Operating Segments (Tables)

3 Months Ended

Aug. 31, 2019

Schedule of Segment Reporting Information, by Segment

Accounts receivable, net, Inventories and Property, plant and equipment, net for operating segments are regularly reviewed by management and are therefore provided below.



	THREE MONTHS ENDED AUGUST 31,
(Dollars in millions)	2019			2018
REVENUES
North America	$	4,293		$	4,145
Europe, Middle East & Africa	2,773			2,607
Greater China	1,679			1,379
Asia Pacific & Latin America	1,345			1,270
Global Brand Divisions	6			16
Total NIKE Brand	10,096			9,417
Converse	555			527
Corporate	9			4
TOTAL NIKE, INC. REVENUES	$	10,660		$	9,948
EARNINGS BEFORE INTEREST AND TAXES
North America	$	1,100		$	1,077
Europe, Middle East & Africa	609			501
Greater China	669			502
Asia Pacific & Latin America	341			323
Global Brand Divisions	(857		)	(818		)
Converse	138			98
Corporate	(424		)	(402		)
Interest expense (income), net	15			11
TOTAL NIKE, INC. INCOME BEFORE INCOME TAXES	$	1,561		$	1,270

Reconciliation of Assets from Segment to Consolidated



	AS OF AUGUST 31,		AS OF MAY 31,
(Dollars in millions)	2019		2019
ACCOUNTS RECEIVABLE, NET
North America	$	1,795	$	1,718
Europe, Middle East & Africa	1,321		1,164
Greater China	344		245
Asia Pacific & Latin America	789		771
Global Brand Divisions	114		105
Total NIKE Brand	4,363		4,003
Converse	249		243
Corporate	44		26
TOTAL ACCOUNTS RECEIVABLE, NET	$	4,656	$	4,272
INVENTORIES
North America	$	2,271	$	2,328
Europe, Middle East & Africa	1,459		1,390
Greater China	775		693
Asia Pacific & Latin America	817		694
Global Brand Divisions	143		126
Total NIKE Brand	5,465		5,231
Converse	260		269
Corporate	110		122
TOTAL INVENTORIES	$	5,835	$	5,622



	AS OF AUGUST 31,		AS OF MAY 31,
(Dollars in millions)	2019		2019
PROPERTY, PLANT AND EQUIPMENT, NET
North America	$	665	$	814
Europe, Middle East & Africa	832		929
Greater China	220		237
Asia Pacific & Latin America	326		326
Global Brand Divisions	759		665
Total NIKE Brand	2,802		2,971
Converse	93		100
Corporate	1,720		1,673
TOTAL PROPERTY, PLANT AND EQUIPMENT, NET	$	4,615	$	4,744