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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Aug. 27, 2023
May 28, 2023
Current assets:    
Cash and cash equivalents $ 192.1 $ 367.8
Receivables, net 59.2 80.2
Inventories 287.0 287.9
Prepaid income taxes 98.8 107.3
Prepaid expenses and other current assets 198.6 154.5
Total current assets 835.7 997.7
Land, buildings and equipment, net of accumulated depreciation and amortization of $3,506.2 and $3,422.0, respectively 3,991.7 3,725.1
Operating lease right-of-use assets 3,600.3 3,373.9
Goodwill 1,376.9 1,037.4
Trademarks 1,148.0 806.3
Other assets 316.6 301.1
Total assets 11,269.2 10,241.5
Current liabilities:    
Accounts payable 419.6 426.2
Short-term debt 95.4 0.0
Accrued payroll 168.6 173.0
Accrued income taxes 8.5 7.8
Other accrued taxes 74.3 65.9
Unearned revenues 541.7 512.0
Other current liabilities 786.1 752.5
Total current liabilities 2,094.2 1,937.4
Long-term debt 1,477.1 884.9
Deferred income taxes 231.4 142.2
Operating lease liabilities - non-current 3,877.5 3,667.6
Other liabilities 1,441.0 1,407.9
Total liabilities 9,121.2 8,040.0
Stockholders’ equity:    
Common stock and surplus 2,256.8 2,230.8
Retained earnings (deficit) (124.8) (32.5)
Accumulated other comprehensive income (loss) 16.0 3.2
Total stockholders’ equity 2,148.0 2,201.5
Total liabilities and stockholders’ equity $ 11,269.2 $ 10,241.5