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CONSOLIDATED BALANCE SHEETS - USD ($)
shares in Millions, $ in Millions
Jun. 30, 2021
Jun. 24, 2020
Current assets    
Cash and cash equivalents $ 23.9 $ 43.9
Accounts receivable, net 65.2 52.3
Inventories 28.9 27.3
Restaurant supplies 52.6 51.6
Prepaid expenses 13.6 13.9
Income taxes receivable, net 23.0 35.4
Total current assets 207.2 224.4
Property and equipment, at cost    
Land 33.1 34.2
Buildings and leasehold improvements 1,595.2 1,534.4
Furniture and equipment 818.1 785.7
Construction-in-progress 14.9 24.4
Gross property and equipment 2,461.3 2,378.7
Less accumulated depreciation and amortization (1,686.5) (1,573.4)
Net property and equipment 774.8 805.3
Other assets    
Operating lease assets [1] 1,007.4 1,054.6
Goodwill 188.2 187.6
Deferred income taxes, net 50.9 38.2
Intangibles, net 21.1 23.0
Other 25.3 22.9
Total other assets 1,292.9 1,326.3
Total assets 2,274.9 2,356.0
Current liabilities    
Accounts payable 127.7 104.9
Gift card liability 106.4 109.9
Accrued payroll 122.4 65.2
Operating lease liabilities [1] 97.7 117.3
Other accrued liabilities 117.4 100.6
Total current liabilities 571.6 497.9
Long-term debt and finance leases, less current installments 917.9 1,208.5
Long-term operating lease liabilities, less current portion [1] 1,006.7 1,061.6
Other liabilities 82.0 67.1
Commitments and contingencies (Note 16)
Shareholders’ deficit    
Common stock, shares authorized 250.0  
Common stock, par value per share $ 0.10  
Common stock, shares issued 70.3 70.3
Common stock, shares outstanding 45.9 45.0
Common stock $ 7.0 $ 7.0
Additional paid-in capital 685.4 669.4
Accumulated other comprehensive loss (4.7) (6.2)
Accumulated deficit $ (266.1) $ (397.5)
Treasury stock, shares 24.4 25.3
Treasury stock, at cost $ (724.9) $ (751.8)
Total shareholders’ deficit (303.3) (479.1)
Total liabilities and shareholders’ deficit $ 2,274.9 $ 2,356.0
[1] Operating lease assets are recorded in Operating lease assets and the related current and long-term lease liabilities are recorded within Operating lease liabilities and Long-term operating lease liabilities, less current portion, respectively.