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Computation of Earnings Per Share (Tables)
6 Months Ended
Nov. 30, 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 periods ended November 30 was as follows (in millions, except per share amounts):

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

Basic earnings per common share:

 

 

 

 

 

 

 

 

 

 

 

 

Net earnings allocable to common shares(1)

 

$

739

 

 

$

898

 

 

$

1,533

 

 

$

1,975

 

Weighted-average common shares

 

 

242

 

 

 

250

 

 

 

243

 

 

 

251

 

Basic earnings per common share

 

$

3.06

 

 

$

3.59

 

 

$

6.30

 

 

$

7.88

 

Diluted earnings per common share:

 

 

 

 

 

 

 

 

 

 

 

 

Net earnings allocable to common shares(1)

 

$

739

 

 

$

898

 

 

$

1,533

 

 

$

1,975

 

Weighted-average common shares

 

 

242

 

 

 

250

 

 

 

243

 

 

 

251

 

Dilutive effect of share-based awards

 

 

2

 

 

 

3

 

 

 

3

 

 

 

3

 

Weighted-average diluted shares

 

 

244

 

 

 

253

 

 

 

246

 

 

 

254

 

Diluted earnings per common share

 

$

3.03

 

 

$

3.55

 

 

$

6.24

 

 

$

7.79

 

Anti-dilutive options excluded from diluted earnings per
   common share

 

 

4.0

 

 

 

6.3

 

 

 

4.2

 

 

 

6.3

 

(1)
Net earnings available to participating securities were $2 million and $2 million for the three-month periods ended November 30, 2024 and 2023, respectively, and $2 million and $3 million for the six-month periods ended November 30, 2024 and 2023, respectively.