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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Dec. 01, 2018
Jun. 02, 2018
Current Assets:    
Cash and cash equivalents $ 113.6 $ 203.9
Short-term investments 8.2 8.6
Accounts and notes receivable, net 223.0 217.4
Unbilled accounts receivable 32.4 1.9
Inventories, net 178.5 162.4
Prepaid expenses and other 45.3 51.2
Total current assets 601.0 645.4
Property and equipment, at cost 1,047.3 1,020.8
Less — accumulated depreciation (714.3) (689.4)
Net property and equipment 333.0 331.4
Goodwill 303.9 304.1
Indefinite-lived intangibles 78.1 78.1
Other amortizable intangibles, net 43.9 41.3
Other noncurrent assets 149.8 79.2
Total Assets 1,509.7 1,479.5
Current Liabilities:    
Accounts payable 184.6 171.4
Accrued compensation and benefits 82.0 86.3
Accrued warranty 52.4 51.5
Customer deposits 27.0 27.6
Other accrued liabilities 79.3 77.0
Total current liabilities 425.3 413.8
Long-term debt 281.9 275.0
Pension and post-retirement benefits 13.8 15.6
Other liabilities 82.5 79.8
Total Liabilities 803.5 784.2
Redeemable noncontrolling interests 20.7 30.5
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, 58,902,002 and 59,230,974 shares issued and outstanding in 2019 and 2018, respectively) 11.8 11.7
Additional paid-in capital 94.3 116.6
Retained earnings 650.6 598.3
Accumulated other comprehensive loss (70.8) (61.3)
Key executive deferred compensation plans (0.7) (0.7)
Herman Miller, Inc. Stockholders' Equity 685.2 664.6
Noncontrolling Interests 0.3 0.2
Total Stockholders' Equity 685.5 664.8
Total Liabilities, Redeemable Noncontrolling Interests, and Stockholders' Equity $ 1,509.7 $ 1,479.5