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Consolidated Balance Sheets - USD ($)
$ in Millions
May. 31, 2015
May. 31, 2014
CURRENT ASSETS    
Cash and cash equivalents $ 3,763 $ 2,908
Receivables, less allowances of $185 and $164 5,719 5,460
Spare parts, supplies and fuel, less allowances of $207 and $212 498 463
Deferred income taxes 606 522
Prepaid expenses and other 355 330
Total current assets 10,941 9,683
PROPERTY AND EQUIPMENT, AT COST    
Aircraft and related equipment 16,186 15,632
Package handling and ground support equipment 6,725 6,082
Computer and electronic equipment 5,208 5,097
Vehicles 5,816 5,514
Facilities and other 8,929 8,366
Gross property and equipment 42,864 40,691
Less accumulated depreciation and amortization 21,989 21,141
Net property and equipment 20,875 19,550
OTHER LONG-TERM ASSETS    
Goodwill 3,810 2,790
Other assets 1,443 1,047
Total other long-term assets 5,253 3,837
ASSETS 37,069 33,070
CURRENT LIABILITIES    
Current portion of long-term debt 19 1
Accrued salaries and employee benefits 1,436 1,277
Accounts payable 2,066 1,971
Accrued expenses 2,436 2,063
Total current liabilities 5,957 5,312
LONG-TERM DEBT, LESS CURRENT PORTION 7,249 4,736
OTHER LONG-TERM LIABILITIES    
Deferred income taxes 1,747 2,114
Pension, postretirement healthcare and other benefit obligations 4,893 3,484
Self-insurance accruals 1,120 1,038
Deferred lease obligations 711 758
Deferred gains, principally related to aircraft transactions 181 206
Other liabilities 218 145
Total other long-term liabilities $ 8,870 $ 7,745
COMMITMENTS AND CONTINGENCIES    
COMMON STOCKHOLDERS' INVESTMENT    
Common stock, $0.10 par value; 800 million shares authorized; 318 million shares issued as of May 31, 2015 and 2014 $ 32 $ 32
Additional paid-in capital 2,786 2,643
Retained earnings 16,900 16,229
Accumulated other comprehensive income 172 506
Treasury stock, at cost (4,897) (4,133)
Total common stockholders' investment 14,993 15,277
LIABILITIES AND STOCKHOLDERS' INVESTMENT $ 37,069 $ 33,070