XML 21 R19.htm IDEA: XBRL DOCUMENT v3.19.3
Revenues
3 Months Ended
Aug. 31, 2019
Revenue from Contract with Customer [Abstract]  
Revenues
NOTE 11 — REVENUES
DISAGGREGATION OF REVENUES
The following tables present the Company's revenues disaggregated by reportable operating segment, major product line and by distribution channel:
 
THREE MONTHS ENDED AUGUST 31, 2019
(Dollars in millions)
NORTH AMERICA

EUROPE, MIDDLE EAST & AFRICA

GREATER CHINA

ASIA PACIFIC & LATIN AMERICA

GLOBAL BRAND DIVISIONS

TOTAL NIKE BRAND

CONVERSE

CORPORATE

TOTAL NIKE, INC.

Revenues by:
 
 
 
 
 
 
 
 
 
Footwear
$
2,669

$
1,758

$
1,164

$
930

$

$
6,521

$
496

$

$
7,017

Apparel
1,431

869

465

356


3,121

26


3,147

Equipment
193

146

50

59


448

9


457

Other(1)




6

6

24

9

39

TOTAL REVENUES
$
4,293

$
2,773

$
1,679

$
1,345

$
6

$
10,096

$
555

$
9

$
10,660

Revenues by:
 
 
 
 
 
 
 
 
 
Sales to Wholesale Customers
$
2,864

$
2,042

$
986

$
950

$

$
6,842

$
367

$

$
7,209

Sales through Direct to Consumer
1,429

731

693

395


3,248

164


3,412

Other(1)




6

6

24

9

39

TOTAL REVENUES
$
4,293

$
2,773

$
1,679

$
1,345

$
6

$
10,096

$
555

$
9

$
10,660

(1)
Other revenues for Global Brand Divisions and Converse are primarily attributable to licensing businesses. Other revenues for Corporate primarily consist of foreign currency hedge gains and losses related to revenues generated by entities within the NIKE Brand geographic operating segments and Converse but managed through the Company's central foreign exchange risk management program.
 
THREE MONTHS ENDED AUGUST 31, 2018
(Dollars in millions)
NORTH AMERICA

EUROPE, MIDDLE EAST & AFRICA

GREATER CHINA

ASIA PACIFIC & LATIN AMERICA

GLOBAL BRAND DIVISIONS

TOTAL NIKE BRAND

CONVERSE

CORPORATE

TOTAL NIKE, INC.

Revenues by:
 
 
 
 
 
 
 
 
 
Footwear
$
2,555

$
1,642

$
958

$
881

$

$
6,036

$
461

$

$
6,497

Apparel
1,407

830

380

332


2,949

30


2,979

Equipment
183

135

41

57


416

8


424

Other(1)




16

16

28

4

48

TOTAL REVENUES
$
4,145

$
2,607

$
1,379

$
1,270

$
16

$
9,417

$
527

$
4

$
9,948

Revenues by:









Sales to Wholesale Customers
$
2,829

$
1,916

$
871

$
934

$

$
6,550

$
366

$

$
6,916

Sales through Direct to Consumer
1,316

691

508

336


2,851

133


2,984

Other(1)




16

16

28

4

48

TOTAL REVENUES
$
4,145

$
2,607

$
1,379

$
1,270

$
16

$
9,417

$
527

$
4

$
9,948

(1)
Other revenues for Global Brand Divisions and Converse are primarily attributable to licensing businesses. Other revenues for Corporate primarily consist of foreign currency hedge gains and losses related to revenues generated by entities within the NIKE Brand geographic operating segments and Converse but managed through the Company's central foreign exchange risk management program.
As of August 31, 2019 and May 31, 2019, the Company did not have any contract assets and had an immaterial amount of contract liabilities recorded in Accrued Liabilities on the Unaudited Condensed Consolidated Balance Sheets.