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Unaudited Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Feb. 28, 2017
May 31, 2016
Current assets:    
Cash and equivalents $ 4,021 $ 3,138
Short-term investments 2,139 2,319
Accounts receivable, net 3,752 3,241
Inventories 4,932 4,838
Prepaid expenses and other current assets 1,361 1,489
Total current assets 16,205 15,025
Property, plant and equipment, net 3,793 3,520
Identifiable intangible assets, net 283 281
Goodwill 139 131
Deferred income taxes and other assets 2,732 2,422
TOTAL ASSETS 23,152 21,379
Current liabilities:    
Current portion of long-term debt 6 44
Notes payable 23 1
Accounts payable 1,938 2,191
Accrued liabilities 3,228 3,037
Income taxes payable 76 85
Total current liabilities 5,271 5,358
Long-term debt 3,472 1,993
Deferred income taxes and other liabilities 1,687 1,770
Commitments and contingencies
Redeemable preferred stock 0 0
Shareholders’ equity:    
Capital in excess of stated value 8,395 7,786
Accumulated other comprehensive income 229 318
Retained earnings 4,095 4,151
Total shareholders’ equity 12,722 12,258
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY 23,152 21,379
Class A Convertible Common Stock    
Shareholders’ equity:    
Common stock at stated value: Class A convertible - 329 and 353 shares outstanding, Class B - 1,323 and 1,329 shares outstanding 0 0
Class B Common Stock    
Shareholders’ equity:    
Common stock at stated value: Class A convertible - 329 and 353 shares outstanding, Class B - 1,323 and 1,329 shares outstanding $ 3 $ 3