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Consolidated Balance Sheets - USD ($)
$ in Millions
Feb. 26, 2017
May 29, 2016
Current assets:    
Cash and cash equivalents $ 391.4 $ 274.8
Receivables, net 43.6 64.0
Inventories 168.0 175.4
Prepaid income taxes 8.4 46.1
Prepaid expenses and other current assets 77.5 76.4
Deferred income taxes 182.7 163.3
Assets held for sale 13.3 20.3
Total current assets 884.9 820.3
Land, buildings and equipment, net of accumulated depreciation and amortization of $1,949.9 and $1,819.0, respectively 2,069.1 2,041.6
Goodwill 872.3 872.3
Trademarks 575.2 574.6
Other assets 278.3 273.8
Total assets 4,679.8 4,582.6
Current liabilities:    
Accounts payable 205.5 241.9
Accrued payroll 127.4 135.1
Accrued income taxes 14.6 0.0
Other accrued taxes 47.5 49.1
Unearned revenues 426.2 360.4
Other current liabilities 410.9 400.6
Total current liabilities 1,232.1 1,187.1
Long-term debt, less current portion 440.7 440.0
Deferred income taxes 263.8 255.2
Deferred rent 274.9 249.7
Other liabilities 495.5 498.6
Total liabilities 2,707.0 2,630.6
Stockholders’ equity:    
Common stock and surplus 1,547.0 1,502.6
Retained earnings 520.0 547.5
Treasury stock (7.8) (7.8)
Accumulated other comprehensive income (loss) (84.0) (87.0)
Unearned compensation (2.4) (3.3)
Total stockholders’ equity 1,972.8 1,952.0
Total liabilities and stockholders’ equity $ 4,679.8 $ 4,582.6