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Consolidated Balance Sheets - USD ($)
$ in Millions
Nov. 29, 2020
May 31, 2020
Current assets:    
Cash and cash equivalents $ 777.3 $ 763.3
Receivables, net 46.2 49.8
Inventories 203.0 206.9
Prepaid income taxes 21.8 18.4
Prepaid expenses and other current assets 61.4 63.0
Total current assets 1,109.7 1,101.4
Land, buildings and equipment, net of accumulated depreciation and amortization of $2,719.1 and $2,640.9, respectively 2,776.0 2,756.9
Operating lease right-of-use assets 3,909.8 3,969.2
Goodwill 1,037.4 1,037.4
Trademarks 806.3 805.9
Other assets 288.4 275.3
Total assets 9,927.6 9,946.1
Current liabilities:    
Accounts payable 235.6 249.4
Short-term debt 0.0 270.0
Accrued payroll 130.0 150.0
Accrued income taxes 6.1 6.2
Other accrued taxes 47.6 43.4
Unearned revenues 439.9 467.9
Other current liabilities 686.9 605.9
Total current liabilities 1,546.1 1,792.8
Long-term debt 929.4 928.8
Deferred income taxes 45.1 56.1
Operating lease liabilities - non-current 4,222.8 4,276.3
Other liabilities 729.1 560.9
Total liabilities 7,472.5 7,614.9
Stockholders’ equity:    
Common stock and surplus 2,239.0 2,205.3
Retained earnings 223.2 143.5
Accumulated other comprehensive income (loss) (7.1) (17.6)
Total stockholders’ equity 2,455.1 2,331.2
Total liabilities and stockholders’ equity $ 9,927.6 $ 9,946.1