Accumulated Other Comprehensive Income (Tables)

6 Months Ended

Nov. 30, 2020

Accumulated Other Comprehensive Income Loss Tables [Abstract]

Schedule of Changes in Accumulated Other Comprehensive Income (Loss) ("AOCI")

The following table provides changes in accumulated other comprehensive income (“AOCI”), net of tax, reported in our unaudited condensed consolidated financial statements for the periods ended November 30 (in millions; amounts in parentheses indicate debits to AOCI):

	Three Months Ended						Six Months Ended
	2020			2019			2020			2019
Foreign currency translation loss:
Balance at beginning of period	$	(1,078	)	$	(1,036	)	$	(1,207	)	$	(954	)
Translation adjustments		124			72			253			(11	)
Reclassification to retained earnings due to the adoption of ASU 2018-02		—			—			—			1
Balance at end of period		(954	)		(964	)		(954	)		(964	)
Retirement plans adjustments:
Balance at beginning of period		58			118			60			89
Reclassifications from AOCI		(2	)		(20	)		(4	)		(41	)
Reclassification to retained earnings due to the adoption of ASU 2018-02		—			—			—			50
Balance at end of period		56			98			56			98
Accumulated other comprehensive (loss) at end of period	$	(898	)	$	(866	)	$	(898	)	$	(866	)

Reclassification Out of Accumulated Other Comprehensive Income (Loss)

The following table presents details of the reclassifications from AOCI for the periods ended November 30 (in millions; amounts in parentheses indicate debits to earnings):

	Amount Reclassified from AOCI											Affected Line Item in the Income Statement
	Three Months Ended					Six Months Ended
	2020		2019			2020			2019
Amortization of retirement plans prior service credits, before tax	$	2	$	26		$	5		$	53		Other retirement plans income
Income tax benefit		—		(6	)		(1	)		(12	)	Provision for income taxes
AOCI reclassifications, net of tax	$	2	$	20		$	4		$	41		Net income