• Explain the Beginning Balance with Data
• Explain the Common Stock with Data
• Explain Retained Earnings or Accumulated Deficit with Data
• Explain Accumulated Other Comprehensive Income or Loss with Data
• Explain Net Income or Loss with Data

CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY

	COMMON STOCK	CAPITAL IN EXCESS OFSTATED VALUE	ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)	RETAINED EARNINGS (DEFICIT)	TOTAL
	CLASS A		CLASS B
(In millions, except per share data)	SHARES	AMOUNT		SHARES	AMOUNT
Balance at May 31, 2018	329		$				1,272		$	3		$	6,384		$	(92)		$	3,517		$	9,812
Stock options exercised				18			539				539
Conversion to Class B Common Stock	(14)				14
Repurchase of Class B Common Stock				(54)			(227)			(4,056)		(4,283)
Dividends on common stock ($0.86 per share) and preferred stock ($0.10 per share)								(1,360)		(1,360)
Issuance of shares to employees, net of shares withheld for employee taxes				3			142			(3)		139
Stock-based compensation						325				325
Net income								4,029		4,029
Other comprehensive income (loss)							323			323
Adoption of ASU 2016-16 (Note 1)								(507)		(507)
Adoption of ASC Topic 606 (Note 1)								23		23
Balance at May 31, 2019	315		$				1,253		$	3		$	7,163		$	231		$	1,643		$	9,040
Stock options exercised				20			703				703
Repurchase of Class B Common Stock				(34)			(161)			(2,872)		(3,033)
Dividends on common stock ($0.955 per share) and preferred stock ($0.10 per share)								(1,491)		(1,491)
Issuance of shares to employees, net of shares withheld for employee taxes				4			165			(9)		156
Stock-based compensation						429				429
Net income								2,539		2,539
Other comprehensive income (loss)							(287)			(287)
Adoption of ASC Topic 842 (Note 1)								(1)		(1)
Balance at May 31, 2020	315		$				1,243		$	3		$	8,299		$	(56)		$	(191)		$	8,055
Stock options exercised				21			954				954
Conversion to Class B Common Stock	(10)				10
Repurchase of Class B Common Stock				(5)			(28)			(622)		(650)
Dividends on common stock ($1.070 per share) and preferred stock ($0.10 per share)								(1,692)		(1,692)
Issuance of shares to employees, net of shares withheld for employee taxes				4			129			(43)		86
Stock-based compensation						611				611
Net income								5,727		5,727
Other comprehensive income (loss)							(324)			(324)
Balance at May 31, 2021	305		$				1,273		$	3		$	9,965		$	(380)		$	3,179		$	12,767