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Accumulated Other Comprehensive Income (Loss) (Tables) | 6 Months Ended
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Nov. 30, 2019
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract] |
Schedule of Accumulated Other Comprehensive Income | The changes in Accumulated other comprehensive income (loss), net of tax, were as follows:
(Dollars in millions) | FOREIGN CURRENCY TRANSLATION ADJUSTMENT(1) |  | CASH FLOW HEDGES |  | NET INVESTMENT HEDGES(1) |  | OTHER |  | TOTAL |
Balance at August 31, 2019 | $ | (435 | ) | $ | 556 |  | $ | 115 |  | $ | (56 | ) | $ | 180 |
Other comprehensive income (loss): |  |  |  |  |
Other comprehensive gains (losses) before reclassifications(2) | 28 |  | (26 | ) | — |  | (2 | ) | — |
Reclassifications to net income of previously deferred (gains) losses(3) | — |  | (129 | ) | — |  | 1 |  | (128 | )
Total other comprehensive income (loss) | 28 |  | (155 | ) | — |  | (1 | ) | (128 | )
Balance at November 30, 2019 | $ | (407 | ) | $ | 401 |  | $ | 115 |  | $ | (57 | ) | $ | 52 |
(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, $(7) million, $0 million, $0 million and $(7) million, respectively.
(3) | Net of tax (benefit) expense of $0 million, $1 million, $0 million, $0 million and $1 million, respectively.
(Dollars in millions) | FOREIGN CURRENCY TRANSLATION ADJUSTMENT(1) |  | CASH FLOW HEDGES |  | NET INVESTMENT HEDGES(1) |  | OTHER |  | TOTAL |
Balance at May 31, 2019 | $ | (346 | ) | $ | 520 |  | $ | 115 |  | $ | (58 | ) | $ | 231 |
Other comprehensive income (loss): |  |  |  |  |
Other comprehensive gains (losses) before reclassifications(2) | (61 | ) | 137 |  | — |  | 1 |  | 77 |
Reclassifications to net income of previously deferred (gains) losses(3) | — |  | (256 | ) | — |  | — |  | (256 | )
Total other comprehensive income (loss) | (61 | ) | (119 | ) | — |  | 1 |  | (179 | )
Balance at November 30, 2019 | $ | (407 | ) | $ | 401 |  | $ | 115 |  | $ | (57 | ) | $ | 52 |
(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, $(7) million, $0 million, $0 million and $(7) million, respectively.
(3) | Net of tax (benefit) expense of $0 million, $1 million, $0 million, $0 million and $1 million, respectively.
(Dollars in millions) | FOREIGN CURRENCY TRANSLATION ADJUSTMENT(1) |  | CASH FLOW HEDGES |  | NET INVESTMENT HEDGES(1) |  | OTHER |  | TOTAL |
Balance at August 31, 2018 | $ | (301 | ) | $ | 210 |  | $ | 115 |  | $ | (54 | ) | $ | (30 | )
Other comprehensive income (loss): |  |  |  |  |  |  |  |  |  |
Other comprehensive gains (losses) before reclassifications(2) | (2 | ) | 252 |  | — |  | 4 |  | 254 |
Reclassifications to net income of previously deferred (gains) losses(3) | — |  | (11 | ) | — |  | (4 | ) | (15 | )
Total other comprehensive income (loss) | (2 | ) | 241 |  | — |  | — |  | 239 |
Balance at November 30, 2018 | $ | (303 | ) | $ | 451 |  | $ | 115 |  | $ | (54 | ) | $ | 209 |
(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, $(3) million, $0 million, $0 million and $(3) million, respectively.
(3) | Net of tax (benefit) expense of $0 million, $1 million, $0 million, $0 million and $1 million, respectively.
(Dollars in millions) | FOREIGN CURRENCY TRANSLATION ADJUSTMENT(1) |  | CASH FLOW HEDGES |  | NET INVESTMENT HEDGES(1) |  | OTHER |  | TOTAL |
Balance at May 31, 2018 | $ | (173 | ) | $ | 17 |  | $ | 115 |  | $ | (51 | ) | $ | (92 | )
Other comprehensive income (loss): |  |  |  |  |
Other comprehensive gains (losses) before reclassifications(2) | (130 | ) | 394 |  | — |  | 8 |  | 272 |
Reclassifications to net income of previously deferred (gains) losses(3) | — |  | 40 |  | — |  | (11 | ) | 29 |
Total other comprehensive income (loss) | (130 | ) | 434 |  | — |  | (3 | ) | 301 |
Balance at November 30, 2018 | $ | (303 | ) | $ | 451 |  | $ | 115 |  | $ | (54 | ) | $ | 209 |
(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, $(4) million, $0 million, $0 million and $(4) million, respectively.
(3) Net of tax (benefit) expense of $0 million, $2 million, $0 million, $0 million and $2 million, respectively.
Reclassification out of Accumulated Other Comprehensive Income | The following table summarizes the reclassifications from Accumulated other comprehensive income (loss) to the Unaudited Condensed Consolidated Statements of Income:
| AMOUNT OF GAIN (LOSS) RECLASSIFIED FROM ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) INTO INCOME | LOCATION OF GAIN (LOSS) RECLASSIFIED FROM ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) INTO INCOME
| THREE MONTHS ENDED NOVEMBER 30, |  | SIX MONTHS ENDED NOVEMBER 30,
(Dollars in millions) | 2019 | 2018 |  | 2019 | 2018
Gains (losses) on cash flow hedges: |  |  |  |  |  |  |  |  |  |
Foreign exchange forwards and options | $ | 1 |  | $ | 3 |  |  | $ | 9 |  | $ | 8 |  | Revenues
Foreign exchange forwards and options | 102 |  | 10 |  |  | 177 |  | (34 | ) | Cost of sales
Foreign exchange forwards and options | (3 | ) | — |  |  | (3 | ) | — |  | Demand creation expense
Foreign exchange forwards and options | 31 |  | — |  |  | 77 |  | (9 | ) | Other (income) expense, net
Interest rate swaps | (1 | ) | (1 | ) |  | (3 | ) | (3 | ) | Interest expense (income), net
Total before tax | 130 |  | 12 |  |  | 257 |  | (38 | ) |
Tax (expense) benefit | (1 | ) | (1 | ) |  | (1 | ) | (2 | ) |
Gain (loss) net of tax | 129 |  | 11 |  |  | 256 |  | (40 | ) |
Gains (losses) on other | (1 | ) | 4 |  |  | — |  | 11 |  | Other (income) expense, net
Total before tax | (1 | ) | 4 |  |  | — |  | 11 |  |
Tax (expense) benefit | — |  | — |  |  | — |  | — |  |
Gain (loss) net of tax | (1 | ) | 4 |  |  | — |  | 11 |  |
Total net gain (loss) reclassified for the period | $ | 128 |  | $ | 15 |  |  | $ | 256 |  | $ | (29 | ) |

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- Definition Tabular disclosure of information about items reclassified out of accumulated other comprehensive income (loss). + References No definition available. + Details
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- Definition Tabular disclosure of the components of accumulated other comprehensive income (loss). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 14A -URI http://asc.fasb.org/extlink&oid=114867106&loc=SL7669686-108580 + Details
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