NIKE Inc
For the period ended Nov 30, 2023. Filed Jan 5, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Nov 30, 2023 · Filed Jan 5, 2024
NKE$38.67-3.0%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Unaudited Condensed Consolidated Balance Sheets
| NOVEMBER 30, | MAY 31, | |
|---|---|---|
| (In millions) | 2023 | 2023 |
| ASSETS | ||
| Current assets: | ||
| Cash and equivalents | $7,919 | $7,441 |
| Short-term investments | 2,008 | 3,234 |
| Accounts receivable, net | 4,782 | 4,131 |
| Inventories | 7,979 | 8,454 |
| Prepaid expenses and other current assets | 1,943 | 1,942 |
| Total current assets | 24,631 | 25,202 |
| Property, plant and equipment, net | 5,153 | 5,081 |
| Operating lease right-of-use assets, net | 2,943 | 2,923 |
| Identifiable intangible assets, net | 269 | 274 |
| Goodwill | 281 | 281 |
| Deferred income taxes and other assets | 3,926 | 3,770 |
| TOTAL ASSETS | $37,203 | $37,531 |
| LIABILITIES AND SHAREHOLDERS' EQUITY | ||
| Current liabilities: | ||
| Current portion of long-term debt | $— | $— |
| Notes payable | 6 | 6 |
| Accounts payable | 2,709 | 2,862 |
| Current portion of operating lease liabilities | 456 | 425 |
| Accrued liabilities | 5,470 | 5,723 |
| Income taxes payable | 358 | 240 |
| Total current liabilities | 8,999 | 9,256 |
| Long-term debt | 8,930 | 8,927 |
| Operating lease liabilities | 2,785 | 2,786 |
| Deferred income taxes and other liabilities | 2,343 | 2,558 |
| Commitments and contingencies (Note 11) | ||
| Redeemable preferred stock | — | — |
| Shareholders' equity: | ||
| Common stock at stated value: | ||
| Class A convertible — 298 and 305 shares outstanding | — | — |
| Class B — 1,219 and 1,227 shares outstanding | 3 | 3 |
| Capital in excess of stated value | 12,871 | 12,412 |
| Accumulated other comprehensive income (loss) | 121 | 231 |
| Retained earnings | 1,151 | 1,358 |
| Total shareholders' equity | 14,146 | 14,004 |
| TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY | $37,203 | $37,531 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.