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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Nov. 30, 2020
Nov. 30, 2019
Nov. 30, 2020
Nov. 30, 2019
Revenues:        
Cloud services and license support $ 7,112 $ 6,811 $ 14,059 $ 13,616
Cloud license and on-premise license 1,092 1,126 1,978 1,937
Hardware 844 871 1,658 1,686
Services 752 806 1,472 1,593
Total revenues 9,800 9,614 19,167 18,832
Operating expenses:        
Cloud services and license support [1] 1,064 1,022 2,075 2,003
Hardware [1] 244 285 490 557
Services 631 741 1,254 1,445
Sales and marketing [1] 1,836 2,068 3,690 4,086
Research and development 1,601 1,531 3,190 3,088
General and administrative 324 323 619 615
Amortization of intangible assets 345 407 690 821
Acquisition related and other 76 12 95 37
Restructuring 96 42 270 120
Total operating expenses 6,217 6,431 12,373 12,772
Operating income 3,583 3,183 6,794 6,060
Interest expense (600) (465) (1,214) (959)
Non-operating (expenses) income, net (11) 92 (13) 191
Income before provision for income taxes 2,972 2,810 5,567 5,292
Provision for income taxes 530 499 874 844
Net income $ 2,442 $ 2,311 $ 4,693 $ 4,448
Earnings per share:        
Basic $ 0.82 $ 0.71 $ 1.56 $ 1.36
Diluted $ 0.80 $ 0.69 $ 1.53 $ 1.32
Weighted average common shares outstanding:        
Basic 2,977 3,245 3,009 3,281
Diluted 3,046 3,331 3,076 3,370
[1] Exclusive of amortization of intangible assets, which is shown separately.