Consolidated Balance Sheets - USD ($) $ in Millions	May 31, 2020	May 26, 2019
Current assets:
Cash and cash equivalents	$ 1,364.0	$ 12.2
Receivables, less allowance for doubtful accounts of $1.3 and $1.3	342.1	340.1
Inventories	486.7	498.3
Prepaid expenses and other current assets	109.8	110.9
Total current assets	2,302.6	961.5
Property, plant and equipment, net	1,535.0	1,597.8
Operating lease assets	167.0
Equity method investments	250.2	224.6
Goodwill	303.8	205.9
Intangible assets, net	38.3	37.6
Other assets	65.4	20.7
Total assets	4,662.3	3,048.1
Current liabilities:
Short-term borrowings	498.7	8.4
Current portion of long-term debt and financing obligations	48.8	38.0
Accounts payable	244.4	289.2
Accrued liabilities	233.0	217.2
Total current liabilities	1,024.9	552.8
Long-term liabilities:
Long-term debt and financing obligations, excluding current portion	2,992.6	2,280.2
Deferred income taxes	152.5	125.7
Other noncurrent liabilities	252.3	94.0
Total long-term liabilities	3,397.4	2,499.9
Commitments and contingencies
Stockholders' equity:
Common stock of $1.00 par value, 600,000,000 shares authorized; 146,993,751 and 146,654,827 shares issued	147.0	146.7
Additional distributed capital	(862.9)	(890.3)
Retained earnings	1,064.6	803.6
Accumulated other comprehensive loss	(40.5)	(25.3)
Treasury stock, at cost, 954,858 and 585,794 common shares	(68.2)	(39.3)
Total stockholders' equity (deficit)	240.0	(4.6)
Total liabilities and stockholders' equity	$ 4,662.3	$ 3,048.1