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Commitments (Tables)

3 Months Ended

Aug. 31, 2019

Commitments Tables [Abstract]

Schedule of Purchase Commitments

As of August 31, 2019, our purchase commitments under various contracts for the remainder of 2020 and annually thereafter were as follows (in millions):

		Aircraft and Related				Other(1)				Total
2020 (remainder)		$	1,043			$	789			$	1,832
2021			2,436				691				3,127
2022			2,392				470				2,862
2023			1,587				340				1,927
2024			503				192				695
Thereafter			2,449				541				2,990
Total		$	10,410			$	3,023			$	13,433

^{(1) Primarily equipment and advertising contracts.}

Schedule of Aircraft Purchase Commitments

The following table is a summary of the key aircraft we are committed to purchase as of August 31, 2019 with the year of expected delivery:

		Cessna SkyCourier 408				ATR 72-600F				B767F				B777F				Total
2020 (remainder)			-				-				13				1				14
2021			12				5				18				2				37
2022			12				6				18				3				39
2023			12				6				6				4				28
2024			14				6				-				4				24
Thereafter			-				7				-				2				9
Total			50				30				55				16				151

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- Definition

Commitments (Tables) [Abstract]

+ References

No definition available.

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- Definition

Describes and quantifies the number and type of key aircraft committed to purchase as of the date of the latest balance sheet, with the year of expected delivery for each of the five succeeding fiscal years and in aggregate.

+ References

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- Definition

Tabular disclosure of unconditional purchase obligations that are not recognized as a liability on the balance sheet, including the nature and significant terms of an unconditional purchase obligation; the amount of the fixed and determinable portion of the obligation as of the date of the latest balance sheet presented in the aggregate and, if determinable, for each of the five succeeding fiscal years; the nature of any variable components of the obligation; the amount purchased under the obligation (for example, the take-or-pay or throughput contract) for the reporting period; and may include the amount of imputed interest necessary to reduce the obligation to present value.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 440
-SubTopic 10
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=77896938&loc=d3e25336-109308

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 440
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=77896938&loc=d3e25287-109308

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