v3.22.2.2
Additional Financial Information
 3 Months Ended
Aug. 28, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Additional Financial Information Additional Financial Information
Supplemental Balance Sheet Information
The components of lease assets and liabilities on the consolidated balance sheet are as follows:
(in millions)Balance Sheet ClassificationAugust 28, 2022May 29, 2022
Operating lease right-of-use assetsOperating lease right-of-use assets$3,452.8 $3,465.1 
Finance lease right-of-use assetsLand, buildings and equipment, net898.8 838.1 
Total lease assets, net$4,351.6 $4,303.2 
Operating lease liabilities - currentOther current liabilities$181.1 $185.8 
Finance lease liabilities - currentOther current liabilities17.5 16.6 
Operating lease liabilities - non-currentOperating lease liabilities - non-current3,745.5 3,755.8 
Finance lease liabilities - non-currentOther liabilities1,087.7 1,018.6 
Total lease liabilities$5,031.8 $4,976.8 
Supplemental Cash Flow Information
Cash paid for interest and income taxes are as follows:
Three Months Ended
(in millions)August 28, 2022August 29, 2021
Interest, net of amounts capitalized$21.1 $15.3 
Income taxes, net of refunds(176.7)4.2 
Non-cash investing and financing activities are as follows:
Three Months Ended
(in millions)August 28, 2022August 29, 2021
Increase in land, buildings and equipment through accrued purchases$75.9 $35.0 
Right-of-use assets obtained in exchange for new operating lease liabilities49.6 3.6 
Right-of-use assets obtained in exchange for new finance lease liabilities41.5 67.8 
Net change in right-of-use assets mainly due to lease modifications resulting in reclassification of leases from operating to finance25.3 73.5 
We have restricted cash of $58.4 million and $51.5 million as of August 28, 2022 and May 29, 2022, respectively, which represents cash held as security for a standby letter of credit and cash held in escrow related to the sale of a property. Restricted cash is included in Prepaid Expenses and Other Current Assets on the balance sheet. See Note 12, Commitments and Contingencies, for further details around standby letters of credit.