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Consolidated Balance Sheets (Unaudited) (USD $)
In Millions, unless otherwise specified
Nov. 23, 2014
May 25, 2014
Current assets:    
Cash and cash equivalents $ 157.5us-gaap_CashAndCashEquivalentsAtCarryingValue $ 98.3us-gaap_CashAndCashEquivalentsAtCarryingValue
Receivables, net 66.7us-gaap_ReceivablesNetCurrent 83.8us-gaap_ReceivablesNetCurrent
Inventories 193.5us-gaap_InventoryNet 196.8us-gaap_InventoryNet
Prepaid income taxes 9.2us-gaap_PrepaidTaxes 10.9us-gaap_PrepaidTaxes
Prepaid expenses and other current assets 74.9us-gaap_PrepaidExpenseAndOtherAssetsCurrent 72.3us-gaap_PrepaidExpenseAndOtherAssetsCurrent
Deferred income taxes 172.7us-gaap_DeferredTaxAssetsNetCurrent 124.0us-gaap_DeferredTaxAssetsNetCurrent
Assets held for sale 44.9us-gaap_AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent 1,390.3us-gaap_AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent
Total current assets 719.4us-gaap_AssetsCurrent 1,976.4us-gaap_AssetsCurrent
Land, buildings and equipment, net of accumulated depreciation and amortization of $2,209.6 and $2,050.2, respectively 3,338.3us-gaap_PropertyPlantAndEquipmentNet 3,381.0us-gaap_PropertyPlantAndEquipmentNet
Goodwill 872.5us-gaap_Goodwill 872.5us-gaap_Goodwill
Trademarks 574.6us-gaap_IndefiniteLivedTrademarks 574.6us-gaap_IndefiniteLivedTrademarks
Other assets 283.1us-gaap_OtherAssetsNoncurrent 296.2us-gaap_OtherAssetsNoncurrent
Total assets 5,787.9us-gaap_Assets 7,100.7us-gaap_Assets
Current liabilities:    
Accounts payable 201.8us-gaap_AccountsPayableCurrent 233.1us-gaap_AccountsPayableCurrent
Short-term debt 20.0us-gaap_ShortTermBorrowings 207.6us-gaap_ShortTermBorrowings
Accrued payroll 104.6us-gaap_EmployeeRelatedLiabilitiesCurrent 125.7us-gaap_EmployeeRelatedLiabilitiesCurrent
Accrued income taxes 135.4us-gaap_AccruedIncomeTaxesCurrent 0us-gaap_AccruedIncomeTaxesCurrent
Other accrued taxes 66.0us-gaap_AccrualForTaxesOtherThanIncomeTaxesCurrent 64.5us-gaap_AccrualForTaxesOtherThanIncomeTaxesCurrent
Unearned revenues 265.7us-gaap_DeferredRevenueCurrent 299.7us-gaap_DeferredRevenueCurrent
Current portion of long-term debt 15.0us-gaap_LongTermDebtCurrent 15.0us-gaap_LongTermDebtCurrent
Other current liabilities 497.5us-gaap_OtherLiabilitiesCurrent 457.4us-gaap_OtherLiabilitiesCurrent
Liabilities associated with assets held for sale 0us-gaap_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent 215.5us-gaap_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent
Total current liabilities 1,306.0us-gaap_LiabilitiesCurrent 1,618.5us-gaap_LiabilitiesCurrent
Long-term debt, less current portion 1,468.4us-gaap_LongTermDebtNoncurrent 2,481.4us-gaap_LongTermDebtNoncurrent
Deferred income taxes 279.8us-gaap_DeferredTaxLiabilitiesNoncurrent 286.1us-gaap_DeferredTaxLiabilitiesNoncurrent
Deferred rent 218.8us-gaap_DeferredRentCreditNoncurrent 206.2us-gaap_DeferredRentCreditNoncurrent
Obligations under capital leases, net of current installments 50.8us-gaap_CapitalLeaseObligationsNoncurrent 52.0us-gaap_CapitalLeaseObligationsNoncurrent
Other liabilities 358.6us-gaap_OtherLiabilitiesNoncurrent 299.6us-gaap_OtherLiabilitiesNoncurrent
Total liabilities 3,682.4us-gaap_Liabilities 4,943.8us-gaap_Liabilities
Stockholders’ equity:    
Common stock and surplus 1,200.7us-gaap_CommonStocksIncludingAdditionalPaidInCapital 1,302.2us-gaap_CommonStocksIncludingAdditionalPaidInCapital
Retained earnings 997.3us-gaap_RetainedEarningsAccumulatedDeficit 995.8us-gaap_RetainedEarningsAccumulatedDeficit
Treasury stock (7.8)us-gaap_TreasuryStockValue (7.8)us-gaap_TreasuryStockValue
Accumulated other comprehensive income (loss) (79.8)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax (128.1)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax
Unearned compensation (4.9)us-gaap_DeferredCompensationEquity (5.2)us-gaap_DeferredCompensationEquity
Total stockholders’ equity 2,105.5us-gaap_StockholdersEquity 2,156.9us-gaap_StockholdersEquity
Total liabilities and stockholders’ equity $ 5,787.9us-gaap_LiabilitiesAndStockholdersEquity $ 7,100.7us-gaap_LiabilitiesAndStockholdersEquity