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INCOME TAXES (Tables) | 12 Months Ended
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May 31, 2025
Income Tax Disclosure [Abstract] |
Schedule of Provision for Income Taxes | The components of the provision for income taxes for the years ended May 31 were as follows (in millions):
| 2025 |  | 2024 |  | 2023
Current provision |  |  |  |  |
Domestic: |  |  |  |  |
Federal | $ | 891 |  |  | $ | 1,184 |  |  | $ | 579 |
State and local | 146 |  |  | 218 |  |  | 157 |
Foreign | 359 |  |  | 265 |  |  | 209 |
| 1,396 |  |  | 1,667 |  |  | 945 |
Deferred provision |  |  |  |  |
Domestic: |  |  |  |  |
Federal | (302) |  |  | (82) |  |  | 369 |
State and local | 20 |  |  | 60 |  |  | 37 |
Foreign | 235 |  |  | (140) |  |  | 40 |
| (47) |  |  | (162) |  |  | 446 |
Total Provision | $ | 1,349 |  |  | $ | 1,505 |  |  | $ | 1,391 |
Schedule of Total Income Tax Expense and Amount Computed by Statutory Federal Income Tax Rate to Income Before Income Taxes | A reconciliation of total income tax expense and the amount computed by applying the statutory federal income tax to income before income taxes for the years ended May 31 is as follows (dollars in millions):
| 2025 |  | 2024 |  | 2023
Taxes computed at federal statutory rate | $ | 1,143 |  |  | $ | 1,226 |  |  | $ | 1,126 |
Increases (decreases) in income tax from: |  |  |  |  |
U.S. and foreign return-to-provision adjustments | 5 |  |  | 11 |  |  | (44) |
State and local income taxes, net of federal benefit | 137 |  |  | 177 |  |  | 152 |
Foreign operations | 101 |  |  | 65 |  |  | 96 |
Non-deductible expenses | 72 |  |  | 48 |  |  | 40 |
Uncertain tax positions | (5) |  |  | (21) |  |  | 60 |
Benefits from share-based payments | (18) |  |  | (26) |  |  | (18) |
Valuation allowance | 21 |  |  | 59 |  |  | 59 |
Foreign tax rate enactments | 6 |  |  | — |  |  | 3 |
State deferred tax remeasurement | — |  |  | 54 |  |  | — |
Goodwill impairment charges | — |  |  | — |  |  | 8 |
Corporate structuring transactions | (66) |  |  | — |  |  | — |
Other, net | (47) |  |  | (88) |  |  | (91) |
Provision for income taxes | $ | 1,349 |  |  | $ | 1,505 |  |  | $ | 1,391 |
Effective Tax Rate | 24.8 | % |  | 25.8 | % |  | 25.9 | %
Schedule of Deferred Tax Assets and Liabilities | The significant components of deferred tax assets and liabilities as of May 31 were as follows (in millions):
| 2025 |  | 2024
| Deferred Tax Assets |  | Deferred Tax Liabilities |  | Deferred Tax Assets |  | Deferred Tax Liabilities
Property, equipment, leases, and intangibles | $ | 4,515 |  |  | $ | 10,434 |  |  | $ | 4,597 |  |  | $ | 10,815 |
Employee benefits | 725 |  |  | 291 |  |  | 744 |  |  | 68 |
Self-insurance accruals | 1,247 |  |  | — |  |  | 1,183 |  |  | — |
Other | 591 |  |  | 42 |  |  | 561 |  |  | 140 |
Net operating loss/credit carryforwards | 1,123 |  |  | — |  |  | 1,306 |  |  | — |
Valuation allowances | (523) |  |  | — |  |  | (537) |  |  | — |
| $ | 7,678 |  |  | $ | 10,767 |  |  | $ | 7,854 |  |  | $ | 11,023 |
Schedule of Net Deferred Tax Liabilities | The net deferred tax liabilities as of May 31 have been classified in the balance sheets as follows (in millions):
| 2025 |  | 2024
Noncurrent deferred tax assets(1) | $ | 1,116 |  |  | $ | 1,313 |
Noncurrent deferred tax liabilities | (4,205) |  |  | (4,482) |
| $ | (3,089) |  |  | $ | (3,169) |
(1)Noncurrent deferred tax assets are included within “Other Assets” in the accompanying consolidated balance sheets.
Schedule of Beginning and Ending Amount of Unrecognized Tax Benefits | A reconciliation of the beginning and ending amount of unrecognized tax benefits for the years ended May 31 is as follows (in millions):
| 2025 |  | 2024 |  | 2023
Balance at beginning of year | $ | 186 |  |  | $ | 212 |  |  | $ | 169 |
Increases for tax positions taken in the current year | 31 |  |  | 5 |  |  | 3 |
Increases for tax positions taken in prior years | 33 |  |  | 4 |  |  | 68 |
Decreases for tax positions taken in prior years | (11) |  |  | (3) |  |  | (7) |
Settlements | (87) |  |  | (31) |  |  | (15) |
Changes due to currency translation | 3 |  |  | (1) |  |  | (6) |
Balance at end of year | $ | 155 |  |  | $ | 186 |  |  | $ | 212 |

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- Definition Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 9 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482685/740-10-50-9 + Details
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- Definition Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482685/740-10-50-2 + Details
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- Definition Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 231 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482663/740-10-55-231 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12A -Publisher FASB -URI https://asc.fasb.org/1943274/2147482685/740-10-50-12A Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482685/740-10-50-12 + Details
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