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v3.23.4

Condensed Consolidated Statements of Changes in Common Stockholders' Investment - USD ($) $ in Millions | 3 Months Ended | 6 Months Ended
--- | --- | ---
Nov. 30, 2023 | Nov. 30, 2022 | Nov. 30, 2023 | Nov. 30, 2022
Beginning Balance |  |  | $ 26,088 |
Net income | $ 900 | $ 788 | 1,978 | $ 1,663
Other comprehensive income (loss), net of tax (expense) benefit of ($14), $10, ($10), and $28 | 62 | (71) | 33 | (282)
Ending Balance | 26,766 | 24,115 | 26,766 | 24,115
Common Stock |  |  |  |
Beginning Balance | 32 | 32 | 32 | 32
Ending Balance | 32 | 32 | 32 | 32
Additional Paid-In Capital |  |  |  |
Beginning Balance | 3,800 | 3,751 | 3,769 | 3,712
Purchase of treasury stock | 2 | (300) | (34) | (300)
Employee incentive plans and other | 47 | 36 | 114 | 75
Ending Balance | 3,849 | 3,487 | 3,849 | 3,487
Retained Earnings |  |  |  |
Beginning Balance | 36,021 | 33,060 | 35,259 | 32,782
Net income | 900 | 788 | 1,978 | 1,663
Cash dividends declared ($1.26, $1.15, $2.52, and $3.45 per share) | (316) | (291) | (632) | (888)
Ending Balance | 36,605 | 33,557 | 36,605 | 33,557
Accumulated Other Comprehensive Loss |  |  |  |
Beginning Balance | (1,356) | (1,314) | (1,327) | (1,103)
Other comprehensive income (loss), net of tax (expense) benefit of ($14), $10, ($10), and $28 | 62 | (71) | 33 | (282)
Ending Balance | (1,294) | (1,385) | (1,294) | (1,385)
Treasury Stock |  |  |  |
Beginning Balance | (11,963) | (10,389) | (11,645) | (10,484)
Purchase of treasury stock | (509) | (1,200) | (974) | (1,200)
Employee incentive plans and other | 46 | 13 | 193 | 108
Ending Balance | $ (12,426) | $ (11,576) | $ (12,426) | $ (11,576)

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