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Consolidated Statements Of Cash Flows (USD $)
In Millions, unless otherwise specified
12 Months Ended
May 26, 2013
May 27, 2012
May 29, 2011
Cash flows - operating activities      
Net earnings $ 411.9 $ 475.5 $ 476.3
Losses from discontinued operations, net of tax 0.7 1.0 2.4
Adjustments to reconcile net earnings from continuing operations to cash flows:      
Depreciation and amortization 394.8 349.1 316.8
Asset impairment charges, net 0.8 0.5 4.7
Amortization of loan costs 13.0 6.7 2.8
Stock-based compensation expense 49.3 56.1 66.6
Change in current assets and liabilities 40.1 (191.4) 12.2
Contributions to pension and postretirement plan (3.2) (22.7) (13.2)
Loss on disposal of land, buildings and equipment 8.1 7.1 6.9
Change in cash surrender value of trust-owned life insurance (16.8) 4.1 (13.7)
Deferred income taxes (2.1) 36.1 28.8
Change in deferred rent 26.8 18.5 17.1
Change in other assets and liabilities 17.1 15.8 (15.4)
Income tax benefits from exercise of stock-based compensation credited to goodwill 0.1 0.6 0.2
Other, net 8.9 5.2 2.2
Net cash provided by operating activities of continuing operations 949.5 762.2 894.7
Cash flows - investing activities      
Purchases of land, buildings and equipment (685.6) (639.7) (547.7)
Proceeds from disposal of land, buildings and equipment 0.4 3.3 7.0
Purchases of marketable securities (12.9) (32.1) (6.5)
Proceeds from sale of marketable securities 26.0 21.3 5.1
Cash used in business acquisitions, net of cash acquired (577.4) (58.5) 0
Increase in other assets (40.9) (15.9) (10.6)
Net cash used in investing activities of continuing operations (1,290.4) (721.6) (552.7)
Cash flows - financing activities      
Proceeds from issuance of common stock 64.4 70.2 63.0
Income tax benefits credited to equity 13.6 17.9 17.7
Dividends paid (258.2) (223.9) (175.5)
Purchases of common stock (52.4) (375.1) (385.5)
ESOP note receivable repayments 1.1 2.1 1.8
Proceeds from issuance of short-term debt 2,670.3 2,321.0 1,454.9
Repayments of short-term debt (2,768.4) (2,243.8) (1,269.4)
Repayments of long-term debt (355.9) (2.1) (226.8)
Proceeds from issuance of long-term debt 1,050.0 400.0 0
Payment of debt issuance costs (7.4) (5.1) 0
Principal payments on capital leases (1.7) (1.6) (1.2)
Net cash provided by (used in) financing activities of continuing operations 355.4 (40.4) (521.0)
Cash flows - discontinued operations      
Net cash used in operating activities of discontinued operations (0.2) (0.5) (2.1)
Net cash provided by investing activities of discontinued operations 3.4 0.3 2.8
Net cash provided by (used in) discontinued operations 3.2 (0.2) 0.7
Increase (decrease) in cash and cash equivalents 17.7 0 (178.3)
Cash and cash equivalents - beginning of year 70.5 70.5 248.8
Cash and cash equivalents - end of year 88.2 70.5 70.5
Cash flows from changes in current assets and liabilities      
Receivables, net (9.4) (6.1) (5.9)
Inventories 50.6 (103.0) (79.3)
Prepaid expenses and other current assets (11.7) (6.6) (5.0)
Accounts payable 10.8 (10.2) 5.5
Accrued payroll (9.3) (13.3) 5.3
Prepaid/accrued income taxes 22.5 (16.3) 4.7
Other accrued taxes 6.4 (3.9) 2.3
Unearned revenues 36.4 31.1 27.3
Other current liabilities (56.2) (63.1) 57.3
Change in current assets and liabilities $ 40.1 $ (191.4) $ 12.2