OPERATING SEGMENTS (Tables)

9 Months Ended

Feb. 29, 2024

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

	THREE MONTHS ENDED				NINE MONTHS ENDED
(Dollars in millions)	FEBRUARY 29, 2024		FEBRUARY 28, 2023		FEBRUARY 29, 2024		FEBRUARY 28, 2023
REVENUES
North America	$	5,070	$	4,913	$	16,118	$	16,253
Europe, Middle East & Africa	3,138		3,246		10,315		10,068
Greater China	2,084		1,994		5,682		5,438
Asia Pacific & Latin America	1,647		1,601		5,024		4,735
Global Brand Divisions	9		12		34		44
Total NIKE Brand	11,948		11,766		37,173		36,538
Converse	495		612		1,602		1,841
Corporate	(14)		12		(19)		13
TOTAL NIKE, INC. REVENUES	$	12,429	$	12,390	$	38,756	$	38,392
EARNINGS BEFORE INTEREST AND TAXES
North America	$	1,400	$	1,190	$	4,360	$	4,064
Europe, Middle East & Africa	734		785		2,591		2,750
Greater China	722		702		1,761		1,754
Asia Pacific & Latin America	471		485		1,406		1,470
Global Brand Divisions	(1,199)		(1,160)		(3,572)		(3,573)
Converse	98		164		380		526
Corporate	(874)		(696)		(2,060)		(2,014)
Interest expense (income), net	(52)		(7)		(108)		22
TOTAL NIKE, INC. INCOME BEFORE INCOME TAXES	$	1,404	$	1,477	$	4,974	$	4,955

Reconciliation of Assets from Segment to Consolidated

	FEBRUARY 29,		MAY 31,
(Dollars in millions)	2024		2023
ACCOUNTS RECEIVABLE, NET
North America	$	1,872	$	1,653
Europe, Middle East & Africa	1,336		1,197
Greater China	197		162
Asia Pacific & Latin America	750		700
Global Brand Divisions	96		96
Total NIKE Brand	4,251		3,808
Converse	219		235
Corporate	56		88
TOTAL ACCOUNTS RECEIVABLE, NET	$	4,526	$	4,131
INVENTORIES
North America	$	3,201	$	3,806
Europe, Middle East & Africa	2,046		2,167
Greater China	1,121		973
Asia Pacific & Latin America	889		894
Global Brand Divisions	180		232
Total NIKE Brand	7,437		8,072
Converse	289		305
Corporate	—		77
TOTAL INVENTORIES(1)	$	7,726	$	8,454

(1)Inventories as of February 29, 2024 and May 31, 2023, were substantially all finished goods.

	FEBRUARY 29,		MAY 31,
(Dollars in millions)	2024		2023
PROPERTY, PLANT AND EQUIPMENT, NET
North America	$	760	$	794
Europe, Middle East & Africa	1,068		1,009
Greater China	264		292
Asia Pacific & Latin America	292		279
Global Brand Divisions	886		840
Total NIKE Brand	3,270		3,214
Converse	30		38
Corporate	1,782		1,829
TOTAL PROPERTY, PLANT AND EQUIPMENT, NET	$	5,082	$	5,081