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Basic and Diluted Earnings Per Share (Tables) | 6 Months Ended
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Nov. 30, 2024
Earnings Per Share [Abstract] |
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 |  | 2024 |  |  | 2023 |  |  | 2024 |  |  | 2023 |
Basic earnings per share: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net income |  | $ |  | 413.4 |  |  | $ |  | 392.7 |  |  | $ |  | 840.8 |  |  | $ |  | 811.9 |
Weighted-average common shares outstanding |  |  |  | 360.0 |  |  |  |  | 360.5 |  |  |  |  | 360.1 |  |  |  |  | 360.6 |
Basic earnings per share |  | $ |  | 1.15 |  |  | $ |  | 1.09 |  |  | $ |  | 2.34 |  |  | $ |  | 2.25 |
Diluted earnings per share: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net income |  | $ |  | 413.4 |  |  | $ |  | 392.7 |  |  | $ |  | 840.8 |  |  | $ |  | 811.9 |
Weighted-average common shares outstanding |  |  |  | 360.0 |  |  |  |  | 360.5 |  |  |  |  | 360.1 |  |  |  |  | 360.6 |
Dilutive effect of common share equivalents |  |  |  | 1.7 |  |  |  |  | 1.6 |  |  |  |  | 1.7 |  |  |  |  | 1.8 |
Weighted-average common shares outstanding, assuming dilution |  |  |  | 361.7 |  |  |  |  | 362.1 |  |  |  |  | 361.8 |  |  |  |  | 362.4 |
Diluted earnings per share |  | $ |  | 1.14 |  |  | $ |  | 1.08 |  |  | $ |  | 2.32 |  |  | $ |  | 2.24 |
Weighted-average anti-dilutive common share equivalents |  |  |  | 0.3 |  |  |  |  | 0.8 |  |  |  |  | 0.4 |  |  |  |  | 0.7 |

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 + Details
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