XML 80 R57.htm IDEA: XBRL DOCUMENT
v3.22.2

Long-Term Debt - Net of Unamortized Premiums, Discounts and Debt Issuance Costs (Detail) - USD ($) | 12 Months Ended |
--- | --- | ---
May 31, 2022 | May 31, 2021
Debt Instrument [Line Items] |  |
BOOK VALUE OUTSTANDING | $ 9,420,000,000 | $ 9,413,000,000
Less Current Portion of Long-Term Debt | 500,000,000 | 0
TOTAL LONG-TERM DEBT | $ 8,920,000,000 | 9,413,000,000
Corporate Bond Payables |  |
Debt Instrument [Line Items] |  |
Percent of aggregate principal amount of the notes to be redeemed | 100.00% |
Corporate Bond Payables | 2.25% Corporate bond, payable May 1, 2023 |  |
Debt Instrument [Line Items] |  |
ORIGINAL PRINCIPAL | $ 500,000,000 |
INTEREST RATE | 2.25% |
INTEREST PAYMENTS | Semi-Annually |
BOOK VALUE OUTSTANDING | $ 500,000,000 | 499,000,000
Corporate Bond Payables | 2.40% Corporate bond, payable March 27, 2025 |  |
Debt Instrument [Line Items] |  |
ORIGINAL PRINCIPAL | $ 1,000,000,000 |
INTEREST RATE | 2.40% |
INTEREST PAYMENTS | Semi-Annually |
BOOK VALUE OUTSTANDING | $ 996,000,000 | 995,000,000
Corporate Bond Payables | 2.38% Corporate bond, payable November 1, 2026 |  |
Debt Instrument [Line Items] |  |
ORIGINAL PRINCIPAL | $ 1,000,000,000 |
INTEREST RATE | 2.38% |
INTEREST PAYMENTS | Semi-Annually |
BOOK VALUE OUTSTANDING | $ 997,000,000 | 996,000,000
Corporate Bond Payables | 2.75% Corporate bond, payable March 27, 2027 |  |
Debt Instrument [Line Items] |  |
ORIGINAL PRINCIPAL | $ 1,000,000,000 |
INTEREST RATE | 2.75% |
INTEREST PAYMENTS | Semi-Annually |
BOOK VALUE OUTSTANDING | $ 996,000,000 | 995,000,000
Corporate Bond Payables | 2.85% Corporate bond, payable March 27, 2030 |  |
Debt Instrument [Line Items] |  |
ORIGINAL PRINCIPAL | $ 1,500,000,000 |
INTEREST RATE | 2.85% |
INTEREST PAYMENTS | Semi-Annually |
BOOK VALUE OUTSTANDING | $ 1,491,000,000 | 1,490,000,000
Corporate Bond Payables | 3.25% Corporate bond, payable March 27, 2040 |  |
Debt Instrument [Line Items] |  |
ORIGINAL PRINCIPAL | $ 1,000,000,000 |
INTEREST RATE | 3.25% |
INTEREST PAYMENTS | Semi-Annually |
BOOK VALUE OUTSTANDING | $ 986,000,000 | 986,000,000
Corporate Bond Payables | 3.63% Corporate bond, payable May 1, 2043 |  |
Debt Instrument [Line Items] |  |
ORIGINAL PRINCIPAL | $ 500,000,000 |
INTEREST RATE | 3.63% |
INTEREST PAYMENTS | Semi-Annually |
BOOK VALUE OUTSTANDING | $ 496,000,000 | 496,000,000
Corporate Bond Payables | 3.88% Corporate bond, payable November 1, 2045 |  |
Debt Instrument [Line Items] |  |
ORIGINAL PRINCIPAL | $ 1,000,000,000 |
INTEREST RATE | 3.88% |
INTEREST PAYMENTS | Semi-Annually |
BOOK VALUE OUTSTANDING | $ 985,000,000 | 984,000,000
Corporate Bond Payables | 3.38% Corporate bond, payable November 1, 2046 |  |
Debt Instrument [Line Items] |  |
ORIGINAL PRINCIPAL | $ 500,000,000 |
INTEREST RATE | 3.38% |
INTEREST PAYMENTS | Semi-Annually |
BOOK VALUE OUTSTANDING | $ 492,000,000 | 491,000,000
Corporate Bond Payables | 3.38% Corporate bond, payable March 27, 2050 |  |
Debt Instrument [Line Items] |  |
ORIGINAL PRINCIPAL | $ 1,500,000,000 |
INTEREST RATE | 3.38% |
INTEREST PAYMENTS | Semi-Annually |
BOOK VALUE OUTSTANDING | $ 1,481,000,000 | $ 1,481,000,000

X
- Definition Face (par) amount of debt instrument at time of issuance. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 1B -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=123466505&loc=SL123495323-112611 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=124435984&loc=d3e28551-108399 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 55 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=114775985&loc=d3e28878-108400 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=124429444&loc=SL124452920-239629 Reference 5: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 55 -Paragraph 69C -URI http://asc.fasb.org/extlink&oid=123466577&loc=SL123495737-112612 Reference 6: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 55 -Paragraph 69B -URI http://asc.fasb.org/extlink&oid=123466577&loc=SL123495735-112612 + Details
Name: | us-gaap_DebtInstrumentFaceAmount
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Contractual interest rate for funds borrowed, under the debt agreement. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 1B -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=123466505&loc=SL123495323-112611 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22(a)(1)) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
Name: | us-gaap_DebtInstrumentInterestRateStatedPercentage
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_DebtInstrumentLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Percentage price of original principal amount of debt at which debt can be redeemed by the issuer. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 470 -Section 50 -Paragraph 3 -Subparagraph e -URI http://asc.fasb.org/extlink&oid=123599511&loc=d3e64711-112823 + Details
Name: | us-gaap_DebtInstrumentRedemptionPricePercentage
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount, after unamortized (discount) premium and debt issuance costs, of long-term debt. Includes, but not limited to, notes payable, bonds payable, debentures, mortgage loans and commercial paper. Excludes capital lease obligations. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 4 -Subparagraph (b)(3) -URI http://asc.fasb.org/extlink&oid=123466204&loc=SL6031897-161870 Reference 2: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 55 -Paragraph 69C -URI http://asc.fasb.org/extlink&oid=123466577&loc=SL123495737-112612 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(a)(16)) -URI http://asc.fasb.org/extlink&oid=120400017&loc=d3e572229-122910 Reference 4: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 55 -Paragraph 69B -URI http://asc.fasb.org/extlink&oid=123466577&loc=SL123495735-112612 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(16)) -URI http://asc.fasb.org/extlink&oid=120398452&loc=d3e534808-122878 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 1D -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=123466505&loc=SL123495340-112611 Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(22)) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
Name: | us-gaap_LongTermDebt
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount, after unamortized (discount) premium and debt issuance costs, of long-term debt, classified as current. Includes, but not limited to, notes payable, bonds payable, debentures, mortgage loans and commercial paper. Excludes capital lease obligations. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19,20) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
Name: | us-gaap_LongTermDebtCurrent
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Disclosure of timing of required repayments, sinking fund requirements, and other redeemable securities at fixed or determinable prices and dates in the five years immediately following the date of the latest balance sheet presented in the financial statements, and the amount thereafter to fully repay the principal of long-term debt. These disclosures may be made either on an individual debt or security basis, by type of debt or security basis, or on a combined basis. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=123467817&loc=d3e21475-112644 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=123465755&loc=d3e1835-112601 + Details
Name: | us-gaap_LongTermDebtMaturitiesRepaymentTerms
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount after unamortized (discount) premium and debt issuance costs of long-term debt classified as noncurrent and excluding amounts to be repaid within one year or the normal operating cycle, if longer. Includes, but not limited to, notes payable, bonds payable, debentures, mortgage loans and commercial paper. Excludes capital lease obligations. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
Name: | us-gaap_LongTermDebtNoncurrent
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=us-gaap_CorporateDebtSecuritiesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=nke_CorporateBondTwoPointTwoFivePercentDueMay12023Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=nke_CorporateBond2.40PercentDueMarch272025Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=nke_CorporateBond2.38PercentDueNovember12026Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=nke_CorporateBond2.75PercentDueMarch272027Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=nke_CorporateBond2.85PercentDueMarch272030Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=nke_CorporateBond3.25PercentDueMarch272040Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=nke_CorporateBondThreePointSixThreePercentDueMay12043Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=nke_CorporateBond3.88PercentDueNovember12045Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=nke_CorporateBond3.38PercentDueNovember12046Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=nke_CorporateBond3.38PercentDueMarch272050Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |