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LEASES (Tables)
 12 Months Ended
May 31, 2024
Leases [Abstract]  
Schedule of Lessee, Operating Lease, Liability, Maturity
The undiscounted cash flows for future maturities of the Company's operating lease liabilities and the reconciliation to the Operating lease liabilities recognized in the Company's Consolidated Balance Sheets are as follows:
(Dollars in millions)
AS OF MAY 31, 2024(1)
Fiscal 2025$572 
Fiscal 2026554 
Fiscal 2027485 
Fiscal 2028403 
Fiscal 2029362 
Thereafter991 
Total undiscounted future cash flows related to lease payments$3,367 
Less interest 324 
Present value of lease liabilities$3,043 
(1)Excludes $614 million as of May 31, 2024, of future operating lease payments for lease agreements signed but not yet commenced.
Schedule of Lease, Cost
The following table includes supplemental information used to calculate the present value of Operating lease liabilities:
AS OF MAY 31,
20242023
Weighted-average remaining lease term (in years)6.97.5
Weighted-average discount rate2.9 %2.5 %
The following table includes supplemental cash and non-cash information related to operating leases:
YEAR ENDED MAY 31,
(Dollars in millions)
202420232022
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases$613 $575 $589 
Operating lease right-of-use assets obtained in exchange for new operating lease liabilities$458 $602 $537