← DARDEN RESTAURANTS INC
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | $375.0m |
$479.1m
+27.76%
|
$596.0m
+24.40%
|
$713.4m
+19.70%
|
($52.4m)
-107.35%
|
$629.3m
+1300.95%
|
$952.8m
+51.41%
|
$981.9m
+3.05%
|
$1.0b
+4.65%
|
$1.0b
+2.14%
|
— | |
| Depreciation, Depletion and Amortization | $290.2m | $272.9m | $313.1m | $336.7m | $355.9m | $350.9m | $368.4m | $387.8m | $459.9m | $516.1m | $561.1m | |
| Amortization of Debt Issuance Costs | $3.6m | $1.0m | $1.6m | — | — | — | ($2.7m) | ($200k) | ($11.6m) | ($6.9m) | — | |
| Capitalized Computer Software, Amortization | — | $18.7m | $23.5m | $26.7m | $25.7m | $25.4m | $19.7m | $18.6m | $22.9m | $18.2m | — | |
| Deferred Income Tax Expense (Benefit) | ($10.8m) | ($22.9m) | ($20.6m) | $47.5m | ($133.6m) | $165.9m | ($26.0m) | ($56.1m) | ($700k) | $900k | $71.3m | |
| Share-based Payment Arrangement, Noncash Expense | $37.3m | $40.7m | $42.8m | $59.8m | $53.0m | $72.4m | $60.5m | $67.5m | $68.5m | $79.1m | $79.1m | |
| Share-based Payment Arrangement, Expense | — | — | — | $59.8m | $53.0m | $72.4m | $60.5m | $67.5m | $68.5m | $79.1m | $79.1m | |
| Gain (Loss) on Sale of Assets and Asset Impairment Charges | — | ($8.4m) | $3.4m | ($19.0m) | ($221.0m) | ($6.6m) | $2.0m | $10.6m | ($12.4m) | ($49.2m) | — | |
| Goodwill, Impairment Loss | — | — | — | — | $169.2m | $0 | $0 | — | — | — | ($10.7m) | |
| Impairment of Intangible Assets (Excluding Goodwill) | $0 | $0 | $0 | — | — | — | — | — | — | — | — | |
| Other Nonoperating Income (Expense) | — | — | — | — | ($151.6m) | ($8.7m) | $0 | $0 | — | — | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Inventories | $11.8m | ($5.0m) | $26.6m | $2.1m | $13.9m | ($16.1m) | $79.8m | $17.3m | ($5.6m) | $20.5m | ($14.7m) | |
| Increase (Decrease) in Accounts Payable | $45.6m | ($9.0m) | $12.6m | $55.0m | ($68.5m) | $48.9m | $43.2m | $40.9m | ($11.3m) | $26.6m | ($22.6m) | |
| Accrued capital expenditures | $228.3m | $293.0m | $396.0m | $452.0m | $459.9m | $254.9m | $376.9m | $564.9m | $601.2m | $644.6m | — | |
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $228.3m | $293.0m | $396.0m | $452.0m | $459.9m | $254.9m | $376.9m | $564.9m | $601.2m | $644.6m | ($760.4m) | |
| Gain (Loss) on Disposition of Property Plant Equipment | ($5.5m) | ($3.2m) | ($4.1m) | ($3.6m) | ($2.4m) | ($2.6m) | ($2.1m) | ($2.2m) | ($3.0m) | ($3.9m) | — | |
| Payments to Acquire Businesses, Net of Cash Acquired | — | $764.4m | $40.4m | $0 | $55.8m | $0 | $0 | — | $701.1m | $613.7m | $0 | |
| Payments for (Proceeds from) Other Investing Activities | — | — | ($4.8m) | ($2.1m) | $9.5m | ($1.2m) | ($3.4m) | ($500k) | ($1.5m) | ($4.8m) | — | |
| Net Cash Provided by (Used in) Investing Activities | — | ($1.1b) | ($451.1m) | ($462.6m) | ($544.0m) | ($263.7m) | ($389.0m) | ($568.4m) | ($1.3b) | ($1.3b) | ($711.4m) | |
| Cash flows from financing activities: | ||||||||||||
| Gain (Loss) on Extinguishment of Debt | ($106.8m) | $0 | ($102.2m) | $0 | $0 | — | — | — | — | — | — | |
| Repayments of Long-term Debt | $1.1b | $0 | $408.2m | $0 | $0 | — | $0 | $0 | $600.0m | $0 | ($18.1m) | |
| Proceeds from Issuance of Long-term Debt | $0 | $500.0m | $300.0m | $0 | $0 | — | $0 | $0 | $1.1b | $750.0m | $0 | |
| Payments for Repurchase of Common Stock | $184.8m | $230.2m | $234.8m | $207.5m | $330.3m | $45.4m | $1.1b | $458.7m | $453.9m | $418.2m | — | |
| Proceeds from Issuance of Common Stock | $99.3m | $113.1m | $37.8m | $59.3m | $525.9m | $46.2m | $40.2m | $35.4m | $43.6m | $55.6m | $25.0m | |
| Dividends paid | $268.2m | $279.1m | $313.5m | $370.8m | $322.3m | $202.6m | $563.0m | $589.8m | $628.4m | $658.5m | ($693.0m) | |
| Payments of Dividends | $268.2m | $279.1m | $313.5m | $370.8m | $322.3m | $202.6m | $563.0m | $589.8m | $628.4m | $658.5m | ($693.0m) | |
| Other Interest and Dividend Income | $1.1m | $1.3m | $800k | $3.8m | $4.9m | $1.7m | $1.9m | $7.8m | $4.5m | $3.4m | — | |
| Proceeds from (Payments for) Other Financing Activities | — | — | ($12.5m) | $100k | $600k | $0 | ($2.7m) | ($200k) | — | — | — | |
| Net Cash Provided by (Used in) Financing Activities | ($1.1b) | — | — | ($484.2m) |
$138.7m
+128.65%
|
($478.9m)
-445.28%
|
($1.6b)
-236.12%
|
($1.0b)
+35.82%
|
($483.4m)
+53.21%
|
($385.8m)
+20.19%
|
($1.2b)
-201.66%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | ($86.2m) | $310.4m | $306.0m | $451.4m | ($742.6m) | ($55.9m) | ($196.1m) | $34.4m | $227.6m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | ($86.2m) | $310.4m | $763.3m | $1.2b | $472.1m | $416.2m | $220.1m | $254.5m | $227.6m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Proceeds from Stock Options Exercised | — | $107.8m | $32.0m | $52.2m | $12.4m | $36.6m | $29.7m | $24.2m | $31.8m | $42.8m | — | |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $140.8m | $37.0m | $155.5m | $50.8m | $57.6m | $62.5m | $65.0m | $82.4m | $135.1m | $171.9m | — | |
| Income Taxes Paid, Net | $128.0m | $106.2m | $25.7m | $23.7m | $300k | $62.5m | $102.6m | $47.4m | $136.3m | $148.5m | — | |
| Additional Financial Items | ||||||||||||
| Derivative, Gain (Loss) on Derivative, Net | $1.7m | — | — | — | — | — | — | — | — | — | — | |
| Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal | $5.9m | $10.4m | $1.1m | $700k | $2.4m | $2.1m | $4.8m | $15.1m | ($13.1m) | ($48.1m) | — | |
| Foreign Currency Transaction Gain (Loss), Realized | ($1.8m) | ($800k) | $1.2m | ($1.0m) | $200k | $600k | $0 | $0 | $0 | $0 | — | |
| General and Administrative Expense | $384.9m | $387.7m | $409.8m | $405.5m | $376.4m | $396.2m | $373.2m | $386.1m | $479.2m | $520.3m | — | |
| Goodwill | $872.3m | $1.2b | $1.2b | $1.2b | $1.0b | $1.0b | $1.0b | $1.0b | $1.4b | $1.7b | ($10.7m) | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | $359.7m | $482.5m | $603.8m | $718.6m | ($49.2m) | $632.4m | $954.7m | $983.5m | $1.0b | $1.1b | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | $15.3m | ($3.4m) | ($7.8m) | ($5.2m) | ($3.2m) | ($3.1m) | ($1.9m) | ($1.6m) | ($2.9m) | ($1.4m) | — | |
| Income Tax Expense (Benefit) | $90.0m | $154.8m | $1.9m | $63.7m | ($111.8m) | ($55.9m) | $138.8m | $137.0m | $145.0m | $136.2m | — | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | $93.5m | $115.9m | — | |
| Pension Expense (Reversal of Expense), Noncash | — | — | — | — | $145.5m | $0 | $0 | — | — | — | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.