Accumulated Other Comprehensive Loss

9 Months Ended

Feb. 29, 2020

Accumulated Other Comprehensive Income Loss Net Of Tax [Abstract]

Accumulated Other Comprehensive Loss

(2) Accumulated Other Comprehensive Loss

The following table provides changes in AOCI, net of tax, reported in our unaudited condensed consolidated financial statements for the periods ended February 29, 2020 and February 28, 2019 (in millions; amounts in parentheses indicate debits to AOCI):

	Three Months Ended						Nine Months Ended
	2020			2019			2020			2019
Foreign currency translation loss:
Balance at beginning of period	$	(964	)	$	(952	)	$	(954	)	$	(759	)
Translation adjustments		(1	)		103			(12	)		(90	)
Reclassification to retained earnings due to the adoption of ASU 2018-02		—			—			1			—
Balance at end of period		(965	)		(849	)		(965	)		(849	)
Retirement plans adjustments:
Balance at beginning of period		98			135			89			181
Reclassifications from AOCI		(20	)		(23	)		(61	)		(69	)
Reclassification to retained earnings due to the adoption of ASU 2018-02		—			—			50			—
Balance at end of period		78			112			78			112
Accumulated other comprehensive (loss) at end of period	$	(887	)	$	(737	)	$	(887	)	$	(737	)

The following table presents details of the reclassifications from AOCI for the periods ended February 29, 2020 and February 28, 2019 (in millions; amounts in parentheses indicate debits to earnings):

	Amount Reclassified from AOCI												Affected Line Item in the Income Statement
	Three Months Ended						Nine Months Ended
	2020			2019			2020			2019
Amortization of retirement plans    prior service credits, before tax	$	27		$	30		$	80		$	90		Salaries and employee benefits
Income tax benefit		(7	)		(7	)		(19	)		(21	)	Provision for income taxes
AOCI reclassifications, net of tax	$	20		$	23		$	61		$	69		Net income