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Consolidated Balance Sheets - USD ($)
$ in Millions
Nov. 25, 2018
May 27, 2018
Current assets:    
Cash and cash equivalents $ 139.7 $ 146.9
Receivables, net 80.5 83.7
Inventories 209.4 205.3
Prepaid income taxes 20.7 15.9
Prepaid expenses and other current assets 99.8 89.9
Assets held for sale 11.1 11.9
Total current assets 561.2 553.6
Land, buildings and equipment, net of accumulated depreciation and amortization of $2,358.6 and $2,231.7, respectively 2,521.1 2,429.8
Goodwill 1,183.7 1,183.7
Trademarks 950.8 950.8
Other assets 332.4 351.7
Total assets 5,549.2 5,469.6
Current liabilities:    
Accounts payable 301.3 277.0
Short-term debt 45.0 0.0
Accrued payroll 139.8 177.5
Accrued income taxes 4.5 0.0
Other accrued taxes 56.8 56.6
Unearned revenues 388.6 415.8
Other current liabilities 449.3 457.6
Total current liabilities 1,385.3 1,384.5
Long-term debt 927.1 926.5
Deferred income taxes 125.1 114.0
Deferred rent 339.2 318.0
Other liabilities 522.2 531.8
Total liabilities 3,298.9 3,274.8
Stockholders’ equity:    
Common stock and surplus 1,675.5 1,631.9
Retained earnings 662.5 657.6
Treasury stock (7.8) (7.8)
Accumulated other comprehensive income (loss) (78.7) (85.2)
Unearned compensation (1.2) (1.7)
Total stockholders’ equity 2,250.3 2,194.8
Total liabilities and stockholders’ equity $ 5,549.2 $ 5,469.6