NIKE, Inc(NYSE:NKE) 
NIKE, Inc., together with its subsidiaries, designs, develops, markets, and sells athletic footwear, apparel, equipment, and accessories worldwide. The company offers NIKE brand products in six categories, including running, NIKE basketball, the Jordan brand, football, training, and sportswear. It a...
Website: http://www.nike.com
Founded: 1964
Full Time Employees: 75,400
Sector: Consumer Cyclical
Industry: Footwear & Accessories
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At a glance:
- Brand Remains a Global Leader with Strong Scale: NIKE continues to be one of the most recognized athletic brands globally, supported by broad product breadth, premium positioning, and significant marketing reach across sports and lifestyle categories.
- Direct-to-Consumer and Digital Channels Are Central to Strategy: NIKE’s growth strategy emphasizes expanding NIKE Direct (stores and e-commerce) and digital engagement to strengthen customer relationships, improve merchandising control, and support higher-margin sales mix.
- Innovation Pipeline and Newness Drive Product Demand: Ongoing investment in footwear and apparel innovation—along with refreshed silhouettes and performance technology—remains a key lever to sustain demand, pricing power, and brand heat.
- Execution Depends on Inventory and Promotional Discipline: Operational performance is sensitive to inventory management and the promotional environment; effective supply-demand alignment and disciplined discounting are important to protect margins and brand equity.
- International and Wholesale Partnerships Remain Important Growth Levers: While NIKE Direct is a priority, international markets and select wholesale partners continue to be meaningful for scale, distribution, and category expansion, particularly in performance and sport-specialty channels.
Bull Thesis:
- Unrivaled Brand Strength & Global Demand: NIKE's iconic brand and deep emotional connection with consumers worldwide continue to drive strong demand and pricing power across diverse product categories and geographies. Its global presence provides resilience against regional economic fluctuations.
- Successful Direct-to-Consumer (DTC) Strategy: The ongoing shift to a DTC model (Nike.com, SNKRS app, Nike stores) is improving gross margins, enhancing customer relationships through personalized experiences, and providing valuable first-party data. This strategy reduces reliance on wholesale partners and strengthens brand control.
- Continuous Product Innovation & Pipeline: NIKE's consistent investment in research and development ensures a robust pipeline of innovative products and technologies (e.g., Air, ZoomX, Flyknit). This innovation maintains its competitive edge, drives new sales cycles, and reinforces its leadership in performance and lifestyle categories.
- Strategic Market Expansion & Category Growth: Significant growth opportunities remain in expanding its women's category offerings, deepening penetration in key international markets (e.g., EMEA, Latin America), and leveraging trends in health and wellness to capture new consumer segments.
Bear Thesis:
- Intensifying Competition & Market Share Pressure: The athletic footwear and apparel market is highly competitive, with strong established rivals (Adidas, Puma, Under Armour) and emerging brands vying for market share. This intense competition could lead to increased marketing spend, price wars, or slower growth for NIKE.
- Exposure to Geopolitical & Economic Risks in China: NIKE's significant reliance on the Greater China market exposes it to risks from geopolitical tensions, economic slowdowns, and the rise of strong local competitors (e.g., Anta, Li-Ning). Any sustained downturn or consumer backlash in this region could materially impact its revenue and profitability.
- Potential for Supply Chain Disruptions & Inventory Challenges: Despite optimization efforts, global supply chain vulnerabilities (e.g., geopolitical events, natural disasters, labor issues) could lead to production delays, increased costs, or inventory imbalances (either gluts requiring markdowns or shortages leading to missed sales opportunities).
- Macroeconomic Headwinds Impacting Consumer Spending: Inflationary pressures, rising interest rates, and a potential economic downturn could reduce discretionary consumer spending on premium athletic products. This could lead to lower sales volumes, increased promotional activity, and pressure on NIKE's profit margins.
Main Competitors:
- Adidas AG ($ADS.DE) (Footwear (running, basketball, lifestyle), apparel, accessories), Adidas is Nike's primary global competitor, directly challenging Nike across almost all product categories, including performance sports footwear and apparel, and lifestyle fashion. They compete through innovation, design, extensive athlete sponsorships, and a strong global retail presence.
- Puma SE ($PUM.DE) (Footwear (running, football, motorsport, lifestyle), apparel, accessories), Puma competes in both performance sports and lifestyle markets, often leveraging celebrity endorsements and fashion collaborations to gain market share. They are particularly strong in football (soccer), motorsport, and lifestyle footwear, offering a distinct brand identity to challenge Nike.
- Under Armour, Inc. ($UAA) (Performance apparel, footwear, accessories), Under Armour focuses heavily on performance athletic wear, particularly in training, American football, and basketball. They compete by emphasizing technical innovation in materials and design, aiming to provide athletes with a performance edge, and through strategic athlete endorsements.
- New Balance Athletics, Inc. (Footwear (running, lifestyle), apparel), New Balance is a privately held company that competes in the running and lifestyle footwear and apparel markets. They are known for comfort, quality, and a strong heritage appeal, often appealing to consumers seeking alternatives to the larger brands, and have seen a resurgence in lifestyle fashion.
- Lululemon Athletica Inc. ($LULU) (Athletic apparel, accessories, some footwear), While traditionally focused on premium athletic apparel and athleisure, Lululemon increasingly competes with Nike in the broader activewear and lifestyle market, particularly among women. They emphasize design, comfort, community building, and are expanding into men's categories and footwear, challenging Nike's dominance in lifestyle and premium activewear.
Moat:
Nike's competitive moat is built on its unparalleled brand equity, continuous innovation in product technology, extensive global distribution network, and powerful marketing through top-tier athlete endorsements and iconic campaigns. The sportswear market is intensely competitive, with rivals constantly striving to match Nike's innovation, secure key sponsorships, and adapt to evolving fashion and performance trends. Competition also extends to direct-to-consumer strategies, sustainability initiatives, and capturing specific demographic segments, requiring Nike to consistently invest in R&D, marketing, and supply chain efficiency to maintain its leadership position.
Income Statements:
Quarterly
Annual
| Unit: USD | 2025-11-30 | 2025-08-31 | 2025-05-31 | 2025-02-28 | 2024-11-30 | 2024-08-31 | 2024-05-31 | 2024-02-29 | 2023-11-30 | 2023-08-31 | 2023-05-31 | 2023-02-28 | 2022-11-30 | 2022-08-31 | 2022-05-31 | 2022-02-28 | 2021-11-30 | 2021-08-31 | 2021-05-31 | 2021-02-28 | 2020-11-30 | 2020-08-31 | 2020-05-31 | 2020-02-29 | 2019-11-30 | 2019-08-31 | 2019-05-31 | 2019-02-28 | 2018-11-30 | 2018-08-31 | 2018-05-31 | 2018-02-28 | 2017-11-30 | 2017-08-31 | 2017-05-31 | 2017-02-28 | 2016-11-30 | 2016-08-31 | 2016-05-31 | 2016-02-29 | 2015-11-30 | 2015-08-31 | 2015-05-31 | 2015-02-28 | 2014-11-30 | 2014-08-31 | 2014-05-31 | 2014-02-28 | 2013-11-30 | 2013-08-31 | 2013-05-31 | 2013-02-28 | 2012-11-30 | 2012-08-31 | 2012-05-31 | 2012-02-29 | 2011-11-30 | 2011-08-31 | 2011-05-31 | 2011-02-28 | 2010-11-30 | 2010-08-31 | 2010-05-31 | 2010-02-28 | 2009-11-30 | 2009-08-31 | 2009-05-31 | 2009-02-28 | 2008-11-30 | 2007-05-31 | 2006-05-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
revenues | 12,427,000,000 | 11,720,000,000 | 11,097,000,000 | 11,269,000,000 | 12,354,000,000 | 11,589,000,000 | 12,606,000,000 | 12,429,000,000 | 13,388,000,000 | 12,939,000,000 | 12,825,000,000 | 12,390,000,000 | 13,315,000,000 | 12,687,000,000 | 12,234,000,000 | 10,871,000,000 | 11,357,000,000 | 12,248,000,000 | 12,344,000,000 | 10,357,000,000 | 11,243,000,000 | 10,594,000,000 | 6,313,000,000 | 10,104,000,000 | 10,326,000,000 | 10,660,000,000 | 10,184,000,000 | 9,611,000,000 | 9,374,000,000 | 9,948,000,000 | 9,789,000,000 | 8,984,000,000 | 8,554,000,000 | 9,070,000,000 | 8,677,000,000 | 8,432,000,000 | 8,180,000,000 | 9,061,000,000 | 8,244,000,000 | 8,032,000,000 | 7,686,000,000 | 8,414,000,000 | 7,779,000,000 | 7,460,000,000 | 7,380,000,000 | 7,982,000,000 | 7,425,000,000 | 6,972,000,000 | 6,431,000,000 | 6,971,000,000 | 6,697,000,000 | 6,187,000,000 | 5,955,000,000 | 6,669,000,000 | -17,657,993,919 | 5,846,000,000 | 5,731,000,000 | 6,081,000,000 | 5,766,000,000 | 5,079,000,000 | 4,842,000,000 | 5,175,000,000 | 5,076,900,000 | 4,733,000,000 | 4,405,600,000 | 4,798,500,000 | 4,713,000,000 | 4,440,800,000 | 4,590,100,000 | ||
yoy | 0.59% | 1.13% | -11.97% | -9.33% | -7.72% | -10.43% | -1.71% | 0.31% | 0.55% | 1.99% | 4.83% | 13.97% | 17.24% | 3.58% | -0.89% | 4.96% | 1.01% | 15.61% | 95.53% | 2.50% | 8.88% | -0.62% | -38.01% | 5.13% | 10.16% | 7.16% | 4.04% | 6.98% | 9.59% | 9.68% | 12.82% | 6.55% | 4.57% | 0.10% | 5.25% | 4.98% | 6.43% | 7.69% | 5.98% | 7.67% | 4.15% | 5.41% | 4.77% | 7.00% | 14.76% | 14.50% | 10.87% | 12.69% | 7.99% | 4.53% | -137.93% | 5.83% | 3.91% | 9.67% | -406.24% | 15.10% | 18.36% | 17.51% | 13.57% | 7.31% | 9.91% | 7.85% | 7.72% | 6.58% | -4.02% | ||||||
qoq | 6.03% | 5.61% | -1.53% | -8.78% | 6.60% | -8.07% | 1.42% | -7.16% | 3.47% | 0.89% | 3.51% | -6.95% | 4.95% | 3.70% | 12.54% | -4.28% | -7.27% | -0.78% | 19.19% | -7.88% | 6.13% | 67.81% | -37.52% | -2.15% | -3.13% | 4.67% | 5.96% | 2.53% | -5.77% | 1.62% | 8.96% | 5.03% | -5.69% | 4.53% | 2.91% | 3.08% | -9.72% | 9.91% | 2.64% | 4.50% | -8.65% | 8.16% | 4.28% | 1.08% | -7.54% | 7.50% | 6.50% | 8.41% | -7.75% | 4.09% | 8.24% | 3.90% | -10.71% | -137.77% | -402.05% | 2.01% | -5.76% | 5.46% | 13.53% | 4.89% | -6.43% | 1.93% | 7.27% | 7.43% | -8.19% | 1.81% | 6.13% | -3.25% | |||
cost of sales | 7,382,000,000 | 6,777,000,000 | 6,628,000,000 | 6,594,000,000 | 6,965,000,000 | 6,332,000,000 | 6,972,000,000 | 6,867,000,000 | 7,417,000,000 | 7,219,000,000 | 7,230,000,000 | 7,019,000,000 | 7,604,000,000 | 7,072,000,000 | 6,731,000,000 | 5,804,000,000 | 6,144,000,000 | 6,552,000,000 | 6,689,000,000 | 5,638,000,000 | 6,396,000,000 | 5,853,000,000 | 3,960,000,000 | 5,631,000,000 | 5,782,000,000 | 5,789,000,000 | 5,551,000,000 | 5,272,000,000 | 5,269,000,000 | 5,551,000,000 | 5,411,000,000 | 5,046,000,000 | 4,876,000,000 | 5,108,000,000 | 4,854,000,000 | 4,682,000,000 | 4,564,000,000 | 4,938,000,000 | 4,458,000,000 | 4,343,000,000 | 4,185,000,000 | 4,419,000,000 | 4,186,000,000 | 4,034,000,000 | 4,053,000,000 | 4,261,000,000 | 4,040,000,000 | 3,869,000,000 | 3,605,000,000 | 3,839,000,000 | 3,757,000,000 | 3,451,000,000 | 3,425,000,000 | 3,766,000,000 | -9,953,986,343 | 3,285,000,000 | 3,281,000,000 | 3,388,000,000 | 3,212,000,000 | 2,752,000,000 | 2,649,000,000 | 2,741,000,000 | 2,670,700,000 | 2,515,000,000 | 2,444,900,000 | 2,583,000,000 | 2,669,200,000 | 2,492,300,000 | 2,540,100,000 | ||
gross profit | 5,045,000,000 | 4,943,000,000 | 4,469,000,000 | 4,675,000,000 | 5,389,000,000 | 5,257,000,000 | 5,634,000,000 | 5,562,000,000 | 5,971,000,000 | 5,720,000,000 | 5,595,000,000 | 5,371,000,000 | 5,711,000,000 | 5,615,000,000 | 5,503,000,000 | 5,067,000,000 | 5,213,000,000 | 5,696,000,000 | 5,655,000,000 | 4,719,000,000 | 4,847,000,000 | 4,741,000,000 | 2,353,000,000 | 4,473,000,000 | 4,544,000,000 | 4,871,000,000 | 4,633,000,000 | 4,339,000,000 | 4,105,000,000 | 4,397,000,000 | 4,378,000,000 | 3,938,000,000 | 3,678,000,000 | 3,962,000,000 | 3,823,000,000 | 3,750,000,000 | 3,616,000,000 | 4,123,000,000 | 3,786,000,000 | 3,689,000,000 | 3,501,000,000 | 3,995,000,000 | 3,593,000,000 | 3,426,000,000 | 3,327,000,000 | 3,721,000,000 | 3,385,000,000 | 3,103,000,000 | 2,826,000,000 | 3,132,000,000 | 2,940,000,000 | 2,736,000,000 | 2,530,000,000 | 2,903,000,000 | -7,703,997,307 | 2,561,000,000 | 2,450,000,000 | 2,693,000,000 | 2,554,000,000 | 2,327,000,000 | 2,193,000,000 | 2,434,000,000 | 2,406,200,000 | 2,218,000,000 | 1,960,700,000 | 2,215,500,000 | 2,043,800,000 | 1,948,500,000 | 2,050,000,000 | ||
yoy | -6.38% | -5.97% | -20.68% | -15.95% | -9.75% | -8.09% | 0.70% | 3.56% | 4.55% | 1.87% | 1.67% | 6.00% | 9.55% | -1.42% | -2.69% | 7.37% | 7.55% | 20.14% | 140.33% | 5.50% | 6.67% | -2.67% | -49.21% | 3.09% | 10.69% | 10.78% | 5.82% | 10.18% | 11.61% | 10.98% | 14.52% | 5.01% | 1.71% | -3.90% | 0.98% | 1.65% | 3.28% | 3.20% | 5.37% | 7.68% | 5.23% | 7.36% | 6.14% | 10.41% | 17.73% | 18.81% | 15.14% | 13.41% | 11.70% | 7.89% | -138.16% | 6.83% | 3.27% | 7.80% | -401.64% | 10.06% | 11.72% | 10.64% | 6.14% | 4.91% | 11.85% | 9.86% | 17.73% | 13.83% | -4.36% | ||||||
qoq | 2.06% | 10.61% | -4.41% | -13.25% | 2.51% | -6.69% | 1.29% | -6.85% | 4.39% | 2.23% | 4.17% | -5.95% | 1.71% | 2.04% | 8.60% | -2.80% | -8.48% | 0.73% | 19.83% | -2.64% | 2.24% | 101.49% | -47.40% | -1.56% | -6.71% | 5.14% | 6.78% | 5.70% | -6.64% | 0.43% | 11.17% | 7.07% | -7.17% | 3.64% | 1.95% | 3.71% | -12.30% | 8.90% | 2.63% | 5.37% | -12.37% | 11.19% | 4.87% | 2.98% | -10.59% | 9.93% | 9.09% | 9.80% | -9.77% | 6.53% | 7.46% | 8.14% | -12.85% | -137.68% | -400.82% | 4.53% | -9.02% | 5.44% | 9.76% | 6.11% | -9.90% | 1.16% | 8.49% | 13.12% | -11.50% | 8.40% | 4.89% | -4.95% | |||
gross margin % | 40.60% | 42.18% | 40.27% | 41.49% | 43.62% | 45.36% | 44.69% | 44.75% | 44.60% | 44.21% | 43.63% | 43.35% | 42.89% | 44.26% | 44.98% | 46.61% | 45.90% | 46.51% | 45.81% | 45.56% | 43.11% | 44.75% | 37.27% | 44.27% | 44.01% | 45.69% | 45.49% | 45.15% | 43.79% | 44.20% | 44.72% | 43.83% | 43.00% | 43.68% | 44.06% | 44.47% | 44.21% | 45.50% | 45.92% | 45.93% | 45.55% | 47.48% | 46.19% | 45.92% | 45.08% | 46.62% | 45.59% | 44.51% | 43.94% | 44.93% | 43.90% | 44.22% | 42.49% | 43.53% | 43.63% | 43.81% | 42.75% | 44.29% | 44.29% | 45.82% | 45.29% | 47.03% | 47.40% | 46.86% | 44.50% | 46.17% | 43.37% | 43.88% | 44.66% | ||
demand creation expense | 1,273,000,000 | 1,188,000,000 | 1,253,000,000 | 1,088,000,000 | 1,122,000,000 | 1,226,000,000 | 1,091,000,000 | 1,011,000,000 | 1,114,000,000 | 1,069,000,000 | 1,092,000,000 | 923,000,000 | 1,102,000,000 | 943,000,000 | 1,061,000,000 | 854,000,000 | 1,017,000,000 | 918,000,000 | 997,000,000 | 711,000,000 | 729,000,000 | 677,000,000 | 823,000,000 | 870,000,000 | 881,000,000 | 1,018,000,000 | 1,014,000,000 | 865,000,000 | 910,000,000 | 964,000,000 | 983,000,000 | 862,000,000 | 877,000,000 | 855,000,000 | 789,000,000 | 749,000,000 | 762,000,000 | 1,041,000,000 | 873,000,000 | 804,000,000 | 769,000,000 | 832,000,000 | 819,000,000 | 731,000,000 | 766,000,000 | 897,000,000 | 876,000,000 | 733,000,000 | 691,000,000 | 731,000,000 | 642,000,000 | 619,000,000 | 613,000,000 | 891,000,000 | -1,950,997,289 | 615,000,000 | 644,000,000 | 692,000,000 | 617,000,000 | 578,000,000 | 574,000,000 | 679,000,000 | |||||||||
operating overhead expense | 2,766,000,000 | 2,828,000,000 | 2,895,000,000 | 2,799,000,000 | 2,883,000,000 | 2,822,000,000 | 2,997,000,000 | 3,215,000,000 | 3,032,000,000 | 3,047,000,000 | 3,282,000,000 | 3,036,000,000 | 3,022,000,000 | 2,977,000,000 | 2,974,000,000 | 2,584,000,000 | 2,742,000,000 | 2,654,000,000 | 2,745,000,000 | 2,330,000,000 | 2,538,000,000 | 2,298,000,000 | 2,368,000,000 | 2,413,000,000 | 2,443,000,000 | 2,310,000,000 | 2,392,000,000 | 2,226,000,000 | 2,232,000,000 | 2,099,000,000 | 2,137,000,000 | 1,905,000,000 | 1,891,000,000 | 2,001,000,000 | 1,876,000,000 | 1,747,000,000 | 1,743,000,000 | 1,856,000,000 | 1,893,000,000 | 1,762,000,000 | 1,791,000,000 | 1,745,000,000 | 1,776,000,000 | 1,648,000,000 | 1,672,000,000 | 1,583,000,000 | 1,580,000,000 | 1,433,000,000 | 1,397,000,000 | 1,325,000,000 | 1,380,000,000 | 1,244,000,000 | 1,223,000,000 | 1,262,000,000 | -3,493,995,280 | 1,187,000,000 | 1,176,000,000 | 1,131,000,000 | 1,155,000,000 | 1,059,000,000 | 1,037,000,000 | 994,000,000 | |||||||||
total selling and administrative expense | 4,039,000,000 | 4,016,000,000 | 4,148,000,000 | 3,887,000,000 | 4,005,000,000 | 4,048,000,000 | 4,088,000,000 | 4,226,000,000 | 4,146,000,000 | 4,116,000,000 | 4,374,000,000 | 3,959,000,000 | 4,124,000,000 | 3,920,000,000 | 4,035,000,000 | 3,438,000,000 | 3,759,000,000 | 3,572,000,000 | 3,742,000,000 | 3,041,000,000 | 3,267,000,000 | 2,975,000,000 | 3,191,000,000 | 3,283,000,000 | 3,324,000,000 | 3,328,000,000 | 3,406,000,000 | 3,091,000,000 | 3,142,000,000 | 3,063,000,000 | 3,120,000,000 | 2,767,000,000 | 2,768,000,000 | 2,856,000,000 | 2,665,000,000 | 2,496,000,000 | 2,505,000,000 | 2,897,000,000 | 2,766,000,000 | 2,566,000,000 | 2,560,000,000 | 2,577,000,000 | 2,595,000,000 | 2,379,000,000 | 2,438,000,000 | 2,480,000,000 | 2,456,000,000 | 2,166,000,000 | 2,088,000,000 | 2,056,000,000 | 2,022,000,000 | 1,863,000,000 | 1,836,000,000 | 2,153,000,000 | -5,444,992,569 | 1,802,000,000 | 1,820,000,000 | 1,823,000,000 | 1,772,000,000 | 1,637,000,000 | 1,611,000,000 | ||||||||||
interest expense | -9,000,000 | -18,000,000 | -22,000,000 | -18,000,000 | -24,000,000 | -43,000,000 | -53,000,000 | -52,000,000 | -22,000,000 | -34,000,000 | -28,000,000 | -7,000,000 | 16,000,000 | 13,000,000 | 40,000,000 | 53,000,000 | 55,000,000 | 57,000,000 | 63,000,000 | 64,000,000 | 70,000,000 | 65,000,000 | 50,000,000 | 12,000,000 | 12,000,000 | 15,000,000 | 12,000,000 | 12,000,000 | 14,000,000 | 11,000,000 | 12,000,000 | 13,000,000 | 13,000,000 | 16,000,000 | 18,000,000 | 19,000,000 | 15,000,000 | 7,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | 4,000,000 | 4,000,000 | 6,000,000 | 9,000,000 | 9,000,000 | 8,000,000 | 9,000,000 | 8,000,000 | 8,000,000 | 3,000,000 | -2,000,000 | -1,000,000 | -3,000,000 | 750,000 | 3,000,000 | 1,000,000 | -1,000,000 | |||||||||||||
other expense | 16,000,000 | 23,000,000 | 25,000,000 | -38,000,000 | -8,000,000 | -55,000,000 | -127,000,000 | -16,000,000 | -75,000,000 | -10,000,000 | 3,000,000 | -58,000,000 | -79,000,000 | -146,000,000 | 54,000,000 | -94,000,000 | -102,000,000 | -39,000,000 | -4,000,000 | -22,000,000 | 54,000,000 | -14,000,000 | -84,000,000 | 297,000,000 | -41,000,000 | -33,000,000 | -28,000,000 | -55,000,000 | -48,000,000 | 53,000,000 | 31,000,000 | -1,000,000 | 18,000,000 | 18,000,000 | -28,000,000 | -88,000,000 | -18,000,000 | -62,000,000 | -58,000,000 | -17,000,000 | -34,000,000 | -31,000,000 | -5,000,000 | 2,000,000 | 3,000,000 | 17,000,000 | 45,000,000 | 13,000,000 | 28,000,000 | 13,000,000 | 17,000,000 | -17,000,000 | -29,000,000 | 4,000,000 | -11,000,000 | 9,000,000 | 18,000,000 | 7,000,000 | |||||||||||||
income before income taxes | 999,000,000 | 922,000,000 | 318,000,000 | 844,000,000 | 1,416,000,000 | 1,307,000,000 | 1,726,000,000 | 1,404,000,000 | 1,922,000,000 | 1,648,000,000 | 1,246,000,000 | 1,477,000,000 | 1,650,000,000 | 1,828,000,000 | 1,374,000,000 | 1,670,000,000 | 1,501,000,000 | 2,106,000,000 | 1,854,000,000 | 1,636,000,000 | 1,456,000,000 | 1,715,000,000 | -804,000,000 | 881,000,000 | 1,249,000,000 | 1,561,000,000 | 1,243,000,000 | 1,291,000,000 | 997,000,000 | 1,270,000,000 | 1,215,000,000 | 1,159,000,000 | 879,000,000 | 1,072,000,000 | 1,168,000,000 | 1,323,000,000 | 1,114,000,000 | 1,281,000,000 | 1,073,000,000 | 1,135,000,000 | 970,000,000 | 1,445,000,000 | 1,052,000,000 | 1,046,000,000 | 878,000,000 | 1,229,000,000 | 904,000,000 | 883,000,000 | 717,000,000 | 1,040,000,000 | 902,000,000 | 858,000,000 | 712,000,000 | 782,000,000 | -2,239,997,017 | 770,000,000 | 618,000,000 | 852,000,000 | 773,000,000 | 707,000,000 | 609,000,000 | 755,000,000 | 682,800,000 | 661,900,000 | 491,000,000 | 681,200,000 | 486,300,000 | 235,400,000 | 520,600,000 | ||
income tax expense | 207,000,000 | 195,000,000 | 107,000,000 | 50,000,000 | 253,000,000 | 256,000,000 | 226,000,000 | 232,000,000 | 344,000,000 | 198,000,000 | 215,000,000 | 237,000,000 | 319,000,000 | 360,000,000 | -65,000,000 | 274,000,000 | 164,000,000 | 232,000,000 | 345,000,000 | 187,000,000 | 205,000,000 | 197,000,000 | -14,000,000 | 34,000,000 | 134,000,000 | 194,000,000 | 254,000,000 | 190,000,000 | 150,000,000 | 178,000,000 | 78,000,000 | 2,080,000,000 | 112,000,000 | 122,000,000 | 160,000,000 | 182,000,000 | 272,000,000 | 32,000,000 | 227,000,000 | 185,000,000 | 185,000,000 | 266,000,000 | 187,000,000 | 255,000,000 | 223,000,000 | 267,000,000 | 213,000,000 | 198,000,000 | 180,000,000 | 260,000,000 | 206,000,000 | 196,000,000 | 191,000,000 | 215,000,000 | 141,500,000 | 210,000,000 | 149,000,000 | 207,000,000 | 133,000,000 | 184,000,000 | 152,000,000 | 196,000,000 | 115,600,000 | 168,200,000 | |||||||
net income | 792,000,000 | 727,000,000 | 211,000,000 | 794,000,000 | 1,163,000,000 | 1,051,000,000 | 1,500,000,000 | 1,172,000,000 | 1,578,000,000 | 1,450,000,000 | 1,031,000,000 | 1,240,000,000 | 1,331,000,000 | 1,468,000,000 | 1,439,000,000 | 1,396,000,000 | 1,337,000,000 | 1,874,000,000 | 1,509,000,000 | 1,449,000,000 | 1,251,000,000 | 1,518,000,000 | -790,000,000 | 847,000,000 | 1,115,000,000 | 1,367,000,000 | 989,000,000 | 1,101,000,000 | 847,000,000 | 1,092,000,000 | 1,137,000,000 | -921,000,000 | 767,000,000 | 950,000,000 | 1,008,000,000 | 1,141,000,000 | 842,000,000 | 1,249,000,000 | 846,000,000 | 950,000,000 | 785,000,000 | 1,179,000,000 | 865,000,000 | 791,000,000 | 655,000,000 | 962,000,000 | 691,000,000 | 685,000,000 | 537,000,000 | 780,000,000 | 668,000,000 | 866,000,000 | 384,000,000 | 567,000,000 | -1,673,999,355 | 560,000,000 | 469,000,000 | 645,000,000 | 594,000,000 | 523,000,000 | 457,000,000 | 559,000,000 | 521,900,000 | 496,400,000 | 375,400,000 | 513,000,000 | 341,400,000 | 243,800,000 | 391,000,000 | ||
yoy | -31.90% | -30.83% | -85.93% | -32.25% | -26.30% | -27.52% | 45.49% | -5.48% | 18.56% | -1.23% | -28.35% | -11.17% | -0.45% | -21.66% | -4.64% | -3.66% | 6.87% | 23.45% | -291.01% | 71.07% | 12.20% | 11.05% | -179.88% | -23.07% | 31.64% | 25.18% | -13.02% | -219.54% | 10.43% | 14.95% | 12.80% | -180.72% | -8.91% | -23.94% | 19.15% | 20.11% | 7.26% | 5.94% | -2.20% | 20.10% | 19.85% | 22.56% | 25.18% | 15.47% | 21.97% | 23.33% | 3.44% | -20.90% | 39.84% | 37.57% | -139.90% | 54.64% | -18.12% | -12.09% | -381.82% | 7.07% | 2.63% | 15.38% | 13.81% | 5.36% | 21.74% | 8.97% | 52.87% | 103.61% | -3.99% | ||||||
qoq | 8.94% | 244.55% | -73.43% | -31.73% | 10.66% | -29.93% | 27.99% | -25.73% | 8.83% | 40.64% | -16.85% | -6.84% | -9.33% | 2.02% | 3.08% | 4.41% | -28.66% | 24.19% | 4.14% | 15.83% | -17.59% | -292.15% | -193.27% | -24.04% | -18.43% | 38.22% | -10.17% | 29.99% | -22.44% | -3.96% | -223.45% | -220.08% | -19.26% | -5.75% | -11.66% | 35.51% | -32.59% | 47.64% | -10.95% | 21.02% | -33.42% | 36.30% | 9.36% | 20.76% | -31.91% | 39.22% | 0.88% | 27.56% | -31.15% | 16.77% | -22.86% | 125.52% | -32.28% | -133.87% | -398.93% | 19.40% | -27.29% | 8.59% | 13.58% | 14.44% | -18.25% | 7.11% | 5.14% | 32.23% | -26.82% | 50.26% | 40.03% | -37.65% | |||
net income margin % | 6.37% | 6.20% | 1.90% | 7.05% | 9.41% | 9.07% | 11.90% | 9.43% | 11.79% | 11.21% | 8.04% | 10.01% | 10.00% | 11.57% | 11.76% | 12.84% | 11.77% | 15.30% | 12.22% | 13.99% | 11.13% | 14.33% | -12.51% | 8.38% | 10.80% | 12.82% | 9.71% | 11.46% | 9.04% | 10.98% | 11.62% | -10.25% | 8.97% | 10.47% | 11.62% | 13.53% | 10.29% | 13.78% | 10.26% | 11.83% | 10.21% | 14.01% | 11.12% | 10.60% | 8.88% | 12.05% | 9.31% | 9.83% | 8.35% | 11.19% | 9.97% | 14.00% | 6.45% | 8.50% | 9.48% | 9.58% | 8.18% | 10.61% | 10.30% | 10.30% | 9.44% | 10.80% | 10.28% | 10.49% | 8.52% | 10.69% | 7.24% | 5.49% | 8.52% | ||
earnings per common share: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 540,000 | 490,000 | 150,000 | 540,000 | 780,000 | 700,000 | 1,000,000 | 770,000 | 1,040,000 | 950,000 | 680,000 | 800,000 | 850,000 | 940,000 | 920,000 | 880,000 | 840,000 | 1,180,000 | 960,000 | 920,000 | 800,000 | 970,000 | -500,000 | 540,000 | 710,000 | 870,000 | 630,000 | 700,000 | 540,000 | 690,000 | 700,000 | -570,000 | 470,000 | 580,000 | 610,000 | 690,000 | 510,000 | 750,000 | 500,000 | 560,000 | 460,000 | 1,380,000 | 1,010,000 | 920,000 | 760,000 | 1,110,000 | |||||||||||||||||||||||||
diluted | 530,000 | 490,000 | 140,000 | 540,000 | 780,000 | 700,000 | 990,000 | 770,000 | 1,030,000 | 940,000 | 660,000 | 790,000 | 850,000 | 930,000 | 900,000 | 870,000 | 830,000 | 1,160,000 | 940,000 | 900,000 | 780,000 | 950,000 | -490,000 | 530,000 | 700,000 | 860,000 | 620,000 | 680,000 | 520,000 | 670,000 | 690,000 | -570,000 | 460,000 | 570,000 | 600,000 | 680,000 | 500,000 | 730,000 | 490,000 | 550,000 | 450,000 | 1,340,000 | 980,000 | 890,000 | 740,000 | 1,090,000 | |||||||||||||||||||||||||
weighted-average common shares outstanding: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 1,479,500,000 | 1,476,600,000 | 1,484,900,000 | 1,478,100,000 | 1,486,800,000 | 1,497,700,000 | 1,517,600,000 | 1,513,200,000 | 1,520,800,000 | 1,528,400,000 | 1,551,600,000 | 1,543,800,000 | 1,559,000,000 | 1,567,100,000 | 1,578,800,000 | 1,579,000,000 | 1,582,400,000 | 1,581,900,000 | 1,573,000,000 | 1,578,000,000 | 1,573,000,000 | 1,561,800,000 | 1,558,800,000 | 1,556,300,000 | 1,560,600,000 | 1,562,400,000 | 1,579,700,000 | 1,572,800,000 | 1,581,400,000 | ||||||||||||||||||||||||||||||||||||||||||
diluted | 1,481,000,000 | 1,479,000,000 | 1,487,600,000 | 1,480,600,000 | 1,490,000,000 | 1,502,000,000 | 1,529,700,000 | 1,526,500,000 | 1,532,100,000 | 1,543,300,000 | 1,569,800,000 | 1,564,800,000 | 1,572,400,000 | 1,585,800,000 | 1,610,800,000 | 1,610,700,000 | 1,617,400,000 | 1,619,600,000 | 1,609,400,000 | 1,616,900,000 | 1,609,500,000 | 1,593,300,000 | 1,591,600,000 | 1,591,600,000 | 1,594,400,000 | 1,597,500,000 | 1,618,400,000 | 1,609,600,000 | 1,620,700,000 | ||||||||||||||||||||||||||||||||||||||||||
dividends declared per common share | 200,000 | 200,000 | 200,000 | 200,000 | 180,000 | 180,000 | 180,000 | 180,000 | 160,000 | 160,000 | 160,000 | 160,000 | 280,000 | 280,000 | 280,000 | 280,000 | 240,000 | 0.24 | 0.24 | 0.24 | 0.21 | 0.21 | 0.21 | 0.21 | 360,000 | 257,500 | 360,000 | 360,000 | 310,000 | 310,000 | 310,000 | 310,000 | 270,000 | 270,000 | 270,000 | 270,000 | 250,000 | 250,000 | 250,000 | 250,000 | |||||||||||||||||||||||||||||||
income from continuing operations: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income from continuing operations | 691,000,000 | 685,000,000 | 537,000,000 | 780,000,000 | 696,000,000 | 662,000,000 | 521,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income from discontinued operations | -28,000,000 | 204,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
earnings per share from continuing operations: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic earnings per common share | 0.79 | 0.78 | 0.6 | 0.88 | 0.78 | 0.74 | 0.58 | 1,250,000 | -3,629,998.61 | 1,220,000 | 1,020,000 | 1,390,000 | 1,260,000 | 1,100,000 | 960,000 | 1,170,000 | 1,080,000 | 1,020,000 | 770,000 | 1,060,000 | 710,000 | 500,000 | 810,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
diluted earnings per common share | 0.77 | 0.76 | 0.59 | 0.86 | 0.76 | 0.73 | 0.57 | 1,230,000 | -3,559,998.64 | 1,200,000 | 1,000,000 | 1,360,000 | 1,230,000 | 1,080,000 | 940,000 | 1,140,000 | 1,050,000 | 1,010,000 | 760,000 | 1,040,000 | 700,000 | 500,000 | 800,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
earnings per share from discontinued operations: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net loss from discontinued operations | -137,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net (loss) from discontinued operations | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gross margin | 2,693,000,000 | 2,554,000,000 | 2,327,000,000 | 2,193,000,000 | 2,434,000,000 | 2,406,200,000 | 2,218,000,000 | 1,960,700,000 | 2,215,500,000 | 2,043,800,000 | 1,948,500,000 | 2,050,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest (income) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other (income) | -9,500,000 | -17,000,000 | -28,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
selling and administrative expense | 1,673,000,000 | 1,737,900,000 | 1,563,800,000 | 1,478,600,000 | 1,546,100,000 | 1,394,300,000 | 1,352,100,000 | 1,546,800,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
goodwill impairment | 199,300,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
intangible and other asset impairment | 202,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other income | -17,000,000 | -8,600,000 | 10,500,000 | 13,100,000 | -34,400,000 | -43,300,000 | 12,400,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest income | 2,500,000 | 900,000 | -1,600,000 | -1,300,000 | 2,600,000 | 3,000,000 | 5,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income tax benefit | 112,325,000 | 165,500,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income tax | 81,225,000 | -8,400,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income taxes | 129,600,000 |
Balance Sheets:
Quarterly
Annual
| Unit: USD | 2025-11-30 | 2025-08-31 | 2025-05-31 | 2025-02-28 | 2024-11-30 | 2024-08-31 | 2024-05-31 | 2024-02-29 | 2023-11-30 | 2023-08-31 | 2023-05-31 | 2023-02-28 | 2022-11-30 | 2022-08-31 | 2022-05-31 | 2022-02-28 | 2021-11-30 | 2021-08-31 | 2021-05-31 | 2021-02-28 | 2020-11-30 | 2020-08-31 | 2020-05-31 | 2020-02-29 | 2019-11-30 | 2019-08-31 | 2019-05-31 | 2019-02-28 | 2018-11-30 | 2018-08-31 | 2018-05-31 | 2018-02-28 | 2017-11-30 | 2017-08-31 | 2017-05-31 | 2017-02-28 | 2016-11-30 | 2016-08-31 | 2016-05-31 | 2016-02-29 | 2015-11-30 | 2015-08-31 | 2015-05-31 | 2015-02-28 | 2014-11-30 | 2014-08-31 | 2014-05-31 | 2014-02-28 | 2013-11-30 | 2013-08-31 | 2013-05-31 | 2013-02-28 | 2012-11-30 | 2012-08-31 | 2012-05-31 | 2012-02-29 | 2011-11-30 | 2011-08-31 | 2011-05-31 | 2011-02-28 | 2010-11-30 | 2010-08-31 | 2010-05-31 | 2010-02-28 | 2009-11-30 | 2009-08-31 | 2009-05-31 | 2009-02-28 | 2008-11-30 | 2008-08-31 | 2007-05-31 | 2006-05-31 |
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assets | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
current assets: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and equivalents | 6,974,000,000 | 7,024,000,000 | 7,464,000,000 | 8,601,000,000 | 7,979,000,000 | 8,485,000,000 | 9,860,000,000 | 8,960,000,000 | 7,919,000,000 | 6,178,000,000 | 7,441,000,000 | 6,955,000,000 | 6,490,000,000 | 7,226,000,000 | 8,574,000,000 | 8,704,000,000 | 10,751,000,000 | 10,720,000,000 | 9,889,000,000 | 8,516,000,000 | 8,635,000,000 | 8,148,000,000 | 8,348,000,000 | 2,863,000,000 | 3,070,000,000 | 3,446,000,000 | 4,466,000,000 | 3,695,000,000 | 3,423,000,000 | 3,282,000,000 | 4,249,000,000 | 3,662,000,000 | 4,304,000,000 | 3,413,000,000 | 3,808,000,000 | 4,021,000,000 | 4,339,000,000 | 2,659,000,000 | 3,138,000,000 | 3,044,000,000 | 3,851,000,000 | 3,246,000,000 | 3,852,000,000 | 3,015,000,000 | 2,273,000,000 | 2,303,000,000 | 2,220,000,000 | 1,864,000,000 | 2,086,000,000 | 2,936,000,000 | 3,337,000,000 | 2,557,000,000 | 2,291,000,000 | 2,165,000,000 | 2,317,000,000 | 2,021,000,000 | 1,929,000,000 | 1,608,000,000 | 1,955,000,000 | 2,132,000,000 | 1,768,000,000 | 2,010,000,000 | 3,079,100,000 | 2,225,200,000 | 2,035,200,000 | 2,260,600,000 | 2,291,100,000 | 1,892,100,000 | 1,721,500,000 | 1,625,600,000 | 1,856,700,000 | 954,200,000 |
short-term investments | 1,371,000,000 | 1,551,000,000 | 1,687,000,000 | 1,792,000,000 | 1,782,000,000 | 1,809,000,000 | 1,722,000,000 | 1,613,000,000 | 2,008,000,000 | 2,612,000,000 | 3,234,000,000 | 3,847,000,000 | 4,131,000,000 | 4,650,000,000 | 4,423,000,000 | 4,763,000,000 | 4,352,000,000 | 2,975,000,000 | 3,587,000,000 | 4,012,000,000 | 3,177,000,000 | 1,332,000,000 | 439,000,000 | 319,000,000 | 432,000,000 | 198,000,000 | 197,000,000 | 351,000,000 | 618,000,000 | 987,000,000 | 996,000,000 | 1,089,000,000 | 2,085,000,000 | 2,106,000,000 | 2,371,000,000 | 2,139,000,000 | 1,604,000,000 | 2,128,000,000 | 2,319,000,000 | 2,062,000,000 | 2,265,000,000 | 2,162,000,000 | 2,072,000,000 | 2,346,000,000 | 2,440,000,000 | 2,276,000,000 | 2,922,000,000 | 3,165,000,000 | 3,101,000,000 | 2,642,000,000 | 2,628,000,000 | 1,485,000,000 | 1,234,000,000 | 1,102,000,000 | 1,440,000,000 | 1,176,000,000 | 1,436,000,000 | 2,092,000,000 | 2,583,000,000 | 2,333,000,000 | 3,021,000,000 | 2,678,000,000 | 2,066,800,000 | 1,813,700,000 | 1,974,800,000 | 1,369,200,000 | 1,164,000,000 | 712,100,000 | 1,008,000,000 | 966,100,000 | 990,300,000 | 1,348,800,000 |
accounts receivable | 5,738,000,000 | 4,962,000,000 | 4,717,000,000 | 4,491,000,000 | 5,302,000,000 | 4,764,000,000 | 4,427,000,000 | 4,526,000,000 | 4,782,000,000 | 4,749,000,000 | 4,131,000,000 | 4,513,000,000 | 5,437,000,000 | 4,960,000,000 | 4,667,000,000 | 3,827,000,000 | 3,746,000,000 | 4,341,000,000 | 4,463,000,000 | 3,669,000,000 | 3,713,000,000 | 3,813,000,000 | 2,749,000,000 | 4,473,000,000 | 4,792,000,000 | 4,656,000,000 | 4,272,000,000 | 4,549,000,000 | 4,346,000,000 | 4,330,000,000 | 3,498,000,000 | 3,792,000,000 | 3,613,000,000 | 3,871,000,000 | 3,677,000,000 | 3,752,000,000 | 3,478,000,000 | 3,526,000,000 | 3,241,000,000 | 3,368,000,000 | 3,437,000,000 | 3,288,000,000 | 3,358,000,000 | 3,294,000,000 | 3,457,000,000 | 3,587,000,000 | 3,434,000,000 | 3,355,000,000 | 3,208,000,000 | 3,207,000,000 | 3,117,000,000 | 3,232,000,000 | 3,188,000,000 | 3,431,000,000 | 3,280,000,000 | 3,296,000,000 | 3,103,000,000 | 3,279,000,000 | 3,138,000,000 | 2,985,000,000 | 2,792,000,000 | 2,791,000,000 | 2,649,800,000 | 2,833,800,000 | 2,716,500,000 | 2,835,300,000 | 2,883,900,000 | 2,892,400,000 | 2,737,200,000 | 3,035,400,000 | 2,494,700,000 | |
inventories | 7,726,000,000 | 8,114,000,000 | 7,489,000,000 | 7,539,000,000 | 7,981,000,000 | 8,253,000,000 | 7,519,000,000 | 7,726,000,000 | 7,979,000,000 | 8,698,000,000 | 8,454,000,000 | 8,905,000,000 | 9,326,000,000 | 9,662,000,000 | 8,420,000,000 | 7,700,000,000 | 6,506,000,000 | 6,699,000,000 | 6,854,000,000 | 6,693,000,000 | 6,090,000,000 | 6,705,000,000 | 7,367,000,000 | 5,807,000,000 | 6,199,000,000 | 5,835,000,000 | 5,622,000,000 | 5,415,000,000 | 5,388,000,000 | 5,227,000,000 | 5,261,000,000 | 5,366,000,000 | 5,326,000,000 | 5,211,000,000 | 5,055,000,000 | 4,932,000,000 | 5,033,000,000 | 4,896,000,000 | 4,838,000,000 | 4,590,000,000 | 4,600,000,000 | 4,414,000,000 | 4,337,000,000 | 4,246,000,000 | 4,150,000,000 | 4,030,000,000 | 3,947,000,000 | 3,825,000,000 | 3,695,000,000 | 3,472,000,000 | 3,434,000,000 | 3,329,000,000 | 3,318,000,000 | 3,411,000,000 | 3,350,000,000 | 3,356,000,000 | 3,164,000,000 | 3,107,000,000 | 2,715,000,000 | 2,536,000,000 | 2,348,000,000 | 2,210,000,000 | 2,040,800,000 | 2,150,300,000 | 2,176,300,000 | 2,288,400,000 | 2,357,000,000 | 2,466,600,000 | 2,419,100,000 | 2,453,900,000 | 2,121,900,000 | 2,076,700,000 |
prepaid expenses and other current assets | 2,206,000,000 | 2,247,000,000 | 2,005,000,000 | 2,186,000,000 | 1,936,000,000 | 1,729,000,000 | 1,854,000,000 | 1,928,000,000 | 1,943,000,000 | 2,013,000,000 | 1,942,000,000 | 1,815,000,000 | 2,063,000,000 | 2,379,000,000 | 2,129,000,000 | 1,968,000,000 | 1,822,000,000 | 1,655,000,000 | 1,498,000,000 | 1,810,000,000 | 1,992,000,000 | 1,939,000,000 | 1,653,000,000 | 2,282,000,000 | 1,876,000,000 | 2,093,000,000 | 1,968,000,000 | 1,786,000,000 | 1,791,000,000 | 1,675,000,000 | 1,130,000,000 | 1,446,000,000 | 1,254,000,000 | 1,591,000,000 | 1,150,000,000 | 1,361,000,000 | 1,557,000,000 | 1,380,000,000 | 1,489,000,000 | 1,782,000,000 | 2,197,000,000 | 1,751,000,000 | 1,968,000,000 | 1,978,000,000 | 1,379,000,000 | 996,000,000 | 818,000,000 | 882,000,000 | 1,202,000,000 | 1,053,000,000 | 802,000,000 | 882,000,000 | 733,000,000 | 745,000,000 | 870,000,000 | 772,000,000 | 795,000,000 | 638,000,000 | 594,000,000 | 513,000,000 | 720,000,000 | 583,000,000 | 873,900,000 | 843,300,000 | 642,800,000 | 639,300,000 | 765,600,000 | 970,900,000 | 947,900,000 | 687,800,000 | 393,200,000 | 380,100,000 |
total current assets | 24,015,000,000 | 23,898,000,000 | 23,362,000,000 | 24,609,000,000 | 24,980,000,000 | 25,040,000,000 | 25,382,000,000 | 24,753,000,000 | 24,631,000,000 | 24,250,000,000 | 25,202,000,000 | 26,035,000,000 | 27,447,000,000 | 28,877,000,000 | 28,213,000,000 | 26,962,000,000 | 27,177,000,000 | 26,390,000,000 | 26,291,000,000 | 24,700,000,000 | 23,607,000,000 | 21,937,000,000 | 20,556,000,000 | 15,744,000,000 | 16,369,000,000 | 16,228,000,000 | 16,525,000,000 | 15,796,000,000 | 15,566,000,000 | 15,501,000,000 | 15,134,000,000 | 15,355,000,000 | 16,582,000,000 | 16,192,000,000 | 16,061,000,000 | 16,205,000,000 | 16,011,000,000 | 14,589,000,000 | 15,025,000,000 | 15,256,000,000 | 16,755,000,000 | 15,238,000,000 | 15,976,000,000 | 15,207,000,000 | 14,033,000,000 | 13,540,000,000 | 13,696,000,000 | 13,410,000,000 | 13,607,000,000 | 13,618,000,000 | 13,626,000,000 | 11,789,000,000 | 11,435,000,000 | 11,136,000,000 | 11,531,000,000 | 10,932,000,000 | 10,725,000,000 | 11,039,000,000 | 11,297,000,000 | 10,785,000,000 | 10,916,000,000 | 10,531,000,000 | 10,959,200,000 | 10,088,000,000 | 9,765,600,000 | 9,606,900,000 | 9,734,000,000 | 8,998,600,000 | 8,923,400,000 | 8,944,600,000 | 8,076,500,000 | 7,359,000,000 |
property, plant and equipment | 4,843,000,000 | 4,861,000,000 | 4,828,000,000 | 4,717,000,000 | 4,857,000,000 | 4,948,000,000 | 5,000,000,000 | 5,082,000,000 | 5,153,000,000 | 5,109,000,000 | 5,081,000,000 | 4,939,000,000 | 4,854,000,000 | 4,778,000,000 | 4,791,000,000 | 4,806,000,000 | 4,812,000,000 | 4,869,000,000 | 4,904,000,000 | 4,958,000,000 | 4,959,000,000 | 4,969,000,000 | 4,866,000,000 | 4,783,000,000 | 4,668,000,000 | 4,615,000,000 | 4,744,000,000 | 4,688,000,000 | 4,588,000,000 | 4,487,000,000 | 4,454,000,000 | 4,298,000,000 | 4,117,000,000 | 4,086,000,000 | 3,989,000,000 | 3,793,000,000 | 3,566,000,000 | 3,572,000,000 | 3,520,000,000 | 3,329,000,000 | 3,235,000,000 | 3,112,000,000 | 3,011,000,000 | 2,862,000,000 | 2,927,000,000 | 2,895,000,000 | 2,834,000,000 | 2,736,000,000 | 2,645,000,000 | 2,557,000,000 | 2,452,000,000 | 5,370,000,000 | 5,310,000,000 | 5,359,000,000 | 2,279,000,000 | 5,172,000,000 | 5,064,000,000 | 5,034,000,000 | 2,115,000,000 | 4,804,000,000 | 4,641,000,000 | 4,535,000,000 | 1,931,900,000 | 4,437,200,000 | 4,502,500,000 | 4,373,800,000 | 1,957,700,000 | 4,150,800,000 | 4,109,400,000 | 4,111,000,000 | 1,678,300,000 | 1,657,700,000 |
operating lease right-of-use assets | 2,894,000,000 | 2,727,000,000 | 2,712,000,000 | 2,614,000,000 | 2,736,000,000 | 2,792,000,000 | 2,718,000,000 | 2,856,000,000 | 2,943,000,000 | 2,939,000,000 | 2,923,000,000 | 2,834,000,000 | 2,809,000,000 | 2,880,000,000 | 2,926,000,000 | 2,959,000,000 | 3,017,000,000 | 3,078,000,000 | 3,113,000,000 | 3,149,000,000 | 3,086,000,000 | 3,158,000,000 | 3,097,000,000 | 2,907,000,000 | 2,882,000,000 | 2,832,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||
identifiable intangible assets | 259,000,000 | 259,000,000 | 259,000,000 | 259,000,000 | 259,000,000 | 259,000,000 | 259,000,000 | 259,000,000 | 269,000,000 | 272,000,000 | 274,000,000 | 277,000,000 | 280,000,000 | 283,000,000 | 286,000,000 | 291,000,000 | 265,000,000 | 267,000,000 | 269,000,000 | 271,000,000 | 270,000,000 | 272,000,000 | 274,000,000 | 275,000,000 | 277,000,000 | 279,000,000 | 283,000,000 | 283,000,000 | 284,000,000 | 284,000,000 | 285,000,000 | 282,000,000 | 282,000,000 | 283,000,000 | 283,000,000 | 283,000,000 | 283,000,000 | 284,000,000 | 281,000,000 | 281,000,000 | 281,000,000 | 281,000,000 | 281,000,000 | 281,000,000 | 281,000,000 | 282,000,000 | 282,000,000 | 386,000,000 | 385,000,000 | 383,000,000 | 382,000,000 | 376,000,000 | 374,000,000 | 536,000,000 | 535,000,000 | 534,000,000 | 532,000,000 | 536,000,000 | 487,000,000 | 472,000,000 | 469,000,000 | 470,000,000 | 467,000,000 | 468,000,000 | 472,500,000 | 471,200,000 | 467,400,000 | 460,700,000 | 650,200,000 | 712,400,000 | 409,900,000 | 405,500,000 |
goodwill | 240,000,000 | 240,000,000 | 240,000,000 | 239,000,000 | 240,000,000 | 240,000,000 | 240,000,000 | 240,000,000 | 281,000,000 | 281,000,000 | 281,000,000 | 281,000,000 | 281,000,000 | 282,000,000 | 284,000,000 | 284,000,000 | 242,000,000 | 242,000,000 | 242,000,000 | 242,000,000 | 223,000,000 | 223,000,000 | 223,000,000 | 223,000,000 | 224,000,000 | 224,000,000 | 154,000,000 | 154,000,000 | 154,000,000 | 154,000,000 | 154,000,000 | 139,000,000 | 139,000,000 | 139,000,000 | 139,000,000 | 139,000,000 | 139,000,000 | 139,000,000 | 131,000,000 | 131,000,000 | 131,000,000 | 131,000,000 | 131,000,000 | 131,000,000 | 131,000,000 | 131,000,000 | 131,000,000 | 131,000,000 | 131,000,000 | 131,000,000 | 131,000,000 | 131,000,000 | 131,000,000 | 202,000,000 | 201,000,000 | 202,000,000 | 201,000,000 | 204,000,000 | 205,000,000 | 194,000,000 | 192,000,000 | 192,000,000 | 187,600,000 | 190,700,000 | 196,200,000 | 194,900,000 | 193,500,000 | 187,200,000 | 376,800,000 | 425,100,000 | 130,800,000 | 130,800,000 |
deferred income taxes and other assets | 5,536,000,000 | 5,349,000,000 | 5,178,000,000 | 5,355,000,000 | 4,887,000,000 | 4,588,000,000 | 4,511,000,000 | 4,166,000,000 | 3,926,000,000 | 3,935,000,000 | 3,770,000,000 | 3,928,000,000 | 3,976,000,000 | 3,988,000,000 | 3,821,000,000 | 3,275,000,000 | 3,404,000,000 | 3,071,000,000 | 2,921,000,000 | 2,865,000,000 | 2,691,000,000 | 2,699,000,000 | 2,326,000,000 | 2,288,000,000 | 2,182,000,000 | 2,071,000,000 | 2,011,000,000 | 2,000,000,000 | 2,085,000,000 | 2,057,000,000 | 2,509,000,000 | 2,478,000,000 | 2,935,000,000 | 2,947,000,000 | 2,787,000,000 | 2,732,000,000 | 2,653,000,000 | 2,572,000,000 | 2,439,000,000 | 1,990,000,000 | 2,181,000,000 | 2,004,000,000 | 2,201,000,000 | 2,060,000,000 | 1,795,000,000 | 1,673,000,000 | 1,651,000,000 | 1,140,000,000 | 1,052,000,000 | 985,000,000 | 993,000,000 | 1,059,000,000 | 973,000,000 | 949,000,000 | 919,000,000 | 894,000,000 | 873,600,000 | 897,000,000 | 392,800,000 | 316,600,000 | ||||||||||||
total assets | 37,787,000,000 | 37,334,000,000 | 36,579,000,000 | 37,793,000,000 | 37,959,000,000 | 37,867,000,000 | 38,110,000,000 | 37,356,000,000 | 37,203,000,000 | 36,786,000,000 | 37,531,000,000 | 38,294,000,000 | 39,647,000,000 | 41,088,000,000 | 40,321,000,000 | 38,577,000,000 | 38,917,000,000 | 37,917,000,000 | 37,740,000,000 | 36,185,000,000 | 34,836,000,000 | 33,258,000,000 | 31,342,000,000 | 26,220,000,000 | 26,602,000,000 | 26,249,000,000 | 23,717,000,000 | 22,921,000,000 | 22,677,000,000 | 22,483,000,000 | 22,536,000,000 | 22,552,000,000 | 24,055,000,000 | 23,647,000,000 | 23,259,000,000 | 23,152,000,000 | 22,652,000,000 | 21,156,000,000 | 21,396,000,000 | 20,987,000,000 | 22,583,000,000 | 20,766,000,000 | 21,600,000,000 | 20,541,000,000 | 19,167,000,000 | 18,521,000,000 | 18,594,000,000 | 17,803,000,000 | 17,820,000,000 | 17,674,000,000 | 17,584,000,000 | 15,615,000,000 | 15,171,000,000 | 15,114,000,000 | 15,465,000,000 | 14,794,000,000 | 14,565,000,000 | 14,803,000,000 | 14,998,000,000 | 14,478,000,000 | 14,464,000,000 | 14,051,000,000 | 14,419,300,000 | 13,576,300,000 | 13,358,400,000 | 13,190,600,000 | 13,249,600,000 | 12,255,700,000 | 12,634,700,000 | 12,594,800,000 | 10,688,300,000 | 9,869,600,000 |
liabilities and shareholders' equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
current liabilities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
current portion of long-term debt | 999,000,000 | 1,000,000,000 | 1,000,000,000 | 1,000,000,000 | 1,000,000,000 | 500,000,000 | 500,000,000 | 500,000,000 | 500,000,000 | 1,000,000 | 3,000,000 | 4,000,000 | 6,000,000 | 6,000,000 | 6,000,000 | 6,000,000 | 6,000,000 | 6,000,000 | 6,000,000 | 6,000,000 | 10,000,000 | 7,000,000 | 6,000,000 | 6,000,000 | 44,000,000 | 44,000,000 | 44,000,000 | 7,000,000 | 5,000,000 | 106,000,000 | 107,000,000 | 108,000,000 | 110,000,000 | 6,000,000 | 7,000,000 | 7,000,000 | 7,000,000 | 57,000,000 | 57,000,000 | 57,000,000 | 58,000,000 | 9,000,000 | 49,000,000 | 49,000,000 | 114,000,000 | 116,000,000 | 200,000,000 | 198,000,000 | 132,000,000 | 132,000,000 | 7,400,000 | 7,500,000 | 7,600,000 | 7,100,000 | 32,000,000 | 32,000,000 | 32,400,000 | 31,500,000 | 30,500,000 | 255,300,000 | ||||||||||||
notes payable | 4,000,000 | 5,000,000 | 4,000,000 | 49,000,000 | 12,000,000 | 6,000,000 | 6,000,000 | 6,000,000 | 6,000,000 | 6,000,000 | 14,000,000 | 7,000,000 | 9,000,000 | 10,000,000 | 9,000,000 | 15,000,000 | 2,000,000 | 4,000,000 | 41,000,000 | 137,000,000 | 248,000,000 | 9,000,000 | 300,000,000 | 250,000,000 | 9,000,000 | 16,000,000 | 9,000,000 | 13,000,000 | 336,000,000 | 11,000,000 | 1,229,000,000 | 335,000,000 | 325,000,000 | 23,000,000 | 20,000,000 | 22,000,000 | 1,000,000 | 99,000,000 | 23,000,000 | 74,000,000 | 61,000,000 | 93,000,000 | 146,000,000 | 167,000,000 | 119,000,000 | 180,000,000 | 111,000,000 | 121,000,000 | 103,000,000 | 100,000,000 | 129,000,000 | 108,000,000 | 91,000,000 | 123,000,000 | 164,000,000 | 187,000,000 | 139,000,000 | 128,000,000 | 109,000,000 | 138,600,000 | 108,800,000 | 103,100,000 | 94,700,000 | 342,900,000 | 331,100,000 | 316,000,000 | 220,100,000 | 100,800,000 | 43,400,000 | |||
accounts payable | 3,717,000,000 | 3,772,000,000 | 3,479,000,000 | 3,106,000,000 | 3,255,000,000 | 3,357,000,000 | 2,851,000,000 | 2,340,000,000 | 2,709,000,000 | 2,738,000,000 | 2,862,000,000 | 2,675,000,000 | 2,810,000,000 | 3,371,000,000 | 3,358,000,000 | 2,770,000,000 | 2,795,000,000 | 2,135,000,000 | 2,836,000,000 | 2,257,000,000 | 2,154,000,000 | 1,983,000,000 | 2,248,000,000 | 2,221,000,000 | 2,627,000,000 | 2,716,000,000 | 2,612,000,000 | 2,307,000,000 | 2,574,000,000 | 2,333,000,000 | 2,279,000,000 | 1,961,000,000 | 2,141,000,000 | 2,116,000,000 | 2,048,000,000 | 1,938,000,000 | 2,033,000,000 | 2,088,000,000 | 2,191,000,000 | 1,714,000,000 | 1,915,000,000 | 1,933,000,000 | 2,131,000,000 | 1,821,000,000 | 2,074,000,000 | 1,970,000,000 | 1,930,000,000 | 1,480,000,000 | 1,612,000,000 | 1,559,000,000 | 1,646,000,000 | 1,241,000,000 | 1,519,000,000 | 1,551,000,000 | 1,588,000,000 | 1,298,000,000 | 1,411,000,000 | 1,421,000,000 | 1,469,000,000 | 1,147,000,000 | 1,225,000,000 | 1,101,000,000 | 1,254,500,000 | 994,700,000 | 1,008,700,000 | 961,900,000 | 1,031,900,000 | 952,000,000 | 1,124,100,000 | 1,205,900,000 | 1,040,300,000 | 952,200,000 |
current portion of operating lease liabilities | 513,000,000 | 506,000,000 | 502,000,000 | 474,000,000 | 481,000,000 | 491,000,000 | 477,000,000 | 474,000,000 | 456,000,000 | 435,000,000 | 425,000,000 | 435,000,000 | 426,000,000 | 424,000,000 | 420,000,000 | 455,000,000 | 462,000,000 | 462,000,000 | 467,000,000 | 470,000,000 | 458,000,000 | 459,000,000 | 445,000,000 | 422,000,000 | 431,000,000 | 427,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||
accrued liabilities | 5,919,000,000 | 5,923,000,000 | 5,911,000,000 | 5,905,000,000 | 5,694,000,000 | 5,075,000,000 | 5,725,000,000 | 5,818,000,000 | 5,470,000,000 | 4,987,000,000 | 5,723,000,000 | 5,594,000,000 | 6,020,000,000 | 6,277,000,000 | 6,220,000,000 | 5,391,000,000 | 5,431,000,000 | 5,296,000,000 | 6,063,000,000 | 5,907,000,000 | 6,030,000,000 | 5,742,000,000 | 5,184,000,000 | 5,356,000,000 | 4,672,000,000 | 4,455,000,000 | 5,010,000,000 | 4,738,000,000 | 4,478,000,000 | 4,174,000,000 | 3,269,000,000 | 3,727,000,000 | 3,278,000,000 | 3,501,000,000 | 3,011,000,000 | 3,228,000,000 | 3,076,000,000 | 3,147,000,000 | 3,037,000,000 | 3,224,000,000 | 3,451,000,000 | 3,139,000,000 | 3,951,000,000 | 3,563,000,000 | 2,622,000,000 | 2,441,000,000 | 2,491,000,000 | 2,303,000,000 | 2,005,000,000 | 1,913,000,000 | 1,986,000,000 | 1,899,000,000 | 1,879,000,000 | 1,974,000,000 | 2,053,000,000 | 1,913,000,000 | 1,834,000,000 | 1,968,000,000 | 1,985,000,000 | 1,745,000,000 | 1,685,000,000 | 1,696,000,000 | 1,904,400,000 | 1,647,700,000 | 1,597,700,000 | 1,643,400,000 | 1,783,900,000 | 1,430,700,000 | 1,499,700,000 | 1,639,800,000 | 1,303,400,000 | 1,286,900,000 |
income taxes payable | 492,000,000 | 706,000,000 | 669,000,000 | 734,000,000 | 767,000,000 | 693,000,000 | 534,000,000 | 391,000,000 | 358,000,000 | 295,000,000 | 240,000,000 | 330,000,000 | 436,000,000 | 338,000,000 | 222,000,000 | 202,000,000 | 160,000,000 | 361,000,000 | 306,000,000 | 256,000,000 | 188,000,000 | 297,000,000 | 156,000,000 | 268,000,000 | 228,000,000 | 216,000,000 | 229,000,000 | 214,000,000 | 211,000,000 | 182,000,000 | 150,000,000 | 78,000,000 | 92,000,000 | 97,000,000 | 84,000,000 | 76,000,000 | 52,000,000 | 62,000,000 | 85,000,000 | 35,000,000 | 41,000,000 | 75,000,000 | 71,000,000 | 33,000,000 | 38,000,000 | 250,000,000 | 432,000,000 | 45,000,000 | 47,000,000 | 211,000,000 | 98,000,000 | 138,000,000 | 45,000,000 | 113,000,000 | 67,000,000 | 59,000,000 | 81,000,000 | 91,000,000 | 117,000,000 | 113,000,000 | 78,000,000 | 104,000,000 | 59,300,000 | 88,000,000 | 81,200,000 | 145,700,000 | 86,300,000 | 112,400,000 | 117,400,000 | 214,300,000 | 109,000,000 | 85,500,000 |
total current liabilities | 11,640,000,000 | 10,911,000,000 | 10,566,000,000 | 11,223,000,000 | 11,246,000,000 | 10,628,000,000 | 10,593,000,000 | 9,029,000,000 | 8,999,000,000 | 8,461,000,000 | 9,256,000,000 | 9,548,000,000 | 10,199,000,000 | 10,919,000,000 | 10,730,000,000 | 8,818,000,000 | 8,857,000,000 | 8,269,000,000 | 9,674,000,000 | 8,894,000,000 | 8,871,000,000 | 8,619,000,000 | 8,284,000,000 | 8,280,000,000 | 8,264,000,000 | 8,070,000,000 | 7,866,000,000 | 7,281,000,000 | 7,278,000,000 | 6,708,000,000 | 6,040,000,000 | 5,783,000,000 | 6,750,000,000 | 6,056,000,000 | 5,474,000,000 | 5,271,000,000 | 5,225,000,000 | 5,363,000,000 | 5,358,000,000 | 4,980,000,000 | 5,511,000,000 | 5,276,000,000 | 6,334,000,000 | 5,586,000,000 | 4,937,000,000 | 4,813,000,000 | 5,027,000,000 | 3,954,000,000 | 3,851,000,000 | 3,863,000,000 | 3,926,000,000 | 3,500,000,000 | 3,799,000,000 | 3,776,000,000 | 3,865,000,000 | 3,410,000,000 | 3,563,000,000 | 3,760,000,000 | 3,958,000,000 | 3,342,000,000 | 3,248,000,000 | 3,142,000,000 | 3,364,200,000 | 2,846,700,000 | 2,798,300,000 | 2,852,800,000 | 3,277,000,000 | 2,858,200,000 | 3,089,600,000 | 3,311,600,000 | 2,584,000,000 | 2,623,300,000 |
long-term debt | 7,016,000,000 | 7,996,000,000 | 7,961,000,000 | 7,956,000,000 | 7,973,000,000 | 7,998,000,000 | 7,903,000,000 | 8,930,000,000 | 8,930,000,000 | 8,929,000,000 | 8,927,000,000 | 8,925,000,000 | 8,924,000,000 | 8,922,000,000 | 8,920,000,000 | 9,418,000,000 | 9,417,000,000 | 9,415,000,000 | 9,413,000,000 | 9,412,000,000 | 9,410,000,000 | 9,408,000,000 | 9,406,000,000 | 3,463,000,000 | 3,462,000,000 | 3,463,000,000 | 3,464,000,000 | 3,465,000,000 | 3,466,000,000 | 3,467,000,000 | 3,468,000,000 | 3,469,000,000 | 3,472,000,000 | 3,472,000,000 | 3,471,000,000 | 3,472,000,000 | 3,473,000,000 | 1,993,000,000 | 2,010,000,000 | 2,048,000,000 | 2,067,000,000 | 1,079,000,000 | 1,079,000,000 | 1,082,000,000 | 1,084,000,000 | 1,195,000,000 | 1,199,000,000 | 1,201,000,000 | 1,201,000,000 | 1,207,000,000 | 1,210,000,000 | 161,000,000 | 170,000,000 | 226,000,000 | 228,000,000 | 229,000,000 | 234,000,000 | 238,000,000 | 276,000,000 | 276,000,000 | 338,000,000 | 342,000,000 | 445,800,000 | 451,900,000 | 459,600,000 | 443,200,000 | 437,200,000 | 437,800,000 | 445,500,000 | 407,300,000 | 409,900,000 | 410,700,000 |
operating lease liabilities | 2,754,000,000 | 2,555,000,000 | 2,550,000,000 | 2,477,000,000 | 2,562,000,000 | 2,625,000,000 | 2,566,000,000 | 2,691,000,000 | 2,785,000,000 | 2,807,000,000 | 2,786,000,000 | 2,692,000,000 | 2,668,000,000 | 2,736,000,000 | 2,777,000,000 | 2,784,000,000 | 2,835,000,000 | 2,898,000,000 | 2,931,000,000 | 2,964,000,000 | 2,896,000,000 | 2,961,000,000 | 2,913,000,000 | 2,758,000,000 | 2,723,000,000 | 2,675,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||
deferred income taxes and other liabilities | 2,292,000,000 | 2,404,000,000 | 2,289,000,000 | 2,130,000,000 | 2,141,000,000 | 2,672,000,000 | 2,618,000,000 | 2,480,000,000 | 2,343,000,000 | 2,618,000,000 | 2,558,000,000 | 2,598,000,000 | 2,584,000,000 | 2,689,000,000 | 2,613,000,000 | 2,748,000,000 | 2,884,000,000 | 2,992,000,000 | 2,955,000,000 | 2,984,000,000 | 3,019,000,000 | 3,046,000,000 | 2,684,000,000 | 2,674,000,000 | 2,802,000,000 | 2,841,000,000 | 3,347,000,000 | 3,214,000,000 | 3,204,000,000 | 3,316,000,000 | 3,216,000,000 | 3,518,000,000 | 2,075,000,000 | 2,126,000,000 | 1,907,000,000 | 1,687,000,000 | 1,631,000,000 | 1,635,000,000 | 1,770,000,000 | 1,659,000,000 | 1,600,000,000 | 1,517,000,000 | 1,480,000,000 | 1,505,000,000 | 1,446,000,000 | 1,408,000,000 | 1,544,000,000 | 1,515,000,000 | 1,424,000,000 | 1,322,000,000 | 1,292,000,000 | 1,287,000,000 | 1,188,000,000 | 1,065,000,000 | 991,000,000 | 921,000,000 | 855,300,000 | 842,000,000 | 668,700,000 | 550,100,000 | ||||||||||||
commitments and contingencies | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
redeemable preferred stock | 300,000 | 300,000 | 300,000 | 300,000 | 300,000 | 300,000 | 300,000 | 300,000 | 300,000 | 300,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
shareholders' equity: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock at stated value: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class a convertible — 289 and 290 shares outstanding | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class b — 1,191 and 1,186 shares outstanding | 3,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
capital in excess of stated value | 14,705,000,000 | 14,473,000,000 | 14,195,000,000 | 13,916,000,000 | 13,778,000,000 | 13,557,000,000 | 13,409,000,000 | 13,128,000,000 | 12,871,000,000 | 12,590,000,000 | 12,412,000,000 | 12,074,000,000 | 11,851,000,000 | 11,648,000,000 | 11,484,000,000 | 11,186,000,000 | 10,990,000,000 | 10,521,000,000 | 9,965,000,000 | 9,645,000,000 | 9,336,000,000 | 8,695,000,000 | 8,299,000,000 | 7,971,000,000 | 7,719,000,000 | 7,296,000,000 | 7,163,000,000 | 6,910,000,000 | 6,707,000,000 | 6,525,000,000 | 6,384,000,000 | 9,325,000,000 | 9,041,000,000 | 8,817,000,000 | 8,638,000,000 | 8,395,000,000 | 8,196,000,000 | 7,999,000,000 | 7,786,000,000 | 7,539,000,000 | 7,408,000,000 | 7,029,000,000 | 6,773,000,000 | 6,517,000,000 | 6,375,000,000 | 6,070,000,000 | 5,865,000,000 | 5,723,000,000 | 5,566,000,000 | 5,340,000,000 | 5,184,000,000 | 4,977,000,000 | 4,844,000,000 | 4,718,000,000 | 4,641,000,000 | 4,483,000,000 | 4,335,000,000 | 4,138,000,000 | 3,944,000,000 | 3,839,000,000 | 3,752,000,000 | 3,508,000,000 | 3,440,600,000 | 3,272,600,000 | 3,186,100,000 | 3,015,900,000 | 2,871,400,000 | 2,785,200,000 | 2,751,900,000 | 2,622,900,000 | 1,960,000,000 | 1,451,400,000 |
accumulated other comprehensive income | -104,000,000 | -308,000,000 | -258,000,000 | 263,000,000 | 202,000,000 | -27,000,000 | 53,000,000 | 125,000,000 | 121,000,000 | 136,000,000 | 231,000,000 | 302,000,000 | 559,000,000 | 636,000,000 | 318,000,000 | 99,000,000 | 145,000,000 | -67,000,000 | -380,000,000 | -446,000,000 | -429,000,000 | -401,000,000 | -56,000,000 | -57,000,000 | 52,000,000 | 180,000,000 | 231,000,000 | 197,000,000 | 209,000,000 | -213,000,000 | 229,000,000 | 399,000,000 | 85,000,000 | 318,000,000 | 645,000,000 | 1,107,000,000 | 833,000,000 | 1,246,000,000 | 1,111,000,000 | 525,000,000 | 224,000,000 | 85,000,000 | 33,000,000 | 90,000,000 | 177,000,000 | 274,000,000 | 231,000,000 | 138,000,000 | 111,000,000 | 149,000,000 | 243,000,000 | 215,000,000 | 105,000,000 | 95,000,000 | 106,000,000 | 151,000,000 | 138,000,000 | 214,800,000 | 234,400,000 | 156,000,000 | 244,300,000 | 367,500,000 | 191,300,000 | 252,800,000 | 361,000,000 | 177,400,000 | 121,700,000 | |||||
retained earnings | -519,000,000 | -700,000,000 | -727,000,000 | -175,000,000 | 54,000,000 | 411,000,000 | 965,000,000 | 970,000,000 | 1,151,000,000 | 1,242,000,000 | 1,358,000,000 | 2,152,000,000 | 2,859,000,000 | 3,535,000,000 | 3,476,000,000 | 3,521,000,000 | 3,786,000,000 | 3,886,000,000 | 3,179,000,000 | 2,729,000,000 | 1,730,000,000 | 927,000,000 | -191,000,000 | 1,128,000,000 | 1,577,000,000 | 1,721,000,000 | 1,643,000,000 | 1,851,000,000 | 1,810,000,000 | 2,494,000,000 | 3,517,000,000 | 1,078,000,000 | 3,301,000,000 | 3,759,000,000 | 3,979,000,000 | 4,095,000,000 | 3,725,000,000 | 4,078,000,000 | 4,151,000,000 | 4,113,000,000 | 4,887,000,000 | 5,029,000,000 | 4,685,000,000 | 4,737,000,000 | 4,797,000,000 | 4,808,000,000 | 4,871,000,000 | 5,374,000,000 | 5,685,000,000 | 5,762,000,000 | 5,695,000,000 | 5,456,000,000 | 5,029,000,000 | 5,215,000,000 | 5,588,000,000 | 5,447,000,000 | 5,290,000,000 | 5,653,000,000 | 5,801,000,000 | 5,954,000,000 | 6,043,000,000 | 6,011,000,000 | 6,095,500,000 | 5,919,100,000 | 5,879,200,000 | 5,827,700,000 | 5,451,400,000 | 5,231,500,000 | 5,108,700,000 | 5,045,900,000 | 4,885,200,000 | 4,713,400,000 |
total shareholders' equity | 14,085,000,000 | 13,468,000,000 | 13,213,000,000 | 14,007,000,000 | 14,037,000,000 | 13,944,000,000 | 14,430,000,000 | 14,226,000,000 | 14,146,000,000 | 13,971,000,000 | 14,004,000,000 | 14,531,000,000 | 15,272,000,000 | 15,822,000,000 | 15,281,000,000 | 14,809,000,000 | 14,924,000,000 | 14,343,000,000 | 12,767,000,000 | 11,931,000,000 | 10,640,000,000 | 9,224,000,000 | 8,055,000,000 | 9,045,000,000 | 9,351,000,000 | 9,200,000,000 | 9,040,000,000 | 8,116,200,000 | 8,032,600,000 | |||||||||||||||||||||||||||||||||||||||||||
total liabilities and shareholders' equity | 37,787,000,000 | 37,334,000,000 | 36,579,000,000 | 37,793,000,000 | 37,959,000,000 | 37,867,000,000 | 38,110,000,000 | 37,356,000,000 | 37,203,000,000 | 36,786,000,000 | 37,531,000,000 | 38,294,000,000 | 39,647,000,000 | 41,088,000,000 | 40,321,000,000 | 38,577,000,000 | 38,917,000,000 | 37,917,000,000 | 37,740,000,000 | 36,185,000,000 | 34,836,000,000 | 33,258,000,000 | 31,342,000,000 | 26,220,000,000 | 26,602,000,000 | 26,249,000,000 | 23,717,000,000 | 12,634,700,000 | 12,594,800,000 | |||||||||||||||||||||||||||||||||||||||||||
class b — 1,188 and 1,186 shares outstanding | 3,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class a convertible — 290 and 298 shares outstanding | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class b — 1,186 and 1,205 shares outstanding | 3,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class a convertible — 298 and 298 shares outstanding | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class b — 1,179 and 1,205 shares outstanding | 3,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class b — 1,184 and 1,205 shares outstanding | 3,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class b — 1,193 and 1,205 shares outstanding | 3,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class a convertible — 298 and 305 shares outstanding | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class b — 1,205 and 1,227 shares outstanding | 3,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class b — 1,213 and 1,227 shares outstanding | 3,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class b — 1,219 and 1,227 shares outstanding | 3,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class b — 1,226 and 1,227 shares outstanding | 3,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class a convertible — 305 and 305 shares outstanding | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class b — 1,227 and 1,266 shares outstanding | 3,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class b — 1,235 and 1,266 shares outstanding | 3,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class b — 1,245 and 1,266 shares outstanding | 3,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class b — 1,259 and 1,266 shares outstanding | 3,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class b — 1,266 and 1,273 shares outstanding | 3,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class b — 1,271 and 1,273 shares outstanding | 3,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class b — 1,278 and 1,273 shares outstanding | 3,000,000 | 3,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class a convertible — 305 and 315 shares outstanding | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class b — 1,273 and 1,243 shares outstanding | 3,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class b — 1,274 and 1,243 shares outstanding | 3,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class b — 1,270 and 1,243 shares outstanding | 3,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class a convertible — 315 and 315 shares outstanding | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class b — 1,250 and 1,243 shares outstanding | 3,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class b — 1,243 and 1,253 shares outstanding | 3,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class b — 1,240 and 1,253 shares outstanding | 3,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class b — 1,244 and 1,253 shares outstanding | 3,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class b — 1,245 and 1,253 shares outstanding | 3,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class a convertible — 315 and 329 shares outstanding | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class b — 1,253 and 1,272 shares outstanding | 3,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities and shareholders’ equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
shareholders’ equity: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class b — 1,258 and 1,272 shares outstanding | 3,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total shareholders’ equity | 8,961,000,000 | 8,729,000,000 | 8,992,000,000 | 9,812,000,000 | 9,782,000,000 | 11,758,000,000 | 11,993,000,000 | 12,407,000,000 | 12,722,000,000 | 12,323,000,000 | 12,165,000,000 | 12,258,000,000 | 12,300,000,000 | 13,405,000,000 | 12,894,000,000 | 12,707,000,000 | 12,368,000,000 | 11,700,000,000 | 11,105,000,000 | 10,824,000,000 | 11,133,000,000 | 11,344,000,000 | 11,282,000,000 | 11,156,000,000 | 10,667,000,000 | 10,014,000,000 | 10,047,000,000 | 10,381,000,000 | 10,176,000,000 | 9,843,000,000 | 9,899,000,000 | 9,843,000,000 | 9,902,000,000 | 9,949,000,000 | 9,660,000,000 | 9,753,700,000 | 9,428,900,000 | 9,224,100,000 | 9,090,700,000 | 8,693,100,000 | 8,210,800,000 | 7,025,400,000 | 6,285,200,000 | |||||||||||||||||||||||||||||
total liabilities and shareholders’ equity | 22,921,000,000 | 22,677,000,000 | 22,483,000,000 | 22,536,000,000 | 22,552,000,000 | 24,055,000,000 | 23,647,000,000 | 23,259,000,000 | 23,152,000,000 | 22,652,000,000 | 21,156,000,000 | 21,396,000,000 | 20,987,000,000 | 22,583,000,000 | 20,766,000,000 | 21,600,000,000 | 20,541,000,000 | 19,167,000,000 | 18,521,000,000 | 18,594,000,000 | 17,803,000,000 | 17,820,000,000 | 17,674,000,000 | 17,584,000,000 | 15,615,000,000 | 15,171,000,000 | 15,114,000,000 | 15,465,000,000 | 14,794,000,000 | 14,565,000,000 | 14,803,000,000 | 14,998,000,000 | 14,478,000,000 | 14,464,000,000 | 14,051,000,000 | 14,419,300,000 | 13,576,300,000 | 13,358,400,000 | 13,190,600,000 | 13,249,600,000 | 12,255,700,000 | 10,688,300,000 | 9,869,600,000 | |||||||||||||||||||||||||||||
class b — 1,262 and 1,272 shares outstanding | 3,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class a convertible — 320 and 329 shares outstanding | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class b — 1,269 and 1,272 shares outstanding | 3,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive loss | -30,000,000 | -92,000,000 | -624,000,000 | -587,000,000 | -586,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class a convertible — 329 and 329 shares outstanding | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class b — 1,272 and 1,314 shares outstanding | 3,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class b — 1,290 and 1,314 shares outstanding | 3,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class b — 1,295 and 1,314 shares outstanding | 3,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class b — 1,308 and 1,314 shares outstanding | 3,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class a convertible — 329 and 353 shares outstanding | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class b — 1,314 and 1,329 shares outstanding | 3,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class b — 1,323 and 1,329 shares outstanding | 3,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class b — 1,327 and 1,329 shares outstanding | 3,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class b — 1,339 and 1,329 shares outstanding | 3,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class a convertible — 353 and 355 shares outstanding | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class b — 1,329 and 1,357 shares outstanding | 3,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred income taxes | 410,000,000 | 405,000,000 | 377,000,000 | 389,000,000 | 328,000,000 | 334,000,000 | 348,000,000 | 355,000,000 | 319,000,000 | 315,000,000 | 308,000,000 | 308,000,000 | 275,000,000 | 327,000,000 | 282,000,000 | 274,000,000 | 311,000,000 | 298,000,000 | 315,000,000 | 312,000,000 | 286,000,000 | 267,000,000 | 259,000,000 | 248,800,000 | 221,700,000 | 220,000,000 | 214,100,000 | 272,400,000 | 64,500,000 | 89,700,000 | 175,800,000 | 219,700,000 | 203,300,000 | |||||||||||||||||||||||||||||||||||||||
class b — 1,332 and 1,357 shares outstanding | 3,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class b — 1,354 and 1,357 shares outstanding | 3,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class a convertible — 177 and 178 shares outstanding | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class b — 677 and 679 shares outstanding | 3,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock at stated value | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class a convertible — 178 and 178 shares outstanding | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class b — 679 and 692 shares outstanding | 3,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class b — 682 and 692 shares outstanding | 3,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class b — 686 and 692 shares outstanding | 3,000,000 | 3,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities of discontinued operations | 12,000,000 | 18,000,000 | 62,000,000 | 198,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class b — 692 and 716 shares outstanding | 3,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class b — 703 and 716 shares outstanding | 3,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class b — 710 and 716 shares outstanding | 3,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class b — 711 and 716 shares outstanding | 3,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
assets of discontinued operations | 29,000,000 | 344,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class a convertible — 178 and 180 shares outstanding | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class b — 716 and 736 shares outstanding | 3,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less accumulated depreciation | 3,110,000,000 | 3,052,000,000 | 3,068,000,000 | 2,967,000,000 | 2,887,000,000 | 2,868,000,000 | 2,747,000,000 | 2,638,000,000 | 2,560,000,000 | 2,474,600,000 | 2,478,600,000 | 2,393,000,000 | 2,256,900,000 | 2,208,500,000 | 2,236,200,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class b — 716 and 738 shares outstanding | 3,000,000 | 3,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class a convertible — 180 and 180 shares outstanding | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class a convertible — 90 and 90 shares outstanding | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class b — 361 and 368 shares outstanding | 3,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class b — 368 and 378 shares outstanding | 3,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred income taxes and other long-term assets | 921,000,000 | 930,000,000 | 858,000,000 | 970,000,000 | 884,000,000 | 883,000,000 | 867,000,000 | 900,200,000 | 936,800,000 | 715,300,000 | 783,400,000 | 637,900,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred income taxes and other long-term liabilities | 979,000,000 | 925,000,000 | 906,000,000 | 958,000,000 | 929,000,000 | 907,000,000 | 848,500,000 | 876,100,000 | 803,600,000 | 748,600,000 | 983,100,000 | 843,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class a convertible—90 and 90 million shares outstanding | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class b—368 and 378 million shares outstanding | 3,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class a convertible - 90 and 90 million shares outstanding | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class b - 369 and 378 million shares outstanding | 3,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class b - 374 and 378 million shares outstanding | 3,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class b — 378 and 394 shares outstanding | 3,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class a convertible - 90.0 and 90.0 million shares outstanding | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class b - 384.1 and 394.0 million shares outstanding | 3,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class b - 388.5 and 394.0 million shares outstanding | 3,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class b - 387.9 and 394.0 million shares outstanding | 3,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class a convertible — 90.0 and 95.3 shares outstanding | 100,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class b — 394.0 and 390.2 shares outstanding | 2,700,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class a convertible - 90.0 and 95.3 million shares outstanding | 100,000 | 100,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class b - 393.7 and 390.2 million shares outstanding | 2,700,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class b - 397.5 and 390.2 million shares outstanding | 2,700,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class a convertible - 95.3 and 95.3 million shares outstanding | 100,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class b - 391.7 and 390.2 million shares outstanding | 2,700,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class a convertible — 95.3 and 96.8 shares outstanding | 100,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class b — 390.2 and 394.3 shares outstanding | 2,700,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class a convertible - 95.7 and 96.8 million shares outstanding | 100,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class b - 388.7 and 394.3 million shares outstanding | 2,700,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class a convertible- 96.1 and 96.8 million shares outstanding | 100,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class b - 388.0 and 394.3 million shares outstanding | 2,700,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class a convertible-96.2 and 96.8 million shares outstanding | 100,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class b convertible-389.0 and 394.3 million shares outstanding | 2,700,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class a convertible — 117.6 and 127.8 shares outstanding | 100,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class b — 384.1 and 384.2 shares outstanding | 2,700,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts receivables | 2,395,900,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class a convertible — 63.9 and 71.9 shares outstanding | 100,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class b — 192.1 and 189.2 shares outstanding | 2,700,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
unearned stock compensation | -4,100,000 |
Cashflow Statements:
Quarterly
Annual
| Unit: USD | 2025-08-31 | 2025-05-31 | 2025-02-28 | 2024-11-30 | 2024-08-31 | 2024-05-31 | 2024-02-29 | 2023-11-30 | 2023-08-31 | 2023-05-31 | 2023-02-28 | 2022-11-30 | 2022-08-31 | 2022-05-31 | 2022-02-28 | 2021-11-30 | 2021-08-31 | 2021-05-31 | 2021-02-28 | 2020-11-30 | 2020-08-31 | 2020-05-31 | 2020-02-29 | 2019-11-30 | 2019-08-31 | 2019-05-31 | 2019-02-28 | 2018-11-30 | 2018-08-31 | 2018-05-31 | 2018-02-28 | 2017-11-30 | 2017-08-31 | 2017-05-31 | 2017-02-28 | 2016-11-30 | 2016-08-31 | 2016-05-31 | 2016-02-29 | 2015-11-30 | 2015-08-31 | 2015-05-31 | 2015-02-28 | 2014-11-30 | 2014-08-31 | 2014-05-31 | 2014-02-28 | 2013-11-30 | 2013-08-31 | 2013-05-31 | 2013-02-28 | 2012-11-30 | 2012-08-31 | 2012-05-31 | 2012-02-29 | 2011-11-30 | 2011-08-31 | 2011-05-31 | 2011-02-28 | 2010-11-30 | 2010-08-31 | 2010-05-31 | 2010-02-28 | 2009-11-30 | 2009-08-31 | 2009-05-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
cash provided (used) by operations: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income | 727,000,000 | 211,000,000 | 794,000,000 | 1,163,000,000 | 1,051,000,000 | 1,500,000,000 | 1,172,000,000 | 1,578,000,000 | 1,450,000,000 | 1,031,000,000 | 1,240,000,000 | 1,331,000,000 | 1,468,000,000 | 1,439,000,000 | 1,396,000,000 | 1,337,000,000 | 1,874,000,000 | 1,509,000,000 | 1,449,000,000 | 1,251,000,000 | 1,518,000,000 | -790,000,000 | 847,000,000 | 1,115,000,000 | 1,367,000,000 | 989,000,000 | 1,101,000,000 | 847,000,000 | 1,092,000,000 | 1,137,000,000 | -921,000,000 | 767,000,000 | 950,000,000 | 1,008,000,000 | 1,141,000,000 | 842,000,000 | 1,249,000,000 | 846,000,000 | 950,000,000 | 785,000,000 | 1,179,000,000 | 865,000,000 | 791,000,000 | 655,000,000 | 962,000,000 | 691,000,000 | 685,000,000 | 537,000,000 | 780,000,000 | 668,000,000 | 866,000,000 | 384,000,000 | 567,000,000 | 549,000,000 | 560,000,000 | 469,000,000 | 645,000,000 | 594,000,000 | 523,000,000 | 457,000,000 | 559,000,000 | 521,900,000 | 496,400,000 | 375,400,000 | 513,000,000 | 341,400,000 |
adjustments to reconcile net income to net cash provided (used) by operations: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
depreciation and amortization | 190,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred income taxes | -25,000,000 | 16,000,000 | -116,000,000 | -135,000,000 | -53,000,000 | -216,000,000 | -137,000,000 | -76,000,000 | -68,000,000 | 99,000,000 | -66,000,000 | -107,000,000 | -43,000,000 | -416,000,000 | -12,000,000 | -77,000,000 | -145,000,000 | -94,000,000 | -114,000,000 | 43,000,000 | -220,000,000 | -8,000,000 | -238,000,000 | -92,000,000 | -42,000,000 | -33,000,000 | 56,000,000 | -7,000,000 | 18,000,000 | 83,000,000 | 647,000,000 | -24,000,000 | -59,000,000 | -74,000,000 | -129,000,000 | -20,000,000 | -50,000,000 | -74,000,000 | 33,000,000 | -8,000,000 | -31,000,000 | -156,000,000 | -6,000,000 | 14,000,000 | 35,000,000 | 45,000,000 | -79,000,000 | -1,000,000 | 24,000,000 | 77,000,000 | -7,000,000 | -32,000,000 | -17,000,000 | -53,000,000 | -6,000,000 | -5,000,000 | 4,000,000 | -6,000,000 | -67,000,000 | -65,700,000 | 54,900,000 | 37,100,000 | -18,000,000 | -23,800,000 | ||
stock-based compensation | 185,000,000 | 165,000,000 | 169,000,000 | 192,000,000 | 183,000,000 | 186,000,000 | 216,000,000 | 206,000,000 | 196,000,000 | 199,000,000 | 192,000,000 | 194,000,000 | 170,000,000 | 171,000,000 | 161,000,000 | 170,000,000 | 136,000,000 | 144,000,000 | 142,000,000 | 189,000,000 | 136,000,000 | 126,000,000 | 113,000,000 | 110,000,000 | 80,000,000 | 99,000,000 | 93,000,000 | 92,000,000 | 41,000,000 | 60,000,000 | 55,000,000 | 53,000,000 | 50,000,000 | 53,000,000 | 51,000,000 | 54,000,000 | 57,000,000 | 60,000,000 | 60,000,000 | 62,000,000 | 54,000,000 | 51,000,000 | 48,000,000 | 49,000,000 | 43,000,000 | 46,000,000 | 43,000,000 | 46,000,000 | 42,000,000 | 46,000,000 | 45,000,000 | 46,000,000 | 37,000,000 | 35,000,000 | 34,000,000 | 36,000,000 | 25,000,000 | 27,000,000 | 28,000,000 | 29,000,000 | 21,000,000 | 21,500,000 | 23,000,000 | 23,100,000 | 91,400,000 | 43,600,000 |
impairment and other | 8,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net foreign currency adjustments | 34,000,000 | 13,000,000 | -30,000,000 | 61,000,000 | -7,000,000 | -57,000,000 | -38,000,000 | -36,000,000 | -7,000,000 | -16,000,000 | -72,000,000 | -141,000,000 | 16,000,000 | -29,000,000 | -45,000,000 | 5,000,000 | 43,000,000 | -8,000,000 | -32,000,000 | -53,000,000 | -45,000,000 | 72,000,000 | -55,000,000 | -43,000,000 | 49,000,000 | 15,000,000 | 8,000,000 | 44,000,000 | 166,000,000 | 31,000,000 | -63,000,000 | -48,000,000 | -19,000,000 | -27,000,000 | -56,000,000 | 27,000,000 | -61,000,000 | -94,000,000 | 118,000,000 | 42,000,000 | 32,000,000 | 13,000,000 | ||||||||||||||||||||||||
changes in certain working capital components and other assets and liabilities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in accounts receivable | -215,000,000 | -93,000,000 | 779,000,000 | -631,000,000 | -312,000,000 | 100,000,000 | 220,000,000 | -28,000,000 | -621,000,000 | 380,000,000 | 987,000,000 | -463,000,000 | -415,000,000 | -970,000,000 | -77,000,000 | 507,000,000 | 36,000,000 | -769,000,000 | 84,000,000 | 69,000,000 | -990,000,000 | 1,714,000,000 | 93,000,000 | -112,000,000 | -456,000,000 | 190,000,000 | -136,000,000 | -284,000,000 | -43,000,000 | -166,000,000 | -123,000,000 | -90,000,000 | -142,000,000 | 50,000,000 | -141,000,000 | -103,000,000 | -134,000,000 | 46,000,000 | -82,000,000 | 135,800,000 | ||||||||||||||||||||||||||
increase in inventories | -610,000,000 | 219,000,000 | 448,000,000 | 132,000,000 | -679,000,000 | 210,000,000 | 205,000,000 | 756,000,000 | -263,000,000 | 394,000,000 | 421,000,000 | 415,000,000 | -1,363,000,000 | -804,000,000 | -1,140,000,000 | 167,000,000 | 101,000,000 | -167,000,000 | -647,000,000 | 632,000,000 | 689,000,000 | -1,399,000,000 | 153,000,000 | -338,000,000 | -270,000,000 | -264,000,000 | 37,000,000 | -17,000,000 | -114,000,000 | -136,000,000 | -157,000,000 | -398,000,000 | -152,000,000 | -147,000,000 | -134,000,000 | -118,000,000 | ||||||||||||||||||||||||||||||
increase in prepaid expenses, operating lease right-of-use assets and other current and non-current assets | -165,000,000 | 11,000,000 | -375,000,000 | 405,000,000 | -265,000,000 | 82,000,000 | 52,000,000 | -169,000,000 | -225,000,000 | -371,000,000 | -34,000,000 | -111,000,000 | -128,000,000 | -206,000,000 | -195,000,000 | -202,000,000 | -242,000,000 | 224,000,000 | -243,000,000 | 175,000,000 | -338,000,000 | -160,000,000 | -427,000,000 | -105,000,000 | 38,000,000 | |||||||||||||||||||||||||||||||||||||||||
increase in accounts payable, accrued liabilities, operating lease liabilities and other current and non-current liabilities | 93,000,000 | -276,000,000 | -119,000,000 | -323,000,000 | 292,000,000 | 610,000,000 | 99,000,000 | 402,000,000 | -714,000,000 | 301,000,000 | -582,000,000 | -436,000,000 | 492,000,000 | 1,670,000,000 | -102,000,000 | 657,000,000 | -860,000,000 | 952,000,000 | 539,000,000 | -80,000,000 | -85,000,000 | 221,000,000 | 160,000,000 | 190,000,000 | -547,000,000 | |||||||||||||||||||||||||||||||||||||||||
cash provided (used) by operations | 222,000,000 | 463,000,000 | 1,792,000,000 | 1,049,000,000 | 394,000,000 | 2,619,000,000 | 2,059,000,000 | 2,817,000,000 | -66,000,000 | 2,253,000,000 | 2,230,000,000 | 1,001,000,000 | 357,000,000 | 1,151,000,000 | 169,000,000 | 2,757,000,000 | 1,111,000,000 | 2,012,000,000 | 1,290,000,000 | 2,473,000,000 | 882,000,000 | -1,000,000 | 1,180,000,000 | |||||||||||||||||||||||||||||||||||||||||||
capital expenditures | -207,000,000 | -100,000,000 | -81,000,000 | -129,000,000 | -120,000,000 | -213,000,000 | -141,000,000 | -205,000,000 | -253,000,000 | -269,000,000 | -200,000,000 | -236,000,000 | -264,000,000 | -242,000,000 | -154,000,000 | -178,000,000 | -184,000,000 | -174,000,000 | -177,000,000 | -168,000,000 | -176,000,000 | -289,000,000 | -275,000,000 | |||||||||||||||||||||||||||||||||||||||||||
free cash flows | 15,000,000 | 363,000,000 | 1,711,000,000 | 920,000,000 | 274,000,000 | 2,406,000,000 | 1,918,000,000 | 2,612,000,000 | -319,000,000 | 1,984,000,000 | 2,030,000,000 | 765,000,000 | 93,000,000 | 909,000,000 | 15,000,000 | 2,579,000,000 | 927,000,000 | 1,838,000,000 | 1,113,000,000 | 2,305,000,000 | 706,000,000 | -290,000,000 | 905,000,000 | |||||||||||||||||||||||||||||||||||||||||||
cash provided (used) by investing activities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchases of short-term investments | -355,000,000 | -570,000,000 | -580,000,000 | -1,116,000,000 | -968,000,000 | -1,430,000,000 | -1,131,000,000 | -1,062,000,000 | -1,144,000,000 | -1,215,000,000 | -1,344,000,000 | -1,031,000,000 | -2,469,000,000 | -3,684,000,000 | -2,530,000,000 | -4,149,000,000 | -2,550,000,000 | -2,520,000,000 | -2,936,000,000 | -3,104,000,000 | -1,401,000,000 | -651,000,000 | -618,000,000 | -653,000,000 | -504,000,000 | -553,000,000 | -613,000,000 | -791,000,000 | -980,000,000 | -1,139,000,000 | -642,000,000 | -1,339,000,000 | -1,663,000,000 | -1,899,000,000 | -1,671,000,000 | -1,079,000,000 | -1,279,000,000 | -1,608,000,000 | -908,000,000 | -1,663,000,000 | -1,188,000,000 | -1,182,000,000 | -1,166,000,000 | -1,292,000,000 | -1,296,000,000 | -1,240,000,000 | -1,387,000,000 | -1,431,000,000 | -1,328,000,000 | -1,821,000,000 | -502,000,000 | -725,000,000 | -654,000,000 | |||||||||||||
maturities of short-term investments | 209,000,000 | 61,000,000 | 61,000,000 | 53,000,000 | 144,000,000 | 233,000,000 | 559,000,000 | 699,000,000 | 778,000,000 | 886,000,000 | 519,000,000 | 519,000,000 | 1,432,000,000 | 3,047,000,000 | 1,261,000,000 | 1,795,000,000 | 2,096,000,000 | 2,033,000,000 | 1,401,000,000 | 500,000,000 | 302,000,000 | 54,000,000 | 1,000,000 | 3,000,000 | 16,000,000 | 102,000,000 | 432,000,000 | 781,000,000 | 400,000,000 | 512,000,000 | 872,000,000 | 826,000,000 | 1,403,000,000 | 1,190,000,000 | 690,000,000 | 1,181,000,000 | 562,000,000 | 903,000,000 | 511,000,000 | 789,000,000 | 721,000,000 | 1,031,000,000 | 762,000,000 | 788,000,000 | 1,074,000,000 | 902,000,000 | 1,428,000,000 | 784,000,000 | 818,000,000 | 616,000,000 | 213,000,000 | 348,000,000 | 324,000,000 | |||||||||||||
sales of short-term investments | 294,000,000 | 623,000,000 | 553,000,000 | 1,108,000,000 | 778,000,000 | 1,126,000,000 | 1,021,000,000 | 1,034,000,000 | 1,038,000,000 | 1,035,000,000 | 1,177,000,000 | 1,024,000,000 | 948,000,000 | 1,046,000,000 | 889,000,000 | 995,000,000 | 1,037,000,000 | 861,000,000 | 674,000,000 | 530,000,000 | 384,000,000 | 615,000,000 | 783,000,000 | 448,000,000 | 533,000,000 | 581,000,000 | 520,000,000 | 385,000,000 | 586,000,000 | 699,000,000 | 753,000,000 | 526,000,000 | 518,000,000 | 518,000,000 | 501,000,000 | 444,000,000 | 960,000,000 | 447,000,000 | 689,000,000 | 800,000,000 | 450,000,000 | 498,000,000 | 673,000,000 | 283,000,000 | 762,000,000 | 571,000,000 | 38,000,000 | 81,000,000 | 436,000,000 | 60,000,000 | 34,000,000 | 241,000,000 | 663,000,000 | |||||||||||||
additions to property, plant and equipment | -207,000,000 | -100,000,000 | -81,000,000 | -129,000,000 | -120,000,000 | -213,000,000 | -141,000,000 | -205,000,000 | -253,000,000 | -269,000,000 | -200,000,000 | -236,000,000 | -264,000,000 | -242,000,000 | -154,000,000 | -178,000,000 | -184,000,000 | -174,000,000 | -177,000,000 | -168,000,000 | -176,000,000 | -289,000,000 | -275,000,000 | -238,000,000 | -284,000,000 | -273,000,000 | -216,000,000 | -287,000,000 | -343,000,000 | -300,000,000 | -230,000,000 | -228,000,000 | -270,000,000 | -329,000,000 | -264,000,000 | -235,000,000 | -277,000,000 | -242,000,000 | -286,000,000 | -288,000,000 | -327,000,000 | -240,000,000 | -236,000,000 | -225,000,000 | -262,000,000 | -210,000,000 | -242,000,000 | -213,000,000 | -215,000,000 | -235,000,000 | -151,000,000 | -143,000,000 | -107,000,000 | -218,000,000 | -120,000,000 | -145,000,000 | -114,000,000 | -129,000,000 | -112,000,000 | -102,000,000 | -89,000,000 | -95,000,000 | -67,500,000 | -92,100,000 | -80,500,000 | -120,400,000 |
cash provided (used) by investing activities | -59,000,000 | 14,000,000 | -49,000,000 | -74,000,000 | -166,000,000 | -290,000,000 | 309,000,000 | 457,000,000 | 418,000,000 | 427,000,000 | 160,000,000 | 191,000,000 | -214,000,000 | 187,000,000 | -606,000,000 | -1,606,000,000 | 501,000,000 | 187,000,000 | -1,110,000,000 | -1,988,000,000 | -889,000,000 | -270,000,000 | 30,000,000 | -440,000,000 | -348,000,000 | -250,000,000 | 280,000,000 | -484,000,000 | 166,000,000 | 515,000,000 | 317,000,000 | |||||||||||||||||||||||||||||||||||
cash provided (used) by financing activities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in notes payable | -1,000,000 | 1,000,000 | -45,000,000 | 37,000,000 | 6,000,000 | -8,000,000 | 7,000,000 | -2,000,000 | -1,000,000 | 11,000,000 | -9,000,000 | 0 | 13,000,000 | -1,000,000 | -14,000,000 | -7,000,000 | -30,000,000 | 50,000,000 | 241,000,000 | -5,000,000 | 7,000,000 | -6,000,000 | -321,000,000 | 327,000,000 | -1,218,000,000 | 895,000,000 | 9,000,000 | 303,000,000 | 3,000,000 | 0 | 21,000,000 | 20,000,000 | -25,000,000 | -41,000,000 | -17,000,000 | 38,000,000 | -29,000,000 | 69,000,000 | -3,000,000 | 19,000,000 | 32,000,000 | 7,900,000 | 4,000,000 | -249,300,000 | 5,300,000 | |||||||||||||||||||||
proceeds from exercise of stock options and other stock issuances | 127,000,000 | 151,000,000 | 55,000,000 | 214,000,000 | 131,000,000 | 190,000,000 | 150,000,000 | 228,000,000 | 99,000,000 | 238,000,000 | 153,000,000 | 178,000,000 | 82,000,000 | 192,000,000 | 113,000,000 | 373,000,000 | 473,000,000 | 203,000,000 | 188,000,000 | 479,000,000 | 302,000,000 | 207,000,000 | 195,000,000 | 372,000,000 | 111,000,000 | 213,000,000 | 147,000,000 | 153,000,000 | 187,000,000 | 179,000,000 | 234,000,000 | 162,000,000 | 158,000,000 | 150,000,000 | 101,000,000 | 126,000,000 | 112,000,000 | 137,000,000 | 42,000,000 | 200,000,000 | 128,000,000 | 142,000,000 | 59,000,000 | 186,000,000 | 127,000,000 | 75,000,000 | 75,000,000 | 139,000,000 | 94,000,000 | 129,000,000 | 68,000,000 | 77,000,000 | 39,000,000 | 96,000,000 | 88,000,000 | 137,000,000 | 147,000,000 | 66,000,000 | 51,000,000 | 181,000,000 | 47,000,000 | 141,700,000 | 43,700,000 | 131,700,000 | 47,400,000 | 37,600,000 |
repurchase of common stock | -126,000,000 | -199,000,000 | -506,000,000 | -1,096,000,000 | -1,184,000,000 | -1,036,000,000 | -883,000,000 | -1,198,000,000 | -1,133,000,000 | -1,379,000,000 | -1,551,000,000 | -1,567,000,000 | -983,000,000 | -1,091,000,000 | -1,200,000,000 | -971,000,000 | -752,000,000 | -202,000,000 | -944,000,000 | -922,000,000 | -999,000,000 | -1,360,000,000 | -1,560,000,000 | -918,000,000 | -972,000,000 | -804,000,000 | -794,000,000 | -475,000,000 | -900,000,000 | -1,054,000,000 | -540,000,000 | -1,458,000,000 | -652,000,000 | -588,000,000 | -679,000,000 | -612,000,000 | -424,000,000 | -819,000,000 | -912,000,000 | -788,000,000 | -402,000,000 | -526,000,000 | -242,000,000 | -253,000,000 | -413,000,000 | -766,000,000 | -229,000,000 | -260,000,000 | -699,000,000 | -626,000,000 | -607,000,000 | -467,000,000 | -297,000,000 | -488,000,000 | -215,200,000 | -333,300,000 | -177,700,000 | -15,000,000 | 0 | |||||||
dividends — common and preferred | -591,000,000 | -591,000,000 | -594,000,000 | -557,000,000 | -558,000,000 | -560,000,000 | -562,000,000 | -523,000,000 | -524,000,000 | -524,000,000 | -528,000,000 | -480,000,000 | -480,000,000 | -481,000,000 | -483,000,000 | -438,000,000 | -435,000,000 | -435,000,000 | -434,000,000 | -385,000,000 | -384,000,000 | -381,000,000 | -382,000,000 | -344,000,000 | -345,000,000 | -346,000,000 | -348,000,000 | -318,000,000 | -320,000,000 | -323,000,000 | -325,000,000 | -295,000,000 | -300,000,000 | -299,000,000 | -298,000,000 | -267,000,000 | -269,000,000 | -270,000,000 | -273,000,000 | -239,000,000 | -240,000,000 | -241,000,000 | -242,000,000 | -207,000,000 | -209,000,000 | -212,000,000 | -212,000,000 | -187,000,000 | -188,000,000 | -188,000,000 | -188,000,000 | -162,000,000 | -165,000,000 | |||||||||||||
other financing activities | -7,000,000 | -6,000,000 | -16,000,000 | -46,000,000 | -17,000,000 | -14,000,000 | -22,000,000 | -59,000,000 | -41,000,000 | -8,000,000 | -26,000,000 | -46,000,000 | -22,000,000 | -11,000,000 | -31,000,000 | -67,000,000 | -42,000,000 | -5,000,000 | -37,000,000 | -41,000,000 | -53,000,000 | -6,000,000 | -20,000,000 | -14,000,000 | -18,000,000 | |||||||||||||||||||||||||||||||||||||||||
cash provided (used) by financing activities | -598,000,000 | -1,644,000,000 | -1,106,000,000 | -1,448,000,000 | -1,622,000,000 | -1,420,000,000 | -1,317,000,000 | -1,552,000,000 | -1,599,000,000 | -2,181,000,000 | -1,945,000,000 | -1,917,000,000 | -1,404,000,000 | -1,380,000,000 | -1,610,000,000 | -1,103,000,000 | -743,000,000 | -847,000,000 | -320,000,000 | -44,000,000 | -248,000,000 | 5,801,000,000 | -1,442,000,000 | |||||||||||||||||||||||||||||||||||||||||||
effect of exchange rate changes on cash and equivalents | -5,000,000 | 30,000,000 | -15,000,000 | -33,000,000 | 19,000,000 | -9,000,000 | -10,000,000 | 19,000,000 | -16,000,000 | -13,000,000 | 20,000,000 | -11,000,000 | -87,000,000 | -88,000,000 | 0 | -17,000,000 | -38,000,000 | 21,000,000 | 21,000,000 | 46,000,000 | 55,000,000 | -45,000,000 | 25,000,000 | 10,000,000 | -56,000,000 | -70,000,000 | 57,000,000 | -13,000,000 | -103,000,000 | -46,000,000 | 53,000,000 | -2,000,000 | 40,000,000 | 10,000,000 | 9,000,000 | -50,000,000 | 11,000,000 | 26,000,000 | -73,000,000 | -20,000,000 | -38,000,000 | -17,000,000 | ||||||||||||||||||||||||
net increase in cash and equivalents | -440,000,000 | -1,137,000,000 | 622,000,000 | -506,000,000 | -1,375,000,000 | 900,000,000 | 1,041,000,000 | 1,741,000,000 | -1,263,000,000 | 486,000,000 | 465,000,000 | -736,000,000 | -1,348,000,000 | -130,000,000 | -2,047,000,000 | 31,000,000 | 831,000,000 | 1,373,000,000 | -119,000,000 | 487,000,000 | -200,000,000 | 5,485,000,000 | -207,000,000 | -376,000,000 | -1,020,000,000 | 771,000,000 | 272,000,000 | 587,000,000 | -642,000,000 | -213,000,000 | -318,000,000 | 94,000,000 | -807,000,000 | 605,000,000 | -606,000,000 | 837,000,000 | 742,000,000 | -30,000,000 | 83,000,000 | 356,000,000 | 780,000,000 | 296,000,000 | 399,000,000 | |||||||||||||||||||||||
cash and equivalents, beginning of period | 7,464,000,000 | 0 | 0 | 9,860,000,000 | 0 | 0 | 7,441,000,000 | 0 | 0 | 8,574,000,000 | 0 | 0 | 9,889,000,000 | 0 | 0 | 8,348,000,000 | 0 | 0 | 4,466,000,000 | 0 | 0 | 4,249,000,000 | 0 | 0 | 3,808,000,000 | 0 | 0 | 3,138,000,000 | 0 | 0 | 3,852,000,000 | 0 | 0 | 2,220,000,000 | 0 | 0 | 3,337,000,000 | 0 | 0 | 2,317,000,000 | 0 | 0 | 1,955,000,000 | 0 | 0 | 3,079,000,000 | 0 | 0 | 2,291,100,000 | |||||||||||||||||
cash and equivalents, end of period | 7,024,000,000 | 622,000,000 | -506,000,000 | 8,485,000,000 | 1,041,000,000 | 1,741,000,000 | 6,178,000,000 | 465,000,000 | -736,000,000 | 7,226,000,000 | -2,047,000,000 | 31,000,000 | 10,720,000,000 | -119,000,000 | 487,000,000 | 8,148,000,000 | -207,000,000 | -376,000,000 | 3,446,000,000 | 272,000,000 | 141,000,000 | 3,282,000,000 | -642,000,000 | 891,000,000 | 3,413,000,000 | -318,000,000 | 1,680,000,000 | 2,659,000,000 | -807,000,000 | 605,000,000 | 3,246,000,000 | 742,000,000 | -30,000,000 | 2,303,000,000 | -222,000,000 | -850,000,000 | 2,936,000,000 | 266,000,000 | 126,000,000 | 2,165,000,000 | 92,000,000 | 321,000,000 | 1,608,000,000 | 364,000,000 | -242,000,000 | 2,010,000,000 | 190,000,000 | -225,400,000 | 2,260,600,000 | |||||||||||||||||
supplemental disclosure of cash flow information: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
non-cash additions to property, plant and equipment | 101,000,000 | 97,000,000 | 2,000,000 | 37,000,000 | 48,000,000 | -17,000,000 | 12,000,000 | 17,000,000 | 148,000,000 | 66,000,000 | 21,000,000 | 0 | 124,000,000 | 34,000,000 | 23,000,000 | 0 | 103,000,000 | 63,000,000 | -2,000,000 | 4,000,000 | 114,000,000 | 6,000,000 | 29,000,000 | -4,000,000 | 90,000,000 | -11,000,000 | 43,000,000 | 18,000,000 | 110,000,000 | 104,000,000 | 98,000,000 | -6,000,000 | 98,000,000 | 18,000,000 | 128,000,000 | 24,000,000 | 96,000,000 | 152,000,000 | -101,000,000 | 49,000,000 | 152,000,000 | 111,000,000 | -46,000,000 | 16,000,000 | 125,000,000 | |||||||||||||||||||||
dividends declared and not paid | 594,000,000 | -1,000,000 | -3,000,000 | 43,000,000 | 554,000,000 | -3,000,000 | -4,000,000 | 46,000,000 | 519,000,000 | -3,000,000 | 1,000,000 | 44,000,000 | 482,000,000 | -8,000,000 | 7,000,000 | 45,000,000 | 436,000,000 | 1,000,000 | 2,000,000 | 52,000,000 | 383,000,000 | 1,000,000 | 0 | 40,000,000 | 344,000,000 | 0 | -1,000,000 | 30,000,000 | 318,000,000 | -4,000,000 | -1,000,000 | 30,000,000 | 295,000,000 | -3,000,000 | -1,000,000 | 32,000,000 | 272,000,000 | 1,000,000 | -3,000,000 | 34,000,000 | 239,000,000 | -1,000,000 | -1,000,000 | 35,000,000 | 207,000,000 | -2,000,000 | -2,000,000 | 26,000,000 | 187,000,000 | 0 | 0 | 26,000,000 | 162,000,000 | 0 | 0 | 21,000,000 | 144,000,000 | -2,000,000 | -1,000,000 | 19,000,000 | 129,000,000 | 100,000 | -1,000,000 | 9,900,000 | 121,700,000 | 300,000 |
balance at may 31, 2025 | 290,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
stock options exercised | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
conversion to class b common stock | -1,000,000 | -7,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repurchase of class b common stock | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
dividends on common stock | -165,000,000 | -144,000,000 | -145,000,000 | -148,000,000 | -129,000,000 | -131,000,000 | -131,600,000 | -121,700,000 | -121,400,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance of shares to employees, net of shares withheld for employee taxes | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other comprehensive income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
balance at august 31, 2025 | 289,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other investing activities | 0 | -2,000,000 | -6,000,000 | 1,000,000 | -9,000,000 | -1,000,000 | -10,000,000 | 8,000,000 | -85,000,000 | 139,000,000 | 20,000,000 | -72,000,000 | -69,000,000 | 102,000,000 | -13,000,000 | -72,000,000 | 254,000,000 | 2,000,000 | 1,000,000 | 139,000,000 | 0 | -109,000,000 | 0 | 19,000,000 | -11,000,000 | -42,000,000 | ||||||||||||||||||||||||||||||||||||||||
repayment of borrowings | -1,000,000 | -23,000,000 | -90,000,000 | -83,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and equivalents, beginning of year | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and equivalents, end of year | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash paid during the year for: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest, net of capitalized interest | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income taxes | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
balance at may 31, 2022 | 305,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
balance at may 31, 2023 | 305,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
balance at may 31, 2024 | 298,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
depreciation | 198,000,000 | 190,000,000 | 188,000,000 | 207,000,000 | 207,000,000 | 191,000,000 | 191,000,000 | 187,000,000 | 174,000,000 | 173,000,000 | 169,000,000 | 179,000,000 | 180,000,000 | 181,000,000 | 177,000,000 | 201,000,000 | 182,000,000 | 185,000,000 | 176,000,000 | 208,000,000 | 170,000,000 | 174,000,000 | 169,000,000 | 178,000,000 | 178,000,000 | 171,000,000 | 178,000,000 | 196,000,000 | 185,000,000 | 187,000,000 | 179,000,000 | 185,000,000 | 175,000,000 | 173,000,000 | 173,000,000 | 168,000,000 | 167,000,000 | 160,000,000 | 154,000,000 | 153,000,000 | 152,000,000 | 154,000,000 | 147,000,000 | 140,000,000 | 132,000,000 | 124,000,000 | 122,000,000 | 116,000,000 | 111,000,000 | 107,000,000 | 104,000,000 | 101,000,000 | 94,000,000 | 92,000,000 | 86,000,000 | 86,000,000 | 88,000,000 | 83,000,000 | 78,000,000 | 83,200,000 | 81,400,000 | 79,800,000 | 79,300,000 | 88,400,000 | ||
amortization, impairment and other | 44,000,000 | -5,000,000 | -4,000,000 | -3,000,000 | 63,000,000 | -7,000,000 | -5,000,000 | 49,000,000 | -30,000,000 | 146,000,000 | -9,000,000 | 117,000,000 | 3,000,000 | 12,000,000 | -9,000,000 | 20,000,000 | -70,000,000 | 62,000,000 | 41,000,000 | 15,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||
balance at november 30, 2024 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
balance at february 28, 2025 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
balance at august 31, 2024 | 0 | 298,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
dividends on common stock (0.370 per share) and preferred stock at 0.10 per share | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
balance at may 31, 2021 | 305,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
balance at november 30, 2023 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
balance at february 29, 2024 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
balance at august 31, 2023 | 0 | 298,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
balance at may 31, 2020 | 315,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
balance at november 30, 2022 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
balance at february 28, 2023 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
balance at august 31, 2022 | 0 | 305,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from borrowings, net of debt issuance costs | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
balance at may 31, 2019 | 315,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
adoption of asc topic 842 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
balance at november 30, 2021 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
balance at february 28, 2022 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
balance at august 31, 2021 | 0 | 305,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
balance at may 31, 2018 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
adoption of asu 2016-16 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
adoption of asc topic 606 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
balance at november 30, 2020 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
balance at february 28, 2021 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
balance at august 31, 2020 | 0 | 315,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
balance at may 31, 2017 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
reclassifications to retained earnings in accordance with asu 2018-02 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
balance at november 30, 2019 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
balance at february 29, 2020 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
amortization and other | 13,000,000 | 6,000,000 | 6,000,000 | -1,000,000 | 7,000,000 | 3,000,000 | 4,000,000 | 13,000,000 | 4,000,000 | 6,000,000 | 3,000,000 | -5,000,000 | 5,000,000 | 7,000,000 | -5,000,000 | 10,000,000 | -3,000,000 | 11,000,000 | 15,000,000 | 82,000,000 | -20,000,000 | -34,000,000 | 12,000,000 | 48,000,000 | 23,000,000 | 31,000,000 | 38,000,000 | -18,000,000 | 22,000,000 | 33,000,000 | -16,000,000 | 28,000,000 | -5,000,000 | 25,000,000 | 12,000,000 | -3,000,000 | 30,000,000 | -16,000,000 | 50,000,000 | 6,000,000 | 14,200,000 | 1,600,000 | 40,100,000 | |||||||||||||||||||||||
balance at august 31, 2019 | 0 | 315,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash from operations: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net income to net cash from operations: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash from operations | 394,000,000 | 2,010,000,000 | 1,068,000,000 | 1,524,000,000 | 1,301,000,000 | 2,270,000,000 | 787,000,000 | 1,323,000,000 | 575,000,000 | 889,000,000 | 1,067,000,000 | 963,000,000 | 721,000,000 | 1,184,000,000 | 876,000,000 | 545,000,000 | 491,000,000 | 1,342,000,000 | 2,103,000,000 | 647,000,000 | 588,000,000 | 1,320,000,000 | 754,000,000 | 332,000,000 | 597,000,000 | 1,359,000,000 | 423,000,000 | 710,000,000 | 535,000,000 | 974,000,000 | 328,000,000 | 510,000,000 | 87,000,000 | 842,000,000 | 323,000,000 | 435,000,000 | 212,000,000 | 1,275,200,000 | 511,900,000 | 668,100,000 | 709,000,000 | 1,073,700,000 | ||||||||||||||||||||||||
cash used by financing activities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash used by financing activities | -1,010,000,000 | -1,026,000,000 | -977,000,000 | -1,458,000,000 | -1,832,000,000 | -1,387,000,000 | -2,234,000,000 | -216,000,000 | -998,000,000 | -592,000,000 | -670,000,000 | 455,000,000 | -1,135,000,000 | -626,000,000 | -1,763,000,000 | 392,000,000 | -674,000,000 | -695,000,000 | -791,000,000 | -422,000,000 | -882,000,000 | -997,000,000 | -927,000,000 | -392,000,000 | -598,000,000 | 743,000,000 | -352,000,000 | -524,000,000 | -907,000,000 | -248,000,000 | -416,000,000 | -710,000,000 | -744,000,000 | -634,000,000 | -542,000,000 | -196,000,000 | -600,000,000 | -151,900,000 | -403,600,000 | -147,300,000 | -358,400,000 | -76,800,000 | ||||||||||||||||||||||||
increase in prepaid expenses and other current and non-current assets | -36,000,000 | -43,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in accounts payable, accrued liabilities and other current and non-current liabilities | 866,000,000 | -225,000,000 | 679,000,000 | 205,000,000 | 76,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
disposals of property, plant and equipment | 0 | 1,000,000 | 0 | 4,000,000 | 0 | 1,000,000 | 1,000,000 | 0 | 0 | 9,000,000 | 0 | 1,000,000 | 0 | 2,000,000 | 2,000,000 | 0 | 0 | 1,000,000 | 13,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
net proceeds from long-term debt issuance | 0 | 0 | 0 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
long-term debt payments, including current portion | -1,000,000 | -2,000,000 | -2,000,000 | -1,000,000 | -2,000,000 | -1,000,000 | -2,000,000 | -1,000,000 | -1,000,000 | -40,000,000 | -1,000,000 | -2,000,000 | -2,000,000 | -1,000,000 | -102,000,000 | -1,000,000 | -2,000,000 | -1,000,000 | -2,000,000 | -2,000,000 | -2,000,000 | -1,000,000 | -55,000,000 | -2,000,000 | ||||||||||||||||||||||||||||||||||||||||||
payments on capital lease and other financing obligations | -6,000,000 | -7,000,000 | -8,000,000 | -6,000,000 | -7,000,000 | -5,000,000 | -5,000,000 | -6,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tax payments for net share settlement of equity awards | 0 | -6,000,000 | 0 | -11,000,000 | -1,000,000 | -1,000,000 | 1,000,000 | -54,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
balance at may 31, 2016 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash (used) provided by investing activities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash (used) provided by investing activities | -385,000,000 | 39,000,000 | -69,000,000 | -785,000,000 | -392,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repurchases of common stock | -768,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
nike, inc. unaudited condensed consolidated statements of shareholders’ equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash used by investing activities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash used by investing activities | 88,000,000 | -333,000,000 | -12,000,000 | -520,000,000 | -76,000,000 | -490,000,000 | 153,000,000 | 207,000,000 | -216,000,000 | -419,000,000 | 569,000,000 | -487,000,000 | -684,000,000 | -303,500,000 | 100,800,000 | -732,900,000 | -331,900,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
(increase) in accounts receivable | -294,000,000 | -101,000,000 | -228,000,000 | 15,000,000 | 68,000,000 | 26,000,000 | -203,000,000 | -102,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(increase) in inventories | -25,000,000 | -10,000,000 | -2,000,000 | -147,000,000 | -96,000,000 | -74,000,000 | 143,000,000 | -238,000,000 | -62,000,000 | -231,000,000 | -5,000,000 | -254,000,000 | -100,000,000 | -111,000,000 | -192,000,000 | -207,000,000 | -111,000,000 | -162,000,000 | -63,000,000 | -217,000,000 | -63,000,000 | |||||||||||||||||||||||||||||||||||||||||||||
(increase) in prepaid expenses and other current and non-current assets | -83,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net decrease in cash and equivalents | -967,000,000 | -395,000,000 | -479,000,000 | 126,000,000 | -152,000,000 | 321,000,000 | -347,000,000 | 364,000,000 | -242,000,000 | -1,069,000,000 | 190,000,000 | -225,400,000 | -30,500,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
notes to the unaudited condensed consolidated financial statements | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease (increase) in accounts receivable | 184,000,000 | -140,000,000 | 52,000,000 | 104,000,000 | 16,000,000 | 92,700,000 | -195,700,000 | 191,200,000 | 93,500,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease (increase) in prepaid expenses and other current and non-current assets | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investments in reverse repurchase agreements | 0 | -50,000,000 | 100,000,000 | 0 | -100,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
nike, inc. consolidated statements of shareholders’ equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income charges (credits) not affecting cash: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(increase) in prepaid expenses and other current assets | 335,000,000 | -543,000,000 | 32,000,000 | -67,000,000 | -22,000,000 | -63,000,000 | -12,000,000 | -35,000,000 | -41,000,000 | -73,000,000 | -113,000,000 | 27,000,000 | 12,000,000 | -97,000,000 | -23,000,000 | -102,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
increase in accounts payable, accrued liabilities and income taxes payable | -48,000,000 | 208,000,000 | 342,000,000 | 732,000,000 | 14,000,000 | -100,000,000 | -91,800,000 | 164,400,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
excess tax benefits from share-based payment arrangements | 52,000,000 | 47,000,000 | 19,000,000 | 59,000,000 | 50,000,000 | 30,000,000 | 126,000,000 | 75,000,000 | 68,000,000 | 34,000,000 | 72,000,000 | 44,000,000 | 24,000,000 | 37,000,000 | 44,000,000 | 27,000,000 | 38,000,000 | 20,000,000 | 6,000,000 | 8,000,000 | 30,000,000 | 26,000,000 | 29,000,000 | 30,000,000 | 10,000,000 | 14,000,000 | 34,000,000 | 6,000,000 | 22,000,000 | 11,600,000 | 18,200,000 | 6,700,000 | 3,100,000 | |||||||||||||||||||||||||||||||||
(decrease) in accounts payable, accrued liabilities and income taxes payable | 42,000,000 | 176,000,000 | -245,000,000 | -7,000,000 | -787,000,000 | 37,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payments on capital lease obligations | -8,000,000 | -4,000,000 | -2,000,000 | -2,000,000 | -2,000,000 | -3,000,000 | -4,000,000 | -6,000,000 | -6,000,000 | -8,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease (increase) in other assets, net of other liabilities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(increase) in other assets, net of other liabilities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in notes payable | -38,000,000 | -31,000,000 | -18,000,000 | -32,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(decrease) in notes payable | -48,000,000 | 10,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net gain on divestitures | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from divestitures | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
effect of exchange rate changes | 191,000,000 | 97,000,000 | -6,000,000 | 20,000,000 | -5,000,000 | -8,000,000 | 55,000,000 | -1,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(decrease) in accounts payable, accrued liabilities and income taxes | -251,000,000 | 251,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in other assets, net of other liabilities | 14,000,000 | -6,000,000 | -6,000,000 | -4,000,000 | -10,000,000 | -5,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
settlement of net investment hedges | 8,000,000 | 22,000,000 | 14,000,000 | -22,000,000 | -15,000,000 | 4,000,000 | -34,000,000 | 22,000,000 | 54,600,000 | 17,900,000 | -36,500,000 | -30,500,000 | -35,600,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
net income on divestitures | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in accounts payable, accrued liabilities and income taxes | -135,000,000 | -10,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net (decrease) in cash and equivalents | -401,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in prepaid expenses and other current assets | -63,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in accounts payable, accrued liabilities and income taxes payable | -243,000,000 | 117,700,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash from investing activities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash from investing activities | 150,000,000 | -61,000,000 | 221,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
reductions in long-term debt, including current portion | -2,000,000 | -3,000,000 | -42,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
note 1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
note 2 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
note 3 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
note 4 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
note 5 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
note 6 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
note 7 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
note 8 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
note 9 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
note 10 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
note 11 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
note 12 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on sale of umbro | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from the sale of umbro | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in prepaid expenses and other assets | -94,000,000 | 4,000,000 | -59,000,000 | -35,000,000 | 53,900,000 | -54,600,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchases of investments | -378,000,000 | -326,000,000 | -1,197,000,000 | -2,666,000,000 | -1,610,000,000 | -1,753,000,000 | -850,200,000 | -939,700,000 | -640,300,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
maturities of investments | 519,000,000 | 790,000,000 | 792,000,000 | 1,291,000,000 | 1,063,000,000 | 775,000,000 | 956,200,000 | 293,400,000 | 96,200,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
sales of investments | 116,000,000 | 187,000,000 | 889,000,000 | 2,057,000,000 | 197,000,000 | 364,000,000 | 47,500,000 | 35,900,000 | 322,900,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from the sale of property, plant and equipment | 0 | 0 | 1,000,000 | 700,000 | 8,800,000 | 300,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in other assets and liabilities | 7,000,000 | -5,000,000 | -32,000,000 | -6,000,000 | -1,000,000 | -3,000,000 | -3,800,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
reduction in long-term debt, including current portion | -67,000,000 | -2,000,000 | -132,000,000 | -2,000,000 | -2,000,000 | -2,000,000 | -1,900,000 | -1,800,000 | -26,800,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
effect of exchange rate changes on cash | 14,000,000 | 6,000,000 | -7,000,000 | 14,000,000 | 6,000,000 | 3,000,000 | -19,100,000 | -13,300,000 | -49,200,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
amortized intangible assets: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
patents | 5,000,000 | 3,000,000 | 85,000,000 | 4,000,000 | 1,000,000 | 71,000,000 | 2,800,000 | 2,900,000 | 58,700,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
trademarks | 1,000,000 | 1,000,000 | 45,000,000 | 1,000,000 | 0 | 42,000,000 | 600,000 | 700,000 | 38,100,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other | 1,000,000 | -2,000,000 | 96,000,000 | 0 | 0 | 34,000,000 | -3,300,000 | 500,000 | 36,500,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total | 7,000,000 | 2,000,000 | 226,000,000 | 5,000,000 | 1,000,000 | 147,000,000 | 100,000 | 4,100,000 | 133,300,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
unamortized intangible assets- trademarks | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
identifiable intangible assets | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
goodwill | -3,000,000 | 403,000,000 | 0 | 391,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment of goodwill, intangibles and other assets | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
changes in certain working capital components and other assets and liabilities excluding the impact of acquisition and divestitures: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
balance at may 31, 2008 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance of shares to employees | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
forfeiture of shares from employees | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
comprehensive income: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other comprehensive income: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
foreign currency translation and other | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net gain on cash flow hedges | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net gain on net investment hedges | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
reclassification to net income of previously deferred net gains related to hedge derivatives | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total comprehensive income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
balance at may 31, 2009 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
reclassification of ineffective hedge gains to net income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
balance at may 31, 2010 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income on cash flow hedges | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income on net investment hedges | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
balance at may 31, 2011 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease (increase) in prepaid expenses and other assets | -2,000,000 | -3,000,000 | 13,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
unamortized intangible assets - trademarks | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on divestitures | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease (increase) in inventories | 69,700,000 | -36,800,000 | 157,100,000 | 94,600,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
maturities and sales of short-term investments | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquisition of subsidiary, net of cash acquired | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
balance at may 31, 2007 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
comprehensive income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
realized foreign currency translation gain due to divestiture | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
reclassification to net income of previously deferred losses related to hedge derivatives | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
adoption of fin 48 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
adoption of eitf 06-2 sabbaticals | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease (increase) in prepaid expenses and other current assets | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of long-term debt | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
balance at may 31, 2006 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
adoption of fas 158 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on divestiture | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquisition of shares of umbro plc | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from divestiture | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
goodwill, may 31, 2008 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase price adjustments | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment charge | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
goodwill, february 28, 2009 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income charges not affecting cash: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income tax benefit from exercise of stock options | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
balance at may 31, 2004 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
foreign currency translation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
adjustment for fair value of hedge derivatives | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
balance at may 31, 2005 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
changes in certain working capital components: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in prepaids and other current assets | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in other assets | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in other liabilities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from long-term debt issuance | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
reductions in long-term debt including current portion | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repurchase of stock | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
balance at may 31, 2003 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
amortization of unearned compensation |