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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Feb. 25, 2024
May 28, 2023
Current assets:    
Cash and cash equivalents $ 243.9 $ 367.8
Receivables, net 72.2 80.2
Inventories 298.2 287.9
Prepaid income taxes 122.6 107.3
Prepaid expenses and other current assets 139.5 154.5
Total current assets 876.4 997.7
Land, buildings and equipment, net of accumulated depreciation and amortization of $3,667.8 and $3,422.0, respectively 4,101.9 3,725.1
Operating lease right-of-use assets 3,494.3 3,373.9
Goodwill 1,397.8 1,037.4
Trademarks 1,148.0 806.3
Other assets 339.8 301.1
Total assets 11,358.2 10,241.5
Current liabilities:    
Accounts payable 406.0 426.2
Short-term debt 158.7 0.0
Accrued payroll 195.6 173.0
Accrued income taxes 8.5 7.8
Other accrued taxes 69.0 65.9
Unearned revenues 626.0 512.0
Other current liabilities 808.6 752.5
Total current liabilities 2,272.4 1,937.4
Long-term debt 1,372.8 884.9
Deferred income taxes 240.9 142.2
Operating lease liabilities - non-current 3,774.4 3,667.6
Other liabilities 1,516.8 1,407.9
Total liabilities 9,177.3 8,040.0
Stockholders’ equity:    
Common stock and surplus 2,252.8 2,230.8
Retained earnings (deficit) (101.6) (32.5)
Accumulated other comprehensive income 29.7 3.2
Total stockholders’ equity 2,180.9 2,201.5
Total liabilities and stockholders’ equity $ 11,358.2 $ 10,241.5