| | | | | | | | | | | | | | | | | | | |
| Fiscal Year Ended | | | | | | | | | | | | | | | | | | |
| (Dollars in millions, except per share data) | May 31, 2020 (2) | | | | May 26, 2019 | | | | May 27, 2018 | | | | May 28, 2017 | | | | May 29, 2016 | | |
| Operating Results (1) Sales | $ | 7,806.9 | | | $ | 8,510.4 | | | $ | 8,080.1 | | | $ | 7,170.2 | | | $ | 6,933.5 | |
| Costs and expenses: | | | | | | | | | | | | | | | | | | | |
| Food and beverage | 2,240.8 | | | | 2,412.5 | | | | 2,303.1 | | | | 2,070.3 | | | | 2,039.7 | | |
| Restaurant labor | 2,682.6 | | | | 2,771.1 | | | | 2,614.5 | | | | 2,265.3 | | | | 2,189.2 | | |
| Restaurant expenses | 1,475.1 | | | | 1,477.8 | | | | 1,417.1 | | | | 1,265.2 | | | | 1,163.5 | | |
| Marketing expenses | 238.0 | | | | 255.3 | | | | 252.3 | | | | 239.7 | | | | 238.0 | | |
| General and administrative | 376.4 | | | | 405.5 | | | | 409.8 | | | | 387.7 | | | | 384.9 | | |
| Depreciation and amortization | 355.9 | | | | 336.7 | | | | 313.1 | | | | 272.9 | | | | 290.2 | | |
| Impairments and disposal of assets, net | 221.0 | | | | 19.0 | | | | 3.4 | | | | (8.4 | | ) | | 5.8 | | |
| Goodwill impairment | 169.2 | | | | — | | | | — | | | | — | | | | — | | |
| Total operating costs and expenses | $ | 7,759.0 | | | $ | 7,677.9 | | | $ | 7,313.3 | | | $ | 6,492.7 | | | $ | 6,311.3 | |
| Operating income | 47.9 | | | | 832.5 | | | | 766.8 | | | | 677.5 | | | | 622.2 | | |
| Interest, net | 57.3 | | | | 50.2 | | | | 161.1 | | | | 40.2 | | | | 172.5 | | |
| Other (income) expense, net | 151.6 | | | | — | | | | — | | | | — | | | | — | | |
| Earnings (loss) before income taxes | (161.0 | | ) | | 782.3 | | | | 605.7 | | | | 637.3 | | | | 449.7 | | |
| Income tax expense (benefit) | (111.8 | | ) | | 63.7 | | | | 1.9 | | | | 154.8 | | | | 90.0 | | |
| Earnings (loss) from continuing operations | $ | (49.2 | ) | | $ | 718.6 | | | $ | 603.8 | | | $ | 482.5 | | | $ | 359.7 | |
| Earnings (loss) from discontinued operations, net of tax expense (benefit) of $(0.9), $(1.8), $(4.8), $(4.2) and $3.4 | (3.2 | | ) | | (5.2 | | ) | | (7.8 | | ) | | (3.4 | | ) | | 15.3 | | |
| Net earnings (loss) | $ | (52.4 | ) | | $ | 713.4 | | | $ | 596.0 | | | $ | 479.1 | | | $ | 375.0 | |
| Basic net earnings per share: | | | | | | | | | | | | | | | | | | | |
| Earnings (loss) from continuing operations | $ | (0.40 | ) | | $ | 5.82 | | | $ | 4.87 | | | $ | 3.88 | | | $ | 2.82 | |
| Earnings (loss) from discontinued operations | $ | (0.03 | ) | | $ | (0.04 | ) | | $ | (0.06 | ) | | $ | (0.03 | ) | | $ | 0.12 | |
| Net earnings (loss) | $ | (0.43 | ) | | $ | 5.78 | | | $ | 4.81 | | | $ | 3.85 | | | $ | 2.94 | |
| Diluted net earnings per share: | | | | | | | | | | | | | | | | | | | |
| Earnings (loss) from continuing operations | $ | (0.40 | ) | | $ | 5.73 | | | $ | 4.79 | | | $ | 3.83 | | | $ | 2.78 | |
| Earnings (loss) from discontinued operations | $ | (0.03 | ) | | $ | (0.04 | ) | | $ | (0.06 | ) | | $ | (0.03 | ) | | $ | 0.12 | |
| Net earnings (loss) | $ | (0.43 | ) | | $ | 5.69 | | | $ | 4.73 | | | $ | 3.80 | | | $ | 2.90 | |
| Average number of common shares outstanding: | | | | | | | | | | | | | | | | | | | |
| Basic | 122.7 | | | | 123.5 | | | | 124.0 | | | | 124.3 | | | | 127.4 | | |
| Diluted | 122.7 | | | | 125.4 | | | | 126.0 | | | | 126.0 | | | | 129.3 | | |
| Financial Position | | | | | | | | | | | | | | | | | | | |
| Total assets | $ | 9,946.1 | | | $ | 5,892.8 | | | $ | 5,469.6 | | | $ | 5,292.3 | | | $ | 4,419.4 | |
| Land, buildings and equipment, net | $ | 2,756.9 | | | $ | 2,552.6 | | | $ | 2,429.8 | | | $ | 2,272.3 | | | $ | 2,041.6 | |
| Working capital (deficit) | $ | (691.4 | ) | | $ | (581.5 | ) | | $ | (830.9 | ) | | $ | (701.3 | ) | | $ | (530.0 | ) |
| Long-term debt, less current portion | $ | 928.8 | | | $ | 927.7 | | | $ | 926.5 | | | $ | 936.6 | | | $ | 440.0 | |
| Stockholders’ equity | $ | 2,331.2 | | | $ | 2,392.6 | | | $ | 2,194.8 | | | $ | 2,101.7 | | | $ | 1,952.0 | |
| Stockholders’ equity per outstanding share | $ | 17.95 | | | $ | 19.44 | | | $ | 17.77 | | | $ | 16.76 | | | $ | 15.47 | |
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