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Consolidated Balance Sheets - USD ($)
$ in Millions
May 31, 2020
May 31, 2019
CURRENT ASSETS    
Cash and cash equivalents $ 4,881 $ 2,319
Receivables, less allowances of $390 and $300 10,102 9,116
Spare parts, supplies and fuel, less allowances of $335 and $335 572 553
Prepaid expenses and other 828 1,098
Total current assets 16,383 13,086
PROPERTY AND EQUIPMENT, AT COST    
Aircraft and related equipment 24,518 22,793
Package handling and ground support equipment 11,382 10,409
Information technology 6,884 6,268
Vehicles and trailers 9,101 8,339
Facilities and other 13,139 11,702
Gross property and equipment 65,024 59,511
Less accumulated depreciation and amortization 31,416 29,082
Net property and equipment 33,608 30,429
OTHER LONG-TERM ASSETS    
Operating lease right-of-use assets, net 13,917  
Goodwill 6,372 6,884
Other assets 3,257 4,004
Total other long-term assets 23,546 10,888
ASSETS [1] 73,537 54,403
CURRENT LIABILITIES    
Current portion of long-term debt 51 964
Accrued salaries and employee benefits 1,569 1,741
Accounts payable 3,269 3,030
Operating lease liabilities 1,923  
Accrued expenses 3,532 3,278
Total current liabilities 10,344 9,013
LONG-TERM DEBT, LESS CURRENT PORTION 21,952 16,617
OTHER LONG-TERM LIABILITIES    
Deferred income taxes 3,162 2,821
Pension, postretirement healthcare and other benefit obligations 5,019 5,095
Self-insurance accruals 2,104 1,899
Operating lease liabilities 12,195  
Deferred lease obligations   531
Other liabilities 466 670
Total other long-term liabilities 22,946 11,016
COMMITMENTS AND CONTINGENCIES
COMMON STOCKHOLDERS' INVESTMENT    
Common stock, $0.10 par value; 800 million shares authorized; 318 million shares issued as of May 31, 2020 and 2019 32 32
Additional paid-in capital 3,356 3,231
Retained earnings 25,216 24,648
Accumulated other comprehensive loss (1,147) (865)
Treasury stock, at cost (9,162) (9,289)
Total common stockholders’ investment 18,295 17,757
LIABILITIES AND COMMON STOCKHOLDERS' INVESTMENT $ 73,537 $ 54,403
[1] Segment assets include intercompany receivables.