Operating Segments (Tables)

9 Months Ended

Feb. 28, 2019

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

	Three Months Ended February 28,						Nine Months Ended February 28,
(In millions)	2019			2018			2019			2018
REVENUES
North America	$	3,810		$	3,571		$	11,737		$	10,980
Europe, Middle East & Africa	2,435			2,299			7,355			6,776
Greater China	1,588			1,336			4,511			3,666
Asia Pacific & Latin America	1,307			1,268			3,875			3,730
Global Brand Divisions	8			21			33			64
Total NIKE Brand	9,148			8,495			27,511			25,216
Converse	463			483			1,415			1,374
Corporate	—			6			7			18
TOTAL NIKE, INC. REVENUES	$	9,611		$	8,984		$	28,933		$	26,608
EARNINGS BEFORE INTEREST AND TAXES
North America	$	916		$	840		$	2,877		$	2,625
Europe, Middle East & Africa	538			417			1,489			1,205
Greater China	639			496			1,702			1,268
Asia Pacific & Latin America	339			298			983			849
Global Brand Divisions	(788		)	(649		)	(2,432		)	(1,926		)
Total NIKE Brand	1,644			1,402			4,619			4,021
Converse	79			69			221			206
Corporate	(420		)	(299		)	(1,245		)	(1,075		)
Total NIKE, Inc. Earnings Before Interest and Taxes	1,303			1,172			3,595			3,152
Interest expense (income), net	12			13			37			42
TOTAL NIKE, INC. INCOME BEFORE INCOME TAXES	$	1,291		$	1,159		$	3,558		$	3,110

Reconciliation of Assets from Segment to Consolidated

	As of February 28,		As of May 31,
(In millions)	2019		2018
ACCOUNTS RECEIVABLE, NET(1)
North America	$	1,810	$	1,443
Europe, Middle East & Africa	1,241		870
Greater China	289		101
Asia Pacific & Latin America	783		720
Global Brand Divisions	111		102
Total NIKE Brand	4,234		3,236
Converse	281		240
Corporate	34		22
TOTAL ACCOUNTS RECEIVABLE, NET	$	4,549	$	3,498
INVENTORIES
North America	$	2,260	$	2,270
Europe, Middle East & Africa	1,271		1,433
Greater China	723		580
Asia Pacific & Latin America	708		687
Global Brand Divisions	96		91
Total NIKE Brand	5,058		5,061
Converse	259		268
Corporate	98		(68		)
TOTAL INVENTORIES	$	5,415	$	5,261
PROPERTY, PLANT AND EQUIPMENT, NET
North America	$	838	$	848
Europe, Middle East & Africa	921		849
Greater China	244		256
Asia Pacific & Latin America	321		339
Global Brand Divisions	631		597
Total NIKE Brand	2,955		2,889
Converse	105		115
Corporate	1,628		1,450
TOTAL PROPERTY, PLANT AND EQUIPMENT, NET	$	4,688	$	4,454

(1) Accounts receivable, net as of February 28, 2019reflects the Company’s fiscal 2019 adoption of Topic 606. Refer to Note 1 — Summary of Significant Accounting Policies for additional information on the adoption of the new standard.