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Consolidated Balance Sheets - USD ($)
$ in Millions
Nov. 27, 2016
May 29, 2016
Current assets:    
Cash and cash equivalents $ 116.8 $ 274.8
Receivables, net 69.8 64.0
Inventories 183.6 175.4
Prepaid income taxes 44.6 46.1
Prepaid expenses and other current assets 82.2 76.4
Deferred income taxes 173.1 163.3
Assets held for sale 13.3 20.3
Total current assets 683.4 820.3
Land, buildings and equipment, net of accumulated depreciation and amortization of $1,909.9 and $1,819.0, respectively 2,056.9 2,041.6
Goodwill 872.3 872.3
Trademarks 575.2 574.6
Other assets 274.1 273.8
Total assets 4,461.9 4,582.6
Current liabilities:    
Accounts payable 249.6 241.9
Accrued payroll 109.0 135.1
Other accrued taxes 48.9 49.1
Unearned revenues 336.2 360.4
Other current liabilities 407.6 400.6
Total current liabilities 1,151.3 1,187.1
Long-term debt, less current portion 440.5 440.0
Deferred income taxes 260.8 255.2
Deferred rent 266.1 249.7
Other liabilities 489.8 498.6
Total liabilities 2,608.5 2,630.6
Stockholders’ equity:    
Common stock and surplus 1,522.9 1,502.6
Retained earnings 424.4 547.5
Treasury stock (7.8) (7.8)
Accumulated other comprehensive income (loss) (83.3) (87.0)
Unearned compensation (2.8) (3.3)
Total stockholders’ equity 1,853.4 1,952.0
Total liabilities and stockholders’ equity $ 4,461.9 $ 4,582.6