Additional Financial Information (Tables)

9 Months Ended

Feb. 25, 2024

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	February 25, 2024		May 28, 2023
Operating lease right-of-use assets	Operating lease right-of-use assets	$	3,494.3	$	3,373.9
Finance lease right-of-use assets	Land, buildings and equipment, net	1,053.5		958.1
Total lease assets, net		$	4,547.8	$	4,332.0
Operating lease liabilities - current	Other current liabilities	$	192.6	$	182.5
Finance lease liabilities - current	Other current liabilities	13.8		13.5
Operating lease liabilities - non-current	Operating lease liabilities - non-current	3,774.4		3,667.6
Finance lease liabilities - non-current	Other liabilities	1,294.7		1,172.6
Total lease liabilities		$	5,275.5	$	5,036.2

Schedule of Supplemental Cash Flow Information

Cash paid for interest and income taxes were as follows:	Nine Months Ended
(in millions)	February 25, 2024		February 26, 2023
Interest, net of amounts capitalized	$	97.6	$	64.3
Income taxes, net of refunds	86.6		(29.5)

Non-cash investing and financing activities were as follows:	Nine Months Ended
(in millions)	February 25, 2024		February 26, 2023
Increase in land, buildings and equipment through accrued purchases	$	44.8	$	82.1
Right-of-use assets obtained in exchange for new operating lease liabilities (1)	333.2		131.5
Right-of-use assets obtained in exchange for new finance lease liabilities	70.2		41.5
Net change in right-of-use assets mainly due to lease modifications resulting in reclassification of leases from operating to finance	23.2		53.1

(1) Right-of-use assets obtained in fiscal 2024 includes $301.6 million from the acquisition of Ruth’s Chris.