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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
May 26, 2024
May 28, 2023
Current assets:    
Cash and cash equivalents $ 194.8 $ 367.8
Receivables, net 79.1 80.2
Inventories 290.5 287.9
Prepaid income taxes 121.7 107.3
Prepaid expenses and other current assets 136.7 154.5
Total current assets 822.8 997.7
Land, buildings and equipment, net 4,184.3 3,725.1
Operating lease right-of-use assets 3,429.3 3,373.9
Goodwill 1,391.0 1,037.4
Trademarks 1,148.0 806.3
Other assets 347.6 301.1
Total assets 11,323.0 10,241.5
Current liabilities:    
Accounts payable 399.5 426.2
Short-term debt 86.8 0.0
Accrued payroll 190.1 173.0
Accrued income taxes 6.1 7.8
Other accrued taxes 71.0 65.9
Unearned revenues 591.8 512.0
Other current liabilities 847.2 752.5
Total current liabilities 2,192.5 1,937.4
Long-term debt 1,370.4 884.9
Deferred income taxes 232.0 142.2
Operating lease liabilities - non-current 3,704.7 3,667.6
Other liabilities 1,580.9 1,407.9
Total liabilities 9,080.5 8,040.0
Stockholders’ equity:    
Common stock and surplus, no par value. Authorized 500.0 shares; issued 118.9 and 121.1 shares, respectively; outstanding 118.9 and 121.1 shares, respectively 2,252.4 2,230.8
Preferred stock, no par value. Authorized 25.0 shares; none issued and outstanding 0.0 0.0
Retained earnings (deficit) (35.5) (32.5)
Accumulated other comprehensive income 25.6 3.2
Total stockholders’ equity 2,242.5 2,201.5
Total liabilities and stockholders’ equity $ 11,323.0 $ 10,241.5