v3.26.1
CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($)
$ in Millions
Total
Common Stock
Additional Paid-in Capital
Retained Earnings (Accumulated Deficit)
Accumulated Other Comprehensive Loss
Beginning balance at May. 31, 2023 $ 1,671 $ 0 $ 0 $ 1,674 $ (3)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income 1,574     1,574  
Net transfers from (to) Parent [1] (1,121)     (1,121)  
Ending balance at May. 31, 2024 2,124 0 0 2,127 (3)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income 1,346     1,346  
Foreign currency translation adjustments (4)       (4)
Net transfers from (to) Parent [1] (1,073)     (1,073)  
Ending balance at May. 31, 2025 2,393 0 0 2,400 (7)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income 655     655  
Foreign currency translation adjustments 4       4
Recapitalization 0 15   (15)  
Net transfers from (to) Parent [1] (3,549)     (3,549)  
Ending balance at May. 31, 2026 $ (497) $ 15 $ 0 $ (509) $ (3)
[1] Refer to Note 10, Related Party Transactions, for additional information on Net transfers from (to) Parent.