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Summary of Significant Accounting Policies (Tables)
6 Months Ended
Nov. 30, 2015
Accounting Policies [Abstract]  
Schedule of Error Corrections and Prior Period Adjustments
For the six months ended November 30, 2014 of fiscal 2015, the revisions increased Cash provided by operations and decreased Effect of exchange rate changes on cash and equivalents by $312 million. These amounts have been reflected in the table below. As part of the revision to the Consolidated Statements of Cash Flows, the Company has updated its presentation to separately report Net foreign currency adjustments, which was previously included within Amortization and other.
 
 
NIKE, Inc. Unaudited Condensed Consolidated Statements of Cash Flows
 
 
Six Months Ended November 30, 2014
(In millions)
 
As Reported
 
Adjustment
 
As Revised
Cash provided by operations:
 
 
 
 
 
 
Net income
 
$
1,617

 
$

 
$
1,617

Income charges (credits) not affecting cash:
 
 
 
 
 
 
Amortization and other
 
(54
)
 
69

 
15

Net foreign currency adjustments
 

 
243

 
243

Cash provided by operations
 
1,235

 
312

 
1,547

Effect of exchange rate changes on cash and equivalents
 
288

 
(312
)
 
(24
)
Net increase (decrease) in cash and equivalents
 
53

 

 
53

Cash and equivalents, beginning of period
 
2,220

 

 
2,220

CASH AND EQUIVALENTS, END OF PERIOD
 
$
2,273

 
$

 
$
2,273