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Consolidated Balance Sheets (USD $)
In Millions, unless otherwise specified
May 31, 2014
May 31, 2013
CURRENT ASSETS    
Cash and cash equivalents $ 2,908 $ 4,917
Receivables, less allowances of $164 and $176 5,460 5,044
Spare parts, supplies and fuel, less allowances of $212 and $205 463 457
Deferred income taxes 522 533
Prepaid expenses and other 330 323
Total current assets 9,683 11,274
PROPERTY AND EQUIPMENT, AT COST    
Aircraft and related equipment 15,632 14,716
Package handling and ground support equipment 7,196 6,452
Computer and electronic equipment 5,169 4,958
Vehicles 4,400 4,080
Facilities and other 8,294 7,903
Gross property and equipment 40,691 38,109
Less accumulated depreciation and amortization 21,141 19,625
Net property and equipment 19,550 18,484
OTHER LONG-TERM ASSETS    
Goodwill 2,790 2,755
Other assets 1,047 1,054
Total other long-term assets 3,837 3,809
ASSETS 33,070 33,567
CURRENT LIABILITIES    
Current portion of long-term debt 1 251
Accrued salaries and employee benefits 1,277 1,688
Accounts payable 1,971 1,879
Accrued expenses 2,063 1,932
Total current liabilities 5,312 5,750
LONG-TERM DEBT, LESS CURRENT PORTION 4,736 2,739
OTHER LONG-TERM LIABILITIES    
Deferred income taxes 2,114 1,652
Pension, postretirement healthcare and other benefit obligations 3,484 3,916
Self-insurance accruals 1,038 987
Deferred lease obligations 758 778
Deferred gains, principally related to aircraft transactions 206 227
Other liabilities 145 120
Total other long-term liabilities 7,745 7,680
COMMITMENTS AND CONTINGENCIES      
COMMON STOCKHOLDERS' INVESTMENT    
Common stock, $0.10 par value; 800 million shares authorized; 318 million shares issued as of May 31, 2014 and 2013 32 32
Additional paid-in capital 2,643 2,668
Retained earnings 20,429 18,519
Accumulated other comprehensive loss (3,694) (3,820)
Treasury stock, at cost (4,133) (1)
Total common stockholders' investment 15,277 17,398
LIABILITIES AND STOCKHOLDERS' INVESTMENT $ 33,070 $ 33,567