v3.26.3
Restructuring, Transformation, Impairment, and Other Exit Costs (Tables)
3 Months Ended
Aug. 30, 2026
Restructuring and Related Activities [Abstract]  
Schedule of Restructuring, Transformation and Impairment Charges Restructuring, transformation, and impairment charges were as follows:
Quarter Ended
In Millions
Aug. 30, 2026
Aug. 24, 2025
Valuation loss on held for sale business
$23.7
$
Charges associated with restructuring and transformation actions previously announced
0.2
18.3
Total
$23.9
$18.3
Restructuring, transformation, and impairment charges are recorded in our Consolidated Statements of Earnings as follows:
Quarter Ended
In Millions
Aug. 30, 2026
Aug. 24, 2025
Restructuring, transformation, impairment, and other exit costs
$21.4
$16.3
Cost of sales
2.5
2.0
Total restructuring, transformation, and impairment charges
$23.9
$18.3
Schedule of Restructuring, Transformation, and Impairment Charges and Restructuring, Transformation, and Other Exit Cost Reserves, Included in Other Current Liabilities The roll forward of our restructuring, transformation, and other exit cost reserves, included in other current liabilities, is as follows:
In Millions
Total
Reserve balance as of May 31, 2026
$49.9
Fiscal 2027 charges, including foreign currency translation
0.2
Utilized in fiscal 2027
(9.6)
Reserve balance as of Aug. 30, 2026
$40.5