XML 33 R2.htm IDEA: XBRL DOCUMENT v3.19.2
Consolidated Balance Sheets - USD ($)
$ in Millions
May 31, 2019
May 31, 2018
CURRENT ASSETS    
Cash and cash equivalents $ 2,319 $ 3,265
Receivables, less allowances of $300 and $401 9,116 8,481
Spare parts, supplies and fuel, less allowances of $335 and $268 553 525
Prepaid expenses and other 1,098 1,070
Total current assets 13,086 13,341
PROPERTY AND EQUIPMENT, AT COST    
Aircraft and related equipment 22,793 20,749
Package handling and ground support equipment 10,409 9,727
Information technology 6,268 5,794
Vehicles and trailers 8,339 7,708
Facilities and other 11,702 11,143
Gross property and equipment 59,511 55,121
Less accumulated depreciation and amortization 29,082 26,967
Net property and equipment 30,429 28,154
OTHER LONG-TERM ASSETS    
Goodwill 6,884 6,973
Other assets 4,004 3,862
Total other long-term assets 10,888 10,835
ASSETS [1] 54,403 52,330
CURRENT LIABILITIES    
Current portion of long-term debt 964 1,342
Accrued salaries and employee benefits 1,741 2,177
Accounts payable 3,030 2,977
Accrued expenses 3,278 3,131
Total current liabilities 9,013 9,627
LONG-TERM DEBT, LESS CURRENT PORTION 16,617 15,243
OTHER LONG-TERM LIABILITIES    
Deferred income taxes 2,821 2,867
Pension, postretirement healthcare and other benefit obligations 5,095 2,187
Self-insurance accruals 1,899 1,784
Deferred lease obligations 531 551
Deferred gains, principally related to aircraft transactions 99 121
Other liabilities 571 534
Total other long-term liabilities 11,016 8,044
COMMITMENTS AND CONTINGENCIES
COMMON STOCKHOLDERS' INVESTMENT    
Common stock, $0.10 par value; 800 million shares authorized; 318 million shares issued as of May 31, 2019 and 2018 32 32
Additional paid-in capital 3,231 3,117
Retained earnings 24,648 24,823
Accumulated other comprehensive loss (865) (578)
Treasury stock, at cost (9,289) (7,978)
Total common stockholders’ investment 17,757 19,416
LIABILITIES AND COMMON STOCKHOLDERS' INVESTMENT $ 54,403 $ 52,330
[1] Segment assets include intercompany receivables.