XML 14 R4.htm IDEA: XBRL DOCUMENT v3.8.0.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Nov. 30, 2017
Nov. 30, 2016
Nov. 30, 2017
Nov. 30, 2016
Revenues:        
Cloud software as a service $ 1,123 $ 725 $ 2,189 $ 1,382
Cloud platform as a service and infrastructure as a service 396 328 797 639
Total cloud revenues 1,519 1,053 2,986 2,021
New software licenses 1,353 1,347 2,319 2,377
Software license updates and product support 4,953 4,777 9,904 9,570
Total on-premise software revenues 6,306 6,124 12,223 11,947
Total cloud and on-premise software revenues 7,825 7,177 15,209 13,968
Hardware revenues 940 1,014 1,884 2,010
Services revenues 856 844 1,716 1,652
Total revenues 9,621 9,035 18,809 17,630
Operating expenses:        
Cloud software as a service [1] 396 316 770 600
Cloud platform as a service and infrastructure as a service [1] 241 156 468 288
Software license updates and product support [1] 257 242 515 516
Hardware [1] 351 386 724 776
Services [1] 720 697 1,422 1,393
Sales and marketing [1] 2,082 1,960 4,074 3,879
Research and development 1,475 1,510 3,049 3,030
General and administrative 321 303 642 618
Amortization of intangible assets 400 302 811 613
Acquisition related and other 17 40 28 54
Restructuring 292 86 416 185
Total operating expenses 6,552 5,998 12,919 11,952
Operating income 3,069 3,037 5,890 5,678
Interest expense (475) (451) (944) (867)
Non-operating income, net 273 99 505 247
Income before provision for income taxes 2,867 2,685 5,451 5,058
Provision for income taxes 634 653 1,009 1,194
Net income $ 2,233 $ 2,032 $ 4,442 $ 3,864
Earnings per share:        
Basic (in dollars per share) $ 0.54 $ 0.50 $ 1.07 $ 0.94
Diluted (in dollars per share) $ 0.52 $ 0.48 $ 1.04 $ 0.92
Weighted average common shares outstanding:        
Basic (in shares) 4,160 4,104 4,158 4,112
Diluted (in shares) 4,283 4,195 4,283 4,208
Dividends declared per common share (in dollars per share) $ 0.19 $ 0.15 $ 0.38 $ 0.30
[1] Exclusive of amortization of intangible assets, which is shown separately.