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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Feb. 25, 2018
Feb. 26, 2017
Cash flows—operating activities    
Net earnings $ 421.5 $ 355.3
Losses from discontinued operations, net of tax 6.9 1.8
Adjustments to reconcile net earnings from continuing operations to cash flows:    
Depreciation and amortization 234.1 202.5
Impairments and disposal of assets, net (1.1) (8.4)
Amortization of loan costs and losses on interest-rate related derivatives 1.2 0.7
Stock-based compensation expense 32.2 27.3
Change in current assets and liabilities 13.9 91.7
Contributions to pension and postretirement plans (61.6) (1.2)
Change in cash surrender value of trust-owned life insurance (10.7) (8.2)
Deferred income taxes (29.0) (12.9)
Change in deferred rent 27.8 24.5
Change in other assets and liabilities 11.0 19.5
Loss on extinguishment of debt 102.2 0.0
Other, net 2.6 8.7
Net cash provided by operating activities of continuing operations 751.0 701.3
Cash flows—investing activities    
Purchases of land, buildings and equipment (294.9) (214.0)
Proceeds from disposal of land, buildings and equipment 3.3 8.2
Cash used in business acquisitions, net of cash acquired (40.4) 0.0
Purchases of capitalized software and other assets (14.7) (18.8)
Other, net 4.4 4.3
Net cash used in investing activities of continuing operations (342.3) (220.3)
Cash flows—financing activities    
Proceeds from issuance of common stock 35.5 62.5
Income tax benefits credited to equity 0.0 12.1
Dividends paid (234.9) (208.9)
Repurchases of common stock (207.6) (214.9)
Proceeds from issuance of short-term debt 812.2 0.0
Repayments of short-term debt (761.6) 0.0
Repayments of long-term debt (408.2) 0.0
Proceeds from issuance of long-term debt 300.0 0.0
Principal payments on capital and financing leases (3.9) (3.0)
Other, net (11.5) 0.8
Net cash used in financing activities of continuing operations (480.0) (351.4)
Cash flows—discontinued operations    
Net cash used in operating activities of discontinued operations (15.2) (13.8)
Net cash provided by investing activities of discontinued operations 0.2 0.8
Net cash used in discontinued operations (15.0) (13.0)
Increase (decrease) in cash and cash equivalents (86.3) 116.6
Cash and cash equivalents - beginning of period 233.1 274.8
Cash and cash equivalents - end of period 146.8 391.4
Cash flows from changes in current assets and liabilities    
Receivables, net 25.8 24.5
Inventories (29.1) 7.3
Prepaid expenses and other current assets (12.9) (1.3)
Accounts payable 28.9 (46.8)
Accrued payroll 5.7 (7.7)
Prepaid/accrued income taxes (56.8) 52.2
Other accrued taxes (1.9) (1.5)
Unearned revenues 74.0 79.2
Other current liabilities (19.8) (14.2)
Change in current assets and liabilities $ 13.9 $ 91.7