7Baggers
Quarterly
Annual
    Unit: USD2025-08-31 2025-05-31 2025-02-28 2024-11-30 2024-08-31 2024-05-31 2024-02-29 2023-11-30 2023-08-31 2023-05-31 2023-02-28 2022-11-30 2022-08-31 2022-05-31 2022-02-28 2021-11-30 2021-08-31 2021-05-31 2021-02-28 2020-11-30 2020-08-31 2020-05-31 2020-02-29 2019-11-30 2019-08-31 2019-05-31 2019-02-28 2018-11-30 2018-08-31 2018-05-31 2018-02-28 2017-11-30 2017-08-31 2017-05-31 2017-02-28 2016-11-30 2016-08-31 2016-05-31 2016-02-29 2015-11-30 2015-08-31 2015-05-31 2015-02-28 2014-11-30 2014-08-31 2014-05-31 2014-02-28 2013-11-30 2013-08-31 2013-05-31 2013-02-28 2012-11-30 2012-08-31 2012-05-31 2012-02-29 2011-11-30 2011-08-31 2011-05-31 2011-02-28 2010-11-30 2010-08-31 2010-05-31 2010-02-28 2009-11-30 2009-08-31 2009-05-31 
      
    		                                                                  
      cash provided (used) by operations:
    		                                                                  
      net income
    		727,000,000 211,000,000 794,000,000 1,163,000,000 1,051,000,000 1,500,000,000 1,172,000,000 1,578,000,000 1,450,000,000 1,031,000,000 1,240,000,000 1,331,000,000 1,468,000,000 1,439,000,000 1,396,000,000 1,337,000,000 1,874,000,000 1,509,000,000 1,449,000,000 1,251,000,000 1,518,000,000 -790,000,000 847,000,000 1,115,000,000 1,367,000,000 989,000,000 1,101,000,000 847,000,000 1,092,000,000 1,137,000,000 -921,000,000 767,000,000 950,000,000 1,008,000,000 1,141,000,000 842,000,000 1,249,000,000 846,000,000 950,000,000 785,000,000 1,179,000,000 865,000,000 791,000,000 655,000,000 962,000,000 691,000,000 685,000,000 537,000,000 780,000,000 668,000,000 866,000,000 384,000,000 567,000,000 549,000,000 560,000,000 469,000,000 645,000,000 594,000,000 523,000,000 457,000,000 559,000,000 521,900,000 496,400,000 375,400,000 513,000,000 341,400,000 
      adjustments to reconcile net income to net cash provided (used) by operations:
    		                                                                  
      depreciation and amortization
    		190,000,000                                                                  
      deferred income taxes
    		-25,000,000 16,000,000 -116,000,000 -135,000,000 -53,000,000 -216,000,000 -137,000,000 -76,000,000 -68,000,000 99,000,000 -66,000,000 -107,000,000 -43,000,000 -416,000,000 -12,000,000 -77,000,000 -145,000,000 -94,000,000 -114,000,000 43,000,000 -220,000,000 -8,000,000 -238,000,000 -92,000,000 -42,000,000 -33,000,000 56,000,000 -7,000,000 18,000,000 83,000,000 647,000,000 -24,000,000 -59,000,000 -74,000,000 -129,000,000 -20,000,000 -50,000,000 -74,000,000 33,000,000 -8,000,000 -31,000,000 -156,000,000 -6,000,000 14,000,000 35,000,000 45,000,000 -79,000,000 -1,000,000 24,000,000 77,000,000 -7,000,000 -32,000,000 -17,000,000 -53,000,000 -6,000,000 -5,000,000 4,000,000 -6,000,000 -67,000,000   -65,700,000 54,900,000 37,100,000 -18,000,000 -23,800,000 
      stock-based compensation
    		185,000,000 165,000,000 169,000,000 192,000,000 183,000,000 186,000,000 216,000,000 206,000,000 196,000,000 199,000,000 192,000,000 194,000,000 170,000,000 171,000,000 161,000,000 170,000,000 136,000,000 144,000,000 142,000,000 189,000,000 136,000,000 126,000,000 113,000,000 110,000,000 80,000,000 99,000,000 93,000,000 92,000,000 41,000,000 60,000,000 55,000,000 53,000,000 50,000,000 53,000,000 51,000,000 54,000,000 57,000,000 60,000,000 60,000,000 62,000,000 54,000,000 51,000,000 48,000,000 49,000,000 43,000,000 46,000,000 43,000,000 46,000,000 42,000,000 46,000,000 45,000,000 46,000,000 37,000,000 35,000,000 34,000,000 36,000,000 25,000,000 27,000,000 28,000,000 29,000,000 21,000,000 21,500,000 23,000,000 23,100,000 91,400,000 43,600,000 
      impairment and other
    		8,000,000                                                                  
      net foreign currency adjustments
    		34,000,000 13,000,000 -30,000,000 61,000,000 -7,000,000 -57,000,000 -38,000,000 -36,000,000 -7,000,000 -16,000,000 -72,000,000 -141,000,000 16,000,000 -29,000,000 -45,000,000 5,000,000 43,000,000 -8,000,000 -32,000,000 -53,000,000 -45,000,000 72,000,000 -55,000,000 -43,000,000 49,000,000 15,000,000 8,000,000 44,000,000 166,000,000 31,000,000 -63,000,000 -48,000,000 -19,000,000 -27,000,000 -56,000,000 27,000,000 -61,000,000 -94,000,000 118,000,000 42,000,000 32,000,000 13,000,000                         
      changes in certain working capital components and other assets and liabilities:
    		                                                                  
      increase in accounts receivable
    		-215,000,000 -93,000,000 779,000,000 -631,000,000 -312,000,000 100,000,000 220,000,000 -28,000,000 -621,000,000 380,000,000 987,000,000 -463,000,000 -415,000,000 -970,000,000 -77,000,000 507,000,000 36,000,000 -769,000,000 84,000,000 69,000,000 -990,000,000 1,714,000,000 93,000,000 -112,000,000 -456,000,000 190,000,000 -136,000,000          -284,000,000         -43,000,000 -166,000,000      -123,000,000 -90,000,000 -142,000,000 50,000,000 -141,000,000 -103,000,000 -134,000,000 46,000,000 -82,000,000     135,800,000 
      increase in inventories
    		-610,000,000 219,000,000 448,000,000 132,000,000 -679,000,000 210,000,000 205,000,000 756,000,000 -263,000,000 394,000,000 421,000,000 415,000,000 -1,363,000,000 -804,000,000 -1,140,000,000 167,000,000 101,000,000 -167,000,000 -647,000,000 632,000,000 689,000,000 -1,399,000,000 153,000,000 -338,000,000 -270,000,000 -264,000,000 37,000,000                          -17,000,000 -114,000,000 -136,000,000 -157,000,000 -398,000,000 -152,000,000 -147,000,000 -134,000,000 -118,000,000      
      increase in prepaid expenses, operating lease right-of-use assets and other current and non-current assets
    		-165,000,000 11,000,000 -375,000,000 405,000,000 -265,000,000 82,000,000 52,000,000 -169,000,000 -225,000,000 -371,000,000 -34,000,000 -111,000,000 -128,000,000 -206,000,000 -195,000,000 -202,000,000 -242,000,000 224,000,000 -243,000,000 175,000,000 -338,000,000 -160,000,000 -427,000,000 -105,000,000 38,000,000                                          
      increase in accounts payable, accrued liabilities, operating lease liabilities and other current and non-current liabilities
    		93,000,000 -276,000,000 -119,000,000 -323,000,000 292,000,000 610,000,000 99,000,000 402,000,000 -714,000,000 301,000,000 -582,000,000 -436,000,000 492,000,000 1,670,000,000 -102,000,000 657,000,000 -860,000,000 952,000,000 539,000,000 -80,000,000 -85,000,000 221,000,000 160,000,000 190,000,000 -547,000,000                                          
      cash provided (used) by operations
    		222,000,000 463,000,000 1,792,000,000 1,049,000,000 394,000,000 2,619,000,000 2,059,000,000 2,817,000,000 -66,000,000 2,253,000,000 2,230,000,000 1,001,000,000 357,000,000 1,151,000,000 169,000,000 2,757,000,000 1,111,000,000 2,012,000,000 1,290,000,000 2,473,000,000 882,000,000 -1,000,000 1,180,000,000                                            
      capex
    		-207,000,000 -100,000,000 -81,000,000 -129,000,000 -120,000,000 -213,000,000 -141,000,000 -205,000,000 -253,000,000 -269,000,000 -200,000,000 -236,000,000 -264,000,000 -242,000,000 -154,000,000 -178,000,000 -184,000,000 -174,000,000 -177,000,000 -168,000,000 -176,000,000 -289,000,000 -275,000,000                                            
      free cash flows
    		15,000,000 363,000,000 1,711,000,000 920,000,000 274,000,000 2,406,000,000 1,918,000,000 2,612,000,000 -319,000,000 1,984,000,000 2,030,000,000 765,000,000 93,000,000 909,000,000 15,000,000 2,579,000,000 927,000,000 1,838,000,000 1,113,000,000 2,305,000,000 706,000,000 -290,000,000 905,000,000                                            
      cash provided (used) by investing activities:
    		                                                                  
      purchases of short-term investments
    		-355,000,000 -570,000,000 -580,000,000 -1,116,000,000 -968,000,000 -1,430,000,000 -1,131,000,000 -1,062,000,000 -1,144,000,000 -1,215,000,000 -1,344,000,000 -1,031,000,000 -2,469,000,000 -3,684,000,000 -2,530,000,000 -4,149,000,000 -2,550,000,000 -2,520,000,000 -2,936,000,000 -3,104,000,000 -1,401,000,000 -651,000,000 -618,000,000 -653,000,000 -504,000,000 -553,000,000 -613,000,000 -791,000,000 -980,000,000 -1,139,000,000 -642,000,000 -1,339,000,000 -1,663,000,000 -1,899,000,000 -1,671,000,000 -1,079,000,000 -1,279,000,000 -1,608,000,000 -908,000,000 -1,663,000,000 -1,188,000,000 -1,182,000,000 -1,166,000,000 -1,292,000,000 -1,296,000,000 -1,240,000,000 -1,387,000,000 -1,431,000,000 -1,328,000,000 -1,821,000,000 -502,000,000 -725,000,000 -654,000,000              
      maturities of short-term investments
    		209,000,000 61,000,000 61,000,000 53,000,000 144,000,000 233,000,000 559,000,000 699,000,000 778,000,000 886,000,000 519,000,000 519,000,000 1,432,000,000 3,047,000,000 1,261,000,000 1,795,000,000 2,096,000,000 2,033,000,000 1,401,000,000 500,000,000 302,000,000 54,000,000 1,000,000 3,000,000 16,000,000 102,000,000 432,000,000 781,000,000 400,000,000 512,000,000 872,000,000 826,000,000 1,403,000,000 1,190,000,000 690,000,000 1,181,000,000 562,000,000 903,000,000 511,000,000 789,000,000 721,000,000 1,031,000,000 762,000,000 788,000,000 1,074,000,000 902,000,000 1,428,000,000 784,000,000 818,000,000 616,000,000 213,000,000 348,000,000 324,000,000              
      sales of short-term investments
    		294,000,000 623,000,000 553,000,000 1,108,000,000 778,000,000 1,126,000,000 1,021,000,000 1,034,000,000 1,038,000,000 1,035,000,000 1,177,000,000 1,024,000,000 948,000,000 1,046,000,000 889,000,000 995,000,000 1,037,000,000 861,000,000 674,000,000 530,000,000 384,000,000 615,000,000 783,000,000 448,000,000 533,000,000 581,000,000 520,000,000 385,000,000 586,000,000 699,000,000 753,000,000 526,000,000 518,000,000 518,000,000 501,000,000 444,000,000 960,000,000 447,000,000 689,000,000 800,000,000 450,000,000 498,000,000 673,000,000 283,000,000 762,000,000 571,000,000 38,000,000 81,000,000 436,000,000 60,000,000 34,000,000 241,000,000 663,000,000              
      additions to property, plant and equipment
    		-207,000,000 -100,000,000 -81,000,000 -129,000,000 -120,000,000 -213,000,000 -141,000,000 -205,000,000 -253,000,000 -269,000,000 -200,000,000 -236,000,000 -264,000,000 -242,000,000 -154,000,000 -178,000,000 -184,000,000 -174,000,000 -177,000,000 -168,000,000 -176,000,000 -289,000,000 -275,000,000 -238,000,000 -284,000,000 -273,000,000 -216,000,000 -287,000,000 -343,000,000 -300,000,000 -230,000,000 -228,000,000 -270,000,000 -329,000,000 -264,000,000 -235,000,000 -277,000,000 -242,000,000 -286,000,000 -288,000,000 -327,000,000 -240,000,000 -236,000,000 -225,000,000 -262,000,000 -210,000,000 -242,000,000 -213,000,000 -215,000,000 -235,000,000 -151,000,000 -143,000,000 -107,000,000 -218,000,000 -120,000,000 -145,000,000 -114,000,000 -129,000,000 -112,000,000 -102,000,000 -89,000,000 -95,000,000 -67,500,000 -92,100,000 -80,500,000 -120,400,000 
      cash provided (used) by investing activities
    		-59,000,000 14,000,000 -49,000,000 -74,000,000 -166,000,000 -290,000,000 309,000,000 457,000,000 418,000,000 427,000,000 160,000,000 191,000,000 -214,000,000 187,000,000 -606,000,000 -1,606,000,000 501,000,000 187,000,000 -1,110,000,000 -1,988,000,000 -889,000,000 -270,000,000 30,000,000 -440,000,000 -348,000,000     -250,000,000               280,000,000         -484,000,000 166,000,000 515,000,000 317,000,000          
      cash provided (used) by financing activities:
    		                                                                  
      increase in notes payable
    		-1,000,000 1,000,000 -45,000,000 37,000,000 6,000,000     -8,000,000 7,000,000 -2,000,000 -1,000,000 11,000,000 -9,000,000 0 13,000,000 -1,000,000 -14,000,000 -7,000,000 -30,000,000   50,000,000 241,000,000 -5,000,000 7,000,000 -6,000,000 -321,000,000 327,000,000 -1,218,000,000 895,000,000 9,000,000 303,000,000 3,000,000 0 21,000,000     20,000,000 -25,000,000 -41,000,000 -17,000,000 38,000,000 -29,000,000 69,000,000 -3,000,000    19,000,000         32,000,000 7,900,000 4,000,000 -249,300,000 5,300,000 
      proceeds from exercise of stock options and other stock issuances
    		127,000,000 151,000,000 55,000,000 214,000,000 131,000,000 190,000,000 150,000,000 228,000,000 99,000,000 238,000,000 153,000,000 178,000,000 82,000,000 192,000,000 113,000,000 373,000,000 473,000,000 203,000,000 188,000,000 479,000,000 302,000,000 207,000,000 195,000,000 372,000,000 111,000,000 213,000,000 147,000,000 153,000,000 187,000,000 179,000,000 234,000,000 162,000,000 158,000,000 150,000,000 101,000,000 126,000,000 112,000,000 137,000,000 42,000,000 200,000,000 128,000,000 142,000,000 59,000,000 186,000,000 127,000,000 75,000,000 75,000,000 139,000,000 94,000,000 129,000,000 68,000,000 77,000,000 39,000,000 96,000,000 88,000,000 137,000,000 147,000,000 66,000,000 51,000,000 181,000,000 47,000,000 141,700,000 43,700,000 131,700,000 47,400,000 37,600,000 
      repurchase of common stock
    		-126,000,000 -199,000,000 -506,000,000 -1,096,000,000 -1,184,000,000 -1,036,000,000 -883,000,000 -1,198,000,000 -1,133,000,000 -1,379,000,000 -1,551,000,000 -1,567,000,000 -983,000,000 -1,091,000,000 -1,200,000,000 -971,000,000 -752,000,000     -202,000,000 -944,000,000 -922,000,000 -999,000,000    -1,360,000,000 -1,560,000,000 -918,000,000 -972,000,000 -804,000,000 -794,000,000 -475,000,000 -900,000,000 -1,054,000,000 -540,000,000 -1,458,000,000 -652,000,000 -588,000,000 -679,000,000 -612,000,000 -424,000,000 -819,000,000 -912,000,000 -788,000,000 -402,000,000 -526,000,000 -242,000,000 -253,000,000 -413,000,000 -766,000,000 -229,000,000 -260,000,000 -699,000,000 -626,000,000 -607,000,000 -467,000,000 -297,000,000 -488,000,000 -215,200,000 -333,300,000 -177,700,000 -15,000,000 0 
      dividends — common and preferred
    		-591,000,000 -591,000,000 -594,000,000 -557,000,000 -558,000,000 -560,000,000 -562,000,000 -523,000,000 -524,000,000 -524,000,000 -528,000,000 -480,000,000 -480,000,000 -481,000,000 -483,000,000 -438,000,000 -435,000,000 -435,000,000 -434,000,000 -385,000,000 -384,000,000 -381,000,000 -382,000,000 -344,000,000 -345,000,000 -346,000,000 -348,000,000 -318,000,000 -320,000,000 -323,000,000 -325,000,000 -295,000,000 -300,000,000 -299,000,000 -298,000,000 -267,000,000 -269,000,000 -270,000,000 -273,000,000 -239,000,000 -240,000,000 -241,000,000 -242,000,000 -207,000,000 -209,000,000 -212,000,000 -212,000,000 -187,000,000 -188,000,000 -188,000,000 -188,000,000 -162,000,000 -165,000,000              
      other financing activities
    		-7,000,000 -6,000,000 -16,000,000 -46,000,000 -17,000,000 -14,000,000 -22,000,000 -59,000,000 -41,000,000 -8,000,000 -26,000,000 -46,000,000 -22,000,000 -11,000,000 -31,000,000 -67,000,000 -42,000,000 -5,000,000 -37,000,000 -41,000,000 -53,000,000 -6,000,000 -20,000,000 -14,000,000 -18,000,000                                          
      cash provided (used) by financing activities
    		-598,000,000 -1,644,000,000 -1,106,000,000 -1,448,000,000 -1,622,000,000 -1,420,000,000 -1,317,000,000 -1,552,000,000 -1,599,000,000 -2,181,000,000 -1,945,000,000 -1,917,000,000 -1,404,000,000 -1,380,000,000 -1,610,000,000 -1,103,000,000 -743,000,000 -847,000,000 -320,000,000 -44,000,000 -248,000,000 5,801,000,000 -1,442,000,000                                            
      effect of exchange rate changes on cash and equivalents
    		-5,000,000 30,000,000 -15,000,000 -33,000,000 19,000,000 -9,000,000 -10,000,000 19,000,000 -16,000,000 -13,000,000 20,000,000 -11,000,000 -87,000,000 -88,000,000 0 -17,000,000 -38,000,000 21,000,000 21,000,000 46,000,000 55,000,000 -45,000,000 25,000,000 10,000,000 -56,000,000 -70,000,000 57,000,000 -13,000,000 -103,000,000 -46,000,000 53,000,000 -2,000,000 40,000,000 10,000,000 9,000,000 -50,000,000 11,000,000 26,000,000 -73,000,000 -20,000,000 -38,000,000 -17,000,000                         
      net increase in cash and equivalents
    		-440,000,000 -1,137,000,000 622,000,000 -506,000,000 -1,375,000,000 900,000,000 1,041,000,000 1,741,000,000 -1,263,000,000 486,000,000 465,000,000 -736,000,000 -1,348,000,000 -130,000,000 -2,047,000,000 31,000,000 831,000,000 1,373,000,000 -119,000,000 487,000,000 -200,000,000 5,485,000,000 -207,000,000 -376,000,000 -1,020,000,000 771,000,000 272,000,000   587,000,000 -642,000,000   -213,000,000 -318,000,000   94,000,000 -807,000,000 605,000,000 -606,000,000 837,000,000 742,000,000 -30,000,000 83,000,000 356,000,000    780,000,000    296,000,000            399,000,000 
      cash and equivalents, beginning of period
    		7,464,000,000  0 0 9,860,000,000  0 0 7,441,000,000  0 0 8,574,000,000  0 0 9,889,000,000  0 0 8,348,000,000  0 0 4,466,000,000  0 0 4,249,000,000  0 0 3,808,000,000  0 0 3,138,000,000  0 0 3,852,000,000  0 0 2,220,000,000  0 0 3,337,000,000  0 0 2,317,000,000  0 0 1,955,000,000  0 0 3,079,000,000  0 0 2,291,100,000  
      cash and equivalents, end of period
    		7,024,000,000  622,000,000 -506,000,000 8,485,000,000  1,041,000,000 1,741,000,000 6,178,000,000  465,000,000 -736,000,000 7,226,000,000  -2,047,000,000 31,000,000 10,720,000,000  -119,000,000 487,000,000 8,148,000,000  -207,000,000 -376,000,000 3,446,000,000  272,000,000 141,000,000 3,282,000,000  -642,000,000 891,000,000 3,413,000,000  -318,000,000 1,680,000,000 2,659,000,000  -807,000,000 605,000,000 3,246,000,000  742,000,000 -30,000,000 2,303,000,000  -222,000,000 -850,000,000 2,936,000,000  266,000,000 126,000,000 2,165,000,000  92,000,000 321,000,000 1,608,000,000  364,000,000 -242,000,000 2,010,000,000  190,000,000 -225,400,000 2,260,600,000  
      supplemental disclosure of cash flow information:
    		                                                                  
      non-cash additions to property, plant and equipment
    		101,000,000 97,000,000 2,000,000 37,000,000 48,000,000 -17,000,000 12,000,000 17,000,000 148,000,000 66,000,000 21,000,000 0 124,000,000 34,000,000 23,000,000 0 103,000,000 63,000,000 -2,000,000 4,000,000 114,000,000 6,000,000 29,000,000 -4,000,000 90,000,000 -11,000,000 43,000,000 18,000,000 110,000,000 104,000,000 98,000,000 -6,000,000 98,000,000 18,000,000 128,000,000 24,000,000 96,000,000 152,000,000 -101,000,000 49,000,000 152,000,000 111,000,000 -46,000,000 16,000,000 125,000,000                      
      dividends declared and not paid
    		594,000,000 -1,000,000 -3,000,000 43,000,000 554,000,000 -3,000,000 -4,000,000 46,000,000 519,000,000 -3,000,000 1,000,000 44,000,000 482,000,000 -8,000,000 7,000,000 45,000,000 436,000,000 1,000,000 2,000,000 52,000,000 383,000,000 1,000,000 0 40,000,000 344,000,000 0 -1,000,000 30,000,000 318,000,000 -4,000,000 -1,000,000 30,000,000 295,000,000 -3,000,000 -1,000,000 32,000,000 272,000,000 1,000,000 -3,000,000 34,000,000 239,000,000 -1,000,000 -1,000,000 35,000,000 207,000,000 -2,000,000 -2,000,000 26,000,000 187,000,000 0 0 26,000,000 162,000,000 0 0 21,000,000 144,000,000 -2,000,000 -1,000,000 19,000,000 129,000,000 100,000 -1,000,000 9,900,000 121,700,000 300,000 
      balance at may 31, 2025
    		290,000,000                                                                  
      stock options exercised
    		                                                                  
      conversion to class b common stock
    		-1,000,000        -7,000,000                                                          
      repurchase of class b common stock
    		                                                                  
      dividends on common stock
    		                                                      -165,000,000 -144,000,000 -145,000,000  -148,000,000 -129,000,000 -131,000,000  -131,600,000 -121,700,000 -121,400,000  
      issuance of shares to employees, net of shares withheld for employee taxes
    		                                                                  
      other comprehensive income
    		                                                                  
      balance at august 31, 2025
    		289,000,000                                                                  
      other investing activities
    		 0 -2,000,000   -6,000,000 1,000,000 -9,000,000 -1,000,000 -10,000,000 8,000,000 -85,000,000 139,000,000 20,000,000 -72,000,000 -69,000,000 102,000,000 -13,000,000 -72,000,000 254,000,000 2,000,000 1,000,000 139,000,000 0 -109,000,000         0 19,000,000 -11,000,000 -42,000,000                              
      repayment of borrowings
    		                 -1,000,000 -23,000,000 -90,000,000 -83,000,000                                              
      cash and equivalents, beginning of year
    		                                                                  
      cash and equivalents, end of year
    		                                                                  
      cash paid during the year for:
    		                                                                  
      interest, net of capitalized interest
    		                                                                  
      income taxes
    		                                                                  
      balance at may 31, 2022
    		            305,000,000                                                      
      balance at may 31, 2023
    		        305,000,000                                                          
      balance at may 31, 2024
    		    298,000,000                                                              
      depreciation
    		  198,000,000 190,000,000 188,000,000 207,000,000 207,000,000 191,000,000 191,000,000 187,000,000 174,000,000 173,000,000 169,000,000 179,000,000 180,000,000 181,000,000 177,000,000 201,000,000 182,000,000 185,000,000 176,000,000 208,000,000 170,000,000 174,000,000 169,000,000 178,000,000 178,000,000 171,000,000 178,000,000 196,000,000 185,000,000 187,000,000 179,000,000 185,000,000 175,000,000 173,000,000 173,000,000 168,000,000 167,000,000 160,000,000 154,000,000 153,000,000 152,000,000 154,000,000 147,000,000 140,000,000 132,000,000 124,000,000 122,000,000 116,000,000 111,000,000 107,000,000 104,000,000 101,000,000 94,000,000 92,000,000 86,000,000 86,000,000 88,000,000 83,000,000 78,000,000 83,200,000 81,400,000 79,800,000 79,300,000 88,400,000 
      amortization, impairment and other
    		  44,000,000 -5,000,000 -4,000,000 -3,000,000 63,000,000 -7,000,000 -5,000,000 49,000,000 -30,000,000 146,000,000 -9,000,000 117,000,000 3,000,000 12,000,000 -9,000,000 20,000,000 -70,000,000 62,000,000 41,000,000 15,000,000                                             
      balance at november 30, 2024
    		  0                                                                
      balance at february 28, 2025
    		                                                                  
      balance at august 31, 2024
    		   0 298,000,000                                                              
      dividends on common stock (0.370 per share) and preferred stock at 0.10 per share
    		                                                                  
      balance at may 31, 2021
    		                305,000,000                                                  
      balance at november 30, 2023
    		      0                                                            
      balance at february 29, 2024
    		                                                                  
      balance at august 31, 2023
    		       0 298,000,000                                                          
      balance at may 31, 2020
    		                    315,000,000                                              
      balance at november 30, 2022
    		          0                                                        
      balance at february 28, 2023
    		                                                                  
      balance at august 31, 2022
    		           0 305,000,000                                                      
      proceeds from borrowings, net of debt issuance costs
    		                                                                  
      balance at may 31, 2019
    		                        315,000,000                                          
      adoption of asc topic 842
    		                                                                  
      balance at november 30, 2021
    		              0                                                    
      balance at february 28, 2022
    		                                                                  
      balance at august 31, 2021
    		               0 305,000,000                                                  
      balance at may 31, 2018
    		                                                                  
      adoption of asu 2016-16
    		                                                                  
      adoption of asc topic 606
    		                                                                  
      balance at november 30, 2020
    		                  0                                                
      balance at february 28, 2021
    		                                                                  
      balance at august 31, 2020
    		                   0 315,000,000                                              
      balance at may 31, 2017
    		                                                                  
      reclassifications to retained earnings in accordance with asu 2018-02
    		                                                                  
      balance at november 30, 2019
    		                      0                                            
      balance at february 29, 2020
    		                                                                  
      amortization and other
    		                       13,000,000 6,000,000 6,000,000 -1,000,000 7,000,000 3,000,000 4,000,000 13,000,000 4,000,000 6,000,000 3,000,000 -5,000,000 5,000,000 7,000,000 -5,000,000 10,000,000 -3,000,000 11,000,000 15,000,000 82,000,000 -20,000,000 -34,000,000 12,000,000 48,000,000 23,000,000 31,000,000 38,000,000 -18,000,000 22,000,000 33,000,000 -16,000,000 28,000,000 -5,000,000 25,000,000 12,000,000 -3,000,000 30,000,000 -16,000,000 50,000,000 6,000,000 14,200,000 1,600,000 40,100,000 
      balance at august 31, 2019
    		                       0 315,000,000                                          
      cash from operations:
    		                                                                  
      adjustments to reconcile net income to net cash from operations:
    		                                                                  
      cash from operations
    		                        394,000,000 2,010,000,000 1,068,000,000 1,524,000,000 1,301,000,000 2,270,000,000 787,000,000 1,323,000,000 575,000,000 889,000,000 1,067,000,000 963,000,000 721,000,000 1,184,000,000 876,000,000 545,000,000 491,000,000 1,342,000,000 2,103,000,000 647,000,000 588,000,000 1,320,000,000 754,000,000 332,000,000 597,000,000 1,359,000,000 423,000,000 710,000,000 535,000,000 974,000,000 328,000,000 510,000,000 87,000,000 842,000,000 323,000,000 435,000,000 212,000,000 1,275,200,000 511,900,000 668,100,000 709,000,000 1,073,700,000 
      cash used by financing activities:
    		                                                                  
      cash used by financing activities
    		                        -1,010,000,000 -1,026,000,000 -977,000,000 -1,458,000,000 -1,832,000,000 -1,387,000,000 -2,234,000,000 -216,000,000 -998,000,000 -592,000,000 -670,000,000 455,000,000 -1,135,000,000 -626,000,000 -1,763,000,000 392,000,000 -674,000,000 -695,000,000 -791,000,000 -422,000,000 -882,000,000 -997,000,000 -927,000,000 -392,000,000 -598,000,000 743,000,000 -352,000,000 -524,000,000 -907,000,000 -248,000,000 -416,000,000 -710,000,000 -744,000,000 -634,000,000 -542,000,000 -196,000,000 -600,000,000 -151,900,000 -403,600,000 -147,300,000 -358,400,000 -76,800,000 
      increase in prepaid expenses and other current and non-current assets
    		                         -36,000,000 -43,000,000                                        
      increase in accounts payable, accrued liabilities and other current and non-current liabilities
    		                         866,000,000 -225,000,000 679,000,000 205,000,000 76,000,000                                     
      disposals of property, plant and equipment
    		                         0 1,000,000 0 4,000,000     0 1,000,000   1,000,000 0 0 9,000,000 0 1,000,000 0 2,000,000 2,000,000 0 0 1,000,000 13,000,000                 
      net proceeds from long-term debt issuance
    		                                 0 0   0 0                            
      long-term debt payments, including current portion
    		                         -1,000,000 -2,000,000 -2,000,000 -1,000,000 -2,000,000 -1,000,000 -2,000,000 -1,000,000 -1,000,000 -40,000,000 -1,000,000 -2,000,000 -2,000,000 -1,000,000 -102,000,000 -1,000,000 -2,000,000 -1,000,000 -2,000,000 -2,000,000 -2,000,000 -1,000,000 -55,000,000 -2,000,000                  
      payments on capital lease and other financing obligations
    		                         -6,000,000 -7,000,000 -8,000,000 -6,000,000 -7,000,000 -5,000,000 -5,000,000 -6,000,000                                  
      tax payments for net share settlement of equity awards
    		                         0 -6,000,000 0 -11,000,000 -1,000,000 -1,000,000 1,000,000 -54,000,000                                  
      balance at may 31, 2016
    		                                                                  
      cash (used) provided by investing activities:
    		                                                                  
      cash (used) provided by investing activities
    		                                        -385,000,000     39,000,000 -69,000,000 -785,000,000 -392,000,000                  
      repurchases of common stock
    		                          -768,000,000                                        
      nike, inc. unaudited condensed consolidated statements of shareholders’ equity
    		                                                                  
      cash used by investing activities:
    		                                                                  
      cash used by investing activities
    		                           88,000,000 -333,000,000    -12,000,000 -520,000,000   -76,000,000 -490,000,000 153,000,000   207,000,000 -216,000,000               -419,000,000 569,000,000 -487,000,000 -684,000,000 -303,500,000 100,800,000 -732,900,000 -331,900,000  
      (increase) in accounts receivable
    		                            -294,000,000    -101,000,000  -228,000,000    15,000,000    68,000,000 26,000,000 -203,000,000    -102,000,000                  
      (increase) in inventories
    		                            -25,000,000 -10,000,000 -2,000,000 -147,000,000 -96,000,000 -74,000,000 143,000,000 -238,000,000 -62,000,000 -231,000,000 -5,000,000 -254,000,000 -100,000,000 -111,000,000 -192,000,000 -207,000,000 -111,000,000 -162,000,000 -63,000,000 -217,000,000 -63,000,000                  
      (increase) in prepaid expenses and other current and non-current assets
    		                            -83,000,000                                      
      net decrease in cash and equivalents
    		                            -967,000,000    -395,000,000    -479,000,000               126,000,000 -152,000,000   321,000,000 -347,000,000  364,000,000 -242,000,000 -1,069,000,000  190,000,000 -225,400,000 -30,500,000  
      notes to the unaudited condensed consolidated financial statements
    		                                                                  
      decrease (increase) in accounts receivable
    		                             184,000,000 -140,000,000          52,000,000         104,000,000 16,000,000           92,700,000 -195,700,000 191,200,000 93,500,000  
      decrease (increase) in prepaid expenses and other current and non-current assets
    		                                                                  
      investments in reverse repurchase agreements
    		                                     0   -50,000,000 100,000,000      0 -100,000,000                  
      nike, inc. consolidated statements of shareholders’ equity
    		                                                                  
      income charges (credits) not affecting cash:
    		                                                                  
      (increase) in prepaid expenses and other current assets
    		                               335,000,000 -543,000,000 32,000,000 -67,000,000 -22,000,000 -63,000,000 -12,000,000 -35,000,000 -41,000,000 -73,000,000 -113,000,000 27,000,000   12,000,000 -97,000,000 -23,000,000 -102,000,000                  
      increase in accounts payable, accrued liabilities and income taxes payable
    		                               -48,000,000 208,000,000     342,000,000    732,000,000           14,000,000    -100,000,000        -91,800,000 164,400,000 
      excess tax benefits from share-based payment arrangements
    		                                 52,000,000 47,000,000 19,000,000 59,000,000 50,000,000 30,000,000 126,000,000 75,000,000 68,000,000 34,000,000 72,000,000 44,000,000 24,000,000 37,000,000 44,000,000 27,000,000 38,000,000 20,000,000 6,000,000 8,000,000 30,000,000 26,000,000 29,000,000 30,000,000 10,000,000 14,000,000 34,000,000 6,000,000 22,000,000 11,600,000 18,200,000 6,700,000 3,100,000 
      (decrease) in accounts payable, accrued liabilities and income taxes payable
    		                                  42,000,000 176,000,000 -245,000,000   -7,000,000 -787,000,000                  37,000,000        
      payments on capital lease obligations
    		                                  -8,000,000 -4,000,000 -2,000,000 -2,000,000 -2,000,000   -3,000,000 -4,000,000 -6,000,000 -6,000,000 -8,000,000                     
      decrease (increase) in other assets, net of other liabilities
    		                                                                  
      (increase) in other assets, net of other liabilities
    		                                                                  
      decrease in notes payable
    		                                                      -38,000,000 -31,000,000 -18,000,000    -32,000,000      
      (decrease) in notes payable
    		                                        -48,000,000                  10,000,000        
      net gain on divestitures
    		                                                 0                 
      proceeds from divestitures
    		                                                 0                 
      effect of exchange rate changes
    		                                           191,000,000 97,000,000 -6,000,000 20,000,000 -5,000,000 -8,000,000 55,000,000   -1,000,000              
      (decrease) in accounts payable, accrued liabilities and income taxes
    		                                            -251,000,000  251,000,000                    
      increase in other assets, net of other liabilities
    		                                             14,000,000 -6,000,000 -6,000,000 -4,000,000 -10,000,000   -5,000,000              
      settlement of net investment hedges
    		                                                     8,000,000 22,000,000 14,000,000 -22,000,000 -15,000,000 4,000,000 -34,000,000 22,000,000 54,600,000 17,900,000 -36,500,000 -30,500,000 -35,600,000 
      net income on divestitures
    		                                                                  
      increase in accounts payable, accrued liabilities and income taxes
    		                                                -135,000,000      -10,000,000            
      net (decrease) in cash and equivalents
    		                                                -401,000,000                  
      increase in prepaid expenses and other current assets
    		                                                    -63,000,000              
      decrease in accounts payable, accrued liabilities and income taxes payable
    		                                                            -243,000,000  117,700,000    
      cash from investing activities:
    		                                                                  
      cash from investing activities
    		                                                  150,000,000 -61,000,000 221,000,000              
      reductions in long-term debt, including current portion
    		                                                  -2,000,000 -3,000,000 -42,000,000              
      note 1
    		                                                                  
      note 2
    		                                                                  
      note 3
    		                                                                  
      note 4
    		                                                                  
      note 5
    		                                                                  
      note 6
    		                                                                  
      note 7
    		                                                                  
      note 8
    		                                                                  
      note 9
    		                                                                  
      note 10
    		                                                                  
      note 11
    		                                                                  
      note 12
    		                                                                  
      loss on sale of umbro
    		                                                                  
      proceeds from the sale of umbro
    		                                                                  
      increase in prepaid expenses and other assets
    		                                                      -94,000,000 4,000,000 -59,000,000      -35,000,000 53,900,000 -54,600,000  
      purchases of investments
    		                                                      -378,000,000 -326,000,000 -1,197,000,000  -2,666,000,000 -1,610,000,000 -1,753,000,000  -850,200,000 -939,700,000 -640,300,000  
      maturities of investments
    		                                                      519,000,000 790,000,000 792,000,000  1,291,000,000 1,063,000,000 775,000,000  956,200,000 293,400,000 96,200,000  
      sales of investments
    		                                                      116,000,000 187,000,000 889,000,000  2,057,000,000 197,000,000 364,000,000  47,500,000 35,900,000 322,900,000  
      proceeds from the sale of property, plant and equipment
    		                                                      0 0 1,000,000      700,000 8,800,000 300,000  
      increase in other assets and liabilities
    		                                                      7,000,000 -5,000,000 -32,000,000  -6,000,000 -1,000,000 -3,000,000  -3,800,000    
      reduction in long-term debt, including current portion
    		                                                      -67,000,000 -2,000,000 -132,000,000  -2,000,000 -2,000,000 -2,000,000  -1,900,000 -1,800,000 -26,800,000  
      effect of exchange rate changes on cash
    		                                                      14,000,000 6,000,000 -7,000,000  14,000,000 6,000,000 3,000,000  -19,100,000 -13,300,000 -49,200,000  
      amortized intangible assets:
    		                                                                  
      patents
    		                                                      5,000,000 3,000,000 85,000,000  4,000,000 1,000,000 71,000,000  2,800,000 2,900,000 58,700,000  
      trademarks
    		                                                      1,000,000 1,000,000 45,000,000  1,000,000 0 42,000,000  600,000 700,000 38,100,000  
      other
    		                                                      1,000,000 -2,000,000 96,000,000  0 0 34,000,000  -3,300,000 500,000 36,500,000  
      total
    		                                                      7,000,000 2,000,000 226,000,000  5,000,000 1,000,000 147,000,000  100,000 4,100,000 133,300,000  
      unamortized intangible assets- trademarks
    		                                                                  
      identifiable intangible assets
    		                                                                  
      goodwill
    		                                                       -3,000,000 403,000,000   0 391,000,000      
      impairment of goodwill, intangibles and other assets
    		                                                                 0 
      changes in certain working capital components and other assets and liabilities excluding the impact of acquisition and divestitures:
    		                                                                  
      balance at may 31, 2008
    		                                                                  
      issuance of shares to employees
    		                                                                  
      forfeiture of shares from employees
    		                                                                  
      comprehensive income:
    		                                                                  
      other comprehensive income:
    		                                                                  
      foreign currency translation and other
    		                                                                  
      net gain on cash flow hedges
    		                                                                  
      net gain on net investment hedges
    		                                                                  
      reclassification to net income of previously deferred net gains related to hedge derivatives
    		                                                                  
      total comprehensive income
    		                                                                  
      balance at may 31, 2009
    		                                                                  
      reclassification of ineffective hedge gains to net income
    		                                                                  
      balance at may 31, 2010
    		                                                                  
      net income on cash flow hedges
    		                                                                  
      net income on net investment hedges
    		                                                                  
      balance at may 31, 2011
    		                                                                  
      decrease (increase) in prepaid expenses and other assets
    		                                                          -2,000,000 -3,000,000 13,000,000      
      unamortized intangible assets - trademarks
    		                                                                  
      gain on divestitures
    		                                                                  
      decrease (increase) in inventories
    		                                                             69,700,000 -36,800,000 157,100,000 94,600,000  
      maturities and sales of short-term investments
    		                                                                  
      acquisition of subsidiary, net of cash acquired
    		                                                                  
      balance at may 31, 2007
    		                                                                  
      comprehensive income
    		                                                                  
      realized foreign currency translation gain due to divestiture
    		                                                                  
      reclassification to net income of previously deferred losses related to hedge derivatives
    		                                                                  
      adoption of fin 48
    		                                                                  
      adoption of eitf 06-2 sabbaticals
    		                                                                  
      decrease (increase) in prepaid expenses and other current assets
    		                                                                  
      proceeds from issuance of long-term debt
    		                                                                  
      balance at may 31, 2006
    		                                                                  
      adoption of fas 158
    		                                                                  
      gain on divestiture
    		                                                                  
      acquisition of shares of umbro plc
    		                                                                  
      proceeds from divestiture
    		                                                                  
      goodwill, may 31, 2008
    		                                                                  
      purchase price adjustments
    		                                                                  
      impairment charge
    		                                                                  
      goodwill, february 28, 2009
    		                                                                  
      income charges not affecting cash:
    		                                                                  
      income tax benefit from exercise of stock options
    		                                                                  
      balance at may 31, 2004
    		                                                                  
      foreign currency translation
    		                                                                  
      adjustment for fair value of hedge derivatives
    		                                                                  
      balance at may 31, 2005
    		                                                                  
      changes in certain working capital components:
    		                                                                  
      increase in prepaids and other current assets
    		                                                                  
      increase in other assets
    		                                                                  
      increase in other liabilities
    		                                                                  
      proceeds from long-term debt issuance
    		                                                                  
      reductions in long-term debt including current portion
    		                                                                  
      repurchase of stock
    		                                                                  
      balance at may 31, 2003
    		                                                                  
      amortization of unearned compensation
    		                                                                  
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.