LONG-TERM DEBT (Tables)

12 Months Ended

May 27, 2018

Debt Disclosure [Abstract]

Schedule of Long-Term Debt Instruments

	May 27, 2018			May 28, 2017
4.65% senior debt due January 2043	$	176.7		$	176.7
6.625% senior debt due August 2039	91.4			91.4
8.25% senior debt due September 2030	300.0			300.0
7.0% senior debt due October 2028	382.2			382.2
6.7% senior debt due August 2027	9.2			9.2
7.125% senior debt due October 2026	262.5			262.5
3.2% senior debt due January 2023	837.0			837.0
3.25% senior debt due September 2022	250.0			250.0
9.75% subordinated debt due March 2021	195.9			195.9
LIBOR plus 0.50% senior debt due October 2020	500.0			—
4.95% senior debt due August 2020	126.6			126.6
LIBOR plus 0.75% term loan due February 2019	300.0			—
2.1% senior debt due March 2018	—			70.0
1.9% senior debt due January 2018	—			119.6
2.00% to 9.59% lease financing obligations due on various dates through 2033	94.7			131.2
Other indebtedness	0.2			0.2
Total face value of debt	3,526.4			2,952.5
Unamortized fair value adjustment	27.6			30.8
Unamortized discounts	(5.8		)	(6.4		)
Unamortized debt issuance costs	(11.3		)	(10.9		)
Adjustment due to hedging activity	1.6			2.2
Less current installments	(307.0		)	(199.0		)
Total long-term debt	$	3,231.5		$	2,769.2

Schedule of Aggregate Minimum Principal Maturities of Long-Term Debt

The aggregate minimum principal maturities of the long-term debt for each of the five fiscal years following May 27, 2018, are as follows:

2019	$	307.1
2020	6.7
2021	829.4
2022	6.9
2023	1,093.6

Schedule of Net Interest Expense

Net interest expense consists of:

	2018			2017			2016
Long-term debt	$	161.2		$	203.6		$	302.9
Short-term debt	4.8			0.6			1.9
Interest income	(3.8		)	(3.7		)	(1.2		)
Interest capitalized	(3.5		)	(5.0		)	(7.8		)
	$	158.7		$	195.5		$	295.8