Annual report pursuant to Section 13 and 15(d)

Basic and Diluted Earnings Per Share (Tables)

v3.20.2
Basic and Diluted Earnings Per Share (Tables)
12 Months Ended
May 31, 2020
Basic and Diluted Earnings Per Share [Abstract]  
Basic and Diluted Earnings Per Share

Year ended May 31,

In millions, except per share amounts

2020

2019

2018

Basic earnings per share:

Net income

$

1,098.1

$

1,034.4

$

994.1

Weighted-average common shares outstanding

358.5

359.2

359.0

Basic earnings per share

$

3.06

$

2.88

$

2.77

Diluted earnings per share:

Net income

$

1,098.1

$

1,034.4

$

994.1

Weighted-average common shares outstanding

358.5

359.2

359.0

Dilutive effect of common share equivalents

2.5

2.6

2.5

Weighted-average common shares outstanding, assuming dilution

361.0

361.8

361.5

Diluted earnings per share

$

3.04

$

2.86

$

2.75

Weighted-average anti-dilutive common share equivalents

0.7

0.4

0.7