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CONSOLIDATED BALANCE SHEETS - USD ($)
shares in Millions, $ in Millions
Jun. 29, 2022
Jun. 30, 2021
Current assets    
Cash and cash equivalents $ 13.5 $ 23.9
Accounts receivable, net 66.4 65.2
Inventories 35.6 28.9
Restaurant supplies 55.5 52.6
Prepaid expenses 25.7 13.6
Income taxes receivable, net 4.5 23.0
Total current assets 201.2 207.2
Property and equipment, at cost    
Land 43.4 33.1
Buildings and leasehold improvements 1,603.9 1,595.2
Furniture and equipment 793.0 818.1
Construction-in-progress 33.6 14.9
Gross property and equipment 2,473.9 2,461.3
Less accumulated depreciation and amortization (1,657.2) (1,686.5)
Net property and equipment 816.7 774.8
Other assets    
Operating lease assets [1] 1,160.5 1,007.4
Goodwill 195.1 188.2
Deferred income taxes, net 62.5 50.9
Intangibles, net 27.4 21.1
Other 21.0 25.3
Total other assets 1,466.5 1,292.9
Total assets 2,484.4 2,274.9
Current liabilities    
Accounts payable 134.3 127.7
Gift card liability 83.9 106.4
Accrued payroll 111.0 122.4
Operating lease liabilities [1] 112.7 97.7
Other accrued liabilities 116.1 117.4
Total current liabilities 558.0 571.6
Long-term debt and finance leases, less current installments 989.1 917.9
Long-term operating lease liabilities, less current portion [1] 1,151.1 1,006.7
Other liabilities 54.3 82.0
Commitments and contingencies (Note 16)
Shareholders’ deficit    
Common stock, shares authorized 250.0  
Common stock, par value per share $ 0.10  
Common stock, shares issued 70.3  
Common stock, shares outstanding 43.8 45.9
Common stock $ 7.0 $ 7.0
Additional paid-in capital 690.9 685.4
Accumulated other comprehensive loss (5.3) (4.7)
Accumulated deficit $ (148.4) $ (266.1)
Treasury stock, shares 26.5 24.4
Treasury stock, at cost $ (812.3) $ (724.9)
Total shareholders’ deficit (268.1) (303.3)
Total liabilities and shareholders’ deficit $ 2,484.4 $ 2,274.9
[1] Operating lease assets are recorded in Operating lease assets and the related current and long-term lease liabilities are recorded within Operating lease liabilities and Long-term operating lease liabilities, less current portion, respectively.