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Create a Financial Statement Using Nike Inc. 2020 Annual Report. (Pic 1&2 balance sheet)(Pic 3 Statement of Income) NIKE, INC. CONSOLIDATED BALANCE SHEETS MAY 31,

Create a Financial Statement Using Nike Inc. 2020 Annual Report. (Pic 1&2 balance sheet)(Pic 3 Statement of Income) image text in transcribed
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NIKE, INC. CONSOLIDATED BALANCE SHEETS MAY 31, 2020 2019 $ in million ASSETS Current assets Cash and equivalents Short-term investments Accounts receivable, net Inventories Prepaid expenses and other current assets Total current assets Property, plant and equipment, net Operating lease right-of-use assets, nel Identifiable intangible assets, net Goodwill Deferred income taxes and other assets TOTAL ASSETS LIABILITIES AND SHAREHOLDERS' EQUITY Current abilities Current portion of long-term debt Notes payable Accounts payable Current portion of operating ane babes Accrued labates 8,348 5 439 2,749 7,367 1,653 20,556 4 866 3,097 274 223 2,320 31,3425 4,466 197 4,272 5,622 1.988 16,525 4.744 283 154 2011 23,717 $ 5 35 240 2.248 445 2,612 $ 31,342 $ 23,717 $ 5 2,612 3 5 248 2,248 445 5.184 156 8,284 9,406 2,913 2.884 . TOTAL ASSETS LIABILITIES AND SHAREHOLDERS' EQUITY Current liabilities Current portion of long-term debt Nates payable Accounts payable Current portion of operating lease liabilities Accrued abilities Income taxes payable Total current liabilities Long-term debt Operating lease labilities Deferred income taxes and other abilities Commitments and contingencies (Note 18) Redeemable preferred stock Shareholders equity Compon stock at stated Value: Class A convertible - 315 and 315 shares outstanding Class 8-1.243 and 1 259 shares outstanding Capital in excess of stated value Accumulated other comprehensive income foss) Retained earnings (deficit) Total shareholders' equity TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY 5,010 229 7,866 3,464 3,347 - 3 0.200 (56) (190) 8.055 31,342 5 7.163 231 1,643 9,040 23,717 $ NIKE, INC. CONSOLIDATED STATEMENTS OF INCOME $ in millions, etcipper share data) Revenues Cost of sales Gross profit Demand creation expense Operating overhead expense Total selling and administrative expense Interest expense (income) net Other (income) expense net Income before income taxes Income tax expense NET INCOME Earnings per common share Basic Diluted Weighted average common shares outstanding Basic Diluted YEAR ENDED MAY 31, 2020 2019 37,403 $ 39,117 3 21,182 21,843 16,241 17,474 3,592 3,753 9,534 8,949 13,120 12,702 89 49 139 (78) 2,887 4,801 345 772 2,639 $ 4,029 $ 2018 36,397 20,441 15,95 3,577 7,934 11,511 54 66 4,325 2,392 $ 1,933 5 $ 1.53 5 1.60 5 255 5 2.49 S 1.19 1.17 1,5588 1.5010 1,570.7 1,6184 1,823.8 1.6593 The accompanying Notes to the Consolidated Financial Statements are an integral part of this statement 2030 FORM 10K NIKE, INC. CONSOLIDATED BALANCE SHEETS MAY 31, 2020 2019 $ in million ASSETS Current assets Cash and equivalents Short-term investments Accounts receivable, net Inventories Prepaid expenses and other current assets Total current assets Property, plant and equipment, net Operating lease right-of-use assets, nel Identifiable intangible assets, net Goodwill Deferred income taxes and other assets TOTAL ASSETS LIABILITIES AND SHAREHOLDERS' EQUITY Current abilities Current portion of long-term debt Notes payable Accounts payable Current portion of operating ane babes Accrued labates 8,348 5 439 2,749 7,367 1,653 20,556 4 866 3,097 274 223 2,320 31,3425 4,466 197 4,272 5,622 1.988 16,525 4.744 283 154 2011 23,717 $ 5 35 240 2.248 445 2,612 $ 31,342 $ 23,717 $ 5 2,612 3 5 248 2,248 445 5.184 156 8,284 9,406 2,913 2.884 . TOTAL ASSETS LIABILITIES AND SHAREHOLDERS' EQUITY Current liabilities Current portion of long-term debt Nates payable Accounts payable Current portion of operating lease liabilities Accrued abilities Income taxes payable Total current liabilities Long-term debt Operating lease labilities Deferred income taxes and other abilities Commitments and contingencies (Note 18) Redeemable preferred stock Shareholders equity Compon stock at stated Value: Class A convertible - 315 and 315 shares outstanding Class 8-1.243 and 1 259 shares outstanding Capital in excess of stated value Accumulated other comprehensive income foss) Retained earnings (deficit) Total shareholders' equity TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY 5,010 229 7,866 3,464 3,347 - 3 0.200 (56) (190) 8.055 31,342 5 7.163 231 1,643 9,040 23,717 $ NIKE, INC. CONSOLIDATED STATEMENTS OF INCOME $ in millions, etcipper share data) Revenues Cost of sales Gross profit Demand creation expense Operating overhead expense Total selling and administrative expense Interest expense (income) net Other (income) expense net Income before income taxes Income tax expense NET INCOME Earnings per common share Basic Diluted Weighted average common shares outstanding Basic Diluted YEAR ENDED MAY 31, 2020 2019 37,403 $ 39,117 3 21,182 21,843 16,241 17,474 3,592 3,753 9,534 8,949 13,120 12,702 89 49 139 (78) 2,887 4,801 345 772 2,639 $ 4,029 $ 2018 36,397 20,441 15,95 3,577 7,934 11,511 54 66 4,325 2,392 $ 1,933 5 $ 1.53 5 1.60 5 255 5 2.49 S 1.19 1.17 1,5588 1.5010 1,570.7 1,6184 1,823.8 1.6593 The accompanying Notes to the Consolidated Financial Statements are an integral part of this statement 2030 FORM 10K

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