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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Aug. 30, 2025
May 31, 2025
Current Assets:    
Cash and cash equivalents $ 167.2 $ 193.7
Accounts receivable, net of allowance of $9.5 and $9.3 332.1 350.2
Unbilled accounts receivable 33.2 26.9
Inventories 465.8 447.5
Prepaid expenses 76.3 74.6
Other current assets 15.2 15.8
Total current assets 1,089.8 1,108.7
Property and equipment, at cost 1,667.1 1,638.8
Less — accumulated depreciation (1,164.5) (1,142.7)
Net property and equipment 502.6 496.1
Right of use assets 412.1 411.2
Goodwill 1,161.9 1,152.4
Indefinite-lived intangibles 435.7 432.5
Other amortizable intangibles, net of accumulated amortization of $277.3 and $265.4 240.6 247.5
Other noncurrent assets 98.3 101.8
Total Assets 3,941.0 3,950.2
Current Liabilities:    
Accounts payable 253.6 271.3
Short-term borrowings and current portion of long-term debt 16.4 16.0
Accrued compensation and benefits 76.8 92.5
Short-term lease liability 75.7 72.0
Accrued warranty 16.5 16.8
Customer deposits 86.4 102.5
Other accrued liabilities 126.6 132.7
Total current liabilities 652.0 703.8
Long-term debt 1,327.5 1,310.6
Pension and post-retirement benefits 7.0 7.1
Lease liabilities 409.0 413.4
Other liabilities 183.1 180.2
Total Liabilities 2,578.6 2,615.1
Redeemable noncontrolling interests 62.9 59.3
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, 68,503,628 and 67,804,913 shares issued and outstanding in fiscal 2026 and 2025, respectively) 13.7 13.6
Additional paid-in capital 682.2 679.1
Retained earnings 672.9 665.1
Accumulated other comprehensive loss (69.3) (82.0)
Total Stockholders' Equity 1,299.5 1,275.8
Total Liabilities, Redeemable Noncontrolling Interests, and Stockholders' Equity $ 3,941.0 $ 3,950.2