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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
 12 Months Ended
May 25, 2025
Accounting Policies [Abstract]  
Schedule of Cash and Cash Equivalents
The components of cash and cash equivalents are as follows:
(in millions)May 25, 2025May 26, 2024
Short-term investments$21.3 $2.8 
Credit card receivables176.8 153.0 
Depository accounts41.9 39.0 
Total cash and cash equivalents$240.0 $194.8 
Schedule of Depreciation And Amortization Expense From Continuing Operations Depreciation and amortization expense from continuing operations associated with buildings and equipment and losses on replacement of equipment were as follows:
Fiscal Year Ended
(in millions)May 25, 2025May 26, 2024May 28, 2023
Depreciation and amortization on buildings and equipment$496.1 $435.1 $367.4 
Losses on replacement of equipment3.9 3.0 2.2 
Schedule of Capitalized Software Costs And Related Accumulated Amortization The cost of capitalized software and related accumulated amortization was as follows:
(in millions)May 25, 2025May 26, 2024
Capitalized software$314.8 $292.2 
Accumulated amortization(231.8)(216.5)
Capitalized software, net of accumulated amortization$83.0 $75.7 
Schedule of Costs And Accumulated Amortization Of Acquired Definite-Lived Intangible Assets The cost and related accumulated amortization was as follows:
(in millions)May 25, 2025May 26, 2024
Definite-lived intangible assets$30.7 $30.7 
Accumulated amortization(16.4)(14.5)
Definite-lived intangible assets, net of accumulated amortization$14.3 $16.2 
Definite-lived intangible liabilities$(3.0)$(3.0)
Accumulated amortization2.4 2.1 
Definite-lived intangible liabilities, net of accumulated amortization$(0.6)$(0.9)
Schedule of Amortization Expense Associated With Capitalized Software And Other Definite Lived Intangibles
Amortization expense from continuing operations associated with capitalized software and other definite-lived intangibles included in depreciation and amortization in our accompanying consolidated statements of earnings was as follows:
Fiscal Year Ended
(in millions)May 25, 2025May 26, 2024May 28, 2023
Amortization expense - capitalized software$18.2 $22.9 $18.6 
Amortization expense - other definite-lived intangibles1.8 1.9 1.8 
Schedule of Goodwill And Trademark Balances
Our goodwill and trademark balances are allocated as follows:
GoodwillTrademarks
(in millions)May 25, 2025May 26, 2024May 25, 2025May 26, 2024
Olive Garden $30.2 $30.2 $0.7 $0.7 
LongHorn Steakhouse49.3 49.3 307.8 307.8 
Cheddar’s Scratch Kitchen165.1 165.1 230.1 230.1 
Chuy’s268.4 — 198.4 — 
Yard House369.2 369.2 109.3 109.3 
Ruth’s Chris353.6 353.6 341.7 341.7 
The Capital Grille401.6 401.6 147.4 147.4 
Seasons 52— — 0.5 0.5 
Eddie V’s22.0 22.0 10.5 10.5 
Total$1,659.4 $1,391.0 $1,346.4 $1,148.0 
Schedule of Basic And Diluted Earnings Per Common Share
The following table presents the computation of basic and diluted net earnings per common share:
Fiscal Year Ended
(in millions, except per share data)May 25, 2025May 26, 2024May 28, 2023
Earnings from continuing operations$1,051.0 $1,030.5 $983.5 
Losses from discontinued operations(1.4)(2.9)(1.6)
Net earnings$1,049.6 $1,027.6 $981.9 
Weighted average common shares outstanding – Basic117.5 119.9 121.9 
Effect of dilutive stock-based compensation0.9 0.9 1.0 
Weighted average common shares outstanding – Diluted118.4 120.8 122.9 
Basic net earnings per share:
Earnings from continuing operations$8.94 $8.59 $8.07 
Losses from discontinued operations(0.01)(0.02)(0.01)
Net earnings$8.93 $8.57 $8.06 
Diluted net earnings per share:
Earnings from continuing operations$8.88 $8.53 $8.00 
Losses from discontinued operations(0.02)(0.02)(0.01)
Net earnings$8.86 $8.51 $7.99 
Schedule of Restricted Stock And Options To Purchase Shares Of Common Stock Excluded From Calculation Of Diluted Earnings Per Share
Stock options, restricted stock units and equity-settled performance stock units excluded from the calculation of diluted net earnings per share because the effect would have been anti-dilutive, are as follows:
Fiscal Year Ended
(in millions)May 25, 2025May 26, 2024May 28, 2023
Anti-dilutive stock-based compensation awards0.1 0.1 0.3