Operating Segments and Related Information (Tables)

12 Months Ended

May 31, 2023

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

	YEAR ENDED MAY 31,
(Dollars in millions)	2023		2022		2021
REVENUES
North America	$	21,608	$	18,353	$	17,179
Europe, Middle East & Africa	13,418		12,479		11,456
Greater China	7,248		7,547		8,290
Asia Pacific & Latin America	6,431		5,955		5,343
Global Brand Divisions	58		102		25
Total NIKE Brand	48,763		44,436		42,293
Converse	2,427		2,346		2,205
Corporate	27		(72)		40
TOTAL NIKE, INC. REVENUES	$	51,217	$	46,710	$	44,538
EARNINGS BEFORE INTEREST AND TAXES
North America	$	5,454	$	5,114	$	5,089
Europe, Middle East & Africa	3,531		3,293		2,435
Greater China	2,283		2,365		3,243
Asia Pacific & Latin America	1,932		1,896		1,530
Global Brand Divisions	(4,841)		(4,262)		(3,656)
Converse	676		669		543
Corporate	(2,840)		(2,219)		(2,261)
Interest expense (income), net	(6)		205		262
TOTAL NIKE, INC. INCOME BEFORE INCOME TAXES	$	6,201	$	6,651	$	6,661
ADDITIONS TO PROPERTY, PLANT AND EQUIPMENT
North America	$	283	$	146	$	98
Europe, Middle East & Africa	215		197		153
Greater China	56		78		94
Asia Pacific & Latin America	64		56		54
Global Brand Divisions	271		222		278
Total NIKE Brand	889		699		677
Converse	7		9		7
Corporate	140		103		107
TOTAL ADDITIONS TO PROPERTY, PLANT AND EQUIPMENT	$	1,036	$	811	$	791
DEPRECIATION
North America	$	128	$	124	$	130
Europe, Middle East & Africa	120		134		136
Greater China	54		41		46
Asia Pacific & Latin America	42		42		43
Global Brand Divisions	211		220		222
Total NIKE Brand	555		561		577
Converse	17		22		26
Corporate	131		134		141
TOTAL DEPRECIATION	$	703	$	717	$	744

Reconciliation of Assets from Segment to Consolidated

	AS OF MAY 31,
(Dollars in millions)	2023		2022
ACCOUNTS RECEIVABLE, NET
North America	$	1,653	$	1,850
Europe, Middle East & Africa	1,197		1,351
Greater China	162		406
Asia Pacific & Latin America(1)	700		664
Global Brand Divisions	96		113
Total NIKE Brand	3,808		4,384
Converse	235		230
Corporate	88		53
TOTAL ACCOUNTS RECEIVABLE, NET	$	4,131	$	4,667
INVENTORIES
North America	$	3,806	$	4,098
Europe, Middle East & Africa	2,167		1,887
Greater China	973		1,044
Asia Pacific & Latin America(1)	894		686
Global Brand Divisions	232		197
Total NIKE Brand	8,072		7,912
Converse	305		279
Corporate	77		229
TOTAL INVENTORIES	$	8,454	$	8,420
PROPERTY, PLANT AND EQUIPMENT, NET
North America	$	794	$	639
Europe, Middle East & Africa	1,009		920
Greater China	292		303
Asia Pacific & Latin America(1)	279		274
Global Brand Divisions	840		789
Total NIKE Brand	3,214		2,925
Converse	38		49
Corporate	1,829		1,817
TOTAL PROPERTY, PLANT AND EQUIPMENT, NET	$	5,081	$	4,791

(1)Excludes assets held-for-sale as of May 31, 2022. See Note 18 — Acquisitions and Divestitures for additional information.

Long-lived Assets by Geographic Areas

Long-lived assets attributable to operations in these countries, which consist of property, plant and equipment, net and operating lease ROU assets, net, were as follows:

	MAY 31,
(Dollars in millions)	2023		2022
United States	$	5,129	$	4,916
Belgium	702		646
China	559		538