Oracle (ORCL) 10-Q 18 Mar 16 2016 Q3 Quarterly report Financial data

DOCUMENT AND ENTITY INFORMATION

DOCUMENT AND ENTITY INFORMATION - shares	9 Months Ended
	Feb. 29, 2016	Mar. 11, 2016
Document and Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Feb. 29, 2016
Document Fiscal Period Focus	Q3
Document Fiscal Year Focus	2,016
Trading Symbol	ORCL
Entity Registrant Name	Oracle Corporation
Entity Central Index Key	1,341,439
Current Fiscal Year End Date	--05-31
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding (in shares)		4,149,865,000

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Feb. 29, 2016	May. 31, 2015
Current assets:
Cash and cash equivalents	$ 15,583	$ 21,716
Marketable securities	35,184	32,652
Trade receivables, net of allowances for doubtful accounts of $314 and $285 as of February 29, 2016 and May 31, 2015, respectively	3,844	5,618
Inventories	212	314
Prepaid expenses and other current assets	2,246	2,220
Total current assets	57,069	62,520
Non-current assets:
Property, plant and equipment, net	4,011	3,686
Intangible assets, net	5,249	6,406
Goodwill, net	34,284	34,087
Deferred tax assets	1,382	1,458
Other assets	2,899	2,746
Total non-current assets	47,825	48,383
Total assets	104,894	110,903
Current liabilities:
Notes payable, current		1,999
Accounts payable	410	806
Accrued compensation and related benefits	1,536	1,839
Deferred revenues	6,912	7,245
Other current liabilities	2,967	3,317
Total current liabilities	11,825	15,206
Non-current liabilities:
Notes payable, non-current	40,106	39,959
Income taxes payable	4,418	4,386
Other non-current liabilities	2,209	2,254
Total non-current liabilities	$ 46,733	46,599
Commitments and contingencies
Oracle Corporation stockholders' equity:
Preferred stock, $0.01 par value-authorized: 1.0 shares; outstanding: none	$ 0	0
Common stock, $0.01 par value and additional paid in capital-authorized: 11,000 shares; outstanding: 4,156 shares and 4,343 shares as of February 29, 2016 and May 31, 2015, respectively	23,526	23,156
Retained earnings	23,390	26,503
Accumulated other comprehensive loss	(1,046)	(996)
Total Oracle Corporation stockholders' equity	45,870	48,663
Noncontrolling interests	466	435
Total equity	46,336	49,098
Total liabilities and equity	$ 104,894	$ 110,903

CONDENSED CONSOLIDATED BALANCE3

CONDENSED CONSOLIDATED BALANCE SHEETS PARENTHETICAL - USD ($) shares in Millions, $ in Millions	Feb. 29, 2016	May. 31, 2015
Condensed Consolidated Balance Sheets
Allowance for doubtful accounts receivable	$ 314	$ 285
Preferred stock par value per share	$ 0.01	$ 0.01
Preferred stock shares authorized	1	1
Preferred stock shares outstanding	0	0
Common stock par value per share	$ 0.01	$ 0.01
Common stock shares authorized	11,000	11,000
Common stock shares outstanding	4,156	4,343

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Millions, $ in Millions		3 Months Ended		9 Months Ended
		Feb. 29, 2016	Feb. 28, 2015	Feb. 29, 2016	Feb. 28, 2015
Cloud and on-premise software revenues:
Cloud software as a service and platform as a service		$ 583	$ 372	$ 1,517	$ 1,069
Cloud infrastructure as a service		152	155	477	448
Total cloud revenues		735	527	1,994	1,517
New software licenses		1,680	1,982	4,509	5,397
Software license updates and product support		4,669	4,661	14,048	14,161
Total on-premise software revenues		6,349	6,643	18,557	19,558
Total cloud and on-premise software revenues		7,084	7,170	20,551	21,075
Hardware revenues:
Hardware products		604	712	1,746	2,007
Hardware support		531	587	1,639	1,791
Total hardware revenues		1,135	1,299	3,385	3,798
Total services revenues		793	858	2,517	2,647
Total revenues		9,012	9,327	26,453	27,520
Operating expenses:
Sales and marketing	[1]	1,903	1,839	5,578	5,443
Cloud software as a service and platform as a service	[1]	292	203	847	517
Cloud infrastructure as a service	[1]	88	88	268	254
Software license updates and product support	[1]	293	300	877	867
Hardware products	[1]	338	367	967	1,034
Hardware support	[1]	171	218	526	628
Services	[1]	657	724	2,058	2,179
Research and development		1,419	1,370	4,253	4,088
General and administrative		290	252	832	799
Amortization of intangible assets		408	527	1,283	1,642
Acquisition related and other		11	8	35	12
Restructuring		115	48	293	168
Total operating expenses		5,985	5,944	17,817	17,631
Operating income		3,027	3,383	8,636	9,889
Interest expense		(360)	(273)	(1,105)	(817)
Non-operating income, net		65	40	179	65
Income before provision for income taxes		2,732	3,150	7,710	9,137
Provision for income taxes		590	655	1,623	1,956
Net income		$ 2,142	$ 2,495	$ 6,087	$ 7,181
Earnings per share:
Basic (in dollars per share)		$ 0.51	$ 0.57	$ 1.43	$ 1.63
Diluted (in dollars per share)		$ 0.50	$ 0.56	$ 1.41	$ 1.59
Weighted average common shares outstanding:
Basic (in shares)		4,182	4,389	4,246	4,419
Diluted (in shares)		4,256	4,494	4,328	4,516
Dividends declared per common share (in dollars per share)		$ 0.15	$ 0.12	$ 0.45	$ 0.36
[1]	Exclusive of amortization of intangible assets, which is shown separately.

CONDENSED CONSOLIDATED STATEME5

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Feb. 29, 2016	Feb. 28, 2015	Feb. 29, 2016	Feb. 28, 2015
Net income	$ 2,142	$ 2,495	$ 6,087	$ 7,181
Portion Attributable to Parent [Member]
Net income	2,142	2,495	6,087	7,181
Other comprehensive income (loss), net of tax:
Net foreign currency translation gains (losses)	142	(262)	9	(629)
Net unrealized gains on defined benefit plans	5	2	25	8
Net unrealized gains (losses) on marketable securities	69	(6)	(47)	15
Net unrealized (losses) gains on cash flow hedges	(23)	(30)	(37)	6
Total other comprehensive income (loss), net	193	(296)	(50)	(600)
Comprehensive income	$ 2,335	$ 2,199	$ 6,037	$ 6,581

CONDENSED CONSOLIDATED STATEME6

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Millions	9 Months Ended
	Feb. 29, 2016	Feb. 28, 2015
Cash flows from operating activities:
Net income	$ 6,087	$ 7,181
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation	643	502
Amortization of intangible assets	1,283	1,642
Deferred income taxes	(143)	(486)
Stock-based compensation	768	689
Tax benefits on the exercise of stock options and vesting of restricted stock-based awards	188	284
Excess tax benefits on the exercise of stock options and vesting of restricted stock-based awards	(61)	(167)
Other, net	116	126
Changes in operating assets and liabilities, net of effects from acquisitions:
Decrease in trade receivables, net	1,746	1,867
Decrease (increase) in inventories	87	(78)
Decrease in prepaid expenses and other assets	95	362
Decrease in accounts payable and other liabilities	(890)	(1,204)
Decrease in income taxes payable	(112)	(369)
Increase (decrease) in deferred revenues	24	(296)
Net cash provided by operating activities	9,831	10,053
Cash flows from investing activities:
Purchases of marketable securities and other investments	(21,549)	(23,339)
Proceeds from maturities and sales of marketable securities and other investments	18,845	15,042
Acquisitions, net of cash acquired	(313)	(6,232)
Capital expenditures	(1,009)	(794)
Net cash used for investing activities	(4,026)	(15,323)
Cash flows from financing activities:
Payments for repurchases of common stock	(8,467)	(6,079)
Proceeds from issuances of common stock	802	1,456
Shares repurchased for tax withholdings upon vesting of restricted stock-based awards	(82)	(11)
Payments of dividends to stockholders	(1,918)	(1,600)
Proceeds from borrowings, net of issuance costs		9,945
Repayments of borrowings	(2,000)	(1,500)
Excess tax benefits on the exercise of stock options and vesting of restricted stock-based awards	61	167
Distributions to noncontrolling interests	(85)	(196)
Net cash (used for) provided by financing activities	(11,689)	2,182
Effect of exchange rate changes on cash and cash equivalents	(249)	(980)
Net decrease in cash and cash equivalents	(6,133)	(4,068)
Cash and cash equivalents at beginning of period	21,716	17,769
Cash and cash equivalents at end of period	15,583	13,701
Non-cash investing and financing transactions:
Fair value of stock options and restricted stock-based awards assumed in connection with acquisitions		12
Increase in unsettled repurchases of common stock	3	8
(Decrease) increase in unsettled investment purchases	$ (148)	$ 817

BASIS OF PRESENTATION AND RECEN

BASIS OF PRESENTATION AND RECENT ACCOUNTING PRONOUNCEMENTS	9 Months Ended
	Feb. 29, 2016
Basis of Presentation and Recent Accounting Pronouncements [Abstract]
BASIS OF PRESENTATION AND RECENT ACCOUNTING PRONOUNCEMENTS	1. BASIS OF PRESENTATION AND RECENT ACCOUNTING PRONOUNCEMENTS Basis of Presentation We have prepared the condensed consolidated financial statements included herein pursuant to the rules and regulations of the U.S. Securities and Exchange Commission (SEC). Certain information and footnote disclosures normally included in financial statements prepared in accordance with U.S. generally accepted accounting principles (U.S. GAAP) have been condensed or omitted pursuant to such rules and regulations. However, we believe that the disclosures herein are adequate to ensure the information presented is not misleading. These unaudited condensed consolidated financial statements should be read in conjunction with the audited financial statements and the notes thereto included in our Annual Report on Form 10-K for the fiscal year ended May 31, 2015. We believe that all necessary adjustments, which consisted only of normal recurring items, have been included in the accompanying financial statements to present fairly the results of the interim periods. The results of operations for the interim periods presented are not necessarily indicative of the operating results to be expected for any subsequent interim period or for our fiscal year ending May 31, 2016. Certain prior year balances have been reclassified to conform to the current year presentation. Such reclassifications did not affect total revenues, operating income or net income. During the first nine months of fiscal 2016, we adopted Accounting Standards Update (ASU) 2015-17, Income Taxes (Topic 740): Balance Sheet Classification of Deferred Taxes (ASU 2015-17) on a retrospective basis. As required by ASU 2015-17, all deferred tax assets and liabilities are classified as non-current in our consolidated balance sheets, which is a change from our historical presentation whereby certain of our deferred tax assets and liabilities were classified as current and the remainder were classified as non-current. Upon adoption of ASU 2015-17, current deferred tax assets of $663 million and current deferred tax liabilities of $85 million in our May 31, 2015 consolidated balance sheet were reclassified as non-current. In addition, during the first nine months of fiscal 2016, we also adopted ASU 2015-16, Business Combinations (Topic 805): Simplifying the Accounting for Measurement-Period Adjustments , ASU 2015-15, Interest—Imputation of Interest (Subtopic 835-30): Presentation and Subsequent Measurement of Debt Issuance Costs Associated with Line-of-Credit Arrangements—Amendments to SEC Paragraphs Pursuant to Staff Announcement at June 18, 2015 EITF Meeting , ASU 2015-11, Inventory (Topic 330): Simplifying the Measurement of Inventory , and ASU 2015-05, Intangibles—Goodwill and Other—Internal-Use Software (Subtopic 350-40): Customer’s Accounting for Fees Paid in a Cloud Computing Arrangement , none of which had a material impact on our reported financial position or results of operations and cash flows. There have been no other significant changes in our reported financial position or results of operations and cash flows as a result of the adoption of new accounting pronouncements or to our significant accounting policies that were disclosed in our Annual Report on Form 10-K for the fiscal year ended May 31, 201 5 that have had a significant impact on our consolidated financial statements or notes thereto. Acquisition Related and Other Expenses Acquisition related and other expenses consist of personnel related costs for transitional and certain other employees, stock-based compensation expenses, integration related professional services, certain business combination adjustments including certain adjustments after the measurement period has ended and certain other operating items, net. Stock-based compensation expenses included in acquisition related and other expenses resulted from unvested stock options and restricted stock -based awards assumed from acquisitions whereby vesting was accelerated upon termination of the employees pursuant to the original terms of those stock options and restricted stock -based awards. Three Months Ended Nine Months Ended (in millions) February 29, 2016 February 28, 2015 February 29, 2016 February 28, 2015 Transitional and other employee related costs $ 8 $ 14 $ 40 $ 46 Stock-based compensation — 1 3 5 Professional fees and other, net 1 (7) 10 (39) Business combination adjustments, net 2 — (18) — Total acquisition related and other expenses $ 11 $ 8 $ 35 $ 12 Included in acquisition related and other expenses during the nine months ended February 29, 2016 and February 28, 2015 were an acquisition related benefit of $ 19 million and a litigation related benefit of $53 million, respectively. Non-Operating Income, net Non-operating income, net consists primarily of interest income, net foreign currency exchange gains (losses), the noncontrolling interests in the net profits of our majority-owned subsidiaries (primarily Oracle Financial Services Software Limited and Oracle Japan) and net other income (losses), including net realized gains and losses related to all of our investments and net unrealized gains and losses related to the small portion of our investment portfolio that we classify as trading. Three Months Ended Nine Months Ended (in millions) February 29, 2016 February 28, 2015 February 29, 2016 February 28, 2015 Interest income $ 141 $ 82 $ 382 $ 250 Foreign currency losses, net (15) (32) (68) (105) Noncontrolling interests in income (36) (17) (95) (100) Other (loss) income, net (25) 7 (40) 20 Total non-operating income, net $ 65 $ 40 $ 179 $ 65 Sales of Financing Receivables We offer certain of our customers the option to acquire our software products, hardware products and services offerings through separate long-term payment contracts. We generally sell these contracts that we have financed for our customers on a non-recourse basis to financial institutions within 90 days of the contracts’ dates of execution. We record the transfers of amounts due from customers to financial institutions as sales of financing receivables because we are considered to have surrendered control of these financing receivables. Financing receivables sold to financial institutions were $ 304 million and $ 1.5 billion for the three and n ine m onths e nded February 29, 2016, respectively, and $ 415 million and $ 1.3 b illion for the three and n ine m onths e nded February 28, 2015, respectively. Recent Accounting Pronouncements Derivatives and Hedging: In March 2016, the Financial Accounting Standards Board (FASB) issued ASU 2016-05, Derivatives and Hedging (Topic 815): Effect of Derivative Contract Novations on Existing Hedge Accounting Relationships (ASU 2016-05) and ASU 2016-06, Derivatives and Hedging (Topic 815): Contingent Put and Call Options in Debt Instruments (ASU 2016-06). ASU 2016-05 clarifies that a change in the counterparty to a derivative instrument that has been designated as a hedging instrument does not, in and of itself, require dedesignation of that hedging relationship provided that all other hedge accounting criteria continue to be met. ASU 2016-06 clarifies the steps required to determine bifurcation of an embedded derivative. ASU 2016-05 and ASU 2016-06 are effective for us in our first quarter of fiscal 2018 and earlier adoption is permitted. We are currently evaluating the impact of our pending adoptions of ASU 2016-05 and ASU 2016-06 on our consolidated financial statements. Leases: In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842) (ASU 2016-02). ASU 2016-02 requires companies to generally recognize on the balance sheet operating and financing lease liabilities and corresponding right-of-use assets. ASU 2016-02 is effective for us in our first quarter of fiscal 2020 on a modified retrospective basis and earlier adoption is permitted. We are currently evaluating the impact of our pending adoption of ASU 2016-02 on our consolidated financial statements and we currently expect that most of our operating lease commitments will be subject to the new standard and recognized as operating lease liabilities and right-of-use assets upon our adoption of ASU 2016-02. Financial Instruments: In January 2016, the FASB issued ASU 2016-01, Financial Instruments —Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities (ASU 2016-01), which addresses certain aspects of recognition, measurement, presentation, and disclosure of financial instruments. ASU 2016-01 is effective for us in our first quarter of fiscal 2019 and earlier adoption is not permitted. We are currently evaluating the impact of our pending adoption of ASU 2016-01 on our consolidated financial statements. Revenue Recognition: In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers: Topic 606 (ASU 2014-09), to s upersede nearly all existing revenue recognition guidance under U.S. GAAP. The core principle of ASU 2014-09 is to recognize revenues when promised goods or services are transferred to customers in an amount that reflects the consideration that is expected to be received for those goods or services. ASU 2014-09 defines a five step process to achieve this core principle and, in doing so, it is possible more judgment and estimates may be required within the revenue recognition process than are required under existing U.S. GAAP, including identifying performance obligations in the contract, estimating the amount of variable consideration to include in the transaction price and allocating the transaction price to each separate performance obligation, among others. The original effective date of ASU 2014-09 would have required us to adopt the standard in our first quarter of fiscal 2018. In August 2015, the FASB issued ASU 2015-14, Revenue from Contracts with Customers (Topic 606): Deferral of the Effective Date (ASU 2015-14), which defers the effective date by one year while providing the option to early adopt the standard on the original effective date. Accordingly, we may adopt the standard either in our first quarter of fiscal 2018 or our first quarter of fiscal 2019 using either of two methods: (i) retrospective application of ASU 2014-09 to each prior reporting period presented with the option to elect certain practical expedients as defined within ASU 2014-09; or (ii) retrospective application of ASU 2014-09 with the cumulative effect of initially applying ASU 2014-09 recognized at the date of initial application and providing certain additional disclosures as defined per ASU 2014-09. We are currently evaluating the timing and the impact of our pending adoption of ASU 2014-09 on our consolidated financial statements.

ACQUISITIONS

ACQUISITIONS	9 Months Ended
	Feb. 29, 2016
Acquisitions [Abstract]
ACQUISITIONS	2. ACQUISITIONS Fiscal 2016 Acquisitions During the first nine months of fiscal 2016, we acquired certain companies and purchased certain technology and development assets primarily to expand our products and services offerings . These acquisitions were not significant individually or in the aggregate. We also acquired one company during the fourth quarter of fiscal 2016 which was not significant. Fiscal 2015 Acquisitions Acquisition of MICROS Systems, Inc. On June 22, 2014, we entered into an Agreement and Plan of Merger (Merger Agreement) with MICROS Systems, Inc. (MICROS), a provider of integrated software, hardware and services solutions to the hospitality and retail industries. On July 3, 2014, pursuant to the Merger Agreement, we commenced a tender offer to purchase all of the issued and outstanding shares of common stock of MICROS at a purchase price of $68.00 per share, net to the holder in cash, without interest thereon, based upon the terms and subject to the conditions set forth in the Merger Agreement. Between September 3, 2014 and September 8, 2014, pursuant to the terms of the tender offer, we accepted and paid for the substantial majority of outstanding shares of MICROS common stock. On September 8, 2014, we effectuated the merger of MICROS with and into a wholly-owned subsidiary of Oracle pursuant to the terms of the Merger Agreement and applicable Maryland law, and MICROS became an indirect, wholly-owned subsidiary of Oracle. Pursuant to the merger, shares of MICROS common stock that remained outstanding and were not acquired by us were converted into, and cancelled in exchange for, the right to receive $68.00 per share in cash. The unvested equity awards to acquire MICROS common stock that were outstanding immediately prior to the conclusion of the merger were converted into equity awards denominated in shares of Oracle common stock based on formulas contained in the Merger Agreement. We acquired MICROS to, among other things, expand our cloud and on-premise software, hardware and related services offerings for hotels, food and beverage industries, facilities, and retailers. We have included the financial results of MICROS in our consolidated financial statements from the date of acquisition. Pursuant to our business combinations accounting policy, we estimated the fair values of net tangible and intangible assets acquired and the excess of the consideration transferred over the aggregate of such fair values was recorded as goodwill. The following table summarizes the estimated fair values of net assets acquired from MICROS: (in millions) Cash and cash equivalents $ 683 Trade receivables, net 181 Inventories 28 Goodwill 3,242 Intangible assets 2,030 Other assets 155 Accounts payable and other liabilities (359) Deferred tax liabilities, net (536) Deferred revenues (177) Total $ 5,247 We do not expect the goodwill recognized as a part of the MICROS acquisition to be deductible for income tax purposes. Other Fiscal 2015 Acquisitions During fiscal 2015, we acquired certain other companies and purchased certain technology and development assets primarily to expand our products and services offerings. These acquisitions were not individually significant. We have included the financial results of the acquired companies in our consolidated financial statements from their respective acquisition dates and the results from each of these companies were not individually material to our consolidated financial statements. In the aggregate, the total purchase price for these acquisitions was approximately $1.7 billion, which consisted of approximately $1.7 billion in cash and $7 million for the fair values of stock options and restricted stock-based awards assumed. We recorded $6 million of net tangible liabilities and $388 million of identifiable intangible assets, based on their estimated fair values, and $1.4 billion of residual goodwill. Unaudited Pro Forma Financial Information The unaudited pro forma financial information in the table below summarizes the combined results of operations for Oracle, MICROS, and certain other companies that we acquired since the beginning of fiscal 2015 that were considered relevant for the purposes of unaudited pro forma financial information disclosure as if the companies were combined as of the beginning of fiscal 2015. The unaudited pro forma financial information for all periods presented also included the business combination accounting effects resulting from these acquisitions, including amortization charges from acquired intangible assets (certain of which are preliminary), stock-based compensation charges for unvested stock options and restricted stock-based awards assumed, if any, and the related tax effects as though the aforementioned companies were combined as of the beginning of fiscal 2015. The unaudited pro forma financial information as presented below is for informational purposes only and is not necessarily indicative of the results of operations that would have been achieved if the acquisitions had taken place at the beginning of fiscal 2015. The unaudited pro forma financial information for the three and n ine m onths e nded February 29, 2016 combined the historical results of Oracle for the three and n ine m onths e nded February 29, 2016 and the historical results of certain other companies that we acquired since the beginning of fiscal 2016 based upon their respective previous reporting periods and the dates these companies were acquired by us, and the effects of the pro forma adjustments listed above. The unaudited pro forma financial information for the three and n ine m onths e nded February 28, 2015 combined the historical results of Oracle for the three and n ine m onths e nded February 28, 2015 , the historical results of MICROS for the three and six m onths e nded June 30, 2014 (adjusted due to differences in reporting periods and considering the date we acquired MICROS), and the historical results of certain other companies that we acquired since the beginning of fiscal 2015 based upon their respective previous reporting periods and the dates these companies were acquired by us, and the effects of the pro forma adjustments listed above. The unaudited pro forma financial information was as follows: Three Months Ended Nine Months Ended (in millions, except per share data) February 29, 2016 February 28, 2015 February 29, 2016 February 28, 2015 Total revenues $ 9,017 $ 9,364 $ 24,486 $ 28,045 Net income $ 2,137 $ 2,455 $ 6,078 $ 7,114 Basic earnings per share $ 0.51 $ 0.56 $ 1.43 $ 1.61 Diluted earnings per share $ 0.50 $ 0.55 $ 1.40 $ 1.58

FAIR VALUE MEASUREMENTS

FAIR VALUE MEASUREMENTS	9 Months Ended
	Feb. 29, 2016
Fair Value Measurements [Abstract]
FAIR VALUE MEASUREMENTS	3. FAIR VALUE MEASUREMENTS We perform fair value measurements in accordance with the FASB Accounting Standards Codification (ASC) 820, Fair Value Measurement . ASC 820 defines fair value as the price that would be received from selling an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. When determining the fair value measurements for assets and liabilities required to be recorded at their fair values, we consider the principal or most advantageous market in which we would transact and consider assumptions that market participants would use when pricing the assets or liabilities, such as inherent risk, transfer restrictions and risk of nonperformance. ASC 820 establishes a fair value hierarchy that requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. An asset’s or a liability’s categorization within the fair value hierarchy is based upon the lowest level of input that is significant to the fair value measurement. ASC 820 establishes three levels of inputs that may be used to measure fair value: · Level 1: quoted prices in active markets for identical assets or liabilities; · Level 2: inputs other than Level 1 that are observable, either directly or indirectly, such as quoted prices in active markets for similar assets or liabilities, quoted prices for identical or similar assets or liabilities in markets that are not active, or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities; or · Level 3: unobservable inputs that are supported by little or no market activity and that are significant to the fair values of the assets or liabilities. Assets and Liabilities Measured at Fair Value on a Recurring Basis Our assets and liabilities measured at fair value on a recurring basis, excluding accrued interest components, consisted of the following (Level 1 and 2 inputs are defined above): February 29, 2016 May 31, 2015 Fair Value Measurements Fair Value Measurements (in millions) Level 1 Level 2 Total Level 1 Level 2 Total Assets: U.S. Treasury securities $ 115 $ — $ 115 $ 668 $ — $ 668 Commercial paper debt securities — 2,609 2,609 — 9,203 9,203 Corporate debt securities and other 192 34,535 34,727 190 28,654 28,844 Derivative financial instruments — 164 164 — 74 74 Total assets $ 307 $ 37,308 $ 37,615 $ 858 $ 37,931 $ 38,789 Liabilities: Derivative financial instruments $ — $ 260 $ 260 $ — $ 244 $ 244 Our marketable securities investments consist of Tier 1 commercial paper debt securities, corporate debt securities and certain other securities. As of February 29, 2016 and May 31, 2015, approximately 21% and 28%, respectively, of our marketable securities investments mature within one year and 79% and 72%, respectively, mature within one to six years. Our valuation techniques used to measure the fair values of our marketable securities that were classified as Level 1 in the table above were derived from quoted market prices and active markets for these instruments exist. Our valuation techniques used to measure the fair values of Level 2 instruments listed in the table above, the counterparties to which have high credit ratings, were derived from the following: non-binding market consensus prices that were corroborated by observable market data, quoted market prices for similar instruments, or pricing models, such as discounted cash flow techniques, with all significant inputs derived from or corroborated by observable market data including LIBOR-based yield curves, among others. Based on the trading prices of our $40.1 billion and $42.0 billion of senior notes that were outstanding as of February 29, 2016 and May 31, 2015, respectively, the estimated fair values of our borrowings using Level 2 inputs at February 29, 2016 and May 31, 2015 were $42.2 billion and $44.1 billion, respectively.

INVENTORIES

INVENTORIES	9 Months Ended
	Feb. 29, 2016
Inventories [Abstract]
INVENTORIES	4. INVENTORIES Inventories consisted of the following: (in millions) February 29, 2016 May 31, 2015 Raw materials $ 102 $ 112 Work-in-process 23 38 Finished goods 87 164 Total $ 212 $ 314

INTANGIBLE ASSETS AND GOODWILL

INTANGIBLE ASSETS AND GOODWILL	9 Months Ended
	Feb. 29, 2016
Intangible Assets and Goodwill [Abstract]
INTANGIBLE ASSETS AND GOODWILL	5. INTANGIBLE ASSETS AND GOODWILL The changes in intangible assets for fiscal 2016 and the net book value of intangible assets as of February 29, 2016 and May 31, 2015 were as follows: Intangible Assets, Gross Accumulated Amortization Intangible Assets, Net Weighted (Dollars in millions) May 31, Additions February 29, 2016 May 31, Expense February 29, 2016 May 31, February 29, 2016 Average Useful Life (1) Software support agreements and related relationships $ 4,190 $ — $ 4,190 $ (2,700) $ (297) $ (2,997) $ 1,490 $ 1,193 N.A. Hardware support agreements and related relationships 1,012 — 1,012 (654) (109) (763) 358 249 N.A. Developed technology 4,602 55 4,657 (2,355) (427) (2,782) 2,247 1,875 5 years Core technology 552 — 552 (411) (70) (481) 141 71 N.A. Customer relationships and contract backlog 2,197 8 2,205 (1,710) (177) (1,887) 487 318 3 years SaaS, PaaS and IaaS agreements and related relationships and other 1,993 57 2,050 (508) (160) (668) 1,485 1,382 10 years Trademarks 501 6 507 (303) (43) (346) 198 161 5 years Total intangible assets, net $ 15,047 $ 126 $ 15,173 $ (8,641) $ (1,283) $ (9,924) $ 6,406 $ 5,249 7 years __________ (1) Represents weighted average useful lives of intangible assets acquired during fiscal 2016. Total amortization expense related to our intangible assets was $ 408 million and $ 1.3 b illion for the three and n ine m onths e nded February 29, 2016, respectively, and $5 27 million and $1. 6 billion for the three and n ine m onths e nded February 28, 2015, respectively. As of February 29, 2016, estimated future amortization expenses related to intangible assets were as follows (in millions) : Remainder of fiscal 2016 $ 353 Fiscal 2017 1,016 Fiscal 2018 867 Fiscal 2019 760 Fiscal 2020 615 Fiscal 2021 470 Thereafter 1,168 Total intangible assets, net $ 5,249 The changes in the carrying amounts of goodwill, which is generally not deductible for tax purposes, for our operating segments for the nine months ended February 29, 2016 were as follows: (in millions) Software Consulting Other (2) Total Cloud License Software and Updates and On-Premise Product Hardware Software Support Support Balances as of May 31, 2015 $ 15,217 $ 14,461 $ 2,370 $ 1,759 $ 280 $ 34,087 Goodwill from acquisitions 211 — — — — 211 Goodwill adjustments, net (1) 12 (21) (3) — (2) (14) Balances as of February 29, 2016 $ 15,440 $ 14,440 $ 2,367 $ 1,759 $ 278 $ 34,284 _______________ (1) Pursuant to our business combinations accounting policy, we recorded goodwill adjustments for the effects on goodwill of changes to net assets acquired during the period that such a change is identified, provided that any such change is within the measurement period (up to one year from the date of the acquisition). (2) Represents goodwill allocated to our other operating segments.

RESTRUCTURING ACTIVITIES

RESTRUCTURING ACTIVITIES	9 Months Ended
	Feb. 29, 2016
Restructuring Activities [Abstract]
RESTRUCTURING ACTIVITIES	6. RESTRUCTURING ACTIVITIES Fiscal 2015 Oracle Restructuring Plan During the second quarter of fiscal 2015, our management approved, committed to and initiated plans to restructure and further improve efficiencies in our operations due to our acquisition of MICROS and certain other operational activities (2015 Restructuring Plan). The total estimated restructuring costs associated with the 2015 Restructuring Plan are up to $525 million and will be recorded to the restructuring expense line item within our consolidated statements of operations as they are incurred. We recorded $ 300 million of restructuring expenses in connection with the 2015 Restructuring Plan in the first nine months of fiscal 2016 and we expect to incur the majority of the estimated remaining $ 125 million through the end of fiscal 2016. Any changes to the estimates of executing the 2015 Restructuring Plan will be reflected in our future results of operations. Summary of All Plans Total Total Accrued Nine Months Ended February 29, 2016 Accrued Costs Expected May 31, Initial Adj. to Cash February 29, Accrued Program (in millions) 2015 (2) Costs (3) Cost (4) Payments Others (5) 2016 (2) to Date Costs Fiscal 2015 Oracle Restructuring Plan (1) Cloud software and on-premise software $ 11 $ 59 $ (6) $ (51) $ 2 $ 15 $ 80 $ 93 Software license updates and product support 5 118 (1) (35) — 87 124 175 Hardware business 6 46 (6) (32) 2 16 60 64 Services business 9 28 (4) (25) — 8 45 85 General and administrative and other 5 64 2 (42) (2) 27 91 108 Total Fiscal 2015 Oracle Restructuring Plan $ 36 $ 315 $ (15) $ (185) $ 2 $ 153 $ 400 $ 525 Total other restructuring plans (6) $ 84 $ 1 $ (8) $ (21) $ (8) $ 48 Total restructuring plans $ 120 $ 316 $ (23) $ (206) $ (6) $ 201 _____________________ (1) Restructuring costs recorded for individual line items primarily related to employee severance costs. (2) The balances at February 29, 2016 and May 31, 2015 included $173 million and $86 million, respectively, recorded in other current liabilities, and $28 million and $34 million, respectively, recorded in other non-current liabilities. (3) Costs recorded for the respective restructuring plans during the current period presented. (4) All plan adjustments were changes in estimates whereby increases and decreases in costs were generally recorded to operating expenses in the period of adjustments. (5) Represents foreign currency translation and certain other adjustments. (6) Other restructuring plans presented in the table above included condensed information for other Oracle-based plans and other plans associated with certain of our acquisitions whereby we continued to make cash outlays to settle obligations under these plans during the period presented but for which the current impact to our condensed consolidated statements of operations was not significant.

DEFERRED REVENUES

DEFERRED REVENUES	9 Months Ended
	Feb. 29, 2016
Deferred Revenues [Abstract]
DEFERRED REVENUES	7. DEFERRED REVENUES Deferred revenues consisted of the following: (in millions) February 29, 2016 May 31, 2015 Software license updates and product support $ 5,239 $ 5,635 Cloud SaaS, PaaS and IaaS 642 404 Hardware support and other 618 703 Services 322 379 New software licenses 91 124 Deferred revenues, current 6,912 7,245 Deferred revenues, non-current (in other non-current liabilities) 485 393 Total deferred revenues $ 7,397 $ 7,638 Deferred software license updates and product support revenues and deferred hardware support revenues represent customer payments made in advance for support contracts that are typically billed on a per annum basis in advance with corresponding revenues being recognized ratably over the support periods. Deferred cloud software as a service (SaaS), platform as a service (PaaS) and infrastructure as a service (IaaS) revenues generally result from customer payments made in advance for our cloud-based offerings that are recognized over the corresponding contractual term. Deferred services revenues include prepayments for our services business and revenues for these services are generally recognized as the services are performed. Deferred new software licenses revenues typically result from undelivered products or specified enhancements, customer specific acceptance provisions, customer payments made in advance for time-based license arrangements and software license transactions that cannot be separated from undelivered consulting or other services. In connection with our acquisitions, we have estimated the fair values of the cloud SaaS and PaaS, software license updates and product support, and hardware support obligations, among others, assumed from our acquired companies. We generally have estimated the fair values of these obligations assumed using a cost build-up approach. The cost build-up approach determines fair value by estimating the costs related to fulfilling the obligations plus a normal profit margin. The sum of the costs and operating profit approximates, in theory, the amount that we would be required to pay a third party to assume these acquired obligations. These aforementioned fair value adjustments recorded for obligations assumed from our acquisitions reduced the cloud SaaS and PaaS, software license updates and product support and hardware support deferred revenues balances that we recorded as liabilities from these acquisitions and also reduced the resulting revenues that we recognized or will recognize over the terms of the acquired obligations during the post-combination periods.

DERIVATIVE FINANCIAL INSTRUMENT

DERIVATIVE FINANCIAL INSTRUMENTS	9 Months Ended
	Feb. 29, 2016
Derivative Financial Instruments and Hedging Activities Disclosure [Abstract]
DERIVATIVE FINANCIAL INSTRUMENTS	8. DERIVATIVE FINANCIAL INSTRUMENTS Fair Value Hedges — Interest Rate Swap Agreements In July 2014, we entered into certain interest rate swap agreements that have the economic effect of modifying the fixed interest obligations associated with our $2.0 billion of 2.25% senior notes due October 2019 (2019 Notes) and our $1.5 billion of 2.80% senior notes due July 2021 (2021 Notes) so that the interest payable on these senior notes effectively became variable based on LIBOR. In July 2013, we entered into certain interest rate swap agreements that have the economic effect of modifying the fixed interest obligations associated with our $1.5 billion of 2.375% senior notes due January 2019 (January 2019 Notes) so that the interest payable on these senior notes effectively became variable based on LIBOR. The critical terms of the interest rate swap agreements match the critical terms of the 2019 Notes, 2021 Notes and the January 2019 Notes that the interest rate swap agreements pertain to, including the notional amounts and maturity dates. We have designated the aforementioned interest rate swap agreements as qualifying hedging instruments and are accounting for them as fair value hedges pursuant to ASC 815, Derivatives and Hedging (ASC 815). These transactions are characterized as fair value hedges for financial accounting purposes because they protect us against changes in the fair values of certain of our fixed-rate borrowings due to benchmark interest rate movements. The changes in fair values of these interest rate swap agreements are recognized as interest expense in our consolidated statements of operations with the corresponding amounts included in other assets or other non-current liabilities in our consolidated balance sheets. The amount of net gain (loss) attributable to the risk being hedged is recognized as interest expense in our consolidated statements of operations with the corresponding amount included in notes payable, non-current. The periodic interest settlements for the interest rate swap agreements for the 2019 Notes, 2021 Notes and the January 2019 Notes are recorded as interest expense and are included as a part of cash flows from operating activities. We do not use any interest rate swap agreements for trading purposes. Cash Flow Hedges — Cross-Currency Swap Agreements In connection with the issuance of our €1.25 billion of 2.25% senior notes due January 2021 (January 2021 Notes), we entered into certain cross-currency swap agreements to manage the related foreign currency exchange risk by effectively converting the fixed-rate, Euro-denominated January 2021 Notes, including the annual interest payments and the payment of principal at maturity, to fixed-rate, U.S. Dollar-denominated debt. The economic effect of the swap agreements was to eliminate the uncertainty of the cash flows in U.S. Dollars associated with the January 2021 Notes by fixing the principal amount of the January 2021 Notes at $1.6 billion with a fixed annual interest rate of 3.53%. We have designated these cross-currency swap agreements as qualifying hedging instruments and are accounting for these as cash flow hedges pursuant to ASC 815. The critical terms of the cross-currency swap agreements correspond to the January 2021 Notes, including the annual interest payments being hedged, and the cross-currency swap agreements mature at the same time as the January 2021 Notes. We used the hypothetical derivative method to measure the effectiveness of our cross-currency swap agreements. The fair values of these cross-currency swap agreements are recognized as other assets or other non-current liabilities in our consolidated balance sheets. The effective portions of the changes in fair values of these cross-currency swap agreements are reported in accumulated other comprehensive loss in our consolidated balance sheets and an amount is reclassified out of accumulated other comprehensive loss into non-operating income, net in the same period that the carrying value of the Euro-denominated January 2021 Notes are remeasured and the interest expense is recognized. The ineffective portion of the unrealized gains and losses on these cross-currency swaps, if any, is recorded immediately to non-operating income, net. We evaluate the effectiveness of our cross-currency swap agreements on a quarterly basis. We did not record any ineffectiveness for the nine months ended February 29, 2016 or February 28, 2015. The cash flows related to the cross-currency swap agreements that pertain to the periodic interest settlements are classified as operating activities and the cash flows that pertain to the principal balance are classified as financing activities. We do not use any cross-currency swap agreements for trading purposes. Net Investment Hedge — Foreign Currency Borrowings In July 2013, we designated our €750 million of 3.125% senior notes due July 2025 (2025 Notes) as a net investment hedge of our investments in certain of our international subsidiaries that use the Euro as their functional currency in order to reduce the volatility in stockholders’ equity caused by the changes in foreign currency exchange rates of the Euro with respect to the U.S. Dollar. We used the spot method to measure the effectiveness of our net investment hedge. Under this method, for each reporting period, the change in the carrying value of the Euro-denominated 2025 Notes due to remeasurement of the effective portion is reported in accumulated other comprehensive loss in our consolidated balance sheet and the remaining change in the carrying value of the ineffective portion, if any, is recognized in non-operating income, net in our consolidated statements of operations. We evaluate the effectiveness of our net investment hedge at the beginning of every quarter. We did not record any ineffectiveness for the nine months ended February 29, 2016 or February 28, 2015. Foreign Currency Forward Contracts Not Designated as Hedges We transact business in various foreign currencies and have established a program that primarily utilizes foreign currency forward contracts to offset the risks associated with the effects of certain foreign currency exposures. We neither use these foreign currency forward contracts for trading purposes nor do we designate these forward contracts as hedging instruments pursuant to ASC 815 (refer to Note 11 of Notes to Consolidated Financial Statements as included in our Annual Report on Form 10-K for the fiscal year ended May 31, 2015 for additional information regarding these contracts). As of February 29, 2016 and May 31, 2015, respectively, the notional amounts of the forward contracts we held to purchase U.S. Dollars in exchange for other major international currencies were $ 2.1 billion and $2.2 billion, respectively. The notional amount of forward contracts we held to sell U.S. Dollars in exchange for other major international currencies was $ 1.2 billion as of both February 29, 2016 and May 31, 2015. The fair values of our outstanding foreign currency forward contracts were nominal as of February 29, 2016 and May 31, 2015. Included in our non-operating income, net were $ 93 million and $163 million of net gains related to these forward contracts for the three and n ine m onths e nded February 29, 2016, respectively, and $ 14 million and $ 49 million of net gains for the three and n ine m onths e nded February 28, 2015, respectively. The cash flows related to these foreign currency contracts are classified as operating activities. The effects of derivative and non-derivative instruments designated as hedges on certain of our consolidated financial statements were as follows as of or for each of the respective periods presented below (amounts presented exclude any income tax effects): Fair Values of Derivative and Non-Derivative Instruments Designated as Hedges in Condensed Consolidated Balance Sheets Fair Value (in millions) Balance Sheet Location February 29, May 31, 2016 2015 Interest rate swap agreements designated as fair value hedges Other assets $ 164 $ 74 Cross-currency swap agreements designated as cash flow hedges Other non-current liabilities $ (260) $ (244) Foreign currency borrowings designated as net investment hedge Notes payable, non-current $ (969) $ (981) Effects of Derivative and Non-Derivative Instruments Designated as Hedges on Income and Other Comprehensive Income (OCI) or Loss (OCL) Amount of Gain (Loss) Recognized in Accumulated OCI or OCL (Effective Portion) Location and Amount of Gain (Loss) Reclassified from Three Months Ended Nine Months Ended Three Months Ended Nine Months Ended (in millions) February 29, February 28, February 29, February 28, February 29, February 28, February 29, February 28, 2016 2015 2016 2015 2016 2015 2016 2015 Cross-currency swap agreements designated as cash flow hedges $ 29 $ (164) $ (16) $ (277) Non-operating income, net $ 52 $ (134) $ 21 $ (283) Foreign currency borrowings designated as net investment hedge $ (31) $ 80 $ (13) $ 169 Not applicable $ — $ — $ — $ — Location and Amount of Gain Location and Amount of Loss on Hedged Item Recognized in Income Attributable to Risk Being Hedged Three Months Ended Nine Months Ended Three Months Ended Nine Months Ended (in millions) February 29, February 28, February 29, February 28, February 29, February 28, February 29, February 28, 2016 2015 2016 2015 2016 2015 2016 2015 Interest rate swap agreements Interest expense $ 76 $ 15 $ 90 $ 37 Interest expense $ (76) $ (15) $ (90) $ (37) designated as fair value hedges

STOCKHOLDERS' EQUITY

STOCKHOLDERS' EQUITY	9 Months Ended
	Feb. 29, 2016
Stockholders' Equity [Abstract]
STOCKHOLDERS' EQUITY	9. STOCKHOLDERS’ EQUITY Common Stock Repurchases Our Board of Directors has approved a program for us to repurchase shares of our common stock. On March 15, 2016, we announced that our Board of Directors approved an expansion of our stock repurchase program by an additional $10.0 billion. As of February 29, 2016, approximately $ 809 million remained available for stock repurchases pursuant to our stock repurchase program prior to the March 2016 program expansion . We repurchased 222.7 million shares for $ 8.4 billion during the nine months ended February 29, 2016 (including 2.7 million shares for $ 98 million that were repurchased but not settled) and 1 47.7 million shares for $ 6 .1 billion during the nine months ended February 28, 2015 under the stock repurchase program. Our stock repurchase authorization does not have an expiration date and the pace of our repurchase activity will depend on factors such as our working capital needs, our cash requirements for acquisitions and dividend payments, our debt repayment obligations or repurchases of our debt, our stock price, and economic and market conditions. Our stock repurchases may be effected from time to time through open market purchases or pursuant to a Rule 10b5-1 plan. Our stock repurchase program may be accelerated, suspended, delayed or discontinued at any time. Dividends on Common Stock During the nine months ended February 29, 2016, our Board of Directors declared cash dividends of $0. 45 per share of our outstanding common stock, which we paid during the same period. In March 201 6 , our Board of Directors declared a quarterly cash dividend of $ 0.15 per share of our outstanding common stock. The dividend is payable on April 28 , 2016 to stockholders of record as of the close of business on April 14 , 2016. Future declarations of dividends and the establishment of future record and payment dates are subject to the final determination of our Board of Directors. Stock-Based Compensation Expense and Valuations of Stock Awards During the first nine months of fiscal 2016 , we issued 24 million stock options and 32 million restricted stock-based awards (consisting of 30 million service-based restricted stock units (RSUs) and 2 million performance-based restricted stock units (PSUs)) . Substantially all of the awards were issued as a part of our annual stock-based award process and are subject to service-based vesting restrictions, with the PSUs also having performance-based vesting restrictions, that are of a similar nature to those described in Note 14 of Notes to Consolidated Financial Statements included in our Annual Report on Form 10-K for the fiscal year ended May 31, 2015. Approximately 7 million of the 24 million stock options granted during the first nine months of fiscal 2016 were to our Chief Executive Officers and Chief Technology Officer and had contractual lives of five years versus the 10-year contractual lives for the other stock options granted. Our 2016 stock-based award issuances were partially offset by forfeitures and cancellations of 11 million shares during the first nine months of fiscal 2016. Stock-based compensation expense is included in the following operating expense line items in our condensed consolidated statements of operations: Three Months Ended Nine Months Ended (in millions) February 29, February 28, February 29, February 28, 2016 2015 2016 2015 Sales and marketing $ 57 $ 45 $ 163 $ 131 Cloud software as a service and platform as a service 4 3 13 8 Cloud infrastructure as a service 1 1 3 3 Software license updates and product support 6 6 18 15 Hardware products 1 1 4 4 Hardware support 1 2 4 4 Services 7 8 22 23 Research and development 154 138 452 380 General and administrative 29 29 86 116 Acquisition related and other — 1 3 5 Total stock-based compensation $ 260 $ 234 $ 768 $ 689

INCOME TAXES

INCOME TAXES	9 Months Ended
	Feb. 29, 2016
Income Taxes [Abstract]
INCOME TAXES	10. INCOME TAXES The effective tax rate for the periods presented is the result of the mix of income earned in various tax jurisdictions that apply a broad range of income tax rates. Our provision for income taxes differs from the tax computed at the U.S. federal statutory income tax rate due primarily to certain earnings considered as indefinitely reinvested in foreign operations, state taxes, the U.S. research and development tax credit, settlements with tax authorities and the U.S. domestic production activity deduction. Our effective tax rate was 21.6 % and 21.0 % for the three and n ine m onths e nded February 29, 2016, respectively, and 2 0 . 8 % and 21. 4 % for the three and n ine m onths e nded February 28, 2015, respectively. Our net deferred tax assets were $ 1.2 billion and $993 million as of February 29, 2016 and May 31, 2015, respectively. We believe it is more likely than not that the net deferred tax assets will be realized in the foreseeable future. Realization of our net deferred tax assets is dependent upon our generation of sufficient taxable income in future years in appropriate tax jurisdictions to obtain benefit from the reversal of temporary differences, net operating loss carryforwards and tax credit carryforwards. The amount of net deferred tax assets considered realizable is subject to adjustment in future periods if estimates of future taxable income change. Domestically, U.S. federal and state taxing authorities are currently examining income tax returns of Oracle and various acquired entities for years through fiscal 2014. Our U.S. federal and, with some exceptions, our state income tax returns have been examined for all years prior to fiscal 2006 and we are no longer subject to audit for those periods. Internationally, tax authorities for numerous non-U.S. jurisdictions are also examining returns affecting our unrecognized tax benefits. With some exceptions, we are generally no longer subject to tax examinations in non-U.S. jurisdictions for years prior to fiscal 1997. We believe that we have adequately provided under U.S. GAAP for outcomes related to our tax audits. However, there can be no assurances as to the possible outcomes or any related financial statement effect thereof. On July 27, 2015, in Altera Corp. v. Commissioner , the U.S. Tax Court issued an opinion related to the treatment of stock-based compensation expense in an intercompany cost-sharing arrangement. A final decision has yet to be issued by the Tax Court due to other outstanding issues related to the case. At this time, the U.S. Department of the Treasury has not withdrawn the requirement to include stock-based compensation from its regulations. We have reviewed this case and its impact on Oracle and concluded that no adjustment to the consolidated financial statements is appropriate at this time. We will continue to monitor ongoing developments and potential impacts to our consolidated financial statements.

SEGMENT INFORMATION

SEGMENT INFORMATION	9 Months Ended
	Feb. 29, 2016
Segment Information [Abstract]
SEGMENT INFORMATION	11. SEGMENT INFORMATION ASC 280, Segment Reporting , establishes standards for reporting information about operating segments. Operating segments are defined as components of an enterprise about which separate financial information is available that is evaluated regularly by the chief operating decision maker, or decision making group, in deciding how to allocate resources and in assessing performance. Our chief operating decision makers are our Chief Executive Officers. We are organized geographically and by line of business. While our Chief Executive Officers evaluate results in a number of different ways, the line of business management structure is the primary basis for which the allocation of resources and financial results are assessed. We have three businesses—cloud and on-premise software, hardware and services—which are further divided into certain operating segments. Our cloud and on-premise software business is comprised of three operating segments: (1) cloud software and on-premise software, which includes our cloud SaaS and PaaS offerings, (2) cloud infrastructure as a service and (3) software license updates and product support. Our hardware business is comprised of two operating segments: (1) hardware products and (2) hardware support. All other operating segments are combined under our services business. Our cloud software and on-premise software line of business markets, sells and delivers our application and platform technologies, including our SaaS and PaaS offerings, which provide customers a choice of software applications and platforms that are delivered via a cloud-based IT environment that we host, manage and support, and the licensing of our software products including Oracle Applications, Oracle Database, Oracle Fusion Middleware and Java, among others. The cloud infrastructure as a service line of business provides comprehensive software and hardware management and maintenance services for customer IT infrastructure for a fee for a stated term that is hosted at our data center facilities, select partner data centers or physically on-premise at customer facilities; and deployment and management offerings for our software and hardware and related IT infrastructure including virtual machine instances that are subscription-based and designed for computing and reliable and secure object storage. The software license updates and product support line of business generates revenues through the sale of software support contracts relating to on-premise new software licenses purchased by our customers. The software license updates and product support line of business provides our on-premise software customers with rights to software product upgrades and maintenance releases, patches released, internet access to technical content, as well as internet and telephone access to technical support personnel during the support period. The hardware line of business provides Oracle Engineered Systems, servers, storage, networking, industry specific hardware, virtualization software, operating systems including the Oracle Solaris Operating System and management software to support diverse IT environments, including cloud computing environments. Our hardware support line of business provides customers with software updates for the software components that are essential to the functionality of our hardware products, such as Oracle Solaris and certain other software products, and can include product repairs, maintenance services and technical support services. Our services business is comprised of the remainder of our operating segments and offers consulting, advanced customer support services and education services. Our consulting line of business primarily provides services to customers in business and IT strategy alignment, enterprise architecture planning and design, initial product implementation and integration and ongoing product enhancements and upgrades. Advanced customer support provides support services, both on-premise and remote, to our customers to enable increased performance and higher availability of their products and services and also includes certain other services. Education services provide training to customers, partners and employees as a part of our mission of accelerating the adoption and use of our software and hardware products and to create opportunities to grow our product revenues. We do not track our assets by operating segments. Consequently, it is not practical to show assets by operating segment. The following table presents summary results for each of our three businesses and for the operating segments of our cloud and on-premise software and hardware businesses: Three Months Ended Nine Months Ended (in millions) February 29, February 28, February 29, February 28, 2016 2015 2016 2015 Cloud software and on-premise software: Revenues (1) $ 2,265 $ 2,356 $ 6,030 $ 6,469 Cloud software as a service and platform as a service expenses 284 195 822 494 Sales and distribution expenses 1,469 1,390 4,224 4,106 Margin (2) $ 512 $ 771 $ 984 $ 1,869 Cloud infrastructure as a service: Revenues $ 152 $ 155 $ 477 $ 448 Cloud infrastructure as a service expenses 84 84 256 242 Sales and distribution expenses 17 25 54 65 Margin (2) $ 51 $ 46 $ 167 $ 141 Software license updates and product support: Revenues (1) $ 4,669 $ 4,664 $ 14,049 $ 14,170 Software license updates and product support expenses 276 281 823 820 Margin (2) $ 4,393 $ 4,383 $ 13,226 $ 13,350 Total cloud and on-premise software business: Revenues (1) $ 7,086 $ 7,175 $ 20,556 $ 21,087 Expenses 2,130 1,975 6,179 5,727 Margin (2) $ 4,956 $ 5,200 $ 14,377 $ 15,360 Hardware products: Revenues $ 604 $ 712 $ 1,746 $ 2,007 Hardware products expenses 337 366 963 1,030 Sales and distribution expenses 197 211 614 632 Margin (2) $ 70 $ 135 $ 169 $ 345 Hardware support: Revenues (1) $ 531 $ 588 $ 1,640 $ 1,794 Hardware support expenses 165 209 504 602 Margin (2) $ 366 $ 379 $ 1,136 $ 1,192 Total hardware business: Revenues (1) $ 1,135 $ 1,300 $ 3,386 $ 3,801 Expenses 699 786 2,081 2,264 Margin (2) $ 436 $ 514 $ 1,305 $ 1,537 Total services business: Revenues (1) $ 793 $ 859 $ 2,519 $ 2,653 Services expenses 630 694 1,976 2,097 Margin (2) $ 163 $ 165 $ 543 $ 556 Totals: Revenues (1) $ 9,014 $ 9,334 $ 26,461 $ 27,541 Expenses 3,459 3,455 10,236 10,088 Margin (2) $ 5,555 $ 5,879 $ 16,225 $ 17,453 ______________________ (1) Cloud software and on-premise software, software license updates and product support and hardware support revenues for management reporting included revenues related to cloud SaaS and PaaS, s oftware support and hardware support contracts that would have otherwise been recorded by the acquired businesses as independent entities but were not recognized in our condensed consolidated statements of operations for the periods presented . See Note 7 for an explanation of these adjustments and the table below for a reconciliation of our total operating segment revenues to our total revenues as reported in our condensed consolidated statements of operations. Our cloud software and on-premise software and services revenues for management reporting also differ from amounts reported per our consolidated statements of operations for the periods presented due to certain insignificant reclassifications between these lines for management reporting purposes. (2) The margins reported reflect only the direct controllable costs of each line of business and do not include allocations of product development, marketing and partner programs, and corporate, general and administrative and information technology expenses. Additionally, the margins reported do not reflect amortization of intangible assets, acquisition related and other expenses, restructuring expenses, stock-based compensation, interest expense or certain other income (expense), net. The following table reconciles total operating segment revenues to total revenues as well as total operating segment margin to income before provision for income taxes: Three Months Ended Nine Months Ended (in millions) February 29, February 28, 2015 February 29, 2016 February 28, 2015 2016 Total revenues for operating segments $ 9,014 $ 9,334 $ 26,461 $ 27,541 Cloud software as a service and platform as a service revenues (1) (2) (3) (6) (9) Software license updates and product support revenues (1) — (3) (1) (9) Hardware support revenues (1) — (1) (1) (3) Total revenues $ 9,012 $ 9,327 $ 26,453 $ 27,520 Total margin for operating segments $ 5,555 $ 5,879 $ 16,225 $ 17,453 Cloud software as a service and platform as a service revenues (1) (2) (3) (6) (9) Software license updates and product support revenues (1) — (3) (1) (9) Hardware support revenues (1) — (1) (1) (3) Product development (1,219) (1,180) (3,652) (3,562) Marketing and partner program expenses (110) (116) (356) (370) Corporate, general and administrative and information technology expenses (403) (377) (1,197) (1,105) Amortization of intangible assets (408) (527) (1,283) (1,642) Acquisition related and other (11) (8) (35) (12) Restructuring (115) (48) (293) (168) Stock-based compensation (260) (233) (765) (684) Interest expense (360) (273) (1,105) (817) Non-operating income, net 65 40 179 65 Income before provision for income taxes $ 2,732 $ 3,150 $ 7,710 $ 9,137 ______________________ (1) Cloud software as a service and platform as a service revenues, software license updates and product support revenues and hardware support revenues for management reporting included revenues that would have otherwise been recorded by our acquired businesses as independent entities but were not recognized in our condensed consolidated statements of operations for the periods presented due to business combination accounting requirements.

EARNINGS PER SHARE

EARNINGS PER SHARE	9 Months Ended
	Feb. 29, 2016
Earnings Per Share [Abstract]
EARNINGS PER SHARE	12. EARNINGS PER SHARE Basic earnings per share is computed by dividing net income for the period by the weighted average number of common shares outstanding during the period. Diluted earnings per share is computed by dividing net income for the period by the weighted average number of common shares outstanding during the period, plus the dilutive effect of outstanding stock options, restricted stock-based awards and shares issuable under the employee stock purchase plan using the treasury stock method. The following table sets forth the computation of basic and diluted earnings per share: Three Months Ended Nine Months Ended (in millions, except per share data) February 29, February 28, February 29, February 28, 2016 2015 2016 2015 Net income $ 2,142 $ 2,495 $ 6,087 $ 7,181 Weighted average common shares outstanding 4,182 4,389 4,246 4,419 Dilutive effect of employee stock plans 74 105 82 97 Dilutive weighted average common shares outstanding 4,256 4,494 4,328 4,516 Basic earnings per share $ 0.51 $ 0.57 $ 1.43 $ 1.63 Diluted earnings per share $ 0.50 $ 0.56 $ 1.41 $ 1.59 Shares subject to anti-dilutive stock options and restricted stock-based awards excluded from calculation (1) 67 39 62 36 ______________________ (1) These weighted shares relate to anti-dilutive stock options and restricted stock-based awards as calculated using the treasury stock method and could be dilutive in the future.

LEGAL PROCEEDINGS

LEGAL PROCEEDINGS	9 Months Ended
	Feb. 29, 2016
Legal Proceedings [Abstract]
LEGAL PROCEEDINGS	13. LEGAL PROCEEDINGS Hewlett-Packard Company Litigation On June 15, 2011, Hewlett-Packard Company (HP) filed a complaint in the California Superior Court, County of Santa Clara against Oracle Corporation alleging numerous causes of action including breach of contract, breach of the covenant of good faith and fair dealing, defamation, intentional interference with prospective economic advantage, and violation of the California Unfair Business Practices Act. The complaint alleged that when Oracle announced on March 22 and 23, 2011 that it would no longer develop future versions of its software to run on HP’s Itanium-based servers, it breached a settlement agreement signed on September 20, 2010 between HP and Mark Hurd (the Hurd Settlement Agreement), who was both HP’s former chief executive officer and chairman of HP’s board of directors. HP sought a judicial declaration of the parties’ rights and obligations under the Hurd Settlement Agreement, and other equitable and monetary relief. Oracle answered the complaint and filed a cross-complaint, which was amended on December 2, 2011. The amended cross-complaint alleged claims including violation of the Lanham Act. Oracle alleged that HP had secretly agreed to pay Intel to continue to develop and manufacture the Itanium microprocessor, and had misrepresented to customers that the Itanium microprocessor had a long roadmap, among other claims. Oracle sought equitable rescission of the Hurd Settlement Agreement, and other equitable and monetary relief. The court bifurcated the trial and tried HP’s causes of action for declaratory relief and promissory estoppel without a jury in June 2012. The court issued a final statement of decision on August 28, 2012, finding that the Hurd Settlement Agreement required Oracle to continue to develop certain of its software products for use on HP’s Itanium-based servers and to port such products at no cost to HP for as long as HP sells those servers. Oracle has announced that it is appealing this decision. The issues of breach, HP’s performance, causation and damages, HP’s tort claims, and Oracle’s cross-claims will all be tried before a jury. As of April 8, 2013, the trial was stayed pending Oracle’s appeal of the court’s denial of its anti-SLAPP motion. On August 27, 2015, the Court of Appeal affirmed the trial court’s denial of Oracle’s anti-SLAPP motion. The Court of Appeal’s decision became final on September 26, 2015. The matter was remanded to the trial court for further proceedings and trial, which is set to begin on May 23, 2016. We cannot currently estimate a reasonably possible range of loss for this action. We believe that we have meritorious defenses against this action, and we will continue to vigorously defend it. State of Oregon Litigation On August 22, 2014, the Attorney General for the State of Oregon, the State of Oregon, and the Oregon Health Insurance Exchange Corporation, doing business as Cover Oregon (Cover Oregon), filed a lawsuit in the Circuit Court of the State of Oregon for the County of Marion against Oracle, our then-President and Chief Financial Officer, three current and two former Oracle employees, and Mythics, Inc. The complaint alleges claims related to the work Oracle performed on Oregon’s healthcare exchange website and Oregon’s system for delivering health and human services to low-income residents. Thereafter, Cover Oregon was dissolved, and the Oregon Department of Consumer and Business Services (the DCBS) continued to assert Cover Oregon’s claims. Also, one of the former Oracle employees was dismissed from the lawsuit. A First Amended Complaint was filed on August 10, 2015. The complaint alleges claims against Oracle for fraud, violations of Oregon’s False Claims Act, breach of contract, and violations of the Oregon Civil Racketeer Influenced and Corrupt Organizations Act, and alleges a violation of Oregon’s False Claims Act against each of the individuals. The complaint seeks monetary damages, statutory penalties, attorneys’ fees and costs, and a permanent injunction prohibiting Oracle from marketing to or entering into a contract with any public corporation or agency of the State of Oregon. Specifically, the complaint alleges that Oracle committed fraud by making false statements about the capabilities and functionality of its products and about the amount of time and effort it would take Oracle’s consulting and managed cloud services operations to perform the requested work. It also alleges that Oracle breached the contracts by failing to provide what was required under the contracts and failing to perform the services in a professional manner consistent with industry standards. The complaint alleges that Oracle violated Oregon’s False Claims Act by making false statements in order to obtain payment of invoices and by presenting invoices for payment that were false. The claims for violation of Oregon’s Civil Racketeer Influenced and Corrupt Organizations Act allege that Oracle violated the statute by making false statements in writing about the capabilities of Oracle’s products and the functionality and readiness of the healthcare exchange website, by using those false statements to obtain the signatures necessary to secure the contracts, execute documents, and enable payment, and by using the wires to transmit documents containing the allegedly false statements. The claims against the individuals allege that one former employee violated Oregon’s False Claims Act by making false statements that fraudulently induced the State of Oregon to enter into its contracts with Oracle, and that the other four employees violated the statute by making false statements in order to get invoices paid. Oracle responded to the original complaint on December 2, 2014, and filed a response to the First Amended Complaint on August 20, 2015. Oracle denied all claims and allegations and filed counterclaims against the DCBS for breach of contract, quantum meruit (a claim requesting payment for the value of services provided), and breach of the implied covenant of good faith and fair dealing. The court granted the State of Oregon’s motion to dismiss Oracle’s claims for breach of contract and the breach of the implied covenant of good faith and fair dealing. On October 26, 2015, Oracle filed its amended response to Plaintiffs’ First Amended Complaint and alleged counterclaims against the DCBS for breach of contract, breach of the implied covenant of good faith and fair dealing, breach of implied-in-fact contract, quantum meruit , and promissory estoppel (a claim seeking to enforce promises that Oracle relied upon in providing services). The State of Oregon filed a motion to dismiss all counterclaims except the causes of action for quantum meruit and promissory estoppel, and on February 5, 2016 the court granted that motion and dismissed with prejudice Oracle’s claims for breach of contract, breach of the implied covenant of good faith and fair dealing and breach of implied-in-fact contract. Oracle seeks monetary damages to compensate it for the value of unpaid services and its attorneys’ fees and costs. Trial is set to begin on January 10, 2017. We cannot currently estimate a reasonably possible range of loss for this action. We believe that we have meritorious defenses against this action, and we will continue to vigorously defend it. On August 8, 2014, Oracle filed a lawsuit in the U.S. District Court, for the District of Oregon in Portland against Cover Oregon. The complaint alleged claims for breach of contract and quantum meruit and sought monetary damages to compensate Oracle for the value of unpaid services. On September 8, 2014, Oracle filed a First Amended Complaint adding two State of Oregon agencies as defendants and adding causes of action for copyright infringement and breach of the implied covenant of good faith and fair dealing. On January 27, 2015, Oracle filed a Second Amended Complaint. Cover Oregon, now the DCBS, is a defendant as to all causes of action; the other state agencies are defendants to the cause of action for copyright infringement. In addition to monetary damages, Oracle seeks an injunction prohibiting infringement of its copyrights. All defendants moved for judgment in their favor, claiming that the state entities have sovereign immunity (that is, they cannot be sued in federal court). On November 18, 2015, the court ruled on the motions, holding that two state agencies (Oregon Health Authority and Oregon Department of Human Services) do not have sovereign immunity, but that the DCBS does have sovereign immunity. On December 9 and 17, 2015, Oracle and the Oregon parties each filed notices of appeal from that decision. The Ninth Circuit Court of Appeals has coordinated the two matters, and briefing will begin in late April 2016. On November 12, 2015, Oracle filed a lawsuit in the Circuit Court of the State of Oregon for the County of Marion against Oregon’s Governor, Kate Brown, in her official capacity. Oracle filed a First Amended Complaint on January 15, 2016. In this lawsuit, Oracle alleges violations of Oregon’s Public Records Law and seeks a court order declaring that Governor Brown has violated Oregon’s Public Records Law and compelling compliance with that law. The Governor has moved to dismiss the complaint. On January 21, 2016, Oracle filed a lawsuit in the Circuit Court of the State of Oregon for the County of Marion against the State of Oregon, by and through Governor Kate Brown, Attorney General Ellen Rosenblum, and three state agencies. In this lawsuit, Oracle seeks to enforce an October 2015 oral agreement to resolve all pending litigation between Oracle and the State of Oregon. The State of Oregon has moved to dismiss the complaint. On March 8, 2016, Oracle filed a Complaint for a Writ of Mandamus in the U.S. District Court for the District of Columbia against Sylvia Burwell, Secretary, U.S. Department of Health and Human Services, in her official capacity. In this lawsuit, Oracle alleges that, as to the State of Oregon and the Oregon Health Insurance Exchange, the Secretary failed to exercise her mandatory oversight duties under the Affordable Care Act to monitor the integrity and performance of states and state health insurance exchanges that receive federal funds. Oracle seeks an order requiring the Secretary to exercise that mandatory duty and (1) direct the State of Oregon to stay or dismiss its lawsuit against Oracle, and (2) monitor and investigate all work Oregon and its subgrantees and contractors, including Oracle, did on the health insurance exchange project to determine what liabilities involving federal funds, if any, have arisen from it. Other Litigation We are party to various other legal proceedings and claims, either asserted or unasserted, which arise in the ordinary course of business, including proceedings and claims that relate to acquisitions we have completed or to companies we have acquired or are attempting to acquire. While the outcome of these matters cannot be predicted with certainty, we do not believe that the outcome of any of these matters, individually or in the aggregate, will result in losses that are materially in excess of amounts already recognized, if any.

ACCOUNTING POLICIES (Policy)

ACCOUNTING POLICIES (Policy)	9 Months Ended
	Feb. 29, 2016
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation We have prepared the condensed consolidated financial statements included herein pursuant to the rules and regulations of the U.S. Securities and Exchange Commission (SEC). Certain information and footnote disclosures normally included in financial statements prepared in accordance with U.S. generally accepted accounting principles (U.S. GAAP) have been condensed or omitted pursuant to such rules and regulations. However, we believe that the disclosures herein are adequate to ensure the information presented is not misleading. These unaudited condensed consolidated financial statements should be read in conjunction with the audited financial statements and the notes thereto included in our Annual Report on Form 10-K for the fiscal year ended May 31, 2015. We believe that all necessary adjustments, which consisted only of normal recurring items, have been included in the accompanying financial statements to present fairly the results of the interim periods. The results of operations for the interim periods presented are not necessarily indicative of the operating results to be expected for any subsequent interim period or for our fiscal year ending May 31, 2016. Certain prior year balances have been reclassified to conform to the current year presentation. Such reclassifications did not affect total revenues, operating income or net income. During the first nine months of fiscal 2016, we adopted Accounting Standards Update (ASU) 2015-17, Income Taxes (Topic 740): Balance Sheet Classification of Deferred Taxes (ASU 2015-17) on a retrospective basis. As required by ASU 2015-17, all deferred tax assets and liabilities are classified as non-current in our consolidated balance sheets, which is a change from our historical presentation whereby certain of our deferred tax assets and liabilities were classified as current and the remainder were classified as non-current. Upon adoption of ASU 2015-17, current deferred tax assets of $663 million and current deferred tax liabilities of $85 million in our May 31, 2015 consolidated balance sheet were reclassified as non-current. In addition, during the first nine months of fiscal 2016, we also adopted ASU 2015-16, Business Combinations (Topic 805): Simplifying the Accounting for Measurement-Period Adjustments , ASU 2015-15, Interest—Imputation of Interest (Subtopic 835-30): Presentation and Subsequent Measurement of Debt Issuance Costs Associated with Line-of-Credit Arrangements—Amendments to SEC Paragraphs Pursuant to Staff Announcement at June 18, 2015 EITF Meeting , ASU 2015-11, Inventory (Topic 330): Simplifying the Measurement of Inventory , and ASU 2015-05, Intangibles—Goodwill and Other—Internal-Use Software (Subtopic 350-40): Customer’s Accounting for Fees Paid in a Cloud Computing Arrangement , none of which had a material impact on our reported financial position or results of operations and cash flows. There have been no other significant changes in our reported financial position or results of operations and cash flows as a result of the adoption of new accounting pronouncements or to our significant accounting policies that were disclosed in our Annual Report on Form 10-K for the fiscal year ended May 31, 201 5 that have had a significant impact on our consolidated financial statements or notes thereto.
Recent Accounting Pronouncements	Recent Accounting Pronouncements Derivatives and Hedging: In March 2016, the Financial Accounting Standards Board (FASB) issued ASU 2016-05, Derivatives and Hedging (Topic 815): Effect of Derivative Contract Novations on Existing Hedge Accounting Relationships (ASU 2016-05) and ASU 2016-06, Derivatives and Hedging (Topic 815): Contingent Put and Call Options in Debt Instruments (ASU 2016-06). ASU 2016-05 clarifies that a change in the counterparty to a derivative instrument that has been designated as a hedging instrument does not, in and of itself, require dedesignation of that hedging relationship provided that all other hedge accounting criteria continue to be met. ASU 2016-06 clarifies the steps required to determine bifurcation of an embedded derivative. ASU 2016-05 and ASU 2016-06 are effective for us in our first quarter of fiscal 2018 and earlier adoption is permitted. We are currently evaluating the impact of our pending adoptions of ASU 2016-05 and ASU 2016-06 on our consolidated financial statements. Leases: In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842) (ASU 2016-02). ASU 2016-02 requires companies to generally recognize on the balance sheet operating and financing lease liabilities and corresponding right-of-use assets. ASU 2016-02 is effective for us in our first quarter of fiscal 2020 on a modified retrospective basis and earlier adoption is permitted. We are currently evaluating the impact of our pending adoption of ASU 2016-02 on our consolidated financial statements and we currently expect that most of our operating lease commitments will be subject to the new standard and recognized as operating lease liabilities and right-of-use assets upon our adoption of ASU 2016-02. Financial Instruments: In January 2016, the FASB issued ASU 2016-01, Financial Instruments —Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities (ASU 2016-01), which addresses certain aspects of recognition, measurement, presentation, and disclosure of financial instruments. ASU 2016-01 is effective for us in our first quarter of fiscal 2019 and earlier adoption is not permitted. We are currently evaluating the impact of our pending adoption of ASU 2016-01 on our consolidated financial statements. Revenue Recognition: In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers: Topic 606 (ASU 2014-09), to s upersede nearly all existing revenue recognition guidance under U.S. GAAP. The core principle of ASU 2014-09 is to recognize revenues when promised goods or services are transferred to customers in an amount that reflects the consideration that is expected to be received for those goods or services. ASU 2014-09 defines a five step process to achieve this core principle and, in doing so, it is possible more judgment and estimates may be required within the revenue recognition process than are required under existing U.S. GAAP, including identifying performance obligations in the contract, estimating the amount of variable consideration to include in the transaction price and allocating the transaction price to each separate performance obligation, among others. The original effective date of ASU 2014-09 would have required us to adopt the standard in our first quarter of fiscal 2018. In August 2015, the FASB issued ASU 2015-14, Revenue from Contracts with Customers (Topic 606): Deferral of the Effective Date (ASU 2015-14), which defers the effective date by one year while providing the option to early adopt the standard on the original effective date. Accordingly, we may adopt the standard either in our first quarter of fiscal 2018 or our first quarter of fiscal 2019 using either of two methods: (i) retrospective application of ASU 2014-09 to each prior reporting period presented with the option to elect certain practical expedients as defined within ASU 2014-09; or (ii) retrospective application of ASU 2014-09 with the cumulative effect of initially applying ASU 2014-09 recognized at the date of initial application and providing certain additional disclosures as defined per ASU 2014-09. We are currently evaluating the timing and the impact of our pending adoption of ASU 2014-09 on our consolidated financial statements.

BASIS OF PRESENTATION AND REC21

BASIS OF PRESENTATION AND RECENT ACCOUNTING PRONOUNCEMENTS (Tables)	9 Months Ended
	Feb. 29, 2016
Basis of Presentation and Recent Accounting Pronouncements [Abstract]
Acquisition Related and Other Expenses	Three Months Ended Nine Months Ended (in millions) February 29, 2016 February 28, 2015 February 29, 2016 February 28, 2015 Transitional and other employee related costs $ 8 $ 14 $ 40 $ 46 Stock-based compensation — 1 3 5 Professional fees and other, net 1 (7) 10 (39) Business combination adjustments, net 2 — (18) — Total acquisition related and other expenses $ 11 $ 8 $ 35 $ 12
Non-Operating Income, net	Three Months Ended Nine Months Ended (in millions) February 29, 2016 February 28, 2015 February 29, 2016 February 28, 2015 Interest income $ 141 $ 82 $ 382 $ 250 Foreign currency losses, net (15) (32) (68) (105) Noncontrolling interests in income (36) (17) (95) (100) Other (loss) income, net (25) 7 (40) 20 Total non-operating income, net $ 65 $ 40 $ 179 $ 65

ACQUISITIONS (Tables)

ACQUISITIONS (Tables)	9 Months Ended
	Feb. 29, 2016
Acquisitions [Abstract]
Fair Values of Net Assets Acquired from MICROS	(in millions) Cash and cash equivalents $ 683 Trade receivables, net 181 Inventories 28 Goodwill 3,242 Intangible assets 2,030 Other assets 155 Accounts payable and other liabilities (359) Deferred tax liabilities, net (536) Deferred revenues (177) Total $ 5,247
Unaudited Pro Forma Financial Information	Three Months Ended Nine Months Ended (in millions, except per share data) February 29, 2016 February 28, 2015 February 29, 2016 February 28, 2015 Total revenues $ 9,017 $ 9,364 $ 24,486 $ 28,045 Net income $ 2,137 $ 2,455 $ 6,078 $ 7,114 Basic earnings per share $ 0.51 $ 0.56 $ 1.43 $ 1.61 Diluted earnings per share $ 0.50 $ 0.55 $ 1.40 $ 1.58

FAIR VALUE MEASUREMENTS (Tables

FAIR VALUE MEASUREMENTS (Tables)	9 Months Ended
	Feb. 29, 2016
Fair Value Measurements [Abstract]
Assets and Liabilities Measured at Fair Value on a Recurring Basis	February 29, 2016 May 31, 2015 Fair Value Measurements Fair Value Measurements (in millions) Level 1 Level 2 Total Level 1 Level 2 Total Assets: U.S. Treasury securities $ 115 $ — $ 115 $ 668 $ — $ 668 Commercial paper debt securities — 2,609 2,609 — 9,203 9,203 Corporate debt securities and other 192 34,535 34,727 190 28,654 28,844 Derivative financial instruments — 164 164 — 74 74 Total assets $ 307 $ 37,308 $ 37,615 $ 858 $ 37,931 $ 38,789 Liabilities: Derivative financial instruments $ — $ 260 $ 260 $ — $ 244 $ 244

INVENTORIES (Tables)

INVENTORIES (Tables)	9 Months Ended
	Feb. 29, 2016
Inventories [Abstract]
Inventories	(in millions) February 29, 2016 May 31, 2015 Raw materials $ 102 $ 112 Work-in-process 23 38 Finished goods 87 164 Total $ 212 $ 314

INTANGIBLE ASSETS AND GOODWILL

INTANGIBLE ASSETS AND GOODWILL (Tables)	9 Months Ended
	Feb. 29, 2016
Intangible Assets and Goodwill [Abstract]
Intangible Assets	Intangible Assets, Gross Accumulated Amortization Intangible Assets, Net Weighted (Dollars in millions) May 31, Additions February 29, 2016 May 31, Expense February 29, 2016 May 31, February 29, 2016 Average Useful Life (1) Software support agreements and related relationships $ 4,190 $ — $ 4,190 $ (2,700) $ (297) $ (2,997) $ 1,490 $ 1,193 N.A. Hardware support agreements and related relationships 1,012 — 1,012 (654) (109) (763) 358 249 N.A. Developed technology 4,602 55 4,657 (2,355) (427) (2,782) 2,247 1,875 5 years Core technology 552 — 552 (411) (70) (481) 141 71 N.A. Customer relationships and contract backlog 2,197 8 2,205 (1,710) (177) (1,887) 487 318 3 years SaaS, PaaS and IaaS agreements and related relationships and other 1,993 57 2,050 (508) (160) (668) 1,485 1,382 10 years Trademarks 501 6 507 (303) (43) (346) 198 161 5 years Total intangible assets, net $ 15,047 $ 126 $ 15,173 $ (8,641) $ (1,283) $ (9,924) $ 6,406 $ 5,249 7 years __________ (1) Represents weighted average useful lives of intangible assets acquired during fiscal 2016.
Estimated Future Amortization Expenses Related to Intangible Assets	Remainder of fiscal 2016 $ 353 Fiscal 2017 1,016 Fiscal 2018 867 Fiscal 2019 760 Fiscal 2020 615 Fiscal 2021 470 Thereafter 1,168 Total intangible assets, net $ 5,249
Goodwill	(in millions) Software Consulting Other (2) Total Cloud License Software and Updates and On-Premise Product Hardware Software Support Support Balances as of May 31, 2015 $ 15,217 $ 14,461 $ 2,370 $ 1,759 $ 280 $ 34,087 Goodwill from acquisitions 211 — — — — 211 Goodwill adjustments, net (1) 12 (21) (3) — (2) (14) Balances as of February 29, 2016 $ 15,440 $ 14,440 $ 2,367 $ 1,759 $ 278 $ 34,284 _______________ (1) Pursuant to our business combinations accounting policy, we recorded goodwill adjustments for the effects on goodwill of changes to net assets acquired during the period that such a change is identified, provided that any such change is within the measurement period (up to one year from the date of the acquisition). (2) Represents goodwill allocated to our other operating segments.

RESTRUCTURING ACTIVITIES (Table

RESTRUCTURING ACTIVITIES (Tables)	9 Months Ended
	Feb. 29, 2016
Restructuring Activities [Abstract]
Summary of All Plans	Total Total Accrued Nine Months Ended February 29, 2016 Accrued Costs Expected May 31, Initial Adj. to Cash February 29, Accrued Program (in millions) 2015 (2) Costs (3) Cost (4) Payments Others (5) 2016 (2) to Date Costs Fiscal 2015 Oracle Restructuring Plan (1) Cloud software and on-premise software $ 11 $ 59 $ (6) $ (51) $ 2 $ 15 $ 80 $ 93 Software license updates and product support 5 118 (1) (35) — 87 124 175 Hardware business 6 46 (6) (32) 2 16 60 64 Services business 9 28 (4) (25) — 8 45 85 General and administrative and other 5 64 2 (42) (2) 27 91 108 Total Fiscal 2015 Oracle Restructuring Plan $ 36 $ 315 $ (15) $ (185) $ 2 $ 153 $ 400 $ 525 Total other restructuring plans (6) $ 84 $ 1 $ (8) $ (21) $ (8) $ 48 Total restructuring plans $ 120 $ 316 $ (23) $ (206) $ (6) $ 201 _____________________ (1) Restructuring costs recorded for individual line items primarily related to employee severance costs. (2) The balances at February 29, 2016 and May 31, 2015 included $173 million and $86 million, respectively, recorded in other current liabilities, and $28 million and $34 million, respectively, recorded in other non-current liabilities. (3) Costs recorded for the respective restructuring plans during the current period presented. (4) All plan adjustments were changes in estimates whereby increases and decreases in costs were generally recorded to operating expenses in the period of adjustments. (5) Represents foreign currency translation and certain other adjustments. (6) Other restructuring plans presented in the table above included condensed information for other Oracle-based plans and other plans associated with certain of our acquisitions whereby we continued to make cash outlays to settle obligations under these plans during the period presented but for which the current impact to our condensed consolidated statements of operations was not significant.

DEFERRED REVENUES (Tables)

DEFERRED REVENUES (Tables)	9 Months Ended
	Feb. 29, 2016
Deferred Revenues [Abstract]
Deferred Revenues	(in millions) February 29, 2016 May 31, 2015 Software license updates and product support $ 5,239 $ 5,635 Cloud SaaS, PaaS and IaaS 642 404 Hardware support and other 618 703 Services 322 379 New software licenses 91 124 Deferred revenues, current 6,912 7,245 Deferred revenues, non-current (in other non-current liabilities) 485 393 Total deferred revenues $ 7,397 $ 7,638

DERIVATIVE FINANCIAL INSTRUME28

DERIVATIVE FINANCIAL INSTRUMENTS (Tables)	9 Months Ended
	Feb. 29, 2016
Derivative Instrument Detail [Abstract]
Fair Values of Derivative and Non-Derivative Instruments Designated as Hedges in Condensed Consolidated Balance Sheets	Fair Value (in millions) Balance Sheet Location February 29, May 31, 2016 2015 Interest rate swap agreements designated as fair value hedges Other assets $ 164 $ 74 Cross-currency swap agreements designated as cash flow hedges Other non-current liabilities $ (260) $ (244) Foreign currency borrowings designated as net investment hedge Notes payable, non-current $ (969) $ (981)
Effects of Derivative and Non-Derivative Instruments Designated as Hedges on Income and Other Comprehensive Income (OCI) or Loss (OCL)	Amount of Gain (Loss) Recognized in Accumulated OCI or OCL (Effective Portion) Location and Amount of Gain (Loss) Reclassified from Three Months Ended Nine Months Ended Three Months Ended Nine Months Ended (in millions) February 29, February 28, February 29, February 28, February 29, February 28, February 29, February 28, 2016 2015 2016 2015 2016 2015 2016 2015 Cross-currency swap agreements designated as cash flow hedges $ 29 $ (164) $ (16) $ (277) Non-operating income, net $ 52 $ (134) $ 21 $ (283) Foreign currency borrowings designated as net investment hedge $ (31) $ 80 $ ( 13 ) $ 169 Not applicable $ — $ — $ — $ — Location and Amount of Gain Location and Amount of Loss on Hedged Item Recognized in Income Attributable to Risk Being Hedged Three Months Ended Nine Months Ended Three Months Ended Nine Months Ended (in millions) February 29, February 28, February 29, February 28, February 29, February 28, February 29, February 28, 2016 2015 2016 2015 2016 2015 2016 2015 Interest rate swap agreements Interest expense $ 76 $ 15 $ 90 $ 37 Interest expense $ (76) $ (15) $ (90) $ (37) designated as fair value hedges

STOCKHOLDERS' EQUITY (Tables)

STOCKHOLDERS' EQUITY (Tables)	9 Months Ended
	Feb. 29, 2016
Stockholders' Equity [Abstract]
Stock-Based Compensation Expense	Three Months Ended Nine Months Ended (in millions) February 29, February 28, February 29, February 28, 2016 2015 2016 2015 Sales and marketing $ 57 $ 45 $ 163 $ 131 Cloud software as a service and platform as a service 4 3 13 8 Cloud infrastructure as a service 1 1 3 3 Software license updates and product support 6 6 18 15 Hardware products 1 1 4 4 Hardware support 1 2 4 4 Services 7 8 22 23 Research and development 154 138 452 380 General and administrative 29 29 86 116 Acquisition related and other — 1 3 5 Total stock-based compensation $ 260 $ 234 $ 768 $ 689

SEGMENT INFORMATION (Tables)

SEGMENT INFORMATION (Tables)	9 Months Ended
	Feb. 29, 2016
Segment Information [Abstract]
Summary of Businesses and Operating Segments Results	Three Months Ended Nine Months Ended (in millions) February 29, February 28, February 29, February 28, 2016 2015 2016 2015 Cloud software and on-premise software: Revenues (1) $ 2,265 $ 2,356 $ 6,030 $ 6,469 Cloud software as a service and platform as a service expenses 284 195 822 494 Sales and distribution expenses 1,469 1,390 4,224 4,106 Margin (2) $ 512 $ 771 $ 984 $ 1,869 Cloud infrastructure as a service: Revenues $ 152 $ 155 $ 477 $ 448 Cloud infrastructure as a service expenses 84 84 256 242 Sales and distribution expenses 17 25 54 65 Margin (2) $ 51 $ 46 $ 167 $ 141 Software license updates and product support: Revenues (1) $ 4,669 $ 4,664 $ 14,049 $ 14,170 Software license updates and product support expenses 276 281 823 820 Margin (2) $ 4,393 $ 4,383 $ 13,226 $ 13,350 Total cloud and on-premise software business: Revenues (1) $ 7,086 $ 7,175 $ 20,556 $ 21,087 Expenses 2,130 1,975 6,179 5,727 Margin (2) $ 4,956 $ 5,200 $ 14,377 $ 15,360 Hardware products: Revenues $ 604 $ 712 $ 1,746 $ 2,007 Hardware products expenses 337 366 963 1,030 Sales and distribution expenses 197 211 614 632 Margin (2) $ 70 $ 135 $ 169 $ 345 Hardware support: Revenues (1) $ 531 $ 588 $ 1,640 $ 1,794 Hardware support expenses 165 209 504 602 Margin (2) $ 366 $ 379 $ 1,136 $ 1,192 Total hardware business: Revenues (1) $ 1,135 $ 1,300 $ 3,386 $ 3,801 Expenses 699 786 2,081 2,264 Margin (2) $ 436 $ 514 $ 1,305 $ 1,537 Total services business: Revenues (1) $ 793 $ 859 $ 2,519 $ 2,653 Services expenses 630 694 1,976 2,097 Margin (2) $ 163 $ 165 $ 543 $ 556 Totals: Revenues (1) $ 9,014 $ 9,334 $ 26,461 $ 27,541 Expenses 3,459 3,455 10,236 10,088 Margin (2) $ 5,555 $ 5,879 $ 16,225 $ 17,453 ______________________ (1) Cloud software and on-premise software, software license updates and product support and hardware support revenues for management reporting included revenues related to cloud SaaS and PaaS, s oftware support and hardware support contracts that would have otherwise been recorded by the acquired businesses as independent entities but were not recognized in our condensed consolidated statements of operations for the periods presented . See Note 7 for an explanation of these adjustments and the table below for a reconciliation of our total operating segment revenues to our total revenues as reported in our condensed consolidated statements of operations. Our cloud software and on-premise software and services revenues for management reporting also differ from amounts reported per our consolidated statements of operations for the periods presented due to certain insignificant reclassifications between these lines for management reporting purposes. (2) The margins reported reflect only the direct controllable costs of each line of business and do not include allocations of product development, marketing and partner programs, and corporate, general and administrative and information technology expenses. Additionally, the margins reported do not reflect amortization of intangible assets, acquisition related and other expenses, restructuring expenses, stock-based compensation, interest expense or certain other income (expense), net.
Reconciliation of Total Operating Segment Revenues to Total Revenues	Three Months Ended Nine Months Ended (in millions) February 29, February 28, 2015 February 29, 2016 February 28, 2015 2016 Total revenues for operating segments $ 9,014 $ 9,334 $ 26,461 $ 27,541 Cloud software as a service and platform as a service revenues (1) (2) (3) (6) (9) Software license updates and product support revenues (1) — (3) (1) (9) Hardware support revenues (1) — (1) (1) (3) Total revenues $ 9,012 $ 9,327 $ 26,453 $ 27,520
Reconciliation of Total Operating Segment Margin to Income before Provision for Income Taxes	Total margin for operating segments $ 5,555 $ 5,879 $ 16,225 $ 17,453 Cloud software as a service and platform as a service revenues (1) (2) (3) (6) (9) Software license updates and product support revenues (1) — (3) (1) (9) Hardware support revenues (1) — (1) (1) (3) Product development (1,219) (1,180) (3,652) (3,562) Marketing and partner program expenses (110) (116) (356) (370) Corporate, general and administrative and information technology expenses (403) (377) (1,197) (1,105) Amortization of intangible assets (408) (527) (1,283) (1,642) Acquisition related and other (11) (8) (35) (12) Restructuring (115) (48) (293) (168) Stock-based compensation (260) (233) (765) (684) Interest expense (360) (273) (1,105) (817) Non-operating income, net 65 40 179 65 Income before provision for income taxes $ 2,732 $ 3,150 $ 7,710 $ 9,137 ______________________ (1) Cloud software as a service and platform as a service revenues, software license updates and product support revenues and hardware support revenues for management reporting included revenues that would have otherwise been recorded by our acquired businesses as independent entities but were not recognized in our condensed consolidated statements of operations for the periods presented due to business combination accounting requirements.

EARNINGS PER SHARE (Tables)

EARNINGS PER SHARE (Tables)	9 Months Ended
	Feb. 29, 2016
Earnings Per Share [Abstract]
Earnings Per Share	Three Months Ended Nine Months Ended (in millions, except per share data) February 29, February 28, February 29, February 28, 2016 2015 2016 2015 Net income $ 2,142 $ 2,495 $ 6,087 $ 7,181 Weighted average common shares outstanding 4,182 4,389 4,246 4,419 Dilutive effect of employee stock plans 74 105 82 97 Dilutive weighted average common shares outstanding 4,256 4,494 4,328 4,516 Basic earnings per share $ 0.51 $ 0.57 $ 1.43 $ 1.63 Diluted earnings per share $ 0.50 $ 0.56 $ 1.41 $ 1.59 Shares subject to anti-dilutive stock options and restricted stock-based awards excluded from calculation (1) 67 39 62 36 ______________________ (1) These weighted shares relate to anti-dilutive stock options and restricted stock-based awards as calculated using the treasury stock method and could be dilutive in the future.

BASIS OF PRESENTATION AND REC32

BASIS OF PRESENTATION AND RECENT ACCOUNTING PRONOUNCEMENTS (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Feb. 29, 2016	Feb. 28, 2015	Feb. 29, 2016	Feb. 28, 2015	May. 31, 2015
Acquisition Related and Other Expenses [Abstract]
Transitional and other employee related costs	$ 8	$ 14	$ 40	$ 46
Stock-based compensation		1	3	5
Professional fees and other, net	1	(7)	10	(39)
Business combination adjustments, net	2		(18)
Total acquisition related and other expenses	11	8	35	12
Benefit related to certain litigation				53
Acquisiiton related benefit			19
Non-Operating Income, net [Abstract]
Interest income	141	82	382	250
Foreign currency losses, net	(15)	(32)	(68)	(105)
Noncontrolling interests in income	(36)	(17)	(95)	(100)
Other (loss) income, net	(25)	7	(40)	20
Total non-operating income, net	65	40	179	65
Sales of Financing Receivables [Narrative] [Abstract]
Sales of financing receivables	$ 304	$ 415	$ 1,500	$ 1,300
ASU 2015-17 [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Current deferred tax assets					$ 663
Current deferred tax liabilities					$ 85

ACQUISITIONS (Details)

ACQUISITIONS (Details) - USD ($) $ / shares in Units, $ in Millions	1 Months Ended	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2014	Feb. 29, 2016	Feb. 28, 2015	Feb. 29, 2016	Feb. 28, 2015	May. 31, 2015	Sep. 08, 2014	Jul. 03, 2014
Acquisitions [Line Items]
Fair value of stock options and restricted stock-based awards assumed					$ 12
Goodwill		$ 34,284		$ 34,284		$ 34,087
Acquisitions Proforma [Abstract]
Total revenues		9,017	$ 9,364	26,486	28,045
Net income		$ 2,137	$ 2,455	$ 6,078	$ 7,114
Basic earnings per share (in dollars per share)		$ 0.51	$ 0.56	$ 1.43	$ 1.61
Diluted earnings per share (in dollars per share)		$ 0.50	$ 0.55	$ 1.40	$ 1.58
Fiscal 2016 Acquisitions [Member]
Acquisitions [Line Items]
Materiality of acquisitions				These acquisitions were not significant individually or in the aggregate.
MICROS Systems, Inc. [Member]
Acquisitions [Line Items]
Merger agreement date				Jun. 22, 2014
Total purchase price	$ 5,247
Cash and cash equivalents							$ 683
Trade receivables, net							181
Inventories							28
Goodwill							3,242
Intangible assets							2,030
Other assets							155
Accounts payable and other liabilities							(359)
Deferred tax liabilities, net							(536)
Deferred revenues							$ (177)
Business acquisition per share price							$ 68	$ 68
Business combination reason				We acquired MICROS to, among other things, expand our cloud and on-premise software, hardware and related services offerings for hotels, food and beverage industries, facilities, and retailers.
Other Fiscal 2015 Acquisitions [Member]
Acquisitions [Line Items]
Total purchase price						1,700
Cash portion of purchase price						1,700
Fair value of stock options and restricted stock-based awards assumed						7
Goodwill						1,400
Intangible assets						388
Net tangible liabilities assumed						$ 6

FAIR VALUE MEASUREMENTS (Detail

FAIR VALUE MEASUREMENTS (Details) - USD ($) $ in Millions	9 Months Ended
	Feb. 29, 2016	May. 31, 2015
Assets [Abstract]
U.S. Treasury securities	$ 115	$ 668
Commercial paper debt securities	2,609	9,203
Corporate debt securities and other	34,727	28,844
Derivative financial instruments	164	74
Total assets	37,615	38,789
Liabilities [Abstract]
Derivative financial instruments	$ 260	244
Marketable security investments maturity information [Abstract]
Maturity of marketable security investments	As of February 29, 2016 and May 31, 2015, approximately 21% and 28%, respectively, of our marketable securities investments mature within one year and 79% and 72%, respectively, mature within one to six years.
Long Term Debt [Abstract]
Total debt	$ 40,100	42,000
Fair Value Measurements Using Input Types Level 1 [Member]
Assets [Abstract]
U.S. Treasury securities	115	668
Corporate debt securities and other	192	190
Total assets	307	858
Fair Value Measurements Using Input Types Level 2 [Member]
Assets [Abstract]
Commercial paper debt securities	2,609	9,203
Corporate debt securities and other	34,535	28,654
Derivative financial instruments	164	74
Total assets	37,308	37,931
Liabilities [Abstract]
Derivative financial instruments	260	244
Total debt fair value	$ 42,200	$ 44,100

INVENTORIES (Details)

INVENTORIES (Details) - USD ($) $ in Millions	Feb. 29, 2016	May. 31, 2015
Inventories [Abstract]
Raw materials	$ 102	$ 112
Work-in-process	23	38
Finished goods	87	164
Total	$ 212	$ 314

INTANGIBLE ASSETS (Details)

INTANGIBLE ASSETS (Details) - USD ($) $ in Millions		3 Months Ended		9 Months Ended
		Feb. 29, 2016	Feb. 28, 2015	Feb. 29, 2016	Feb. 28, 2015	May. 31, 2015
Total intangible assets [Line Items]
Intangible Assets, Gross		$ 15,173		$ 15,173		$ 15,047
Additions				126
Accumulated Amortization		(9,924)		(9,924)		(8,641)
Expense		(408)	$ (527)	(1,283)	$ (1,642)
Total intangible assets, net		5,249		$ 5,249		6,406
Intangible assets subject to amortization [Member]
Total intangible assets [Line Items]
Weighted Average Useful Life (in years)	[1]			7 years
Intangible assets subject to amortization [Member] | Software support agreements and related relationships [Member]
Total intangible assets [Line Items]
Intangible Assets, Gross		4,190		$ 4,190		4,190
Accumulated Amortization		(2,997)		(2,997)		(2,700)
Expense				(297)
Intangible assets subject to amortization		1,193		1,193		1,490
Intangible assets subject to amortization [Member] | Hardware support agreements and related relationships [Member]
Total intangible assets [Line Items]
Intangible Assets, Gross		1,012		1,012		1,012
Accumulated Amortization		(763)		(763)		(654)
Expense				(109)
Intangible assets subject to amortization		249		249		358
Intangible assets subject to amortization [Member] | Developed technology [Member]
Total intangible assets [Line Items]
Intangible Assets, Gross		4,657		4,657		4,602
Additions				55
Accumulated Amortization		(2,782)		(2,782)		(2,355)
Expense				(427)
Intangible assets subject to amortization		1,875		$ 1,875		2,247
Weighted Average Useful Life (in years)	[1]			5 years
Intangible assets subject to amortization [Member] | Core Technology [Member]
Total intangible assets [Line Items]
Intangible Assets, Gross		552		$ 552		552
Accumulated Amortization		(481)		(481)		(411)
Expense				(70)
Intangible assets subject to amortization		71		71		141
Intangible assets subject to amortization [Member] | Customer relationships and contract backlog [Member]
Total intangible assets [Line Items]
Intangible Assets, Gross		2,205		2,205		2,197
Additions				8
Accumulated Amortization		(1,887)		(1,887)		(1,710)
Expense				(177)
Intangible assets subject to amortization		318		$ 318		487
Weighted Average Useful Life (in years)	[1]			3 years
Intangible assets subject to amortization [Member] | SaaS, PaaS and IaaS agreements and related relationships and other [Member]
Total intangible assets [Line Items]
Intangible Assets, Gross		2,050		$ 2,050		1,993
Additions				57
Accumulated Amortization		(668)		(668)		(508)
Expense				(160)
Intangible assets subject to amortization		1,382		$ 1,382		1,485
Weighted Average Useful Life (in years)	[1]			10 years
Intangible assets subject to amortization [Member] | Trademarks [Member]
Total intangible assets [Line Items]
Intangible Assets, Gross		507		$ 507		501
Additions				6
Accumulated Amortization		(346)		(346)		(303)
Expense				(43)
Intangible assets subject to amortization		$ 161		$ 161		$ 198
Weighted Average Useful Life (in years)	[1]			5 years
[1]	Represents weighted average useful lives of intangible assets acquired during fiscal 2016.

INTANGIBLE ASSETS AMORTIZATION

INTANGIBLE ASSETS AMORTIZATION (Details) - USD ($) $ in Millions	Feb. 29, 2016	May. 31, 2015
Finite lived intangible assets future amortization expense [Abstract]
Remainder of fiscal 2016	$ 353
Fiscal 2,017	1,016
Fiscal 2,018	867
Fiscal 2,019	760
Fiscal 2,020	615
Fiscal 2,021	470
Thereafter	1,168
Total intangible assets, net	$ 5,249	$ 6,406

GOODWILL (Details)

GOODWILL (Details) $ in Millions	9 Months Ended
	Feb. 29, 2016USD ($)
Goodwill [Line Items]
Balances at period start	$ 34,087
Goodwill from acquisitions	211
Goodwill adjustments, net	(14)	[1]
Balances at period end	34,284
Cloud Software and On-premise Software [Member]
Goodwill [Line Items]
Balances at period start	15,217
Goodwill from acquisitions	211
Goodwill adjustments, net	12	[1]
Balances at period end	15,440
Software License Updates and Product Support [Member]
Goodwill [Line Items]
Balances at period start	14,461
Goodwill adjustments, net	(21)	[1]
Balances at period end	14,440
Hardware Support [Member]
Goodwill [Line Items]
Balances at period start	2,370
Goodwill adjustments, net	(3)	[1]
Balances at period end	2,367
Consulting [Member]
Goodwill [Line Items]
Balances at period start	1,759
Balances at period end	1,759
Other [Member]
Goodwill [Line Items]
Balances at period start	280	[2]
Goodwill adjustments, net	(2)	[1],[2]
Balances at period end	$ 278	[2]
[1]	Pursuant to our business combinations accounting policy, we recorded goodwill adjustments for the effects on goodwill of changes to net assets acquired during the period that such a change is identified, provided that any such change is within the measurement period (up to one year from the date of the acquisition).
[2]	Represents goodwill allocated to our other operating segments.

RESTRUCTURING ACTIVITIES (Detai

RESTRUCTURING ACTIVITIES (Details) - USD ($) $ in Millions		3 Months Ended		9 Months Ended
		Feb. 29, 2016	Feb. 28, 2015	Feb. 29, 2016	Feb. 28, 2015
Restructuring Reserve [Line Items]
Accrued at Period Start	[1]			$ 120
Initial Costs	[2]			316
Adjustments to Costs	[3]			(23)
Cash Payments				(206)
Others	[4]			(6)
Accrued at Period End	[1]	$ 201		201
Restructuring Expenses		115	$ 48	293	$ 168
Fiscal 2015 Oracle Restructuring [Member]
Restructuring Reserve [Line Items]
Accrued at Period Start	[5]			36
Initial Costs	[2],[5]			315
Adjustments to Costs	[3],[5]			(15)
Cash Payments	[5]			(185)
Others	[4],[5]			2
Accrued at Period End	[5]	153		153
Total Costs Accrued to Date	[5]	400		400
Total Expected Program Costs	[5]	525		525
Restructuring Expenses				300
Remaining Expenses to Incur		125		$ 125
Expected Completion Date				May 31, 2016
Fiscal 2015 Oracle Restructuring [Member] | Cloud software and on-premise software [Member]
Restructuring Reserve [Line Items]
Accrued at Period Start	[5]			$ 11
Initial Costs	[2],[5]			59
Adjustments to Costs	[3],[5]			(6)
Cash Payments	[5]			(51)
Others	[4],[5]			2
Accrued at Period End	[5]	15		15
Total Costs Accrued to Date	[5]	80		80
Total Expected Program Costs	[5]	93		93
Fiscal 2015 Oracle Restructuring [Member] | Software license updates and product support [Member]
Restructuring Reserve [Line Items]
Accrued at Period Start	[5]			5
Initial Costs	[2],[5]			118
Adjustments to Costs	[3],[5]			(1)
Cash Payments	[5]			(35)
Accrued at Period End	[5]	87		87
Total Costs Accrued to Date	[5]	124		124
Total Expected Program Costs	[5]	175		175
Fiscal 2015 Oracle Restructuring [Member] | Hardware business [Member]
Restructuring Reserve [Line Items]
Accrued at Period Start	[5]			6
Initial Costs	[2],[5]			46
Adjustments to Costs	[3],[5]			(6)
Cash Payments	[5]			(32)
Others	[4],[5]			2
Accrued at Period End	[5]	16		16
Total Costs Accrued to Date	[5]	60		60
Total Expected Program Costs	[5]	64		64
Fiscal 2015 Oracle Restructuring [Member] | Services business [Member]
Restructuring Reserve [Line Items]
Accrued at Period Start	[5]			9
Initial Costs	[2],[5]			28
Adjustments to Costs	[3],[5]			(4)
Cash Payments	[5]			(25)
Accrued at Period End	[5]	8		8
Total Costs Accrued to Date	[5]	45		45
Total Expected Program Costs	[5]	85		85
Fiscal 2015 Oracle Restructuring [Member] | General and administrative and other [Member]
Restructuring Reserve [Line Items]
Accrued at Period Start	[5]			5
Initial Costs	[2],[5]			64
Adjustments to Costs	[3],[5]			2
Cash Payments	[5]			(42)
Others	[4],[5]			(2)
Accrued at Period End	[5]	27		27
Total Costs Accrued to Date	[5]	91		91
Total Expected Program Costs	[5]	108		108
Other Restructuring Plans [Member]
Restructuring Reserve [Line Items]
Accrued at Period Start	[6]			84
Initial Costs	[2],[6]			1
Adjustments to Costs	[3],[6]			(8)
Cash Payments	[6]			(21)
Others	[4],[6]			(8)
Accrued at Period End	[6]	$ 48		$ 48
[1]	The balances at February 29, 2016 and May 31, 2015 included $173 million and $86 million, respectively, recorded in other current liabilities, and $28 million and $34 million, respectively, recorded in other non-current liabilities.
[2]	Costs recorded for the respective restructuring plans during the current period presented.
[3]	All plan adjustments were changes in estimates whereby increases and decreases in costs were generally recorded to operating expenses in the period of adjustments.
[4]	Represents foreign currency translation and certain other adjustments.
[5]	Restructuring costs recorded for individual line items primarily related to employee severance costs
[6]	Other restructuring plans presented in the table above included condensed information for other Oracle-based plans and other plans associated with certain of our acquisitions whereby we continued to make cash outlays to settle obligations under these plans during the period presented but for which the current impact to our condensed consolidated statements of operations was not significant

RESTRUCTURING ACTIVITIES Narrat

RESTRUCTURING ACTIVITIES Narrative (Details) - USD ($) $ in Millions	Feb. 29, 2016	May. 31, 2015
Total Restructuring Liabilities [Abstract]
Accrued restructuring liabilities, current (in other current liabilities)	$ 173	$ 86
Accrued restructuring liabilities, non-current (in other non-current liabilities)	$ 28	$ 34

DEFERRED REVENUES (Details)

DEFERRED REVENUES (Details) - USD ($) $ in Millions	Feb. 29, 2016	May. 31, 2015
Deferred Revenues [Line Items]
Deferred revenues, current	$ 6,912	$ 7,245
Deferred revenues, non-current (in other non-current liabilities)	485	393
Total deferred revenues	7,397	7,638
Software license updates and product support [Member]
Deferred Revenues [Line Items]
Deferred revenues, current	5,239	5,635
Cloud SaaS, PaaS and IaaS [Member]
Deferred Revenues [Line Items]
Deferred revenues, current	642	404
Hardware support and other [Member]
Deferred Revenues [Line Items]
Deferred revenues, current	618	703
Services [Member]
Deferred Revenues [Line Items]
Deferred revenues, current	322	379
New software licenses [Member]
Deferred Revenues [Line Items]
Deferred revenues, current	$ 91	$ 124

DERIVATIVE FINANCIAL INSTRUME42

DERIVATIVE FINANCIAL INSTRUMENTS (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Feb. 29, 2016	Feb. 28, 2015	Feb. 29, 2016	Feb. 28, 2015	May. 31, 2015
Foreign Currency Forward Contracts Not Designated as Hedges (Narrative) [Abstract]
Net gains related to forward contracts	$ 93	$ 14	$ 163	$ 49
Foreign Currency Forward Contracts Not Designated as Hedges [Member] | Forward contracts held to purchase U.S. Dollars [Member]
Foreign Currency Forward Contracts Not Designated as Hedges (Narrative) [Abstract]
Notional amounts of forward contracts	2,100		2,100		$ 2,200
Foreign Currency Forward Contracts Not Designated as Hedges [Member] | Forward contracts held to sell U.S. Dollars [Member]
Foreign Currency Forward Contracts Not Designated as Hedges (Narrative) [Abstract]
Notional amounts of forward contracts	$ 1,200		$ 1,200		$ 1,200

DERIVATIVE FINANCIAL INSTRUME43

DERIVATIVE FINANCIAL INSTRUMENTS (Details) € in Millions, $ in Millions	3 Months Ended		9 Months Ended
	Feb. 29, 2016USD ($)	Feb. 28, 2015USD ($)	Feb. 29, 2016USD ($)	Feb. 28, 2015USD ($)	May. 31, 2015USD ($)	Jul. 08, 2014USD ($)	Jul. 16, 2013USD ($)	Jul. 10, 2013EUR (€)
Fair Values of Derivative and Non-Derivative Instruments Designated as Hedges in Condensed Consolidated Balance Sheets [Abstract]
Fair value, assets	$ 164		$ 164		$ 74
Fair value, liabilities	(260)		(260)		(244)
Interest rate swap agreements [Member] | Interest expense [Member]
Effects of Derivative and Non-Derivative Instruments Designated as Hedges on Income and Other Comprehensive Income (OCI) or Loss (OCL) [Abstract]
Amount of Gain Recognized in Income on Derivative	76	$ 15	90	$ 37
Amount of Loss on Hedged Item Recognized in Income Attributable to Risk Being Hedged	(76)	(15)	(90)	(37)
Cash flow hedges [Member] | Cross-currency swap agreements [Member]
Effects of Derivative and Non-Derivative Instruments Designated as Hedges on Income and Other Comprehensive Income (OCI) or Loss (OCL) [Abstract]
Amount of Gain (Loss) Recognized in Accumulated OCI or OCL (Effective Portion)	29	(164)	(16)	(277)
Derivative Instrument Detail [Abstract]
Amount of ineffectiveness measured			0	0
Cash flow hedges [Member] | Cross-currency swap agreements [Member] | 2.25% senior notes due January 2021 [Member]
Debt Instruments [Abstract]
Total debt issued | €								€ 1,250
Senior notes fixed principal amount	$ 1,600		$ 1,600
Annual interest rate for the 2.25% notes due January 2021 after the economic effect of the cross-currency swaps	3.53%		3.53%
Stated interest rate percentage	2.25%		2.25%
Maturity date			Jan. 10, 2021
Cash flow hedges [Member] | Cross-currency swap agreements [Member] | Non-operating income, net [Member]
Effects of Derivative and Non-Derivative Instruments Designated as Hedges on Income and Other Comprehensive Income (OCI) or Loss (OCL) [Abstract]
Amount of Gain (Loss) Reclassified from Accumulated OCI or OCL into Income (Effective Portion)	$ 52	(134)	$ 21	(283)
Cash flow hedges [Member] | Cross-currency swap agreements [Member] | Other non-current liabilities [Member]
Fair Values of Derivative and Non-Derivative Instruments Designated as Hedges in Condensed Consolidated Balance Sheets [Abstract]
Fair value, liabilities	(260)		(260)		(244)
Net investment hedge [Member] | Foreign currency borrowings [Member]
Effects of Derivative and Non-Derivative Instruments Designated as Hedges on Income and Other Comprehensive Income (OCI) or Loss (OCL) [Abstract]
Amount of Gain (Loss) Recognized in Accumulated OCI or OCL (Effective Portion)	$ (31)	$ 80	(13)	169
Derivative Instrument Detail [Abstract]
Amount of ineffectiveness measured			$ 0	$ 0
Net investment hedge [Member] | Foreign currency borrowings [Member] | 3.125% senior notes due July 2025 [Member]
Debt Instruments [Abstract]
Total debt issued | €								€ 750
Stated interest rate percentage	3.125%		3.125%
Maturity date			Jul. 10, 2025
Net investment hedge [Member] | Foreign currency borrowings [Member] | Notes payable, non-current [Member]
Fair Values of Derivative and Non-Derivative Instruments Designated as Hedges in Condensed Consolidated Balance Sheets [Abstract]
Fair value, debt	$ (969)		$ (969)		(981)
Fair value hedges [Member] | Interest rate swap agreements [Member] | 2.375% senior notes due January 2019 [Member]
Debt Instruments [Abstract]
Total debt issued							$ 1,500
Stated interest rate percentage	2.375%		2.375%
Maturity date			Jan. 15, 2019
Fair value hedges [Member] | Interest rate swap agreements [Member] | 2.25% senior notes due October 2019 [Member]
Debt Instruments [Abstract]
Total debt issued						$ 2,000
Stated interest rate percentage	2.25%		2.25%
Maturity date			Oct. 8, 2019
Fair value hedges [Member] | Interest rate swap agreements [Member] | 2.80% senior notes due July 2021 [Member]
Debt Instruments [Abstract]
Total debt issued						$ 1,500
Stated interest rate percentage	2.80%		2.80%
Maturity date			Jul. 8, 2021
Fair value hedges [Member] | Interest rate swap agreements [Member] | Other assets [Member]
Fair Values of Derivative and Non-Derivative Instruments Designated as Hedges in Condensed Consolidated Balance Sheets [Abstract]
Fair value, assets	$ 164		$ 164		$ 74

STOCKHOLDERS' EQUITY (Details)

STOCKHOLDERS' EQUITY (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended		9 Months Ended
	Feb. 29, 2016	Feb. 28, 2015	Feb. 29, 2016	Feb. 28, 2015	Mar. 15, 2016
Stock Repurchases (Narrative) [Abstract]
Approved expansion of stock repurchase program					$ 10,000
Amount available for future repurchases	$ 809		$ 809
Repurchases of common stock (in shares)			222.7	147.7
Repurchased amount			$ 8,400	$ 6,100
Repurchased shares that were not settled (in shares)			2.7
Repurchased amount that was not settled			$ 98
Dividends on Common Stock [Abstract]
Dividends per share, declared and paid (in dollars per share)	$ 0.15	$ 0.12	$ 0.45	$ 0.36
Dividends declared per share of outstanding common stock (in dollars per share)					$ 0.15
Dividend payable date			Apr. 28, 2016
Dividend record date			Apr. 14, 2016
Stock-based Compensation Expense [Line Items]
Total stock-based compensation	$ 260	$ 234	$ 768	$ 689
Stock options granted (in shares)			24
Restricted stock-based awards granted (in shares)			32
Forfeitures and cancellations (in shares)			11
Service-based restricted stock units [Member]
Stock-based Compensation Expense [Line Items]
Restricted stock-based awards granted (in shares)			30
Performance-based restricted stock units [Member]
Stock-based Compensation Expense [Line Items]
Restricted stock-based awards granted (in shares)			2
Chief Technology Officer and Chief Executive Officers [Member]
Stock-based Compensation Expense [Line Items]
Stock options granted (in shares)			7
Expiration date			5 years
Other stock options [Member]
Stock-based Compensation Expense [Line Items]
Expiration date			10 years
Sales and marketing [Member]
Stock-based Compensation Expense [Line Items]
Total stock-based compensation	57	45	$ 163	131
Cloud software as a service and platform as a service [Member]
Stock-based Compensation Expense [Line Items]
Total stock-based compensation	4	3	13	8
Cloud infrastructure as a service [Member]
Stock-based Compensation Expense [Line Items]
Total stock-based compensation	1	1	3	3
Software license updates and product support [Member]
Stock-based Compensation Expense [Line Items]
Total stock-based compensation	6	6	18	15
Hardware products [Member]
Stock-based Compensation Expense [Line Items]
Total stock-based compensation	1	1	4	4
Hardware support [Member]
Stock-based Compensation Expense [Line Items]
Total stock-based compensation	1	2	4	4
Services [Member]
Stock-based Compensation Expense [Line Items]
Total stock-based compensation	7	8	22	23
Research and development [Member]
Stock-based Compensation Expense [Line Items]
Total stock-based compensation	154	138	452	380
General and administrative [Member]
Stock-based Compensation Expense [Line Items]
Total stock-based compensation	$ 29	29	86	116
Acquisition related and other [Member]
Stock-based Compensation Expense [Line Items]
Total stock-based compensation		$ 1	$ 3	$ 5

INCOME TAXES (Details)

INCOME TAXES (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Feb. 29, 2016	Feb. 28, 2015	Feb. 29, 2016	Feb. 28, 2015	May. 31, 2015
Income Taxes [Abstract]
Effective income tax rate	21.60%	20.80%	21.00%	21.40%
Net deferred tax assets	$ 1,200		$ 1,200		$ 993
Income tax examinations			Our U.S. federal and, with some exceptions, our state income tax returns have been examined for all years prior to fiscal 2006 and we are no longer subject to audit for those periods. With some exceptions, we are generally no longer subject to tax examinations in non-U.S. jurisdictions for years prior to fiscal 1997.

SEGMENT INFORMATION (Details)

SEGMENT INFORMATION (Details) - USD ($) $ in Millions		3 Months Ended		9 Months Ended
		Feb. 29, 2016	Feb. 28, 2015	Feb. 29, 2016	Feb. 28, 2015
Segment reporting information [Line Items]
Revenues		$ 9,012	$ 9,327	$ 26,453	$ 27,520
Margin		5,555	5,879	16,225	17,453
Cloud software and on-premise software [Member]
Segment reporting information [Line Items]
Revenues	[1]	2,265	2,356	6,030	6,469
Cloud software as a service and platform as a service expenses		284	195	822	494
Sales and distribution expenses		1,469	1,390	4,224	4,106
Margin	[2]	512	771	984	1,869
Cloud infrastructure as a service [Member]
Segment reporting information [Line Items]
Revenues		152	155	477	448
Cloud infrastructure as a service expenses		84	84	256	242
Sales and distribution expenses		17	25	54	65
Margin	[2]	51	46	167	141
Software license updates and product support [Member]
Segment reporting information [Line Items]
Revenues	[1]	4,669	4,664	14,049	14,170
Software license updates and product support expenses		276	281	823	820
Margin	[2]	4,393	4,383	13,226	13,350
Total cloud and on-premise software business [Member]
Segment reporting information [Line Items]
Revenues	[1]	7,086	7,175	20,556	21,087
Expenses		2,130	1,975	6,179	5,727
Margin	[2]	4,956	5,200	14,377	15,360
Hardware products [Member]
Segment reporting information [Line Items]
Revenues		604	712	1,746	2,007
Hardware products expenses		337	366	963	1,030
Sales and distribution expenses		197	211	614	632
Margin	[2]	70	135	169	345
Hardware support [Member]
Segment reporting information [Line Items]
Revenues	[1]	531	588	1,640	1,794
Hardware support expenses		165	209	504	602
Margin	[2]	366	379	1,136	1,192
Total hardware business [Member]
Segment reporting information [Line Items]
Revenues	[1]	1,135	1,300	3,386	3,801
Expenses		699	786	2,081	2,264
Margin	[2]	436	514	1,305	1,537
Total services business [Member]
Segment reporting information [Line Items]
Revenues	[1]	793	859	2,519	2,653
Services expenses		630	694	1,976	2,097
Margin	[2]	163	165	543	556
Total for operating segments [Member]
Segment reporting information [Line Items]
Revenues	[1]	9,014	9,334	26,461	27,541
Expenses		3,459	3,455	10,236	10,088
Margin	[2]	$ 5,555	$ 5,879	$ 16,225	$ 17,453
[1]	Cloud software and on-premise software, software license updates and product support and hardware support revenues for management reporting included revenues related to cloud SaaS and PaaS, software support and hardware support contracts that would have otherwise been recorded by the acquired businesses as independent entities but were not recognized in our condensed consolidated statements of operations for the periods presented. See Note 7 for an explanation of these adjustments and the table below for a reconciliation of our total operating segment revenues to our total revenues as reported in our condensed consolidated statements of operations. Our cloud software and on-premise software and services revenues for management reporting also differ from amounts reported per our consolidated statements of operations for the periods presented due to certain insignificant reclassifications between these lines for management reporting purposes.
[2]	The margins reported reflect only the direct controllable costs of each line of business and do not include allocations of product development, marketing and partner programs, and corporate, general and administrative and information technology expenses. Additionally, the margins reported do not reflect amortization of intangible assets, acquisition related and other expenses, restructuring expenses, stock-based compensation, interest expense or certain other income (expense), net.

SEGMENT INFORMATION RECONCILIAT

SEGMENT INFORMATION RECONCILIATION (Details) - USD ($) $ in Millions		3 Months Ended		9 Months Ended
		Feb. 29, 2016	Feb. 28, 2015	Feb. 29, 2016	Feb. 28, 2015
Reconciliation of Total Operating Segment Revenues to Total Revenues [Line Items]
Cloud software as a service and platform as a service revenues	[1]	$ (2)	$ (3)	$ (6)	$ (9)
Software license updates and product support revenues	[1]		(3)	(1)	(9)
Hardware support revenues	[1]		(1)	(1)	(3)
Total revenues		9,012	9,327	26,453	27,520
Reconciliation of Total Operating Segment Margin to Income Before Provision for Income Taxes [Abstract]
Total margin for operating segments		5,555	5,879	16,225	17,453
Cloud software as a service and platform as a service revenues	[1]	(2)	(3)	(6)	(9)
Software license updates and product support revenues	[1]		(3)	(1)	(9)
Hardware support revenues	[1]		(1)	(1)	(3)
Product development		(1,219)	(1,180)	(3,652)	(3,562)
Marketing and partner program expenses		(110)	(116)	(356)	(370)
Corporate, general and administrative and information technology expenses		(403)	(377)	(1,197)	(1,105)
Amortization of intangible assets		(408)	(527)	(1,283)	(1,642)
Acquisition related and other		(11)	(8)	(35)	(12)
Restructuring		(115)	(48)	(293)	(168)
Stock-based compensation		(260)	(233)	(765)	(684)
Interest expense		(360)	(273)	(1,105)	(817)
Non-operating income, net		65	40	179	65
Income before provision for income taxes		2,732	3,150	7,710	9,137
Total for operating segments [Member]
Reconciliation of Total Operating Segment Revenues to Total Revenues [Line Items]
Total revenues	[2]	9,014	9,334	26,461	27,541
Reconciliation of Total Operating Segment Margin to Income Before Provision for Income Taxes [Abstract]
Total margin for operating segments	[3]	$ 5,555	$ 5,879	$ 16,225	$ 17,453
[1]	Cloud software as a service and platform as a service revenues, software license updates and product support revenues and hardware support revenues for management reporting included revenues that would have otherwise been recorded by our acquired businesses as independent entities but were not recognized in our condensed consolidated statements of operations for the periods presented due to business combination accounting requirements.
[2]	Cloud software and on-premise software, software license updates and product support and hardware support revenues for management reporting included revenues related to cloud SaaS and PaaS, software support and hardware support contracts that would have otherwise been recorded by the acquired businesses as independent entities but were not recognized in our condensed consolidated statements of operations for the periods presented. See Note 7 for an explanation of these adjustments and the table below for a reconciliation of our total operating segment revenues to our total revenues as reported in our condensed consolidated statements of operations. Our cloud software and on-premise software and services revenues for management reporting also differ from amounts reported per our consolidated statements of operations for the periods presented due to certain insignificant reclassifications between these lines for management reporting purposes.
[3]	The margins reported reflect only the direct controllable costs of each line of business and do not include allocations of product development, marketing and partner programs, and corporate, general and administrative and information technology expenses. Additionally, the margins reported do not reflect amortization of intangible assets, acquisition related and other expenses, restructuring expenses, stock-based compensation, interest expense or certain other income (expense), net.

EARNINGS PER SHARE (Details)

EARNINGS PER SHARE (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions		3 Months Ended		9 Months Ended
		Feb. 29, 2016	Feb. 28, 2015	Feb. 29, 2016	Feb. 28, 2015
Computation of Basic and Diluted Earnings Per Share [Abstract]
Net income		$ 2,142	$ 2,495	$ 6,087	$ 7,181
Weighted average common shares outstanding		4,182	4,389	4,246	4,419
Dilutive effect of employee stock plans		74	105	82	97
Dilutive weighted average common shares outstanding		4,256	4,494	4,328	4,516
Basic earnings per share		$ 0.51	$ 0.57	$ 1.43	$ 1.63
Diluted earnings per share		$ 0.50	$ 0.56	$ 1.41	$ 1.59
Shares subject to anti-dilutive stock options and restricted stock-based awards excluded from calculation	[1]	67	39	62	36
[1]	These weighted shares relate to anti-dilutive stock options and restricted stock-based awards as calculated using the treasury stock method and could be dilutive in the future.

LEGAL PROCEEDINGS (Details)

LEGAL PROCEEDINGS (Details)	9 Months Ended
	Feb. 29, 2016
Hewlett-Packard Litigation [Member]
Legal Proceedings [Line Items]
Inestimable loss related to litigation	We cannot currently estimate a reasonably possible range of loss for this action.
State Of Oregon Litigation [Member]
Legal Proceedings [Line Items]
Inestimable loss related to litigation	We cannot currently estimate a reasonably possible range of loss for this action.
Other Litigation [Member]
Legal Proceedings [Line Items]
Other litigation	We are party to various other legal proceedings and claims, either asserted or unasserted, which arise in the ordinary course of business, including proceedings and claims that relate to acquisitions we have completed or to companies we have acquired or are attempting to acquire. While the outcome of these matters cannot be predicted with certainty, we do not believe that the outcome of any of these matters, individually or in the aggregate, will result in losses that are materially in excess of amounts already recognized, if any.