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Consolidated Balance Sheets - USD ($)
$ in Millions
May 31, 2018
May 31, 2017
CURRENT ASSETS    
Cash and cash equivalents $ 3,265 $ 3,969
Receivables, less allowances of $401 and $252 8,481 7,599
Spare parts, supplies and fuel, less allowances of $268 and $237 525 514
Prepaid expenses and other 1,070 546
Total current assets 13,341 12,628
PROPERTY AND EQUIPMENT, AT COST    
Aircraft and related equipment 20,749 18,833
Package handling and ground support equipment 9,727 8,989
Information technology 5,794 5,396
Vehicles 7,708 6,961
Facilities and other 11,143 10,447
Gross property and equipment 55,121 50,626
Less accumulated depreciation and amortization 26,967 24,645
Net property and equipment 28,154 25,981
OTHER LONG-TERM ASSETS    
Goodwill 6,973 7,154
Other assets 3,862 2,789
Total other long-term assets 10,835 9,943
ASSETS [1] 52,330 48,552
CURRENT LIABILITIES    
Current portion of long-term debt 1,342 22
Accrued salaries and employee benefits 2,177 1,914
Accounts payable 2,977 2,752
Accrued expenses 3,131 3,230
Total current liabilities 9,627 7,918
LONG-TERM DEBT, LESS CURRENT PORTION 15,243 14,909
OTHER LONG-TERM LIABILITIES    
Deferred income taxes 2,867 2,485
Pension, postretirement healthcare and other benefit obligations 2,187 4,487
Self-insurance accruals 1,784 1,494
Deferred lease obligations 551 531
Deferred gains, principally related to aircraft transactions 121 137
Other liabilities 534 518
Total other long-term liabilities 8,044 9,652
COMMITMENTS AND CONTINGENCIES
COMMON STOCKHOLDERS' INVESTMENT    
Common stock, $0.10 par value; 800 million shares authorized; 318 million shares issued as of May 31, 2018 and 2017 32 32
Additional paid-in capital 3,117 3,005
Retained earnings 24,823 20,833
Accumulated other comprehensive loss (578) (415)
Treasury stock, at cost (7,978) (7,382)
Total common stockholders’ investment 19,416 16,073
LIABILITIES AND STOCKHOLDERS' INVESTMENT $ 52,330 $ 48,552
[1] Segment assets include intercompany receivables.