v3.26.1
INCOME TAXES - Schedule of Tax Effects of Temporary Differences that Give Rise to Deferred Tax Assets and Liabilities (Details) - USD ($)
$ in Millions
May 31, 2026
May 25, 2025
Income Tax Disclosure [Abstract]    
Accrued liabilities $ 40.4 $ 42.9
Compensation and employee benefits 119.1 144.3
Unrealized hedges 17.5 23.1
Pension 62.9 74.2
Tax credit carryforwards 89.8 58.1
Stock, partnership, and miscellaneous investments 2.8 4.0
Capitalized research and development 39.8 305.5
Prepayments 0.0 65.9
Capital losses 26.5 28.5
Net operating losses 35.7 265.2
Other 138.3 161.1
Gross deferred tax assets 572.8 1,172.8
Valuation allowance 214.6 253.7
Net deferred tax assets 358.2 919.1
Brands 1,341.5 1,436.0
Fixed assets 394.3 496.1
Intangible assets 199.0 247.3
Inventories 33.7 31.3
Stock, partnership, and miscellaneous investments 532.5 512.2
Other 123.0 110.9
Gross deferred tax liabilities 2,624.0 2,833.8
Net deferred tax liability $ 2,265.8 $ 1,914.7