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v3.19.2

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Millions | 3 Months Ended
--- | ---
Aug. 31, 2019 | Aug. 31, 2018
Operating Activities: |  |
Net income | $ 745 | $ 835
Adjustments to reconcile net income to cash provided by operating activities: |  |
Depreciation and amortization | 879 | 808
Provision for uncollectible accounts | 105 | 82
Stock-based compensation | 67 | 68
Deferred income taxes and other noncash items | 694 | 23
Changes in assets and liabilities: |  |
Receivables | (267) | (380)
Other assets | (118) | (120)
Accounts payable and other liabilities | (1,537) | (584)
Other, net | (3) | (31)
Cash provided by operating activities | 565 | 701
Investing Activities: |  |
Capital expenditures | (1,418) | (1,179)
Proceeds from asset dispositions and other | (1) | 78
Cash used in investing activities | (1,419) | (1,101)
Financing Activities: |  |
Proceeds from short-term borrowings, net |  | 299
Principal payments on debt | (985) | (2)
Proceeds from debt issuances | 2,093 |
Proceeds from stock issuances | 12 | 25
Dividends paid | (170) | (173)
Purchase of treasury stock | (3) | (625)
Other, net | (5) | 4
Cash provided by (used in) financing activities | 942 | (472)
Effect of exchange rate changes on cash | (18) | (24)
Net increase (decrease) in cash and cash equivalents | 70 | (896)
Cash and cash equivalents at beginning of period | 2,319 | 3,265
Cash and cash equivalents at end of period | $ 2,389 | $ 2,369

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