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Consolidated Balance Sheets - USD ($)
$ in Millions
May 28, 2022
May 29, 2021
Current Assets:    
Cash and cash equivalents $ 230.3 $ 396.4
Short-term investments 0.0 7.7
Accounts receivable, net of allowances of $9.7 and $5.5 348.9 204.7
Unbilled accounts receivable 32.0 16.4
Inventories, net 587.3 228.6
Prepaid expenses 112.1 45.1
Other current assets 7.3 7.6
Total current assets 1,317.9 906.5
Property and equipment, net of accumulated depreciation of $928.2 and $832.5 581.5 327.2
Right of use assets 425.8 214.7
Goodwill 1,226.2 364.2
Indefinite-lived intangibles 501.0 97.6
Other amortizable intangibles, net of accumulated amortization of $68.6 and $68.6 362.4 105.2
Other noncurrent assets 99.2 61.4
Total Assets 4,514.0 2,076.8
Current Liabilities:    
Accounts payable 355.1 178.4
Short-term borrowings and current portion of long-term debt 29.3 2.2
Accrued compensation and benefits 128.6 90.2
Short-term lease liability 79.9 44.8
Accrued warranty 18.8 14.5
Customer deposits 125.3 43.1
Other accrued liabilities 140.4 103.3
Total current liabilities 877.4 476.5
Long-term debt 1,379.2 274.9
Pension and post-retirement benefits 25.0 34.5
Lease liabilities 398.2 221.1
Other liabilities 300.2 132.3
Total Liabilities 2,980.0 1,139.3
Redeemable noncontrolling interests 106.9  
Stockholders' Equity:    
Preferred stock, no par value (10,000,000 shares authorized, none issued) 0.0 0.0
#REF! 15.2 11.8
Additional paid-in capital 825.7 94.7
Retained earnings 693.3 819.3
Accumulated other comprehensive loss (107.1) (65.1)
Deferred compensation plan 0.0 (0.2)
Total Stockholders' Equity 1,427.1 860.5
Total Liabilities, Redeemable Noncontrolling Interests and Stockholders' Equity $ 4,514.0 $ 2,076.8