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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Aug. 31, 2017
Aug. 31, 2016
Revenues:    
Cloud software as a service $ 1,067 $ 657
Cloud platform as a service and infrastructure as a service 400 312
Total cloud revenues 1,467 969
New software licenses 966 1,030
Software license updates and product support 4,951 4,792
Total on-premise software revenues 5,917 5,822
Total cloud and on-premise software revenues 7,384 6,791
Hardware revenues 943 996
Services revenues 860 808
Total revenues 9,187 8,595
Operating expenses:    
Cloud software as a service [1] 374 283
Cloud platform as a service and infrastructure as a service [1] 227 132
Software license updates and product support [1] 257 275
Hardware [1] 373 391
Services [1] 702 695
Sales and marketing [1] 1,992 1,919
Research and development 1,574 1,520
General and administrative 320 315
Amortization of intangible assets 411 311
Acquisition related and other 12 14
Restructuring 124 99
Total operating expenses 6,366 5,954
Operating income 2,821 2,641
Interest expense (469) (416)
Non-operating income, net 233 148
Income before provision for income taxes 2,585 2,373
Provision for income taxes 375 541
Net income $ 2,210 $ 1,832
Earnings per share:    
Basic (in dollars per share) $ 0.53 $ 0.44
Diluted (in dollars per share) $ 0.52 $ 0.43
Weighted average common shares outstanding:    
Basic (in shares) 4,156 4,119
Diluted (in shares) 4,284 4,221
Dividends declared per common share (in dollars per share) $ 0.19 $ 0.15
[1] Exclusive of amortization of intangible assets, which is shown separately.