Accumulated Other Comprehensive Loss (Tables)

9 Months Ended

Feb. 28, 2022

Accumulated Other Comprehensive Income Loss Tables [Abstract]

Schedule of Changes in Accumulated Other Comprehensive Income (Loss) ("AOCI")

The following table provides changes in accumulated other comprehensive income (“AOCI”), net of tax, reported in our unaudited condensed consolidated financial statements for the periods ended February 28 (in millions; amounts in parentheses indicate debits to AOCI):

	Three Months Ended						Nine Months Ended
	2022			2021			2022			2021
Foreign currency translation loss:
Balance at beginning of period	$	(1,026	)	$	(954	)	$	(785	)	$	(1,207	)
Translation adjustments		91			136			(150	)		389
Balance at end of period		(935	)		(818	)		(935	)		(818	)
Retirement plans adjustments:
Balance at beginning of period		49			56			53			60
Reclassifications from AOCI		(1	)		(2	)		(5	)		(6	)
Balance at end of period		48			54			48			54
Accumulated other comprehensive (loss) at end of period	$	(887	)	$	(764	)	$	(887	)	$	(764	)

Reclassification Out of Accumulated Other Comprehensive Income (Loss)

The following table presents details of the reclassifications from AOCI for the periods ended February 28 (in millions; amounts in parentheses indicate debits to earnings):

	Amount Reclassified from AOCI											Affected Line Item in the Income Statement
	Three Months Ended					Nine Months Ended
	2022			2021		2022			2021
Amortization of retirement plans    prior service credits, before tax	$	2		$	2	$	7		$	7		Other retirement plans income
Income tax benefit		(1	)		—		(2	)		(1	)	Provision for income taxes
AOCI reclassifications, net of tax	$	1		$	2	$	5		$	6		Net income