v3.26.1
PRE-TAX INCOME AND INCOME TAXES - Schedule of the Tax Effect of Temporary Differences and Carryforwards (Details) - USD ($)
$ in Millions
May 31, 2026
May 25, 2025
INCOME TAXES    
Property, plant and equipment $ 307.7 $ 275.1
Inventory 14.7 14.2
Goodwill, trademarks and other intangible assets 341.3 378.0
Goodwill, trademarks and other intangible assets 621.1 842.8
Right-of-use assets 40.9 51.1
Accrued expenses 15.9 19.1
Compensation related liabilities 30.3 29.7
Pension and other postretirement benefits 55.5 49.0
Investment in unconsolidated subsidiaries 8.0 28.6
Lease liabilities 49.7 59.4
Other liabilities that will give rise to future tax deductions 55.8 65.2
Net capital and operating loss carryforwards 23.3 29.0
Research Expenditures 23.3 45.1
Federal credits 22.8 23.8
Other 27.1 28.7
Other 36.3 33.4
Deferred Tax Assets, Gross 604.2 692.2
Deferred Tax Liabilities, Gross 1,069.5 1,280.0
Less: Valuation allowance (213.5) (209.4)
Net deferred taxes 1,069.5 1,280.0
Net deferred taxes $ 390.7 $ 482.8