Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Nov. 24, 2019	May 26, 2019
Current assets:
Cash and cash equivalents	$ 23.8	$ 12.2
Receivables, less allowance for doubtful accounts of $1.3 and $1.3	399.7	340.1
Inventories	636.0	498.3
Prepaid expenses and other current assets	47.8	110.9
Total current assets	1,107.3	961.5
Property, plant and equipment, net	1,552.3	1,597.8
Operating lease assets	162.9
Equity method investments	257.9	224.6
Goodwill	307.2	205.9
Intangible assets, net	39.8	37.6
Other assets	39.4	20.7
Total assets	3,466.8	3,048.1
Current liabilities:
Short-term borrowings	9.9	8.4
Current portion of long-term debt and financing obligations	36.1	38.0
Accounts payable	406.0	289.2
Accrued liabilities	217.4	217.2
Total current liabilities	669.4	552.8
Long-term liabilities:
Long-term debt and financing obligations, excluding current portion	2,203.7	2,280.2
Deferred income taxes	149.5	125.7
Other noncurrent liabilities	243.1	94.0
Total long-term liabilities	2,596.3	2,499.9
Commitments and contingencies
Stockholders' equity:
Common stock of $1.00 par value, 600,000,000 shares authorized; 146,837,024 and 146,654,827 shares issued	146.8	146.7
Additional distributed capital	(877.0)	(890.3)
Retained earnings	1,021.9	803.6
Accumulated other comprehensive loss	(33.5)	(25.3)
Treasury stock, at cost, 833,820 and 585,794 common shares	(57.1)	(39.3)
Total stockholders' equity (deficit)	201.1	(4.6)
Total liabilities and stockholders' equity	$ 3,466.8	$ 3,048.1