SENIOR LONG-TERM DEBT (Schedule of Debt) (Details) (USD $)
In Millions, unless otherwise specified |
May 25, 2014
|
May 26, 2013
|
May 25, 2014
4.65% Senior Debt Due January 2043
|
May 26, 2013
4.65% Senior Debt Due January 2043
|
Feb. 24, 2013
4.65% Senior Debt Due January 2043
|
May 25, 2014
6.625% Senior Debt Due August 2039 (Including Ralcorp Senior Notes)
|
May 26, 2013
6.625% Senior Debt Due August 2039 (Including Ralcorp Senior Notes)
|
May 25, 2014
8.25% Senior Debt Due September 2030
|
May 26, 2013
8.25% Senior Debt Due September 2030
|
May 25, 2014
7.0% Senior Debt Due October 2028
|
May 26, 2013
7.0% Senior Debt Due October 2028
|
May 25, 2014
6.7% Senior Debt Due August 2027
|
May 26, 2013
6.7% Senior Debt Due August 2027
|
May 25, 2014
7.125% Senior Debt Due October 2026
|
May 26, 2013
7.125% Senior Debt Due October 2026
|
May 25, 2014
3.2% Senior Debt Due January 2023
|
May 26, 2013
3.2% Senior Debt Due January 2023
|
Feb. 24, 2013
3.2% Senior Debt Due January 2023
|
May 25, 2014
3.25% Senior Debt Due September 2022
|
May 26, 2013
3.25% Senior Debt Due September 2022
|
Nov. 25, 2012
3.25% Senior Debt Due September 2022
|
May 25, 2014
9.75% Subordinated Debt Due March 2021
|
May 26, 2013
9.75% Subordinated Debt Due March 2021
|
May 25, 2014
4.95% Senior Debt Due August 2020 (Including Ralcorp Senior Notes)
|
May 26, 2013
4.95% Senior Debt Due August 2020 (Including Ralcorp Senior Notes)
|
May 25, 2014
7.0% Senior Debt Due April 2019
|
May 26, 2013
7.0% Senior Debt Due April 2019
|
May 25, 2014
1.9% Senior Debt Due January 2018
|
May 26, 2013
1.9% Senior Debt Due January 2018
|
Feb. 24, 2013
1.9% Senior Debt Due January 2018
|
May 25, 2014
LIBOR plus 1.75% term loans due January 2018
|
May 26, 2013
LIBOR plus 1.75% term loans due January 2018
|
May 25, 2014
2.1% Senior Debt Due March 2018
|
May 26, 2013
2.1% Senior Debt Due March 2018
|
Nov. 25, 2012
2.1% Senior Debt Due March 2018
|
May 25, 2014
5.819% Senior Debt Due June 2017
|
May 26, 2013
5.819% Senior Debt Due June 2017
|
May 25, 2014
1.3% Senior Debt Due January 2016
|
May 26, 2013
1.3% Senior Debt Due January 2016
|
Feb. 24, 2013
1.3% Senior Debt Due January 2016
|
May 25, 2014
1.35% Senior Debt Due September 2015
|
May 26, 2013
1.35% Senior Debt Due September 2015
|
Nov. 25, 2012
1.35% Senior Debt Due September 2015
|
May 25, 2014
5.875% Senior Debt Due April 2014
|
May 26, 2013
5.875% Senior Debt Due April 2014
|
May 25, 2014
2.00% to 9.59% Lease Financing Obligations Due Through 2029
|
May 26, 2013
2.00% to 9.59% Lease Financing Obligations Due Through 2029
|
May 25, 2014
Other Indebtedness
|
May 26, 2013
Other Indebtedness
|
May 25, 2014
Minimum
2.00% to 9.59% Lease Financing Obligations Due Through 2029
|
May 25, 2014
Maximum
2.00% to 9.59% Lease Financing Obligations Due Through 2029
|
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Debt Instrument [Line Items] | |||||||||||||||||||||||||||||||||||||||||||||||||||
Senior notes | $ 8,737.1 | $ 9,292.2 | $ 937.0 | $ 1,000.0 | $ 1,000.0 | $ 450.0 | $ 450.0 | $ 300.0 | $ 300.0 | $ 382.2 | $ 382.2 | $ 9.2 | $ 9.2 | $ 372.4 | $ 372.4 | $ 1,225.0 | $ 1,225.0 | $ 1,225.0 | $ 250.0 | $ 250.0 | $ 195.9 | $ 195.9 | $ 300.0 | $ 300.0 | $ 500.0 | $ 500.0 | $ 1,000.0 | $ 1,000.0 | $ 1,000.0 | $ 900.0 | $ 900.0 | $ 250.0 | $ 250.0 | $ 500.0 | $ 500.0 | $ 750.0 | $ 750.0 | $ 750.0 | $ 250.0 | $ 250.0 | $ 0 | $ 500.0 | $ 79.0 | $ 77.4 | $ 86.4 | $ 80.1 | |||||
Unamortized fair value adjustment of senior debt in connection with Ralcorp | 154.5 | 161.6 | |||||||||||||||||||||||||||||||||||||||||||||||||
Unamortized discounts/premiums | (46.5) | (57.5) | |||||||||||||||||||||||||||||||||||||||||||||||||
Adjustment due to hedging activity | 6.7 | 8.5 | |||||||||||||||||||||||||||||||||||||||||||||||||
Less current installments | (84.2) | (517.9) | |||||||||||||||||||||||||||||||||||||||||||||||||
Total long-term debt | $ 8,767.6 | $ 8,886.9 | |||||||||||||||||||||||||||||||||||||||||||||||||
Interest rate | 3.25% | 4.65% | 4.65% | 6.625% | 8.25% | 7.00% | 6.70% | 7.125% | 3.20% | 3.20% | 3.25% | 3.25% | 9.75% | 4.95% | 7.00% | 1.90% | 1.90% | 1.75% | 2.10% | 2.10% | 5.819% | 1.30% | 1.30% | 1.35% | 1.35% | 5.875% | 2.00% | 9.59% |