| Nine-Month | ||||||||||||||||||||||||||||
| Period Ended | Fiscal Year Ended | |||||||||||||||||||||||||||
| Feb. 28, | Feb. 22, | May 31, | May 25, | May 27, | May 28, | May 29, | ||||||||||||||||||||||
| In Millions, Except Ratios | 2010 | 2009 | 2009 | 2008 | 2007 | 2006 | 2005 | |||||||||||||||||||||
Earnings before income taxes and
after-tax earnings from joint ventures |
$ | 1,858.6 | $ | 1,411.6 | $ | 1,942.2 | $ | 1,829.5 | $ | 1,696.2 | $ | 1,621.1 | $ | 1,848.6 | ||||||||||||||
Distributed income of equity investees |
32.5 | 29.9 | 68.5 | 108.7 | 45.2 | 77.4 | 83.0 | |||||||||||||||||||||
Plus: Fixed charges (1) |
306.2 | 328.7 | 463.4 | 494.6 | 496.8 | 462.8 | 524.1 | |||||||||||||||||||||
Plus: Amortization of capitalized
interest, net of interest capitalized |
11.2 | (1.4 | ) | (2.2 | ) | (2.0 | ) | — | 1.7 | 0.9 | ||||||||||||||||||
Earnings available to cover fixed
charges |
$ | 2,208.5 | $ | 1,768.8 | $ | 2,471.9 | $ | 2,430.8 | $ | 2,238.2 | $ | 2,163.0 | $ | 2,456.6 | ||||||||||||||
Ratio of earnings to fixed charges |
7.21 | 5.38 | 5.33 | 4.91 | 4.51 | 4.67 | 4.69 | |||||||||||||||||||||
(1) Fixed charges: |
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Interest expense |
$ | 283.5 | $ | 302.6 | $ | 409.5 | $ | 432.0 | $ | 396.6 | $ | 367.0 | $ | 449.3 | ||||||||||||||
Preferred distributions to
noncontrolling interests |
2.0 | 6.0 | 7.2 | 22.0 | 63.8 | 60.5 | 39.0 | |||||||||||||||||||||
Rentals (1/3) |
20.7 | 20.1 | 46.7 | 40.6 | 36.4 | 35.3 | 35.8 | |||||||||||||||||||||
Total fixed charges |
$ | 306.2 | $ | 328.7 | $ | 463.4 | $ | 494.6 | $ | 496.8 | $ | 462.8 | $ | 524.1 | ||||||||||||||