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Earnings Per Share
12 Months Ended
May 31, 2016
Earnings Per Share [Abstract]  
Earnings Per Share
NOTE 12 — Earnings Per Share
The following is a reconciliation from basic earnings per common share to diluted earnings per common share. The computations of diluted earnings per common share excluded options, including shares under employee stock purchase plans (“ESPPs”), to purchase an additional 0.2 million, 1.7 million and 1.5 million shares of common stock outstanding for the years ended May 31, 2016, 2015 and 2014, respectively, because the options were anti-dilutive.
 
 
Year Ended May 31,
(In millions, except per share data)
 
2016
 
2015
 
2014
Determination of shares:
 
 
 
 
 
 
Weighted average common shares outstanding
 
1,697.9

 
1,723.5

 
1,766.7

Assumed conversion of dilutive stock options and awards
 
44.6

 
45.3

 
44.9

DILUTED WEIGHTED AVERAGE COMMON SHARES OUTSTANDING
 
1,742.5

 
1,768.8

 
1,811.6

 
 
 
 
 
 
 
Earnings per common share:
 
 
 
 
 
 
Basic
 
$
2.21

 
$
1.90

 
$
1.52

Diluted
 
$
2.16

 
$
1.85

 
$
1.49