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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Aug. 26, 2018
Aug. 27, 2017
Cash flows—operating activities    
Net earnings $ 166.2 $ 119.0
Losses from discontinued operations, net of tax 2.7 2.3
Adjustments to reconcile net earnings from continuing operations to cash flows:    
Depreciation and amortization 80.7 76.1
Impairments and disposal of assets, net 0.1 (0.8)
Stock-based compensation expense 17.9 8.4
Change in current assets and liabilities (79.2) (53.2)
Contributions to pension and postretirement plans (0.4) (0.4)
Deferred income taxes 3.8 22.4
Change in deferred rent 9.6 9.6
Change in other assets and liabilities 8.1 (2.6)
Other, net (3.1) (1.4)
Net cash provided by operating activities of continuing operations 206.4 179.4
Cash flows—investing activities    
Purchases of land, buildings and equipment (106.4) (95.7)
Proceeds from disposal of land, buildings and equipment 0.8 2.9
Purchases of capitalized software and other assets (5.4) (4.9)
Other, net 1.8 1.0
Net cash used in investing activities of continuing operations (109.2) (96.7)
Cash flows—financing activities    
Proceeds from issuance of common stock 33.3 15.8
Dividends paid (93.0) (79.1)
Repurchases of common stock (31.3) (100.2)
Principal payments on capital and financing leases (1.6) (1.0)
Other, net 0.2 0.1
Net cash used in financing activities of continuing operations (92.4) (164.4)
Cash flows—discontinued operations    
Net cash provided by (used in) operating activities of discontinued operations 0.1 (4.6)
Net cash provided by (used in) discontinued operations 0.1 (4.6)
Increase (decrease) in cash and cash equivalents 4.9 (86.3)
Cash and cash equivalents - beginning of period 146.9 233.1
Cash and cash equivalents - end of period 151.8 146.8
Cash flows from changes in current assets and liabilities    
Receivables, net 14.8 18.9
Inventories 10.7 2.6
Prepaid expenses and other current assets (9.8) (8.5)
Accounts payable (21.3) (5.7)
Accrued payroll (39.3) (25.2)
Prepaid/accrued income taxes 0.8 12.9
Other accrued taxes 5.6 7.1
Unearned revenues (35.5) (33.4)
Other current liabilities (5.2) (21.9)
Change in current assets and liabilities $ (79.2) $ (53.2)