UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Aug. 31, 2023	May 31, 2023
Current assets:
Cash and equivalents	$ 6,178	$ 7,441
Short-term investments	2,612	3,234
Accounts receivable, net	4,749	4,131
Inventories	8,698	8,454
Prepaid expenses and other current assets	2,013	1,942
Total current assets	24,250	25,202
Property, plant and equipment, net	5,109	5,081
Operating lease right-of-use assets, net	2,939	2,923
Identifiable intangible assets, net	272	274
Goodwill	281	281
Deferred income taxes and other assets	3,935	3,770
TOTAL ASSETS	36,786	37,531
Current liabilities:
Current portion of long-term debt	0	0
Notes payable	6	6
Accounts payable	2,738	2,862
Current portion of operating lease liabilities	435	425
Accrued liabilities	4,987	5,723
Income taxes payable	295	240
Total current liabilities	8,461	9,256
Long-term debt	8,929	8,927
Operating lease liabilities	2,807	2,786
Deferred income taxes and other liabilities	2,618	2,558
Commitments and contingencies (Note 11)
Redeemable preferred stock	0	0
Shareholders' equity:
Capital in excess of stated value	12,590	12,412
Accumulated other comprehensive income (loss)	136	231
Retained earnings	1,242	1,358
Total shareholders' equity	13,971	14,004
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	36,786	37,531
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