Computation of Earnings Per Share

9 Months Ended

Feb. 28, 2022

Earnings Per Share [Abstract]

Computation of Earnings Per Share

(5) Computation of Earnings Per Share

The calculation of basic and diluted earnings per common share for the periods ended February 28 was as follows (in millions, except per share amounts):

	Three Months Ended				Nine Months Ended
	2022		2021		2022		2021
Basic earnings per common share:
Net earnings allocable to common shares(1)	$	1,110	$	889	$	3,262	$	3,356
Weighted-average common shares		261		265		264		263
Basic earnings per common share	$	4.26	$	3.36	$	12.36	$	12.75
Diluted earnings per common share:
Net earnings allocable to common shares(1)	$	1,110	$	889	$	3,262	$	3,356
Weighted-average common shares		261		265		264		263
Dilutive effect of share-based awards		4		5		4		4
Weighted-average diluted shares		265		270		268		267
Diluted earnings per common share	$	4.20	$	3.30	$	12.17	$	12.55
Anti-dilutive options excluded from diluted earnings per    common share		4.4		2.0		3.8		4.1

(1) Net earnings available to participating securities were immaterial in all periods presented.