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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Nov. 30, 2021
May 31, 2021
CURRENT ASSETS    
Cash and cash equivalents $ 6,833 $ 7,087
Receivables, less allowances of $792 and $742 12,197 12,069
Spare parts, supplies, and fuel, less allowances of $351 and $349 594 587
Prepaid expenses and other 1,123 837
Total current assets 20,747 20,580
PROPERTY AND EQUIPMENT, AT COST 72,974 70,077
Less accumulated depreciation and amortization 35,821 34,325
Net property and equipment 37,153 35,752
OTHER LONG-TERM ASSETS    
Operating lease right-of-use assets, net 16,018 15,383
Goodwill 6,702 6,992
Other assets 3,627 4,070
Total other long-term assets 26,347 26,445
ASSETS 84,247 82,777
CURRENT LIABILITIES    
Current portion of long-term debt 117 146
Accrued salaries and employee benefits 2,537 2,903
Accounts payable 4,190 3,841
Operating lease liabilities 2,371 2,208
Accrued expenses 4,669 4,562
Total current liabilities 13,884 13,660
LONG-TERM DEBT, LESS CURRENT PORTION 20,386 20,733
OTHER LONG-TERM LIABILITIES    
Deferred income taxes 4,162 3,927
Pension, postretirement healthcare, and other benefit obligations 3,353 3,501
Self-insurance accruals 2,594 2,430
Operating lease liabilities 13,955 13,375
Other liabilities 973 983
Total other long-term liabilities 25,037 24,216
COMMITMENTS AND CONTINGENCIES
COMMON STOCKHOLDERS' INVESTMENT    
Common stock, $0.10 par value; 800 million shares authorized; 318 million shares issued as of November 30, 2021 and May 31, 2021 32 32
Additional paid-in capital 3,653 3,481
Retained earnings 31,307 29,817
Accumulated other comprehensive loss (977) (732)
Treasury stock, at cost (9,075) (8,430)
Total common stockholders’ investment 24,940 24,168
LIABILITIES AND COMMON STOCKHOLDERS' INVESTMENT $ 84,247 $ 82,777