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Consolidated Balance Sheets - USD ($)
$ in Millions
Nov. 24, 2019
May 26, 2019
Current assets:    
Cash and cash equivalents $ 157.3 $ 457.3
Receivables, net 56.8 88.3
Inventories 212.2 207.3
Prepaid income taxes 42.9 41.6
Prepaid expenses and other current assets 66.3 98.1
Total current assets 535.5 892.6
Land, buildings and equipment, net 2,730.6 2,552.6
Operating lease right-of-use assets 4,029.0 0.0
Goodwill 1,199.4 1,183.7
Trademarks 950.8 950.8
Other assets 297.4 313.1
Total assets 9,742.7 5,892.8
Current liabilities:    
Accounts payable 340.2 332.6
Accrued payroll 137.1 175.3
Accrued income taxes 11.0 11.6
Other accrued taxes 60.8 54.2
Unearned revenues 390.3 428.5
Other current liabilities 618.1 471.9
Total current liabilities 1,557.5 1,474.1
Long-term debt 928.2 927.7
Deferred income taxes 182.1 156.9
Operating lease liabilities - non-current 4,306.2  
Deferred rent   354.4
Other liabilities 495.0 587.1
Total liabilities 7,469.0 3,500.2
Stockholders’ equity:    
Common stock and surplus 1,690.0 1,685.0
Retained earnings 584.5 806.6
Accumulated other comprehensive income (loss) (0.5) (98.2)
Unearned compensation (0.3) (0.8)
Total stockholders’ equity 2,273.7 2,392.6
Total liabilities and stockholders’ equity $ 9,742.7 $ 5,892.8