Retirement Plans (Tables)

12 Months Ended

May 31, 2011

	2011		2010		2009
U.S. domestic and international pension plans	$	543	$	308	$	177
U.S. domestic and international defined contribution plans		257		136		237
Postretirement healthcare plans		60		42		57

	$	860	$	486	$	471

Schedule of Weighted-Average Actuarial Assumptions for Primary U.S. Retirement Plans

Weighted-average actuarial assumptions for our primary U.S. retirement plans, which represent substantially all of our PBO and accumulated postretirement benefit obligation ("APBO"), are as follows:
		Pension Plans						Postretirement Healthcare Plans
		2011		2010		2009		2011		2010		2009

Discount rate used to determine benefit obligation		5.76	%	6.37	%	7.68	%	5.67	%	6.11	%	7.27	%
Discount rate used to determine net periodic benefit cost		6.37		7.68		7.15		6.11		7.27		7.13
Rate of increase in future compensation levels
	used to determine benefit obligation	4.58		4.63		4.42		-		-		-
Rate of increase in future compensation levels
	used to determine net periodic benefit cost	4.63		4.42		4.49		-		-		-
Expected long-term rate of return on assets		8.00		8.00		8.50		-		-		-

Schedule of Plan Assets at Measurement Date

		Plan Assets at Measurement Date
		2011
								Quoted Prices in Active Markets		Other Observable Inputs		Unobservable Inputs
Asset Class		Fair Value		Actual %		Target %		Level 1		Level 2		Level 3
Cash and cash equivalents		$	409	3	%	1	%	$	107	$	302
Domestic equities
	U.S. large cap equity		4,280	27		24			26		4,254
	U.S. SMID cap equity		1,481	10		9			1,481
International equities			2,013	13		12			1,702		311
Private equities			403	3		5						$	403
Fixed income securities						49
	Corporate		3,794	24							3,794
	U.S. government		3,135	20							3,135
	Mortgage backed and other		66	-							66
Other			(63)	-		-			(59)		(4)
		$	15,518	100	%	100	%	$	3,257	$	11,858	$	403

		2010
								Quoted Prices in Active Markets		Other Observable Inputs		Unobservable Inputs
Asset Class		Fair Value		Actual %		Target %		Level 1		Level 2		Level 3
Cash and cash equivalents		$	427	3	%	1	%	$	145	$	282
Domestic equities
	U.S. large cap equity		3,374	26		24					3,374
	U.S. SMID cap equity		1,195	9		9			1,195
International equities			1,502	12		12			1,262		240
Private equities			399	3		5						$	399
Fixed income securities						49
	Corporate		3,546	27							3,546
	U.S. government		2,537	19							2,537
	Mortgage backed and other		122	1							122
Other			(47)	-		-			(46)		(1)
		$	13,055	100	%	100	%	$	2,556	$	10,100	$	399

Schedule of Change in Fair Value of Level 3 Assets

Beginning balance May 31, 2009		$	341
Actual return on plan assets:
	Assets held at May 31, 2010		38
	Assets sold during the year		24
Purchases, sales and settlements			(4)

Balance at May 31, 2010			399
Actual return on plan assets:
	Assets held at May 31, 2011		27
	Assets sold during the year		36
Purchases, sales and settlements			(59)

Ending balance May 31, 2011		$	403

Schedule of Changes in the Pension and Postretirement Healthcare Plans' Benefit Obligation and Fair Value of Assets and Funded Status

			Pension Plans				Postretirement Healthcare Plans
			2011		2010		2011		2010
Accumulated Benefit Obligation ("ABO")			$	16,806	$	14,041
Changes in Projected Benefit Obligation ("PBO") and
	Accumulated Postretirement Benefit Obligation ("APBO")
PBO/APBO at the beginning of year			$	14,484	$	11,050	$	565	$	433
	Service cost			521		417		31		24
	Interest cost			900		823		34		30
	Actuarial loss			1,875		2,607		44		102
	Benefits paid			(468)		(391)		(48)		(45)
	Other			60		(22)		22		21
PBO/APBO at the end of year			$	17,372	$	14,484	$	648	$	565

Change in Plan Assets
Fair value of plan assets at the beginning of year			$	13,295	$	10,812	$	-	$	-
	Actual return on plan assets			2,425		1,994		-		-
	Company contributions			557		900		26		24
	Benefits paid			(468)		(391)		(48)		(45)
	Other			32		(20)		22		21
Fair value of plan assets at the end of year			$	15,841	$	13,295	$	-	$	-

Funded Status of the Plans			$	(1,531)	$	(1,189)	$	(648)	$	(565)

Amount Recognized in the Balance Sheet at May 31:
	Current pension, postretirement healthcare and other
		benefit obligations	$	(33)	$	(30)	$	(31)	$	(28)
	Noncurrent pension, postretirement healthcare and other
		benefit obligations		(1,498)		(1,159)		(617)		(537)
Net amount recognized			$	(1,531)	$	(1,189)	$	(648)	$	(565)

Amounts Recognized in AOCI and not yet reflected in
	Net Periodic Benefit Cost:
		Net actuarial loss (gain)	$	5,386	$	5,157	$	(85)	$	(134)
		Prior service (credit) cost and other		(993)		(1,106)		2		2
Total			$	4,393	$	4,051	$	(83)	$	(132)

Amounts Recognized in AOCI and not yet reflected in
	Net Periodic Benefit Cost expected to be amortized in
	next year's Net Periodic Benefit Cost:
		Net actuarial loss (gain)	$	307	$	284	$	(1)	$	(5)
		Prior service credit and other		(112)		(113)		-		-
Total			$	195	$	171	$	(1)	$	(5)

Schedule of Components of Pension Plans

Our pension plans included the following components at May 31, 2011 and 2010 (in millions):

		ABO		PBO		Fair Value of Plan Assets		Funded Status

2011
	Qualified	$	16,024	$	16,445	$	15,518	$	(927)
	Nonqualified		335		339		-		(339)
	International Plans		447		588		323		(265)
	Total	$	16,806	$	17,372	$	15,841	$	(1,531)

2010
	Qualified	$	13,311	$	13,635	$	13,055	$	(580)
	Nonqualified		346		348		-		(348)
	International Plans		384		501		240		(261)
	Total	$	14,041	$	14,484	$	13,295	$	(1,189)

Schedule of Fair Value of Plan Assets for Pension Plans with an Obligation in Excess of Plan Assets

		PBO Exceeds the Fair Value of Plan Assets
		2011		2010

Pension Benefits
	Fair value of plan assets	$	15,815	$	13,295
	PBO		(17,346)		(14,484)
	Net funded status	$	(1,531)	$	(1,189)

		ABO Exceeds the Fair Value of Plan Assets
		2011		2010

Pension Benefits
	ABO⁽¹⁾	$	(16,530)	$	(14,014)

	Fair value of plan assets		15,538		13,263
	PBO		(17,014)		(14,441)
	Net funded status	$	(1,476)	$	(1,178)

(1)ABO not used in determination of funded status.

Schedule of Pension Plans Contributions

	2011		2010


Required	$	359	$	353
Voluntary		121		495
	$	480	$	848

Schedule of Net Periodic Benefit Cost

	Pension Plans						Postretirement Healthcare Plans
	2011		2010		2009		2011		2010		2009

Service cost	$	521	$	417	$	499	$	31	$	24	$	31
Interest cost		900		823		798		34		30		33
Expected return on plan assets		(1,062)		(955)		(1,059)		-		-		-
Recognized actuarial losses (gains) and other		184		23		(61)		(5)		(12)		(7)
Net periodic benefit cost	$	543	$	308	$	177	$	60	$	42	$	57

The increase in pension costs from 2010 to 2011 was due to a significantly lower discount rate used to measure our benefit obligations at our May 31, 2010 measurement date.

Schedule of Amounts Recognized in Other Comprehensive Income for All Plans

Amounts recognized in OCI for all plans were as follows (in millions):

			2011								2010
			Pension Plans				Postretirement Healthcare Plans				Pension Plans				Postretirement Healthcare Plans
			Gross Amount		Net of Tax Amount		Gross Amount		Net of Tax Amount		Gross Amount		Net of Tax Amount		Gross Amount		Net of Tax Amount

Net loss and other
	arising during period		$	511	$	321	$	44	$	26	$	1,562	$	986	$	102	$	59
Loss from settlements
	and curtailments			(13)		(8)		-		-		-		-		-		-
Amortizations:
	Prior services credit			113		71		-		-		113		99		-		-
	Actuarial (losses) gains
		and other		(284)		(178)		5		3		(130)		(114)		12		12
Total recognized in OCI			$	327	$	206	$	49	$	29	$	1,545	$	971	$	114	$	71

Schedule of Expected Future Benefit Payments

Benefit payments, which reflect expected future service, are expected to be paid as follows for the years ending May 31 (millions):

	Pension Plans		Postretirement Healthcare Plans
2012	$	562	$	31
2013		633		31
2014		694		33
2015		754		35
2016		843		37
2017-2021		5,667		225