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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Mar. 03, 2018
Jun. 03, 2017
Current Assets:    
Cash and cash equivalents $ 193.0 $ 96.2
Marketable securities 8.4 8.6
Accounts and notes receivable, net 191.6 186.6
Inventories, net 169.4 152.4
Prepaid expenses and other 46.3 48.1
Total current assets 608.7 491.9
Property and equipment, at cost 1,020.6 968.7
Less — accumulated depreciation (690.6) (654.1)
Net property and equipment 330.0 314.6
Goodwill 304.4 304.5
Indefinite-lived intangibles 78.1 78.1
Other amortizable intangibles, net 41.4 45.4
Other noncurrent assets 79.1 71.8
Total Assets 1,441.7 1,306.3
Current Liabilities:    
Accounts payable 160.9 148.4
Accrued compensation and benefits 70.7 79.7
Accrued warranty 52.9 47.7
Other accrued liabilities 98.8 109.9
Total current liabilities 383.3 385.7
Long-term debt 275.0 199.9
Pension and post-retirement benefits 25.4 38.5
Other liabilities 76.4 69.9
Total Liabilities 760.1 694.0
Redeemable noncontrolling interests 24.3 24.6
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, 59,683,286 and 59,715,824 shares issued and outstanding in 2018 and 2017, respectively) 11.8 11.9
Additional paid-in capital 129.4 139.3
Retained earnings 583.0 519.5
Accumulated other comprehensive loss (66.4) (82.2)
Key executive deferred compensation plans (0.7) (1.0)
Herman Miller, Inc. Stockholders' Equity 657.1 587.5
Noncontrolling Interests 0.2 0.2
Total Stockholders' Equity 657.3 587.7
Total Liabilities, Redeemable Noncontrolling Interests, and Stockholders' Equity $ 1,441.7 $ 1,306.3