
—

 
(321
)
 
—

 
(9
)
 
(330
)
Other comprehensive income (loss)
 
(11
)
 
83

 
—

 
9

 
81

Balance at November 30, 2016
 
$
(218
)
 
$
546

 
$
115

 
$
(44
)
 
$
399

(1)
The accumulated foreign currency translation adjustment and net investment hedge gains/losses related to an investment in a foreign subsidiary are reclassified to Net income upon sale or upon complete or substantially complete liquidation of the respective entity.
(2)
Net of tax benefit (expense) of $0 million, $22 million, $0 million, $1 million and $23 million, respectively.
(3)
Net of tax (benefit) expense of $0 million, $(2) million, $0 million, $(1) million and $(3) million, respectively.
The changes in Accumulated other comprehensive income, net of tax, for the three and six months ended November 30, 2015 were as follows:
(In millions)
 
Foreign Currency Translation Adjustment(1)
 
Cash Flow Hedges
 
Net Investment Hedges(1)
 
Other
 
Total
Balance at August 31, 2015
 
$
(112
)
 
$
891

 
$
115

 
$
(61
)
 
$
833

Other comprehensive gains (losses) before reclassifications(2)
 
(29
)
 
425

 
—

 
11

 
407

Reclassifications to net income of previously deferred (gains) losses(3)
 
—

 
(135
)
 
—

 
2

 
(133
)
Other comprehensive income (loss)
 
(29
)
 
290

 
—

 
13

 
274

Balance at November 30, 2015
 
$
(141
)
 
$
1,181

 
$
115

 
$
(48
)
 
$
1,107

(1)
The accumulated foreign currency translation adjustment and net investment hedge gains/losses related to an investment in a foreign subsidiary are reclassified to Net income upon sale or upon complete or substantially complete liquidation of the respective entity.
(2)
Net of tax benefit (expense) of $0 million, $18 million, $0 million, $(2) million and $16 million, respectively.
(3)
Net of tax (benefit) expense of $0 million, $0 million, $0 million, $0 million and $0 million, respectively.
(In millions)
 
Foreign Currency Translation Adjustment(1)
 
Cash Flow Hedges
 
Net Investment Hedges(1)
 
Other
 
Total
Balance at May 31, 2015
 
$
(31
)
 
$
1,220

 
$
115

 
$
(58
)
 
$
1,246

Other comprehensive gains (losses) before reclassifications(2)
 
(110
)
 
283

 
—

 
11

 
184

Reclassifications to net income of previously deferred (gains) losses(3)
 
—

 
(322
)
 
—

 
(1
)
 
(323
)
Other comprehensive income (loss)
 
(110
)
 
(39
)
 
—

 
10

 
(139
)
Balance at November 30, 2015
 
$
(141
)
 
$
1,181

 
$
115

 
$
(48
)
 
$
1,107

(1)
The accumulated foreign currency translation adjustment and net investment hedge gains/losses related to an investment in a foreign subsidiary are reclassified to Net income upon sale or upon complete or substantially complete liquidation of the respective entity.
(2)
Net of tax benefit (expense) of $0 million, $16 million, $0 million, $(2) million and $14 million, respectively.
(3)
Net of tax (benefit) expense of $0 million, $1 million, $0 million, $0 million and $1 million, respectively.
Reclassification out of Accumulated Other Comprehensive Income
The following table summarizes the reclassifications from Accumulated other comprehensive income to the Unaudited Condensed Consolidated Statements of Income:
 
 
Amount of Gain (Loss) Reclassified from Accumulated Other Comprehensive Income into Income
 
Location of Gain (Loss) Reclassified from Accumulated Other Comprehensive Income into Income
 
 
Three Months Ended November 30,
 
Six Months Ended November 30,
 
(In millions)
 
2016
 
2015
 
2016
 
2015
 
Gains (losses) on cash flow hedges:
 
 
 
 
 
 
 
 
 
 
Foreign exchange forwards and options
 
$
39

 
$
(29
)
 
$
72

 
$
(75
)
 
Revenues
Foreign exchange forwards and options
 
69

 
125

 
173

 
298

 
Cost of sales
Foreign exchange forwards and options
 
—

 
—

 
—

 
—

 
Total selling and administrative expense
Foreign exchange forwards and options
 
31

 
39

 
74

 
100

 
Other (income) expense, net
Interest rate swaps
 
—

 
—

 
—

 
—

 
Interest expense (income), net
Total before tax
 
139

 
135

 
319

 
323

 
 
Tax (expense) benefit
 
2

 
—

 
2

 
(1
)
 
 
Gain (loss) net of tax
 
141

 
135

 
321

 
322

 
 
Gains (losses) on other
 
—

 
(2
)
 
8

 
1

 
Other (income) expense, net
Total before tax
 
—

 
(2
)
 
8

 
1

 
 
Tax (expense) benefit
 
—

 
—

 
1

 
—

 
 
Gain (loss) net of tax
 
—

 
(2
)
 
9

 
1

 
 
Total net gain (loss) reclassified for the period
 
$
141

 
$
133

 
$
330

 
$
323