Earnings Per Share

12 Months Ended

May 31, 2021

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 restricted stock and options, including shares under ESPPs, to purchase an additional 11.3 million, 30.6 million and 17.5 million shares of common stock outstanding for the fiscal years ended May 31, 2021, 2020 and 2019, respectively, because the awards were anti-dilutive.

	YEAR ENDED MAY 31,
(In millions, except per share data)	2021		2020		2019
Net income available to common stockholders	$	5,727	$	2,539	$	4,029
Determination of shares:
Weighted average common shares outstanding	1,573.0		1,558.8		1,579.7
Assumed conversion of dilutive stock options and awards	36.4		32.8		38.7
DILUTED WEIGHTED AVERAGE COMMON SHARES OUTSTANDING	1,609.4		1,591.6		1,618.4
Earnings per common share:
Basic	$	3.64	$	1.63	$	2.55
Diluted	$	3.56	$	1.60	$	2.49