Operating Segments (Tables)

6 Months Ended

Nov. 30, 2020

Segment Reporting [Abstract]

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 NOVEMBER 30,				SIX MONTHS ENDED NOVEMBER 30,
(Dollars in millions)	2020		2019		2020		2019
REVENUES
North America	$	4,006	$	3,982	$	8,231	$	8,275
Europe, Middle East & Africa	2,958		2,537		5,868		5,310
Greater China	2,298		1,847		4,078		3,526
Asia Pacific & Latin America	1,471		1,468		2,570		2,813
Global Brand Divisions	8		10		12		16
Total NIKE Brand	10,741		9,844		20,759		19,940
Converse	476		480		1,039		1,035
Corporate	26		2		39		11
TOTAL NIKE, INC. REVENUES	$	11,243	$	10,326	$	21,837	$	20,986
EARNINGS BEFORE INTEREST AND TAXES
North America	$	1,023	$	875	$	2,325	$	1,975
Europe, Middle East & Africa	660		510		1,352		1,119
Greater China	891		694		1,579		1,363
Asia Pacific & Latin America	424		377		704		718
Global Brand Divisions	(841)		(872)		(1,694)		(1,729)
Converse	87		90		255		228
Corporate	(718)		(413)		(1,215)		(837)
Interest expense (income), net	70		12		135		27
TOTAL NIKE, INC. INCOME BEFORE INCOME TAXES	$	1,456	$	1,249	$	3,171	$	2,810

Reconciliation of Assets from Segment to Consolidated

	NOVEMBER 30,		MAY 31,
(Dollars in millions)	2020		2020
ACCOUNTS RECEIVABLE, NET
North America	$	1,236	$	1,020
Europe, Middle East & Africa	1,350		712
Greater China	250		321
Asia Pacific & Latin America(1)	591		425
Global Brand Divisions	96		65
Total NIKE Brand	3,523		2,543
Converse	153		149
Corporate	37		57
TOTAL ACCOUNTS RECEIVABLE, NET	$	3,713	$	2,749
INVENTORIES
North America	$	2,401	$	3,077
Europe, Middle East & Africa	1,589		2,070
Greater China	1,137		882
Asia Pacific & Latin America(1)	620		770
Global Brand Divisions	131		137
Total NIKE Brand	5,878		6,936
Converse	315		341
Corporate	(103)		90
TOTAL INVENTORIES	$	6,090	$	7,367

	NOVEMBER 30,		MAY 31,
(Dollars in millions)	2020		2020
PROPERTY, PLANT AND EQUIPMENT, NET
North America	$	632	$	645
Europe, Middle East & Africa	934		885
Greater China	246		214
Asia Pacific & Latin America(1)	312		296
Global Brand Divisions	866		830
Total NIKE Brand	2,990		2,870
Converse	72		80
Corporate	1,897		1,916
TOTAL PROPERTY, PLANT AND EQUIPMENT, NET	$	4,959	$	4,866

(1)Excludes assets held-for-sale as of November 30, 2020 and May 31, 2020. See Note 13 — Acquisitions and Divestitures for additional information.