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Accumulated Other Comprehensive Income | 9 Months Ended
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Feb. 28, 2017
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract] |
Accumulated Other Comprehensive Income |
Note 10 — Accumulated Other Comprehensive Income
The changes in Accumulated other comprehensive income, net of tax, for the three and nine months ended February 28, 2017 were as follows:
(In millions) |  | Foreign Currency Translation Adjustment(1) |  | Cash Flow Hedges |  | Net Investment Hedges(1) |  | Other |  | Total
Balance at November 30, 2016 |  | $ | (218 | ) |  | $ | 546 |  |  | $ | 115 |  |  | $ | (44 | ) |  | $ | 399 |
Other comprehensive gains (losses) before reclassifications(2) |  | 13 |  |  | 2 |  |  | — |  |  | — |  |  | 15 |
Reclassifications to net income of previously deferred (gains) losses(3) |  | (1 | ) |  | (177 | ) |  | — |  |  | (7 | ) |  | (185 | )
Other comprehensive income (loss) |  | 12 |  |  | (175 | ) |  | — |  |  | (7 | ) |  | (170 | )
Balance at February 28, 2017 |  | $ | (206 | ) |  | $ | 371 |  |  | $ | 115 |  |  | $ | (51 | ) |  | $ | 229 |
(1) | The accumulated foreign currency translation adjustment and net investment hedge gains/losses related to an investment in a foreign subsidiary are reclassified to Net income upon sale or upon complete or substantially complete liquidation of the respective entity.
(2) | Net of tax benefit (expense) of $0 million, $1 million, $0 million, $(1) million and $0 million, respectively.
(3) | Net of tax (benefit) expense of $0 million, $(1) million, $0 million, $2 million and $1 million, respectively.
(In millions) |  | Foreign Currency Translation Adjustment(1) |  | Cash Flow Hedges |  | Net Investment Hedges(1) |  | Other |  | Total
Balance at May 31, 2016 |  | $ | (207 | ) |  | $ | 463 |  |  | $ | 115 |  |  | $ | (53 | ) |  | $ | 318 |
Other comprehensive gains (losses) before reclassifications(2) |  | 2 |  |  | 406 |  |  | — |  |  | 18 |  |  | 426 |
Reclassifications to net income of previously deferred (gains) losses(3) |  | (1 | ) |  | (498 | ) |  | — |  |  | (16 | ) |  | (515 | )
Other comprehensive income (loss) |  | 1 |  |  | (92 | ) |  | — |  |  | 2 |  |  | (89 | )
Balance at February 28, 2017 |  | $ | (206 | ) |  | $ | 371 |  |  | $ | 115 |  |  | $ | (51 | ) |  | $ | 229 |
(1) | The accumulated foreign currency translation adjustment and net investment hedge gains/losses related to an investment in a foreign subsidiary are reclassified to Net income upon sale or upon complete or substantially complete liquidation of the respective entity.
(2) | Net of tax benefit (expense) of $0 million, $23 million, $0 million, $0 million and $23 million, respectively.
(3) | Net of tax (benefit) expense of $0 million, $(3) million, $0 million, $1 million and $(2) million, respectively.
The changes in Accumulated other comprehensive income, net of tax, for the three and nine months ended February 29, 2016 were as follows:
(In millions) |  | Foreign Currency Translation Adjustment(1) |  | Cash Flow Hedges |  | Net Investment Hedges(1) |  | Other |  | Total
Balance at November 30, 2015 |  | $ | (141 | ) |  | $ | 1,181 |  |  | $ | 115 |  |  | $ | (48 | ) |  | $ | 1,107 |
Other comprehensive gains (losses) before reclassifications(2) |  | (113 | ) |  | (151 | ) |  | — |  |  | 3 |  |  | (261 | )
Reclassifications to net income of previously deferred (gains) losses(3) |  | 2 |  |  | (199 | ) |  | — |  |  | (4 | ) |  | (201 | )
Other comprehensive income (loss) |  | (111 | ) |  | (350 | ) |  | — |  |  | (1 | ) |  | (462 | )
Balance at February 29, 2016 |  | $ | (252 | ) |  | $ | 831 |  |  | $ | 115 |  |  | $ | (49 | ) |  | $ | 645 |
(1) | The accumulated foreign currency translation adjustment and net investment hedge gains/losses related to an investment in a foreign subsidiary are reclassified to Net income upon sale or upon complete or substantially complete liquidation of the respective entity.
(2) | Net of tax benefit (expense) of $0 million, $24 million, $0 million, $(1) million and $23 million, respectively.
(3) | Net of tax (benefit) expense of $0 million, $3 million, $0 million, $0 million and $3 million, respectively.
(In millions) |  | Foreign Currency Translation Adjustment(1) |  | Cash Flow Hedges |  | Net Investment Hedges(1) |  | Other |  | Total
Balance at May 31, 2015 |  | $ | (31 | ) |  | $ | 1,220 |  |  | $ | 115 |  |  | $ | (58 | ) |  | $ | 1,246 |
Other comprehensive gains (losses) before reclassifications(2) |  | (223 | ) |  | 132 |  |  | — |  |  | 14 |  |  | (77 | )
Reclassifications to net income of previously deferred (gains) losses(3) |  | 2 |  |  | (521 | ) |  | — |  |  | (5 | ) |  | (524 | )
Other comprehensive income (loss) |  | (221 | ) |  | (389 | ) |  | — |  |  | 9 |  |  | (601 | )
Balance at February 29, 2016 |  | $ | (252 | ) |  | $ | 831 |  |  | $ | 115 |  |  | $ | (49 | ) |  | $ | 645 |
(1) | The accumulated foreign currency translation adjustment and net investment hedge gains/losses related to an investment in a foreign subsidiary are reclassified to Net income upon sale or upon complete or substantially complete liquidation of the respective entity.
(2) | Net of tax benefit (expense) of $0 million, $40 million, $0 million, $(3) million and $37 million, respectively.
(3) | Net of tax (benefit) expense of $0 million, $4 million, $0 million, $0 million and $4 million, respectively.
The following table summarizes the reclassifications from Accumulated other comprehensive income to the Unaudited Condensed Consolidated Statements of Income:
|  | Amount of Gain (Loss) Reclassified from Accumulated Other Comprehensive Income into Income |  | Location of Gain (Loss) Reclassified from Accumulated Other Comprehensive Income into Income
|  | Three Months Ended |  | Nine Months Ended |
(In millions) |  | February 28, 2017 |  | February 29, 2016 |  | February 28, 2017 |  | February 29, 2016 |
Gains (losses) on foreign currency translation adjustment |  | $ | 1 |  |  | $ | (2 | ) |  | $ | 1 |  |  | $ | (2 | ) |  | Other (income) expense, net
Total before tax |  | 1 |  |  | (2 | ) |  | 1 |  |  | (2 | ) |  |
Tax (expense) benefit |  | — |  |  | — |  |  | — |  |  | — |  |  |
Gain (loss) net of tax |  | 1 |  |  | (2 | ) |  | 1 |  |  | (2 | ) |  |
Gains (losses) on cash flow hedges: |  |  |  |  |  |  |  |  |  |
Foreign exchange forwards and options |  | $ | 24 |  |  | $ | (24 | ) |  | $ | 96 |  |  | $ | (99 | ) |  | Revenues
Foreign exchange forwards and options |  | 87 |  |  | 153 |  |  | 260 |  |  | 451 |  |  | Cost of sales
Foreign exchange forwards and options |  | — |  |  | — |  |  | — |  |  | — |  |  | Total selling and administrative expense
Foreign exchange forwards and options |  | 67 |  |  | 73 |  |  | 141 |  |  | 173 |  |  | Other (income) expense, net
Interest rate swaps |  | (2 | ) |  | — |  |  | (2 | ) |  | — |  |  | Interest expense (income), net
Total before tax |  | 176 |  |  | 202 |  |  | 495 |  |  | 525 |  |  |
Tax (expense) benefit |  | 1 |  |  | (3 | ) |  | 3 |  |  | (4 | ) |  |
Gain (loss) net of tax |  | 177 |  |  | 199 |  |  | 498 |  |  | 521 |  |  |
Gains (losses) on other |  | 9 |  |  | 4 |  |  | 17 |  |  | 5 |  |  | Other (income) expense, net
Total before tax |  | 9 |  |  | 4 |  |  | 17 |  |  | 5 |  |  |
Tax (expense) benefit |  | (2 | ) |  | — |  |  | (1 | ) |  | — |  |  |
Gain (loss) net of tax |  | 7 |  |  | 4 |  |  | 16 |  |  | 5 |  |  |
Total net gain (loss) reclassified for the period |  | $ | 185 |  |  | $ | 201 |  |  | $ | 515 |  |  | $ | 524 |  |  |

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- Definition The entire disclosure for comprehensive income, which includes, but is not limited to, 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=66004124&loc=d3e689-108580 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 1A -URI http://asc.fasb.org/extlink&oid=66004124&loc=SL7669619-108580 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=66004124&loc=d3e640-108580 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 17 -URI http://asc.fasb.org/extlink&oid=66004124&loc=d3e716-108580 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 16 -URI http://asc.fasb.org/extlink&oid=66004124&loc=d3e709-108580 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187085-122770 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=66004124&loc=d3e637-108580 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 14 -URI http://asc.fasb.org/extlink&oid=66004124&loc=d3e681-108580 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Glossary Reclassification Adjustments -URI http://asc.fasb.org/extlink&oid=6522872 + Details
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