Operating Segments (Tables)

9 Months Ended

Feb. 28, 2021

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				NINE MONTHS ENDED
(Dollars in millions)	FEBRUARY 28, 2021		FEBRUARY 29, 2020		FEBRUARY 28, 2021		FEBRUARY 29, 2020
REVENUES
North America	$	3,564	$	3,979	$	11,795	$	12,254
Europe, Middle East & Africa	2,609		2,709		8,477		8,019
Greater China	2,279		1,506		6,357		5,032
Asia Pacific & Latin America	1,315		1,414		3,885		4,227
Global Brand Divisions	6		8		18		24
Total NIKE Brand	9,773		9,616		30,532		29,556
Converse	570		506		1,609		1,541
Corporate	14		(18)		53		(7)
TOTAL NIKE, INC. REVENUES	$	10,357	$	10,104	$	32,194	$	31,090
EARNINGS BEFORE INTEREST AND TAXES
North America	$	970	$	937	$	3,295	$	2,912
Europe, Middle East & Africa	533		575		1,885		1,694
Greater China	973		556		2,552		1,919
Asia Pacific & Latin America	408		387		1,112		1,105
Global Brand Divisions	(852)		(895)		(2,546)		(2,624)
Converse	150		96		405		324
Corporate	(482)		(763)		(1,697)		(1,600)
Interest expense (income), net	64		12		199		39
TOTAL NIKE, INC. INCOME BEFORE INCOME TAXES	$	1,636	$	881	$	4,807	$	3,691

Reconciliation of Assets from Segment to Consolidated

	FEBRUARY 28,		MAY 31,
(Dollars in millions)	2021		2020
ACCOUNTS RECEIVABLE, NET
North America	$	1,019	$	1,020
Europe, Middle East & Africa	1,300		712
Greater China	337		321
Asia Pacific & Latin America(1)	591		425
Global Brand Divisions	101		65
Total NIKE Brand	3,348		2,543
Converse	256		149
Corporate	65		57
TOTAL ACCOUNTS RECEIVABLE, NET	$	3,669	$	2,749
INVENTORIES
North America	$	2,904	$	3,077
Europe, Middle East & Africa	1,772		2,070
Greater China	1,136		882
Asia Pacific & Latin America(1)	636		770
Global Brand Divisions	134		137
Total NIKE Brand	6,582		6,936
Converse	313		341
Corporate	(202)		90
TOTAL INVENTORIES	$	6,693	$	7,367

	FEBRUARY 28,		MAY 31,
(Dollars in millions)	2021		2020
PROPERTY, PLANT AND EQUIPMENT, NET
North America	$	621	$	645
Europe, Middle East & Africa	947		885
Greater China	258		214
Asia Pacific & Latin America(1)	312		296
Global Brand Divisions	884		830
Total NIKE Brand	3,022		2,870
Converse	68		80
Corporate	1,868		1,916
TOTAL PROPERTY, PLANT AND EQUIPMENT, NET	$	4,958	$	4,866

(1)Excludes assets held-for-sale as of February 28, 2021 and May 31, 2020. See Note 13 — Acquisitions and Divestitures for additional information.