DISCONTINUED OPERATIONS (Tables)

9 Months Ended

Feb. 23, 2014

Discontinued Operations and Disposal Groups [Abstract]

Schedule of disposal groups, including discontinued operations, income statement, balance sheet and additional disclosures

The summary comparative financial results of discontinued operations were as follows:

	Thirteen weeks ended					Thirty-nine weeks ended
	February 23, 2014			February 24, 2013		February 23, 2014			February 24, 2013
Net sales	$	16.9		$	14.7	$	62.0		$	32.6
Long-lived asset impairment charge	(25.4		)	—		(25.4		)	—
Income (loss) from operations of discontinued operations before income taxes	1.9			0.8		39.1			(1.4		)
Income (loss) before income taxes	(23.5		)	0.8		13.7			(1.4		)
Income tax expense (benefit)	(9.5		)	0.3		6.5			(0.5		)
Income (loss) from discontinued operations, net of tax	$	(14.0	)	$	0.5	$	7.2		$	(0.9	)

Assets and liabilities classified as held for sale

The assets and liabilities classified as held for sale reflected in our Condensed Consolidated Balance Sheets were as follows:

	February 23, 2014		May 26, 2013
Receivables, less allowance for doubtful accounts	$	7.8	$	6.8
Inventories	45.8		53.3
Prepaids and other current assets	2.4		4.7
Current assets held for sale	$	56.0	$	64.8
Property, plant and equipment, net	$	80.9	$	101.7
Goodwill	—		24.0
Brands, trademarks and other intangibles, net	6.0		18.4
Noncurrent assets held for sale	$	86.9	$	144.1
Accounts payable	$	4.5	$	3.4
Accrued payroll	0.2		0.1
Other accrued liabilities	1.6		1.3
Current liabilities held for sale	$	6.3	$	4.8
Other noncurrent liabilities	$	0.2	$	0.1
Noncurrent liabilities held for sale	$	0.2	$	0.1