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Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
12 Months Ended
May 31, 2023
May 31, 2022
May 31, 2021
Income Statement [Abstract]      
Revenues $ 51,217 $ 46,710 $ 44,538
Cost of sales 28,925 25,231 24,576
Gross profit 22,292 21,479 19,962
Demand creation expense 4,060 3,850 3,114
Operating overhead expense 12,317 10,954 9,911
Total selling and administrative expense 16,377 14,804 13,025
Interest expense (income), net (6) 205 262
Other (income) expense, net (280) (181) 14
Income before income taxes 6,201 6,651 6,661
Income tax expense 1,131 605 934
NET INCOME $ 5,070 $ 6,046 $ 5,727
Earnings per common share:      
Basic (in dollars per share) $ 3.27 $ 3.83 $ 3.64
Diluted (in dollars per share) $ 3.23 $ 3.75 $ 3.56
Weighted average common shares outstanding:      
Basic (in shares) 1,551.6 1,578.8 1,573.0
Diluted (in shares) 1,569.8 1,610.8 1,609.4