v3.26.1
GOODWILL AND OTHER IDENTIFIABLE INTANGIBLE ASSETS (Tables)
9 Months Ended
Feb. 22, 2026
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Changes in the Carrying Amount of Goodwill
The following table presents changes in goodwill balances, by segment, for the thirty-nine weeks ended February 22, 2026:
(in millions)North AmericaInternationalTotal
Balance at May 25, 2025$753.2 $337.0 $1,090.2 
Foreign currency translation adjustment30.6 14.2 44.8 
Balance at February 22, 2026$783.8 $351.2 $1,135.0 
Schedule of Other Identifiable Intangible Assets, Non-Amortizing Intangible Assets
Other identifiable intangible assets were as follows:
February 22, 2026May 25, 2025
(in millions, except useful lives)Weighted
Average
Useful Life
(in years)
Gross
Carrying
Amount
Accumulated
Amortization
Intangible
Assets, Net
Weighted
Average
Useful Life
(in years)
Gross
Carrying
Amount
Accumulated
Amortization
Intangible
Assets, Net
Non-amortizing intangible assets (a)n/a$18.0 $— $18.0 n/a$18.0 $— $18.0 
Amortizing intangible assets (b)12141.1 (49.4)91.7 13140.8 (44.8)96.0 
$159.1 $(49.4)$109.7 $158.8 $(44.8)$114.0 
___________________________________________
(a)Non-amortizing intangible assets represent brands and trademarks.
(b)Amortizing intangible assets are principally composed of licensing agreements, brands, and customer relationships. Foreign intangible assets are affected by foreign currency translation.
Schedule of Other Identifiable Intangible Assets, Amortizing Intangible Assets
Other identifiable intangible assets were as follows:
February 22, 2026May 25, 2025
(in millions, except useful lives)Weighted
Average
Useful Life
(in years)
Gross
Carrying
Amount
Accumulated
Amortization
Intangible
Assets, Net
Weighted
Average
Useful Life
(in years)
Gross
Carrying
Amount
Accumulated
Amortization
Intangible
Assets, Net
Non-amortizing intangible assets (a)n/a$18.0 $— $18.0 n/a$18.0 $— $18.0 
Amortizing intangible assets (b)12141.1 (49.4)91.7 13140.8 (44.8)96.0 
$159.1 $(49.4)$109.7 $158.8 $(44.8)$114.0 
___________________________________________
(a)Non-amortizing intangible assets represent brands and trademarks.
(b)Amortizing intangible assets are principally composed of licensing agreements, brands, and customer relationships. Foreign intangible assets are affected by foreign currency translation.