XML 27 R2.htm IDEA: XBRL DOCUMENT v3.19.2
Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
12 Months Ended
May 31, 2019
May 31, 2018
May 31, 2017
Income Statement [Abstract]      
Revenues $ 39,117 $ 36,397 $ 34,350
Cost of sales 21,643 20,441 19,038
Gross profit 17,474 15,956 15,312
Demand creation expense 3,753 3,577 3,341
Operating overhead expense 8,949 7,934 7,222
Total selling and administrative expense 12,702 11,511 10,563
Interest expense (income), net 49 54 59
Other (income) expense, net (78) 66 (196)
Income before income taxes 4,801 4,325 4,886
Income tax expense 772 2,392 646
NET INCOME $ 4,029 $ 1,933 $ 4,240
Earnings per common share:      
Basic (in dollars per share) $ 2.55 $ 1.19 $ 2.56
Diluted (in dollars per share) $ 2.49 $ 1.17 $ 2.51
Weighted average common shares outstanding:      
Basic (in shares) 1,579.7 1,623.8 1,657.8
Diluted (in shares) 1,618.4 1,659.1 1,692.0