v3.26.1
LONG-TERM DEBT AND OTHER FINANCING ARRANGEMENTS (Tables)
12 Months Ended
May 31, 2026
Debt and Lease Obligation [Abstract]  
Schedule of Long-term Debt (Net of Discounts and Debt Issuance Costs)
The components of long-term debt (net of discounts and debt issuance costs), along with maturity dates for the years subsequent to May 31, 2026, are as follows (in millions):
Fiscal Year ofMay 31,
Interest Rate %Maturity20262025
Senior secured debt:
1.875 2034$679 $729 
Senior unsecured debt:
3.25 2026— 749 
3.40 2028499 498 
4.20-4.30
20291,392 398 
3.10-4.90
20302,340 1,738 
2.40-4.65
20311,985 992 
4.95 2033693 — 
4.90 2034496 496 
3.90 2035495 495 
5.25 2036988 — 
3.25 2041740 740 
3.875-4.10
2043985 985 
5.10 2044742 742 
4.10 2045641 641 
4.55-4.75
20462,463 2,462 
4.40 2047736 736 
4.05 2048987 986 
4.95 2049836 835 
5.25 20501,226 1,225 
4.50 2065245 245 
7.60 2098237 237 
Euro senior unsecured debt:
0.45 2026— 569 
1.625 20271,455 1,422 
0.45 2029695 679 
1.30 2032168 566 
0.95-3.50
20331,328 734 
4.125 2038404 — 
Total senior unsecured debt22,776 19,170 
Finance lease obligations1,514 680 
24,969 20,579 
Less current portion1,676 1,428 
$23,293 $19,151 
Schedule of Principal Payments on Long-Term Debt
The following table sets forth the future scheduled principal payments due for the next five years ending May 31 and thereafter on our long-term debt (in millions):
Debt Principal
2027$1,506 
2028552 
20292,751 
20301,802 
20312,052 
Thereafter15,031 
Subtotal23,694 
Discount and debt issuance costs(239)
Total debt$23,455