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Consolidated Balance Sheets (USD $)
In Millions, unless otherwise specified
May 26, 2013
May 27, 2012
Current assets:    
Cash and cash equivalents $ 88.2 $ 70.5
Receivables, net 85.4 71.4
Inventories 356.9 404.1
Prepaid income taxes 6.4 12.2
Prepaid expenses and other current assets 83.4 74.9
Deferred income taxes 144.6 124.5
Total current assets 764.9 757.6
Land, buildings and equipment, net 4,391.1 3,951.3
Goodwill 908.3 538.6
Trademarks 573.8 464.9
Other assets 298.8 231.8
Total assets 6,936.9 5,944.2
Current liabilities:    
Accounts payable 296.5 260.7
Short-term debt 164.5 262.7
Accrued payroll 150.5 154.3
Accrued income taxes 16.5 0
Other accrued taxes 67.6 60.4
Unearned revenues 270.5 231.7
Current portion of long-term debt 0 349.9
Other current liabilities 450.3 454.4
Total current liabilities 1,416.4 1,774.1
Long-term debt, less current portion 2,496.2 1,453.7
Deferred income taxes 356.4 312.9
Deferred rent 230.5 204.4
Obligations under capital leases, net of current installments 52.5 54.4
Other liabilities 325.4 302.7
Total liabilities 4,877.4 4,102.2
Stockholders’ equity:    
Common stock and surplus, no par value. Authorized 500.0 shares; issued 131.6 and 289.0 shares, respectively; outstanding 130.3 and 129.0 shares, respectively 1,207.6 2,518.8
Preferred stock, no par value. Authorized 25.0 shares; none issued and outstanding 0 0
Retained earnings 998.9 3,172.8
Treasury stock, 1.3 and 160.0 shares, at cost, respectively (8.1) (3,695.8)
Accumulated other comprehensive income (loss) (132.8) (146.6)
Unearned compensation (6.1) (7.2)
Total stockholders’ equity 2,059.5 1,842.0
Total liabilities and stockholders’ equity $ 6,936.9 $ 5,944.2