XML 1026 R2.htm IDEA: XBRL DOCUMENT v3.7.0.1
Consolidated Statements Of Earnings - USD ($)
shares in Millions, $ in Millions
12 Months Ended
May 28, 2017
May 29, 2016
May 31, 2015
Income Statement [Abstract]      
Sales $ 7,170.2 $ 6,933.5 $ 6,764.0
Costs and expenses:      
Food and beverage 2,070.3 2,039.7 2,085.1
Restaurant labor 2,265.3 2,189.2 2,135.6
Restaurant expenses 1,265.2 1,163.5 1,120.8
Marketing expenses 239.7 238.0 243.3
General and administrative expenses 387.7 384.9 430.2
Depreciation and amortization 272.9 290.2 319.3
Impairments and disposal of assets, net (8.4) 5.8 62.1
Total operating costs and expenses 6,492.7 6,311.3 6,396.4
Operating income 677.5 622.2 367.6
Interest, net 40.2 172.5 192.3
Earnings before income taxes 637.3 449.7 175.3
Income tax expense (benefit) 154.8 90.0 (21.1)
Earnings from continuing operations 482.5 359.7 196.4
Earnings (loss) from discontinued operations, net of tax expense (benefit) of $(4.2), $3.4 and $344.8, respectively (3.4) 15.3 513.1
Net earnings $ 479.1 $ 375.0 $ 709.5
Basic net earnings per share:      
Earnings from continuing operations, basic (in dollars per share) $ 3.88 $ 2.82 $ 1.54
Earnings (loss) from discontinued operations, basic (in dollars per share) (0.03) 0.12 4.02
Net (loss) earnings, basic (in dollars per share) 3.85 2.94 5.56
Diluted net earnings per share:      
Earnings from continuing operations, diluted (in dollars per share) 3.83 2.78 1.51
Earnings (loss) from discontinued operations, diluted (in dollars per share) (0.03) 0.12 3.96
Net (loss) earnings, diluted (in dollars per share) $ 3.80 $ 2.90 $ 5.47
Average number of common shares outstanding:      
Basic (shares) 124.3 127.4 127.7
Diluted (shares) 126.0 129.3 129.7
Dividends declared per common share (in dollars per share) $ 2.24 $ 2.10 $ 2.2