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Retirement Plans (Tables) | 12 Months Ended
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May. 31, 2015
Retirement Plan (Tables) [Abstract] |
Schedule of Retirement Plan Costs |
|  | 2015 |  | 2014 |  | 2013
Defined benefit pension plans | $ | (41) |  | $ | 99 |  | $ | 163
Defined contribution plans |  | 385 |  |  | 363 |  |  | 354
Postretirement healthcare plans |  | 81 |  |  | 78 |  |  | 78
Retirement plans mark-to-market adjustment |  | 2,190 |  |  | 15 |  |  | (1,368)
|  | $ | 2,615 |  | $ | 555 |  | $ | (773)
The components of the pre-tax mark-to-market losses (gains) are as follows, in millions: |  |  |
Discount rate changes | $ | 791 |  | $ | 705 |  | $ | (1,076)
Actual versus expected return on assets |  | (35) |  |  | (1,013) |  |  | (696)
Demographic assumption changes |  | 1,434 |  |  | 323 |  |  | 404
Total mark-to-market loss (gain) | $ | 2,190 |  | $ | 15 |  | $ | (1,368)
Schedule of Weighted-Average Actuarial Assumptions for Primary U.S. Retirement Plans |
Weighted-average actuarial assumptions for our primary U.S. retirement plans, which represent substantially all of our PBO and accumulated postretirement benefit obligation ("APBO"), are as follows:
|  | Pension Plans |  | Postretirement Healthcare Plans
|  | 2015 |  | 2014 |  | 2013 |  | 2015 |  | 2014 |  | 2013
Discount rate used to determine benefit obligation | 4.42 | % |  | 4.60 | % |  | 4.79 | % |  | 4.60 | % |  | 4.70 | % |  | 4.91 | %
Discount rate used to determine net periodic benefit cost | 4.60 |  |  | 4.79 |  |  | 4.44 |  |  | 4.70 |  |  | 4.91 |  |  | 4.55 |
Rate of increase in future compensation levels |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| used to determine benefit obligation | 4.62 |  |  | 4.56 |  |  | 4.54 |  |  | - |  |  | - |  |  | - |
Rate of increase in future compensation levels |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| used to determine net periodic benefit cost | 4.56 |  |  | 4.54 |  |  | 4.62 |  |  | - |  |  | - |  |  | - |
Expected long-term rate of return on assets - |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Consolidated | 7.75 |  |  | 7.75 |  |  | 8.00 |  |  | - |  |  | - |  |  | - |
Expected long-term rate of return on assets - Segment |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Reporting | 6.50 |  |  | 6.50 |  |  | 6.50 |  |  | - |  |  | - |  |  | - |
Schedule of Plan Assets at Measurement Date |
|  | Plan Assets at Measurement Date
|  | 2015
|  |  |  |  |  | Target |  | Quoted Prices in Active Markets |  | Other Observable Inputs |  | Unobservable Inputs
Asset Class | Fair Value |  | Actual % |  | Range % |  | Level 1 |  | Level 2 |  | Level 3
Cash and cash equivalents | $ | 738 |  | 3 | % |  | 0-5 | % |  | $ | 36 |  | $ | 702 |  |  |
Equities |  |  |  |  |  |  | 35-55 |  |  |  |  |  |  |  |  |  |
| U.S. large cap equity |  | 4,291 |  | 19 |  |  |  |  |  |  | 302 |  |  | 3,989 |  |  |
| International equities |  | 3,064 |  | 14 |  |  |  |  |  |  | 2,429 |  |  | 635 |  |  |
| Global equities |  | 2,579 |  | 11 |  |  |  |  |  |  |  |  |  | 2,579 |  |  |
| U.S. SMID cap equity |  | 979 |  | 4 |  |  |  |  |  |  | 979 |  |  |  |  |  |
| Private equities |  | 226 |  | 1 |  |  |  |  |  |  |  |  |  |  |  | $ | 226
Fixed income securities |  |  |  |  |  |  | 45-65 |  |  |  |  |  |  |  |  |  |
| Corporate |  | 6,455 |  | 28 |  |  |  |  |  |  |  |  |  | 6,455 |  |  |
| Government |  | 4,645 |  | 20 |  |  |  |  |  |  |  |  |  | 4,645 |  |  |
| Mortgage backed and other |  | 213 |  | 1 |  |  |  |  |  |  |  |  |  | 213 |  |  |
Other |  | (184) |  | (1) |  |  |  |  |  |  | (181) |  |  | (3) |  |  |
|  | $ | 23,006 |  | 100 | % |  |  |  |  | $ | 3,565 |  | $ | 19,215 |  | $ | 226
|  | 2014
|  |  |  |  |  |  |  | Target |  | Quoted Prices in Active Markets |  | Other Observable Inputs |  | Unobservable Inputs
Asset Class | Fair Value |  | Actual % |  | Range % |  | Level 1 |  | Level 2 |  | Level 3
Cash and cash equivalents | $ | 313 |  | 2 | % |  | 0 - 5 | % |  | $ | 55 |  | $ | 258 |  |  |
Equities |  |  |  |  |  |  | 35 - 55 |  |  |  |  |  |  |  |  |  |
| U.S. large cap equity |  | 5,196 |  | 24 |  |  |  |  |  |  | 55 |  |  | 5,141 |  |  |
| International equities |  | 2,652 |  | 12 |  |  |  |  |  |  | 2,206 |  |  | 446 |  |  |
| Global equities |  | 1,367 |  | 7 |  |  |  |  |  |  |  |  |  | 1,367 |  |  |
| U.S. SMID cap equity |  | 886 |  | 4 |  |  |  |  |  |  | 886 |  |  |  |  |  |
| Private equities |  | 276 |  | 1 |  |  |  |  |  |  |  |  |  |  |  | $ | 276
Fixed income securities |  |  |  |  |  |  | 45 - 65 |  |  |  |  |  |  |  |  |  |
| Corporate |  | 5,758 |  | 27 |  |  |  |  |  |  |  |  |  | 5,758 |  |  |
| Government |  | 4,782 |  | 22 |  |  |  |  |  |  |  |  |  | 4,782 |  |  |
| Mortgage backed and other |  | 275 |  | 1 |  |  |  |  |  |  |  |  |  | 275 |  |  |
Other |  | (61) |  | - |  |  |  |  |  |  | (61) |  |  |  |  |  |
|  | $ | 21,444 |  | 100 | % |  |  |  |  | $ | 3,141 |  | $ | 18,027 |  | $ | 276
Schedule of Change in Fair Value of Level 3 Assets |
|  | 2015 |  | 2014
Balance at beginning of year | $ | 276 |  | $ | 332
Actual return on plan assets: |  |  |  |  |
| Assets held during current year |  | (15) |  |  | (17)
| Assets sold during the year |  | 43 |  |  | 53
Purchases, sales and settlements |  | (78) |  |  | (92)
Balance at end of year | $ | 226 |  | $ | 276
Schedule of Changes in the Pension and Postretirement Healthcare Plans' Benefit Obligation and Fair Value of Assets and Funded Status |
|  |  | Pension Plans |  | Postretirement Healthcare Plans
|  |  | 2015 |  | 2014 |  | 2015 |  | 2014
Accumulated Benefit Obligation ("ABO") | $ | 26,793 |  | $ | 23,805 |  |  |  |  |  |
Changes in Projected Benefit Obligation ("PBO") and |  |  |  |  |  |  |  |  |  |  |
| Accumulated Postretirement Benefit Obligation ("APBO") |  |  |  |  |  |  |  |  |  |  |
PBO/APBO at the beginning of year | $ | 24,578 |  | $ | 22,600 |  | $ | 883 |  | $ | 828
| Service cost |  | 653 |  |  | 657 |  |  | 40 |  |  | 38
| Interest cost |  | 1,096 |  |  | 1,055 |  |  | 41 |  |  | 40
| Actuarial loss |  | 2,231 |  |  | 1,021 |  |  | 6 |  |  | 5
| Benefits paid |  | (815) |  |  | (801) |  |  | (73) |  |  | (62)
| Other |  | (231) |  |  | 46 |  |  | 32 |  |  | 34
PBO/APBO at the end of year | $ | 27,512 |  | $ | 24,578 |  | $ | 929 |  | $ | 883
Change in Plan Assets |  |  |  |  |  |  |  |  |  |  |
Fair value of plan assets at the beginning of year | $ | 21,907 |  | $ | 19,433 |  | $ | - |  | $ | -
| Actual return on plan assets |  | 1,718 |  |  | 2,509 |  |  | - |  |  | -
| Company contributions |  | 746 |  |  | 727 |  |  | 37 |  |  | 28
| Benefits paid |  | (815) |  |  | (801) |  |  | (73) |  |  | (62)
| Other |  | (51) |  |  | 39 |  |  | 36 |  |  | 34
Fair value of plan assets at the end of year | $ | 23,505 |  | $ | 21,907 |  | $ | - |  | $ | -
Funded Status of the Plans | $ | (4,007) |  | $ | (2,671) |  | $ | (929) |  | $ | (883)
Amount Recognized in the Balance Sheet at May 31: |  |  |  |  |  |  |  |  |  |  |
| Noncurrent asset | $ | 26 |  |  | 5 |  |  |  |  |  |
| Current pension, postretirement healthcare and other |  |  |  |  |  |  |  |  |  |  |
|  | benefit obligations |  | (34) |  | $ | (41) |  | $ | (42) |  | $ | (41)
| Noncurrent pension, postretirement healthcare and other |  |  |  |  |  |  |  |  |  |  |
|  | benefit obligations |  | (3,999) |  |  | (2,635) |  |  | (887) |  |  | (842)
Net amount recognized | $ | (4,007) |  | $ | (2,671) |  | $ | (929) |  | $ | (883)
Amounts Recognized in AOCI and not yet reflected in |  |  |  |  |  |  |  |  |  |  |
| Net Periodic Benefit Cost: |  |  |  |  |  |  |  |  |  |  |
|  | Prior service (credit) cost and other | $ | (668) |  | $ | (670) |  | $ | - |  | $ | 1
Amounts Recognized in AOCI and not yet reflected in |  |  |  |  |  |  |  |  |  |  |
| Net Periodic Benefit Cost expected to be amortized in |  |  |  |  |  |  |  |  |  |  |
| next year's Net Periodic Benefit Cost: |  |  |  |  |  |  |  |  |  |  |
|  | Prior service credit and other | $ | (121) |  | $ | (115) |  | $ | - |  | $ | -
Schedule of Components of Pension Plans |
Our pension plans included the following components at May 31 (in millions):
|  |  |  |  | PBO |  | Fair Value of Plan Assets |  | Funded Status
2015 |  |  |  |  |  |  |  |  |  |  |  |
| Qualified |  |  |  |  | $ | 26,365 |  | $ | 23,006 |  | $ | (3,359)
| Nonqualified |  |  |  |  |  | 271 |  |  | - |  |  | (271)
| International Plans |  |  |  |  |  | 876 |  |  | 499 |  |  | (377)
| Total |  |  |  |  | $ | 27,512 |  | $ | 23,505 |  | $ | (4,007)
2014 |  |  |  |  |  |  |  |  |  |  |  |
| Qualified |  |  |  |  | $ | 23,439 |  | $ | 21,444 |  | $ | (1,995)
| Nonqualified |  |  |  |  |  | 280 |  |  | - |  |  | (280)
| International Plans |  |  |  |  |  | 859 |  |  | 463 |  |  | (396)
| Total |  |  |  |  | $ | 24,578 |  | $ | 21,907 |  | $ | (2,671)
Schedule of Fair Value of Plan Assets for Pension Plans with an Obligation in Excess of Plan Assets |
|  |  | PBO Exceeds the Fair Value of Plan Assets
|  |  | 2015 |  | 2014
Pension Benefits |  |  |  |  |
| Fair value of plan assets | $ | 23,099 |  | $ | 21,543
| PBO |  | (27,132) |  |  | (24,219)
| Net funded status | $ | (4,033) |  | $ | (2,676)
|  |  | ABO Exceeds the Fair Value of Plan Assets
|  |  | 2015 |  | 2014
Pension Benefits |  |  |  |  |
| ABO(1) | $ | (26,413) |  | $ | (23,447)
| Fair value of plan assets |  | 23,099 |  |  | 21,542
| PBO |  | (27,132) |  |  | (24,218)
| Net funded status | $ | (4,033) |  | $ | (2,676)
(1)ABO not used in determination of funded status.
Schedule of Pension Plans Contributions |
|  |  | 2015 |  | 2014
| Required | $ | 388 |  | $ | 645
| Voluntary |  | 272 |  |  | 15
|  | $ | 660 |  | $ | 660
Schedule of Net Periodic Benefit Cost |
| Pension Plans |  | Postretirement Healthcare Plans
| 2015 |  | 2014 |  | 2013 |  | 2015 |  | 2014 |  | 2013
Service cost | $ | 653 |  | $ | 657 |  | $ | 692 |  | $ | 40 |  | $ | 38 |  | $ | 42
Interest cost |  | 1,096 |  |  | 1,055 |  |  | 968 |  |  | 41 |  |  | 40 |  |  | 36
Expected return on plan assets |  | (1,678) |  |  | (1,495) |  |  | (1,383) |  |  | - |  |  | - |  |  | -
Amortization of prior service credit |  | (115) |  |  | (115) |  |  | (114) |  |  | - |  |  | - |  |  | -
Actuarial losses (gains) and other |  | 2,190 |  |  | 7 |  |  | (1,350) |  |  | 6 |  |  | 5 |  |  | (17)
Net periodic benefit cost | $ | 2,146 |  | $ | 109 |  | $ | (1,187) |  | $ | 87 |  | $ | 83 |  | $ | 61
Schedule of Amounts Recognized in Other Comprehensive Income for All Plans |
Amounts recognized in OCI for all plans for the years ended May 31 were as follows (in millions): |  |  |
|  |  | 2015 |  | 2014
|  |  | Pension Plans |  | Postretirement Healthcare Plans |  | Pension Plans |  | Postretirement Healthcare Plans
|  |  | Gross Amount |  | Net of Tax Amount |  | Gross Amount |  | Net of Tax Amount |  | Gross Amount |  | Net of Tax Amount |  | Gross Amount |  | Net of Tax Amount
Prior service cost |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| arising during period | $ | (113) |  | $ | (72) |  | $ | (1) |  | $ | - |  | $ | (1) |  | $ | (1) |  | $ | - |  | $ | -
Amortizations: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Prior services credit |  | 115 |  |  | 72 |  |  | - |  |  | - |  |  | 115 |  |  | 77 |  |  | - |  |  | -
Total recognized in OCI | $ | 2 |  | $ | - |  | $ | (1) |  | $ | - |  | $ | 114 |  | $ | 76 |  | $ | - |  | $ | -
Schedule of Expected Future Benefit Payments |
Benefit payments, which reflect expected future service, are expected to be paid as follows for the years ending May 31 (millions):
| Pension Plans |  | Postretirement Healthcare Plans |
2016 | $ | 913 |  | $ | 42 |
2017 |  | 998 |  |  | 42 |
2018 |  | 1,047 |  |  | 45 |
2019 |  | 1,147 |  |  | 46 |
2020 |  | 1,258 |  |  | 48 |
2021-2025 |  | 8,107 |  |  | 275 |

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- Definition Tabular disclosure of the major categories of plan assets of pension plans and/or other employee benefit plans. This information may include, but is not limited to, the target allocation of plan assets, the fair value of each major category of plan assets, and the level within the fair value hierarchy in which the fair value measurements fall. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (d)(5) -URI http://asc.fasb.org/extlink&oid=35743120&loc=d3e1928-114920 + Details
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