Balance Sheet: Assets
Quarterly Data

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Assets are resources controlled by the company as a result of past events and from which future economic benefits are expected to flow to the entity.

Nike Inc., consolidated balance sheet: assets (quarterly data)

US$ in millions

	Aug 31, 2024	May 31, 2024	Feb 29, 2024	Nov 30, 2023	Aug 31, 2023	May 31, 2023	Feb 28, 2023	Nov 30, 2022	Aug 31, 2022	May 31, 2022	Feb 28, 2022	Nov 30, 2021	Aug 31, 2021	May 31, 2021	Feb 28, 2021	Nov 30, 2020	Aug 31, 2020	May 31, 2020	Feb 29, 2020	Nov 30, 2019	Aug 31, 2019	May 31, 2019	Feb 28, 2019	Nov 30, 2018	Aug 31, 2018
Cash and equivalents	8,485)	9,860)	8,960)	7,919)	6,178)	7,441)	6,955)	6,490)	7,226)	8,574)	8,704)	10,751)	10,720)	9,889)	8,516)	8,635)	8,148)	8,348)	2,863)	3,070)	3,446)	4,466)	3,695)	3,423)	3,282)
Short-term investments	1,809)	1,722)	1,613)	2,008)	2,612)	3,234)	3,847)	4,131)	4,650)	4,423)	4,763)	4,352)	2,975)	3,587)	4,012)	3,177)	1,332)	439)	319)	432)	198)	197)	351)	618)	987)
Accounts receivable, net	4,764)	4,427)	4,526)	4,782)	4,749)	4,131)	4,513)	5,437)	4,960)	4,667)	3,827)	3,746)	4,341)	4,463)	3,669)	3,713)	3,813)	2,749)	4,473)	4,792)	4,656)	4,272)	4,549)	4,346)	4,330)
Inventories	8,253)	7,519)	7,726)	7,979)	8,698)	8,454)	8,905)	9,326)	9,662)	8,420)	7,700)	6,506)	6,699)	6,854)	6,693)	6,090)	6,705)	7,367)	5,807)	6,199)	5,835)	5,622)	5,415)	5,388)	5,227)
Prepaid expenses and other current assets	1,729)	1,854)	1,928)	1,943)	2,013)	1,942)	1,815)	2,063)	2,379)	2,129)	1,968)	1,822)	1,655)	1,498)	1,810)	1,992)	1,939)	1,653)	2,282)	1,876)	2,093)	1,968)	1,786)	1,791)	1,675)
Current assets	25,040)	25,382)	24,753)	24,631)	24,250)	25,202)	26,035)	27,447)	28,877)	28,213)	26,962)	27,177)	26,390)	26,291)	24,700)	23,607)	21,937)	20,556)	15,744)	16,369)	16,228)	16,525)	15,796)	15,566)	15,501)
Property, plant and equipment, net	4,948)	5,000)	5,082)	5,153)	5,109)	5,081)	4,939)	4,854)	4,778)	4,791)	4,806)	4,812)	4,869)	4,904)	4,958)	4,959)	4,969)	4,866)	4,783)	4,668)	4,615)	4,744)	4,688)	4,588)	4,487)
Operating lease right-of-use assets, net	2,792)	2,718)	2,856)	2,943)	2,939)	2,923)	2,834)	2,809)	2,880)	2,926)	3,959)	3,017)	3,078)	3,113)	3,149)	3,086)	3,158)	3,097)	2,907)	2,882)	2,832)	—)	—)	—)	—)
Identifiable intangible assets, net	259)	259)	259)	269)	272)	274)	277)	280)	283)	286)	291)	265)	267)	269)	271)	270)	272)	274)	275)	277)	279)	283)	283)	284)	284)
Goodwill	240)	240)	240)	281)	281)	281)	281)	281)	282)	284)	284)	242)	242)	242)	242)	223)	223)	223)	223)	224)	224)	154)	154)	154)	154)
Deferred income taxes and other assets	4,588)	4,511)	4,166)	3,926)	3,935)	3,770)	3,928)	3,976)	3,988)	3,821)	3,275)	3,404)	3,071)	2,921)	2,865)	2,691)	2,699)	2,326)	2,288)	2,182)	2,071)	2,011)	2,000)	2,085)	2,057)
Non-current assets	12,827)	12,728)	12,603)	12,572)	12,536)	12,329)	12,259)	12,200)	12,211)	12,108)	12,615)	11,740)	11,527)	11,449)	11,485)	11,229)	11,321)	10,786)	10,476)	10,233)	10,021)	7,192)	7,125)	7,111)	6,982)
Total assets	37,867)	38,110)	37,356)	37,203)	36,786)	37,531)	38,294)	39,647)	41,088)	40,321)	39,577)	38,917)	37,917)	37,740)	36,185)	34,836)	33,258)	31,342)	26,220)	26,602)	26,249)	23,717)	22,921)	22,677)	22,483)

Assets: Selected Items

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Balance sheet item	Description	The company
Current assets	Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events.	Nike Inc. current assets increased from Q3 2024 to Q4 2024 but then slightly decreased from Q4 2024 to Q1 2025 not reaching Q3 2024 level.
Property, plant and equipment, net	Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures.	Nike Inc. property, plant and equipment, net decreased from Q3 2024 to Q4 2024 and from Q4 2024 to Q1 2025.
Non-current assets	Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold or consumed after one year or beyond the normal operating cycle, if longer.	Nike Inc. non-current assets increased from Q3 2024 to Q4 2024 and from Q4 2024 to Q1 2025.
Total assets	Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events.	Nike Inc. total assets increased from Q3 2024 to Q4 2024 but then slightly decreased from Q4 2024 to Q1 2025.

Current Assets: Selected Items

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Balance sheet item	Description	The company
Cash and equivalents	Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation.	Nike Inc. cash and equivalents increased from Q3 2024 to Q4 2024 but then decreased significantly from Q4 2024 to Q1 2025.
Short-term investments	Amount of investments including trading securities, available-for-sale securities, held-to-maturity securities, and short-term investments classified as other and current.	Nike Inc. short-term investments increased from Q3 2024 to Q4 2024 and from Q4 2024 to Q1 2025.
Accounts receivable, net	Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection.	Nike Inc. accounts receivable, net decreased from Q3 2024 to Q4 2024 but then increased from Q4 2024 to Q1 2025 exceeding Q3 2024 level.
Inventories	Amount after valuation and LIFO reserves of inventory expected to be sold, or consumed within one year or operating cycle, if longer.	Nike Inc. inventories decreased from Q3 2024 to Q4 2024 but then increased from Q4 2024 to Q1 2025 exceeding Q3 2024 level.

Nike Inc. (NYSE:NKE)

Balance Sheet: AssetsQuarterly Data

Assets: Selected Items

Current Assets: Selected Items

Balance Sheet: Assets
Quarterly Data