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Accumulated Other Comprehensive Income
 12 Months Ended
May 31, 2012
Accumulated Other Comprehensive Income

NOTE 14 — Accumulated Other Comprehensive Income

 

The components of accumulated other comprehensive income, net of tax, are as follows:

 

    May 31,  
(In millions)                            2012                              2011  
Cumulative translation adjustment and other   $ (127 )    $ 168   
Net deferred gain (loss) on cash flow hedge derivatives     181        (123 ) 
Net deferred gain on net investment hedge derivatives     95        50   
    $ 149      $ 95   

Refer to Note 16 – Risk Management and Derivatives for more information on the Company’s risk management program and derivatives.