Year Ended May 31, | ||||||||||||
(In millions) | 2013 | 2012 | 2011 | |||||||||
Revenues | $ | 523 | $ | 796 | $ | 746 | ||||||
Income (loss) before income taxes | 108 | (43 | ) | (18 | ) | |||||||
Income tax expense (benefit) | 87 | 3 | 21 | |||||||||
Net income (loss) from discontinued operations | $ | 21 | $ | (46 | ) | $ | (39 | ) |
As of May 31, | ||||||||
(In millions) | 2013 | 2012 | ||||||
Accounts Receivable, net | $ | — | $ | 148 | ||||
Inventories | — | 128 | ||||||
Deferred income taxes and other assets | — | 35 | ||||||
Property, plant and equipment, net | — | 70 | ||||||
Identifiable intangible assets, net | — | 234 | ||||||
TOTAL ASSETS | $ | — | $ | 615 | ||||
Accounts payable | $ | 1 | $ | 42 | ||||
Accrued liabilities | 17 | 112 | ||||||
Deferred income taxes and other liabilities | — | 16 | ||||||
TOTAL LIABILITIES | $ | 18 | $ | 170 |