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Computation of Earnings Per Share (Tables)
12 Months Ended
May 31, 2021
Computation Of Earnings Per Share Tables [Abstract]  
Schedule of Basic and Diluted Earnings Per Common Share

The calculation of basic and diluted earnings per common share for the years ended May 31 was as follows (in millions, except per share amounts):

 

 

 

2021

 

 

2020

 

 

2019

 

Basic earnings per common share:

 

 

 

 

 

 

 

 

 

 

 

 

Net earnings allocable to common shares(1)

 

$

5,220

 

 

$

1,284

 

 

$

539

 

Weighted-average common shares

 

 

264

 

 

 

261

 

 

 

262

 

Basic earnings per common share

 

$

19.79

 

 

$

4.92

 

 

$

2.06

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted earnings per common share:

 

 

 

 

 

 

 

 

 

 

 

 

Net earnings allocable to common shares(1)

 

$

5,221

 

 

$

1,284

 

 

$

539

 

Weighted-average common shares

 

 

264

 

 

 

261

 

 

 

262

 

Dilutive effect of share-based awards

 

 

4

 

 

 

1

 

 

 

3

 

Weighted-average diluted shares

 

 

268

 

 

 

262

 

 

 

265

 

Diluted earnings per common share

 

$

19.45

 

 

$

4.90

 

 

$

2.03

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Anti-dilutive options excluded from diluted earnings per common share

 

 

3.5

 

 

 

11.7

 

 

 

5.4

 

 

(1)

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