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Operating Segments and Related Information (Tables) | 12 Months Ended
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May 31, 2021
Segment Reporting [Abstract] |
Schedule of Segment Reporting Information, by Segment | Accounts receivable, net, Inventories and Property, plant and equipment, net for operating segments are regularly reviewed by management and are therefore provided below.
| YEAR ENDED MAY 31,
(Dollars in millions) | 2021 | 2020 | 2019
REVENUES |  |  |
North America | $ | 17,179 |  | $ | 14,484 |  | $ | 15,902 |
Europe, Middle East & Africa | 11,456 |  | 9,347 |  | 9,812 |
Greater China | 8,290 |  | 6,679 |  | 6,208 |
Asia Pacific & Latin America | 5,343 |  | 5,028 |  | 5,254 |
Global Brand Divisions | 25 |  | 30 |  | 42 |
Total NIKE Brand | 42,293 |  | 35,568 |  | 37,218 |
Converse | 2,205 |  | 1,846 |  | 1,906 |
Corporate | 40 |  | (11) |  | (7) |
TOTAL NIKE, INC. REVENUES | $ | 44,538 |  | $ | 37,403 |  | $ | 39,117 |
EARNINGS BEFORE INTEREST AND TAXES |  |  |
North America | $ | 5,089 |  | $ | 2,899 |  | $ | 3,925 |
Europe, Middle East & Africa | 2,435 |  | 1,541 |  | 1,995 |
Greater China | 3,243 |  | 2,490 |  | 2,376 |
Asia Pacific & Latin America | 1,530 |  | 1,184 |  | 1,323 |
Global Brand Divisions | (3,656) |  | (3,468) |  | (3,262) |
Converse | 543 |  | 297 |  | 303 |
Corporate | (2,261) |  | (1,967) |  | (1,810) |
Interest expense (income), net | 262 |  | 89 |  | 49 |
TOTAL NIKE, INC. INCOME BEFORE INCOME TAXES | $ | 6,661 |  | $ | 2,887 |  | $ | 4,801 |
ADDITIONS TO PROPERTY, PLANT AND EQUIPMENT |  |  |
North America | $ | 98 |  | $ | 110 |  | $ | 117 |
Europe, Middle East & Africa | 153 |  | 139 |  | 233 |
Greater China | 94 |  | 28 |  | 49 |
Asia Pacific & Latin America | 54 |  | 41 |  | 47 |
Global Brand Divisions | 278 |  | 438 |  | 278 |
Total NIKE Brand | 677 |  | 756 |  | 724 |
Converse | 7 |  | 12 |  | 18 |
Corporate | 107 |  | 356 |  | 333 |
TOTAL ADDITIONS TO PROPERTY, PLANT AND EQUIPMENT | $ | 791 |  | $ | 1,124 |  | $ | 1,075 |
DEPRECIATION |  |  |
North America | $ | 130 |  | $ | 148 |  | $ | 149 |
Europe, Middle East & Africa | 136 |  | 132 |  | 111 |
Greater China | 46 |  | 44 |  | 50 |
Asia Pacific & Latin America | 43 |  | 46 |  | 53 |
Global Brand Divisions | 222 |  | 214 |  | 195 |
Total NIKE Brand | 577 |  | 584 |  | 558 |
Converse | 26 |  | 25 |  | 31 |
Corporate | 141 |  | 112 |  | 116 |
TOTAL DEPRECIATION | $ | 744 |  | $ | 721 |  | $ | 705 |
Reconciliation of Assets from Segment to Consolidated |
| AS OF MAY 31,
(Dollars in millions) | 2021 | 2020
ACCOUNTS RECEIVABLE, NET |  |
North America | $ | 1,777 |  | $ | 1,020 |
Europe, Middle East & Africa | 1,349 |  | 712 |
Greater China | 288 |  | 321 |
Asia Pacific & Latin America(1) | 643 |  | 425 |
Global Brand Divisions | 128 |  | 65 |
Total NIKE Brand | 4,185 |  | 2,543 |
Converse | 225 |  | 149 |
Corporate | 53 |  | 57 |
TOTAL ACCOUNTS RECEIVABLE, NET | $ | 4,463 |  | $ | 2,749 |
INVENTORIES |  |
North America | $ | 2,851 |  | $ | 3,077 |
Europe, Middle East & Africa | 1,821 |  | 2,070 |
Greater China | 1,247 |  | 882 |
Asia Pacific & Latin America(1) | 667 |  | 770 |
Global Brand Divisions | 153 |  | 137 |
Total NIKE Brand | 6,739 |  | 6,936 |
Converse | 290 |  | 341 |
Corporate | (175) |  | 90 |
TOTAL INVENTORIES | $ | 6,854 |  | $ | 7,367 |
PROPERTY, PLANT AND EQUIPMENT, NET |  |
North America | $ | 617 |  | $ | 645 |
Europe, Middle East & Africa | 982 |  | 885 |
Greater China | 288 |  | 214 |
Asia Pacific & Latin America(1) | 304 |  | 296 |
Global Brand Divisions | 780 |  | 830 |
Total NIKE Brand | 2,971 |  | 2,870 |
Converse | 63 |  | 80 |
Corporate | 1,870 |  | 1,916 |
TOTAL PROPERTY, PLANT AND EQUIPMENT, NET | $ | 4,904 |  | $ | 4,866 |
(1)Excludes assets held-for-sale as of May 31, 2021. See Note 20 — Acquisitions and Divestitures for additional information.
Long-lived Assets by Geographic Areas | The Company's largest concentrations of long-lived assets primarily consist of the Company's corporate headquarters, retail locations and distribution facilities in the United States and China, as well as distribution facilities in Belgium. Long-lived assets attributable to operations in these countries, which primarily consists of property, plant and equipment, net and operating lease ROU assets, net, were as follows:
| MAY 31,
(Dollars in millions) | 2021 | 2020
United States | $ | 4,927 |  | $ | 5,114 |
Belgium | 676 |  | 606 |
China | 518 |  | 457 |

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