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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Feb. 26, 2023
May 29, 2022
Current assets:    
Cash and cash equivalents $ 275.3 $ 420.6
Receivables, net 57.6 72.0
Inventories 305.9 270.6
Prepaid income taxes 86.2 274.8
Prepaid expenses and other current assets 165.9 141.4
Total current assets 890.9 1,179.4
Land, buildings and equipment, net of accumulated depreciation and amortization of $3,356.6 and $3,140.9, respectively 3,611.1 3,356.0
Operating lease right-of-use assets 3,435.5 3,465.1
Goodwill 1,037.4 1,037.4
Trademarks 806.3 806.3
Other assets 294.2 291.6
Total assets 10,075.4 10,135.8
Current liabilities:    
Accounts payable 423.8 366.9
Accrued payroll 167.9 181.5
Accrued income taxes 23.5 32.1
Other accrued taxes 64.6 64.5
Unearned revenues 548.0 498.0
Other current liabilities 722.6 704.5
Total current liabilities 1,950.4 1,847.5
Long-term debt 880.9 901.0
Deferred income taxes 146.1 201.1
Operating lease liabilities - non-current 3,738.5 3,755.8
Other liabilities 1,315.6 1,232.2
Total liabilities 8,031.5 7,937.6
Stockholders’ equity:    
Common stock and surplus 2,213.2 2,226.0
Retained earnings (deficit) (169.4) (25.9)
Accumulated other comprehensive income (loss) 0.1 (1.9)
Total stockholders’ equity 2,043.9 2,198.2
Total liabilities and stockholders’ equity $ 10,075.4 $ 10,135.8