Fair Value Measurements: (Tables)

9 Months Ended

Feb. 29, 2012

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis

The following table presents information about the Company’s financial assets and liabilities measured at fair value on a recurring basis as of February 29, 2012 and May 31, 2011 and indicates the fair value hierarchy of the valuation techniques utilized by the Company to determine such fair value.

	February 29, 2012
	Fair Value Measurements Using						Assets /Liabilities at Fair Value
	Level 1		Level 2		Level 3				Balance Sheet Classification
	(in millions)
Assets
Derivatives:
Foreign exchange forwards		0		141		0		141	Other current assets and other long-term assets
Interest rate swap contracts		0		16		0		16	Other current assets and other long-term assets
Total derivatives		0		157		0		157
Available-for-sale securities:
U.S. Treasury securities		79		0		0		79	Cash and equivalents
U.S. Agency securities		0		95		0		95	Cash and equivalents
Commercial paper and bonds		0		150		0		150	Cash and equivalents
Money market funds		0		801		0		801	Cash and equivalents
U.S. Treasury securities		705		0		0		705	Short-term investments
U.S. Agency securities		0		277		0		277	Short-term investments
Commercial paper and bonds		0		194		0		194	Short-term investments
Non-marketable preferred stock		0		0		3		3	Other long-term assets
Total available-for-sale securities		784		1,517		3		2,304
Total Assets		784		1,674		3		2,461
Liabilities
Derivatives:
Foreign exchange forwards		0		75		0		75	Accrued liabilities and other long-term liabilities
Total Liabilities		0		75		0		75

	May 31, 2011
	Fair Value Measurements Using						Assets /Liabilities at Fair Value
	Level 1		Level 2		Level 3				Balance Sheet Classification
	(in millions)
Assets
Derivatives:
Foreign exchange forwards		0		38		0		38	Other current assets and other long-term assets
Interest rate swap contracts		0		15		0		15	Other current assets and other long-term assets
Total derivatives		0		53		0		53
Available-for-sale securities:
U.S. Treasury securities		125		0		0		125	Cash and equivalents
Commercial paper and bonds		0		157		0		157	Cash and equivalents
Money market funds		0		780		0		780	Cash and equivalents
U.S. Treasury securities		1,473		0		0		1,473	Short-term investments
U.S. Agency securities		0		308		0		308	Short-term investments
Commercial paper and bonds		0		802		0		802	Short-term investments
Total available-for-sale securities		1,598		2,047		0		3,645
Total Assets		1,598		2,100		0		3,698
Liabilities
Derivatives:
Foreign exchange forwards		0		197		0		197	Accrued liabilities and other long-term liabilities
Total Liabilities		0		197		0		197

Available-for-sale Securities

Short-term investments classified as available-for-sale consist of the following at fair value:

	February 29, 2012		May 31, 2011
	(in millions)
Available-for-sale investments:
U.S. Treasury and agencies	$	982	$	1,781
Corporate commercial paper and bonds		194		802
Total available-for-sale investments	$	1,176	$	2,583