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Short-Term Borrowings and Credit Lines (Tables)
 12 Months Ended
May 31, 2017
Debt Disclosure [Abstract]  
Schedule of Short-term Debt
Notes payable and interest-bearing accounts payable to Sojitz Corporation of America (“Sojitz America”) as of May 31, 2017 and 2016 are summarized below:
 
 
As of May 31,
 
 
 
2017
 
2016
(Dollars in millions)
 
Borrowings

 
Interest Rate
 
Borrowings

 
Interest Rate
Notes payable:
 
 
 
 
 
 
 
 
 
 
Commercial paper
 
$
325

 
0.86
%
 
 
$
—

 
0.00
%
 
U.S. operations
 
—

 
0.00
%
(1) 
 
—

 
0.00
%
(1) 
Non-U.S. operations
 
—

 
0.00
%
(1) 
 
1

 
13.00
%
(1) 
TOTAL NOTES PAYABLE
 
$
325

 
 
 
 
$
1

 
 
 
Interest-bearing accounts payable:
 
 
 
 
 
 
 
 
 
 
Sojitz America
 
$
51

 
1.78
%
 
 
$
39

 
1.27
%
 
(1)
Weighted average interest rate includes non-interest bearing overdrafts.