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v3.10.0.1

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Millions | 6 Months Ended
--- | ---
Nov. 30, 2018 | Nov. 30, 2017
Operating Activities: |  |
Net income | $ 1,770 | $ 1,371
Adjustments to reconcile net income to cash provided by operating activities: |  |
Depreciation and amortization | 1,636 | 1,507
Provision for uncollectible accounts | 160 | 116
Stock-based compensation | 108 | 103
Deferred income taxes and other noncash items | 236 | 327
Changes in assets and liabilities: |  |
Receivables | (1,343) | (983)
Other assets | (111) | (338)
Accounts payable and other liabilities | (227) | (564)
Other, net | (50) | (41)
Cash provided by operating activities | 2,179 | 1,498
Investing Activities: |  |
Capital expenditures | (2,634) | (2,621)
Business acquisitions, net of cash acquired |  | (44)
Proceeds from asset dispositions and other | 53 | 12
Cash used in investing activities | (2,581) | (2,653)
Financing Activities: |  |
Proceeds from short-term borrowings | 248 | 250
Proceeds from debt issuances | 1,233 |
Principal payments on debt | (785) | (28)
Proceeds from stock issuances | 45 | 205
Dividends paid | (173) | (268)
Purchase of treasury stock | (1,271) | (270)
Other, net | 1 | 3
Cash used in financing activities | (702) | (108)
Effect of exchange rate changes on cash | (38) | 62
Net (decrease) increase in cash and cash equivalents | (1,142) | (1,201)
Cash and cash equivalents at beginning of period | 3,265 | 3,969
Cash and cash equivalents at end of period | $ 2,123 | $ 2,768

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