v3.26.1
ACQUISITION OF CHUY’S (Tables)
12 Months Ended
May 31, 2026
Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]  
Schedule of Preliminary Allocation of the Purchase Price The final allocation of the purchase price as of fiscal year ended May 31, 2026 is as follows:
Balances atFiscal 2026 AdjustmentsBalances at
(in millions)May 25, 2025May 31, 2026
Cash and cash equivalents$35.4 $— $35.4 
Other current assets10.5 — 10.5 
Land, buildings and equipment197.3 — 197.3 
Operating lease right-of-use assets331.9 — 331.9 
Trademark198.4 — 198.4 
Other assets6.1 — 6.1 
Goodwill268.4 (1.2)267.2 
     Total assets acquired$1,048.0 $(1.2)$1,046.8 
Current liabilities34.4 (0.4)34.0 
Deferred income taxes42.9 (0.8)42.1 
Operating lease liabilities - non-current321.6 — 321.6 
     Total liabilities assumed$398.9 $(1.2)$397.7 
Net assets acquired$649.1 $— $649.1