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Consolidated Statements Of Earnings - USD ($)
shares in Millions, $ in Millions
12 Months Ended
May 26, 2019
May 27, 2018
May 28, 2017
Sales $ 8,510.4 $ 8,080.1 $ 7,170.2
Costs and expenses:      
Restaurant labor 2,771.1 2,614.5 2,265.3
Marketing expenses 255.3 252.3 239.7
General and administrative expenses 405.5 409.8 387.7
Depreciation and amortization 336.7 313.1 272.9
Impairments and disposal of assets, net 19.0 3.4 (8.4)
Total operating costs and expenses 7,677.9 7,313.3 6,492.7
Operating income 832.5 766.8 677.5
Interest, net 50.2 161.1 40.2
Earnings before income taxes 782.3 605.7 637.3
Income tax expense 63.7 1.9 154.8
Earnings from continuing operations 718.6 603.8 482.5
Losses from discontinued operations, net of tax benefit of $1.8, $4.8 and $4.2, respectively (5.2) (7.8) (3.4)
Net earnings $ 713.4 $ 596.0 $ 479.1
Basic net earnings per share:      
Earnings from continuing operations (in dollars per share) $ 5.82 $ 4.87 $ 3.88
Losses from discontinued operations (in dollars per share) (0.04) (0.06) (0.03)
Net earnings (in dollars per share) 5.78 4.81 3.85
Diluted net earnings per share:      
Earnings from continuing operations (in dollars per share) 5.73 4.79 3.83
Losses from discontinued operations (in dollars per share) (0.04) (0.06) (0.03)
Net earnings (in dollars per share) $ 5.69 $ 4.73 $ 3.80
Average number of common shares outstanding:      
Basic (shares) 123.5 124.0 124.3
Diluted (shares) 125.4 126.0 126.0
Food and beverage      
Costs and expenses:      
Costs of goods and services sold $ 2,412.5 $ 2,303.1 $ 2,070.3
Restaurant expenses      
Costs and expenses:      
Costs of goods and services sold $ 1,477.8 $ 1,417.1 $ 1,265.2