EARNINGS PER SHARE

12 Months Ended

May 31, 2024

Earnings Per Share [Abstract]

EARNINGS PER SHARE

NOTE 10 — EARNINGS PER SHARE

The following is a reconciliation from basic earnings per common share to diluted earnings per common share. The computations of diluted earnings per common share exclude restricted stock, restricted stock units and options, including shares under ESPPs, to purchase an estimated additional 41.0 million, 31.7 million and 9.4 million shares of common stock outstanding for the fiscal years ended May 31, 2024, 2023 and 2022, respectively, because the awards were assumed to be anti-dilutive.

	YEAR ENDED MAY 31,
(In millions, except per share data)	2024		2023		2022
Net income available to common stockholders	$	5,700	$	5,070	$	6,046
Determination of shares:
Weighted average common shares outstanding	1,517.6		1,551.6		1,578.8
Assumed conversion of dilutive stock options and awards	12.1		18.2		32.0
DILUTED WEIGHTED AVERAGE COMMON SHARES OUTSTANDING	1,529.7		1,569.8		1,610.8
Earnings per common share:
Basic	$	3.76	$	3.27	$	3.83
Diluted	$	3.73	$	3.23	$	3.75