SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

6 Months Ended

Nov. 24, 2013

Accounting Policies [Abstract]

Income tax expense (benefit) on components of other comprehensive income

The following details the income tax expense (benefit) on components of other comprehensive income (loss):

	Thirteen weeks ended						Twenty-six weeks ended
	November 24, 2013			November 25, 2012			November 24, 2013		November 25, 2012
Net derivative adjustment	$	(3.6	)	$	(0.1	)	$	23.3	$	(1.7	)
Unrealized gains on available-for-sale securities	0.1			—			0.2		—
Pension and postretirement healthcare liabilities	0.7			0.1			0.7		0.6
	$	(2.8	)	$	—		$	24.2	$	(1.1	)

Reclassifications from accumulated other comprehensive loss into income

The following table summarizes the reclassifications from accumulated other comprehensive loss into income for the thirteen weeks and twenty-six weeks ended November 24, 2013:

	Amount reclassified from Accumulated Other Comprehensive Loss						Affected Line Item in the Condensed Consolidated Statement of Earnings
	Thirteen weeks ended			Twenty-six weeks ended
Net derivative adjustment
Fair value hedges	$	0.1		$	0.2		Interest expense, net
Cash flow hedges	(0.1		)	(0.1		)	Interest expense, net
	—			0.1			Total before tax
	—			—			Income tax benefit
	$	—		$	0.1		Net of tax
Amortization of pension and other postretirement benefits:
Net prior service cost	$	(0.9	)	$	(1.7	)	Selling, general and administrative expenses
Net actuarial losses	1.7			3.3			Selling, general and administrative expenses
	0.8			1.6			Total before tax
	(0.3		)	(0.6		)	Income tax benefit
	$	0.5		$	1.0		Net of tax