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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Feb. 24, 2019
Feb. 25, 2018
Cash flows—operating activities    
Net earnings $ 505.4 $ 421.5
Losses from discontinued operations, net of tax 4.5 6.9
Adjustments to reconcile net earnings from continuing operations to cash flows:    
Depreciation and amortization 248.8 234.1
Impairments and disposal of assets, net 4.4 (1.1)
Stock-based compensation expense 45.3 32.2
Change in current assets and liabilities 59.3 13.9
Contributions to pension and postretirement plans (1.3) (61.6)
Deferred income taxes 15.9 (29.0)
Change in deferred rent 26.5 27.8
Change in other assets and liabilities 5.7 11.0
Loss on extinguishment of debt 0.0 102.2
Other, net 5.5 (6.9)
Net cash provided by operating activities of continuing operations 920.0 751.0
Cash flows—investing activities    
Purchases of land, buildings and equipment (346.9) (294.9)
Proceeds from disposal of land, buildings and equipment 12.7 3.3
Cash used in business acquisitions, net of cash acquired 0.0 (40.4)
Purchases of capitalized software and other assets (17.4) (14.7)
Other, net 1.9 4.4
Net cash used in investing activities of continuing operations (349.7) (342.3)
Cash flows—financing activities    
Proceeds from issuance of common stock 45.4 35.5
Dividends paid (278.4) (234.9)
Repurchases of common stock (166.0) (207.6)
Proceeds from issuance of short-term debt 137.5 812.2
Repayments of short-term debt (137.5) (761.6)
Repayments of long-term debt 0.0 (408.2)
Proceeds from issuance of long-term debt 0.0 300.0
Principal payments on capital and financing leases (4.9) (3.9)
Other, net 0.1 (11.5)
Net cash used in financing activities of continuing operations (403.8) (480.0)
Cash flows—discontinued operations    
Net cash used in operating activities of discontinued operations (10.5) (15.2)
Net cash provided by investing activities of discontinued operations 0.0 0.2
Net cash used in discontinued operations (10.5) (15.0)
Increase (decrease) in cash and cash equivalents 156.0 (86.3)
Cash and cash equivalents - beginning of period 146.9 233.1
Cash and cash equivalents - end of period 302.9 146.8
Cash flows from changes in current assets and liabilities    
Receivables, net 16.5 25.8
Inventories (4.2) (29.1)
Prepaid expenses and other current assets (5.8) (12.9)
Accounts payable 26.3 28.9
Accrued payroll (14.2) 5.7
Prepaid/accrued income taxes 17.9 (56.8)
Other accrued taxes (6.1) (1.9)
Unearned revenues 54.6 74.0
Other current liabilities (25.7) (19.8)
Change in current assets and liabilities $ 59.3 $ 13.9