Created by potrace 1.16, written by Peter Selinger 2001-2019beatandraise.com

NIKE, Inc.

Statements

Graphics

campion_photo.jpgcumulativetotalreturn_line.jpggrossmarginwalk_bar.jpghill_photo.jpgkrane_photo.jpgmatheson_photo.jpgnikebrand-geography_pie.jpgnikebrand-product_pie.jpgnikebrand-sales_pie.jpgnikelogoorange.jpgparker_photo.jpgslusher_photo.jpgsprunk_photo.jpg
NotesSupport
aboutterms
0000320187 2018-06-01 2019-05-31 0000320187 us-gaap:CommonClassAMember 2018-11-30 0000320187 us-gaap:CommonClassBMember 2019-07-19 0000320187 2018-11-30 0000320187 us-gaap:CommonClassBMember 2018-11-30 0000320187 us-gaap:CommonClassAMember 2019-07-19 0000320187 2017-06-01 2018-05-31 0000320187 2016-06-01 2017-05-31 0000320187 2019-05-31 0000320187 us-gaap:CommonClassAMember 2019-05-31 0000320187 2018-05-31 0000320187 us-gaap:CommonClassBMember 2018-05-31 0000320187 us-gaap:CommonClassAMember 2018-05-31 0000320187 us-gaap:CommonClassBMember 2019-05-31 0000320187 2017-05-31 0000320187 2016-05-31 0000320187 us-gaap:AdditionalPaidInCapitalMember 2017-06-01 2018-05-31 0000320187 us-gaap:CommonClassAMember us-gaap:CommonStockMember 2018-05-31 0000320187 us-gaap:RetainedEarningsMember 2016-06-01 2017-05-31 0000320187 us-gaap:CommonClassAMember us-gaap:CommonStockMember 2019-05-31 0000320187 srt:RestatementAdjustmentMember us-gaap:AccountingStandardsUpdate201409Member 2019-05-31 0000320187 us-gaap:AdditionalPaidInCapitalMember 2018-06-01 2019-05-31 0000320187 us-gaap:CommonClassBMember us-gaap:CommonStockMember 2017-06-01 2018-05-31 0000320187 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2016-05-31 0000320187 us-gaap:AdditionalPaidInCapitalMember 2016-06-01 2017-05-31 0000320187 us-gaap:CommonClassBMember us-gaap:CommonStockMember 2018-06-01 2019-05-31 0000320187 us-gaap:CommonClassAMember us-gaap:CommonStockMember 2016-06-01 2017-05-31 0000320187 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2019-05-31 0000320187 us-gaap:CommonClassBMember us-gaap:CommonStockMember 2017-05-31 0000320187 us-gaap:AdditionalPaidInCapitalMember 2018-05-31 0000320187 nke:AccountingStandardsUpdate201802Member us-gaap:AccumulatedOtherComprehensiveIncomeMember 2018-02-28 0000320187 us-gaap:AdditionalPaidInCapitalMember 2017-05-31 0000320187 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2017-06-01 2018-05-31 0000320187 us-gaap:RetainedEarningsMember 2018-06-01 2019-05-31 0000320187 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2018-06-01 2019-05-31 0000320187 us-gaap:CommonClassAMember us-gaap:CommonStockMember 2016-05-31 0000320187 us-gaap:CommonClassBMember us-gaap:CommonStockMember 2016-05-31 0000320187 srt:RestatementAdjustmentMember us-gaap:AccountingStandardsUpdate201616Member us-gaap:RetainedEarningsMember 2019-05-31 0000320187 us-gaap:RetainedEarningsMember 2016-05-31 0000320187 us-gaap:CommonClassBMember us-gaap:CommonStockMember 2016-06-01 2017-05-31 0000320187 us-gaap:RetainedEarningsMember 2017-06-01 2018-05-31 0000320187 us-gaap:RetainedEarningsMember 2019-05-31 0000320187 us-gaap:CommonClassAMember us-gaap:CommonStockMember 2017-05-31 0000320187 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2018-05-31 0000320187 srt:RestatementAdjustmentMember us-gaap:AccountingStandardsUpdate201616Member 2019-05-31 0000320187 us-gaap:CommonClassBMember us-gaap:CommonStockMember 2019-05-31 0000320187 us-gaap:RetainedEarningsMember 2017-05-31 0000320187 us-gaap:CommonClassBMember us-gaap:CommonStockMember 2018-05-31 0000320187 srt:RestatementAdjustmentMember us-gaap:AccountingStandardsUpdate201409Member us-gaap:RetainedEarningsMember 2019-05-31 0000320187 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2016-06-01 2017-05-31 0000320187 nke:AccountingStandardsUpdate201802Member us-gaap:RetainedEarningsMember 2018-02-28 0000320187 us-gaap:AdditionalPaidInCapitalMember 2016-05-31 0000320187 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2017-05-31 0000320187 us-gaap:RetainedEarningsMember 2018-05-31 0000320187 us-gaap:AdditionalPaidInCapitalMember 2019-05-31 0000320187 us-gaap:CommonClassAMember us-gaap:CommonStockMember 2018-06-01 2019-05-31 0000320187 us-gaap:AccountingStandardsUpdate201409Member us-gaap:DifferenceBetweenRevenueGuidanceInEffectBeforeAndAfterTopic606Member 2019-05-31 0000320187 us-gaap:CalculatedUnderRevenueGuidanceInEffectBeforeTopic606Member 2019-05-31 0000320187 srt:MaximumMember us-gaap:BuildingAndBuildingImprovementsMember 2018-06-01 2019-05-31 0000320187 srt:MaximumMember us-gaap:SoftwareAndSoftwareDevelopmentCostsMember 2018-06-01 2019-05-31 0000320187 us-gaap:PrepaidExpensesAndOtherCurrentAssetsMember 2018-05-31 0000320187 srt:MinimumMember us-gaap:MachineryAndEquipmentMember 2018-06-01 2019-05-31 0000320187 us-gaap:AccountingStandardsUpdate201616Member 2018-06-01 0000320187 us-gaap:PrepaidExpensesAndOtherCurrentAssetsMember 2019-05-31 0000320187 nke:StockIncentivePlanMember 2018-06-01 2019-05-31 0000320187 nke:AccountingStandardsUpdate201802Member 2018-02-28 0000320187 srt:MinimumMember us-gaap:BuildingAndBuildingImprovementsMember 2018-06-01 2019-05-31 0000320187 us-gaap:AccountingStandardsUpdate201602Member us-gaap:SubsequentEventMember 2019-06-01 0000320187 us-gaap:AccountingStandardsUpdate201409Member 2018-06-01 0000320187 us-gaap:OtherNoncurrentAssetsMember 2018-05-31 0000320187 us-gaap:OtherNoncurrentAssetsMember 2019-05-31 0000320187 srt:MinimumMember us-gaap:SoftwareAndSoftwareDevelopmentCostsMember 2018-06-01 2019-05-31 0000320187 srt:MaximumMember us-gaap:MachineryAndEquipmentMember 2018-06-01 2019-05-31 0000320187 srt:MinimumMember us-gaap:LeaseholdImprovementsMember 2018-06-01 2019-05-31 0000320187 srt:MaximumMember us-gaap:LandImprovementsMember 2018-06-01 2019-05-31 0000320187 srt:MaximumMember us-gaap:LeaseholdImprovementsMember 2018-06-01 2019-05-31 0000320187 srt:MinimumMember us-gaap:LandImprovementsMember 2018-06-01 2019-05-31 0000320187 us-gaap:LandAndLandImprovementsMember 2019-05-31 0000320187 us-gaap:ConstructionInProgressMember 2018-05-31 0000320187 us-gaap:BuildingMember 2018-05-31 0000320187 nke:MachineryEquipmentAndInternalUseSoftwareGrossMember 2018-05-31 0000320187 us-gaap:BuildingMember 2019-05-31 0000320187 nke:MachineryEquipmentAndInternalUseSoftwareGrossMember 2019-05-31 0000320187 us-gaap:LeaseholdImprovementsMember 2019-05-31 0000320187 us-gaap:LeaseholdImprovementsMember 2018-05-31 0000320187 us-gaap:LandAndLandImprovementsMember 2018-05-31 0000320187 us-gaap:ConstructionInProgressMember 2019-05-31 0000320187 nke:AcquiredTrademarksAndOtherIntangiblesMember 2018-05-31 0000320187 nke:AcquiredTrademarksAndOtherIntangiblesMember 2019-05-31 0000320187 nke:ConverseSegmentMember 2019-05-31 0000320187 nke:ConverseSegmentMember 2018-05-31 0000320187 us-gaap:ForeignExchangeContractMember us-gaap:FairValueInputsLevel2Member us-gaap:FairValueMeasurementsRecurringMember 2019-05-31 0000320187 us-gaap:EmbeddedDerivativeFinancialInstrumentsMember us-gaap:FairValueInputsLevel2Member us-gaap:FairValueMeasurementsRecurringMember 2019-05-31 0000320187 us-gaap:FairValueInputsLevel2Member us-gaap:FairValueMeasurementsRecurringMember 2019-05-31 0000320187 us-gaap:CashAndCashEquivalentsMember us-gaap:ForeignExchangeContractMember 2019-05-31 0000320187 us-gaap:AvailableforsaleSecuritiesMember 2019-05-31 0000320187 us-gaap:ForeignExchangeContractMember us-gaap:FairValueMeasurementsRecurringMember 2018-05-31 0000320187 us-gaap:CashAndCashEquivalentsMember us-gaap:ForeignExchangeContractMember 2018-05-31 0000320187 nke:InterestIncomeExpenseNetMember 2016-06-01 2017-05-31 0000320187 nke:InterestIncomeExpenseNetMember 2017-06-01 2018-05-31 0000320187 nke:InterestIncomeExpenseNetMember 2018-06-01 2019-05-31 0000320187 us-gaap:ForeignExchangeContractMember us-gaap:FairValueMeasurementsRecurringMember 2019-05-31 0000320187 us-gaap:FairValueInputsLevel2Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:USGovernmentAgenciesDebtSecuritiesMember 2019-05-31 0000320187 us-gaap:FairValueInputsLevel2Member us-gaap:FairValueMeasurementsRecurringMember nke:CommercialPaperandBondsMember 2019-05-31 0000320187 us-gaap:FairValueInputsLevel2Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:BankTimeDepositsMember 2019-05-31 0000320187 us-gaap:FairValueMeasurementsRecurringMember 2019-05-31 0000320187 us-gaap:FairValueInputsLevel2Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:MoneyMarketFundsMember 2019-05-31 0000320187 us-gaap:FairValueInputsLevel1Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:USTreasurySecuritiesMember 2019-05-31 0000320187 us-gaap:FairValueInputsLevel2Member us-gaap:FairValueMeasurementsRecurringMember nke:CommercialPaperandBondsMember 2018-05-31 0000320187 us-gaap:FairValueInputsLevel2Member us-gaap:FairValueMeasurementsRecurringMember 2018-05-31 0000320187 us-gaap:FairValueMeasurementsRecurringMember 2018-05-31 0000320187 us-gaap:FairValueInputsLevel2Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:MoneyMarketFundsMember 2018-05-31 0000320187 us-gaap:FairValueInputsLevel2Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:USGovernmentAgenciesDebtSecuritiesMember 2018-05-31 0000320187 us-gaap:FairValueInputsLevel2Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:BankTimeDepositsMember 2018-05-31 0000320187 us-gaap:FairValueInputsLevel1Member us-gaap:FairValueMeasurementsRecurringMember us-gaap:USTreasurySecuritiesMember 2018-05-31 0000320187 us-gaap:ForeignExchangeContractMember us-gaap:FairValueInputsLevel2Member us-gaap:FairValueMeasurementsRecurringMember 2018-05-31 0000320187 us-gaap:EmbeddedDerivativeFinancialInstrumentsMember us-gaap:FairValueInputsLevel2Member us-gaap:FairValueMeasurementsRecurringMember 2018-05-31 0000320187 nke:SojitzAmericaMember nke:InterestBearingAccountsPayableMember 2018-06-01 2019-05-31 0000320187 us-gaap:CommercialPaperMember 2018-05-31 0000320187 us-gaap:RevolvingCreditFacilityMember 2018-06-01 2019-05-31 0000320187 us-gaap:RevolvingCreditFacilityMember 2019-05-31 0000320187 us-gaap:CommercialPaperMember 2019-05-31 0000320187 nke:InterestBearingAccountsPayableMember nke:SixtyDaysLondonInterbankOfferedRateLIBORMember 2018-06-01 2019-05-31 0000320187 us-gaap:RevolvingCreditFacilityMember us-gaap:LondonInterbankOfferedRateLIBORMember 2018-06-01 2019-05-31 0000320187 us-gaap:RevolvingCreditFacilityMember 2015-08-28 0000320187 us-gaap:NotesPayableOtherPayablesMember 2019-05-31 0000320187 nke:SojitzAmericaMember 2018-05-31 0000320187 nke:InternationalOperationsMember us-gaap:NotesPayableOtherPayablesMember 2018-05-31 0000320187 nke:InternationalOperationsMember us-gaap:NotesPayableOtherPayablesMember 2019-05-31 0000320187 nke:SojitzAmericaMember 2019-05-31 0000320187 country:US us-gaap:NotesPayableOtherPayablesMember 2019-05-31 0000320187 country:US us-gaap:NotesPayableOtherPayablesMember 2018-05-31 0000320187 us-gaap:NotesPayableOtherPayablesMember 2018-05-31 0000320187 us-gaap:RevolvingCreditFacilityMember 2018-05-31 0000320187 us-gaap:CorporateDebtSecuritiesMember 2018-06-01 2019-05-31 0000320187 nke:JapaneseYenNote2.6PercentAnd2.0PercentMaturingAugust202001ThroughNovember202020Member 2019-05-31 0000320187 us-gaap:FairValueInputsLevel2Member 2018-05-31 0000320187 us-gaap:FairValueInputsLevel2Member 2019-05-31 0000320187 nke:CorporateBond3.38PercentDueNovember12046Member us-gaap:CorporateDebtSecuritiesMember 2019-05-31 0000320187 nke:JapaneseYenNote2.0PercentMaturingAugust202001ThroughNovember202020Member us-gaap:NotesPayableOtherPayablesMember 2019-05-31 0000320187 nke:CorporateBond2.38PercentDueNovember12026Member us-gaap:CorporateDebtSecuritiesMember 2018-05-31 0000320187 nke:CorporateBondThreePointSixThreePercentDueMay12043Member us-gaap:CorporateDebtSecuritiesMember 2019-05-31 0000320187 nke:CorporateBond3.38PercentDueNovember12046Member us-gaap:CorporateDebtSecuritiesMember 2018-05-31 0000320187 nke:CorporateBondTwoPointTwoFivePercentDueMay12023Member us-gaap:CorporateDebtSecuritiesMember 2019-05-31 0000320187 nke:CorporateBond3.88PercentDueNovember12045Member us-gaap:CorporateDebtSecuritiesMember 2019-05-31 0000320187 nke:CorporateBond2.38PercentDueNovember12026Member us-gaap:CorporateDebtSecuritiesMember 2018-06-01 2019-05-31 0000320187 nke:JapaneseYenNote2.6PercentMaturingAugust202001ThroughNovember202020Member us-gaap:NotesPayableOtherPayablesMember 2019-05-31 0000320187 nke:CorporateBondThreePointSixThreePercentDueMay12043Member us-gaap:CorporateDebtSecuritiesMember 2018-05-31 0000320187 nke:JapaneseYenNote2.6PercentMaturingAugust202001ThroughNovember202020Member us-gaap:NotesPayableOtherPayablesMember 2018-05-31 0000320187 nke:CorporateBond2.38PercentDueNovember12026Member us-gaap:CorporateDebtSecuritiesMember 2019-05-31 0000320187 nke:JapaneseYenNote2.6PercentMaturingAugust202001ThroughNovember202020Member us-gaap:NotesPayableOtherPayablesMember 2018-06-01 2019-05-31 0000320187 nke:CorporateBondTwoPointTwoFivePercentDueMay12023Member us-gaap:CorporateDebtSecuritiesMember 2018-06-01 2019-05-31 0000320187 nke:CorporateBondTwoPointTwoFivePercentDueMay12023Member us-gaap:CorporateDebtSecuritiesMember 2018-05-31 0000320187 nke:CorporateBond3.88PercentDueNovember12045Member us-gaap:CorporateDebtSecuritiesMember 2018-06-01 2019-05-31 0000320187 nke:CorporateBond3.38PercentDueNovember12046Member us-gaap:CorporateDebtSecuritiesMember 2018-06-01 2019-05-31 0000320187 nke:JapaneseYenNote2.0PercentMaturingAugust202001ThroughNovember202020Member us-gaap:NotesPayableOtherPayablesMember 2018-05-31 0000320187 nke:CorporateBondThreePointSixThreePercentDueMay12043Member us-gaap:CorporateDebtSecuritiesMember 2018-06-01 2019-05-31 0000320187 nke:CorporateBond3.88PercentDueNovember12045Member us-gaap:CorporateDebtSecuritiesMember 2018-05-31 0000320187 nke:JapaneseYenNote2.0PercentMaturingAugust202001ThroughNovember202020Member us-gaap:NotesPayableOtherPayablesMember 2018-06-01 2019-05-31 0000320187 nke:DeferredIncomeTaxesAndOtherLongTermLiabilitiesMember 2019-05-31 0000320187 nke:DeferredIncomeTaxesAndOtherLongTermLiabilitiesMember 2018-05-31 0000320187 us-gaap:RedeemablePreferredStockMember 2019-05-31 0000320187 us-gaap:RedeemablePreferredStockMember 2018-06-01 2019-05-31 0000320187 nke:StockIncentivePlanMember 2019-05-31 0000320187 nke:StockIncentivePlanMember 2018-05-31 0000320187 nke:RestrictedStockAndRestrictedStockUnitsMember 2018-06-01 2019-05-31 0000320187 nke:StockIncentivePlanMember us-gaap:CommonClassBMember 2018-06-01 2019-05-31 0000320187 nke:StockIncentivePlanMember us-gaap:CommonClassBMember 2019-05-31 0000320187 us-gaap:EmployeeStockMember us-gaap:CommonClassBMember 2017-06-01 2018-05-31 0000320187 nke:StockIncentivePlanMember us-gaap:CommonClassBMember 2017-06-01 2018-05-31 0000320187 us-gaap:EmployeeStockMember us-gaap:CommonClassBMember 2018-06-01 2019-05-31 0000320187 us-gaap:EmployeeStockOptionMember nke:StockIncentivePlanMember us-gaap:CommonClassBMember 2016-06-01 2017-05-31 0000320187 us-gaap:EmployeeStockOptionMember nke:StockIncentivePlanMember 2018-06-01 2019-05-31 0000320187 us-gaap:EmployeeStockMember us-gaap:CommonClassBMember 2016-06-01 2017-05-31 0000320187 nke:RestrictedStockAndRestrictedStockUnitsMember 2016-06-01 2017-05-31 0000320187 us-gaap:EmployeeStockOptionMember nke:StockIncentivePlanMember us-gaap:CommonClassBMember 2018-06-01 2019-05-31 0000320187 nke:StockIncentivePlanMember us-gaap:CommonClassBMember 2016-06-01 2017-05-31 0000320187 us-gaap:EmployeeStockOptionMember nke:StockIncentivePlanMember us-gaap:CommonClassBMember 2017-06-01 2018-05-31 0000320187 nke:RestrictedStockAndRestrictedStockUnitsMember 2019-05-31 0000320187 nke:RestrictedStockAndRestrictedStockUnitsMember 2017-06-01 2018-05-31 0000320187 us-gaap:CommonClassAMember 2018-06-01 2019-05-31 0000320187 us-gaap:EmployeeStockOptionMember nke:StockIncentivePlanMember 2019-05-31 0000320187 us-gaap:EmployeeStockMember us-gaap:CommonClassBMember 2019-05-31 0000320187 nke:RestrictedStockAndRestrictedStockUnitsMember 2018-05-31 0000320187 us-gaap:CommonClassBMember 2016-06-01 2017-05-31 0000320187 us-gaap:EmployeeStockOptionMember us-gaap:CommonClassBMember 2016-06-01 2017-05-31 0000320187 us-gaap:EmployeeStockOptionMember us-gaap:CommonClassBMember 2018-06-01 2019-05-31 0000320187 us-gaap:CommonClassBMember 2018-06-01 2019-05-31 0000320187 us-gaap:RestrictedStockMember us-gaap:CommonClassBMember 2018-06-01 2019-05-31 0000320187 us-gaap:CommonClassBMember 2017-06-01 2018-05-31 0000320187 us-gaap:RestrictedStockMember us-gaap:CommonClassBMember 2016-06-01 2017-05-31 0000320187 us-gaap:RestrictedStockMember us-gaap:CommonClassBMember 2017-06-01 2018-05-31 0000320187 us-gaap:EmployeeStockOptionMember us-gaap:CommonClassBMember 2017-06-01 2018-05-31 0000320187 us-gaap:EmployeeStockOptionMember 2016-06-01 2017-05-31 0000320187 us-gaap:EmployeeStockOptionMember 2017-06-01 2018-05-31 0000320187 us-gaap:EmployeeStockOptionMember 2018-06-01 2019-05-31 0000320187 us-gaap:EmployeeStockOptionMember 2017-06-01 2018-05-31 0000320187 us-gaap:EmployeeStockOptionMember 2016-06-01 2017-05-31 0000320187 us-gaap:EmployeeStockOptionMember 2018-06-01 2019-05-31 0000320187 nke:LongTermIncentivePlansMember us-gaap:GeneralAndAdministrativeExpenseMember 2018-06-01 2019-05-31 0000320187 nke:LongTermIncentivePlansMember us-gaap:GeneralAndAdministrativeExpenseMember 2017-06-01 2018-05-31 0000320187 us-gaap:DeferredProfitSharingMember us-gaap:GeneralAndAdministrativeExpenseMember 2017-06-01 2018-05-31 0000320187 us-gaap:DeferredProfitSharingMember us-gaap:GeneralAndAdministrativeExpenseMember 2018-06-01 2019-05-31 0000320187 nke:LongTermIncentivePlansMember us-gaap:GeneralAndAdministrativeExpenseMember 2016-06-01 2017-05-31 0000320187 us-gaap:GeneralAndAdministrativeExpenseMember 2016-06-01 2017-05-31 0000320187 us-gaap:GeneralAndAdministrativeExpenseMember 2018-06-01 2019-05-31 0000320187 us-gaap:DeferredProfitSharingMember us-gaap:GeneralAndAdministrativeExpenseMember 2016-06-01 2017-05-31 0000320187 us-gaap:GeneralAndAdministrativeExpenseMember 2017-06-01 2018-05-31 0000320187 srt:MinimumMember us-gaap:CashFlowHedgingMember 2018-06-01 2019-05-31 0000320187 us-gaap:CashFlowHedgingMember 2018-06-01 2019-05-31 0000320187 us-gaap:CashFlowHedgingMember 2019-05-31 0000320187 us-gaap:ForeignExchangeContractMember us-gaap:NetInvestmentHedgingMember 2019-05-31 0000320187 us-gaap:EmbeddedDerivativeFinancialInstrumentsMember 2019-05-31 0000320187 us-gaap:InterestRateSwapMember us-gaap:FairValueHedgingMember 2019-05-31 0000320187 srt:MaximumMember us-gaap:CashFlowHedgingMember 2018-06-01 2019-05-31 0000320187 us-gaap:CashAndCashEquivalentsMember 2019-05-31 0000320187 nke:NotDesignatedasDerivativeInstrumentMember 2019-05-31 0000320187 srt:MinimumMember 2019-05-31 0000320187 us-gaap:ForeignExchangeContractMember us-gaap:CashFlowHedgingMember nke:OtherIncomeAndExpenseMember 2017-06-01 2018-05-31 0000320187 us-gaap:InterestRateSwapMember us-gaap:CashFlowHedgingMember nke:InterestIncomeExpenseNetMember 2016-06-01 2017-05-31 0000320187 us-gaap:InterestRateSwapMember us-gaap:CashFlowHedgingMember nke:InterestIncomeExpenseNetMember 2017-06-01 2018-05-31 0000320187 us-gaap:CashFlowHedgingMember 2017-06-01 2018-05-31 0000320187 us-gaap:ForeignExchangeContractMember us-gaap:CashFlowHedgingMember us-gaap:SalesMember 2016-06-01 2017-05-31 0000320187 us-gaap:ForeignExchangeContractMember us-gaap:CashFlowHedgingMember us-gaap:CostOfGoodsTotalMember 2018-06-01 2019-05-31 0000320187 us-gaap:ForeignExchangeContractMember us-gaap:CashFlowHedgingMember nke:DemandCreationExpenseMember 2016-06-01 2017-05-31 0000320187 us-gaap:ForeignExchangeContractMember us-gaap:CashFlowHedgingMember us-gaap:CostOfGoodsTotalMember 2016-06-01 2017-05-31 0000320187 us-gaap:ForeignExchangeContractMember us-gaap:CashFlowHedgingMember nke:OtherIncomeAndExpenseMember 2018-06-01 2019-05-31 0000320187 us-gaap:InterestRateSwapMember us-gaap:CashFlowHedgingMember nke:InterestIncomeExpenseNetMember 2018-06-01 2019-05-31 0000320187 us-gaap:ForeignExchangeContractMember us-gaap:CashFlowHedgingMember nke:OtherIncomeAndExpenseMember 2016-06-01 2017-05-31 0000320187 us-gaap:ForeignExchangeContractMember us-gaap:CashFlowHedgingMember us-gaap:SalesMember 2017-06-01 2018-05-31 0000320187 us-gaap:ForeignExchangeContractMember us-gaap:CashFlowHedgingMember us-gaap:CostOfGoodsTotalMember 2017-06-01 2018-05-31 0000320187 us-gaap:CashFlowHedgingMember 2016-06-01 2017-05-31 0000320187 us-gaap:ForeignExchangeContractMember us-gaap:CashFlowHedgingMember nke:DemandCreationExpenseMember 2018-06-01 2019-05-31 0000320187 us-gaap:ForeignExchangeContractMember us-gaap:CashFlowHedgingMember nke:DemandCreationExpenseMember 2017-06-01 2018-05-31 0000320187 us-gaap:ForeignExchangeContractMember us-gaap:CashFlowHedgingMember us-gaap:SalesMember 2018-06-01 2019-05-31 0000320187 us-gaap:ForeignExchangeContractMember us-gaap:NondesignatedMember nke:OtherIncomeAndExpenseMember 2018-06-01 2019-05-31 0000320187 us-gaap:EmbeddedDerivativeFinancialInstrumentsMember us-gaap:NondesignatedMember nke:OtherIncomeAndExpenseMember 2018-06-01 2019-05-31 0000320187 us-gaap:ForeignExchangeContractMember us-gaap:NondesignatedMember nke:OtherIncomeAndExpenseMember 2016-06-01 2017-05-31 0000320187 us-gaap:ForeignExchangeContractMember us-gaap:NondesignatedMember nke:OtherIncomeAndExpenseMember 2017-06-01 2018-05-31 0000320187 us-gaap:EmbeddedDerivativeFinancialInstrumentsMember us-gaap:NondesignatedMember nke:OtherIncomeAndExpenseMember 2016-06-01 2017-05-31 0000320187 us-gaap:EmbeddedDerivativeFinancialInstrumentsMember us-gaap:NondesignatedMember nke:OtherIncomeAndExpenseMember 2017-06-01 2018-05-31 0000320187 us-gaap:AccruedLiabilitiesMember us-gaap:ForeignExchangeContractMember us-gaap:NondesignatedMember 2018-05-31 0000320187 nke:DeferredIncomeTaxesAndOtherLongTermLiabilitiesMember us-gaap:ForeignExchangeContractMember us-gaap:DesignatedAsHedgingInstrumentMember 2019-05-31 0000320187 nke:DeferredIncomeTaxesAndOtherLongTermLiabilitiesMember us-gaap:EmbeddedDerivativeFinancialInstrumentsMember us-gaap:NondesignatedMember 2019-05-31 0000320187 us-gaap:DesignatedAsHedgingInstrumentMember 2018-05-31 0000320187 us-gaap:AccruedLiabilitiesMember us-gaap:ForeignExchangeContractMember us-gaap:DesignatedAsHedgingInstrumentMember 2018-05-31 0000320187 us-gaap:AccruedLiabilitiesMember us-gaap:EmbeddedDerivativeFinancialInstrumentsMember us-gaap:NondesignatedMember 2019-05-31 0000320187 us-gaap:DesignatedAsHedgingInstrumentMember 2019-05-31 0000320187 us-gaap:NondesignatedMember 2018-05-31 0000320187 us-gaap:AccruedLiabilitiesMember us-gaap:ForeignExchangeContractMember us-gaap:DesignatedAsHedgingInstrumentMember 2019-05-31 0000320187 us-gaap:PrepaidExpensesAndOtherCurrentAssetsMember us-gaap:ForeignExchangeContractMember us-gaap:DesignatedAsHedgingInstrumentMember 2018-05-31 0000320187 us-gaap:PrepaidExpensesAndOtherCurrentAssetsMember us-gaap:EmbeddedDerivativeFinancialInstrumentsMember us-gaap:NondesignatedMember 2018-05-31 0000320187 nke:DeferredIncomeTaxesAndOtherLongTermAssetsMember us-gaap:EmbeddedDerivativeFinancialInstrumentsMember us-gaap:NondesignatedMember 2018-05-31 0000320187 us-gaap:NondesignatedMember 2019-05-31 0000320187 nke:DeferredIncomeTaxesAndOtherLongTermLiabilitiesMember us-gaap:ForeignExchangeContractMember us-gaap:DesignatedAsHedgingInstrumentMember 2018-05-31 0000320187 nke:DeferredIncomeTaxesAndOtherLongTermAssetsMember us-gaap:ForeignExchangeContractMember us-gaap:DesignatedAsHedgingInstrumentMember 2018-05-31 0000320187 us-gaap:PrepaidExpensesAndOtherCurrentAssetsMember us-gaap:ForeignExchangeContractMember us-gaap:DesignatedAsHedgingInstrumentMember 2019-05-31 0000320187 nke:DeferredIncomeTaxesAndOtherLongTermAssetsMember us-gaap:ForeignExchangeContractMember us-gaap:DesignatedAsHedgingInstrumentMember 2019-05-31 0000320187 us-gaap:AccruedLiabilitiesMember us-gaap:ForeignExchangeContractMember us-gaap:NondesignatedMember 2019-05-31 0000320187 us-gaap:PrepaidExpensesAndOtherCurrentAssetsMember us-gaap:ForeignExchangeContractMember us-gaap:NondesignatedMember 2018-05-31 0000320187 us-gaap:PrepaidExpensesAndOtherCurrentAssetsMember us-gaap:ForeignExchangeContractMember us-gaap:NondesignatedMember 2019-05-31 0000320187 nke:DeferredIncomeTaxesAndOtherLongTermAssetsMember us-gaap:EmbeddedDerivativeFinancialInstrumentsMember us-gaap:NondesignatedMember 2019-05-31 0000320187 us-gaap:PrepaidExpensesAndOtherCurrentAssetsMember us-gaap:EmbeddedDerivativeFinancialInstrumentsMember us-gaap:NondesignatedMember 2019-05-31 0000320187 us-gaap:AccruedLiabilitiesMember us-gaap:EmbeddedDerivativeFinancialInstrumentsMember us-gaap:NondesignatedMember 2018-05-31 0000320187 nke:DeferredIncomeTaxesAndOtherLongTermLiabilitiesMember us-gaap:EmbeddedDerivativeFinancialInstrumentsMember us-gaap:NondesignatedMember 2018-05-31 0000320187 us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember 2018-06-01 2019-05-31 0000320187 us-gaap:AccumulatedNetGainLossFromDesignatedOrQualifyingCashFlowHedgesMember 2018-06-01 2019-05-31 0000320187 nke:AccumulatedOtherAdjustmentsMember 2018-05-31 0000320187 nke:AccumulatedOtherAdjustmentsMember 2018-06-01 2019-05-31 0000320187 us-gaap:ParentMember 2019-05-31 0000320187 us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember 2018-05-31 0000320187 us-gaap:AccumulatedTranslationAdjustmentMember 2018-06-01 2019-05-31 0000320187 us-gaap:ParentMember 2018-05-31 0000320187 us-gaap:AccumulatedNetGainLossFromDesignatedOrQualifyingCashFlowHedgesMember 2019-05-31 0000320187 nke:AccumulatedOtherAdjustmentsMember 2019-05-31 0000320187 us-gaap:AccumulatedTranslationAdjustmentMember 2019-05-31 0000320187 us-gaap:AccumulatedTranslationAdjustmentMember 2018-05-31 0000320187 us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember 2019-05-31 0000320187 us-gaap:AccumulatedNetGainLossFromDesignatedOrQualifyingCashFlowHedgesMember 2018-05-31 0000320187 nke:ForeignExchangeForwardandOptionMember us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember us-gaap:AccumulatedNetGainLossFromDesignatedOrQualifyingCashFlowHedgesMember 2018-06-01 2019-05-31 0000320187 nke:ForeignExchangeForwardandOptionMember us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember us-gaap:AccumulatedNetGainLossFromDesignatedOrQualifyingCashFlowHedgesMember 2017-06-01 2018-05-31 0000320187 us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember us-gaap:AccumulatedNetGainLossFromDesignatedOrQualifyingCashFlowHedgesMember 2018-06-01 2019-05-31 0000320187 us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember us-gaap:AccumulatedNetGainLossFromDesignatedOrQualifyingCashFlowHedgesMember 2017-06-01 2018-05-31 0000320187 us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember nke:AccumulatedOtherAdjustmentsMember 2018-06-01 2019-05-31 0000320187 us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember 2018-06-01 2019-05-31 0000320187 us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember nke:AccumulatedOtherAdjustmentsMember 2017-06-01 2018-05-31 0000320187 us-gaap:InterestRateSwapMember us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember us-gaap:AccumulatedNetGainLossFromDesignatedOrQualifyingCashFlowHedgesMember 2017-06-01 2018-05-31 0000320187 us-gaap:InterestRateSwapMember us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember us-gaap:AccumulatedNetGainLossFromDesignatedOrQualifyingCashFlowHedgesMember 2018-06-01 2019-05-31 0000320187 us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember 2017-06-01 2018-05-31 0000320187 us-gaap:AccumulatedNetGainLossFromDesignatedOrQualifyingCashFlowHedgesMember 2017-06-01 2018-05-31 0000320187 us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember 2017-06-01 2018-05-31 0000320187 us-gaap:AccumulatedNetGainLossFromDesignatedOrQualifyingCashFlowHedgesMember 2017-05-31 0000320187 nke:AccumulatedOtherAdjustmentsMember 2017-06-01 2018-05-31 0000320187 us-gaap:AccumulatedTranslationAdjustmentMember 2017-05-31 0000320187 us-gaap:AccumulatedTranslationAdjustmentMember 2017-06-01 2018-05-31 0000320187 us-gaap:ParentMember 2017-05-31 0000320187 nke:AccumulatedOtherAdjustmentsMember 2017-05-31 0000320187 us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember 2017-05-31 0000320187 us-gaap:AccountsReceivableMember 2018-05-31 0000320187 us-gaap:AccruedLiabilitiesMember 2019-05-31 0000320187 nke:SalesChannelWholesaleMember 2018-06-01 2019-05-31 0000320187 nke:SportingEquipmentMember 2018-06-01 2019-05-31 0000320187 us-gaap:OperatingSegmentsMember nke:NIKEBrandMember nke:NorthAmericaSegmentMember 2018-06-01 2019-05-31 0000320187 us-gaap:OperatingSegmentsMember nke:OtherProductLinesMember nke:NIKEBrandMember nke:AsiaPacificAndLatinAmericaSegmentMember 2018-06-01 2019-05-31 0000320187 us-gaap:OperatingSegmentsMember nke:NIKEBrandMember nke:EuropeMiddleEastAndAfricaSegmentMember 2018-06-01 2019-05-31 0000320187 us-gaap:OperatingSegmentsMember nke:NIKEBrandMember nke:GreaterChinaSegmentMember 2018-06-01 2019-05-31 0000320187 us-gaap:CorporateNonSegmentMember us-gaap:SalesChannelDirectlyToConsumerMember 2018-06-01 2019-05-31 0000320187 us-gaap:OperatingSegmentsMember us-gaap:SalesChannelDirectlyToConsumerMember nke:NIKEBrandMember 2018-06-01 2019-05-31 0000320187 us-gaap:OperatingSegmentsMember nke:NIKEBrandMember nke:AsiaPacificAndLatinAmericaSegmentMember 2018-06-01 2019-05-31 0000320187 us-gaap:CorporateNonSegmentMember 2018-06-01 2019-05-31 0000320187 us-gaap:OperatingSegmentsMember nke:FootwearMember nke:NIKEBrandMember nke:EuropeMiddleEastAndAfricaSegmentMember 2018-06-01 2019-05-31 0000320187 us-gaap:OperatingSegmentsMember nke:ApparelMember nke:NIKEBrandMember nke:NorthAmericaSegmentMember 2018-06-01 2019-05-31 0000320187 us-gaap:MaterialReconcilingItemsMember us-gaap:SalesChannelDirectlyToConsumerMember 2018-06-01 2019-05-31 0000320187 us-gaap:OperatingSegmentsMember nke:FootwearMember nke:NIKEBrandMember nke:GreaterChinaSegmentMember 2018-06-01 2019-05-31 0000320187 us-gaap:OperatingSegmentsMember us-gaap:SalesChannelDirectlyToConsumerMember nke:NIKEBrandMember nke:NorthAmericaSegmentMember 2018-06-01 2019-05-31 0000320187 us-gaap:OperatingSegmentsMember nke:SalesChannelWholesaleMember nke:NIKEBrandMember nke:NorthAmericaSegmentMember 2018-06-01 2019-05-31 0000320187 us-gaap:OperatingSegmentsMember nke:SalesChannelOtherMember nke:NIKEBrandMember 2018-06-01 2019-05-31 0000320187 us-gaap:OperatingSegmentsMember nke:SportingEquipmentMember nke:NIKEBrandMember nke:AsiaPacificAndLatinAmericaSegmentMember 2018-06-01 2019-05-31 0000320187 nke:SalesChannelOtherMember 2018-06-01 2019-05-31 0000320187 us-gaap:OperatingSegmentsMember nke:SalesChannelOtherMember nke:NIKEBrandMember nke:EuropeMiddleEastAndAfricaSegmentMember 2018-06-01 2019-05-31 0000320187 us-gaap:CorporateNonSegmentMember nke:SportingEquipmentMember 2018-06-01 2019-05-31 0000320187 us-gaap:OperatingSegmentsMember nke:OtherProductLinesMember nke:NIKEBrandMember nke:GreaterChinaSegmentMember 2018-06-01 2019-05-31 0000320187 us-gaap:OperatingSegmentsMember nke:ConverseSegmentMember 2018-06-01 2019-05-31 0000320187 us-gaap:OperatingSegmentsMember nke:FootwearMember nke:NIKEBrandMember nke:AsiaPacificAndLatinAmericaSegmentMember 2018-06-01 2019-05-31 0000320187 us-gaap:OperatingSegmentsMember nke:SportingEquipmentMember nke:NIKEBrandMember nke:EuropeMiddleEastAndAfricaSegmentMember 2018-06-01 2019-05-31 0000320187 us-gaap:MaterialReconcilingItemsMember 2018-06-01 2019-05-31 0000320187 us-gaap:OperatingSegmentsMember nke:SalesChannelWholesaleMember nke:NIKEBrandMember 2018-06-01 2019-05-31 0000320187 us-gaap:OperatingSegmentsMember nke:SalesChannelWholesaleMember nke:ConverseSegmentMember 2018-06-01 2019-05-31 0000320187 us-gaap:CorporateNonSegmentMember nke:ApparelMember 2018-06-01 2019-05-31 0000320187 nke:FootwearMember 2018-06-01 2019-05-31 0000320187 us-gaap:CorporateNonSegmentMember nke:FootwearMember 2018-06-01 2019-05-31 0000320187 us-gaap:OperatingSegmentsMember us-gaap:SalesChannelDirectlyToConsumerMember nke:NIKEBrandMember nke:AsiaPacificAndLatinAmericaSegmentMember 2018-06-01 2019-05-31 0000320187 us-gaap:MaterialReconcilingItemsMember nke:ApparelMember 2018-06-01 2019-05-31 0000320187 nke:ApparelMember 2018-06-01 2019-05-31 0000320187 us-gaap:OperatingSegmentsMember nke:SalesChannelOtherMember nke:NIKEBrandMember nke:AsiaPacificAndLatinAmericaSegmentMember 2018-06-01 2019-05-31 0000320187 us-gaap:OperatingSegmentsMember nke:OtherProductLinesMember nke:NIKEBrandMember nke:EuropeMiddleEastAndAfricaSegmentMember 2018-06-01 2019-05-31 0000320187 us-gaap:CorporateNonSegmentMember nke:OtherProductLinesMember 2018-06-01 2019-05-31 0000320187 us-gaap:OperatingSegmentsMember nke:ApparelMember nke:ConverseSegmentMember 2018-06-01 2019-05-31 0000320187 us-gaap:OperatingSegmentsMember us-gaap:SalesChannelDirectlyToConsumerMember nke:NIKEBrandMember nke:EuropeMiddleEastAndAfricaSegmentMember 2018-06-01 2019-05-31 0000320187 us-gaap:MaterialReconcilingItemsMember nke:SalesChannelOtherMember 2018-06-01 2019-05-31 0000320187 us-gaap:OperatingSegmentsMember nke:OtherProductLinesMember nke:NIKEBrandMember 2018-06-01 2019-05-31 0000320187 us-gaap:OperatingSegmentsMember nke:FootwearMember nke:NIKEBrandMember nke:NorthAmericaSegmentMember 2018-06-01 2019-05-31 0000320187 us-gaap:OperatingSegmentsMember us-gaap:SalesChannelDirectlyToConsumerMember nke:ConverseSegmentMember 2018-06-01 2019-05-31 0000320187 us-gaap:OperatingSegmentsMember nke:ApparelMember nke:NIKEBrandMember 2018-06-01 2019-05-31 0000320187 us-gaap:OperatingSegmentsMember nke:FootwearMember nke:NIKEBrandMember 2018-06-01 2019-05-31 0000320187 nke:OtherProductLinesMember 2018-06-01 2019-05-31 0000320187 us-gaap:MaterialReconcilingItemsMember nke:SportingEquipmentMember 2018-06-01 2019-05-31 0000320187 us-gaap:OperatingSegmentsMember nke:SalesChannelOtherMember nke:NIKEBrandMember nke:NorthAmericaSegmentMember 2018-06-01 2019-05-31 0000320187 us-gaap:MaterialReconcilingItemsMember nke:SalesChannelWholesaleMember 2018-06-01 2019-05-31 0000320187 us-gaap:MaterialReconcilingItemsMember nke:FootwearMember 2018-06-01 2019-05-31 0000320187 us-gaap:OperatingSegmentsMember nke:SportingEquipmentMember nke:NIKEBrandMember nke:NorthAmericaSegmentMember 2018-06-01 2019-05-31 0000320187 us-gaap:MaterialReconcilingItemsMember nke:OtherProductLinesMember 2018-06-01 2019-05-31 0000320187 us-gaap:OperatingSegmentsMember nke:OtherProductLinesMember nke:ConverseSegmentMember 2018-06-01 2019-05-31 0000320187 us-gaap:OperatingSegmentsMember nke:SalesChannelWholesaleMember nke:NIKEBrandMember nke:GreaterChinaSegmentMember 2018-06-01 2019-05-31 0000320187 us-gaap:OperatingSegmentsMember nke:ApparelMember nke:NIKEBrandMember nke:EuropeMiddleEastAndAfricaSegmentMember 2018-06-01 2019-05-31 0000320187 us-gaap:OperatingSegmentsMember nke:SalesChannelOtherMember nke:ConverseSegmentMember 2018-06-01 2019-05-31 0000320187 us-gaap:OperatingSegmentsMember nke:SportingEquipmentMember nke:ConverseSegmentMember 2018-06-01 2019-05-31 0000320187 us-gaap:OperatingSegmentsMember nke:NIKEBrandMember 2018-06-01 2019-05-31 0000320187 us-gaap:SalesChannelDirectlyToConsumerMember 2018-06-01 2019-05-31 0000320187 us-gaap:OperatingSegmentsMember us-gaap:SalesChannelDirectlyToConsumerMember nke:NIKEBrandMember nke:GreaterChinaSegmentMember 2018-06-01 2019-05-31 0000320187 us-gaap:OperatingSegmentsMember nke:SalesChannelWholesaleMember nke:NIKEBrandMember nke:AsiaPacificAndLatinAmericaSegmentMember 2018-06-01 2019-05-31 0000320187 us-gaap:OperatingSegmentsMember nke:SportingEquipmentMember nke:NIKEBrandMember nke:GreaterChinaSegmentMember 2018-06-01 2019-05-31 0000320187 us-gaap:CorporateNonSegmentMember nke:SalesChannelOtherMember 2018-06-01 2019-05-31 0000320187 us-gaap:OperatingSegmentsMember nke:SportingEquipmentMember nke:NIKEBrandMember 2018-06-01 2019-05-31 0000320187 us-gaap:OperatingSegmentsMember nke:SalesChannelOtherMember nke:NIKEBrandMember nke:GreaterChinaSegmentMember 2018-06-01 2019-05-31 0000320187 us-gaap:OperatingSegmentsMember nke:ApparelMember nke:NIKEBrandMember nke:GreaterChinaSegmentMember 2018-06-01 2019-05-31 0000320187 us-gaap:CorporateNonSegmentMember nke:SalesChannelWholesaleMember 2018-06-01 2019-05-31 0000320187 us-gaap:OperatingSegmentsMember nke:SalesChannelWholesaleMember nke:NIKEBrandMember nke:EuropeMiddleEastAndAfricaSegmentMember 2018-06-01 2019-05-31 0000320187 us-gaap:OperatingSegmentsMember nke:FootwearMember nke:ConverseSegmentMember 2018-06-01 2019-05-31 0000320187 us-gaap:OperatingSegmentsMember nke:ApparelMember nke:NIKEBrandMember nke:AsiaPacificAndLatinAmericaSegmentMember 2018-06-01 2019-05-31 0000320187 us-gaap:OperatingSegmentsMember nke:OtherProductLinesMember nke:NIKEBrandMember nke:NorthAmericaSegmentMember 2018-06-01 2019-05-31 0000320187 us-gaap:MaterialReconcilingItemsMember nke:NIKEBrandMember 2017-06-01 2018-05-31 0000320187 us-gaap:OperatingSegmentsMember nke:NIKEBrandMember nke:NIKEBrandMember 2017-06-01 2018-05-31 0000320187 us-gaap:OperatingSegmentsMember nke:ConverseSegmentMember nke:ConverseSegmentMember 2018-06-01 2019-05-31 0000320187 us-gaap:MaterialReconcilingItemsMember nke:NIKEBrandMember 2018-06-01 2019-05-31 0000320187 us-gaap:OperatingSegmentsMember nke:NIKEBrandMember nke:NIKEBrandMember nke:EuropeMiddleEastAndAfricaSegmentMember 2018-06-01 2019-05-31 0000320187 us-gaap:OperatingSegmentsMember nke:NIKEBrandMember nke:NIKEBrandMember nke:NorthAmericaSegmentMember 2016-06-01 2017-05-31 0000320187 us-gaap:OperatingSegmentsMember nke:NIKEBrandMember nke:NIKEBrandMember 2018-06-01 2019-05-31 0000320187 us-gaap:OperatingSegmentsMember nke:NIKEBrandMember nke:NIKEBrandMember nke:EuropeMiddleEastAndAfricaSegmentMember 2017-06-01 2018-05-31 0000320187 us-gaap:OperatingSegmentsMember nke:NIKEBrandMember nke:NIKEBrandMember nke:EuropeMiddleEastAndAfricaSegmentMember 2016-06-01 2017-05-31 0000320187 us-gaap:OperatingSegmentsMember nke:ConverseSegmentMember nke:ConverseSegmentMember 2017-06-01 2018-05-31 0000320187 us-gaap:OperatingSegmentsMember nke:NIKEBrandMember nke:NIKEBrandMember nke:GreaterChinaSegmentMember 2016-06-01 2017-05-31 0000320187 us-gaap:MaterialReconcilingItemsMember nke:NIKEBrandMember 2016-06-01 2017-05-31 0000320187 us-gaap:OperatingSegmentsMember nke:NIKEBrandMember nke:NIKEBrandMember nke:GreaterChinaSegmentMember 2018-06-01 2019-05-31 0000320187 us-gaap:CorporateNonSegmentMember 2017-06-01 2018-05-31 0000320187 us-gaap:OperatingSegmentsMember nke:NIKEBrandMember nke:NIKEBrandMember nke:AsiaPacificAndLatinAmericaSegmentMember 2018-06-01 2019-05-31 0000320187 us-gaap:OperatingSegmentsMember nke:NIKEBrandMember nke:NIKEBrandMember nke:AsiaPacificAndLatinAmericaSegmentMember 2017-06-01 2018-05-31 0000320187 us-gaap:OperatingSegmentsMember nke:NIKEBrandMember nke:NIKEBrandMember nke:NorthAmericaSegmentMember 2018-06-01 2019-05-31 0000320187 us-gaap:OperatingSegmentsMember nke:NIKEBrandMember nke:NIKEBrandMember 2016-06-01 2017-05-31 0000320187 us-gaap:OperatingSegmentsMember nke:NIKEBrandMember nke:NIKEBrandMember nke:GreaterChinaSegmentMember 2017-06-01 2018-05-31 0000320187 us-gaap:OperatingSegmentsMember nke:NIKEBrandMember nke:NIKEBrandMember nke:NorthAmericaSegmentMember 2017-06-01 2018-05-31 0000320187 us-gaap:OperatingSegmentsMember nke:NIKEBrandMember nke:NIKEBrandMember nke:AsiaPacificAndLatinAmericaSegmentMember 2016-06-01 2017-05-31 0000320187 us-gaap:CorporateNonSegmentMember 2016-06-01 2017-05-31 0000320187 us-gaap:OperatingSegmentsMember nke:ConverseSegmentMember nke:ConverseSegmentMember 2016-06-01 2017-05-31 0000320187 country:BE 2019-05-31 0000320187 country:BE 2018-05-31 0000320187 country:CN 2019-05-31 0000320187 country:US 2019-05-31 0000320187 country:CN 2018-05-31 0000320187 country:US 2018-05-31 0000320187 country:US 2016-06-01 2017-05-31 0000320187 country:US 2018-06-01 2019-05-31 0000320187 country:US 2017-06-01 2018-05-31 0000320187 us-gaap:MaterialReconcilingItemsMember nke:NIKEBrandMember 2019-05-31 0000320187 us-gaap:OperatingSegmentsMember nke:ConverseSegmentMember nke:ConverseSegmentMember 2018-05-31 0000320187 us-gaap:OperatingSegmentsMember nke:NIKEBrandMember nke:NIKEBrandMember nke:EuropeMiddleEastAndAfricaSegmentMember 2018-05-31 0000320187 us-gaap:OperatingSegmentsMember nke:NIKEBrandMember nke:NIKEBrandMember nke:EuropeMiddleEastAndAfricaSegmentMember 2019-05-31 0000320187 us-gaap:OperatingSegmentsMember nke:NIKEBrandMember nke:NIKEBrandMember 2018-05-31 0000320187 us-gaap:MaterialReconcilingItemsMember nke:NIKEBrandMember 2018-05-31 0000320187 us-gaap:OperatingSegmentsMember nke:NIKEBrandMember nke:NIKEBrandMember nke:NorthAmericaSegmentMember 2019-05-31 0000320187 us-gaap:CorporateNonSegmentMember 2019-05-31 0000320187 us-gaap:OperatingSegmentsMember nke:NIKEBrandMember nke:NIKEBrandMember nke:AsiaPacificAndLatinAmericaSegmentMember 2019-05-31 0000320187 us-gaap:OperatingSegmentsMember nke:NIKEBrandMember nke:NIKEBrandMember nke:AsiaPacificAndLatinAmericaSegmentMember 2018-05-31 0000320187 us-gaap:OperatingSegmentsMember nke:NIKEBrandMember nke:NIKEBrandMember nke:NorthAmericaSegmentMember 2018-05-31 0000320187 us-gaap:CorporateNonSegmentMember 2018-05-31 0000320187 us-gaap:OperatingSegmentsMember nke:NIKEBrandMember nke:NIKEBrandMember nke:GreaterChinaSegmentMember 2019-05-31 0000320187 us-gaap:OperatingSegmentsMember nke:NIKEBrandMember nke:NIKEBrandMember nke:GreaterChinaSegmentMember 2018-05-31 0000320187 us-gaap:OperatingSegmentsMember nke:NIKEBrandMember nke:NIKEBrandMember 2019-05-31 0000320187 us-gaap:OperatingSegmentsMember nke:ConverseSegmentMember nke:ConverseSegmentMember 2019-05-31 0000320187 nke:SECSchedule1209AllowanceSalesReturnsMember 2017-05-31 0000320187 us-gaap:AccountingStandardsUpdate201409Member nke:SECSchedule1209AllowanceSalesReturnsMember 2019-05-31 0000320187 us-gaap:AccountingStandardsUpdate201409Member nke:SECSchedule1209AllowanceSalesReturnsMember 2018-06-01 2019-05-31 0000320187 nke:SECSchedule1209AllowanceSalesReturnsMember 2017-06-01 2018-05-31 0000320187 nke:SECSchedule1209AllowanceSalesReturnsMember 2016-06-01 2017-05-31 0000320187 nke:SECSchedule1209AllowanceSalesReturnsMember 2016-05-31 0000320187 nke:SECSchedule1209AllowanceSalesReturnsMember 2018-05-31 0000320187 us-gaap:AccountingStandardsUpdate201409Member nke:SECSchedule1209AllowanceSalesReturnsMember 2018-05-31 iso4217:USD xbrli:pure iso4217:USD xbrli:shares iso4217:JPY xbrli:shares false --05-31 FY 2019 2019-05-31 10-K 0000320187 315024752 1251863621 Yes false Large Accelerated Filer 99950872130 5260259370 94690612760 NIKE INC false false No Yes 6500000000 452000000 0 8100000000 P60D 897000000 1232000000 425000000 424000000 268000000 296000000 20000000 1218000000 1218000000 675000000 10000000 27000000 15000000 P24M P12M 1 50000000 P2M 4945000000 -724000000 -2677000000 477000000 5192000000 980000000 1507000000 1507000000 3875000000 4379000000 -1456000000 -2658000000 310000000 5525000000 1189000000 1587000000 1807000000 3600000000 4850000000 -1810000000 -3262000000 303000000 6357000000 1323000000 1995000000 2376000000 3925000000 -0.055 P6M P1Y P24Y 0 0 4000000 4000000 3000000 108000000 121000000 -13000000 82000000 110000000 -28000000 139000000 142000000 -3000000 P1Y P1Y 26000000 1000000 2000000 5000000 34000000 189000000 32000000 -34000000 7000000 1 410000000 182000000 50000000 182000000 50000000 0.1 158000000 1875000000 17000000 0 -7000000 0 24000000 2279000000 2612000000 61000000 75000000 0.0282 0.0327 3498000000 22000000 102000000 240000000 3236000000 720000000 870000000 101000000 1443000000 4272000000 26000000 105000000 243000000 4003000000 771000000 1164000000 245000000 1718000000 782000000 3490000000 224000000 234000000 150000000 229000000 993000000 902000000 3269000000 5010000000 1192000000 3818000000 140000000 114000000 4437000000 4725000000 17000000 -92000000 231000000 6384000000 7163000000 215000000 215000000 218000000 218000000 325000000 325000000 30000000 30000000 30500000 42900000 17500000 22536000000 23717000000 1192000000 22525000000 2800000000 15134000000 16525000000 1192000000 15333000000 1178000000 3652000000 925000000 451000000 102000000 2174000000 5245000000 347000000 3463000000 1791000000 34000000 1000000 1637000000 4663000000 39000000 158000000 678000000 318000000 18000000 298000000 2000000 0 996000000 147000000 50000000 16000000 33000000 1000000 0 197000000 996000000 197000000 266000000 294000000 160000000 374000000 32000000 34000000 37000000 40000000 34000000 197000000 415000000 853000000 3138000000 3808000000 4249000000 4466000000 500000000 3334000000 907000000 153000000 100000000 2174000000 4249000000 200000000 3413000000 1775000000 1000000 0 1637000000 4466000000 670000000 441000000 217000000 Each share of Class A Common Stock is convertible into one share of Class B Common Stock. 0.70 0.78 0.86 0 0 400000000 2400000000 353000000 1329000000 329000000 1314000000 329000000 329000000 1272000000 1272000000 315000000 315000000 1253000000 1253000000 0 3000000 0 3000000 3709000000 2037000000 4352000000 19038000000 20441000000 90000000 21643000000 -53000000 17000000 -17000000 398000000 1167000000 74000000 439000000 533000000 608000000 919000000 1745000000 738000000 82000000 45000000 56000000 0.00455 0.0075 1000000000 500000000 1000000000 500000000 500000000 4000000000 13000000000 9000000000 0.02375 0.03375 0.03875 0.03625 0.0225 0.02 0.026 1 210000000 641000000 647000000 -279000000 595000000 -33000000 15000000 27000000 76000000 -273000000 647000000 34000000 2509000000 2011000000 -422000000 3216000000 3347000000 40000000 -9000000 25000000 -9000000 858000000 928000000 73000000 66000000 338000000 376000000 763000000 840000000 88000000 81000000 106000000 125000000 250000000 271000000 135000000 156000000 102000000 101000000 104000000 128000000 95000000 88000000 425000000 464000000 77000000 23000000 26000000 18000000 167000000 188000000 155000000 235000000 75000000 80000000 90000000 706000000 91000000 233000000 28000000 587000000 54000000 106000000 54000000 140000000 747000000 110000000 217000000 33000000 604000000 55000000 116000000 56000000 160000000 705000000 116000000 195000000 31000000 558000000 53000000 111000000 50000000 149000000 23000000 23000000 289000000 289000000 289000000 11000000 389000000 400000000 11000000 611000000 622000000 3000000 237000000 240000000 5000000 611000000 616000000 0 8000000 152000000 160000000 6000000 0 6000000 400000000 8000000 152000000 3000000 118000000 119000000 270000000 130000000 622000000 6000000 0 5000000 509000000 102000000 509000000 113000000 190000000 6000000 0 2000000 156000000 26000000 156000000 34000000 54000000 2000000 0 1000000 5000000 46000000 5000000 49000000 -2000000 -44000000 -4000000 -57000000 7000000 166000000 0 199000000 339000000 96000000 -4000000 630000000 1000000 -69000000 -90000000 34000000 -7000000 -131000000 0 35000000 53000000 -5000000 -7000000 76000000 8000000 182000000 190000000 3000000 51000000 54000000 184000000 2000000 182000000 184000000 52000000 1000000 51000000 52000000 6000000 0 6000000 2000000 0 2000000 0 0 1159000000 1159000000 1265000000 1265000000 1360000000 1360000000 320000000 346000000 300000000 320000000 347000000 2.56 1.19 2.55 2.51 1.17 2.49 -20000000 45000000 -129000000 0.132 0.553 0.161 0.35 0.29 0.292 0.21 0.000 0.037 0.000 -0.207 -0.175 -0.021 0.000 -0.053 -0.036 0.016 0.013 0.007 0.000 0.433 0.000 230000000 175000000 0.011 0.012 0.012 0.006 0.006 0.011 -0.032 0.000 0.000 195000000 P2Y3M18D P2Y1M6D 352000000 177000000 230000000 18000000 18000000 20000000 20000000 22000000 22000000 4000000 2000000 518000000 117000000 99000000 -233000000 7222000000 7934000000 8949000000 154000000 65000000 154000000 65000000 0 0 15312000000 15956000000 17474000000 -160000000 -32000000 -128000000 87000000 17000000 70000000 1240000000 744000000 593000000 3646000000 3581000000 4208000000 4886000000 4325000000 -32000000 -131000000 4801000000 17000000 76000000 38000000 -14000000 -17000000 646000000 2392000000 0 -3000000 772000000 0 6000000 187000000 126000000 167000000 0.11 0.08 0.10 2021 703000000 529000000 757000000 -158000000 1515000000 1525000000 426000000 -187000000 270000000 231000000 255000000 490000000 120000000 -35000000 203000000 34200000 35300000 38700000 281000000 281000000 303000000 303000000 285000000 283000000 -59000000 -54000000 -7000000 -49000000 -7000000 98000000 125000000 153000000 5261000000 -68000000 91000000 268000000 5061000000 687000000 1433000000 580000000 2270000000 5622000000 122000000 126000000 269000000 5231000000 694000000 1390000000 693000000 2328000000 27000000 70000000 82000000 731000000 820000000 829000000 165000000 215000000 2800000000 22536000000 23717000000 1192000000 22525000000 6040000000 7866000000 1192000000 6674000000 0 0 0.00045 2000000000 2000000000 3474000000 994000000 490000000 982000000 495000000 498000000 5000000 10000000 3470000000 994000000 491000000 983000000 495000000 498000000 3000000 6000000 6000000 6000000 3294000000 3524000000 Semi-Annually Semi-Annually Semi-Annually Semi-Annually Semi-Annually Quarterly Quarterly 6000000 0 500000000 0 3000000 3468000000 3464000000 3341000000 3577000000 3753000000 P15M -2148000000 -4835000000 -5293000000 -1008000000 276000000 -264000000 3846000000 4955000000 5903000000 4240000000 4240000000 1933000000 1933000000 4029000000 4029000000 534000000 262000000 2930000000 618000000 242000000 3174000000 3732000000 553000000 345000000 386000000 441000000 513000000 1494000000 257000000 768000000 805000000 -56000000 2000000 -52000000 0 -6000000 410000000 10000000 573000000 0 -173000000 31000000 4000000 3000000 0 24000000 3000000 -1000000 4000000 0 0 -515000000 76000000 503000000 16000000 -6000000 -173000000 -531000000 104000000 34000000 76000000 0 -6000000 323000000 -7000000 503000000 0 -173000000 -531000000 -531000000 104000000 104000000 323000000 323000000 -4000000 37000000 43000000 72000000 -54000000 94000000 1000000 -19000000 -50000000 19000000 0 -49000000 2000000 156000000 405000000 14000000 0 577000000 21000000 68000000 33000000 59000000 83000000 37000000 196000000 -66000000 -69000000 -32000000 78000000 35000000 17000000 34000000 25000000 0 3223000000 4254000000 4286000000 1133000000 1243000000 1332000000 29000000 55000000 17000000 5928000000 4783000000 2937000000 1105000000 1028000000 1119000000 70000000 73000000 0.1 0.10 0.10 0.10 730000000 371000000 359000000 773000000 440000000 333000000 1130000000 1968000000 410000000 1558000000 -45000000 177000000 1482000000 0 0 489000000 733000000 700000000 3623000000 3613000000 1715000000 327000000 13000000 -325000000 2423000000 2496000000 2072000000 13000000 3000000 5000000 1201000000 387000000 278000000 30000000 784000000 59000000 173000000 51000000 223000000 1194000000 325000000 286000000 22000000 847000000 49000000 240000000 76000000 196000000 1075000000 333000000 278000000 18000000 724000000 47000000 233000000 49000000 117000000 8891000000 4230000000 2195000000 641000000 331000000 1494000000 9469000000 4335000000 2445000000 797000000 329000000 1563000000 4454000000 1450000000 597000000 115000000 2889000000 339000000 849000000 256000000 848000000 4744000000 1673000000 665000000 100000000 2971000000 326000000 929000000 237000000 814000000 P40Y P40Y P40Y P15Y P12Y P2Y P2Y P2Y P2Y P2Y -160000000 -32000000 -128000000 0 0 87000000 17000000 70000000 0 0 3000000 0 3000000 0 0 -6000000 0 -6000000 0 0 17000000 23000000 27000000 44000000 6000000 6000000 -17000000 3517000000 1643000000 23000000 -507000000 34350000000 75000000 73000000 2042000000 32233000000 4737000000 7970000000 4237000000 15216000000 15778000000 36397000000 26000000 88000000 1886000000 34485000000 5166000000 9242000000 5134000000 14855000000 15314000000 34000000 39117000000 -7000000 0 0 -7000000 0 -7000000 0 0 42000000 0 0 42000000 42000000 0 42000000 0 0 118000000 11550000000 1395000000 3087000000 1808000000 5260000000 1906000000 1658000000 24222000000 3622000000 6293000000 4262000000 10045000000 37218000000 5254000000 9812000000 6208000000 15902000000 106000000 42000000 0 0 0 0 24000000 1404000000 237000000 432000000 138000000 597000000 106000000 42000000 0 0 0 0 1247000000 25423000000 3746000000 7076000000 3726000000 10875000000 553000000 11753000000 1508000000 2736000000 2482000000 5027000000 1906000000 37218000000 5254000000 9812000000 6208000000 15902000000 11668000000 25880000000 141000000 1428000000 16091000000 141000000 26670000000 12306000000 -5000000 10563000000 11511000000 -1000000 12702000000 0 215000000 36000000 145000000 34000000 215000000 218000000 34000000 149000000 35000000 218000000 325000000 40000000 207000000 78000000 325000000 14000000 18000000 41000000 P4Y 300000 66.24 2500000 57.59 62.51 80.95 2800000 4400000 59.14 70.93 600000 60000000 113000000 44000000 59.01 0.011 0.012 0.010 0.174 0.164 0.266 0.013 0.020 0.028 718000000 54400000 37.82 594000000 889000000 938000000 1800000 18100000 9.38 9.82 22.78 2507000000 93200000 91300000 40.73 50.59 29.70 66.66 81.79 P10Y P6Y P6Y P6Y 2138000000 P4Y3M18D P5Y10M24D 0.85 336000000 1000000 10000000 325000000 336000000 9000000 2000000 7000000 0 9000000 0.0000 0.1811 0.0177 0.0000 0.2600 0.0000 -24000000 24000000 -14000000 14000000 3100000 3100000 2500000 17000000 24000000 18200000 18000000 0 0 525000000 525000000 600000000 600000000 539000000 539000000 60000000 70000000 54000000 3249000000 189000000 3060000000 4267000000 254000000 4013000000 4283000000 227000000 4056000000 12258000000 0 3000000 318000000 5038000000 6899000000 12407000000 0 3000000 -85000000 -52000000 115000000 -213000000 -191000000 5710000000 -213000000 6907000000 9812000000 0 3000000 -51000000 17000000 115000000 -92000000 -173000000 6384000000 -92000000 3517000000 9040000000 23000000 23000000 -507000000 -507000000 0 3000000 -58000000 520000000 115000000 231000000 -346000000 7163000000 231000000 1643000000 0 0 300000 1 506000000 461000000 698000000 808000000 163000000 12000000 32000000 12000000 0 0 157000000 174000000 115000000 249000000 81000000 5000000 1000000 11000000 31000000 19000000 85000000 21000000 20000000 35000000 582000000 30000000 13000000 7000000 444000000 343000000 734000000 330000000 843000000 696000000 640000000 1959000000 3000000 5000000 -30000000 800000000 658000000 1820000000 1692000000 1659100000 1618400000 1657800000 1623800000 1579700000 <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:130%;padding-bottom:8px;padding-top:8px;font-size:18pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="1" rowspan="1"></td></tr><tr><td style="width:100%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="padding-top:18px;text-align:left;font-size:18pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:18pt;color:#e87722;font-style:normal;font-weight:bold;text-decoration:none;">NOTE&#160;5 &#8212; ACCRUED LIABILITIES</font></div></td></tr></table></div></div><div style="line-height:130%;padding-bottom:0px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Accrued liabilities</font><font style="font-family:Arial;font-size:8.5pt;"> included the following:</font></div><div style="line-height:130%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="7" rowspan="1"></td></tr><tr><td style="width:80%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="6" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">AS OF MAY 31,</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial Narrow;font-size:8.5pt;color:#000000;font-style:italic;">(Dollars in millions)</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2019</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2018</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Compensation and benefits, excluding taxes</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1,232</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">897</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Sales-related reserves</font><font style="font-family:Arial;font-size:7.5pt;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(1)</sup></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1,218</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">20</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Endorsement compensation</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">424</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">425</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Dividends payable</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">346</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">320</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Import and logistics costs</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">296</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">268</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Collateral received from counterparties to hedging instruments</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">289</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">23</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Taxes other than income taxes payable</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">234</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">224</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Advertising and marketing</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">114</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">140</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Fair value of derivatives</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">52</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">184</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Other</font><font style="font-family:Arial;font-size:7.5pt;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(2)</sup></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">805</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">768</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">TOTAL ACCRUED LIABILITIES</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">5,010</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">3,269</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div><table cellpadding="0" cellspacing="0" style="padding-top:4px;padding-bottom:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:7pt;padding-left:0px;"><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">(1)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:7pt;"><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">Sales-related reserves as of </font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">May&#160;31, 2019</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;"> reflect the Company's fiscal 2019 adoption of Topic 606. As of May 31, 2018, Sales-related reserves reflect the Company's prior accounting under Topic 605. Refer to&#160;</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">Note&#160;1 &#8212; Summary of Significant Accounting Policies</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">&#160;for additional information on the adoption of the new standard.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:4px;padding-bottom:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:7pt;padding-left:0px;"><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">(2)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:7pt;"><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">Other consists of various accrued expenses with no individual item accounting for more than </font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">5%</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;"> of the total Accrued liabilities balance at </font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">May&#160;31, 2019</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;"> and </font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">2018</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">.</font></div></td></tr></table></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:130%;padding-bottom:8px;padding-top:8px;font-size:18pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="1" rowspan="1"></td></tr><tr><td style="width:100%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="padding-top:18px;text-align:left;font-size:18pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:18pt;color:#e87722;font-style:normal;font-weight:bold;text-decoration:none;">NOTE&#160;13 &#8212; BENEFIT PLANS</font></div></td></tr></table></div></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">The Company has a qualified 401(k) Savings and Profit Sharing Plan, in which all U.S. employees are able to participate. The Company matches a portion of employee contributions to the savings plan. Company contributions to the savings plan were </font><font style="font-family:Arial;font-size:8.5pt;">$90 million</font><font style="font-family:Arial;font-size:8.5pt;">, </font><font style="font-family:Arial;font-size:8.5pt;">$80 million</font><font style="font-family:Arial;font-size:8.5pt;"> and </font><font style="font-family:Arial;font-size:8.5pt;">$75 million</font><font style="font-family:Arial;font-size:8.5pt;"> and included in </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Cost of sales</font><font style="font-family:Arial;font-size:8.5pt;"> or </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Operating overhead expense</font><font style="font-family:Arial;font-size:8.5pt;">, as applicable, for the years ended </font><font style="font-family:Arial;font-size:8.5pt;">May&#160;31, 2019</font><font style="font-family:Arial;font-size:8.5pt;">, </font><font style="font-family:Arial;font-size:8.5pt;">2018</font><font style="font-family:Arial;font-size:8.5pt;"> and </font><font style="font-family:Arial;font-size:8.5pt;">2017</font><font style="font-family:Arial;font-size:8.5pt;">, respectively. The terms of the plan also allow for annual discretionary profit sharing contributions, as recommended by senior management and approved by the Board of Directors, to the accounts of eligible U.S. employees who work at least 1,000 hours in a year. Profit sharing contributions of </font><font style="font-family:Arial;font-size:8.5pt;">$37 million</font><font style="font-family:Arial;font-size:8.5pt;">, </font><font style="font-family:Arial;font-size:8.5pt;">$59 million</font><font style="font-family:Arial;font-size:8.5pt;"> and </font><font style="font-family:Arial;font-size:8.5pt;">$68 million</font><font style="font-family:Arial;font-size:8.5pt;"> were made to the plan and included in </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Cost of sales</font><font style="font-family:Arial;font-size:8.5pt;"> or </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Operating overhead expense</font><font style="font-family:Arial;font-size:8.5pt;">, as applicable, for the years ended </font><font style="font-family:Arial;font-size:8.5pt;">May&#160;31, 2019</font><font style="font-family:Arial;font-size:8.5pt;">, </font><font style="font-family:Arial;font-size:8.5pt;">2018</font><font style="font-family:Arial;font-size:8.5pt;"> and </font><font style="font-family:Arial;font-size:8.5pt;">2017</font><font style="font-family:Arial;font-size:8.5pt;">, respectively.</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">The Company also has a Long-Term Incentive Plan (LTIP) adopted by the Board of Directors and approved by shareholders in September 1997 and later amended and approved in fiscal 2007 and fiscal 2012. The Company recognized </font><font style="font-family:Arial;font-size:8.5pt;">$83 million</font><font style="font-family:Arial;font-size:8.5pt;">, </font><font style="font-family:Arial;font-size:8.5pt;">$33 million</font><font style="font-family:Arial;font-size:8.5pt;"> and </font><font style="font-family:Arial;font-size:8.5pt;">$21 million</font><font style="font-family:Arial;font-size:8.5pt;"> of </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Operating overhead expense</font><font style="font-family:Arial;font-size:8.5pt;"> related to cash awards under the LTIP during the years ended </font><font style="font-family:Arial;font-size:8.5pt;">May&#160;31, 2019</font><font style="font-family:Arial;font-size:8.5pt;">, </font><font style="font-family:Arial;font-size:8.5pt;">2018</font><font style="font-family:Arial;font-size:8.5pt;"> and </font><font style="font-family:Arial;font-size:8.5pt;">2017</font><font style="font-family:Arial;font-size:8.5pt;">, respectively.</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">The Company allows certain highly compensated employees and non-employee directors of the Company to defer compensation under a nonqualified deferred compensation plan. Deferred compensation plan liabilities were </font><font style="font-family:Arial;font-size:8.5pt;">$647 million</font><font style="font-family:Arial;font-size:8.5pt;"> and </font><font style="font-family:Arial;font-size:8.5pt;">$641 million</font><font style="font-family:Arial;font-size:8.5pt;"> at </font><font style="font-family:Arial;font-size:8.5pt;">May&#160;31, 2019</font><font style="font-family:Arial;font-size:8.5pt;"> and </font><font style="font-family:Arial;font-size:8.5pt;">2018</font><font style="font-family:Arial;font-size:8.5pt;">, respectively, and primarily classified as non-current in </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Deferred income taxes and other liabilities </font><font style="font-family:Arial;font-size:8.5pt;">on the Consolidated Balance Sheets.</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">The Company has pension plans in various countries worldwide. The pension plans are only available to local employees and are generally government mandated. The liability related to the unfunded pension liabilities of the plans was </font><font style="font-family:Arial;font-size:8.5pt;">$73 million</font><font style="font-family:Arial;font-size:8.5pt;"> and </font><font style="font-family:Arial;font-size:8.5pt;">$70 million</font><font style="font-family:Arial;font-size:8.5pt;"> at </font><font style="font-family:Arial;font-size:8.5pt;">May&#160;31, 2019</font><font style="font-family:Arial;font-size:8.5pt;"> and </font><font style="font-family:Arial;font-size:8.5pt;">2018</font><font style="font-family:Arial;font-size:8.5pt;">, respectively, and primarily classified as non-current in </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Deferred income taxes and other liabilities</font><font style="font-family:Arial;font-size:8.5pt;"> on the Consolidated Balance Sheets.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:100%;padding-bottom:8px;padding-top:16px;text-align:left;padding-left:0px;text-indent:0px;font-size:14pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:14pt;color:#000000;font-weight:bold;">OPERATING OVERHEAD EXPENSE</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Operating overhead </font><font style="font-family:Arial;font-size:8.5pt;">expense consists primarily of wage and benefit-related expenses, research and development costs, as well as other administrative expenses, such as rent, depreciation and amortization, professional services, meetings and travel.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:130%;padding-bottom:0px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">The following tables present the amounts in the Consolidated Statements of Income in which the effects of cash flow hedges are recorded and the effects of cash flow hedge activity on these line items for the years ended </font><font style="font-family:Arial;font-size:8.5pt;">May&#160;31, 2019</font><font style="font-family:Arial;font-size:8.5pt;">, </font><font style="font-family:Arial;font-size:8.5pt;">2018</font><font style="font-family:Arial;font-size:8.5pt;"> and </font><font style="font-family:Arial;font-size:8.5pt;">2017</font><font style="font-family:Arial;font-size:8.5pt;">: </font></div><div style="line-height:130%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="21" rowspan="1"></td></tr><tr><td style="width:32%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:7%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:7%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:7%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="20" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">YEAR ENDED MAY 31,</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="6" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2019</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="6" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2018</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="6" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2017</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial Narrow;font-size:8.5pt;color:#000000;font-style:italic;">(Dollars in millions)</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">TOTAL</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">AMOUNT OF <br clear="none"/>GAIN (LOSS) <br clear="none"/>ON CASH FLOW <br clear="none"/>HEDGE ACTIVITY</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">TOTAL</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">AMOUNT OF <br clear="none"/>GAIN (LOSS) <br clear="none"/>ON CASH FLOW <br clear="none"/>HEDGE ACTIVITY</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">TOTAL</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">AMOUNT OF <br clear="none"/>GAIN (LOSS) <br clear="none"/>ON CASH FLOW <br clear="none"/>HEDGE ACTIVITY</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Revenues</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">39,117</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:Arial;font-size:8pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:Arial;font-size:8pt;">(5</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:Arial;font-size:8pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">36,397</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:Arial;font-size:8pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:Arial;font-size:8pt;">34</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">34,350</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:Arial;font-size:8pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:Arial;font-size:8pt;">96</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Cost of sales</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">21,643</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">53</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">20,441</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(90</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">19,038</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">339</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Demand creation expense</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">3,753</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">3,577</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">3,341</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Other (income) expense, net</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(78</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">35</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">66</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(69</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(196</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">199</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Interest expense (income), net</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">49</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(7</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">54</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(7</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">59</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(4</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:100%;padding-bottom:8px;padding-top:20px;text-align:left;padding-left:0px;text-indent:0px;font-size:18pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:18pt;color:#e87722;font-style:normal;font-weight:bold;text-decoration:none;">SCHEDULE II&#160;&#8212;&#160;VALUATION AND QUALIFYING ACCOUNTS</font></div><div style="line-height:130%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="16" rowspan="1"></td></tr><tr><td style="width:45%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">(Dollars in&#160;millions)</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">BALANCE&#160;AT BEGINNING&#160;OF&#160;</font><font style="font-family:Arial;font-size:8.5pt;">&#160;</font><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;"><br clear="none"/>PERIOD</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">CHARGED</font><font style="font-family:Arial;font-size:8.5pt;">&#160;</font><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">TO</font><font style="font-family:Arial;font-size:8.5pt;">&#160;</font><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">COSTS AND</font><font style="font-family:Arial;font-size:8.5pt;">&#160;</font><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">EXPENSES</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">CHARGED</font><font style="font-family:Arial;font-size:8.5pt;">&#160;</font><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;"><br clear="none"/>&#160;TO OTHER&#160;</font><font style="font-family:Arial;font-size:8.5pt;">&#160;</font><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;"><br clear="none"/>ACCOUNTS</font><font style="font-family:Open Sans Condensed,sans-serif;font-size:7.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(1)</sup></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">WRITE-OFFS,&#160;</font><font style="font-family:Arial;font-size:8.5pt;">&#160;</font><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;"><br clear="none"/>NET</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">BALANCE&#160;</font><font style="font-family:Arial;font-size:8.5pt;">&#160;</font><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;"><br clear="none"/>AT</font><font style="font-family:Arial;font-size:8.5pt;">&#160;</font><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">END <br clear="none"/>OF PERIOD</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Sales returns reserve</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">For the year ended May&#160;31, 2017</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">444</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">696</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">3</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(800</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">343</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">For the year ended May&#160;31, 2018</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">343</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">640</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">5</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(658</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">330</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">For the year ended May 31, 2019</font><font style="font-family:Arial;font-size:8.5pt;"><sup style="vertical-align:top;line-height:120%;font-size:pt">&#160;</sup></font><font style="font-family:Arial;font-size:7.5pt;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(2)</sup></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">734</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1,959</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(30</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(1,820</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">843</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div><table cellpadding="0" cellspacing="0" style="padding-top:4px;padding-bottom:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:7pt;padding-left:0px;"><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">(1)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:7pt;"><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">Amounts included in this column primarily relate to foreign currency translation.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:4px;padding-bottom:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:7pt;padding-left:0px;"><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">(2)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:7pt;"><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">As a result of the adoption of ASC Topic 606 during the first quarter of fiscal 2019, an asset for the estimated cost of inventory for expected products returns is now recognized separately from the liability for sales returns reserves, which is presented above.</font></div></td></tr></table></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:100%;padding-bottom:8px;padding-top:16px;text-align:left;padding-left:0px;text-indent:0px;font-size:14pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:14pt;color:#000000;font-weight:bold;">DEMAND CREATION EXPENSE</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Demand creation expense</font><font style="font-family:Arial;font-size:8.5pt;"> consists of advertising and promotion costs, including costs of endorsement contracts, complimentary product, television, digital and print advertising and media costs, brand events and retail brand presentation. Advertising production costs are expensed the first time an advertisement is run. Advertising media 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 complete and delivered.</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">A significant amount of the Company's promotional expenses result from payments under endorsement contracts. In general, endorsement payments are expensed on a straight-line basis over the term of the contract. However, certain contract elements may be accounted for differently based upon the facts and circumstances of each individual contract. Prepayments made under contracts are included in </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Prepaid expenses and other current assets</font><font style="font-family:Arial;font-size:8.5pt;"> or </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Deferred income taxes and other assets </font><font style="font-family:Arial;font-size:8.5pt;">depending on the period to which the prepayment applies.</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Certain contracts provide for contingent payments to endorsers based upon specific achievements in their sport (e.g., winning a championship). The Company records </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Demand creation expense</font><font style="font-family:Arial;font-size:8.5pt;"> for these amounts when the endorser achieves the specific goal.</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Certain contracts provide for variable payments based 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). When the Company determines payments are probable, the amounts are reported in</font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;"> Demand creation expense</font><font style="font-family:Arial;font-size:8.5pt;"> ratably over the contract period based on the Company's best estimate of the endorser's performance. In these instances, to the extent actual payments to the endorser differ from the Company's estimate due to changes in the endorser's performance, adjustments to </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Demand creation expense</font><font style="font-family:Arial;font-size:8.5pt;"> may be recorded in a future period.</font></div><div style="line-height:130%;padding-bottom:6px;padding-top:6px;text-align:left;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Certain contracts provide for royalty payments to endorsers based upon a predetermined percent of sales of particular products, which the Company records in </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Cost of sales</font><font style="font-family:Arial;font-size:8.5pt;"> as the related sales occur.&#160;For contracts containing minimum guaranteed royalty payments, the Company records the amount of any guaranteed payment in excess of that earned through sales of product within </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Demand creation expense</font><font style="font-family:Arial;font-size:8.5pt;">.</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Through cooperative advertising programs, the Company reimburses its wholesale customers for certain costs of advertising the Company's products. The Company records these costs in </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Demand creation expense</font><font style="font-family:Arial;font-size:8.5pt;"> at the point in time when it is obligated to its customers for the costs. This obligation may arise prior to the related advertisement being run.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:100%;padding-bottom:8px;padding-top:16px;text-align:left;padding-left:0px;text-indent:0px;font-size:14pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:14pt;color:#000000;font-weight:bold;">CASH AND EQUIVALENTS</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Cash and equivalents </font><font style="font-family:Arial;font-size:8.5pt;">represent cash and short-term, highly liquid investments, that are both readily convertible to known amounts of cash, and so near their maturity they present insignificant risk of changes in value because of changes in interest rates, 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.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:130%;padding-bottom:8px;padding-top:8px;font-size:18pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="1" rowspan="1"></td></tr><tr><td style="width:100%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="padding-top:18px;text-align:left;font-size:18pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:18pt;color:#e87722;font-style:normal;font-weight:bold;text-decoration:none;">NOTE&#160;18 &#8212; COMMITMENTS AND CONTINGENCIES</font></div></td></tr></table></div></div><div style="line-height:130%;padding-bottom:0px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">The Company leases retail store space, certain distribution and warehouse facilities, office space, equipment and other non-real estate assets under operating leases expiring from </font><font style="font-family:Arial;font-size:8.5pt;">1</font><font style="font-family:Arial;font-size:8.5pt;"> to </font><font style="font-family:Arial;font-size:8.5pt;">24</font><font style="font-family:Arial;font-size:8.5pt;"> years after </font><font style="font-family:Arial;font-size:8.5pt;">May&#160;31, 2019</font><font style="font-family:Arial;font-size:8.5pt;">. Rent expense, excluding executory costs, was </font><font style="font-family:Arial;font-size:8.5pt;">$829 million</font><font style="font-family:Arial;font-size:8.5pt;">, </font><font style="font-family:Arial;font-size:8.5pt;">$820 million</font><font style="font-family:Arial;font-size:8.5pt;"> and </font><font style="font-family:Arial;font-size:8.5pt;">$731 million</font><font style="font-family:Arial;font-size:8.5pt;"> for the years ended </font><font style="font-family:Arial;font-size:8.5pt;">May&#160;31, 2019</font><font style="font-family:Arial;font-size:8.5pt;">, </font><font style="font-family:Arial;font-size:8.5pt;">2018</font><font style="font-family:Arial;font-size:8.5pt;"> and </font><font style="font-family:Arial;font-size:8.5pt;">2017</font><font style="font-family:Arial;font-size:8.5pt;">, respectively. Amounts of minimum future annual commitments under non-cancelable operating and capital leases are as follows:</font></div><div style="line-height:130%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="22" rowspan="1"></td></tr><tr><td style="width:41%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:6%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:6%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:6%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:6%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:6%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:6%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="21" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">YEAR ENDING MAY 31,</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial Narrow;font-size:8.5pt;color:#000000;font-style:italic;">(Dollars in millions)</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2020</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2021</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2022</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2023</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2024</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">THEREAFTER</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">TOTAL</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Operating leases</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">553</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">513</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">441</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">386</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">345</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1,494</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">3,732</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Capital leases and other financing obligations</font><font style="font-family:Arial;font-size:8.5pt;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(1)</sup></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">32</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">34</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">40</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">37</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">34</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">197</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">374</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:Arial;font-size:8.5pt;"> </font></div><table cellpadding="0" cellspacing="0" style="padding-top:4px;padding-bottom:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:7pt;padding-left:0px;"><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">(1)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:7pt;"><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">Capital leases and other financing obligations include payments related to build-to-suit lease arrangements.</font></div></td></tr></table><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">As of </font><font style="font-family:Arial;font-size:8.5pt;">May&#160;31, 2019</font><font style="font-family:Arial;font-size:8.5pt;"> and </font><font style="font-family:Arial;font-size:8.5pt;">2018</font><font style="font-family:Arial;font-size:8.5pt;">, the Company had bank guarantees and letters of credit outstanding totaling </font><font style="font-family:Arial;font-size:8.5pt;">$215 million</font><font style="font-family:Arial;font-size:8.5pt;"> and </font><font style="font-family:Arial;font-size:8.5pt;">$165 million</font><font style="font-family:Arial;font-size:8.5pt;">, respectively, issued primarily for real estate agreements, self-insurance programs and other general business obligations.</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">In connection with various contracts and agreements, the Company provides routine indemnification relating to the enforceability of intellectual property rights, coverage for legal issues 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 Company's historical experience and the estimated probability of future loss, the Company has determined the fair value of such indemnification is not material to the Company's financial position or results of operations.</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">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 of other matters. While the Company cannot predict the outcome of its pending legal matters with certainty, the Company does not believe any currently identified claim, proceeding or litigation, either individually or in aggregate, will have a material impact on the Company's results of operations, financial position or cash flows.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:130%;padding-bottom:8px;padding-top:8px;font-size:18pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="1" rowspan="1"></td></tr><tr><td style="width:100%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="padding-top:18px;text-align:left;font-size:18pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:18pt;color:#e87722;font-style:normal;font-weight:bold;text-decoration:none;">NOTE&#160;15 &#8212; ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)</font></div></td></tr></table></div></div><div style="line-height:130%;padding-bottom:0px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">The changes in </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Accumulated other comprehensive income (loss)</font><font style="font-family:Arial;font-size:8.5pt;">, net of tax, were as follows:</font></div><div style="line-height:130%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="16" rowspan="1"></td></tr><tr><td style="width:48%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:10%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial Narrow;font-size:8.5pt;color:#000000;font-style:italic;">(Dollars in millions)</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">FOREIGN CURRENCY TRANSLATION ADJUSTMENT</font><font style="font-family:Open Sans Condensed,sans-serif;font-size:7.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(1)</sup></font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">CASH FLOW HEDGES</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">NET INVESTMENT HEDGES</font><font style="font-family:Open Sans Condensed,sans-serif;font-size:7.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(1)</sup></font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">OTHER</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">TOTAL</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">Balance at May&#160;31, 2018</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">(173</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">17</font></div></td><td style="vertical-align:bottom;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">115</font></div></td><td style="vertical-align:bottom;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">(51</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">(92</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">)</font></div></td></tr><tr><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Other comprehensive income (loss):</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:middle;border-bottom:1px solid #808080;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Other comprehensive gains (losses) before reclassifications</font><font style="font-family:Arial;font-size:7.5pt;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(2)</sup></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(173</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">573</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">10</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">410</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:middle;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Reclassifications to net income of previously deferred (gains) losses</font><font style="font-family:Arial;font-size:7.5pt;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(3)</sup></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(70</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(17</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(87</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Total other comprehensive income (loss)</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(173</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">503</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(7</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">323</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">Balance at May&#160;31, 2019</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">(346</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">)</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">520</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">115</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">(58</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">)</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">231</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div><table cellpadding="0" cellspacing="0" style="padding-top:4px;padding-bottom:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:7pt;padding-left:0px;"><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">(1)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:7pt;"><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">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.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:4px;padding-bottom:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:7pt;padding-left:0px;"><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">(2)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:7pt;"><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">Net of tax benefit (expense) of $</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">0 million</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">, $</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">(4) million</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">, $</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">0 million</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">, $</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">1 million</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;"> and $</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">(3) million</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">, respectively.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:4px;padding-bottom:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:7pt;padding-left:0px;"><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">(3)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:7pt;"><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">Net of tax (benefit) expense of $</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">0 million</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">, $</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">6 million</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">, $</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">0 million</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">, $</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">0 million</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;"> and $</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">6 million</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">, respectively. </font></div></td></tr></table><div style="line-height:130%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="16" rowspan="1"></td></tr><tr><td style="width:48%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:10%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial Narrow;font-size:8.5pt;color:#000000;font-style:italic;">(Dollars in millions)</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">FOREIGN CURRENCY TRANSLATION ADJUSTMENT</font><font style="font-family:Open Sans Condensed,sans-serif;font-size:7.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(1)</sup></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">CASH FLOW HEDGES</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">NET INVESTMENT HEDGES</font><font style="font-family:Open Sans Condensed,sans-serif;font-size:7.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(1)</sup></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">OTHER</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">TOTAL</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">Balance at May&#160;31, 2017</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">(191</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">)</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">(52</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">)</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">115</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">(85</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">)</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">(213</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">)</font></div></td></tr><tr><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Other comprehensive income (loss):</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:middle;border-bottom:1px solid #808080;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Other comprehensive gains (losses) before reclassifications</font><font style="font-family:Arial;font-size:7.5pt;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(2)</sup></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(6</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(52</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">2</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(56</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td></tr><tr><td style="vertical-align:middle;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Reclassifications to net income of previously deferred (gains) losses</font><font style="font-family:Arial;font-size:7.5pt;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(3)</sup></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">128</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">32</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">160</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Total other comprehensive income (loss)</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(6</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">76</font></div></td><td style="vertical-align:bottom;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">34</font></div></td><td style="vertical-align:bottom;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">104</font></div></td><td style="vertical-align:bottom;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:middle;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Reclassifications to retained earnings in accordance with ASU 2018-02</font><font style="font-family:Arial;font-size:7.5pt;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(4)</sup></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">24</font></div></td><td style="vertical-align:bottom;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(7</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">17</font></div></td><td style="vertical-align:bottom;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">Balance at May&#160;31, 2018</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">(173</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">)</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">17</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">115</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">(51</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">)</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">(92</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">)</font></div></td></tr></table></div></div><table cellpadding="0" cellspacing="0" style="padding-top:4px;padding-bottom:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:7pt;padding-left:0px;"><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">(1)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:7pt;"><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">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.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:4px;padding-bottom:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:7pt;padding-left:0px;"><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">(2)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:7pt;"><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">Net of tax benefit (expense) of $</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">(24) million</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">, $</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">(3) million</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">, $</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">0 million</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">, $</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">(4) million</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;"> and $</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">(31) million</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">, respectively.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:4px;padding-bottom:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:7pt;padding-left:0px;"><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">(3)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:7pt;"><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">Net of tax (benefit) expense of $</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">0 million</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">, $</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">(3) million</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">, $</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">0 million</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">, $</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">0 million</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;"> and $</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">(3) million</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">, respectively.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:4px;padding-bottom:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:7pt;padding-left:0px;"><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">(4)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:7pt;"><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">Refer to </font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">Note&#160;1 &#8212; Summary of Significant Accounting Policies</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;"> for additional information on the adoption of ASU 2018-02 during the third quarter of fiscal 2018.</font></div></td></tr></table><div style="line-height:130%;padding-left:4px;padding-bottom:0px;padding-top:12px;text-align:left;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">The following table summarizes the reclassifications from </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Accumulated other comprehensive income (loss)</font><font style="font-family:Arial;font-size:8.5pt;"> to the Consolidated Statements of Income:</font></div><div style="line-height:130%;padding-left:4px;padding-bottom:0px;padding-top:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td style="width:45%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:27%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="6" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">AMOUNT OF GAIN (LOSS) <br clear="none"/>RECLASSIFIED FROM ACCUMULATED <br clear="none"/>OTHER COMPREHENSIVE INCOME <br clear="none"/>(LOSS) INTO INCOME</font></div></td><td rowspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">LOCATION OF GAIN (LOSS) <br clear="none"/>RECLASSIFIED FROM ACCUMULATED <br clear="none"/>OTHER COMPREHENSIVE INCOME <br clear="none"/>(LOSS) INTO INCOME</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="6" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">YEAR ENDED MAY 31,</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial Narrow;font-size:8.5pt;color:#000000;font-style:italic;">(Dollars in millions)</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2019</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2018</font></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Gains (losses) on cash flow hedges:</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:top;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Foreign exchange forwards and options</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:top;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(5</font></div></td><td style="vertical-align:top;background-color:#fff1e7;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:top;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">34</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Revenues</font></div></td></tr><tr><td style="vertical-align:top;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Foreign exchange forwards and options</font></div></td><td colspan="2" style="vertical-align:top;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">53</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(90</font></div></td><td style="vertical-align:top;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Cost of sales</font></div></td></tr><tr><td style="vertical-align:top;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Foreign exchange forwards and options</font></div></td><td colspan="2" style="vertical-align:top;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Demand creation expense</font></div></td></tr><tr><td style="vertical-align:top;border-bottom:1px solid #808080;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Foreign exchange forwards and options</font></div></td><td colspan="2" style="vertical-align:top;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">35</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:top;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(69</font></div></td><td style="vertical-align:top;border-bottom:1px solid #808080;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:Arial;font-size:8pt;">Other (income) expense, net</font></div></td></tr><tr><td style="vertical-align:top;border-bottom:1px solid #e87722;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Interest rate swaps</font></div></td><td colspan="2" style="vertical-align:top;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(7</font></div></td><td style="vertical-align:top;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td colspan="2" style="vertical-align:top;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(7</font></div></td><td style="vertical-align:top;border-bottom:1px solid #e87722;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td style="vertical-align:top;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Interest expense (income), net</font></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Total before tax</font></div></td><td colspan="2" style="vertical-align:top;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">76</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(131</font></div></td><td style="vertical-align:top;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Tax (expense) benefit</font></div></td><td colspan="2" style="vertical-align:top;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(6</font></div></td><td style="vertical-align:top;background-color:#fff1e7;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td colspan="2" style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">3</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">Gain (loss) net of tax</font></div></td><td colspan="2" style="vertical-align:top;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">70</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">(128</font></div></td><td style="vertical-align:top;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:top;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Gains (losses) on other</font></div></td><td colspan="2" style="vertical-align:top;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">17</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:top;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(32</font></div></td><td style="vertical-align:top;border-bottom:1px solid #e87722;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td style="vertical-align:top;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Other (income) expense, net</font></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Total before tax</font></div></td><td colspan="2" style="vertical-align:top;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">17</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(32</font></div></td><td style="vertical-align:top;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Tax (expense) benefit</font></div></td><td colspan="2" style="vertical-align:top;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">Gain (loss) net of tax</font></div></td><td colspan="2" style="vertical-align:top;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">17</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">(32</font></div></td><td style="vertical-align:top;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:top;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">Total net gain (loss) reclassified for the period</font></div></td><td style="vertical-align:top;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:top;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">87</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:top;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:top;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">(160</font></div></td><td style="vertical-align:top;border-bottom:1px solid #e87722;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">)</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:100%;padding-bottom:8px;padding-top:16px;text-align:left;padding-left:0px;text-indent:0px;font-size:14pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:14pt;color:#000000;font-weight:bold;">BASIS OF CONSOLIDATION</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">The Consolidated Financial Statements include the accounts of NIKE, Inc. and its subsidiaries (the&#160;"Company" or "NIKE"). All significant intercompany transactions and balances have been eliminated.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:100%;padding-bottom:8px;padding-top:16px;text-align:left;padding-left:0px;text-indent:0px;font-size:14pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:14pt;color:#000000;font-weight:bold;">COST OF SALES</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Cost of sales </font><font style="font-family:Arial;font-size:8.5pt;">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 product design costs. Shipping and handling costs are expensed as incurred and included in </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Cost of sales</font><font style="font-family:Arial;font-size:8.5pt;">.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:130%;padding-bottom:8px;padding-top:8px;font-size:18pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="1" rowspan="1"></td></tr><tr><td style="width:100%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="padding-top:18px;text-align:left;font-size:18pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:18pt;color:#e87722;font-style:normal;font-weight:bold;text-decoration:none;">NOTE&#160;14 &#8212; RISK MANAGEMENT AND DERIVATIVES</font></div></td></tr></table></div></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">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.</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">The Company may elect to designate certain derivatives as hedging instruments under U.S. GAAP. The Company formally documents all relationships between designated hedging instruments and hedged items as well as its risk management objectives and strategies for undertaking hedge transactions. This process includes linking all derivatives designated as hedges to either recognized assets or liabilities or forecasted transactions and assessing, both at inception and on an ongoing basis, the effectiveness of the hedging relationships.</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">The majority of derivatives outstanding as of </font><font style="font-family:Arial;font-size:8.5pt;">May&#160;31, 2019</font><font style="font-family:Arial;font-size:8.5pt;"> are designated as foreign currency cash flow hedges, primarily for Euro/U.S. Dollar, British Pound/Euro, Chinese Yuan/U.S. Dollar and Japanese Yen/U.S. Dollar currency pairs. All derivatives are recognized on the Consolidated Balance Sheets at fair value and classified based on the instrument's maturity date.</font></div><div style="line-height:130%;padding-bottom:0px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">The following table presents the fair values of derivative instruments included within the Consolidated Balance Sheets as of </font><font style="font-family:Arial;font-size:8.5pt;">May&#160;31, 2019</font><font style="font-family:Arial;font-size:8.5pt;"> and </font><font style="font-family:Arial;font-size:8.5pt;">2018</font><font style="font-family:Arial;font-size:8.5pt;">. Refer to </font><font style="font-family:Arial;font-size:8.5pt;">Note&#160;6 &#8212; Fair Value Measurements</font><font style="font-family:Arial;font-size:8.5pt;"> for a description of how the financial instruments in the table below are valued.</font></div><div style="line-height:130%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="16" rowspan="1"></td></tr><tr><td style="width:31%;" rowspan="1" colspan="1"></td><td style="width:20%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:5%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:5%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:20%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:5%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:5%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">DERIVATIVE ASSETS</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">DERIVATIVE LIABILITIES</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td rowspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">BALANCE SHEET LOCATION</font></div></td><td colspan="6" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">AS OF MAY&#160;31,</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td rowspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">BALANCE SHEET LOCATION</font></div></td><td colspan="6" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">AS OF MAY&#160;31,</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial Narrow;font-size:8.5pt;color:#000000;font-style:italic;">(Dollars in millions)</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2019</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2018</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2019</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2018</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Derivatives&#160;formally designated as hedging instruments:</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Foreign exchange forwards and options</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Prepaid expenses and other current assets</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">509</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">118</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Accrued&#160;liabilities</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">5</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">156</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Foreign exchange forwards and options</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Deferred income taxes and other assets</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">152</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Deferred income taxes and other liabilities</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Total derivatives formally designated as hedging instruments</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">509</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">270</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">5</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">156</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Derivatives not designated as hedging instruments:</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Foreign exchange forwards and options</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Prepaid expenses and other current assets</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">102</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">119</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Accrued liabilities</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">46</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">26</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Embedded derivatives</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Prepaid expenses and other current assets</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">5</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">3</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Accrued liabilities</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">2</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Embedded derivatives</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Deferred income taxes and other assets</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">6</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">8</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Deferred income taxes and other liabilities</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">2</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">6</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Total derivatives not designated as hedging instruments</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">113</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">130</font></div></td><td style="vertical-align:bottom;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">49</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">34</font></div></td><td style="vertical-align:bottom;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">TOTAL DERIVATIVES</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">622</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">400</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">54</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">190</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:Arial;font-size:8.5pt;"><br clear="none"/></font></div><div style="line-height:130%;padding-bottom:0px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">The following tables present the amounts in the Consolidated Statements of Income in which the effects of cash flow hedges are recorded and the effects of cash flow hedge activity on these line items for the years ended </font><font style="font-family:Arial;font-size:8.5pt;">May&#160;31, 2019</font><font style="font-family:Arial;font-size:8.5pt;">, </font><font style="font-family:Arial;font-size:8.5pt;">2018</font><font style="font-family:Arial;font-size:8.5pt;"> and </font><font style="font-family:Arial;font-size:8.5pt;">2017</font><font style="font-family:Arial;font-size:8.5pt;">: </font></div><div style="line-height:130%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="21" rowspan="1"></td></tr><tr><td style="width:32%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:7%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:7%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:7%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="20" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">YEAR ENDED MAY 31,</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="6" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2019</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="6" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2018</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="6" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2017</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial Narrow;font-size:8.5pt;color:#000000;font-style:italic;">(Dollars in millions)</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">TOTAL</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">AMOUNT OF <br clear="none"/>GAIN (LOSS) <br clear="none"/>ON CASH FLOW <br clear="none"/>HEDGE ACTIVITY</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">TOTAL</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">AMOUNT OF <br clear="none"/>GAIN (LOSS) <br clear="none"/>ON CASH FLOW <br clear="none"/>HEDGE ACTIVITY</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">TOTAL</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">AMOUNT OF <br clear="none"/>GAIN (LOSS) <br clear="none"/>ON CASH FLOW <br clear="none"/>HEDGE ACTIVITY</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Revenues</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">39,117</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:Arial;font-size:8pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:Arial;font-size:8pt;">(5</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:Arial;font-size:8pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">36,397</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:Arial;font-size:8pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:Arial;font-size:8pt;">34</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">34,350</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:Arial;font-size:8pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:Arial;font-size:8pt;">96</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Cost of sales</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">21,643</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">53</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">20,441</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(90</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">19,038</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">339</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Demand creation expense</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">3,753</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">3,577</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">3,341</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Other (income) expense, net</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(78</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">35</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">66</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(69</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(196</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">199</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Interest expense (income), net</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">49</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(7</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">54</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(7</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">59</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(4</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td></tr></table></div><font style="font-family:Arial;font-size:8.5pt;"><br clear="none"/></font></div><div style="line-height:130%;padding-bottom:0px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">The following tables present the amounts affecting the Consolidated Statements of Income for the years ended </font><font style="font-family:Arial;font-size:8.5pt;">May&#160;31, 2019</font><font style="font-family:Arial;font-size:8.5pt;">, </font><font style="font-family:Arial;font-size:8.5pt;">2018</font><font style="font-family:Arial;font-size:8.5pt;"> and </font><font style="font-family:Arial;font-size:8.5pt;">2017</font><font style="font-family:Arial;font-size:8.5pt;">:</font></div><div style="line-height:130%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="22" rowspan="1"></td></tr><tr><td style="width:26%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:5%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:5%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:5%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:30%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:5%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:5%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:5%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td rowspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="1"><div style="font-size:8.5pt;"><font style="font-family:Arial Narrow;font-size:8.5pt;"><br clear="none"/></font></div><div style="font-size:8.5pt;"><font style="font-family:Arial Narrow;font-size:8.5pt;color:#000000;font-style:italic;">(Dollars in millions)</font></div></td><td colspan="9" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">AMOUNT OF GAIN (LOSS) <br clear="none"/>RECOGNIZED IN OTHER <br clear="none"/>COMPREHENSIVE INCOME (LOSS) ON DERIVATIVES</font><font style="font-family:Open Sans Condensed,sans-serif;font-size:7.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(1)</sup></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="11" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">AMOUNT OF GAIN (LOSS) <br clear="none"/>RECLASSIFIED FROM ACCUMULATED <br clear="none"/>OTHER COMPREHENSIVE <br clear="none"/>INCOME (LOSS) INTO INCOME</font><font style="font-family:Open Sans Condensed,sans-serif;font-size:7.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(1)</sup></font></div></td></tr><tr><td colspan="9" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">YEAR ENDED MAY 31,</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td rowspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">LOCATION OF GAIN (LOSS) <br clear="none"/>RECLASSIFIED FROM ACCUMULATED <br clear="none"/>OTHER COMPREHENSIVE INCOME <br clear="none"/>(LOSS) INTO INCOME</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="9" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">YEAR ENDED MAY 31,</font></div></td></tr><tr><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2019</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2018</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2017</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2019</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2018</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2017</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Derivatives designated as </font><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;"><br clear="none"/></font><font style="font-family:Arial;font-size:8.5pt;">cash flow hedges:</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Foreign exchange forwards </font><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;"><br clear="none"/></font><font style="font-family:Arial;font-size:8.5pt;">and options</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">14</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">19</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">72</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Revenues</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(5</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">34</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">96</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Foreign exchange forwards </font><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;"><br clear="none"/></font><font style="font-family:Arial;font-size:8.5pt;">and options</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">405</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(50</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">43</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Cost of sales</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">53</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(90</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">339</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:middle;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Foreign exchange forwards </font><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;"><br clear="none"/></font><font style="font-family:Arial;font-size:8.5pt;">and options</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">2</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(4</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Demand creation expense</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Foreign exchange forwards </font><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;"><br clear="none"/></font><font style="font-family:Arial;font-size:8.5pt;">and options</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">156</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(19</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">37</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Other (income) expense, net</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">35</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(69</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">199</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Interest rate swaps</font><font style="font-family:Arial;font-size:7.5pt;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(2)</sup></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(54</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Interest expense (income), net</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(7</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(7</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(4</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Total designated cash </font><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;"><br clear="none"/></font><font style="font-family:Arial;font-size:8.5pt;">flow hedges</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">577</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(49</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">94</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">76</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(131</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">630</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div><table cellpadding="0" cellspacing="0" style="padding-top:4px;padding-bottom:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:7pt;padding-left:0px;"><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">(1)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:7pt;"><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">For the years ended </font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">May&#160;31, 2019</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">, </font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">2018</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;"> and </font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">2017</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">, the amounts recorded in </font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">Other (income) expense, net</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;"> as a result of the discontinuance of cash flow hedges because the forecasted transactions were no longer probable of occurring were immaterial.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:4px;padding-bottom:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:7pt;padding-left:0px;"><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">(2)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:7pt;"><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">Gains and losses associated with terminated interest rate swaps, which were previously designated as cash flow hedges and recorded in Accumulated other comprehensive income (loss), will be released through Interest expense (income), net over the term of the issued debt.</font></div></td></tr></table><div style="line-height:130%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="12" rowspan="1"></td></tr><tr><td style="width:43%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:7%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:7%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:7%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:29%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="9" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">AMOUNT OF GAIN (LOSS) RECOGNIZED</font><font style="font-family:Arial;font-size:8.5pt;">&#160;</font><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;"><br clear="none"/>IN INCOME ON DERIVATIVES</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td rowspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">LOCATION OF GAIN (LOSS)</font><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;">&#160;</font><font style="font-family:Arial;font-size:8.5pt;">&#160;</font><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;"><br clear="none"/>RECOGNIZED IN INCOME</font><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;">&#160;</font><font style="font-family:Arial;font-size:8.5pt;">&#160;</font><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;"><br clear="none"/>ON DERIVATIVES</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="9" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">YEAR ENDED MAY 31,</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial Narrow;font-size:8.5pt;color:#000000;font-style:italic;">(Dollars in millions)</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2019</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2018</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2017</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Derivatives not designated as hedging instruments:</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Foreign exchange forwards and options</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">166</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(57</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(44</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Other (income) expense, net</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Embedded derivatives</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">7</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(4</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(2</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Other (income) expense, net</font></div></td></tr></table></div><font style="font-family:Arial;font-size:8.5pt;"><br clear="none"/></font></div><div style="line-height:100%;padding-bottom:8px;padding-top:16px;text-align:left;padding-left:0px;text-indent:0px;font-size:14pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:14pt;color:#000000;font-weight:bold;">CASH FLOW HEDGES</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">All changes in fair value of derivatives designated as cash flow hedges are recorded in&#160;</font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Accumulated other comprehensive income (loss)</font><font style="font-family:Arial;font-size:8.5pt;">&#160;until&#160;</font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Net income</font><font style="font-family:Arial;font-size:8.5pt;">&#160;is affected by the variability of cash flows of the hedged transaction. Effective hedge results are classified in the Consolidated Statements of Income in the same manner as the underlying exposure. Derivative instruments designated as cash flow hedges must be discontinued when it is no longer probable the forecasted hedged transaction will occur in the initially identified time period. The gains and losses associated with discontinued derivative instruments in </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Accumulated other comprehensive income (loss)</font><font style="font-family:Arial;font-size:8.5pt;"> will be recognized immediately in </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Other (income) expense, net</font><font style="font-family:Arial;font-size:8.5pt;">, if it is probable the forecasted hedged transaction will not occur by the end of the initially identified time period or within an additional </font><font style="font-family:Arial;font-size:8.5pt;">two</font><font style="font-family:Arial;font-size:8.5pt;">-month period thereafter. In all situations in which hedge accounting is discontinued and the derivative remains outstanding, the Company will account for the derivative as an undesignated instrument as discussed below. </font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">The purpose of the Company's foreign exchange risk management program is to lessen both the positive and negative effects of currency fluctuations on the Company's consolidated results of operations, financial position and cash flows. Foreign currency exposures the Company may elect to hedge in this manner include product cost exposures, non-functional currency denominated external and intercompany revenues, demand creation expenses, investments in U.S.&#160;Dollar denominated available-for-sale debt securities and certain other intercompany transactions.</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Product cost exposures are primarily generated through non-functional currency denominated product purchases and the foreign currency adjustment program described below. NIKE entities primarily purchase product in two ways: (1) Certain NIKE entities purchase product from the NIKE Trading Company (NTC), a wholly owned sourcing hub that buys NIKE branded products from third party factories, predominantly in U.S. Dollars. The NTC, whose functional currency is the U.S.&#160;Dollar, then sells the product to NIKE entities in their respective functional currencies. NTC sales to a NIKE entity with a different functional currency result in a foreign currency exposure for the NTC. (2) Other NIKE entities purchase product directly from third party factories in U.S. Dollars. These purchases generate a foreign currency exposure for those NIKE entities with a functional currency other than the U.S. Dollar.</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">The Company operates a foreign currency adjustment program with certain factories. The program is designed to more effectively manage foreign currency risk by assuming certain of the factories' foreign currency exposures, some of which are natural offsets to the Company's existing foreign currency exposures. Under this program, the Company's payments to these factories are adjusted for rate fluctuations in the basket of currencies (&#8220;factory currency exposure index&#8221;) in which the labor, materials and overhead costs incurred by the factories in the production of NIKE branded products (&#8220;factory input costs&#8221;) are denominated. For the portion of the indices denominated in the local or functional currency of the factory, the Company may elect to place formally designated cash flow hedges. For all currencies within the indices, excluding the U.S.&#160;Dollar and the local or functional currency of the factory, an embedded derivative contract is created upon the factory's acceptance of NIKE's purchase order. Embedded derivative contracts are separated from the related purchase order, as further described within the Embedded Derivatives section below.</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">The Company's policy permits the utilization of derivatives to reduce its foreign currency exposures where internal netting or other strategies cannot be effectively employed. Typically, the Company may enter into hedge contracts starting up to </font><font style="font-family:Arial;font-size:8.5pt;">12</font><font style="font-family:Arial;font-size:8.5pt;"> to </font><font style="font-family:Arial;font-size:8.5pt;">24</font><font style="font-family:Arial;font-size:8.5pt;"> months in advance of the forecasted transaction and may place incremental hedges up to </font><font style="font-family:Arial;font-size:8.5pt;">100%</font><font style="font-family:Arial;font-size:8.5pt;"> of the exposure by the time the forecasted transaction occurs. The total notional amount of outstanding foreign currency derivatives designated as cash flow hedges was&#160;</font><font style="font-family:Arial;font-size:8.5pt;">$8.1 billion</font><font style="font-family:Arial;font-size:8.5pt;">&#160;as of </font><font style="font-family:Arial;font-size:8.5pt;">May&#160;31, 2019</font><font style="font-family:Arial;font-size:8.5pt;">.</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">As of </font><font style="font-family:Arial;font-size:8.5pt;">May&#160;31, 2019</font><font style="font-family:Arial;font-size:8.5pt;">, approximately </font><font style="font-family:Arial;font-size:8.5pt;">$518 million</font><font style="font-family:Arial;font-size:8.5pt;"> of deferred net gains (net of tax) on both outstanding and matured derivatives in </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Accumulated other comprehensive income (loss)</font><font style="font-family:Arial;font-size:8.5pt;"> are expected to be reclassified to </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Net income</font><font style="font-family:Arial;font-size:8.5pt;"> during the next 12 months concurrent with the underlying hedged transactions also being recorded in </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Net income</font><font style="font-family:Arial;font-size:8.5pt;">. Actual amounts ultimately reclassified to Net income are dependent on the exchange rates in effect when derivative contracts currently outstanding mature. As of </font><font style="font-family:Arial;font-size:8.5pt;">May&#160;31, 2019</font><font style="font-family:Arial;font-size:8.5pt;">, the maximum term over which the Company is hedging exposures to the variability of cash flows for its forecasted transactions was </font><font style="font-family:Arial;font-size:8.5pt;">15</font><font style="font-family:Arial;font-size:8.5pt;"> months.</font></div><div style="line-height:100%;padding-bottom:8px;padding-top:16px;text-align:left;padding-left:0px;text-indent:0px;font-size:14pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:14pt;color:#000000;font-weight:bold;">FAIR VALUE HEDGES</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">The Company has, in the past, been exposed to the risk of changes in the fair value of certain fixed-rate debt attributable to changes in interest rates. Derivatives used by the Company to hedge this risk are receive-fixed, pay-variable interest rate swaps. All interest rate swaps designated as fair value hedges of the related long-term debt meet the shortcut method requirements under U.S. GAAP. Accordingly, changes in the fair values of the interest rate swaps are considered to exactly offset changes in the fair value of the underlying long-term debt. The Company had </font><font style="font-family:Arial;font-size:8.5pt;">no</font><font style="font-family:Arial;font-size:8.5pt;"> interest rate swaps designated as fair value hedges as of </font><font style="font-family:Arial;font-size:8.5pt;">May&#160;31, 2019</font><font style="font-family:Arial;font-size:8.5pt;">. </font></div><div style="line-height:100%;padding-bottom:8px;padding-top:16px;text-align:left;padding-left:0px;text-indent:0px;font-size:14pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:14pt;color:#000000;font-weight:bold;">NET INVESTMENT HEDGES</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">The Company has, in the past, hedged and may, in the future, hedge the risk of variability in foreign currency-denominated net investments in wholly-owned international operations. All changes in fair value of the derivatives designated as net investment hedges are reported in </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Accumulated other comprehensive income (loss)</font><font style="font-family:Arial;font-size:8.5pt;"> along with the foreign currency translation adjustments on those investments. The Company had </font><font style="font-family:Arial;font-size:8.5pt;">no</font><font style="font-family:Arial;font-size:8.5pt;"> outstanding net investment hedges as of </font><font style="font-family:Arial;font-size:8.5pt;">May&#160;31, 2019</font><font style="font-family:Arial;font-size:8.5pt;">.</font></div><div style="line-height:100%;padding-bottom:8px;padding-top:16px;text-align:left;padding-left:0px;text-indent:0px;font-size:14pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:14pt;color:#000000;font-weight:bold;">UNDESIGNATED DERIVATIVE INSTRUMENTS</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">The Company may elect to enter into foreign exchange forwards to mitigate the change in fair value of specific assets and liabilities on the Consolidated Balance Sheets and/or the embedded derivative contracts. These undesignated instruments are recorded at fair value as a derivative asset or liability on the Consolidated Balance Sheets with their corresponding change in fair value recognized in </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Other (income) expense, net</font><font style="font-family:Arial;font-size:8.5pt;">, together with the re-measurement gain or loss from the hedged balance sheet position and/or embedded derivative contract. The total notional amount of outstanding undesignated derivative instruments was&#160;</font><font style="font-family:Arial;font-size:8.5pt;">$6.5 billion</font><font style="font-family:Arial;font-size:8.5pt;">&#160;as of&#160;</font><font style="font-family:Arial;font-size:8.5pt;">May&#160;31, 2019</font><font style="font-family:Arial;font-size:8.5pt;">.</font></div><div style="line-height:100%;padding-bottom:8px;padding-top:16px;text-align:left;padding-left:0px;text-indent:0px;font-size:14pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:14pt;color:#000000;font-weight:bold;">EMBEDDED DERIVATIVES</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">As part of the foreign currency adjustment program described above, an embedded derivative contract is created upon the factory's acceptance of NIKE's purchase order for currencies within the factory currency exposure indices that are neither the U.S.&#160;Dollar nor the local or functional currency of the factory. In addition, embedded derivative contracts are created when the Company enters into certain other contractual agreements which have payments that are indexed to currencies that are not the functional currency of either substantial party to the contracts. Embedded derivative contracts are treated as foreign currency forward contracts that are bifurcated from the related contract and recorded at fair value as a derivative asset or liability on the Consolidated Balance Sheets with their corresponding change in fair value recognized in&#160;</font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Other (income) expense, net</font><font style="font-family:Arial;font-size:8.5pt;">, through the date the foreign currency fluctuations cease to exist. </font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">At </font><font style="font-family:Arial;font-size:8.5pt;">May&#160;31, 2019</font><font style="font-family:Arial;font-size:8.5pt;">, the total notional amount of embedded derivatives outstanding was approximately </font><font style="font-family:Arial;font-size:8.5pt;">$452 million</font><font style="font-family:Arial;font-size:8.5pt;">.</font></div><div style="line-height:100%;padding-bottom:8px;padding-top:16px;text-align:left;padding-left:0px;text-indent:0px;font-size:14pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:14pt;color:#000000;font-weight:bold;">CREDIT RISK</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">The Company is exposed to credit-related losses in the event of nonperformance by counterparties to hedging instruments. The counterparties to all derivative transactions are major financial institutions with investment grade credit ratings; however, this does not eliminate the Company's exposure to credit risk with these institutions. This credit risk is limited to the unrealized gains in such contracts should any of these counterparties fail to perform as contracted. To manage this risk, the Company has established strict counterparty credit guidelines that are continually monitored.</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">The Company's derivative contracts contain credit risk-related contingent features designed to protect against significant deterioration in counterparties' creditworthiness and their ultimate ability to settle outstanding derivative contracts in the normal course of business. The Company's bilateral credit-related contingent features generally require the owing entity, either the Company or the derivative counterparty, to post collateral for the portion of the fair value in excess of </font><font style="font-family:Arial;font-size:8.5pt;">$50 million</font><font style="font-family:Arial;font-size:8.5pt;"> should the fair value of outstanding derivatives per counterparty be greater than </font><font style="font-family:Arial;font-size:8.5pt;">$50 million</font><font style="font-family:Arial;font-size:8.5pt;">. Additionally, a certain level of decline in credit rating of either the Company or the counterparty could also trigger collateral requirements. As of&#160;</font><font style="font-family:Arial;font-size:8.5pt;">May&#160;31, 2019</font><font style="font-family:Arial;font-size:8.5pt;">, the Company was in compliance with all credit risk-related contingent features and derivative instruments with credit risk-related contingent features in a net liability position were immaterial. Accordingly, the Company was not required to post any collateral as a result of these contingent features. Further, as of&#160;</font><font style="font-family:Arial;font-size:8.5pt;">May&#160;31, 2019</font><font style="font-family:Arial;font-size:8.5pt;">, the Company had&#160;</font><font style="font-family:Arial;font-size:8.5pt;">$289 million</font><font style="font-family:Arial;font-size:8.5pt;">&#160;of cash collateral received from various counterparties to its derivative contracts (refer to&#160;</font><font style="font-family:Arial;font-size:8.5pt;">Note&#160;6 &#8212; Fair Value Measurements</font><font style="font-family:Arial;font-size:8.5pt;">). The Company considers the impact of the risk of counterparty default to be </font><font style="font-family:Arial;font-size:8.5pt;">immaterial</font><font style="font-family:Arial;font-size:8.5pt;">.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:100%;padding-bottom:8px;padding-top:16px;text-align:left;padding-left:0px;text-indent:0px;font-size:14pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:14pt;color:#000000;font-weight:bold;">EMBEDDED DERIVATIVES</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">As part of the foreign currency adjustment program described above, an embedded derivative contract is created upon the factory's acceptance of NIKE's purchase order for currencies within the factory currency exposure indices that are neither the U.S.&#160;Dollar nor the local or functional currency of the factory. In addition, embedded derivative contracts are created when the Company enters into certain other contractual agreements which have payments that are indexed to currencies that are not the functional currency of either substantial party to the contracts. Embedded derivative contracts are treated as foreign currency forward contracts that are bifurcated from the related contract and recorded at fair value as a derivative asset or liability on the Consolidated Balance Sheets with their corresponding change in fair value recognized in&#160;</font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Other (income) expense, net</font><font style="font-family:Arial;font-size:8.5pt;">, through the date the foreign currency fluctuations cease to exist. </font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">The Company elects to record the gross assets and liabilities of its derivative financial instruments on the Consolidated Balance Sheets. The Company's derivative financial instruments are subject to master netting arrangements that allow for the offset of assets and liabilities in the event of default or early termination of the contract. Any amounts of cash collateral received related to these instruments associated with the Company's credit-related contingent features are recorded in </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Cash and equivalents </font><font style="font-family:Arial;font-size:8.5pt;">and</font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;"> Accrued liabilities</font><font style="font-family:Arial;font-size:8.5pt;">, the latter of which would further offset against the Company's derivative asset balance (refer to&#160;</font><font style="font-family:Arial;font-size:8.5pt;">Note&#160;14 &#8212; Risk Management and Derivatives</font><font style="font-family:Arial;font-size:8.5pt;">). Any amounts of cash collateral posted related to these instruments associated with the Company's credit-related contingent features are recorded in </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Prepaid expenses and other current assets</font><font style="font-family:Arial;font-size:8.5pt;">, which would further offset against the Company's derivative liability balance (refer to&#160;</font><font style="font-family:Arial;font-size:8.5pt;">Note&#160;14 &#8212; Risk Management and Derivatives</font><font style="font-family:Arial;font-size:8.5pt;">). Cash collateral received or posted related to the Company's credit related contingent features is presented in the </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Cash provided by operations</font><font style="font-family:Arial;font-size:8.5pt;"> component of the Consolidated Statements of Cash Flows. Any amounts of non-cash collateral received, such as securities, are not recorded on the Consolidated Balance Sheets pursuant to U.S. GAAP.</font></div></div><div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:100%;padding-bottom:8px;padding-top:16px;text-align:left;padding-left:0px;text-indent:0px;font-size:14pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:14pt;color:#000000;font-weight:bold;">CASH FLOW HEDGES</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">All changes in fair value of derivatives designated as cash flow hedges are recorded in&#160;</font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Accumulated other comprehensive income (loss)</font><font style="font-family:Arial;font-size:8.5pt;">&#160;until&#160;</font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Net income</font><font style="font-family:Arial;font-size:8.5pt;">&#160;is affected by the variability of cash flows of the hedged transaction. Effective hedge results are classified in the Consolidated Statements of Income in the same manner as the underlying exposure. Derivative instruments designated as cash flow hedges must be discontinued when it is no longer probable the forecasted hedged transaction will occur in the initially identified time period. The gains and losses associated with discontinued derivative instruments in </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Accumulated other comprehensive income (loss)</font><font style="font-family:Arial;font-size:8.5pt;"> will be recognized immediately in </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Other (income) expense, net</font><font style="font-family:Arial;font-size:8.5pt;">, if it is probable the forecasted hedged transaction will not occur by the end of the initially identified time period or within an additional </font><font style="font-family:Arial;font-size:8.5pt;">two</font><font style="font-family:Arial;font-size:8.5pt;">-month period thereafter. In all situations in which hedge accounting is discontinued and the derivative remains outstanding, the Company will account for the derivative as an undesignated instrument as discussed below. </font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">The purpose of the Company's foreign exchange risk management program is to lessen both the positive and negative effects of currency fluctuations on the Company's consolidated results of operations, financial position and cash flows. Foreign currency exposures the Company may elect to hedge in this manner include product cost exposures, non-functional currency denominated external and intercompany revenues, demand creation expenses, investments in U.S.&#160;Dollar denominated available-for-sale debt securities and certain other intercompany transactions.</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Product cost exposures are primarily generated through non-functional currency denominated product purchases and the foreign currency adjustment program described below. NIKE entities primarily purchase product in two ways: (1) Certain NIKE entities purchase product from the NIKE Trading Company (NTC), a wholly owned sourcing hub that buys NIKE branded products from third party factories, predominantly in U.S. Dollars. The NTC, whose functional currency is the U.S.&#160;Dollar, then sells the product to NIKE entities in their respective functional currencies. NTC sales to a NIKE entity with a different functional currency result in a foreign currency exposure for the NTC. (2) Other NIKE entities purchase product directly from third party factories in U.S. Dollars. These purchases generate a foreign currency exposure for those NIKE entities with a functional currency other than the U.S. Dollar.</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">The Company operates a foreign currency adjustment program with certain factories. The program is designed to more effectively manage foreign currency risk by assuming certain of the factories' foreign currency exposures, some of which are natural offsets to the Company's existing foreign currency exposures. Under this program, the Company's payments to these factories are adjusted for rate fluctuations in the basket of currencies (&#8220;factory currency exposure index&#8221;) in which the labor, materials and overhead costs incurred by the factories in the production of NIKE branded products (&#8220;factory input costs&#8221;) are denominated. For the portion of the indices denominated in the local or functional currency of the factory, the Company may elect to place formally designated cash flow hedges. For all currencies within the indices, excluding the U.S.&#160;Dollar and the local or functional currency of the factory, an embedded derivative contract is created upon the factory's acceptance of NIKE's purchase order. Embedded derivative contracts are separated from the related purchase order, as further described within the Embedded Derivatives section below.</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">The Company's policy permits the utilization of derivatives to reduce its foreign currency exposures where internal netting or other strategies cannot be effectively employed. Typically, the Company may enter into hedge contracts starting up to </font><font style="font-family:Arial;font-size:8.5pt;">12</font><font style="font-family:Arial;font-size:8.5pt;"> to </font><font style="font-family:Arial;font-size:8.5pt;">24</font><font style="font-family:Arial;font-size:8.5pt;"> months in advance of the forecasted transaction and may place incremental hedges up to </font><font style="font-family:Arial;font-size:8.5pt;">100%</font><font style="font-family:Arial;font-size:8.5pt;"> of the exposure by the time the forecasted transaction occurs.</font></div></div><div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:100%;padding-bottom:8px;padding-top:16px;text-align:left;padding-left:0px;text-indent:0px;font-size:14pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:14pt;color:#000000;font-weight:bold;">FAIR VALUE HEDGES</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">The Company has, in the past, been exposed to the risk of changes in the fair value of certain fixed-rate debt attributable to changes in interest rates. Derivatives used by the Company to hedge this risk are receive-fixed, pay-variable interest rate swaps. All interest rate swaps designated as fair value hedges of the related long-term debt meet the shortcut method requirements under U.S. GAAP. Accordingly, changes in the fair values of the interest rate swaps are considered to exactly offset changes in the fair value of the underlying long-term debt.</font></div></div><div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:100%;padding-bottom:8px;padding-top:16px;text-align:left;padding-left:0px;text-indent:0px;font-size:14pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:14pt;color:#000000;font-weight:bold;">NET INVESTMENT HEDGES</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">The Company has, in the past, hedged and may, in the future, hedge the risk of variability in foreign currency-denominated net investments in wholly-owned international operations. All changes in fair value of the derivatives designated as net investment hedges are reported in </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Accumulated other comprehensive income (loss)</font><font style="font-family:Arial;font-size:8.5pt;"> along with the foreign currency translation adjustments on those investments. </font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:100%;padding-bottom:8px;padding-top:16px;text-align:left;padding-left:0px;text-indent:0px;font-size:14pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:14pt;color:#000000;font-weight:bold;">UNDESIGNATED DERIVATIVE INSTRUMENTS</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">The Company may elect to enter into foreign exchange forwards to mitigate the change in fair value of specific assets and liabilities on the Consolidated Balance Sheets and/or the embedded derivative contracts. These undesignated instruments are recorded at fair value as a derivative asset or liability on the Consolidated Balance Sheets with their corresponding change in fair value recognized in </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Other (income) expense, net</font><font style="font-family:Arial;font-size:8.5pt;">, together with the re-measurement gain or loss from the hedged balance sheet position and/or embedded derivative contract.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:100%;padding-bottom:8px;padding-top:16px;text-align:left;padding-left:0px;text-indent:0px;font-size:14pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:14pt;color:#000000;font-weight:bold;">ACCOUNTING FOR DERIVATIVES AND HEDGING ACTIVITIES</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">The Company uses derivative financial instruments to reduce its exposure to changes in foreign currency exchange rates and interest rates. All derivatives are recorded at fair value on the Consolidated Balance Sheets and changes in the fair value of derivative financial instruments are either recognized in </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Accumulated other comprehensive income (loss)</font><font style="font-family:Arial;font-size:8.5pt;"> (a component of </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Total shareholders' equity</font><font style="font-family:Arial;font-size:8.5pt;">), </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Long-term debt </font><font style="font-family:Arial;font-size:8.5pt;">or </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Net income</font><font style="font-family:Arial;font-size:8.5pt;"> 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 flows 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 </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Cash provided by operations</font><font style="font-family:Arial;font-size:8.5pt;"> component of the Consolidated Statements of Cash Flows. For designated net investment hedges, this is within the </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Cash used by investing activities</font><font style="font-family:Arial;font-size:8.5pt;"> component of the Consolidated Statements of Cash Flows. For the Company's fair value hedges, which are interest rate 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 </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Cash provided by operations</font><font style="font-family:Arial;font-size:8.5pt;"> component of the Consolidated Statements of Cash Flows.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:130%;padding-bottom:0px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">The following tables present the Company's revenues disaggregated by reportable operating segment, major product line and by distribution channel:</font></div><div style="line-height:130%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="28" rowspan="1"></td></tr><tr><td style="width:25%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:6%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:6%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:6%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:6%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:6%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:6%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:7%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:6%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="27" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">YEAR ENDED MAY&#160;31, 2019</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial Narrow;font-size:8.5pt;color:#000000;font-style:italic;">(Dollars in millions)</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">NORTH AMERICA</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">EUROPE, MIDDLE EAST &amp; AFRICA</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">GREATER CHINA</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">ASIA PACIFIC &amp; LATIN AMERICA</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">GLOBAL BRAND DIVISIONS</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">TOTAL NIKE BRAND</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">CONVERSE</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">CORPORATE</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">TOTAL NIKE, INC.</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Revenues by:</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Footwear</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">10,045</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">6,293</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">4,262</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">3,622</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">24,222</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1,658</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">25,880</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Apparel</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">5,260</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">3,087</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1,808</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1,395</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">11,550</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">118</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">11,668</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Equipment</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">597</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">432</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">138</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">237</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1,404</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">24</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1,428</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Other</font><font style="font-family:Arial;font-size:7.5pt;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(1)</sup></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">42</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">42</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">106</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(7</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">141</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">TOTAL REVENUES</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">15,902</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">9,812</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">6,208</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">5,254</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">42</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">37,218</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">1,906</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">(7</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">)</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">39,117</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Revenues by:</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Sales to Wholesale Customers</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">10,875</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">7,076</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">3,726</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">3,746</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">25,423</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1,247</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">26,670</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Sales through Direct to Consumer</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">5,027</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">2,736</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">2,482</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1,508</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">11,753</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">553</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">12,306</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Other</font><font style="font-family:Arial;font-size:7.5pt;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(1)</sup></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">42</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">42</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">106</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(7</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">141</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">TOTAL REVENUES</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">15,902</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">9,812</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">6,208</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">5,254</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">42</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">37,218</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">1,906</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">(7</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">)</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">39,117</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div><table cellpadding="0" cellspacing="0" style="padding-top:4px;padding-bottom:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:18px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:7pt;padding-left:0px;"><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">(1)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:7pt;"><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">Other revenues for Global Brand Divisions and Converse are primarily attributable to licensing businesses. Other revenues for Corporate primarily consist of foreign currency hedge gains and losses related to revenues generated by entities within the NIKE Brand geographic operating segments and Converse but managed through the Company's central foreign exchange risk management program.</font></div></td></tr></table></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:130%;padding-bottom:8px;padding-top:8px;font-size:18pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="1" rowspan="1"></td></tr><tr><td style="width:100%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:18pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:18pt;color:#e87722;font-style:normal;font-weight:bold;text-decoration:none;">NOTE&#160;11 &#8212; COMMON STOCK AND STOCK-BASED COMPENSATION</font></div></td></tr></table></div></div><div style="line-height:100%;padding-bottom:8px;padding-top:16px;text-align:left;padding-left:0px;text-indent:0px;font-size:14pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:14pt;color:#000000;font-weight:bold;">COMMON STOCK</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">The authorized number of shares of Class&#160;A Common Stock, </font><font style="font-family:Arial;font-size:8.5pt;">no</font><font style="font-family:Arial;font-size:8.5pt;"> par value, and Class B Common Stock, </font><font style="font-family:Arial;font-size:8.5pt;">no</font><font style="font-family:Arial;font-size:8.5pt;"> par value, are </font><font style="font-family:Arial;font-size:8.5pt;">400 million</font><font style="font-family:Arial;font-size:8.5pt;"> and </font><font style="font-family:Arial;font-size:8.5pt;">2,400 million</font><font style="font-family:Arial;font-size:8.5pt;">, respectively. </font><font style="font-family:Arial;font-size:8.5pt;">Each share of Class&#160;A Common Stock is convertible into one share of Class B Common Stock.</font><font style="font-family:Arial;font-size:8.5pt;"> Voting rights of Class B Common Stock are limited in certain circumstances with respect to the election of directors. There are no differences in the dividend and liquidation preferences or participation rights of the holders of Class&#160;A and Class B Common Stock. From time to time, the Company's Board of Directors authorizes share repurchase programs for the repurchase of Class B Common Stock. The value of repurchased shares is deducted from </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Total shareholders' equity</font><font style="font-family:Arial;font-size:8.5pt;"> through allocation to </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Capital in excess</font><font style="font-family:Arial;font-size:8.5pt;"> </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">of stated value </font><font style="font-family:Arial;font-size:8.5pt;">and </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Retained earnings</font><font style="font-family:Arial;font-size:8.5pt;">.</font></div><div style="line-height:100%;padding-bottom:8px;padding-top:16px;text-align:left;padding-left:0px;text-indent:0px;font-size:14pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:14pt;color:#000000;font-weight:bold;">STOCK-BASED COMPENSATION</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">The NIKE, Inc. Stock Incentive Plan (the &#8220;Stock Incentive Plan&#8221;) provides for the issuance of up to </font><font style="font-family:Arial;font-size:8.5pt;">718 million</font><font style="font-family:Arial;font-size:8.5pt;"> previously unissued shares of Class B Common Stock in connection with equity awards granted under the Stock Incentive Plan. The Stock Incentive 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 of the Board of Directors administers the Stock Incentive Plan. The committee has the authority to determine the employees to whom awards will be made, the amount of the awards and the other terms and conditions of the awards. The Company generally grants stock options and restricted stock on an annual basis. Substantially all awards under the Stock Incentive Plan vest ratably over </font><font style="font-family:Arial;font-size:8.5pt;">4</font><font style="font-family:Arial;font-size:8.5pt;"> years of continued employment, with stock options expiring </font><font style="font-family:Arial;font-size:8.5pt;">10</font><font style="font-family:Arial;font-size:8.5pt;"> years from the date of grant.</font></div><div style="line-height:130%;padding-bottom:0px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">The following table summarizes the Company's total stock-based compensation expense recognized in </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Cost of sales</font><font style="font-family:Arial;font-size:8.5pt;"> or </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Operating overhead expense</font><font style="font-family:Arial;font-size:8.5pt;">, as applicable:&#160;</font></div><div style="line-height:130%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="10" rowspan="1"></td></tr><tr><td style="width:70%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#160;</font></div></td><td colspan="9" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">YEAR ENDED MAY 31,</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial Narrow;font-size:8.5pt;color:#000000;font-style:italic;">(Dollars in millions)</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2019</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2018</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2017</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Stock options</font><font style="font-family:Arial;font-size:7.5pt;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(1)</sup></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">207</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">149</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">145</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">ESPPs</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">40</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">34</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">36</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Restricted stock</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">78</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">35</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">34</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">TOTAL STOCK-BASED COMPENSATION EXPENSE</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">325</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">218</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">215</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div><table cellpadding="0" cellspacing="0" style="padding-top:4px;padding-bottom:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:7pt;padding-left:0px;"><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">(1)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:7pt;"><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">Expense for stock options includes the expense associated with stock appreciation rights. Accelerated stock option expense is recorded for employees meeting certain retirement eligibility requirements. Accelerated stock option expense was </font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">$41 million</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">, </font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">$18 million</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;"> and </font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">$14 million</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;"> for the years ended </font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">May&#160;31, 2019</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">, </font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">2018</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;"> and </font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">2017</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">, respectively.</font></div></td></tr></table><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">The income tax benefit related to stock-based compensation expense was </font><font style="font-family:Arial;font-size:8.5pt;">$175 million</font><font style="font-family:Arial;font-size:8.5pt;"> and </font><font style="font-family:Arial;font-size:8.5pt;">$230 million</font><font style="font-family:Arial;font-size:8.5pt;"> for the fiscal years ended </font><font style="font-family:Arial;font-size:8.5pt;">May&#160;31, 2019</font><font style="font-family:Arial;font-size:8.5pt;"> and </font><font style="font-family:Arial;font-size:8.5pt;">2018</font><font style="font-family:Arial;font-size:8.5pt;">, respectively, and reported within </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Income tax expense</font><font style="font-family:Arial;font-size:8.5pt;"> in accordance with ASU 2016-09. For the fiscal year ended May 31, 2017, prior to the adoption of ASU 2016-09, income tax benefits related to stock-based compensation expense were </font><font style="font-family:Arial;font-size:8.5pt;">$177 million</font><font style="font-family:Arial;font-size:8.5pt;"> and allocated to </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Total shareholders' equity</font><font style="font-family:Arial;font-size:8.5pt;">.</font></div><div style="line-height:100%;padding-bottom:8px;padding-top:16px;text-align:left;padding-left:0px;text-indent:0px;font-size:14pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:14pt;color:#000000;font-weight:bold;">STOCK OPTIONS</font></div><div style="line-height:130%;padding-bottom:0px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">The weighted average fair value per share of the options granted during the years ended </font><font style="font-family:Arial;font-size:8.5pt;">May&#160;31, 2019</font><font style="font-family:Arial;font-size:8.5pt;">, </font><font style="font-family:Arial;font-size:8.5pt;">2018</font><font style="font-family:Arial;font-size:8.5pt;"> and </font><font style="font-family:Arial;font-size:8.5pt;">2017</font><font style="font-family:Arial;font-size:8.5pt;">, computed as of the grant date using the Black-Scholes pricing model, was </font><font style="font-family:Arial;font-size:8.5pt;">$22.78</font><font style="font-family:Arial;font-size:8.5pt;">, </font><font style="font-family:Arial;font-size:8.5pt;">$9.82</font><font style="font-family:Arial;font-size:8.5pt;"> and </font><font style="font-family:Arial;font-size:8.5pt;">$9.38</font><font style="font-family:Arial;font-size:8.5pt;">, respectively. The weighted average assumptions used to estimate these fair values were as follows:</font></div><div style="line-height:130%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="7" rowspan="1"></td></tr><tr><td style="width:70%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#160;</font></div></td><td colspan="6" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">YEAR ENDED MAY 31,</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2019</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2018</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2017</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Dividend yield</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1.0</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1.2</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1.1</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">%</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Expected volatility</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">26.6</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">16.4</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">17.4</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">%</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Weighted average expected life (in years)</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">6.0</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">6.0</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">6.0</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Risk-free interest rate</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">2.8</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">%</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">2.0</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">%</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1.3</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">%</font></div></td></tr></table></div><font style="font-family:Arial;font-size:8.5pt;"><br clear="none"/></font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">The Company estimates the expected volatility based on the implied volatility in market traded options on the Company's common stock with a term greater than </font><font style="font-family:Arial;font-size:8.5pt;">one</font><font style="font-family:Arial;font-size:8.5pt;"> year, along with other factors. The weighted average expected life of options is based on an analysis of historical and expected future exercise patterns. The interest rate is based on the U.S. Treasury (constant maturity) risk-free rate in effect at the date of grant for periods corresponding with the expected term of the options.</font></div><div style="line-height:130%;padding-bottom:0px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">The following summarizes the stock option transactions under the plan discussed above:&#160;</font></div><div style="line-height:130%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="6" rowspan="1"></td></tr><tr><td style="width:74%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:14%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">SHARES</font><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(1)</sup></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">WEIGHTED AVERAGE OPTION PRICE</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:Arial;font-size:8pt;font-style:italic;">(In&#160;millions)</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Options outstanding as of May&#160;31, 2018</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">93.2</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">40.73</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Exercised</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(18.2</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">29.70</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Forfeited</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(1.8</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">66.66</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Granted</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">18.1</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">81.79</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Options outstanding as of May&#160;31, 2019</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">91.3</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">50.59</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div><table cellpadding="0" cellspacing="0" style="padding-top:4px;padding-bottom:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:7pt;padding-left:0px;"><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">(1)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:7pt;"><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">Includes stock appreciation rights transactions.</font></div></td></tr></table><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Options exercisable as of </font><font style="font-family:Arial;font-size:8.5pt;">May&#160;31, 2019</font><font style="font-family:Arial;font-size:8.5pt;"> were </font><font style="font-family:Arial;font-size:8.5pt;">54.4 million</font><font style="font-family:Arial;font-size:8.5pt;"> and had a weighted average option price of </font><font style="font-family:Arial;font-size:8.5pt;">$37.82</font><font style="font-family:Arial;font-size:8.5pt;"> per share. The aggregate intrinsic value for options outstanding and exercisable at </font><font style="font-family:Arial;font-size:8.5pt;">May&#160;31, 2019</font><font style="font-family:Arial;font-size:8.5pt;"> was </font><font style="font-family:Arial;font-size:8.5pt;">$2,507 million</font><font style="font-family:Arial;font-size:8.5pt;"> and </font><font style="font-family:Arial;font-size:8.5pt;">$2,138 million</font><font style="font-family:Arial;font-size:8.5pt;">, respectively. The total intrinsic value of the options exercised during the years ended </font><font style="font-family:Arial;font-size:8.5pt;">May&#160;31, 2019</font><font style="font-family:Arial;font-size:8.5pt;">, </font><font style="font-family:Arial;font-size:8.5pt;">2018</font><font style="font-family:Arial;font-size:8.5pt;"> and </font><font style="font-family:Arial;font-size:8.5pt;">2017</font><font style="font-family:Arial;font-size:8.5pt;"> was </font><font style="font-family:Arial;font-size:8.5pt;">$938 million</font><font style="font-family:Arial;font-size:8.5pt;">, </font><font style="font-family:Arial;font-size:8.5pt;">$889 million</font><font style="font-family:Arial;font-size:8.5pt;"> and </font><font style="font-family:Arial;font-size:8.5pt;">$594 million</font><font style="font-family:Arial;font-size:8.5pt;">, respectively. The intrinsic value is the amount by which the market value of the underlying stock exceeds the exercise price of the options. The weighted average contractual life remaining for options outstanding and options exercisable at </font><font style="font-family:Arial;font-size:8.5pt;">May&#160;31, 2019</font><font style="font-family:Arial;font-size:8.5pt;"> was </font><font style="font-family:Arial;font-size:8.5pt;">5.9</font><font style="font-family:Arial;font-size:8.5pt;"> years and </font><font style="font-family:Arial;font-size:8.5pt;">4.3</font><font style="font-family:Arial;font-size:8.5pt;"> years, respectively. As of </font><font style="font-family:Arial;font-size:8.5pt;">May&#160;31, 2019</font><font style="font-family:Arial;font-size:8.5pt;">, the Company had </font><font style="font-family:Arial;font-size:8.5pt;">$352 million</font><font style="font-family:Arial;font-size:8.5pt;"> of unrecognized compensation costs from stock options, net of estimated forfeitures, to be recognized in </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Cost of sales</font><font style="font-family:Arial;font-size:8.5pt;"> or </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Operating overhead expense</font><font style="font-family:Arial;font-size:8.5pt;">, as applicable, over a weighted average remaining period of </font><font style="font-family:Arial;font-size:8.5pt;">2.1</font><font style="font-family:Arial;font-size:8.5pt;"> years.</font></div><div style="line-height:100%;padding-bottom:8px;padding-top:16px;text-align:left;padding-left:0px;text-indent:0px;font-size:14pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:14pt;color:#000000;font-weight:bold;">EMPLOYEE STOCK PURCHASE PLANS</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">In addition to the Stock Incentive Plan, the Company gives employees the right to purchase shares at a discount from the market price under employee stock purchase plans (ESPPs). Subject to the annual statutory limit, employees are eligible to participate through payroll deductions of up to </font><font style="font-family:Arial;font-size:8.5pt;">10%</font><font style="font-family:Arial;font-size:8.5pt;"> of their compensation. At the end of each </font><font style="font-family:Arial;font-size:8.5pt;">six</font><font style="font-family:Arial;font-size:8.5pt;">-month offering period, shares are purchased by the participants at </font><font style="font-family:Arial;font-size:8.5pt;">85%</font><font style="font-family:Arial;font-size:8.5pt;"> of the lower of the fair market value at the beginning or the end of the offering period. Employees purchased </font><font style="font-family:Arial;font-size:8.5pt;">2.5 million</font><font style="font-family:Arial;font-size:8.5pt;">, </font><font style="font-family:Arial;font-size:8.5pt;">3.1 million</font><font style="font-family:Arial;font-size:8.5pt;"> and </font><font style="font-family:Arial;font-size:8.5pt;">3.1 million</font><font style="font-family:Arial;font-size:8.5pt;"> shares during each of the fiscal years ended </font><font style="font-family:Arial;font-size:8.5pt;">May&#160;31, 2019</font><font style="font-family:Arial;font-size:8.5pt;">, </font><font style="font-family:Arial;font-size:8.5pt;">2018</font><font style="font-family:Arial;font-size:8.5pt;"> and </font><font style="font-family:Arial;font-size:8.5pt;">2017</font><font style="font-family:Arial;font-size:8.5pt;">, respectively.</font></div><div style="line-height:100%;padding-bottom:8px;padding-top:16px;text-align:left;padding-left:0px;text-indent:0px;font-size:14pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:14pt;color:#000000;font-weight:bold;">RESTRICTED STOCK AND RESTRICTED STOCK UNITS</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Recipients of restricted stock are entitled to cash dividends and to vote their respective shares throughout the period of restriction. Recipients of restricted stock units are entitled to dividend equivalent cash payments upon vesting. The number of restricted stock and restricted stock units vested includes shares of common stock withheld by the Company on behalf of employees to satisfy the minimum statutory tax withholding requirements. </font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">The following summarizes the restricted stock and restricted stock unit activity under the plan discussed above:&#160;</font></div><div style="line-height:130%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="7" rowspan="1"></td></tr><tr><td style="width:73%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:14%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">SHARES</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">WEIGHTED AVERAGE GRANT DATE <br clear="none"/>FAIR VALUE</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:Arial;font-size:8pt;font-style:italic;">(In&#160;millions)</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Nonvested as of May&#160;31, 2018</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">2.8</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">59.14</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Vested</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(0.6</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;padding-left:6px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">59.01</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Forfeited</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(0.3</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;padding-left:6px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">66.24</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Granted</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">2.5</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;padding-left:6px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">80.95</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Nonvested as of May&#160;31, 2019</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">4.4</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;padding-left:6px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;padding-left:6px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">70.93</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:Arial;font-size:8.5pt;"><br clear="none"/></font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">The weighted average grant date fair values per share of restricted stock and restricted stock units granted for the years ended </font><font style="font-family:Arial;font-size:8.5pt;">May&#160;31, 2019</font><font style="font-family:Arial;font-size:8.5pt;">, </font><font style="font-family:Arial;font-size:8.5pt;">2018</font><font style="font-family:Arial;font-size:8.5pt;"> and </font><font style="font-family:Arial;font-size:8.5pt;">2017</font><font style="font-family:Arial;font-size:8.5pt;"> was </font><font style="font-family:Arial;font-size:8.5pt;">$80.95</font><font style="font-family:Arial;font-size:8.5pt;">, </font><font style="font-family:Arial;font-size:8.5pt;">$62.51</font><font style="font-family:Arial;font-size:8.5pt;">, and </font><font style="font-family:Arial;font-size:8.5pt;">$57.59</font><font style="font-family:Arial;font-size:8.5pt;">, respectively. During the years ended </font><font style="font-family:Arial;font-size:8.5pt;">May&#160;31, 2019</font><font style="font-family:Arial;font-size:8.5pt;">, </font><font style="font-family:Arial;font-size:8.5pt;">2018</font><font style="font-family:Arial;font-size:8.5pt;"> and </font><font style="font-family:Arial;font-size:8.5pt;">2017</font><font style="font-family:Arial;font-size:8.5pt;">, the aggregate fair value of restricted stock and restricted stock units vested was </font><font style="font-family:Arial;font-size:8.5pt;">$44 million</font><font style="font-family:Arial;font-size:8.5pt;">, </font><font style="font-family:Arial;font-size:8.5pt;">$113 million</font><font style="font-family:Arial;font-size:8.5pt;"> and </font><font style="font-family:Arial;font-size:8.5pt;">$60 million</font><font style="font-family:Arial;font-size:8.5pt;">, respectively, determined as of the date of vesting. As of </font><font style="font-family:Arial;font-size:8.5pt;">May&#160;31, 2019</font><font style="font-family:Arial;font-size:8.5pt;">, the Company had </font><font style="font-family:Arial;font-size:8.5pt;">$195 million</font><font style="font-family:Arial;font-size:8.5pt;"> of unrecognized compensation costs from restricted stock and restricted stock units, net of estimated forfeitures, to be recognized in </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Cost of sales</font><font style="font-family:Arial;font-size:8.5pt;"> or </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Operating overhead expense</font><font style="font-family:Arial;font-size:8.5pt;">, as applicable, over a weighted average period of </font><font style="font-family:Arial;font-size:8.5pt;">2.3</font><font style="font-family:Arial;font-size:8.5pt;"> years.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:100%;padding-bottom:8px;padding-top:16px;text-align:left;padding-left:0px;text-indent:0px;font-size:14pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:14pt;color:#000000;font-weight:bold;">EARNINGS PER SHARE</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Basic earnings per common share is calculated by dividing </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Net income</font><font style="font-family:Arial;font-size:8.5pt;"> 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.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:130%;padding-bottom:8px;padding-top:8px;font-size:18pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="1" rowspan="1"></td></tr><tr><td style="width:100%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="padding-top:18px;text-align:left;font-size:18pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:18pt;color:#e87722;font-style:normal;font-weight:bold;text-decoration:none;">NOTE&#160;12 &#8212; EARNINGS PER SHARE</font></div></td></tr></table></div></div><div style="line-height:130%;padding-bottom:0px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">The following is a reconciliation from basic earnings per common share to diluted earnings per common share. The computations of diluted earnings per common share excluded options, including shares under ESPPs, to purchase an additional </font><font style="font-family:Arial;font-size:8.5pt;">17.5 million</font><font style="font-family:Arial;font-size:8.5pt;">, </font><font style="font-family:Arial;font-size:8.5pt;">42.9 million</font><font style="font-family:Arial;font-size:8.5pt;"> and </font><font style="font-family:Arial;font-size:8.5pt;">30.5 million</font><font style="font-family:Arial;font-size:8.5pt;"> shares of common stock outstanding for the years ended </font><font style="font-family:Arial;font-size:8.5pt;">May&#160;31, 2019</font><font style="font-family:Arial;font-size:8.5pt;">, </font><font style="font-family:Arial;font-size:8.5pt;">2018</font><font style="font-family:Arial;font-size:8.5pt;"> and </font><font style="font-family:Arial;font-size:8.5pt;">2017</font><font style="font-family:Arial;font-size:8.5pt;">, respectively, because the options were anti-dilutive.</font></div><div style="line-height:130%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="10" rowspan="1"></td></tr><tr><td style="width:70%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#160;</font></div></td><td colspan="9" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">YEAR ENDED MAY 31,</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial Narrow;font-size:8.5pt;color:#000000;font-style:italic;">(Dollars in millions, except per share data)</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2019</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2018</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2017</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Net income available to common stockholders</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">4,029</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1,933</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">4,240</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Determination of shares:</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Weighted average common shares outstanding</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1,579.7</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1,623.8</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1,657.8</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Assumed conversion of dilutive stock options and awards</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">38.7</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">35.3</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">34.2</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">DILUTED WEIGHTED AVERAGE COMMON SHARES OUTSTANDING</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">1,618.4</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">1,659.1</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">1,692.0</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Earnings per common share:</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Basic</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">2.55</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1.19</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">2.56</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Diluted</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">2.49</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1.17</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">2.51</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:130%;padding-bottom:8px;padding-top:8px;font-size:18pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="1" rowspan="1"></td></tr><tr><td style="width:100%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="padding-top:18px;text-align:left;font-size:18pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:18pt;color:#e87722;font-style:normal;font-weight:bold;text-decoration:none;">NOTE&#160;6 &#8212; FAIR VALUE MEASUREMENTS</font></div></td></tr></table></div></div><div style="line-height:130%;padding-bottom:0px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">The following tables present information about the Company's financial assets measured at fair value on a recurring basis as of </font><font style="font-family:Arial;font-size:8.5pt;">May&#160;31, 2019</font><font style="font-family:Arial;font-size:8.5pt;"> and </font><font style="font-family:Arial;font-size:8.5pt;">2018</font><font style="font-family:Arial;font-size:8.5pt;">, and indicate the level in the fair value hierarchy in which the Company classifies the fair value measurement. Refer to </font><font style="font-family:Arial;font-size:8.5pt;">Note&#160;1 &#8212; Summary of Significant Accounting Policies</font><font style="font-family:Arial;font-size:8.5pt;"> for additional detail regarding the Company's fair value measurement methodology.</font></div><div style="line-height:130%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="10" rowspan="1"></td></tr><tr><td style="width:41%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:17%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:17%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:19%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="9" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">AS OF MAY&#160;31, 2019</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial Narrow;font-size:8.5pt;color:#000000;font-style:italic;">(Dollars in millions)</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">ASSETS AT FAIR VALUE</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">CASH AND EQUIVALENTS</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">SHORT-TERM INVESTMENTS</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Cash</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">853</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">853</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;text-decoration:underline;">Level 1:</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">U.S. Treasury securities</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">347</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">200</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">147</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;text-decoration:underline;">Level 2:</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Commercial paper and bonds</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">34</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">33</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Money market funds</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1,637</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1,637</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Time deposits</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1,791</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1,775</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">16</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">U.S. Agency securities</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Total Level 2</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">3,463</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">3,413</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">50</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">TOTAL</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">4,663</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">4,466</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">197</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div><div style="line-height:130%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="10" rowspan="1"></td></tr><tr><td style="width:41%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:17%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:17%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:19%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="9" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">AS OF MAY&#160;31, 2018</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial Narrow;font-size:8.5pt;color:#000000;font-style:italic;">(Dollars in millions)</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">ASSETS AT FAIR VALUE</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">CASH AND EQUIVALENTS</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">SHORT-TERM INVESTMENTS</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Cash</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">415</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">415</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;text-decoration:underline;">Level 1:</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">U.S. Treasury securities</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1,178</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">500</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">678</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;text-decoration:underline;">Level 2:</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Commercial paper and bonds</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">451</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">153</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">298</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Money market funds</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">2,174</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">2,174</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Time deposits</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">925</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">907</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">18</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">U.S. Agency securities</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">102</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">100</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">2</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Total Level 2</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">3,652</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">3,334</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">318</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">TOTAL</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">5,245</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">4,249</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">996</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:Arial;font-size:8.5pt;"><br clear="none"/></font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">The Company elects to record the gross assets and liabilities of its derivative financial instruments on the Consolidated Balance Sheets. The Company's derivative financial instruments are subject to master netting arrangements that allow for the offset of assets and liabilities in the event of default or early termination of the contract. Any amounts of cash collateral received related to these instruments associated with the Company's credit-related contingent features are recorded in </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Cash and equivalents </font><font style="font-family:Arial;font-size:8.5pt;">and</font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;"> Accrued liabilities</font><font style="font-family:Arial;font-size:8.5pt;">, the latter of which would further offset against the Company's derivative asset balance (refer to&#160;</font><font style="font-family:Arial;font-size:8.5pt;">Note&#160;14 &#8212; Risk Management and Derivatives</font><font style="font-family:Arial;font-size:8.5pt;">). Any amounts of cash collateral posted related to these instruments associated with the Company's credit-related contingent features are recorded in </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Prepaid expenses and other current assets</font><font style="font-family:Arial;font-size:8.5pt;">, which would further offset against the Company's derivative liability balance (refer to&#160;</font><font style="font-family:Arial;font-size:8.5pt;">Note&#160;14 &#8212; Risk Management and Derivatives</font><font style="font-family:Arial;font-size:8.5pt;">). Cash collateral received or posted related to the Company's credit related contingent features is presented in the </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Cash provided by operations</font><font style="font-family:Arial;font-size:8.5pt;"> component of the Consolidated Statements of Cash Flows. Any amounts of non-cash collateral received, such as securities, are not recorded on the Consolidated Balance Sheets pursuant to U.S. GAAP. For further information related to credit risk, refer to </font><font style="font-family:Arial;font-size:8.5pt;">Note&#160;14 &#8212; Risk Management and Derivatives</font><font style="font-family:Arial;font-size:8.5pt;">. </font></div><div style="line-height:130%;padding-bottom:0px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">The following tables present information about the Company's derivative assets and liabilities measured at fair value on a recurring basis as of&#160;</font><font style="font-family:Arial;font-size:8.5pt;">May&#160;31, 2019</font><font style="font-family:Arial;font-size:8.5pt;">&#160;and&#160;</font><font style="font-family:Arial;font-size:8.5pt;">2018</font><font style="font-family:Arial;font-size:8.5pt;">, and indicate the level in the fair value hierarchy in which the Company classifies the fair value measurement.</font></div><div style="line-height:130%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="20" rowspan="1"></td></tr><tr><td style="width:43%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:7%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:7%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:7%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:7%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="19" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">AS OF MAY&#160;31, 2019</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="9" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">DERIVATIVE ASSETS</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="9" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">DERIVATIVE LIABILITIES</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial Narrow;font-size:8.5pt;color:#000000;font-style:italic;">(Dollars in millions)</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">ASSETS AT FAIR VALUE</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">OTHER CURRENT ASSETS</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">OTHER LONG-TERM ASSETS</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">LIABILITIES AT FAIR VALUE</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">ACCRUED LIABILITIES</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">OTHER LONG-TERM LIABILITIES</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;text-decoration:underline;">Level 2:</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Foreign exchange forwards and options</font><font style="font-family:Arial;font-size:7.5pt;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(1)</sup></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">611</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">611</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">51</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">51</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Embedded derivatives</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">11</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">5</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">6</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">3</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">2</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">TOTAL</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">622</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">616</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">6</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">54</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">52</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">2</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div><table cellpadding="0" cellspacing="0" style="padding-top:4px;padding-bottom:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:7pt;padding-left:0px;"><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">(1)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:7pt;"><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">If the foreign exchange derivative instruments had been netted on the Consolidated Balance Sheets, the asset and liability positions each would have been reduced by </font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">$50 million</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;"> as of </font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">May&#160;31, 2019</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">. As of that date, the Company had received </font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">$289 million</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">&#160;of cash collateral from various counterparties related to foreign exchange derivative instruments. </font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">No</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;"> amount of collateral was posted on the Company's derivative liability balance as of </font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">May&#160;31, 2019</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">. </font></div></td></tr></table><div style="line-height:130%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="20" rowspan="1"></td></tr><tr><td style="width:43%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:7%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:7%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:7%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:7%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="19" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">AS OF MAY&#160;31, 2018</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="9" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">DERIVATIVE ASSETS</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="9" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">DERIVATIVE LIABILITIES</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial Narrow;font-size:8.5pt;color:#000000;font-style:italic;">(Dollars in millions)</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">ASSETS AT FAIR VALUE</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">OTHER CURRENT ASSETS</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">OTHER LONG-TERM ASSETS</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">LIABILITIES AT FAIR VALUE</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">ACCRUED LIABILITIES</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">OTHER LONG-TERM LIABILITIES</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;text-decoration:underline;">Level 2:</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Foreign exchange forwards and options</font><font style="font-family:Arial;font-size:7.5pt;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(1)</sup></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">389</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">237</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">152</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">182</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">182</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Embedded derivatives</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">11</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">3</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">8</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">8</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">2</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">6</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">TOTAL</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">400</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">240</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">160</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">190</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">184</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">6</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div><table cellpadding="0" cellspacing="0" style="padding-top:4px;padding-bottom:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:7pt;padding-left:0px;"><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">(1)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:7pt;"><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">If the foreign exchange derivative instruments had been netted on the Consolidated Balance Sheets, the asset and liability positions each would have been reduced by </font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">$182 million</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;"> as of </font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">May&#160;31, 2018</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">. As of that date, the Company had received </font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">$23 million</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">&#160;of cash collateral from various counterparties related to foreign exchange derivative instruments. </font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">No</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;"> amount of collateral was posted on the Company's derivative liability balance as of </font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">May&#160;31, 2018</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">.</font></div></td></tr></table><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">The Company's investment portfolio consists of investments in U.S. Treasury and Agency securities, time deposits, money market funds, corporate commercial paper and bonds. These securities are valued using market prices in both active markets (Level 1) and less active markets (Level 2). As of </font><font style="font-family:Arial;font-size:8.5pt;">May&#160;31, 2019</font><font style="font-family:Arial;font-size:8.5pt;">, the Company held </font><font style="font-family:Arial;font-size:8.5pt;">$158 million</font><font style="font-family:Arial;font-size:8.5pt;"> of available-for-sale debt securities with maturity dates within one year and </font><font style="font-family:Arial;font-size:8.5pt;">$39 million</font><font style="font-family:Arial;font-size:8.5pt;"> with maturity dates over one year and less than five years in </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Short-term investments</font><font style="font-family:Arial;font-size:8.5pt;"> on the Consolidated Balance Sheets. The gross realized gains and losses on sales of securities were immaterial for the fiscal years ended </font><font style="font-family:Arial;font-size:8.5pt;">May&#160;31, 2019</font><font style="font-family:Arial;font-size:8.5pt;"> and </font><font style="font-family:Arial;font-size:8.5pt;">2018</font><font style="font-family:Arial;font-size:8.5pt;">. Unrealized gains and losses on available-for-sale debt securities included in </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Accumulated other comprehensive income (loss) </font><font style="font-family:Arial;font-size:8.5pt;">were immaterial as of </font><font style="font-family:Arial;font-size:8.5pt;">May&#160;31, 2019</font><font style="font-family:Arial;font-size:8.5pt;"> and </font><font style="font-family:Arial;font-size:8.5pt;">2018</font><font style="font-family:Arial;font-size:8.5pt;">. The Company regularly reviews its available-for-sale debt securities for other-than-temporary impairment. For the years ended </font><font style="font-family:Arial;font-size:8.5pt;">May&#160;31, 2019</font><font style="font-family:Arial;font-size:8.5pt;"> and </font><font style="font-family:Arial;font-size:8.5pt;">2018</font><font style="font-family:Arial;font-size:8.5pt;">, the Company did not consider any of its securities to be other-than-temporarily impaired and, accordingly, did not recognize any impairment losses.</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Included in</font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;"> </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Interest expense (income), net</font><font style="font-family:Arial;font-size:8.5pt;"> was interest income related to the Company's investment portfolio of </font><font style="font-family:Arial;font-size:8.5pt;">$82 million</font><font style="font-family:Arial;font-size:8.5pt;">, </font><font style="font-family:Arial;font-size:8.5pt;">$70 million</font><font style="font-family:Arial;font-size:8.5pt;"> and </font><font style="font-family:Arial;font-size:8.5pt;">$27 million</font><font style="font-family:Arial;font-size:8.5pt;"> for the years ended </font><font style="font-family:Arial;font-size:8.5pt;">May&#160;31, 2019</font><font style="font-family:Arial;font-size:8.5pt;">, </font><font style="font-family:Arial;font-size:8.5pt;">2018</font><font style="font-family:Arial;font-size:8.5pt;"> and </font><font style="font-family:Arial;font-size:8.5pt;">2017</font><font style="font-family:Arial;font-size:8.5pt;">, respectively.</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">The Company's Level 3 assets comprise investments in certain non-marketable preferred stock. These Level 3 investments are an immaterial portion of the Company's portfolio and changes in these investments were immaterial during the years ended </font><font style="font-family:Arial;font-size:8.5pt;">May&#160;31, 2019</font><font style="font-family:Arial;font-size:8.5pt;"> and </font><font style="font-family:Arial;font-size:8.5pt;">2018</font><font style="font-family:Arial;font-size:8.5pt;">. </font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">No</font><font style="font-family:Arial;font-size:8.5pt;"> transfers among the levels within the fair value hierarchy occurred during the years ended </font><font style="font-family:Arial;font-size:8.5pt;">May&#160;31, 2019</font><font style="font-family:Arial;font-size:8.5pt;"> or </font><font style="font-family:Arial;font-size:8.5pt;">2018</font><font style="font-family:Arial;font-size:8.5pt;">. </font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">For additional information related to the Company's derivative financial instruments, refer to </font><font style="font-family:Arial;font-size:8.5pt;">Note&#160;14 &#8212; Risk Management and Derivatives</font><font style="font-family:Arial;font-size:8.5pt;">. For fair value information regarding </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Notes payable </font><font style="font-family:Arial;font-size:8.5pt;">and</font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;"> Long-term debt</font><font style="font-family:Arial;font-size:8.5pt;">, refer to </font><font style="font-family:Arial;font-size:8.5pt;">Note&#160;7 &#8212; Short-Term Borrowings and Credit Lines</font><font style="font-family:Arial;font-size:8.5pt;"> and </font><font style="font-family:Arial;font-size:8.5pt;">Note&#160;8 &#8212; Long-Term Debt</font><font style="font-family:Arial;font-size:8.5pt;">, respectively. The carrying amounts of other current financial assets and other current financial liabilities approximate fair value. </font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">As of </font><font style="font-family:Arial;font-size:8.5pt;">May&#160;31, 2019</font><font style="font-family:Arial;font-size:8.5pt;"> and </font><font style="font-family:Arial;font-size:8.5pt;">2018</font><font style="font-family:Arial;font-size:8.5pt;">, assets or liabilities required to be measured at fair value on a non-recurring basis were immaterial.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:100%;padding-bottom:8px;padding-top:16px;text-align:left;padding-left:0px;text-indent:0px;font-size:14pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:14pt;color:#000000;font-weight:bold;">FAIR VALUE MEASUREMENTS</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">The Company measures certain financial assets and liabilities at fair value on a recurring basis, including derivatives, equity securities and available-for-sale debt securities. Fair value is the price the Company would receive to sell an asset or pay to transfer a liability in an orderly transaction with a market participant at the measurement date. The Company uses a three-level hierarchy established by the Financial Accounting Standards Board (FASB) that prioritizes fair value measurements based on the types of inputs used for the various valuation techniques (market approach, income approach and cost approach).</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">The levels of the fair value hierarchy are described below:</font></div><table cellpadding="0" cellspacing="0" style="padding-top:4px;padding-bottom:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:130%;font-size:8.5pt;padding-left:12px;"><font style="font-family:Arial;font-size:8.5pt;color:#e87722;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:130%;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Level 1:&#160;Quoted prices in active markets for identical assets or liabilities.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:4px;padding-bottom:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:130%;font-size:8.5pt;padding-left:12px;"><font style="font-family:Arial;font-size:8.5pt;color:#e87722;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:130%;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Level 2:&#160;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.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:4px;padding-bottom:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:130%;font-size:8.5pt;padding-left:12px;"><font style="font-family:Arial;font-size:8.5pt;color:#e87722;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:130%;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Level 3:&#160;Unobservable inputs with little or no market data available, which require the reporting entity to develop its own assumptions.</font></div></td></tr></table><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">The Company's assessment of the significance of a particular input to the fair value measurement in its entirety requires judgment and considers factors specific to the asset or liability.&#160;Financial assets and liabilities are classified in their entirety based on the most conservative level of input that is significant to the fair value measurement.</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Pricing vendors are utilized for a majority of Level 1 and Level 2 investments. These vendors either provide a quoted market price in an active market or use observable inputs without applying significant adjustments in their pricing. Observable inputs include broker quotes, interest rates and yield curves observable at commonly quoted intervals, volatilities and credit risks. The fair value of derivative contracts is determined using observable market inputs such as the daily market foreign currency rates, forward pricing curves, currency volatilities, currency correlations and interest rates and considers nonperformance risk of the Company and its counterparties. </font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">The Company's fair value measurement process includes comparing fair values to another independent pricing vendor to ensure appropriate fair values are recorded.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:100%;padding-bottom:8px;padding-top:16px;text-align:left;padding-left:0px;text-indent:0px;font-size:14pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:14pt;color:#000000;font-weight:bold;">FOREIGN CURRENCY TRANSLATION AND FOREIGN CURRENCY TRANSACTIONS</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Adjustments resulting from translating foreign functional currency financial statements into U.S. Dollars are included in the foreign currency translation adjustment, a component of </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Accumulated other comprehensive income (loss)</font><font style="font-family:Arial;font-size:8.5pt;"> in </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Total shareholders' equity</font><font style="font-family:Arial;font-size:8.5pt;">.</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">The Company's global subsidiaries have various assets and liabilities, primarily receivables and payables, which are denominated in currencies other than their functional currency. These balance sheet items are subject to re-measurement, the impact of which is recorded in </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Other (income) expense, net</font><font style="font-family:Arial;font-size:8.5pt;">, within the Consolidated Statements of Income.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:130%;padding-bottom:8px;padding-top:8px;font-size:18pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="1" rowspan="1"></td></tr><tr><td style="width:100%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="padding-top:18px;text-align:left;font-size:18pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:18pt;color:#e87722;font-style:normal;font-weight:bold;text-decoration:none;">NOTE&#160;4 &#8212; IDENTIFIABLE INTANGIBLE ASSETS AND GOODWILL</font></div></td></tr></table></div><font style="font-family:Arial;font-size:8.5pt;"><br clear="none"/></font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Identifiable intangible assets, net</font><font style="font-family:Arial;font-size:8.5pt;"> consist of indefinite-lived trademarks, acquired trademarks and other intangible assets. The following table summarizes the Company's </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Identifiable intangible assets, net</font><font style="font-family:Arial;font-size:8.5pt;"> balances as of&#160;</font><font style="font-family:Arial;font-size:8.5pt;">May&#160;31, 2019</font><font style="font-family:Arial;font-size:8.5pt;">&#160;and&#160;</font><font style="font-family:Arial;font-size:8.5pt;">2018</font><font style="font-family:Arial;font-size:8.5pt;">:</font></div><div style="line-height:130%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="20" rowspan="1"></td></tr><tr><td style="width:39%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:7%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:10%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:7%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:7%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:10%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:7%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="19" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">AS OF MAY 31,</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="9" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2019</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="9" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2018</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial Narrow;font-size:8.5pt;color:#000000;font-style:italic;">(Dollars in&#160;millions)</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">GROSS CARRYING AMOUNT</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">ACCUMULATED AMORTIZATION</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">NET CARRYING AMOUNT</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">GROSS CARRYING AMOUNT</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">ACCUMULATED AMORTIZATION</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">NET CARRYING AMOUNT</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Indefinite-lived trademarks</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">281</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">281</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">281</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">281</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Acquired trademarks and other</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">22</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">20</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">2</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">22</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">18</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">4</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">IDENTIFIABLE INTANGIBLE ASSETS, NET</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">303</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">20</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">283</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">303</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">18</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">285</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:Arial;font-size:8.5pt;"><br clear="none"/></font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Goodwill </font><font style="font-family:Arial;font-size:8.5pt;">was </font><font style="font-family:Arial;font-size:8.5pt;">$154 million</font><font style="font-family:Arial;font-size:8.5pt;"> at </font><font style="font-family:Arial;font-size:8.5pt;">May&#160;31, 2019</font><font style="font-family:Arial;font-size:8.5pt;"> and </font><font style="font-family:Arial;font-size:8.5pt;">2018</font><font style="font-family:Arial;font-size:8.5pt;">, of which </font><font style="font-family:Arial;font-size:8.5pt;">$65 million</font><font style="font-family:Arial;font-size:8.5pt;"> was included in the Converse segment for both periods. The remaining amounts were included in Global Brand Divisions for segment reporting purposes. There were </font><font style="font-family:Arial;font-size:8.5pt;">no</font><font style="font-family:Arial;font-size:8.5pt;"> accumulated impairment losses for goodwill as of either period end.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:100%;padding-bottom:8px;padding-top:16px;text-align:left;padding-left:0px;text-indent:0px;font-size:14pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:14pt;color:#000000;font-weight:bold;">GOODWILL AND INDEFINITE-LIVED INTANGIBLE ASSETS</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">The Company performs annual impairment tests on goodwill and intangible assets with indefinite lives in the fourth quarter of each fiscal year or when 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 than 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 it is more likely than not that the fair value of the reporting unit is greater than its carrying amount, an impairment test is unnecessary. If an impairment test is necessary, the Company will estimate the fair value of its related reporting units. If the carrying value of a reporting unit exceeds its fair value, the goodwill of that reporting unit is determined to be impaired and the Company will proceed with recording an impairment charge equal to the excess of the carrying value over the related fair value. </font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Indefinite-lived intangible assets primarily consist of acquired trade names and trademarks. The Company may first perform a qualitative assessment to determine whether it is more likely than not that an indefinite-lived intangible asset is impaired. If, after assessing the totality of events and circumstances, the Company determines it is more likely than not that the indefinite-lived intangible asset is not impaired, no quantitative fair value measurement is necessary. If a quantitative fair value measurement calculation is required for these intangible assets, the Company primarily utilizes the relief-from-royalty method. This method assumes trade names and trademarks have value to the extent their owner is relieved of the obligation to pay royalties for the benefits received from them. This method requires the Company to estimate the future revenue for the related brands, the appropriate royalty rate and the weighted average cost of capital. If the carrying value of the indefinite-lived intangible exceeds its fair value, the asset is determined to be impaired and the Company will proceed with recording an impairment charge equal to the excess of the carrying value over the related fair value.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:100%;padding-bottom:8px;padding-top:16px;text-align:left;padding-left:0px;text-indent:0px;font-size:14pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:14pt;color:#000000;font-weight:bold;">IMPAIRMENT OF LONG-LIVED ASSETS</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">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 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 affect 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 of 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 recoverability 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 group's carrying amount and its estimated fair value.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:130%;padding-bottom:8px;padding-top:8px;font-size:18pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="1" rowspan="1"></td></tr><tr><td style="width:100%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="padding-top:18px;text-align:left;font-size:18pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:18pt;color:#e87722;font-style:normal;font-weight:bold;text-decoration:none;">NOTE&#160;9 &#8212; INCOME TAXES</font></div></td></tr></table></div></div><div style="line-height:130%;padding-bottom:0px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Income before income taxes</font><font style="font-family:Arial;font-size:8.5pt;"> is as follows:</font></div><div style="line-height:130%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="10" rowspan="1"></td></tr><tr><td style="width:70%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="9" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">YEAR ENDED MAY&#160;31,</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial Narrow;font-size:8.5pt;color:#000000;font-style:italic;">(Dollars in millions)</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2019</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2018</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2017</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Income before income taxes:</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">United States</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">593</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">744</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1,240</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Foreign</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">4,208</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">3,581</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">3,646</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">TOTAL INCOME BEFORE INCOME TAXES</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">4,801</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">4,325</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">4,886</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:Arial;font-size:8.5pt;"><br clear="none"/></font></div><div style="line-height:130%;padding-bottom:0px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">The provision for income taxes is as follows:</font></div><div style="line-height:130%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="10" rowspan="1"></td></tr><tr><td style="width:70%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="9" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">YEAR ENDED MAY&#160;31,</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">(Dollars in millions)</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2019</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2018</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2017</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Current:</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">United States</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Federal</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">74</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1,167</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">398</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">State</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">56</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">45</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">82</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Foreign</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">608</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">533</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">439</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Total Current</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">738</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1,745</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">919</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Deferred:</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">United States</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Federal</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(33</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">595</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(279</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">State</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(9</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">25</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(9</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Foreign</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">76</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">27</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">15</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Total Deferred</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">34</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">647</font></div></td><td style="vertical-align:bottom;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(273</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">TOTAL INCOME TAX EXPENSE</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">772</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">2,392</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">646</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:Arial;font-size:8.5pt;"><br clear="none"/></font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">The Tax Act was signed into law on December 22, 2017 and significantly changed previous U.S. tax laws, including a reduction in the corporate tax rate from 35% to 21% and a one-time transition tax on deemed repatriation of undistributed foreign earnings. For fiscal 2018, the change in the corporate tax rate resulted in a blended U.S. federal statutory rate for the Company of approximately </font><font style="font-family:Arial;font-size:8.5pt;">29%</font><font style="font-family:Arial;font-size:8.5pt;">. Certain provisions of the Tax Act, including a provision to tax global intangible low-taxed income (GILTI) of foreign subsidiaries, were not effective for the Company until fiscal 2019. In accordance with U.S. GAAP, the Company has made an accounting policy election to treat taxes due under the GILTI provision as a current period expense. Implementation of the Tax Act required the Company to record incremental provisional tax expense in fiscal 2018, which increased its effective tax rate in fiscal 2018.&#160;The Company completed its analysis of the Tax Act in the second quarter of fiscal 2019 and no adjustments were made to the provisional amounts recorded. As of </font><font style="font-family:Arial;font-size:8.5pt;">May&#160;31, 2019</font><font style="font-family:Arial;font-size:8.5pt;"> and </font><font style="font-family:Arial;font-size:8.5pt;">2018</font><font style="font-family:Arial;font-size:8.5pt;">, long-term income taxes payable were </font><font style="font-family:Arial;font-size:8.5pt;">$902 million</font><font style="font-family:Arial;font-size:8.5pt;"> and </font><font style="font-family:Arial;font-size:8.5pt;">$993 million</font><font style="font-family:Arial;font-size:8.5pt;">, respectively, and were included within </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Deferred income taxes and other liabilities</font><font style="font-family:Arial;font-size:8.5pt;"> on the Consolidated Balance Sheets. </font></div><div style="line-height:130%;padding-bottom:0px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">A reconciliation from the U.S. statutory federal income tax rate to the effective income tax rate is as follows:</font></div><div style="line-height:130%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="7" rowspan="1"></td></tr><tr><td style="width:70%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#160;</font></div></td><td colspan="6" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">YEAR ENDED MAY&#160;31,</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2019</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2018</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2017</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Federal income tax rate</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">21.0</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#160;%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">29.2</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#160;%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">35.0</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#160;%</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">State taxes, net of federal benefit</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1.2</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#160;%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1.2</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#160;%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1.1</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#160;%</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Foreign earnings</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">-2.1</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#160;%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">-17.5</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#160;%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">-20.7</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#160;%</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Transition tax related to the Tax Act</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#160;%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">43.3</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#160;%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#8212;</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#160;%</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Remeasurement of deferred tax assets and liabilities related to the Tax Act</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#160;%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">3.7</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#160;%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#8212;</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#160;%</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Excess tax benefits from share-based compensation</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">-3.6</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#160;%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">-5.3</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#160;%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#8212;</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#160;%</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Resolution of a U.S. tax matter</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#160;%</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#160;%</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">-3.2</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#160;%</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">U.S. Research and Development tax credit</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">-1.1</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#160;%</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">-0.6</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#160;%</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">-0.6</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#160;%</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Other, net</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">0.7</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#160;%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1.3</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#160;%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1.6</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#160;%</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">EFFECTIVE INCOME TAX RATE</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">16.1</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">&#160;%</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">55.3</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">&#160;%</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">13.2</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">&#160;%</font></div></td></tr></table></div><font style="font-family:Arial;font-size:8.5pt;"><br clear="none"/></font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">The effective tax rate for the year ended </font><font style="font-family:Arial;font-size:8.5pt;">May&#160;31, 2019</font><font style="font-family:Arial;font-size:8.5pt;"> was lower than the effective tax rate for the year ended </font><font style="font-family:Arial;font-size:8.5pt;">May&#160;31, 2018</font><font style="font-family:Arial;font-size:8.5pt;"> due to significant changes related to the enactment of the Tax Act in the prior year and reduction in the U.S. federal statutory rate to 21% in the current year. The foreign earnings rate impact shown above for the year ended </font><font style="font-family:Arial;font-size:8.5pt;">May&#160;31, 2019</font><font style="font-family:Arial;font-size:8.5pt;"> includes 1.5% of U.S. tax on foreign earnings driven by the impact of the Tax Act. </font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">The effective tax rate for the year ended May 31, 2018 was higher than the effective tax rate for the year ended May 31, 2017 primarily due to the enactment of the Tax Act, which included provisional expense of </font><font style="font-family:Arial;font-size:8.5pt;">$1,875 million</font><font style="font-family:Arial;font-size:8.5pt;"> for the one-time transition tax on the deemed repatriation of undistributed foreign earnings, and </font><font style="font-family:Arial;font-size:8.5pt;">$158 million</font><font style="font-family:Arial;font-size:8.5pt;"> due to the remeasurement of deferred tax assets and liabilities. The remaining provisions of the Tax Act, which were a net benefit to the effective tax rate, did not have a material impact on the Company's Consolidated Financial Statements during fiscal 2018. Additionally, the increase in the effective tax rate was partially offset by the tax benefit from&#160;share-based compensation in the current period as a result of the adoption of ASU 2016-09 in the first quarter of fiscal 2018. During the year ended May 31, 2017, income tax benefit of </font><font style="font-family:Arial;font-size:8.5pt;">$177 million</font><font style="font-family:Arial;font-size:8.5pt;"> attributable to employee share-based compensation were allocated to </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Total shareholders' equity</font><font style="font-family:Arial;font-size:8.5pt;">. As a result of the adoption of ASU 2016-09, beginning in fiscal 2018, income tax benefits from share-based compensation are reported in the Consolidated Statements of Income. </font></div><div style="line-height:130%;padding-bottom:0px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Deferred tax assets and liabilities comprise the following:&#160;</font></div><div style="line-height:130%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="7" rowspan="1"></td></tr><tr><td style="width:80%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="6" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">AS OF MAY 31,</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial Narrow;font-size:8.5pt;color:#000000;font-style:italic;">(Dollars in millions)</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2019</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2018</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Deferred tax assets:</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Inventories</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">66</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">73</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Sales return reserves</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">128</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">104</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Deferred compensation</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">271</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">250</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Stock-based compensation</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">156</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">135</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Reserves and accrued liabilities</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">101</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">102</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Net operating loss carry-forwards</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">81</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">88</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Other</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">125</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">106</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Total deferred tax assets</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">928</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">858</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Valuation allowance</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(88</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(95</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Total deferred tax assets after valuation allowance</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">840</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">763</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Deferred tax liabilities:</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Foreign withholding tax on undistributed earnings of foreign subsidiaries</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(235</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(155</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Property, plant and equipment</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(188</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(167</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Intangibles</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(23</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(77</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Other</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(18</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(26</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Total deferred tax liabilities</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(464</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(425</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">NET DEFERRED TAX ASSET</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">376</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">338</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:Arial;font-size:8.5pt;"><br clear="none"/></font></div><div style="line-height:130%;padding-bottom:0px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">The following is a reconciliation of the changes in the gross balance of unrecognized tax benefits:</font></div><div style="line-height:130%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="10" rowspan="1"></td></tr><tr><td style="width:70%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#160;</font></div></td><td colspan="9" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">AS OF MAY 31,</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial Narrow;font-size:8.5pt;color:#000000;font-style:italic;">(Dollars in millions)</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2019</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2018</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2017</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Unrecognized tax benefits, beginning of the period</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">698</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">461</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">506</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Gross increases related to prior period tax positions</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">85</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">19</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">31</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Gross decreases related to prior period tax positions</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(32</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(12</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(163</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Gross increases related to current period tax positions</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">81</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">249</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">115</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Settlements</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(12</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Lapse of statute of limitations</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(35</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(20</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(21</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Changes due to currency translation</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">11</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">5</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">UNRECOGNIZED TAX BENEFITS, END OF THE PERIOD</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">808</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">698</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">461</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:Arial;font-size:8.5pt;"><br clear="none"/></font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">As of </font><font style="font-family:Arial;font-size:8.5pt;">May&#160;31, 2019</font><font style="font-family:Arial;font-size:8.5pt;">, total gross unrecognized tax benefits, excluding related interest and penalties, were </font><font style="font-family:Arial;font-size:8.5pt;">$808 million</font><font style="font-family:Arial;font-size:8.5pt;">, </font><font style="font-family:Arial;font-size:8.5pt;">$582 million</font><font style="font-family:Arial;font-size:8.5pt;"> of which would affect the Company's effective tax rate if recognized in future periods. The majority of the total gross unrecognized tax benefits are long-term in nature and included within </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Deferred income taxes and other liabilities</font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;"> </font><font style="font-family:Arial;font-size:8.5pt;">on the Consolidated Balance Sheets.</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">The Company recognizes interest and penalties related to income tax matters in income tax expense. The liability for payment of interest and penalties increased by </font><font style="font-family:Arial;font-size:8.5pt;">$17 million</font><font style="font-family:Arial;font-size:8.5pt;"> during the year ended </font><font style="font-family:Arial;font-size:8.5pt;">May&#160;31, 2019</font><font style="font-family:Arial;font-size:8.5pt;">, decreased by </font><font style="font-family:Arial;font-size:8.5pt;">$14 million</font><font style="font-family:Arial;font-size:8.5pt;"> during the year ended </font><font style="font-family:Arial;font-size:8.5pt;">May&#160;31, 2018</font><font style="font-family:Arial;font-size:8.5pt;"> and decreased by </font><font style="font-family:Arial;font-size:8.5pt;">$38 million</font><font style="font-family:Arial;font-size:8.5pt;"> during the year ended </font><font style="font-family:Arial;font-size:8.5pt;">May&#160;31, 2017</font><font style="font-family:Arial;font-size:8.5pt;">. As of </font><font style="font-family:Arial;font-size:8.5pt;">May&#160;31, 2019</font><font style="font-family:Arial;font-size:8.5pt;"> and </font><font style="font-family:Arial;font-size:8.5pt;">2018</font><font style="font-family:Arial;font-size:8.5pt;">, accrued interest and penalties related to uncertain tax positions were </font><font style="font-family:Arial;font-size:8.5pt;">$174 million</font><font style="font-family:Arial;font-size:8.5pt;"> and </font><font style="font-family:Arial;font-size:8.5pt;">$157 million</font><font style="font-family:Arial;font-size:8.5pt;">, respectively (excluding federal benefit).</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">The Company is subject to taxation in the United States, as well as various state and foreign jurisdictions. The Company has closed all U.S. federal income tax matters through fiscal </font><font style="font-family:Arial;font-size:8.5pt;">2016</font><font style="font-family:Arial;font-size:8.5pt;">, with the exception of certain transfer pricing adjustments. The Company's major foreign jurisdictions, China and the Netherlands, have concluded substantially all income tax matters through calendar 2008 and fiscal 2012, respectively. Although the timing of resolution of audits is not certain, the Company evaluates all domestic and foreign audit issues in the aggregate, along with the expiration of applicable statutes of limitations, and estimates that it is reasonably possible the total gross unrecognized tax benefits could decrease by up to </font><font style="font-family:Arial;font-size:8.5pt;">$210 million</font><font style="font-family:Arial;font-size:8.5pt;"> within the next 12 months. In January 2019, the European Commission opened a formal investigation to examine whether the Netherlands has breached State Aid rules when granting certain tax rulings to the Company. The Company believes the investigation is without merit. If this matter is adversely resolved, the Netherlands may be required to assess additional amounts with respect to current and prior periods, and the company's Netherlands income taxes in the future could increase. </font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">The Company historically provided for U.S. income taxes on the undistributed earnings of foreign subsidiaries unless they were considered indefinitely reinvested outside the United States. As a result of the enactment of the Tax Act, in fiscal 2018 the Company reevaluated its historic indefinite reinvestment assertion and determined that any historical or future undistributed earnings of foreign subsidiaries are no longer considered to be indefinitely reinvested.</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">A portion of the Company's foreign operations benefit from a tax holiday, which is set to expire in </font><font style="font-family:Arial;font-size:8.5pt;">2021</font><font style="font-family:Arial;font-size:8.5pt;">. This tax holiday may be extended when certain conditions are met or may be terminated early if certain conditions are not met. The tax benefit attributable to this tax holiday was </font><font style="font-family:Arial;font-size:8.5pt;">$167 million</font><font style="font-family:Arial;font-size:8.5pt;">, </font><font style="font-family:Arial;font-size:8.5pt;">$126 million</font><font style="font-family:Arial;font-size:8.5pt;"> and </font><font style="font-family:Arial;font-size:8.5pt;">$187 million</font><font style="font-family:Arial;font-size:8.5pt;"> for the fiscal years ended </font><font style="font-family:Arial;font-size:8.5pt;">May&#160;31, 2019</font><font style="font-family:Arial;font-size:8.5pt;">, </font><font style="font-family:Arial;font-size:8.5pt;">2018</font><font style="font-family:Arial;font-size:8.5pt;"> and </font><font style="font-family:Arial;font-size:8.5pt;">2017</font><font style="font-family:Arial;font-size:8.5pt;">, respectively. The benefit of the tax holiday on diluted earnings per common share was </font><font style="font-family:Arial;font-size:8.5pt;">$0.10</font><font style="font-family:Arial;font-size:8.5pt;">, </font><font style="font-family:Arial;font-size:8.5pt;">$0.08</font><font style="font-family:Arial;font-size:8.5pt;"> and </font><font style="font-family:Arial;font-size:8.5pt;">$0.11</font><font style="font-family:Arial;font-size:8.5pt;"> for the fiscal years ended </font><font style="font-family:Arial;font-size:8.5pt;">May&#160;31, 2019</font><font style="font-family:Arial;font-size:8.5pt;">, </font><font style="font-family:Arial;font-size:8.5pt;">2018</font><font style="font-family:Arial;font-size:8.5pt;"> and </font><font style="font-family:Arial;font-size:8.5pt;">2017</font><font style="font-family:Arial;font-size:8.5pt;">, respectively.</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Deferred tax assets at </font><font style="font-family:Arial;font-size:8.5pt;">May&#160;31, 2019</font><font style="font-family:Arial;font-size:8.5pt;"> and </font><font style="font-family:Arial;font-size:8.5pt;">2018</font><font style="font-family:Arial;font-size:8.5pt;"> were reduced by a valuation allowance primarily relating to tax benefits of certain entities with operating losses. There was a </font><font style="font-family:Arial;font-size:8.5pt;">$7 million</font><font style="font-family:Arial;font-size:8.5pt;"> net decrease in the valuation allowance&#160;for the year ended </font><font style="font-family:Arial;font-size:8.5pt;">May&#160;31, 2019</font><font style="font-family:Arial;font-size:8.5pt;">, compared to a </font><font style="font-family:Arial;font-size:8.5pt;">$13 million</font><font style="font-family:Arial;font-size:8.5pt;"> net increase for the year ended </font><font style="font-family:Arial;font-size:8.5pt;">May&#160;31, 2018</font><font style="font-family:Arial;font-size:8.5pt;">, and </font><font style="font-family:Arial;font-size:8.5pt;">$30 million</font><font style="font-family:Arial;font-size:8.5pt;"> net increase for the year ended </font><font style="font-family:Arial;font-size:8.5pt;">May&#160;31, 2017</font><font style="font-family:Arial;font-size:8.5pt;">. </font></div><div style="line-height:130%;padding-bottom:0px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">The Company has available domestic and foreign loss carry-forwards of </font><font style="font-family:Arial;font-size:8.5pt;">$257 million</font><font style="font-family:Arial;font-size:8.5pt;"> at </font><font style="font-family:Arial;font-size:8.5pt;">May&#160;31, 2019</font><font style="font-family:Arial;font-size:8.5pt;">. If not utilized, such losses will expire as follows:</font></div><div style="line-height:130%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:99.58847736625515%;border-collapse:collapse;text-align:left;"><tr><td colspan="22" rowspan="1"></td></tr><tr><td style="width:30%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#160;</font></div></td><td colspan="21" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">YEAR ENDING MAY 31,</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial Narrow;font-size:8.5pt;color:#000000;font-style:italic;">(Dollars in millions)</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2020</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2021</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2022</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2023</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2024-2039</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">INDEFINITE</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">TOTAL</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Net&#160;operating&#160;losses</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">5</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">2</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">26</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">34</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">189</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">257</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:100%;padding-bottom:8px;padding-top:16px;text-align:left;padding-left:0px;text-indent:0px;font-size:14pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:14pt;color:#000000;font-weight:bold;">INCOME TAXES</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">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. </font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">The Company recognizes a tax benefit from uncertain tax positions in the financial statements only when it is more likely than not the position will be sustained upon examination by relevant tax authorities. The Company recognizes interest and penalties related to income tax matters in </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Income tax expense</font><font style="font-family:Arial;font-size:8.5pt;">.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:100%;padding-bottom:8px;padding-top:16px;text-align:left;padding-left:0px;text-indent:0px;font-size:14pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:14pt;color:#000000;font-weight:bold;">SOFTWARE DEVELOPMENT COSTS</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Internal Use Software</font><font style="font-family:Arial;font-size:8.5pt;">: Expenditures for major software purchases and software developed for internal use are capitalized and amortized over a </font><font style="font-family:Arial;font-size:8.5pt;">2</font><font style="font-family:Arial;font-size:8.5pt;"> to </font><font style="font-family:Arial;font-size:8.5pt;">12</font><font style="font-family:Arial;font-size:8.5pt;">-year period on a straight-line basis. The Company's policy provides for the capitalization of external direct costs 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.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:130%;padding-bottom:8px;padding-top:8px;font-size:18pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="1" rowspan="1"></td></tr><tr><td style="width:100%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:18pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:18pt;color:#e87722;font-style:normal;font-weight:bold;text-decoration:none;">NOTE&#160;2 &#8212; INVENTORIES</font></div></td></tr></table></div></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Inventory balances of </font><font style="font-family:Arial;font-size:8.5pt;">$5,622 million</font><font style="font-family:Arial;font-size:8.5pt;"> and </font><font style="font-family:Arial;font-size:8.5pt;">$5,261 million</font><font style="font-family:Arial;font-size:8.5pt;"> at </font><font style="font-family:Arial;font-size:8.5pt;">May&#160;31, 2019</font><font style="font-family:Arial;font-size:8.5pt;"> and </font><font style="font-family:Arial;font-size:8.5pt;">2018</font><font style="font-family:Arial;font-size:8.5pt;">, respectively, were substantially all finished goods.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:100%;padding-bottom:8px;padding-top:16px;text-align:left;padding-left:0px;text-indent:0px;font-size:14pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:14pt;color:#000000;font-weight:bold;">INVENTORY VALUATION</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Inventories</font><font style="font-family:Arial;font-size:8.5pt;"> are stated at lower of cost and net realizable value, and valued on either an average or a specific identification cost basis. In some instances, we ship product directly from our supplier to the customer, with the related inventory and cost of sales 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.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:100%;padding-bottom:8px;padding-top:16px;text-align:left;padding-left:0px;text-indent:0px;font-size:14pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:14pt;color:#000000;font-weight:bold;">OPERATING LEASES</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">The Company leases retail store space, certain distribution and warehouse facilities, office space, equipment and other non-real estate assets under operating leases. Operating lease agreements may contain rent escalation clauses, renewal options, 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 lease 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 rent, which is generally 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 specified levels during the period is probable.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:130%;padding-bottom:8px;padding-top:8px;font-size:10pt;"><font style="font-family:Arial;font-size:8.5pt;">The Company's largest concentrations of long-lived assets primarily consist of the Company's world headquarters and distribution facilities in the United States, as well as distribution facilities in Belgium and China. Long-lived assets attributable to operations in these countries, which are primarily composed of property, plant&#160;and equipment, net, were as follows: </font><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="7" rowspan="1"></td></tr><tr><td style="width:80%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="6" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">AS OF MAY 31,</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial Narrow;font-size:8.5pt;color:#000000;font-style:italic;">(Dollars in millions)</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2019</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2018</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">United States</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">3,174</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">2,930</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Belgium</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">618</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">534</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">China</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">242</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">262</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:130%;padding-bottom:8px;padding-top:8px;font-size:18pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="1" rowspan="1"></td></tr><tr><td style="width:100%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:18pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:18pt;color:#e87722;font-style:normal;font-weight:bold;text-decoration:none;">NOTE&#160;8 &#8212; LONG-TERM DEBT</font></div></td></tr></table></div></div><div style="line-height:130%;padding-bottom:0px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Long-term debt</font><font style="font-family:Arial;font-size:8.5pt;">, net of unamortized premiums, discounts and debt issuance costs, comprises the following:&#160;</font></div><div style="line-height:130%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="13" rowspan="1"></td></tr><tr><td style="width:50%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:7%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:14%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:7%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:7%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="6" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">BOOK VALUE OUTSTANDING <br clear="none"/>AS OF MAY&#160;31,</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial Narrow;font-size:8.5pt;color:#000000;font-style:italic;">Scheduled Maturity (Dollars and Yen in millions)</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">ORIGINAL PRINCIPAL</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">INTEREST RATE</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">INTEREST PAYMENTS</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2019</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2018</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Corporate Bond Payables:</font><font style="font-family:Arial;font-size:7.5pt;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(1)(2)</sup></font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">May 1, 2023</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">500</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">2.25</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Semi-Annually</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">498</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">498</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">November 1, 2026</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1,000</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">2.38</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Semi-Annually</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">994</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">994</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">May 1, 2043</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">500</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">3.63</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Semi-Annually</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">495</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">495</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">November 1, 2045</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1,000</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">3.88</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Semi-Annually</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">983</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">982</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">November 1, 2046</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">500</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">3.38</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Semi-Annually</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">491</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">490</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Japanese Yen Notes:</font><font style="font-family:Arial;font-size:7.5pt;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(3)</sup></font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;text-indent:6px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">August&#160;20,&#160;2001&#160;through&#160;November&#160;20,&#160;2020</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#165;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">9,000</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">2.60</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">%</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Quarterly</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">6</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">10</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;text-indent:6px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">August&#160;20,&#160;2001&#160;through&#160;November&#160;20,&#160;2020</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">4,000</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">2.00</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Quarterly</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">3</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">5</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Total</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">3,470</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">3,474</font></div></td><td style="vertical-align:bottom;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Less current maturities</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">6</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">6</font></div></td><td style="vertical-align:bottom;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">TOTAL LONG-TERM DEBT</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">3,464</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">3,468</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div><table cellpadding="0" cellspacing="0" style="padding-top:4px;padding-bottom:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:7pt;padding-left:0px;"><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">(1)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:7pt;"><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">These senior unsecured obligations rank equally with the Company's other unsecured and unsubordinated indebtedness.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:4px;padding-bottom:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:7pt;padding-left:0px;"><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">(2)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:7pt;"><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">The bonds are redeemable at the Company's option up to three months prior to the scheduled maturity date for the bonds maturing in 2023 and 2026, and up to six months prior to the scheduled maturity date for the bonds maturing in 2043, 2045 and 2046, at a price equal to the greater of (i) </font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">100%</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;"> of the aggregate principal amount of the notes to be redeemed or (ii) the sum of the present values of the remaining scheduled payments, plus in each case, accrued and unpaid interest. Within three and six months to scheduled maturity, respectively, the bonds also feature a par call provision, which allows for the bonds to be redeemed at a price equal to </font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">100%</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;"> of the aggregate principal amount of the notes being redeemed, plus accrued and unpaid interest.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:4px;padding-bottom:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:7pt;padding-left:0px;"><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">(3)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:7pt;"><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">NIKE Logistics YK assumed a total of </font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">&#165;13.0 billion</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;"> 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&#160;20, 2001 through November&#160;20, 2020.</font></div></td></tr></table><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">The scheduled maturity of </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Long-term debt </font><font style="font-family:Arial;font-size:8.5pt;">in each of the years ending May&#160;31, </font><font style="font-family:Arial;font-size:8.5pt;">2020</font><font style="font-family:Arial;font-size:8.5pt;"> through </font><font style="font-family:Arial;font-size:8.5pt;">2024</font><font style="font-family:Arial;font-size:8.5pt;"> are </font><font style="font-family:Arial;font-size:8.5pt;">$6 million</font><font style="font-family:Arial;font-size:8.5pt;">, </font><font style="font-family:Arial;font-size:8.5pt;">$3 million</font><font style="font-family:Arial;font-size:8.5pt;">, </font><font style="font-family:Arial;font-size:8.5pt;">$0 million</font><font style="font-family:Arial;font-size:8.5pt;">, </font><font style="font-family:Arial;font-size:8.5pt;">$500 million</font><font style="font-family:Arial;font-size:8.5pt;"> and </font><font style="font-family:Arial;font-size:8.5pt;">$0 million</font><font style="font-family:Arial;font-size:8.5pt;">, respectively, at face value.</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">The Company's long-term debt is recorded at adjusted cost, net of unamortized premiums, discounts and debt issuance costs. The fair value of long-term debt is estimated based upon quoted prices for similar instruments or quoted prices for identical instruments in inactive markets (Level 2). The fair value of the Company's long-term debt, including the current portion, was approximately </font><font style="font-family:Arial;font-size:8.5pt;">$3,524 million</font><font style="font-family:Arial;font-size:8.5pt;"> at </font><font style="font-family:Arial;font-size:8.5pt;">May&#160;31, 2019</font><font style="font-family:Arial;font-size:8.5pt;"> and </font><font style="font-family:Arial;font-size:8.5pt;">$3,294 million</font><font style="font-family:Arial;font-size:8.5pt;"> at </font><font style="font-family:Arial;font-size:8.5pt;">May&#160;31, 2018</font><font style="font-family:Arial;font-size:8.5pt;">.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:100%;padding-bottom:8px;padding-top:16px;text-align:left;padding-left:0px;text-indent:0px;font-size:14pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:14pt;color:#000000;font-weight:bold;">SHORT-TERM INVESTMENTS</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Short-term investments </font><font style="font-family:Arial;font-size:8.5pt;">consist of highly liquid investments, including commercial paper, U.S. Treasury, U.S. Agency, time deposits and corporate debt securities, with maturities over 90 days at the date of purchase. Debt securities the Company has the ability and positive intent to hold to maturity are carried at amortized cost. At </font><font style="font-family:Arial;font-size:8.5pt;">May&#160;31, 2019</font><font style="font-family:Arial;font-size:8.5pt;"> and </font><font style="font-family:Arial;font-size:8.5pt;">2018</font><font style="font-family:Arial;font-size:8.5pt;">, the Company did not hold any short-term investments classified as trading or held-to-maturity.</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">At </font><font style="font-family:Arial;font-size:8.5pt;">May&#160;31, 2019</font><font style="font-family:Arial;font-size:8.5pt;"> and </font><font style="font-family:Arial;font-size:8.5pt;">2018</font><font style="font-family:Arial;font-size:8.5pt;">, </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Short-term investments</font><font style="font-family:Arial;font-size:8.5pt;"> consisted of available-for-sale debt securities, which are recorded at fair value with unrealized gains and losses reported, net of tax, in </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Accumulated other comprehensive income (loss)</font><font style="font-family:Arial;font-size:8.5pt;">, 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 debt 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 </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Short-term investments</font><font style="font-family:Arial;font-size:8.5pt;"> on the Consolidated Balance Sheets.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:100%;padding-bottom:8px;padding-top:16px;text-align:left;padding-left:0px;text-indent:0px;font-size:14pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:14pt;color:#000000;font-weight:bold;">RECENTLY ADOPTED ACCOUNTING STANDARDS</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">In May 2014, the Financial Accounting Standards Board (FASB) issued Topic 606, which replaces existing revenue recognition guidance. The new standard requires companies to recognize revenue in a way that depicts the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. In addition, Topic 606 requires disclosures of the nature, amount, timing and uncertainty of revenue and cash flows arising from contracts with customers. The Company adopted this standard using a modified retrospective approach in the first quarter of fiscal 2019 with the cumulative effect of initially applying the standard recognized in </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Retained earnings</font><font style="font-family:Arial;font-size:8.5pt;"> at June 1, 2018. Comparative prior period information has not been adjusted and continues to be reported in accordance with previous revenue recognition guidance in Topic 605. The Company has applied the new standard to all contracts at adoption.</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">The Company's adoption of Topic 606 resulted in a change to the timing of revenue recognition. The satisfaction of the Company's performance obligation is based upon transfer of control over a product to a customer, which results in sales being recognized upon shipment rather than upon delivery for certain wholesale transactions and substantially all digital commerce sales. A customer is considered to have control once they are able to direct the use and receive substantially all of the benefits of the product. This resulted in a cumulative effect adjustment, which increased </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Retained earnings</font><font style="font-family:Arial;font-size:8.5pt;"> by </font><font style="font-family:Arial;font-size:8.5pt;">$23 million</font><font style="font-family:Arial;font-size:8.5pt;"> at June 1, 2018. The adoption of Topic 606 did not have a material effect on the Consolidated Statements of Income for fiscal 2019.</font></div><div style="line-height:130%;padding-bottom:0px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Additionally, the Company's reserve balances for returns, post-invoice sales discounts and miscellaneous claims for wholesale transactions were previously reported net of the estimated cost of inventory for product returns, and as a reduction to </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Accounts receivable, net</font><font style="font-family:Arial;font-size:8.5pt;"> on the Consolidated Balance Sheets. Under Topic 606, an asset for the estimated cost of inventory for expected products returns is now recognized separately from the liability for sales-related reserves. This resulted in an increase to </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Accounts receivable, net</font><font style="font-family:Arial;font-size:8.5pt;">, an increase in </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Prepaid expenses and other current assets</font><font style="font-family:Arial;font-size:8.5pt;"> and an increase in </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Accrued liabilities</font><font style="font-family:Arial;font-size:8.5pt;"> on the Consolidated Balance Sheets at </font><font style="font-family:Arial;font-size:8.5pt;">May&#160;31, 2019</font><font style="font-family:Arial;font-size:8.5pt;">. Sales-related reserves for the Company's direct to consumer operations continue to be recognized in </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Accrued liabilities</font><font style="font-family:Arial;font-size:8.5pt;">, but are now recorded separately from an asset for the estimated cost of inventory for expected product returns, which is recognized in </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Prepaid expenses and other current assets</font><font style="font-family:Arial;font-size:8.5pt;">. The following table presents the related effect of the adoption of Topic 606 on the Consolidated Balance Sheets at </font><font style="font-family:Arial;font-size:8.5pt;">May&#160;31, 2019</font><font style="font-family:Arial;font-size:8.5pt;">:</font></div><div style="line-height:130%;padding-bottom:0px;padding-top:0px;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="10" rowspan="1"></td></tr><tr><td style="width:52%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:14%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:14%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:14%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="9" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">AS OF MAY&#160;31, 2019</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial Narrow;font-size:8.5pt;color:#000000;font-style:italic;">(Dollars in millions)</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">AS REPORTED</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">EFFECT OF ADOPTION</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">BALANCES WITHOUT ADOPTION OF <br clear="none"/>TOPIC 606</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Accounts receivable, net</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">4,272</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">782</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">3,490</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Prepaid expenses and other current assets</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1,968</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">410</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1,558</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Total current assets</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">16,525</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1,192</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">15,333</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">TOTAL ASSETS</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">23,717</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">1,192</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">22,525</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Accrued liabilities</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">5,010</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1,192</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">3,818</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Total current liabilities</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">7,866</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1,192</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">6,674</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">23,717</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">1,192</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">22,525</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:Arial;font-size:8.5pt;"><br clear="none"/></font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Other impacts from the adoption of Topic 606 on the Consolidated Financial Statements were immaterial. Refer to </font><font style="font-family:Arial;font-size:8.5pt;">Note&#160;16 &#8212; Revenues</font><font style="font-family:Arial;font-size:8.5pt;"> for further discussion. </font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">In February 2018, the FASB issued ASU No. 2018-02,&#160;</font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Income Statement&#160;&#8212;&#160;Reporting Comprehensive Income (Topic 220): Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income (Loss)</font><font style="font-family:Arial;font-size:8.5pt;">. The standard allows for reclassification of stranded tax effects on items resulting from the Tax Cuts and Jobs Act (the &#8220;Tax Act&#8221;) from&#160;</font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Accumulated other comprehensive income (loss)</font><font style="font-family:Arial;font-size:8.5pt;">&#160;to&#160;</font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Retained earnings</font><font style="font-family:Arial;font-size:8.5pt;">. Tax effects unrelated to the Tax Act are released from&#160;</font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Accumulated other comprehensive income (loss)</font><font style="font-family:Arial;font-size:8.5pt;">&#160;using either the specific identification approach or the portfolio approach based on the nature of the underlying item. The Company early adopted the ASU in the third quarter of fiscal 2018. As a result of the adoption,&#160;Retained earnings&#160;decreased by&#160;</font><font style="font-family:Arial;font-size:8.5pt;">$17 million</font><font style="font-family:Arial;font-size:8.5pt;">, with a corresponding increase to&#160;</font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Accumulated other comprehensive income (loss)</font><font style="font-family:Arial;font-size:8.5pt;">&#160;due to the reduction in the corporate tax rate from 35% to 21%. Refer to&#160;</font><font style="font-family:Arial;font-size:8.5pt;">Note&#160;9 &#8212; Income Taxes</font><font style="font-family:Arial;font-size:8.5pt;">&#160;for additional information on the impact of the Tax Act.</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">In March 2016, the FASB issued ASU No. 2016-09,&#160;</font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Compensation&#160;&#8212;&#160;Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting</font><font style="font-family:Arial;font-size:8.5pt;">, which changes how companies account for certain aspects of share-based payment awards to employees. The Company adopted the ASU in the first quarter of fiscal 2018. The updated guidance requires excess tax benefits and deficiencies from share-based payment awards to be recorded in income tax expense in the income statement. Previously, excess tax benefits and deficiencies were recognized in shareholders' equity on the balance sheet. This change is required to be applied prospectively. During fiscal 2019 and fiscal 2018, the Company recognized </font><font style="font-family:Arial;font-size:8.5pt;">$175 million</font><font style="font-family:Arial;font-size:8.5pt;">&#160;and </font><font style="font-family:Arial;font-size:8.5pt;">$230 million</font><font style="font-family:Arial;font-size:8.5pt;">, respectively, of excess tax benefits related to share-based payment awards in&#160;</font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Income tax expense</font><font style="font-family:Arial;font-size:8.5pt;">&#160;in the Consolidated Statements of Income.</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">In October 2016, the FASB issued ASU No. 2016-16, </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Income Taxes (Topic 740): Intra-Entity Transfers of Assets Other Than Inventory</font><font style="font-family:Arial;font-size:8.5pt;">. The updated guidance requires companies to recognize the income tax consequences of an intra-entity transfer of an asset other than inventory when the transfer occurs. Income tax effects of intra-entity transfers of inventory will continue to be deferred until the inventory has been sold to a third party. The Company adopted the standard on June 1, 2018, using a modified retrospective approach, with the cumulative effect of applying the new standard recognized in </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Retained earnings</font><font style="font-family:Arial;font-size:8.5pt;"> at the date of adoption. The adoption resulted in reductions to </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Retained earnings, Deferred income taxes and other assets</font><font style="font-family:Arial;font-size:8.5pt;">, and </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Prepaid expenses and other current assets</font><font style="font-family:Arial;font-size:8.5pt;"> of </font><font style="font-family:Arial;font-size:8.5pt;">$507 million</font><font style="font-family:Arial;font-size:8.5pt;">, </font><font style="font-family:Arial;font-size:8.5pt;">$422 million</font><font style="font-family:Arial;font-size:8.5pt;"> and </font><font style="font-family:Arial;font-size:8.5pt;">$45 million</font><font style="font-family:Arial;font-size:8.5pt;">, respectively, and an increase in </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Deferred income taxes and other liabilities</font><font style="font-family:Arial;font-size:8.5pt;"> of </font><font style="font-family:Arial;font-size:8.5pt;">$40 million</font><font style="font-family:Arial;font-size:8.5pt;"> on the Consolidated Balance Sheets.</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">In August 2017, the FASB issued ASU No. 2017-12,&#160;</font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Derivatives and Hedging (Topic 815): Targeted Improvements to Accounting for Hedging Activities</font><font style="font-family:Arial;font-size:8.5pt;">, which expands and refines hedge accounting for both financial and non-financial risk components, aligns the recognition and presentation of the effects of hedging instruments and hedge items in the financial statements, and includes certain targeted improvements to ease the application of current guidance related to the assessment of hedge effectiveness.&#160;The Company elected to early adopt the ASU in the first quarter of fiscal 2019 and the adoption of the new guidance did not have a material impact on the Consolidated Financial Statements.</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">In January 2017, the FASB issued ASU 2017-04, </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Simplifying the Test for Goodwill Impairment, </font><font style="font-family:Arial;font-size:8.5pt;">which simplified the accounting for goodwill impairment by eliminating the requirement to calculate the implied fair value of goodwill in measuring an impairment charge, previously Step 2 of the goodwill impairment test. Under the new standard, an impairment charge is recorded based on the excess of a reporting unit's carrying amount over its fair value, previously Step 1 of the goodwill impairment test. The guidance still allows companies to perform the optional qualitative assessment before determining whether to proceed to Step 1. The Company adopted the ASU in the first quarter of fiscal 2019 and the adoption of this standard did not have a material impact on the Consolidated Financial Statements.</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">In January 2016, the FASB issued ASU No. 2016-01,&#160;</font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Financial Instruments &#8212; Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities</font><font style="font-family:Arial;font-size:8.5pt;">. The updated guidance enhances the reporting model for financial instruments, which includes amendments to address aspects of recognition, measurement, presentation and disclosure.&#160;The Company adopted the ASU in the first quarter of fiscal 2019 and the adoption of the new guidance did not have a material impact on the Consolidated Financial Statements.</font></div><div style="line-height:100%;padding-bottom:8px;padding-top:16px;text-align:left;padding-left:0px;text-indent:0px;font-size:14pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:14pt;color:#000000;font-weight:bold;">RECENTLY ISSUED ACCOUNTING STANDARDS</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">In February 2016, the FASB issued ASU No. 2016-02, </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Leases (Topic 842)</font><font style="font-family:Arial;font-size:8.5pt;">, which replaces existing lease accounting guidance. The new standard is intended to provide enhanced transparency and comparability by requiring lessees to record right-of-use (ROU) assets and corresponding lease liabilities on the balance sheet. ROU assets represent the Company's right to use an underlying asset for the lease term and lease liabilities represent the Company's obligation to make lease payments arising from the lease. The new guidance will require the Company to continue to classify leases as either an operating or finance lease, with classification affecting the pattern of expense recognition in the income statement. In addition, the new standard requires enhanced disclosure surrounding the amount, timing and uncertainty of cash flows arising from leasing agreements. In July 2018, the FASB issued ASU No. 2018-11, which provides entities with an additional transition method to adopt Topic 842. Under the new transition method, an entity initially applies the new standard at the adoption date, versus at the beginning of the earliest period presented, and recognizes a cumulative-effect adjustment to the opening balance of retained earnings in the period of adoption. The Company will elect this transition method at the adoption date of June 1, 2019. </font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Upon adoption, the Company will elect the package of transition practical expedients which would allow the Company to carry forward prior conclusions related to: (i) whether any expired or existing contracts are or contain leases, (ii) the lease classification for any expired or existing leases and (iii) initial direct costs for existing leases. Additionally, the Company will elect the practical expedient to not separate lease components from nonlease components for all real estate leases within the portfolio. The Company will make an accounting policy election to keep leases with an initial term of 12 months or less off the Consolidated Balance Sheets and will recognize related lease payments in the Consolidated Statements of Income on a straight-line basis over the lease term.</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">In preparation for implementation, the Company has been executing changes to business processes, including implementing a software solution to assist with the new reporting requirements. Upon adoption, the Company's total assets and total liabilities will increase by approximately </font><font style="font-family:Arial;font-size:8.5pt;">$2.8 billion</font><font style="font-family:Arial;font-size:8.5pt;">. The Company does not believe the standard will have a material impact on the Consolidated Statements of Income or Consolidated Statements of Cash Flows. </font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:130%;padding-bottom:8px;padding-top:8px;font-size:18pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="1" rowspan="1"></td></tr><tr><td style="width:100%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="padding-top:18px;text-align:left;font-size:18pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:18pt;color:#e87722;font-style:normal;font-weight:bold;text-decoration:none;">NOTE&#160;10 &#8212; REDEEMABLE PREFERRED STOCK</font></div></td></tr></table></div></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Sojitz America is the sole owner of the Company's authorized redeemable preferred stock, </font><font style="font-family:Arial;font-size:8.5pt;">$1</font><font style="font-family:Arial;font-size:8.5pt;"> par value, which is redeemable at the option of Sojitz America or the Company at par value aggregating </font><font style="font-family:Arial;font-size:8.5pt;">$0.3 million</font><font style="font-family:Arial;font-size:8.5pt;">. A cumulative dividend of </font><font style="font-family:Arial;font-size:8.5pt;">$0.10</font><font style="font-family:Arial;font-size:8.5pt;"> per share is payable annually on May&#160;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 and paid in full. There have been no changes in the redeemable preferred stock in the fiscal years ended </font><font style="font-family:Arial;font-size:8.5pt;">May&#160;31, 2019</font><font style="font-family:Arial;font-size:8.5pt;">, </font><font style="font-family:Arial;font-size:8.5pt;">2018</font><font style="font-family:Arial;font-size:8.5pt;"> and </font><font style="font-family:Arial;font-size:8.5pt;">2017</font><font style="font-family:Arial;font-size:8.5pt;">. 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 sale of all or substantially all of the assets of the Company and its subsidiaries, on merger, consolidation, 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 to Sojitz America and is not blank check preferred stock. The Company's articles of incorporation do not permit the issuance of additional preferred stock.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:130%;padding-bottom:8px;padding-top:8px;font-size:18pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="1" rowspan="1"></td></tr><tr><td style="width:100%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="padding-top:18px;text-align:left;font-size:18pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:18pt;color:#e87722;font-style:normal;font-weight:bold;text-decoration:none;">NOTE&#160;3 &#8212; PROPERTY, PLANT AND EQUIPMENT</font></div></td></tr></table></div></div><div style="line-height:130%;padding-bottom:0px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Property, plant and equipment, net</font><font style="font-family:Arial;font-size:8.5pt;"> included the following:</font></div><div style="line-height:130%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="7" rowspan="1"></td></tr><tr><td style="width:80%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="6" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">AS OF MAY 31,</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial Narrow;font-size:8.5pt;color:#000000;font-style:italic;">(Dollars in millions)</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2019</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2018</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Land and improvements</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">329</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">331</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Buildings</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">2,445</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">2,195</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Machinery, equipment and internal-use software</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">4,335</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">4,230</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Leasehold improvements</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1,563</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1,494</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Construction in process</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">797</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">641</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Total property, plant and equipment, gross</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">9,469</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">8,891</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Less accumulated depreciation</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">4,725</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">4,437</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">TOTAL PROPERTY, PLANT AND EQUIPMENT, NET</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">4,744</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">4,454</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:Arial;font-size:8.5pt;"><br clear="none"/></font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Capitalized interest was not material for the years ended </font><font style="font-family:Arial;font-size:8.5pt;">May&#160;31, 2019</font><font style="font-family:Arial;font-size:8.5pt;">, </font><font style="font-family:Arial;font-size:8.5pt;">2018</font><font style="font-family:Arial;font-size:8.5pt;"> and </font><font style="font-family:Arial;font-size:8.5pt;">2017</font><font style="font-family:Arial;font-size:8.5pt;">.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:100%;padding-bottom:8px;padding-top:16px;text-align:left;padding-left:0px;text-indent:0px;font-size:14pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:14pt;color:#000000;font-weight:bold;">PROPERTY, PLANT AND EQUIPMENT AND DEPRECIATION</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Property, plant and equipment are recorded at cost. Depreciation is determined on a straight-line basis for land improvements, buildings and leasehold improvements over </font><font style="font-family:Arial;font-size:8.5pt;">2</font><font style="font-family:Arial;font-size:8.5pt;"> to </font><font style="font-family:Arial;font-size:8.5pt;">40</font><font style="font-family:Arial;font-size:8.5pt;"> years and for machinery and equipment over </font><font style="font-family:Arial;font-size:8.5pt;">2</font><font style="font-family:Arial;font-size:8.5pt;"> to </font><font style="font-family:Arial;font-size:8.5pt;">15</font><font style="font-family:Arial;font-size:8.5pt;"> years.</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Depreciation and amortization of assets used in manufacturing, warehousing and product distribution are recorded in </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Cost of sales</font><font style="font-family:Arial;font-size:8.5pt;">. Depreciation and amortization of all other assets are recorded in </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Operating overhead expense</font><font style="font-family:Arial;font-size:8.5pt;">.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:130%;padding-bottom:0px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Property, plant and equipment, net</font><font style="font-family:Arial;font-size:8.5pt;"> included the following:</font></div><div style="line-height:130%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="7" rowspan="1"></td></tr><tr><td style="width:80%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="6" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">AS OF MAY 31,</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial Narrow;font-size:8.5pt;color:#000000;font-style:italic;">(Dollars in millions)</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2019</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2018</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Land and improvements</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">329</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">331</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Buildings</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">2,445</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">2,195</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Machinery, equipment and internal-use software</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">4,335</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">4,230</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Leasehold improvements</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1,563</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1,494</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Construction in process</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">797</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">641</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Total property, plant and equipment, gross</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">9,469</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">8,891</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Less accumulated depreciation</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">4,725</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">4,437</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">TOTAL PROPERTY, PLANT AND EQUIPMENT, NET</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">4,744</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">4,454</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:130%;padding-left:4px;padding-bottom:0px;padding-top:12px;text-align:left;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">The following table summarizes the reclassifications from </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Accumulated other comprehensive income (loss)</font><font style="font-family:Arial;font-size:8.5pt;"> to the Consolidated Statements of Income:</font></div><div style="line-height:130%;padding-left:4px;padding-bottom:0px;padding-top:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="8" rowspan="1"></td></tr><tr><td style="width:45%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:27%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="6" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">AMOUNT OF GAIN (LOSS) <br clear="none"/>RECLASSIFIED FROM ACCUMULATED <br clear="none"/>OTHER COMPREHENSIVE INCOME <br clear="none"/>(LOSS) INTO INCOME</font></div></td><td rowspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">LOCATION OF GAIN (LOSS) <br clear="none"/>RECLASSIFIED FROM ACCUMULATED <br clear="none"/>OTHER COMPREHENSIVE INCOME <br clear="none"/>(LOSS) INTO INCOME</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="6" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">YEAR ENDED MAY 31,</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial Narrow;font-size:8.5pt;color:#000000;font-style:italic;">(Dollars in millions)</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2019</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2018</font></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Gains (losses) on cash flow hedges:</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:top;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Foreign exchange forwards and options</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:top;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(5</font></div></td><td style="vertical-align:top;background-color:#fff1e7;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:top;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">34</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Revenues</font></div></td></tr><tr><td style="vertical-align:top;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Foreign exchange forwards and options</font></div></td><td colspan="2" style="vertical-align:top;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">53</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(90</font></div></td><td style="vertical-align:top;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Cost of sales</font></div></td></tr><tr><td style="vertical-align:top;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Foreign exchange forwards and options</font></div></td><td colspan="2" style="vertical-align:top;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Demand creation expense</font></div></td></tr><tr><td style="vertical-align:top;border-bottom:1px solid #808080;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Foreign exchange forwards and options</font></div></td><td colspan="2" style="vertical-align:top;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">35</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:top;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(69</font></div></td><td style="vertical-align:top;border-bottom:1px solid #808080;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:Arial;font-size:8pt;">Other (income) expense, net</font></div></td></tr><tr><td style="vertical-align:top;border-bottom:1px solid #e87722;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Interest rate swaps</font></div></td><td colspan="2" style="vertical-align:top;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(7</font></div></td><td style="vertical-align:top;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td colspan="2" style="vertical-align:top;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(7</font></div></td><td style="vertical-align:top;border-bottom:1px solid #e87722;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td style="vertical-align:top;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Interest expense (income), net</font></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Total before tax</font></div></td><td colspan="2" style="vertical-align:top;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">76</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(131</font></div></td><td style="vertical-align:top;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Tax (expense) benefit</font></div></td><td colspan="2" style="vertical-align:top;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(6</font></div></td><td style="vertical-align:top;background-color:#fff1e7;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td colspan="2" style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">3</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">Gain (loss) net of tax</font></div></td><td colspan="2" style="vertical-align:top;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">70</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">(128</font></div></td><td style="vertical-align:top;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:top;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Gains (losses) on other</font></div></td><td colspan="2" style="vertical-align:top;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">17</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:top;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(32</font></div></td><td style="vertical-align:top;border-bottom:1px solid #e87722;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td style="vertical-align:top;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Other (income) expense, net</font></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Total before tax</font></div></td><td colspan="2" style="vertical-align:top;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">17</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(32</font></div></td><td style="vertical-align:top;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Tax (expense) benefit</font></div></td><td colspan="2" style="vertical-align:top;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">Gain (loss) net of tax</font></div></td><td colspan="2" style="vertical-align:top;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">17</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">(32</font></div></td><td style="vertical-align:top;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:top;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">Total net gain (loss) reclassified for the period</font></div></td><td style="vertical-align:top;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:top;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">87</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:top;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:top;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">(160</font></div></td><td style="vertical-align:top;border-bottom:1px solid #e87722;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">)</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:130%;padding-bottom:8px;padding-top:8px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="7" rowspan="1"></td></tr><tr><td style="width:80%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="6" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">AS OF MAY 31,</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial Narrow;font-size:8.5pt;color:#000000;font-style:italic;">(Dollars in millions)</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2019</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2018</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">ACCOUNTS RECEIVABLE, NET</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">North America</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1,718</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1,443</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Europe, Middle East &amp; Africa</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1,164</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">870</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Greater China</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">245</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">101</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Asia Pacific &amp; Latin America</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">771</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">720</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Global Brand Divisions</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">105</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">102</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Total NIKE Brand</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">4,003</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">3,236</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Converse</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">243</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">240</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Corporate</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">26</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">22</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">TOTAL ACCOUNTS RECEIVABLE, NET</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">4,272</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">3,498</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">INVENTORIES</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">North America</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">2,328</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">2,270</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Europe, Middle East &amp; Africa</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1,390</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1,433</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Greater China</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">693</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">580</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Asia Pacific &amp; Latin America</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">694</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">687</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Global Brand Divisions</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">126</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">91</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Total NIKE Brand</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">5,231</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">5,061</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Converse</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">269</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">268</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Corporate</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">122</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(68</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">TOTAL INVENTORIES</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">5,622</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">5,261</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">PROPERTY, PLANT AND EQUIPMENT, NET</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">North America</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">814</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">848</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Europe, Middle East &amp; Africa</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">929</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">849</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Greater China</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">237</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">256</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Asia Pacific &amp; Latin America</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">326</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">339</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Global Brand Divisions</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">665</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">597</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Total NIKE Brand</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">2,971</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">2,889</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Converse</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">100</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">115</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Corporate</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1,673</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1,450</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">TOTAL PROPERTY, PLANT AND EQUIPMENT, NET</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">4,744</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">4,454</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:130%;padding-bottom:8px;padding-top:8px;font-size:18pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="1" rowspan="1"></td></tr><tr><td style="width:100%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="padding-top:18px;text-align:left;font-size:18pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:18pt;color:#e87722;font-style:normal;font-weight:bold;text-decoration:none;">NOTE&#160;16 &#8212; REVENUES</font></div></td></tr></table></div></div><div style="line-height:100%;padding-bottom:8px;padding-top:16px;text-align:left;padding-left:0px;text-indent:0px;font-size:14pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:14pt;color:#000000;font-weight:bold;">DISAGGREGATION OF REVENUES</font></div><div style="line-height:130%;padding-bottom:0px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">The following tables present the Company's revenues disaggregated by reportable operating segment, major product line and by distribution channel:</font></div><div style="line-height:130%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="28" rowspan="1"></td></tr><tr><td style="width:25%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:6%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:6%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:6%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:6%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:6%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:6%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:7%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:6%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="27" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">YEAR ENDED MAY&#160;31, 2019</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial Narrow;font-size:8.5pt;color:#000000;font-style:italic;">(Dollars in millions)</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">NORTH AMERICA</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">EUROPE, MIDDLE EAST &amp; AFRICA</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">GREATER CHINA</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">ASIA PACIFIC &amp; LATIN AMERICA</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">GLOBAL BRAND DIVISIONS</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">TOTAL NIKE BRAND</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">CONVERSE</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">CORPORATE</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">TOTAL NIKE, INC.</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Revenues by:</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Footwear</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">10,045</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">6,293</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">4,262</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">3,622</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">24,222</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1,658</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">25,880</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Apparel</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">5,260</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">3,087</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1,808</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1,395</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">11,550</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">118</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">11,668</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Equipment</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">597</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">432</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">138</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">237</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1,404</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">24</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1,428</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Other</font><font style="font-family:Arial;font-size:7.5pt;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(1)</sup></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">42</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">42</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">106</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(7</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">141</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">TOTAL REVENUES</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">15,902</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">9,812</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">6,208</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">5,254</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">42</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">37,218</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">1,906</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">(7</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">)</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">39,117</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Revenues by:</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Sales to Wholesale Customers</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">10,875</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">7,076</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">3,726</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">3,746</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">25,423</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1,247</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">26,670</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Sales through Direct to Consumer</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">5,027</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">2,736</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">2,482</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1,508</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">11,753</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">553</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">12,306</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Other</font><font style="font-family:Arial;font-size:7.5pt;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(1)</sup></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">42</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">42</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">106</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(7</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">141</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">TOTAL REVENUES</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">15,902</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">9,812</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">6,208</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">5,254</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">42</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">37,218</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">1,906</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">(7</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">)</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">39,117</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div><table cellpadding="0" cellspacing="0" style="padding-top:4px;padding-bottom:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:18px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:7pt;padding-left:0px;"><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">(1)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:7pt;"><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">Other revenues for Global Brand Divisions and Converse are primarily attributable to licensing businesses. Other revenues for Corporate primarily consist of foreign currency hedge gains and losses related to revenues generated by entities within the NIKE Brand geographic operating segments and Converse but managed through the Company's central foreign exchange risk management program.</font></div></td></tr></table><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">As of May 31, 2019, the Company did not have any contract assets and had an immaterial amount of contract liabilities recorded in </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Accrued Liabilities</font><font style="font-family:Arial;font-size:8.5pt;"> on the Consolidated Balance Sheets.</font></div><div style="line-height:100%;padding-bottom:8px;padding-top:16px;text-align:left;padding-left:0px;text-indent:0px;font-size:14pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:14pt;color:#000000;font-weight:bold;">SALES-RELATED RESERVES</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">At </font><font style="font-family:Arial;font-size:8.5pt;">May&#160;31, 2019</font><font style="font-family:Arial;font-size:8.5pt;">, the Company's sales-related reserve balance, which includes returns, post-invoice sales discounts and miscellaneous claims, was </font><font style="font-family:Arial;font-size:8.5pt;">$1,218 million</font><font style="font-family:Arial;font-size:8.5pt;"> and recorded in </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Accrued liabilities</font><font style="font-family:Arial;font-size:8.5pt;"> on the Consolidated Balance Sheets. The estimated cost of inventory for expected product returns was </font><font style="font-family:Arial;font-size:8.5pt;">$410 million</font><font style="font-family:Arial;font-size:8.5pt;"> as of </font><font style="font-family:Arial;font-size:8.5pt;">May&#160;31, 2019</font><font style="font-family:Arial;font-size:8.5pt;"> and was recorded in </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Prepaid expenses and other current assets</font><font style="font-family:Arial;font-size:8.5pt;"> on the Consolidated Balance Sheets. At </font><font style="font-family:Arial;font-size:8.5pt;">May&#160;31, 2018</font><font style="font-family:Arial;font-size:8.5pt;">, the Company's sales-related reserve balance, which includes returns, post-invoice sales discounts and miscellaneous claims, was </font><font style="font-family:Arial;font-size:8.5pt;">$675 million</font><font style="font-family:Arial;font-size:8.5pt;">, net of the estimated cost of expected product returns, and recognized as a reduction in </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Accounts receivable, net</font><font style="font-family:Arial;font-size:8.5pt;"> on the Consolidated Balance Sheets.</font></div><div style="line-height:100%;padding-bottom:8px;padding-top:16px;text-align:left;padding-left:0px;text-indent:0px;font-size:14pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:14pt;color:#000000;font-weight:bold;">MAJOR CUSTOMERS</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">No</font><font style="font-family:Arial;font-size:8.5pt;"> customer accounted for </font><font style="font-family:Arial;font-size:8.5pt;">10%</font><font style="font-family:Arial;font-size:8.5pt;"> or more of the Company's net revenues during the fiscal years ended </font><font style="font-family:Arial;font-size:8.5pt;">May&#160;31, 2019</font><font style="font-family:Arial;font-size:8.5pt;">, </font><font style="font-family:Arial;font-size:8.5pt;">2018</font><font style="font-family:Arial;font-size:8.5pt;"> and </font><font style="font-family:Arial;font-size:8.5pt;">2017</font><font style="font-family:Arial;font-size:8.5pt;">.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:100%;padding-bottom:8px;padding-top:16px;text-align:left;padding-left:0px;text-indent:0px;font-size:14pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:14pt;color:#000000;font-weight:bold;">REVENUE RECOGNITION</font></div><div style="line-height:130%;padding-bottom:0px;padding-top:0px;text-align:left;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Beginning in fiscal 2019, the Company adopted Accounting Standards Update (ASU) No. 2014-09,&#160;</font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Revenue from Contracts with Customers </font><font style="font-family:Arial;font-size:8.5pt;">(Topic 606)</font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">.</font><font style="font-family:Arial;font-size:8.5pt;"> Prior period amounts have not been restated and continue to be reported in accordance with the Company's historical accounting policies. The Company's revenue recognition polices under Topic 606 are described in the following paragraphs and references to prior period policies under Accounting Standard Codification Topic 605 &#8212; </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Revenue Recognition </font><font style="font-family:Arial;font-size:8.5pt;">(Topic 605)</font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">,</font><font style="font-family:Arial;font-size:8.5pt;"> are included below in the event they are substantially different.</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Revenue transactions associated with the sale of NIKE Brand footwear, apparel and equipment, as well as Converse products, comprise a single performance obligation, which consists of the sale of products to customers either through wholesale or direct to consumer channels. The Company satisfies the performance obligation&#160;and records revenues when transfer of control has passed to the customer, based on the terms of sale. A customer is considered to have control once they are able to direct the use and receive substantially all of the benefits of the product. </font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Transfer of control passes to wholesale customers upon shipment or upon receipt depending on the country of the sale and the agreement with the customer. Control passes to retail store customers at the time of sale and to substantially all digital commerce customers upon shipment. Prior to June 1, 2018, the requirements for recognizing revenue were met upon delivery to the customer. The transaction price is determined based upon the invoiced sales price, less anticipated sales returns, discounts and miscellaneous claims from customers. Payment terms for wholesale transactions depend on the country of sale or agreement with the customer and payment is generally required within 90 days or less of shipment to or receipt by the wholesale customer. Payment is due at the time of sale for retail store and digital commerce transactions.</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Consideration for trademark licensing contracts is earned through sales-based or usage-based royalty arrangements and the associated revenues are recognized over the license period. </font></div><div style="line-height:130%;padding-bottom:0px;padding-top:0px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Taxes assessed by governmental authorities that are both imposed on and concurrent with a specific revenue-producing transaction, and are collected by the Company from a customer, are excluded from&#160;</font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Revenues&#160;</font><font style="font-family:Arial;font-size:8.5pt;">and&#160;</font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Cost of sales</font><font style="font-family:Arial;font-size:8.5pt;">&#160;in the Consolidated Statements of Income. Shipping and handling costs associated with outbound freight after control over a product has transferred to a customer are accounted for as a fulfillment cost and are included in&#160;</font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Cost of sales</font><font style="font-family:Arial;font-size:8.5pt;">&#160;when the related revenue is recognized.</font></div><div style="line-height:100%;padding-bottom:0px;padding-top:8px;text-align:left;padding-left:0px;text-indent:0px;font-size:11pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:11pt;color:#808080;font-style:normal;font-weight:bold;text-decoration:none;"></font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:100%;padding-bottom:8px;padding-top:16px;text-align:left;padding-left:0px;text-indent:0px;font-size:14pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:14pt;color:#000000;font-weight:bold;">RECENTLY ADOPTED ACCOUNTING STANDARDS</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">In May 2014, the Financial Accounting Standards Board (FASB) issued Topic 606, which replaces existing revenue recognition guidance. The new standard requires companies to recognize revenue in a way that depicts the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. In addition, Topic 606 requires disclosures of the nature, amount, timing and uncertainty of revenue and cash flows arising from contracts with customers. The Company adopted this standard using a modified retrospective approach in the first quarter of fiscal 2019 with the cumulative effect of initially applying the standard recognized in </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Retained earnings</font><font style="font-family:Arial;font-size:8.5pt;"> at June 1, 2018. Comparative prior period information has not been adjusted and continues to be reported in accordance with previous revenue recognition guidance in Topic 605. The Company has applied the new standard to all contracts at adoption.</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">The Company's adoption of Topic 606 resulted in a change to the timing of revenue recognition. The satisfaction of the Company's performance obligation is based upon transfer of control over a product to a customer, which results in sales being recognized upon shipment rather than upon delivery for certain wholesale transactions and substantially all digital commerce sales. A customer is considered to have control once they are able to direct the use and receive substantially all of the benefits of the product. This resulted in a cumulative effect adjustment, which increased </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Retained earnings</font><font style="font-family:Arial;font-size:8.5pt;"> by </font><font style="font-family:Arial;font-size:8.5pt;">$23 million</font><font style="font-family:Arial;font-size:8.5pt;"> at June 1, 2018. The adoption of Topic 606 did not have a material effect on the Consolidated Statements of Income for fiscal 2019.</font></div><div style="line-height:130%;padding-bottom:0px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Additionally, the Company's reserve balances for returns, post-invoice sales discounts and miscellaneous claims for wholesale transactions were previously reported net of the estimated cost of inventory for product returns, and as a reduction to </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Accounts receivable, net</font><font style="font-family:Arial;font-size:8.5pt;"> on the Consolidated Balance Sheets. Under Topic 606, an asset for the estimated cost of inventory for expected products returns is now recognized separately from the liability for sales-related reserves. This resulted in an increase to </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Accounts receivable, net</font><font style="font-family:Arial;font-size:8.5pt;">, an increase in </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Prepaid expenses and other current assets</font><font style="font-family:Arial;font-size:8.5pt;"> and an increase in </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Accrued liabilities</font><font style="font-family:Arial;font-size:8.5pt;"> on the Consolidated Balance Sheets at </font><font style="font-family:Arial;font-size:8.5pt;">May&#160;31, 2019</font><font style="font-family:Arial;font-size:8.5pt;">. Sales-related reserves for the Company's direct to consumer operations continue to be recognized in </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Accrued liabilities</font><font style="font-family:Arial;font-size:8.5pt;">, but are now recorded separately from an asset for the estimated cost of inventory for expected product returns, which is recognized in </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Prepaid expenses and other current assets</font><font style="font-family:Arial;font-size:8.5pt;">. The following table presents the related effect of the adoption of Topic 606 on the Consolidated Balance Sheets at </font><font style="font-family:Arial;font-size:8.5pt;">May&#160;31, 2019</font><font style="font-family:Arial;font-size:8.5pt;">:</font></div><div style="line-height:130%;padding-bottom:0px;padding-top:0px;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="10" rowspan="1"></td></tr><tr><td style="width:52%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:14%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:14%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:14%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="9" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">AS OF MAY&#160;31, 2019</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial Narrow;font-size:8.5pt;color:#000000;font-style:italic;">(Dollars in millions)</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">AS REPORTED</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">EFFECT OF ADOPTION</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">BALANCES WITHOUT ADOPTION OF <br clear="none"/>TOPIC 606</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Accounts receivable, net</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">4,272</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">782</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">3,490</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Prepaid expenses and other current assets</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1,968</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">410</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1,558</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Total current assets</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">16,525</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1,192</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">15,333</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">TOTAL ASSETS</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">23,717</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">1,192</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">22,525</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Accrued liabilities</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">5,010</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1,192</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">3,818</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Total current liabilities</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">7,866</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1,192</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">6,674</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">23,717</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">1,192</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">22,525</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:100%;padding-bottom:0px;padding-top:8px;text-align:left;padding-left:0px;text-indent:0px;font-size:11pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:11pt;color:#808080;font-style:normal;font-weight:bold;text-decoration:none;">SALES-RELATED RESERVES</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:0px;text-align:left;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Consideration promised in the Company's contracts with customers is variable due to anticipated reductions such as sales returns, discounts and miscellaneous claims from customers. The Company estimates the most likely amount it will be entitled to receive and records an anticipated reduction against </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Revenues</font><font style="font-family:Arial;font-size:8.5pt;">, with an offsetting increase to&#160;</font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Accrued liabilities</font><font style="font-family:Arial;font-size:8.5pt;">&#160;at the time revenues are recognized. The estimated cost of inventory for product returns is recorded in&#160;</font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Prepaid expenses and other current assets</font><font style="font-family:Arial;font-size:8.5pt;">&#160;on the Consolidated Balance Sheets. Prior to June 1, 2018, the Company's reserve balances were reported net of the estimated cost of inventory for product returns and recognized within&#160;</font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Accounts receivable, net</font><font style="font-family:Arial;font-size:8.5pt;">&#160;for wholesale transactions and </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Accrued liabilities</font><font style="font-family:Arial;font-size:8.5pt;"> for the Company's direct to consumer business, on the Consolidated Balance Sheets.</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">The provision for anticipated sales returns consists of both contractual return rights and discretionary authorized returns. Provisions for post-invoice sales discounts consist of both contractual programs and discretionary discounts that are expected to be granted at a later date.</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Estimates of discretionary authorized returns, discounts and claims are based on (1) historical rates, (2) specific identification of outstanding returns not yet received from customers and outstanding discounts and claims and (3) estimated returns, discounts and claims expected, but not yet finalized with customers.&#160;Actual returns, discounts and claims in any future period are inherently uncertain and thus may differ from estimates recorded. If actual or expected future returns, discounts or claims were significantly greater or lower than the reserves established, a reduction or increase to net revenues would be recorded in the period in which such determination was made.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:130%;padding-bottom:0px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Accrued liabilities</font><font style="font-family:Arial;font-size:8.5pt;"> included the following:</font></div><div style="line-height:130%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="7" rowspan="1"></td></tr><tr><td style="width:80%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="6" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">AS OF MAY 31,</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial Narrow;font-size:8.5pt;color:#000000;font-style:italic;">(Dollars in millions)</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2019</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2018</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Compensation and benefits, excluding taxes</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1,232</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">897</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Sales-related reserves</font><font style="font-family:Arial;font-size:7.5pt;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(1)</sup></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1,218</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">20</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Endorsement compensation</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">424</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">425</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Dividends payable</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">346</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">320</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Import and logistics costs</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">296</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">268</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Collateral received from counterparties to hedging instruments</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">289</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">23</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Taxes other than income taxes payable</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">234</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">224</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Advertising and marketing</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">114</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">140</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Fair value of derivatives</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">52</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">184</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Other</font><font style="font-family:Arial;font-size:7.5pt;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(2)</sup></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">805</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">768</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">TOTAL ACCRUED LIABILITIES</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">5,010</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">3,269</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div><table cellpadding="0" cellspacing="0" style="padding-top:4px;padding-bottom:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:7pt;padding-left:0px;"><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">(1)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:7pt;"><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">Sales-related reserves as of </font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">May&#160;31, 2019</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;"> reflect the Company's fiscal 2019 adoption of Topic 606. As of May 31, 2018, Sales-related reserves reflect the Company's prior accounting under Topic 605. Refer to&#160;</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">Note&#160;1 &#8212; Summary of Significant Accounting Policies</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">&#160;for additional information on the adoption of the new standard.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:4px;padding-bottom:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:7pt;padding-left:0px;"><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">(2)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:7pt;"><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">Other consists of various accrued expenses with no individual item accounting for more than </font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">5%</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;"> of the total Accrued liabilities balance at </font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">May&#160;31, 2019</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;"> and </font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">2018</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">.</font></div></td></tr></table></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:130%;padding-bottom:0px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">The changes in </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Accumulated other comprehensive income (loss)</font><font style="font-family:Arial;font-size:8.5pt;">, net of tax, were as follows:</font></div><div style="line-height:130%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="16" rowspan="1"></td></tr><tr><td style="width:48%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:10%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial Narrow;font-size:8.5pt;color:#000000;font-style:italic;">(Dollars in millions)</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">FOREIGN CURRENCY TRANSLATION ADJUSTMENT</font><font style="font-family:Open Sans Condensed,sans-serif;font-size:7.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(1)</sup></font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">CASH FLOW HEDGES</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">NET INVESTMENT HEDGES</font><font style="font-family:Open Sans Condensed,sans-serif;font-size:7.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(1)</sup></font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">OTHER</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">TOTAL</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">Balance at May&#160;31, 2018</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">(173</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">17</font></div></td><td style="vertical-align:bottom;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">115</font></div></td><td style="vertical-align:bottom;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">(51</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">(92</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">)</font></div></td></tr><tr><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Other comprehensive income (loss):</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:middle;border-bottom:1px solid #808080;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Other comprehensive gains (losses) before reclassifications</font><font style="font-family:Arial;font-size:7.5pt;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(2)</sup></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(173</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">573</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">10</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">410</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:middle;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Reclassifications to net income of previously deferred (gains) losses</font><font style="font-family:Arial;font-size:7.5pt;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(3)</sup></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(70</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(17</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(87</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Total other comprehensive income (loss)</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(173</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">503</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(7</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">323</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">Balance at May&#160;31, 2019</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">(346</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">)</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">520</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">115</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">(58</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">)</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">231</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div><table cellpadding="0" cellspacing="0" style="padding-top:4px;padding-bottom:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:7pt;padding-left:0px;"><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">(1)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:7pt;"><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">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.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:4px;padding-bottom:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:7pt;padding-left:0px;"><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">(2)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:7pt;"><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">Net of tax benefit (expense) of $</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">0 million</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">, $</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">(4) million</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">, $</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">0 million</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">, $</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">1 million</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;"> and $</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">(3) million</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">, respectively.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:4px;padding-bottom:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:7pt;padding-left:0px;"><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">(3)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:7pt;"><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">Net of tax (benefit) expense of $</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">0 million</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">, $</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">6 million</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">, $</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">0 million</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">, $</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">0 million</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;"> and $</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">6 million</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">, respectively. </font></div></td></tr></table><div style="line-height:130%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="16" rowspan="1"></td></tr><tr><td style="width:48%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:10%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial Narrow;font-size:8.5pt;color:#000000;font-style:italic;">(Dollars in millions)</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">FOREIGN CURRENCY TRANSLATION ADJUSTMENT</font><font style="font-family:Open Sans Condensed,sans-serif;font-size:7.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(1)</sup></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">CASH FLOW HEDGES</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">NET INVESTMENT HEDGES</font><font style="font-family:Open Sans Condensed,sans-serif;font-size:7.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(1)</sup></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">OTHER</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">TOTAL</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">Balance at May&#160;31, 2017</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">(191</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">)</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">(52</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">)</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">115</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">(85</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">)</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">(213</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">)</font></div></td></tr><tr><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Other comprehensive income (loss):</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:middle;border-bottom:1px solid #808080;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Other comprehensive gains (losses) before reclassifications</font><font style="font-family:Arial;font-size:7.5pt;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(2)</sup></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(6</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(52</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">2</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(56</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td></tr><tr><td style="vertical-align:middle;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Reclassifications to net income of previously deferred (gains) losses</font><font style="font-family:Arial;font-size:7.5pt;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(3)</sup></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">128</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">32</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">160</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Total other comprehensive income (loss)</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(6</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">76</font></div></td><td style="vertical-align:bottom;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">34</font></div></td><td style="vertical-align:bottom;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">104</font></div></td><td style="vertical-align:bottom;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:middle;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Reclassifications to retained earnings in accordance with ASU 2018-02</font><font style="font-family:Arial;font-size:7.5pt;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(4)</sup></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">24</font></div></td><td style="vertical-align:bottom;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(7</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">17</font></div></td><td style="vertical-align:bottom;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">Balance at May&#160;31, 2018</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">(173</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">)</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">17</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">115</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">(51</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">)</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">(92</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">)</font></div></td></tr></table></div></div><table cellpadding="0" cellspacing="0" style="padding-top:4px;padding-bottom:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:7pt;padding-left:0px;"><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">(1)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:7pt;"><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">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.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:4px;padding-bottom:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:7pt;padding-left:0px;"><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">(2)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:7pt;"><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">Net of tax benefit (expense) of $</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">(24) million</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">, $</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">(3) million</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">, $</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">0 million</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">, $</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">(4) million</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;"> and $</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">(31) million</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">, respectively.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:4px;padding-bottom:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:7pt;padding-left:0px;"><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">(3)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:7pt;"><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">Net of tax (benefit) expense of $</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">0 million</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">, $</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">(3) million</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">, $</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">0 million</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">, $</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">0 million</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;"> and $</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">(3) million</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">, respectively.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:4px;padding-bottom:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:7pt;padding-left:0px;"><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">(4)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:7pt;"><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">Refer to </font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">Note&#160;1 &#8212; Summary of Significant Accounting Policies</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;"> for additional information on the adoption of ASU 2018-02 during the third quarter of fiscal 2018.</font></div></td></tr></table></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:130%;padding-bottom:0px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">The following table summarizes the Company's total stock-based compensation expense recognized in </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Cost of sales</font><font style="font-family:Arial;font-size:8.5pt;"> or </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Operating overhead expense</font><font style="font-family:Arial;font-size:8.5pt;">, as applicable:&#160;</font></div><div style="line-height:130%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="10" rowspan="1"></td></tr><tr><td style="width:70%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#160;</font></div></td><td colspan="9" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">YEAR ENDED MAY 31,</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial Narrow;font-size:8.5pt;color:#000000;font-style:italic;">(Dollars in millions)</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2019</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2018</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2017</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Stock options</font><font style="font-family:Arial;font-size:7.5pt;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(1)</sup></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">207</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">149</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">145</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">ESPPs</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">40</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">34</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">36</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Restricted stock</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">78</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">35</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">34</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">TOTAL STOCK-BASED COMPENSATION EXPENSE</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">325</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">218</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">215</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div><table cellpadding="0" cellspacing="0" style="padding-top:4px;padding-bottom:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:7pt;padding-left:0px;"><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">(1)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:7pt;"><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">Expense for stock options includes the expense associated with stock appreciation rights. Accelerated stock option expense is recorded for employees meeting certain retirement eligibility requirements. Accelerated stock option expense was </font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">$41 million</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">, </font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">$18 million</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;"> and </font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">$14 million</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;"> for the years ended </font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">May&#160;31, 2019</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">, </font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">2018</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;"> and </font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">2017</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">, respectively.</font></div></td></tr></table></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:130%;padding-bottom:0px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">The provision for income taxes is as follows:</font></div><div style="line-height:130%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="10" rowspan="1"></td></tr><tr><td style="width:70%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="9" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">YEAR ENDED MAY&#160;31,</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">(Dollars in millions)</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2019</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2018</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2017</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Current:</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">United States</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Federal</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">74</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1,167</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">398</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">State</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">56</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">45</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">82</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Foreign</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">608</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">533</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">439</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Total Current</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">738</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1,745</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">919</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Deferred:</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">United States</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Federal</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(33</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">595</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(279</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">State</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(9</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">25</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(9</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Foreign</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">76</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">27</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">15</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Total Deferred</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">34</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">647</font></div></td><td style="vertical-align:bottom;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(273</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">TOTAL INCOME TAX EXPENSE</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">772</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">2,392</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">646</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:Arial;font-size:8.5pt;"><br clear="none"/></font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;"></font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:130%;padding-bottom:0px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Long-term debt</font><font style="font-family:Arial;font-size:8.5pt;">, net of unamortized premiums, discounts and debt issuance costs, comprises the following:&#160;</font></div><div style="line-height:130%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="13" rowspan="1"></td></tr><tr><td style="width:50%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:7%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:14%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:7%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:7%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="6" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">BOOK VALUE OUTSTANDING <br clear="none"/>AS OF MAY&#160;31,</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial Narrow;font-size:8.5pt;color:#000000;font-style:italic;">Scheduled Maturity (Dollars and Yen in millions)</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">ORIGINAL PRINCIPAL</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">INTEREST RATE</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">INTEREST PAYMENTS</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2019</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2018</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Corporate Bond Payables:</font><font style="font-family:Arial;font-size:7.5pt;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(1)(2)</sup></font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">May 1, 2023</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">500</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">2.25</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Semi-Annually</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">498</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">498</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">November 1, 2026</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1,000</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">2.38</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Semi-Annually</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">994</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">994</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">May 1, 2043</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">500</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">3.63</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Semi-Annually</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">495</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">495</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">November 1, 2045</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1,000</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">3.88</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Semi-Annually</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">983</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">982</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">November 1, 2046</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">500</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">3.38</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Semi-Annually</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">491</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">490</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Japanese Yen Notes:</font><font style="font-family:Arial;font-size:7.5pt;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(3)</sup></font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;text-indent:6px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">August&#160;20,&#160;2001&#160;through&#160;November&#160;20,&#160;2020</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#165;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">9,000</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">2.60</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">%</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Quarterly</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">6</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">10</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;text-indent:6px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">August&#160;20,&#160;2001&#160;through&#160;November&#160;20,&#160;2020</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">4,000</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">2.00</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Quarterly</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">3</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">5</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Total</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">3,470</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">3,474</font></div></td><td style="vertical-align:bottom;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Less current maturities</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">6</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">6</font></div></td><td style="vertical-align:bottom;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">TOTAL LONG-TERM DEBT</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">3,464</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">3,468</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div><table cellpadding="0" cellspacing="0" style="padding-top:4px;padding-bottom:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:7pt;padding-left:0px;"><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">(1)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:7pt;"><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">These senior unsecured obligations rank equally with the Company's other unsecured and unsubordinated indebtedness.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:4px;padding-bottom:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:7pt;padding-left:0px;"><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">(2)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:7pt;"><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">The bonds are redeemable at the Company's option up to three months prior to the scheduled maturity date for the bonds maturing in 2023 and 2026, and up to six months prior to the scheduled maturity date for the bonds maturing in 2043, 2045 and 2046, at a price equal to the greater of (i) </font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">100%</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;"> of the aggregate principal amount of the notes to be redeemed or (ii) the sum of the present values of the remaining scheduled payments, plus in each case, accrued and unpaid interest. Within three and six months to scheduled maturity, respectively, the bonds also feature a par call provision, which allows for the bonds to be redeemed at a price equal to </font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">100%</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;"> of the aggregate principal amount of the notes being redeemed, plus accrued and unpaid interest.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:4px;padding-bottom:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:7pt;padding-left:0px;"><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">(3)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:7pt;"><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">NIKE Logistics YK assumed a total of </font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">&#165;13.0 billion</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;"> 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&#160;20, 2001 through November&#160;20, 2020.</font></div></td></tr></table></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:130%;padding-bottom:0px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Deferred tax assets and liabilities comprise the following:&#160;</font></div><div style="line-height:130%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="7" rowspan="1"></td></tr><tr><td style="width:80%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="6" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">AS OF MAY 31,</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial Narrow;font-size:8.5pt;color:#000000;font-style:italic;">(Dollars in millions)</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2019</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2018</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Deferred tax assets:</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Inventories</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">66</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">73</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Sales return reserves</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">128</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">104</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Deferred compensation</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">271</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">250</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Stock-based compensation</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">156</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">135</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Reserves and accrued liabilities</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">101</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">102</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Net operating loss carry-forwards</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">81</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">88</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Other</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">125</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">106</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Total deferred tax assets</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">928</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">858</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Valuation allowance</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(88</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(95</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Total deferred tax assets after valuation allowance</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">840</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">763</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Deferred tax liabilities:</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Foreign withholding tax on undistributed earnings of foreign subsidiaries</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(235</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(155</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Property, plant and equipment</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(188</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(167</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Intangibles</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(23</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(77</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Other</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(18</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(26</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Total deferred tax liabilities</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(464</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(425</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">NET DEFERRED TAX ASSET</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">376</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">338</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:130%;padding-bottom:0px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">The following tables present the amounts affecting the Consolidated Statements of Income for the years ended </font><font style="font-family:Arial;font-size:8.5pt;">May&#160;31, 2019</font><font style="font-family:Arial;font-size:8.5pt;">, </font><font style="font-family:Arial;font-size:8.5pt;">2018</font><font style="font-family:Arial;font-size:8.5pt;"> and </font><font style="font-family:Arial;font-size:8.5pt;">2017</font><font style="font-family:Arial;font-size:8.5pt;">:</font></div><div style="line-height:130%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="22" rowspan="1"></td></tr><tr><td style="width:26%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:5%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:5%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:5%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:30%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:5%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:5%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:5%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td rowspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="1"><div style="font-size:8.5pt;"><font style="font-family:Arial Narrow;font-size:8.5pt;"><br clear="none"/></font></div><div style="font-size:8.5pt;"><font style="font-family:Arial Narrow;font-size:8.5pt;color:#000000;font-style:italic;">(Dollars in millions)</font></div></td><td colspan="9" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">AMOUNT OF GAIN (LOSS) <br clear="none"/>RECOGNIZED IN OTHER <br clear="none"/>COMPREHENSIVE INCOME (LOSS) ON DERIVATIVES</font><font style="font-family:Open Sans Condensed,sans-serif;font-size:7.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(1)</sup></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="11" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">AMOUNT OF GAIN (LOSS) <br clear="none"/>RECLASSIFIED FROM ACCUMULATED <br clear="none"/>OTHER COMPREHENSIVE <br clear="none"/>INCOME (LOSS) INTO INCOME</font><font style="font-family:Open Sans Condensed,sans-serif;font-size:7.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(1)</sup></font></div></td></tr><tr><td colspan="9" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">YEAR ENDED MAY 31,</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td rowspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">LOCATION OF GAIN (LOSS) <br clear="none"/>RECLASSIFIED FROM ACCUMULATED <br clear="none"/>OTHER COMPREHENSIVE INCOME <br clear="none"/>(LOSS) INTO INCOME</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="9" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">YEAR ENDED MAY 31,</font></div></td></tr><tr><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2019</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2018</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2017</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2019</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2018</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2017</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Derivatives designated as </font><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;"><br clear="none"/></font><font style="font-family:Arial;font-size:8.5pt;">cash flow hedges:</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Foreign exchange forwards </font><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;"><br clear="none"/></font><font style="font-family:Arial;font-size:8.5pt;">and options</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">14</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">19</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">72</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Revenues</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(5</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">34</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">96</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Foreign exchange forwards </font><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;"><br clear="none"/></font><font style="font-family:Arial;font-size:8.5pt;">and options</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">405</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(50</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">43</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Cost of sales</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">53</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(90</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">339</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:middle;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Foreign exchange forwards </font><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;"><br clear="none"/></font><font style="font-family:Arial;font-size:8.5pt;">and options</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">2</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(4</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Demand creation expense</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Foreign exchange forwards </font><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;"><br clear="none"/></font><font style="font-family:Arial;font-size:8.5pt;">and options</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">156</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(19</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">37</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Other (income) expense, net</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">35</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(69</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">199</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Interest rate swaps</font><font style="font-family:Arial;font-size:7.5pt;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(2)</sup></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(54</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Interest expense (income), net</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(7</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(7</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(4</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Total designated cash </font><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;"><br clear="none"/></font><font style="font-family:Arial;font-size:8.5pt;">flow hedges</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">577</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(49</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">94</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">76</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(131</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">630</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div><table cellpadding="0" cellspacing="0" style="padding-top:4px;padding-bottom:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:7pt;padding-left:0px;"><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">(1)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:7pt;"><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">For the years ended </font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">May&#160;31, 2019</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">, </font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">2018</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;"> and </font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">2017</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">, the amounts recorded in </font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">Other (income) expense, net</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;"> as a result of the discontinuance of cash flow hedges because the forecasted transactions were no longer probable of occurring were immaterial.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:4px;padding-bottom:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:7pt;padding-left:0px;"><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">(2)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:7pt;"><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">Gains and losses associated with terminated interest rate swaps, which were previously designated as cash flow hedges and recorded in Accumulated other comprehensive income (loss), will be released through Interest expense (income), net over the term of the issued debt.</font></div></td></tr></table><div style="line-height:130%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="12" rowspan="1"></td></tr><tr><td style="width:43%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:7%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:7%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:7%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:29%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="9" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">AMOUNT OF GAIN (LOSS) RECOGNIZED</font><font style="font-family:Arial;font-size:8.5pt;">&#160;</font><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;"><br clear="none"/>IN INCOME ON DERIVATIVES</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td rowspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">LOCATION OF GAIN (LOSS)</font><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;">&#160;</font><font style="font-family:Arial;font-size:8.5pt;">&#160;</font><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;"><br clear="none"/>RECOGNIZED IN INCOME</font><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;">&#160;</font><font style="font-family:Arial;font-size:8.5pt;">&#160;</font><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;"><br clear="none"/>ON DERIVATIVES</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="9" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">YEAR ENDED MAY 31,</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial Narrow;font-size:8.5pt;color:#000000;font-style:italic;">(Dollars in millions)</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2019</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2018</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2017</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Derivatives not designated as hedging instruments:</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Foreign exchange forwards and options</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">166</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(57</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(44</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Other (income) expense, net</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Embedded derivatives</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">7</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(4</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(2</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Other (income) expense, net</font></div></td></tr></table></div><font style="font-family:Arial;font-size:8.5pt;"><br clear="none"/></font></div><div style="line-height:100%;padding-bottom:8px;padding-top:16px;text-align:left;padding-left:0px;text-indent:0px;font-size:14pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:14pt;color:#000000;font-weight:bold;"></font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:130%;padding-bottom:0px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">The following tables present information about the Company's derivative assets and liabilities measured at fair value on a recurring basis as of&#160;</font><font style="font-family:Arial;font-size:8.5pt;">May&#160;31, 2019</font><font style="font-family:Arial;font-size:8.5pt;">&#160;and&#160;</font><font style="font-family:Arial;font-size:8.5pt;">2018</font><font style="font-family:Arial;font-size:8.5pt;">, and indicate the level in the fair value hierarchy in which the Company classifies the fair value measurement.</font></div><div style="line-height:130%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="20" rowspan="1"></td></tr><tr><td style="width:43%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:7%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:7%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:7%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:7%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="19" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">AS OF MAY&#160;31, 2019</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="9" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">DERIVATIVE ASSETS</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="9" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">DERIVATIVE LIABILITIES</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial Narrow;font-size:8.5pt;color:#000000;font-style:italic;">(Dollars in millions)</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">ASSETS AT FAIR VALUE</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">OTHER CURRENT ASSETS</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">OTHER LONG-TERM ASSETS</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">LIABILITIES AT FAIR VALUE</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">ACCRUED LIABILITIES</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">OTHER LONG-TERM LIABILITIES</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;text-decoration:underline;">Level 2:</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Foreign exchange forwards and options</font><font style="font-family:Arial;font-size:7.5pt;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(1)</sup></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">611</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">611</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">51</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">51</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Embedded derivatives</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">11</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">5</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">6</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">3</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">2</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">TOTAL</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">622</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">616</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">6</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">54</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">52</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">2</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div><table cellpadding="0" cellspacing="0" style="padding-top:4px;padding-bottom:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:7pt;padding-left:0px;"><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">(1)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:7pt;"><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">If the foreign exchange derivative instruments had been netted on the Consolidated Balance Sheets, the asset and liability positions each would have been reduced by </font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">$50 million</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;"> as of </font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">May&#160;31, 2019</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">. As of that date, the Company had received </font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">$289 million</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">&#160;of cash collateral from various counterparties related to foreign exchange derivative instruments. </font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">No</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;"> amount of collateral was posted on the Company's derivative liability balance as of </font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">May&#160;31, 2019</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">. </font></div></td></tr></table><div style="line-height:130%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="20" rowspan="1"></td></tr><tr><td style="width:43%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:7%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:7%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:7%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:7%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="19" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">AS OF MAY&#160;31, 2018</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="9" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">DERIVATIVE ASSETS</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="9" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">DERIVATIVE LIABILITIES</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial Narrow;font-size:8.5pt;color:#000000;font-style:italic;">(Dollars in millions)</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">ASSETS AT FAIR VALUE</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">OTHER CURRENT ASSETS</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">OTHER LONG-TERM ASSETS</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">LIABILITIES AT FAIR VALUE</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">ACCRUED LIABILITIES</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">OTHER LONG-TERM LIABILITIES</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;text-decoration:underline;">Level 2:</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Foreign exchange forwards and options</font><font style="font-family:Arial;font-size:7.5pt;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(1)</sup></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">389</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">237</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">152</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">182</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">182</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Embedded derivatives</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">11</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">3</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">8</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">8</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">2</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">6</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">TOTAL</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">400</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">240</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">160</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">190</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">184</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">6</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div><table cellpadding="0" cellspacing="0" style="padding-top:4px;padding-bottom:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:7pt;padding-left:0px;"><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">(1)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:7pt;"><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">If the foreign exchange derivative instruments had been netted on the Consolidated Balance Sheets, the asset and liability positions each would have been reduced by </font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">$182 million</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;"> as of </font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">May&#160;31, 2018</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">. As of that date, the Company had received </font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">$23 million</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">&#160;of cash collateral from various counterparties related to foreign exchange derivative instruments. </font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">No</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;"> amount of collateral was posted on the Company's derivative liability balance as of </font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">May&#160;31, 2018</font><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">.</font></div></td></tr></table></div><div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:130%;padding-bottom:0px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">The following table presents the fair values of derivative instruments included within the Consolidated Balance Sheets as of </font><font style="font-family:Arial;font-size:8.5pt;">May&#160;31, 2019</font><font style="font-family:Arial;font-size:8.5pt;"> and </font><font style="font-family:Arial;font-size:8.5pt;">2018</font><font style="font-family:Arial;font-size:8.5pt;">. Refer to </font><font style="font-family:Arial;font-size:8.5pt;">Note&#160;6 &#8212; Fair Value Measurements</font><font style="font-family:Arial;font-size:8.5pt;"> for a description of how the financial instruments in the table below are valued.</font></div><div style="line-height:130%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="16" rowspan="1"></td></tr><tr><td style="width:31%;" rowspan="1" colspan="1"></td><td style="width:20%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:5%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:5%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:20%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:5%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:5%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">DERIVATIVE ASSETS</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">DERIVATIVE LIABILITIES</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td rowspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">BALANCE SHEET LOCATION</font></div></td><td colspan="6" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">AS OF MAY&#160;31,</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td rowspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">BALANCE SHEET LOCATION</font></div></td><td colspan="6" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">AS OF MAY&#160;31,</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial Narrow;font-size:8.5pt;color:#000000;font-style:italic;">(Dollars in millions)</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2019</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2018</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2019</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2018</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Derivatives&#160;formally designated as hedging instruments:</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Foreign exchange forwards and options</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Prepaid expenses and other current assets</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">509</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">118</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Accrued&#160;liabilities</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">5</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">156</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Foreign exchange forwards and options</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Deferred income taxes and other assets</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">152</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Deferred income taxes and other liabilities</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Total derivatives formally designated as hedging instruments</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">509</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">270</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">5</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">156</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Derivatives not designated as hedging instruments:</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Foreign exchange forwards and options</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Prepaid expenses and other current assets</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">102</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">119</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Accrued liabilities</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">46</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">26</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Embedded derivatives</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Prepaid expenses and other current assets</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">5</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">3</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Accrued liabilities</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">2</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Embedded derivatives</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Deferred income taxes and other assets</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">6</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">8</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Deferred income taxes and other liabilities</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">2</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">6</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Total derivatives not designated as hedging instruments</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">113</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">130</font></div></td><td style="vertical-align:bottom;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">49</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">34</font></div></td><td style="vertical-align:bottom;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">TOTAL DERIVATIVES</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">622</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">400</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">54</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">190</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:130%;padding-bottom:0px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">The following is a reconciliation from basic earnings per common share to diluted earnings per common share. The computations of diluted earnings per common share excluded options, including shares under ESPPs, to purchase an additional </font><font style="font-family:Arial;font-size:8.5pt;">17.5 million</font><font style="font-family:Arial;font-size:8.5pt;">, </font><font style="font-family:Arial;font-size:8.5pt;">42.9 million</font><font style="font-family:Arial;font-size:8.5pt;"> and </font><font style="font-family:Arial;font-size:8.5pt;">30.5 million</font><font style="font-family:Arial;font-size:8.5pt;"> shares of common stock outstanding for the years ended </font><font style="font-family:Arial;font-size:8.5pt;">May&#160;31, 2019</font><font style="font-family:Arial;font-size:8.5pt;">, </font><font style="font-family:Arial;font-size:8.5pt;">2018</font><font style="font-family:Arial;font-size:8.5pt;"> and </font><font style="font-family:Arial;font-size:8.5pt;">2017</font><font style="font-family:Arial;font-size:8.5pt;">, respectively, because the options were anti-dilutive.</font></div><div style="line-height:130%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="10" rowspan="1"></td></tr><tr><td style="width:70%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#160;</font></div></td><td colspan="9" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">YEAR ENDED MAY 31,</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial Narrow;font-size:8.5pt;color:#000000;font-style:italic;">(Dollars in millions, except per share data)</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2019</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2018</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2017</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Net income available to common stockholders</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">4,029</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1,933</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">4,240</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Determination of shares:</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Weighted average common shares outstanding</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1,579.7</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1,623.8</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1,657.8</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Assumed conversion of dilutive stock options and awards</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">38.7</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">35.3</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">34.2</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">DILUTED WEIGHTED AVERAGE COMMON SHARES OUTSTANDING</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">1,618.4</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">1,659.1</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">1,692.0</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Earnings per common share:</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Basic</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">2.55</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1.19</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">2.56</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Diluted</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">2.49</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1.17</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">2.51</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:130%;padding-bottom:0px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">A reconciliation from the U.S. statutory federal income tax rate to the effective income tax rate is as follows:</font></div><div style="line-height:130%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="7" rowspan="1"></td></tr><tr><td style="width:70%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#160;</font></div></td><td colspan="6" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">YEAR ENDED MAY&#160;31,</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2019</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2018</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2017</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Federal income tax rate</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">21.0</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#160;%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">29.2</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#160;%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">35.0</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#160;%</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">State taxes, net of federal benefit</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1.2</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#160;%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1.2</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#160;%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1.1</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#160;%</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Foreign earnings</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">-2.1</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#160;%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">-17.5</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#160;%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">-20.7</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#160;%</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Transition tax related to the Tax Act</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#160;%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">43.3</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#160;%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#8212;</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#160;%</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Remeasurement of deferred tax assets and liabilities related to the Tax Act</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#160;%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">3.7</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#160;%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#8212;</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#160;%</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Excess tax benefits from share-based compensation</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">-3.6</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#160;%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">-5.3</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#160;%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#8212;</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#160;%</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Resolution of a U.S. tax matter</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#160;%</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#160;%</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">-3.2</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#160;%</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">U.S. Research and Development tax credit</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">-1.1</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#160;%</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">-0.6</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#160;%</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">-0.6</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#160;%</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Other, net</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">0.7</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#160;%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1.3</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#160;%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1.6</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#160;%</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">EFFECTIVE INCOME TAX RATE</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">16.1</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">&#160;%</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">55.3</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">&#160;%</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">13.2</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">&#160;%</font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:130%;padding-bottom:0px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">The following tables present information about the Company's financial assets measured at fair value on a recurring basis as of </font><font style="font-family:Arial;font-size:8.5pt;">May&#160;31, 2019</font><font style="font-family:Arial;font-size:8.5pt;"> and </font><font style="font-family:Arial;font-size:8.5pt;">2018</font><font style="font-family:Arial;font-size:8.5pt;">, and indicate the level in the fair value hierarchy in which the Company classifies the fair value measurement. Refer to </font><font style="font-family:Arial;font-size:8.5pt;">Note&#160;1 &#8212; Summary of Significant Accounting Policies</font><font style="font-family:Arial;font-size:8.5pt;"> for additional detail regarding the Company's fair value measurement methodology.</font></div><div style="line-height:130%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="10" rowspan="1"></td></tr><tr><td style="width:41%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:17%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:17%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:19%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="9" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">AS OF MAY&#160;31, 2019</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial Narrow;font-size:8.5pt;color:#000000;font-style:italic;">(Dollars in millions)</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">ASSETS AT FAIR VALUE</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">CASH AND EQUIVALENTS</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">SHORT-TERM INVESTMENTS</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Cash</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">853</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">853</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;text-decoration:underline;">Level 1:</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">U.S. Treasury securities</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">347</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">200</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">147</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;text-decoration:underline;">Level 2:</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Commercial paper and bonds</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">34</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">33</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Money market funds</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1,637</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1,637</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Time deposits</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1,791</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1,775</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">16</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">U.S. Agency securities</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Total Level 2</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">3,463</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">3,413</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">50</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">TOTAL</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">4,663</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">4,466</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">197</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div><div style="line-height:130%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="10" rowspan="1"></td></tr><tr><td style="width:41%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:17%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:17%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:19%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="9" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">AS OF MAY&#160;31, 2018</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial Narrow;font-size:8.5pt;color:#000000;font-style:italic;">(Dollars in millions)</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">ASSETS AT FAIR VALUE</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">CASH AND EQUIVALENTS</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">SHORT-TERM INVESTMENTS</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Cash</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">415</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">415</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#8212;</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;text-decoration:underline;">Level 1:</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">U.S. Treasury securities</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1,178</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">500</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">678</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;text-decoration:underline;">Level 2:</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Commercial paper and bonds</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">451</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">153</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">298</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Money market funds</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">2,174</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">2,174</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Time deposits</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">925</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">907</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">18</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">U.S. Agency securities</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">102</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">100</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">2</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Total Level 2</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">3,652</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">3,334</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">318</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">TOTAL</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">5,245</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">4,249</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">996</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:Arial;font-size:8.5pt;"><br clear="none"/></font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;"></font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">The following table summarizes the Company's </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Identifiable intangible assets, net</font><font style="font-family:Arial;font-size:8.5pt;"> balances as of&#160;</font><font style="font-family:Arial;font-size:8.5pt;">May&#160;31, 2019</font><font style="font-family:Arial;font-size:8.5pt;">&#160;and&#160;</font><font style="font-family:Arial;font-size:8.5pt;">2018</font><font style="font-family:Arial;font-size:8.5pt;">:</font></div><div style="line-height:130%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="20" rowspan="1"></td></tr><tr><td style="width:39%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:7%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:10%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:7%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:7%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:10%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:7%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="19" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">AS OF MAY 31,</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="9" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2019</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="9" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2018</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial Narrow;font-size:8.5pt;color:#000000;font-style:italic;">(Dollars in&#160;millions)</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">GROSS CARRYING AMOUNT</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">ACCUMULATED AMORTIZATION</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">NET CARRYING AMOUNT</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">GROSS CARRYING AMOUNT</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">ACCUMULATED AMORTIZATION</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">NET CARRYING AMOUNT</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Indefinite-lived trademarks</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">281</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">281</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">281</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">281</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Acquired trademarks and other</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">22</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">20</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">2</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">22</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">18</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">4</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">IDENTIFIABLE INTANGIBLE ASSETS, NET</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">303</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">20</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">283</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">303</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">18</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">285</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:130%;padding-bottom:0px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Amounts of minimum future annual commitments under non-cancelable operating and capital leases are as follows:</font></div><div style="line-height:130%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="22" rowspan="1"></td></tr><tr><td style="width:41%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:6%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:6%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:6%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:6%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:6%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:6%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="21" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">YEAR ENDING MAY 31,</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial Narrow;font-size:8.5pt;color:#000000;font-style:italic;">(Dollars in millions)</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2020</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2021</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2022</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2023</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2024</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">THEREAFTER</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">TOTAL</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Operating leases</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">553</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">513</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">441</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">386</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">345</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1,494</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">3,732</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Capital leases and other financing obligations</font><font style="font-family:Arial;font-size:8.5pt;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(1)</sup></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">32</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">34</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">40</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">37</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">34</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">197</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">374</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:Arial;font-size:8.5pt;"> </font></div><table cellpadding="0" cellspacing="0" style="padding-top:4px;padding-bottom:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:7pt;padding-left:0px;"><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">(1)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:7pt;"><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">Capital leases and other financing obligations include payments related to build-to-suit lease arrangements.</font></div></td></tr></table></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:130%;padding-bottom:0px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Amounts of minimum future annual commitments under non-cancelable operating and capital leases are as follows:</font></div><div style="line-height:130%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="22" rowspan="1"></td></tr><tr><td style="width:41%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:6%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:6%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:6%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:6%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:6%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:6%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="21" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">YEAR ENDING MAY 31,</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial Narrow;font-size:8.5pt;color:#000000;font-style:italic;">(Dollars in millions)</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2020</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2021</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2022</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2023</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2024</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">THEREAFTER</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">TOTAL</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Operating leases</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">553</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">513</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">441</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">386</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">345</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1,494</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">3,732</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Capital leases and other financing obligations</font><font style="font-family:Arial;font-size:8.5pt;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(1)</sup></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">32</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">34</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">40</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">37</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">34</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">197</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">374</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:Arial;font-size:8.5pt;"> </font></div><table cellpadding="0" cellspacing="0" style="padding-top:4px;padding-bottom:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:7pt;padding-left:0px;"><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">(1)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:7pt;"><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">Capital leases and other financing obligations include payments related to build-to-suit lease arrangements.</font></div></td></tr></table></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:130%;padding-bottom:0px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Income before income taxes</font><font style="font-family:Arial;font-size:8.5pt;"> is as follows:</font></div><div style="line-height:130%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="10" rowspan="1"></td></tr><tr><td style="width:70%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="9" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">YEAR ENDED MAY&#160;31,</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial Narrow;font-size:8.5pt;color:#000000;font-style:italic;">(Dollars in millions)</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2019</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2018</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2017</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Income before income taxes:</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">United States</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">593</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">744</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1,240</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Foreign</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">4,208</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">3,581</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">3,646</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">TOTAL INCOME BEFORE INCOME TAXES</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">4,801</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">4,325</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">4,886</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">The following table summarizes the Company's </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Identifiable intangible assets, net</font><font style="font-family:Arial;font-size:8.5pt;"> balances as of&#160;</font><font style="font-family:Arial;font-size:8.5pt;">May&#160;31, 2019</font><font style="font-family:Arial;font-size:8.5pt;">&#160;and&#160;</font><font style="font-family:Arial;font-size:8.5pt;">2018</font><font style="font-family:Arial;font-size:8.5pt;">:</font></div><div style="line-height:130%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="20" rowspan="1"></td></tr><tr><td style="width:39%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:7%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:10%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:7%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:7%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:10%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:7%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="19" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">AS OF MAY 31,</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="9" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2019</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="9" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2018</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial Narrow;font-size:8.5pt;color:#000000;font-style:italic;">(Dollars in&#160;millions)</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">GROSS CARRYING AMOUNT</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">ACCUMULATED AMORTIZATION</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">NET CARRYING AMOUNT</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">GROSS CARRYING AMOUNT</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">ACCUMULATED AMORTIZATION</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">NET CARRYING AMOUNT</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Indefinite-lived trademarks</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">281</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">281</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">281</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">281</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Acquired trademarks and other</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">22</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">20</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">2</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">22</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">18</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">4</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">IDENTIFIABLE INTANGIBLE ASSETS, NET</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">303</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">20</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">283</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">303</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">18</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">285</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:130%;padding-bottom:0px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">The following table presents the related effect of the adoption of Topic 606 on the Consolidated Balance Sheets at </font><font style="font-family:Arial;font-size:8.5pt;">May&#160;31, 2019</font><font style="font-family:Arial;font-size:8.5pt;">:</font></div><div style="line-height:130%;padding-bottom:0px;padding-top:0px;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="10" rowspan="1"></td></tr><tr><td style="width:52%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:14%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:14%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:14%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="9" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">AS OF MAY&#160;31, 2019</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial Narrow;font-size:8.5pt;color:#000000;font-style:italic;">(Dollars in millions)</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">AS REPORTED</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">EFFECT OF ADOPTION</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">BALANCES WITHOUT ADOPTION OF <br clear="none"/>TOPIC 606</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Accounts receivable, net</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">4,272</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">782</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">3,490</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Prepaid expenses and other current assets</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1,968</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">410</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1,558</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Total current assets</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">16,525</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1,192</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">15,333</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">TOTAL ASSETS</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">23,717</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">1,192</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">22,525</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Accrued liabilities</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">5,010</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1,192</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">3,818</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Total current liabilities</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">7,866</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1,192</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">6,674</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">23,717</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">1,192</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">22,525</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:130%;padding-bottom:0px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Accounts receivable, net, Inventories </font><font style="font-family:Arial;font-size:8.5pt;">and </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Property, plant and equipment, net</font><font style="font-family:Arial;font-size:8.5pt;"> 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.</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="10" rowspan="1"></td></tr><tr><td style="width:70%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="9" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">YEAR ENDED MAY 31,</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial Narrow;font-size:8.5pt;color:#000000;font-style:italic;">(Dollars in millions)</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2019</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2018</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2017</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">REVENUES</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">North America</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">15,902</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">14,855</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">15,216</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Europe, Middle East &amp; Africa</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">9,812</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">9,242</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">7,970</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Greater China</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">6,208</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">5,134</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">4,237</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Asia Pacific &amp; Latin America</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">5,254</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">5,166</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">4,737</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Global Brand Divisions</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">42</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">88</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">73</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Total NIKE Brand</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">37,218</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">34,485</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">32,233</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Converse</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1,906</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1,886</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">2,042</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Corporate</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(7</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">26</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">75</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">TOTAL NIKE, INC. REVENUES</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">39,117</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">36,397</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">34,350</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">EARNINGS BEFORE INTEREST AND TAXES</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">North America</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">3,925</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">3,600</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">3,875</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Europe, Middle East &amp; Africa</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1,995</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1,587</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1,507</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Greater China</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">2,376</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1,807</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1,507</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Asia Pacific &amp; Latin America</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1,323</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1,189</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">980</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Global Brand Divisions</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(3,262</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(2,658</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(2,677</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Total NIKE Brand</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">6,357</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">5,525</font></div></td><td style="vertical-align:bottom;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">5,192</font></div></td><td style="vertical-align:bottom;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Converse</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">303</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">310</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">477</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Corporate</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(1,810</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(1,456</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(724</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Total NIKE, Inc. Earnings Before Interest and Taxes</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">4,850</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">4,379</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">4,945</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Interest expense (income), net</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">49</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">54</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">59</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">TOTAL NIKE, INC. INCOME BEFORE INCOME TAXES</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">4,801</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">4,325</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">4,886</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">ADDITIONS TO LONG-LIVED ASSETS</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">North America</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">117</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">196</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">223</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Europe, Middle East &amp; Africa</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">233</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">240</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">173</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Greater China</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">49</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">76</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">51</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Asia Pacific &amp; Latin America</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">47</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">49</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">59</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Global Brand Divisions</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">278</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">286</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">278</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Total NIKE Brand</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">724</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">847</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">784</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Converse</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">18</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">22</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">30</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Corporate</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">333</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">325</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">387</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">TOTAL ADDITIONS TO LONG-LIVED ASSETS</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">1,075</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">1,194</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">1,201</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">DEPRECIATION</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">North America</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">149</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">160</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">140</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Europe, Middle East &amp; Africa</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">111</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">116</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">106</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Greater China</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">50</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">56</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">54</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Asia Pacific &amp; Latin America</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">53</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">55</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">54</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Global Brand Divisions</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">195</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">217</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">233</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Total NIKE Brand</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">558</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">604</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">587</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Converse</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">31</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">33</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">28</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Corporate</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">116</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">110</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">91</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">TOTAL DEPRECIATION</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">705</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">747</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">706</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:130%;padding-bottom:0px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">The following summarizes the stock option transactions under the plan discussed above:&#160;</font></div><div style="line-height:130%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="6" rowspan="1"></td></tr><tr><td style="width:74%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:14%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">SHARES</font><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(1)</sup></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">WEIGHTED AVERAGE OPTION PRICE</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:Arial;font-size:8pt;font-style:italic;">(In&#160;millions)</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Options outstanding as of May&#160;31, 2018</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">93.2</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">40.73</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Exercised</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(18.2</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">29.70</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Forfeited</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(1.8</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">66.66</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Granted</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">18.1</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">81.79</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Options outstanding as of May&#160;31, 2019</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">91.3</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">50.59</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div><table cellpadding="0" cellspacing="0" style="padding-top:4px;padding-bottom:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:7pt;padding-left:0px;"><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">(1)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:7pt;"><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">Includes stock appreciation rights transactions.</font></div></td></tr></table></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:130%;padding-bottom:0px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">The weighted average assumptions used to estimate these fair values were as follows:</font></div><div style="line-height:130%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="7" rowspan="1"></td></tr><tr><td style="width:70%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#160;</font></div></td><td colspan="6" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">YEAR ENDED MAY 31,</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2019</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2018</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2017</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Dividend yield</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1.0</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1.2</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1.1</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">%</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Expected volatility</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">26.6</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">16.4</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">17.4</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">%</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Weighted average expected life (in years)</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">6.0</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">6.0</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">6.0</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Risk-free interest rate</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">2.8</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">%</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">2.0</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">%</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1.3</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">%</font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">The following summarizes the restricted stock and restricted stock unit activity under the plan discussed above:&#160;</font></div><div style="line-height:130%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="7" rowspan="1"></td></tr><tr><td style="width:73%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:14%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">SHARES</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">WEIGHTED AVERAGE GRANT DATE <br clear="none"/>FAIR VALUE</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:Arial;font-size:8pt;font-style:italic;">(In&#160;millions)</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Nonvested as of May&#160;31, 2018</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">2.8</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">59.14</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Vested</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(0.6</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;padding-left:6px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">59.01</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Forfeited</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(0.3</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;padding-left:6px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">66.24</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Granted</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">2.5</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;padding-left:6px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">80.95</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Nonvested as of May&#160;31, 2019</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">4.4</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;padding-left:6px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;padding-left:6px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">70.93</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:130%;padding-bottom:0px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Notes payable</font><font style="font-family:Arial;font-size:8.5pt;"> and interest-bearing accounts payable to Sojitz Corporation of America (&#8220;Sojitz America&#8221;) as of </font><font style="font-family:Arial;font-size:8.5pt;">May&#160;31, 2019</font><font style="font-family:Arial;font-size:8.5pt;"> and </font><font style="font-family:Arial;font-size:8.5pt;">2018</font><font style="font-family:Arial;font-size:8.5pt;"> are summarized below:</font></div><div style="line-height:130%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="14" rowspan="1"></td></tr><tr><td style="width:53%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:3%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:3%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="13" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">AS OF MAY 31,</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="6" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2019</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="6" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2018</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial Narrow;font-size:8.5pt;color:#000000;font-style:italic;">(Dollars in&#160;millions)</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">BORROWINGS</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">INTEREST RATE</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">BORROWINGS</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">INTEREST RATE</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Notes payable:</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Commercial paper</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">0.00</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">%</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">325</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1.77</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">U.S. operations</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">2</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">0.00</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">%</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(1)</sup>&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">0.00</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">%</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:7.5pt;"><font style="font-family:Arial;font-size:7.5pt;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(1)</sup>&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Non-U.S. operations</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">7</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">26.00</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">%</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(1)</sup>&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">10</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">18.11</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:7.5pt;"><font style="font-family:Arial;font-size:7.5pt;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(1)</sup>&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">TOTAL NOTES PAYABLE</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">9</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">336</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Interest-bearing accounts payable:</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Sojitz America</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">75</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">3.27</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">%</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">61</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">2.82</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">%</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr></table></div></div><table cellpadding="0" cellspacing="0" style="padding-top:4px;padding-bottom:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:7pt;padding-left:0px;"><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">(1)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:7pt;"><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">Weighted average interest rate includes non-interest bearing overdrafts.</font></div></td></tr></table></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:130%;padding-bottom:8px;padding-top:8px;font-size:18pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="1" rowspan="1"></td></tr><tr><td style="width:100%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:18pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:18pt;color:#e87722;font-style:normal;font-weight:bold;text-decoration:none;">NOTE&#160;17 &#8212; OPERATING SEGMENTS AND RELATED INFORMATION </font></div></td></tr></table></div></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">The Company's 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.</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Each NIKE Brand geographic segment operates predominantly in one industry: the design, development, marketing and selling of athletic footwear, apparel and equipment. The Company's reportable operating segments for the NIKE Brand are: North America; Europe, Middle East &amp; Africa; Greater China; and Asia Pacific &amp; Latin America, and include results for the NIKE, Jordan and Hurley brands.</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">The Company's NIKE Direct operations are managed within each NIKE Brand geographic operating segment. Converse is also a reportable segment for the Company, and operates in one industry: the design, marketing, licensing and selling of casual sneakers, apparel and accessories.</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">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 NIKE Brand licensing businesses that are not part of a geographic operating segment, and demand creation and operating overhead expense, including product creation and design expenses that are centrally managed for the NIKE Brand, as well as costs associated with NIKE Direct global digital operations and enterprise technology. </font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Corporate consists primarily of unallocated general and administrative expenses, including expenses associated with centrally managed departments; depreciation and amortization related to the Company's headquarters; unallocated insurance, benefit and compensation programs, including stock-based compensation; and certain foreign currency gains and losses, including certain hedge gains and losses.</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">The primary financial measure used by the Company to evaluate performance of individual operating segments is earnings before interest and taxes (commonly referred to as &#8220;EBIT&#8221;), which represents </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Net income</font><font style="font-family:Arial;font-size:8.5pt;"> before </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Interest expense (income), net</font><font style="font-family:Arial;font-size:8.5pt;"> and</font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;"> Income tax expense</font><font style="font-family:Arial;font-size:8.5pt;"> in the Consolidated Statements of Income.</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">As part of the Company's centrally managed foreign exchange risk management program, standard foreign currency rates are assigned twice per year to each NIKE Brand entity in the Company's geographic operating segments and to Converse. These rates are set approximately nine and twelve months in advance of the future selling seasons to which they relate (specifically, for each currency, one standard rate applies to the fall and holiday selling seasons and one standard rate applies to the spring and summer selling seasons) based on average market spot rates in the calendar month preceding the date they are established. </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Inventories</font><font style="font-family:Arial;font-size:8.5pt;"> and </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Cost of sales</font><font style="font-family:Arial;font-size:8.5pt;"> for geographic operating segments and Converse reflect the use of these standard rates to record non-functional currency product purchases in the entity's functional currency. Differences between assigned standard foreign currency rates and actual market rates are included in Corporate, together with foreign currency hedge gains and losses generated from the Company's centrally managed foreign exchange risk management program and other conversion gains and losses.</font></div><div style="line-height:130%;padding-bottom:0px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Accounts receivable, net, Inventories </font><font style="font-family:Arial;font-size:8.5pt;">and </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Property, plant and equipment, net</font><font style="font-family:Arial;font-size:8.5pt;"> 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.</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="10" rowspan="1"></td></tr><tr><td style="width:70%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="9" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">YEAR ENDED MAY 31,</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial Narrow;font-size:8.5pt;color:#000000;font-style:italic;">(Dollars in millions)</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2019</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2018</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2017</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">REVENUES</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">North America</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">15,902</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">14,855</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">15,216</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Europe, Middle East &amp; Africa</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">9,812</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">9,242</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">7,970</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Greater China</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">6,208</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">5,134</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">4,237</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Asia Pacific &amp; Latin America</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">5,254</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">5,166</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">4,737</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Global Brand Divisions</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">42</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">88</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">73</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Total NIKE Brand</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">37,218</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">34,485</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">32,233</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Converse</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1,906</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1,886</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">2,042</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Corporate</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(7</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">26</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">75</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">TOTAL NIKE, INC. REVENUES</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">39,117</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">36,397</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">34,350</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">EARNINGS BEFORE INTEREST AND TAXES</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">North America</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">3,925</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">3,600</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">3,875</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Europe, Middle East &amp; Africa</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1,995</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1,587</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1,507</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Greater China</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">2,376</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1,807</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1,507</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Asia Pacific &amp; Latin America</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1,323</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1,189</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">980</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Global Brand Divisions</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(3,262</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(2,658</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(2,677</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Total NIKE Brand</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">6,357</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">5,525</font></div></td><td style="vertical-align:bottom;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">5,192</font></div></td><td style="vertical-align:bottom;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Converse</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">303</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">310</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">477</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Corporate</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(1,810</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(1,456</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(724</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Total NIKE, Inc. Earnings Before Interest and Taxes</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">4,850</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">4,379</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">4,945</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Interest expense (income), net</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">49</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">54</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">59</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">TOTAL NIKE, INC. INCOME BEFORE INCOME TAXES</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">4,801</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">4,325</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">4,886</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">ADDITIONS TO LONG-LIVED ASSETS</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">North America</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">117</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">196</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">223</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Europe, Middle East &amp; Africa</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">233</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">240</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">173</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Greater China</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">49</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">76</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">51</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Asia Pacific &amp; Latin America</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">47</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">49</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">59</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Global Brand Divisions</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">278</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">286</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">278</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Total NIKE Brand</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">724</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">847</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">784</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Converse</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">18</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">22</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">30</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Corporate</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">333</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">325</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">387</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">TOTAL ADDITIONS TO LONG-LIVED ASSETS</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">1,075</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">1,194</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">1,201</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">DEPRECIATION</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">North America</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">149</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">160</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">140</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Europe, Middle East &amp; Africa</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">111</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">116</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">106</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Greater China</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">50</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">56</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">54</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Asia Pacific &amp; Latin America</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">53</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">55</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">54</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Global Brand Divisions</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">195</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">217</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">233</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Total NIKE Brand</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">558</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">604</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">587</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Converse</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">31</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">33</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">28</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Corporate</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">116</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">110</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">91</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">TOTAL DEPRECIATION</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">705</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">747</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">706</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:Arial;font-size:8.5pt;"><br clear="none"/></font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="7" rowspan="1"></td></tr><tr><td style="width:80%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="6" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">AS OF MAY 31,</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial Narrow;font-size:8.5pt;color:#000000;font-style:italic;">(Dollars in millions)</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2019</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2018</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">ACCOUNTS RECEIVABLE, NET</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">North America</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1,718</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1,443</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Europe, Middle East &amp; Africa</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1,164</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">870</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Greater China</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">245</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">101</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Asia Pacific &amp; Latin America</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">771</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">720</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Global Brand Divisions</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">105</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">102</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Total NIKE Brand</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">4,003</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">3,236</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Converse</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">243</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">240</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Corporate</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">26</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">22</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">TOTAL ACCOUNTS RECEIVABLE, NET</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">4,272</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">3,498</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">INVENTORIES</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">North America</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">2,328</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">2,270</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Europe, Middle East &amp; Africa</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1,390</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1,433</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Greater China</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">693</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">580</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Asia Pacific &amp; Latin America</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">694</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">687</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Global Brand Divisions</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">126</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">91</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Total NIKE Brand</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">5,231</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">5,061</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Converse</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">269</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">268</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Corporate</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">122</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(68</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">TOTAL INVENTORIES</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">5,622</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">5,261</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">PROPERTY, PLANT AND EQUIPMENT, NET</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">North America</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">814</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">848</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Europe, Middle East &amp; Africa</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">929</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">849</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Greater China</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">237</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">256</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Asia Pacific &amp; Latin America</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">326</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">339</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Global Brand Divisions</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">665</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">597</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Total NIKE Brand</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">2,971</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">2,889</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Converse</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">100</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">115</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Corporate</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1,673</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1,450</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">TOTAL PROPERTY, PLANT AND EQUIPMENT, NET</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">4,744</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">4,454</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:Arial;font-size:8.5pt;"><br clear="none"/></font></div><div style="line-height:100%;padding-bottom:8px;padding-top:16px;text-align:left;padding-left:0px;text-indent:0px;font-size:14pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:14pt;color:#000000;font-weight:bold;">REVENUES AND LONG-LIVED ASSETS BY GEOGRAPHIC AREA</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">After allocation of revenues for Global Brand Divisions, Converse and Corporate to geographical areas based on the location where the sales originated, revenues by geographical area are essentially the same as reported above for the NIKE Brand operating segments with the exception of the United States. Revenues derived in the United States were </font><font style="font-family:Arial;font-size:8.5pt;">$16,091 million</font><font style="font-family:Arial;font-size:8.5pt;">, </font><font style="font-family:Arial;font-size:8.5pt;">$15,314 million</font><font style="font-family:Arial;font-size:8.5pt;"> and </font><font style="font-family:Arial;font-size:8.5pt;">$15,778 million</font><font style="font-family:Arial;font-size:8.5pt;"> for the years ended </font><font style="font-family:Arial;font-size:8.5pt;">May&#160;31, 2019</font><font style="font-family:Arial;font-size:8.5pt;">, </font><font style="font-family:Arial;font-size:8.5pt;">2018</font><font style="font-family:Arial;font-size:8.5pt;"> and </font><font style="font-family:Arial;font-size:8.5pt;">2017</font><font style="font-family:Arial;font-size:8.5pt;">, respectively. </font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;font-size:10pt;"><font style="font-family:Arial;font-size:8.5pt;">The Company's largest concentrations of long-lived assets primarily consist of the Company's world headquarters and distribution facilities in the United States, as well as distribution facilities in Belgium and China. Long-lived assets attributable to operations in these countries, which are primarily composed of property, plant&#160;and equipment, net, were as follows: </font><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="7" rowspan="1"></td></tr><tr><td style="width:80%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="6" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">AS OF MAY 31,</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial Narrow;font-size:8.5pt;color:#000000;font-style:italic;">(Dollars in millions)</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2019</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2018</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">United States</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">3,174</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">2,930</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Belgium</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">618</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">534</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">China</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">242</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">262</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:100%;padding-bottom:8px;padding-top:16px;text-align:left;padding-left:0px;text-indent:0px;font-size:14pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:14pt;color:#000000;font-weight:bold;">STOCK-BASED COMPENSATION</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">The Company accounts for stock-based compensation by estimating the fair value, net of estimated forfeitures, of equity awards and recognizing the related expense as </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Cost of sales</font><font style="font-family:Arial;font-size:8.5pt;"> or </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Operating overhead expense</font><font style="font-family:Arial;font-size:8.5pt;">, as applicable, in the Consolidated Statements of Income on a straight-line basis over the vesting period. Substantially all awards vest ratably over </font><font style="font-family:Arial;font-size:8.5pt;">four</font><font style="font-family:Arial;font-size:8.5pt;"> years of continued employment, with stock options expiring </font><font style="font-family:Arial;font-size:8.5pt;">ten</font><font style="font-family:Arial;font-size:8.5pt;"> years from the date of grant. The fair value of options, stock appreciation rights, and employees' purchase rights under the employee stock purchase plans (ESPPs) is determined using the Black-Scholes option pricing model. The fair value of restricted stock and restricted stock units is established by the market price on the date of grant.</font></div></div><div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;"> From time to time, the Company's Board of Directors authorizes share repurchase programs for the repurchase of Class B Common Stock. The value of repurchased shares is deducted from </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Total shareholders' equity</font><font style="font-family:Arial;font-size:8.5pt;"> through allocation to </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Capital in excess</font><font style="font-family:Arial;font-size:8.5pt;"> </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">of stated value </font><font style="font-family:Arial;font-size:8.5pt;">and </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Retained earnings</font><font style="font-family:Arial;font-size:8.5pt;">.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:130%;padding-bottom:8px;padding-top:8px;font-size:18pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="1" rowspan="1"></td></tr><tr><td style="width:100%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="padding-top:18px;text-align:left;font-size:18pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:18pt;color:#e87722;font-style:normal;font-weight:bold;text-decoration:none;">NOTE&#160;7 &#8212; SHORT-TERM BORROWINGS AND CREDIT LINES</font></div></td></tr></table></div></div><div style="line-height:130%;padding-bottom:0px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Notes payable</font><font style="font-family:Arial;font-size:8.5pt;"> and interest-bearing accounts payable to Sojitz Corporation of America (&#8220;Sojitz America&#8221;) as of </font><font style="font-family:Arial;font-size:8.5pt;">May&#160;31, 2019</font><font style="font-family:Arial;font-size:8.5pt;"> and </font><font style="font-family:Arial;font-size:8.5pt;">2018</font><font style="font-family:Arial;font-size:8.5pt;"> are summarized below:</font></div><div style="line-height:130%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="14" rowspan="1"></td></tr><tr><td style="width:53%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:3%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:9%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:3%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="13" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">AS OF MAY 31,</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="6" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2019</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="6" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2018</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial Narrow;font-size:8.5pt;color:#000000;font-style:italic;">(Dollars in&#160;millions)</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">BORROWINGS</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">INTEREST RATE</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">BORROWINGS</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">INTEREST RATE</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Notes payable:</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Commercial paper</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">0.00</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">%</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">325</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1.77</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">U.S. operations</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">2</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">0.00</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">%</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(1)</sup>&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">0.00</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">%</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:7.5pt;"><font style="font-family:Arial;font-size:7.5pt;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(1)</sup>&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Non-U.S. operations</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">7</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">26.00</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">%</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(1)</sup>&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">10</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">18.11</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:7.5pt;"><font style="font-family:Arial;font-size:7.5pt;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(1)</sup>&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">TOTAL NOTES PAYABLE</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">9</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">336</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Interest-bearing accounts payable:</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Sojitz America</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">75</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">3.27</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">%</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">61</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">2.82</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">%</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr></table></div></div><table cellpadding="0" cellspacing="0" style="padding-top:4px;padding-bottom:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:7pt;padding-left:0px;"><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">(1)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:7pt;"><font style="font-family:Arial;font-size:7pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">Weighted average interest rate includes non-interest bearing overdrafts.</font></div></td></tr></table><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">The carrying amounts reflected in the Consolidated Balance Sheets for </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Notes payable</font><font style="font-family:Arial;font-size:8.5pt;"> approximate fair value.</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">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 Asia Pacific &amp; Latin America geographic operating segment and Canada, excluding products produced and sold in the same country. Accounts payable to Sojitz America are generally due up to </font><font style="font-family:Arial;font-size:8.5pt;">60</font><font style="font-family:Arial;font-size:8.5pt;"> days after shipment of goods from the foreign port. The interest rate on such accounts payable is the </font><font style="font-family:Arial;font-size:8.5pt;">60</font><font style="font-family:Arial;font-size:8.5pt;">-day London Interbank Offered Rate (&#8220;LIBOR&#8221;) as of the beginning of the month of the invoice date, plus </font><font style="font-family:Arial;font-size:8.5pt;">0.75%</font><font style="font-family:Arial;font-size:8.5pt;">.</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">As of </font><font style="font-family:Arial;font-size:8.5pt;">May&#160;31, 2019</font><font style="font-family:Arial;font-size:8.5pt;">, </font><font style="font-family:Arial;font-size:8.5pt;">no</font><font style="font-family:Arial;font-size:8.5pt;"> borrowings were outstanding under the Company's </font><font style="font-family:Arial;font-size:8.5pt;">$2 billion</font><font style="font-family:Arial;font-size:8.5pt;"> commercial paper program. As of May 31, 2018, the Company had </font><font style="font-family:Arial;font-size:8.5pt;">$325 million</font><font style="font-family:Arial;font-size:8.5pt;"> outstanding at a weighted average interest rate of </font><font style="font-family:Arial;font-size:8.5pt;">1.77%</font><font style="font-family:Arial;font-size:8.5pt;">. </font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">On August 28, 2015, the Company entered into a committed credit facility agreement with a syndicate of banks which provides for up to </font><font style="font-family:Arial;font-size:8.5pt;">$2 billion</font><font style="font-family:Arial;font-size:8.5pt;"> of borrowings. The facility matures August 28, 2020, with a </font><font style="font-family:Arial;font-size:8.5pt;">one</font><font style="font-family:Arial;font-size:8.5pt;">-year extension option prior to any anniversary of the closing date, provided that in no event shall it extend beyond August 28, 2022. Based on the Company's current long-term senior unsecured debt ratings of AA- and A1 from Standard and Poor's Corporation and Moody's Investor Services, respectively, the interest rate charged on any outstanding borrowings would be the prevailing LIBOR plus </font><font style="font-family:Arial;font-size:8.5pt;">0.455%</font><font style="font-family:Arial;font-size:8.5pt;">. The facility fee is </font><font style="font-family:Arial;font-size:8.5pt;">0.045%</font><font style="font-family:Arial;font-size:8.5pt;"> of the total commitment. Under the committed credit facility, the Company must maintain certain financial ratios, among other things, with which the Company was in compliance at </font><font style="font-family:Arial;font-size:8.5pt;">May&#160;31, 2019</font><font style="font-family:Arial;font-size:8.5pt;">. </font><font style="font-family:Arial;font-size:8.5pt;">No</font><font style="font-family:Arial;font-size:8.5pt;"> amounts were outstanding under the committed credit facility as of </font><font style="font-family:Arial;font-size:8.5pt;">May&#160;31, 2019</font><font style="font-family:Arial;font-size:8.5pt;"> or </font><font style="font-family:Arial;font-size:8.5pt;">2018</font><font style="font-family:Arial;font-size:8.5pt;">.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:100%;padding-bottom:8px;padding-top:20px;text-align:left;font-size:18pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="1" rowspan="1"></td></tr><tr><td style="width:100%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:18pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:18pt;color:#e87722;font-style:normal;font-weight:bold;text-decoration:none;">NOTE&#160;1 &#8212; SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES</font></div></td></tr></table></div></div><div style="line-height:100%;padding-bottom:8px;padding-top:16px;text-align:left;padding-left:0px;text-indent:0px;font-size:14pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:14pt;color:#000000;font-weight:bold;">DESCRIPTION OF BUSINESS</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">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 NIKE 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 and operating results of Jordan Brand products are reported within the respective NIKE Brand geographic operating segments. The Hurley brand is focused on action sports and youth lifestyle apparel and accessories under the Hurley trademark. Sales and operating results of Hurley brand products are reported within the NIKE Brand's North America geographic operating segment. Converse designs, distributes, licenses 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.</font></div><div style="line-height:100%;padding-bottom:8px;padding-top:16px;text-align:left;padding-left:0px;text-indent:0px;font-size:14pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:14pt;color:#000000;font-weight:bold;">BASIS OF CONSOLIDATION</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">The Consolidated Financial Statements include the accounts of NIKE, Inc. and its subsidiaries (the&#160;"Company" or "NIKE"). All significant intercompany transactions and balances have been eliminated.</font></div><div style="line-height:100%;padding-bottom:8px;padding-top:16px;text-align:left;padding-left:0px;text-indent:0px;font-size:14pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:14pt;color:#000000;font-weight:bold;">REVENUE RECOGNITION</font></div><div style="line-height:130%;padding-bottom:0px;padding-top:0px;text-align:left;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Beginning in fiscal 2019, the Company adopted Accounting Standards Update (ASU) No. 2014-09,&#160;</font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Revenue from Contracts with Customers </font><font style="font-family:Arial;font-size:8.5pt;">(Topic 606)</font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">.</font><font style="font-family:Arial;font-size:8.5pt;"> Prior period amounts have not been restated and continue to be reported in accordance with the Company's historical accounting policies. The Company's revenue recognition polices under Topic 606 are described in the following paragraphs and references to prior period policies under Accounting Standard Codification Topic 605 &#8212; </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Revenue Recognition </font><font style="font-family:Arial;font-size:8.5pt;">(Topic 605)</font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">,</font><font style="font-family:Arial;font-size:8.5pt;"> are included below in the event they are substantially different.</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Revenue transactions associated with the sale of NIKE Brand footwear, apparel and equipment, as well as Converse products, comprise a single performance obligation, which consists of the sale of products to customers either through wholesale or direct to consumer channels. The Company satisfies the performance obligation&#160;and records revenues when transfer of control has passed to the customer, based on the terms of sale. A customer is considered to have control once they are able to direct the use and receive substantially all of the benefits of the product. </font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Transfer of control passes to wholesale customers upon shipment or upon receipt depending on the country of the sale and the agreement with the customer. Control passes to retail store customers at the time of sale and to substantially all digital commerce customers upon shipment. Prior to June 1, 2018, the requirements for recognizing revenue were met upon delivery to the customer. The transaction price is determined based upon the invoiced sales price, less anticipated sales returns, discounts and miscellaneous claims from customers. Payment terms for wholesale transactions depend on the country of sale or agreement with the customer and payment is generally required within 90 days or less of shipment to or receipt by the wholesale customer. Payment is due at the time of sale for retail store and digital commerce transactions.</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Consideration for trademark licensing contracts is earned through sales-based or usage-based royalty arrangements and the associated revenues are recognized over the license period. </font></div><div style="line-height:130%;padding-bottom:0px;padding-top:0px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Taxes assessed by governmental authorities that are both imposed on and concurrent with a specific revenue-producing transaction, and are collected by the Company from a customer, are excluded from&#160;</font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Revenues&#160;</font><font style="font-family:Arial;font-size:8.5pt;">and&#160;</font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Cost of sales</font><font style="font-family:Arial;font-size:8.5pt;">&#160;in the Consolidated Statements of Income. Shipping and handling costs associated with outbound freight after control over a product has transferred to a customer are accounted for as a fulfillment cost and are included in&#160;</font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Cost of sales</font><font style="font-family:Arial;font-size:8.5pt;">&#160;when the related revenue is recognized.</font></div><div style="line-height:100%;padding-bottom:0px;padding-top:8px;text-align:left;padding-left:0px;text-indent:0px;font-size:11pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:11pt;color:#808080;font-style:normal;font-weight:bold;text-decoration:none;">SALES-RELATED RESERVES</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:0px;text-align:left;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Consideration promised in the Company's contracts with customers is variable due to anticipated reductions such as sales returns, discounts and miscellaneous claims from customers. The Company estimates the most likely amount it will be entitled to receive and records an anticipated reduction against </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Revenues</font><font style="font-family:Arial;font-size:8.5pt;">, with an offsetting increase to&#160;</font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Accrued liabilities</font><font style="font-family:Arial;font-size:8.5pt;">&#160;at the time revenues are recognized. The estimated cost of inventory for product returns is recorded in&#160;</font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Prepaid expenses and other current assets</font><font style="font-family:Arial;font-size:8.5pt;">&#160;on the Consolidated Balance Sheets. Prior to June 1, 2018, the Company's reserve balances were reported net of the estimated cost of inventory for product returns and recognized within&#160;</font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Accounts receivable, net</font><font style="font-family:Arial;font-size:8.5pt;">&#160;for wholesale transactions and </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Accrued liabilities</font><font style="font-family:Arial;font-size:8.5pt;"> for the Company's direct to consumer business, on the Consolidated Balance Sheets.</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">The provision for anticipated sales returns consists of both contractual return rights and discretionary authorized returns. Provisions for post-invoice sales discounts consist of both contractual programs and discretionary discounts that are expected to be granted at a later date.</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Estimates of discretionary authorized returns, discounts and claims are based on (1) historical rates, (2) specific identification of outstanding returns not yet received from customers and outstanding discounts and claims and (3) estimated returns, discounts and claims expected, but not yet finalized with customers.&#160;Actual returns, discounts and claims in any future period are inherently uncertain and thus may differ from estimates recorded. If actual or expected future returns, discounts or claims were significantly greater or lower than the reserves established, a reduction or increase to net revenues would be recorded in the period in which such determination was made.</font></div><div style="line-height:100%;padding-bottom:8px;padding-top:16px;text-align:left;padding-left:0px;text-indent:0px;font-size:14pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:14pt;color:#000000;font-weight:bold;">COST OF SALES</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Cost of sales </font><font style="font-family:Arial;font-size:8.5pt;">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 product design costs. Shipping and handling costs are expensed as incurred and included in </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Cost of sales</font><font style="font-family:Arial;font-size:8.5pt;">.</font></div><div style="line-height:100%;padding-bottom:8px;padding-top:16px;text-align:left;padding-left:0px;text-indent:0px;font-size:14pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:14pt;color:#000000;font-weight:bold;">DEMAND CREATION EXPENSE</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Demand creation expense</font><font style="font-family:Arial;font-size:8.5pt;"> consists of advertising and promotion costs, including costs of endorsement contracts, complimentary product, television, digital and print advertising and media costs, brand events and retail brand presentation. Advertising production costs are expensed the first time an advertisement is run. Advertising media 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 complete and delivered.</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">A significant amount of the Company's promotional expenses result from payments under endorsement contracts. In general, endorsement payments are expensed on a straight-line basis over the term of the contract. However, certain contract elements may be accounted for differently based upon the facts and circumstances of each individual contract. Prepayments made under contracts are included in </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Prepaid expenses and other current assets</font><font style="font-family:Arial;font-size:8.5pt;"> or </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Deferred income taxes and other assets </font><font style="font-family:Arial;font-size:8.5pt;">depending on the period to which the prepayment applies.</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Certain contracts provide for contingent payments to endorsers based upon specific achievements in their sport (e.g., winning a championship). The Company records </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Demand creation expense</font><font style="font-family:Arial;font-size:8.5pt;"> for these amounts when the endorser achieves the specific goal.</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Certain contracts provide for variable payments based 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). When the Company determines payments are probable, the amounts are reported in</font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;"> Demand creation expense</font><font style="font-family:Arial;font-size:8.5pt;"> ratably over the contract period based on the Company's best estimate of the endorser's performance. In these instances, to the extent actual payments to the endorser differ from the Company's estimate due to changes in the endorser's performance, adjustments to </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Demand creation expense</font><font style="font-family:Arial;font-size:8.5pt;"> may be recorded in a future period.</font></div><div style="line-height:130%;padding-bottom:6px;padding-top:6px;text-align:left;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Certain contracts provide for royalty payments to endorsers based upon a predetermined percent of sales of particular products, which the Company records in </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Cost of sales</font><font style="font-family:Arial;font-size:8.5pt;"> as the related sales occur.&#160;For contracts containing minimum guaranteed royalty payments, the Company records the amount of any guaranteed payment in excess of that earned through sales of product within </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Demand creation expense</font><font style="font-family:Arial;font-size:8.5pt;">.</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Through cooperative advertising programs, the Company reimburses its wholesale customers for certain costs of advertising the Company's products. The Company records these costs in </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Demand creation expense</font><font style="font-family:Arial;font-size:8.5pt;"> at the point in time when it is obligated to its customers for the costs. This obligation may arise prior to the related advertisement being run.</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Total advertising and promotion expenses, which the Company refers to as </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Demand creation expense</font><font style="font-family:Arial;font-size:8.5pt;">, were </font><font style="font-family:Arial;font-size:8.5pt;">$3,753 million</font><font style="font-family:Arial;font-size:8.5pt;">, </font><font style="font-family:Arial;font-size:8.5pt;">$3,577 million</font><font style="font-family:Arial;font-size:8.5pt;"> and </font><font style="font-family:Arial;font-size:8.5pt;">$3,341 million</font><font style="font-family:Arial;font-size:8.5pt;"> for the years ended </font><font style="font-family:Arial;font-size:8.5pt;">May&#160;31, 2019</font><font style="font-family:Arial;font-size:8.5pt;">, </font><font style="font-family:Arial;font-size:8.5pt;">2018</font><font style="font-family:Arial;font-size:8.5pt;"> and </font><font style="font-family:Arial;font-size:8.5pt;">2017</font><font style="font-family:Arial;font-size:8.5pt;">, respectively. Prepaid advertising and promotion expenses totaled </font><font style="font-family:Arial;font-size:8.5pt;">$773 million</font><font style="font-family:Arial;font-size:8.5pt;"> and </font><font style="font-family:Arial;font-size:8.5pt;">$730 million</font><font style="font-family:Arial;font-size:8.5pt;"> at </font><font style="font-family:Arial;font-size:8.5pt;">May&#160;31, 2019</font><font style="font-family:Arial;font-size:8.5pt;"> and </font><font style="font-family:Arial;font-size:8.5pt;">2018</font><font style="font-family:Arial;font-size:8.5pt;">, respectively, of which </font><font style="font-family:Arial;font-size:8.5pt;">$333 million</font><font style="font-family:Arial;font-size:8.5pt;"> and </font><font style="font-family:Arial;font-size:8.5pt;">$359 million</font><font style="font-family:Arial;font-size:8.5pt;">, respectively, was recorded in </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Prepaid expenses and other current assets</font><font style="font-family:Arial;font-size:8.5pt;">, and </font><font style="font-family:Arial;font-size:8.5pt;">$440 million</font><font style="font-family:Arial;font-size:8.5pt;"> and </font><font style="font-family:Arial;font-size:8.5pt;">$371 million</font><font style="font-family:Arial;font-size:8.5pt;">, respectively, was recorded in </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Deferred income taxes and other assets</font><font style="font-family:Arial;font-size:8.5pt;">, depending on the period to which the prepayment applied.</font></div><div style="line-height:100%;padding-bottom:8px;padding-top:16px;text-align:left;padding-left:0px;text-indent:0px;font-size:14pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:14pt;color:#000000;font-weight:bold;">OPERATING OVERHEAD EXPENSE</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Operating overhead </font><font style="font-family:Arial;font-size:8.5pt;">expense consists primarily of wage and benefit-related expenses, research and development costs, as well as other administrative expenses, such as rent, depreciation and amortization, professional services, meetings and travel.</font></div><div style="line-height:100%;padding-bottom:8px;padding-top:16px;text-align:left;padding-left:0px;text-indent:0px;font-size:14pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:14pt;color:#000000;font-weight:bold;">CASH AND EQUIVALENTS</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Cash and equivalents </font><font style="font-family:Arial;font-size:8.5pt;">represent cash and short-term, highly liquid investments, that are both readily convertible to known amounts of cash, and so near their maturity they present insignificant risk of changes in value because of changes in interest rates, 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.</font></div><div style="line-height:100%;padding-bottom:8px;padding-top:16px;text-align:left;padding-left:0px;text-indent:0px;font-size:14pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:14pt;color:#000000;font-weight:bold;">SHORT-TERM INVESTMENTS</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Short-term investments </font><font style="font-family:Arial;font-size:8.5pt;">consist of highly liquid investments, including commercial paper, U.S. Treasury, U.S. Agency, time deposits and corporate debt securities, with maturities over 90 days at the date of purchase. Debt securities the Company has the ability and positive intent to hold to maturity are carried at amortized cost. At </font><font style="font-family:Arial;font-size:8.5pt;">May&#160;31, 2019</font><font style="font-family:Arial;font-size:8.5pt;"> and </font><font style="font-family:Arial;font-size:8.5pt;">2018</font><font style="font-family:Arial;font-size:8.5pt;">, the Company did not hold any short-term investments classified as trading or held-to-maturity.</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">At </font><font style="font-family:Arial;font-size:8.5pt;">May&#160;31, 2019</font><font style="font-family:Arial;font-size:8.5pt;"> and </font><font style="font-family:Arial;font-size:8.5pt;">2018</font><font style="font-family:Arial;font-size:8.5pt;">, </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Short-term investments</font><font style="font-family:Arial;font-size:8.5pt;"> consisted of available-for-sale debt securities, which are recorded at fair value with unrealized gains and losses reported, net of tax, in </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Accumulated other comprehensive income (loss)</font><font style="font-family:Arial;font-size:8.5pt;">, 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 debt 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 </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Short-term investments</font><font style="font-family:Arial;font-size:8.5pt;"> on the Consolidated Balance Sheets.</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Refer to </font><font style="font-family:Arial;font-size:8.5pt;">Note&#160;6 &#8212; Fair Value Measurements</font><font style="font-family:Arial;font-size:8.5pt;"> for more information on the Company's short-term investments.</font></div><div style="line-height:100%;padding-bottom:8px;padding-top:16px;text-align:left;padding-left:0px;text-indent:0px;font-size:14pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:14pt;color:#000000;font-weight:bold;">ALLOWANCE FOR UNCOLLECTIBLE ACCOUNTS RECEIVABLE</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Accounts receivable, net </font><font style="font-family:Arial;font-size:8.5pt;">consist 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 inability 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 receivable with anticipated collection dates greater than 12 months from the balance sheet date and related allowances are considered non-current and recorded in </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Deferred income taxes and other assets</font><font style="font-family:Arial;font-size:8.5pt;">. The allowance for uncollectible accounts receivable was </font><font style="font-family:Arial;font-size:8.5pt;">$30 million</font><font style="font-family:Arial;font-size:8.5pt;"> at both </font><font style="font-family:Arial;font-size:8.5pt;">May&#160;31, 2019</font><font style="font-family:Arial;font-size:8.5pt;"> and </font><font style="font-family:Arial;font-size:8.5pt;">2018</font><font style="font-family:Arial;font-size:8.5pt;">.</font></div><div style="line-height:100%;padding-bottom:8px;padding-top:16px;text-align:left;padding-left:0px;text-indent:0px;font-size:14pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:14pt;color:#000000;font-weight:bold;">INVENTORY VALUATION</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Inventories</font><font style="font-family:Arial;font-size:8.5pt;"> are stated at lower of cost and net realizable value, and valued on either an average or a specific identification cost basis. In some instances, we ship product directly from our supplier to the customer, with the related inventory and cost of sales 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.</font></div><div style="line-height:100%;padding-bottom:8px;padding-top:16px;text-align:left;padding-left:0px;text-indent:0px;font-size:14pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:14pt;color:#000000;font-weight:bold;">PROPERTY, PLANT AND EQUIPMENT AND DEPRECIATION</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Property, plant and equipment are recorded at cost. Depreciation is determined on a straight-line basis for land improvements, buildings and leasehold improvements over </font><font style="font-family:Arial;font-size:8.5pt;">2</font><font style="font-family:Arial;font-size:8.5pt;"> to </font><font style="font-family:Arial;font-size:8.5pt;">40</font><font style="font-family:Arial;font-size:8.5pt;"> years and for machinery and equipment over </font><font style="font-family:Arial;font-size:8.5pt;">2</font><font style="font-family:Arial;font-size:8.5pt;"> to </font><font style="font-family:Arial;font-size:8.5pt;">15</font><font style="font-family:Arial;font-size:8.5pt;"> years.</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Depreciation and amortization of assets used in manufacturing, warehousing and product distribution are recorded in </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Cost of sales</font><font style="font-family:Arial;font-size:8.5pt;">. Depreciation and amortization of all other assets are recorded in </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Operating overhead expense</font><font style="font-family:Arial;font-size:8.5pt;">.</font></div><div style="line-height:100%;padding-bottom:8px;padding-top:16px;text-align:left;padding-left:0px;text-indent:0px;font-size:14pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:14pt;color:#000000;font-weight:bold;">SOFTWARE DEVELOPMENT COSTS</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Internal Use Software</font><font style="font-family:Arial;font-size:8.5pt;">: Expenditures for major software purchases and software developed for internal use are capitalized and amortized over a </font><font style="font-family:Arial;font-size:8.5pt;">2</font><font style="font-family:Arial;font-size:8.5pt;"> to </font><font style="font-family:Arial;font-size:8.5pt;">12</font><font style="font-family:Arial;font-size:8.5pt;">-year period on a straight-line basis. The Company's policy provides for the capitalization of external direct costs 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.</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Computer Software to be Sold, Leased or Otherwise Marketed</font><font style="font-family:Arial;font-size:8.5pt;">: 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 product's technological feasibility has been established and ending when a product is available for general release to customers. In most instances, the Company's 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.</font></div><div style="line-height:100%;padding-bottom:8px;padding-top:16px;text-align:left;padding-left:0px;text-indent:0px;font-size:14pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:14pt;color:#000000;font-weight:bold;">IMPAIRMENT OF LONG-LIVED ASSETS</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">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 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 affect 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 of 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 recoverability 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 group's carrying amount and its estimated fair value.</font></div><div style="line-height:100%;padding-bottom:8px;padding-top:16px;text-align:left;padding-left:0px;text-indent:0px;font-size:14pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:14pt;color:#000000;font-weight:bold;">GOODWILL AND INDEFINITE-LIVED INTANGIBLE ASSETS</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">The Company performs annual impairment tests on goodwill and intangible assets with indefinite lives in the fourth quarter of each fiscal year or when 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 than 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 it is more likely than not that the fair value of the reporting unit is greater than its carrying amount, an impairment test is unnecessary. If an impairment test is necessary, the Company will estimate the fair value of its related reporting units. If the carrying value of a reporting unit exceeds its fair value, the goodwill of that reporting unit is determined to be impaired and the Company will proceed with recording an impairment charge equal to the excess of the carrying value over the related fair value. </font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Indefinite-lived intangible assets primarily consist of acquired trade names and trademarks. The Company may first perform a qualitative assessment to determine whether it is more likely than not that an indefinite-lived intangible asset is impaired. If, after assessing the totality of events and circumstances, the Company determines it is more likely than not that the indefinite-lived intangible asset is not impaired, no quantitative fair value measurement is necessary. If a quantitative fair value measurement calculation is required for these intangible assets, the Company primarily utilizes the relief-from-royalty method. This method assumes trade names and trademarks have value to the extent their owner is relieved of the obligation to pay royalties for the benefits received from them. This method requires the Company to estimate the future revenue for the related brands, the appropriate royalty rate and the weighted average cost of capital. If the carrying value of the indefinite-lived intangible exceeds its fair value, the asset is determined to be impaired and the Company will proceed with recording an impairment charge equal to the excess of the carrying value over the related fair value.</font></div><div style="line-height:100%;padding-bottom:8px;padding-top:16px;text-align:left;padding-left:0px;text-indent:0px;font-size:14pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:14pt;color:#000000;font-weight:bold;">OPERATING LEASES</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">The Company leases retail store space, certain distribution and warehouse facilities, office space, equipment and other non-real estate assets under operating leases. Operating lease agreements may contain rent escalation clauses, renewal options, 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 lease 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 rent, which is generally 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 specified levels during the period is probable.</font></div><div style="line-height:100%;padding-bottom:8px;padding-top:16px;text-align:left;padding-left:0px;text-indent:0px;font-size:14pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:14pt;color:#000000;font-weight:bold;">FAIR VALUE MEASUREMENTS</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">The Company measures certain financial assets and liabilities at fair value on a recurring basis, including derivatives, equity securities and available-for-sale debt securities. Fair value is the price the Company would receive to sell an asset or pay to transfer a liability in an orderly transaction with a market participant at the measurement date. The Company uses a three-level hierarchy established by the Financial Accounting Standards Board (FASB) that prioritizes fair value measurements based on the types of inputs used for the various valuation techniques (market approach, income approach and cost approach).</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">The levels of the fair value hierarchy are described below:</font></div><table cellpadding="0" cellspacing="0" style="padding-top:4px;padding-bottom:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:130%;font-size:8.5pt;padding-left:12px;"><font style="font-family:Arial;font-size:8.5pt;color:#e87722;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:130%;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Level 1:&#160;Quoted prices in active markets for identical assets or liabilities.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:4px;padding-bottom:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:130%;font-size:8.5pt;padding-left:12px;"><font style="font-family:Arial;font-size:8.5pt;color:#e87722;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:130%;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Level 2:&#160;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.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:4px;padding-bottom:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:130%;font-size:8.5pt;padding-left:12px;"><font style="font-family:Arial;font-size:8.5pt;color:#e87722;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:130%;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Level 3:&#160;Unobservable inputs with little or no market data available, which require the reporting entity to develop its own assumptions.</font></div></td></tr></table><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">The Company's assessment of the significance of a particular input to the fair value measurement in its entirety requires judgment and considers factors specific to the asset or liability.&#160;Financial assets and liabilities are classified in their entirety based on the most conservative level of input that is significant to the fair value measurement.</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Pricing vendors are utilized for a majority of Level 1 and Level 2 investments. These vendors either provide a quoted market price in an active market or use observable inputs without applying significant adjustments in their pricing. Observable inputs include broker quotes, interest rates and yield curves observable at commonly quoted intervals, volatilities and credit risks. The fair value of derivative contracts is determined using observable market inputs such as the daily market foreign currency rates, forward pricing curves, currency volatilities, currency correlations and interest rates and considers nonperformance risk of the Company and its counterparties. </font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">The Company's fair value measurement process includes comparing fair values to another independent pricing vendor to ensure appropriate fair values are recorded.</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Refer to </font><font style="font-family:Arial;font-size:8.5pt;">Note&#160;6 &#8212; Fair Value Measurements</font><font style="font-family:Arial;font-size:8.5pt;"> for additional information.</font></div><div style="line-height:100%;padding-bottom:8px;padding-top:16px;text-align:left;padding-left:0px;text-indent:0px;font-size:14pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:14pt;color:#000000;font-weight:bold;">FOREIGN CURRENCY TRANSLATION AND FOREIGN CURRENCY TRANSACTIONS</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Adjustments resulting from translating foreign functional currency financial statements into U.S. Dollars are included in the foreign currency translation adjustment, a component of </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Accumulated other comprehensive income (loss)</font><font style="font-family:Arial;font-size:8.5pt;"> in </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Total shareholders' equity</font><font style="font-family:Arial;font-size:8.5pt;">.</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">The Company's global subsidiaries have various assets and liabilities, primarily receivables and payables, which are denominated in currencies other than their functional currency. These balance sheet items are subject to re-measurement, the impact of which is recorded in </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Other (income) expense, net</font><font style="font-family:Arial;font-size:8.5pt;">, within the Consolidated Statements of Income.</font></div><div style="line-height:100%;padding-bottom:8px;padding-top:16px;text-align:left;padding-left:0px;text-indent:0px;font-size:14pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:14pt;color:#000000;font-weight:bold;">ACCOUNTING FOR DERIVATIVES AND HEDGING ACTIVITIES</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">The Company uses derivative financial instruments to reduce its exposure to changes in foreign currency exchange rates and interest rates. All derivatives are recorded at fair value on the Consolidated Balance Sheets and changes in the fair value of derivative financial instruments are either recognized in </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Accumulated other comprehensive income (loss)</font><font style="font-family:Arial;font-size:8.5pt;"> (a component of </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Total shareholders' equity</font><font style="font-family:Arial;font-size:8.5pt;">), </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Long-term debt </font><font style="font-family:Arial;font-size:8.5pt;">or </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Net income</font><font style="font-family:Arial;font-size:8.5pt;"> 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 flows 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 </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Cash provided by operations</font><font style="font-family:Arial;font-size:8.5pt;"> component of the Consolidated Statements of Cash Flows. For designated net investment hedges, this is within the </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Cash used by investing activities</font><font style="font-family:Arial;font-size:8.5pt;"> component of the Consolidated Statements of Cash Flows. For the Company's fair value hedges, which are interest rate 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 </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Cash provided by operations</font><font style="font-family:Arial;font-size:8.5pt;"> component of the Consolidated Statements of Cash Flows. Refer to </font><font style="font-family:Arial;font-size:8.5pt;">Note&#160;14 &#8212; Risk Management and Derivatives</font><font style="font-family:Arial;font-size:8.5pt;"> for additional information on the Company's risk management program and derivatives.</font></div><div style="line-height:100%;padding-bottom:8px;padding-top:16px;text-align:left;padding-left:0px;text-indent:0px;font-size:14pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:14pt;color:#000000;font-weight:bold;">STOCK-BASED COMPENSATION</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">The Company accounts for stock-based compensation by estimating the fair value, net of estimated forfeitures, of equity awards and recognizing the related expense as </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Cost of sales</font><font style="font-family:Arial;font-size:8.5pt;"> or </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Operating overhead expense</font><font style="font-family:Arial;font-size:8.5pt;">, as applicable, in the Consolidated Statements of Income on a straight-line basis over the vesting period. Substantially all awards vest ratably over </font><font style="font-family:Arial;font-size:8.5pt;">four</font><font style="font-family:Arial;font-size:8.5pt;"> years of continued employment, with stock options expiring </font><font style="font-family:Arial;font-size:8.5pt;">ten</font><font style="font-family:Arial;font-size:8.5pt;"> years from the date of grant. The fair value of options, stock appreciation rights, and employees' purchase rights under the employee stock purchase plans (ESPPs) is determined using the Black-Scholes option pricing model. The fair value of restricted stock and restricted stock units is established by the market price on the date of grant.</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Refer to </font><font style="font-family:Arial;font-size:8.5pt;">Note&#160;11 &#8212; Common Stock and Stock-Based Compensation</font><font style="font-family:Arial;font-size:8.5pt;"> for additional information on the Company's stock-based compensation programs.</font></div><div style="line-height:100%;padding-bottom:8px;padding-top:16px;text-align:left;padding-left:0px;text-indent:0px;font-size:14pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:14pt;color:#000000;font-weight:bold;">INCOME TAXES</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">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. </font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">The Company recognizes a tax benefit from uncertain tax positions in the financial statements only when it is more likely than not the position will be sustained upon examination by relevant tax authorities. The Company recognizes interest and penalties related to income tax matters in </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Income tax expense</font><font style="font-family:Arial;font-size:8.5pt;">.</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Refer to </font><font style="font-family:Arial;font-size:8.5pt;">Note&#160;9 &#8212; Income Taxes</font><font style="font-family:Arial;font-size:8.5pt;"> for further discussion.</font></div><div style="line-height:100%;padding-bottom:8px;padding-top:16px;text-align:left;padding-left:0px;text-indent:0px;font-size:14pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:14pt;color:#000000;font-weight:bold;">EARNINGS PER SHARE</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Basic earnings per common share is calculated by dividing </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Net income</font><font style="font-family:Arial;font-size:8.5pt;"> 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.</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Refer to </font><font style="font-family:Arial;font-size:8.5pt;">Note&#160;12 &#8212; Earnings Per Share</font><font style="font-family:Arial;font-size:8.5pt;"> for further discussion.</font></div><div style="line-height:100%;padding-bottom:8px;padding-top:16px;text-align:left;padding-left:0px;text-indent:0px;font-size:14pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:14pt;color:#000000;font-weight:bold;">MANAGEMENT ESTIMATES</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">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 estimates.</font></div><div style="line-height:100%;padding-bottom:8px;padding-top:16px;text-align:left;padding-left:0px;text-indent:0px;font-size:14pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:14pt;color:#000000;font-weight:bold;">RECENTLY ADOPTED ACCOUNTING STANDARDS</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">In May 2014, the Financial Accounting Standards Board (FASB) issued Topic 606, which replaces existing revenue recognition guidance. The new standard requires companies to recognize revenue in a way that depicts the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. In addition, Topic 606 requires disclosures of the nature, amount, timing and uncertainty of revenue and cash flows arising from contracts with customers. The Company adopted this standard using a modified retrospective approach in the first quarter of fiscal 2019 with the cumulative effect of initially applying the standard recognized in </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Retained earnings</font><font style="font-family:Arial;font-size:8.5pt;"> at June 1, 2018. Comparative prior period information has not been adjusted and continues to be reported in accordance with previous revenue recognition guidance in Topic 605. The Company has applied the new standard to all contracts at adoption.</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">The Company's adoption of Topic 606 resulted in a change to the timing of revenue recognition. The satisfaction of the Company's performance obligation is based upon transfer of control over a product to a customer, which results in sales being recognized upon shipment rather than upon delivery for certain wholesale transactions and substantially all digital commerce sales. A customer is considered to have control once they are able to direct the use and receive substantially all of the benefits of the product. This resulted in a cumulative effect adjustment, which increased </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Retained earnings</font><font style="font-family:Arial;font-size:8.5pt;"> by </font><font style="font-family:Arial;font-size:8.5pt;">$23 million</font><font style="font-family:Arial;font-size:8.5pt;"> at June 1, 2018. The adoption of Topic 606 did not have a material effect on the Consolidated Statements of Income for fiscal 2019.</font></div><div style="line-height:130%;padding-bottom:0px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Additionally, the Company's reserve balances for returns, post-invoice sales discounts and miscellaneous claims for wholesale transactions were previously reported net of the estimated cost of inventory for product returns, and as a reduction to </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Accounts receivable, net</font><font style="font-family:Arial;font-size:8.5pt;"> on the Consolidated Balance Sheets. Under Topic 606, an asset for the estimated cost of inventory for expected products returns is now recognized separately from the liability for sales-related reserves. This resulted in an increase to </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Accounts receivable, net</font><font style="font-family:Arial;font-size:8.5pt;">, an increase in </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Prepaid expenses and other current assets</font><font style="font-family:Arial;font-size:8.5pt;"> and an increase in </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Accrued liabilities</font><font style="font-family:Arial;font-size:8.5pt;"> on the Consolidated Balance Sheets at </font><font style="font-family:Arial;font-size:8.5pt;">May&#160;31, 2019</font><font style="font-family:Arial;font-size:8.5pt;">. Sales-related reserves for the Company's direct to consumer operations continue to be recognized in </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Accrued liabilities</font><font style="font-family:Arial;font-size:8.5pt;">, but are now recorded separately from an asset for the estimated cost of inventory for expected product returns, which is recognized in </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Prepaid expenses and other current assets</font><font style="font-family:Arial;font-size:8.5pt;">. The following table presents the related effect of the adoption of Topic 606 on the Consolidated Balance Sheets at </font><font style="font-family:Arial;font-size:8.5pt;">May&#160;31, 2019</font><font style="font-family:Arial;font-size:8.5pt;">:</font></div><div style="line-height:130%;padding-bottom:0px;padding-top:0px;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="10" rowspan="1"></td></tr><tr><td style="width:52%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:14%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:14%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:14%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="9" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">AS OF MAY&#160;31, 2019</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial Narrow;font-size:8.5pt;color:#000000;font-style:italic;">(Dollars in millions)</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">AS REPORTED</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">EFFECT OF ADOPTION</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">BALANCES WITHOUT ADOPTION OF <br clear="none"/>TOPIC 606</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Accounts receivable, net</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">4,272</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">782</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">3,490</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Prepaid expenses and other current assets</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1,968</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">410</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1,558</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Total current assets</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">16,525</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1,192</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">15,333</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">TOTAL ASSETS</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">23,717</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">1,192</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">22,525</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Accrued liabilities</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">5,010</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1,192</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">3,818</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Total current liabilities</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">7,866</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1,192</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">6,674</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">23,717</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">1,192</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">22,525</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:Arial;font-size:8.5pt;"><br clear="none"/></font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Other impacts from the adoption of Topic 606 on the Consolidated Financial Statements were immaterial. Refer to </font><font style="font-family:Arial;font-size:8.5pt;">Note&#160;16 &#8212; Revenues</font><font style="font-family:Arial;font-size:8.5pt;"> for further discussion. </font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">In February 2018, the FASB issued ASU No. 2018-02,&#160;</font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Income Statement&#160;&#8212;&#160;Reporting Comprehensive Income (Topic 220): Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income (Loss)</font><font style="font-family:Arial;font-size:8.5pt;">. The standard allows for reclassification of stranded tax effects on items resulting from the Tax Cuts and Jobs Act (the &#8220;Tax Act&#8221;) from&#160;</font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Accumulated other comprehensive income (loss)</font><font style="font-family:Arial;font-size:8.5pt;">&#160;to&#160;</font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Retained earnings</font><font style="font-family:Arial;font-size:8.5pt;">. Tax effects unrelated to the Tax Act are released from&#160;</font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Accumulated other comprehensive income (loss)</font><font style="font-family:Arial;font-size:8.5pt;">&#160;using either the specific identification approach or the portfolio approach based on the nature of the underlying item. The Company early adopted the ASU in the third quarter of fiscal 2018. As a result of the adoption,&#160;Retained earnings&#160;decreased by&#160;</font><font style="font-family:Arial;font-size:8.5pt;">$17 million</font><font style="font-family:Arial;font-size:8.5pt;">, with a corresponding increase to&#160;</font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Accumulated other comprehensive income (loss)</font><font style="font-family:Arial;font-size:8.5pt;">&#160;due to the reduction in the corporate tax rate from 35% to 21%. Refer to&#160;</font><font style="font-family:Arial;font-size:8.5pt;">Note&#160;9 &#8212; Income Taxes</font><font style="font-family:Arial;font-size:8.5pt;">&#160;for additional information on the impact of the Tax Act.</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">In March 2016, the FASB issued ASU No. 2016-09,&#160;</font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Compensation&#160;&#8212;&#160;Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting</font><font style="font-family:Arial;font-size:8.5pt;">, which changes how companies account for certain aspects of share-based payment awards to employees. The Company adopted the ASU in the first quarter of fiscal 2018. The updated guidance requires excess tax benefits and deficiencies from share-based payment awards to be recorded in income tax expense in the income statement. Previously, excess tax benefits and deficiencies were recognized in shareholders' equity on the balance sheet. This change is required to be applied prospectively. During fiscal 2019 and fiscal 2018, the Company recognized </font><font style="font-family:Arial;font-size:8.5pt;">$175 million</font><font style="font-family:Arial;font-size:8.5pt;">&#160;and </font><font style="font-family:Arial;font-size:8.5pt;">$230 million</font><font style="font-family:Arial;font-size:8.5pt;">, respectively, of excess tax benefits related to share-based payment awards in&#160;</font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Income tax expense</font><font style="font-family:Arial;font-size:8.5pt;">&#160;in the Consolidated Statements of Income.</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">In October 2016, the FASB issued ASU No. 2016-16, </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Income Taxes (Topic 740): Intra-Entity Transfers of Assets Other Than Inventory</font><font style="font-family:Arial;font-size:8.5pt;">. The updated guidance requires companies to recognize the income tax consequences of an intra-entity transfer of an asset other than inventory when the transfer occurs. Income tax effects of intra-entity transfers of inventory will continue to be deferred until the inventory has been sold to a third party. The Company adopted the standard on June 1, 2018, using a modified retrospective approach, with the cumulative effect of applying the new standard recognized in </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Retained earnings</font><font style="font-family:Arial;font-size:8.5pt;"> at the date of adoption. The adoption resulted in reductions to </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Retained earnings, Deferred income taxes and other assets</font><font style="font-family:Arial;font-size:8.5pt;">, and </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Prepaid expenses and other current assets</font><font style="font-family:Arial;font-size:8.5pt;"> of </font><font style="font-family:Arial;font-size:8.5pt;">$507 million</font><font style="font-family:Arial;font-size:8.5pt;">, </font><font style="font-family:Arial;font-size:8.5pt;">$422 million</font><font style="font-family:Arial;font-size:8.5pt;"> and </font><font style="font-family:Arial;font-size:8.5pt;">$45 million</font><font style="font-family:Arial;font-size:8.5pt;">, respectively, and an increase in </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Deferred income taxes and other liabilities</font><font style="font-family:Arial;font-size:8.5pt;"> of </font><font style="font-family:Arial;font-size:8.5pt;">$40 million</font><font style="font-family:Arial;font-size:8.5pt;"> on the Consolidated Balance Sheets.</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">In August 2017, the FASB issued ASU No. 2017-12,&#160;</font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Derivatives and Hedging (Topic 815): Targeted Improvements to Accounting for Hedging Activities</font><font style="font-family:Arial;font-size:8.5pt;">, which expands and refines hedge accounting for both financial and non-financial risk components, aligns the recognition and presentation of the effects of hedging instruments and hedge items in the financial statements, and includes certain targeted improvements to ease the application of current guidance related to the assessment of hedge effectiveness.&#160;The Company elected to early adopt the ASU in the first quarter of fiscal 2019 and the adoption of the new guidance did not have a material impact on the Consolidated Financial Statements.</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">In January 2017, the FASB issued ASU 2017-04, </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Simplifying the Test for Goodwill Impairment, </font><font style="font-family:Arial;font-size:8.5pt;">which simplified the accounting for goodwill impairment by eliminating the requirement to calculate the implied fair value of goodwill in measuring an impairment charge, previously Step 2 of the goodwill impairment test. Under the new standard, an impairment charge is recorded based on the excess of a reporting unit's carrying amount over its fair value, previously Step 1 of the goodwill impairment test. The guidance still allows companies to perform the optional qualitative assessment before determining whether to proceed to Step 1. The Company adopted the ASU in the first quarter of fiscal 2019 and the adoption of this standard did not have a material impact on the Consolidated Financial Statements.</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">In January 2016, the FASB issued ASU No. 2016-01,&#160;</font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Financial Instruments &#8212; Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities</font><font style="font-family:Arial;font-size:8.5pt;">. The updated guidance enhances the reporting model for financial instruments, which includes amendments to address aspects of recognition, measurement, presentation and disclosure.&#160;The Company adopted the ASU in the first quarter of fiscal 2019 and the adoption of the new guidance did not have a material impact on the Consolidated Financial Statements.</font></div><div style="line-height:100%;padding-bottom:8px;padding-top:16px;text-align:left;padding-left:0px;text-indent:0px;font-size:14pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:14pt;color:#000000;font-weight:bold;">RECENTLY ISSUED ACCOUNTING STANDARDS</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">In February 2016, the FASB issued ASU No. 2016-02, </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Leases (Topic 842)</font><font style="font-family:Arial;font-size:8.5pt;">, which replaces existing lease accounting guidance. The new standard is intended to provide enhanced transparency and comparability by requiring lessees to record right-of-use (ROU) assets and corresponding lease liabilities on the balance sheet. ROU assets represent the Company's right to use an underlying asset for the lease term and lease liabilities represent the Company's obligation to make lease payments arising from the lease. The new guidance will require the Company to continue to classify leases as either an operating or finance lease, with classification affecting the pattern of expense recognition in the income statement. In addition, the new standard requires enhanced disclosure surrounding the amount, timing and uncertainty of cash flows arising from leasing agreements. In July 2018, the FASB issued ASU No. 2018-11, which provides entities with an additional transition method to adopt Topic 842. Under the new transition method, an entity initially applies the new standard at the adoption date, versus at the beginning of the earliest period presented, and recognizes a cumulative-effect adjustment to the opening balance of retained earnings in the period of adoption. The Company will elect this transition method at the adoption date of June 1, 2019. </font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Upon adoption, the Company will elect the package of transition practical expedients which would allow the Company to carry forward prior conclusions related to: (i) whether any expired or existing contracts are or contain leases, (ii) the lease classification for any expired or existing leases and (iii) initial direct costs for existing leases. Additionally, the Company will elect the practical expedient to not separate lease components from nonlease components for all real estate leases within the portfolio. The Company will make an accounting policy election to keep leases with an initial term of 12 months or less off the Consolidated Balance Sheets and will recognize related lease payments in the Consolidated Statements of Income on a straight-line basis over the lease term.</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">In preparation for implementation, the Company has been executing changes to business processes, including implementing a software solution to assist with the new reporting requirements. Upon adoption, the Company's total assets and total liabilities will increase by approximately </font><font style="font-family:Arial;font-size:8.5pt;">$2.8 billion</font><font style="font-family:Arial;font-size:8.5pt;">. The Company does not believe the standard will have a material impact on the Consolidated Statements of Income or Consolidated Statements of Cash Flows.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Computer Software to be Sold, Leased or Otherwise Marketed</font><font style="font-family:Arial;font-size:8.5pt;">: 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 product's technological feasibility has been established and ending when a product is available for general release to customers. In most instances, the Company's 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.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:130%;padding-bottom:0px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">The following is a reconciliation of the changes in the gross balance of unrecognized tax benefits:</font></div><div style="line-height:130%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="10" rowspan="1"></td></tr><tr><td style="width:70%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#160;</font></div></td><td colspan="9" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">AS OF MAY 31,</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial Narrow;font-size:8.5pt;color:#000000;font-style:italic;">(Dollars in millions)</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2019</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2018</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2017</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Unrecognized tax benefits, beginning of the period</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">698</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">461</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">506</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Gross increases related to prior period tax positions</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">85</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">19</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">31</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Gross decreases related to prior period tax positions</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(32</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(12</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(163</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Gross increases related to current period tax positions</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">81</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">249</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">115</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Settlements</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#8212;</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(12</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Lapse of statute of limitations</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(35</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;background-color:#fff1e7;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(20</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #808080;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">(21</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #808080;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #808080;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Changes due to currency translation</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#fff1e7;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">11</font></div></td><td style="vertical-align:bottom;background-color:#fff1e7;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">5</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">UNRECOGNIZED TAX BENEFITS, END OF THE PERIOD</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">808</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;background-color:#fff1e7;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">698</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-weight:bold;">461</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;border-top:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:Arial;font-size:8.5pt;"><br clear="none"/></font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;"></font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:130%;padding-bottom:0px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">The Company has available domestic and foreign loss carry-forwards of </font><font style="font-family:Arial;font-size:8.5pt;">$257 million</font><font style="font-family:Arial;font-size:8.5pt;"> at </font><font style="font-family:Arial;font-size:8.5pt;">May&#160;31, 2019</font><font style="font-family:Arial;font-size:8.5pt;">. If not utilized, such losses will expire as follows:</font></div><div style="line-height:130%;padding-bottom:0px;padding-top:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:99.58847736625515%;border-collapse:collapse;text-align:left;"><tr><td colspan="22" rowspan="1"></td></tr><tr><td style="width:30%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:8%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">&#160;</font></div></td><td colspan="21" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">YEAR ENDING MAY 31,</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial Narrow;font-size:8.5pt;color:#000000;font-style:italic;">(Dollars in millions)</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2020</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2021</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2022</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2023</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">2024-2039</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">INDEFINITE</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8.5pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:8.5pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">TOTAL</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">Net&#160;operating&#160;losses</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">5</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">2</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">1</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">26</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">34</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">189</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">257</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #e87722;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:100%;padding-bottom:8px;padding-top:16px;text-align:left;padding-left:0px;text-indent:0px;font-size:14pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:14pt;color:#000000;font-weight:bold;">ALLOWANCE FOR UNCOLLECTIBLE ACCOUNTS RECEIVABLE</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Accounts receivable, net </font><font style="font-family:Arial;font-size:8.5pt;">consist 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 inability 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 receivable with anticipated collection dates greater than 12 months from the balance sheet date and related allowances are considered non-current and recorded in </font><font style="font-family:Arial;font-size:8.5pt;font-style:italic;">Deferred income taxes and other assets</font><font style="font-family:Arial;font-size:8.5pt;">.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:100%;padding-bottom:8px;padding-top:16px;text-align:left;padding-left:0px;text-indent:0px;font-size:14pt;"><font style="font-family:Open Sans Condensed,sans-serif;font-size:14pt;color:#000000;font-weight:bold;">MANAGEMENT ESTIMATES</font></div><div style="line-height:130%;padding-bottom:8px;padding-top:8px;padding-left:0px;text-indent:0px;font-size:8.5pt;"><font style="font-family:Arial;font-size:8.5pt;">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 estimates.</font></div></div>