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Commitments (Tables)
3 Months Ended
Aug. 31, 2018
Commitments Tables [Abstract]  
Schedule of Purchase Commitments

As of August 31, 2018, our purchase commitments under various contracts for the remainder of 2018 and annually thereafter were as follows (in millions):

 

 

 

Aircraft and Related

 

 

Other(1)

 

 

Total

 

2019 (remainder)

 

$

1,341

 

 

$

664

 

 

$

2,005

 

2020

 

 

1,991

 

 

 

786

 

 

 

2,777

 

2021

 

 

2,315

 

 

 

500

 

 

 

2,815

 

2022

 

 

1,856

 

 

 

363

 

 

 

2,219

 

2023

 

 

1,561

 

 

 

263

 

 

 

1,824

 

Thereafter

 

 

2,986

 

 

 

532

 

 

 

3,518

 

Total

 

$

12,050

 

 

$

3,108

 

 

$

15,158

 

 

 

(1)

Primarily equipment and advertising contracts.

Schedule of Aircraft Purchase Commitments

The following table is a summary of the key aircraft we are committed to purchase as of August 31, 2018, with the year of expected delivery:

 

 

 

Cessna SkyCourier 408

 

 

ATR 72-600F

 

 

B767F

 

 

B777F

 

 

Total

 

2019 (remainder)

 

 

-

 

 

 

-

 

 

 

11

 

 

 

3

 

 

 

14

 

2020

 

 

-

 

 

 

-

 

 

 

17

 

 

 

5

 

 

 

22

 

2021

 

 

12

 

 

 

5

 

 

 

18

 

 

 

2

 

 

 

37

 

2022

 

 

12

 

 

 

6

 

 

 

12

 

 

 

3

 

 

 

33

 

2023

 

 

12

 

 

 

6

 

 

 

6

 

 

 

4

 

 

 

28

 

Thereafter

 

 

14

 

 

 

13

 

 

 

-

 

 

 

6

 

 

 

33

 

Total

 

 

50

 

 

 

30

 

 

 

64

 

 

 

23

 

 

 

167

 

 

Schedule of Future Minimum Lease Payments, Operating Leases

A summary of future minimum lease payments under noncancelable operating leases with an initial or remaining term in excess of one year at August 31, 2018 is as follows (in millions):

 

 

 

Aircraft

and Related

Equipment

 

 

Facilities

and Other

 

 

Total

Operating

Leases

 

2019 (remainder)

 

$

307

 

 

$

1,623

 

 

$

1,930

 

2020

 

 

261

 

 

 

1,961

 

 

 

2,222

 

2021

 

 

203

 

 

 

1,796

 

 

 

1,999

 

2022

 

 

185

 

 

 

1,615

 

 

 

1,800

 

2023

 

 

127

 

 

 

1,459

 

 

 

1,586

 

Thereafter

 

 

48

 

 

 

8,319

 

 

 

8,367

 

Total

 

$

1,131

 

 

$

16,773

 

 

$

17,904