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Consolidated Statements of Cash Flows (USD $)
In Millions
12 Months Ended
May 31, 2011
May 31, 2010
May 31, 2009
Operating Activities:      
Net income $ 1,452 $ 1,184 $ 98
Adjustments to reconcile net income to cash provided by operating activities:      
Depreciation and amortization 1,973 1,958 1,975
Provision for uncollectible accounts 152 124 181
Deferred income taxes and other noncash items 669 331 299
Impairment and other charges 29 18 1,103
Stock-based compensation 98 101 99
Changes in assets and liabilities:      
Receivables (400) (906) 762
Other assets (114) 276 (196)
Pension assets and liabilities, net (169) (611) (913)
Accounts payable and other liabilities 370 710 (628)
Other, net (19) (47) (27)
Cash provided by operating activities 4,041 3,138 2,753
Investing Activities:      
Capital expenditures (3,434) (2,816) (2,459)
Business acquisition, net of cash acquired (96)    
Proceeds from asset dispositions and other 111 35 76
Cash used in investing activities (3,419) (2,781) (2,383)
Financing Activities:      
Principal payments on debt (262) (653) (501)
Proceeds from debt issuance     1,000
Proceeds from stock issuances 108 94 41
Excess tax benefit on the exercise of stock options 23 25 4
Dividends paid (151) (138) (137)
Other, net (5) (20) (7)
Cash (used in) provided by financing activities (287) (692) 400
Effect of exchange rate changes on cash 41 (5) (17)
Net increase (decrease) in cash and cash equivalents 376 (340) 753
Cash and cash equivalents at beginning of period 1,952 2,292 1,539
Cash and cash equivalents at end of period $ 2,328 $ 1,952 $ 2,292