RESTRUCTURING (Tables)

6 Months Ended

Nov. 24, 2013

Restructuring and Related Activities [Abstract]

Summary of expected realization and incurred restructuring pre-tax expenses

We anticipate that we will recognize the following pre-tax expenses associated with the Initial Phase of the SCAE Plan (amounts include charges recognized in fiscal year 2013 and the first two quarters of fiscal year 2014):

	Consumer Foods		Corporate		Private Brands			Total
Multi-employer pension costs	$	—	$	11.2	$	—		$	11.2
Other cost of goods sold	3.1		—		4.9			8.0
Total cost of goods sold	$	3.1	$	11.2	$	4.9		$	19.2
Severance and related costs	$	3.5	$	30.5	$	13.8		$	47.8
Property relocation	15.8		—		29.3			45.1
Fixed asset impairment / Loss on disposal	—		—		39.3			39.3
Gain on sale of asset	—		—		(0.9		)	(0.9		)
Other selling, general and administrative expenses	11.1		2.1		36.3			49.5
Total selling, general and administrative expenses	$	30.4	$	32.6	$	117.8		$	180.8
Consolidated total	$	33.5	$	43.8	$	122.7		$	200.0

During the second quarter of fiscal 2014, we recognized the following pre-tax expenses for the SCAE Plan:

	Consumer Foods			Corporate		Private Brands		Total
Cost of goods sold	$	(0.1	)	$	—	$	—	$	(0.1	)
Severance and related costs	$	0.6		$	6.3	$	—	$	6.9
Consulting	—			0.3		0.2		0.5
Total selling, general and administrative expenses	$	0.6		$	6.6	$	0.2	$	7.4
Consolidated total	$	0.5		$	6.6	$	0.2	$	7.3

During the first half of fiscal 2014, we recognized the following pre-tax expenses for the SCAE Plan:

	Consumer Foods		Corporate		Private Brands		Total
Cost of goods sold	$	0.2	$	—	$	—	$	0.2
Severance and related costs	$	0.6	$	13.3	$	—	$	13.9
Consulting	—		0.3		0.2		0.5
Total selling, general and administrative expenses	$	0.6	$	13.6	$	0.2	$	14.4
Consolidated total	$	0.8	$	13.6	$	0.2	$	14.6

We anticipate that we will recognize the following pre-tax expenses associated with the Initial Phase of the SCAE Plan (amounts include charges recognized in fiscal year 2013 and the first two quarters of fiscal year 2014):

	Consumer Foods		Corporate		Private Brands			Total
Multi-employer pension costs	$	—	$	11.2	$	—		$	11.2
Other cost of goods sold	3.1		—		4.9			8.0
Total cost of goods sold	$	3.1	$	11.2	$	4.9		$	19.2
Severance and related costs	$	3.5	$	30.5	$	13.8		$	47.8
Property relocation	15.8		—		29.3			45.1
Fixed asset impairment / Loss on disposal	—		—		39.3			39.3
Gain on sale of asset	—		—		(0.9		)	(0.9		)
Other selling, general and administrative expenses	11.1		2.1		36.3			49.5
Total selling, general and administrative expenses	$	30.4	$	32.6	$	117.8		$	180.8
Consolidated total	$	33.5	$	43.8	$	122.7		$	200.0

During the second quarter of fiscal 2014, we recognized the following pre-tax expenses for the SCAE Plan:

	Consumer Foods			Corporate		Private Brands		Total
Cost of goods sold	$	(0.1	)	$	—	$	—	$	(0.1	)
Severance and related costs	$	0.6		$	6.3	$	—	$	6.9
Consulting	—			0.3		0.2		0.5
Total selling, general and administrative expenses	$	0.6		$	6.6	$	0.2	$	7.4
Consolidated total	$	0.5		$	6.6	$	0.2	$	7.3

During the first half of fiscal 2014, we recognized the following pre-tax expenses for the SCAE Plan:

	Consumer Foods		Corporate		Private Brands		Total
Cost of goods sold	$	0.2	$	—	$	—	$	0.2
Severance and related costs	$	0.6	$	13.3	$	—	$	13.9
Consulting	—		0.3		0.2		0.5
Total selling, general and administrative expenses	$	0.6	$	13.6	$	0.2	$	14.4
Consolidated total	$	0.8	$	13.6	$	0.2	$	14.6

All of these charges have resulted or will result in cash outflows.

We recognized the following cumulative (plan inception to November 24, 2013) pre-tax expenses related to the SCAE Plan in our condensed consolidated statement of earnings:

	Consumer Foods		Corporate		Private Brands		Total
Multi-employer pension costs	$	—	$	11.2	$	—	$	11.2
Other cost of goods sold	0.2		—		—		0.2
Total cost of goods sold	$	0.2	$	11.2	$	—	$	11.4
Severance and related costs	$	0.6	$	30.5	$	—	$	31.1
Consulting	—		0.3		0.2		0.5
Total selling, general and administrative expenses	$	0.6	$	30.8	$	0.2	$	31.6
Consolidated total	$	0.8	$	42.0	$	0.2	$	43.0

Liabilities recorded for the restructuring and changes therein

Liabilities recorded for the SCAE Plan and changes therein for the first half of fiscal 2014 were as follows:

	Balance at May 26, 2013		Costs Incurred and Charged to Expense		Costs Paid or  Otherwise Settled			Balance at November 24, 2013
Severance	$	17.2	$	13.9	$	(11.2	)	$	19.9
Multi-employer pension and related costs	11.2		0.7		(0.3		)	11.6
Total	$	28.4	$	14.6	$	(11.5	)	$	31.5