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Consolidated Balance Sheets - USD ($)
$ in Millions
May 31, 2020
May 31, 2019
Current assets:    
Cash and equivalents $ 8,348 $ 4,466
Short-term investments 439 197
Accounts receivable, net 2,749 4,272
Inventories 7,367 5,622
Prepaid expenses and other current assets 1,653 1,968
Total current assets 20,556 16,525
Property, plant and equipment, net 4,866 4,744
Operating lease right-of-use assets, net 3,097 0
Identifiable intangible assets, net 274 283
Goodwill 223 154
Deferred income taxes and other assets 2,326 2,011
TOTAL ASSETS 31,342 23,717
Current liabilities:    
Current portion of long-term debt 3 6
Notes payable 248 9
Accounts payable 2,248 2,612
Current portion of operating lease liabilities 445 0
Accrued liabilities 5,184 5,010
Income taxes payable 156 229
Total current liabilities 8,284 7,866
Long-term debt 9,406 3,464
Operating lease liabilities 2,913 0
Deferred income taxes and other liabilities 2,684 3,347
Commitments and contingencies (Note 18)
Redeemable preferred stock 0 0
Shareholders' equity:    
Capital in excess of stated value 8,299 7,163
Accumulated other comprehensive income (loss) (56) 231
Retained earnings (deficit) (191) 1,643
Total shareholders' equity 8,055 9,040
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY 31,342 23,717
Class A Convertible Common Stock    
Shareholders' equity:    
Common stock at stated value 0 0
Class B Common Stock    
Shareholders' equity:    
Common stock at stated value $ 3 $ 3