Additional Financial Information (Tables)

6 Months Ended

Nov. 26, 2023

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Schedule of Supplemental Balance Sheet Information

The components of lease assets and liabilities on the consolidated balance sheet were as follows:

(in millions)	Balance Sheet Classification	November 26, 2023		May 28, 2023
Operating lease right-of-use assets	Operating lease right-of-use assets	$	3,539.7	$	3,373.9
Finance lease right-of-use assets	Land, buildings and equipment, net	1,027.1		958.1
Total lease assets, net		$	4,566.8	$	4,332.0
Operating lease liabilities - current	Other current liabilities	$	196.0	$	182.5
Finance lease liabilities - current	Other current liabilities	14.4		13.5
Operating lease liabilities - non-current	Operating lease liabilities - non-current	3,815.3		3,667.6
Finance lease liabilities - non-current	Other liabilities	1,258.1		1,172.6
Total lease liabilities		$	5,283.8	$	5,036.2

Schedule of Supplemental Cash Flow Information

Cash paid for interest and income taxes were as follows:	Six Months Ended
(in millions)	November 26, 2023		November 27, 2022
Interest, net of amounts capitalized	$	63.4	$	38.1
Income taxes, net of refunds	63.4		(68.2)

Non-cash investing and financing activities were as follows:	Six Months Ended
(in millions)	November 26, 2023		November 27, 2022
Increase in land, buildings and equipment through accrued purchases	$	60.5	$	79.2
Right-of-use assets obtained in exchange for new operating lease liabilities (1)	315.5		69.1
Right-of-use assets obtained in exchange for new finance lease liabilities	55.7		41.5
Net change in right-of-use assets mainly due to lease modifications resulting in reclassification of leases from operating to finance	5.8		37.4

(1) Right-of-use assets obtained in fiscal 2024 includes $299.5 million from the acquisition of Ruth’s Chris.