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ACQUISITIONS (Tables)
12 Months Ended
May 31, 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

 

 

112

 

Intangible assets

 

 

3,157

 

Goodwill

 

 

6,738

 

Accounts payable and other liabilities

 

 

(133

)

Deferred revenues

 

 

(162

)

Debt

 

 

(342

)

Deferred tax liabilities, net

 

 

(803

)

Total

 

$

9,080

 

 

Unaudited Pro Forma Financial Information

 

 

 

Year Ended May 31,

 

(in millions, except per share data)

 

2017

 

 

2016

 

Total revenues

 

$

38,279

 

 

$

38,233

 

Net income

 

$

9,007

 

 

$

8,086

 

Basic earnings per share

 

$

2.19

 

 

$

1.92

 

Diluted earnings per share

 

$

2.13

 

 

$

1.87