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COMMITMENTS (Tables) | 3 Months Ended
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Aug. 31, 2025
Commitments and Contingencies Disclosure [Abstract] |
Schedule of Purchase Commitments | As of August 31, 2025, our purchase commitments under various contracts for the remainder of 2026 and annually thereafter were as follows (in millions):
|  | Aircraft and Aircraft Related |  | Other(1) |  | Total
2026 (remainder) |  | $ | 808 |  |  | $ | 626 |  |  | $ | 1,434 |
2027 |  | 1,119 |  |  | 712 |  |  | 1,831 |
2028 |  | 993 |  |  | 545 |  |  | 1,538 |
2029 |  | 413 |  |  | 461 |  |  | 874 |
2030 |  | 205 |  |  | 35 |  |  | 240 |
Thereafter |  | 1,073 |  |  | 90 |  |  | 1,163 |
Total |  | $ | 4,611 |  |  | $ | 2,469 |  |  | $ | 7,080 |
(1) Primarily information technology 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, 2025, with the year of expected delivery:
|  | Cessna SkyCourier 408 |  | ATR 72-600F |  | B767F |  | B777F |  | Total
2026 (remainder) |  | 15 |  |  | 3 |  |  | 6 |  |  | — |  |  | 24 |
2027 |  | 4 |  |  | 4 |  |  | — |  |  | 5 |  |  | 13 |
2028 |  | — |  |  | 4 |  |  | — |  |  | 5 |  |  | 9 |
2029 |  | — |  |  | 4 |  |  | — |  |  | — |  |  | 4 |
2030 |  | — |  |  | 2 |  |  | — |  |  | — |  |  | 2 |
Thereafter |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Total |  | 19 |  |  | 17 |  |  | 6 |  |  | 10 |  |  | 52 |
Schedule of Future Minimum Lease Payments, Operating and Finance Leases | A summary of future minimum lease payments under noncancelable operating and finance leases with an initial or remaining term in excess of one year as of August 31, 2025 is as follows (in millions):
|  | Aircraft and Related Equipment |  | Facilities and Other |  | Total Operating Leases |  | Finance Leases |  | Total Leases
2026 (remainder) |  | $ | 95 |  |  | $ | 2,237 |  |  | $ | 2,332 |  |  | $ | 85 |  |  | $ | 2,417 |
2027 |  | 124 |  |  | 2,917 |  |  | 3,041 |  |  | 116 |  |  | 3,157 |
2028 |  | 124 |  |  | 2,539 |  |  | 2,663 |  |  | 115 |  |  | 2,778 |
2029 |  | 117 |  |  | 2,143 |  |  | 2,260 |  |  | 112 |  |  | 2,372 |
2030 |  | 47 |  |  | 1,795 |  |  | 1,842 |  |  | 95 |  |  | 1,937 |
Thereafter |  | 91 |  |  | 7,995 |  |  | 8,086 |  |  | 619 |  |  | 8,705 |
Total lease payments |  | 598 |  |  | 19,626 |  |  | 20,224 |  |  | 1,142 |  |  | 21,366 |
Less imputed interest |  | (62) |  |  | (3,430) |  |  | (3,492) |  |  | (347) |  |  | (3,839) |
Present value of lease liability |  | $ | 536 |  |  | $ | 16,196 |  |  | $ | 16,732 |  |  | $ | 795 |  |  | $ | 17,527 |

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- Definition Tabular disclosure of future minimum payments required in the aggregate and for each of the five succeeding fiscal years for operating and finance leases having initial or remaining noncancelable lease terms in excess of one year and the total minimum rentals to be received in the future under noncancelable subleases as of the balance sheet date. + References No definition available. + Details
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- Definition Tabular disclosure of unconditional purchase obligation not recognized as liability. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 440 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482648/440-10-50-4 + Details
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