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Basic and Diluted Earnings Per Share | 6 Months Ended
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Nov. 30, 2022
Earnings Per Share [Abstract] |
Basic and Diluted Earnings Per Share | Note C: Basic and Diluted Earnings Per Share Basic and diluted earnings per share were calculated as follows:
|  | For the three months ended |  |  | For the six months ended |
|  | November 30, |  |  | November 30, |
In millions, except per share amounts |  | 2022 |  |  | 2021 |  |  | 2022 |  |  | 2021 |
Basic earnings per share: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net income |  | $ |  | 360.3 |  |  | $ |  | 332.1 |  |  | $ |  | 739.5 |  |  | $ |  | 665.7 |
Weighted-average common shares outstanding |  |  |  | 360.5 |  |  |  |  | 360.7 |  |  |  |  | 360.2 |  |  |  |  | 360.4 |
Basic earnings per share |  | $ |  | 1.00 |  |  | $ |  | 0.92 |  |  | $ |  | 2.05 |  |  | $ |  | 1.85 |
Diluted earnings per share: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net income |  | $ |  | 360.3 |  |  | $ |  | 332.1 |  |  | $ |  | 739.5 |  |  | $ |  | 665.7 |
Weighted-average common shares outstanding |  |  |  | 360.5 |  |  |  |  | 360.7 |  |  |  |  | 360.2 |  |  |  |  | 360.4 |
Dilutive effect of common share equivalents |  |  |  | 1.8 |  |  |  |  | 2.4 |  |  |  |  | 2.1 |  |  |  |  | 2.5 |
Weighted-average common shares outstanding, assuming dilution |  |  |  | 362.3 |  |  |  |  | 363.1 |  |  |  |  | 362.3 |  |  |  |  | 362.9 |
Diluted earnings per share |  | $ |  | 0.99 |  |  | $ |  | 0.91 |  |  | $ |  | 2.04 |  |  | $ |  | 1.83 |
Weighted-average anti-dilutive common share equivalents |  |  |  | 0.9 |  |  |  |  | 0.4 |  |  |  |  | 0.7 |  |  |  |  | 0.3 |
Weighted-average common share equivalents that have an anti-dilutive impact are excluded from the computation of diluted earnings per share.

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 3 -URI https://asc.fasb.org/extlink&oid=109243012&loc=SL65017193-207537 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI https://asc.fasb.org/topic&trid=2144383 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 2 -URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3630-109257 + Details
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