Darden Restaurants, Inc. (DRI)

Darden Restaurants Balance Sheet

Financials in millions USD. Fiscal year is June - May.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Nov 24, 2024	May 26, 2024	May 28, 2023	May 29, 2022	May 30, 2021	May 31, 2020
Cash & Equivalents	217.3	194.8	367.8	420.6	1,215	763.3
Cash & Short-Term Investments	217.3	194.8	367.8	420.6	1,215	763.3
Cash Growth	11.04%	-47.04%	-12.55%	-65.37%	59.14%	66.91%
Accounts Receivable	77.8	41.4	40.6	39.2	37.7	21.9
Other Receivables	-	37.6	32.3	32.2	27.5	21.4
Receivables	77.8	79	72.9	71.4	65.2	43.3
Inventory	318	290.5	287.9	270.6	190.8	206.9
Prepaid Expenses	127.3	111.4	106.1	89.9	60.2	63
Restricted Cash	24.2	25.3	48.4	51.5	-	-
Other Current Assets	115	121.8	114.6	275.4	340.2	24.9
Total Current Assets	879.6	822.8	997.7	1,179	1,871	1,101
Property, Plant & Equipment	8,269	7,614	7,099	6,821	6,646	6,726
Goodwill	1,654	1,391	1,037	1,037	1,037	1,037
Other Intangible Assets	1,346	1,240	884.6	879.1	873.2	891.5
Other Long-Term Assets	370.1	255.7	222.8	218.8	228.8	189.7
Total Assets	12,519	11,323	10,242	10,136	10,656	9,946
Accounts Payable	408.5	399.5	426.2	366.9	304.5	249.4
Accrued Expenses	273.6	760.2	688.7	667.1	689	581.3
Short-Term Debt	275.2	86.8	-	-	-	270
Current Portion of Long-Term Debt	-	51.8	45.4	28	0.2	-
Current Portion of Leases	-	214.1	196	202.4	184.1	166.3
Current Income Taxes Payable	2	6.1	7.8	32.1	35.9	6.2
Current Unearned Revenue	552	591.8	512	498	474.2	467.9
Other Current Liabilities	889.7	82.2	61.3	53	160.4	51.7
Total Current Liabilities	2,401	2,193	1,937	1,848	1,848	1,793
Long-Term Debt	2,122	1,370	884.9	901	929.8	928.8
Long-Term Leases	5,634	5,062	4,840	4,774	4,644	4,645
Long-Term Unearned Revenue	-	4.9	2.7	2.8	2.2	2.8
Long-Term Deferred Tax Liabilities	291.8	232	142.2	201.1	221.6	56.1
Other Long-Term Liabilities	-	218.9	232.6	210.8	197.3	189.7
Total Liabilities	10,448	9,081	8,040	7,938	7,843	7,615
Common Stock	2,261	2,252	2,231	2,226	2,287	2,205
Retained Earnings	-218.9	-35.5	-32.5	-25.9	522.3	143.5
Comprehensive Income & Other	28.8	25.6	3.2	-1.9	4.2	-17.6
Shareholders' Equity	2,071	2,243	2,202	2,198	2,813	2,331
Total Liabilities & Equity	12,519	11,323	10,242	10,136	10,656	9,946
Total Debt	8,031	6,785	5,967	5,906	5,758	6,010
Net Cash (Debt)	-7,813	-6,590	-5,599	-5,485	-4,543	-5,247
Net Cash Per Share	-65.41	-54.55	-45.55	-42.52	-34.47	-42.76
Filing Date Shares Outstanding	117.5	118.86	121.07	123.95	130.76	129.89
Total Common Shares Outstanding	117.5	118.86	121.07	123.95	130.76	129.89
Working Capital	-1,521	-1,370	-939.7	-668.1	22.8	-691.4
Book Value Per Share	17.62	18.87	18.18	17.74	21.51	17.95
Tangible Book Value	-929.4	-388.4	279.5	281.7	902.5	402.3
Tangible Book Value Per Share	-7.91	-3.27	2.31	2.27	6.90	3.10
Land	-	132.9	134	126.2	122.7	126.5
Buildings	-	4,035	3,656	3,389	3,215	3,082
Machinery	-	2,345	2,095	1,917	1,795	1,756
Construction In Progress	-	179.1	200.7	156	125.2	154.8

Source: S&P Capital IQ. Standard template. Financial Sources.