Capital Structure
Below is a summary of Empire’s capital structure as of May 1, 2021, May 2, 2020 and May 4, 2019, respectively.
| ($ in millions) | May 1, 2021 | May 2, 2020 | May 4, 2019 | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Long-term debt due within one year | $ | 46.5 | $ | 570.0 | $ | 36.5 | |||
| Long-term debt | 1,178.8 | 1,105.2 | 1,984.4 | ||||||
| Lease liabilities due within one year | 490.5 | 466.2 | – | ||||||
| Long-term lease liabilities | 5,417.6 | 4,800.0 | – | ||||||
| Funded debt | 7,133.4 | 6,941.4 | 2,020.9 | ||||||
| Less: cash and cash equivalents | (890.5) | (1,008.4) | (553.3) | ||||||
| Net funded debt | 6,242.9 | 5,933.0 | 1,467.6 | ||||||
| Total shareholders’ equity, net of non-controlling interest | 4,372.7 | 3,924.6 | 4,003.3 | ||||||
| Net total capital | $ | 10,615.6 | $ | 9,857.6 | $ | 5,470.9 | |||
| ($ in millions) | May 1, 2021 | May 2, 2020 | May 4, 2019 | ||||||
| Funded debt | $ | 7,133.4 | $ | 6,941.4 | $ | 2,020.9 | |||
| Total shareholders’ equity, net of non-controlling interest | 4,372.7 | 3,924.6 | 4,003.3 | ||||||
| Total capital | $ | 11,506.1 | $ | 10,866 | $ | 6,024.2 | |||
