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Consolidated Balance Sheets - USD ($)
$ in Millions
May 31, 2021
May 31, 2020
Current assets:    
Cash and equivalents $ 9,889 $ 8,348
Short-term investments 3,587 439
Accounts receivable, net 4,463 2,749
Inventories 6,854 7,367
Prepaid expenses and other current assets 1,498 1,653
Total current assets 26,291 20,556
Property, plant and equipment, net 4,904 4,866
Operating lease right-of-use assets, net 3,113 3,097
Identifiable intangible assets, net 269 274
Goodwill 242 223
Deferred income taxes and other assets 2,921 2,326
TOTAL ASSETS 37,740 31,342
Current liabilities:    
Current portion of long-term debt 0 3
Notes payable 2 248
Accounts payable 2,836 2,248
Current portion of operating lease liabilities 467 445
Accrued liabilities 6,063 5,184
Income taxes payable 306 156
Total current liabilities 9,674 8,284
Long-term debt 9,413 9,406
Operating lease liabilities 2,931 2,913
Deferred income taxes and other liabilities 2,955 2,684
Commitments and contingencies (Note 18)
Redeemable preferred stock 0 0
Shareholders' equity:    
Capital in excess of stated value 9,965 8,299
Accumulated other comprehensive income (loss) (380) (56)
Retained earnings (deficit) 3,179 (191)
Total shareholders' equity 12,767 8,055
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY 37,740 31,342
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