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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Feb. 28, 2023
May 31, 2022
CURRENT ASSETS    
Cash and cash equivalents $ 5,373 $ 6,897
Receivables, less allowances of $784 and $692 10,721 11,863
Spare parts, supplies, and fuel, less allowances of $275 and $360 631 637
Prepaid expenses and other 1,219 968
Total current assets 17,944 20,365
PROPERTY AND EQUIPMENT, AT COST 79,335 75,275
Less accumulated depreciation and amortization 39,486 37,184
Net property and equipment 39,849 38,091
OTHER LONG-TERM ASSETS    
Operating lease right-of-use assets, net 17,410 16,613
Goodwill 6,455 6,544
Other assets 4,117 4,381
Total other long-term assets 27,982 27,538
ASSETS 85,775 85,994
CURRENT LIABILITIES    
Current portion of long-term debt 147 82
Accrued salaries and employee benefits 2,266 2,531
Accounts payable 3,987 4,030
Operating lease liabilities 2,446 2,443
Accrued expenses 4,734 5,188
Total current liabilities 13,580 14,274
LONG-TERM DEBT, LESS CURRENT PORTION 20,122 20,182
OTHER LONG-TERM LIABILITIES    
Deferred income taxes 4,313 4,093
Pension, postretirement healthcare, and other benefit obligations 3,779 4,448
Self-insurance accruals 3,201 2,889
Operating lease liabilities 15,373 14,487
Other liabilities 674 682
Total other long-term liabilities 27,340 26,599
COMMITMENTS AND CONTINGENCIES
COMMON STOCKHOLDERS' INVESTMENT    
Common stock, $0.10 par value; 800 million shares authorized; 318 million shares issued as of February 28, 2023 and May 31, 2022 32 32
Additional paid-in capital 3,735 3,712
Retained earnings 34,040 32,782
Accumulated other comprehensive loss (1,308) (1,103)
Treasury stock, at cost (11,766) (10,484)
Total common stockholders’ investment 24,733 24,939
LIABILITIES AND COMMON STOCKHOLDERS' INVESTMENT $ 85,775 $ 85,994