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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
May 31, 2025
May 31, 2024
Current assets:    
Cash and equivalents $ 7,464 $ 9,860
Short-term investments 1,687 1,722
Accounts receivable, net 4,717 4,427
Inventories 7,489 7,519
Prepaid expenses and other current assets 2,005 1,854
Total current assets 23,362 25,382
Property, plant and equipment, net 4,828 5,000
Operating lease right-of-use assets, net 2,712 2,718
Identifiable intangible assets, net 259 259
Goodwill 240 240
Deferred income taxes and other assets 5,178 4,511
TOTAL ASSETS 36,579 38,110
Current liabilities:    
Current portion of long-term debt 0 1,000
Notes payable 5 6
Accounts payable 3,479 2,851
Current portion of operating lease liabilities 502 477
Accrued liabilities 5,911 5,725
Income taxes payable 669 534
Total current liabilities 10,566 10,593
Long-term debt 7,961 7,903
Operating lease liabilities 2,550 2,566
Deferred income taxes and other liabilities 2,289 2,618
Commitments and contingencies (Note 16)
Redeemable preferred stock 0 0
Shareholders' equity:    
Capital in excess of stated value 14,195 13,409
Accumulated other comprehensive income (loss) (258) 53
Retained earnings (deficit) (727) 965
Total shareholders' equity 13,213 14,430
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY 36,579 38,110
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