Accumulated Other Comprehensive Income

12 Months Ended

May 31, 2016

Accumulated Other Comprehensive Income Net Of Tax [Abstract]

Accumulated Other Comprehensive Income

NOTE 9:ACCUMULATED OTHER COMPREHENSIVE INCOME

The following table provides changes in accumulated other comprehensive income (loss) (“AOCI”), net of tax, reported in the consolidated financial statements for the years ended May 31 (in millions; amounts in parentheses indicate debits to AOCI):

		2016		2015		2014
Foreign currency translation gain (loss):
	Balance at beginning of period	$	(253)	$	81	$	106
	Translation adjustments		(261)		(334)		(25)
	Balance at end of period		(514)		(253)		81
Retirement plans adjustments:
	Balance at beginning of period		425		425		501
	Prior service credit and other arising during period		(4)		72		1
	Reclassifications from AOCI		(76)		(72)		(77)
	Balance at end of period		345		425		425
Accumulated other comprehensive (loss)
	income at end of period	$	(169)	$	172	$	506

The following table presents details of the reclassifications from AOCI for the years ended May 31 (in millions;amounts in parentheses indicate debits to earnings):

		Amount Reclassified from						Affected Line Item in the
		AOCI						Income Statement
		2016		2015		2014
Amortization of retirement plans prior
	service credits, before tax	$	121	$	115	$	115	Salaries and employee benefits
Income tax benefit			(45)		(43)		(38)	Provision for income taxes
AOCI reclassifications, net of tax		$	76	$	72	$	77	Net income