v3.26.1
SELECTED CURRENT ASSETS AND LIABILITIES
 12 Months Ended
May 31, 2026
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
SELECTED CURRENT ASSETS AND LIABILITIES SELECTED CURRENT ASSETS AND LIABILITIES
The components of selected current asset and liability captions at May 31 were as follows (in millions):
20262025
Prepaid expenses and other
Prepaid taxes and licenses $22 $20 
Prepaid maintenance and other 40 2 
Spare parts, supplies, and fuel21 21 
$83 $43 
Accrued salaries and employee benefits
Salaries $174 $44 
Employee benefits, including variable compensation 107 81 
Compensated absences 108 102 
$389 $227 
Accrued expenses
Self-insurance accruals $56 $103 
Accrued interest payable57 — 
Accrued separation costs43 — 
Taxes other than income taxes 33 45 
Other 94 64 
$283 $212