| Adoption of Accounting Standard Updates |
|
|
|
Year Ended May 31, |
|
|
|
|
2018 |
|
|
2017 |
|
|
(in millions, except per share data) |
|
As Previously Reported |
|
|
Adjustments |
|
|
As Adjusted |
|
|
As Previously Reported |
|
|
Adjustments |
|
|
As Adjusted |
|
|
Total revenues |
|
$ |
39,831 |
|
|
$ |
(448 |
) |
|
$ |
39,383 |
|
|
$ |
37,728 |
|
|
$ |
64 |
|
|
$ |
37,792 |
|
|
Total operating expenses |
|
$ |
26,152 |
|
|
$ |
(33 |
) |
|
$ |
26,119 |
|
|
$ |
25,018 |
|
|
$ |
(139 |
) |
|
$ |
24,879 |
|
|
Non-operating income, net |
|
$ |
1,237 |
|
|
$ |
(52 |
) |
|
$ |
1,185 |
|
|
$ |
605 |
|
|
$ |
(40 |
) |
|
$ |
565 |
|
|
Provision for income taxes |
|
$ |
9,066 |
|
|
$ |
(229 |
) |
|
$ |
8,837 |
|
|
$ |
2,182 |
|
|
$ |
46 |
|
|
$ |
2,228 |
|
|
Net income |
|
$ |
3,825 |
|
|
$ |
(238 |
) |
|
$ |
3,587 |
|
|
$ |
9,335 |
|
|
$ |
117 |
|
|
$ |
9,452 |
|
|
Basic earnings per share |
|
$ |
0.93 |
|
|
$ |
(0.06 |
) |
|
$ |
0.87 |
|
|
$ |
2.27 |
|
|
$ |
0.03 |
|
|
$ |
2.30 |
|
|
Diluted earnings per share |
|
$ |
0.90 |
|
|
$ |
(0.05 |
) |
|
$ |
0.85 |
|
|
$ |
2.21 |
|
|
$ |
0.03 |
|
|
$ |
2.24 |
|
|
|
|
As of May 31, 2018 |
|
|
(in millions) |
|
As Previously Reported |
|
|
Adjustments |
|
|
As Adjusted |
|
|
Trade receivables, net of allowances for doubtful accounts |
|
$ |
5,279 |
|
|
$ |
(143 |
) |
|
$ |
5,136 |
|
|
Prepaid expenses and other current assets |
|
$ |
3,424 |
|
|
$ |
338 |
|
|
$ |
3,762 |
|
|
Deferred tax assets |
|
$ |
1,491 |
|
|
$ |
(96 |
) |
|
$ |
1,395 |
|
|
Other non-current assets |
|
$ |
3,487 |
|
|
$ |
488 |
|
|
$ |
3,975 |
|
|
Total current liabilities |
|
$ |
19,195 |
|
|
$ |
(71 |
) |
|
$ |
19,124 |
|
|
Total non-current liabilities |
|
$ |
71,845 |
|
|
$ |
9 |
|
|
$ |
71,854 |
|
|
Total equity |
|
$ |
46,224 |
|
|
$ |
649 |
|
|
$ |
46,873 |
|
|
| Non-Operating Income, net |
|
|
|
Year Ended May 31, |
|
|
(in millions) |
|
2019 |
|
|
2018 |
|
|
2017 |
|
|
Interest income |
|
$ |
1,092 |
|
|
$ |
1,203 |
|
|
$ |
804 |
|
|
Foreign currency losses, net |
|
|
(111 |
) |
|
|
(74 |
) |
|
|
(152 |
) |
|
Noncontrolling interests in income |
|
|
(152 |
) |
|
|
(135 |
) |
|
|
(118 |
) |
|
Other income, net |
|
|
(14 |
) |
|
|
191 |
|
|
|
31 |
|
|
Total non-operating income, net |
|
$ |
815 |
|
|
$ |
1,185 |
|
|
$ |
565 |
|
|