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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Nov. 24, 2024
May 26, 2024
Current assets:    
Cash and cash equivalents $ 217.3 $ 194.8
Receivables, net 77.8 79.1
Inventories 318.0 290.5
Prepaid income taxes 115.0 121.7
Prepaid expenses and other current assets 151.5 136.7
Total current assets 879.6 822.8
Land, buildings and equipment, net of accumulated depreciation and amortization of $3,937.7 and $3,759.9, respectively 4,591.0 4,184.3
Operating lease right-of-use assets 3,678.2 3,429.3
Goodwill 1,653.9 1,391.0
Trademarks 1,346.4 1,148.0
Other assets 370.1 347.6
Total assets 12,519.2 11,323.0
Current liabilities:    
Accounts payable 408.5 399.5
Short-term debt 275.2 86.8
Accrued payroll 192.7 190.1
Accrued income taxes 2.0 6.1
Other accrued taxes 80.9 71.0
Unearned revenues 552.0 591.8
Other current liabilities 889.7 847.2
Total current liabilities 2,401.0 2,192.5
Long-term debt 2,121.7 1,370.4
Deferred income taxes 291.8 232.0
Operating lease liabilities - non-current 3,939.1 3,704.7
Other liabilities 1,694.7 1,580.9
Total liabilities 10,448.3 9,080.5
Stockholders’ equity:    
Common stock and surplus 2,261.0 2,252.4
Retained earnings (deficit) (218.9) (35.5)
Accumulated other comprehensive income 28.8 25.6
Total stockholders’ equity 2,070.9 2,242.5
Total liabilities and stockholders’ equity $ 12,519.2 $ 11,323.0