Accrued Liabilities

3 Months Ended

Aug. 31, 2013

Accrued Liabilities, Current [Abstract]

Accrued Liabilities

NOTE 4 — Accrued Liabilities

Accrued liabilities included the following:

	As of August 31,		As of May 31,
(In millions)	2013		2013
Compensation and benefits, excluding taxes	$	506	$	713
Endorsement compensation	314		264
Taxes other than income taxes	211		192
Dividends payable	187		188
Advertising and marketing	117		77
Import and logistics costs	107		111
Fair value of derivatives	33		34
Other(1)	438		407
TOTAL ACCRUED LIABILITIES	$	1,913	$	1,986

(1) Other consists of various accrued expenses with no individual item accounting for more than 5% of the balance at August 31, 2013 and May 31, 2013.