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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
9 Months Ended
Feb. 28, 2021
Feb. 23, 2020
Cash Flows - Operating Activities    
Net earnings, including earnings attributable to redeemable and noncontrolling interests $ 1,946.1 $ 1,583.8
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 454.5 456.4
After-tax earnings from joint ventures (89.5) (57.5)
Distributions of earnings from joint ventures 41.9 37.7
Stock-based compensation 69.5 66.0
Deferred income taxes 110.9 1.7
Pension and other postretirement benefit plan contributions (25.7) (21.7)
Pension and other postretirement benefit plan costs (25.5) (23.2)
Restructuring, impairment, and other exit costs 5.7 20.6
Changes in current assets and liabilities (145.4) 91.3
Other, net (134.6) 4.7
Net cash provided by operating activities 2,207.9 2,159.8
Cash Flows - Investing Activities    
Purchases of land, buildings, and equipment (346.4) (269.4)
Investments In affiliates, net 18.1 (40.9)
Proceeds from disposal of land, buildings, and equipment 1.8 0.9
Other, net (5.5) 4.8
Net cash used by investing activities (332.0) (304.6)
Cash Flows - Financing Activities    
Change in notes payable (96.9) (282.9)
Issuance of long-term debt 1,576.5 867.8
Payment of long-term debt (1,159.0) (1,396.5)
Debt exchange participation incentive cash payment (201.4) 0.0
Proceeds from common stock issued on exercised options 39.4 109.4
Purchases of common stock for treasury (0.6) (2.8)
Dividends paid (932.4) (895.4)
Distributions to noncontrolling and redeemable interest holders (47.9) (70.4)
Other, net (30.4) (20.6)
Net cash used by financing activities (852.7) (1,691.4)
Effect of exchange rate changes on cash and cash equivalents 53.2 (6.9)
Increase in cash and cash equivalents 1,076.4 156.9
Cash and cash equivalents - beginning of year 1,677.8 450.0
Cash and cash equivalents - end of period 2,754.2 606.9
Cash Flow from changes in current assets and liabilities:    
Receivables (119.2) (60.3)
Inventories (302.2) 2.5
Prepaid expenses and other current assets 58.8 54.8
Accounts payable 154.7 119.9
Other current liabilities 62.5 (25.6)
Changes in current assets and liabilities $ (145.4) $ 91.3