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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Aug. 31, 2020
May 31, 2020
CURRENT ASSETS    
Cash and cash equivalents $ 6,954 $ 4,881
Receivables, less allowances of $485 and $390 10,508 10,102
Spare parts, supplies and fuel, less allowances of $337 and $335 593 572
Prepaid expenses and other 848 828
Total current assets 18,903 16,383
PROPERTY AND EQUIPMENT, AT COST 66,446 65,024
Less accumulated depreciation and amortization 32,184 31,416
Net property and equipment 34,262 33,608
OTHER LONG-TERM ASSETS    
Operating lease right-of-use assets, net 14,496 13,917
Goodwill 6,633 6,372
Other assets 3,354 3,257
Total other long-term assets 24,483 23,546
ASSETS 77,648 73,537
CURRENT LIABILITIES    
Current portion of long-term debt 87 51
Accrued salaries and employee benefits 1,756 1,569
Accounts payable 3,339 3,269
Operating lease liabilities 2,024 1,923
Accrued expenses 3,989 3,532
Total current liabilities 11,195 10,344
LONG-TERM DEBT, LESS CURRENT PORTION 23,204 21,952
OTHER LONG-TERM LIABILITIES    
Deferred income taxes 3,171 3,162
Pension, postretirement healthcare and other benefit obligations 5,036 5,019
Self-insurance accruals 2,147 2,104
Operating lease liabilities 12,714 12,195
Other liabilities 719 466
Total other long-term liabilities 23,787 22,946
COMMITMENTS AND CONTINGENCIES
COMMON STOCKHOLDERS' INVESTMENT    
Common stock, $0.10 par value; 800 million shares authorized; 318 million shares issued as of August 31, 2020 and May 31, 2020 32 32
Additional paid-in capital 3,375 3,356
Retained earnings 26,108 25,216
Accumulated other comprehensive loss (1,020) (1,147)
Treasury stock, at cost (9,033) (9,162)
Total common stockholders’ investment 19,462 18,295
LIABILITIES AND COMMON STOCKHOLDERS' INVESTMENT $ 77,648 $ 73,537