Accrued Liabilities

12 Months Ended

May 31, 2016

Accrued Liabilities, Current [Abstract]

Accrued Liabilities

NOTE 5 — Accrued Liabilities

Accrued liabilities included the following:

	As of May 31,
(In millions)	2016		2015
Compensation and benefits, excluding taxes	$	943	$	997
Endorsement compensation	393		388
Dividends payable	271		240
Import and logistics costs	198		207
Fair value of derivatives	162		162
Taxes other than income taxes payable	159		172
Advertising and marketing	119		117
Collateral received from counterparties to hedging instruments	105		968
Other(1)	687		698
TOTAL ACCRUED LIABILITIES	$	3,037	$	3,949

(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, 2016 and 2015.