Additional Financial Information (Tables)

3 Months Ended

Aug. 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	August 25, 2024		May 26, 2024
Operating lease right-of-use assets	Operating lease right-of-use assets	$	3,365.5	$	3,429.3
Finance lease right-of-use assets	Land, buildings and equipment, net	1,160.1		1,106.3
Total lease assets, net		$	4,525.6	$	4,535.6
Operating lease liabilities - current	Other current liabilities	$	200.6	$	198.8
Finance lease liabilities - current	Other current liabilities	16.2		15.3
Operating lease liabilities - non-current	Operating lease liabilities - non-current	3,636.8		3,704.7
Finance lease liabilities - non-current	Other liabilities	1,423.9		1,357.1
Total lease liabilities		$	5,277.5	$	5,275.9

Schedule of Supplemental Cash Flow Information

Cash paid for interest and income taxes were as follows:	Three Months Ended
(in millions)	August 25, 2024		August 27, 2023
Interest, net of amounts capitalized	$	36.3	$	34.3
Income taxes, net of refunds	4.6		2.0

Non-cash investing and financing activities were as follows:	Three Months Ended
(in millions)	August 25, 2024		August 27, 2023
Increase in land, buildings and equipment through accrued purchases	$	33.8	$	64.0
Right-of-use assets obtained in exchange for new operating lease liabilities(1)	7.1		298.0
Right-of-use assets obtained in exchange for new finance lease liabilities	35.8		45.3
Net change in right-of-use assets mainly due to lease modifications resulting in reclassification of leases from operating to finance	19.9		2.1

(1) Right-of-use assets obtained in fiscal 2024 includes $291.6 million from the acquisition of Ruth’s Chris.