Nike, Inc. Consolidated Balance Sheets ($ in Millions) Current assets: May 31, 2019 May 31, 2018 Cash and equivalents 4,466 4,249 Short-term investments 197 996 Accounts receivable, net 4,272 3,498 Inventories 5,622 5,261 Prepaid expenses and other current 1,968 1,130 assets Total current assets 16,525 15,134 Property, plant and equipment, net 4,744 4,454 Identifiable intangible assets, net 283 285 Goodwill 154 154 Deferred income taxes and other 2,011 2,509 assets TOTAL ASSETS 23,717 22,536 Current liabilities: Current portion of long-term debt 6 6 Notes payable 9 336 Accounts payable 2,612 2,279 Accrued liabilities 5,010 3,269 Income taxes payable 229 150 Total current liabilities 7,866 6,040