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Consolidated Balance Sheets (USD $)
In Millions
Aug. 28, 2011
May 29, 2011
Current assets:    
Cash and cash equivalents $ 74.2 $ 70.5
Receivables, net 64.4 65.4
Inventories 343.0 300.1
Prepaid income taxes 5.2 5.2
Prepaid expenses and other current assets 81.7 77.0
Deferred income taxes 163.5 145.6
Total current assets 732.0 663.8
Land, buildings and equipment, net of accumulated depreciation and amortization of $2,610.7 and $2,545.4, respectively 3,690.2 3,622.0
Goodwill 516.9 517.1
Trademarks 454.0 454.0
Other assets 201.1 209.7
Total assets 5,594.2 5,466.6
Current liabilities:    
Accounts payable 289.0 251.3
Short-term debt 330.5 185.5
Accrued payroll 129.7 167.1
Accrued income taxes 22.1 9.3
Other accrued taxes 63.7 64.3
Unearned revenues 177.8 200.0
Other current liabilities 439.4 409.3
Total current liabilities 1,452.2 1,286.8
Long-term debt 1,405.9 1,407.3
Deferred income taxes 352.7 345.4
Deferred rent 190.3 186.2
Obligations under capital leases, net of current installments 55.6 56.0
Other liabilities 234.2 248.7
Total liabilities 3,690.9 3,530.4
Stockholders' equity:    
Common stock and surplus 2,444.4 2,408.8
Retained earnings 2,970.7 2,921.9
Treasury stock (3,415.1) (3,325.3)
Accumulated other comprehensive income (loss) (88.1) (59.8)
Unearned compensation (8.6) (9.4)
Total stockholders' equity 1,903.3 1,936.2
Total liabilities and stockholders' equity $ 5,594.2 $ 5,466.6