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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
 12 Months Ended
May 25, 2014
Accounting Policies [Abstract]  
Property plant and equipment estimated useful lives of respective classes of assets
Depreciation has been calculated using the straight-line method over the estimated useful lives of the respective classes of assets as follows:
 
 
 
Land improvements
  
1 - 40 years 
Buildings
  
15 - 40 years
Machinery and equipment
  
3 - 20 years 
Furniture, fixtures, office equipment and other
  
5 - 15 years 
Balances in accumulated other comprehensive income (loss), net of tax
The following is a rollforward of the balances in accumulated other comprehensive income (loss), net of tax (except for currency translation adjustment):
 
Currency
Translation
Adjustment,
Net of
Reclassification
Adjustments
 
Net
Derivative
Adjustment, Net
of  Reclassification
Adjustments
 
Unrealized
Gain (Loss) on
Available-
For-Sale
Securities, Net
of
Reclassification
Adjustments
 
Pension and
Postretirement
Adjustments
 
Accumulated
Other
Comprehensive
Income (Loss)
Balance at May 29, 2011
$
94.6

 
$
(8.2
)
 
$
(1.3
)
 
$
(176.3
)
 
$
(91.2
)
Current-period change
(52.0
)
 
(89.1
)
 
(0.1
)
 
(66.7
)
 
(207.9
)
Balance at May 27, 2012
42.6

 
(97.3
)
 
(1.4
)
 
(243.0
)
 
(299.1
)
Current-period change
2.8

 
32.8

 
0.2

 
67.2

 
103.0

Balance at May 26, 2013
45.4

 
(64.5
)
 
(1.2
)
 
(175.8
)
 
(196.1
)
Current-period change
(21.7
)
 
65.7

 
0.1

 
17.7

 
61.8

Balance at May 25, 2014
$
23.7

 
$
1.2

 
$
(1.1
)
 
$
(158.1
)
 
$
(134.3
)
Income tax expense benefit on components of other comprehensive income loss
The following details the income tax expense (benefit) on components of other comprehensive income (loss):
 
2014
 
2013
 
2012
Net derivative adjustment
$
38.9

 
$
19.3

 
$
(52.7
)
Unrealized gains (losses) on available-for-sale securities
0.1

 
0.1

 
(0.1
)
Pension and postretirement healthcare liabilities
9.4

 
42.0

 
(35.4
)
 
$
48.4

 
$
61.4

 
$
(88.2
)
Reclassification out of Accumulated Other Comprehensive Income [Table Text Block]
The following table summarizes the reclassifications from accumulated other comprehensive loss into income:
 
Amount reclassified from Accumulated Other Comprehensive Loss
 
Affected Line Item in the Condensed Consolidated Statement of Earnings
 
2014
 
 
Net derivative adjustment:
 
 
 
     Fair value hedges
$
0.3

 
Interest expense, net
     Cash flow hedges
(0.2
)
 
Interest expense, net
     Cash flow hedges
54.9

 
Selling, general and administrative expenses
 
55.0

 
Total before tax
 
(20.6
)
 
Income tax benefit
 
$
34.4

 
Net of tax effect
Amortization of pension and postretirement healthcare liabilities:
 
 
 
     Net prior service benefit
$
(3.4
)
 
Selling, general and administrative expenses
     Net actuarial losses
6.7

 
Selling, general and administrative expenses
 
3.3

 
Total before tax
 
(1.2
)
 
Income tax benefit
 
$
2.1

 
Net of tax effect