Earnings Per Share

12 Months Ended

May 31, 2020

Earnings Per Share [Abstract]

Earnings Per Share

NOTE 12 — EARNINGS PER SHARE

The following is a reconciliation from basic earnings per common share to diluted earnings per common share. The computations of diluted earnings per common share excluded options, including shares under ESPPs, and restricted stock to purchase an additional 30.6 million, 17.5 million and 42.9 million shares of common stock outstanding for the fiscal years ended May 31, 2020, 2019 and 2018, respectively, because the options and restricted stock were anti-dilutive.

	YEAR ENDED MAY 31,
(In millions, except per share data)	2020		2019		2018
Net income available to common stockholders	$	2,539	$	4,029	$	1,933
Determination of shares:
Weighted average common shares outstanding	1,558.8		1,579.7		1,623.8
Assumed conversion of dilutive stock options and awards	32.8		38.7		35.3
DILUTED WEIGHTED AVERAGE COMMON SHARES OUTSTANDING	1,591.6		1,618.4		1,659.1
Earnings per common share:
Basic	$	1.63	$	2.55	$	1.19
Diluted	$	1.60	$	2.49	$	1.17