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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Aug. 24, 2025
May 25, 2025
Current assets:    
Cash and cash equivalents $ 211.0 $ 240.0
Receivables, net 94.1 93.8
Inventories 309.6 311.6
Prepaid income taxes 155.7 135.6
Prepaid expenses and other current assets 162.4 156.7
Total current assets 932.8 937.7
Land, buildings and equipment, net of accumulated depreciation and amortization of $4,180.6 and $4,066.4, respectively 4,826.6 4,716.0
Operating lease right-of-use assets 3,608.0 3,555.9
Goodwill 1,658.2 1,659.4
Trademarks 1,346.4 1,346.4
Other assets 387.6 371.6
Total assets 12,759.6 12,587.0
Current liabilities:    
Accounts payable 468.7 439.6
Short-term debt 142.0 0.0
Accrued payroll 180.0 207.5
Accrued income taxes 1.3 4.7
Other accrued taxes 93.0 83.0
Unearned revenues 562.7 599.4
Other current liabilities 899.1 913.3
Total current liabilities 2,346.8 2,247.5
Long-term debt 2,135.1 2,128.9
Deferred income taxes 333.0 278.8
Operating lease liabilities - non-current 3,878.3 3,816.9
Other liabilities 1,840.8 1,803.6
Total liabilities 10,534.0 10,275.7
Stockholders’ equity:    
Common stock and surplus 2,300.2 2,295.6
Retained earnings (deficit) (100.6) (16.1)
Accumulated other comprehensive income 26.0 31.8
Total stockholders’ equity 2,225.6 2,311.3
Total liabilities and stockholders’ equity $ 12,759.6 $ 12,587.0