Consolidated Balance Sheets - USD ($) $ in Millions		May 31, 2022	May 31, 2021
CURRENT ASSETS
Cash and cash equivalents		$ 6,897	$ 7,087
Receivables, less allowances of $692 and $742		11,863	12,069
Spare parts, supplies, and fuel, less allowances of $360 and $349		637	587
Prepaid expenses and other		968	837
Total current assets		20,365	20,580
PROPERTY AND EQUIPMENT, AT COST
Aircraft and related equipment		27,874	26,268
Package handling and ground support equipment		14,930	13,012
Information technology		8,098	7,486
Vehicles and trailers		9,806	9,282
Facilities and other		14,567	14,029
Total property and equipment, at cost		75,275	70,077
Less accumulated depreciation and amortization		37,184	34,325
Net property and equipment		38,091	35,752
OTHER LONG-TERM ASSETS
Operating lease right-of-use assets, net		16,613	15,383
Goodwill		6,544	6,992
Other assets		4,381	4,070
Total other long-term assets		27,538	26,445
TOTAL ASSETS	[1]	85,994	82,777
CURRENT LIABILITIES
Current portion of long-term debt		82	146
Accrued salaries and employee benefits		2,531	2,903
Accounts payable		4,030	3,841
Operating lease liabilities		2,443	2,208
Accrued expenses		5,188	4,562
Total current liabilities		14,274	13,660
LONG-TERM DEBT, LESS CURRENT PORTION		20,182	20,733
OTHER LONG-TERM LIABILITIES
Deferred income taxes		4,093	3,927
Pension, postretirement healthcare and other benefit obligations		4,448	3,501
Self-insurance accruals		2,889	2,430
Operating lease liabilities		14,487	13,375
Other liabilities		682	983
Total other long-term liabilities		26,599	24,216
COMMITMENTS AND CONTINGENCIES
COMMON STOCKHOLDERS' INVESTMENT
Common stock, $0.10 par value; 800 million shares authorized; 318 million shares issued as of May 31, 2022 and 2021		32	32
Additional paid-in capital		3,712	3,481
Retained earnings		32,782	29,817
Accumulated other comprehensive loss		(1,103)	(732)
Treasury stock, at cost		(10,484)	(8,430)
Total common stockholders’ investment		24,939	24,168
TOTAL LIABILITIES AND COMMON STOCKHOLDERS' INVESTMENT		$ 85,994	$ 82,777

[1] Segment assets include intercompany receivables.