Financial Summary (All financials)
| In millions, except per share items | May-29-22 | May-30-21 | May-31-20 | May-26-19 | May-27-18 | May-28-17 | May-29-16 | May-31-15 |
| Revenues | 4,098.9 | 3,670.9 | 3,792.4 | 3,756.5 | 3,423.7 | 3,168.0 | 2,993.8 | 2,925.0 |
| Revenue growth | 11.7% | -3.2% | 1.0% | 9.7% | 8.1% | 5.8% | 2.4% | |
| Cost of goods sold | 3,266.9 | 2,838.9 | 2,897.2 | 2,753.0 | 2,544.2 | 2,389.2 | 2,332.0 | 2,337.7 |
| Gross profit | 832.0 | 832.0 | 895.2 | 1,003.5 | 879.5 | 778.8 | 661.8 | 587.3 |
| Gross margin | 20.3% | 22.7% | 23.6% | 26.7% | 25.7% | 24.6% | 22.1% | 20.1% |
| Selling, general and administrative | 387.6 | 357.2 | 338.3 | 335.1 | 299.4 | 260.5 | 288.5 | 205.9 |
| EBITA | 439.5 | 531.6 | 588.7 | 730.1 | 666.1 | 573.9 | 446.9 | 426.7 |
| EBITA margin | 10.7% | 14.5% | 15.5% | 19.4% | 19.5% | 18.1% | 14.9% | 14.6% |
| Amortization of intangibles | 5.8 | 5.0 | 2.5 | 2.2 | 2.4 | 2.3 | 1.9 | 2.6 |
| EBIT | 433.7 | 526.6 | 586.2 | 727.9 | 663.7 | 571.6 | 445.0 | 424.1 |
| EBIT margin | 10.6% | 14.3% | 15.5% | 19.4% | 19.4% | 18.0% | 14.9% | 14.5% |
| Pre-tax income | 272.7 | 408.3 | 478.2 | 620.8 | 554.9 | 510.4 | 439.1 | 418.0 |
| Income taxes | 71.8 | 90.5 | 112.3 | 133.6 | 121.2 | 170.2 | 144.5 | 140.4 |
| Tax rate | 26.3% | 22.2% | 23.5% | 21.5% | 21.8% | 33.3% | 32.9% | 33.6% |
| Net income | 200.9 | 317.8 | 365.9 | 478.6 | 416.8 | 326.9 | 285.3 | 268.3 |
| Net margin | 4.9% | 8.7% | 9.6% | 12.7% | 12.2% | 10.3% | 9.5% | 9.2% |
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| Diluted EPS | $1.38 | $2.16 | $2.49 | $3.25 | $2.84 | $2.23 | $1.95 | $1.84 |
| Shares outstanding (diluted) | 145.9 | 147.1 | 147.1 | 147.3 | 147.0 | 146.6 | 146.0 | 146.0 |
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| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
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