v3.26.1
GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)
 12 Months Ended
May 31, 2026
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Components of Goodwill and Other Intangible Assets The components of goodwill and other intangible assets are as follows:
In Millions
May 31, 2026
May 25, 2025
Goodwill
$14,122.4
$15,622.4
Other intangible assets:
Intangible assets not subject to amortization:
Brands
6,472.2
6,816.7
Intangible assets subject to amortization:
Customer relationships and other finite-lived intangibles
412.4
420.9
Less accumulated amortization
(167.7)
(156.2)
Intangible assets subject to amortization, net
244.7
264.7
Other intangible assets
6,716.9
7,081.4
Total
$20,839.3
$22,703.8
Schedule of Changes in Carrying Amount of Goodwill The changes in the carrying amount of goodwill for fiscal 2024, 2025, and 2026 are as follows:
In Millions
North
America
Retail
North
America Pet
North
America
Foodservice
International
Corporate
and Joint
Ventures
Total
Balance as of May 28, 2023
$6,542.4
$6,062.8
$805.6
$708.4
$392.0
$14,511.2
Acquisitions
—
—
—
318.1
26.9
345.0
Impairment charge
—
—
—
(117.1)
—
(117.1)
Other activity, primarily foreign
  currency translation
(0.5)
—
(0.1)
7.7
4.5
11.6
Balance as of May 26, 2024
6,541.9
6,062.8
805.5
917.1
423.4
14,750.7
Acquisition
—
1,086.7
—
—
—
1,086.7
Divestiture
(14.6)
—
—
—
—
(14.6)
Reclassified to assets held for sale
(202.6)
—
(50.0)
—
—
(252.6)
Other activity, primarily foreign
  currency translation
(1.2)
—
—
34.6
18.8
52.2
Balance as of May 25, 2025
6,323.5
7,149.5
755.5
951.7
442.2
15,622.4
Impairment charge
—
(1,500.0)
—
—
—
(1,500.0)
Divestiture
(4.8)
—
(0.2)
—
—
(5.0)
Purchase accounting adjustments
—
(31.9)
—
—
—
(31.9)
Other activity, primarily foreign
  currency translation
(0.5)
—
—
26.5
10.9
36.9
Balance as of May 31, 2026
$6,318.2
$5,617.6
$755.3
$978.2
$453.1
$14,122.4
Schedule of Changes in Carrying Amount of Other Intangible Assets The changes in the carrying amount of other intangible assets for fiscal 2024, 2025, and 2026 are as follows:
In Millions
Total
Balance as of May 28, 2023
$6,967.6
Acquisition
132.6
Impairment charges
(103.1)
Other activity, primarily amortization and foreign currency translation
(17.2)
Balance as of May 26, 2024
6,979.9
Acquisition
320.0
Divestiture
(44.4)
Reclassified to assets held for sale
(160.7)
Other activity, primarily amortization and foreign currency translation
(13.4)
Balance as of May 25, 2025
7,081.4
Impairment charges
(302.9)
Reclassified to assets held for sale
(57.2)
Other activity, primarily amortization and foreign currency translation
(4.4)
Balance as of May 31, 2026
$6,716.9