Instructions

Use the Consolidated Statements of Shareholders Equity on page B-8 of Appendix B to answer the following questions.

1. How many shares of Class A and Class B shares are outstanding as of May 31, 2016?

2. How many Class B shares were repurchased in fiscal year 2016?

3. What change in the dollar amounts of the stockholders equity accounts results from Class B stock being issued to employees during fiscal years 2014-2016?

158 Common Stock Capital Accumulated Class A Claus B in Excess Other of Stated Comprehensive Retained in millions, except pershare data Shares Amount Shares Amount Value Income Earnings Total Balance at May 31, 2013 356 $ -1.433 S 3$ 5,184 $ 274 $ 5,620 $ 11,081 Stock options cursed 22 445 465 Conversion to Class B Common Stock 1 Repurchase of Class B Common Stock 03 1111 2.617) 2.628 Dividends on common stock 50:47 per share 821) 1821) hance of shares to employees 3 78 78 Stock based compensation 172 177 Forfebure of shares from employees 11) 1122 Net income 2693 2693 Other comprehensive income Boss (189 (1891 Balance at May 31, 2014 355 s 1,385 $ 3 $ 5,865 $ 85 $ 4,0715 10,824 Stock options arised 27 639 639 Repurchase of Class B Common Stock 12.525 2.534 Dividends on common stock 150.54 per shared (931) 1931) Imance of shares to employees 3 92 92 Stock based compensation 191 191 Forferture of shares from employees 5 13 Net income 3223 3.273 Other comprehensive income flow 1161 1.161 Balance at May 31, 2015 355 $ 1,357 $ 3 $ 6,773 $ 1,246 $ 4,685 $ 12,707 Stock options erercised 22 680 680 Conversion to Class B Common Stock 2 Repurchase of CB Common Stock 55) 3.2300 13.238 Dividends on common stock 150.62 per share 11.053 11.053 Issuance of shares to employees 3 115 115 Stock-based compensation 236 236 Forfeture of shares from employees 1100 (11) 20) Net income 3.700 3760 Other comprehensive income flow 1928 1928 Balance at May 31, 2016 353 $ 1.329 $ 3 $ 7.786 $ 318 5 4,151 5 12,258 a The accompanying Notes to the Consolidated Financial Statements are an integral part of this statement