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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Feb. 27, 2016
May. 30, 2015
Current Assets:    
Cash and cash equivalents $ 55.3 $ 63.7
Marketable securities 7.3 5.7
Accounts and notes receivable, net 183.9 189.6
Inventories, net 135.3 129.6
Prepaid expenses and other 53.6 74.9
Total current assets 435.4 463.5
Property and equipment, at cost 908.2 868.6
Less — accumulated depreciation (642.8) (619.1)
Net property and equipment 265.4 249.5
Goodwill 305.6 303.1
Indefinite-lived intangibles 85.2 85.2
Other amortizable intangibles, net 52.1 52.3
Other noncurrent assets 44.9 39.1
Total Assets 1,188.6 1,192.7
Current Liabilities:    
Accounts payable 143.5 164.7
Accrued compensation and benefits 88.1 66.6
Accrued warranty 41.6 39.3
Other accrued liabilities 86.4 92.8
Total current liabilities 359.6 363.4
Long-term debt 240.2 289.8
Pension and post-retirement benefits 23.8 27.8
Other liabilities 44.6 61.0
Total Liabilities 668.2 742.0
Redeemable noncontrolling interests 27.6 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, 59,888,961 and 59,694,611 shares issued and outstanding in 2016 and 2015, respectively) 12.0 11.9
Additional paid-in capital 142.8 135.1
Retained earnings 403.0 330.2
Accumulated other comprehensive loss (64.7) (56.2)
Key executive deferred compensation plans (1.1) (1.2)
Herman Miller, Inc. Stockholders' Equity 492.0 419.8
Noncontrolling Interests 0.8 0.5
Total Stockholders' Equity 492.8 420.3
Total Liabilities, Redeemable Noncontrolling Interests, and Stockholders' Equity $ 1,188.6 $ 1,192.7