OPERATING SEGMENTS (Tables)

3 Months Ended

Aug. 31, 2023

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

	THREE MONTHS ENDED AUGUST 31,
(Dollars in millions)	2023		2022
REVENUES
North America	$	5,423	$	5,510
Europe, Middle East & Africa	3,610		3,333
Greater China	1,735		1,656
Asia Pacific & Latin America	1,572		1,535
Global Brand Divisions	13		14
Total NIKE Brand	12,353		12,048
Converse	588		643
Corporate	(2)		(4)
TOTAL NIKE, INC. REVENUES	$	12,939	$	12,687
EARNINGS BEFORE INTEREST AND TAXES
North America	$	1,434	$	1,377
Europe, Middle East & Africa	930		975
Greater China	525		541
Asia Pacific & Latin America	414		500
Global Brand Divisions	(1,205)		(1,187)
Converse	167		209
Corporate	(651)		(574)
Interest expense (income), net	(34)		13
TOTAL NIKE, INC. INCOME BEFORE INCOME TAXES	$	1,648	$	1,828

Reconciliation of Assets from Segment to Consolidated

	AUGUST 31,		MAY 31,
(Dollars in millions)	2023		2023
ACCOUNTS RECEIVABLE, NET
North America	$	1,932	$	1,653
Europe, Middle East & Africa	1,562		1,197
Greater China	161		162
Asia Pacific & Latin America	687		700
Global Brand Divisions	84		96
Total NIKE Brand	4,426		3,808
Converse	240		235
Corporate	83		88
TOTAL ACCOUNTS RECEIVABLE, NET	$	4,749	$	4,131
INVENTORIES
North America	$	3,761	$	3,806
Europe, Middle East & Africa	2,220		2,167
Greater China	1,182		973
Asia Pacific & Latin America	1,072		894
Global Brand Divisions	222		232
Total NIKE Brand	8,457		8,072
Converse	300		305
Corporate	(59)		77
TOTAL INVENTORIES(1)	$	8,698	$	8,454

(1)Inventories as of August 31, 2023 and May 31, 2023, were substantially all finished goods.

	AUGUST 31,		MAY 31,
(Dollars in millions)	2023		2023
PROPERTY, PLANT AND EQUIPMENT, NET
North America	$	792	$	794
Europe, Middle East & Africa	1,043		1,009
Greater China	276		292
Asia Pacific & Latin America	275		279
Global Brand Divisions	889		840
Total NIKE Brand	3,275		3,214
Converse	36		38
Corporate	1,798		1,829
TOTAL PROPERTY, PLANT AND EQUIPMENT, NET	$	5,109	$	5,081