Consolidated Balance Sheets - USD ($) $ in Millions	Nov. 28, 2021	May 30, 2021
Current assets:
Cash and cash equivalents	$ 621.9	$ 783.5
Receivables, less allowance for doubtful accounts of $1.1 and $0.9	423.2	366.9
Inventories	613.9	513.5
Prepaid expenses and other current assets	58.8	117.8
Total current assets	1,717.8	1,781.7
Property, plant and equipment, net	1,568.0	1,524.0
Operating lease assets	136.1	141.7
Equity method investments	294.7	310.2
Goodwill	318.6	334.5
Intangible assets, net	35.0	36.9
Other assets	85.4	80.4
Total assets	4,155.6	4,209.4
Current liabilities:
Current portion of long-term debt and financing obligations	32.2	32.0
Accounts payable	445.4	359.3
Accrued liabilities	215.4	226.9
Total current liabilities	693.0	618.2
Long-term liabilities:
Long-term debt and financing obligations, excluding current portion	2,692.1	2,705.4
Deferred income taxes	161.4	159.7
Other noncurrent liabilities	243.9	245.5
Total long-term liabilities	3,097.4	3,110.6
Commitments and contingencies
Stockholders' equity:
Common stock of $1.00 par value, 600,000,000 shares authorized; 148,028,060 and 147,640,632 shares issued	148.0	147.6
Additional distributed capital	(825.8)	(836.8)
Retained earnings	1,238.3	1,244.6
Accumulated other comprehensive income (loss)	(7.5)	29.5
Treasury stock, at cost, 2,827,412 and 1,448,768 common shares	(187.8)	(104.3)
Total stockholders' equity	365.2	480.6
Total liabilities and stockholders' equity	$ 4,155.6	$ 4,209.4