Consolidated Balance Sheets - USD ($) $ in Millions		May 31, 2023	May 31, 2022
CURRENT ASSETS
Cash and cash equivalents		$ 6,856	$ 6,897
Receivables, less allowances of $800 and $692		10,188	11,863
Spare parts, supplies, and fuel, less allowances of $276 and $360		604	637
Prepaid expenses and other		962	968
Total current assets		18,610	20,365
PROPERTY AND EQUIPMENT, AT COST
Aircraft and related equipment		29,108	27,874
Package handling and ground support equipment		16,839	14,930
Information technology		8,792	8,098
Vehicles and trailers		10,191	9,806
Facilities and other		15,694	14,567
Total property and equipment, at cost		80,624	75,275
Less accumulated depreciation and amortization		39,926	37,184
Net property and equipment		40,698	38,091
OTHER LONG-TERM ASSETS
Operating lease right-of-use assets, net		17,347	16,613
Goodwill		6,435	6,544
Other assets		4,053	4,381
Total other long-term assets		27,835	27,538
TOTAL ASSETS	[1]	87,143	85,994
CURRENT LIABILITIES
Current portion of long-term debt		126	82
Accrued salaries and employee benefits		2,475	2,531
Accounts payable		3,848	4,030
Operating lease liabilities		2,390	2,443
Accrued expenses		4,747	5,188
Total current liabilities		13,586	14,274
LONG-TERM DEBT, LESS CURRENT PORTION		20,453	20,182
OTHER LONG-TERM LIABILITIES
Deferred income taxes		4,489	4,093
Pension, postretirement healthcare and other benefit obligations		3,130	4,448
Self-insurance accruals		3,339	2,889
Operating lease liabilities		15,363	14,487
Other liabilities		695	682
Total other long-term liabilities		27,016	26,599
COMMITMENTS AND CONTINGENCIES
COMMON STOCKHOLDERS' INVESTMENT
Common stock, $0.10 par value; 800 million shares authorized; 318 million shares issued as of May 31, 2023 and 2022		32	32
Additional paid-in capital		3,769	3,712
Retained earnings		35,259	32,782
Accumulated other comprehensive loss		(1,327)	(1,103)
Treasury stock, at cost		(11,645)	(10,484)
Total common stockholders’ investment		26,088	24,939
TOTAL LIABILITIES AND COMMON STOCKHOLDERS' INVESTMENT		$ 87,143	$ 85,994

[1] Segment assets include intercompany receivables.