NIKE Inc
For the period ended Aug 31, 2025. Filed Oct 1, 2025.
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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.
Aug 31, 2025 · Filed Oct 1, 2025
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Accumulated Other Comprehensive Income (Loss)
NOTE 8 — ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)
The changes in Accumulated other comprehensive income (loss), net of tax, were as follows:
| (Dollars in millions) | FOREIGN CURRENCY TRANSLATION ADJUSTMENT(1) | CASH FLOW HEDGES | NET INVESTMENT HEDGES(1) | OTHER | TOTAL |
|---|---|---|---|---|---|
| Balance at May 31, 2025 | $(114) | $(207) | $115 | $(52) | $(258) |
| Other comprehensive income (loss): | |||||
| Other comprehensive gains (losses) before reclassifications(2) | 134 | (155) | — | 2 | (19) |
| Reclassifications to net income of previously deferred (gains) losses(2)(3) | — | (31) | — | — | (31) |
| Total other comprehensive income (loss) | 134 | (186) | — | 2 | (50) |
| Balance at August 31, 2025 | $20 | $(393) | $115 | $(50) | $(308) |
(1)The accumulated foreign currency translation adjustment and net investment hedge gains/losses related to an investment in a foreign subsidiary are reclassified to Net income upon sale or upon complete or substantially complete liquidation of the respective entity.
(2)Net of immaterial tax impact.
(3)Reclassifications to net income of previously deferred (gains) losses are recorded within Other (income) expense, net for foreign currency translation adjustment, net investment hedges, and other.
| (Dollars in millions) | FOREIGN CURRENCY TRANSLATION ADJUSTMENT(1) | CASH FLOW HEDGES | NET INVESTMENT HEDGES(1) | OTHER | TOTAL |
|---|---|---|---|---|---|
| Balance at May 31, 2024 | $(256) | $247 | $115 | $(53) | $53 |
| Other comprehensive income (loss): | |||||
| Other comprehensive gains (losses) before reclassifications(2) | 137 | (151) | — | 7 | (7) |
| Reclassifications to net income of previously deferred (gains) losses(2)(3) | 1 | (76) | — | 2 | (73) |
| Total other comprehensive income (loss) | 138 | (227) | — | 9 | (80) |
| Balance at August 31, 2024 | $(118) | $20 | $115 | $(44) | $(27) |
(1)The accumulated foreign currency translation adjustment and net investment hedge gains/losses related to an investment in a foreign subsidiary are reclassified to Net income upon sale or upon complete or substantially complete liquidation of the respective entity.
(2)Net of immaterial tax impact.
(3)Reclassifications to net income of previously deferred (gains) losses are recorded within Other (income) expense, net for foreign currency translation adjustment, net investment hedges, and other.
For additional information related to the Company's cash flow hedges refer to Note 7 — Risk Management and Derivatives.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.