v3.26.3
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Aug. 30, 2026
May 31, 2026
ASSETS    
Cash and cash equivalents $ 371.6 $ 218.0
Receivables, less allowance for doubtful accounts of $4.0 and $3.9 677.0 658.2
Inventories 2,154.0 1,905.4
Prepaid expenses and other current assets 143.9 100.5
Current assets held for sale 13.3  
Total current assets 3,359.8 2,882.1
Property, plant and equipment    
Property, plant and equipment 6,830.9 6,843.3
Less accumulated depreciation (4,007.1) (3,980.4)
Property, plant and equipment, net 2,823.8 2,862.9
Goodwill 8,118.9 8,119.3
Brands, trademarks and other intangibles, net 1,819.8 1,830.7
Other assets 1,579.2 1,566.4
Noncurrent assets held for sale   13.0
Assets 17,701.5 17,274.4
Current liabilities    
Notes payable 32.5 34.2
Current installments of long-term debt 787.5 778.2
Accounts and other payables 1,562.6 1,513.3
Accrued payroll 98.8 201.7
Other accrued liabilities 584.0 660.6
Total current liabilities 3,065.4 3,188.0
Senior long-term debt, excluding current installments 6,940.1 6,456.0
Deferred income taxes 712.0 693.4
Other noncurrent liabilities 579.1 579.4
Total liabilities 11,296.6 10,916.8
Common stockholders' equity    
Common stock of $5 par value, authorized 1,200,000,000 shares; issued 584,219,229 2,921.2 2,921.2
Additional paid-in capital 2,262.1 2,316.1
Retained earnings 4,261.1 4,171.7
Accumulated other comprehensive income 6.6 7.4
Less treasury stock, at cost, 106,807,712 and 105,666,163 common shares (3,046.1) (3,058.8)
Total stockholders' equity 6,404.9 6,357.6
Liabilities and Equity $ 17,701.5 $ 17,274.4