Accrued Liabilities

12 Months Ended

May 31, 2014

Accrued Liabilities, Current [Abstract]

Accrued Liabilities

NOTE 5 — Accrued Liabilities

Accrued liabilities included the following:

	As of May 31,
(In millions)	2014		2013
Compensation and benefits, excluding taxes	$	782	$	713
Endorsement compensation	328		264
Dividends payable	209		188
Taxes other than income taxes	204		192
Advertising and marketing	133		77
Import and logistics costs	127		111
Fair value of derivatives	85		34
Other(1)	623		457
TOTAL ACCRUED LIABILITIES	$	2,491	$	2,036

(1) Other consists of various accrued expenses with no individual item accounting for more than 5% of the total Accrued liabilities balance at May 31, 2014 and 2013.