Quarterly report pursuant to Section 13 or 15(d)

Basic and Diluted Earnings Per Share (Tables)

v3.24.3
Basic and Diluted Earnings Per Share (Tables)
3 Months Ended
Aug. 31, 2024
Earnings Per Share [Abstract]  
Basic and Diluted Earnings Per Share

Basic and diluted earnings per share were calculated as follows:

 

 

 

For the three months ended

 

 

 

August 31,

 

 

August 31,

 

In millions, except per share amounts

 

2024

 

 

2023

 

Basic earnings per share:

 

 

 

 

 

 

 

 

Net income

 

$

 

427.4

 

 

$

 

419.2

 

Weighted-average common shares outstanding

 

 

 

360.1

 

 

 

 

360.8

 

Basic earnings per share

 

$

 

1.19

 

 

$

 

1.16

 

Diluted earnings per share:

 

 

 

 

 

 

 

 

Net income

 

$

 

427.4

 

 

$

 

419.2

 

Weighted-average common shares outstanding

 

 

 

360.1

 

 

 

 

360.8

 

Dilutive effect of common share equivalents

 

 

 

1.8

 

 

 

 

2.0

 

Weighted-average common shares outstanding, assuming dilution

 

 

 

361.9

 

 

 

 

362.8

 

Diluted earnings per share

 

$

 

1.18

 

 

$

 

1.16

 

Weighted-average anti-dilutive common share equivalents

 

 

 

0.6

 

 

 

 

0.6