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Consolidated Balance Sheets - USD ($)
$ in Millions
Feb. 27, 2022
May 30, 2021
Current assets:    
Cash and cash equivalents $ 555.3 $ 1,214.7
Receivables, net 52.6 68.2
Inventories 243.7 190.8
Prepaid income taxes 298.1 337.2
Prepaid expenses and other current assets 130.4 60.2
Total current assets 1,280.1 1,871.1
Land, buildings and equipment, net of accumulated depreciation and amortization of $3,057.8 and $2,843.8, respectively 3,253.9 2,869.2
Operating lease right-of-use assets 3,531.0 3,776.4
Goodwill 1,037.4 1,037.4
Trademarks 806.3 806.3
Other assets 296.7 295.7
Total assets 10,205.4 10,656.1
Current liabilities:    
Accounts payable 350.0 304.5
Accrued payroll 177.5 177.4
Accrued income taxes 4.8 35.9
Other accrued taxes 59.7 60.5
Unearned revenues 537.3 474.2
Other current liabilities 686.6 795.8
Total current liabilities 1,815.9 1,848.3
Long-term debt 916.4 929.8
Deferred income taxes 232.0 221.6
Operating lease liabilities - non-current 3,832.2 4,088.5
Other liabilities 1,123.1 754.8
Total liabilities 7,919.6 7,843.0
Stockholders’ equity:    
Common stock and surplus 2,249.8 2,286.6
Retained earnings 34.0 522.3
Accumulated other comprehensive income (loss) 2.0 4.2
Total stockholders’ equity 2,285.8 2,813.1
Total liabilities and stockholders’ equity $ 10,205.4 $ 10,656.1