Accrued Liabilities

12 Months Ended

May 31, 2021

Accrued Liabilities, Current [Abstract]

Accrued Liabilities

NOTE 5 — ACCRUED LIABILITIES

Accrued liabilities included the following:

	MAY 31,
(Dollars in millions)	2021		2020
Compensation and benefits, excluding taxes	$	1,472	$	1,248
Sales-related reserves	1,077		1,178
Allowance for expected loss on sale(1)	358		405
Other	3,156		2,353
TOTAL ACCRUED LIABILITIES	$	6,063	$	5,184

(1)Refer to Note 20 — Acquisitions and Divestitures for additional information.