XML 30 R19.htm IDEA: XBRL DOCUMENT
v3.22.1

Revenues | 9 Months Ended
--- | ---
Feb. 28, 2022
Revenue from Contract with Customer [Abstract] |
Revenues |
NOTE 11 — REVENUES
DISAGGREGATION OF REVENUES The following tables present the Company's Revenues disaggregated by reportable operating segment, major product line and distribution channel:
| THREE MONTHS ENDED FEBRUARY 28, 2022
(Dollars in millions) | NORTH AMERICA | EUROPE, MIDDLE EAST & AFRICA | GREATER CHINA | ASIA PACIFIC & LATIN AMERICA | GLOBAL BRAND DIVISIONS | TOTAL NIKE BRAND | CONVERSE | CORPORATE | TOTAL NIKE, INC.
Revenues by: |  |  |  |  |  |  |  |  |
Footwear | $ | 2,532 |  | $ | 1,569 |  | $ | 1,554 |  | $ | 1,005 |  | $ | — |  | $ | 6,660 |  | $ | 503 |  | $ | — |  | $ | 7,163 |
Apparel | 1,207 |  | 1,083 |  | 548 |  | 394 |  | — |  | 3,232 |  | 29 |  | — |  | 3,261 |
Equipment | 143 |  | 127 |  | 58 |  | 62 |  | — |  | 390 |  | 7 |  | — |  | 397 |
Other | — |  | — |  | — |  | — |  | 41 |  | 41 |  | 28 |  | (19) |  | 50 |
TOTAL REVENUES | $ | 3,882 |  | $ | 2,779 |  | $ | 2,160 |  | $ | 1,461 |  | $ | 41 |  | $ | 10,323 |  | $ | 567 |  | $ | (19) |  | $ | 10,871 |
Revenues by: |  |  |  |  |  |  |  |  |
Sales to Wholesale Customers | $ | 1,769 |  | $ | 1,858 |  | $ | 1,241 |  | $ | 860 |  | $ | — |  | $ | 5,728 |  | $ | 303 |  | $ | — |  | $ | 6,031 |
Sales through Direct to Consumer | 2,113 |  | 921 |  | 919 |  | 601 |  | — |  | 4,554 |  | 236 |  | — |  | 4,790 |
Other | — |  | — |  | — |  | — |  | 41 |  | 41 |  | 28 |  | (19) |  | 50 |
TOTAL REVENUES | $ | 3,882 |  | $ | 2,779 |  | $ | 2,160 |  | $ | 1,461 |  | $ | 41 |  | $ | 10,323 |  | $ | 567 |  | $ | (19) |  | $ | 10,871 |
| THREE MONTHS ENDED FEBRUARY 28, 2021
(Dollars in millions) | NORTH AMERICA | EUROPE, MIDDLE EAST & AFRICA | GREATER CHINA | ASIA PACIFIC & LATIN AMERICA | GLOBAL BRAND DIVISIONS | TOTAL NIKE BRAND | CONVERSE | CORPORATE | TOTAL NIKE, INC.
Revenues by: |  |  |  |  |  |  |  |  |
Footwear | $ | 2,382 |  | $ | 1,606 |  | $ | 1,614 |  | $ | 903 |  | $ | — |  | $ | 6,505 |  | $ | 513 |  | $ | — |  | $ | 7,018 |
Apparel | 1,087 |  | 898 |  | 616 |  | 365 |  | — |  | 2,966 |  | 28 |  | — |  | 2,994 |
Equipment | 95 |  | 105 |  | 49 |  | 47 |  | — |  | 296 |  | 6 |  | — |  | 302 |
Other | — |  | — |  | — |  | — |  | 6 |  | 6 |  | 23 |  | 14 |  | 43 |
TOTAL REVENUES | $ | 3,564 |  | $ | 2,609 |  | $ | 2,279 |  | $ | 1,315 |  | $ | 6 |  | $ | 9,773 |  | $ | 570 |  | $ | 14 |  | $ | 10,357 |
Revenues by: |  |  |  |  |  |  |  |  |
Sales to Wholesale Customers | $ | 1,894 |  | $ | 1,805 |  | $ | 1,269 |  | $ | 846 |  | $ | — |  | $ | 5,814 |  | $ | 366 |  | $ | — |  | $ | 6,180 |
Sales through Direct to Consumer | 1,670 |  | 804 |  | 1,010 |  | 469 |  | — |  | 3,953 |  | 181 |  | — |  | 4,134 |
Other | — |  | — |  | — |  | — |  | 6 |  | 6 |  | 23 |  | 14 |  | 43 |
TOTAL REVENUES | $ | 3,564 |  | $ | 2,609 |  | $ | 2,279 |  | $ | 1,315 |  | $ | 6 |  | $ | 9,773 |  | $ | 570 |  | $ | 14 |  | $ | 10,357 |
| NINE MONTHS ENDED FEBRUARY 28, 2022
(Dollars in millions) | NORTH AMERICA | EUROPE, MIDDLE EAST & AFRICA | GREATER CHINA | ASIA PACIFIC & LATIN AMERICA | GLOBAL BRAND DIVISIONS | TOTAL NIKE BRAND | CONVERSE | CORPORATE | TOTAL NIKE, INC.
Revenues by: |  |  |  |  |  |  |  |  |
Footwear | $ | 8,648 |  | $ | 5,358 |  | $ | 4,238 |  | $ | 2,914 |  | $ | — |  | $ | 21,158 |  | $ | 1,555 |  | $ | — |  | $ | 22,713 |
Apparel | 4,117 |  | 3,444 |  | 1,588 |  | 1,181 |  | — |  | 10,330 |  | 87 |  | — |  | 10,417 |
Equipment | 473 |  | 426 |  | 160 |  | 178 |  | — |  | 1,237 |  | 21 |  | — |  | 1,258 |
Other | — |  | — |  | — |  | — |  | 54 |  | 54 |  | 90 |  | (56) |  | 88 |
TOTAL REVENUES | $ | 13,238 |  | $ | 9,228 |  | $ | 5,986 |  | $ | 4,273 |  | $ | 54 |  | $ | 32,779 |  | $ | 1,753 |  | $ | (56) |  | $ | 34,476 |
Revenues by: |  |  |  |  |  |  |  |  |
Sales to Wholesale Customers | $ | 6,774 |  | $ | 6,194 |  | $ | 3,251 |  | $ | 2,571 |  | $ | — |  | $ | 18,790 |  | $ | 975 |  | $ | — |  | $ | 19,765 |
Sales through Direct to Consumer | 6,464 |  | 3,034 |  | 2,735 |  | 1,702 |  | — |  | 13,935 |  | 688 |  | — |  | 14,623 |
Other | — |  | — |  | — |  | — |  | 54 |  | 54 |  | 90 |  | (56) |  | 88 |
TOTAL REVENUES | $ | 13,238 |  | $ | 9,228 |  | $ | 5,986 |  | $ | 4,273 |  | $ | 54 |  | $ | 32,779 |  | $ | 1,753 |  | $ | (56) |  | $ | 34,476 |
| NINE MONTHS ENDED FEBRUARY 28, 2021
(Dollars in millions) | NORTH AMERICA | EUROPE, MIDDLE EAST & AFRICA | GREATER CHINA | ASIA PACIFIC & LATIN AMERICA | GLOBAL BRAND DIVISIONS | TOTAL NIKE BRAND | CONVERSE | CORPORATE | TOTAL NIKE, INC.
Revenues by: |  |  |  |  |  |  |  |  |
Footwear | $ | 7,851 |  | $ | 5,139 |  | $ | 4,432 |  | $ | 2,652 |  | $ | — |  | $ | 20,074 |  | $ | 1,442 |  | $ | — |  | $ | 21,516 |
Apparel | 3,580 |  | 2,973 |  | 1,775 |  | 1,098 |  | — |  | 9,426 |  | 82 |  | — |  | 9,508 |
Equipment | 364 |  | 365 |  | 150 |  | 135 |  | — |  | 1,014 |  | 22 |  | — |  | 1,036 |
Other | — |  | — |  | — |  | — |  | 18 |  | 18 |  | 63 |  | 53 |  | 134 |
TOTAL REVENUES | $ | 11,795 |  | $ | 8,477 |  | $ | 6,357 |  | $ | 3,885 |  | $ | 18 |  | $ | 30,532 |  | $ | 1,609 |  | $ | 53 |  | $ | 32,194 |
Revenues by: |  |  |  |  |  |  |  |  |
Sales to Wholesale Customers | $ | 6,967 |  | $ | 5,763 |  | $ | 3,392 |  | $ | 2,479 |  | $ | — |  | $ | 18,601 |  | $ | 998 |  | $ | — |  | $ | 19,599 |
Sales through Direct to Consumer | 4,828 |  | 2,714 |  | 2,965 |  | 1,406 |  | — |  | 11,913 |  | 548 |  | — |  | 12,461 |
Other | — |  | — |  | — |  | — |  | 18 |  | 18 |  | 63 |  | 53 |  | 134 |
TOTAL REVENUES | $ | 11,795 |  | $ | 8,477 |  | $ | 6,357 |  | $ | 3,885 |  | $ | 18 |  | $ | 30,532 |  | $ | 1,609 |  | $ | 53 |  | $ | 32,194 |
For the three and nine months ended February 28, 2022 and 2021, Global Brand Divisions revenues included NIKE Brand licensing and other miscellaneous revenues that are not part of a geographic operating segment. Converse Other revenues were primarily attributable to licensing businesses. Corporate revenues primarily consisted of foreign currency hedge gains and losses related to revenues generated by entities within the NIKE Brand geographic operating segments and Converse, but managed through the Company's central foreign exchange risk management program. As of February 28, 2022 and May 31, 2021, the Company did not have any contract assets and had an immaterial amount of contract liabilities recorded in Accrued liabilities on the Unaudited Condensed Consolidated Balance Sheets.

X
- References No definition available. + Details
Name: | us-gaap_RevenueFromContractWithCustomerAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure of revenue from contract with customer to transfer good or service and to transfer nonfinancial asset. Includes, but is not limited to, disaggregation of revenue, credit loss recognized from contract with customer, judgment and change in judgment related to contract with customer, and asset recognized from cost incurred to obtain or fulfill contract with customer. Excludes insurance and lease contracts. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -URI http://asc.fasb.org/topic&trid=49130388 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130551-203045 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 13 -Subparagraph (b)(2) -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130556-203045 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 12 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130554-203045 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130550-203045 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 12 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130554-203045 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 12 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130554-203045 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 12 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130554-203045 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130558-203045 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 12 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130554-203045 + Details
Name: | us-gaap_RevenueFromContractWithCustomerTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration