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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Nov. 28, 2015
May. 30, 2015
Current Assets:    
Cash and cash equivalents $ 54.7 $ 63.7
Marketable securities 5.4 5.7
Accounts and notes receivable, net 218.1 189.6
Inventories, net 131.7 129.6
Prepaid expenses and other 45.2 74.9
Total current assets 455.1 463.5
Property and equipment, at cost 893.4 868.6
Less — accumulated depreciation (637.3) (619.1)
Net property and equipment 256.1 249.5
Goodwill 306.1 303.1
Indefinite-lived intangibles 85.2 85.2
Other amortizable intangibles, net 52.7 52.3
Other noncurrent assets 48.8 39.1
Total Assets 1,204.0 1,192.7
Current Liabilities:    
Accounts payable 155.2 164.7
Accrued compensation and benefits 73.3 66.6
Accrued warranty 40.6 39.3
Other accrued liabilities 101.3 92.8
Total current liabilities 370.4 363.4
Long-term debt 256.8 289.8
Pension and post-retirement benefits 25.8 27.8
Other liabilities 43.8 61.0
Total Liabilities 696.8 742.0
Redeemable noncontrolling interests 31.2 30.4
Stockholders' Equity:    
Preferred stock, no par value (10,000,000 shares authorized, none issued) 0.0 0.0
Common stock, $0.20 par value (240,000,000 shares authorized, 60,005,530 and 59,694,611 shares issued and outstanding in 2016 and 2015, respectively) 12.0 11.9
Additional paid-in capital 143.6 135.1
Retained earnings 380.2 330.2
Accumulated other comprehensive loss (59.3) (56.2)
Key executive deferred compensation plans (1.2) (1.2)
Herman Miller, Inc. Stockholders' Equity 475.3 419.8
Noncontrolling Interests 0.7 0.5
Total Stockholders' Equity 476.0 420.3
Total Liabilities, Redeemable Noncontrolling Interests, and Stockholders' Equity $ 1,204.0 $ 1,192.7