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ACQUISITIONS (Tables)
12 Months Ended
May 31, 2023
Business Combinations [Abstract]  
Fair Values of Net Assets Acquired from Cerner

(in millions)

 

 

 

Cash and marketable securities

 

$

769

 

Trade receivables, net

 

 

854

 

Property, plant and equipment, net

 

 

1,512

 

Intangible assets

 

 

11,972

 

Goodwill

 

 

18,618

 

Other assets

 

 

520

 

Accounts payable and other liabilities

 

 

(1,691

)

Deferred revenues

 

 

(305

)

Senior notes and other borrowings

 

 

(1,600

)

Deferred tax liabilities, net

 

 

(2,424

)

Total

 

$

28,225

 

Unaudited Pro Forma Financial Information

 

 

Year Ended May 31,

 

(in millions, except per share data)

 

2023

 

 

2022

 

Total revenues

 

$

50,065

 

 

$

48,218

 

Net income

 

$

8,456

 

 

$

4,988

 

Basic earnings per share

 

$

3.14

 

 

$

1.85

 

Diluted earnings per share

 

$

3.06

 

 

$

1.79