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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Feb. 28, 2021
Feb. 29, 2020
Feb. 28, 2021
Feb. 29, 2020
Revenues:        
Cloud services and license support $ 7,252 $ 6,930 $ 21,311 $ 20,546
Cloud license and on-premise license 1,276 1,231 3,254 3,169
Hardware 820 857 2,478 2,542
Services 737 778 2,209 2,372
Total revenues 10,085 9,796 29,252 28,629
Operating expenses:        
Cloud services and license support [1] 1,064 991 3,139 2,994
Hardware [1] 230 271 719 828
Services 621 702 1,875 2,147
Sales and marketing [1] 1,915 2,049 5,605 6,135
Research and development 1,621 1,500 4,812 4,588
General and administrative 330 288 949 903
Amortization of intangible assets 347 400 1,037 1,221
Acquisition related and other 13 7 107 44
Restructuring 66 60 337 181
Total operating expenses 6,207 6,268 18,580 19,041
Operating income 3,878 3,528 10,672 9,588
Interest expense (585) (456) (1,799) (1,416)
Non-operating (expenses) income, net (17) 4 (30) 195
Income before benefit from (provision for) income taxes 3,276 3,076 8,843 8,367
Benefit from (provision for) income taxes 1,745 (505) 871 (1,348)
Net income $ 5,021 $ 2,571 $ 9,714 $ 7,019
Earnings per share:        
Basic $ 1.72 $ 0.81 $ 3.26 $ 2.16
Diluted $ 1.68 $ 0.79 $ 3.19 $ 2.10
Weighted average common shares outstanding:        
Basic 2,913 3,190 2,977 3,251
Diluted 2,994 3,271 3,049 3,337
[1] Exclusive of amortization of intangible assets, which is shown separately.