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PRE-TAX INCOME AND INCOME TAXES - Schedule of the Tax Effect of Temporary Differences and Carryforwards (Details) - USD ($)
$ in Millions
May 27, 2018
May 28, 2017
Assets    
Accrued expenses $ 15.5 $ 20.2
Compensation related liabilities 34.1 63.9
Pension and other postretirement benefits 45.8 275.2
Other liabilities that will give rise to future tax deductions 109.7 117.9
Net capital and operating loss carryforwards 762.5 1,112.5
Other 26.3 60.0
Gross deferred tax assets 993.9 1,649.7
Less: Valuation allowance (739.6) (1,013.4)
Net deferred taxes 254.3 636.3
Liabilities    
Property, plant and equipment 141.0 216.6
Goodwill, trademarks and other intangible assets 406.2 623.4
Investment in unconsolidated subsidiaries 165.8 237.8
Other 6.1 6.3
Gross deferred tax liabilities 719.1 1,084.1
Net deferred taxes $ 719.1 $ 1,084.1