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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Nov. 27, 2022
May 29, 2022
Current assets:    
Cash and cash equivalents $ 240.7 $ 420.6
Receivables, net 71.6 72.0
Inventories 296.1 270.6
Prepaid income taxes 115.6 274.8
Prepaid expenses and other current assets 168.1 141.4
Total current assets 892.1 1,179.4
Land, buildings and equipment, net of accumulated depreciation and amortization of $3,289.9 and $3,140.9, respectively 3,558.7 3,356.0
Operating lease right-of-use assets 3,434.8 3,465.1
Goodwill 1,037.4 1,037.4
Trademarks 806.3 806.3
Other assets 296.0 291.6
Total assets 10,025.3 10,135.8
Current liabilities:    
Accounts payable 435.3 366.9
Short-term debt 58.0 0.0
Accrued payroll 137.1 181.5
Accrued income taxes 18.9 32.1
Other accrued taxes 68.3 64.5
Unearned revenues 463.8 498.0
Other current liabilities 725.0 704.5
Total current liabilities 1,906.4 1,847.5
Long-term debt 885.8 901.0
Deferred income taxes 177.5 201.1
Operating lease liabilities - non-current 3,730.5 3,755.8
Other liabilities 1,304.2 1,232.2
Total liabilities 8,004.4 7,937.6
Stockholders’ equity:    
Common stock and surplus 2,214.6 2,226.0
Retained earnings (deficit) (199.7) (25.9)
Accumulated other comprehensive income (loss) 6.0 (1.9)
Total stockholders’ equity 2,020.9 2,198.2
Total liabilities and stockholders’ equity $ 10,025.3 $ 10,135.8