FAIR VALUE MEASUREMENTS (Tables)

6 Months Ended

Nov. 26, 2017

Fair Value Disclosures [Abstract]

Schedule of Financial Assets and Liabilities Measured at Fair Value on a 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 November 26, 2017:

	Level 1		Level 2		Level 3		Net Value
Assets:
Derivative assets	$	3.3	$	0.9	$	—	$	4.2
Available-for-sale securities	4.3		—		—		4.3
Total assets	$	7.6	$	0.9	$	—	$	8.5
Liabilities:
Derivative liabilities	$	—	$	2.0	$	—	$	2.0
Deferred compensation liabilities	53.7		—		—		53.7
Total liabilities	$	53.7	$	2.0	$	—	$	55.7

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 28, 2017:

	Level 1		Level 2		Level 3		Net Value
Assets:
Derivative assets	$	2.0	$	0.3	$	—	$	2.3
Available-for-sale securities	3.5		—		—		3.5
Total assets	$	5.5	$	0.3	$	—	$	5.8
Liabilities:
Derivative liabilities	$	—	$	1.3	$	—	$	1.3
Deferred compensation liabilities	47.2		—		—		47.2
Total liabilities	$	47.2	$	1.3	$	—	$	48.5