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UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Nov. 30, 2023
May 31, 2023
Current assets:    
Cash and equivalents $ 7,919 $ 7,441
Short-term investments 2,008 3,234
Accounts receivable, net 4,782 4,131
Inventories 7,979 8,454
Prepaid expenses and other current assets 1,943 1,942
Total current assets 24,631 25,202
Property, plant and equipment, net 5,153 5,081
Operating lease right-of-use assets, net 2,943 2,923
Identifiable intangible assets, net 269 274
Goodwill 281 281
Deferred income taxes and other assets 3,926 3,770
TOTAL ASSETS 37,203 37,531 Close
Current liabilities:     Close
Current portion of long-term debt 0 0 Close
Notes payable 6 6 Close
Accounts payable 2,709 2,862 Close
Current portion of operating lease liabilities 456 425 Close
Accrued liabilities 5,470 5,723 Close
Income taxes payable 358 240 Close
Total current liabilities 8,999 9,256
Long-term debt 8,930 8,927 Close
Operating lease liabilities 2,785 2,786 Close
Deferred income taxes and other liabilities 2,343 2,558 Close
Commitments and contingencies (Note 11) Close
Redeemable preferred stock 0 0 CloseClose
Shareholders' equity:    
Total Liabilities 23057.0 23527.0 0 0 0 Close
Capital in excess of stated value 12,871 12,412 Close
Accumulated other comprehensive income (loss) 121 231
Retained earnings 1,151 1,358
Total shareholders' equity 14,146 14,004 Close
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY 37,203 37,531
Class A Convertible Common Stock    
Shareholders' equity:    
Common stock at stated value 0 0
Class B Common Stock    
Shareholders' equity:    
Common stock at stated value $ 3 $ 3