NIKE INC | 2013 | FY | 3


The following is a reconciliation of the changes in the gross balance of unrecognized tax benefits:
 
 
As of May 31,
(In millions)
 
2013
 
2012
 
2011
Unrecognized tax benefits, as of the beginning of the period
 
$
285

 
$
212

 
$
282

Gross increases related to prior period tax positions
 
77

 
48

 
13

Gross decreases related to prior period tax positions
 
(3
)
 
(25
)
 
(98
)
Gross increases related to current period tax positions
 
130

 
91

 
59

Gross decreases related to current period tax positions
 
(9
)
 
(1
)
 
(6
)
Settlements
 

 
(20
)
 
(43
)
Lapse of statute of limitations
 
(21
)
 
(9
)
 
(8
)
Changes due to currency translation
 
(12
)
 
(11
)
 
13

UNRECOGNIZED TAX BENEFITS, AS OF THE END OF THE PERIOD
 
$
447

 
$
285

 
$
212


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