NIKE, Inc., together with its subsidiaries, designs, develops, markets, and sells men's, women's, and kids athletic footwear, apparel, equipment, and accessories worldwide. The company provides athletic and casual footwear, apparel, and accessories under the Jumpman trademark; and casual sneakers, apparel, and accessories under the Converse, Chuck Taylor, All Star, One Star, Star Chevron, and Jack Purcell trademarks. In addition, it sells a line of performance equipment and accessories comprising bags, socks, sport balls, eyewear, timepieces, digital devices, bats, gloves, protective equipment, and other equipment for sports activities under the NIKE brand; and various plastic products to other manufacturers. The company markets apparel with licensed college and professional team, and league logos, as well as sells sports apparel. Additionally, it licenses unaffiliated parties to manufacture and sell apparel, digital devices, and applications and other equipment for sports activities under NIKE-owned trademarks. The company sells its products to footwear stores; sporting goods stores; athletic specialty stores; department stores; skate, tennis, and golf shops; and other retail accounts through NIKE-owned retail stores, digital platforms, independent distributors, licensees, and sales representatives. The company was formerly known as Blue Ribbon Sports, Inc. and changed its name to NIKE, Inc. in 1971. NIKE, Inc. was founded in 1964 and is headquartered in Beaverton, Oregon.

NIKE, Inc.

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Assets	Aug '25	May '25	Feb '25	Nov '24	Aug '24	May '24
Cash and Cash Equivalents	7,024	7,464	8,601	7,979	8,485	9,860
Cash and Equivalents
Short-Term Investments	1,551	1,687	1,792	1,782	1,809	1,722
Short-Term Investments
Total Cash and Cash Equivalents	8,575	9,151	10,393	9,761	10,294	11,582
Accounts Receivable	4,962	4,717	4,491	5,302	4,764	4,427
Accounts Receivable, Net
Total Trade Receivables	4,962	4,717	4,491	5,302	4,764	4,427
Inventories	8,114	7,489	7,539	7,981	8,253	7,519
Inventories
Other Current Assets	2,247	2,005	2,186	1,936	1,729	1,854
Deferred Income Taxes
Prepaid Expenses and Other Current Assets
Total Current Assets	23,898	23,362	24,609	24,980	25,040	25,382
Total Current Assets
Net Property, Plant & Equipment	7,588	7,540	7,331	7,593	7,740	7,718
Property, Plant and Equipment, Net
Operating Lease Right-of-Use Assets, Net
Net Intangible Assets	259	259	259	259	259	259
Identifiable Intangible Assets, Net
Goodwill	240	240	239	240	240	240
Goodwill
Other Long-Term Assets	5,349	5,178	5,355	4,887	4,588	4,511
Deferred Income Taxes and Other Assets
Total Assets	37,334	36,579	37,793	37,959	37,867	38,110
Total Assets

Liabilities	Aug '25	May '25	Feb '25	Nov '24	Aug '24	May '24
Accounts Payable	3,772	3,479	3,106	3,255	3,357	2,851
Accounts Payable
Accrued Expenses	5,923	5,911	5,905	5,694	5,075	5,725
Accrued Liabilities
Short-Term Debt	4	5	4	49	12	6
Notes Payable
Current Portion of Long-Term Debt	—	—	1,000	1,000	1,000	1,000
Current Portion of Long-Term Debt
Current Portion of Leases	506	502	474	481	491	477
Current Portion of Operating Lease Liabilities
Other Current Liabilities	706	669	734	767	693	534
Income Taxes Payable
Total Current Liabilities	10,911	10,566	11,223	11,246	10,628	10,593
Total Current Liabilities
Long-Term Debt	7,996	7,961	7,956	7,973	7,998	7,903
Long-Term Debt
Leases	2,555	2,550	2,477	2,562	2,625	2,566
Operating Lease Liabilities
Other Long-Term Liabilities	2,404	2,289	2,130	2,141	2,672	2,618
Deferred Income Taxes and Other Liabilities
Total Long-Term Liabilities	12,955	12,800	12,563	12,676	13,295	13,087
Total Liabilities	23,866	23,366	23,786	23,922	23,923	23,680

Equity	Aug '25	May '25	Feb '25	Nov '24	Aug '24	May '24
Common Stock	3	3	3	3	3	3
Common Stock at Stated Value
Class a Convertible
Class B Shares Outstanding
Class B
Additional Paid-in Capital	14,473	14,195	13,916	13,778	13,557	13,409
Capital in Excess of Stated Value
Accumulated Other Comprehensive Income	-308	-258	263	202	-27	53
Accumulated Other Comprehensive Income
Retained Earnings	-700	-727	-175	54	411	965
Retained Earnings
Total Common Shareholders' Equity	13,468	13,213	14,007	14,037	13,944	14,430
Total Shareholders' Equity	13,468	13,213	14,007	14,037	13,944	14,430
Total Shareholders' Equity
Total Liabilities and Shareholders' Equity	37,334	36,579	37,793	37,959	37,867	38,110
Total Liabilities and Shareholders' Equity