Accrued Liabilities

6 Months Ended

Nov. 30, 2017

Accrued Liabilities, Current [Abstract]

Accrued Liabilities

Note 3 — Accrued Liabilities

Accrued liabilities included the following:

	As of November 30,		As of May 31,
(In millions)	2017		2017
Compensation and benefits, excluding taxes	$	730	$	871
Fair value of derivatives	449		168
Dividends payable	325		300
Endorsement compensation	311		396
Import and logistics costs	272		257
Taxes other than income taxes payable	260		196
Advertising and marketing	182		125
Other(1)	749		698
TOTAL ACCRUED LIABILITIES	$	3,278	$	3,011

(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, 2017 and May 31, 2017.