NIKE INC 10-K form for the fiscal year ended 2018-05-31, page 48: 
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|  2 | NIKE, Inc. Consolidated Statements of Shareholders' Equity |


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|  2 |                                                                                   | Common Stock |    | Capital inExcessof StatedValue |    | AccumulatedOtherComprehensiveIncome |    | RetainedEarnings |       | Total |      |      |    |        |     |        |        |     |        |    |       |    |    |       |    |        |
|  3 |                                                                                   | Class A      |    | Class B                        |    |                                     |    |                  |       |       |      |      |    |        |     |        |        |     |        |    |       |    |    |       |    |        |
|  4 | (In millions, except per share data)                                              | Shares       |    | Amount                         |    | Shares                              |    | Amount           |       |       |      |      |    |        |     |        |        |     |        |    |       |    |    |       |    |        |
|  5 | Balance at May 31, 2015                                                           | 355          |    |                                | $  | -                                   |    |                  | 1,357 |       |      | $    | 3  |        |     | $      | 4,165  |     |        | $  | 1,246 |    | $  | 7,293 | $  | 12,707 |
|  6 | Stock options exercised                                                           |              |    |                                |    | 22                                  |    |                  |       |       | 680  |      |    |        |     |        |        | 680 |        |    |       |    |    |       |    |        |
|  7 | Conversion to Class B Common Stock                                                | (2           | )  |                                | -  |                                     |    | 2                |       |       | -    |      |    |        |     |        |        |     |        | -  |       |    |    |       |    |        |
|  8 | Repurchase of Class B Common Stock                                                |              |    |                                |    | (55                                 | )  |                  |       |       | (148 | )    |    |        |     | (3,090 | )      |     | (3,238 | )  |       |    |    |       |    |        |
|  9 | Dividends on common stock ($0.62 per share) and preferred stock ($0.10 per share) |              |    |                                |    |                                     |    |                  |       |       |      |      |    | (1,053 | )   |        | (1,053 | )   |        |    |       |    |    |       |    |        |
| 10 | Issuance of shares to employees, net of shares withheld for employee taxes        |              |    |                                |    | 3                                   |    |                  |       |       | 105  |      |    |        |     | (11    | )      |     | 94     |    |       |    |    |       |    |        |
| 11 | Stock-based compensation                                                          |              |    |                                |    |                                     |    |                  |       | 236   |      |      |    |        |     |        | 236    |     |        |    |       |    |    |       |    |        |
| 12 | Net income                                                                        |              |    |                                |    |                                     |    |                  |       |       |      |      |    | 3,760  |     |        | 3,760  |     |        |    |       |    |    |       |    |        |
| 13 | Other comprehensive income (loss)                                                 |              |    |                                |    |                                     |    |                  |       |       |      | (928 | )  |        |     |        | (928   | )   |        |    |       |    |    |       |    |        |
| 14 | Balance at May 31, 2016                                                           | 353          |    |                                | $  | -                                   |    |                  | 1,329 |       |      | $    | 3  |        |     | $      | 5,038  |     |        | $  | 318   |    | $  | 6,899 | $  | 12,258 |
| 15 | Stock options exercised                                                           |              |    |                                |    | 17                                  |    |                  |       |       | 525  |      |    |        |     |        |        | 525 |        |    |       |    |    |       |    |        |
| 16 | Conversion to Class B Common Stock                                                | (24          | )  |                                | -  |                                     |    | 24               |       |       | -    |      |    |        |     |        |        |     |        | -  |       |    |    |       |    |        |
| 17 | Repurchase of Class B Common Stock                                                |              |    |                                |    | (60                                 | )  |                  |       |       | (189 | )    |    |        |     | (3,060 | )      |     | (3,249 | )  |       |    |    |       |    |        |
| 18 | Dividends on common stock ($0.70 per share) and preferred stock ($0.10 per share) |              |    |                                |    |                                     |    |                  |       |       |      |      |    | (1,159 | )   |        | (1,159 | )   |        |    |       |    |    |       |    |        |
| 19 | Issuance of shares to employees, net of shares withheld for employee taxes        |              |    |                                |    | 4                                   |    |                  |       |       | 121  |      |    |        |     | (13    | )      |     | 108    |    |       |    |    |       |    |        |
| 20 | Stock-based compensation                                                          |              |    |                                |    |                                     |    |                  |       | 215   |      |      |    |        |     |        | 215    |     |        |    |       |    |    |       |    |        |
| 21 | Net income                                                                        |              |    |                                |    |                                     |    |                  |       |       |      |      |    | 4,240  |     |        | 4,240  |     |        |    |       |    |    |       |    |        |
| 22 | Other comprehensive income (loss)                                                 |              |    |                                |    |                                     |    |                  |       |       |      | (531 | )  |        |     |        | (531   | )   |        |    |       |    |    |       |    |        |
| 23 | Balance at May 31, 2017                                                           | 329          |    |                                | $  | -                                   |    |                  | 1,314 |       |      | $    | 3  |        |     | $      | 5,710  |     |        | $  | (213  | )  | $  | 6,907 | $  | 12,407 |
| 24 | Stock options exercised                                                           |              |    |                                |    | 24                                  |    |                  |       |       | 600  |      |    |        |     |        |        | 600 |        |    |       |    |    |       |    |        |
| 25 | Conversion to Class B Common Stock                                                | -            |    |                                | -  |                                     |    | -                |       |       | -    |      |    |        |     |        |        |     |        | -  |       |    |    |       |    |        |
| 26 | Repurchase of Class B Common Stock                                                |              |    |                                |    | (70                                 | )  |                  |       |       | (254 | )    |    |        |     | (4,013 | )      |     | (4,267 | )  |       |    |    |       |    |        |
| 27 | Dividends on common stock ($0.78 per share) and preferred stock ($0.10 per share) |              |    |                                |    |                                     |    |                  |       |       |      |      |    | (1,265 | )   |        | (1,265 | )   |        |    |       |    |    |       |    |        |
| 28 | Issuance of shares to employees, net of shares withheld for employee taxes        |              |    |                                |    | 4                                   |    |                  |       |       | 110  |      |    |        |     | (28    | )      |     | 82     |    |       |    |    |       |    |        |
| 29 | Stock-based compensation                                                          |              |    |                                |    |                                     |    |                  |       | 218   |      |      |    |        |     |        | 218    |     |        |    |       |    |    |       |    |        |
| 30 | Net income                                                                        |              |    |                                |    |                                     |    |                  |       |       |      |      |    | 1,933  |     |        | 1,933  |     |        |    |       |    |    |       |    |        |
| 31 | Other comprehensive income (loss)                                                 |              |    |                                |    |                                     |    |                  |       |       |      | 104  |    |        |     |        | 104    |     |        |    |       |    |    |       |    |        |
| 32 | Reclassifications to retained earnings in accordance with ASU 2018-02             |              |    |                                |    |                                     |    |                  |       |       |      | 17   |    |        | (17 | )      |        | -   |        |    |       |    |    |       |    |        |
| 33 | Balance at May 31, 2018                                                           | 329          |    |                                | $  | -                                   |    |                  | 1,272 |       |      | $    | 3  |        |     | $      | 6,384  |     |        | $  | (92   | )  | $  | 3,517 | $  | 9,812  |

The accompanying Notes to the Consolidated Financial Statements are an integral part of this statement.

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Question: How does the change in "Capital in Excess of Stated Value" from 2017 to 2018 reflect Nike Inc.'s equity transactions?
Answer: Capital in Excess of Stated Value 2018: $6,384 million
Capital in Excess of Stated Value 2017: $5,710 million

Formula:
Percentage Change in Capital in Excess of Stated Value = ((Capital 2018 - Capital 2017) / Capital 2017) × 100

Calculation:
Change: $6,384 million - $5,710 million = $674 million
Percentage Change = ((6,384 - 5,710) / 5,710) × 100
Percentage Change = (674 / 5,710) × 100 ≈ 11.80%

Answer:
The "Capital in Excess of Stated Value" increased by approximately 11.80% from 2017 to 2018. This increase reflects equity transactions such as the issuance of stock to employees through stock-based compensation programs and stock options exercised, which added to the capital base. Despite share repurchases reducing total shareholders' equity, the issuance of new equity for employee incentives contributed positively to this account, indicating a balanced equity transaction strategy by the company