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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Sep. 01, 2018
Jun. 02, 2018
Current Assets:    
Cash and cash equivalents $ 101.7 $ 203.9
Short-term investments 8.5 8.6
Accounts and notes receivable, net 205.4 217.4
Unbilled accounts receivable 25.4 1.9
Inventories, net 163.8 162.4
Prepaid expenses and other 51.2 51.2
Total current assets 556.0 645.4
Property and equipment, at cost 1,031.0 1,020.8
Less — accumulated depreciation (701.2) (689.4)
Net property and equipment 329.8 331.4
Goodwill 303.9 304.1
Indefinite-lived intangibles 78.1 78.1
Other amortizable intangibles, net 45.1 41.3
Other noncurrent assets 150.8 79.2
Total Assets 1,463.7 1,479.5
Current Liabilities:    
Accounts payable 170.2 171.4
Accrued compensation and benefits 68.8 86.3
Accrued warranty 52.1 51.5
Customer deposits 27.3 27.6
Other accrued liabilities 73.0 77.0
Total current liabilities 391.4 413.8
Long-term debt 281.9 275.0
Pension and post-retirement benefits 14.6 15.6
Other liabilities 81.9 79.8
Total Liabilities 769.8 784.2
Redeemable noncontrolling interests 20.7 30.5
Stockholders' Equity:    
Preferred stock, no par value (10,000,000 shares authorized, none issued) 0.0 0.0
Common stock, $0.20 par value (240,000,000 shares authorized, 59,302,918 and 59,774,490 shares issued and outstanding in 2019 and 2018, respectively) 11.9 11.7
Additional paid-in capital 106.5 116.6
Retained earnings 624.5 598.3
Accumulated other comprehensive loss (69.2) (61.3)
Key executive deferred compensation plans (0.7) (0.7)
Herman Miller, Inc. Stockholders' Equity 673.0 664.6
Noncontrolling Interests 0.2 0.2
Total Stockholders' Equity 673.2 664.8
Total Liabilities, Redeemable Noncontrolling Interests, and Stockholders' Equity $ 1,463.7 $ 1,479.5