CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Nov. 23, 2025	May 25, 2025
Current assets:
Cash and cash equivalents	$ 224.1	$ 240.0
Receivables, net	126.1	93.8
Inventories	354.5	311.6
Prepaid income taxes	186.0	135.6
Prepaid expenses and other current assets	152.7	156.7
Total current assets	1,043.4	937.7
Land, buildings and equipment, net of accumulated depreciation and amortization of $4,295.2 and $4,066.4, respectively	4,943.6	4,716.0
Operating lease right-of-use assets	3,560.7	3,555.9
Goodwill	1,658.2	1,659.4
Trademarks	1,346.4	1,346.4
Other assets	387.9	371.6
Total assets	12,940.2	12,587.0
Current liabilities:
Accounts payable	460.8	439.6
Short-term debt	438.0	0.0
Accrued payroll	188.3	207.5
Accrued income taxes	1.3	4.7
Other accrued taxes	93.2	83.0
Unearned revenues	567.0	599.4
Other current liabilities	901.9	913.3
Total current liabilities	2,650.5	2,247.5
Long-term debt	2,139.1	2,128.9
Deferred income taxes	352.4	278.8
Operating lease liabilities - non-current	3,829.7	3,816.9
Other liabilities	1,888.1	1,803.6
Total liabilities	10,859.8	10,275.7
Stockholders’ equity:
Common stock and surplus	2,298.4	2,295.6
Retained earnings (deficit)	(235.7)	(16.1)
Accumulated other comprehensive income	17.7	31.8
Total stockholders’ equity	2,080.4	2,311.3
Total liabilities and stockholders’ equity	$ 12,940.2	$ 12,587.0