Long Term Debt and Other Financing Arrangements (Tables)

12 Months Ended

May 31, 2018

Components of Long-term Debt (Net of Discounts and Debt Issuance Costs)

The components of long-term debt (net of discounts and debt issuance costs), along with maturity dates for the years subsequent to May 31, 2018, are as follows (in millions):

				May 31,
				2018		2017
	Interest Rate%		Maturity
Senior unsecured debt:		8.00	2019	$	750	$	749
		2.30	2020		399		398
	2.625-2.70		2023		746		745
		4.00	2024		746		745
		3.20	2025		695		695
		3.25	2026		744		743
		3.30	2027		445		445
		3.40	2028		495		-
		4.90	2034		495		495
		3.90	2035		493		493
	3.875-4.10		2043		983		983
		5.10	2044		742		742
		4.10	2045		640		640
	4.55-4.75		2046		2,459		2,458
		4.40	2047		735		734
		4.05	2048		986		-
		4.50	2065		246		246
		7.60	2098		237		237
Euro senior unsecured debt:	floating rate		2019		582		558
		0.50	2020		581		557
		1.00	2023		869		833
		1.625	2027		1,442		1,382
Total senior unsecured debt					16,510		14,878
Other debt					4		9
Capital lease obligations					71		44
					16,585		14,931
Less current portion					1,342		22
				$	15,243	$	14,909