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CONSOLIDATED STATEMENTS OF EARNINGS (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Nov. 27, 2022
Nov. 28, 2021
Nov. 27, 2022
Nov. 28, 2021
Sales $ 2,486.5 $ 2,272.2 $ 4,932.6 $ 4,578.2
Costs and expenses:        
Restaurant labor 808.5 744.8 1,602.3 1,480.8
Marketing expenses 31.1 21.9 61.4 45.8
General and administrative expenses 90.4 91.7 178.7 204.7
Depreciation and amortization 96.8 92.1 192.4 181.1
Impairments and disposal of assets, net (8.8) 0.0 (13.7) 0.0
Total operating costs and expenses 2,253.3 2,029.6 4,455.2 4,055.0
Operating income 233.2 242.6 477.4 523.2
Interest, net 19.8 16.7 39.6 32.3
Earnings before income taxes 213.4 225.9 437.8 490.9
Income tax expense 25.9 32.5 56.7 65.8
Earnings from continuing operations 187.5 193.4 381.1 425.1
Losses from discontinued operations, net of tax benefit of $0.3, $0.0, $0.3 and $0.5, respectively (0.3) (0.2) (0.9) (1.0)
Net earnings $ 187.2 $ 193.2 $ 380.2 $ 424.1
Basic net earnings per share:        
Earnings from continuing operations (in dollars per share) $ 1.54 $ 1.50 $ 3.11 $ 3.28
Losses from discontinued operations (in dollars per share) (0.01) 0 (0.01) (0.01)
Net earnings (in dollars per share) 1.53 1.50 3.10 3.27
Diluted net earnings per share:        
Earnings from continuing operations (in dollars per share) 1.52 1.48 3.09 3.24
Losses from discontinued operations (in dollars per share) 0 0 (0.01) (0.01)
Net earnings (in dollars per share) $ 1.52 $ 1.48 $ 3.08 $ 3.23
Average number of common shares outstanding:        
Basic (in shares) 122.1 129.2 122.5 129.8
Diluted (in shares) 123.1 130.5 123.5 131.1
Food and beverage        
Costs and expenses:        
Food and beverage costs and restaurant expenses $ 818.3 $ 694.1 $ 1,613.6 $ 1,379.5
Restaurant expenses        
Costs and expenses:        
Food and beverage costs and restaurant expenses $ 417.0 $ 385.0 $ 820.5 $ 763.1