Company: LW
Filing Date: 2025-09-30
Form Type: 10-Q
Source: 0001679273-25-000070
Chunk: 8

Company: Lamb Weston Holdings, Inc.
Filing Date: 2025-09-30
Form: 10-Q
Item: Part I, Item 1
Chunk 8
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Table of Contents

Lamb Weston Holdings, Inc. 

Consolidated Balance Sheets

(unaudited, dollars in millions, except share data)

August 24, 2025May 25, 2025ASSETSCurrent assets:Cash and cash equivalents$98.6 $70.7 Receivables, net of allowances of $0.9 and $0.9772.7 781.6 Inventories906.8 1,035.4 Prepaid expenses and other current assets95.2 145.0 Total current assets1,873.3 2,032.7 Property, plant and equipment, net3,686.7 3,687.9 Operating lease assets117.7 113.2 Goodwill1,113.7 1,090.2 Intangible assets, net114.5 114.0 Other assets330.8 354.6 Total assets$7,236.7 $7,392.6 LIABILITIES AND STOCKHOLDERS’ EQUITYCurrent liabilities:Short-term borrowings$215.4 $370.8 Current portion of long-term debt and financing obligations81.8 77.8 Accounts payable544.9 616.4 Accrued liabilities415.9 411.0 Total current liabilities1,258.0 1,476.0 Long-term liabilities:Long-term debt and financing obligations, excluding current portion3,670.9 3,682.8 Deferred income taxes264.0 253.5 Other noncurrent liabilities254.0 242.6 Total long-term liabilities4,188.9 4,178.9 Commitments and contingenciesStockholders’ equity:Common stock of $1.00 par value, 600,000,000 shares authorized; 151,832,842 and 151,390,267 shares issued151.8 151.4 Treasury stock, at cost, 12,497,431 and 12,152,507 common shares(856.7)(838.0)Additional distributed capital(468.2)(479.1)Retained earnings2,861.8 2,848.9 Accumulated other comprehensive income101.1 54.5 Total stockholders’ equity1,789.8 1,737.7 Total liabilities and stockholders’