Pros
Nike has tremendous resources and capabilities in its core areas, as you'd expect from a company of its size and history. The talent pool is very impressive, and there are many wonderful people there who enjoy and believe in what they do. The benefits are good on the whole, and when the company lives up to its own ideals, it can do great things.
Cons
Very few in leadership understand tech or data, but they insist it's the company's future. The yearly review process is awful: grueling and petty, and destructive to all the supposed attempts at employee development. The relentless internal propaganda can be nauseating. The lofty ideals (like the 11 maxims) are pounded into you, but they're used to justify mundane business actions more often than they're used to inspire or elevate.