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Consolidated Balance Sheets - USD ($)
$ in Millions
Aug. 27, 2017
May 28, 2017
Current assets:    
Cash and cash equivalents $ 146.8 $ 233.1
Receivables, net 57.6 75.9
Inventories 176.3 178.9
Prepaid income taxes 2.9 6.2
Prepaid expenses and other current assets 88.3 80.6
Assets held for sale 11.1 13.2
Total current assets 483.0 587.9
Land, buildings and equipment, net of accumulated depreciation and amortization of $2,061.5 and $1,996.8, respectively 2,318.8 2,272.3
Goodwill 1,172.2 1,201.7
Trademarks 950.2 950.2
Other assets 299.3 280.2
Total assets 5,223.5 5,292.3
Current liabilities:    
Accounts payable 256.8 249.5
Accrued payroll 123.9 149.1
Accrued income taxes 11.5 1.9
Other accrued taxes 61.9 54.2
Unearned revenues 353.1 388.6
Other current liabilities 451.1 445.9
Total current liabilities 1,258.3 1,289.2
Long-term debt 936.6 936.6
Deferred income taxes 151.9 145.6
Deferred rent 292.1 282.8
Other liabilities 525.9 536.4
Total liabilities 3,164.8 3,190.6
Stockholders’ equity:    
Common stock and surplus 1,619.8 1,614.6
Retained earnings 515.0 560.1
Treasury stock (7.8) (7.8)
Accumulated other comprehensive income (loss) (66.1) (62.9)
Unearned compensation (2.2) (2.3)
Total stockholders’ equity 2,058.7 2,101.7
Total liabilities and stockholders’ equity $ 5,223.5 $ 5,292.3