Accumulated Other Comprehensive Income (Loss) (Tables)

6 Months Ended

Nov. 30, 2017

Accumulated Other Comprehensive Income Loss Tables [Abstract]

Schedule of Accumulated Other Comprehensive Income (Loss)

The following table provides changes in accumulated other comprehensive income (loss) (“AOCI”), net of tax, reported in our unaudited condensed consolidated financial statements for the periods ended November 30 (in millions; amounts in parentheses indicate debits to AOCI):

	Three Months Ended						Six Months Ended
	2017			2016			2017			2016
Foreign currency translation loss:
Balance at beginning of period	$	(576	)	$	(502	)	$	(685	)	$	(514	)
Translation adjustments		(90	)		(230	)		19			(218	)
Balance at end of period		(666	)		(732	)		(666	)		(732	)
Retirement plans adjustments:
Balance at beginning of period		251			326			270			345
Reclassifications from AOCI		(19	)		(19	)		(38	)		(38	)
Balance at end of period		232			307			232			307
Accumulated other comprehensive (loss) at end of period	$	(434	)	$	(425	)	$	(434	)	$	(425	)

Reclassification Out of Accumulated Other Comprehensive Income (Loss)

The following table presents details of the reclassifications from AOCI for the periods ended November 30 (in millions; amounts in parentheses indicate debits to earnings):

	Amount Reclassified from AOCI												Affected Line Item in the Income Statement
	Three Months Ended						Six Months Ended
	2017			2016			2017			2016
Amortization of retirement plans    prior service credits, before tax	$	30		$	30		$	60		$	60		Salaries and employee benefits
Income tax benefit		(11	)		(11	)		(22	)		(22	)	Provision for income taxes
AOCI reclassifications, net of tax	$	19		$	19		$	38		$	38		Net income