v3.26.1
DERIVATIVE FINANCIAL INSTRUMENTS (Tables)
9 Months Ended
Feb. 22, 2026
DERIVATIVE FINANCIAL INSTRUMENTS  
Schedule of net derivative gains (losses) from economic hedges

Thirteen Weeks Ended

Thirty-Nine Weeks Ended

  ​ ​ ​

February 22, 2026

  ​ ​ ​

February 23, 2025

  ​ ​ ​

February 22, 2026

  ​ ​ ​

February 23, 2025

Gross derivative gains (losses) incurred

$

1.1

$

8.0

$

(1.4)

$

12.0

Less: Net derivative gains (losses) allocated to reporting segments

(1.6)

0.3

(0.5)

(5.3)

Net derivative gains (losses) recognized in general corporate expenses

$

2.7

$

7.7

$

(0.9)

$

17.3

Net derivative gains (losses) allocated to Grocery & Snacks

$

1.4

$

(1.3)

$

4.3

$

(5.4)

Net derivative losses allocated to Refrigerated & Frozen

(1.2)

(1.1)

(0.8)

(3.4)

Net derivative gains (losses) allocated to International

(1.9)

2.9

(4.3)

4.2

Net derivative gains (losses) allocated to Foodservice

0.1

(0.2)

0.3

(0.7)

Net derivative gains (losses) included in segment operating profit

$

(1.6)

$

0.3

$

(0.5)

$

(5.3)

Schedule of Derivatives Not Designated as Hedging Instruments

Location in Condensed Consolidated
Statements of Operations of Gains (Losses)

Gains (Losses) Recognized on
Derivatives in Condensed Consolidated
Statements of Operations for the
Thirteen Weeks Ended

Derivatives Not Designated as Hedging Instruments

  ​ ​ ​

Recognized on Derivatives

  ​ ​ ​

February 22, 2026

  ​ ​ ​

February 23, 2025

Commodity contracts

Cost of goods sold

$

7.8

$

6.4

Foreign exchange contracts

Cost of goods sold

(6.7)

1.6

Total gains from derivative instruments not designated as hedging instruments

$

1.1

$

8.0

Location in Condensed Consolidated
Statements of Operations of Gains (Losses)

Gains (Losses) Recognized on
Derivatives in Condensed Consolidated
Statements of Operations for the
Thirty-Nine Weeks Ended

Derivatives Not Designated as Hedging Instruments

  ​ ​ ​

Recognized on Derivatives

  ​ ​ ​

February 22, 2026

  ​ ​ ​

February 23, 2025

Commodity contracts

Cost of goods sold

$

5.6

$

2.0

Foreign exchange contracts

Cost of goods sold

(7.0)

10.0

Total gains (losses) from derivative instruments not designated as hedging instruments

$

(1.4)

$

12.0