Nike Inc | Balance Sheet  

                              25-Mar-2022 19:25

Balance Sheet
Annual Standardised in Millions of U.S. Dollars
2021 2020 2019 2018
Earnings Quality Score 96  66  94  90 
Period End Date 31-May-2021  31-May-2020  31-May-2019  31-May-2018 
Assets ($ Millions)
Cash and Short Term Investments 13,476 8,787 4,663 5,245
Cash & Equivalents 9,889 8,348 4,466 4,249
Short Term Investments 3,587 439 197 996
Accounts Receivable - Trade, Net 4,463 2,749 4,272 3,498
Accounts Receivable - Trade, Gross 4,556 2,963 4,302 3,528
Provision for Doubtful Accounts (93) (214) (30) (30)
Total Receivables, Net 4,463 2,749 4,272 3,498
Total Inventory 6,854 7,367 5,622 5,261
Inventories - Finished Goods 6,854 7,367 5,622 5,261
Prepaid Expenses 1,498 1,653 1,352 890
Other Current Assets, Total -- -- 616 240
Deferred Income Tax - Current Asset -- -- -- --
Discountinued Operations - Current Asset -- -- -- --
Other Current Assets -- -- 616 240
Total Current Assets 26,291 20,556 16,525 15,134

Property/Plant/Equipment, Total - Gross 13,174 12,758 9,469 8,891

Buildings - Gross 4,973 3,996 4,008 3,689
Land/Improvements - Gross 363 345 329 331
Machinery/Equipment - Gross 4,414 4,234 4,335 4,230
Construction in Progress - Gross 311 1,086 797 641
Other Property/Plant/Equipment - Gross 3,113 3,097 -- --
Property/Plant/Equipment, Total - Net 8,017 7,963 4,744 4,454
Accumulated Depreciation, Total (5,157) (4,795) (4,725) (4,437)
Goodwill, Net 242 223 154 154
Intangibles, Net 269 274 283 285
Intangibles - Gross 296 293 303 303
Accumulated Intangible Amortization (27) (19) (20) (18)
Long Term Investments -- -- -- --
Note Receivable - Long Term -- -- -- --
Other Long Term Assets, Total 2,921 2,326 2,011 2,509
Defered Income Tax - Long Term Asset 2,921 2,326 2,005 2,349
Other Long Term Assets -- -- 6 160
Total Assets 37,740 31,342 23,717 22,536

Liabilities ($ Millions)
Accounts Payable 2,836 2,248 2,612 2,279
Payable/Accrued -- -- -- --
Accrued Expenses 6,172 4,504 4,271 2,558
Notes Payable/Short Term Debt 2 248 9 336
Current Port. of LT Debt/Capital Leases 0 3 6 6
Other Current liabilities, Total 664 1,281 968 861
Dividends Payable -- 384 346 320
Income Taxes Payable 306 156 229 150
Discontinued Operations - Curr Liability -- -- -- --
Other Current Liabilities 358 741 393 391
Total Current Liabilities 9,674 8,284 7,866 6,040

Total Long Term Debt 9,413 9,406 3,464 3,468

Long Term Debt 9,413 9,406 3,464 3,468
Total Debt 9,415 9,657 3,479 3,810
Deferred Income Tax 2,955 2,684 3,345 3,210
Deferred Income Tax - LT Liability 2,955 2,684 3,345 3,210
Minority Interest -- -- -- --
Other Liabilities, Total 2,931 2,913 2 6
Other Long Term Liabilities 2,931 2,913 2 6
Total Liabilities 24,973 23,287 14,677 12,724

Shareholders Equity ($ Millions)

Redeemable Preferred Stock, Total 0 0 0 0
Redeemable Preferred Stock 0 0 0 0
Preferred Stock - Non Redeemable, Net -- -- -- --
Common Stock, Total 3 3 3 3
Common Stock 3 3 3 3
Additional Paid-In Capital 9,965 8,299 7,163 6,384
Retained Earnings (Accumulated Deficit) 3,179 (191) 1,643 3,517
Treasury Stock - Common -- -- -- --
ESOP Debt Guarantee -- -- -- --
Unrealized Gain (Loss) -- -- -- --
Other Equity, Total (380) (56) 231 (92)
Translation Adjustment 2 (494) (346) (173)
Other Comprehensive Income (382) 438 577 81
Total Equity 12,767 8,055 9,040 9,812

Total Liabilities & Shareholders' Equity 37,740 31,342 23,717 22,536

Supplemental ($ Millions)
Shares Outstanding - Common Issue 2 305 315 315 329
Shares Outstanding - Common Issue 3 -- -- -- --
Shares Outstanding - Common Issue 4 -- -- -- --
Total Common Shares Outstanding 1,578 1,558 1,568 1,601
Shares Outs - Common Stock Primary Issue 1,273 1,243 1,253 1,272
Treas Shares - Common Stock Prmry Issue 0 0 0 0
Treasury Shares - Common Issue 2 0 0 0 0
Treasury Shares - Common Issue 3 -- -- -- --
Treasury Shares - Common Issue 4 -- -- -- --
Total Preferred Shares Outstanding -- -- -- --
Treasury Shares - Preferred Issue 1 -- -- -- --
Treasury Shares - Preferred Issue 2 -- -- -- --
Treasury Shares - Preferred Issue 3 -- -- -- --
Treasury Shares - Preferred Issue 4 -- -- -- --
Treasury Shares - Preferred Issue 5 -- -- -- --
Treasury Shares - Preferred Issue 6 -- -- -- --
Minority Interest - Redeemable -- -- -- --
Minority Interest - Non Redeemable -- -- -- --
Total Equity & Minority Interest 12,767 8,055 9,040 9,812
Full-Time Employees 73,300 75,400 76,700 73,100
Part-Time Employees -- -- -- --
Number of Common Shareholders 22,745 23,114 23,318 22,286
Other Property/Plant/Equipment - Net -- -- -- --
Intangibles - Net -- -- -- --
Goodwill - Net 242 223 154 154
Accumulated Goodwill Amortization Suppl. -- -- -- --
Accumulated Intangible Amort, Suppl. 27 19 20 18
Wgt Avg Rem Lease Term (Yrs)-Oper Lease 8 9 -- --
Wgt Avg Rem Lease Term (Yrs)-Fin Lease -- -- -- --
Wgt Avg Disc Rate - Operating Lease 2 2 -- --
Wgt Avg Disc Rate - Finance Lease -- -- -- --
Right-of-Use Assets-Cap.Lease,Net-Suppl. -- -- -- --
Right-of-Use Assets-Cap.Lease,Gross-Sup. -- -- -- --
Right-of-Use Assets-Cap.Lease,Depr.-Sup. -- -- -- --
Right-of-Use Assets-Op.Lease, Net-Suppl. -- -- -- --
Right-of-Use Assets-Op.Lease, Gross-Sup. 3,113 3,097 -- --
Right-of-Use Assets-Op.Lease, Depr.-Sup. -- -- -- --
Non-Current Marketable Securities,Suppl. -- -- -- --
Contract Assets - Short Term -- -- -- --
Contract Assets - Long Term -- -- -- --
Contract Liability - Long Term -- -- -- --
Contract Liability - Short Term -- -- -- --
Deferred Revenue - Current -- -- -- --
Deferred Revenue - Long Term -- -- -- --
Short Term Debt Financial Sector, Suppl. -- -- -- --
Curr Port - LTD/Cap Lse Fin Sec., Suppl. -- -- -- --
Long Term Debt Financial Sector, Suppl. -- -- -- --
Capital Lease Oblig. - Fin Sector, Suppl -- -- -- --
Curr. Port. of LT Capital Leases, Suppl. -- -- -- --
Curr Port of LT Operating Leases, Suppl. 467 445 -- --
Long-Term Operating Lease Liabs., Suppl. 2,931 2,913 -- --
Curr Derivative Liab. Hedging, Suppl. 358 595 393 391
Curr Derivative Liab. Spec./Trdg, Suppl. -- -- -- --
Non-Curr Derivative Liab. Hedging, Suppl -- -- 2 6
Non-Curr Derivative Liab Spec/Trdg Suppl -- -- -- --
Leverage Ratio (Basel 3) -- -- -- --
Net Stable Funding Ratio (Basel 3) -- -- -- --
Liquidity Coverage Ratio (Basel 3) -- -- -- --
Capital Adequacy - Core Tier 1 (Value) -- -- -- --
Capital Adequacy - Hybrid Tier 1 (Value) -- -- -- --
Capital Adequacy -Tier 1 Capital (Value) -- -- -- --
Capital Adequacy -Tier 2 Capital (Value) -- -- -- --
Capital Adequacy -Tier 3 Capital (Value) -- -- -- --
Capital Adequacy - Total Capital (Value) -- -- -- --
Total Risk-Weighted Capital -- -- -- --
Capital Adequacy - Core Tier 1 Capital % -- -- -- --
Capital Adequacy - Tier 1 Capital % -- -- -- --
Capital Adequacy - Tier 2 Capital % -- -- -- --
Capital Adequacy - Tier 3 Capital % -- -- -- --
Capital Adequacy - Total Capital % -- -- -- --
Trading Account -- -- -- --
Credit Exposure -- -- -- --
Non-Performing Loans -- -- -- --
Assets under Management -- -- -- --
Loans - Stage 1 - Gross, Total -- -- -- --
Loans - Stage 2 - Gross, Total -- -- -- --
Loans - Stage 3 - Gross, Total -- -- -- --
Total Current Assets less Inventory 19,437 13,189 10,903 9,873
Revolving Line of Credit - Outstanding -- -- -- --
Rvlvng Line of Credit - Principal Amount -- -- -- --
Rvlvng Line of Credit - Unused Amount -- -- -- --
Net Debt Incl. Pref.Stock & Min.Interest (4,061) 870 (1,184) (1,435)
Tangible Book Value, Common Equity 12,256 7,558 8,603 9,373
Reported Total Assets -- -- -- --
Reported Total Liabilities -- -- -- --
Shareholders' Equity Excl. Stock Subscr. -- -- -- --
Reported Shareholder's Equity -- -- -- --
Reported Net Assets -- -- -- --
Reported Net Assets to Total Assets -- -- -- --
Reported Return on Assets -- -- -- --
Reported Return on Equity -- -- -- --
Islamic Investments & Deposits -- -- -- --
Islamic Receivables -- -- -- --
Islamic Debt -- -- -- --
Islamic Section, Supplemental -- -- -- --
Debt & Lease, Pension Items ($ Millions)
Total Long Term Debt, Supplemental 14,163 14,452 5,660 5,773
Long Term Debt Maturing within 1 Year 286 289 115 115
Long Term Debt Maturing in Year 2 786 286 112 115
Long Term Debt Maturing in Year 3 275 786 109 112
Long Term Debt Maturing in Year 4 1,275 275 609 109
Long Term Debt Maturing in Year 5 251 1,275 98 609
Long Term Debt Maturing in 2-3 Years 1,061 1,072 221 227
Long Term Debt Maturing in 4-5 Years 1,526 1,550 707 718
Long Term Debt Matur. in Year 6 & Beyond 11,290 11,541 4,617 4,713
Total Capital Leases, Supplemental -- -- 374 424
Capital Lease Payments Due in Year 1 -- -- 32 44
Capital Lease Payments Due in Year 2 -- -- 34 37
Capital Lease Payments Due in Year 3 -- -- 40 40
Capital Lease Payments Due in Year 4 -- -- 37 38
Capital Lease Payments Due in Year 5 -- -- 34 36
Capital Lease Payments Due in 2-3 Years -- -- 74 77
Capital Lease Payments Due in 4-5 Years -- -- 71 74
Cap. Lease Pymts. Due in Year 6 & Beyond -- -- 197 229
Total Operating Leases, Supplemental 3,398 3,358 3,732 3,965
Operating Lease Payments Due in Year 1 534 550 553 589
Operating Lease Payments Due in Year 2 530 514 513 523
Operating Lease Payments Due in Year 3 490 456 441 472
Operating Lease Payments Due in Year 4 437 416 386 412
Operating Lease Payments Due in Year 5 357 374 345 361
Operating Lease Pymts. Due in 2-3 Years 1,020 970 954 995
Operating Lease Pymts. Due in 4-5 Years 794 790 731 773
Oper. Lse. Pymts. Due in Year 6 & Beyond 1,050 1,048 1,494 1,608
Operating Leases - Interest Cost (347) (426) -- --
Total Funded Status -- -- -- --
Period End Assumptions -- -- -- --
Net Assets Recognized on Balance Sheet -- -- -- --
Asset Allocation -- -- -- --
Total Plan Obligations -- -- -- --
Total Plan Assets -- -- -- --
 2017 2016 2015 2014 2013 2012
80  73  99  91  97  60 
31-May-2017  31-May-2016  31-May-2015  31-May-2014  31-May-2013  31-May-2012 

6,179 5,457 5,924 5,142 5,965 3,757

3,808 3,138 3,852 2,220 3,337 2,317
2,371 2,319 2,072 2,922 2,628 1,440
3,677 3,241 3,358 3,434 3,117 3,132
3,696 -- 3,436 3,508 3,221 3,223
(19) -- (78) (74) (104) (91)
3,677 3,241 3,358 3,434 3,117 3,132
5,055 4,838 4,337 3,947 3,484 3,222
5,055 4,838 4,337 -- -- 3,222
933 993 854 717 557 598
217 496 1,114 456 507 1,136
-- -- -- 355 308 262
-- -- -- -- -- 615
217 496 1,114 101 199 259
16,061 15,025 15,587 13,696 13,630 11,845

7,958 -- 6,352 6,220 5,500 5,057

3,048 -- 2,400 2,327 2,119 2,041
285 -- 273 270 268 252
3,867 -- 3,329 3,376 2,985 2,654
758 -- 350 247 128 110
-- -- -- -- -- --
3,989 3,520 3,011 2,834 2,452 2,209
(3,969) -- (3,341) (3,386) (3,048) (2,848)
139 131 131 131 131 131
283 281 281 282 289 370
300 -- 298 321 325 441
(17) -- (17) (39) (36) (71)
-- -- -- -- -- --
-- -- -- -- -- --
 2,787 2,422 2,587 1,651 1,043 910
2,763 2,301 2,062 1,619 953 888
24 121 525 32 90 22
23,259 21,379 21,597 18,594 17,545 15,465

2,048 2,191 2,131 1,930 1,669 1,549

-- -- -- -- -- --
2,375 2,338 2,417 2,197 1,814 1,721
325 1 74 167 98 108
6 44 107 7 57 49
720 784 1,603 726 324 455
300 271 240 209 188 165
84 85 71 432 84 65
-- -- -- 0 18 170
336 428 1,292 85 34 55
5,474 5,358 6,332 5,027 3,962 3,882

3,471 1,993 1,079 1,199 1,210 228

3,471 1,993 1,079 1,199 1,210 228
3,802 2,038 1,260 1,373 1,365 385
1,821 1,732 1,466 1,544 1,292 974
1,821 1,732 1,466 1,544 1,292 974
-- -- -- -- -- --
86 38 13 -- -- --
86 38 13 -- -- --
10,852 9,121 8,890 7,770 6,464 5,084

0 0 0 0 0 0
0 0 0 0 0 0
-- -- -- -- -- --
3 3 3 3 3 3
3 3 3 3 3 3
8,638 7,786 6,773 5,865 5,184 4,641
3,979 4,151 4,685 4,871 5,620 5,588
-- -- -- -- -- --
-- -- -- -- -- --
 -- -- -- -- -- --
(213) 318 1,246 85 274 149
(191) (207) (31) 9 41 (127)
(22) 525 1,277 76 233 276
12,407 12,258 12,707 10,824 11,081 10,381

23,259 21,379 21,597 18,594 17,545 15,465

329 353 355 178 178 180

-- -- -- -- -- --
-- -- -- -- -- --
1,643 1,682 1,712 1,562 1,610 1,652
1,314 1,329 1,357 1,384 1,432 1,472
0 0 0 0 0 --
0 0 0 0 0 0
-- -- -- -- -- --
-- -- -- -- -- --
-- -- -- -- -- --
-- -- -- -- -- --
-- -- -- -- -- --
-- -- -- -- -- --
-- -- -- -- -- --
-- -- -- -- -- --
-- -- -- -- -- --
-- -- -- -- -- --
-- -- -- -- -- --
12,407 12,258 12,707 10,824 11,081 10,381
74,400 70,700 62,600 56,500 48,000 44,000
-- -- -- -- -- --
22,713 23,212 23,367 32,779 30,605 19,758
-- 3,520 -- -- -- --
-- 281 -- -- -- --
139 131 131 131 131 131
-- -- -- -- -- --
17 -- 17 39 36 71
-- -- -- -- -- --
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336 428 1,292 85 34 55
-- -- -- -- -- --
86 38 13 -- -- --
-- -- -- -- -- --
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11,006 10,187 11,250 9,749 10,146 8,623
-- -- -- -- -- --
-- -- -- -- -- --
-- -- -- -- -- --
(2,377) (3,419) (4,664) (3,769) (4,600) (3,372)
11,985 11,846 12,295 10,411 10,661 9,880
-- -- -- -- -- --
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5,888 -- -- 1,851 -- 262

115 -- -- 46 -- 49
115 -- -- 145 -- 59
115 -- -- 79 -- 9
112 -- -- 56 -- 109
109 -- -- 37 -- 9
230 -- -- 224 -- 68
221 -- -- 93 -- 118
5,322 -- -- 1,488 -- 27
 370 -- -- 74 -- --
34 -- -- 36 -- --
32 -- -- 35 -- --
28 -- -- 1 -- --
25 -- -- 1 -- --
26 -- -- 1 -- --
60 -- -- 36 -- --
51 -- -- 2 -- --
225 -- -- 0 -- --
3,905 -- -- 2,804 -- 2,138
537 -- -- 427 -- 408
509 -- -- 399 -- 387
438 -- -- 366 -- 271
399 -- -- 311 -- 224
350 -- -- 251 -- 186
947 -- -- 765 -- 658
749 -- -- 562 -- 410
1,672 -- -- 1,050 -- 662
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