May 31,

(in millions)

2022

2021

Money market funds

$

12,842

$

12,263

Time deposits and other

520

9,470

Commercial paper debt securities

—

11,712

Total investments

$

13,362

$

33,445

Investments classified as cash equivalents

$

12,843

$

16,989

Investments classified as marketable securities

$

519

$

16,456