v3.26.3
GOODWILL AND OTHER IDENTIFIABLE INTANGIBLE ASSETS
3 Months Ended
Aug. 30, 2026
Intangible Asset, Goodwill and Other [Abstract]  
GOODWILL AND OTHER IDENTIFIABLE INTANGIBLE ASSETS GOODWILL AND OTHER IDENTIFIABLE INTANGIBLE ASSETS
The following table presents changes in goodwill balances, by segment, for the thirteen weeks ended August 30, 2026:
(in millions)North AmericaInternationalTotal
Balance at May 31, 2026$780.3 $349.8 $1,130.1 
Foreign currency translation adjustment(3.6)(1.6)(5.2)
Balance at August 30, 2026$776.7 $348.2 $1,124.9 
Other identifiable intangible assets were as follows:
August 30, 2026May 31, 2026
(in millions, except useful lives)Weighted
Average
Useful Life
(in years)
Gross
Carrying
Amount
Accumulated
Amortization
Intangible
Assets, Net
Weighted
Average
Useful Life
(in years)
Gross
Carrying
Amount
Accumulated
Amortization
Intangible
Assets, Net
Amortizing intangible assets (a)12$139.5 $(53.4)$86.1 12$140.2 $(51.5)$88.7 
Non-amortizing intangible assets (b)n/a20.5 — 20.5 n/a19.6 — 19.6 
$160.0 $(53.4)$106.6 $159.8 $(51.5)$108.3 
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(a)Amortizing intangible assets are primarily comprised of licensing agreements, brands and customer relationships. Foreign intangible assets are affected by foreign currency translation.
(b)Non-amortizing intangible assets represent brands, trademarks, and carbon credit purchases that are held and applied to settle environmental credit obligations within compliance periods. As of August 30, 2026 and May 31, 2026, we held $2.4 million and $1.6 million, respectively, of carbon credits to be applied in future periods.