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Unaudited Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Feb. 28, 2019
May 31, 2018
Current assets:    
Cash and equivalents $ 3,695 $ 4,249
Short-term investments 351 996
Accounts receivable, net 4,549 3,498
Inventories 5,415 5,261
Prepaid expenses and other current assets 1,786 1,130
Total current assets 15,796 15,134
Property, plant and equipment, net 4,688 4,454
Identifiable intangible assets, net 283 285
Goodwill 154 154
Deferred income taxes and other assets 2,000 2,509
TOTAL ASSETS 22,921 22,536
Current liabilities:    
Current portion of long-term debt 6 6
Notes payable 16 336
Accounts payable 2,307 2,279
Accrued liabilities 4,738 3,269
Income taxes payable 214 150
Total current liabilities 7,281 6,040
Long-term debt 3,465 3,468
Deferred income taxes and other liabilities 3,214 3,216
Commitments and contingencies (Note 13)
Redeemable preferred stock 0 0
Shareholders’ equity:    
Capital in excess of stated value 6,910 6,384
Accumulated other comprehensive income (loss) 197 (92)
Retained earnings 1,851 3,517
Total shareholders’ equity 8,961 9,812
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY 22,921 22,536
Class A convertible — 315 and 329 shares outstanding    
Shareholders’ equity:    
Common stock at stated value 0 0
Class B — 1,258 and 1,272 shares outstanding    
Shareholders’ equity:    
Common stock at stated value $ 3 $ 3