Annual report pursuant to Section 13 and 15(d)

Basic and Diluted Earnings Per Share (Tables)

v3.23.2
Basic and Diluted Earnings Per Share (Tables)
12 Months Ended
May 31, 2023
Earnings Per Share [Abstract]  
Basic and Diluted Earnings Per Share

Basic and diluted earnings per share were calculated as follows:

 

 

 

Year ended May 31,

 

In millions, except per share amounts

 

2023

 

 

2022

 

 

2021

 

Basic earnings per share:

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$

 

1,557.3

 

 

$

 

1,392.8

 

 

$

 

1,097.5

 

Weighted-average common shares outstanding

 

 

 

360.4

 

 

 

 

360.6

 

 

 

 

359.9

 

Basic earnings per share

 

$

 

4.32

 

 

$

 

3.86

 

 

$

 

3.05

 

Diluted earnings per share:

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$

 

1,557.3

 

 

$

 

1,392.8

 

 

$

 

1,097.5

 

Weighted-average common shares outstanding

 

 

 

360.4

 

 

 

 

360.6

 

 

 

 

359.9

 

Dilutive effect of common share equivalents

 

 

 

1.9

 

 

 

 

2.5

 

 

 

 

2.2

 

Weighted-average common shares outstanding, assuming dilution

 

 

 

362.3

 

 

 

 

363.1

 

 

 

 

362.1

 

Diluted earnings per share

 

$

 

4.30

 

 

$

 

3.84

 

 

$

 

3.03

 

Weighted-average anti-dilutive common share equivalents

 

 

 

0.7

 

 

 

 

0.2

 

 

 

 

0.6