v3.25.4
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Nov. 29, 2025
May 31, 2025
Current Assets:    
Cash and cash equivalents $ 180.4 $ 193.7
Accounts receivable, net of allowance of $9.2 and $9.3 325.3 350.2
Unbilled accounts receivable 36.6 26.9
Inventories 477.8 447.5
Prepaid expenses 82.7 74.6
Other current assets 15.6 15.8
Total current assets 1,118.4 1,108.7
Property and equipment, at cost 1,680.7 1,638.8
Less — accumulated depreciation (1,179.2) (1,142.7)
Net property and equipment 501.5 496.1
Right of use assets 407.9 411.2
Goodwill 1,157.4 1,152.4
Indefinite-lived intangibles 434.7 432.5
Other amortizable intangibles, net of accumulated amortization of $285.8 and $265.4 230.5 247.5
Other noncurrent assets 96.0 101.8
Total Assets 3,946.4 3,950.2
Current Liabilities:    
Accounts payable 257.1 271.3
Short-term borrowings and current portion of long-term debt 20.7 16.0
Accrued compensation and benefits 84.0 92.5
Short-term lease liability 77.8 72.0
Accrued warranty 17.0 16.8
Customer deposits 80.2 102.5
Other accrued liabilities 134.9 132.7
Total current liabilities 671.7 703.8
Long-term debt 1,320.9 1,310.6
Pension and post-retirement benefits 7.1 7.1
Lease liabilities 400.7 413.4
Other liabilities 183.2 180.2
Total Liabilities 2,583.6 2,615.1
Redeemable noncontrolling interests 63.1 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, 68,249,980 and 67,804,913 shares issued and outstanding in fiscal 2026 and 2025, respectively) 13.7 13.6
Additional paid-in capital 684.0 679.1
Retained earnings 684.2 665.1
Accumulated other comprehensive loss (82.2) (82.0)
Total Stockholders' Equity 1,299.7 1,275.8
Total Liabilities, Redeemable Noncontrolling Interests, and Stockholders' Equity $ 3,946.4 $ 3,950.2