Accrued Liabilities

9 Months Ended

Feb. 28, 2017

Accrued Liabilities, Current [Abstract]

Accrued Liabilities

Note 3 — Accrued Liabilities

Accrued liabilities included the following:

	As of February 28,		As of May 31,
(In millions)	2017		2016
Compensation and benefits, excluding taxes	$	831	$	943
Endorsement compensation	338		393
Dividends payable	303		271
Collateral received from counterparties to hedging instruments	293		105
Import and logistics costs	257		198
Taxes other than income taxes	189		159
Advertising and marketing	137		119
Fair value of derivatives	118		162
Other(1)	762		687
TOTAL ACCRUED LIABILITIES	$	3,228	$	3,037

(1) Other consists of various accrued expenses with no individual item accounting for more than 5% of the total Accrued liabilities balance at February 28, 2017 and May 31, 2016.