v3.26.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
May 31, 2026
May 25, 2025
Current assets:    
Cash and cash equivalents $ 219.5 $ 240.0
Receivables, net 129.9 93.8
Inventories 326.3 311.6
Prepaid income taxes 139.8 135.6
Prepaid expenses and other current assets 127.4 156.7
Total current assets 942.9 937.7
Land, buildings and equipment, net 5,048.6 4,716.0
Operating lease right-of-use assets 3,433.1 3,555.9
Goodwill 1,658.2 1,659.4
Trademarks 1,346.4 1,346.4
Other assets 433.2 371.6
Total assets 12,862.4 12,587.0
Current liabilities:    
Accounts payable 427.7 439.6
Short-term debt and current portion of long-term debt 693.6 0.0
Accrued payroll 236.1 207.5
Accrued taxes 87.0 87.7
Unearned revenues 606.0 599.4
Other current liabilities 955.0 913.3
Total current liabilities 3,005.4 2,247.5
Long-term debt 1,637.7 2,128.9
Deferred income taxes 343.6 278.8
Operating lease liabilities - non-current 3,722.3 3,816.9
Other liabilities 1,945.9 1,803.6
Total liabilities 10,654.9 10,275.7
Stockholders’ equity:    
Common stock and surplus, no par value. Authorized 500.0 shares; issued 114.1 and 117.0 shares, respectively; outstanding 114.1 and 117.0 shares, respectively 2,296.3 2,295.6
Preferred stock, no par value. Authorized 25.0 shares; none issued and outstanding 0.0 0.0
Retained earnings (deficit) (108.4) (16.1)
Accumulated other comprehensive income 19.6 31.8
Total stockholders’ equity 2,207.5 2,311.3
Total liabilities and stockholders’ equity $ 12,862.4 $ 12,587.0