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OPERATING SEGMENTS (Tables) | 6 Months Ended
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Nov. 30, 2024
Segment Reporting [Abstract] |
Schedule of Segment Reporting Information, by Segment |
| THREE MONTHS ENDED NOVEMBER 30, |  | SIX MONTHS ENDED NOVEMBER 30,
(Dollars in millions) | 2024 | 2023 |  | 2024 | 2023
REVENUES |  |  |  |  |
North America | $ | 5,179 |  | $ | 5,625 |  |  | $ | 10,005 |  | $ | 11,048 |
Europe, Middle East & Africa | 3,303 |  | 3,567 |  |  | 6,446 |  | 7,177 |
Greater China | 1,711 |  | 1,863 |  |  | 3,377 |  | 3,598 |
Asia Pacific & Latin America | 1,744 |  | 1,805 |  |  | 3,206 |  | 3,377 |
Global Brand Divisions | 13 |  | 12 |  |  | 27 |  | 25 |
Total NIKE Brand | 11,950 |  | 12,872 |  |  | 23,061 |  | 25,225 |
Converse | 429 |  | 519 |  |  | 930 |  | 1,107 |
Corporate | (25) |  | (3) |  |  | (48) |  | (5) |
TOTAL NIKE, INC. REVENUES | $ | 12,354 |  | $ | 13,388 |  |  | $ | 23,943 |  | $ | 26,327 |
EARNINGS BEFORE INTEREST AND TAXES |  |  |  |  |
North America | $ | 1,371 |  | $ | 1,526 |  |  | $ | 2,587 |  | $ | 2,960 |
Europe, Middle East & Africa | 831 |  | 927 |  |  | 1,623 |  | 1,857 |
Greater China | 375 |  | 514 |  |  | 877 |  | 1,039 |
Asia Pacific & Latin America | 460 |  | 521 |  |  | 862 |  | 935 |
Global Brand Divisions | (1,133) |  | (1,168) |  |  | (2,360) |  | (2,373) |
Converse | 53 |  | 115 |  |  | 174 |  | 282 |
Corporate | (565) |  | (535) |  |  | (1,107) |  | (1,186) |
Interest expense (income), net | (24) |  | (22) |  |  | (67) |  | (56) |
TOTAL NIKE, INC. INCOME BEFORE INCOME TAXES | $ | 1,416 |  | $ | 1,922 |  |  | $ | 2,723 |  | $ | 3,570 |
Reconciliation of Assets from Segment to Consolidated |
| NOVEMBER 30, |  | MAY 31,
(Dollars in millions) | 2024 |  | 2024
ACCOUNTS RECEIVABLE, NET |  |  |
North America | $ | 2,421 |  |  | $ | 1,723 |
Europe, Middle East & Africa | 1,421 |  |  | 1,239 |
Greater China | 266 |  |  | 327 |
Asia Pacific & Latin America | 871 |  |  | 792 |
Global Brand Divisions | 104 |  |  | 103 |
Total NIKE Brand | 5,083 |  |  | 4,184 |
Converse | 201 |  |  | 201 |
Corporate | 18 |  |  | 42 |
TOTAL ACCOUNTS RECEIVABLE, NET | $ | 5,302 |  |  | $ | 4,427 |
INVENTORIES |  |  |
North America | $ | 3,414 |  |  | $ | 3,134 |
Europe, Middle East & Africa | 1,921 |  |  | 2,028 |
Greater China | 1,255 |  |  | 1,070 |
Asia Pacific & Latin America | 907 |  |  | 810 |
Global Brand Divisions | 166 |  |  | 166 |
Total NIKE Brand | 7,663 |  |  | 7,208 |
Converse | 306 |  |  | 296 |
Corporate | 12 |  |  | 15 |
TOTAL INVENTORIES(1) | $ | 7,981 |  |  | $ | 7,519 |
(1)Inventories as of November 30, 2024 and May 31, 2024, were substantially all finished goods.
| NOVEMBER 30, |  | MAY 31,
(Dollars in millions) | 2024 |  | 2024
PROPERTY, PLANT AND EQUIPMENT, NET |  |  |
North America | $ | 694 |  |  | $ | 744 |
Europe, Middle East & Africa | 1,089 |  |  | 1,089 |
Greater China | 238 |  |  | 258 |
Asia Pacific & Latin America | 300 |  |  | 282 |
Global Brand Divisions | 807 |  |  | 842 |
Total NIKE Brand | 3,128 |  |  | 3,215 |
Converse | 20 |  |  | 27 |
Corporate | 1,709 |  |  | 1,758 |
TOTAL PROPERTY, PLANT AND EQUIPMENT, NET | $ | 4,857 |  |  | $ | 5,000 |

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