Quarterly report pursuant to Section 13 or 15(d)

Basic and Diluted Earnings Per Share (Tables)

v3.20.1
Basic and Diluted Earnings Per Share (Tables)
9 Months Ended
Feb. 29, 2020
Basic and Diluted Earnings Per Share [Abstract]  
Basic and Diluted Earnings Per Share

For the three months ended

For the nine months ended

February 29,

February 28,

February 29,

February 28,

In millions, except per share amounts

2020

2019

2020

2019

Basic earnings per share:

Net income

$

354.5

$

324.6

$

877.4

$

804.0

Weighted-average common shares outstanding

358.5

359.2

358.5

359.1

Basic earnings per share

$

0.99

$

0.90

$

2.45

$

2.24

Diluted earnings per share:

Net income

$

354.5

$

324.6

$

877.4

$

804.0

Weighted-average common shares outstanding

358.5

359.2

358.5

359.1

Dilutive effect of common share equivalents

2.5

2.4

2.6

2.5

Weighted-average common shares outstanding, assuming dilution

361.0

361.6

361.1

361.6

Diluted earnings per share

$

0.98

$

0.90

$

2.43

$

2.22

Weighted-average anti-dilutive common share equivalents

0.6

0.6

0.5

0.5