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Consolidated Balance Sheets - USD ($)
$ in Millions
May 31, 2022
May 31, 2021
Current assets:    
Cash and equivalents $ 8,574 $ 9,889
Short-term investments 4,423 3,587
Accounts receivable, net 4,667 4,463
Inventories 8,420 6,854
Prepaid expenses and other current assets 2,129 1,498
Total current assets 28,213 26,291
Property, plant and equipment, net 4,791 4,904
Operating lease right-of-use assets, net 2,926 3,113
Identifiable intangible assets, net 286 269
Goodwill 284 242
Deferred income taxes and other assets 3,821 2,921
TOTAL ASSETS 40,321 37,740
Current liabilities:    
Current portion of long-term debt 500 0
Notes payable 10 2
Accounts payable 3,358 2,836
Current portion of operating lease liabilities 420 467
Accrued liabilities 6,220 6,063
Income taxes payable 222 306
Total current liabilities 10,730 9,674
Long-term debt 8,920 9,413
Operating lease liabilities 2,777 2,931
Deferred income taxes and other liabilities 2,613 2,955
Commitments and contingencies (Note 18)
Redeemable preferred stock 0 0
Shareholders' equity:    
Capital in excess of stated value 11,484 9,965
Accumulated other comprehensive income (loss) 318 (380)
Retained earnings (deficit) 3,476 3,179
Total shareholders' equity 15,281 12,767
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY 40,321 37,740
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