Accumulated Other Comprehensive Loss (Tables)

3 Months Ended

Aug. 31, 2021

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 three-month periods ended August 31 (in millions; amounts in parentheses indicate debits to AOCI):

	2021			2020
Foreign currency translation loss:
Balance at beginning of period	$	(785	)	$	(1,207	)
Translation adjustments		(147	)		129
Balance at end of period		(932	)		(1,078	)
Retirement plans adjustments:
Balance at beginning of period		53			60
Reclassifications from AOCI		(2	)		(2	)
Balance at end of period		51			58
Accumulated other comprehensive (loss) at end of period	$	(881	)	$	(1,020	)

Reclassification Out of Accumulated Other Comprehensive Income (Loss)

The following table presents details of the reclassifications from AOCI for the three-month periods ended August 31 (in millions; amounts in parentheses indicate debits to earnings):

	Amount Reclassified from AOCI					Affected Line Item in the Income Statement
	2021		2020
Amortization of retirement plans prior service credits, before tax	$	2	$	3		Other retirement plans income
Income tax benefit		—		(1	)	Provision for income taxes
AOCI reclassifications, net of tax	$	2	$	2		Net income