Earnings Per Share

9 Months Ended

Aug. 31, 2023

Earnings Per Share [Abstract]

Earnings Per Share

Earnings Per Share 

	Three Months Ended August 31,				Nine Months Ended August 31,
(in millions, except per share data)	2023		2022		2023		2022
Net income (loss)	$	1,074	$	(770)	$	(26)	$	(4,495)
Interest expense on dilutive convertible notes	24		—		—		—
Net income (loss) for diluted earnings per share	$	1,098	$	(770)	$	(26)	$	(4,495)
Weighted-average shares outstanding	1,263		1,185		1,262		1,154
Dilutive effect of equity awards	6		—		—		—
Dilutive effect of convertible notes	127		—		—		—
Diluted weighted-average shares outstanding	1,396		1,185		1,262		1,154
Basic earnings per share	$	0.85	$	(0.65)	$	(0.02)	$	(3.89)
Diluted earnings per share	$	0.79	$	(0.65)	$	(0.02)	$	(3.89)

Antidilutive shares excluded from diluted earnings per share computations were as follows:

	Three Months Ended August 31,		Nine Months Ended August 31,
(in millions)	2023	2022	2023	2022
Equity awards	—	—	3	1
Convertible Notes	—	52	131	52
Total antidilutive securities	—	52	134	54