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STOCK-BASED COMPENSATION (Tables)
12 Months Ended
May 31, 2025
Share-Based Payment Arrangement [Abstract]  
Schedule of Stock-Based Compensation Expense
Our total stock-based compensation expense for the years ended May 31 was as follows (in millions):
202520242023
Stock-based compensation expense$154 $163 $182 
Schedule of Stock-Based Compensation Weighted Average Assumptions The following table includes the weighted-average Black-Scholes value per share of our stock option grants, the intrinsic value of options exercised (in millions), and the key weighted-average assumptions used in the valuation calculations for options granted during the years ended May 31, followed by a discussion of our methodology for developing each of the assumptions used in the valuation model:
202520242023
Weighted-average Black-Scholes value per share$104.42$79.48$63.44
Intrinsic value of options exercised$263$290$160
Black-Scholes assumptions:
Expected lives6.3 years6.4 years6.4 years
Expected volatility37%35%34%
Risk-free interest rate4.59%3.94%1.68%
Dividend yield1.840%2.030%1.694%
Schedule of Stock Option Activity
The following table summarizes information regarding stock option activity for the year ended May 31, 2025:
Stock Options
SharesWeighted-
Average
Exercise
Price
Weighted-
Average
Remaining
Contractual
Term
Aggregate
Intrinsic Value
(in millions)
(1)
Outstanding at June 1, 202413,457,990 $210.35 
Granted1,447,141 $285.19 
Exercised(2,733,218)$191.57 
Forfeited(459,561)$245.35 
Outstanding at May 31, 202511,712,352 $222.31 5.6$251 
Exercisable8,263,050 $209.31 4.6$244 
Expected to vest3,054,819 $253.99 8.2$
Available for future grants10,976,914 
(1)Only presented for options with market value at May 31, 2025 in excess of the exercise price of the option.
Schedule of Vested and Unvested Restricted Stock and RSUs
The following table summarizes information regarding vested and unvested restricted stock and RSUs for the year ended May 31, 2025:
Restricted Stock and RSUs
Shares/UnitsWeighted-
Average
Grant Date
Fair Value
Unvested at June 1, 2024349,972 $226.11 
Granted150,967 276.44 
Vested(185,286)214.78 
Forfeited(9,374)243.67 
Unvested at May 31, 2025306,279 $253.66 
Available for future grants609,193 
Schedule of Stock Option Vesting
Stock option vesting during the years ended May 31 was as follows:
Stock Options
Vested during
the year
Fair value
(in millions)
20251,896,584 $116 
20242,599,042 137 
20232,711,215 $137