Earnings Per Share

3 Months Ended

Aug. 31, 2020

Earnings Per Share [Abstract]

Earnings Per Share

NOTE 8 — 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 2.1 million and 19.1 million shares of common stock outstanding for the three months ended August 31, 2020 and 2019, respectively, because the options were anti-dilutive.

	THREE MONTHS ENDED AUGUST 31,
(In millions, except per share data)	2020		2019
Net income available to common stockholders	$	1,518	$	1,367
Determination of shares:
Weighted average common shares outstanding	1,561.8		1,562.4
Assumed conversion of dilutive stock options and awards	31.5		35.1
DILUTED WEIGHTED AVERAGE COMMON SHARES OUTSTANDING	1,593.3		1,597.5
Earnings per common share:
Basic	$	0.97	$	0.87
Diluted	$	0.95	$	0.86