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NIKE, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)
Year Ended May 31,
2006 2005 2004
(In millions)
Accounts Receivable, net
United States ...................................... $ 717.2 $ 627.0 $ 616.6
Europe, Middle East and Africa ....................... 716.3 723.6 724.1
Asia Pacific ....................................... 319.7 309.8 249.4
Americas ......................................... 174.5 168.7 132.1
Other ............................................ 410.0 394.0 351.3
Corporate ......................................... 58.2 39.0 46.7
$2,395.9 $2,262.1 $2,120.2
Inventories
United States ...................................... $ 725.9 $ 639.9 $ 579.4
Europe, Middle East and Africa ....................... 590.1 496.5 485.7
Asia Pacific ....................................... 238.3 228.9 163.9
Americas ......................................... 147.6 96.8 78.3
Other ............................................ 330.5 316.2 305.5
Corporate ......................................... 44.3 32.8 37.4
$2,076.7 $1,811.1 $1,650.2
Property, Plant and Equipment, net
United States ...................................... $ 219.3 $ 216.0 $ 213.0
Europe, Middle East and Africa ....................... 266.6 230.0 232.0
Asia Pacific ....................................... 354.8 380.4 379.7
Americas ......................................... 17.0 15.7 12.7
Other ............................................ 98.2 93.4 91.8
Corporate ......................................... 701.8 670.3 682.6
$1,657.7 $1,605.8 $1,611.8
Revenues by Major Product Lines. Revenues to external customers for NIKE brand products are
attributable to sales of footwear, apparel and equipment. Other revenues to external customers primarily include
external sales by Cole Haan Holdings Incorporated, Converse Inc. (beginning September 4, 2003), Exeter Brands
Group LLC (beginning August 11, 2004), Hurley International LLC, NIKE Bauer Hockey Inc., and NIKE Golf.
Year Ended May 31,
2006 2005 2004
(In millions)
Footwear .......................................... $ 7,965.9 $ 7,299.7 $ 6,566.1
Apparel ........................................... 4,168.0 3,879.4 3,539.1
Equipment ......................................... 873.9 824.9 719.6
Other ............................................. 1,947.1 1,735.7 1,428.3
$14,954.9 $13,739.7 $12,253.1
Revenues and Long-Lived Assets by Geographic Area. Geographical area information is similar to that
shown previously under operating segments with the exception of the Other activity, which has been allocated to
the geographical areas based on the location where the sales originated. Revenues derived in the U.S. were
$7,019.0 million, $6,284.5 million, and $5,781.0 million, for the years ended May 31, 2006, 2005, and 2004,
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