Revenues

9 Months Ended

Feb. 28, 2022

Revenue from Contract with Customer [Abstract]

Revenues

NOTE 11 — REVENUES

DISAGGREGATION OF REVENUES

The following tables present the Company's Revenues disaggregated by reportable operating segment, major product line and distribution channel:

	THREE MONTHS ENDED FEBRUARY 28, 2022
(Dollars in millions)	NORTH AMERICA		EUROPE, MIDDLE EAST & AFRICA		GREATER CHINA		ASIA PACIFIC & LATIN AMERICA		GLOBAL BRAND DIVISIONS		TOTAL NIKE BRAND		CONVERSE		CORPORATE		TOTAL NIKE, INC.
Revenues by:
Footwear	$	2,532	$	1,569	$	1,554	$	1,005	$	—	$	6,660	$	503	$	—	$	7,163
Apparel	1,207		1,083		548		394		—		3,232		29		—		3,261
Equipment	143		127		58		62		—		390		7		—		397
Other	—		—		—		—		41		41		28		(19)		50
TOTAL REVENUES	$	3,882	$	2,779	$	2,160	$	1,461	$	41	$	10,323	$	567	$	(19)	$	10,871
Revenues by:
Sales to Wholesale Customers	$	1,769	$	1,858	$	1,241	$	860	$	—	$	5,728	$	303	$	—	$	6,031
Sales through Direct to Consumer	2,113		921		919		601		—		4,554		236		—		4,790
Other	—		—		—		—		41		41		28		(19)		50
TOTAL REVENUES	$	3,882	$	2,779	$	2,160	$	1,461	$	41	$	10,323	$	567	$	(19)	$	10,871

	THREE MONTHS ENDED FEBRUARY 28, 2021
(Dollars in millions)	NORTH AMERICA		EUROPE, MIDDLE EAST & AFRICA		GREATER CHINA		ASIA PACIFIC & LATIN AMERICA		GLOBAL BRAND DIVISIONS		TOTAL NIKE BRAND		CONVERSE		CORPORATE		TOTAL NIKE, INC.
Revenues by:
Footwear	$	2,382	$	1,606	$	1,614	$	903	$	—	$	6,505	$	513	$	—	$	7,018
Apparel	1,087		898		616		365		—		2,966		28		—		2,994
Equipment	95		105		49		47		—		296		6		—		302
Other	—		—		—		—		6		6		23		14		43
TOTAL REVENUES	$	3,564	$	2,609	$	2,279	$	1,315	$	6	$	9,773	$	570	$	14	$	10,357
Revenues by:
Sales to Wholesale Customers	$	1,894	$	1,805	$	1,269	$	846	$	—	$	5,814	$	366	$	—	$	6,180
Sales through Direct to Consumer	1,670		804		1,010		469		—		3,953		181		—		4,134
Other	—		—		—		—		6		6		23		14		43
TOTAL REVENUES	$	3,564	$	2,609	$	2,279	$	1,315	$	6	$	9,773	$	570	$	14	$	10,357

	NINE MONTHS ENDED FEBRUARY 28, 2022
(Dollars in millions)	NORTH AMERICA		EUROPE, MIDDLE EAST & AFRICA		GREATER CHINA		ASIA PACIFIC & LATIN AMERICA		GLOBAL BRAND DIVISIONS		TOTAL NIKE BRAND		CONVERSE		CORPORATE		TOTAL NIKE, INC.
Revenues by:
Footwear	$	8,648	$	5,358	$	4,238	$	2,914	$	—	$	21,158	$	1,555	$	—	$	22,713
Apparel	4,117		3,444		1,588		1,181		—		10,330		87		—		10,417
Equipment	473		426		160		178		—		1,237		21		—		1,258
Other	—		—		—		—		54		54		90		(56)		88
TOTAL REVENUES	$	13,238	$	9,228	$	5,986	$	4,273	$	54	$	32,779	$	1,753	$	(56)	$	34,476
Revenues by:
Sales to Wholesale Customers	$	6,774	$	6,194	$	3,251	$	2,571	$	—	$	18,790	$	975	$	—	$	19,765
Sales through Direct to Consumer	6,464		3,034		2,735		1,702		—		13,935		688		—		14,623
Other	—		—		—		—		54		54		90		(56)		88
TOTAL REVENUES	$	13,238	$	9,228	$	5,986	$	4,273	$	54	$	32,779	$	1,753	$	(56)	$	34,476

	NINE MONTHS ENDED FEBRUARY 28, 2021
(Dollars in millions)	NORTH AMERICA		EUROPE, MIDDLE EAST & AFRICA		GREATER CHINA		ASIA PACIFIC & LATIN AMERICA		GLOBAL BRAND DIVISIONS		TOTAL NIKE BRAND		CONVERSE		CORPORATE		TOTAL NIKE, INC.
Revenues by:
Footwear	$	7,851	$	5,139	$	4,432	$	2,652	$	—	$	20,074	$	1,442	$	—	$	21,516
Apparel	3,580		2,973		1,775		1,098		—		9,426		82		—		9,508
Equipment	364		365		150		135		—		1,014		22		—		1,036
Other	—		—		—		—		18		18		63		53		134
TOTAL REVENUES	$	11,795	$	8,477	$	6,357	$	3,885	$	18	$	30,532	$	1,609	$	53	$	32,194
Revenues by:
Sales to Wholesale Customers	$	6,967	$	5,763	$	3,392	$	2,479	$	—	$	18,601	$	998	$	—	$	19,599
Sales through Direct to Consumer	4,828		2,714		2,965		1,406		—		11,913		548		—		12,461
Other	—		—		—		—		18		18		63		53		134
TOTAL REVENUES	$	11,795	$	8,477	$	6,357	$	3,885	$	18	$	30,532	$	1,609	$	53	$	32,194

For the three and nine months ended February 28, 2022 and 2021, Global Brand Divisions revenues included NIKE Brand licensing and other miscellaneous revenues that are not part of a geographic operating segment. Converse Other revenues were primarily attributable to licensing businesses. Corporate revenues primarily consisted of foreign currency hedge gains and losses related to revenues generated by entities within the NIKE Brand geographic operating segments and Converse, but managed through the Company's central foreign exchange risk management program.

As of February 28, 2022 and May 31, 2021, the Company did not have any contract assets and had an immaterial amount of contract liabilities recorded in Accrued liabilities on the Unaudited Condensed Consolidated Balance Sheets.