Capital Structure
Below is a summary of Empire’s capital structure as of May 2, 2020, May 4, 2019 and May 5, 2018, respectively.
| ($ in millions) | May 2, 2020 | May 4, 2019 | May 5, 2018 | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Long-term debt due within one year | $ | 570.0 | $ | 36.5 | $ | 527.4 | |||
| Long-term debt | 1,105.2 | 1,984.4 | 1,139.5 | ||||||
| Funded debt | 6,941.4 | 2,020.9 | 1,666.9 | ||||||
| Less: cash and cash equivalents | (1,008.4) | (553.3) | (627.9) | ||||||
| Net funded debt | 5,933.0 | 1,467.6 | 1,039.0 | ||||||
| Total shareholders’ equity, net of non-controlling interest | 3,924.6 | 4,003.3 | 3,702.8 | ||||||
| Net total capital | $ | 9,857.6 | $ | 5,470.9 | $ | 4,741.8 | |||
| ($ in millions) | May 2, 2020 | May 4, 2019 | May 5, 2018 | ||||||
| Funded debt | $ | 6,941.4 | $ | 2,020.9 | $ | 1,666.9 | |||
| Total shareholders’ equity, net of non-controlling interest | 3,924.6 | 4,003.3 | 3,702.8 | ||||||
| Total capital | $ | 10,866 | $ | 6,024.2 | $ | 5,369.7 | |||
