NIKE Inc.

Balance Sheet
as of May 31, 2015
Dollars in Millions
2012
Current assets:
Cash and equivalents
Short-term investments
Accounts receivable
Inventories
Deferred income taxes
Assets of discontinued operations
Prepaid expenses and other current assets
Total current assets
Long Term Assets
Property, plant and equipment, net
Identifiable intangible assets, net
Goodwill
Deferred income taxes and other assets
Total Long Term Assest
Total Assets
Current liabilities:
Current portion of long-term debt
Notes payable
Accounts payable
Accrued liabilities
Income taxes payable
Liabilities of discontinued operations
Total current liabilities
Long Term Liabilities
Long-term debt
Deferred income taxes and other liabilities
Total Long Term Liabilities
Total Liabilties
Shareholders equity:
Common Stock
Capital in excess of stated value
Accumulated other comprehensive income
Retained earnings
Total shareholders equity
Total Liabilties and Shareholder's Equity

$
$

NIKE Inc.

2013

2,317 $
1,440
3,132
3,222
262
615
857
11,845

802
13,626

2,209
370
131
910
3,620
15,465 $

2,452
382
131
993
3,958
17,584

49 $
108
1,549
1,941
65
170
3,882

57
121
1,646
1,986
98
18
3,926

228
974
1202
5,084

1,210
1,292
2502
6,428

3
4,641
149
5,588
10,381
15,465 $

3,337
2,628
3,117
3,434
308

3
5,184
274
5,695
11,156
17,584

Income Statement
For Year Ending May 31, 201x
Dollars in Millions
2013
$ 25,313
14,279
11,034

Revenues
Cost of sales
Gross profit
Expenses
Demand creation expense
Operating overhead expense
Total selling and administrative expense
Operating Income
Other Income and Expense
Interest expense (income), net
Other (income) expense, net
Total Other Income and Expense
Income before income taxes
Income tax expense
Net Income

2,745
5,051
7,796
3,238
(3)
(15)
(18)
3,256
805
$ 2,451

NIKE Inc.
Statement of Cash Flows
For Year Ending May 31, 201x
Dollars in Millions

Net cash provided by operating activies

Net cash used in investing activities
Net cash flow from financing
Effect of exchange rate changes on cash
Net change of cash and cash equivalents

Cash at the end of the period

Cash at beginning of period
Net change in cash and cash equivalents

2013
3,032
(940)
(1,045)
36
1,083
3,337
2,254
1,083

2014
$

$
$

2,220 $
2,922
3,434
3,947
355

2015
3,852
2,072
3,358
4,337
389

818
13,696

1,968
15,976

2,834
282
131
1,651
4,898
18,594 $

3,011
281
131
2,201
5,624
21,600

7 $
167
1,930
2,491
432

107
74
2,131
3,951
71

5,027

6,334

1,199
$ 1,544
2743
7,770

1,079
$ 1,480
2559
8,893

3
5,865
85
4,871
10,824
18,594 $

3
6,773
1,246
4,685
12,707
21,600

2014
$ 27,799
15,353
12,446

2015
$ 30,601
16,534
14,067

3,031
5,735
8,766
3,680

3,213
6,679
9,892
4,175

33
103
136
3,544
851
$ 2,693

$
$
$

2014
3,013 $
(1,207)
(2,914)
(9)
(1,117) $
2,220 $
3,337
(1,117) $

28
(58)
(30)
4,205
932
$ 3,273

2015
4,680
(175)
(2,790)
(83)
1,632
3,852
2,220
1,632

Document and Entity Information - USD ($)

Document Information [Line Items]
Document Type
Amendment Flag
Document Period End Date
Document Fiscal Year Focus
Document Fiscal Period Focus
Trading Symbol
Entity Registrant Name
Entity Central Index Key
Current Fiscal Year End Date
Entity Well-known Seasoned Issuer
Entity Current Reporting Status
Entity Voluntary Filers
Entity Filer Category
Entity Public Float (In Dollars)
Entity Common Stock Shares Outstanding (In Shares)
Class A Convertible Common Stock
Document Information [Line Items]
Entity Public Float (In Dollars)
Entity Common Stock Shares Outstanding (In Shares)
Class B Common Stock
Document Information [Line Items]
Entity Public Float (In Dollars)
Entity Common Stock Shares Outstanding (In Shares)

12 Months Ended
May. 31, 2015

Jul. 17, 2015

Nov. 30, 2014

10-K
false
May 31,
2015
2,015
FY
NKE
NIKE INC
320,187
--05-31
Yes
Yes
No
Large Accelerated Filer
$ 72,392,307,327
855,351,589

4,394,312,083
177,457,876

$ 67,997,995,244
677,893,713

NIKE Inc.
Income Statement
For Year Ending May 31, 201x
Dollars in Millions

Revenues
Cost of sales
Gross profit
Demand creation expense
Operating overhead expense
Total selling and administrative expense
Interest expense (income), net
Other (income) expense, net
Income before income taxes
Income tax expense
NET INCOME

2013
$ 25,313
14,279
11,034
2,745
5,051
7,796
(3)
(15)
3,256
805
$ 2,472

2014
$ 27,799
15,353
12,446
3,031
5,735
8,766
33
103
3,544
851
$ 2,693

2015
$ 30,601
16,534
14,067
3,213
6,679
9,892
28
(58)
4,205
932
$ 3,273

Consolidated Statements of Comprehensive Income

Net income
Other comprehensive income (loss), net of tax:
Change in net foreign currency translation adjustment
Change in net gains (losses) on cash flow hedges
Change in net gains (losses) on other
Change in release of cumulative translation loss related to Umbro
Total other comprehensive income (loss), net of tax
TOTAL COMPREHENSIVE INCOME
[1]
[2]
[3]
[4]

Income - Scenario, Unspecified [Domain] - USD ($) $ in Millions

[1]
[2]
[3]
[4]

Net
Net
Net
Net

of
of
of
of

tax
tax
tax
tax

benefit
benefit
benefit
benefit

(expense)
(expense)
(expense)
(expense)

of
of
of
of

$0 million, $0 million and $(13) million, respectively.

$(31) million, $18 million and $(22) million, respectively.
$0 million, $0 million and $1 million, respectively.
$0 million, $0 million and $47 million, respectively.

12 Months Ended
May. 31, 2015
May. 31, 2014
$ 3,273
$ 2,693
(20)
1,188
7
0
1,161
$ 4,434

(32)
(161)
(4)
0
(189)
$ 2,504

May. 31, 2013

$ 2,472
38
12
8
83
125
$ 2,597

Consolidated Statements of Comprehensive Income (Parenthetical) - USD ($) $ in Millio

Foreign currency translation and other, tax benefit (expense)
Net gain (loss) on cash flow hedges, tax benefit (expense)
Net gain (loss) on other, tax benefit (expense)
Release of cumulative translation loss related to Umbro, tax expense

12 Months Ended
May. 31, 2015
May. 31, 2014
$0
$0
(31)
18
0
0
$0
$0

May. 31, 2013

$ (13)
(22)
1
$ 47

NIKE Inc.
Balance Sheet
as of May 31, 2015
Dollars in Millions
31-May-12 31-May-13
Current assets:
Cash and equivalents
Short-term investments
Accounts receivable
Inventories
Deferred income taxes
Assets of discontinued operations
Prepaid expenses and other current assets
Total current assets
Property, plant and equipment, net
Identifiable intangible assets, net
Goodwill
Deferred income taxes and other assets
Total Long Term Assest
Total Assets
Current liabilities:
Current portion of long-term debt
Notes payable
Accounts payable
Accrued liabilities
Income taxes payable
Liabilities of discontinued operations
Total current liabilities
Long-term debt
Deferred income taxes and other liabilities
Total Long Term Liabilities
Total Liabilties
Shareholders equity:
Common Stock
Capital in excess of stated value
Accumulated other comprehensive income
Retained earnings
Total shareholders equity
TOTAL LIABILITIES AND SHAREHOLDERS EQUITY

$
$

2,317 $
1,440
3,132
3,222
262
615
857
11,845
2,209
370
131
910
3,620
15,465 $

3,337
2,628
3,117
3,434
308
802
13,626
2,452
382
131
993
3,958
17,584

49 $
108
1,549
1,941
65
170
3,882
228
974
1202
5,084

57
121
1,646
1,986
98
18
3,926
1,210
1,292
2502
6,428

3
4,641
149
5,588
10,381
15,465 $

3
5,184
274
5,695
11,156
17,584

May. 31,
2014
$

$
$

May. 31, 2015

2,220 $
2,922
3,434
3,947
355
818
13,696
2,834
282
131
1,651
4,898
18,594 $
7 $
167
1,930
2,491
432
5,027
1,199
$ 1,544
2743
7,770

3
5,865
85
4,871
10,824
18,594 $

3,852
2,072
3,358
4,337
389
1,968
15,976
3,011
281
131
2,201
5,624
21,600
107
74
2,131
3,951
71
6,334
1,079
$ 1,480
2559
8,893
3
6,773
1,246
4,685
12,707
21,600

Consolidated Balance Sheets (Parenthetical) - shares shares in Millions

Class A Convertible Common Stock
Common Stock, shares outstanding
Class B Common Stock
Common Stock, shares outstanding

May. 31, 2015

May. 31, 2014

178

178

679

692

NIKE Inc.
Statement of Cash Flows
For Year Ending May 31, 201x
Dollars in Millions

Net
Net
Net
Net

cash provided by operating activies

cash used in investing activities
cash flow from financing
change of cash and cash equivalents

Cash and cash equivalents at the end of the period

May. 31, 2013

$ 2,472
-940
-1,045
$ 487
$

Cash and cash equivalents at beginning of period

Net change in cash and cash equivalents

2,254
3,337

(1,083)

Income charges (credits) not affecting cash:

Depreciation
Deferred income taxes
Stock-based compensation
Amortization and other
Net foreign currency adjustments
Net gain on divestitures
Changes in certain working capital components
and other assets and liabilities:

438
20
174
64
66
(124)

(Increase) decrease in accounts receivable

(Increase) in inventories
(Increase) in prepaid expenses and other current
assets

(219)
(28)
27

Increase in accounts payable, accrued liabilities and

income taxes payable

142

3,032

Cash provided by operations

Cash used by investing activities:
Purchases of short-term investments
Maturities of short-term investments
Sales of short-term investments
Investments in reverse repurchase agreements
Additions to property, plant and equipment
Disposals of property, plant and equipment
Proceeds from divestitures

2,954
(4,133)
1,663
1,330
0
(598)
14
786
(2)

(Increase) in other assets, net of other liabilities

Cash used by investing activities

(940)

Cash used by financing activities:

Net proceeds from long-term debt issuance
Long-term debt payments, including current portion

986
(49)
10

(Decrease) increase in notes payable

Payments on capital lease obligations
Proceeds from exercise of stock options and other
stock issuances

0
313
72

Excess tax benefits from share-based payment

arrangements

(1,674)

Repurchase of common stock

Dividends common and preferred
Cash used by financing activities
Effect of exchange rate changes on cash and
equivalents

(703)
(1,045)
36
1,083

Net increase (decrease) in cash and equivalents

2,254

Cash and equivalents, beginning of year

CASH AND EQUIVALENTS, END OF YEAR
Cash paid during the year for:
Interest, net of capitalized interest
Income taxes
Non-cash additions to property, plant and equipment

3,337
20
702
137
$ 188

Dividends declared and not paid

1,047

ows
, 201x
s

May. 31, 2014 May. 31, 2015

$ 2,693
$ 3,273
-1,207
-175
-2,914
-2,790
$ (1,428)
$ 308
$

3,337 $

2,220

2,220

3,852

1,117 $

(1,632)

518
(11)
177
68
56

606
(113)
191
43
424

(298)

(216)

(505)
(210)
525

(621)
(144)
1,237

3,013

4,680

2,525
(5,386)
3,932
1,126
0
(880)
3
0
(2)

4,936
(4,936)
3,655
2,216
(150)
(963)
3
0
0

(1,207)

(175)

0
(60)
75

0
(7)
(63)

(17)
383
132

(19)
514
218

(2,628)

(2,534)

(799)
(2,914)
(9)
(1,117)

(899)
(2,790)
(83)
1,632

3,337

2,220

2,220

3,852

53
856
167
$ 209

53
1,262
206
$ 240

1,285

1,761

Consolidated Statements of Shareholders' Equity - USD ($) shares in Millions, $ in

Millions
Beginning Balance (in shares) at May. 31, 2012
Beginning Balance at May. 31, 2012
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Stock options exercised (in shares)
Stock options exercised
Conversion to Class B Common Stock (in shares)
Conversion of Stock, Shares Issued
Conversion to Class B Common Stock
Stock Repurchased During Period, Shares
Stock Repurchased During Period, Value
Dividends on Common stock
Issuance of shares to employees (in shares)
Issuance of shares to employees
Stock-based compensation (Note 11)
Forfeiture of shares from employees (in shares)
Forfeiture of shares from employees
Net income
Other comprehensive income (loss)
Ending Balance (in shares) at May. 31, 2013
Ending Balance at May. 31, 2013
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Stock options exercised (in shares)
Stock options exercised
Stock Repurchased During Period, Shares
Stock Repurchased During Period, Value
Dividends on Common stock
Issuance of shares to employees (in shares)
Issuance of shares to employees
Stock-based compensation (Note 11)
Forfeiture of shares from employees (in shares)
Forfeiture of shares from employees
Net income
Other comprehensive income (loss)
Ending Balance (in shares) at May. 31, 2014
Ending Balance at May. 31, 2014
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Stock options exercised (in shares)
Stock options exercised
Stock Repurchased During Period, Shares
Stock Repurchased During Period, Value
Dividends on Common stock
Issuance of shares to employees (in shares)
Issuance of shares to employees
Stock-based compensation (Note 11)

Forfeiture of shares from employees (in shares)

Forfeiture of shares from employees
Net income
Other comprehensive income (loss)
Ending Balance (in shares) at May. 31, 2015
Ending Balance at May. 31, 2015

Total

Capital in Excess of Stated Value

$ 10,319

$ 4,641

322

322

0
(1,657)
(727)
65
174
(12)
2,472
125

(10)

65
174
(8)

11,081

5,184

445

445

(2,628)
(821)
78
177
(12)
2,693
(189)

(11)

78
177
(8)

10,824

5,865

639

639

(2,534)
(931)
92
191

(9)

92
191

(8)
3,273
1,161
$ 12,707

(5)

$ 6,773

Accumulated Other Comprehensive Income

$ 149

Retained Earnings
$ 5,526

(1,647)
(727)

(4)
2,472
125
274

5,620

(2,617)
(821)

(4)
2,693
(189)
85

4,871

(2,525)
(931)

(3)
3,273
1,161
$ 1,246

$ 4,685

Class A Common Stock

Class A Common StockCommon Stock

180
$0

(2)

178
$0

178

178
$0

178

178
$0

Class B Common Stock

Class B Common StockCommon Stock

736
$3
10

2
(34)

716
$3
11
(37)

692

692
$3
14
(29)

679

679
$3

Consolidated Statements of Shareholders' Equity (Parenthetical) - $ / shares

Statement of Stockholders' Equity [Abstract]
Dividends declared per common share (in dollars per share)

May. 31, 2015

12 Months Ended
May. 31, 2014

$ 1.08

$ 0.93

May. 31, 2013

$ 0.81

Summary of Significant Accounting Policies

Disclosure Summary Of Significant Accounting Policies Additional Information [Abstrac

Summary of Significant Accounting Policies

12 Months Ended
May. 31, 2015

NOTE 1 Summary of Significant Accounting Policies Description of Business NIKE, Inc. is a

worldwide leader in the design, development and worldwide marketing and selling of athletic
footwear, apparel, equipment, accessories and services. NIKE, Inc. portfolio brands include the NIK
Brand, Jordan Brand, Hurley and Converse. The NIKE Brand is focused on performance athletic
footwear, apparel, equipment, accessories and services across a wide range of sport categories,
amplified with sport-inspired sportswear products carrying the Swoosh trademark as well as other
NIKE Brand trademarks. The Jordan Brand is focused on athletic and casual footwear, apparel and
accessories, using the Jumpman trademark. Sales of Jordan Brand products are included within the
NIKE Brand Basketball category. The Hurley brand is focused on surf and action sports and youth
lifestyle footwear, apparel and accessories, using the Hurley trademark. Sales of Hurley brand
products are included within the NIKE Brand Action Sports category. Converse designs, distributes,
markets and sells casual sneakers, apparel and accessories under the Converse, Chuck Taylor, All
Star, One Star, Star Chevron and Jack Purcell trademarks. In some markets outside the U.S., these
trademarks are licensed to third parties who design, distribute, market and sell similar products.
Operating results of the Converse brand are reported on a stand-alone basis. Basis of Consolidatio
The Consolidated Financial Statements include the accounts of NIKE, Inc. and its subsidiaries (the
"Company). All significant intercompany transactions and balances have been eliminated. The

Inventories
Inventory Disclosure [Abstract]
Inventories

12 Months Ended
May. 31, 2015

NOTE 2 Inventories Inventory balances of $4,337 million and $3,947 million at May 31, 2015 an
2014 , respectively, were substantially all finished goods.

Property, Plant and Equipment

Property, Plant and Equipment [Abstract]
Property, Plant and Equipment

12 Months Ended
May. 31, 2015

NOTE 3 Property, Plant and Equipment Property, plant and equipment, net included the followin
As of May 31, (In millions) 2015 2014 Land $ 273 $ 270 Buildings 1,250 1,261 Machinery, equipme
and internal-use software 3,329 3,376 Leasehold improvements 1,150 1,066 Construction in proce
350 247 Total property, plant and equipment, gross 6,352 6,220 Less accumulated depreciation
3,341 3,386 TOTAL PROPERTY, PLANT AND EQUIPMENT, NET $ 3,011 $ 2,834 Capitalized interest
was not material for the years ended May 31, 2015 , 2014 and 2013 . The Company had $5 million
and $74 million in capital lease obligations as of May 31, 2015 and May 31, 2014 , respectively,
included in machinery, equipment and internal-use software. During the fiscal year ended May 31,
2015, the Company restructured the terms of certain capital leases, which now qualify as operatin
leases.

Identifiable Intangible Assets and Goodwill

Goodwill and Intangible Assets Disclosure [Abstract]
Identifiable Intangible Assets and Goodwill

12 Months Ended
May. 31, 2015

NOTE 4 Identifiable Intangible Assets and Goodwill Identifiable intangible assets, net consists of
indefinite-lived trademarks, which are not subject to amortization, and acquired trademarks and
other intangible assets, which are subject to amortization. At May 31, 2015 and 2014, indefinitelived trademarks were $281 million and $282 million , respectively. Acquired trademarks and othe
intangible assets at May 31, 2015 and 2014 were $17 million and $39 million , respectively, and
were fully amortized at the end of both periods. Goodwill was $131 million at May 31, 2015 and
2014 of which $65 million and $64 million were included in the Converse segment in the respectiv
periods. The remaining amounts were included in Global Brand Divisions for segment reporting
purposes. There were no accumulated impairment balances for goodwill as of either period end.

Accrued Liabilities
Accrued Liabilities, Current [Abstract]
Accrued Liabilities

12 Months Ended
May. 31, 2015

NOTE 5 Accrued Liabilities Accrued liabilities included the following: As of May 31, (In millions)
2015 2014 Compensation and benefits, excluding taxes $ 997 $ 782 Collateral received from
counterparties to hedging instruments 968 Endorsement compensation 388 328 Dividends
payable 240 209 Import and logistics costs 207 127 Taxes other than income taxes 174 204 Fair
value of derivatives 162 85 Advertising and marketing 117 133 Other (1) 698 623 TOTAL ACCRUED
LIABILITIES $ 3,951 $ 2,491 (1) Other consists of various accrued expenses with no individual item
accounting for more than 5% of the total Accrued liabilities balance at May 31, 2015 and 2014 .

Fair Value Measurements

Fair Value Disclosures [Abstract]
Fair Value Measurements

12 Months Ended
May. 31, 2015

NOTE 6 Fair Value Measurements The following tables present information about the Company's
financial assets and liabilities measured at fair value on a recurring basis as of May 31, 2015 and
2014 and indicate the fair value hierarchy of the valuation techniques utilized by the Company to
determine such fair value. Refer to Note 1 Summary of Significant Accounting Policies for
additional detail regarding the Companys fair value measurement methodology. As of May 31, 20
(In millions) Assets at Fair Value Cash and Cash Equivalents Short-term Investments Other Long-te
Assets Cash $ 615 $ 615 $ $ Level 1: U.S. Treasury securities 869 225 644 Level 2: Time
deposits 684 684 U.S. Agency securities 976 110 866 Commercial paper and bonds 914 35
562 Money market funds 1,866 1,866 Total level 2 4,440 3,012 1,428 Level 3: Nonmarketable preferred stock 8 8 TOTAL $ 5,932 $ 3,852 $ 2,072 $ 8 As of May 31, 2014 (In
millions) Assets at Fair Value Cash and Cash Equivalents Short-term Investments Other Long-term
Assets Cash $ 780 $ 780 $ $ Level 1: U.S. Treasury securities 1,137 151 986 Level 2: Time
deposits 227 227 U.S. Agency securities 1,027 25 1,002 Commercial paper and bonds 959
25 934 Money market funds 1,012 1,012 Total level 2 3,225 1,289 1,936 Level 3: Nonmarketable preferred stock 7 7 TOTAL $ 5,149 $ 2,220 $ 2,922 $ 7 The Company elects to
record the gross assets and liabilities of its derivative financial instruments on the Consolidated
Balance Sheets. The Companys derivative financial instruments are subject to master netting

Short-Term Borrowings and Credit Lines

Debt Disclosure [Abstract]
Short-Term Borrowings and Credit Lines

12 Months Ended
May. 31, 2015

NOTE 7 Short-Term Borrowings and Credit Lines Notes payable and interest-bearing accounts
payable to Sojitz Corporation of America (Sojitz America) as of May 31, 2015 and 2014 are
summarized below: As of May 31, 2015 2014 (Dollars in millions) Borrowings Interest Rate
Borrowings Interest Rate Notes payable: U.S. operations $ 0.00 % (1) $ 0.00 % (1) Non-U.S.
operations 74 12.39 % (1) 167 10.04 % (1) TOTAL NOTES PAYABLE $ 74 $ 167 Interest-bearing
accounts payable: Sojitz America $ 78 0.98 % $ 60 0.94 % (1) Weighted average interest rate
includes non-interest bearing overdrafts. The carrying amounts reflected in the Consolidated
Balance Sheets for Notes payable approximate fair value. The Company purchases through Sojitz
America certain NIKE Brand products it acquires from non-U.S. suppliers. These purchases are for
products sold in certain countries in the Company's Emerging Markets geographic operating
segment and Canada, excluding products produced and sold in the same country. Accounts payab
to Sojitz America are generally due up to 60 days after shipment of goods from the foreign port. Th
interest rate on such accounts payable is the 60 -day London Interbank Offered Rate (LIBOR) as
the beginning of the month of the invoice date, plus 0.75% . As of May 31, 2015 and 2014 , the
Company had no amounts outstanding under its commercial paper program. On November 1, 201
the Company entered into a committed credit facility agreement with a syndicate of banks which
provides for up to $1 billion of borrowings with the option to increase borrowings to $1.5 billion wit

Long-Term Debt
Long-term Debt Disclosure [Abstract]
Long-Term Debt

12 Months Ended
May. 31, 2015

NOTE 8 Long-Term Debt Long-term debt , net of unamortized premiums and discounts and swap
fair value adjustments, comprises the following : Book Value Outstanding As of May 31, Scheduled
Maturity (Dollars and Yen in millions) Original Principal Interest Rate Interest Payments 2015 2014
Corporate Bond Payables: (4) October 15, 2015 (1) $ 100 5.15 % Semi-Annually $ 101 $ 108 May 1
2023 (5) $ 500 2.25 % Semi-Annually 499 499 May 1, 2043 (5) $ 500 3.63 % Semi-Annually 499 4
Promissory Notes: April 1, 2017 (2) $ 40 6.20 % Monthly 39 39 January 1, 2018 (2) $ 19 6.79 %
Monthly 19 19 Japanese Yen Notes: August 20, 2001 through November 20, 2020 (3) 9,000 2.60
Quarterly 20 29 August 20, 2001 through November 20, 2020 (3) 4,000 2.00 % Quarterly 9 13
Total 1,186 1,206 Less current maturities 107 7 TOTAL LONG-TERM DEBT $ 1,079 $ 1,199 (1) The
Company has entered into interest rate swap agreements whereby the Company receives fixed
interest payments at the same rate as the note and pays variable interest payments based on the
six -month LIBOR plus a spread. The swaps have the same notional amount and maturity date as t
corresponding note. At May 31, 2015 , the interest rates payable on these swap agreements range
from approximately 0.3% to 0.5% . (2) The Company assumed a total of $59 million in bonds
payable as part of its agreement to purchase certain Corporate properties; this was treated as a
non-cash financing transaction. The property serves as collateral for the debt. The purchase of the
properties was accounted for as a business combination where the total consideration of $85 milli

Income Taxes
Income Tax Disclosure [Abstract]
Income Taxes

12 Months Ended
May. 31, 2015

NOTE 9 Income Taxes Income before income taxes is as follows: Year Ended May 31, (In millions
2015 2014 2013 Income before income taxes: United States $ 1,967 $ 3,066 $ 1,231 Foreign 2,23
478 2,025 TOTAL INCOME BEFORE INCOME TAXES $ 4,205 $ 3,544 $ 3,256 The provision for incom
taxes is as follows: Year Ended May 31, (In millions) 2015 2014 2013 Current: United States Federa
$ 596 $ 259 $ 378 State 80 104 79 Foreign 369 499 442 Total 1,045 862 899 Deferred: United Sta
Federal (66 ) 19 (4 ) State (11 ) (3 ) (4 ) Foreign (36 ) (27 ) (86 ) Total (113 ) (11 ) (94 ) TOTAL
INCOME TAX EXPENSE $ 932 $ 851 $ 805 A reconciliation from the U.S. statutory federal income ta
rate to the effective income tax rate is as follows: Year Ended May 31, 2015 2014 2013 Federal
income tax rate 35.0 % 35.0 % 35.0 % State taxes, net of federal benefit 0.9 % 1.8 % 1.4 % Foreig
earnings -15.7 % 2.2 % -11.8 % Deferred charge 0.9 % -14.6 % 0.0 % Other, net 1.1 % -0.4 % 0.1
EFFECTIVE INCOME TAX RATE 22.2 % 24.0 % 24.7 % The effective tax rate from continuing
operations for the year ended May 31, 2015 was 180 basis points lower than the effective tax rate
from continuing operations for the year ended May 31, 2014 primarily due to the favorable
resolution of audits in several jurisdictions. The effective tax rate from continuing operations for th
year ended May 31, 2014 was 70 basis points lower than the effective tax rate from continuing
operations for the year ended May 31, 2013 primarily due to an increase in the amount of earning

Redeemable Preferred Stock

Temporary Equity Disclosure [Abstract]
Redeemable Preferred Stock

12 Months Ended
May. 31, 2015

NOTE 10 Redeemable Preferred Stock Sojitz America is the sole owner of the Companys
authorized redeemable preferred stock, $1 par value, which is redeemable at the option of Sojitz
America or the Company at par value aggregating $0.3 million . A cumulative dividend of $0.10 pe
share is payable annually on May 31 and no dividends may be declared or paid on the common
stock of the Company unless dividends on the redeemable preferred stock have been declared an
paid in full. There have been no changes in the redeemable preferred stock in the three years end
May 31, 2015 , 2014 and 2013 . As the holder of the redeemable preferred stock, Sojitz America
does not have general voting rights, but does have the right to vote as a separate class on the sal
of all or substantially all of the assets of the Company and its subsidiaries, on merger, consolidatio
liquidation or dissolution of the Company or on the sale or assignment of the NIKE trademark for
athletic footwear sold in the United States. The redeemable preferred stock has been fully issued t
Sojitz America and is not blank check preferred stock. The Company's articles of incorporation do
not permit the issuance of additional preferred stock.

Common Stock and Stock-Based Compensation

Common Stock and Stock-based Compensation [Abstract]
Common Stock and Stock-Based Compensation

12 Months Ended
May. 31, 2015

NOTE 11 Common Stock and Stock-Based Compensation The authorized number of shares of
Class A Common Stock, no par value, and Class B Common Stock, no par value, are 200 million an
1,200 million , respectively. Each share of Class A Common Stock is convertible into one share of
Class B Common Stock. Voting rights of Class B Common Stock are limited in certain circumstance
with respect to the election of directors. There are no differences in the dividend and liquidation
preferences or participation rights of the Class A and Class B common shareholders. In 1990, the
Board of Directors adopted, and the shareholders approved, the NIKE, Inc. 1990 Stock Incentive Pl
(the 1990 Plan). The 1990 Plan, as amended, provides for the issuance of up to 326 million
previously unissued shares of Class B Common Stock in connection with stock options and other
awards granted under the plan. The 1990 Plan authorizes the grant of non-statutory stock options
incentive stock options, stock appreciation rights, restricted stock, restricted stock units and
performance-based awards. The exercise price for stock options and stock appreciation rights may
not be less than the fair market value of the underlying shares on the date of grant. A committee
the Board of Directors administers the 1990 Plan. The committee has the authority to determine th
employees to whom awards will be made, the amount of the awards and the other terms and
conditions of the awards. Substantially all stock option grants outstanding under the 1990 Plan we
granted in the first quarter of each fiscal year, vest ratably over four years and expire 10 years fro

Earnings Per Share

Earnings Per Share [Abstract]
Earnings Per Share

12 Months Ended
May. 31, 2015

NOTE 12 Earnings Per Share The following is a reconciliation from Basic earnings per common
share to Diluted earnings per common share. The computation of Diluted earnings per common
share omitted options to purchase an additional 0.1 million , 0.1 million and 0.1 million shares of
common stock outstanding for the years ended May 31, 2015 , 2014 and 2013 , respectively,
because the options were anti-dilutive. Year Ended May 31, (In millions, except per share data) 20
2014 2013 Determination of shares: Weighted average common shares outstanding 861.7 883.4
897.3 Assumed conversion of dilutive stock options and awards 22.7 22.4 19.1 DILUTED WEIGHTE
AVERAGE COMMON SHARES OUTSTANDING 884.4 905.8 916.4 Earnings per common share from
continuing operations: Basic $ 3.80 $ 3.05 $ 2.74 Diluted $ 3.70 $ 2.97 $ 2.68 Earnings per comm
share from discontinued operations: Basic $ $ $ 0.02 Diluted $ $ $ 0.02 Basic earnings p
common share for NIKE, Inc. $ 3.80 $ 3.05 $ 2.76 Diluted earnings per common share for NIKE, Inc
3.70 $ 2.97 $ 2.70

Benefit Plans
Compensation and Retirement Disclosure [Abstract]
Benefit Plans

12 Months Ended
May. 31, 2015

NOTE 13 Benefit Plans The Company has a qualified 401(k) Savings and Profit Sharing Plan to
which all U.S. employees who work at least 1,000 hours in a year are able to participate. The
Company matches a portion of employee contributions. Company contributions to the savings pla
were $58 million , $51 million and $46 million for the years ended May 31, 2015 , 2014 and 2013
respectively, and are included in Operating overhead expense . The terms of the plan also allow fo
annual discretionary profit sharing contributions to the accounts of eligible employees by the
Company as determined by the Board of Directors. Contributions of $58 million , $49 million and $
million were made to the plan and are included in Operating overhead expense for the years ende
May 31, 2015 , 2014 and 2013 , respectively. The Company also has a Long-Term Incentive Plan
(LTIP) that was adopted by the Board of Directors and approved by shareholders in September
1997 and later amended in fiscal 2007. The Company recognized $68 million , $46 million and $50
million of Operating overhead expense related to cash awards under the LTIP during the years end
May 31, 2015 , 2014 and 2013 , respectively. The Company allows certain highly compensated
employees and non-employee directors of the Company to defer compensation under a nonqualifi
deferred compensation plan. Deferred compensation plan liabilities were $443 million and $390
million at May 31, 2015 and 2014 , respectively, and primarily classified as long-term in Deferred
income taxes and other liabilities . The Company has pension plans in various countries worldwide

Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
Accumulated Other Comprehensive Income

12 Months Ended
May. 31, 2015

NOTE 14 Accumulated Other Comprehensive Income The changes in Accumulated other

comprehensive income , net of tax, were as follows: (In millions) Foreign Currency Translation
Adjustment (1) Cash Flow Hedges Net Investment Hedges (1) Other Total Balance at May 31, 2014
9 $ 32 $ 95 $ (51 ) $ 85 Other comprehensive gains (losses) before reclassifications (2) (20 ) 1,447
33 1,460 Reclassifications to net income of previously deferred (gains) losses (3) (259 ) (40
(299 ) Other comprehensive income (loss) (20 ) 1,188 (7 ) 1,161 Balance at May 31, 2015 $ (11
$ 1,220 $ 95 $ (58 ) $ 1,246 (1) The accumulated foreign currency translation adjustment and net
investment hedge gains/losses related to an investment in a foreign subsidiary are reclassified to
Net income upon sale or upon complete or substantially complete liquidation of the respective
entity. (2) Net of tax benefit (expense) of $ 0 million , $ (33) million , $ 0 million , $ 0 million and $
(33) million , respectively. (3) Net of tax (benefit) expense of $ 0 million , $ 2 million , $ 0 million ,
0 million and $ 2 million , respectively. (In millions) Foreign Currency Translation Adjustment (1) Ca
Flow Hedges Net Investment Hedges (1) Other Total Balance at May 31, 2013 $ 41 $ 193 $ 95 $
(55 ) $ 274 Other comprehensive gains (losses) before reclassifications (2) (32 ) (134 ) (166 )
Reclassifications to net income of previously deferred (gains) losses (3) (27 ) 4 (23 ) Other
comprehensive income (loss) (32 ) (161 ) 4 (189 ) Balance at May 31, 2014 $ 9 $ 32 $ 95 $ (51
85 (1) The accumulated foreign currency translation adjustment and net investment hedge

Discontinued Operations
Discontinued Operations and Disposal Groups [Abstract]
Discontinued Operations

12 Months Ended
May. 31, 2015

NOTE 15 Discontinued Operations During the year ended May 31, 2013 , the Company divested
of Umbro and Cole Haan, allowing it to focus its resources on driving growth in the NIKE, Jordan,
Converse and Hurley brands. On February 1, 2013, the Company completed the sale of Cole Haan
Apax Partners for an agreed upon purchase price of $570 million and received at closing $561
million , net of $9 million of purchase price adjustments. The transaction resulted in a gain on sale
$231 million , net of $137 million in Income tax expense ; this gain is included in the Net income
from discontinued operations line item on the Consolidated Statements of Income. There were no
adjustments to these recorded amounts as of May 31, 2015 . Beginning November 30, 2012, the
Company classified the Cole Haan disposal group as held-for-sale and presented the results of Cole
Haan's operations in the Net income from discontinued operations line item on the Consolidated
Statements of Income. From this date until the sale, the assets and liabilities of Cole Haan were
recorded in the Assets of discontinued operations and Liabilities of discontinued operations line
items on the Consolidated Balance Sheets, respectively. Previously, these amounts were reported
the Company's operating segment presentation as Other Businesses. Under the sale agreement
the Company agreed to provide certain transition services to Cole Haan for an expected period of
to 9 months from the date of sale. These services were essentially complete as of May 31, 2013 an
the Company has had no significant involvement with Cole Haan beyond the transition services. T

Commitments and Contingencies

Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies

12 Months Ended
May. 31, 2015

NOTE 16 Commitments and Contingencies The Company leases space for certain of its offices,
warehouses and retail stores under leases expiring from 1 to 19 years after May 31, 2015 . Rent
expense was $594 million , $533 million and $482 million for the years ended May 31, 2015 , 2014
and 2013 , respectively. Amounts of minimum future annual commitments under non-cancelable
operating and capital leases are as follows (in millions): 2016 2017 2018 2019 2020 Thereafter Tot
Operating leases $ 447 $ 423 $ 371 $ 311 $ 268 $ 1,154 $ 2,974 Capital leases $ 2 $ 2 $ 1 $ $
$ $ 5 As of May 31, 2015 and 2014 , the Company had letters of credit outstanding totaling $16
million and $135 million , respectively. These letters of credit were generally issued for the purcha
of inventory and guarantees of the Companys performance under certain self-insurance and othe
programs. In connection with various contracts and agreements, the Company provides routine
indemnification relating to the enforceability of intellectual property rights, coverage for legal issu
that arise and other items where the Company is acting as the guarantor. Currently, the Company
has several such agreements in place. However, based on the Companys historical experience an
the estimated probability of future loss, the Company has determined that the fair value of such
indemnification is not material to the Companys financial position or results of operations. In the
ordinary course of its business, the Company is involved in various legal proceedings involving
contractual and employment relationships, product liability claims, trademark rights and a variety

Risk Management and Derivatives

Derivative Instruments and Hedging Activities Disclosure [Abstract]
Risk Management and Derivatives

12 Months Ended
May. 31, 2015

NOTE 17 Risk Management and Derivatives The Company is exposed to global market risks,
including the effect of changes in foreign currency exchange rates and interest rates, and uses
derivatives to manage financial exposures that occur in the normal course of business. The
Company does not hold or issue derivatives for trading or speculative purposes. The Company ma
elect to designate certain derivatives as hedging instruments under the accounting standards for
derivatives and hedging. The Company formally documents all relationships between designated
hedging instruments and hedged items as well as its risk management objectives and strategies f
undertaking hedge transactions. This process includes linking all derivatives designated as hedges
to either recognized assets or liabilities or forecasted transactions. The majority of derivatives
outstanding as of May 31, 2015 are designated as foreign currency cash flow hedges primarily for
Euro/U.S. Dollar, British Pound/Euro and Japanese Yen/U.S. Dollar currency pairs . All derivatives ar
recognized on the Consolidated Balance Sheets at fair value and classified based on the
instruments maturity date. The following table presents the fair values of derivative instruments
included within the Consolidated Balance Sheets as of May 31, 2015 and 2014 : Asset Derivatives
Liability Derivatives (In millions) Balance Sheet Location 2015 2014 Balance Sheet Location 2015
2014 Derivatives formally designated as hedging instruments: Foreign exchange forwards and
options Prepaid expenses and other current assets $ 825 $ 76 Accrued liabilities $ 140 $ 57 Intere

Operating Segments and Related Information

Segment Reporting [Abstract]
Operating Segments and Related Information

12 Months Ended
May. 31, 2015

NOTE 18 Operating Segments and Related Information The Companys operating segments are
evidence of the structure of the Company's internal organization. The NIKE Brand segments are
defined by geographic regions for operations participating in NIKE Brand sales activity. Each NIKE
Brand geographic segment operates predominantly in one industry: the design, development,
marketing and selling of athletic footwear, apparel and equipment. The Companys reportable
operating segments for the NIKE Brand are: North America, Western Europe, Central & Eastern
Europe, Greater China, Japan and Emerging Markets, and include results for the NIKE, Jordan and
Hurley brands. The Companys NIKE Brand Direct to Consumer operations are managed within eac
geographic operating segment. Converse is also a reportable segment for NIKE, Inc., and operates
one industry: the design, marketing, licensing and selling of casual sneakers, apparel and
accessories. Global Brand Divisions is included within the NIKE Brand for presentation purposes to
align with the way management views the Company. Global Brand Divisions primarily represent NI
Brand licensing businesses that are not part of a geographic operating segment, and demand
creation, operating overhead and product creation and design expenses that are centrally manage
for the NIKE Brand. Corporate consists largely of unallocated general and administrative expenses
including expenses associated with centrally managed departments; depreciation and amortizatio
related to the Companys headquarters; unallocated insurance, benefit and compensation program

SCHEDULE II - Valuation and qualifying accounts

Valuation and Qualifying Accounts [Abstract]
SCHEDULE II - Valuation and qualifying accounts

12 Months Ended
May. 31, 2015

SCHEDULE II Valuation and Qualifying Accounts (In millions) Balance at Beginning of Period
Charged to Costs and Expenses Charged to Other Accounts (1) Write-Offs, Net Balance at End of
Period Sales returns reserve For the year ended May 31, 2013 $ 173 $ 538 $ 1 $ (471 ) $ 241 For t
year ended May 31, 2014 241 619 (3 ) (549 ) 308 For the year ended May 31, 2015 308 726 (35 )
(620 ) 379 Allowance for doubtful accounts (2) For the year ended May 31, 2013 $ 91 $ 31 $ 1 $
(19 ) $ 104 For the year ended May 31, 2014 104 13 (2 ) (37 ) 78 For the year ended May 31, 2015
78 35 (15 ) (20 ) 78 (1) Amounts included in this column primarily relate to foreign currency
translation. (2) Includes both current and non-current portions of the allowance for doubtful
accounts. The non-current portion is included in Deferred income taxes and other assets on the
Consolidated Balance Sheets.

Summary of Significant Accounting Policies (Policies)

Disclosure Summary Of Significant Accounting Policies Additional Information [Abstrac

Reclassifications
Revisions

Basis of Consolidation

Recognition of Revenues

Cost of Sales

Shipping and Handling Costs

Operating Overhead Expense

Demand Creation Expense

Cash and Equivalents

Short-Term Investments

Allowance for Uncollectible Accounts Receivable

Inventory Valuation

Property, Plant and Equipment and Depreciation

Software Development Costs

Computer Software to be Sold, Leased or Otherwise Marketed

Impairment of Long-Lived Assets

Identifiable Intangible Assets and Goodwill

Operating Leases

Fair Value Measurements

Foreign Currency Translation and Foreign Currency Transactions

Accounting for Derivatives and Hedging Activities

Stock-Based Compensation

Income Taxes

Earnings Per Share

Management Estimates

Recently Adopted Accounting Standards

12 Months Ended
May. 31, 2015

Reclassifications Certain prior year amounts have been reclassified to conform to fiscal 2015
presentation.

Revisions During the third quarter of fiscal 2015, management determined it had incorrectly
reflected unrealized gains and losses from re-measurement of non-functional currency intercompa
balances between certain of its foreign wholly-owned subsidiaries in its Consolidated Statements o
Cash Flows. These unrealized gains and losses should have been classified as non-cash reconciling
items from Net income to Cash provided by operations , but were instead reported on the Effect of
exchange rate changes on cash and equivalents line of the Consolidated Statements of Cash Flow
This resulted in an understatement of Cash provided by operations reported on the Consolidated
Statements of Cash Flows for certain prior periods; there was no impact for any period to Net
increase (decrease) in cash and equivalents reported on the Consolidated Statements of Cash Flow
or Cash and equivalents reported on the Consolidated Statements of Cash Flows and Balance
Sheets. The Company assessed the materiality of the misclassifications on prior periods' financial
statements in accordance with SEC Staff Accounting Bulletin (SAB) No. 99, Materiality, codified i
Accounting Standards Codification (ASC) 250, Presentation of Financial Statements, and conclud
that these misstatements were not material to any prior annual or interim periods. Accordingly, in
accordance with ASC 250 (SAB No. 108, Considering the Effects of Prior Year Misstatements when
Quantifying Misstatements in Current Year Financial Statements), the amounts have been revised
the
applicable
Consolidated
Statements Financial
of Cash Flows.
For theinclude
three and
monthsofended
Basis
of Consolidation
The Consolidated
Statements
the six
accounts
NIKE, Augus
Inc. an
its subsidiaries (the "Company). All significant intercompany transactions and balances have bee
eliminated. The Company completed the sale of Cole Haan during the third quarter ended Februar
28, 2013 and completed the sale of Umbro during the second quarter ended November 30, 2012.
a result, the Company reports the operating results of Cole Haan and Umbro in the Net income fro
discontinued operations line in the Consolidated Statements of Income for all applicable periods
presented. There were no assets or liabilities of discontinued operations as of May 31, 2015 and M
31, 2014 (refer to Note 15 Discontinued Operations ). Unless otherwise indicated, the disclosure
accompanying the Consolidated Financial Statements reflect the Companys continuing operations
On November 15, 2012, the Company announced a two -for-one split of both NIKE Class A and Cla
B Common shares. The stock split was a 100 percent stock dividend payable on December 24, 201
to shareholders of record at the close of business on December 10, 2012. Common stock began
trading at the split-adjusted price on December 26, 2012. All share numbers and per share amoun
presented reflect the stock split.

Recognition of Revenues Wholesale revenues are recognized when title and the risks and rewards
ownership have passed to the customer, based on the terms of sale. This occurs upon shipment or
upon receipt by the customer depending on the country of the sale and the agreement with the
customer. Retail store revenues are recorded at the time of sale and online store revenues are
recorded upon delivery to the customer. Provisions for post-invoice sales discounts, returns and
miscellaneous claims from customers are estimated and recorded as a reduction to revenue at the
time of sale. Post-invoice sales discounts consist of contractual programs with certain customers o
discretionary discounts that are expected to be granted to certain customers at a later date.
Estimates of discretionary discounts, returns and claims are based on historical rates, specific
identification of outstanding claims and outstanding returns not yet received from customers and
estimated discounts, returns and claims expected, but not yet finalized with customers. As of May
31, 2015 and 2014 , the Companys reserve balances for post-invoice sales discounts, returns and
miscellaneous claims were $724 million and $610 million , respectively.

Cost of Sales Cost of sales consists primarily of inventory costs, as well as warehousing costs
(including the cost of warehouse labor), third-party royalties, certain foreign currency hedge gains
and losses and research, design and development costs.

Shipping and Handling Costs Outbound shipping and handling costs are expensed as incurred and
included in Cost of sales .

Operating Overhead Expense Operating overhead expense consists primarily of payroll and benefi
related costs, rent, depreciation and amortization, professional services and meetings and travel.

Demand Creation Expense Demand creation expense consists of advertising and promotion costs,
including costs of endorsement contracts, television, digital and print advertising, brand events an
retail brand presentation. Advertising production costs are expensed the first time an advertiseme
is run. Advertising communication costs are expensed when the advertisement appears. Costs
related to brand events are expensed when the event occurs. Costs related to retail brand
presentation are expensed when the presentation is completed and delivered. A significant amoun
of the Companys promotional expenses result from payments under endorsement contracts.
Accounting for endorsement payments is based upon specific contract provisions. Generally,
endorsement payments are expensed on a straight-line basis over the term of the contract after
giving recognition to periodic performance compliance provisions of the contracts. Prepayments
made under contracts are included in Prepaid expenses and other current assets or Deferred incom
taxes and other assets depending on the period to which the prepayment applies. Certain contrac
provide for contingent payments to endorsers based upon specific achievements in their sports
(e.g., winning a championship). The Company records demand creation expense for these amount
when the endorser achieves the specific goal. Certain contracts provide for variable payments bas
upon endorsers maintaining a level of performance in their sport over an extended period of time
(e.g.,
maintaining
a specified
ranking
in a sport
for a year).
the Company
determines
Cash and
Equivalents
Cash and
equivalents
represent
cash When
and short-term,
highly
liquid
investments, including commercial paper, U.S. Treasury, U.S. Agency, money market funds, time
deposits and corporate debt securities with maturities of 90 days or less at the date of purchase.

Short-Term Investments Short-term investments consist of highly liquid investments, including

commercial paper, U.S. Treasury, U.S. Agency and corporate debt securities, with maturities over 9
days at the date of purchase. Debt securities that the Company has the ability and positive intent
hold to maturity are carried at amortized cost. At May 31, 2015 and 2014 , the Company did not
hold any short-term investments that were classified as trading or held-to-maturity. At May 31, 201
and 2014 , Short-term investments consisted of available-for-sale securities. Available-for-sale
securities are recorded at fair value with unrealized gains and losses reported, net of tax, in Other
comprehensive income , unless unrealized losses are determined to be other than temporary.
Realized gains and losses on the sale of securities are determined by specific identification. The
Company considers all available-for-sale securities, including those with maturity dates beyond 12
months, as available to support current operational liquidity needs and therefore classifies all
securities with maturity dates beyond 90 days at the date of purchase as current assets within
Short-term investments on the Consolidated Balance Sheets. Refer to Note 6 Fair Value
Measurements for more information on the Companys short-term investments.

Allowance for Uncollectible Accounts Receivable Accounts receivable consists primarily of amounts
receivable from customers. The Company makes ongoing estimates relating to the collectability of
its accounts receivable and maintains an allowance for estimated losses resulting from the inabilit
of its customers to make required payments. In determining the amount of the allowance, the
Company considers historical levels of credit losses and makes judgments about the
creditworthiness of significant customers based on ongoing credit evaluations. Accounts receivabl
with anticipated collection dates greater than 12 months from the balance sheet date and related
allowances are considered non-current and recorded in Deferred income taxes and other assets .
The allowance for uncollectible accounts receivable was $78 million and $78 million at May 31, 20
and 2014 , respectively, of which $24 million and $37 million , respectively, was classified as longterm and recorded in Deferred income taxes and other assets .

Inventory Valuation Inventories are stated at lower of cost or market and valued on either an
average or specific identification cost basis. For inventories in transit that represent direct shipmen
to customers, the related inventory and cost of sales are recognized on a specific identification
basis. Inventory costs primarily consist of product cost from the Company's suppliers, as well as
inbound freight, import duties, taxes, insurance and logistics and other handling fees.

Property, Plant and Equipment and Depreciation Property, plant and equipment are recorded at co
Depreciation is determined on a straight-line basis for buildings and leasehold improvements over
to 40 years and for machinery and equipment over 2 to 15 years. Depreciation and amortization o
assets used in manufacturing, warehousing and product distribution are recorded in Cost of sales .
Depreciation and amortization of other assets are recorded in Total selling and administrative
expense .

Software Development Costs Internal Use Software . Expenditures for major software purchases an
software developed for internal use are capitalized and amortized over a 2 to 10 year period on a
straight-line basis. The Companys policy provides for the capitalization of external direct costs of
materials and services associated with developing or obtaining internal use computer software. In
addition, the Company also capitalizes certain payroll and payroll-related costs for employees who
are directly associated with internal use computer software projects. The amount of capitalizable
payroll costs with respect to these employees is limited to the time directly spent on such projects
Costs associated with preliminary project stage activities, training, maintenance and all other post
implementation stage activities are expensed as incurred.

Computer Software to be Sold, Leased or Otherwise Marketed . Development costs of computer

software to be sold, leased or otherwise marketed as an integral part of a product are subject to
capitalization beginning when a products technological feasibility has been established and endin
when a product is available for general release to customers. In most instances, the Companys
products are released soon after technological feasibility has been established. Therefore, software
development costs incurred subsequent to achievement of technological feasibility are usually not
significant, and generally most software development costs have been expensed as incurred.

Impairment of Long-Lived Assets The Company reviews the carrying value of long-lived assets or
asset groups to be used in operations whenever events or changes in circumstances indicate that
the carrying amount of the assets might not be recoverable. Factors that would necessitate an
impairment assessment include a significant adverse change in the extent or manner in which an
asset is used, a significant adverse change in legal factors or the business climate that could affec
the value of the asset or a significant decline in the observable market value of an asset, among
others. If such facts indicate a potential impairment, the Company would assess the recoverability
an asset group by determining if the carrying value of the asset group exceeds the sum of the
projected undiscounted cash flows expected to result from the use and eventual disposition of the
assets over the remaining economic life of the primary asset in the asset group. If the recoverabili
test indicates that the carrying value of the asset group is not recoverable, the Company will
estimate the fair value of the asset group using appropriate valuation methodologies, which would
typically include an estimate of discounted cash flows. Any impairment would be measured as the
difference between the asset groups carrying amount and its estimated fair value.

Goodwill and Indefinite-Lived Intangible Assets The Company performs annual impairment tests on
goodwill and intangible assets with indefinite lives in the fourth quarter of each fiscal year, or whe
events occur or circumstances change that would, more likely than not, reduce the fair value of a
reporting unit or an intangible asset with an indefinite life below its carrying value. Events or
changes in circumstances that may trigger interim impairment reviews include significant changes
in business climate, operating results, planned investments in the reporting unit, planned
divestitures or an expectation that the carrying amount may not be recoverable, among other
factors. The Company may first assess qualitative factors to determine whether it is more likely th
not that the fair value of a reporting unit is less than its carrying amount. If, after assessing the
totality of events and circumstances, the Company determines that it is more likely than not that t
fair value of the reporting unit is greater than its carrying amount, the two-step impairment test is
unnecessary. The two-step impairment test first requires the Company to estimate the fair value o
its reporting units. If the carrying value of a reporting unit exceeds its fair value, the goodwill of th
reporting unit is potentially impaired and the Company proceeds to step two of the impairment
analysis. In step two of the analysis, the Company measures and records an impairment loss equa
to the excess of the carrying value of the reporting unit's goodwill over its implied fair value, if any
The
Company
generally
bases itsleases
measurement
of space,
the faircertain
value of
a reportingand
unit
on a blended
Operating
Leases
The Company
retail store
distribution
warehouse

facilities, office space and other non-real estate assets under operating leases. Operating lease
agreements may contain rent escalation clauses, rent holidays or certain landlord incentives,
including tenant improvement allowances. Rent expense for non-cancelable operating leases with
scheduled rent increases or landlord incentives are recognized on a straight-line basis over the lea
term, beginning with the effective lease commencement date, which is generally the date in which
the Company takes possession of or controls the physical use of the property. Certain leases also
provide for contingent rents, which are determined as a percent of sales in excess of specified
levels. A contingent rent liability is recognized together with the corresponding rent expense when
specified levels have been achieved or when the Company determines that achieving the specifie
levels during the period is probable.

Fair Value Measurements The Company measures certain financial assets and liabilities at fair valu
on a recurring basis, including derivatives and available-for-sale securities. Fair value is the price t
Company would receive to sell an asset or pay to transfer a liability in an orderly transaction with
market participant at the measurement date. The Company uses a three-level hierarchy establishe
by the Financial Accounting Standards Board ("FASB") that prioritizes fair value measurements bas
on the types of inputs used for the various valuation techniques (market approach, income approa
and cost approach). The levels of hierarchy are described below: Level 1: Quoted prices in active
markets for identical assets or liabilities. Level 2: Inputs other than quoted prices that are
observable for the asset or liability, either directly or indirectly; these include quoted prices for
similar assets or liabilities in active markets and quoted prices for identical or similar assets or
liabilities in markets that are not active. Level 3: Unobservable inputs for which there is little or n
market data available, which require the reporting entity to develop its own assumptions. The
Companys assessment of the significance of a particular input to the fair value measurement in it
entirety requires judgment and considers factors specific to the asset or liability. Financial assets a
liabilities are classified in their entirety based on the most conservative level of input that is
significant to the fair value measurement. Pricing vendors are utilized for certain Level 1 and Leve
investments. These vendors either provide a quoted market price in an active market or use

Foreign Currency Translation and Foreign Currency Transactions Adjustments resulting from
translating foreign functional currency financial statements into U.S. Dollars are included in the
foreign currency translation adjustment, a component of Accumulated other comprehensive incom
in Total shareholders equity . The Companys global subsidiaries have various assets and liabilitie
primarily receivables and payables, which are denominated in currencies other than their function
currency. These balance sheet items are subject to re-measurement, the impact of which is record
in Other (income) expense, net , within the Consolidated Statements of Income.

Accounting for Derivatives and Hedging Activities The Company uses derivative financial
instruments to reduce its exposure to changes in foreign currency exchange rates and interest rat
All derivatives are recorded at fair value on the Consolidated Balance Sheets and changes in the fa
value of derivative financial instruments are either recognized in Accumulated other comprehensiv
income (a component of Total shareholders equity ), Long-term debt or Net income depending on
the nature of the underlying exposure, whether the derivative is formally designated as a hedge
and, if designated, the extent to which the hedge is effective. The Company classifies the cash flo
at settlement from derivatives in the same category as the cash flows from the related hedged
items. For undesignated hedges and designated cash flow hedges, this is primarily within the Cash
provided by operations component of the Consolidated Statements of Cash Flows. For designated
net investment hedges, this is within the Cash used by investing activities component of the
Consolidated Statement of Cash Flows. For the Companys fair value hedges, which are interest ra
swaps used to mitigate the change in fair value of its fixed-rate debt attributable to changes in
interest rates, the related cash flows from periodic interest payments are reflected within the Cash
provided by operations component of the Consolidated Statements of Cash Flows. Refer to Note 1
Risk Management and Derivatives for more information on the Companys risk management
program
andCompensation
derivatives. The Company estimates the fair value of options and stock appreciatio
Stock-Based

rights granted under the NIKE, Inc. 1990 Stock Incentive Plan (the 1990 Plan) and employees
purchase rights under the Employee Stock Purchase Plans (ESPPs) using the Black-Scholes optio
pricing model. The Company recognizes this fair value, net of estimated forfeitures, as Operating
overhead expense in the Consolidated Statements of Income over the vesting period using the
straight-line method. Refer to Note 11 Common Stock and Stock-Based Compensation for more
information on the Companys stock programs.

Income Taxes The Company accounts for income taxes using the asset and liability method. This
approach requires the recognition of deferred tax assets and liabilities for the expected future tax
consequences of temporary differences between the carrying amounts and the tax basis of assets
and liabilities. The Company records a valuation allowance to reduce deferred tax assets to the
amount management believes is more likely than not to be realized. United States income taxes a
provided currently on financial statement earnings of non-U.S. subsidiaries that are expected to be
repatriated. The Company determines annually the amount of undistributed non-U.S. earnings to
invest indefinitely in its non-U.S. operations. The Company recognizes a tax benefit from uncertain
tax positions in the financial statements only when it is more likely than not that the position will b
sustained upon examination by relevant tax authorities. The Company recognizes interest and
penalties related to income tax matters in Income tax expense . Refer to Note 9 Income Taxes fo
further discussion.

Earnings Per Share Basic earnings per common share is calculated by dividing Net income by the
weighted average number of common shares outstanding during the year. Diluted earnings per
common share is calculated by adjusting weighted average outstanding shares, assuming
conversion of all potentially dilutive stock options and awards. Refer to Note 12 Earnings Per
Share for further discussion.

Management Estimates The preparation of financial statements in conformity with generally

accepted accounting principles requires management to make estimates, including estimates
relating to assumptions that affect the reported amounts of assets and liabilities and disclosure of
contingent assets and liabilities at the date of financial statements and the reported amounts of
revenues and expenses during the reporting period. Actual results could differ from these estimate

Recently Adopted Accounting Standards In July 2013, the FASB issued an accounting standards
update intended to provide guidance on the presentation of unrecognized tax benefits, reflecting
the manner in which an entity would settle, at the reporting date, any additional income taxes tha
would result from the disallowance of a tax position when net operating loss carryforwards, similar
tax losses or tax credit carryforwards exist. This accounting standard was effective for the Compan
beginning June 1, 2014 and early adoption was permitted. Management early adopted this guidan
and the adoption did not have a material impact on the Company's consolidated financial position
results of operations. In July 2012, the FASB issued an accounting standards update intended to
simplify how an entity tests indefinite-lived intangible assets other than goodwill for impairment b
providing entities with an option to perform a qualitative assessment to determine whether furthe
impairment testing is necessary. This accounting standards update was effective for the Company
beginning June 1, 2013. The adoption of this standard did not have a material impact on the
Company's consolidated financial position or results of operations. In December 2011, the FASB
issued guidance enhancing disclosure requirements surrounding the nature of an entitys right to
offset and related arrangements associated with its financial instruments and derivative
instruments. This new guidance requires companies to disclose both gross and net information
about instruments and transactions eligible for offset in the statement of financial position and

Summary of Significant Accounting Policies (Tables)

Disclosure Summary Of Significant Accounting Policies Additional Information [Abstrac

Schedule of Error Corrections and Prior Period Adjustments

12 Months Ended
May. 31, 2015

The following are selected line items from the Company's Unaudited Condensed Consolidated
Statements of Cash Flows illustrating the effect of these corrections: NIKE, Inc. Unaudited
Condensed Consolidated Statements of Cash Flows Three Months Ended August 31, 2014 Six
Months Ended November 30, 2014 (In millions) As Reported Adjustment As Revised As Reported
Adjustment As Revised Cash provided by operations: Net income $ 962 $ $ 962 $ 1,617 $ $
1,617 Income charges (credits) not affecting cash: Amortization and other (34 ) 42 8 (54 ) 69 15 N
foreign currency adjustments 53 53 243 243 Cash provided by operations 588 95 683 1,235
312 1,547 Effect of exchange rate changes on cash and equivalents 97 (95 ) 2 288 (312 ) (24 ) Ne
increase (decrease) in cash and equivalents 83 83 53 53 Cash and equivalents, beginning of
period 2,220 2,220 2,220 2,220 CASH AND EQUIVALENTS, END OF PERIOD $ 2,303 $ $ 2,3
$ 2,273 $ $ 2,273 The following are selected line items from the Company's Consolidated
Statements of Cash Flows illustrating the effect of these corrections on the amounts previously
reported in the Company's fiscal 2014 Annual Report on Form 10-K: NIKE, Inc. Consolidated
Statements of Cash Flows Year Ended May 31, 2014 Year Ended May 31, 2013 (In millions) As
Reported Adjustment As Revised As Reported Adjustment As Revised Cash provided by operations
Net income $ 2,693 $ $ 2,693 $ 2,472 $ $ 2,472 Income charges (credits) not affecting cash:
Amortization and other 114 (46 ) 68 66 (2 ) 64 Net foreign currency adjustments 56 56 66 66

Property, Plant and Equipment (Tables)

Property, Plant and Equipment [Abstract]
Schedule of Property, Plant and Equipment

12 Months Ended
May. 31, 2015
Property, plant and equipment, net included the following: As of May 31, (In millions) 2015 2014
Land $ 273 $ 270 Buildings 1,250 1,261 Machinery, equipment and internal-use software 3,329
3,376 Leasehold improvements 1,150 1,066 Construction in process 350 247 Total property, plant
and equipment, gross 6,352 6,220 Less accumulated depreciation 3,341 3,386 TOTAL PROPERTY,
PLANT AND EQUIPMENT, NET $ 3,011 $ 2,834

Accrued Liabilities (Tables)

Accrued Liabilities, Current [Abstract]
Schedule of Accrued Liabilities

12 Months Ended
May. 31, 2015

Accrued liabilities included the following: As of May 31, (In millions) 2015 2014 Compensation and
benefits, excluding taxes $ 997 $ 782 Collateral received from counterparties to hedging
instruments 968 Endorsement compensation 388 328 Dividends payable 240 209 Import and
logistics costs 207 127 Taxes other than income taxes 174 204 Fair value of derivatives 162 85
Advertising and marketing 117 133 Other (1) 698 623 TOTAL ACCRUED LIABILITIES $ 3,951 $ 2,49
(1) Other consists of various accrued expenses with no individual item accounting for more than 5
of the total Accrued liabilities balance at May 31, 2015 and 2014 .

Fair Value Measurements (Tables)

Fair Value Disclosures [Abstract]
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis

Schedule of Derivative Instruments in Statement of Financial Position, Fair Value

12 Months Ended
May. 31, 2015

The following tables present information about the Company's financial assets and liabilities
measured at fair value on a recurring basis as of May 31, 2015 and 2014 and indicate the fair valu
hierarchy of the valuation techniques utilized by the Company to determine such fair value. Refer
Note 1 Summary of Significant Accounting Policies for additional detail regarding the Company
fair value measurement methodology. As of May 31, 2015 (In millions) Assets at Fair Value Cash an
Cash Equivalents Short-term Investments Other Long-term Assets Cash $ 615 $ 615 $ $ Leve
1: U.S. Treasury securities 869 225 644 Level 2: Time deposits 684 684 U.S. Agency
securities 976 110 866 Commercial paper and bonds 914 352 562 Money market funds 1,866
1,866 Total level 2 4,440 3,012 1,428 Level 3: Non-marketable preferred stock 8 8
TOTAL $ 5,932 $ 3,852 $ 2,072 $ 8 As of May 31, 2014 (In millions) Assets at Fair Value Cash and
Cash Equivalents Short-term Investments Other Long-term Assets Cash $ 780 $ 780 $ $ Leve
1: U.S. Treasury securities 1,137 151 986 Level 2: Time deposits 227 227 U.S. Agency
securities 1,027 25 1,002 Commercial paper and bonds 959 25 934 Money market funds 1,01
1,012 Total level 2 3,225 1,289 1,936 Level 3: Non-marketable preferred stock 7 7
TOTAL $ 5,149 $ 2,220 $ 2,922 $ 7

The following tables present information about the Companys derivative assets and liabilities
measured at fair value on a recurring basis as of May 31, 2015 and May 31, 2014 , and indicate th
level in the fair value hierarchy in which the Company classifies the fair value measurement. As of
May 31, 2015 Derivative Assets Derivative Liabilities (In millions) Assets at Fair Value Other Curren
Assets Other Long-term Assets Liabilities at Fair Value Accrued Liabilities Other Long-term Liabilitie
Level 2: Foreign exchange forwards and options (1) $ 1,554 $ 1,034 $ 520 $ 164 $ 160 $ 4
Embedded derivatives 7 2 5 11 2 9 Interest rate swaps (2) 78 78 TOTAL $ 1,639 $ 1,114
525 $ 175 $ 162 $ 13 (1) If the foreign exchange derivative instruments had been netted in the
Consolidated Balance Sheets, the asset and liability positions each would have been reduced by
$161 million as of May 31, 2015 . As of that date, the Company had received $900 million of cash
collateral and $74 million of securities from various counterparties related to these foreign exchan
derivative instruments. No amount of collateral was posted on the Companys derivative liability
balance as of May 31, 2015 . (2) As of May 31, 2015 , the Company had received $68 million of ca
collateral related to its interest rate swaps. As of May 31, 2014 Derivative Assets Derivative
Liabilities (In millions) Assets at Fair Value Other Current Assets Other Long-term Assets Liabilities
Fair Value Accrued Liabilities Other Long-term Liabilities Level 2: Foreign exchange forwards and

Short-Term Borrowings and Credit Lines (Tables)

Debt Disclosure [Abstract]
Schedule of Short-term Debt

12 Months Ended
May. 31, 2015

Notes payable and interest-bearing accounts payable to Sojitz Corporation of America (Sojitz
America) as of May 31, 2015 and 2014 are summarized below: As of May 31, 2015 2014 (Dollars
millions) Borrowings Interest Rate Borrowings Interest Rate Notes payable: U.S. operations $ 0.0
% (1) $ 0.00 % (1) Non-U.S. operations 74 12.39 % (1) 167 10.04 % (1) TOTAL NOTES PAYABLE $
74 $ 167 Interest-bearing accounts payable: Sojitz America $ 78 0.98 % $ 60 0.94 % (1) Weighted
average interest rate includes non-interest bearing overdrafts.

Long-Term Debt (Tables)

Long-term Debt Disclosure [Abstract]
Schedule of Long-term Debt Instruments

12 Months Ended
May. 31, 2015

Long-term debt , net of unamortized premiums and discounts and swap fair value adjustments,
comprises the following : Book Value Outstanding As of May 31, Scheduled Maturity (Dollars and Y
in millions) Original Principal Interest Rate Interest Payments 2015 2014 Corporate Bond Payables:
(4) October 15, 2015 (1) $ 100 5.15 % Semi-Annually $ 101 $ 108 May 1, 2023 (5) $ 500 2.25 %
Semi-Annually 499 499 May 1, 2043 (5) $ 500 3.63 % Semi-Annually 499 499 Promissory Notes:
April 1, 2017 (2) $ 40 6.20 % Monthly 39 39 January 1, 2018 (2) $ 19 6.79 % Monthly 19 19
Japanese Yen Notes: August 20, 2001 through November 20, 2020 (3) 9,000 2.60 % Quarterly 20
29 August 20, 2001 through November 20, 2020 (3) 4,000 2.00 % Quarterly 9 13 Total 1,186 1,2
Less current maturities 107 7 TOTAL LONG-TERM DEBT $ 1,079 $ 1,199 (1) The Company has
entered into interest rate swap agreements whereby the Company receives fixed interest paymen
at the same rate as the note and pays variable interest payments based on the six -month LIBOR
plus a spread. The swaps have the same notional amount and maturity date as the corresponding
note. At May 31, 2015 , the interest rates payable on these swap agreements ranged from
approximately 0.3% to 0.5% . (2) The Company assumed a total of $59 million in bonds payable a
part of its agreement to purchase certain Corporate properties; this was treated as a non-cash
financing transaction. The property serves as collateral for the debt. The purchase of these
properties was accounted for as a business combination where the total consideration of $85 milli

Income Taxes (Tables)

Income Tax Disclosure [Abstract]
Schedule of Income before Income Tax, Domestic and Foreign

Schedule of Components of Income Tax Expense (Benefit)

Schedule of Effective Income Tax Rate Reconciliation

Schedule of Deferred Tax Assets and Liabilities

Unrecognized Tax Benefits Reconciliation

Summary of Operating Loss Carryforwards

12 Months Ended
May. 31, 2015

Income before income taxes is as follows: Year Ended May 31, (In millions) 2015 2014 2013 Incom
before income taxes: United States $ 1,967 $ 3,066 $ 1,231 Foreign 2,238 478 2,025 TOTAL INCOM
BEFORE INCOME TAXES $ 4,205 $ 3,544 $ 3,256

The provision for income taxes is as follows: Year Ended May 31, (In millions) 2015 2014 2013
Current: United States Federal $ 596 $ 259 $ 378 State 80 104 79 Foreign 369 499 442 Total 1,045
862 899 Deferred: United States Federal (66 ) 19 (4 ) State (11 ) (3 ) (4 ) Foreign (36 ) (27 ) (86 )
Total (113 ) (11 ) (94 ) TOTAL INCOME TAX EXPENSE $ 932 $ 851 $ 805

A reconciliation from the U.S. statutory federal income tax rate to the effective income tax rate is
follows: Year Ended May 31, 2015 2014 2013 Federal income tax rate 35.0 % 35.0 % 35.0 % State
taxes, net of federal benefit 0.9 % 1.8 % 1.4 % Foreign earnings -15.7 % 2.2 % -11.8 % Deferred
charge 0.9 % -14.6 % 0.0 % Other, net 1.1 % -0.4 % 0.1 % EFFECTIVE INCOME TAX RATE 22.2 % 24
% 24.7 %

Deferred tax assets and (liabilities) comprise the following: As of May 31, (In millions) 2015 2014
Deferred tax assets: Allowance for doubtful accounts $ 11 $ 11 Inventories 59 49 Sales return
reserves 143 113 Deferred compensation 258 211 Stock-based compensation 179 162 Reserves a
accrued liabilities 92 95 Net operating loss carry-forwards 10 16 Undistributed earnings of foreign
subsidiaries 149 194 Other 76 51 Total deferred tax assets 977 902 Valuation allowance (9 ) (9 )
Total deferred tax assets after valuation allowance 968 893 Deferred tax liabilities: Property, plant
and equipment (220 ) (237 ) Intangibles (93 ) (94 ) Other (38 ) (2 ) Total deferred tax liability (351
(333 ) NET DEFERRED TAX ASSET $ 617 $ 560

The following is a reconciliation of the changes in the gross balance of unrecognized tax benefits:
of May 31, (In millions) 2015 2014 2013 Unrecognized tax benefits, beginning of the period $ 506
447 $ 285 Gross increases related to prior period tax positions (1) 32 814 77 Gross decreases
related to prior period tax positions (1) (123 ) (166 ) (3 ) Gross increases related to current period
tax positions 82 125 130 Gross decreases related to current period tax positions (9 ) (30 ) (9 )
Settlements (1) (27 ) (676 ) Lapse of statute of limitations (10 ) (4 ) (21 ) Changes due to curren
translation (13 ) (4 ) (12 ) UNRECOGNIZED TAX BENEFITS, END OF THE PERIOD $ 438 $ 506 $ 447
(1) During the fourth quarter of the fiscal year ended May 31, 2014 , the Company reached a
resolution with the IRS on a U.S. Unilateral Advanced Pricing Agreement that covers intercompany
transfer pricing for fiscal years 2011 through 2020. As a result, the Company recorded a gross
increase in unrecognized tax benefits related to prior period tax positions, a gross decrease in
unrecognized tax benefits related to prior period tax positions and a settlement. The net impact of
these items resulted in a decrease to unrecognized tax benefits.
The Company has available domestic and foreign loss carry-forwards of $36 million at May 31,
2015 . Such losses will expire as follows: Year Ending May 31, (In millions) 2016 2017 2018 2019
2020-2035 Indefinite Total Net operating losses $ $ $ 4 $ 1 $ 17 $ 14 $ 36

Common Stock and Stock-Based Compensation (Tables)

Common Stock and Stock-based Compensation [Abstract]

Schedule of Compensation Cost for Share-based Payment Arrangements, Allocation of Share-base
Compensation Costs by Plan

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions

Schedule of Share-based Compensation, Stock Options, Activity

12 Months Ended
May. 31, 2015

The following table summarizes the Companys total stock-based compensation expense recogniz
in Operating overhead expense : Year Ended May 31, (In millions) 2015 2014 2013 Stock options (
$ 136 $ 125 $ 123 ESPPs 24 22 19 Restricted stock 31 30 32 TOTAL STOCK-BASED COMPENSATION
EXPENSE $ 191 $ 177 $ 174 (1) Expense for stock options includes the expense associated with
stock appreciation rights. Accelerated stock option expense is recorded for employees eligible for
accelerated stock option vesting upon retirement. Accelerated stock option expense for the years
ended May 31, 2015 , 2014 and 2013 was $19 million , $15 million and $22 million , respectively.

The weighted average assumptions used to estimate these fair values are as follows: Year Ended
May 31, 2015 2014 2013 Dividend yield 1.2 % 1.3 % 1.5 % Expected volatility 23.6 % 27.9 % 35.0
Weighted average expected life (in years) 5.8 5.3 5.3 Risk-free interest rate 1.7 % 1.3 % 0.6 %

The following summarizes the stock option transactions under the plan discussed above: Shares (1
Weighted Average Option Price (In millions) Options outstanding May 31, 2012 64.3 $ 30.59
Exercised (9.9 ) 24.70 Forfeited (1.3 ) 40.14 Granted 14.6 46.55 Options outstanding May 31, 2013
67.7 $ 34.72 Exercised (11.0 ) 28.29 Forfeited (1.3 ) 48.33 Granted 8.1 63.54 Options outstanding
May 31, 2014 63.5 $ 39.28 Exercised (13.6 ) 30.78 Forfeited (1.0 ) 59.02 Granted 9.2 77.68 Option
outstanding May 31, 2015 58.1 $ 47.00 Options exercisable at May 31, 2013 35.9 $ 27.70 2014 37
31.42 2015 34.3 36.53 (1) Includes stock appreciation rights transactions.

Earnings Per Share (Tables)

Earnings Per Share [Abstract]
Schedule of Earnings Per Share, Basic and Diluted

12 Months Ended
May. 31, 2015

The following is a reconciliation from Basic earnings per common share to Diluted earnings per
common share. The computation of Diluted earnings per common share omitted options to purcha
an additional 0.1 million , 0.1 million and 0.1 million shares of common stock outstanding for the
years ended May 31, 2015 , 2014 and 2013 , respectively, because the options were anti-dilutive.
Year Ended May 31, (In millions, except per share data) 2015 2014 2013 Determination of shares:
Weighted average common shares outstanding 861.7 883.4 897.3 Assumed conversion of dilutive
stock options and awards 22.7 22.4 19.1 DILUTED WEIGHTED AVERAGE COMMON SHARES
OUTSTANDING 884.4 905.8 916.4 Earnings per common share from continuing operations: Basic $
3.80 $ 3.05 $ 2.74 Diluted $ 3.70 $ 2.97 $ 2.68 Earnings per common share from discontinued
operations: Basic $ $ $ 0.02 Diluted $ $ $ 0.02 Basic earnings per common share for NIK
Inc. $ 3.80 $ 3.05 $ 2.76 Diluted earnings per common share for NIKE, Inc. $ 3.70 $ 2.97 $ 2.70

Accumulated Other Comprehensive Income (Tables)

Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
Schedule of Accumulated Other Comprehensive Income

Reclassification out of Accumulated Other Comprehensive Income

12 Months Ended
May. 31, 2015

The changes in Accumulated other comprehensive income , net of tax, were as follows: (In millions
Foreign Currency Translation Adjustment (1) Cash Flow Hedges Net Investment Hedges (1) Other
Total Balance at May 31, 2014 $ 9 $ 32 $ 95 $ (51 ) $ 85 Other comprehensive gains (losses) befor
reclassifications (2) (20 ) 1,447 33 1,460 Reclassifications to net income of previously deferred
(gains) losses (3) (259 ) (40 ) (299 ) Other comprehensive income (loss) (20 ) 1,188 (7 )
1,161 Balance at May 31, 2015 $ (11 ) $ 1,220 $ 95 $ (58 ) $ 1,246 (1) The accumulated foreign
currency translation adjustment and net investment hedge gains/losses related to an investment i
a foreign subsidiary are reclassified to Net income upon sale or upon complete or substantially
complete liquidation of the respective entity. (2) Net of tax benefit (expense) of $ 0 million , $ (33)
million , $ 0 million , $ 0 million and $ (33) million , respectively. (3) Net of tax (benefit) expense o
0 million , $ 2 million , $ 0 million , $ 0 million and $ 2 million , respectively. (In millions) Foreign
Currency Translation Adjustment (1) Cash Flow Hedges Net Investment Hedges (1) Other Total
Balance at May 31, 2013 $ 41 $ 193 $ 95 $ (55 ) $ 274 Other comprehensive gains (losses) before
reclassifications (2) (32 ) (134 ) (166 ) Reclassifications to net income of previously deferred
(gains) losses (3) (27 ) 4 (23 ) Other comprehensive income (loss) (32 ) (161 ) 4 (189 )
Balance
at May
31, summarizes
2014 $ 9 $ 32
$ 95
$ (51 ) $ 85 (1)
TheAccumulated
accumulatedother
foreign
currency translati
The
following
table
the
reclassifications
from
comprehensive
incom
to the Consolidated Statements of Income: Amount of Gain (Loss) Reclassified from Accumulated
Other Comprehensive Income into Income Location of Gain (Loss) Reclassified from Accumulated
Other Comprehensive Income into Income Year Ended May 31, (In millions) 2015 2014 Gains (losse
on cash flow hedges: Foreign exchange forwards and options $ (95 ) $ 14 Revenues Foreign
exchange forwards and options 220 12 Cost of sales Foreign exchange forwards and options
Total selling and administrative expense Foreign exchange forwards and options 136 10 Other
(income) expense, net Total before tax 261 36 Tax expense (2 ) (9 ) Gain, net of tax 259 27 Gains
(losses) on other 40 (4 ) Other (income) expense, net Total before tax 40 (4 ) Tax expense Ga
(loss), net of tax 40 (4 ) Total net gain reclassified for the period $ 299 $ 23

Discontinued Operations (Tables)

Discontinued Operations and Disposal Groups [Abstract]
Summarized results from discontinued operations

12 Months Ended
May. 31, 2015

Summarized results of the Company's discontinued operations are as follows: Year Ended May 31,
(In millions) 2015 2014 2013 Revenues $ $ $ 523 Income before income taxes 108
Income tax expense 87 NET INCOME FROM DISCONTINUED OPERATIONS $ $ $ 21

Commitments and Contingencies (Tables)

Commitments and Contingencies Disclosure [Abstract]
Schedule of Future Minimum Lease Payments for Capital Leases

Schedule of Future Minimum Lease Payments for Operating Leases

12 Months Ended
May. 31, 2015
Amounts of minimum future annual commitments under non-cancelable operating and capital
leases are as follows (in millions): 2016 2017 2018 2019 2020 Thereafter Total Operating leases $
447 $ 423 $ 371 $ 311 $ 268 $ 1,154 $ 2,974 Capital leases $ 2 $ 2 $ 1 $ $ $ $ 5
Amounts of minimum future annual commitments under non-cancelable operating and capital
leases are as follows (in millions): 2016 2017 2018 2019 2020 Thereafter Total Operating leases $
447 $ 423 $ 371 $ 311 $ 268 $ 1,154 $ 2,974 Capital leases $ 2 $ 2 $ 1 $ $ $ $ 5

Risk Management and Derivatives (Tables)

Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value

Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance

12 Months Ended
May. 31, 2015

The following tables present information about the Companys derivative assets and liabilities
measured at fair value on a recurring basis as of May 31, 2015 and May 31, 2014 , and indicate th
level in the fair value hierarchy in which the Company classifies the fair value measurement. As of
May 31, 2015 Derivative Assets Derivative Liabilities (In millions) Assets at Fair Value Other Curren
Assets Other Long-term Assets Liabilities at Fair Value Accrued Liabilities Other Long-term Liabilitie
Level 2: Foreign exchange forwards and options (1) $ 1,554 $ 1,034 $ 520 $ 164 $ 160 $ 4
Embedded derivatives 7 2 5 11 2 9 Interest rate swaps (2) 78 78 TOTAL $ 1,639 $ 1,114
525 $ 175 $ 162 $ 13 (1) If the foreign exchange derivative instruments had been netted in the
Consolidated Balance Sheets, the asset and liability positions each would have been reduced by
$161 million as of May 31, 2015 . As of that date, the Company had received $900 million of cash
collateral and $74 million of securities from various counterparties related to these foreign exchan
derivative instruments. No amount of collateral was posted on the Companys derivative liability
balance as of May 31, 2015 . (2) As of May 31, 2015 , the Company had received $68 million of ca
collateral related to its interest rate swaps. As of May 31, 2014 Derivative Assets Derivative
Liabilities (In millions) Assets at Fair Value Other Current Assets Other Long-term Assets Liabilities
Fair Value
Accrued
Liabilities
Other
Long-term
Liabilities
Level 2: Foreign
exchange
and
The
following
tables
present the
amounts
affecting
the Consolidated
Statements
offorwards
Income for
yea
ended May 31, 2015 , 2014 and 2013 : (In millions) Amount of Gain (Loss) Recognized in Other
Comprehensive Income on Derivatives (1) Amount of Gain (Loss) Reclassified From Accumulated
Other Comprehensive Income into Income (1) Year Ended May 31, Location of Gain (Loss)
Reclassified From Accumulated Other Comprehensive Income Into Income (1) Year Ended May 31,
2015 2014 2013 2015 2014 2013 Derivatives designated as cash flow hedges: Foreign exchange
forwards and options $ (202 ) $ (48 ) $ 42 Revenues $ (95 ) $ 14 $ (19 ) Foreign exchange forward
and options 1,109 (78 ) 67 Cost of sales 220 12 113 Foreign exchange forwards and options 4 (3
Total selling and administrative expense 2 Foreign exchange forwards and options 497 (21 ) 3
Other (income) expense, net 136 10 9 Interest rate swaps 76 Interest expense (income), net
Total designated cash flow hedges $ 1,480 $ (143 ) $ 139 $ 261 $ 36 $ 105 Derivatives
designated as net investment hedges: Foreign exchange forwards and options $ $ $ Other
(income) expense, net $ $ $ (1) For the years ended May 31, 2015 , 2014 and 2013 , the
amounts recorded in Other (income) expense, net as a result of hedge ineffectiveness and the
discontinuance of cash flow hedges because the forecasted transactions were no longer probable
occurring were immaterial. Amount of Gain (Loss) Recognized in Income on Derivatives Location o
Gain (Loss) Recognized in Income on Derivatives Year Ended May 31, (In millions) 2015 2014 2013

Operating Segments and Related Information (Tables)

Segment Reporting [Abstract]
Schedule of Segment Reporting Information, by Segment

Reconciliation of Assets from Segment to Consolidated

Revenue from External Customers by Products and Services

12 Months Ended
May. 31, 2015

Accounts receivable, net , Inventories and Property, plant and equipment, net for operating
segments are regularly reviewed by management and are therefore provided below. Additions to
long-lived assets as presented in the following table represent capital expenditures. Certain prior
year amounts have been reclassified to conform to fiscal 2015 presentation. Year Ended May 31, (
millions) 2015 2014 2013 REVENUES North America $ 13,740 $ 12,299 $ 11,158 Western Europe
5,709 4,979 4,193 Central & Eastern Europe 1,417 1,387 1,229 Greater China 3,067 2,602 2,478
Japan 755 771 876 Emerging Markets 3,898 3,949 3,832 Global Brand Divisions 115 125 115 Total
NIKE Brand 28,701 26,112 23,881 Converse 1,982 1,684 1,449 Corporate (82 ) 3 (17 ) TOTAL NIKE
CONSOLIDATED REVENUES $ 30,601 $ 27,799 $ 25,313 EARNINGS BEFORE INTEREST AND TAXES
North America $ 3,645 $ 3,077 $ 2,639 Western Europe 1,277 855 643 Central & Eastern Europe
247 279 234 Greater China 993 816 813 Japan 100 131 139 Emerging Markets 818 952 985 Globa
Brand Divisions (2,263 ) (1,993 ) (1,716 ) Total NIKE Brand 4,817 4,117 3,737 Converse 517 496 4
Corporate (1,101 ) (1,036 ) (909 ) Total NIKE Consolidated Earnings Before Interest and Taxes 4,23
3,577 3,253 Interest expense (income), net 28 33 (3 ) TOTAL NIKE CONSOLIDATED EARNINGS
BEFORE TAXES $ 4,205 $ 3,544 $ 3,256 ADDITIONS TO LONG-LIVED ASSETS North America $ 208
240 $ 132 Western Europe 216 120 75 Central & Eastern Europe 20 19 22 Greater China 69 63 52
Japan
7 Emerging
Markets
55 50
Global Brand
DivisionsNET
225North
225 270
Total NIKE
Brand
790
As of 15
May9 31,
(In millions)
201537
2014
ACCOUNTS
RECEIVABLE,
America
$ 1,737
$ 1,50
Western Europe 344 341 Central & Eastern Europe 242 280 Greater China 84 68 Japan 134 162
Emerging Markets 461 819 Global Brand Divisions 88 71 Total NIKE Brand 3,090 3,246 Converse 2
171 Corporate 10 17 TOTAL ACCOUNTS RECEIVABLE, NET $ 3,358 $ 3,434 INVENTORIES North
America $ 2,207 $ 1,758 Western Europe 699 711 Central & Eastern Europe 169 271 Greater Chin
249 221 Japan 94 94 Emerging Markets 528 633 Global Brand Divisions 32 18 Total NIKE Brand
3,978 3,706 Converse 237 261 Corporate 122 (20 ) TOTAL INVENTORIES $ 4,337 $ 3,947 PROPERT
PLANT AND EQUIPMENT, NET North America $ 632 $ 545 Western Europe 451 384 Central & Easte
Europe 47 51 Greater China 254 232 Japan 205 258 Emerging Markets 103 115 Global Brand
Divisions 484 537 Total NIKE Brand 2,176 2,122 Converse 122 70 Corporate 713 642 TOTAL
PROPERTY, PLANT AND EQUIPMENT, NET $ 3,011 $ 2,834

Revenues by Major Product Lines Revenues to external customers for NIKE Brand products are
attributable to sales of footwear, apparel and equipment. Other revenues to external customers
consist primarily of sales by Converse. Year Ended May 31, (In millions) 2015 2014 2013 Footwear
18,318 $ 16,208 $ 14,635 Apparel 8,636 8,109 7,491 Equipment 1,632 1,670 1,640 Other 2,015
1,812 1,547 TOTAL NIKE CONSOLIDATED REVENUES $ 30,601 $ 27,799 $ 25,313

Summary of Significant Accounting Policies - Additional Information (Detail)

Significant Accounting Policies [Line Items]
Assets of disposal group, including intangibles, goodwill and fixed assets
Liabilities of disposal group
Stock split ratio for 100 percent of stock dividend declared
Dividend payable as result of stock split (as a percent)
Reserve balances for sales discounts, returns and miscellaneous claims
Total advertising and promotion expenses
Prepaid advertising and promotion expenses
Allowance for uncollectible accounts receivable
Net increase (decrease) in cash and equivalents
Cash and equivalents (Note 6)
Minimum | Building
Significant Accounting Policies [Line Items]
Property, plant and equipment, minimum useful life (in years)
Minimum | Leasehold improvements
Significant Accounting Policies [Line Items]
Property, plant and equipment, minimum useful life (in years)
Minimum | Machinery and Equipment
Significant Accounting Policies [Line Items]
Property, plant and equipment, minimum useful life (in years)
Minimum | Software and Software Development Costs
Significant Accounting Policies [Line Items]
Property, plant and equipment, minimum useful life (in years)
Maximum | Building
Significant Accounting Policies [Line Items]
Property, plant and equipment, minimum useful life (in years)
Maximum | Leasehold improvements
Significant Accounting Policies [Line Items]
Property, plant and equipment, minimum useful life (in years)
Maximum | Machinery and Equipment
Significant Accounting Policies [Line Items]
Property, plant and equipment, minimum useful life (in years)
Maximum | Software and Software Development Costs
Significant Accounting Policies [Line Items]
Property, plant and equipment, minimum useful life (in years)
Class B Common Stock
Significant Accounting Policies [Line Items]
Stock split ratio for 100 percent of stock dividend declared
Class A Convertible Common Stock
Significant Accounting Policies [Line Items]
Stock split ratio for 100 percent of stock dividend declared
Other Noncurrent Assets
Significant Accounting Policies [Line Items]
Allowance for uncollectible accounts receivable
Prior Period Revisions to Foreign Currency Adjustments

Significant Accounting Policies [Line Items]

Net increase (decrease) in cash and equivalents
Scenario, Adjustment | Prior Period Revisions to Foreign Currency Adjustments
Significant Accounting Policies [Line Items]
Net increase (decrease) in cash and equivalents
Cash and equivalents (Note 6)

Nov. 15, 2012

Aug. 31, 2014USD ($)

Nov. 30, 2014USD ($)

$ 83,000,000
2,303,000,000

$ 53,000,000
2,273,000,000

0
$0

0
$0

May. 31, 2015USD ($)

$0
0

724,000,000
3,213,000,000
455,000,000
78,000,000
1,632,000,000
$ 3,852,000,000

May. 31, 2014USD ($)

$0
0

610,000,000
3,031,000,000
516,000,000
78,000,000
(1,117,000,000)
2,220,000,000

2 years

2 years

2 years

2 years

40 years

40 years

15 years

10 years

$ 24,000,000

May. 31, 2013USD ($)

37,000,000

$ 2,745,000,000

1,083,000,000
3,337,000,000

$0

0
$0

0
$0

Dec. 24, 2012

May. 31, 2012USD ($)

100.00%

$ 2,254,000,000

$0

Summary of Significant Accounting Policies - Revisions (Details) - USD ($) $ in Million

Cash provided by operations:
Net income
Amortization and other
Net foreign currency adjustments
Cash provided by operations
Cash used by investing activities:
Effect of exchange rate changes on cash and equivalents
Cash used by financing activities:
Net increase (decrease) in cash and equivalents
Cash and equivalents, beginning of year
CASH AND EQUIVALENTS, END OF YEAR
As Reported
Cash provided by operations:
Net income
Amortization and other
Net foreign currency adjustments
Cash provided by operations
Cash used by investing activities:
Effect of exchange rate changes on cash and equivalents
Cash used by financing activities:
Net increase (decrease) in cash and equivalents
Cash and equivalents, beginning of year
CASH AND EQUIVALENTS, END OF YEAR
Prior Period Revisions to Foreign Currency Adjustments
Cash used by financing activities:
Net increase (decrease) in cash and equivalents
Prior Period Revisions to Foreign Currency Adjustments | Scenario, Adjustment
Cash provided by operations:
Net income
Amortization and other
Net foreign currency adjustments
Cash provided by operations
Cash used by investing activities:
Effect of exchange rate changes on cash and equivalents
Cash used by financing activities:
Net increase (decrease) in cash and equivalents
Cash and equivalents, beginning of year
CASH AND EQUIVALENTS, END OF YEAR

3 Months Ended

6 Months Ended

Aug. 31, 2014

Nov. 30, 2014

$ 962
8
53
683
2
83
2,220
2,303

962
(34)
0
588

$ 1,617
15
243
1,547
(24)
53
2,220
2,273

12 Months Ended
May. 31, 2015

May. 31, 2014

$ 3,273
43
424
4,680
(83)
1,632
2,220
3,852

1,617
(54)
0
1,235

97

288

83
2,220
2,303

53
2,220
2,273

$ 2,693
68
56
3,013
(9)
(1,117)
3,337
2,220

2,693
114
0
3,003
1

2,220

(1,117)
3,337
2,220

0
42
53
95

0
69
243
312

0
(46)
56
10

(95)

(312)

(10)

0
0
$0

0
0
$0

0
0
$0

0
$0

hs Ended
May. 31, 2013
$ 2,472
64
66
3,032
36
1,083
2,254
3,337

2,472
66
0
2,968
100
1,083
2,254
3,337

0
(2)
66
64
(64)
0
0
$0

Inventories - Additional Information (Detail) - USD ($) $ in Millions

Inventory Disclosure [Abstract]
Inventory balances, were substantially all finished goods

May. 31, 2015

$ 4,337

May. 31, 2014

$ 3,947

Property Plant and Equipment (Detail) - USD ($) $ in Millions

Property, Plant and Equipment [Line Items]
Total property, plant and equipment, gross
Less accumulated depreciation
TOTAL PROPERTY, PLANT AND EQUIPMENT, NET
Land
Property, Plant and Equipment [Line Items]
Total property, plant and equipment, gross
Buildings
Property, Plant and Equipment [Line Items]
Total property, plant and equipment, gross
Machinery, equipment and internal-use software
Property, Plant and Equipment [Line Items]
Total property, plant and equipment, gross
Capital lease obligations
Leasehold improvements
Property, Plant and Equipment [Line Items]
Total property, plant and equipment, gross
Construction in process
Property, Plant and Equipment [Line Items]
Total property, plant and equipment, gross

May. 31, 2015

May. 31, 2014

$ 6,352
3,341
3,011

$ 6,220
3,386
2,834

273

270

1,250

1,261

3,329
5

3,376
74

1,150

1,066

$ 350

$ 247

Identified Intangible Assets and Goodwill - Additional Information (Detail) - USD ($)
Goodwill and Intangible Assets Disclosure [Line Items]
Indefinite-lived trademarks
Goodwill
Goodwill, Impaired, Accumulated Impairment Loss
Converse
Goodwill and Intangible Assets Disclosure [Line Items]
Goodwill
Acquired Trademarks and Other Intangibles
Goodwill and Intangible Assets Disclosure [Line Items]
Finite-Lived Intangible Assets, Gross

May. 31, 2015

May. 31, 2014

$ 281,000,000
131,000,000
0

$ 282,000,000
131,000,000
0

65,000,000

64,000,000

$ 17,000,000

$ 39,000,000

Accrued Liabilities (Detail) - US

Accrued Liabilities, Current [Abstract]
Compensation and benefits, excluding taxes
Collateral received from counterparties to hedging instruments
Endorsement compensation
Dividends payable
Import and logistics costs
Taxes other than income taxes
Fair value of derivatives
Advertising and marketing
Other
TOTAL ACCRUED LIABILITIES
Maximum percent of accrued liabilities to be included in Other
[1]

ed Liabilities (Detail) - USD ($) $ in Millions

[1]

Other consists of various accrued expenses with no individual item accounting for more than 5% o
liabilities balance at May31, 2015 and 2014.

May. 31, 2015

May. 31, 2014

$ 997
968
388
240
207
174
162
117
698
$ 3,951
5.00%

an 5% of the total Accrued

$ 782
0
328
209
127
204
85
133
623
$ 2,491
5.00%

Fair Value Measurements Financial Assets and Liabilities Measured at Fair Value on
Recurring Basis (Detail) - Fair Value, Measurements, Recurring - USD ($) $ in Millions
Assets, Fair Value Disclosure [Abstract]
Cash
Assets at Fair Value
Cash and Cash Equivalents
Short-term Investments
Other Long-term Assets
Fair Value, Inputs, Level 1 [Member] | U.S. Treasury securities
Assets, Fair Value Disclosure [Abstract]
Assets at Fair Value
Cash and Cash Equivalents
Short-term Investments
Other Long-term Assets
Fair Value, Inputs, Level 2 [Member]
Assets, Fair Value Disclosure [Abstract]
Assets at Fair Value
Cash and Cash Equivalents
Short-term Investments
Other Long-term Assets
Fair Value, Inputs, Level 2 [Member] | Time deposits
Assets, Fair Value Disclosure [Abstract]
Assets at Fair Value
Cash and Cash Equivalents
Short-term Investments
Other Long-term Assets
Fair Value, Inputs, Level 2 [Member] | U.S. Agency securities
Assets, Fair Value Disclosure [Abstract]
Assets at Fair Value
Cash and Cash Equivalents
Short-term Investments
Other Long-term Assets
Fair Value, Inputs, Level 2 [Member] | Commercial paper and bonds
Assets, Fair Value Disclosure [Abstract]
Assets at Fair Value
Cash and Cash Equivalents
Short-term Investments
Other Long-term Assets
Fair Value, Inputs, Level 2 [Member] | Money market funds
Assets, Fair Value Disclosure [Abstract]
Assets at Fair Value
Cash and Cash Equivalents
Short-term Investments
Other Long-term Assets
Fair Value, Inputs, Level 3 [Member] | Non-marketable preferred stock
Assets, Fair Value Disclosure [Abstract]

Assets at Fair Value

Cash and Cash Equivalents
Short-term Investments
Other Long-term Assets

May. 31, 2015

May. 31, 2014

$ 615
5,932
3,852
2,072
8

$ 780
5,149
2,220
2,922
7

869
225
644
0

1,137
151
986
0

4,440
3,012
1,428
0

3,225
1,289
1,936
0

684
684
0
0

227
227
0
0

976
110
866
0

1,027
25
1,002
0

914
352
562
0

959
25
934
0

1,866
1,866
0
0

1,012
1,012
0
0

8
0
0
$8

7
0
0
$7

Fair Value Measurements Derivative Assets and Liabilities at Fair Value (Detail) - USD (
Derivatives, Fair Value [Line Items]
Accrued Liabilities
Collateral received from counterparties to hedging instruments
Fair Value Transfers Between Fair Value Hierarchy Levels
Assets, Fair Value Disclosure, Nonrecurring
Liabilities, Fair Value Disclosure, Nonrecurring
Fair Value, Measurements, Recurring
Derivatives, Fair Value [Line Items]
Reduction in derivative liabilities if netted
Fair Value, Inputs, Level 2 [Member] | Fair Value, Measurements, Recurring
Derivatives, Fair Value [Line Items]
Assets at Fair Value
Other Current Assets
Other Long-term Assets
Liabilities at Fair Value
Accrued Liabilities
Other Long-term Liabilities
Fair Value, Inputs, Level 2 [Member] | Fair Value, Measurements, Recurring | Foreign Exchange
Contract [Member]

Derivatives, Fair Value [Line Items]

Assets at Fair Value
Other Current Assets
Other Long-term Assets
Liabilities at Fair Value
Accrued Liabilities
Other Long-term Liabilities
Fair Value, Inputs, Level 2 [Member] | Fair Value, Measurements, Recurring | Embedded derivatives
Derivatives, Fair Value [Line Items]
Assets at Fair Value
Other Current Assets
Other Long-term Assets
Liabilities at Fair Value
Accrued Liabilities
Other Long-term Liabilities
Fair Value, Inputs, Level 2 [Member] | Fair Value, Measurements, Recurring | Interest rate swaps
Derivatives, Fair Value [Line Items]
Assets at Fair Value
Other Current Assets
Other Long-term Assets
Liabilities at Fair Value
Accrued Liabilities
Other Long-term Liabilities

Cash and Cash Equivalents

Derivatives, Fair Value [Line Items]
Collateral received from counterparties to hedging instruments
Cash and Cash Equivalents | Foreign Exchange Contract [Member]
Derivatives, Fair Value [Line Items]
Collateral received from counterparties to hedging instruments
Derivative Liability, Fair Value of Collateral
Cash and Cash Equivalents | Interest rate swaps
Derivatives, Fair Value [Line Items]
Collateral received from counterparties to hedging instruments
Securities Pledged as Collateral
Derivatives, Fair Value [Line Items]
Collateral received from counterparties to hedging instruments
Securities Pledged as Collateral | Interest rate swaps
Derivatives, Fair Value [Line Items]
Collateral received from counterparties to hedging instruments
[1]
[2]
[3]

12 Months Ended
May. 31, 2015

$ 162,000,0
968,000,0

161,000,0

1,639,000,0
1,114,000,0
525,000,0
175,000,0
162,000,0
13,000,0

1,554,000,0
1,034,000,0
520,000,0
164,000,0
160,000,0
4,000,0

7,000,0
2,000,0
5,000,0
11,000,0
2,000,0
9,000,0

78,000,0
78,000,0

968,000,0

900,000,0

68,000,0

74,000,0

$ 74,000,0

If the foreign exchange derivative instruments had been netted in the Consolidated Balance Sheet
positions
eachexchange
would have
been reduced
byinstruments
$161 millionhad
as of
May31,
2015.
AsConsolidated
of that date,Balan
the C
If the foreign
derivative
financial
been
netted
in the
liability
positions
each
would have had
been
reduced by $63
million
as of
May31,related
2014. No
amounts
o
AsofMay31,
2015,
theCompany
received$68
millionof
cash
collateral
to its
interest

May. 31, 2014

$ 85,000,000
0
0
0
0

63,000,000

133,000,000
101,000,000
32,000,000
85,000,000
84,000,000
1,000,000

[1]
[1]
[1]
[1]
[1]
[1]

127,000,000
101,000,000
26,000,000
85,000,000
84,000,000
1,000,000

[3]
[3]
[3]
[3]
[3]
[3]

6,000,000
0
6,000,000
0
0
0

[2]
[2]
[2]
[2]
[2]
[2]

0
$0

e Sheets, the asset and liability

e,
the Company
had
d Balance
Sheets,
thereceived$900
asset and
ounts
of
collateral
were
received or
nterest rate swaps.

Fair Value Measurements - Additional Information (Detail) - USD ($)

Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Fair Value Transfers Between Fair Value Hierarchy Levels
Assets, Fair Value Disclosure, Nonrecurring
Short-term Investments [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Available-for-sale securities with maturity dates within one year from purchase date
Available-for-sale securities with maturity dates over one year and less than five years from
purchase date
Interest (income) expense, net
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Interest income related to cash and equivalents and short-term investments
Fair Value, Inputs, Level 2 [Member] | Estimate of Fair Value Measurement [Member] | Prepaid
expenses and other current assets
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Outstanding receivables

May. 31, 2015

12 Months Ended
May. 31, 2014

$0
0

May. 31, 2013

$0
0

1,808,000,000
264,000,000

6,000,000

$ 150,000,000

$ 5,000,000

$ 4,000,000

Short-Term Borrowings and Credit Lines - Notes Payable to Banks and Interest
Short-term Debt [Line Items]
Commercial Paper
Notes payable:
TOTAL NOTES PAYABLE
Interest-bearing accounts payable:
Line of credit facility, amount outstanding
Notes Payable
Notes payable:
TOTAL NOTES PAYABLE
UNITED STATES | Notes Payable
Notes payable:
TOTAL NOTES PAYABLE
Notes payable - interest rate
Non-U.S. operations | Notes Payable
Notes payable:
TOTAL NOTES PAYABLE
Notes payable - interest rate
Sojitz America
Interest-bearing accounts payable:
Sojitz America
Sojitz America - interest rate
[1]

terest Bearing Accounts Payable to Sojitz Corporation of America (Detail) - USD ($)

[1]

[1]

Weighted average interest rate includes non-interest bearing overdrafts.

May. 31, 2015

May. 31, 2014

$0

$0

74,000,000

167,000,000
0

74,000,000

167,000,000

$0

$0

0.00%

0.00%

$ 74,000,000
$ 167,000,000
12.39%
10.04%

$ 78,000,000
$ 60,000,000
0.98%
0.94%

Short Term Borrowings and Credit Lines - Additional Information (Detail) - USD ($)
Short-term Debt [Line Items]
Amounts outstanding under commercial paper program
Line of credit facility, amount outstanding
Interest Bearing Accounts Payable | 60-day London Interbank Offered Rate (LIBOR)
Short-term Debt [Line Items]
Basis spread on variable rate, above LIBOR
Sojitz America | Interest Bearing Accounts Payable
Short-term Debt [Line Items]
Accounts payable, due date period (in days)
Revolving Credit Facility
Short-term Debt [Line Items]
Revolving credit facility, borrowing capacity
Revolving credit facility, optional maximum borrowing capacity
Revolving credit facility, fee
Line of credit facility, amount outstanding
Revolving Credit Facility | London Interbank Offered Rate (LIBOR)
Short-term Debt [Line Items]
Basis spread on variable rate, above LIBOR

12 Months Ended
May. 31, 2015
$0

May. 31, 2014

Nov. 01, 2011

$0
$0

0.75%

60 days

$ 1,000,000,000
$ 1,500,000,000
0.055%
$0

0.445%

Long Term Debt - Net of Unamortized Premiums a

Debt Instrument [Line Items]
Long Term Debt
Less current maturities
TOTAL LONG-TERM DEBT
Corporate Bond Payables | 5.15% Corporate bond, payable October 15, 2015
Debt Instrument [Line Items]
Long-term debt, original principal
Long-term debt, interest rate
Long-term debt, interest payment
Long Term Debt
Corporate Bond Payables | 2.25% Corporate bond, payable May 1, 2023
Debt Instrument [Line Items]
Long-term debt, original principal
Long-term debt, interest rate
Long-term debt, interest payment
Long Term Debt
Corporate Bond Payables | 3.63% Corporate bond, payable May 1, 2043
Debt Instrument [Line Items]
Long-term debt, original principal
Long-term debt, interest rate
Long-term debt, interest payment
Long Term Debt
Notes Payable | 6.20% Promissory note, payable April 1, 2017
Debt Instrument [Line Items]
Long-term debt, original principal
Long-term debt, interest rate
Long-term debt, interest payment
Long Term Debt
Notes Payable | 6.79% Promissory note, payable January 1, 2018
Debt Instrument [Line Items]
Long-term debt, original principal
Long-term debt, interest rate
Long-term debt, interest payment
Long Term Debt
Notes Payable | 2.60% Japanese Yen note, maturing August 20, 2001 through November 20, 2020
Debt Instrument [Line Items]
Long-term debt, original principal |
Long-term debt, interest rate
Long-term debt, interest payment
Long Term Debt
Notes Payable | 2.00% Japanese Yen note, maturing August 20, 2001 through November 20, 2020
Debt Instrument [Line Items]

Long-term
Long-term
Long-term
Long Term
[1]
[2]
[3]
[4]
[5]

debt, original principal |

debt, interest rate
debt, interest payment
Debt

ums and Discounts and Swap Fair Value Adjustments (Detail)

[1],[2]
[1],[2]
[1],[2]
[1],[2]

[2],[3]
[2],[3]
[2],[3]
[2],[3]

[2],[3]
[2],[3]
[2],[3]
[2],[3]

[4]
[4]
[4]
[4]

[4]
[4]
[4]
[4]

[5]
[5]
[5]
[5]

[5]
[5]
[5]
[5]

The Company has entered into interest rate swap agreements whereby the Company receives fixe
pays
interest payments
based
the six-month
plus aother
spread.
The swaps
the
Thesevariable
senior unsecured
obligations
rankonequally
with theLIBOR
Company's
unsecured
andhave
unsubo
The bonds are redeemable at the Company's option prior to February 1, 2023 and November 1, 20
100%
of the aggregate
of the
be redeemed,
and
the sum of
pres
The
Company
assumed principal
a total ofamount
$59 million
in notes
bondsto
payable
as part of
its(ii)
agreement
to the
purchas
non-cash
financing
transaction.
The
serves
as collateral
theagreement
debt. The purchase
of the
NIKE
Logistics
YK assumed
a total
of property
13.0 billion
in loans
as part for
of its
to purchase
ad
for the loans. These loans mature in equal quarterly installments during the period August20, 200

12 Months Ended
May. 31, 2015USD ($)

May. 31, 2015JPY ()

$ 1,186,000,000
107,000,000
1,079,000,000

May. 31, 2014USD ($)

$ 1,206,000,000
7,000,000
1,199,000,000

$ 100,000,000
5.15%
5.15%
Semi-Annually
$ 101,000,000

108,000,000

$ 500,000,000
2.25%
2.25%
Semi-Annually
$ 499,000,000

499,000,000

$ 500,000,000
3.63%
3.63%
Semi-Annually
$ 499,000,000

499,000,000

$ 40,000,000
6.20%
Monthly

6.20%
$ 39,000,000

39,000,000

$ 19,000,000
6.79%
Monthly

6.79%
$ 19,000,000

19,000,000

9,000,000,000
2.60%
Quarterly

2.60%
$ 20,000,000

29,000,000

 4,000,000,000
2.00%
Quarterly

2.00%
$ 9,000,000

ves fixed interest payments at the same rate as the note and
ave
the same notional
amount and maturity date as the
unsubordinated
indebtedness.
er 1, 2042, respectively, at a price equal to the greater of (i)
he present
valuesCorporate
of the remaining
scheduled
purchase
certain
properties;
this waspayments,
treated asplus
a
ease
of these
properties
was in
accounted
for as
a business
a distribution
center
Japan, which
serves
as collateral
20, 2001 through November20, 2020.

$ 13,000,000

Long Term Debt - Narrative (Detail)

Debt Instrument [Line Items]
Interest rate swap, lower range of variable interest rate payable
Interest rate swap, higher range of variable interest rate payable
Purchase of properties
5.15% Corporate bond, payable October 15, 2015
Debt Instrument [Line Items]
Debt instrument, maturity date
2.25% Corporate bond, payable May 1, 2023
Debt Instrument [Line Items]
Debt instrument, maturity date
Percent of aggregate principal amount of the notes to be redeemed
3.63% Corporate bond, payable May 1, 2043
Debt Instrument [Line Items]
Debt instrument, maturity date
6.20% Promissory note, payable April 1, 2017
Debt Instrument [Line Items]
Debt instrument, maturity date
6.79% Promissory note, payable January 1, 2018
Debt Instrument [Line Items]
Debt instrument, maturity date
6.2% and 6.79% Promissory notes, payable April 1, 2017 and January 1, 2018
Debt Instrument [Line Items]
Long-term debt, original principal
2.60% Japanese Yen note, maturing August 20, 2001 through November 20, 2020
Debt Instrument [Line Items]
Debt instrument, maturity date
2.00% Japanese Yen note, maturing August 20, 2001 through November 20, 2020
Debt Instrument [Line Items]
Debt instrument, maturity date
2.6% and 2.0% Japanese Yen note, maturing August 20, 2001 through November 20, 2020
Debt Instrument [Line Items]
Long-term debt, original principal |
Debt instrument, minimum maturity date
Debt instrument, maximum maturity date

May. 30, 2013USD ($)

May. 31, 2015JPY ()

0.30%
0.50%

$ 85,000,000

Oct. 15,
2015

May 1,
2023
100.00%

May 1,
2043

Apr. 1,
2017

Jan. 1,
2018

$ 59,000,000

Nov. 20,
2020

Nov. 20,
2020

13,000,000,000
Aug. 20,
2001
Nov. 20,
2020

Long Term Debt - Additional Information (Detail) - USD ($) $ in Millions

Long-term Debt Disclosure [Abstract]
Maturity of long-term debt in 2016
Maturity of long-term debt in 2017
Maturity of long-term debt in 2018
Maturity of long-term debt in 2019
Maturity of long-term debt in 2020
Fair value of long term debt

May. 31, 2015

$ 106
44
24
6
6
$ 1,160

May. 31, 2014

$ 1,154

Income Taxes - Income before Income Taxes (Detail) - USD ($) $ in Millions
Income before income taxes:
United States
Foreign
Income before income taxes

May. 31, 2015

12 Months Ended
May. 31, 2014

$ 1,967
2,238
$ 4,205

$ 3,066
478
$ 3,544

May. 31, 2013

$ 1,231
2,025
$ 3,256

Income Taxes - Provision for Income Taxes (Detail) - USD ($) $ in Millions
Current:
Federal
State
Foreign
Total
Deferred:
Federal
State
Foreign
Total
Income tax expense

May. 31, 2015

12 Months Ended
May. 31, 2014

May. 31, 2013

$ 596
80
369
1,045

$ 259
104
499
862

$ 378
79
442
899

(66)
(11)
(36)
(113)
$ 932

19
(3)
(27)
(11)
$ 851

(4)
(4)
(86)
(94)
$ 805

Income Taxes - Reconciliation from United States Statutory Federal Income Tax Rate t
Effective Income Tax Rate (Detail)
Income Tax Disclosure [Abstract]
Federal income tax rate
State taxes, net of federal benefit
Foreign earnings
Deferred charge
Other, net
EFFECTIVE INCOME TAX RATE

May. 31, 2015

35.00%
0.90%
(15.70%)
0.90%
1.10%
22.20%

12 Months Ended
May. 31, 2014
35.00%
1.80%
2.20%
(14.60%)
(0.40%)
24.00%

May. 31, 2013

35.00%
1.40%
(11.80%)
0.00%
0.10%
24.70%

Income Taxes - Deferred Tax Assets and Liabilities (Detail) - USD ($) $ in Millions
Deferred tax assets:
Allowance for doubtful accounts
Inventories
Sales return reserves
Deferred compensation
Stock-based compensation
Reserves and accrued liabilities
Net operating loss carry-forwards
Undistributed earnings of foreign subsidiaries
Other
Total deferred tax assets
Valuation allowance
Total deferred tax assets after valuation allowance
Deferred tax liabilities:
Property, plant and equipment
Intangibles
Other
Total deferred tax liability
NET DEFERRED TAX ASSET

May. 31, 2015

May. 31, 2014

$ 11
59
143
258
179
92
10
149
76
977
(9)
968

$ 11
49
113
211
162
95
16
194
51
902
(9)
893

(220)
(93)
(38)
(351)
$ 617

(237)
(94)
(2)
(333)
$ 560

Income Taxes - Reconciliation of Changes in Gross Balanc

Reconciliation of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examine

Tax Returns [Roll Forward]
Unrecognized tax benefits, as of the beginning of the period
Gross increases related to prior period tax positions
Gross decreases related to prior period tax positions
Gross increases related to current period tax positions
Gross decreases related to current period tax positions
Settlements
Lapse of statute of limitations
Changes due to currency translation
UNRECOGNIZED TAX BENEFITS, AS OF THE END OF THE PERIOD
[1]

Balance of Unrecognized Tax Benefits (Detail) - USD ($) $ in Millions

[1]
[1]

[1]

During the fourth quarter of the fiscal year ended May31, 2014, the Company reached a resolutio
Advanced Pricing Agreement that covers intercompany transfer pricing for fiscal years 2011 throu

May. 31, 2015

12 Months Ended
May. 31, 2014

$ 506
32
(123)
82
(9)
(27)
(10)
(13)
$ 438

esolution with the IRS on a U.S. Unilateral

1 through 2020. As a result, the Company

$ 447
814
(166)
125
(30)
(676)
(4)
(4)
$ 506

May. 31, 2013

$ 285
77
(3)
130
(9)
0
(21)
(12)
$ 447

Income Taxes - Additional Information (Detail) - USD ($) $ / shares in Units, $ in Million

Income Tax Contingency [Line Items]

Effective tax rate, change from prior period
Total gross unrecognized tax benefits, excluding related interest and penalties
Total gross unrecognized tax benefits, excluding related interest and penalties, amount which wou
affect the Company's effective tax rate if recognized in future periods
Increase in liability for payment of interest and penalties
Accrued interest and penalties related to uncertain tax positions (excluding federal benefit)

Estimated decrease in total gross unrecognized tax benefits as a result of resolutions of global tax
examinations and expiration of applicable statutes of limitations

Reinvestment of the cumulative undistributed earnings of certain foreign subsidiaries

Unrecognized deferred tax liability associated with the indefinitely reinvested undistributed earnin
Tax holiday, expiration period (year)
Decrease in income tax expense related to tax holiday
Decrease in income tax expense related to tax holiday per diluted share, (in dollars per share)

Valuation allowance increase (decrease) related to tax benefits of certain subsidiaries with operati
losses
Available domestic and foreign loss carry-forwards
Income tax benefits attributable to employee stock-based compensation
Tax Year 2011 | Domestic Tax Authority
Income Tax Contingency [Line Items]
Proposed increase in tax related to the foreign tax credit matter

May. 31, 2015

12 Months Ended
May. 31, 2014

(180.00%)

May. 31, 2013

May. 31, 2012

(70.00%)
$ 438
260

$ 506

$ 447

55
167

2,021
$ 174
$ 0.20

$ 138
$ 0.15

$ 108
$ 0.12

$0

$4

36
224

$ 135

(3)
164
63
8,300
$ 2,700

$ 31

$ (22)

$ 76

$ 285

Income Taxes - Available Domestic and Foreign Loss Carryforwards (Detail) $ in Million
Operating Loss Carryforwards [Line Items]

2,0
2,0
2,0
2,0
2020-2035
Indefinite
Net Operating Losses

May. 31, 2015USD ($)

$0
0
4
1
17
14
$ 36

Redeemable Preferred Stock - Additional Information (Detail) - May. 31, 2015 - Nonmarketable preferred stock - USD ($) $ / shares in Units, $ in Millions
Temporary Equity [Line Items]
Redeemable preferred stock, par value
Redeemable preferred stock, redeemable value (in dollars)
Redeemable preferred stock, dividends payable annually per share

Total
$1
$ 0.3
$ 0.1

Common Stock and Stock Based Compensation - Additional Information (Detail) $ /

shares in Units, $ in Millions
Class A Convertible Common Stock
Common Stock and Share Based Compensation [Line Items]
Common Stock, No Par Value | $ / shares
Common stock, number of shares authorized (in shares) | shares
Common stock conversion

Common stock, Class A conversion ratio to Class B (in shares)

Class B Common Stock
Common Stock and Share Based Compensation [Line Items]
Common Stock, No Par Value | $ / shares
Common stock, number of shares authorized (in shares) | shares
Stock Incentive Plan 1990 | Class B Common Stock
Common Stock and Share Based Compensation [Line Items]
Shares available for grant (in shares) | shares
Stock options vesting period (in years)
Stock options expiration from the date of grant (in years)
Minimum term of market traded options for estimates of expected volatility (in years)
Weighted average remaining contractual life for options outstanding (in years)
Weighted average remaining contractual life for options exercisable (in years)
Aggregate intrinsic value for options outstanding
Aggregate intrinsic value for options exercisable
Total intrinsic value of options exercised
Stock Options | Stock Incentive Plan 1990
Common Stock and Share Based Compensation [Line Items]
Unrecognized compensation costs from stock options, net of estimated forfeitures, to be recognize
as operating overhead expense over a weighted average period (in years)
Stock Options | Stock Incentive Plan 1990 | Class B Common Stock
Common Stock and Share Based Compensation [Line Items]
Weighted average fair value per share of the options granted (in dollars per share) | $ / shares
Employee Stock | Class B Common Stock
Common Stock and Share Based Compensation [Line Items]
Employee stock purchase plans, payroll deductions
Employee stock purchase plan offering period
Shares purchased, price as percentage of lower of the fair market value
Purchase of shares by employee (in shares) | shares
Employee Stock | Stock Incentive Plan 1990 | Class B Common Stock
Common Stock and Share Based Compensation [Line Items]
Weighted average fair value per share of the options granted (in dollars per share) | $ / shares
Restricted Stock | Stock Incentive Plan 1990 | Class B Common Stock
Common Stock and Share Based Compensation [Line Items]

Restricted and unrestricted stock granted to key employees under 1990 Plan, number of shares (in
shares) | shares

Restricted stock granted to key employees under 1990 Plan, weighted average values per share (i
dollars per shares) | $ / shares

Restricted stock vested, fair value

Restricted Stock Units (RSUs) | Stock Incentive Plan 1990
Common Stock and Share Based Compensation [Line Items]
Unrecognized compensation costs from stock options, net of estimated forfeitures, to be recognize
as operating overhead expense over a weighted average period (in years)
Unrecognized compensation costs from restricted stock, net of estimated forfeitures
General and Administrative Expense | Stock Options | Stock Incentive Plan 1990
Common Stock and Share Based Compensation [Line Items]
Unrecognized compensation costs from stock options, net of estimated forfeitures

12 Month
May. 31, 2015USD ($)$ / sharesshares

$
200,000,0
Each share of ClassA Common Stock is convertible into one share of Class B Common Stock.

$
1,200,000,0

326,000,0
4 years
10 years
1 year
6 years
4 years 8 months 12 days

$ 3,1
2,2
$7

1 year 10 months 24 days

$ 16.

10.00%
6 months
85.00%

1,400,0

300,0

$ 79.
$

1 year 6 months

$1

Months Ended
May. 31, 2014USD ($)$ / sharesshares

$ 474

1,400,000

$ 14.89

300,000
$ 63.89
$ 28

May. 31, 2013USD ($)$ / sharesshares

$ 293

1,600,000

$ 12.71

1,600,000
$ 46.86
$ 25

Common Stock and Stock-Based Compensation - Total Sto

Employee Service Share-based Compensation, Allocation of Recognized Period Costs
[Line Items]
Share-based Compensation Arrangement by Share-based Payment Award Accelerated
Compensation Cost
Stock-based compensation expense
General and Administrative Expense
Employee Service Share-based Compensation, Allocation of Recognized Period Costs
[Line Items]
Stock-based compensation expense
General and Administrative Expense | Stock Options
Employee Service Share-based Compensation, Allocation of Recognized Period Costs
[Line Items]
Stock-based compensation expense
General and Administrative Expense | Restricted Stock
Employee Service Share-based Compensation, Allocation of Recognized Period Costs
[Line Items]
Stock-based compensation expense
General and Administrative Expense | Employee Stock
Employee Service Share-based Compensation, Allocation of Recognized Period Costs
[Line Items]
Stock-based compensation expense
[1]

tal Stock-Based Compensation Expense (Detail) - USD ($) $ in Millions

[1]

Expense for stock options includes the expense associated with stock appreciation rights. Accelera
employees eligible for accelerated stock option vesting upon retirement. Accelerated stock option

May. 31, 2015

12 Months Ended
May. 31, 2014

May. 31, 2013

$ 19

$ 15

$ 22

191

177

174

191

177

174

136

125

123

31

30

32

$ 24

$ 22

$ 19

Accelerated stock option expense is recorded for

option expense for the years ended May31,

Common Stock and Stock-Based Compensation - Weighted Average Assumptions Used

Estimate Fair Values (Detail) - Stock Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Dividend yield
Expected volatility
Weighted average expected life (in years)
Risk-free interest rate

May. 31, 2015

1.20%
23.60%
5 years 9 months
1.70%

12 Months Ended
May. 31, 2014
1.30%
27.90%
5 years 3 months
1.30%

May. 31, 2013

1.50%
35.00%
5 years 3 months
0.60%

Common Stock and Stock-Based Compensation - Stock Option Transactions Under Plan
Millions
Options Outstanding - Shares
Beginning Balance (in shares)
Exercised (in shares)
Forfeited (in shares)
Granted (in shares)
Ending Balance (in shares)
Options exercisable (in shares)
Options Outstanding - Weighted-Average Option Price
Beginning Balance (in dollars per share)
Exercised (in dollars per share)
Forfeited (in dollars per share)
Granted (in dollars per share)
Ending Balance (in dollars per share)
Options exercisable (in dollars per share)
[1]

12 Months Ended

r Plan (Detail) - Stock Incentive Plan 1990 - $ / shares shares in

May. 31, 2015
[1]
[1]
[1]
[1]
[1]
[1]

63.5
(13.6)
(1)
9.2
58.1
34.3
$ 39.28
30.78
59.02
77.68
47
$ 36.53

Includes stock appreciation rights transactions.

12 Months Ended
May. 31, 2014
67.7
(11)
(1.3)
8.1
63.5
37
$ 34.72
28.29
48.33
63.54
39.28
$ 31.42

May. 31, 2013

64.3
(9.9)
(1.3)
14.6
67.7
35.9
$ 30.59
24.70
40.14
46.55
34.72
$ 27.70

Earnings Per Share - Additional Information (Detail) - shares shares in Millions

Stock Options
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Anti-dilutive options not included in the computation of diluted earnings per share

May. 31, 2015

12 Months Ended
May. 31, 2014

0.1

0.1

May. 31, 2013

0.1

Earnings Per Share - Reconciliation from Basic Earnings Per Share to Diluted Earnings
Per Share (Detail) - $ / shares shares in Millions
Determination of shares:
Weighted average common shares outstanding (in shares)
Assumed conversion of dilutive stock options and awards (in shares)
DILUTED WEIGHTED AVERAGE COMMON SHARES OUTSTANDING (in shares)
Earnings per common share from continuing operations:
Basic (in dollars per share)
Diluted (in dollars per share)
Earnings per common share from discontinued operations:
Basic (in dollars per share)
Diluted (in dollars per share)
Basic earnings per common share for NIKE, Inc. (in dollars per share)
Diluted earnings per common share for NIKE, Inc. (in dollars per share)

May. 31, 2015

12 Months Ended
May. 31, 2014

May. 31, 2013

861.7
22.7
884.4

883.4
22.4
905.8

897.3
19.1
916.4

$ 3.80
3.70

$ 3.05
2.97

$ 2.74
2.68

0
0
3.80
$ 3.70

0
0
3.05
$ 2.97

0.02
0.02
2.76
$ 2.70

Benefit Plans - Additional Information (Detail) - USD ($) $ in Millions

Deferred income taxes and other long-term liabilities
Defined Contribution Plan Disclosure [Line Items]
Deferred compensation plan liabilities
Liability related to the unfunded pension plan
General and Administrative Expense
Defined Contribution Plan Disclosure [Line Items]
401(k) employee savings plans, expenses
General and Administrative Expense | Profit Sharing Plan
Defined Contribution Plan Disclosure [Line Items]
Contribution and cash award expenses included in selling and administrative expenses
General and Administrative Expense | Long Term Incentive Plan
Defined Contribution Plan Disclosure [Line Items]
Contribution and cash award expenses included in selling and administrative expenses

May. 31, 2015

12 Months Ended
May. 31, 2014

May. 31, 2013

$ 443
98

$ 390
100

58

51

$ 46

58

49

47

$ 68

$ 46

$ 50

Accumulated Other Comprehensive Income

Increase (Decrease) in Stockholders' Equity [Roll Forward]
Accumulated other comprehensive income balance at the beginning of the period
Other comprehensive gains (losses) before reclassifications, net of tax
Reclassifications to net income of previously deferred (gains) losses, net of tax
Other comprehensive income (loss)
Accumulated other comprehensive income balance at the end of the period
Other comprehensive income, before reclassification, tax benefit (expense)
Reclassification from accumulated other comprehensive income, tax (benefit) expense
Foreign Currency Translation Adjustment
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Accumulated other comprehensive income balance at the beginning of the period
Other comprehensive gains (losses) before reclassifications, net of tax
Reclassifications to net income of previously deferred (gains) losses, net of tax
Other comprehensive income (loss)
Accumulated other comprehensive income balance at the end of the period
Other comprehensive income, before reclassification, tax benefit (expense)
Reclassification from accumulated other comprehensive income, tax (benefit) expense
Cash Flow Hedges
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Accumulated other comprehensive income balance at the beginning of the period
Other comprehensive gains (losses) before reclassifications, net of tax
Reclassifications to net income of previously deferred (gains) losses, net of tax
Other comprehensive income (loss)
Accumulated other comprehensive income balance at the end of the period
Other comprehensive income, before reclassification, tax benefit (expense)
Reclassification from accumulated other comprehensive income, tax (benefit) expense
Net Investment Hedges
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Accumulated other comprehensive income balance at the beginning of the period
Other comprehensive gains (losses) before reclassifications, net of tax
Reclassifications to net income of previously deferred (gains) losses, net of tax
Other comprehensive income (loss)
Accumulated other comprehensive income balance at the end of the period
Other comprehensive income, before reclassification, tax benefit (expense)
Reclassification from accumulated other comprehensive income, tax (benefit) expense
Other
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Accumulated other comprehensive income balance at the beginning of the period
Other comprehensive gains (losses) before reclassifications, net of tax
Reclassifications to net income of previously deferred (gains) losses, net of tax

Other comprehensive income (loss)

Accumulated other comprehensive income balance at the end of the period
Other comprehensive income, before reclassification, tax benefit (expense)
Reclassification from accumulated other comprehensive income, tax (benefit) expense

[1]
[2]
[3]
[4]
[5]
[6]

ncome - Changes in AOCI (Detail) - USD ($) $ in Millions

[5]

[6]

[5]

[6]

Net of tax benefit (expense) of $0 million, $(33) million, $0 million, $0 million and $(33) million, re
Net of tax benefit (expense) of $0 million, $9 million, $0 million, $0 million and $9 million, respect
Net of tax (benefit) expense of $0 million, $2 million, $0 million, $0 million and $2 million, respect
Net of tax (benefit) expense of $0 million, $9 million, $0 million, $0 million and $9 million respectiv
The accumulated foreign currency translation adjustment and net investment hedge gains/losses
are
to foreign
Net income
upontranslation
sale or upon
completeand
or substantially
complete
of
The reclassified
accumulated
currency
adjustment
net investment
hedge liquidation
gains/losses
are reclassified to Net income upon sale or upon complete or substantially complete liquidation of

12 Months Ended
May. 31, 2015
May. 31, 2014
$ 85
1,460 [1]
(299) [3]
1,161
1,246
(33)
2

9 [6]
(20) [1],[6]
0 [3],[6]
(20) [6]
(11)
0
0

32
1,447 [1]
(259) [3]
1,188
1,220
(33)
2

95
0
0
0
95
0
0

[6]
[1],[6]
[3],[6]
[6]

(51)
33 [1]
(40) [3]

$ 274
(166) [2]
(23) [4]
(189)
85
9
9

41
(32) [2],[5]
0 [4],[5]
(32) [5]
9 [5]
0
0

193
(134) [2]
(27) [4]
(161)
32
9
9

95
0
0
0
95
0
0

[2],[5]
[4],[5]
[5]
[5]

(55)
0 [2]
4 [4]

(7)
(58)
0
$0

4
(51)
0
$0

lion, respectively.
espectively.
espectively.
espectively.
losses related to an investment in a foreign subsidiary
ation
ofrelated
the respective
entity.
losses
to an investment
in a foreign subsidiary
ation of the respective entity.

Accumulated Other Comprehensive Income - Reclassification out of AOCI (Details) - US

($) $ in Millions
Reclassification out of Accumulated Other Comprehensive Income [Line Items]
Revenues
Cost of sales
Selling and administrative expense
Other expense (income), net
Income before income taxes
Tax benefit (expense)
Gain (loss), net of tax
Amount of Gain (Loss) Reclassified from Accumulated Other Comprehensive Income into Income
Reclassification out of Accumulated Other Comprehensive Income [Line Items]
Gain (loss), net of tax
Gain (losses) on cash flow hedges | Amount of Gain (Loss) Reclassified from Accumulated Other
Comprehensive Income into Income

Reclassification out of Accumulated Other Comprehensive Income [Line Items]

Income before income taxes
Tax benefit (expense)
Gain (loss), net of tax
Gain (losses) on cash flow hedges | Foreign exchange forwards and options | Amount of Gain (Loss
Reclassified from Accumulated Other Comprehensive Income into Income
Reclassification out of Accumulated Other Comprehensive Income [Line Items]
Revenues
Cost of sales
Selling and administrative expense
Other expense (income), net
Other | Amount of Gain (Loss) Reclassified from Accumulated Other Comprehensive Income into
Income
Reclassification out of Accumulated Other Comprehensive Income [Line Items]
Other expense (income), net
Income before income taxes
Tax benefit (expense)
Gain (loss), net of tax

May. 31, 2015

12 Months Ended
May. 31, 2014

$ 30,601
16,534
9,892
58
4,205
(932)
3,273

$ 27,799
15,353
8,766
(103)
3,544
(851)
2,693

299

23

261
(2)
259

36
(9)
27

(95)
220
0
136

14
12
0
10

40
40
0
$ 40

(4)
(4)
0
$ (4)

May. 31, 2013

$ 25,313
14,279
7,796
15
3,256
(805)
$ 2,451

Discontinued Operations (Details) - USD ($)

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups,
Including Discontinued Operations [Line Items]
Proceeds from divestiture of businesses
Net gain (loss) on divestitures
Assets of disposal group, including intangibles, goodwill and fixed assets
Cole Haan
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups,
Including Discontinued Operations [Line Items]
Agreed upon purchase price from discontinued operations
Proceeds from divestiture of businesses
Purchase price adjustments
Net gain (loss) on divestitures
Tax (benefit) expense on sale of discontinued operations
Lease guarantee
Cole Haan | Minimum
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups,
Including Discontinued Operations [Line Items]
Period of transition service (in months)
Cole Haan | Maximum
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups,
Including Discontinued Operations [Line Items]
Period of transition service (in months)
Umbro | Umbro
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups,
Including Discontinued Operations [Line Items]
Proceeds from divestiture of businesses
Net gain (loss) on divestitures
Tax (benefit) expense on sale of discontinued operations
Assets of disposal group, including intangibles, goodwill and fixed assets
Other miscellaneous charges
Release of cumulative translation adjustment related to Umbro, pre-tax

Feb. 01, 2013

Nov. 30, 2012

May. 31, 2015

$0
0
$0

$ 570,000,000
561,000,000
9,000,000
231,000,000
137,000,000
$ 23,000,000

3 months

9 months

$ 225,000,000
(107,000,000)
(67,000,000)
248,000,000
22,000,000
$ 129,000,000

May. 31, 2014

$0
0
$0

May. 31, 2013

$ 786,000,000
$ 124,000,000

Discontinued Operations - Summarized Results (Details) - USD ($) $ in Millions

Discontinued Operations and Disposal Groups [Abstract]
Revenues
Income before income taxes
Income tax expense
NET INCOME FROM DISCONTINUED OPERATIONS

May. 31, 2015

12 Months Ended
May. 31, 2014

$0
0
0
$0

$0
0
0
$0

May. 31, 2013

$ 523
108
87
$ 21

Commitments and Contingencies - Additional Information (Detail) - USD ($) $ in Million

Commitments and Contingencies Disclosure [Abstract]
Expiration date of operating lease, lower limit (in years)
Expiration date of operating lease, upper limit (in years)
Rent expense
Minimum rental commitments, operating leases, 2016
Minimum rental commitments, operating leases, 2017
Minimum rental commitments, operating leases, 2018
Minimum rental commitments, operating leases, 2019
Minimum rental commitments, operating leases, 2020
Minimum rental commitments, operating leases, thereafter
Operating leases
Minimum commitments, capital leases, 2016
Minimum commitments, capital leases, 2017
Minimum commitments, capital leases, 2018
Minimum commitments, capital leases, 2019
Minimum commitments, capital leases, 2020
Minimum commitments, capital leases, thereafter
Capital leases
Letters of credit outstanding

May. 31, 2015

12 Months Ended
May. 31, 2014

May. 31, 2013

1 year
19 years
$ 594
447
423
371
311
268
1,154
2,974
2
2
1
0
0
0
5
$ 165

$ 533

$ 135

$ 482

Risk Management and Derivatives - Additional Information (Detail) - USD ($)

Derivative Instruments and Hedging Activities Disclosures [Line Items]

Percentage of anticipated exposures hedged (percent)
Deferred net gains (net of tax) on both outstanding and matured derivatives accumulated in other
comprehensive income are expected to be reclassified to net income during the next twelve mont
as a result of underlying hedged transactions also being recorded in net income

Maximum term over which the Company is hedging exposures to the variability of cash flows for it
forecasted and recorded transactions (in months)
Aggregate fair value of derivative instruments in net liability position
Collateral received from counterparties to hedging instruments
Not designated as derivative instrument
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Total notional amount of outstanding derivatives
Embedded derivatives
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Total notional amount of outstanding derivatives
Minimum
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Typical time period that anticipated exposures are hedged against (in months)
Minimum fair value of outstanding derivative above which the credit related contingent features
require the derivative party to post collateral
Maximum
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Typical time period that anticipated exposures are hedged against (in months)
Derivatives designated as cash flow hedges
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Total notional amount of outstanding derivatives
Derivatives designated as cash flow hedges | Designated as Hedging Instrument | Interest rate
swaps
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Total notional amount of outstanding derivatives
Derivatives designated as fair value hedges | Interest rate swaps
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Total notional amount of outstanding derivatives
Derivatives designated as net investment hedges | Foreign Exchange Contract [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Derivative Assets (Liabilities), at Fair Value, Net
Cash and Cash Equivalents
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Collateral received from counterparties to hedging instruments
Cash and Cash Equivalents | Interest rate swaps
Derivative Instruments and Hedging Activities Disclosures [Line Items]

Collateral received from counterparties to hedging instruments

Cash and Cash Equivalents | Foreign Exchange Contract [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Collateral received from counterparties to hedging instruments
Securities pledged as collateral
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Collateral received from counterparties to hedging instruments
Securities pledged as collateral | Interest rate swaps
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Collateral received from counterparties to hedging instruments

12 Months Ended
May. 31, 2015

May. 31, 2014

100.00%
$ 685,000,000

36 months
$ 4,000,000
968,000,000

4,400,000,000

$ 205,000,000

12 months
$ 50,000,000

24 months

$ 14,400,000,000

1,000,000,000

100,000,000

968,000,000

$0

68,000,000

900,000,000

74,000,000

$ 74,000,000

$0

Risk Management and Derivatives - FV of Derivative Instruments Included within

Consolidated Balance Sheet (Detail) - USD ($) $ in Millions
Derivatives, Fair Value [Line Items]
Asset Derivatives
Liability Derivatives
Designated as Hedging Instrument
Derivatives, Fair Value [Line Items]
Asset Derivatives
Liability Derivatives
Designated as Hedging Instrument | Foreign Exchange Contract [Member] | Prepaid expenses and
other current assets

Derivatives, Fair Value [Line Items]

Asset Derivatives
Designated as Hedging Instrument | Foreign Exchange Contract [Member] | Deferred income taxes
and other assets
Derivatives, Fair Value [Line Items]
Asset Derivatives
Designated as Hedging Instrument | Foreign Exchange Contract [Member] | Accrued liabilities

Derivatives, Fair Value [Line Items]

Liability Derivatives
Designated as Hedging Instrument | Foreign Exchange Contract [Member] | Deferred income taxes
and other liabilities

Derivatives, Fair Value [Line Items]

Liability Derivatives
Designated as Hedging Instrument | Interest rate swaps | Prepaid expenses and other current asse
Derivatives, Fair Value [Line Items]
Asset Derivatives
Designated as Hedging Instrument | Interest rate swaps | Deferred income taxes and other assets

Derivatives, Fair Value [Line Items]

Asset Derivatives
Designated as Hedging Instrument | Interest rate swaps | Accrued liabilities
Derivatives, Fair Value [Line Items]
Liability Derivatives
Designated as Hedging Instrument | Interest rate swaps | Deferred income taxes and other liabiliti

Derivatives, Fair Value [Line Items]

Liability Derivatives
Derivatives not designated as hedging instruments
Derivatives, Fair Value [Line Items]
Asset Derivatives
Liability Derivatives
Derivatives not designated as hedging instruments | Foreign Exchange Contract [Member] | Prepa
expenses and other current assets

Derivatives, Fair Value [Line Items]

Asset Derivatives
Derivatives not designated as hedging instruments | Foreign Exchange Contract [Member] | Accru
liabilities

Derivatives, Fair Value [Line Items]

Liability Derivatives
Derivatives not designated as hedging instruments | Embedded derivatives | Prepaid expenses an
other current assets

Derivatives, Fair Value [Line Items]

Asset Derivatives
Derivatives not designated as hedging instruments | Embedded derivatives | Deferred income taxe
and other assets
Derivatives, Fair Value [Line Items]
Asset Derivatives
Derivatives not designated as hedging instruments | Embedded derivatives | Accrued liabilities

Derivatives, Fair Value [Line Items]

Liability Derivatives
Derivatives not designated as hedging instruments | Embedded derivatives | Deferred income taxe
and other liabilities
Derivatives, Fair Value [Line Items]
Liability Derivatives

May. 31, 2015

May. 31, 2014

$ 1,639
175

$ 133
85

1,423
144

108
58

825

76

520

26

140

57

78

216
31

25
27

209

25

20

27

$9

$0

Risk Management and Derivatives - Amounts Affecting Co

Foreign Exchange Contract [Member] | Other (income) expense, net | Derivatives not designated a
hedging instruments
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain (Loss) Recognized in Income on Derivatives
Embedded derivatives | Other (income) expense, net | Derivatives not designated as hedging
instruments
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain (Loss) Recognized in Income on Derivatives
Derivatives designated as cash flow hedges
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain (Loss) Recognized in Other Comprehensive Income on Derivatives
Amount of Gain (Loss) Reclassified From Accumulated Other Comprehensive Income into Income
Derivatives designated as cash flow hedges | Foreign Exchange Contract [Member] | Revenue
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain (Loss) Recognized in Other Comprehensive Income on Derivatives
Amount of Gain (Loss) Reclassified From Accumulated Other Comprehensive Income into Income
Derivatives designated as cash flow hedges | Foreign Exchange Contract [Member] | Cost of sales
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain (Loss) Recognized in Other Comprehensive Income on Derivatives
Amount of Gain (Loss) Reclassified From Accumulated Other Comprehensive Income into Income
Derivatives designated as cash flow hedges | Foreign Exchange Contract [Member] | Selling and
administrative expense
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain (Loss) Recognized in Other Comprehensive Income on Derivatives
Amount of Gain (Loss) Reclassified From Accumulated Other Comprehensive Income into Income

Derivatives designated as cash flow hedges | Foreign Exchange Contract [Member] | Other (incom
expense, net
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain (Loss) Recognized in Other Comprehensive Income on Derivatives
Amount of Gain (Loss) Reclassified From Accumulated Other Comprehensive Income into Income
Derivatives designated as cash flow hedges | Interest rate swaps | Interest (income) expense, net
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain (Loss) Recognized in Other Comprehensive Income on Derivatives
Amount of Gain (Loss) Reclassified From Accumulated Other Comprehensive Income into Income

Derivatives designated as net investment hedges | Foreign Exchange Contract [Member] | Other
(income) expense, net
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain (Loss) Recognized in Other Comprehensive Income on Derivatives
Amount of Gain (Loss) Reclassified From Accumulated Other Comprehensive Income into Income
Derivatives designated as fair value hedges | Interest rate swaps | Interest (income) expense, net
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain (Loss) Recognized in Income on Derivatives
[1]
[2]

ing Consolidated Statements of Income (Detail) - USD ($) $ in Millions

[1]
[1]

[1]
[1]

[1]
[1]

[1]
[1]

[1]
[1]

[1]
[1]

[1]
[1]

[2]

For the years ended May31, 2015, 2014 and 2013, the amounts recorded in Other (income) expen
ineffectiveness
thedesignated
discontinuance
ofvalue
cash flow
hedges
the forecasted
transactionsun
w
All
interest rate and
swaps
as fair
hedges
meetbecause
the shortcut
method requirements
derivatives and hedging. Accordingly, changes in the fair values of the interest rate swaps are con

May. 31, 2015

12 Months Ended
May. 31, 2014

$ 611

(1)

1,480
261

(202)
(95)

1,109
220

0
0

497
136

76
0

$ (75)

(1)

(143)
36

May. 31, 2013

$ 51

(4)

139
105

(48)
14

42
(19)

(78)
12

67
113

4
0

(21)
10

0
0

(3)
2

33
9

0
0

0
0

0
0

0
0

$5

$5

$5

) expense, net as a result of hedge

ctions
were no
probable
of occurring
ents under
thelonger
accounting
standards
for
are considered to exactly offset changes in the

Operating Segments and Related Information - Information by Operating Segments

(Detail) - USD ($) $ in Millions
Segment Reporting, Revenue Reconciling Item [Line Items]
Net Revenue
Interest expense (income), net
Income before income taxes
Depreciation
Operating Segments
Segment Reporting, Revenue Reconciling Item [Line Items]
Net Revenue
Earnings Before Interest and Taxes
Income before income taxes
Additions to Long-lived Assets
Depreciation
Operating Segments | NIKE Brand
Segment Reporting, Revenue Reconciling Item [Line Items]
Net Revenue
Earnings Before Interest and Taxes
Additions to Long-lived Assets
Depreciation
Operating Segments | NIKE Brand | North America
Segment Reporting, Revenue Reconciling Item [Line Items]
Net Revenue
Earnings Before Interest and Taxes
Additions to Long-lived Assets
Depreciation
Operating Segments | NIKE Brand | Western Europe
Segment Reporting, Revenue Reconciling Item [Line Items]
Net Revenue
Earnings Before Interest and Taxes
Additions to Long-lived Assets
Depreciation
Operating Segments | NIKE Brand | Central & Eastern Europe
Segment Reporting, Revenue Reconciling Item [Line Items]
Net Revenue
Earnings Before Interest and Taxes
Additions to Long-lived Assets
Depreciation
Operating Segments | NIKE Brand | Greater China
Segment Reporting, Revenue Reconciling Item [Line Items]
Net Revenue
Earnings Before Interest and Taxes
Additions to Long-lived Assets
Depreciation
Operating Segments | NIKE Brand | Japan
Segment Reporting, Revenue Reconciling Item [Line Items]

Net Revenue
Earnings Before Interest and Taxes
Additions to Long-lived Assets
Depreciation
Operating Segments | NIKE Brand | Emerging Markets
Segment Reporting, Revenue Reconciling Item [Line
Net Revenue
Earnings Before Interest and Taxes
Additions to Long-lived Assets
Depreciation
Operating Segments | NIKE Brand | Global Brand Divisions
Segment Reporting, Revenue Reconciling Item [Line
Net Revenue
Earnings Before Interest and Taxes
Additions to Long-lived Assets
Depreciation
Operating Segments | Converse
Segment Reporting, Revenue Reconciling Item [Line
Net Revenue
Earnings Before Interest and Taxes
Additions to Long-lived Assets
Depreciation
Operating Segments | Corporate
Segment Reporting, Revenue Reconciling Item [Line
Net Revenue
Earnings Before Interest and Taxes
Additions to Long-lived Assets
Depreciation
Segment Reconciling Items
Segment Reporting, Revenue Reconciling Item [Line
Interest expense (income), net

Items]

Items]

Items]

Items]

Items]

May. 31, 2015

12 Months Ended
May. 31, 2014

May. 31, 2013

$ 30,601
28
4,205
606

$ 27,799
33
3,544
518

$ 25,313
(3)
3,256
438

30,601
4,233
4,205
1,003
606

27,799
3,577
3,544
922
518

25,313
3,253
3,256
781
418

28,701
4,817
790
513

26,112
4,117
731
448

23,881
3,737
608
365

13,740
3,645
208
121

12,299
3,077
240
109

11,158
2,639
132
92

5,709
1,277
216
75

4,979
855
120
71

4,193
643
75
68

1,417
247
20
12

1,387
279
19
11

1,229
234
22
9

3,067
993
69
46

2,602
816
63
38

2,478
813
52
32

755
100
15
22

771
131
9
19

876
139
7
22

3,898
818
37
27

3,949
952
55
25

3,832
985
50
20

115
(2,263)
225
210

125
(1,993)
225
175

115
(1,716)
270
122

1,982
517
69
18

1,684
496
30
16

1,449
425
20
15

(82)
(1,101)
144
75

3
(1,036)
161
54

$ 28

$ 33

(17)
(909)
153
38

$ (3)

Operating Segments and Related Information - Accounts Receivable Net Inventories an

Property Plant and Equipment Net by Operating Segments (Detail) - USD ($) $ in Millio
Segment Reporting, Asset Reconciling Item [Line Items]
Accounts Receivable, net
Inventories
Property, Plant and Equipment, net
Operating Segments
Segment Reporting, Asset Reconciling Item [Line Items]
Accounts Receivable, net
Inventories
Property, Plant and Equipment, net
Operating Segments | NIKE Brand
Segment Reporting, Asset Reconciling Item [Line Items]
Accounts Receivable, net
Inventories
Property, Plant and Equipment, net
Operating Segments | NIKE Brand | North America
Segment Reporting, Asset Reconciling Item [Line Items]
Accounts Receivable, net
Inventories
Property, Plant and Equipment, net
Operating Segments | NIKE Brand | Western Europe
Segment Reporting, Asset Reconciling Item [Line Items]
Accounts Receivable, net
Inventories
Property, Plant and Equipment, net
Operating Segments | NIKE Brand | Central & Eastern Europe
Segment Reporting, Asset Reconciling Item [Line Items]
Accounts Receivable, net
Inventories
Property, Plant and Equipment, net
Operating Segments | NIKE Brand | Greater China
Segment Reporting, Asset Reconciling Item [Line Items]
Accounts Receivable, net
Inventories
Property, Plant and Equipment, net
Operating Segments | NIKE Brand | Japan
Segment Reporting, Asset Reconciling Item [Line Items]
Accounts Receivable, net
Inventories
Property, Plant and Equipment, net
Operating Segments | NIKE Brand | Emerging Markets
Segment Reporting, Asset Reconciling Item [Line Items]
Accounts Receivable, net
Inventories

Property, Plant and Equipment, net

Operating Segments | NIKE Brand | Global Brand Divisions
Segment Reporting, Asset Reconciling Item [Line Items]
Accounts Receivable, net
Inventories
Property, Plant and Equipment, net
Operating Segments | Converse
Segment Reporting, Asset Reconciling Item [Line Items]
Accounts Receivable, net
Inventories
Property, Plant and Equipment, net
Operating Segments | Corporate
Segment Reporting, Asset Reconciling Item [Line Items]
Accounts Receivable, net
Inventories
Property, Plant and Equipment, net

May. 31, 2015

May. 31, 2014

$ 3,358
4,337
3,011

$ 3,434
3,947
2,834

3,358
4,337
3,011

3,434
3,947
2,834

3,090
3,978
2,176

3,246
3,706
2,122

1,737
2,207
632

1,505
1,758
545

344
699
451

341
711
384

242
169
47

280
271
51

84
249
254

68
221
232

134
94
205

162
94
258

461
528

819
633

103

115

88
32
484

71
18
537

258
237
122

171
261
70

10
122
$ 713

17
(20)
$ 642

Operating Segments and Related Information - Revenues by Major Product Line (Detail
USD ($) $ in Millions
Revenue from External Customer [Line Items]
Revenues
Footwear
Revenue from External Customer [Line Items]
Revenues
Apparel
Revenue from External Customer [Line Items]
Revenues
Equipment
Revenue from External Customer [Line Items]
Revenues
Other
Revenue from External Customer [Line Items]
Revenues

May. 31, 2015

12 Months Ended
May. 31, 2014

May. 31, 2013

$ 30,601

$ 27,799

$ 25,313

18,318

16,208

14,635

8,636

8,109

7,491

1,632

1,670

1,640

$ 2,015

$ 1,812

$ 1,547

Operating Segments and Related Information - Additional Information (Detail) $ in

Millions
Sales Revenue, Net
Regional Reporting Disclosure [Line Items]
Number of customers exceeding risk threshold | customer
Concentration risk percentage
UNITED STATES
Regional Reporting Disclosure [Line Items]
Revenue
Long-lived assets attributable to operations (Domestic)
Japan
Regional Reporting Disclosure [Line Items]
Long-lived assets attributable to operations (Domestic)
BELGIUM
Regional Reporting Disclosure [Line Items]
Long-lived assets attributable to operations (Domestic)
CHINA
Regional Reporting Disclosure [Line Items]
Long-lived assets attributable to operations (Domestic)

12 Months Ended
May. 31, 2014USD ($)customer

May. 31, 2015USD ($)customer

$ 14,180
1,877

$ 12,711
1,652

205

258

234

175

$ 267

$ 234

10.00%

d
May. 31, 2013USD ($)customer

$ 11,385

SCHEDULE II - Valuation and Qualifyin

Allowance for Sales Returns
Movement in Valuation Allowances and Reserves [Roll Forward]
Balance at Beginning of Period
Charged to Costs and Expenses
Charged to Other Accounts
Write-Offs, Net
Balance at End of Period
Allowance for Doubtful Accounts
Movement in Valuation Allowances and Reserves [Roll Forward]
Balance at Beginning of Period
Charged to Costs and Expenses
Charged to Other Accounts
Write-Offs, Net
Balance at End of Period
[1]
[2]

ualifying Accounts (Detail) - USD ($) $ in Millions

[1]

[2]
[2]
[1],[2]
[2]
[2]

Amounts included in this column primarily relate to foreign currency translation.

Includes both current and non-current portions of the allowance for doubtful accounts. The non-cu
income taxes and other assets on the Consolidated Balance Sheets.

May. 31, 2015

12 Months Ended
May. 31, 2014

May. 31, 2013

$ 308
726
(35)
(620)
379

$ 241
619
(3)
(549)
308

$ 173
538
1
(471)
241

78
35
(15)
(20)
$ 78

104
13
(2)
(37)
$ 78

91
31
1
(19)
$ 104

non-current portion is included in Deferred