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	Aug 25, 2024	May 26, 2024	May 28, 2023	May 29, 2022	May 30, 2021	May 31, 2020
Cash & Equivalents	192.5	194.8	367.8	420.6	1,215	763.3
Cash & Short-Term Investments	192.5	194.8	367.8	420.6	1,215	763.3
Cash Growth	0.21%	-47.04%	-12.55%	-65.37%	59.14%	66.91%
Accounts Receivable	57.7	41.4	40.6	39.2	37.7	21.9
Other Receivables	-	37.6	32.3	32.2	27.5	21.4
Receivables	57.7	79	72.9	71.4	65.2	43.3
Inventory	297.7	290.5	287.9	270.6	190.8	206.9
Prepaid Expenses	137.6	111.4	106.1	89.9	60.2	63
Restricted Cash	24.4	25.3	48.4	51.5	-	-
Other Current Assets	109.7	121.8	114.6	275.4	340.2	24.9
Total Current Assets	819.6	822.8	997.7	1,179	1,871	1,101
Property, Plant & Equipment	7,638	7,614	7,099	6,821	6,646	6,726
Goodwill	1,391	1,391	1,037	1,037	1,037	1,037
Other Intangible Assets	1,148	1,240	884.6	879.1	873.2	891.5
Other Long-Term Assets	358.6	255.7	222.8	218.8	228.8	189.7
Total Assets	11,356	11,323	10,242	10,136	10,656	9,946
Accounts Payable	401	399.5	426.2	366.9	304.5	249.4
Accrued Expenses	242.6	760.2	688.7	667.1	689	581.3
Short-Term Debt	293.9	86.8	-	-	-	270
Current Portion of Long-Term Debt	37.5	51.8	45.4	28	0.2	-
Current Portion of Leases	216.8	214.1	196	202.4	184.1	166.3
Current Income Taxes Payable	1.7	6.1	7.8	32.1	35.9	6.2
Current Unearned Revenue	554.7	591.8	512	498	474.2	467.9
Other Current Liabilities	576.5	82.2	61.3	53	160.4	51.7
Total Current Liabilities	2,325	2,193	1,937	1,848	1,848	1,793
Long-Term Debt	1,386	1,370	884.9	901	929.8	928.8
Long-Term Leases	5,061	5,062	4,840	4,774	4,644	4,645
Long-Term Unearned Revenue	4.9	4.9	2.7	2.8	2.2	2.8
Long-Term Deferred Tax Liabilities	236.4	232	142.2	201.1	221.6	56.1
Other Long-Term Liabilities	199.5	218.9	232.6	210.8	197.3	189.7
Total Liabilities	9,212	9,081	8,040	7,938	7,843	7,615
Common Stock	2,262	2,252	2,231	2,226	2,287	2,205
Retained Earnings	-144.5	-35.5	-32.5	-25.9	522.3	143.5
Comprehensive Income & Other	25.9	25.6	3.2	-1.9	4.2	-17.6
Shareholders' Equity	2,144	2,243	2,202	2,198	2,813	2,331
Total Liabilities & Equity	11,356	11,323	10,242	10,136	10,656	9,946
Total Debt	6,995	6,785	5,967	5,906	5,758	6,010
Net Cash (Debt)	-6,802	-6,590	-5,599	-5,485	-4,543	-5,247
Net Cash Per Share	-56.64	-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	118	118.86	121.07	123.95	130.76	129.89
Working Capital	-1,505	-1,370	-939.7	-668.1	22.8	-691.4
Book Value Per Share	18.17	18.87	18.18	17.74	21.51	17.95
Tangible Book Value	-395.3	-388.4	279.5	281.7	902.5	402.3
Tangible Book Value Per Share	-3.35	-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.