Operating Segments (Tables)

6 Months Ended

Nov. 30, 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 NOVEMBER 30,				SIX MONTHS ENDED NOVEMBER 30,
(Dollars in millions)	2021		2020		2021		2020
REVENUES
North America	$	4,477	$	4,006	$	9,356	$	8,231
Europe, Middle East & Africa	3,142		2,958		6,449		5,868
Greater China	1,844		2,298		3,826		4,078
Asia Pacific & Latin America	1,347		1,471		2,812		2,570
Global Brand Divisions	6		8		13		12
Total NIKE Brand	10,816		10,741		22,456		20,759
Converse	557		476		1,186		1,039
Corporate	(16)		26		(37)		39
TOTAL NIKE, INC. REVENUES	$	11,357	$	11,243	$	23,605	$	21,837
EARNINGS BEFORE INTEREST AND TAXES
North America	$	1,235	$	1,023	$	2,669	$	2,325
Europe, Middle East & Africa	806		660		1,681		1,352
Greater China	569		891		1,270		1,579
Asia Pacific & Latin America	388		424		869		704
Global Brand Divisions	(1,071)		(841)		(2,058)		(1,694)
Converse	132		87		336		255
Corporate	(503)		(718)		(1,048)		(1,215)
Interest expense (income), net	55		70		112		135
TOTAL NIKE, INC. INCOME BEFORE INCOME TAXES	$	1,501	$	1,456	$	3,607	$	3,171

Reconciliation of Assets from Segment to Consolidated

	NOVEMBER 30,		MAY 31,
(Dollars in millions)	2021		2021
ACCOUNTS RECEIVABLE, NET
North America	$	1,469	$	1,777
Europe, Middle East & Africa	1,176		1,349
Greater China	217		288
Asia Pacific & Latin America(1)	532		643
Global Brand Divisions	76		128
Total NIKE Brand	3,470		4,185
Converse	218		225
Corporate	58		53
TOTAL ACCOUNTS RECEIVABLE, NET	$	3,746	$	4,463
INVENTORIES
North America	$	2,796	$	2,851
Europe, Middle East & Africa	1,426		1,821
Greater China	1,120		1,247
Asia Pacific & Latin America(1)	636		667
Global Brand Divisions	236		153
Total NIKE Brand	6,214		6,739
Converse	256		290
Corporate	36		(175)
TOTAL INVENTORIES	$	6,506	$	6,854

	NOVEMBER 30,		MAY 31,
(Dollars in millions)	2021		2021
PROPERTY, PLANT AND EQUIPMENT, NET
North America	$	616	$	617
Europe, Middle East & Africa	935		982
Greater China	302		288
Asia Pacific & Latin America(1)	295		304
Global Brand Divisions	791		780
Total NIKE Brand	2,939		2,971
Converse	55		63
Corporate	1,818		1,870
TOTAL PROPERTY, PLANT AND EQUIPMENT, NET	$	4,812	$	4,904

(1)Excludes assets held-for-sale as of November 30, 2021 and May 31, 2021. See Note 12 — Acquisitions and Divestitures for additional information.