Accrued Liabilities

12 Months Ended

May 31, 2018

Accrued Liabilities, Current [Abstract]

Accrued Liabilities

NOTE 5 — Accrued Liabilities

Accrued liabilities included the following:

	As of May 31,
(In millions)	2018		2017
Compensation and benefits, excluding taxes	$	897	$	871
Endorsement compensation	425		396
Dividends payable	320		300
Import and logistics costs	268		257
Taxes other than income taxes payable	224		196
Fair value of derivatives	184		168
Advertising and marketing	140		125
Collateral received from counterparties to hedging instruments	23		—
Other(1)	788		698
TOTAL ACCRUED LIABILITIES	$	3,269	$	3,011

(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, 2018 and 2017.