Computation of Earnings Per Share

9 Months Ended

Feb. 28, 2023

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
	2023		2022		2023		2022
Basic earnings per common share:
Net earnings allocable to common shares(1)	$	770	$	1,110	$	2,430	$	3,262
Weighted-average common shares		251		261		255		264
Basic earnings per common share	$	3.07	$	4.26	$	9.52	$	12.36
Diluted earnings per common share:
Net earnings allocable to common shares(1)	$	770	$	1,110	$	2,430	$	3,262
Weighted-average common shares		251		261		255		264
Dilutive effect of share-based awards		2		4		2		4
Weighted-average diluted shares		253		265		257		268
Diluted earnings per common share	$	3.05	$	4.20	$	9.46	$	12.17
Anti-dilutive options excluded from diluted earnings per    common share		7.8		4.4		7.7		3.8

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