XML 58 R47.htm IDEA: XBRL DOCUMENT
v3.22.1

Risk Management and Derivatives - Amounts Affecting Consolidated Statements of Income (Detail) - USD ($) $ in Millions | 3 Months Ended | 9 Months Ended
--- | --- | ---
Feb. 28, 2022 | Feb. 28, 2021 | Feb. 28, 2022 | Feb. 28, 2021
Foreign exchange forwards and options | Other (income) expense, net | Derivatives not designated as hedging instruments |  |  |  |
Derivative Instruments, Gain (Loss) [Line Items] |  |  |  |
AMOUNT OF GAIN (LOSS) RECOGNIZED  IN INCOME ON DERIVATIVES | $ (20) | $ (11) | $ 12 | $ (98)
Embedded derivatives | Other (income) expense, net | Derivatives not designated as hedging instruments |  |  |  |
Derivative Instruments, Gain (Loss) [Line Items] |  |  |  |
AMOUNT OF GAIN (LOSS) RECOGNIZED  IN INCOME ON DERIVATIVES | 0 | (4) | (9) | (17)
Derivatives designated as cash flow hedges |  |  |  |
Derivative Instruments, Gain (Loss) [Line Items] |  |  |  |
Amount of Gain (Loss) Recognized in Other Comprehensive Income on Derivatives | (2) | (160) | 749 | (750)
Amount of Gain (Loss) Reclassified From Accumulated Other Comprehensive Income into Income | 38 | (46) | (90) | 132
Derivatives designated as cash flow hedges | Foreign exchange forwards and options | Revenues |  |  |  |
Derivative Instruments, Gain (Loss) [Line Items] |  |  |  |
Amount of Gain (Loss) Recognized in Other Comprehensive Income on Derivatives | (37) | (38) | (74) | (32)
Amount of Gain (Loss) Reclassified From Accumulated Other Comprehensive Income into Income | (22) | 16 | (63) | 56
Derivatives designated as cash flow hedges | Foreign exchange forwards and options | Cost of sales |  |  |  |
Derivative Instruments, Gain (Loss) [Line Items] |  |  |  |
Amount of Gain (Loss) Recognized in Other Comprehensive Income on Derivatives | 4 | (99) | 522 | (539)
Amount of Gain (Loss) Reclassified From Accumulated Other Comprehensive Income into Income | 17 | (35) | (79) | 110
Derivatives designated as cash flow hedges | Foreign exchange forwards and options | Demand creation expense |  |  |  |
Derivative Instruments, Gain (Loss) [Line Items] |  |  |  |
Amount of Gain (Loss) Recognized in Other Comprehensive Income on Derivatives | 0 | 1 | (3) | 4
Amount of Gain (Loss) Reclassified From Accumulated Other Comprehensive Income into Income | 0 | 1 | 1 | 2
Derivatives designated as cash flow hedges | Foreign exchange forwards and options | Other (income) expense, net |  |  |  |
Derivative Instruments, Gain (Loss) [Line Items] |  |  |  |
Amount of Gain (Loss) Recognized in Other Comprehensive Income on Derivatives | 31 | (24) | 304 | (183)
Amount of Gain (Loss) Reclassified From Accumulated Other Comprehensive Income into Income | 45 | (26) | 56 | (31)
Derivatives designated as cash flow hedges | Interest rate swaps | Interest expense (income), net |  |  |  |
Derivative Instruments, Gain (Loss) [Line Items] |  |  |  |
Amount of Gain (Loss) Recognized in Other Comprehensive Income on Derivatives | 0 | 0 | 0 | 0
Amount of Gain (Loss) Reclassified From Accumulated Other Comprehensive Income into Income | $ (2) | $ (2) | $ (5) | $ (5)

X
- Definition Amount of increase (decrease) in the fair value of derivatives recognized in the income statement. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4A -Subparagraph (b)(1) -URI http://asc.fasb.org/extlink&oid=125515794&loc=SL5618551-113959 + Details
Name: | us-gaap_DerivativeGainLossOnDerivativeNet
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

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_DerivativeInstrumentsGainLossLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount, before tax and reclassification, of gain (loss) from derivative instrument designated and qualifying cash flow hedge included in assessment of hedge effectiveness. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 20 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=121577181&loc=SL110061190-113977 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4A -Subparagraph (b)(2) -URI http://asc.fasb.org/extlink&oid=125515794&loc=SL5618551-113959 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=125515794&loc=SL5624171-113959 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=124509347&loc=d3e637-108580 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 10A -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=124509347&loc=SL7669646-108580 + Details
Name: | us-gaap_OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Amount, before tax, of reclassification of gain (loss) from accumulated other comprehensive income (AOCI) for derivative instrument designated and qualifying as cash flow hedge included in assessment of hedge effectiveness. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=124509347&loc=d3e689-108580 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=124509347&loc=d3e637-108580 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=125515794&loc=SL5624171-113959 + Details
Name: | us-gaap_OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Details
Name: | us-gaap_DerivativeInstrumentRiskAxis=us-gaap_ForeignExchangeContractMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_IncomeStatementLocationAxis=nke_OtherIncomeAndExpenseMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_HedgingDesignationAxis=us-gaap_NondesignatedMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DerivativeInstrumentRiskAxis=us-gaap_EmbeddedDerivativeFinancialInstrumentsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis=us-gaap_CashFlowHedgingMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_IncomeStatementLocationAxis=us-gaap_SalesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_IncomeStatementLocationAxis=us-gaap_CostOfSalesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_IncomeStatementLocationAxis=nke_DemandCreationExpenseMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DerivativeInstrumentRiskAxis=us-gaap_InterestRateSwapMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_IncomeStatementLocationAxis=nke_InterestIncomeExpenseNetMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |