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Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
12 Months Ended
May 31, 2020
May 31, 2019
May 31, 2018
Income Statement [Abstract]      
Revenues $ 37,403 $ 39,117 $ 36,397
Cost of sales 21,162 21,643 20,441
Gross profit 16,241 17,474 15,956
Demand creation expense 3,592 3,753 3,577
Operating overhead expense 9,534 8,949 7,934
Total selling and administrative expense 13,126 12,702 11,511
Interest expense (income), net 89 49 54
Other (income) expense, net 139 (78) 66
Income before income taxes 2,887 4,801 4,325
Income tax expense 348 772 2,392
NET INCOME $ 2,539 $ 4,029 $ 1,933
Earnings per common share:      
Basic (in dollars per share) $ 1.63 $ 2.55 $ 1.19
Diluted (in dollars per share) $ 1.60 $ 2.49 $ 1.17
Weighted average common shares outstanding:      
Basic (in shares) 1,558.8 1,579.7 1,623.8
Diluted (in shares) 1,591.6 1,618.4 1,659.1