v2.4.0.6
Long Term Debt Net of Unamortized Premiums and Discounts and Swap Fair Value Adjustments (Parenthetical) (Detail)
In Millions, unless otherwise specified
 12 Months Ended
May 31, 2012
Minimum
May 31, 2012
Maximum
May 31, 2012
2.6% and 2.0% Japanese Yen note, maturing August 20, 2001 through November 20, 2020
JPY (¥)
May 31, 2012
5.66% Corporate bond, payable July 23, 2012
USD ($)
May 31, 2012
5.40% Corporate bond, payable August 7, 2012
USD ($)
May 31, 2012
4.70% Corporate bond, payable October 1, 2013
USD ($)
May 31, 2012
5.15% Corporate bond, payable October 15, 2015
USD ($)
May 31, 2012
4.30% Japanese Yen note, payable June 26, 2011
JPY (¥)
May 31, 2012
1.52% Japanese Yen note, payable February 14, 2012
JPY (¥)
May 31, 2012
2.60% Japanese Yen note, maturing August 20, 2001 through November 20, 2020
JPY (¥)
May 31, 2012
2.00% Japanese Yen note, maturing August 20, 2001 through November 20, 2020
JPY (¥)
Debt Instrument [Line Items]                      
Long-term debt, maturity date       Jul. 23, 2012 Aug. 07, 2012 Oct. 01, 2013 Oct. 15, 2015 Jun. 26, 2011 Feb. 14, 2012 Nov. 20, 2020 Nov. 20, 2020
Interest Rates swap, lower range of variable interest rate payable 0.60%                    
Interest Rates swap, higher range of variable interest rate payable   1.00%                  
Long Term Debt, original principal     ¥ 13,000 $ 25 [1] $ 15 [1] $ 50 [1] $ 100 [1] ¥ 10,500 ¥ 5,000 ¥ 9,000 [2] ¥ 4,000 [2]
Debt instrument, minimum maturity date     2001-08-20                
Debt instrument, maximum maturity date     2020-11-20                
[1] For each of these notes, except the $50 million note maturing in October 1, 2013, the Company has entered into interest rate swap agreements whereby the Company receives fixed interest payments at the same rate as the notes and pays variable interest payments based on the six-month LIBOR plus a spread. Each swap has the same notional amount and maturity date as the corresponding note. At May 31, 2012, the interest rates payable on these swap agreements ranged from approximately 0.6% to 1.0%.
[2] NIKE Logistics YK assumed a total of ¥13.0 billion in loans as part of its agreement to purchase a distribution center in Japan, which serves as collateral for the loans. These loans mature in equal quarterly installments during the period August 20, 2001 through November 20, 2020.