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Consolidated Balance Sheets - USD ($)
$ in Millions
May 31, 2025
Jun. 01, 2024
Current Assets:    
Cash and cash equivalents $ 193.7 $ 230.4
Accounts receivable, net of allowances of $9.3 and $7.4 350.2 308.3
Unbilled accounts receivable 26.9 22.2
Inventories, net 447.5 428.6
Prepaid expenses 74.6 66.5
Assets held for sale 0.0 3.5
Other current assets 15.8 10.1
Total current assets 1,108.7 1,069.6
Property and equipment, net of accumulated depreciation of $1,142.7 and $1,090.7 496.1 492.0
Right of use assets 411.2 375.6
Goodwill 1,152.4 1,226.3
Indefinite-lived intangibles 432.5 465.5
Other amortizable intangibles, net of accumulated amortization of $265.4 and $223.4 247.5 279.3
Other noncurrent assets 101.8 135.3
Total Assets 3,950.2 4,043.6
Current Liabilities:    
Accounts payable 271.3 241.4
Short-term borrowings and current portion of long-term debt 16.0 43.5
Accrued compensation and benefits 92.5 104.5
Short-term lease liability 72.0 67.2
Accrued warranty 16.8 17.6
Customer deposits 102.5 100.2
Other accrued liabilities 132.7 123.3
Total current liabilities 703.8 697.7
Long-term debt 1,310.6 1,291.7
Pension and post-retirement benefits 7.1 10.0
Lease liabilities 413.4 360.4
Other liabilities 180.2 224.8
Total Liabilities 2,615.1 2,584.6
Redeemable noncontrolling interests 59.3 73.9
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, 67,804,913 and 70,377,692 shares issued and outstanding in 2025 and 2024, respectively) 13.6 14.1
Additional paid-in capital 679.1 725.3
Retained earnings 665.1 738.4
Accumulated other comprehensive loss (82.0) (92.7)
Total Stockholders' Equity 1,275.8 1,385.1
Total Liabilities, Redeemable Noncontrolling Interests and Stockholders' Equity $ 3,950.2 $ 4,043.6