v3.26.1
INCOME TAXES - Schedule of Components of Earnings Before Income Taxes and After-Tax (Loss) Earnings from Joint Ventures and Corresponding Income Taxes Thereon (Details) - USD ($)
$ in Millions
12 Months Ended
May 31, 2026
May 25, 2025
May 26, 2024
Earnings before income taxes and after-tax (loss) earnings from joint ventures:      
United States $ 441.7 $ 2,493.2 $ 2,907.0
Foreign (36.2) 341.8 121.3
Earnings before income taxes and after-tax (loss) earnings from joint ventures 405.5 2,835.0 3,028.3
Income taxes:      
Federal 101.2 549.0 512.8
State and local 65.6 80.1 72.0
Foreign 44.3 65.5 58.2
Total current 211.1 694.6 643.0
Deferred:      
Federal 216.7 (62.6) 27.4
State and local 1.9 (3.3) 9.7
Foreign (15.4) (55.0) (85.6)
Total deferred 203.2 (120.9) (48.5)
Total:      
Federal 317.9 486.4 540.2
State and local 67.5 76.8 81.7
Foreign 28.9 10.5 (27.4)
Total income taxes $ 414.3 $ 573.7 $ 594.5