FAIR VALUE MEASUREMENTS (Tables)

9 Months Ended

Feb. 23, 2014

Fair Value, Assets, Liabilities and Stockholders' Equity Measured on Recurring Basis [Abstract]

Fair Value of Assets and Liabilities Measured on Recurring Basis

The following table presents our financial assets and liabilities measured at fair value on a recurring basis based upon the level within the fair value hierarchy in which the fair value measurements fall, as of February 23, 2014:

	Level 1		Level 2		Level 3		Net Value
Assets:
Derivative assets	$	13.7	$	73.3	$	—	$	87.0
Available-for-sale securities	2.2		—		—		2.2
Deferred compensation assets	5.7		—		—		5.7
Total assets	$	21.6	$	73.3	$	—	$	94.9
Liabilities:
Derivative liabilities	$	—	$	35.1	$	—	$	35.1
Deferred compensation liabilities	42.1		—		—		42.1
Total liabilities	$	42.1	$	35.1	$	—	$	77.2

The following table presents our financial assets and liabilities measured at fair value on a recurring basis based upon the level within the fair value hierarchy in which the fair value measurements fall, as of May 26, 2013:

	Level 1		Level 2		Level 3		Net Value
Assets:
Derivative assets	$	13.9	$	64.7	$	—	$	78.6
Available-for-sale securities	6.1		—		—		6.1
Deferred compensation assets	6.9		—		—		6.9
Total assets	$	26.9	$	64.7	$	—	$	91.6
Liabilities:
Derivative liabilities	$	—	$	137.9	$	—	$	137.9
Deferred compensation liabilities	35.9		—		—		35.9
Total liabilities	$	35.9	$	137.9	$	—	$	173.8