Annual report pursuant to Section 13 and 15(d)

Basic and Diluted Earnings Per Share (Tables)

v3.19.2
Basic and Diluted Earnings Per Share (Tables)
12 Months Ended
May 31, 2019
Basic and Diluted Earnings Per Share [Abstract]  
Basic and Diluted Earnings Per Share



 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 



 

Year ended May 31,



 

 

 

 

2018

 

2017

In millions, except per share amounts

 

2019

 

As Adjusted(1)

 

As Adjusted(1)

Basic earnings per share:

 

 

 

 

 

 

 

 

 

Net income

 

$

1,034.4 

 

$

994.1 

 

$

826.3 

Weighted-average common shares outstanding

 

 

359.2 

 

 

359.0 

 

 

359.8 

Basic earnings per share

 

$

2.88 

 

$

2.77 

 

$

2.30 

Diluted earnings per share:

 

 

 

 

 

 

 

 

 

Net income

 

$

1,034.4 

 

$

994.1 

 

$

826.3 

Weighted-average common shares outstanding

 

 

359.2 

 

 

359.0 

 

 

359.8 

Dilutive effect of common share equivalents

 

 

2.6 

 

 

2.5 

 

 

2.8 

Weighted-average common shares outstanding, assuming dilution

 

 

361.8 

 

 

361.5 

 

 

362.6 

Diluted earnings per share

 

$

2.86 

 

$

2.75 

 

$

2.28 

Weighted-average anti-dilutive common share equivalents

 

 

0.4 

 

 

0.7 

 

 

0.7 



(1) Amounts have been adjusted to reflect the adoption of ASC Topic 606.