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v3.8.0.1

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Millions | 9 Months Ended
--- | ---
Feb. 28, 2018 | Feb. 28, 2017
Operating Activities: |  |
Net income | $ 3,445 | $ 1,977
Adjustments to reconcile net income to cash provided by operating activities: |  |
Depreciation and amortization | 2,293 | 2,241
Provision for uncollectible accounts | 177 | 115
Stock-based compensation | 135 | 123
Deferred income taxes and other noncash items | (914) | 474
Gain from sale of investment |  | (35)
Changes in assets and liabilities: |  |
Receivables | (986) | (340)
Other assets | (151) | (235)
Accounts payable and other liabilities | (2,781) | (1,642)
Other, net | (56) | (33)
Cash provided by operating activities | 1,162 | 2,645
Investing Activities: |  |
Capital expenditures | (3,994) | (3,790)
Business acquisitions, net of cash acquired | (44) |
Proceeds from asset dispositions and other | 21 | 123
Cash used in investing activities | (4,017) | (3,667)
Financing Activities: |  |
Proceeds from short-term borrowings, net | 797 |
Principal payments on debt | (31) | (49)
Proceeds from debt issuances | 1,481 | 1,190
Proceeds from stock issuances | 284 | 265
Dividends paid | (402) | (319)
Purchase of treasury stock | (558) | (358)
Other, net | 6 | 2
Cash provided by financing activities | 1,577 | 731
Effect of exchange rate changes on cash | 98 | (70)
Net decrease in cash and cash equivalents | (1,180) | (361)
Cash and cash equivalents at beginning of period | 3,969 | 3,534
Cash and cash equivalents at end of period | $ 2,789 | $ 3,173

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