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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Aug. 31, 2021
May 31, 2021
CURRENT ASSETS    
Cash and cash equivalents $ 6,853 $ 7,087
Receivables, less allowances of $790 and $742 11,125 12,069
Spare parts, supplies, and fuel, less allowances of $348 and $349 577 587
Prepaid expenses and other 991 837
Total current assets 19,546 20,580
PROPERTY AND EQUIPMENT, AT COST 71,542 70,077
Less accumulated depreciation and amortization 35,061 34,325
Net property and equipment 36,481 35,752
OTHER LONG-TERM ASSETS    
Operating lease right-of-use assets, net 15,414 15,383
Goodwill 6,843 6,992
Other assets 3,764 4,070
Total other long-term assets 26,021 26,445
ASSETS 82,048 82,777
CURRENT LIABILITIES    
Current portion of long-term debt 125 146
Accrued salaries and employee benefits 2,200 2,903
Accounts payable 3,822 3,841
Operating lease liabilities 2,263 2,208
Accrued expenses 4,500 4,562
Total current liabilities 12,910 13,660
LONG-TERM DEBT, LESS CURRENT PORTION 20,554 20,733
OTHER LONG-TERM LIABILITIES    
Deferred income taxes 3,969 3,927
Pension, postretirement healthcare, and other benefit obligations 3,451 3,501
Self-insurance accruals 2,484 2,430
Operating lease liabilities 13,382 13,375
Other liabilities 977 983
Total other long-term liabilities 24,263 24,216
COMMITMENTS AND CONTINGENCIES
COMMON STOCKHOLDERS' INVESTMENT    
Common stock, $0.10 par value; 800 million shares authorized; 318 million shares issued as of August 31, 2021 and May 31, 2021 32 32
Additional paid-in capital 3,610 3,481
Retained earnings 30,462 29,817
Accumulated other comprehensive loss (881) (732)
Treasury stock, at cost (8,902) (8,430)
Total common stockholders’ investment 24,321 24,168
LIABILITIES AND COMMON STOCKHOLDERS' INVESTMENT $ 82,048 $ 82,777