SEGMENT INFORMATION (Tables)

3 Months Ended

Aug. 31, 2022

Segment Reporting [Abstract]

Summary of Businesses Results

	Three Months Ended August 31,
(in millions)	2022		2021
Cloud and license:
Revenues	$	9,321	$	8,184
Cloud services and license support expenses		1,620		1,153
Sales and marketing expenses		1,930		1,626
Margin(1)	$	5,771	$	5,405
Hardware:
Revenues	$	763	$	763
Hardware products and support expenses		243		238
Sales and marketing expenses		79		89
Margin(1)	$	441	$	436
Services:
Revenues	$	1,361	$	781
Services expenses		1,007		609
Margin(1)	$	354	$	172
Totals:
Revenues	$	11,445	$	9,728
Expenses		4,879		3,715
Margin(1)	$	6,566	$	6,013

⁽¹⁾ The margins reported reflect only the direct controllable costs of each line of business and do not include allocations of research and development, general and administrative and certain other allocable expenses, net. Additionally, the margins reported above do not reflect amortization of intangible assets, acquisition related and other expenses, restructuring expenses, stock-based compensation, interest expense or certain other non-operating expenses, net. Refer to the table below for a reconciliation of our total margin for operating segments to our income before income taxes as reported per our condensed consolidated statements of operations.

Reconciliation of Total Operating Segment Margin to Income before Income Taxes

	Three Months Ended August 31,
(in millions)	2022			2021
Total margin for operating segments	$	6,566		$	6,013
Research and development		(2,093	)		(1,684	)
General and administrative		(411	)		(298	)
Amortization of intangible assets		(919	)		(303	)
Acquisition related and other		(41	)		(21	)
Restructuring		(144	)		(38	)
Stock-based compensation for operating segments		(244	)		(152	)
Expense allocations and other, net		(91	)		(90	)
Interest expense		(787	)		(705	)
Non-operating expenses, net		(180	)		(41	)
Income before income taxes	$	1,656		$	2,681

Disaggregation of Revenue by Geography and Ecosystem

	Three Months Ended August 31,
(in millions)	2022		2021
Americas	$	7,192	$	5,321
EMEA(1)		2,691		2,784
Asia Pacific		1,562		1,623
Total revenues	$	11,445	$	9,728

⁽¹⁾ Comprised of Europe, the Middle East and Africa

	Three Months Ended August 31,
(in millions)	2022		2021
Cloud services	$	3,579	$	2,461
License support		4,838		4,910
Total cloud services and license support revenues	$	8,417	$	7,371

	Three Months Ended August 31,
(in millions)	2022		2021
Applications cloud services and license support	$	4,016	$	3,041
Infrastructure cloud services and license support		4,401		4,330
Total cloud services and license support revenues	$	8,417	$	7,371