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ACQUISITIONS (Tables)
6 Months Ended
Nov. 30, 2016
Business Combinations [Abstract]  
Fair Values of Net Assets Acquired from NetSuite

 

(in millions)

 

 

 

 

Cash and cash equivalents

 

$

481

 

Trade receivables, net

 

 

32

 

Other assets

 

 

121

 

Intangible assets

 

 

3,157

 

Goodwill

 

 

6,696

 

Accounts payable and other liabilities

 

 

(134

)

Deferred revenues

 

 

(153

)

Debt

 

 

(342

)

Deferred tax liabilities, net

 

 

(782

)

Total

 

$

9,076

 

 

Unaudited Pro Forma Financial Information

 

 

 

Three Months Ended

November 30,

 

 

Six Months Ended

November 30,

 

(in millions, except per share data)

 

2016

 

 

2015

 

 

2016

 

 

2015

 

Total revenues

 

$

9,213

 

 

$

9,254

 

 

$

18,045

 

 

$

17,950

 

Net income

 

$

1,920

 

 

$

1,990

 

 

$

3,591

 

 

$

3,537

 

Basic earnings per share

 

$

0.47

 

 

$

0.47

 

 

$

0.87

 

 

$

0.83

 

Diluted earnings per share

 

$

0.46

 

 

$

0.46

 

 

$

0.85

 

 

$

0.81