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UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Nov. 30, 2022
May 31, 2022
Current assets:    
Cash and equivalents $ 6,490 $ 8,574
Short-term investments 4,131 4,423
Accounts receivable, net 5,437 4,667
Inventories 9,326 8,420
Prepaid expenses and other current assets 2,063 2,129
Total current assets 27,447 28,213
Property, plant and equipment, net 4,854 4,791
Operating lease right-of-use assets, net 2,809 2,926
Identifiable intangible assets, net 280 286
Goodwill 281 284
Deferred income taxes and other assets 3,976 3,821
TOTAL ASSETS 39,647 40,321
Current liabilities:    
Current portion of long-term debt 500 500
Notes payable 7 10
Accounts payable 2,810 3,358
Current portion of operating lease liabilities 426 420
Accrued liabilities 6,020 6,220
Income taxes payable 436 222
Total current liabilities 10,199 10,730
Long-term debt 8,924 8,920
Operating lease liabilities 2,668 2,777
Deferred income taxes and other liabilities 2,584 2,613
Commitments and contingencies
Redeemable preferred stock 0 0
Shareholders' equity:    
Capital in excess of stated value 11,851 11,484
Accumulated other comprehensive income (loss) 559 318
Retained earnings 2,859 3,476
Total shareholders' equity 15,272 15,281
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY 39,647 40,321
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