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Computation of Earnings Per Share (Tables)
12 Months Ended
May 31, 2024
Computation Of Earnings Per Share Tables [Abstract]  
Schedule of Basic and Diluted Earnings Per Common Share

The calculation of basic and diluted earnings per common share for the years ended May 31 was as follows (in millions, except per share amounts):

 

 

2024

 

 

2023

 

 

2022

 

Basic earnings per common share:

 

 

 

 

 

 

 

 

 

Net earnings allocable to common shares(1)

 

$

4,325

 

 

$

3,966

 

 

$

3,819

 

Weighted-average common shares

 

 

248

 

 

 

254

 

 

 

263

 

Basic earnings per common share

 

$

17.41

 

 

$

15.60

 

 

$

14.54

 

 

 

 

 

 

 

 

 

 

 

Diluted earnings per common share:

 

 

 

 

 

 

 

 

 

Net earnings allocable to common shares(1)

 

$

4,325

 

 

$

3,966

 

 

$

3,819

 

Weighted-average common shares

 

 

248

 

 

 

254

 

 

 

263

 

Dilutive effect of share-based awards

 

 

3

 

 

 

2

 

 

 

3

 

Weighted-average diluted shares

 

 

251

 

 

 

256

 

 

 

266

 

Diluted earnings per common share

 

$

17.21

 

 

$

15.48

 

 

$

14.33

 

 

 

 

 

 

 

 

 

 

 

Anti-dilutive options excluded from diluted earnings per common share

 

 

5.8

 

 

 

7.4

 

 

 

4.0

 

 

(1)
Net earnings available to participating securities were immaterial in all periods presented.