Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Aug. 25, 2019	May 26, 2019
Current assets:
Cash and cash equivalents	$ 19.0	$ 12.2
Receivables, less allowance for doubtful accounts of $1.3 and $1.3	371.1	340.1
Inventories	466.5	498.3
Prepaid expenses and other current assets	49.6	110.9
Total current assets	906.2	961.5
Property, plant and equipment, net	1,555.1	1,597.8
Operating lease assets	160.3
Goodwill	306.4	205.9
Intangible assets, net	40.4	37.6
Equity method investments	225.5	224.6
Other assets	28.7	20.7
Total assets	3,222.6	3,048.1
Current liabilities:
Short-term borrowings		8.4
Current portion of long-term debt and financing obligations	36.5	38.0
Accounts payable	284.9	289.2
Accrued liabilities	218.7	217.2
Total current liabilities	540.1	552.8
Long-term liabilities:
Long-term debt and financing obligations, excluding current portion	2,210.1	2,280.2
Deferred income taxes	143.5	125.7
Other noncurrent liabilities	236.6	94.0
Total long-term liabilities	2,590.2	2,499.9
Commitments and contingencies
Stockholders' equity:
Common stock of $1.00 par value, 600,000,000 shares authorized; 146,760,237 and 146,654,827 shares issued	146.8	146.7
Additional distributed capital	(884.7)	(890.3)
Retained earnings	911.1	803.6
Accumulated other comprehensive loss	(34.2)	(25.3)
Treasury stock, at cost, 697,515 and 585,794 common shares	(46.7)	(39.3)
Total stockholders' equity (deficit)	92.3	(4.6)
Total liabilities and stockholders' equity	$ 3,222.6	$ 3,048.1