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Consolidated Statements of Earnings - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Feb. 24, 2019
Feb. 25, 2018
Feb. 24, 2019
Feb. 25, 2018
Sales $ 2,246.5 $ 2,128.4 $ 6,281.3 $ 5,946.0
Costs and expenses:        
Restaurant labor 711.4 683.0 2,053.1 1,929.6
Marketing expenses 62.4 58.9 186.9 183.0
General and administrative expenses 102.8 110.1 302.4 307.0
Depreciation and amortization 85.3 79.2 248.8 234.1
Impairments and disposal of assets, net 1.6 (0.3) 4.4 (1.1)
Total operating costs and expenses 1,981.0 1,895.0 5,678.6 5,409.2
Operating income 265.5 233.4 602.7 536.8
Interest, net 12.4 117.4 38.3 147.9
Earnings before income taxes 253.1 116.0 564.4 388.9
Income tax expense (benefit) 28.0 (102.5) 54.5 (39.5)
Earnings from continuing operations 225.1 218.5 509.9 428.4
Losses from discontinued operations, net of tax benefit of $0.8, $0.5, $1.3 and $4.0, respectively (1.5) (0.7) (4.5) (6.9)
Net earnings $ 223.6 $ 217.8 $ 505.4 $ 421.5
Basic net earnings per share:        
Earnings from continuing operations (in dollars per share) $ 1.83 $ 1.77 $ 4.12 $ 3.45
Earnings (loss) from discontinued operations (in dollars per share) (0.02) (0.01) (0.03) (0.06)
Net earnings (in dollars per share) 1.81 1.76 4.09 3.39
Diluted net earnings per share:        
Earnings from continuing operations (in dollars per share) 1.80 1.74 4.06 3.40
Earnings (loss) from discontinued operations (in dollars per share) (0.01) (0.01) (0.04) (0.06)
Net earnings (in dollars per share) $ 1.79 $ 1.73 $ 4.02 $ 3.34
Average number of common shares outstanding:        
Basic (in shares) 123.3 123.6 123.7 124.2
Diluted (in shares) 125.0 125.7 125.6 126.1
Food and beverage        
Costs and expenses:        
Food and beverage costs and restaurant expenses $ 638.0 $ 603.3 $ 1,784.6 $ 1,701.4
Restaurant expenses        
Costs and expenses:        
Food and beverage costs and restaurant expenses $ 379.5 $ 360.8 $ 1,098.4 $ 1,055.2