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ACQUISITIONS (Tables)
9 Months Ended
Feb. 28, 2017
Business Combinations [Abstract]  
Fair Values of Net Assets Acquired from NetSuite

 

(in millions)

 

 

 

 

Cash and cash equivalents

 

$

481

 

Trade receivables, net

 

 

32

 

Other assets

 

 

111

 

Intangible assets

 

 

3,157

 

Goodwill

 

 

6,713

 

Accounts payable and other liabilities

 

 

(132

)

Deferred revenues

 

 

(163

)

Debt

 

 

(342

)

Deferred tax liabilities, net

 

 

(777

)

Total

 

$

9,080

 

 

Unaudited Pro Forma Financial Information

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

(in millions, except per share data)

 

February 28, 2017

 

 

February 29, 2016

 

 

February 28, 2017

 

 

February 29, 2016

 

Total revenues

 

$

9,221

 

 

$

9,306

 

 

$

27,313

 

 

$

27,295

 

Net income

 

$

2,228

 

 

$

1,932

 

 

$

5,797

 

 

$

5,454

 

Basic earnings per share

 

$

0.54

 

 

$

0.46

 

 

$

1.41

 

 

$

1.28

 

Diluted earnings per share

 

$

0.53

 

 

$

0.45

 

 

$

1.38

 

 

$

1.26