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Earnings Per Share
6 Months Ended
Nov. 30, 2014
Earnings Per Share [Abstract]  
Earnings Per Share
NOTE 7 — Earnings Per Share
The following is a reconciliation from basic earnings per common share to diluted earnings per common share. The computation of diluted earnings per common share omitted options to purchase an additional 9.1 million and 7.9 million shares of common stock outstanding for the three month periods ended November 30, 2014 and 2013, respectively, and options to purchase an additional 0.1 million and 0.1 million shares of common stock outstanding for the six month periods ended November 30, 2014 and 2013, respectively, because the options were anti-dilutive.
 
 
Three Months Ended November 30,
 
Six Months Ended November 30,
(In millions, except per share data)
 
2014
 
2013
 
2014
 
2013
Determination of shares:
 
 
 
 
 
 
 
 
Weighted average common shares outstanding
 
863.1

 
888.0

 
864.0

 
888.7

Assumed conversion of dilutive stock options and awards
 
21.7

 
22.6

 
21.8

 
22.0

DILUTED WEIGHTED AVERAGE COMMON SHARES OUTSTANDING
 
884.8

 
910.6

 
885.8

 
910.7

 
 
 
 
 
 
 
 
 
Earnings per common share:
 
 
 
 
 
 
 
 
Basic
 
$
0.76

 
$
0.60

 
$
1.87

 
$
1.48

Diluted
 
$
0.74

 
$
0.59

 
$
1.83

 
$
1.44