$NKE
NIKE, Inc. Stock $nke

$nke Overview Financials Valuation SEC Filings Company Website

2019 Q1 Form 10-Q Financial Statement

#000032018719000030 Filed on April 04, 2019

Income Statement

Concept	2019 Q1	2018 Q1	2017 Q4
Revenue	$9.611B	$8.984B	$8.554B
YoY Change	6.98%	6.55%	4.57%
Cost Of Revenue	$5.272B	$5.046B	$4.876B
YoY Change	4.48%	7.77%	6.84%
Gross Profit	$4.339B	$3.938B	$3.678B
YoY Change	10.18%	5.01%	1.71%
Gross Profit Margin	45.15%	43.83%	43.0%
Selling, General & Admin	$3.091B	$2.767B	$2.768B
YoY Change	11.71%	10.86%	10.5%
% of Gross Profit	71.24%	70.26%	75.26%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$177.0M	$198.0M	$191.0M
YoY Change	-10.61%	16.47%	7.3%
% of Gross Profit	4.08%	5.03%	5.19%
Operating Expenses	$3.091B	$2.767B	$2.768B
YoY Change	11.71%	10.86%	10.5%
Operating Profit	$1.248B	$1.171B	$910.0M
YoY Change	6.58%	-6.62%	-18.09%
Interest Expense	-$12.00M	-$13.00M	-$13.00M
YoY Change	-7.69%	-31.58%	-13.33%
% of Operating Profit	-0.96%	-1.11%	-1.43%
Other Income/Expense, Net	$55.00M	$1.000M	-$18.00M
YoY Change	5400.0%	-98.86%	-200.0%
Pretax Income	$1.291B	$1.159B	$879.0M
YoY Change	11.39%	-12.4%	-21.1%
Income Tax	$190.0M	$2.080B	$112.0M
% Of Pretax Income	14.72%	179.47%	12.74%
Net Earnings	$1.101B	-$921.0M	$767.0M
YoY Change	-219.54%	-180.72%	-8.91%
Net Earnings / Revenue	11.46%	-10.25%	8.97%
Basic Earnings Per Share	$0.70	-$0.57	$0.47
Diluted Earnings Per Share	$0.68	-$0.57	$0.46
COMMON SHARES
Basic Shares Outstanding	1.573B shares	1.624B shares	1.627B shares
Diluted Shares Outstanding	1.610B shares	1.624B shares	1.661B shares

Balance Sheet

Concept	2019 Q1	2018 Q1	2017 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments	$4.046B	$4.751B	$6.389B
YoY Change	-14.84%	-22.87%	7.5%
Cash & Equivalents	$3.695B	$3.662B	$4.304B
Short-Term Investments	$351.0M	$1.089B	$2.085B
Other Short-Term Assets	$1.786B	$1.446B	$1.254B
YoY Change	23.51%	6.25%	-19.46%
Inventory	$5.415B	$5.366B	$5.326B
Prepaid Expenses
Receivables	$4.549B	$3.792B	$3.613B
Other Receivables	$0.00	$0.00	$0.00
Total Short-Term Assets	$15.80B	$15.36B	$16.58B
YoY Change	2.87%	-5.25%	3.57%
LONG-TERM ASSETS
Property, Plant & Equipment	$4.688B	$4.298B	$4.117B
YoY Change	9.07%	13.31%	15.45%
Goodwill	$154.0M	$139.0M	$139.0M
YoY Change	10.79%	0.0%	0.0%
Intangibles	$283.0M	$282.0M	$282.0M
YoY Change	0.35%	-0.35%	-0.35%
Long-Term Investments
YoY Change
Other Assets	$2.000B	$2.478B	$2.935B
YoY Change	-19.29%	-9.3%	10.63%
Total Long-Term Assets	$7.125B	$7.197B	$7.473B
YoY Change	-1.0%	3.6%	12.53%
TOTAL ASSETS
Total Short-Term Assets	$15.80B	$15.36B	$16.58B
Total Long-Term Assets	$7.125B	$7.197B	$7.473B
Total Assets	$22.92B	$22.55B	$24.06B
YoY Change	1.64%	-2.59%	6.19%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$2.307B	$1.961B	$2.141B
YoY Change	17.64%	1.19%	5.31%
Accrued Expenses	$4.738B	$3.727B	$3.278B
YoY Change	27.13%	15.46%	6.57%
Deferred Revenue
YoY Change
Short-Term Debt	$16.00M	$11.00M	$1.229B
YoY Change	45.45%	-52.17%	6045.0%
Long-Term Debt Due	$6.000M	$6.000M	$10.00M
YoY Change	0.0%	0.0%	-77.27%
Total Short-Term Liabilities	$7.281B	$5.783B	$6.750B
YoY Change	25.9%	9.71%	29.19%
LONG-TERM LIABILITIES
Long-Term Debt	$3.465B	$3.469B	$3.472B
YoY Change	-0.12%	-0.09%	-0.03%
Other Long-Term Liabilities	$2.000M	$117.0M	$125.0M
YoY Change	-98.29%	1362.5%	861.54%
Total Long-Term Liabilities	$3.465B	$3.469B	$3.472B
YoY Change	-0.12%	-0.09%	-0.03%
TOTAL LIABILITIES
Total Short-Term Liabilities	$7.281B	$5.783B	$6.750B
Total Long-Term Liabilities	$3.465B	$3.469B	$3.472B
Total Liabilities	$10.75B	$9.252B	$10.22B
YoY Change	16.15%	5.82%	17.52%
SHAREHOLDERS EQUITY
Retained Earnings	$1.851B	$1.078B	$3.301B
YoY Change	71.71%	-73.68%	-11.38%
Common Stock	$6.910B	$9.325B	$9.041B
YoY Change	-25.9%	11.08%	10.31%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$8.961B	$9.782B	$11.76B
YoY Change
Total Liabilities & Shareholders Equity	$22.92B	$22.55B	$24.06B
YoY Change	1.64%	-2.59%	6.19%

Cashflow Statement

Concept	2019 Q1	2018 Q1	2017 Q4
OPERATING ACTIVITIES
Net Income	$1.101B	-$921.0M	$767.0M
YoY Change	-219.54%	-180.72%	-8.91%
Depreciation, Depletion And Amortization	$177.0M	$198.0M	$191.0M
YoY Change	-10.61%	16.47%	7.3%
Cash From Operating Activities	$1.068B	$787.0M	$1.323B
YoY Change	35.71%	-29.35%	34.73%
INVESTING ACTIVITIES
Capital Expenditures	-$216.0M	-$230.0M	-$228.0M
YoY Change	-6.09%	-12.88%	-2.98%
Acquisitions
YoY Change
Other Investing Activities	$340.0M	$982.0M	$14.00M
YoY Change	-65.38%	-313.48%	-97.44%
Cash From Investing Activities	$124.0M	$752.0M	-$214.0M
YoY Change	-83.51%	-203.87%	-168.59%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-977.0M	-2.234B	-216.0M
YoY Change	-56.27%	211.58%	-149.54%
NET CHANGE
Cash From Operating Activities	1.068B	787.0M	1.323B
Cash From Investing Activities	124.0M	752.0M	-214.0M
Cash From Financing Activities	-977.0M	-2.234B	-216.0M
Net Change In Cash	215.0M	-695.0M	893.0M
YoY Change	-130.94%	112.54%	-48.38%
FREE CASH FLOW
Cash From Operating Activities	$1.068B	$787.0M	$1.323B
Capital Expenditures	-$216.0M	-$230.0M	-$228.0M
Free Cash Flow	$1.284B	$1.017B	$1.551B
YoY Change	26.25%	-26.2%	27.44%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.92
CY2017	nke	Fair Value Transfers Between Fair Value Hierarchy Levels FairValueTransfersBetweenFairValueHierarchyLevels	0	USD
	dei	Amendment Flag AmendmentFlag	false
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--05-31
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q3
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2019
	dei	Document Period End Date DocumentPeriodEndDate	2019-02-28
	dei	Document Type DocumentType	10-Q
	dei	Entity Central Index Key EntityCentralIndexKey	0000320187
	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
	dei	Entity Registrant Name EntityRegistrantName	NIKE INC
	dei	Entity Small Business EntitySmallBusiness	false
	dei	Trading Symbol TradingSymbol	NKE
CY2018Q2	nke	Accrued Compensation And Benefits Excluding Taxes Current AccruedCompensationAndBenefitsExcludingTaxesCurrent	897000000	USD
CY2019Q1	nke	Accrued Compensation And Benefits Excluding Taxes Current AccruedCompensationAndBenefitsExcludingTaxesCurrent	1043000000	USD
CY2018Q2	nke	Accrued Endorsement Liabilities Current AccruedEndorsementLiabilitiesCurrent	425000000	USD
CY2019Q1	nke	Accrued Endorsement Liabilities Current AccruedEndorsementLiabilitiesCurrent	394000000	USD
CY2018Q2	nke	Accrued Import And Logistics Costs Current AccruedImportAndLogisticsCostsCurrent	268000000	USD
CY2019Q1	nke	Accrued Import And Logistics Costs Current AccruedImportAndLogisticsCostsCurrent	295000000	USD
CY2018Q2	nke	Allowance For Sales Discounts And Returns AllowanceForSalesDiscountsAndReturns	20000000	USD
CY2019Q1	nke	Allowance For Sales Discounts And Returns AllowanceForSalesDiscountsAndReturns	1244000000	USD
	nke	Amortization And Other AmortizationAndOther	23000000	USD
	nke	Amortization And Other AmortizationAndOther	9000000	USD
CY2018Q1	nke	Earnings Before Interest And Taxes EarningsBeforeInterestAndTaxes	1172000000	USD
	nke	Earnings Before Interest And Taxes EarningsBeforeInterestAndTaxes	3152000000	USD
	nke	Fair Value Transfers Between Fair Value Hierarchy Levels FairValueTransfersBetweenFairValueHierarchyLevels	0	USD
CY2019Q1	nke	Earnings Before Interest And Taxes EarningsBeforeInterestAndTaxes	1303000000	USD
	nke	Earnings Before Interest And Taxes EarningsBeforeInterestAndTaxes	3595000000	USD
CY2018Q1	nke	Issuance Of Shares To Employees Value Net Of Shares Withheld For Taxes IssuanceOfSharesToEmployeesValueNetOfSharesWithheldForTaxes	-1000000	USD
	nke	Issuance Of Shares To Employees Value Net Of Shares Withheld For Taxes IssuanceOfSharesToEmployeesValueNetOfSharesWithheldForTaxes	16000000	USD
CY2019Q1	nke	Issuance Of Shares To Employees Value Net Of Shares Withheld For Taxes IssuanceOfSharesToEmployeesValueNetOfSharesWithheldForTaxes	-8000000	USD
	nke	Issuance Of Shares To Employees Value Net Of Shares Withheld For Taxes IssuanceOfSharesToEmployeesValueNetOfSharesWithheldForTaxes	58000000	USD
CY2018Q1	nke	Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Other Net Of Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnOtherNetOfTax	-2000000	USD
	nke	Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Other Net Of Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnOtherNetOfTax	-1000000	USD
CY2019Q1	nke	Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Other Net Of Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnOtherNetOfTax	0	USD
	nke	Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Other Net Of Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnOtherNetOfTax	3000000	USD
CY2018Q1	nke	Tax Cuts And Jobs Act Reclassification From Aoci To Retained Earnings Tax Effect TaxCutsAndJobsActReclassificationFromAOCIToRetainedEarningsTaxEffect	17000000	USD
	nke	Tax Cuts And Jobs Act Reclassification From Aoci To Retained Earnings Tax Effect TaxCutsAndJobsActReclassificationFromAOCIToRetainedEarningsTaxEffect	17000000	USD
CY2018Q2	us-gaap	Accounts Payable Current AccountsPayableCurrent	2279000000	USD
CY2019Q1	us-gaap	Accounts Payable Current AccountsPayableCurrent	2307000000	USD
CY2018Q2	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	3498000000	USD
CY2019Q1	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	4549000000	USD
CY2018Q2	us-gaap	Accrual For Taxes Other Than Income Taxes Current AccrualForTaxesOtherThanIncomeTaxesCurrent	224000000	USD
CY2019Q1	us-gaap	Accrual For Taxes Other Than Income Taxes Current AccrualForTaxesOtherThanIncomeTaxesCurrent	228000000	USD
CY2018Q2	us-gaap	Accrued Income Taxes Current AccruedIncomeTaxesCurrent	150000000	USD
CY2019Q1	us-gaap	Accrued Income Taxes Current AccruedIncomeTaxesCurrent	214000000	USD
CY2018Q2	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	3269000000	USD
CY2019Q1	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	4738000000	USD
CY2018Q2	us-gaap	Accrued Marketing Costs Current AccruedMarketingCostsCurrent	140000000	USD
CY2019Q1	us-gaap	Accrued Marketing Costs Current AccruedMarketingCostsCurrent	161000000	USD
CY2018Q2	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-92000000	USD
CY2019Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	197000000	USD
CY2018Q2	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	6384000000	USD
CY2019Q1	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	6910000000	USD
CY2018Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	55000000	USD
	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	158000000	USD
CY2019Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	93000000	USD
	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	226000000	USD
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	42900000	shares
CY2019Q1	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	18700000	shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	19100000	shares
CY2018Q2	us-gaap	Assets Assets	22536000000	USD
CY2019Q1	us-gaap	Assets Assets	22921000000	USD
CY2018Q2	us-gaap	Assets Current AssetsCurrent	15134000000	USD
CY2019Q1	us-gaap	Assets Current AssetsCurrent	15796000000	USD
CY2018Q2	us-gaap	Available For Sale Securities Current AvailableForSaleSecuritiesCurrent	996000000	USD
CY2019Q1	us-gaap	Available For Sale Securities Current AvailableForSaleSecuritiesCurrent	351000000	USD
	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	190000000	USD
	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	171000000	USD
CY2017Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	3808000000	USD
CY2018Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	3662000000	USD
CY2018Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	4249000000	USD
CY2019Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	3695000000	USD
	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-146000000	USD
	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-554000000	USD
CY2018Q2	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2019Q1	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2018Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.20
	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.58
CY2019Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.22
	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.64
CY2018Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-975000000	USD
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	368000000	USD
CY2019Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	1089000000	USD
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	3329000000	USD
CY2018Q1	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	5046000000	USD
	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	15030000000	USD
CY2019Q1	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	5272000000	USD
	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	16092000000	USD
CY2019Q1	us-gaap	Decrease In Unrecognized Tax Benefits Is Reasonably Possible DecreaseInUnrecognizedTaxBenefitsIsReasonablyPossible	210000000	USD
	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	564000000	USD
	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	67000000	USD
CY2018Q2	us-gaap	Deferred Income Taxes And Other Assets Noncurrent DeferredIncomeTaxesAndOtherAssetsNoncurrent	2509000000	USD
CY2019Q1	us-gaap	Deferred Income Taxes And Other Assets Noncurrent DeferredIncomeTaxesAndOtherAssetsNoncurrent	2000000000	USD
CY2018Q2	us-gaap	Deferred Income Taxes And Other Liabilities Noncurrent DeferredIncomeTaxesAndOtherLiabilitiesNoncurrent	3216000000	USD
CY2019Q1	us-gaap	Deferred Income Taxes And Other Liabilities Noncurrent DeferredIncomeTaxesAndOtherLiabilitiesNoncurrent	3214000000	USD
	us-gaap	Depreciation Depreciation	551000000	USD
	us-gaap	Depreciation Depreciation	527000000	USD
CY2018Q2	us-gaap	Derivative Asset Fair Value Of Collateral DerivativeAssetFairValueOfCollateral	23000000	USD
CY2019Q1	us-gaap	Derivative Asset Fair Value Of Collateral DerivativeAssetFairValueOfCollateral	137000000	USD
CY2018Q2	us-gaap	Derivative Fair Value Of Derivative Asset DerivativeFairValueOfDerivativeAsset	400000000	USD
CY2019Q1	us-gaap	Derivative Fair Value Of Derivative Asset DerivativeFairValueOfDerivativeAsset	488000000	USD
CY2018Q2	us-gaap	Derivative Fair Value Of Derivative Liability DerivativeFairValueOfDerivativeLiability	190000000	USD
CY2019Q1	us-gaap	Derivative Fair Value Of Derivative Liability DerivativeFairValueOfDerivativeLiability	89000000	USD
CY2018Q2	us-gaap	Derivative Liabilities Current DerivativeLiabilitiesCurrent	184000000	USD
CY2019Q1	us-gaap	Derivative Liabilities Current DerivativeLiabilitiesCurrent	87000000	USD
CY2019Q1	us-gaap	Derivative Net Liability Position Aggregate Fair Value DerivativeNetLiabilityPositionAggregateFairValue	1000000	USD
CY2018Q1	us-gaap	Dividends Dividends	324000000	USD
	us-gaap	Dividends Dividends	944000000	USD
CY2019Q1	us-gaap	Dividends Dividends	347000000	USD
	us-gaap	Dividends Dividends	1013000000	USD
CY2018Q2	us-gaap	Dividends Payable Current DividendsPayableCurrent	320000000	USD
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CY2018Q1	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	324000000	USD
CY2019Q1	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	347000000	USD
CY2018Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.57
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.49
CY2019Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.70
CY2018Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.57
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.48
CY2019Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.68
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.87
	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents	91000000	USD
	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents	-59000000	USD
	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.744
	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.146
CY2019Q1	us-gaap	Foreign Currency Cash Flow Hedge Gain Loss To Be Reclassified During Next12 Months ForeignCurrencyCashFlowHedgeGainLossToBeReclassifiedDuringNext12Months	287000000	USD
	us-gaap	Foreign Currency Transaction Gain Loss Unrealized ForeignCurrencyTransactionGainLossUnrealized	130000000	USD
	us-gaap	Foreign Currency Transaction Gain Loss Unrealized ForeignCurrencyTransactionGainLossUnrealized	-218000000	USD
CY2018Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	1905000000	USD
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	5797000000	USD
CY2019Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	2226000000	USD
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	6557000000	USD
CY2018Q2	us-gaap	Goodwill Goodwill	154000000	USD
CY2019Q1	us-gaap	Goodwill Goodwill	154000000	USD
CY2018Q1	us-gaap	Gross Profit GrossProfit	3938000000	USD
	us-gaap	Gross Profit GrossProfit	11578000000	USD
CY2019Q1	us-gaap	Gross Profit GrossProfit	4339000000	USD
	us-gaap	Gross Profit GrossProfit	12841000000	USD
CY2018Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	1159000000	USD
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	3110000000	USD
CY2019Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	1291000000	USD
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	3558000000	USD
CY2019Q1	us-gaap	Income Tax Examination Increase Decrease In Liability From Prior Year IncomeTaxExaminationIncreaseDecreaseInLiabilityFromPriorYear	12000000	USD
CY2018Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	2080000000	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	2314000000	USD
CY2019Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	190000000	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	518000000	USD
	us-gaap	Increase Decrease In Accounts Payable And Other Operating Liabilities IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities	1439000000	USD
	us-gaap	Increase Decrease In Accounts Payable And Other Operating Liabilities IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities	659000000	USD
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-3000000	USD
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	460000000	USD
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	245000000	USD
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	226000000	USD
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	474000000	USD
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	167000000	USD
CY2018Q1	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	0	shares
	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	35800000	shares
CY2019Q1	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	36800000	shares
	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	38700000	shares
CY2018Q2	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	285000000	USD
CY2019Q1	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	283000000	USD
CY2018Q1	us-gaap	Interest Income Expense Nonoperating Net InterestIncomeExpenseNonoperatingNet	-13000000	USD
	us-gaap	Interest Income Expense Nonoperating Net InterestIncomeExpenseNonoperatingNet	-42000000	USD
CY2019Q1	us-gaap	Interest Income Expense Nonoperating Net InterestIncomeExpenseNonoperatingNet	-12000000	USD
	us-gaap	Interest Income Expense Nonoperating Net InterestIncomeExpenseNonoperatingNet	-37000000	USD
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CY2019Q1	us-gaap	Inventory Finished Goods Net Of Reserves InventoryFinishedGoodsNetOfReserves	5415000000	USD
CY2018Q1	us-gaap	Investment Income Interest InvestmentIncomeInterest	12000000	USD
	us-gaap	Investment Income Interest InvestmentIncomeInterest	36000000	USD
CY2019Q1	us-gaap	Investment Income Interest InvestmentIncomeInterest	20000000	USD
	us-gaap	Investment Income Interest InvestmentIncomeInterest	60000000	USD
CY2019Q1	us-gaap	Letters Of Credit Outstanding Amount LettersOfCreditOutstandingAmount	172000000	USD
CY2018Q2	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	22536000000	USD
CY2019Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	22921000000	USD
CY2018Q2	us-gaap	Liabilities Current LiabilitiesCurrent	6040000000	USD
CY2019Q1	us-gaap	Liabilities Current LiabilitiesCurrent	7281000000	USD
CY2018Q2	us-gaap	Long Term Debt Current LongTermDebtCurrent	6000000	USD
CY2019Q1	us-gaap	Long Term Debt Current LongTermDebtCurrent	6000000	USD
CY2018Q2	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	3468000000	USD
CY2019Q1	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	3465000000	USD
CY2018Q1	us-gaap	Marketing And Advertising Expense MarketingAndAdvertisingExpense	862000000	USD
	us-gaap	Marketing And Advertising Expense MarketingAndAdvertisingExpense	2594000000	USD
CY2019Q1	us-gaap	Marketing And Advertising Expense MarketingAndAdvertisingExpense	865000000	USD
	us-gaap	Marketing And Advertising Expense MarketingAndAdvertisingExpense	2739000000	USD
	us-gaap	Maximum Remaining Maturity Of Foreign Currency Derivatives1 MaximumRemainingMaturityOfForeignCurrencyDerivatives1	P15M
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	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-4267000000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	526000000	USD
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	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	3893000000	USD
CY2018Q1	us-gaap	Net Income Loss NetIncomeLoss	-921000000	USD
	us-gaap	Net Income Loss NetIncomeLoss	796000000	USD
CY2019Q1	us-gaap	Net Income Loss NetIncomeLoss	1101000000	USD
	us-gaap	Net Income Loss NetIncomeLoss	3040000000	USD
CY2018Q2	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	768000000	USD
CY2019Q1	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	803000000	USD
CY2018Q1	us-gaap	Other Comprehensive Income Loss Before Reclassifications Net Of Tax OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax	-120000000	USD
	us-gaap	Other Comprehensive Income Loss Before Reclassifications Net Of Tax OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax	-493000000	USD
CY2019Q1	us-gaap	Other Comprehensive Income Loss Before Reclassifications Net Of Tax OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax	33000000	USD
	us-gaap	Other Comprehensive Income Loss Before Reclassifications Net Of Tax OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax	305000000	USD
CY2018Q1	us-gaap	Other Comprehensive Income Loss Before Reclassifications Tax OtherComprehensiveIncomeLossBeforeReclassificationsTax	-2000000	USD
	us-gaap	Other Comprehensive Income Loss Before Reclassifications Tax OtherComprehensiveIncomeLossBeforeReclassificationsTax	22000000	USD
CY2019Q1	us-gaap	Other Comprehensive Income Loss Before Reclassifications Tax OtherComprehensiveIncomeLossBeforeReclassificationsTax	1000000	USD
	us-gaap	Other Comprehensive Income Loss Before Reclassifications Tax OtherComprehensiveIncomeLossBeforeReclassificationsTax	5000000	USD
CY2018Q1	us-gaap	Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax	-107000000	USD
	us-gaap	Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax	-494000000	USD
CY2019Q1	us-gaap	Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax	-91000000	USD
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	50000000	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	728000000	USD
	us-gaap	Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax	343000000	USD
CY2018Q1	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	51000000	USD
	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	65000000	USD
CY2019Q1	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	79000000	USD
	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	-51000000	USD
CY2018Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-54000000	USD
	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-428000000	USD
CY2019Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-12000000	USD
	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	289000000	USD
CY2018Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-54000000	USD
	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-428000000	USD
CY2019Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-12000000	USD
	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	289000000	USD
CY2018Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	1000000	USD
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-35000000	USD
CY2019Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	55000000	USD
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	2694000000	USD
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	3405000000	USD
	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	920000000	USD
	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	986000000	USD
	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	54000000	USD
	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	17000000	USD
	us-gaap	Payments To Acquire Available For Sale Securities Debt PaymentsToAcquireAvailableForSaleSecuritiesDebt	3644000000	USD
	us-gaap	Payments To Acquire Available For Sale Securities Debt PaymentsToAcquireAvailableForSaleSecuritiesDebt	2384000000	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	846000000	USD
CY2018Q1	us-gaap	Preferred Stock Dividends Per Share Declared PreferredStockDividendsPerShareDeclared	0.00
	us-gaap	Preferred Stock Dividends Per Share Declared PreferredStockDividendsPerShareDeclared	0.10
CY2019Q1	us-gaap	Preferred Stock Dividends Per Share Declared PreferredStockDividendsPerShareDeclared	0.00
	us-gaap	Preferred Stock Dividends Per Share Declared PreferredStockDividendsPerShareDeclared	0.10
CY2018Q2	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	1130000000	USD
CY2019Q1	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	1786000000	USD
	us-gaap	Proceeds From Issuance Or Sale Of Equity ProceedsFromIssuanceOrSaleOfEquity	554000000	USD
	us-gaap	Proceeds From Issuance Or Sale Of Equity ProceedsFromIssuanceOrSaleOfEquity	487000000	USD
	us-gaap	Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities	3101000000	USD
	us-gaap	Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities	1613000000	USD
	us-gaap	Proceeds From Repayments Of Notes Payable ProceedsFromRepaymentsOfNotesPayable	-314000000	USD
	us-gaap	Proceeds From Repayments Of Notes Payable ProceedsFromRepaymentsOfNotesPayable	-320000000	USD
	us-gaap	Proceeds From Sale Of Available For Sale Securities Debt ProceedsFromSaleOfAvailableForSaleSecuritiesDebt	1797000000	USD
	us-gaap	Proceeds From Sale Of Available For Sale Securities Debt ProceedsFromSaleOfAvailableForSaleSecuritiesDebt	1491000000	USD
	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	0	USD
	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	5000000	USD
CY2018Q2	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	4454000000	USD
CY2019Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	4688000000	USD
CY2018Q1	us-gaap	Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax	-66000000	USD
	us-gaap	Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax	-65000000	USD
CY2019Q1	us-gaap	Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax	45000000	USD
	us-gaap	Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax	16000000	USD
CY2018Q1	us-gaap	Reclassification From Aoci Current Period Tax ReclassificationFromAociCurrentPeriodTax	-2000000	USD
	us-gaap	Reclassification From Aoci Current Period Tax ReclassificationFromAociCurrentPeriodTax	1000000	USD
CY2019Q1	us-gaap	Reclassification From Aoci Current Period Tax ReclassificationFromAociCurrentPeriodTax	-3000000	USD
	us-gaap	Reclassification From Aoci Current Period Tax ReclassificationFromAociCurrentPeriodTax	-5000000	USD
	us-gaap	Repayments Of Long Term Capital Lease Obligations RepaymentsOfLongTermCapitalLeaseObligations	16000000	USD
	us-gaap	Repayments Of Long Term Capital Lease Obligations RepaymentsOfLongTermCapitalLeaseObligations	21000000	USD
	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	4000000	USD
	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	5000000	USD
CY2018Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	3517000000	USD
CY2019Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	1851000000	USD
CY2018Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	8984000000	USD
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	26608000000	USD
CY2019Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	9611000000	USD
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	28933000000	USD
CY2018Q1	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	2767000000	USD
	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	8391000000	USD
CY2019Q1	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	3091000000	USD
	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	9296000000	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	158000000	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	226000000	USD
CY2018Q2	us-gaap	Short Term Borrowings ShortTermBorrowings	336000000	USD
CY2019Q1	us-gaap	Short Term Borrowings ShortTermBorrowings	16000000	USD
	us-gaap	Stock Issued During Period Value Conversion Of Convertible Securities StockIssuedDuringPeriodValueConversionOfConvertibleSecurities	0	USD
CY2018Q1	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	231000000	USD
	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	490000000	USD
CY2019Q1	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	159000000	USD
	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	419000000	USD
CY2018Q1	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	962000000	USD
	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	2713000000	USD
CY2019Q1	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	754000000	USD
	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	3386000000	USD
CY2017Q2	us-gaap	Stockholders Equity StockholdersEquity	12407000000	USD
CY2017Q4	us-gaap	Stockholders Equity StockholdersEquity	11758000000	USD
CY2018Q1	us-gaap	Stockholders Equity StockholdersEquity	9782000000	USD
CY2018Q2	us-gaap	Stockholders Equity StockholdersEquity	9812000000	USD
CY2018Q4	us-gaap	Stockholders Equity StockholdersEquity	8729000000	USD
CY2019Q1	us-gaap	Stockholders Equity StockholdersEquity	8961000000	USD
CY2018Q2	us-gaap	Temporary Equity Carrying Amount Attributable To Parent TemporaryEquityCarryingAmountAttributableToParent	0	USD
CY2019Q1	us-gaap	Temporary Equity Carrying Amount Attributable To Parent TemporaryEquityCarryingAmountAttributableToParent	0	USD
CY2018Q2	us-gaap	Unrecognized Tax Benefits UnrecognizedTaxBenefits	698000000	USD
CY2019Q1	us-gaap	Unrecognized Tax Benefits UnrecognizedTaxBenefits	798000000	USD
CY2018Q2	us-gaap	Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued	157000000	USD
CY2019Q1	us-gaap	Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued	169000000	USD
CY2019Q1	us-gaap	Unrecognized Tax Benefits That Would Impact Effective Tax Rate UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate	537000000	USD
CY2018Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	1623500000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	1665700000	shares
CY2019Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	1609600000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	1621500000	shares
CY2018Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	1623500000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	1629900000	shares
CY2019Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	1572800000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	1582800000	shares
	us-gaap	Derivatives Embedded Derivatives DerivativesEmbeddedDerivatives	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:0px;padding-top:12px;text-align:justify;padding-left:0px;text-indent:0px;font-size:12pt;"><font style="font-family:Arial;font-size:12pt;color:#fd4703;font-style:normal;font-weight:bold;text-decoration:none;">Embedded Derivatives</font></div><div style="line-height:120%;padding-bottom:0px;padding-top:8px;text-align:justify;padding-left:0px;text-indent:0px;font-size:8pt;"><font style="font-family:Arial;font-size:8pt;color:#000000;">As part of the foreign currency adjustment program described above, an embedded derivative contract is created upon the factory’s acceptance of NIKE’s purchase order for currencies within the factory currency exposure indices that are neither the U.S. Dollar nor the local or functional currency of the factory. </font><font style="font-family:Arial;font-size:8pt;color:#000000;">In addition, embedded derivative contracts are created when the Company enters into certain other contractual agreements which have payments that are indexed to currencies that are not the functional currency of either substantial party to the contracts. </font><font style="font-family:Arial;font-size:8pt;color:#000000;">Embedded derivative contracts are treated as foreign currency forward contracts that are bifurcated from the related contract and recorded at fair value as a derivative asset or liability on the Unaudited Condensed Consolidated Balance Sheets with their corresponding change in fair value recognized in </font><font style="font-family:Arial;font-size:8pt;color:#000000;font-style:italic;">Other (income) expense, net</font><font style="font-family:Arial;font-size:8pt;color:#000000;">, through the date the foreign currency fluctuations cease to exist.</font></div></div>
	us-gaap	Derivatives Methods Of Accounting Hedging Derivatives DerivativesMethodsOfAccountingHedgingDerivatives	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:0px;padding-top:8px;text-align:justify;padding-left:0px;text-indent:0px;font-size:8pt;"><font style="font-family:Arial;font-size:8pt;color:#000000;">The Company elects to record the gross assets and liabilities of its derivative financial instruments on the Unaudited Condensed Consolidated Balance Sheets. The Company’s derivative financial instruments are subject to master netting arrangements that allow for the offset of assets and liabilities in the event of default or early termination of the contract. Any amounts of cash collateral received related to these instruments associated with the Company</font><font style="font-family:Arial;font-size:8pt;color:#000000;">’</font><font style="font-family:Arial;font-size:8pt;color:#000000;">s credit-related contingent features are recorded in </font><font style="font-family:Arial;font-size:8pt;color:#000000;font-style:italic;">Cash and equivalents</font><font style="font-family:Arial;font-size:8pt;color:#000000;"> and </font><font style="font-family:Arial;font-size:8pt;color:#000000;font-style:italic;">Accrued liabilities</font><font style="font-family:Arial;font-size:8pt;color:#000000;">, the latter of which would further offset against the Company’s derivative asset balance. Any amounts of cash collateral posted related to these instruments associated with the Company</font><font style="font-family:Arial;font-size:8pt;color:#000000;">’</font><font style="font-family:Arial;font-size:8pt;color:#000000;">s credit-related contingent features are recorded in </font><font style="font-family:Arial;font-size:8pt;color:#000000;font-style:italic;">Prepaid expenses and other current assets</font><font style="font-family:Arial;font-size:8pt;color:#000000;">, which would further offset against the Company’s derivative liability balance. Cash collateral received or posted related to the Company</font><font style="font-family:Arial;font-size:8pt;color:#000000;">’</font><font style="font-family:Arial;font-size:8pt;color:#000000;">s credit-related contingent features is presented in the </font><font style="font-family:Arial;font-size:8pt;color:#000000;font-style:italic;">Cash provided by operations</font><font style="font-family:Arial;font-size:8pt;color:#000000;"> component of the Unaudited Condensed Consolidated Statements of Cash Flows. Any amounts of non-cash collateral received, such as securities, are not recorded on the Unaudited Condensed Consolidated Balance Sheets pursuant to U.S. GAAP. For further information related to credit risk, refer to </font><font style="font-family:Arial;font-size:8pt;color:#000000;">Note 9 — Risk Management and Derivatives</font><font style="font-family:Arial;font-size:8pt;color:#000000;">.</font></div></div><div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:0px;padding-top:12px;text-align:justify;padding-left:0px;text-indent:0px;font-size:12pt;"><font style="font-family:Arial;font-size:12pt;color:#fd4703;font-style:normal;font-weight:bold;text-decoration:none;">Cash Flow Hedges</font></div><div style="line-height:120%;padding-bottom:0px;padding-top:8px;text-align:justify;padding-left:0px;text-indent:0px;font-size:8pt;"><font style="font-family:Arial;font-size:8pt;color:#000000;">All changes in fair value of derivatives designated as cash flow hedges are recorded in </font><font style="font-family:Arial;font-size:8pt;color:#000000;font-style:italic;">Accumulated other comprehensive income (loss)</font><font style="font-family:Arial;font-size:8pt;color:#000000;"> until </font><font style="font-family:Arial;font-size:8pt;color:#000000;font-style:italic;">Net income (loss)</font><font style="font-family:Arial;font-size:8pt;color:#000000;"> is affected by the variability of cash flows of the hedged transaction. Effective hedge results are classified in the Unaudited Condensed Consolidated Statements of Income in the same manner as the underlying exposure. Derivative instruments designated as cash flow hedges must be discontinued when it is no longer probable the forecasted hedged transaction will occur in the initially identified time period. The gains and losses associated with discontinued derivative instruments in </font><font style="font-family:Arial;font-size:8pt;color:#000000;font-style:italic;">Accumulated other comprehensive income (loss)</font><font style="font-family:Arial;font-size:8pt;color:#000000;"> will be recognized immediately in </font><font style="font-family:Arial;font-size:8pt;color:#000000;font-style:italic;">Other (income) expense, net</font><font style="font-family:Arial;font-size:8pt;color:#000000;">, if it is probable the forecasted hedged transaction will not occur by the end of the initially identified time period or within an additional </font><font style="font-family:Arial;font-size:8pt;color:#000000;">two</font><font style="font-family:Arial;font-size:8pt;color:#000000;">-month period thereafter. In all situations in which hedge accounting is discontinued and the derivative remains outstanding, the Company will account for the derivative as an undesignated instrument as discussed below.</font></div><div style="line-height:120%;padding-bottom:0px;padding-top:8px;text-align:justify;padding-left:0px;text-indent:0px;font-size:8pt;"><font style="font-family:Arial;font-size:8pt;color:#000000;">The purpose of the Company’s foreign exchange risk management program is to lessen both the positive and negative effects of currency fluctuations on the Company’s consolidated results of operations, financial position and cash flows. Foreign currency exposures the Company may elect to hedge in this manner include product cost exposures, non-functional currency denominated external and intercompany revenues, demand creation expenses, investments in U.S. Dollar-denominated available-for-sale debt securities and certain other intercompany transactions.</font></div><div style="line-height:120%;padding-bottom:0px;padding-top:8px;text-align:justify;padding-left:0px;text-indent:0px;font-size:8pt;"><font style="font-family:Arial;font-size:8pt;color:#000000;">Product cost exposures are primarily generated through non-functional currency denominated product purchases and the foreign currency adjustment program described below. NIKE entities primarily purchase product in two ways: (1) Certain NIKE entities purchase product from the NIKE Trading Company (NTC), a wholly owned sourcing hub that buys NIKE branded product from third party factories, predominantly in U.S. Dollars. The NTC, whose functional currency is the U.S. Dollar, then sells the product to NIKE entities in their respective functional currencies. NTC sales to a NIKE entity with a different functional currency result in a foreign currency exposure for the NTC. (2) Other NIKE entities purchase product directly from third party factories in U.S. Dollars. These purchases generate a foreign currency exposure for those NIKE entities with a functional currency other than the U.S. Dollar.</font></div><div style="line-height:120%;padding-bottom:0px;padding-top:8px;text-align:justify;padding-left:0px;text-indent:0px;font-size:8pt;"><font style="font-family:Arial;font-size:8pt;color:#000000;">The Company operates a foreign currency adjustment program with certain factories. The program is designed to more effectively manage foreign currency risk by assuming certain of the factories’ foreign currency exposures, some of which are natural offsets to the Company’s existing foreign currency exposures. Under this program, the Company’s payments to these factories are adjusted for rate fluctuations in the basket of currencies (“factory currency exposure index”) in which the labor, materials and overhead costs incurred by the factories in the production of NIKE branded products (“factory input costs”) are denominated. For the portion of the indices denominated in the local or functional currency of the factory, the Company may elect to place formally designated cash flow hedges. For all currencies within the indices, excluding the U.S. Dollar and the local or functional currency of the factory, an embedded derivative contract is created upon the factory’s acceptance of NIKE’s purchase order. Embedded derivative contracts are separated from the related purchase order, as further described within the Embedded Derivatives section below.</font></div><div style="line-height:120%;padding-bottom:0px;padding-top:8px;text-align:justify;padding-left:0px;text-indent:0px;font-size:8pt;"><font style="font-family:Arial;font-size:8pt;color:#000000;">The Company’s policy permits the utilization of derivatives to reduce its foreign currency exposures where internal netting or other strategies cannot be effectively employed. Typically, the Company may enter into hedge contracts starting up to </font><font style="font-family:Arial;font-size:8pt;color:#000000;">12</font><font style="font-family:Arial;font-size:8pt;color:#000000;"> to </font><font style="font-family:Arial;font-size:8pt;color:#000000;">24</font><font style="font-family:Arial;font-size:8pt;color:#000000;"> months in advance of the forecasted transaction and may place incremental hedges up to </font><font style="font-family:Arial;font-size:8pt;color:#000000;">100%</font><font style="font-family:Arial;font-size:8pt;color:#000000;"> of the exposure by the time the forecasted transaction occurs.</font></div></div><div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:0px;padding-top:12px;text-align:justify;padding-left:0px;text-indent:0px;font-size:12pt;"><font style="font-family:Arial;font-size:12pt;color:#fd4703;font-style:normal;font-weight:bold;text-decoration:none;">Fair Value Hedges</font></div><div style="line-height:120%;padding-bottom:0px;padding-top:8px;text-align:justify;padding-left:0px;text-indent:0px;font-size:8pt;"><font style="font-family:Arial;font-size:8pt;color:#000000;">The Company has, in the past, been exposed to the risk of changes in the fair value of certain fixed-rate debt attributable to changes in interest rates. Derivatives used by the Company to hedge this risk are receive-fixed, pay-variable interest rate swaps. All interest rate swaps designated as fair value hedges of the related long-term debt meet the shortcut method requirements under U.S. GAAP. Accordingly, changes in the fair values of the interest rate swaps are considered to exactly offset changes in the fair value of the underlying long-term debt. </font></div></div><div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:0px;padding-top:12px;text-align:justify;padding-left:0px;text-indent:0px;font-size:12pt;"><font style="font-family:Arial;font-size:12pt;color:#fd4703;font-style:normal;font-weight:bold;text-decoration:none;">Net Investment Hedges</font></div><div style="line-height:120%;padding-bottom:0px;padding-top:8px;text-align:justify;padding-left:0px;text-indent:0px;font-size:8pt;"><font style="font-family:Arial;font-size:8pt;color:#000000;">The Company has, in the past, hedged and may, in the future, hedge the risk of variability in foreign currency-denominated net investments in wholly-owned international operations. All changes in fair value of the derivatives designated as net investment hedges, are reported in </font><font style="font-family:Arial;font-size:8pt;color:#000000;font-style:italic;">Accumulated other comprehensive income (loss)</font><font style="font-family:Arial;font-size:8pt;color:#000000;"> along with the foreign currency translation adjustments on those investments. </font></div></div>
	us-gaap	Derivatives Methods Of Accounting Nonhedging Derivatives DerivativesMethodsOfAccountingNonhedgingDerivatives	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:0px;padding-top:12px;text-align:justify;padding-left:0px;text-indent:0px;font-size:12pt;"><font style="font-family:Arial;font-size:12pt;color:#fd4703;font-style:normal;font-weight:bold;text-decoration:none;">Undesignated Derivative Instruments</font></div><div style="line-height:120%;padding-bottom:0px;padding-top:8px;text-align:justify;padding-left:0px;text-indent:0px;font-size:8pt;"><font style="font-family:Arial;font-size:8pt;color:#000000;">The Company may elect to enter into foreign exchange forwards to mitigate the change in fair value of specific assets and liabilities on the Unaudited Condensed Consolidated Balance Sheets and/or embedded derivative contracts. These undesignated instruments are recorded at fair value as a derivative asset or liability on the Unaudited Condensed Consolidated Balance Sheets with their corresponding change in fair value recognized in </font><font style="font-family:Arial;font-size:8pt;color:#000000;font-style:italic;">Other (income) expense, net</font><font style="font-family:Arial;font-size:8pt;color:#000000;">, together with the re-measurement gain or loss from the hedged balance sheet position and/or embedded derivative contract.</font></div></div>
	us-gaap	Prior Period Reclassification Adjustment Description PriorPeriodReclassificationAdjustmentDescription	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:0px;padding-top:12px;text-align:justify;padding-left:0px;text-indent:0px;font-size:12pt;"><font style="font-family:Arial;font-size:12pt;color:#fd4703;font-style:normal;font-weight:bold;text-decoration:none;">Reclassifications</font></div><div style="line-height:120%;padding-bottom:0px;padding-top:8px;text-align:justify;padding-left:0px;text-indent:0px;font-size:8pt;"><font style="font-family:Arial;font-size:8pt;color:#000000;">As previously disclosed in the </font><font style="font-family:Arial;font-size:8pt;color:#000000;">Annual Report on Form 10-K for the fiscal year ended May 31, 2018</font><font style="font-family:Arial;font-size:8pt;color:#000000;">, management identified a misstatement related to the historical allocation of repurchases of Class B Common Stock between </font><font style="font-family:Arial;font-size:8pt;color:#000000;font-style:italic;">Capital in excess of stated value</font><font style="font-family:Arial;font-size:8pt;color:#000000;"> and </font><font style="font-family:Arial;font-size:8pt;color:#000000;font-style:italic;">Retained earnings </font><font style="font-family:Arial;font-size:8pt;color:#000000;">within the Shareholders</font><font style="font-family:Arial;font-size:8pt;color:#000000;">’</font><font style="font-family:Arial;font-size:8pt;color:#000000;"> Equity section of the Consolidated Balance Sheets and the Consolidated Statements of Shareholders</font><font style="font-family:Arial;font-size:8pt;color:#000000;">’ Equity</font><font style="font-family:Arial;font-size:8pt;color:#000000;">. The misstatement had no impact on the previously reported Consolidated Statements of Income, Comprehensive Income or Cash Flows. </font></div><div style="line-height:120%;padding-bottom:0px;padding-top:8px;text-align:justify;padding-left:0px;text-indent:0px;font-size:8pt;"><font style="font-family:Arial;font-size:8pt;color:#000000;">The Company assessed the materiality of these misstatements on prior period financial statements in accordance with U.S. Securities and Exchange Commission Staff Accounting Bulletin No. 99, </font><font style="font-family:Arial;font-size:8pt;color:#000000;font-style:italic;">Materiality</font><font style="font-family:Arial;font-size:8pt;color:#000000;">, codified in </font><font style="font-family:Arial;font-size:8pt;color:#000000;">Accounting Standards Codification (ASC)</font><font style="font-family:Arial;font-size:8pt;color:#000000;"> 250, </font><font style="font-family:Arial;font-size:8pt;color:#000000;font-style:italic;">Presentation of Financial Statements</font><font style="font-family:Arial;font-size:8pt;color:#000000;">, and concluded that these misstatements were not material to any prior annual or interim period. As such, the Company has revised the Unaudited Condensed Consolidated Statements of Shareholders</font><font style="font-family:Arial;font-size:8pt;color:#000000;">’</font><font style="font-family:Arial;font-size:8pt;color:#000000;"> Equity for the periods ended </font><font style="font-family:Arial;font-size:8pt;color:#000000;">November 30, 2017</font><font style="font-family:Arial;font-size:8pt;color:#000000;"> and </font><font style="font-family:Arial;font-size:8pt;color:#000000;">February 28, 2018</font><font style="font-family:Arial;font-size:8pt;color:#000000;">, through a reduction to </font><font style="font-family:Arial;font-size:8pt;color:#000000;font-style:italic;">Capital in excess of stated value</font><font style="font-family:Arial;font-size:8pt;color:#000000;"> of </font><font style="font-family:Arial;font-size:8pt;color:#000000;">$3.0 billion</font><font style="font-family:Arial;font-size:8pt;color:#000000;"> and an incremental </font><font style="font-family:Arial;font-size:8pt;color:#000000;">$0.1 billion</font><font style="font-family:Arial;font-size:8pt;color:#000000;">, respectively, and an increase to </font><font style="font-family:Arial;font-size:8pt;color:#000000;font-style:italic;">Retained earnings</font><font style="font-family:Arial;font-size:8pt;color:#000000;"> for the same amount in the respective periods.</font></div></div>
	us-gaap	Revenue Recognition Sales Of Goods RevenueRecognitionSalesOfGoods	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:0px;padding-top:8px;text-align:justify;padding-left:0px;text-indent:0px;font-size:8pt;"><font style="font-family:Arial;font-size:8pt;color:#000000;">In May 2014, the </font><font style="font-family:Arial;font-size:8pt;color:#000000;">Financial Accounting Standards Board (</font><font style="font-family:Arial;font-size:8pt;color:#000000;">FASB) issued Accounting Standards Update (ASU) No. 2014-09, </font><font style="font-family:Arial;font-size:8pt;color:#000000;font-style:italic;">Revenue from Contracts with Customers (Topic 606)</font><font style="font-family:Arial;font-size:8pt;color:#000000;">, that replaces existing revenue recognition guidance. The new standard requires companies to recognize revenue in a way that depicts the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. In addition, Topic 606 req</font><font style="font-family:Arial;font-size:8pt;color:#000000;">uires disclosures of the nature, amount, timing and uncertainty of revenue and cash flows arising from contracts with customers. The Company adopted this standard using a modified retrospective approach in the first quarter of fiscal 2019 with the cumulative effect of initially applying the standard recognized in </font><font style="font-family:Arial;font-size:8pt;color:#000000;font-style:italic;">Retained earnings</font><font style="font-family:Arial;font-size:8pt;color:#000000;"> at June 1, 2018</font><font style="font-family:Arial;font-size:8pt;color:#000000;">.</font><font style="font-family:Arial;font-size:8pt;color:#000000;"> Comparative prior period information has not been adjusted and continues to be reported in accordance with previous revenue recognition guidance in ASC Topic 605 — </font><font style="font-family:Arial;font-size:8pt;color:#000000;font-style:italic;">Revenue Recognition</font><font style="font-family:Arial;font-size:8pt;color:#000000;">. The Company has applied the new standard to all contracts at adoption.</font></div><div style="line-height:120%;padding-bottom:0px;padding-top:8px;text-align:justify;padding-left:0px;text-indent:0px;font-size:8pt;"><font style="font-family:Arial;font-size:8pt;color:#000000;">The Company’s adoption of Topic 606 resulted in a change to the timing of revenue recognition. The satisfaction of the Company’s performance obligation is based upon transfer of control over a product to a customer, which results in sales being recognized upon shipment rather than upon delivery for certain wholesale transactions and substantially all digital commerce sales. A customer is considered to have control once they are able to direct the use and receive substantially all of the benefits of the product. This resulted in a cumulative effect adjustment, which increased </font><font style="font-family:Arial;font-size:8pt;color:#000000;font-style:italic;">Retained earnings</font><font style="font-family:Arial;font-size:8pt;color:#000000;"> by </font><font style="font-family:Arial;font-size:8pt;color:#000000;">$23 million</font><font style="font-family:Arial;font-size:8pt;color:#000000;"> at June 1, 2018. The adoption of Topic 606 did not have a material effect on the Unaudited Condensed Consolidated Statements of Income during the </font><font style="font-family:Arial;font-size:8pt;color:#000000;">three and nine months ended February 28, 2019</font><font style="font-family:Arial;font-size:8pt;color:#000000;">.</font></div><div style="line-height:120%;padding-bottom:0px;padding-top:8px;text-align:justify;padding-left:0px;text-indent:0px;font-size:8pt;"><font style="font-family:Arial;font-size:8pt;color:#000000;">Additionally, the Company’s reserve balances for returns, post-invoice sales discounts and miscellaneous claims for wholesale transactions were previously reported net of the estimated cost of inventory for product returns, and as a reduction to </font><font style="font-family:Arial;font-size:8pt;color:#000000;font-style:italic;">Accounts receivable, net</font><font style="font-family:Arial;font-size:8pt;color:#000000;"> on the Unaudited Condensed Consolidated Balance Sheets</font><font style="font-family:Arial;font-size:8pt;color:#000000;">.</font><font style="font-family:Arial;font-size:8pt;color:#000000;"> Under Topic 606, an asset for the estimated cost of inventory for expected products returns is now recognized separately from the liability for sales-related reserves. This resulted in an increase to </font><font style="font-family:Arial;font-size:8pt;color:#000000;font-style:italic;">Accounts receivable, net</font><font style="font-family:Arial;font-size:8pt;color:#000000;">, an increase in </font><font style="font-family:Arial;font-size:8pt;color:#000000;font-style:italic;">Prepaid expenses and other current assets</font><font style="font-family:Arial;font-size:8pt;color:#000000;"> and an increase in </font><font style="font-family:Arial;font-size:8pt;color:#000000;font-style:italic;">Accrued liabilities</font><font style="font-family:Arial;font-size:8pt;color:#000000;"> on the Unaudited Condensed Consolidated Balance Sheets at </font><font style="font-family:Arial;font-size:8pt;color:#000000;">February 28, 2019</font><font style="font-family:Arial;font-size:8pt;color:#000000;">. Sales-related reserves for the Company’s direct to consumer operations continue to be recognized in </font><font style="font-family:Arial;font-size:8pt;color:#000000;font-style:italic;">Accrued liabilities</font><font style="font-family:Arial;font-size:8pt;color:#000000;">, but are now recorded separately from an asset for the estimated cost of inventory for expected product returns, which is recognized in </font><font style="font-family:Arial;font-size:8pt;color:#000000;font-style:italic;">Prepaid expenses and other current assets</font><font style="font-family:Arial;font-size:8pt;color:#000000;">. The following table presents the related effect of the adoption of Topic 606 on the Unaudited Condensed Consolidated Balance Sheets at </font><font style="font-family:Arial;font-size:8pt;color:#000000;">February 28, 2019</font><font style="font-family:Arial;font-size:8pt;color:#000000;">:</font></div><div style="line-height:120%;padding-bottom:0px;padding-top:8px;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:99.8046875%;border-collapse:collapse;text-align:left;"><tr><td colspan="13" rowspan="1"></td></tr><tr><td style="width:43%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:16%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:16%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:16%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="11" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:Arial;font-size:8pt;font-weight:bold;">As of February 28, 2019</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:Arial;font-size:8pt;font-style:italic;">(In millions)</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:Arial;font-size:8pt;font-weight:bold;">As Reported</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:Arial;font-size:8pt;font-weight:bold;">Effect of Adoption</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:Arial;font-size:8pt;font-weight:bold;">Balances Without Adoption of Topic 606</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#dddddd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:8pt;"><font style="font-family:Arial;font-size:8pt;">Accounts receivable, net</font></div></td><td style="vertical-align:bottom;background-color:#dddddd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #ffffff;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4d2ca;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:Arial;font-size:8pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #ffffff;background-color:#f4d2ca;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:Arial;font-size:8pt;">4,549</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #ffffff;background-color:#f4d2ca;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #ffffff;background-color:#f4d2ca;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #ffffff;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4d2ca;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:Arial;font-size:8pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #ffffff;background-color:#f4d2ca;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:Arial;font-size:8pt;">795</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #ffffff;background-color:#f4d2ca;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #ffffff;background-color:#f4d2ca;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #ffffff;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4d2ca;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:Arial;font-size:8pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #ffffff;background-color:#f4d2ca;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:Arial;font-size:8pt;">3,754</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #ffffff;background-color:#f4d2ca;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:Arial;font-size:8pt;">Prepaid expenses and other current assets</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #ffffff;background-color:#f4d2ca;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #ffffff;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:Arial;font-size:8pt;">1,786</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #ffffff;background-color:#f4d2ca;border-top:1px solid #ffffff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #ffffff;background-color:#f4d2ca;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #ffffff;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #ffffff;background-color:#f4d2ca;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #ffffff;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:Arial;font-size:8pt;">426</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #ffffff;background-color:#f4d2ca;border-top:1px solid #ffffff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #ffffff;background-color:#f4d2ca;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #ffffff;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #ffffff;background-color:#f4d2ca;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #ffffff;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:Arial;font-size:8pt;">1,360</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #ffffff;background-color:#f4d2ca;border-top:1px solid #ffffff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#dddddd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:Arial;font-size:8pt;">Total current assets</font></div></td><td style="vertical-align:bottom;background-color:#dddddd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4d2ca;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #ffffff;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:Arial;font-size:8pt;">15,796</font></div></td><td style="vertical-align:bottom;background-color:#f4d2ca;border-top:1px solid #ffffff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#f4d2ca;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #ffffff;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4d2ca;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #ffffff;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:Arial;font-size:8pt;">1,221</font></div></td><td style="vertical-align:bottom;background-color:#f4d2ca;border-top:1px solid #ffffff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#f4d2ca;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #ffffff;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4d2ca;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #ffffff;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:Arial;font-size:8pt;">14,575</font></div></td><td style="vertical-align:bottom;background-color:#f4d2ca;border-top:1px solid #ffffff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:Arial;font-size:8pt;font-weight:bold;">TOTAL ASSETS</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#f4d2ca;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:Arial;font-size:8pt;font-weight:bold;">22,921</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#f4d2ca;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#f4d2ca;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#f4d2ca;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:Arial;font-size:8pt;font-weight:bold;">1,221</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#f4d2ca;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#f4d2ca;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#f4d2ca;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:Arial;font-size:8pt;font-weight:bold;">21,700</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#f4d2ca;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#dddddd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:Arial;font-size:8pt;">Accrued liabilities</font></div></td><td style="vertical-align:bottom;background-color:#dddddd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #ffffff;background-color:#f4d2ca;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:Arial;font-size:8pt;">4,738</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #ffffff;background-color:#f4d2ca;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #ffffff;background-color:#f4d2ca;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #ffffff;background-color:#f4d2ca;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:Arial;font-size:8pt;">1,221</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #ffffff;background-color:#f4d2ca;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #ffffff;background-color:#f4d2ca;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #ffffff;background-color:#f4d2ca;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:Arial;font-size:8pt;">3,517</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #ffffff;background-color:#f4d2ca;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:Arial;font-size:8pt;">Total current liabilities</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4d2ca;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #ffffff;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:Arial;font-size:8pt;">7,281</font></div></td><td style="vertical-align:bottom;background-color:#f4d2ca;border-top:1px solid #ffffff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#f4d2ca;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #ffffff;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4d2ca;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #ffffff;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:Arial;font-size:8pt;">1,221</font></div></td><td style="vertical-align:bottom;background-color:#f4d2ca;border-top:1px solid #ffffff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#f4d2ca;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #ffffff;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4d2ca;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #ffffff;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:Arial;font-size:8pt;">6,060</font></div></td><td style="vertical-align:bottom;background-color:#f4d2ca;border-top:1px solid #ffffff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#dddddd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:Arial;font-size:8pt;font-weight:bold;">TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#dddddd;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4d2ca;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:Arial;font-size:8pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#f4d2ca;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:Arial;font-size:8pt;font-weight:bold;">22,921</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#f4d2ca;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#f4d2ca;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4d2ca;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:Arial;font-size:8pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#f4d2ca;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:Arial;font-size:8pt;font-weight:bold;">1,221</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#f4d2ca;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#f4d2ca;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4d2ca;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:Arial;font-size:8pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#f4d2ca;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:Arial;font-size:8pt;font-weight:bold;">21,700</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#f4d2ca;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:Arial;font-size:8pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-bottom:0px;padding-top:8px;text-align:justify;padding-left:0px;text-indent:0px;font-size:8pt;"><font style="font-family:Arial;font-size:8pt;color:#000000;">Other impacts from the adoption of Topic 606 on the Unaudited Condensed Consolidated Financial Statements were immaterial. Refer to </font><font style="font-family:Arial;font-size:8pt;color:#000000;">Note 11 — Revenues</font><font style="font-family:Arial;font-size:8pt;color:#000000;"> for further discussion. </font></div></div><div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:0px;padding-top:12px;text-align:justify;padding-left:0px;text-indent:0px;font-size:12pt;"><font style="font-family:Arial;font-size:12pt;color:#fd4703;font-style:normal;font-weight:bold;text-decoration:none;">Nature of Revenues</font></div><div style="line-height:120%;padding-bottom:0px;padding-top:8px;text-align:justify;padding-left:0px;text-indent:0px;font-size:8pt;"><font style="font-family:Arial;font-size:8pt;color:#000000;">Revenue transactions associated with the sale of NIKE Brand footwear, apparel and equipment, as well as Converse products, comprise a single performance obligation, which consists of the sale of products to customers either through wholesale or direct to consumer channels. The Company satisfies the performance obligation</font><font style="font-family:Arial;font-size:8pt;color:#000000;"><sup style="vertical-align:top;line-height:120%;font-size:5pt"> </sup></font><font style="font-family:Arial;font-size:8pt;color:#000000;">and records revenues when transfer of control has passed to the customer, based on the terms of sale. A customer is considered to have control once they are able to direct the use and receive substantially all of the benefits of the product. Transfer of control passes to wholesale customers upon shipment or upon receipt depending on the country of the sale and the agreement with the customer. Control passes to retail store customers at the time of sale and to substantially all digital commerce customers upon shipment. The transaction price is determined based upon the invoiced sales price, less anticipated sales returns, discounts and miscellaneous claims from customers. Payment terms for wholesale transactions depend on the country of sale or agreement with the customer, and payment is generally required within 90 days or less of shipment to or receipt by the wholesale customer. Payment is due at the time of sale for retail store and digital commerce transactions. </font></div><div style="line-height:120%;padding-bottom:0px;padding-top:8px;text-align:justify;padding-left:0px;text-indent:0px;font-size:8pt;"><font style="font-family:Arial;font-size:8pt;color:#000000;">At </font><font style="font-family:Arial;font-size:8pt;color:#000000;">February 28, 2019</font><font style="font-family:Arial;font-size:8pt;color:#000000;">, the Company did not have any contract assets and had an immaterial amount of contract liabilities recorded in </font><font style="font-family:Arial;font-size:8pt;color:#000000;font-style:italic;">Accrued liabilities</font><font style="font-family:Arial;font-size:8pt;color:#000000;"> on the Unaudited Condensed Consolidated Balance Sheets</font><font style="font-family:Arial;font-size:8pt;color:#000000;">.</font><font style="font-family:Arial;font-size:8pt;color:#000000;"> Consideration for trademark licensing contracts is earned through sales-based or usage-based royalty arrangements and the associated revenues are recognized over the license period. Licensing revenues for the </font><font style="font-family:Arial;font-size:8pt;color:#000000;">three and nine months ended February 28, 2019</font><font style="font-family:Arial;font-size:8pt;color:#000000;"> were immaterial and are included in the results for the NIKE Brand geographic operating segments, Global Brand Divisions and Converse. </font></div><div style="line-height:120%;padding-bottom:0px;padding-top:8px;text-align:justify;padding-left:0px;text-indent:0px;font-size:8pt;"><font style="font-family:Arial;font-size:8pt;color:#000000;">Taxes assessed by governmental authorities that are both imposed on and concurrent with a specific revenue-producing transaction, and are collected by the Company from a customer, are excluded from </font><font style="font-family:Arial;font-size:8pt;color:#000000;font-style:italic;">Revenues</font><font style="font-family:Arial;font-size:8pt;color:#000000;"> and </font><font style="font-family:Arial;font-size:8pt;color:#000000;font-style:italic;">Cost of sales</font><font style="font-family:Arial;font-size:8pt;color:#000000;"> in the Unaudited Condensed Consolidated Statements of Income. Shipping and handling costs associated with outbound freight after control over a product has transferred to a customer are accounted for as a fulfillment cost and are included in </font><font style="font-family:Arial;font-size:8pt;color:#000000;font-style:italic;">Cost of sales </font><font style="font-family:Arial;font-size:8pt;color:#000000;">when the related revenue is recognized</font><font style="font-family:Arial;font-size:8pt;color:#000000;">.</font></div></div>

Files In Submission

Name	View Source	Status
0000320187-19-000030-index-headers.html	Edgar Link	pending
0000320187-19-000030-index.html	Edgar Link	pending
0000320187-19-000030.txt	Edgar Link	pending
0000320187-19-000030-xbrl.zip	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
nke-02282019x10q.htm	Edgar Link	pending
nke-02282019xexhibit311.htm	Edgar Link	pending
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$NKE
NIKE, Inc. Stock $nke

2019 Q1 Form 10-Q Financial Statement

#000032018719000030 Filed on April 04, 2019

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$NKE NIKE, Inc. Stock $nke

2019 Q1 Form 10-Q Financial Statement

#000032018719000030 Filed on April 04, 2019

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$NKE
NIKE, Inc. Stock $nke