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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Aug. 29, 2020
Aug. 31, 2019
Cash Flows from Operating Activities:    
Net earnings $ 73.4 $ 48.0
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 21.2 19.3
Stock-based compensation 1.5 2.6
Restructuring expense (1.2) 1.8
(Increase) decrease in current assets 3.9 1.4
Increase (decrease) in current liabilities 13.3 (18.9)
Increase in non-current liabilities 5.2 0.0
Other, net (1.4) 0.5
Net Cash Provided by Operating Activities 115.9 54.7
Cash Flows from Investing Activities:    
Proceeds from sale of property and dealers 6.4 0.0
Capital expenditures (11.3) (20.6)
Equity investment in non-controlled entities 0.0 (3.1)
Other, net (0.2) (0.3)
Net Cash Used in Investing Activities (5.1) (24.0)
Cash Flows from Financing Activities:    
Repayments of credit facility (265.0) 0.0
Dividends paid (12.3) (11.6)
Common stock issued 0.8 12.7
Common stock repurchased and retired (0.9) (7.6)
Purchase of redeemable noncontrolling interests 0.0 (19.8)
Other, net 0.9 (1.6)
Net Cash Used in Financing Activities (276.5) (27.9)
Effect of Exchange Rate Changes on Cash and Cash Equivalents 8.3 (2.5)
Net (Decrease) Increase in Cash and Cash Equivalents (157.4) 0.3
Cash and Cash Equivalents, Beginning of Period 454.0 159.2
Cash and Cash Equivalents, End of Period $ 296.6 $ 159.5