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Consolidated Balance Sheets - USD ($)
$ in Millions
Feb. 24, 2019
May 27, 2018
Current assets:    
Cash and cash equivalents $ 302.9 $ 146.9
Receivables, net 73.9 83.7
Inventories 209.5 205.3
Prepaid income taxes 5.2 15.9
Prepaid expenses and other current assets 95.7 89.9
Assets held for sale 0.0 11.9
Total current assets 687.2 553.6
Land, buildings and equipment, net of accumulated depreciation and amortization of $2,414.5 and $2,231.7, respectively 2,539.9 2,429.8
Goodwill 1,183.7 1,183.7
Trademarks 950.8 950.8
Other assets 336.2 351.7
Total assets 5,697.8 5,469.6
Current liabilities:    
Accounts payable 303.2 277.0
Accrued payroll 163.3 177.5
Accrued income taxes 7.3 0.0
Other accrued taxes 50.5 56.6
Unearned revenues 471.7 415.8
Other current liabilities 446.9 457.6
Total current liabilities 1,442.9 1,384.5
Long-term debt 927.4 926.5
Deferred income taxes 130.7 114.0
Deferred rent 346.5 318.0
Other liabilities 534.6 531.8
Total liabilities 3,382.1 3,274.8
Stockholders’ equity:    
Common stock and surplus 1,676.8 1,631.9
Retained earnings 728.4 657.6
Treasury stock (7.8) (7.8)
Accumulated other comprehensive income (loss) (81.0) (85.2)
Unearned compensation (0.7) (1.7)
Total stockholders’ equity 2,315.7 2,194.8
Total liabilities and stockholders’ equity $ 5,697.8 $ 5,469.6