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OPERATING SEGMENTS (Tables)

3 Months Ended

Aug. 31, 2022

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.

			THREE MONTHS ENDED AUGUST 31,
(Dollars in millions)			2022						2021
REVENUES
North America			$	5,510					$	4,879
Europe, Middle East & Africa			3,333						3,307
Greater China			1,656						1,982
Asia Pacific & Latin America			1,535						1,465
Global Brand Divisions			14						7
Total NIKE Brand			12,048						11,640
Converse			643						629
Corporate			(4)						(21)
TOTAL NIKE, INC. REVENUES			$	12,687					$	12,248
EARNINGS BEFORE INTEREST AND TAXES
North America			$	1,377					$	1,434
Europe, Middle East & Africa			975						875
Greater China			541						701
Asia Pacific & Latin America			500						481
Global Brand Divisions			(1,187)						(987)
Converse			209						204
Corporate			(574)						(545)
Interest expense (income), net			13						57
TOTAL NIKE, INC. INCOME BEFORE INCOME TAXES			$	1,828					$	2,106

Reconciliation of Assets from Segment to Consolidated

			AUGUST 31,						MAY 31,
(Dollars in millions)			2022						2022
ACCOUNTS RECEIVABLE, NET
North America			$	2,050					$	1,850
Europe, Middle East & Africa			1,614						1,351
Greater China			205						406
Asia Pacific & Latin America(1)			623						664
Global Brand Divisions			86						113
Total NIKE Brand			4,578						4,384
Converse			255						230
Corporate			127						53
TOTAL ACCOUNTS RECEIVABLE, NET			$	4,960					$	4,667
INVENTORIES
North America			$	4,699					$	4,098
Europe, Middle East & Africa			2,139						1,887
Greater China			1,115						1,044
Asia Pacific & Latin America(1)			837						686
Global Brand Divisions			197						197
Total NIKE Brand			8,987						7,912
Converse			319						279
Corporate			356						229
TOTAL INVENTORIES			$	9,662					$	8,420

			AUGUST 31,						MAY 31,
(Dollars in millions)			2022						2022
PROPERTY, PLANT AND EQUIPMENT, NET
North America			$	683					$	639
Europe, Middle East & Africa			873						920
Greater China			290						303
Asia Pacific & Latin America(1)			255						274
Global Brand Divisions			794						789
Total NIKE Brand			2,895						2,925
Converse			45						49
Corporate			1,838						1,817
TOTAL PROPERTY, PLANT AND EQUIPMENT, NET			$	4,778					$	4,791

(1)Excludes assets held-for-sale as of August 31, 2022 and May 31, 2022. See Note 13 — Acquisitions and Divestitures for additional information.

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- Definition

Tabular disclosure of all significant reconciling items in the reconciliation of total assets from reportable segments to the entity's consolidated assets.

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Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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