XML 33 R7.htm IDEA: XBRL DOCUMENT v3.23.4
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 6 Months Ended
Nov. 30, 2023
Nov. 30, 2022
Operating Activities:    
Net income $ 1,978 $ 1,663
Adjustments to reconcile net income to cash provided by operating activities:    
Depreciation and amortization 2,111 2,070
Provision for uncollectible accounts 216 425
Stock-based compensation 96 108
Other noncash items including leases and deferred income taxes 1,427 1,589
Business optimization and realignment costs, net of payments (28) (40)
Changes in assets and liabilities:    
Receivables (687) (512)
Other assets (110) (214)
Accounts payable and other liabilities (975) (1,994)
Other, net (24) 30
Cash provided by operating activities 4,004 3,125
Investing Activities:    
Capital expenditures (2,595) (3,142)
Purchase of investments (75) (78)
Proceeds from asset dispositions and other 62 20
Cash used in investing activities (2,608) (3,200)
Financing Activities:    
Principal payments on debt (94) (32)
Proceeds from stock issuances 211 89
Dividends paid (635) (598)
Purchase of treasury stock (1,000) (1,500)
Other, net   1
Cash used in financing activities (1,518) (2,040)
Effect of exchange rate changes on cash (5) (136)
Net decrease in cash and cash equivalents (127) (2,251)
Cash and cash equivalents at beginning of period 6,856 6,897
Cash and cash equivalents at end of period $ 6,729 $ 4,646