OPERATING SEGMENTS (Tables)

6 Months Ended

Nov. 30, 2022

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)	2022		2021		2022		2021
REVENUES
North America	$	5,830	$	4,477	$	11,340	$	9,356
Europe, Middle East & Africa	3,489		3,142		6,822		6,449
Greater China	1,788		1,844		3,444		3,826
Asia Pacific & Latin America	1,599		1,347		3,134		2,812
Global Brand Divisions	18		6		32		13
Total NIKE Brand	12,724		10,816		24,772		22,456
Converse	586		557		1,229		1,186
Corporate	5		(16)		1		(37)
TOTAL NIKE, INC. REVENUES	$	13,315	$	11,357	$	26,002	$	23,605
EARNINGS BEFORE INTEREST AND TAXES
North America	$	1,497	$	1,235	$	2,874	$	2,669
Europe, Middle East & Africa	990		806		1,965		1,681
Greater China	511		569		1,052		1,270
Asia Pacific & Latin America	485		388		985		869
Global Brand Divisions	(1,226)		(1,071)		(2,413)		(2,058)
Converse	153		132		362		336
Corporate	(744)		(503)		(1,318)		(1,048)
Interest expense (income), net	16		55		29		112
TOTAL NIKE, INC. INCOME BEFORE INCOME TAXES	$	1,650	$	1,501	$	3,478	$	3,607

Reconciliation of Assets from Segment to Consolidated

	NOVEMBER 30,		MAY 31,
(Dollars in millions)	2022		2022
ACCOUNTS RECEIVABLE, NET
North America	$	2,365	$	1,850
Europe, Middle East & Africa	1,647		1,351
Greater China	225		406
Asia Pacific & Latin America(1)	804		664
Global Brand Divisions	87		113
Total NIKE Brand	5,128		4,384
Converse	244		230
Corporate	65		53
TOTAL ACCOUNTS RECEIVABLE, NET	$	5,437	$	4,667
INVENTORIES
North America	$	4,299	$	4,098
Europe, Middle East & Africa	2,112		1,887
Greater China	1,083		1,044
Asia Pacific & Latin America(1)	890		686
Global Brand Divisions	214		197
Total NIKE Brand	8,598		7,912
Converse	353		279
Corporate	375		229
TOTAL INVENTORIES	$	9,326	$	8,420

	NOVEMBER 30,		MAY 31,
(Dollars in millions)	2022		2022
PROPERTY, PLANT AND EQUIPMENT, NET
North America	$	720	$	639
Europe, Middle East & Africa	902		920
Greater China	284		303
Asia Pacific & Latin America(1)	269		274
Global Brand Divisions	794		789
Total NIKE Brand	2,969		2,925
Converse	41		49
Corporate	1,844		1,817
TOTAL PROPERTY, PLANT AND EQUIPMENT, NET	$	4,854	$	4,791

(1)Excludes assets held-for-sale as of May 31, 2022. See Note 13 — Acquisitions and Divestitures for additional information.