Consolidated Balance Sheets - USD ($) $ in Millions	Feb. 23, 2020	May 26, 2019
Current assets:
Cash and cash equivalents	$ 30.1	$ 12.2
Receivables, less allowance for doubtful accounts of $0.9 and $1.3	368.8	340.1
Inventories	597.3	498.3
Prepaid expenses and other current assets	101.3	110.9
Total current assets	1,097.5	961.5
Property, plant and equipment, net	1,554.0	1,597.8
Operating lease assets	172.4
Equity method investments	253.4	224.6
Goodwill	303.0	205.9
Intangible assets, net excluding goodwill	39.0	37.6
Other assets	46.9	20.7
Total assets	3,466.2	3,048.1
Current liabilities:
Short-term borrowings	21.0	8.4
Current portion of long-term debt and financing obligations	36.6	38.0
Accounts payable	291.9	289.2
Accrued liabilities	244.2	217.2
Total current liabilities	593.7	552.8
Long-term liabilities:
Long-term debt and financing obligations, excluding current portion	2,195.3	2,280.2
Deferred income taxes	156.9	125.7
Other noncurrent liabilities	249.9	94.0
Total long-term liabilities	2,602.1	2,499.9
Commitments and contingencies
Stockholders' equity:
Common stock of $1.00 par value, 600,000,000 shares authorized; 146,993,259 and 146,654,827 shares issued	147.0	146.7
Additional distributed capital	(867.0)	(890.3)
Retained earnings	1,099.2	803.6
Accumulated other comprehensive loss	(40.6)	(25.3)
Treasury stock, at cost, 954,680 and 585,794 common shares	(68.2)	(39.3)
Total stockholders' equity (deficit)	270.4	(4.6)
Total liabilities and stockholders' equity	$ 3,466.2	$ 3,048.1