Operating Segments (Tables)

9 Months Ended

Feb. 29, 2020

Schedule of Segment Reporting Information, by Segment

Accounts receivable, net, Inventories and Property, plant and equipment, net for operating segments are regularly reviewed by management and are therefore provided below.



	THREE MONTHS ENDED						NINE MONTHS ENDED
(Dollars in millions)	FEBRUARY 29, 2020			FEBRUARY 28, 2019			FEBRUARY 29, 2020			FEBRUARY 28, 2019
REVENUES
North America	$	3,979		$	3,810		$	12,254		$	11,737
Europe, Middle East & Africa	2,709			2,435			8,019			7,355
Greater China	1,506			1,588			5,032			4,511
Asia Pacific & Latin America	1,414			1,307			4,227			3,875
Global Brand Divisions	8			8			24			33
Total NIKE Brand	9,616			9,148			29,556			27,511
Converse	506			463			1,541			1,415
Corporate	(18		)	—			(7		)	7
TOTAL NIKE, INC. REVENUES	$	10,104		$	9,611		$	31,090		$	28,933
EARNINGS BEFORE INTEREST AND TAXES
North America	$	937		$	916		$	2,912		$	2,877
Europe, Middle East & Africa	575			538			1,694			1,489
Greater China	556			639			1,919			1,702
Asia Pacific & Latin America	387			339			1,105			983
Global Brand Divisions	(895		)	(788		)	(2,624		)	(2,432		)
Converse	96			79			324			221
Corporate	(763		)	(420		)	(1,600		)	(1,245		)
Interest expense (income), net	12			12			39			37
TOTAL NIKE, INC. INCOME BEFORE INCOME TAXES	$	881		$	1,291		$	3,691		$	3,558

Reconciliation of Assets from Segment to Consolidated



	FEBRUARY 29,		MAY 31,
(Dollars in millions)	2020		2019
ACCOUNTS RECEIVABLE, NET
North America	$	1,747	$	1,718
Europe, Middle East & Africa	1,297		1,164
Greater China	398		245
Asia Pacific & Latin America⁽¹⁾	587		771
Global Brand Divisions	108		105
Total NIKE Brand	4,137		4,003
Converse	290		243
Corporate	46		26
TOTAL ACCOUNTS RECEIVABLE, NET	$	4,473	$	4,272
INVENTORIES
North America	$	2,222	$	2,328
Europe, Middle East & Africa	1,501		1,390
Greater China	916		693
Asia Pacific & Latin America⁽¹⁾	614		694
Global Brand Divisions	198		126
Total NIKE Brand	5,451		5,231
Converse	280		269
Corporate	76		122
TOTAL INVENTORIES	$	5,807	$	5,622



	FEBRUARY 29,		MAY 31,
(Dollars in millions)	2020		2019
PROPERTY, PLANT AND EQUIPMENT, NET
North America	$	655	$	814
Europe, Middle East & Africa	857		929
Greater China	219		237
Asia Pacific & Latin America⁽¹⁾	298		326
Global Brand Divisions	800		665
Total NIKE Brand	2,829		2,971
Converse	84		100
Corporate	1,870		1,673
TOTAL PROPERTY, PLANT AND EQUIPMENT, NET	$	4,783	$	4,744

(1)

Excludes assets held-for-sale as of February 29, 2020. See Note 14 — Acquisitions and Divestitures for additional information.