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Additional Financial Information | 6 Months Ended
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Nov. 24, 2024
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 were as follows:
(in millions) |  | Balance Sheet Classification |  | November 24, 2024 |  | May 26, 2024
Operating lease right-of-use assets |  | Operating lease right-of-use assets |  | $ | 3,678.2 |  |  | $ | 3,429.3 |
Finance lease right-of-use assets |  | Land, buildings and equipment, net |  | 1,209.0 |  |  | 1,106.3 |
Total lease assets, net |  |  |  | $ | 4,887.2 |  |  | $ | 4,535.6 |
Operating lease liabilities - current |  | Other current liabilities |  | $ | 212.6 |  |  | $ | 198.8 |
Finance lease liabilities - current |  | Other current liabilities |  | 15.7 |  |  | 15.3 |
Operating lease liabilities - non-current |  | Operating lease liabilities - non-current |  | 3,939.1 |  |  | 3,704.7 |
Finance lease liabilities - non-current |  | Other liabilities |  | 1,484.1 |  |  | 1,357.1 |
Total lease liabilities |  |  |  | $ | 5,651.5 |  |  | $ | 5,275.9 |
Supplemental Cash Flow Information
Cash paid for interest and income taxes were as follows: |  | Six Months Ended
(in millions) |  | November 24, 2024 |  | November 26, 2023
Interest, net of amounts capitalized |  | $ | 79.7 |  |  | $ | 63.4 |
Income taxes, net of refunds |  | 28.8 |  |  | 63.4 |
Non-cash investing and financing activities were as follows: |  | Six Months Ended
(in millions) |  | November 24, 2024 |  | November 26, 2023
Increase in land, buildings and equipment through accrued purchases |  | $ | 39.6 |  |  | $ | 60.5 |
Right-of-use assets obtained in exchange for new operating lease liabilities 1 |  | 349.6 |  |  | 315.5 |
Right-of-use assets obtained in exchange for new finance lease liabilities |  | 85.4 |  |  | 55.7 |
Net change in right-of-use assets mainly due to reclassification between categories upon modification |  | 50.4 |  |  | 5.8 |
1 Fiscal 2025 includes $337.7 million from the acquisition of Chuy’s and fiscal 2024 includes $299.5 million from the acquisition of Ruth’s Chris. We had restricted cash of $24.2 million as of November 24, 2024 and $25.3 million as of May 26, 2024, which represents cash held as security for a standby letter of credit. Restricted cash is included in Prepaid Expenses and Other Current Assets on our consolidated balance sheet. See Note 13, Commitments and Contingencies, for further details around standby letters of credit.

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