PROPERTY, PLANT AND EQUIPMENT

12 Months Ended

May 31, 2024

Property, Plant and Equipment [Abstract]

PROPERTY, PLANT AND EQUIPMENT

NOTE 2 — PROPERTY, PLANT AND EQUIPMENT

Property, plant and equipment, net included the following:

	MAY 31,
(Dollars in millions)	2024		2023
Land and improvements	$	329	$	326
Buildings	3,439		3,293
Machinery and equipment	3,123		3,083
Internal-use software	1,807		1,612
Leasehold improvements	2,023		1,876
Construction in process	193		525
Total property, plant and equipment, gross	10,914		10,715
Less accumulated depreciation	5,914		5,634
TOTAL PROPERTY, PLANT AND EQUIPMENT, NET	$	5,000	$	5,081

Capitalized interest was not material for the fiscal years ended May 31, 2024, 2023 and 2022.