v3.26.3
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
3 Months Ended
Aug. 31, 2026
Aug. 31, 2025
Cash provided (used) by operations:    
Net income $ 712 $ 727
Adjustments to reconcile net income to net cash provided (used) by operations:    
Depreciation and amortization 193 190
Deferred income taxes (67) (25)
Stock-based compensation 158 185
Impairment and other 9 8
Net foreign currency adjustments (24) 34
Changes in certain working capital components and other assets and liabilities:    
(Increase) decrease in accounts receivable 695 (215)
(Increase) decrease in inventories (312) (610)
(Increase) decrease in prepaid expenses, operating lease right-of-use assets and other current and non-current assets (10) (165)
Increase (decrease) in accounts payable, accrued liabilities, operating lease liabilities and other current and non-current liabilities (1,219) 93
Cash provided (used) by operations 135 222
Cash provided (used) by investing activities:    
Purchases of short-term investments (407) (355)
Maturities of short-term investments 36 209
Sales of short-term investments 378 294
Additions to property, plant and equipment (199) (207)
Cash provided (used) by investing activities (192) (59)
Cash provided (used) by financing activities:    
Proceeds from exercise of stock options and other stock issuances 0 127
Repurchase of common stock 0 (126)
Dividends — common and preferred (610) (591)
Other financing activities (8) (8)
Cash provided (used) by financing activities (618) (598)
Effect of exchange rate changes on cash and equivalents 15 (5)
Net increase (decrease) in cash and equivalents (660) (440)
Cash and equivalents, beginning of period 7,563 7,464
CASH AND EQUIVALENTS, END OF PERIOD 6,903 7,024
Supplemental disclosure of cash flow information:    
Non-cash additions to property, plant and equipment 225 101
Dividends declared and not paid $ 613 $ 594