SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

3 Months Ended

Aug. 24, 2014

Accounting Policies [Abstract]

Income tax expense (benefit) on components of other comprehensive income

The following details the income tax expense (benefit) on components of other comprehensive income (loss):

	Thirteen Weeks Ended
	August 24, 2014			August 25, 2013
Net derivative adjustment	$	(0.2	)	$	26.9
Unrealized gains on available-for-sale securities	—			0.1
Pension and postretirement healthcare liabilities	0.9			—
	$	0.7		$	27.0

Reclassifications from accumulated other comprehensive loss into income

The following table summarizes the reclassifications from accumulated other comprehensive loss into income :

	Thirteen Weeks Ended						Affected Line Item in the Condensed Consolidated Statement of Earnings
	August 24, 2014			August 25, 2013
Net derivative adjustment:
Fair value hedges	$	—		$	0.1		Interest expense, net
Cash flow hedges	(0.5		)	—			Interest expense, net
	(0.5		)	0.1			Total before tax
	0.2			—			Income tax expense
	$	(0.3	)	$	0.1		Net of tax
Amortization of pension and postretirement healthcare liabilities:
Net prior service cost	$	(1.1	)	$	(0.8	)	Selling, general and administrative expenses
Net actuarial losses	0.9			1.6			Selling, general and administrative expenses
	(0.2		)	0.8			Total before tax
	0.1			(0.3		)	Income tax expense (benefit)
	$	(0.1	)	$	0.5		Net of tax