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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Aug. 29, 2020
May 30, 2020
Current Assets:    
Cash and cash equivalents $ 296.6 $ 454.0
Short-term investments 7.0 7.0
Accounts receivable, allowance 5.3 4.7
Accounts receivable, net 195.3 180.0
Unbilled accounts receivable 28.4 19.5
Inventories, net 186.5 197.3
Prepaid expenses 29.1 43.3
Other current assets 14.6 16.0
Total current assets 757.5 917.1
Property and equipment, at cost 1,111.2 1,111.3
Less — accumulated depreciation (783.5) (780.5)
Net property and equipment 327.7 330.8
Right of use assets 197.8 193.9
Goodwill 358.6 346.0
Indefinite-lived intangibles 96.2 92.8
Other amortizable intangibles, accumulated amortization 67.0 62.7
Other amortizable intangibles, net 115.8 112.4
Other noncurrent assets 63.5 60.9
Total Assets 1,917.1 2,053.9
Current Liabilities:    
Accounts payable 159.5 128.8
Short-term borrowings and current portion of long-term debt 52.4 51.4
Accrued compensation and benefits 56.6 71.1
Accrued warranty 16.2 16.1
Customer deposits 36.2 39.8
Other accrued liabilities 156.6 163.0
Total current liabilities 477.5 470.2
Long-term debt 274.9 539.9
Pension and post-retirement benefits 43.4 42.4
Lease liabilities 178.7 178.8
Other liabilities 139.0 129.2
Total Liabilities 1,113.5 $ 1,360.5
Redeemable noncontrolling interests $ 57.2  
Stockholders' Equity:    
Preferred stock, par value $ 0 $ 0
Preferred stock, shares authorized 10,000,000 10,000,000
Preferred stock, shares issued 0 0
Preferred stock $ 0.0 $ 0.0
Common stock, par value $ 0.20 $ 0.20
Common stock, shares authorized 240,000,000 240,000,000
Common stock, shares issued and outstanding 58,899,500 58,793,275
Common stock $ 11.8 $ 11.8
Additional paid-in capital 83.1 81.6
Retained earnings 756.9 683.9
Accumulated other comprehensive loss (105.1) (134.0)
Deferred compensation plan (0.3) (0.3)
Total Stockholders' Equity 746.4 643.0
Total Liabilities, Redeemable Noncontrolling Interests, and Stockholders' Equity $ 1,917.1 $ 2,053.9