Accumulated Other Comprehensive Income (Tables)

12 Months Ended

May 31, 2019

Accumulated Other Comprehensive Income Loss Tables [Abstract]

Schedule of Accumulated Other Comprehensive Income (Loss)

The following table provides changes in AOCI, net of tax, reported in the consolidated financial statements for the years ended May 31 (in millions; amounts in parentheses indicate debits to AOCI):

	2019			2018			2017
Foreign currency translation loss:
Balance at beginning of period	$	(759	)	$	(685	)	$	(514	)
Translation adjustments		(195	)		(74	)		(171	)
Balance at end of period		(954	)		(759	)		(685	)
Retirement plans adjustments:
Balance at beginning of period		181			270			345
Prior service credit and other arising during period		—			(4	)		1
Reclassifications from AOCI		(92	)		(85	)		(76	)
Balance at end of period		89			181			270
Accumulated other comprehensive loss at end of period	$	(865	)	$	(578	)	$	(415	)

Reclassification Out of Accumulated Other Comprehensive Income (Loss)

The following table presents details of the reclassifications from AOCI for the years ended May 31 (in millions; amounts in parentheses indicate debits to earnings):

	Amount Reclassified from AOCI									Affected Line Item in the Income Statement
	2019			2018			2017
Amortization of retirement plans prior service credits, before tax	$	120		$	121		$	120		Salaries and employee benefits
Income tax benefit		(28	)		(36	)		(44	)	Provision for income taxes
AOCI reclassifications, net of tax	$	92		$	85		$	76		Net income