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ACQUISITIONS (Tables)
6 Months Ended
Nov. 30, 2022
Business Combinations [Abstract]  
Fair Values of Net Assets Acquired from Cerner

(in millions)

 

 

 

 

Cash and marketable securities

 

$

769

 

Trade receivables, net

 

 

843

 

Property, plant and equipment, net

 

 

1,514

 

Intangible assets

 

 

11,972

 

Goodwill

 

 

17,777

 

Other assets

 

 

837

 

Accounts payable and other liabilities

 

 

(979

)

Deferred revenues

 

 

(297

)

Senior notes and other borrowings

 

 

(1,600

)

Deferred tax liabilities, net

 

 

(2,611

)

Total

 

$

28,225

 

Unaudited Pro Forma Financial Information

 

 

Three Months Ended

November 30,

 

 

Six Months Ended

November 30,

 

(in millions, except per share data)

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Total revenues

 

$

12,275

 

 

$

11,820

 

 

$

23,831

 

 

$

22,998

 

Net income (loss)

 

$

1,741

 

 

$

(1,649

)

 

$

3,242

 

 

$

203

 

Basic earnings (loss) per share

 

$

0.65

 

 

$

(0.61

)

 

$

1.21

 

 

$

0.07

 

Diluted earnings (loss) per share

 

$

0.63

 

 

$

(0.61

)

 

$

1.18

 

 

$

0.07