v3.26.3
Fair Value Measurements (Tables)
 3 Months Ended
Aug. 30, 2026
Fair Value Disclosures [Abstract]  
Schedule of Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation Fair value measurements are categorized in three levels based on the types of significant inputs used, as follows:
Level 1Quoted prices in active markets for identical assets or liabilities
Level 2Observable inputs other than quoted prices in active markets for identical assets or liabilities
Level 3Unobservable inputs that cannot be corroborated by observable market data
Schedule of Fair Values of Financial Instruments Measured at Fair Value on Recurring Basis
The following tables summarize the fair values of financial instruments measured at fair value on a recurring basis as of August 30, 2026 and May 31, 2026.
Items Measured at Fair Value at August 30, 2026
(in millions)Fair Value
of Assets
(Liabilities)		Quoted Prices
in Active
Market for
Identical Assets
(Liabilities)
(Level 1)		Significant
Other
Observable
Inputs
(Level 2)		Significant
Unobservable Inputs
(Level 3)
Derivatives:
Commodities futures, swaps, & options(1)0.7 $— $0.7 $— 
Equity forwards(2)(5.1)— (5.1)— 
Total$(4.4)$— $(4.4)$— 
Items Measured at Fair Value at May 31, 2026
(in millions)Fair Value
of Assets
(Liabilities)		Quoted Prices
in Active
Market for
Identical Assets
(Liabilities)
(Level 1)		Significant
Other
Observable
Inputs
(Level 2)		Significant
Unobservable Inputs
    (Level 3)    
Derivatives:
Equity forwards(2)4.2 — 4.2 — 
Interest rate swaps(3)(36.0)— (36.0)— 
Total$(31.8)— $(31.8)— 
(1)The fair value of our commodities futures, swaps, and options is based on closing market prices of commodity contracts, inclusive of the risk of nonperformance.
(2)The fair value of equity forwards is based on the closing market value of Darden stock, inclusive of the risk of nonperformance.
(3)The fair value of our interest rate swap agreements is based on current and expected market interest rates, inclusive of the risk of nonperformance.