Accrued Liabilities (Tables)

3 Months Ended

Aug. 31, 2020

Accrued Liabilities, Current [Abstract]

Schedule of Accrued Liabilities

Accrued liabilities included the following:

	AUGUST 31,		MAY 31,
(Dollars in millions)	2020		2020
Sales-related reserves	$	1,127	$	1,178
Compensation and benefits, excluding taxes	950		1,248
Fair value of derivatives	512		190
Allowance for expected loss on sale(1)	438		405
Other	2,715		2,163
TOTAL ACCRUED LIABILITIES	$	5,742	$	5,184

(1)Refer to Note 13 — Acquisitions and Divestitures for additional information