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Unaudited Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Feb. 28, 2018
May 31, 2017
Current assets:    
Cash and equivalents $ 3,662 $ 3,808
Short-term investments 1,089 2,371
Accounts receivable, net 3,792 3,677
Inventories 5,366 5,055
Prepaid expenses and other current assets 1,446 1,150
Total current assets 15,355 16,061
Property, plant and equipment, net 4,298 3,989
Identifiable intangible assets, net 282 283
Goodwill 139 139
Deferred income taxes and other assets 2,478 2,787
TOTAL ASSETS 22,552 23,259
Current liabilities:    
Current portion of long-term debt 6 6
Notes payable 11 325
Accounts payable 1,961 2,048
Accrued liabilities 3,727 3,011
Income taxes payable 78 84
Total current liabilities 5,783 5,474
Long-term debt 3,469 3,471
Deferred income taxes and other liabilities 3,518 1,907
Commitments and contingencies (Note 12)
Redeemable preferred stock 0 0
Shareholders’ equity:    
Capital in excess of stated value 9,325 8,638
Accumulated other comprehensive loss (624) (213)
Retained earnings 1,078 3,979
Total shareholders’ equity 9,782 12,407
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY 22,552 23,259
Class A Convertible Common Stock    
Shareholders’ equity:    
Common stock at stated value: Class A convertible - 329 and 329 shares outstanding, Class B - 1,308 and 1,314 shares outstanding 0 0
Class B Common Stock    
Shareholders’ equity:    
Common stock at stated value: Class A convertible - 329 and 329 shares outstanding, Class B - 1,308 and 1,314 shares outstanding $ 3 $ 3