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OPERATING SEGMENTS (Tables) | 9 Months Ended
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Feb. 29, 2024
Segment Reporting [Abstract] |
Schedule of Segment Reporting Information, by Segment |
| THREE MONTHS ENDED |  | NINE MONTHS ENDED
(Dollars in millions) | FEBRUARY 29, 2024 | FEBRUARY 28, 2023 |  | FEBRUARY 29, 2024 | FEBRUARY 28, 2023
REVENUES |  |  |  |  |
North America | $ | 5,070 |  | $ | 4,913 |  |  | $ | 16,118 |  | $ | 16,253 |
Europe, Middle East & Africa | 3,138 |  | 3,246 |  |  | 10,315 |  | 10,068 |
Greater China | 2,084 |  | 1,994 |  |  | 5,682 |  | 5,438 |
Asia Pacific & Latin America | 1,647 |  | 1,601 |  |  | 5,024 |  | 4,735 |
Global Brand Divisions | 9 |  | 12 |  |  | 34 |  | 44 |
Total NIKE Brand | 11,948 |  | 11,766 |  |  | 37,173 |  | 36,538 |
Converse | 495 |  | 612 |  |  | 1,602 |  | 1,841 |
Corporate | (14) |  | 12 |  |  | (19) |  | 13 |
TOTAL NIKE, INC. REVENUES | $ | 12,429 |  | $ | 12,390 |  |  | $ | 38,756 |  | $ | 38,392 |
EARNINGS BEFORE INTEREST AND TAXES |  |  |  |  |
North America | $ | 1,400 |  | $ | 1,190 |  |  | $ | 4,360 |  | $ | 4,064 |
Europe, Middle East & Africa | 734 |  | 785 |  |  | 2,591 |  | 2,750 |
Greater China | 722 |  | 702 |  |  | 1,761 |  | 1,754 |
Asia Pacific & Latin America | 471 |  | 485 |  |  | 1,406 |  | 1,470 |
Global Brand Divisions | (1,199) |  | (1,160) |  |  | (3,572) |  | (3,573) |
Converse | 98 |  | 164 |  |  | 380 |  | 526 |
Corporate | (874) |  | (696) |  |  | (2,060) |  | (2,014) |
Interest expense (income), net | (52) |  | (7) |  |  | (108) |  | 22 |
TOTAL NIKE, INC. INCOME BEFORE INCOME TAXES | $ | 1,404 |  | $ | 1,477 |  |  | $ | 4,974 |  | $ | 4,955 |
Reconciliation of Assets from Segment to Consolidated |
| FEBRUARY 29, |  | MAY 31,
(Dollars in millions) | 2024 |  | 2023
ACCOUNTS RECEIVABLE, NET |  |  |
North America | $ | 1,872 |  |  | $ | 1,653 |
Europe, Middle East & Africa | 1,336 |  |  | 1,197 |
Greater China | 197 |  |  | 162 |
Asia Pacific & Latin America | 750 |  |  | 700 |
Global Brand Divisions | 96 |  |  | 96 |
Total NIKE Brand | 4,251 |  |  | 3,808 |
Converse | 219 |  |  | 235 |
Corporate | 56 |  |  | 88 |
TOTAL ACCOUNTS RECEIVABLE, NET | $ | 4,526 |  |  | $ | 4,131 |
INVENTORIES |  |  |
North America | $ | 3,201 |  |  | $ | 3,806 |
Europe, Middle East & Africa | 2,046 |  |  | 2,167 |
Greater China | 1,121 |  |  | 973 |
Asia Pacific & Latin America | 889 |  |  | 894 |
Global Brand Divisions | 180 |  |  | 232 |
Total NIKE Brand | 7,437 |  |  | 8,072 |
Converse | 289 |  |  | 305 |
Corporate | — |  |  | 77 |
TOTAL INVENTORIES(1) | $ | 7,726 |  |  | $ | 8,454 |
(1)Inventories as of February 29, 2024 and May 31, 2023, were substantially all finished goods.
| FEBRUARY 29, |  | MAY 31,
(Dollars in millions) | 2024 |  | 2023
PROPERTY, PLANT AND EQUIPMENT, NET |  |  |
North America | $ | 760 |  |  | $ | 794 |
Europe, Middle East & Africa | 1,068 |  |  | 1,009 |
Greater China | 264 |  |  | 292 |
Asia Pacific & Latin America | 292 |  |  | 279 |
Global Brand Divisions | 886 |  |  | 840 |
Total NIKE Brand | 3,270 |  |  | 3,214 |
Converse | 30 |  |  | 38 |
Corporate | 1,782 |  |  | 1,829 |
TOTAL PROPERTY, PLANT AND EQUIPMENT, NET | $ | 5,082 |  |  | $ | 5,081 |

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