11-K
Table of Contents

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 11-K

 

 

 

x ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the fiscal year ended May 31, 2014

OR

 

¨ TRANSITION REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from                      to                     

Commission File No. 001-10635

 

 

LOGO

NIKE, Inc.

(Full title of the plan)

 

 

401(k) Savings and Profit Sharing Plan for Employees of NIKE, Inc.

(Name of issuer of the securities held pursuant to the plan)

One Bowerman Drive

Beaverton, Oregon 97005

(Address of the plan and address of issuer’s principal executive offices)

 

 

 

Table of Contents

401(k) Savings and Profit Sharing Plan for Employees of NIKE, Inc.

Financial Statements and Supplemental Schedules

May 31, 2014 and 2013

Table of Contents

401(k) Savings and Profit Sharing Plan for Employees of NIKE, Inc.

Index

 

 

     Page(s)  

Report of Independent Registered Public Accounting Firm

      1   

Financial Statements

   

Statements of Net Assets Available for Benefits May 31, 2014 and 2013

      2   

Statement of Changes in Net Assets Available for Benefits Year Ended May 31, 2014

      3   

Notes to Financial Statements May 31, 2014 and 2013

      4–15   

Supplemental Schedules

   

Schedule H, Line 4i – Schedule of Assets (Held at End of Year) May 31, 2014

      17–26   

Schedule H, Line 4i – Schedule of Assets (Acquired and Disposed of Within Year) Year Ended May  31, 2014

      27–28   

 

Note: Other schedules required by 29 CFR Section 2520.103-10 of the Department of Labor’s Rules and Regulations for Reporting and Disclosure under the Employee Retirement Income Security Act of 1974 have been omitted because they are not applicable.

Table of Contents

Report of Independent Registered Public Accounting Firm

To the Participants and Administrator of

401(k) Savings and Profit Sharing Plan for Employees of NIKE, Inc.:

In our opinion, the accompanying statements of net assets available for benefits and the related statement of changes in net assets available for benefits present fairly, in all material respects, the net assets available for benefits of the 401(k) Savings and Profit Sharing Plan for Employees of NIKE, Inc. (the “Plan”) at May 31, 2014 and May 31, 2013, and the changes in net assets available for benefits for the year ended May 31, 2014, in conformity with accounting principles generally accepted in the United States of America. These financial statements are the responsibility of the Plan’s management. Our responsibility is to express an opinion on these financial statements based on our audits. We conducted our audits of these statements in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements, assessing the accounting principles used and significant estimates made by management, and evaluating the overall financial statement presentation. We believe that our audits provide a reasonable basis for our opinion.

Our audits were conducted for the purpose of forming an opinion on the basic financial statements taken as a whole. The supplemental Schedule of Assets (Held At End of Year) as of May 31, 2014, and Schedule of Assets (Acquired and Disposed of Within Year) for the year ended May 31, 2014 are presented for the purpose of additional analysis and are not a required part of the basic financial statements but are supplementary information required by the Department of Labor’s Rules and Regulations for Reporting and Disclosure under the Employee Retirement Income Security Act of 1974. These supplemental schedules are the responsibility of the Plan’s management. The supplemental schedules have been subjected to the auditing procedures applied in the audit of the basic financial statements and, in our opinion, are fairly stated in all material respects in relation to the basic financial statements taken as a whole.

/s/ PricewaterhouseCoopers LLP

Portland, Oregon

November 21, 2014

Table of Contents

401(k) Savings and Profit Sharing Plan for Employees of NIKE, Inc.

Statements of Net Assets Available for Benefits

May 31, 2014 and 2013

 

 

     2014     2013  

Assets

     

Investments, at fair value

     

Collective trust funds

    $ 1,975,060,167      $ 1,628,931,881   

NIKE, Inc. Class B common stock

      646,689,659        549,825,241   

Registered investment companies

      106,374,959        89,810,730   

Corporate and foreign bonds

      35,723,314        39,917,598   

Interest bearing cash

      1,705,571        3,425,720   

Preferred stocks

      569,520        —     

Common and foreign stocks

      2,382        20,973   
  

 

 

    

 

 

  

Total investments

      2,766,125,572        2,311,932,143   
  

 

 

    

 

 

  

Receivables

     

Employer contributions

      50,576,135        46,735,971   

Notes receivable from participants

      29,612,682        27,201,901   

Participant contributions

      3,428,578        —     

Accrued interest and dividends

      2,662,164        2,595,278   

Due from broker for securities sold

      1,138,118        2,790,079   
  

 

 

    

 

 

  

Total receivables

      87,417,677        79,323,229   
  

 

 

    

 

 

  

Cash

      366,761        5,184,500   
  

 

 

    

 

 

  

Total assets

      2,853,910,010        2,396,439,872   
  

 

 

    

 

 

  

Liabilities

     

Due to broker for securities purchased

      1,097,583        3,018,375   

Accrued expenses

      153,393        145,049   
  

 

 

    

 

 

  

Total liabilities

      1,250,976        3,163,424   
  

 

 

    

 

 

  

Net assets available for benefits at fair value

      2,852,659,034        2,393,276,448   

Adjustment from fair value to contract value for interest in collective trust relating to fully benefit-responsive investment contracts

      (1,415,088 )      (1,540,512 ) 
  

 

 

    

 

 

  

Net assets available for benefits

    $ 2,851,243,946      $ 2,391,735,936   
  

 

 

    

 

 

  

The accompanying notes are an integral part of these financial statements.

 

2

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401(k) Savings and Profit Sharing Plan for Employees of NIKE, Inc.

Statement of Changes in Net Assets Available for Benefits

Year Ended May 31, 2014

 

 

Additions

   

Investment income

   

Net appreciation in fair value of investments

    $ 377,498,003   

Interest and dividends

      11,329,050   
  

 

 

  

Total investment income

      388,827,053   

Less: Investment expenses

      (472,146 ) 
  

 

 

  

Net investment income

      388,354,907   
  

 

 

  

Interest income on notes receivable from participants

      1,155,431   
  

 

 

  

Contributions

   

Employer, net of forfeitures

      101,555,361   

Participant

      87,603,557   

Rollover

      9,683,559   
  

 

 

  

Total contributions

      198,842,477   
  

 

 

  

Total additions

      588,352,815   
  

 

 

  

Deductions

   

Benefits paid to participants

      (127,222,742 ) 

Administrative expenses

      (1,622,063 ) 
  

 

 

  

Total deductions

      (128,844,805 ) 
  

 

 

  

Net increase

      459,508,010   

Net assets available for benefits

   

Beginning of year

      2,391,735,936   
  

 

 

  

End of year

    $ 2,851,243,946   
  

 

 

  

The accompanying notes are an integral part of these financial statements.

 

3

Table of Contents

401(k) Savings and Profit Sharing Plan for Employees of NIKE, Inc.

Notes to Financial Statements

May 31, 2014 and 2013

 

 

1. Description of the Plan

The following description of the 401(k) Savings and Profit Sharing Plan for Employees of NIKE, Inc. (the “Plan”) provides only general information. Participants should refer to the Plan document for a more complete description of the Plan’s provisions.

General

The Plan was established to provide for the retirement income requirements of and sharing in Company profits by eligible employees of NIKE, Inc. (the “Company”) and a retirement savings program for the employees of the Company not covered by a collective bargaining agreement. The Plan is subject to the provisions of the Employee Retirement Income Security Act of 1974 (“ERISA”), as amended. Administration of the Plan is performed by the Administrative Subcommittee of the Retirement Committee. The Plan is amended from time to time in order to comply with changes in applicable laws and to make changes in Plan administration.

The Northern Trust Company (“Northern Trust” or the “Trustee”) is the Trustee and Aon Hewitt Associates (“Aon Hewitt” or the “Recordkeeper”) is the Recordkeeper of the Plan’s assets. Self-directed brokerage account assets are held in the custody of Charles Schwab & Co. Inc. (“Charles Schwab” or the “Custodian”) and are maintained by the Trustee. The Plan’s investment decisions are overseen by the Investment Subcommittee of the Retirement Committee. Members of the Retirement Committee are appointed by the Board of Directors of the Company.

On January 1, 2012, the Company merged the Converse Inc. 401(k) Savings Plan and Hurley International LLC Tax Advantaged Plan (collectively, the “Affiliate Plans”) with and into the Plan (the “Plan Merger”). As a result of the Plan Merger, all assets and liabilities of the Affiliate Plans became assets and liabilities of the Plan, and the Affiliate Plans ceased to exist as of the close of business on January 1, 2012.

Eligibility

All employees, except those employees who are (1) covered by a collective bargaining agreement, (2) living outside the United States and not covered by the Company expatriate program, (3) working at the Company’s Memphis Apparel Distribution Center, whose employment is established pursuant to the Company’s Seasonal On Call Casual Employee Reserve (“SOCCER”) program, (4) not common-law employees, such as leased employees and individuals designated by NIKE as independent contractors, or (5) residing in Puerto Rico and working at the Puerto Rico facility, become eligible to receive profit sharing contributions on the first day of the Plan fiscal year coinciding with or immediately preceding completion of one year of employment with at least 1,000 hours of service. Employees are eligible to participate in the 401(k) portion of the Plan on the first day of employment.

Contributions

Participants may contribute up to 50% of their pre-tax annual compensation to the Plan, subject to annual individual deferral limitations under the Internal Revenue Code (“IRC”). Participants who have attained age 50 before the end of the Plan year are eligible to make catch-up contributions, as defined by the IRC. Participants may also contribute amounts representing distributions from other qualified defined benefit or defined contribution plans. Additionally, the Company will match participant contributions at a rate of 100% of the first 5% of the participant’s total base pay that is contributed to the account.

 

4

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401(k) Savings and Profit Sharing Plan for Employees of NIKE, Inc.

Notes to Financial Statements

May 31, 2014 and 2013

 

 

Prior to May 13, 2011, the Company match contributions related to the Plan’s 401(k) feature were invested in NIKE. Inc. Class B common stock and as of June 1, 2001, these match contributions became subject to participant self-direction after the initial investment in Company stock was made to the Plan. Participants could redeem their shares in Company stock and reinvest the cash into other managed funds. As of May 13, 2011, the Company match followed participants’ fund selections and NIKE, Inc. Class B common stock became one of the investment choices. No more than 10% of a participant’s deferral and corresponding match can go into the NIKE stock fund and a participant can only transfer a portion of his or her existing account balance to purchase NIKE stock if the percentage of their account balance invested in NIKE stock is less than or equal to 20%. Transfers out of the NIKE stock fund are permitted at any time.

Under the Plan’s profit sharing features, the Company may make discretionary annual contributions as designated by the Company’s Board of Directors. However, this amount cannot be greater than the amount allowable as a tax deduction under the IRC. The annual contributions will be funded no later than the date the Company’s federal income tax return is filed.

Profit sharing contributions are invested in various fixed income and equity funds similar to those offered under the Plan’s 401(k) features. Investments held by the Plan on behalf of participants related to profit sharing contributions are nonparticipant-directed. In a nonparticipant-directed program, the Investment Committee, under the guidance of investment managers, directs the specific investments held by the Plan. See Note 7 for applicable disclosures. Investments held by the Plan on behalf of participants related to 401(k) contributions are participant-directed. In a participant-directed program, the individual participant selects the investments for his or her individual account.

Participant Accounts

Separate individual 401(k) and profit sharing accounts are maintained for each participant. Each participant’s 401(k) account is credited with the participant’s contributions and rollovers, the Company’s matching contributions, Plan expenses and an allocation of the Plan’s investment income or losses based upon the participant’s election of investment options. Participants direct the investment of their contributions into various investment options offered by the Plan.

An eligible profit sharing participant is entitled to an annual allocation of the employer profit sharing contribution and former participant profit sharing forfeitures after restoration of previously forfeited accounts. Employer profit sharing contributions and former participant forfeitures are allocated in the proportion of the participant’s annual compensation to compensation of all participants subject to the IRC Section 415 defined maximum limitations. Participants do not direct the investment of profit sharing contributions.

Profit sharing investment income or loss and Plan expenses are allocated daily based on a ratio of each participant’s profit sharing account balance to the total profit sharing account balances.

The total benefit to which a participant is entitled is the benefit that can be provided from the participant’s vested 401(k) and profit sharing accounts.

Vesting

Participants in the 401(k) portion of the Plan are immediately vested in their elective, rollover, and Company matching contributions, plus actual earnings thereon. The Company contributions into the profit sharing portion of the Plan vest at 25% per year after completing two years of service, and vesting increases 25% for each additional year of service until fully vested after five years. Participants in the profit sharing portion of the Plan become fully vested in the Company’s contributions in the event of total and permanent disability, death, attainment of 65 years of age, or termination of the Plan.

 

5

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401(k) Savings and Profit Sharing Plan for Employees of NIKE, Inc.

Notes to Financial Statements

May 31, 2014 and 2013

 

 

Forfeitures

Upon a participant’s termination, the unvested portion of the participant’s profit sharing account is forfeited. Profit sharing forfeitures may be used to reduce future employer contributions or be allocated back to active participants. During the year ended May 31, 2014, profit sharing forfeitures of $1,662,421 were used to reduce employer contributions. At May 31, 2014 and 2013, accumulated profit sharing forfeitures totaled $1,590,615 and $1,351,379, respectively.

Notes Receivable From Participants

Participants may borrow a portion of their elective and rollover contributions by applying to the Administrative Subcommittee. Participants may borrow from their accounts amounts equal to the lesser of 50% of their vested account balance or $50,000 reduced by the balance of any outstanding loans. The term of the loan repayments ranges up to five years for general purpose loans and up to ten years for the purchase of a primary residence. The loans are secured by the balance in the participant’s account and bear interest at the prime rate plus one percentage point. Principal and interest are paid ratably through monthly deductions.

Benefit Payments

On termination of service due to death, disability, hardship, resignation, discharge and retirement, a participant is eligible to receive payments in the amount equal to the value of the participant’s vested interest in his or her account.

Vested benefits are distributed to participants in a lump-sum payment upon termination or are transferred to another qualified trust. Participants with vested benefits greater than $1,000 can elect to receive a distribution or leave their balance in the Plan. Terminated participants with balances greater than $1,000 may leave their vested benefits in the Plan until reaching the age of 65. Participants may apply to the Administrative Subcommittee to withdraw their voluntary 401(k) contributions in the event the participant is over age 59-1/2, or the participant has a financial hardship as stipulated in the Plan provisions. No withdrawals may be made from the unvested portion of the Company’s matching contributions, profit sharing contributions, or earnings thereon.

Plan Termination

Although it has not expressed any intent to do so, the Company has the right under the Plan to discontinue its contributions at any time and to terminate the Plan subject to the provisions of ERISA. In the event of Plan termination, the accounts of all participants would become fully vested. The net assets of the Plan would be distributed among the participants and beneficiaries of the Plan in proportion to their interests after proper allocation of any Plan expenses incurred upon termination.

 

2. Significant Accounting Policies

Basis of Accounting

The accompanying financial statements have been prepared on the accrual basis of accounting.

Investment Valuation and Income Recognition

The Company’s Retirement Committee determines the Plan’s valuation policies utilizing information provided by the Trustee and collective trust funds.

Managed funds consist of investments in preferred, common and foreign stock, corporate and foreign bonds, collective trust funds, registered investment companies, U.S. government securities, and interest bearing cash. See Note 4 for discussion of fair value measurements.

 

6

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401(k) Savings and Profit Sharing Plan for Employees of NIKE, Inc.

Notes to Financial Statements

May 31, 2014 and 2013

 

 

Investments are purchased and sold at the fair value of the underlying investments and receive the interest and dividend earnings of the underlying investments. Purchases and sales of securities are recorded on a trade date basis. Interest income is recorded on the accrual basis. Dividends are recorded on the ex-dividend date. The Plan presents, in the Statement of Changes in Net Assets Available for Benefits, the net appreciation or depreciation in the fair value of its investments, which consists of the realized gains or losses and the unrealized appreciation or depreciation on those investments.

Notes Receivable From Participants

Notes receivable from participants are measured at their unpaid principal balance plus any accrued but unpaid interest. Interest income is recorded on the accrual basis. Related fees are recorded as administrative expenses and are expensed when they are incurred. No allowance for credit losses has been recorded as of May 31, 2014 or 2013. If a participant ceases to make loan repayments and the plan administrator deems the participant loan to be in default, the participant loan balance is reduced and a benefit payment is recorded.

Benefits Payable

Benefits are recorded when paid. Accordingly, benefits payable to persons that have elected to withdraw from the Plan but not yet paid have not been accrued. At May 31, 2014 and 2013, there were $908,293 and $455,396, respectively, payable to participants.

Expenses

Expenses of administering the Plan and those which are directly related to investment transactions are paid out of the assets of the Plan.

Use of Estimates

The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of additions to and deductions from net assets available for benefits during the reporting period. Actual results could differ from those estimates.

Risks and Uncertainties

The Plan’s Management invests in various investment securities that are exposed to various risks, such as interest rate, market and credit risks. Due to the level of risk associated with certain investment securities, it is at least reasonably possible that changes in the values of investment securities, and thus the net asset value (NAV) of the funds, will occur in the near term and that such changes could materially affect participants’ account balances and the amount reported in the Statements of Net Assets Available for Benefits and the Statement of Changes in Net Assets Available for Benefits. Market values of investments may decline for a number of reasons, including changes in prevailing market and interest rates, increases in defaults and credit rating downgrades. The fair values assigned to the investments by the Plan are based upon available information believed to be reliable, which may be affected by conditions in the financial markets. The Plan may not be able to sell its investments when it desires to do so or to realize what it perceives to be its fair value in the event of a sale.

Subsequent Events

The Plan has evaluated subsequent events through November 21, 2014 and determined that no significant subsequent events have occurred requiring adjustments to the financial statements or disclosures.

 

7

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401(k) Savings and Profit Sharing Plan for Employees of NIKE, Inc.

Notes to Financial Statements

May 31, 2014 and 2013

 

 

 

3. Investments

The following presents investments that represent 5% or more of the Plan’s net assets at May 31, 2014:

 

Participant-directed

   

NIKE, Inc. Class B Common Stock

    $ 646,689,659   

Collective trust funds

   

Northern Trust Global Investments Collective Daily S&P 500 Equity Index Fund

      536,436,807   

Northern Trust Global Investments Collective Daily Russell * 2000 Equity Index Fund

      260,503,936   

NT Collective ACWI ex-US Fund (Lending)

      259,587,395   

Northern Trust Global Investments Collective Daily Aggregate * Bond Index Fund

      200,024,349   

Morley Stable Value Fund

      164,147,602   

Nonparticipant-directed

   

Collective trust funds

   

Northern Trust Global Investments Collective Daily S&P 500 Equity Index Fund

      163,352,118   

 

* The Plan has additional non participant-directed investments in this fund which do not exceed 5% or more of the Plan’s net assets.

The following presents investments that represent 5% or more of the Plan’s net assets at May 31, 2013:

 

Participant-directed

   

NIKE, Inc. Class B Common Stock

    $ 549,825,241   

Collective trust funds

   

Northern Trust Global Investments Collective Daily S&P 500 Equity Index Fund

      419,124,371   

Northern Trust Global Investments Collective Daily Aggregate * Bond Index Fund

      174,974,234   

Northern Trust Global Investments Collective Daily Russell * 2000 Equity Index Fund

      212,483,150   

Northern Trust Bank NA Collective Daily All Country World Exchange Fund

      208,237,646   

Morley Stable Value Fund

      146,716,861   

Nonparticipant-directed

   

Collective trust funds

   

Northern Trust Global Investments Collective Daily S&P 500 Equity Index Fund

      141,364,130   

 

* The Plan has additional non participant-directed investments in this fund which do not exceed 5% or more of the Plan’s net assets.

 

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401(k) Savings and Profit Sharing Plan for Employees of NIKE, Inc.

Notes to Financial Statements

May 31, 2014 and 2013

 

 

During the year ended May 31, 2014, all of the Plan’s investments (including gains and losses on investments bought and sold, as well as held during the year) appreciated in value as follows:

 

NIKE, Inc. Class B common stock

    $ 133,366,561   

Collective trust funds

      226,525,705   

Registered investment companies

      16,917,187   

Corporate bonds

      689,886   

Preferred and common stocks

      (1,336 ) 
  

 

 

  
   $ 377,498,003   
  

 

 

  

 

4. Fair Value Measurement

In determining fair value, the Plan uses a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurement) and the lowest priority to unobservable inputs (Level 3 measurement). The three levels of the fair value hierarchy are described below:

 

  Level l Inputs to the valuation methodology are unadjusted quoted prices for identical assets or liabilities in active markets that the Plan has the ability to access.

 

  Level 2 Inputs to the valuation methodology include:

 

  •  

Quoted price for similar assets or liabilities in active markets;

 

  •  

Quoted price for identical or similar assets or liabilities in inactive markets;

 

  •  

Inputs, other than quoted prices, that are observable for the asset or liability;

 

  •  

Inputs that are derived principally from, or corroborated by, observable market data by correlation or other means.

If the asset or liability has a specified (contractual) term, the Level 2 input must be observable for substantially the full term of the asset or liability.

 

  Level 3 Inputs to the valuation methodology are unobservable and significant to the fair value measurement.

The asset’s or liability’s fair value measurement level within the fair value hierarchy is based on the lowest level of any input that is significant to the fair value measurement. Valuation techniques used need to maximize the use of observable inputs and minimize the use of unobservable inputs.

The valuation methods described below may produce a fair value calculation that may not be indicative of net realizable value or reflective of future fair values. Furthermore, while the Plan believes its valuation methods are appropriate and consistent with other market participants, the use of different methodologies or assumptions to determine the fair value of certain financial instruments could result in different fair value measurement at the reporting date.

Following is a description of the valuation methodologies used for assets measured at fair value. There have been no changes in the methodologies used at May 31, 2014 and 2013.

Common, Preferred and Foreign Stocks: Investments in preferred, common and foreign stocks listed on a national securities exchange and over-the-counter securities are valued at the last reported sale price on the valuation date or, if no sales are reported for that day, the last published sale price.

 

9

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401(k) Savings and Profit Sharing Plan for Employees of NIKE, Inc.

Notes to Financial Statements

May 31, 2014 and 2013

 

 

Fixed Income Securities: Corporate bonds and US Treasuries are valued based on market values quoted by dealers who are market makers in these securities, by independent pricing services, or by a methodology approved by Northern Trust. Valuation techniques incorporate available market information and proprietary valuation models, which consider characteristics such as benchmark yield curve, coupon rates, credit spreads, estimated default rates and other features.

Registered Investment Companies: Registered investment companies (or mutual funds) are valued at the daily closing price as reported by the fund. Mutual funds held by the Plan are open-end mutual funds that are registered with the Securities and Exchange Commission. These funds are required to publish their daily NAV and to transact at that price. The mutual funds held by the Plan are deemed to be actively traded.

Collective trust funds: Collective trust funds represent investments held in pooled funds. The Plan’s interests in the collective trust funds are valued based on the NAV provided by Northern Trust. The accuracy of the NAV is verified using the audited financial statements of the collective trust funds. The NAV, as provided by the trustee, is used as a practical expedient to estimate fair value. The NAV is based on the fair value of the underlying investments held by the fund less its liabilities. This practical expedient is not used when it is determined to be probable that the fund will sell the investment for an amount different than the reported NAV. Participant transactions (purchases and sales) may occur daily. Were the Plan to initiate a full redemption of the collective trust, the investment advisor reserves the right to temporarily delay withdrawal from the trust in order to ensure that securities liquidations will be carried out in an orderly business manner.

Stable Value Fund: The Plan invests in the Union Bond & Trust Company Morley Stable Value Fund (“Morley Stable Value Fund”), a collective trust fund, which holds fully benefit-responsive investment contracts. This fund can be redeemed daily by participants subject to limitations on noncompeting options. The Morley Stable Value Fund’s trustee reserves the right to delay plan sponsor-initiated redemptions for up to 365 days. There are no other restrictions on collective trust transactions. Investment contracts held by a defined contribution plan are required to be reported at fair value. Because the participants transact at contract value, fair value is determined annually for financial reporting purposes only. The Investment Sub-Committee reviews the reasonableness of management’s use of the annual Morley Stable Value Fund audited financial statement fair value, adjusted to the Plan’s year-end, to determine the fair value of this fund. However, contract value is the relevant measurement attribute for that portion of the net assets available for benefits of a defined contribution plan attributable to fully benefit-responsive investment contracts because contract value is the amount participants would receive if they were to initiate permitted transactions under the terms of the Plan. The Plan invests in benefit-responsive investment contracts through a collective trust fund. The Statements of Net Assets Available for Benefits present the fair value of the investment in the collective trust fund as well as the adjustment of the investment in the collective trust fund from fair value to contract value relating to the investment contracts. The Statement of Changes in Net Assets Available for Benefits is prepared on a contract value basis.

 

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401(k) Savings and Profit Sharing Plan for Employees of NIKE, Inc.

Notes to Financial Statements

May 31, 2014 and 2013

 

 

The following tables set forth by level, within the fair value hierarchy, the Plan’s assets at fair value as of May 31, 2014 and 2013:

 

     Assets at Fair Value at Mar 31, 2014  
     Level l      Level 2      Level 3      Total  

Collective trust funds

            

Equity index funds

    $ —         $ 1,425,640,560       $ —         $ 1,425,640,560   

Other fixed income funds

         341,181,833            341,181,833   

Real estate funds

         40,145,084            40,145,084   

Stable value funds

            164,147,602         164,147,602   

Other short term investment funds

         3,945,088            3,945,088   
  

 

 

     

 

 

     

 

 

     

 

 

  

Total collective trust funds

      —           1,810,912,565         164,147,602         1,975,060,167   
  

 

 

     

 

 

     

 

 

     

 

 

  

Common and foreign stocks

            

Consumer discretionary

      646,689,659               646,689,659   

Information technology

      2,382               2,382   
  

 

 

     

 

 

     

 

 

     

 

 

  

Total common and foreign stocks

      646,692,041         —           —           646,692,041   
  

 

 

     

 

 

     

 

 

     

 

 

  

Preferred stocks

            

Consumer goods

      569,520               569,520   
  

 

 

     

 

 

     

 

 

     

 

 

  

Total preferred stocks

      569,520         —           —           569,520   
  

 

 

     

 

 

     

 

 

     

 

 

  

Registered investment companies

            

Commodity funds

      49,396,932               49,396,932   

Equity funds

      42,141,078               42,141,078   

Bond funds

      10,203,914               10,203,914   

Short term funds

      4,020,058               4,020,058   

Real estate funds

      612,977               612,977   
  

 

 

     

 

 

     

 

 

     

 

 

  

Total registered investment companies

      106,374,959         —           —           106,374,959   

Corporate and foreign bonds

         35,723,314            35,723,314   

Interest bearing cash

      1,705,571               1,705,571   
  

 

 

     

 

 

     

 

 

     

 

 

  

Total assets at fair value

    $ 755,342,091       $ 1,846,635,879       $ 164,147,602       $ 2,766,125,572   
  

 

 

     

 

 

     

 

 

     

 

 

  

 

11

Table of Contents

401(k) Savings and Profit Sharing Plan for Employees of NIKE, Inc.

Notes to Financial Statements

May 31, 2014 and 2013

 

 

 

     Assets at Fair Value at Mar 31, 2013  
     Level l      Level 2      Level 3      Total  

Collective trust funds

            

Equity index funds

    $ —         $ 1,157,755,404       $ —         $ 1,157,755,404   

Other fixed income funds

         282,039,321            282,039,321   

Real estate funds

         33,259,670            33,259,670   

Stable value funds

            148,446,672         148,446,672   

Other short term investment funds

         7,430,814            7,430,814   
  

 

 

     

 

 

     

 

 

     

 

 

  

Total collective trust funds

      —           1,480,485,209         148,446,672         1,628,931,881   
  

 

 

     

 

 

     

 

 

     

 

 

  

Common and foreign stocks

            

Consumer discretionary

      549,825,241               549,825,241   

Energy

      18,900               18,900   

Information technology

      2,073               2,073   
  

 

 

     

 

 

     

 

 

     

 

 

  

Total common and foreign stocks

      549,846,214         —           —           549,846,214   
  

 

 

     

 

 

     

 

 

     

 

 

  

Registered investment companies

            

Commodity funds

      41,299,375               41,299,375   

Equity funds

      33,208,119               33,208,119   

Bond funds

      10,083,733               10,083,733   

Short term funds

      4,468,336               4,468,336   

Real estate funds

      751,167               751,167   
  

 

 

     

 

 

     

 

 

     

 

 

  

Total registered investment companies

      89,810,730         —           —           89,810,730   

Corporate and foreign bonds

         39,917,598            39,917,598   

Interest bearing cash

      3,425,720               3,425,720   
  

 

 

     

 

 

     

 

 

     

 

 

  

Total assets at fair value

    $ 643,082,664       $ 1,520,402,807       $ 148,446,672       $ 2,311,932,143   
  

 

 

     

 

 

     

 

 

     

 

 

  

Level 3 Gains and Losses

The following table sets forth a summary of changes in the fair value of the Plan’s Level 3 assets for the year ended May 31, 2014:

 

     Morley Stable
Value Fund		  

Balance at beginning of year

    $ 148,446,672   

Purchases

      71,667,586   

Sales

      (57,608,848 ) 

Realized gains, net

      714,725   

Unrealized gains, net

      927,465   

Other

      2   
  

 

 

  

Balance at end of year

    $ 164,147,602   
  

 

 

  

Unrealized gains/(losses) from the guaranteed investment contract are not included in the Statement of Changes in Net Assets Available for Benefits as the contract is recorded at contract value for purposes of the net assets available for benefits.

 

12

Table of Contents

401(k) Savings and Profit Sharing Plan for Employees of NIKE, Inc.

Notes to Financial Statements

May 31, 2014 and 2013

 

 

Fair Value of Investments in Entities that Use NAV

The following table summarizes those investments measured at fair value using NAV as a practical expedient as of May 31, 2014 and 2013, respectively.

May 31, 2014

 

Fund    Fair Value      Unfunded
Commitments		    Redemption
Frequency		    Redemption
Notice Period

NT Collective Government Short Term Investment Fund

    $ 3,987,743       N/A    Daily    Same Day

NT Collective ACWI ex-US Fund (Non-Lending)

      78,812,676       N/A    Daily    1 Day

NT Collective Daily Aggregate Bond Index Fund

      292,327,018       N/A    Daily    Same Day

NT Collective Daily Russell 2000 Equity Index Fund

      299,223,989       N/A    Daily    Same Day

NT Collective S&P 400 Index Fund

      41,264,879       N/A    Daily    Same Day

NT Collective Daily S&P 500 Equity Index Fund

      699,788,925       N/A    Daily    Same Day

NT Collective World Government Bond Index Fund

      48,812,161       N/A    Daily    1 Day

NT Collective ACWI ex-US Fund (Lending)

      259,587,395       N/A    Daily    1 Day

NT Collective Developed International Small Cap Index Fund

      46,962,695       N/A    Daily    1 Day

NT Collective Global Real Estate Index Fund

      40,145,084       N/A    Daily    1 Day

Morley Stable Value Fund

      164,147,602       N/A    Daily    Same Day

May 31, 2013

 

Fund    Fair Value      Unfunded
Commitments		    Redemption
Frequency		    Redemption
Notice Period

NT Collective Government Short Term Investment Fund

    $ 7,430,814       N/A    Daily    Same Day

NT Collective ACWI ex-US Fund (Non-Lending)

      66,992,791       N/A    Daily    1 Day

NT Collective Daily Aggregate Bond Index Fund

      244,519,485       N/A    Daily    Same Day

NT Collective Daily Russell 2000 Equity Index Fund

      247,174,935       N/A    Daily    Same Day

NT Collective S&P 400 Index Fund

      34,892,149       N/A    Daily    Same Day

NT Collective Daily S&P 500 Equity Index Fund

      560,488,501       N/A    Daily    Same Day

NT Collective World Government Bond Index Fund

      37,519,836       N/A    Daily    1 Day

NT Collective ACWI ex-US Fund (Lending)

      208,237,646       N/A    Daily    1 Day

NT Collective Developed International Small Cap Index Fund

      39,969,380       N/A    Daily    1 Day

NT Collective Global Real Estate Index Fund

      33,259,670       N/A    Daily    1 Day

Morley Stable Value Fund

      148,446,672       N/A    Daily    Same Day

 

5. Party-in-Interest Transactions

The Plan’s investments represent funds invested in, or maintained by, Northern Trust and Charles Schwab. Northern Trust is the Trustee of the Plan assets and Charles Schwab is the Custodian of selected assets and, therefore, these investments represent exempt party-in-interest transactions.

 

13

Table of Contents

401(k) Savings and Profit Sharing Plan for Employees of NIKE, Inc.

Notes to Financial Statements

May 31, 2014 and 2013

 

 

Certain Plan investments are shares of Company common stock. For the year ended May 31, 2014 and 2013, the Plan purchased 135,834 and 141,834 shares of NIKE, Inc. Class B common stock, respectively, at a cost of $9,499,193 and $9,457,249, respectively. For the same years ended, the Plan sold 511,649 and 505,096 shares of NIKE, Inc. Class B common stock, respectively, at a cost of $31,611,267 and $37,495,438, respectively. At May 31, 2014 and 2013, the Plan held $646,689,659 (8,408,395 shares) and $549,825,241 (8,917,049 shares), respectively, of NIKE, Inc. Class B common stock.

 

6. Plan Tax Status

The Internal Revenue Service (“IRS”) has determined and informed the Company by letter dated December 16, 2013 that the Plan is designed in accordance with applicable sections of the IRC. Although the Plan has been amended since receiving the determination letter, the Plan administrator and the Plan’s tax counsel believe that the Plan is designed and is currently being operated in compliance with the applicable requirements of the IRC.

Accounting principles generally accepted in the United States of America require Plan management to evaluate tax positions taken by the Plan and recognize a tax liability if the Plan has taken an uncertain position that more likely than not would not be sustained upon examination by the IRS. The Plan administrator has analyzed the tax positions taken by the Plan, and has concluded that as of May 31, 2014 and 2013, there are no uncertain tax positions taken or expected to be taken that would require recognition of a liability or disclosure in the financial statements. The Plan is subject to routine audits by taxing jurisdictions within the United States of America; however, there are currently no audits for any tax periods in progress. The Plan administrator believes the Plan is no longer subject to income tax examinations for years prior to 2011.

 

7. Nonparticipant-directed Investments

Information about the net assets at May 31 and the significant components of the changes in net assets for the year ended May 31 relating to the nonparticipant-directed investments is as follows:

 

     2014     2013  

Net assets

     

Collective trust funds

    $ 553,862,586      $ 464,281,446   

Employer receivable

      48,690,673        46,735,971   

Registered investment companies

      49,260,401        41,130,734   

Corporate and foreign bonds

      35,723,314        39,713,678   

Accrued interest and dividends

      637,919        717,747   

Cash

      13,488        —     

Interest bearing cash

      1,695,548        3,415,879   

Common and foreign stocks

      2,382        20,973   

Preferred stocks

      569,520        203,920   

Due from broker for securities sold

      882,545        2,666,862   

Due to broker for securities purchased

      (1,097,583 )      (3,018,375 ) 

Accrued expenses

      (70,123 )      (69,203 ) 
  

 

 

    

 

 

  

Total net assets

    $ 690,170,670      $ 595,799,632   
  

 

 

    

 

 

  

 

14

Table of Contents

401(k) Savings and Profit Sharing Plan for Employees of NIKE, Inc.

Notes to Financial Statements

May 31, 2014 and 2013

 

 

 

     Year Ended  
     May 31, 2014  

Changes in net assets

   

Net appreciation in fair value of investments

    $ 75,234,801   

Employer contributions

      48,690,673   

Interest and dividends

      2,580,249   

Purchases and sales, net

      109,402   

Administrative and investment expenses

      (904,450 ) 

Benefits paid to participants

      (31,339,652 ) 
  

 

 

  
   $ 94,371,023   
  

 

 

  

 

8. Reconciliation of Financial Statements to Form 5500

The following is a reconciliation of net assets available for benefits per the financial statements to the Form 5500 at May 31, 2014 and 2013:

 

     2014     2013  

Net assets available for benefits per the financial statements

    $ 2,851,243,946      $ 2,391,735,936   

Benefits payable

      (908,293 )      (455,396 ) 

Loans deemed to be distributions for financial reporting purposes

      (626,773 )      (559,901 ) 

Adjustment from fair value to contract value for interest in collective trust relating to fully benefit-responsive investment contracts

      1,415,088        1,540,512   
  

 

 

    

 

 

  

Net assets available for benefits per Form 5500

    $ 2,851,123,968      $ 2,392,261,151   
  

 

 

    

 

 

  

The following is a reconciliation of the net increase in net assets available for benefits per the financial statements to the Form 5500 at May 31, 2014:

 

Net increase in net assets per the financial statements

    $ 459,508,010   

Benefits payable at May 31, 2014

      (908,293 ) 

Benefits payable at May 31, 2013

      455,396   

Loans deemed to be distributions for financial reporting purposes at May 31, 2014

      (626,773 ) 

Loans deemed to be distributions for financial reporting purposes at May 31, 2013

      559,901   

Adjustment from fair value to contract value for interest in collective trust at May 31, 2014

      1,415,088   

Adjustment from fair value to contract value for interest in collective trust at May 31, 2013

      (1,540,512 ) 
  

 

 

  

Net increase in net assets per Form 5500

    $ 458,862,817   
  

 

 

  

 

15

Table of Contents

Supplemental Schedules

Table of Contents

401(k) Savings and Profit Sharing Plan for Employees of NIKE, Inc.

Schedule H, Line 4i – Schedule of Assets (Held at End of Year)

May 31, 2014

 

 

(a)    (b)    (c)    (c)    (c)    (c)    (d)    (e)  
               Rate    Date of                 
     Identity of Issue, Borrower,         of    Maturity    Par         Current  
     Lessor or Similar Party    Description of Investments    Interest    Year    Month    Value    Cost (1)    Value  
  

Participant directed

                     
  

1st Eagle Funds Inc

    Registered investment company                   $ 7,746   
  

1st Eagle Funds Overseas Fund

    Registered investment company                     199,753   
  

lst Eagle Sogen Funds Global Fund

    Registered investment company                     544,319   
  

1st Eagle Sogen Funds Gold Fund

    Registered investment company                     66,215   
  

3rd Avenue Tr Intl Value Fund

    Registered investment company                     8,767   
  

3rd Avenue, Tr Real Estate Value Fund

    Registered investment company                     56,601   
  

Aberdeen Intl Equity Fund

    Registered investment company                     15,648   
  

Aberdeen Global Nat Res Fund

    Registered investment company                     7,063   
  

Advantage Funds Dreyfus Global Absolute

    Registered investment company                     5,262   
  

Advisors Inner Circle Fund Acadian Emerging Mkts Inst Fund

    Registered investment company                     17,774   
  

Advisors Inner Circle Fund Cambiar Aggressive Value

    Registered investment company                     45,236   
  

Advisors Inner Circle Fund II Inc New Champlain Small Co Fund

    Registered investment company                     32,689   
  

Advisors Ser Tr Huber Cap Small Cap Value

    Registered investment company                     167,466   
  

Aim Counselor Ser Tr Invesco Van Kampen

    Registered investment company                     13,036   
  

Aim Invesco Balanced-risk Allocation Fund CL A

    Registered investment company                     2,217   
  

Aim Invesco International Fund Asia

    Registered investment company                     18,938   
  

Aim Sector Funds Invesco Gold & Precious Metals

    Registered investment company                     15,266   
  

Aim Sector Funds Invesco Van Kampen CL Y

    Registered investment company                     9,758   
  

Aim Sector Funds Invesco Small Cap Value CL A

    Registered investment company                     15,629   
  

Alger Funds II Spectra CL A

    Registered investment company                     63,381   
  

Alger Funds II Spectra CL I

    Registered investment company                     95,059   
  

Alliance Bernstein Growth & Inc Fund

    Registered investment company                     20,838   
  

Alliance Bernstein Global Bond

    Registered investment company                     101,273   
  

Alliance Berstein HI Inc Fund CL A

    Registered investment company                     79,499   
  

Alliance Bernstein Quasar Fund CL A

    Registered investment company                     2,236   
  

Alliance Bernstein Small/Mid Cap Growth

    Registered investment company                     2,178   
  

Alliance Funds Global Small Cap

    Registered investment company                     2,445   
  

Allianz Funds NFJ Intl Value Fund CL D

    Registered investment company                     93,947   
  

Allianz Funds NFJ Dividend Value

    Registered investment company                     14,583   
  

Allianz Funds RCM Wellness Fund

    Registered investment company                     43,378   
  

Amana Mutual Fund Tr Growth Fund

    Registered investment company                     267,736   
  

Amana Mutual Fund Tr Income Fund

    Registered investment company                     72,959   
  

American AMCAP Fund

    Registered investment company                     66,878   
  

American Beacon Intl Equity

    Registered investment company                     35,170   
  

American Beacon Funds Large Cap Value Fund

    Registered investment company                     156,728   
  

American Beacon Funds Mid Cap Value Fund

    Registered investment company                     44,694   
  

American Bellcon Funds Small Cap Value Fund

    Registered investment company                     51,354   
  

American Cap World Growth & Inc Fund

    Registered investment company                     5,168   
  

American Century 20th Century Growth Fund

    Registered investment company                     289,295   
  

American Century Cap Portfolio Inc Equity Income Fund

    Registered investment company                     501,397   
  

American Century Cap Portfolio Inc Mid Cap Value Fund

    Registered investment company                     127,563   
  

American Century Cap Portfolio Inc Real Estate Fund

    Registered investment company                     23,341   
  

American Century Cap Portfolio Inc Value Fund

    Registered investment company                     53,958   
  

American Century Ginnie Mae Investor Class

    Registered investment company                     4,415   
  

American Century Govt Inc Tr Benham

    Registered investment company                     65,398   
  

American Century Govt Inc Tr Inflation-adjusted Bd Fund

    Registered investment company                     49,792   
  

American Century Intl Bond Fund

    Registered investment company                     11,057   
  

American Century Mut Fund Inc Heritage Fund

    Registered investment company                     86,364   
  

American Century Mutual Funds Inc Cap Value

    Registered investment company                     112,594   
  

American Century Quantitative Equity Growth Fund

    Registered investment company                     220,863   
  

American Century Quantitative Equity Utils Fund

    Registered investment company                     50,632   
  

American Century World Mutual Fund Inc 20th Centy Intl Discovery Fund

    Registered investment company                     29,319   
  

American Century World Mutual Fund Inc 20th Centy Intl Growth Fund

    Registered investment company                     116,849   
  

Appleseed Fund

    Registered investment company                     38,755   
  

Arbitrage Funds CL R

    Registered investment company                     5,817   
  

Ariel Invt Tr Appreciation Fund

    Registered investment company                     22,097   
  

Ariel Invt Tr Focus Fund

    Registered investment company                     11,643   
  

Arrow Invts Tr Commodity Strategy

    Registered investment company                     16,750   
  

Arlio Global lnvt Funds Aberbeen Select Intl Equity II CL A

    Registered investment company                     8,446   
  

Artisan Funds Global Value

    Registered investment company                     34,318   
  

Artisan Funds Inc International Value Fund

    Registered investment company                     83,507   
  

Artisan Funds Inc International Fund

    Registered investment company                     401,963   
  

Artisan Funds Inc International Small Cap Fund

    Registered investment company                     16,971   
  

Artisan Partners Funds Global Equity

    Registered investment company                     17,890   
  

Artisan Funds Mid Cap Fund

    Registered investment company                     279,662   
  

Artisan Funds Mid Cap Value Fund

    Registered investment company                     37,547   
  

AQR Funds Small Cap Momentum

    Registered investment company                     12,556   
  

Aquila Three Peaks High Income Fund

    Registered investment company                     53,952   
  

Aston Funds Small Cap Growth

    Registered investment company                     28,921   
  

Aston Funds for future issues—Fairpointe Mid Cap Fund

    Registered investment company                     41,076   
  

Aston Funds for future issues—Montag Caldwll Growth Fund

    Registered investment company                     16,187   
  

Baird Funds Core Plus Bond Fund

    Registered investment company                     45,742   
  

Baron Ast Fund Growth Fund

    Registered investment company                     451,247   
  

Baron Ast Fund Small Cap Fund

    Registered investment company                     185,901   
  

Baron Invt Funds Tr Opportunity Fund

    Registered investment company                     3,314   
  

Baron Partners Fund

    Registered investment company                     112,344   
  

Baron Select Fund Real Estate Fund

    Registered investment company                     24,407   
  

Blackrock Emerging Markets

    Registered investment company                     25,401   
  

Blackrock Equity Dividend Fund CL-A

    Registered investment company                     228,871   
  

Blackrock Equity Dividend fund Svc Cl

    Registered investment company                     40,161   
  

Blackrock Funds High Yield Bond

    Registered investment company                     23,829   
  

Blackrock Funds Intl Opportunities Portfolio

    Registered investment company                     67,568   
  

Blackrock Funds Global Allocation Fund CL A

    Registered investment company                     15,967   
  

Blackrock Funds Global Long/Short

    Registered investment company                     79,581   
  

Blackrock Funds II Multi Asset Income

    Registered investment company                     66,750   
  

Blackrock GNMA Portfolio

    Registered investment company                     3,564   
  

Blackrock Hlth Sc- Inv A

    Registered investment company                     12,854   
  

Blackrock Nat Res Tr CL A

    Registered investment company                     5,411   
  

Blair William Mutual Funds Small Cap Growth Fund

    Registered investment company                     36,253   
  

Blair William Mutual Funds Small Mid-Cap Growth Fund

    Registered investment company                     21,532   

 

17

Table of Contents

401(k) Savings and Profit Sharing Plan for Employees of NIKE, Inc.

Schedule H, Line 4i – Schedule of Assets (Held at End of Year)

May 31, 2014

 

 

(a)    (b)    (c)    (c)    (c)    (c)    (d)    (e)  
               Rate    Date of                 
     Identity of Issue, Borrower,         of    Maturity    Par         Current  
     Lessor or Similar Party    Description of Investments    Interest    Year    Month    Value    Cost (1)    Value  
  

BMO Small Cap Growth

    Registered investment company                     7,137   
  

BMO Funds Inc Tch Corp Income Fund CL Y

    Registered investment company                     35,141   
  

BNY Mellon Funds Tr Small Cap Multi Strategy Fund

    Registered investment company                     1,716   
  

Bridgeway Aggressive Investors Fund

    Registered investment company                     14,316   
  

Bridgeway Small Cap Value Fund CL N

    Registered investment company                     8,198   
  

Broadview Funds Tr Opportunity Fund

    Registered investment company                     8,733   
  

Brown Advisory Growth Equity Fund

    Registered investment company                     45,594   
  

Brown Cap Mgmt Small Co Fund

    Registered investment company                     34,001   
  

Buffalo Hi Yield Fund

    Registered investment company                     14,562   
  

Buffalo Funds Discovery

    Registered investment company                     45,915   
  

Buffalo Emerging Opportunities Fund

    Registered investment company                     31,522   
  

Buffalo Small Cap Fund

    Registered investment company                     52,909   
  

Burnham Finl Services Fund CL A

    Registered investment company                     2,028   
  

Calamos Invt Tr New Growth Fund

    Registered investment company                     85,062   
  

Calvert Impact Fund Inc Global Water Fund CL A

    Registered investment company                     2,200   
  

Calvert Ultra Short Income Fund CL Y

    Registered investment company                     25,746   
  

Calvert Ultra Short Fltg Income Fund CL A

    Registered investment company                     62,159   
  

Causeway Emerging Markets Fund

    Registered investment company                     19,756   
  

CGM Focus Fund

    Registered investment company                     184,737   
  

CGM Tr Realty Fund

    Registered investment company                     71,318   
  

Champlain Mid Cap Fund

    Registered investment company                     154,271   
  

Cohen & Steers lntl Rlty Shs Fund

    Registered investment company                     5,745   
  

Cohen & Steers Rlty Focus Fund CL A

    Registered investment company                     17,668   
  

Cohen & Steers Rlty Shs Inc Com Fund

    Registered investment company                     348,857   
  

Columbia Acorn Tr. European Fund

    Registered investment company                     19,449   
  

Columbia Acorn Tr Fund CL Z

    Registered investment company                     14,275   
  

Columbia Funds Ser Tr Emerging Markets

    Registered investment company                     23,135   
  

Columbia Funds Ser Tr Energy & Nat Res

    Registered investment company                     73,858   
  

Columbia Funds Ser Tr Value & Restructuring CL Z

    Registered investment company                     216,969   
  

Columbia Funds Ser Tr Mid Cap Value

    Registered investment company                     9,914   
  

Commerce Funds Value Fund

    Registered investment company                     31,905   
  

Conestoga Funds Small Cap Fund

    Registered investment company                     53,412   
  

CRM Small/Mid Cap Value Fund

    Registered investment company                     18,375   
  

DFA Invt Dimensions Group US Micro Cap Fund

    Registered investment company                     16,649   
  

Diamond Hill Large Cap

    Registered investment company                     11,254   
  

Diamond Hill Small Cap Fund

    Registered investment company                     33,774   
  

Direxion Funds Latin America Bull

    Registered investment company                     1,688   
  

Direxion Funds Monthly NASDAQ-100

    Registered investment company                     5,088   
  

Direxion Funds Monthly Nat Res Bull 2x Fund

    Registered investment company                     1,477   
  

Direxion Funds Monthly S&P 500 Bull 2x

    Registered investment company                     2,474   
  

Direxion Funds Monthly 7-10 Yr Treas Bear 2x

    Registered investment company                     28,240   
  

Dodge & Cox Balanced Fund

    Registered investment company                     297,320   
  

Dodge & Cox Inc Fund

    Registered investment company                     123,691   
  

Dodge & Cox International Stock Fund

    Registered investment company                     384,630   
  

Dodge & Cox Global Stk Fund

    Registered investment company                     1,172   
  

Dodge & Cox Stock Fund

    Registered investment company                     216,793   
  

Domini Social Index Fund

    Registered investment company                     8,000   
  

Doubleline Total Return Bond—N

    Registered investment company                     173,672   
  

Doubleline Total Return Bond—I

    Registered investment company                     49,403   
  

Dreyfus Appreciation Fund

    Registered investment company                     85,080   
  

Dreyfus Emerging Markets Fund

    Registered investment company                     130,137   
  

Dreyfus Fund Inc

    Registered investment company                     18,615   
  

Dreyfus Index Funds S&P 500 Index Fund

    Registered investment company                     27,001   
  

Dreyfus Index Funds Small Cap Stock Fund

    Registered investment company                     54,266   
  

Dreyfus Invt Grade Fund

    Registered investment company                     5,060   
  

Dreyfus Midcap Index Fund

    Registered investment company                     23,874   
  

Dreyfus Midcap Growth Fund

    Registered investment company                     21,219   
  

Dreyfus NY Municipal Cash Mgmt Emerging Markets Fund

    Registered investment company                     8,469   
  

Dreyfus Opportunistic Mid Cap Value

    Registered investment company                     57,839   
  

Dreyfus/The Boston Company Small/Mid Cap Growth Fund CL A

    Registered investment company                     4,840   
  

DWS Mkt Tr Alternative Asset Allocation Fund

    Registered investment company                     31,705   
  

DWS Secs Tr Gold & Precious Metals Fund CL S

    Registered investment company                     44,297   
  

Eagle Ser

    Registered investment company                     25,253   
  

Eaton Vance Inc Fund Bstn Inc

    Registered investment company                     155,157   
  

Eaton Vance Mutual Funds Tr Fltg Rate Advantage CL A

    Registered investment company                     25,306   
  

Eaton Vance Mutual Funds Tr Fltg Rate & High Income Fund

    Registered investment company                     59,945   
  

Eaton Vance Mutual Funds Tr Fltg Rate Fund Advisors Cl

    Registered investment company                     41,266   
  

Eaton Vance Mutual Funds Tr Strategic Inc Fund

    Registered investment company                     109,734   
  

Eaton Vance Parametric Structured Emerging Markets

    Registered investment company                     181,659   
  

Eaton Vance Spl Invt Tr Greater India Fund

    Registered investment company                     48   
  

Equity Inc A

    Registered investment company                     90,470   
  

Europac Growth Fund CL F-l

    Registered investment company                     22,580   
  

Europac Growth Fund CL R-4

    Registered investment company                     142,816   
  

Europac Growth Fund CL R-5 _

    Registered investment company                     30,587   
  

Fairholme Income Fund

    Registered investment company                     542,425   
  

Federated Income Secs Tr Short-term Income Fund

    Registered investment company                     11,994   
  

Federated Prudent Bear Fund

    Registered investment company                     8,886   
  

Federated Total Retum Sers Inc Bond Fund

    Registered investment company                     209,437   
  

Fedt Equity Inc Fund CL A

    Registered investment company                     12,555   
  

Fedt Hi Yield Tr Sh Ben Int Open End Fund

    Registered investment company                     34,003   
  

Fidelity Advisor Ser II Fltg Rate High Inc Fund

    Registered investment company                     316,205   
  

Fidelity Advisor Ser VIII Emerging Asia Fund

    Registered investment company                     34,321   
  

Fidelity Cap & Income Fund

    Registered investment company                     33,370   
  

Fidelity China Region Fund

    Registered investment company                     24,067   
  

Fidelity Concord Str Tr Spartan Intl Index Fund

    Registered investment company                     45,344   
  

Fidelity Concord Str Tr Spartan Short term Treas Bd Index

    Registered investment company                     69,465   
  

Fidelity Finl Tr Conv Sec Fund

    Registered investment company                     20,877   

 

18

Table of Contents

401(k) Savings and Profit Sharing Plan for Employees of NIKE, Inc.

Schedule H, Line 4i – Schedule of Assets (Held at End of Year)

May 31, 2014

 

 

(a)    (b)    (c)    (c)    (c)    (c)    (d)    (e)  
               Rate    Date of                 
     Identity of Issue, Borrower,         of    Maturity    Par         Current  
     Lessor or Similar Party    Description of Investments    Interest    Year    Month    Value    Cost (1)    Value  
  

Fidelity Invt Tr Canada Fund

    Registered investment company                     18,281   
  

Fidelity Contra Fund

    Registered investment company                     292,906   
  

Fidelity Equity Income Real Estate Invt Portfolio

    Registered investment company                     35,426   
  

Fidelity DVD Growth Fund

    Registered investment company                     6,680   
  

Fidelity Hastings Str Tr Growth Fund

    Registered investment company                     9,112   
  

Fidelity Invt Tr Emerging Markets Fund

    Registered investment company                     5,856   
  

Fidelity Invt Tr New Markets Income Fund

    Registered investment company                     29,842   
  

Fidelity Invt Tr Worldwide Fund

    Registered investment company                     28,568   
  

Fidelity Low priced stock Fund

    Registered investment company                     54,979   
  

Fidelity Magellan Fund

    Registered investment company                     7,083   
  

Fidelity New Latin America Fund

    Registered investment company                     8,098   
  

Fidelity New Millennium Fund

    Registered investment company                     13,016   
  

Fidelity OTC Portfolio Open End Fund

    Registered investment company                     33,206   
  

Fidelity Puritan Fund

    Registered investment company                     10,058   
  

Fidelity Secs Fund Intl Real Estate

    Registered investment company                     23,292   
  

Fidelity Select Biotechnology

    Registered investment company                     31,259   
  

Fidelity Select Portfolios Advisor Materials CL A

    Registered investment company                     17,477   
  

Fidelity Secs Blue Chip Growth Fund

    Registered investment company                     3,012   
  

Fidelity Secs Fund Small Cap Value Fund

    Registered investment company                     15,516   
  

Fidelity Small Cap Stock Fund

    Registered investment company                     33,113   
  

Fidelity Value Fund

    Registered investment company                     171,191   
  

Financial Invs Tr Grandeur Peak Intl Opportunities Fund

    Registered investment company                     105,505   
  

Financial Invs Tr Vulcan Value

    Registered investment company                     25,693   
  

Financial Invs Tr Vulcan Value Partners Fund

    Registered investment company                     32,496   
  

First Focus Tributary Balanced Fund

    Registered investment company                     2,513   
  

Firsthand Funds Technology Opportunities Fund

    Registered investment company                     6,510   
  

Firsthand Funds Technology Value Fund

    Registered investment company                     21,102   
  

Fleming Cap Mut Fund Group JP Morgan MidCap Value Fund

    Registered investment company                     15,217   
  

FMI Common Stk Fund

    Registered investment company                     19,066   
  

FMI Funds Inc

    Registered investment company                     318,130   
  

Forum Funds Merk Hard Currency

    Registered investment company                     82,778   
  

Franklin Balance Sheet Fund CL A

    Registered investment company                     32,645   
  

Franklin Managed Tr Rising Dividends

    Registered investment company                     33,349   
  

Franklin Strategic Ser Biotechnology Discovery Fund

    Registered investment company                     13,844   
  

Franklin Value Invs Tr Small Cap Value Fund

    Registered investment company                     212,344   
  

Franklin Growth Fund

    Registered investment company                     6,367   
  

Franklin Mutual Global Discovery

    Registered investment company                     44,127   
  

Gabelli Ast Fund Sh Ben Int Fund

    Registered investment company                     45,195   
  

Gabelli Equity Inc Fund

    Registered investment company                     185,583   
  

Gabelli Gold Fund

    Registered investment company                     7,195   
  

Gabelli Small Cap Growth Fund

    Registered investment company                     91,804   
  

Gabelli Value 25 Fund

    Registered investment company                     2,144   
  

Gateway Tr Fund CL A

    Registered investment company                     14,633   
  

Glenmede Inc Large Cap Growth

    Registered investment company                     69,679   
  

Glenmede Inc Large Cap 100 Port

    Registered investment company                     15,102   
  

Glenmede Small Capitalization Equity Port Adv

    Registered investment company                     17,441   
  

Goldman Sachs Tr Mid Cap Value Fund CL A

    Registered investment company                     52,782   
  

Goldman Sachs Tr Mid Cap Equity Fund Instl Shs

    Registered investment company                     17,687   
  

Goldman Sachs Tr Small/Mid Cap Growth Fund

    Registered investment company                     26,168   
  

Goldman Sachs Tr Strategic Income Fund

    Registered investment company                     1,945   
  

Greenspring Fund

    Registered investment company                     14,397   
  

Growth Fund America Inc CL F-1

    Registered investment company                     153,747   
  

Growth Fund America Inc CL R-4

    Registered investment company                     101,115   
  

Growth Fund America Inc CL R-5

    Registered investment company                     153,538   
  

Guinness Atkinson Funds Alternative Energy

    Registered investment company                     22,556   
  

Guiness Atkinson Funds China & Hong Kong

    Registered investment company                     37,852   
  

Guinness Atkinson Funds Global Energy

    Registered investment company                     1,654   
  

Hancock Horizon Burkenroad - A

    Registered investment company                     15,612   
  

Harbor Fund Intl Fund

    Registered investment company                     202,822   
  

Harbor Fund Bd Fund

    Registered investment company                     51,263   
  

Harbor Fund Cap Appreciation Fund

    Registered investment company                     47,086   
  

Harding Loevner Fds Inc Emerging Markets Portfolio Advisor CI

    Registered investment company                     19,206   
  

Harding Loevner Inter S/C-IV

    Registered investment company                     5,298   
  

Harding Loevner Intl Equity

    Registered investment company                     94,106   
  

Harris Assoc Invt Tr Oakmark Intl Small Cap Fund

    Registered investment company                     8,515   
  

Harris Assoc Invt Tr Oakmark Intl Fund

    Registered investment company                     831,253   
  

Hartford Mut Funds Growth Opportunities

    Registered investment company                     46,739   
  

Hartford Mutual Fund Inc for future issues Mid Cap

    Registered investment company                     48,866   
  

Heartland Group Inc Value Plus Fund

    Registered investment company                     57,162   
  

Henderson Global Funds Intl Opportunities Fund

    Registered investment company                     33,001   
  

Hennessy Mutual Funds Inc Focus Fund

    Registered investment company                     60,242   
  

Hennessy Mutual Funds Inc Focus Fund 30

    Registered investment company                     71,200   
  

Hennessy Funds Tr Gas Utility Index Fund

    Registered investment company                     44,823   
  

Hennessy Funds Tr Small Cap Finl Fund

    Registered investment company                     7,318   
  

Hennessy Select Sparx Japan Small Cos

    Registered investment company                     965   
  

Highland Funds I Fltg Rate Opportunities Fund

    Registered investment company                     2,077   
  

Homestead Funds Inc Small co Stk Fund

    Registered investment company                     45,321   
  

Hussman Strategic Growth Fund

    Registered investment company                     94,301   
  

Hussman Strategic Total Return Fund

    Registered investment company                     20,238   
  

Icon Funds Intl Equity Fund

    Registered investment company                     4,893   
  

Icon Funds Energy Fund

    Registered investment company                     138,912   
  

Icon Funds Information Tech Fund

    Registered investment company                     26,409   
  

Icon Funds Materials Fund

    Registered investment company                     2,889   
  

International Fund

    Registered investment company                     592,075   
  

Internet Fund

    Registered investment company                     10,012   
  

Intrepid Cap Mgmt Funds Small Cap

    Registered investment company                     5,579   
  

Invesco Charter Fund

    Registered investment company                     41,911   
  

Invesco Diversified Dividend Fund

    Registered investment company                     52,177   
  

Invesco Technology Fund

    Registered investment company                     3,264   
  

Investment Managers Ser Tr Europac Gold Fund

    Registered investment company                     29,474   
  

Investment Managers Ser Tr WCM Focused Intl Growth

    Registered investment company                     206,540   
  

Ivy Funds Inc Asset Strategy Fund CL A

    Registered investment company                     345,056   
  

Ivy Funds Inc LTD-Term Bond Fund CL Y

    Registered investment company                     3,506   
  

Ivy Funds Inc Science & Tech Fund CL Y

    Registered investment company                     35,384   
  

Ivy Funds Inc Small Cap Growth CL Y

    Registered investment company                     13,561   
  

Jumes Advantage Funds Balanced Golden Rainbow Fund

    Registered investment company                     4,696   

 

19

Table of Contents

401(k) Savings and Profit Sharing Plan for Employees of NIKE, Inc.

Schedule H, Line 4i – Schedule of Assets (Held at End of Year)

May 31, 2014

 

 

(a)    (b)    (c)    (c)    (c)    (c)    (d)    (e)  
               Rate    Date of                 
     Identity of Issue, Borrower,         of    Maturity    Par         Current  
     Lessor or Similar Party    Description of Investments    Interest    Year    Month    Value    Cost (1)    Value  
  

Janus Balanced Fund-T

    Registered investment company                     200,469   
  

Janus Contrarian Fund

    Registered investment company                     68,803   
  

Janus Enterprise T

    Registered investment company                     148,866   
  

Janus Flexible Bond F-T

    Registered investment company                     23,678   
  

Janus Global Life Sciences

    Registered investment company                     16,319   
  

Janus Global Select Fund T

    Registered investment company                     89,889   
  

Janus Global Technology-T

    Registered investment company                     37,293   
  

Janus Growth & Income Fund

    Registered investment company                     99,350   
  

Janus High Yield Fund-T

    Registered investment company                     51,437   
  

Janus Overseas Fund T

    Registered investment company                     69,480   
  

Janus Research Fund

    Registered investment company                     286,010   
  

Janus Triton Fund

    Registered investment company                     174,825   
  

Janus Venture Fund

    Registered investment company                     175,047   
  

Janus Worldwide Fund T

    Registered investment company                     13,833   
  

Jensen Portfolio Inc Fund CL J

    Registered investment company                     636,789   
  

JOHCM International Select Fund

    Registered investment company                     180,968   
  

John Hancock III Disciplined Value Mid Cap Fund

    Registered investment company                     4,291   
  

John Hancock Disciplined Value Fund CL A

    Registered investment company                     210,435   
  

John Hancock Funds II US Equity

    Registered investment company                     14,594   
  

John Hancock Strategic Ser Inc Fund

    Registered investment company                     16,453   
  

JP Morgan STR Income Opp - A

    Registered investment company                     100,427   
  

JP Morgan Tr I US Equity Fund CL A

    Registered investment company                     94,404   
  

JP Morgan Tr II Core Plus Bond Fund CL A

    Registered investment company                     110,964   
  

JP Morgan Tr II Equity Income Fund

    Registered investment company                     114,765   
  

JP Morgan Tr II Large, Cap Growth

    Registered investment company                     56,772   
  

JP Morgan Tr II Small Cap Value Fund

    Registered investment company                     3,936   
  

Kalmar Pooled Invt Tr Small Cap

    Registered investment company                     56,852   
  

Keeley Small Cap Value Fund

    Registered investment company                     94,166   
  

Kinetics New Paradigm Fund

    Registered investment company                     13,749   
  

Large Cap Value

    Registered investment company                     96,364   
  

Laudus Tr Growth Large Cap Growth Fund

    Registered investment company                     173,364   
  

Laudus Tr Mondrian Intl Govt Fixed Income

    Registered investment company                     8,522   
  

Lazard Funds Inc Dev Mkts Equity Port Open Shs

    Registered investment company                     3,712   
  

Lazard Funds Inc Emerging Markets Fund

    Registered investment company                     15,185   
  

Lazard Funds Inc Emerging Markets Fund Equity Port Open Shs

    Registered investment company                     149,380   
  

Lazard Funds Inc Intl Small Cap Fund

    Registered investment company                     3,228   
  

Lazard Funds Inc Intl Strategic Equity

    Registered investment company                     15,242   
  

Lazard Funds Inc Realty Equity Portfolio Open

    Registered investment company                     11,508   
  

Lazard Funds Inc Realty Income Portfolio Open

    Registered investment company                     16,844   
  

Legg Mason Invt Tr Opportunity

    Registered investment company                     22,943   
  

Legg Mason Global Ast Mgmt Tr

    Registered investment company                     156,518   
  

Legg Mason Partners Equity Tr Clearbridge Small Cap Growth

    Registered investment company                     3,879   
  

Litman Gregory Funds Tr Masters Alternative Strategies

    Registered investment company                     59,324   
  

Loomis Sayles Bond Fund

    Registered investment company                     360,545   
  

Loomis Sayles Funds II CL A

    Registered investment company                     11,432   
  

Loomis Sayles Invt Tr Small Cap Value Fund

    Registered investment company                     38,342   
  

Loomis Sayles Invt Tr Global Bond Fund

    Registered investment company                     8,297   
  

Lord Abbet High Yield Fund CL A

    Registered investment company                     48,613   
  

Lord Abbet Invt Tr Fltg Rate Fund CL A

    Registered investment company                     41,791   
  

Lord Abbet Invt Tr Multi-asset Income Fund CL A

    Registered investment company                     13,715   
  

Mainstay Funds Global High Income Fund CL A

    Registered investment company                     2,656   
  

Mainstay Funds Tr Marketfield Fund CL A

    Registered investment company                     12,537   
  

Mainstay ICAP International

    Registered investment company                     38,262   
  

Mainstay ICAP Select Equity

    Registered investment company                     28,303   
  

Mairs and Power Growth Fund

    Registered investment company                     53,864   
  

Managers AMG - 2Y1SAM1

    Registered investment company                     552,615   
  

Managers AMG - 2Y1UAQ1

    Registered investment company                     43,724   
  

Managers AMG - 2Y1AA21

    Registered investment company                     5,182   
  

Managers AMG - 2Y1RAK1

    Registered investment company                     337,633   
  

Managers Funds Real Estate Secs Fund

    Registered investment company                     28,857   
  

Manning & Napier Fund Inc New Equity Ser Fund

    Registered investment company                     11,994   
  

Manning & Napier Fund Inc New Intl Ser CL S

    Registered investment company                     13,594   
  

Manning & Napier Fund New World Opportunities

    Registered investment company                     179,277   
  

Manning & Napier Fund Real Estate Series

    Registered investment company                     13,213   
  

Marisco Invt Fund Flexible Cap Fund

    Registered investment company                     131,790   
  

Marisco Invt Fund Focus Fund

    Registered investment company                     191,966   
  

Marsico Invt Growth Fund

    Registered investment company                     7,932   
  

Marsico lnvt Fund 21st Century Fund

    Registered investment company                     69,839   
  

Matthew 25 Fund

    Registered investment company                     54,752   
  

Matthews Asian Funds Asia Dividend

    Registered investment company                     55,106   
  

Matthews Intl Funds Asian Sci & Technology

    Registered investment company                     8,159   
  

Matthews Intl Funds Asia Growth & Income

    Registered investment company                     343,780   
  

Matthews International Funds China Fund

    Registered investment company                     109,912   
  

Matthews International Funds Pac Tiger Fund

    Registered investment company                     149,624   
  

Matthews International Funds India Fund

    Registered investment company                     27,203   
  

Merger Sh Ben Int

    Registered investment company                     3,019   
  

Meridian Fund Inc Com Open End Fund

    Registered investment company                     158,262   
  

Meridian Fund Inc Value Fund

    Registered investment company                     49,967   
  

Metropolitan West Funds Total Return Bond Fund

    Registered investment company                     248,833   
  

MFS Emerging Markets Debt Fund CL 1

    Registered investment company                     17,651   
  

MFS Intl New Discovery Fund CL A

    Registered investment company                     10,755   
  

MFS New Discovery Fund

    Registered investment company                     22,227   
  

MFS Ser Tr Emerging Markets Debt Fund

    Registered investment company                     349,144   
  

MFS Utils Fund

    Registered investment company                     95,035   
  

Morgan Stanley Institutional Mid Cap Growth

    Registered investment company                     121,267   
  

Morgan Stanley Instl Fund Inc Cap Growth Port CL A

    Registered investment company                     64,065   
  

Morgan Stanley Instl Fund Inc Small Co Growth Portfolio

    Registered investment company                     8,286   
  

Motley Fool Tr Great America Fund

    Registered investment company                     30,760   
  

Mutual Fund Ser Tr Catalyst Small Cap Insider Buying Fund

    Registered investment company                     27,216   
  

Mutual Fund Ser Tr Eventide Gilead Fund Retail CL

    Registered investment company                     1,901   
  

Mutuals Com USA Mutuals Barrier Fund

    Registered investment company                     1,577   
  

Needbam Funds Income Growth Fund

    Registered investment company                     49,938   
  

Neuberger & Beman Equity Funds Genesis Fund

    Registered investment company                     27,019   
  

Neuberger Berman Equity Assets Genesis Assets

    Registered investment company                     88,221   
  

Neuberger Berman Equity Multi Cap Opportunities Fund CL A

    Registered investment company                     2,323   
  

Neuberger Berman Equity Funds Real Estate Fund

    Registered investment company                     4,645   
  

Neuberger Berman Equity Funds Small Cap Growth Fund CL A

    Registered investment company                     8,808   
  

Neuberger Berman Equity Funds Small Cap Growth Fund Inv CL

    Registered investment company                     247,881   
  

Neuberger Berman Large Cap Value

    Registered investment company                     60   
  

New Perspective Fund CL F-I

    Registered investment company                     19,182   
  

Nicholas Fund Inc Cap Stk Open End

    Registered investment company                     9,073   

 

20

Table of Contents

401(k) Savings and Profit Sharing Plan for Employees of NIKE, Inc.

Schedule H, Line 4i – Schedule of Assets (Held at End of Year)

May 31, 2014

 

 

(a)    (b)    (c)    (c)    (c)    (c)    (d)    (e)  
               Rate    Date of                 
     Identity of Issue, Borrower,         of    Maturity    Par         Current  
     Lessor or Similar Party    Description of Investments    Interest    Year    Month    Value    Cost (1)    Value  
  

Northern Funds Small Cap Value Fund

    Registered investment company                     105,943   
  

Nuveen Invt Funds Real Estate

    Registered investment company                     35,377   
  

Nuveen Invt Funds Inc Small Cap

    Registered investment company                     7,256   
  

Nuveen Invt Tr V PFD Fund CI A

    Registered investment company                     68,227   
  

Oakmurk Equity & Inc Fund

    Registered investment company                     436,060   
  

Oakmark Fund

    Registered investment company                     465,137   
  

Oakmark Global Fund

    Registered investment company                     94,675   
  

Oakmark Select Fund

    Registered investment company                     185,454   
  

Oberweis Funds China Oppty Fund

    Registered investment company                     13,930   
  

Oberweis Funds Intl Opptys Fund

    Registered investment company                     5,029   
  

Oppenheimer Developing Markets CL A

    Registered investment company                     369,120   
  

Oppenheimer Developing Markets CL Y

    Registered investment company                     25,083   
  

Oppenheimer Global Growth & Income

    Registered investment company                     7,167   
  

Oppenheimer Intl Growth Fund CL A

    Registered investment company                     36,906   
  

Paradigm Funds Value

    Registered investment company                     12,433   
  

Parnassus Fund

    Registered investment company                     16,758   
  

Parnassus Inc Tr Core Eqty Fund

    Registered investment company                     507,110   
  

Payden & Rygel Invt Group Emerging Mkts Bond Fund

    Registered investment company                     10,642   
  

Payden & Rygel lnvt Group Emerging Mkts Bond Fund Advisor CI

    Registered investment company                     14,185   
  

Pear Tree Funds Polaris Foreign Value Sm Cap

    Registered investment company                     51,881   
  

Perkins Mid Cap Value

    Registered investment company                     131,622   
  

Perm Portfolio Fund

    Registered investment company                     172,682   
  

Perritt Micro cap Opportunities Fund

    Registered investment company                     17,444   
  

Perritt Funds Inc Ultra Microcap Fund

    Registered investment company                     18,030   
  

Pimco Funds Commodities Plus Strategy CL D

    Registered investment company                     15,224   
  

Pimco Funds Global Advantage Strategy Bond Fund

    Registered investment company                     3,614   
  

Pimco Funds Global Multi-Ast Fund CL D

    Registered investment company                     130,842   
  

Pimco Funds Global Multi-Asset Instl CI

    Registered investment company                     181,597   
  

Pimco Funds Pac lnvt Mgmt Ser Commodity Real Ret Fund

    Registered investment company                     92,168   
  

Pimco Funds Pac Invt Mgmt Ser Short-term Fund CL D

    Registered investment company                     96,493   
  

Pimco Funds Pac Invt Mgmt Ser Emerging Markets Bond Fund

    Registered investment company                     35,925   
  

Pimco Funds Pac Invt Mgmt Ser Fltg Income Fund CL D

    Registered investment company                     165,294   
  

Pimco Funds Pac lnvt Mgmt Ser For Future Issues

    Registered investment company                     24,477   
  

Pimco Funds Pac Invt Mgmt Ser For Future Issues All Auth CL D

    Registered investment company                     358,531   
  

Pimco Funds Pac Invt Mgmt Ser For Future Issues All Ast CL D

    Registered investment company                     66,611   
  

Pimco Funds Pac Invt Mgmt Ser Future Diversified Fund

    Registered investment company                     21,501   
  

Pimco Funds Pac Invt Mgmt Ser Hi Yield Fund

    Registered investment company                     32,041   
  

Pimco Funds Pac Invt Mgmt Ser Low Grade Bond Fund

    Registered investment company                     146,805   
  

Pimco Funds Pac Invt Mgmt Sec Low Duration Fund

    Registered investment company                     121,234   
  

Pimco Funds Pac Invt Mgmt Ser Total Return Fund

    Registered investment company                     715,810   
  

Pimco Funds Pac Invt Mgmt Ser Total Return Fund Instl CL

    Registered investment company                     122,626   
  

Pimco Funds Small Cap Stocks plus AR Strategy

    Registered investment company                     29,202   
  

Pimco Funds Sr Fltg Rate Fund CL D

    Registered investment company                     24,000   
  

Pimco Fundamental Index

    Registered investment company                     71,461   
  

Pimco Income Fund D

    Registered investment company                     227,168   
  

Pimco Income Fund-Ins

    Registered investment company                     106,208   
  

Pimco Real Return Bond Fund

    Registered investment company                     122,508   
  

Pimco Unconstrained Bond Fund

    Registered investment company                     73,471   
  

Pioneer Hi Yield Fund

    Registered investment company                     12,836   
  

Pioneer Ser Tr IV Multi-Ast Inc Fund CL A

    Registered investment company                     154,246   
  

PNC Small Cap Fund-A

    Registered investment company                     13,867   
  

Price T Rowe Growth Stk Fund

    Registered investment company                     37,537   
  

Price T Rowe Global Technology Fund

    Registered investment company                     212,871   
  

Price T Rowe Hi Yield Fund

    Registered investment company                     86,903   
  

Price T Rowe Health Science Fund

    Registered investment company                     178,758   
  

Price T Rowe Retirement Fund 2030FD

    Registered investment company                     33,243   
  

Price T Rowe Retirement Fund 2035FD

    Registered investment company                     2,378   
  

Primecap Odyssey Funds Aggressive Growth Fund

    Registered investment company                     166,205   
  

Primecap Odyssey Funds Growth Fund

    Registered investment company                     56,820   
  

Principal Funds Inc Equity Income Fund

    Registered investment company                     73,879   
  

Principal Funds Inc Global Real Estate CL A

    Registered investment company                     10,866   
  

Principal Funds Inc Small-Midcap Dividend Income Fund

    Registered investment company                     24,382   
  

Professionally Managed Fund Asterick Xupgrader Fund

    Registered investment company                     5,900   
  

Professionally Managed Portfolios Akre Focus Fund

    Registered investment company                     119,158   
  

Professionally Managed Portfolios Becker Value Equity Fund

    Registered investment company                     53,577   
  

Professionally Managed Portfolios Hodges Sm Cap

    Registered investment company                     8,601   
  

Professionally Managed Portfolios Osterweis Strategic Inc

    Registered investment company                     6,046   
  

Profunds Biotechnology Ultrasector

    Registered investment company                     14,308   
  

Profunds Consumer Svcs Ultrasector

    Registered investment company                     2,924   
  

Profunds Internet Ultrasector

    Registered investment company                     4,747   
  

Profunds Ultra Emerging Mkts Fund

    Registered investment company                     1,321   
  

Profunds Ultra Short Small Cap

    Registered investment company                     43,275   
  

Profunds Ultrabear

    Registered investment company                     38,674   
  

Profunds Utils Ultrasector

    Registered investment company                     613   
  

Prudential Invt Portfolios Inc 10 Jennison Equity Income Fund

    Registered investment company                     48,430   
  

Prudential Jennison Mid-Cap Growth

    Registered investment company                     10,453   
  

Prudential Jennison Natural Resources CL A

    Registered investment company                     32,697   
  

Prudential Short-term Corporate Bond Fund

    Registered investment company                     146,747   

 

21

Table of Contents

401(k) Savings and Profit Sharing Plan for Employees of NIKE, Inc.

Schedule H, Line 4i – Schedule of Assets (Held at End of Year)

May 31, 2014

 

 

(a)    (b)    (c)    (c)    (c)    (c)    (d)    (e)  
               Rate    Date of                 
     Identity of Issue, Borrower,         of    Maturity    Par         Current  
     Lessor or Similar Party    Description of Investments    Interest    Year    Month    Value    Cost (1)    Value  
  

Putnum Funds Tr Absolute Return 300 CL Y

    Registered investment company                     78,237   
  

Putnum Funds Tr Absolute Return 300 CL A

    Registered investment company                     21,427   
  

Putnum Funds Tr Capital Spectrum Fund CL A

    Registered investment company                     64,599   
  

Putnum Funds Tr Equity Spectrum Fund CL A

    Registered investment company                     14,000   
  

Real Estate Income Fund

    Registered investment company                     31,961   
  

Reynolds Funds Blue Chip Growth

    Registered investment company                     22,378   
  

Ridgeworth Funds High Income

    Registered investment company                     51,055   
  

Ridgeworth Funds Intermediate Bond Fund

    Registered investment company                     1,812   
  

Ridgeworth Funds Seix High Yield Fund

    Registered investment company                     24,129   
  

Riv Rd Divid All Cap Value

    Registered investment company                     7,768   
  

Rowe Price New Era Fund Inc

    Registered investment company                     111,034   
  

Rowe T Price Blue Chip Growth Fund

    Registered investment company                     41,320   
  

Rowe T Price Equity Inc Fund Sh Ben Int Open End

    Registered investment company                     466,621   
  

Rowe T Price Index Tr Income Equity 500 Index Fund

    Registered investment company                     11,797   
  

Rowe T Price Int Latin America Fund

    Registered investment company                     47,340   
  

Rowe T Price Inti Funds Inc Africa and the Middle East Fund

    Registered investment company                     7,442   
  

Rowe T Price Intl Funds Emerging Markets Stock Fund

    Registered investment company                     99,902   
  

Rowe T Price Intl Fund European Stock Fund

    Registered investment company                     21,784   
  

Rowe T Price Intl Funds New Asia

    Registered investment company                     32,015   
  

Rowe’T Price Mid-Cap Growth Fund

    Registered investment company                     36,198   
  

Rowe T Price Pers Strategy Funds

    Registered investment company                     1,281   
  

Rowe T Price Small Cap Fund

    Registered investment company                     15,959   
  

Rowe T Price Spectrum Fund Inc Intl Fund

    Registered investment company                     319,399   
  

Rowe T Price Spectrum Fund Inc Open End Fund

    Registered investment company                     460,519   
  

Rowe T Price Value Fund

    Registered investment company                     14,533   
  

Royce Fund Dividend Value

    Registered investment company                     32,566   
  

Royce Fund Heritage Fund

    Registered investment company                     80,214   
  

Royce Fund Low Priced Stock Fund

    Registered investment company                     39,982   
  

Royce Fund Opportunity Fund

    Registered investment company                     1,139   
  

Royce Fund Pa Mut Fund

    Registered investment company                     34,779   
  

Royce Fund Premier Fund Invt CL

    Registered investment company                     57,406   
  

Royce Fund Premier Fund Svs CL

    Registered investment company                     7,895   
  

Royce Fund Spl Equity Fund

    Registered investment company                     22,913   
  

Royce Fund Total Return Fund

    Registered investment company                     74,498   
  

Royce Fund Total Return Fund Svc CL

    Registered investment company                     12,696   
  

Royce Fund Value Fund

    Registered investment company                     28,386   
  

Royce Fund Value Plus Fund

    Registered investment company                     44,895   
  

RS Invt Fltg Rate Fund CL A

    Registered investment company                     16,915   
  

RS Invt Tr Global Nat Res Fund

    Registered investment company                     85,614   
  

RS Invt Tr Partners Fund

    Registered investment company                     5,518   
  

RS Invt Tr Select Growth Fund CL A

    Registered investment company                     4,928   
  

RS Invt Tr Technology Fund

    Registered investment company                     39,049   
  

Rydex Service Funds Biotechnology Fund

    Registered investment company                     36,680   
  

Rydex Ser Funds S&P Midcap 400 Pure Growth CL H

    Registered investment company                     94,725   
  

Rydex Service Tr URSA Fund

    Registered investment company                     224,009   
  

Salient MF Tr MLP & Energy Infrastructure Fund

    Registered investment company                     66,761   
  

Sands Cap Select Growth Fund CL Z

    Registered investment company                     112,200   
  

Saturna Invt Tr Sextant Intl Fund

    Registered investment company                     16,966   

*

   

Schwab Cap Tr Ast Dir Balanced Growth Fund

    Registered investment company                     2,969   

*

   

Schwab CRP Tr Balanced Fund Inv Shs

    Registered investment company                     1,229   

*

   

Schwab Cap Tr Core Equity Fund

    Registered investment company                     67,383   

*

   

Schwab Cap Tr Dividend Equity Fund

    Registered investment company                     236,670   

*

   

Schwab Cap Tr Finl Svcs Fund

    Registered investment company                     6,594   

*

   

Schwab Cap Tr Fundamental US Large Co Index Fund

    Registered investment company                     121,286   

*

   

Schwab Cap Tr Fundamental Intl Small Co Index

    Registered investment company                     20,414   

*

   

Schwab Cap Tr Fundamental US Small Co Index

    Registered investment company                     6,600   

*

   

Schwab Cap Tr Health Care Fund

    Registered investment company                     104,571   

*

   

Schwab Cap Tr Hedged Equity Fund

    Registered investment company                     10,832   

*

   

Schwab Cap Tr Intl Index Fund

    Registered investment company                     101,127   

*

   

Schwab Cap Tr Large Cap Growth Fund

    Registered investment company                     26,549   

*

   

Scbwab Cap Tr Laudus Intl Market Masters Fund

    Registered investment company                     159,303   

*

   

Scbwab Cap Tr Small Cap Equity

    Registered investment company                     9,903   

*

   

Scbwab Cap Tr S&P 500 Index Fund

    Registered investment company                     864,244   

*

   

Schwab Cap Tr Target 2030 Fund

    Registered investment company                     18,582   

*

   

Schwab Cap Tr Target 2035 Fund

    Registered investment company                     3,667   

*

   

Schwab Cap Tr Turget 2040 Fund

    Registered investment company                     82,965   

*

   

Schwab Charles Family Funds Inv Money Fund

    Registered investment company                     9,040   

*

   

Schwab Family Fund Money Market Fund

    Registered investment company                     3,902,352   

*

   

Schwab Fund Emerging Markets Index

    Registered investment company                     22,578   

*

   

Schwab Funds International Core Equity

    Registered investment company                     33,296   

*

   

Schwab Govt Sec Fund

    Registered investment company                     93,550   

*

   

Schwab Invts Global Real Estate Fund

    Registered investment company                     49,763   

*

   

Schwab Invts 1000 Index Fund

    Registered investment company                     260,316   

*

   

Schwab Small Cap Index Select

    Registered investment company                     99,403   

*

   

Schwab Invts Treas Inflation Protection Secs Fund

    Registered investment company                     19,791   

*

   

Schwab Total Bond Mkt Index Fund

    Registered investment company                     11,432   

*

   

Schwab Total Stock Market Index Fund

    Registered investment company                     550,608   
  

Scout Funds Mid Cap Fund

    Registered investment company                     293,388   

 

22

Table of Contents

401(k) Savings and Profit Sharing Plan for Employees of NIKE, Inc.

Schedule H, Line 4i – Schedule of Assets (Held at End of Year)

May 31, 2014

 

 

(a)    (b)    (c)    (c)    (c)    (c)    (d)    (e)  
               Rate    Date of                 
     Identity of Issue, Borrower,         of    Maturity    Par         Current  
     Lessor or Similar Party    Description of Investments    Interest    Year    Month    Value    Cost (1)    Value  
  

Scwartz Invt Tr Ave Maria Rising Dividend Fund

    Registered investment company                     27,466   
  

Selected Amer Sh Inc Cap Sik Fund

    Registered investment company                     289,807   
  

Sequoia Fund Inc Com

    Registered investment company                     121,348   
  

Short Nasdaq 100Inv

    Registered investment company                     28,844   
  

SIT Mutual Funds Inc Small Cap Growth Fund

    Registered investment company                     51,740   
  

Small Cap Fund

    Registered investment company                     113,157   
  

Small Cap World Fund CL F-1

    Registered investment company                     50,219   
  

Sound Shore Fund Inc

    Registered investment company                     15,546   
  

Spartan Extd Mkt Index Fund

    Registered investment company                     24,911   
  

SSGA Emerging Mkt Fund

    Registered investment company                     21,914   
  

SSGA International Stock Selection Fund

    Registered investment company                     38,065   
  

Sterling Cap Funds Sterling Capital Equity Income Fund CL A

    Registered investment company                     16,586   
  

Sunamerica Focused Ser Inc Dividend Strategy

    Registered investment company                     41,060   
  

T Rowe Price Cap Appreciation Fund

    Registered investment company                     272,626   
  

T Rowe Price Finl Svcs Fund

    Registered investment company                     5,350   
  

T Rowe Price Global Real Estate Fund

    Registered investment company                     16,587   
  

TCW Funds Inc Emerging Markets Inc Fund

    Registered investment company                     17,259   
  

TCW Funds Inc Formerly TCW Galileo Emerging Markets

    Registered investment company                     31,310   
  

TCW Galileo Funds Inc Dividend Focused Fund

    Registered investment company                     20,188   
  

TCW Galileo Funds Inc Select Equities Fund

    Registered investment company                     42,270   
  

TCW Galileo Funds Inc Small Cap Growth Fund

    Registered investment company                     6,620   
  

TCW Galileo Funds Inc Total Return Bond Fund

    Registered investment company                     101,388   
  

TCW Total Return Bond Fund CL 1

    Registered investment company                     114,408   
  

Templeton Income Tr Global Bond Fund

    Registered investment company                     55,800   
  

Templeton Tr Global Bond Fund

    Registered investment company                     162,572   
  

Teton Westwood Equity Fund Mighty Mites

    Registered investment company                     60,885   
  

TFS Cap Invt Tr Market Neutral Fund

    Registered investment company                     16,660   
  

Third Avenue Tr Real Estate Value Fund

    Registered investment company                     65,392   
  

Third AvenueTr Value Tr Fund

    Registered investment company                     70,314   
  

Thomas White Intl Fund

    Registered investment company                     27,366   
  

Thornburg Intl Value Fund

    Registered investment company                     62,942   
  

TIAA-CREF Mutual Fund

    Registered investment company                     5,925   
  

TIAA-CREF Mutual Funds Growth & Income

    Registered investment company                     2,808   
  

Tocqueville Gold Fund

    Registered investment company                     75,184   
  

Tocqueville Tr Delafield Fund

    Registered investment company                     714   
  

Tocqueville Tr Fund

    Registered investment company                     29,942   
  

Touchstone Tr Mid Cap Fund CL Z

    Registered investment company                     5,561   
  

Touchstone Tr Sands Cap Select Growth

    Registered investment company                     209,808   
  

Touchstone Strategic Tr Value Fund CL Y

    Registered investment company                     23,329   
  

Transamerica Diversified Equity

    Registered investment company                     78,392   
  

Trust for Professional Managers Jensen Quality Value Fund

    Registered investment company                     5,706   
  

Trust for Professional Managers Smead Value

    Registered investment company                     63,455   
  

Turner Funds Midcap Fund

    Registered investment company                     70,392   
  

Turner Funds Small Cap Growth Fund

    Registered investment company                     3,949   
  

Tweedy Browne Fund Inc Global Value Fund

    Registered investment company                     67,469   
  

US Global Accolade Funds Eastn European Fund

    Registered investment company                     12,723   
  

US Global Investors Funds

    Registered investment company                     13,898   
  

Ultra NASDAQ 100

    Registered investment company                     5,058   
  

Ultra Short NASDAQ 100

    Registered investment company                     44,820   
  

USGI Wold Precious Mineral Fund

    Registered investment company                     5,727   
  

Value Line Inc Fund

    Registered investment company                     10,607   
  

Value Line Small Cap Growth Fund

    Registered investment company                     15,616   
  

Van Eck Funds Intl Inv

    Registered investment company                     84,293   
  

Van Eck Commodity Index Fund

    Registered investment company                     24,222   
  

Vanguard Balanced Index Fund

    Registered investment company                     9,408   
  

Vanguard Bond Index Fund Inc Inter Term Portfolio Fund

    Registered investment company                     141,074   
  

Vanguard Bond Index Fund Long Term Portfolio Fund

    Registered investment company                     144   
  

Vanguard Bond Index Fund Mid-Cap Value Index

    Registered investment company                     56,102   
  

Vanguard Bond Index Fund Inc Short Term Portfolio Fund

    Registered investment company                     151,679   
  

Vanguard Bond Index Fund Small Cap Value Index

    Registered investment company                     114,296   
  

Vanguard Bond Index Fund Total Bond Mkt

    Registered investment company                     40,839   
  

Vanguard Bond Index Fund Total Bond Mkt Inv CL

    Registered investment company                     48,260   
  

Vanguard Cap Value Fund

    Registered investment company                     203,513   
  

Vanguard Equity Inc Fund

    Registered investment company                     44,659   
  

Vanguard Emerging Markets Stk Index Fund Signal Shs

    Registered investment company                     126,569   
  

Vanguard Emerging Markets Stock Index Fund

    Registered investment company                     269,737   
  

Vanguard Explorer Fund

    Registered investment company                     4,537   
  

Vanguard Extd Mkt Index Fund

    Registered investment company                     40,025   
  

Vanguard Fenway Funds Prime Cap Core Fund

    Registered investment company                     50,526   
  

Vanguard Fixed Income Secs Fund Inc GNMA Portfolio

    Registered investment company                     488,293   
  

Vanguard Fixed Income Secs Fund Inc Long-term Invt Grade Fund

    Registered investment company                     29,158   
  

Vanguard Fxd Inc Secs Fund Inflation Protected Fund

    Registered investment company                     265,048   
  

Vanguard Fxd Inc Secs Fund Inc Short Term US Treas Portfolio

    Registered investment company                     2,024   
  

Vanguard Growth Index Fund

    Registered investment company                     51,281   
  

Vanguard High Dividend Yield

    Registered investment company                     189,463   
  

Vanguard Horizon Global Equity Fund

    Registered investment company                     237   
  

Vanguard Index Tr Growth Index Fund Signal Shs

    Registered investment company                     190,314   
  

Vanguard Index Tr Mid Capitalization Index Fund Signal Shs

    Registered investment company                     55,888   
  

Vanguard Index Tr Mid Capitalization Stk Port Sh

    Registered investment company                     44,817   
  

Vanguard Index Mid-Cap Value

    Registered investment company                     83,128   
  

Vanguard Index Tr Small Cap Growth Portfolio

    Registered investment company                     343,225   

 

23

Table of Contents

401(k) Savings and Profit Sharing Plan for Employees of NIKE, Inc.

Schedule H, Line 4i – Schedule of Assets (Held at End of Year)

May 31, 2014

 

 

(a)    (b)        (c)    (c)     (c)      (c)      (d)      (e)  
                   Rate     Date of                       
     Identity of Issue, Borrower,             of     Maturity      Par             Current  
     Lessor or Similar Party        Description of Investments    Interest     Year      Month      Value      Cost (1)      Value  
  

Vanguard Index Tr Value Index Fund

      Registered investment company                    331,001   
  

Vanguard Index Tr—500 Portfolio

      Registered investment company                    156,928   
  

Vanguard Inflation Protected Securities Fund

      Registered investment company                    135,932   
  

Vanguard Inter Term Treas Fund Admiral Shares

      Registered investment company                    137,931   
  

Vanguard International Equity Index Fund Inc European Portfolio

      Registered investment company                    16,479   
  

Vanguard International Value Fund

      Registered investment company                    159,406   
  

Vangard IT Govt Bond Index

      Registered investment company                    36,521   
  

Vanguard Malvern Funds Short-tenn inflation protected

      Registered investment company                    272,048   
  

Vanguard Mid-Cap Growth Fund Invs Shs

      Registered investment company                    12,858   
  

Vanguard Pacific Stk Index Fund

      Registered investment company                    13,302   
  

Vanguard Short Term Invt Grade Inv

      Registered investment company                    238,808   
  

Vanguard Small Cap Index Fund Signal

      Registered investment company                    172,869   
  

Vangmud Small Cap Index Fund

      Registered investment company                    309,265   
  

Vanguard Small Cap Value Index Fund

      Registered investment company                    152,189   
  

Vanguard Specialized Health Care Fund

      Registered investment company                    128,152   
  

Vanguard Specialized Portfolios Dividend Appreciation Index

      Registered investment company                    159,503   
  

Vanguard Specialized Portfolios Dividend Growth

      Registered investment company                    123,398   
  

Vanguard Specialized Portfolios Energy Fund

      Registered investment company                    213,937   
  

Vanguard Specialized Portfolios Healthcare Fund Admiral Shs

      Registered investment company                    32,178   
  

Vanguard Specialized Portfolios Precious Metals Fund

      Registered investment company                    20,142   
  

Vanguard Specialized Portfolios Reit Index Fund

      Registered investment company                    102,100   
  

Vanguard Specialized Portfolios Reit Index Fund Signal

      Registered investment company                    114,200   
  

Vangard ST Corp Bond Index-SI

      Registered investment company                    88,545   
  

Vanguard Star Fund

      Registered investment company                    86,610   
  

Vanguard Tax-Managed Funds Intl Fund

      Registered investment company                    317,267   
  

Vanguard Total IntI Stk Index Fund

      Registered investment company                    35,851   
  

Vanguard Total Stk Mkt Index Fund

      Registered investment company                    693,868   
  

Vanguard Tx-managed Cap Appreciation Fund

      Registered investment company                    1,046   
  

Vanguard Value Index Fund

      Registered investment company                    103,391   
  

Vanguard Wellesley Inc Fund

      Registered investment company                    26,935   
  

Vanguard Wellington Fund

      Registered investment company                    60,383   
  

Vanguard Whitehall Funds Intl Explorer

      Registered investment company                    65,855   
  

Vanguard Whitehall Funds Selected Value Fund

      Registered investment company                    32,103   
  

Vanguard World Fund Intl Growth Fund

      Registered investment company                    22,502   
  

Victory Portfolios Small Co Opportunity

      Registered investment company                    14,089   
  

Virtus Insight Tr Emerging Markets Opportunities

      Registered investment company                    19,605   
  

Virtus Opportunities Tr Foreign Opportunities

      Registered investment company                    11,890   
  

Voya Corporate Leaders Tr

      Registered investment company                    110,091   
  

Voya Global Real Estate Fund

      Registered investment company                    5,839   
  

Voya Mutual Funds Global Bond Fund CL A

      Registered investment company                    3,819   
  

Voya Mutual Funds Global Natural Res Fund

      Registered investment company                    4,203   
  

Voyageur Mutual Funds III Delaware Select

      Registered investment company                    66,676   
  

Walthausen Small Cap Value

      Registered investment company                    4,513   
  

Wasatch Core Growth Fund

      Registered investment company                    28,985   
  

Wasatch Funds Inc Heritage Growth Fund

      Registered investment company                    25,414   
  

Wasatch Funds Inc Intl Growth Fund

      Registered investment company                    24,884   
  

Wasatch Long/Short Fund

      Registered investment company                    20,207   
  

Wasatch Small Cap Growth Fund

      Registered investment company                    119,710   
  

Weitz Partners Value Fund

      Registered investment company                    86,533   
  

Weitz Funds Short Intermediate Income Fund

      Registered investment company                    66,471   
  

Weitz Fund Value Fund

      Registered investment company                    55,266   
  

Wells Fargo Fds Tr Advantage Asia Pac Fund

      Registered investment company                    9,469   
  

Wells Fargo Adv S/C Disc-Inv

      Registered investment company                    1,714   
  

Wells Fargo Fds C&B Large Cap Value Fund

      Registered investment company                    22,371   
  

Wells Fargo Fds C&B Mid Cap Value Fund

      Registered investment company                    18,509   
  

Wells Fargo Funds Tr Advantage Discovery Fund

      Registered investment company                    16,675   
  

Wells Fargo Funds Tr Advantage Growth Fund

      Registered investment company                    146,516   
  

Wells Fargo Funds Tr Advantage Special Mid Cap Fund

      Registered investment company                    73,440   
  

Wells Fargo Funds Tr Advantage Short Term High Yield Bond Fund

      Registered investment company                    21,164   
  

Westcore Plus Bond Fund

      Registered investment company                    241,187   
  

Westcore Tr Midco Growth Fund

      Registered investment company                    4,284   
  

Westcore Tr Intl Small Cap Fund

      Registered investment company                    2,249   
  

Wexford Tr Muhlenkamp Fund

      Registered investment company                    19,114   
  

WHG Income Opportunity-Inst

      Registered investment company                    116,977   
  

William Blair Growth Fund

      Registered investment company                    51,788   
  

William Blair International Growth Fund

      Registered investment company                    48,032   
  

Wilshire Target Funds Large Co Growth Fund

      Registered investment company                    58,819   
  

World Funds new Rems Real Estate Value Opportunity Fund

      Registered investment company                    9,693   
  

World Funds New Toreador Inti Fund Cl A

      Registered investment company                    857   
                        

 

 

  
     Total registered investment companies                    57,114,557   
                        

 

 

  
  

NIKE, Inc., Class B Common Stock

      Common stock                    646,689,659   
                        

 

 

  
  

Blackrock GNMA Portfolio-A

      Collective trust fund                    42,656   
  

NT Collective Aggregate Bond Index Fund

      Collective trust fund                    200,024,349   
  

NT Collective All Country World Ex Fund

      Collective trust fund                    259,587,395   
  

NT Collective Govt STIF

      Collective trust fund                    454,836   
  

NT Collective Russell 2000 Equity Index Fund

      Collective trust fund                    260,503,936   
  

NT Collective S&P 500 Equity Index Fund

      Collective trust fund                    536,436,807   
  

Morley Stable Value Fund

      Collective trust fund                    164,147,602   
                        

 

 

  
                           1,421,197,581   
                        

 

 

  
     Interest bearing cash                    10,023   
                        

 

 

  
     Total participant directed investments                    2,125,011,820   
                        

 

 

  
  

Nonparticipant-directed

                      
   MFO PIMCO Funds Commodities Plus Strategy Fund      Registered investment company               $ 42,754,820       $ 49,260,400   
                     

 

 

     

 

 

  

*

    NT Collective Aggregate Bond Index Fund      Collective trust fund                 70,113,838         92,302,669   

*

    NT Collective Global Real Estate Index Fund      Collective trust fund                 24,584,208         40,145,084   

*

    NT Collective International Small Cap Index Fund      Collective trust fund                 28,553,602         46,962,695   

*

    NT Collective MSCI ACWI US Index Fund      Collective trust fund                 56,946,955         78,812,676   

*

    NT Collective S&P 400 Equity Index Fund      Collective trust fund                 21,534,739         41,264,879   

*

    NT Collective Russell 2000 Equity Index Fund      Collective trust fund                 21,392,828         38,720,053   

*

    NT Collective S&P 500 Equity Index Fund      Collective trust fund                 80,513,391         163,352,118   

*

    NTGI Collective Trust Government Short-term Investment Fund      Collective trust fund                 3,490,252         3,490,252   

*

    NT Collective World Government Bond Index Fund      Collective trust fund                 43,541,591         48,812,161   
                     

 

 

     

 

 

  
     Total collective trust funds                 350,671,404         553,862,587   
                     

 

 

     

 

 

  
  

GMAC Cap Tr I GTD Tr Pfd Secs Ser 2

      Preferred stock                 571,880         569,520   
                     

 

 

     

 

 

  
  

Gen Maritime Corp

      Common stock                 276,469         2   
  

MOVE Inc

      Common stock                    2,381   
                     

 

 

     

 

 

  
     Total common stock                 276,469         2,383   
                     

 

 

     

 

 

  
  

Access Midstream

      Corporate bond      4.875 %      2024         Mar         250,000         249,808         261,875   
  

ADT Corp

      Corporate bond      4.125 %      2019         Apr         300,000         300,000         300,000   

 

24

Table of Contents

401(k) Savings and Profit Sharing Plan for Employees of NIKE, Inc.

Schedule H, Line 4i – Schedule of Assets (Held at End of Year)

May 31, 2014

 

 

(a)    (b)    (c)    (c)     (c)      (c)      (d)      (e)  
               Rate     Date of                       
     Identity of Issue, Borrower,         of     Maturity      Par             Current  
     Lessor or Similar Party    Description of Investments    Interest     Year      Month      Value      Cost (1)      Value  
   Aircastle Ltd    Foreign bond          4.625 %      2018         Dec         75,000         75,000         77,062   
  

Aircastle Ltd

    Foreign bond          6.250 %      2019         Dec         275,000         276,283         297,688   
  

Aleris Intl Inc

    Corporate bond      7.875 %      2020         Nov         375,000         375,000         376,875   
  

American Cap Ltd

    Corporate bond      6.500 %      2018         Sep         450,000         456,500         481,500   
  

Amern Eqty Invt

    Corporate bond      6.625 %      2021         July         350,000         364,000         378,875   
  

Antero Res Fin

    Corporate bond      5.375 %      2021         Nov         200,000         200,231         208,250   
  

Approach Res Inc

    Corporate bond      7.000 %      2021         Jun         150,000         154,875         153,562   
  

Aviv Healthcare PPTYS Ltd Partnership

    Corporate bond      6.000 %      2021         Oct         200,000         200,625         211,000   
  

Berry Plastics

    Corporate bond      5.500 %      2022         May         300,000         300,000         300,750   
  

BI-LO LLC

    Corporate bond      9.250 %      2019         Feb         100,000         102,000         108,000   
  

Bluescope Stl Fin Ltd Sr Nt

    Foreign bond          7.125 %      2018         May         150,000         153,375         160,875   
  

Bonanza Creek

    Corporate bond      6.750 %      2021         Apr         175,000         182,875         186,813   
  

Breitburn Energy Partners LP

    Corporate bond      7.875 %      2022         Apr         375,000         379,250         403,125   
  

Catalent Pharma

    Corporate bond      7.875 %      2018         Oct         325,000         331,406         330,687   
  

CCO Hldgs LLC

    Corporate bond      5.750 %      2023         Sep         300,000         300,000         309,000   
  

Century Link Inc

    Corporate bond      5.800 %      2022         Mar         225,000         224,196         234,000   
  

Ches Energy Corp Sr Nt

    Corporate bond      Varies        2019         Apr         75,000         75,000         76,125   
  

Cinemark USA Inc

    Corporate bond      4.875 %      2023         Jun         150,000         143,437         147,750   
  

Clear Channel

    Corporate bond      6.500 %      2022         Nov         300,000         300,000         321,000   
  

Cloud Peak Energy

    Corporate bond      8.500 %      2019         Dec         325,000         353,203         349,781   
  

Comstock Res Inc

    Corporate bond      7.750 %      2019         Apr         350,000         371,063         372,750   
  

Convaatec Fin Intl

    Foreign bond          8.250 %      2019         Jan         200,000         198,000         204,500   
  

Covanta Hldg Corp

    Corporate hand      5.875 %      2024         Mar         400,000         403,656         410,000   
  

Davita Inc

    Corporate bond      5.750 %      2022         Aug         275,000         282,875         294,594   
  

Diamondback Energy

    Corporate bond      7.625 %      2021         Oct         150,000         161,625         163,500   
  

Dish DBS Corp

    Corporate bond      5.000 %      2023         Mar         200,000         208,500         203,500   
  

Equinix Inc

    Corporate bond      4.875 %      2020         Apr         125,000         125,000         128,437   
  

FGI Oper Co LLC

    Corporate bond      7.875 %      2020         May         175,000         175,000         186,375   
  

Forsight Energy

    Corporate bond      7.875 %      2021         Aug         350,000         354,690         371,875   
  

Gen Mtrs Accep

    Corporate bond      8.000 %      2031         Nov         225,000         277,875         280,125   
  

Gencorp Inc

    Corporate bond      7.125 %      2021         Mar         175,000         181,125         190,313   
  

Grifols Worldwide

    Foreign bond          5.250 %      2022         Apr         400,000         400,000         414,000   
  

Harbinger Group Inc

    Corporate bond      7.750 %      2022         Jan         250,000         251,031         252,813   
  

Harbinger Group Inc

    Corporate bond      7.875 %      2019         July         400,000         399,541         437,000   
   HCA Inc    Corporate bond      3.750 %      2019         Mar         250,000         250,000         254,375   
  

Hughes Satellite

    Corporate bond      6.500 %      2019         Jun         275,000         285,131         305,594   
  

Intelstat Jackson Mand Exch

    Corporate bond      4.000 %      2014         Jun         300,000         292,125         298,500   
  

Iron Mtn Inc Del

    Corporate bond      5.750 %      2024         Aug         350,000         339,938         350,000   
  

Kennedy Wilson Inc

    Corporate bond      5.875 %      2024         Apr         200,000         198,659         200,250   
  

Kindred Healthcare

    Corporate bond      6.375 %      2022         Apr         75,000         75,000         76,219   
  

Laredo Pete Inc

    Corporate bond      5.625 %      2022         Jan         250,000         250,437         256,250   
  

Legacy Resvs LP

    Corporate bond      6.625 %      2021         Dec         200,000         198,438         203,000   
   Mallinckrodt Intl    Foreign bond          4.750 %      2023         Apr         375,000         355,312         363,750   
  

MPT Oper Partnership LP

    Corporate bond      6.375 %      2022         Feb         250,000         252,500         268,125   
  

Nationstar Mtg LLC

    Corporate bond      6.500 %      2018         Aug         100,000         100,000         100,250   
  

Nationstar Mtg LLC

    Corporate bond      6.500 %      2021         July         375,000         380,687         356,719   
  

Northern Oil & Gas

    Corporate bond      8.000 %      2020         Jun         325,000         328,875         345,313   
   Novelis Inc    Foreign hand          8.750 %      2020         Dec         375,000         399,281         416,719   
  

Omega Healthcare

    Corporate bond      5.875 %      2024         Mar         300,000         300,000         312,600   
  

Opal Acqstn Inc

    Corporate bond      8.875 %      2021         Dec         725,000         730,750         761,250   
  

Oxford Fin LLC

    Corporate bond      7.250 %      2018         Jan         200,000         212,500         211,750   
  

Provident FDG

    Corporate bond      6.750 %      2021         Jun         450,000         453,688         456,750   
  

PVTPL ACI Worldwide Inc Sr Nt

    Corporate bond      6.375 %      2020         Aug         125,000         125,000         131,875   
  

PVTPL Allegion US Hldg Co Inc Sr Nt

    Corporate bond      5.750 %      2021         Oct         300,000         303,000         317,250   
  

PVTPL Alliance Data Sys Corp Sr Nt

    Corporate bond      6.375 %      2020         Apr         325,000         325,000         343,687   
  

PVTPL Altice Fing SA Sr Secd Nt

    Foreign bond          6.500 %      2022         Jan         350,000         365,750         369,250   
  

PVTPL Amsted Inds Inc Sr Nt

    Corporate bond      5.000 %      2022         Mar         450,000         452,562         451,125   
  

PVTPL Athlon Hldgs LP Sr Nt

    Corporate bond      6.000 %      2022         May         200,000         200,000         204,500   
  

PVTPL Audatex N. Amer Inc Sr Nt

    Corporate bond      6.000 %      2021         Jun         475,000         486,313         505,875   
  

PVTPL Barminco Fin Pty Ltd Sr Nt

    Foreign bond          9.000 %      2018         Jun         250,000         250,062         231,250   
  

PVTPL Baytex Energy Corp Sr Nt

    Foreign bond          5.125 %      2021         Jun         75,000         75,000         75,937   
  

PVTPL Baytex Energy Corp Sr Nt

    Foreign bond          5.625 %      2024         Jun         100,000         100,000         100,625   
  

PVTPL Brand Energy & Infrastructure Svcs Inc

    Corporate bond      8.500 %      2021         Dec         125,000         129,063         132,500   
  

PVTPL Cantor Coml Real Estate Co LP

    Corporate bond      7.750 %      2018         Feb         175,000         173,222         188,125   
  

PVTPL CNO Finl Group Inc Sr Seed Nt

    Corporate bond      6.375 %      2022         Oct         225,000         227,125         244,125   
  

PVTPL Consol Energy Inc Sr Nt

    Corporate bond      5.875 %      2022         Apr         150,000         150,625         155,625   
  

PVTPL Constellium NV Sr Nt

    Foreign bond          5.750 %      2024         May         225,000         225,000         232,031   
  

PVTPL Crimson Merger Sub Inc

    Corporate bond      5.000 %      2022         May         175,000         175,000         173,687   
  

PVTPL Drill Rigs Hldgs Inc Sr Seed Nt

    Corporate bond      6.500 %      2017         Oct         25,000         25,110         25,938   
  

PVTPL Energy Transfer Equity LP Sr Nt

    Corporate bond      5.875 %      2024         Jan         225,000         229,500         232,875   
  

PVTPL Fresenius Med Care US Fin

    Corporate bond      5.875 %      2022         Jan         325,000         325,000         352,625   
  

PVTPL ICAHN Enterprises Sr Nt

    Corporate bond      5.875 %      2022         Feb         325,000         325,000         338,000   
  

PVTPL IMS Health Inc Sr Nt

    Corporate bond      6.000 %      2020         Nov         300,000         302,875         316,500   
   PVTPL Interactive Data Corp    Corporate bond      5.875 %      2019         Apr         250,000         250,000         251,875   
  

PVTPL Jaguar Hldg Co

    Corporate bond      9.500 %      2019         Dec         275,000         313,500         302,500   
  

PVTPL Jefferies Ln Core LLC

    Corporate bond      6.875 %      2020         Jun         225,000         225,000         226,687   
  

PVTPL JLL/Delta Dutch Newco BV Sr Nt

    Foreign bond          7.500 %      2022         Feb         450,000         463,500         461,250   
  

PVTPL Jurassic Hldgs III Inc Sr Secd 2nd Lien Nt

    Corporate bond      6.875 %      2021         Feb         150,000         150,000         153,750   
  

PVTPL Landrys Inc Sr Nt

    Corporate bond      9.375 %      2020         May         400,000         436,500         441,500   
  

PVTPL Live Nation Entmt Inc Sr Nt

    Corporate bond      7.000 %      2020         Sep         150,000         156,750         163,875   
  

PVTPL Lynx I Corp

    Foreign bond          6.000 %      2021         Oct         275,000         430,444         480,299   
  

PVTPL Lynx II Corp

    Corporate bond      6.375 %      2023         Apr         300,000         307,500         316,500   
  

PVTPL Medimpact Hldgs Inc Sr Secd Nt

    Corporate bond      10.500 %      2018         Feb         325,000         349,375         355,875   
  

PVTPL Nat Res Partners LP

    Corporate bond      9.125 %      2018         Oct         175,000         173,262         182,875   
  

PVTPL Netflix Inc

    Corporate bond      5.375 %      2021         Feb         150,000         150,000         154,875   
  

PVTPL Nuance Communications Inc

    Corporate bond      5.375 %      2020         Aug         300,000         302,000         305,250   
  

PVTPL Numericable Group SA Sr Secd Nt

    Foreign bond          4.875 %      2019         May         275,000         275,375         280,500   
  

PVTPL Numericable Group SA Sr Secd Nt

    Foreign bond          6.000 %      2022         May         200,000         200,000         207,500   
  

PVTPL Prospect Med Hldgs Inc Sr Nt

    Corporate bond      8.375 %      2019         May         425,000         435,094         464,313   
  

PVTPL Reliance Inter Holdings LP Sr Nt

    Foreign bond          9.500 %      2019         Dec         325,000         327,471         350,188   
  

PVTPL Rice Energy Inc Sr Nt

    Corporate bond      6.250 %      2022         May         175,000         175,344         176,531   
  

PVTPL Sawgrass Merg Sub

    Corporate bond      8.750 %      2020         Dec         325,000         327,750         358,312   
  

PVTPL Seven Generations Energy Ltd Sr Nt

    Foreign bond          8.250 %      2020         May         525,000         564,875         574,875   
  

PVTPL Sirius XM Radio Inc Sr Nt

    Corporate bond      6.000 %      2024         July         375,000         384,156         385,313   
  

PVTPL SM Energy Co Sr Nt

    Corporate bond      5.000 %      2024         Jan         250,000         247,500         246,250   
  

PVTPL Sophia LP

    Corporate bond      9.750 %      2019         Jan         175,000         194,250         193,375   
  

PVTPL SPL Logistics Escrow LLC

    Corporate bond      8.875 %      2020         Aug         275,000         284,281         305,937   
   PVTPL Sprint Corp    Corporate bond      7.250 %      2021         Sep         175,000         175,000         193,813   
  

PVTPL Sprint Nextel Corp

    Corporate bond      7.000 %      2020         Mar         225,000         250,875         259,312   
  

PVTPL Suncoke Energy Partners LP

    Corporate bond      7.375 %      2020         Feb         350,000         366,000         372,750   
  

PVTPL Tenet Healthcare Corp Sr Nt

    Corporate bond      5.000 %      2019         Mar         250,000         250,000         255,000   
  

PVTPL Ultra Pete Corp Sr Nt

    Foreign bond          5.750 %      2018         Dec         350,000         363,000         369,250   
  

PVTPL UPCB Fin V LTD

    Corporate bond      7.250 %      2021         Nov         225,000         225,000         248,063   
  

PVTPL Wesco Distr Inc Sr Nt

    Corporate bond      5.375 %      2021         Dec         150,000         150,000         153,750   
  

Quebecor Media Inc

    Foreign bond          5.750 %      2023         Jan         375,000         366,000         381,562   
   Regency Energy    Corporate bond      5.875 %      2022         Mar         175,000         172,240         185,937   
  

Rosetta Res Inc

    Corporate bond      5.875 %      2022         Jun         125,000         125,000         128,750   
  

Rosetta Res Inc

    Corporate bond      5.875 %      2024         Jun         350,000         350,000         356,125   
  

Sabra Healthcare Ltd Partnership

    Corporate bond      5.500 %      2021         Feb         300,000         300,000         315,000   
  

Sandridge Energy

    Corporate bond      7.500 %      2021         Mar         350,000         349,125         372,750   
  

Select Med Corp

    Corporate bond      6.375 %      2021         Jun         350,000         350,000         364,875   
  

Signode Indl Group US Inc

    Corporate bond      6.375 %      2022         May         375,000         375,000         378,750   
  

Stone Energy Corp

    Corporate bond      7.500 %      2022         Nov         125,000         128,750         136,562   
  

Subn Propane

    Corporate bond      5.500 %      2024         Jun         100,000         100,000         101,250   
  

Suncoke Energy Inc

    Corporate bond      7.625 %      2019         Aug         375,000         374,187         399,150   

 

25

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401(k) Savings and Profit Sharing Plan for Employees of NIKE, Inc.

Schedule H, Line 4i – Schedule of Assets (Held at End of Year)

May 31, 2014

 

 

(a)    (b)    (c)   (c)     (c)     (c)     (d)     (e)  
              Rate     Date of                    
     Identity of Issue, Borrower,        of     Maturity     Par           Current  
     Lessor or Similar Party    Description of Investments   Interest     Year     Month     Value     Cost (1)     Value  
   Teleflex Inc    Corporate bond     5.250 %      2024        Jun        200,000        200,000        202,750   
   Thompson Creek    Foreign bond         9.750 %      2017        Dec        325,000        339,883        364,000   
   T-Mobile USA Inc    Corporate bond     6.633 %      2021        Apr        275,000        278,500        296,313   
   Truven Hlth    Corporate bond     10.625 %      2020        Jun        375,000        383,066        416,250   
   TW Telecom Hldgs    Corporate bond     5.375 %      2022        Oct        275,000        274,656        280,844   
   Unit Corp    Corporate bond     6.625 %      2021        May        475,000        479,562        505,875   
   Utd Rentals N. America    Corporate bond     6.125 %      2023        Jun        175,000        184,188        188,125   
   Vector Group    Corporate bond     7.750 %      2021        Feb        200,000        210,000        213,000   
   Viasat Inc    Corporate bond     6.875 %      2020        Jun        375,000        380,674        405,234   
   Wellcare Health Plans Inc    Corporate bond     5.750 %      2020        Nov        275,000        276,375        292,875   
               

 

 

    

 

 

  
     

Total corporate and foreign bonds

  

         34,561,581        35,723,314   
               

 

 

    

 

 

  
      Interest bearing cash               1,695,548   
                 

 

 

  
      Total nonparticipant-directed investments             $ 428,836,154        641,113,752   
               

 

 

    

 

 

  
     

Total investments

  

           $ 2,766,125,572   
                 

 

 

  
  

Notes receivable from participants

               
     

Interest Rate: 4.25% - 9.25%

  

          

*

   

Notes Receivable from Participants

   

Maturity Date: 2014 - 2024

  

         $ 29,612,682   

 

   Party-in-interest.
(1) 

Cost information has been omitted for participant directed assets.

 

26

Table of Contents

401(k) Savings and Profit Sharing Plan for Employees of NIKE, Inc.

Schedule H, Line 4i – Schedule of Assets (Acquired and Disposed of Within Year)

Year Ended May 31, 2014

 

 

(a)    (b)      (c)      (d)  
Identity of Issue, Borrower,    Description of      Cost of      Proceeds of  
Lessor or Similar Party    Investments      Acquisitions      Dispositions  

Access Midstream

      Corporate bond       $ 324,750       $ 78,656   

Ally Finl Inc

      Corporate bond         198,190         198,375   

Arcelormittal SA Step CPN

      Foreign bond         102,750         103,250   

Berry Plastics

      Corporate bond         350,000         49,875   

British Airways

      Foreign bond         400,000         405,000   

CenturyLink Inc

      Corporate bond         170,625         123,437   

Chesapeake Energy Corp

      Corporate bond         375,000         303,875   

Cinmarex Energy Co

      Corporate bond         100,000         101,900   

Cit Group Inc

      Corporate bond         206,250         210,000   

Dish DBS Corp

      Corporate bond         251,250         253,750   

Dish DBS Corp

      Corporate bond         615,437         400,562   

Energy Solutions Inc

      Corporate bond         108,750         454,000   

Equiniti Bond Co.

      Corporate bond         263,620         265,191   

GMAC

      Preferred Stock         126,500         125,000   

Hilton Worldwide

      Corporate bond         300,000         314,875   

Intelsat Jackson Mand Exch

      Corporate bond         414,625         244,750   

Iron Mtn Inc

      Corporate bond         164,937         97,125   

Kennedy Wilson Inc

      Corporate bond         248,323         49,875   

Kindred Healthcare

      Corporate bond         200,000         128,437   

L Brands Inc

      Corporate bond         175,000         178,500   

Leucadia Natl Corp

      Corporate bond         147,961         152,055   

Level 3 Fing Inc

      Corporate bond         109,000         293,906   

Martin Midstream

      Corporate bond         51,500         52,000   

Omega Healthcare

      Corporate bond         197,160         197,700   

Paetec Hldg Corp

      Corporate bond         171,000         419,531   

Penn National Gaming Inc

      Corporate bond         200,281         195,562   

Playa Resorts Hldg

      Corporate bond         175,000         178,937   

Provident Fdg

      Corporate bond         101,937         101,500   

PVTPL Activision Blizzard

      Corporate bond         175,000         176,312   

PVTPL ADT Corp

      Corporate bond         250,000         263,375   

PVTPL Air CDA

      Foreign bond         200,000         200,000   

PVTPL American Airlines Inc

      Corporate bond         250,000         250,687   

PVTPL Antero Resources Fin Corp

      Corporate bond         325,375         126,250   

PVTPL Audatex North Amer Inc

      Corporate bond         101,500         103,500   

PVTPL Beverage Packing Hldgs

      Foreign bond         675,000         697,062   

PVTPL Brand Energy & Infrastructure Svs Inc

      Corporate bond         180,687         53,000   

PVTPL Commscope Inc

      Corporate bond         379,750         383,250   

PVTPL Crestwood Midstream Partners

      Corporate bond         325,000         331,312   

PVTPL Crimson Merger Sub Inc

      Corporate bond         200,000         25,281   

PVTPL Drill Rigs Hldgs Inc

      Corporate bond         78,000         346,094   

PVTPL Ferrellgas

      Corporate bond         125,000         127,187   

PVTPL Glp Cap LP Inc

      Corporate bond         375,562         383,625   

PVTPL Harbinger Group Inc

      Corporate bond         101,500         102,750   

PVTPL Healthcare Technology Inter Inc

      Corporate bond         100,516         103,750   

PVTPL IAC/Interactive Corp

      Corporate bond         200,000         208,500   

PVTPL Lifepoint Hosps Inc

      Corporate bond         225,000         228,562   

 

27

Table of Contents

401(k) Savings and Profit Sharing Plan for Employees of NIKE, Inc.

Schedule H, Line 4i – Schedule of Assets (Acquired and Disposed of Within Year)

Year Ended May 31, 2014

 

 

(a)    (b)    (c)      (d)  
Identity of Issue, Borrower,    Description of    Cost of      Proceeds of  
Lessor or Similar Party    Investments    Acquisitions      Dispositions  

PVTPL Micron Technology Inc

    Corporate bond      176,000         183,312   

PVTPL Murphy Oil USA Inc

    Corporate bond      150,000         150,750   

PVTPL NAI Entertainment Holding

    Corporate bond      251,875         259,375   

PVTPL Nationstar Mtg LLC Corp

    Corporate bond      480,250         496,687   

PVTPL Netflix Inc

    Corporate bond      100,000         101,250   

PVTPL NGL Energy Partners

    Corporate bond      175,000         179,125   

PVTPL Northern Blizzard Res Inc

    Corporate bond      200,000         50,125   

PVTPL Numericable Group SA

    Foreign bond      400,375         126,875   

PVTPL Numericable Group SA

    Foreign bond      400,000         203,250   

PVTPL Pioneer Energy Svcs Corp

    Corporate bond      150,000         153,750   

PVTPL Post Holdings Inc

    Corporate bond      459,469         477,125   

PVTPL Salix Pharmaceuticals

    Corporate bond      275,000         294,594   

PVTPL Service Corp Intl

    Corporate bond      150,000         151,125   

PVTPL Sirius XM Radio Inc

    Corporate bond      100,000         102,750   

PVTPL SPCM SA

    Foreign bond      252,000         267,500   

PVTPL Sr Note 1st lien 144A

    Corporate bond      150,000         146,797   

PVTPL Sun Merger Sub Inc

    Corporate bond      201,000         209,250   

PVTPL Suncoke Energy Partners

    Corporate bond      366,000         77,250   

PVTPL Tenet Healthcare Corp

    Corporate bond      375,000         125,000   

PVTPL TMS International Corp

    Corporate bond      325,000         331,500   

PVTPL VPII Escr Corp

    Corporate bond      425,000         463,156   

Realogy Group LLC

    Corporate bond      250,000         251,562   

Rosetta Res Inc

    Corporate bond      72,000         275,000   

Rosetta Res Inc

    Corporate bond      425,000         76,219   

Stone Energy Corp

    Corporate bond      154,500         26,000   

Subn Propane

    Corporate bond      150,000         50,500   

Tenet Healthcare Corp

    Corporate bond      531,500         546,250   

Transdigm Inc

    Corporate bond      375,375         375,375   

Unit Corp

    Corporate bond      183,312         103,500   

Verizon Communications

    Corporate bond      274,109         285,513   

Wellcare Health Plans Inc

    Corporate bond      301,375         25,281   

 

28

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SIGNATURES

The Plan. Pursuant to the requirements of the Securities Exchange Act of 1934, the NIKE, Inc. Retirement Committee has duly caused this annual report to be signed on its behalf by the undersigned hereunto duly authorized.

 

    NIKE, Inc., 401(k) Savings and Profit Sharing Plan
Date: November 21, 2014     By:   /s/ Kelley Hall
     

Kelley Hall

Chairperson, NIKE, Inc. Retirement Committee

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EXHIBIT INDEX

 

Exhibit No.

   

Description

23    Consent of Independent Registered Public Accounting Firm