Nike 2015 Annual Report Download - page 72

Download and view the complete annual report

Please find page 72 of the 2015 Nike annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 87

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87

PART II
As of May 31,
(In millions) 2015 2014
ACCOUNTS RECEIVABLE, NET
North America $ 1,737 $ 1,505
Western Europe 344 341
Central & Eastern Europe 242 280
Greater China 84 68
Japan 134 162
Emerging Markets 461 819
Global Brand Divisions 88 71
Total NIKE Brand 3,090 3,246
Converse 258 171
Corporate 10 17
TOTAL ACCOUNTS RECEIVABLE, NET $ 3,358 $ 3,434
INVENTORIES
North America $ 2,207 $ 1,758
Western Europe 699 711
Central & Eastern Europe 169 271
Greater China 249 221
Japan 94 94
Emerging Markets 528 633
Global Brand Divisions 32 18
Total NIKE Brand 3,978 3,706
Converse 237 261
Corporate 122 (20)
TOTAL INVENTORIES $ 4,337 $ 3,947
PROPERTY, PLANT AND EQUIPMENT, NET
North America $ 632 $ 545
Western Europe 451 384
Central & Eastern Europe 47 51
Greater China 254 232
Japan 205 258
Emerging Markets 103 115
Global Brand Divisions 484 537
Total NIKE Brand 2,176 2,122
Converse 122 70
Corporate 713 642
TOTAL PROPERTY, PLANT AND EQUIPMENT, NET $ 3,011 $ 2,834
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
consist primarily of sales by Converse.
Year Ended May 31,
(In millions) 2015 2014 2013
Footwear $ 18,318 $ 16,208 $ 14,635
Apparel 8,636 8,109 7,491
Equipment 1,632 1,670 1,640
Other 2,015 1,812 1,547
TOTAL NIKE CONSOLIDATED REVENUES $ 30,601 $ 27,799 $ 25,313
NIKE, INC. 2015 Annual Report and Notice of Annual Meeting 133
FORM 10-K