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Segment Information (Tables)
 6 Months Ended
Nov. 26, 2017
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
The following tables reconcile our segment results to our consolidated results reported in accordance with GAAP:
(in millions)
 
Olive Garden
 
LongHorn Steakhouse
 
Fine Dining
 
Other Business
 
Corporate
 
Consolidated
For the three months ended November 26, 2017
 
Sales
 
$
951.6

 
$
387.7

 
$
140.6

 
$
401.6

 
$
—

 
$
1,881.5

Restaurant and marketing expenses
 
784.0

 
327.2

 
113.5

 
350.2

 
—

 
1,574.9

Segment profit
 
$
167.6

 
$
60.5

 
$
27.1

 
$
51.4

 
$
—

 
$
306.6

 
 
 
 
 
 
 
 
 
 
 
 
 
Depreciation and amortization
 
$
33.4

 
$
16.4

 
$
7.8

 
$
21.2

 
$
—

 
$
78.8

Impairments and disposal of assets, net
 
—

 
—

 
—

 
—

 
—

 
—

(in millions)
 
Olive Garden
 
LongHorn Steakhouse
 
Fine Dining
 
Other Business
 
Corporate
 
Consolidated
For the three months ended November 27, 2016
 
Sales
 
$
915.0

 
$
365.0

 
$
128.6

 
$
233.9

 
$
—

 
$
1,642.5

Restaurant and marketing expenses
 
761.5

 
312.6

 
105.2

 
199.3

 
—

 
1,378.6

Segment profit
 
$
153.5

 
$
52.4

 
$
23.4

 
$
34.6

 
$
—

 
$
263.9

 
 
 
 
 
 
 
 
 
 
 
 
 
Depreciation and amortization
 
$
31.1

 
$
16.3

 
$
7.2

 
$
13.2

 
$
—

 
$
67.8

Impairments and disposal of assets, net
 
(0.2
)
 
—

 
—

 
—

 
0.3

 
0.1



(in millions)
 
Olive Garden
 
LongHorn Steakhouse
 
Fine Dining
 
Other Business
 
Corporate
 
Consolidated
For the six months ended November 26, 2017
 
Sales
 
$
1,941.4

 
$
792.1

 
$
262.8

 
$
821.3

 
$
—

 
$
3,817.6

Restaurant and marketing expenses
 
1,574.7

 
668.1

 
216.4

 
704.0

 
—

 
3,163.2

Segment profit
 
$
366.7

 
$
124.0

 
$
46.4

 
$
117.3

 
$
—

 
$
654.4

 
 
 
 
 
 
 
 
 
 
 
 
 
Depreciation and amortization
 
$
65.5

 
$
32.9

 
$
15.6

 
$
40.9

 
$
—

 
$
154.9

Impairments and disposal of assets, net
 
—

 
—

 
—

 
—

 
(0.8
)
 
(0.8
)
Purchases of land, buildings and equipment
 
89.2

 
36.4

 
13.3

 
54.7

 
4.1

 
197.7

(in millions)
 
Olive Garden
 
LongHorn Steakhouse
 
Fine Dining
 
Other Business
 
Corporate
 
Consolidated
For the six months ended November 27, 2016
 
Sales
 
$
1,876.2

 
$
751.3

 
$
242.8

 
$
486.6

 
$
—

 
$
3,356.9

Restaurant and marketing expenses
 
1,536.4

 
638.8

 
202.6

 
407.2

 
—

 
2,785.0

Segment profit
 
$
339.8

 
$
112.5

 
$
40.2

 
$
79.4

 
$
—

 
$
571.9

 
 
 
 
 
 
 
 
 
 
 
 
 
Depreciation and amortization
 
$
61.1

 
$
32.6

 
$
14.4

 
$
26.5

 
$
—

 
$
134.6

Impairments and disposal of assets, net
 
(1.7
)
 
(0.1
)
 
—

 
(6.1
)
 
0.2

 
(7.7
)
Purchases of land, buildings and equipment
 
60.9

 
28.4

 
21.6

 
22.7

 
1.7

 
135.3
Reconciliation of Operating Profit (Loss) from Segments to Consolidated
Reconciliation of segment profit to earnings from continuing operations before income taxes:
 
 
Three Months Ended
 
Six Months Ended
(in millions)
 
November 26, 2017
 
November 27, 2016
 
November 26, 2017
 
November 27, 2016
Segment profit
 
$
306.6

 
$
263.9

 
$
654.4

 
$
571.9

Less general and administrative expenses
 
(98.9
)
 
(79.5
)
 
(196.9
)
 
(167.2
)
Less depreciation and amortization
 
(78.8
)
 
(67.8
)
 
(154.9
)
 
(134.6
)
Less impairments and disposal of assets, net
 
—

 
(0.1
)
 
0.8

 
7.7

Less interest, net
 
(15.5
)
 
(9.5
)
 
(30.5
)
 
(19.4
)
Earnings before income taxes
 
$
113.4

 
$
107.0

 
$
272.9

 
$
258.4