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Retirement Plans (Tables)

12 Months Ended

May 31, 2014

Retirement Plan (Tables) [Abstract]

Schedule of Retirement Plan Costs

		2014			2013			2012
U.S. domestic and international pension plans		$	484		$	679		$	524
U.S. domestic and international defined contribution plans			363			354			338
U.S. domestic and international postretirement healthcare plans			78			78			70
		$	925		$	1,111		$	932

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
		2014			2013			2012			2014			2013			2012
Discount rate used to determine benefit obligation		4.60	%		4.79	%		4.44	%		4.70	%		4.91	%		4.55	%
Discount rate used to determine net periodic benefit cost		4.79			4.44			5.76			4.91			4.55			5.67
Rate of increase in future compensation levels
	used to determine benefit obligation	4.56			4.54			4.62			-			-			-
Rate of increase in future compensation levels
	used to determine net periodic benefit cost	4.54			4.62			4.58			-			-			-
Expected long-term rate of return on assets		7.75			8.00			8.00			-			-			-

Schedule of Plan Assets at Measurement Date

		Plan Assets at Measurement Date
		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
		2013
								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		$	456		2	%		0 - 5	%		$	15		$	441
Equities								35 - 55
	U.S. large cap equity		5,264		28							37			5,227
	International equities		2,271		12							1,904			367
	U.S. SMID cap equity		1,741		9							1,741
	Private equities		332		2												$	332
Fixed income securities								45 - 65
	Corporate		4,972		26										4,972
	Government		3,888		20										3,888
	Mortgage backed and other		200		1										200
Other			(77)		-							(83)			6
		$	19,047		100	%					$	3,614		$	15,101		$	332

Schedule of Change in Fair Value of Level 3 Assets

		2014			2013
Balance at beginning of year		$	332		$	402
Actual return on plan assets:
	Assets held during current year		(17)			(29)
	Assets sold during the year		53			55
Purchases, sales and settlements			(92)			(96)
Balance at end of year		$	276		$	332

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
			2014			2013			2014			2013
Accumulated Benefit Obligation ("ABO")			$	23,805		$	21,958
Changes in Projected Benefit Obligation ("PBO") and
	Accumulated Postretirement Benefit Obligation ("APBO")
PBO/APBO at the beginning of year			$	22,600		$	22,187		$	828		$	790
	Service cost			657			692			38			42
	Interest cost			1,055			968			40			36
	Actuarial loss (gain)			1,021			(652)			5			(17)
	Benefits paid			(801)			(589)			(62)			(54)
	Other			46			(6)			34			31
PBO/APBO at the end of year			$	24,578		$	22,600		$	883		$	828
Change in Plan Assets
Fair value of plan assets at the beginning of year			$	19,433		$	17,334		$	-		$	-
	Actual return on plan assets			2,509			2,081			-			-
	Company contributions			727			615			28			27
	Benefits paid			(801)			(589)			(62)			(54)
	Other			39			(8)			34			27
Fair value of plan assets at the end of year			$	21,907		$	19,433		$	-		$	-
Funded Status of the Plans			$	(2,671)		$	(3,167)		$	(883)		$	(828)
Amount Recognized in the Balance Sheet at May 31:
	Noncurrent asset		$	5
	Current pension, postretirement healthcare and other
		benefit obligations		(41)		$	(48)		$	(41)		$	(39)
	Noncurrent pension, postretirement healthcare and other
		benefit obligations		(2,635)			(3,119)			(842)			(789)
Net amount recognized			$	(2,671)		$	(3,167)		$	(883)		$	(828)
Amounts Recognized in AOCI and not yet reflected in
	Net Periodic Benefit Cost:
		Net actuarial loss (gain)	$	6,633		$	6,993		$	2		$	(4)
		Prior service (credit) cost and other		(670)			(781)			1			2
Total			$	5,963		$	6,212		$	3		$	(2)
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:
		Net actuarial loss	$	300		$	378		$	-		$	-
		Prior service credit and other		(115)			(114)			-			-
Total			$	185		$	264		$	-		$	-

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
2014
	Qualified					$	23,439		$	21,444		$	(1,995)
	Nonqualified						280			-			(280)
	International Plans						859			463			(396)
	Total					$	24,578		$	21,907		$	(2,671)
2013
	Qualified					$	21,532		$	19,047		$	(2,485)
	Nonqualified						322			-			(322)
	International Plans						746			386			(360)
	Total					$	22,600		$	19,433		$	(3,167)

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
			2014			2013
Pension Benefits
	Fair value of plan assets		$	21,543		$	19,433
	PBO			(24,219)			(22,600)
	Net funded status		$	(2,676)		$	(3,167)
			ABO Exceeds the Fair Value of Plan Assets
			2014			2013
Pension Benefits
	ABO(1)		$	(23,447)		$	(21,930)
	Fair value of plan assets			21,542			19,404
	PBO			(24,218)			(22,570)
	Net funded status		$	(2,676)		$	(3,166)

(1)ABO not used in determination of funded status.

Schedule of Pension Plans Contributions

			2014			2013
	Required		$	645		$	560
	Voluntary			15			-
			$	660		$	560

Schedule of Net Periodic Benefit Cost

	Pension Plans									Postretirement Healthcare Plans
	2014			2013			2012			2014			2013			2012
Service cost	$	657		$	692		$	593		$	38		$	42		$	35
Interest cost		1,055			968			976			40			36			36
Expected return on plan assets		(1,495)			(1,383)			(1,240)			-			-			-
Recognized actuarial losses (gains) and other		267			402			195			-			-			(1)
Net periodic benefit cost	$	484		$	679		$	524		$	78		$	78		$	70

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):
			2014												2013
			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
Net (gain) loss and other
	arising during period		$	7		$	8		$	5		$	3		$	(1,350)		$	(840)		$	(17)		$	(21)
Amortizations:
	Prior services credit			115			69			-			-			114			66			-			-
	Actuarial losses
		and other		(382)			(231)			-			-			(516)			(297)			-			-
Total recognized in OCI			$	(260)		$	(154)		$	5		$	3		$	(1,752)		$	(1,071)		$	(17)		$	(21)

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
2015	$	912		$	41
2016		870			42
2017		954			44
2018		1,015			45
2019		1,120			46
2020-2024		7,398			267

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Schedule representing amounts recognized in Other Comprehensive Income for all plans.

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Schedule representing the fair value of plan assets for pension plans with a Projected Benefit Obligation or Accumulated Benefit Obligation in excess of plan assets.

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Schedule representing the components of the pension plans, including qualified, nonqualified, and international plans.

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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.

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-Publisher FASB

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Tabular disclosure of the assumptions used to determine for pension plans and/or other employee benefit plans the benefit obligation and net benefit cost, including assumed discount rates, rate increase in compensation increase, and expected long-term rates of return on plan assets.

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Tabular disclosure of the components of net benefit costs for pension plans and/or other employee benefit plans including service cost, interest cost, expected return on plan assets, gain (loss), prior service cost or credit, transition asset or obligation, and gain (loss) recognized due to settlements or curtailments.

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-Section 50

-Paragraph 1

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