XML 23 R3.htm IDEA: XBRL DOCUMENT v3.20.4
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Nov. 28, 2020
May 30, 2020
Current Assets:    
Cash and cash equivalents $ 377.9 $ 454.0
Short-term investments 7.2 7.0
Accounts receivable, allowance 5.2 4.7
Accounts receivable, net 193.0 180.0
Unbilled accounts receivable 33.0 19.5
Inventories, net 191.0 197.3
Prepaid expenses 26.8 43.3
Other current assets 9.0 16.0
Total current assets 837.9 917.1
Property and equipment, at cost 1,124.0 1,111.3
Less — accumulated depreciation (798.1) (780.5)
Net property and equipment 325.9 330.8
Right-of-use assets 225.6 193.9
Goodwill 358.5 346.0
Indefinite-lived intangibles 96.4 92.8
Other amortizable intangibles, accumulated amortization 70.7 62.7
Other amortizable intangibles, net 112.3 112.4
Other noncurrent assets 71.9 60.9
Total Assets 2,028.5 2,053.9
Current Liabilities:    
Accounts payable 164.4 128.8
Short-term borrowings and current portion of long-term debt 52.3 51.4
Accrued compensation and benefits 65.7 71.1
Accrued warranty 16.0 16.1
Customer deposits 37.7 39.8
Other accrued liabilities 171.4 163.0
Total current liabilities 507.5 470.2
Long-term debt 274.9 539.9
Pension and post-retirement benefits 41.5 42.4
Lease liabilities 205.7 178.8
Other liabilities 144.1 129.2
Total Liabilities 1,173.7 $ 1,360.5
Redeemable noncontrolling interests $ 56.5  
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 58,971,641  
Common stock $ 11.8 $ 11.8
Additional paid-in capital 87.8 81.6
Retained earnings 797.1 683.9
Accumulated other comprehensive loss (98.1) (134.0)
Deferred compensation plan (0.3) (0.3)
Total Stockholders' Equity 798.3 643.0
Total Liabilities, Redeemable Noncontrolling Interests, and Stockholders' Equity $ 2,028.5 $ 2,053.9