EARNINGS PER SHARE

6 Months Ended

Nov. 30, 2024

Earnings Per Share [Abstract]

EARNINGS PER SHARE

NOTE 6 — 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 81.4 million and 46.2 million shares of common stock outstanding for the three months ended November 30, 2024 and 2023, respectively, and 77.9 million and 43.5 million shares of common stock outstanding for the six months ended November 30, 2024 and 2023, respectively, because the awards were assumed to be anti-dilutive.

	THREE MONTHS ENDED NOVEMBER 30,				SIX MONTHS ENDED NOVEMBER 30,
(In millions, except per share data)	2024		2023		2024		2023
Net income available to common stockholders	$	1,163	$	1,578	$	2,214	$	3,028
Determination of shares:
Weighted average common shares outstanding	1,486.8		1,520.8		1,492.3		1,524.6
Assumed conversion of dilutive stock options and awards	3.2		11.3		3.6		13.1
DILUTED WEIGHTED AVERAGE COMMON SHARES OUTSTANDING	1,490.0		1,532.1		1,495.9		1,537.7
Earnings per common share:
Basic	$	0.78	$	1.04	$	1.48	$	1.99
Diluted	$	0.78	$	1.03	$	1.48	$	1.97