OPERATING SEGMENTS (Tables)

9 Months Ended

Feb. 28, 2023

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 FEBRUARY 28,				NINE MONTHS ENDED FEBRUARY 28,
(Dollars in millions)	2023		2022		2023		2022
REVENUES
North America	$	4,913	$	3,882	$	16,253	$	13,238
Europe, Middle East & Africa	3,246		2,779		10,068		9,228
Greater China	1,994		2,160		5,438		5,986
Asia Pacific & Latin America	1,601		1,461		4,735		4,273
Global Brand Divisions	12		41		44		54
Total NIKE Brand	11,766		10,323		36,538		32,779
Converse	612		567		1,841		1,753
Corporate	12		(19)		13		(56)
TOTAL NIKE, INC. REVENUES	$	12,390	$	10,871	$	38,392	$	34,476
EARNINGS BEFORE INTEREST AND TAXES
North America	$	1,190	$	967	$	4,064	$	3,636
Europe, Middle East & Africa	785		713		2,750		2,394
Greater China	702		784		1,754		2,054
Asia Pacific & Latin America	485		478		1,470		1,347
Global Brand Divisions	(1,160)		(975)		(3,573)		(3,033)
Converse	164		168		526		504
Corporate	(696)		(412)		(2,014)		(1,460)
Interest expense (income), net	(7)		53		22		165
TOTAL NIKE, INC. INCOME BEFORE INCOME TAXES	$	1,477	$	1,670	$	4,955	$	5,277

Reconciliation of Assets from Segment to Consolidated

	FEBRUARY 28,		MAY 31,
(Dollars in millions)	2023		2022
ACCOUNTS RECEIVABLE, NET
North America	$	1,718	$	1,850
Europe, Middle East & Africa	1,392		1,351
Greater China	294		406
Asia Pacific & Latin America(1)	707		664
Global Brand Divisions	81		113
Total NIKE Brand	4,192		4,384
Converse	263		230
Corporate	58		53
TOTAL ACCOUNTS RECEIVABLE, NET	$	4,513	$	4,667
INVENTORIES
North America	$	4,054	$	4,098
Europe, Middle East & Africa	2,066		1,887
Greater China	1,060		1,044
Asia Pacific & Latin America(1)	957		686
Global Brand Divisions	219		197
Total NIKE Brand	8,356		7,912
Converse	343		279
Corporate	206		229
TOTAL INVENTORIES	$	8,905	$	8,420

	FEBRUARY 28,		MAY 31,
(Dollars in millions)	2023		2022
PROPERTY, PLANT AND EQUIPMENT, NET
North America	$	733	$	639
Europe, Middle East & Africa	966		920
Greater China	293		303
Asia Pacific & Latin America(1)	272		274
Global Brand Divisions	802		789
Total NIKE Brand	3,066		2,925
Converse	39		49
Corporate	1,834		1,817
TOTAL PROPERTY, PLANT AND EQUIPMENT, NET	$	4,939	$	4,791

(1)Excludes assets held-for-sale as of May 31, 2022. See Note 14 — Acquisitions and Divestitures for additional information.