Accumulated Other Comprehensive Income (Loss)

3 Months Ended

Aug. 31, 2016

Accumulated Other Comprehensive Income Loss Net Of Tax [Abstract]

Accumulated Other Comprehensive Income (Loss)

(2)Accumulated Other Comprehensive Income

The following table provides changes in accumulated other comprehensive income (“AOCI”), net of tax, reported in our unauditedcondensed consolidated financial statements for the three-month periods ended August 31 (in millions; amounts in parentheses indicate debits to AOCI):

		2016		2015
Foreign currency translation loss:
	Balance at beginning of period	$	(514)	$	(253)
	Translation adjustments		12		(138)
	Balance at end of period		(502)		(391)
Retirement plans adjustments:
	Balance at beginning of period		345		425
	Reclassifications from AOCI		(19)		(24)
	Balance at end of period		326		401
Accumulated other comprehensive (loss) income at end of period		$	(176)	$	10

The following table presents details of the reclassifications from AOCI for the three-month periods ended August 31 (in millions; amounts in parentheses indicate debits to earnings):

		Amount Reclassified from AOCI				Affected Line Item in the Income Statement
		2016		2015
Amortization of retirement plans
	prior service credits, before tax	$	30	$	31	Salaries and employee benefits
Income tax benefit			(11)		(7)	Provision for income taxes
AOCI reclassifications, net of tax		$	19	$	24	Net income