v3.26.1
DERIVATIVE FINANCIAL INSTRUMENTS (Tables)
 12 Months Ended
May 31, 2026
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Foreign Currency Derivatives and Interest Rate The following foreign currency derivatives were outstanding as of May 31, 2026 and 2025 (notional amounts in millions):
20262025
Derivatives designated as net investment hedgesNumber of InstrumentsNotional SoldNotional PurchasedNumber of InstrumentsNotional SoldNotional Purchased
Cross-currency swaps4€(949)$1,000 4€(949)$1,000 
The following interest rate derivatives and foreign exchange contracts were outstanding as of May 31, 2026 and 2025 (notional amounts in millions):
20262025
Derivatives not designated in a hedging relationshipUnderlying NotionalUnderlying Notional
Interest rate swaps$2,300 $— 
Foreign exchange contracts1,753 1,118 
Schedule of Fair Value of Derivatives
The following table presents the fair value of our derivatives, including their classification on the consolidated balance sheet, as of May 31, 2026 and 2025 (in millions):
Balance Sheet Location20262025
Asset Derivatives
Cross-currency swapsPrepaid expenses and other$12 $13 
Interest rate swapsPrepaid expenses and other4 — 
Foreign exchange contractsPrepaid expenses and other9 — 
Liability Derivatives
Cross-currency swapsOther liabilities$115 $108 
Interest rate swapsAccrued expenses1 — 
Foreign exchange contractsAccrued expenses3 2