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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Aug. 31, 2022
Aug. 31, 2021
Revenues:    
Cloud services and license support $ 8,417 $ 7,371
Cloud license and on-premise license 904 813
Hardware 763 763
Services 1,361 781
Total revenues 11,445 9,728
Operating expenses:    
Cloud services and license support [1] 1,735 1,214
Hardware [1] 249 245
Services [1] 1,053 644
Sales and marketing [1] 2,177 1,854
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
Total operating expenses 8,822 6,301
Operating income 2,623 3,427
Interest expense (787) (705)
Non-operating expenses, net (180) (41)
Income before income taxes 1,656 2,681
Provision for income taxes 108 224
Net income $ 1,548 $ 2,457
Earnings per share:    
Basic $ 0.58 $ 0.89
Diluted $ 0.56 $ 0.86
Weighted average common shares outstanding:    
Basic 2,685 2,769
Diluted 2,747 2,861
[1] Exclusive of amortization of intangible assets, which is shown separately.