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DERIVATIVE FINANCIAL INSTRUMENTS (Tables)
3 Months Ended
Aug. 26, 2018
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivative Assets and Liabilities and Amounts Representing Right to Reclaim or Obligation to Return Cash Collateral
Derivative assets and liabilities and amounts representing a right to reclaim cash collateral or an obligation to return cash collateral were reflected in our Condensed Consolidated Balance Sheets as follows:
 
August 26,
2018
 
May 27,
2018
Prepaid expenses and other current assets
$
4.4

 
$
4.4

Other accrued liabilities
58.6

 
0.1

Schedule of Derivative Assets and Liabilities on a Gross Basis
The following table presents our derivative assets and liabilities, at August 26, 2018, on a gross basis, prior to the setoff of $1.6 million to total derivative assets and $4.0 million to total derivative liabilities where legal right of setoff existed:
 
Derivative Assets
 
Derivative Liabilities
 
Balance Sheet
Location
 
Fair Value
 
Balance Sheet
Location
 
Fair Value
Interest rate swap contracts
Prepaid expenses and other current assets
 
$

 
Other accrued liabilities
 
$
58.1

Total derivatives designated as hedging instruments
 
$

 
 
 
$
58.1

Commodity contracts
Prepaid expenses and other current assets
 
$
1.0

 
Other accrued liabilities
 
$
4.0

Foreign exchange contracts
Prepaid expenses and other current assets
 
1.8

 
Other accrued liabilities
 
0.5

Total derivatives not designated as hedging instruments
 
$
2.8

 
 
 
$
4.5

Total derivatives
 
 
$
2.8

 
 
 
$
62.6

The following table presents our derivative assets and liabilities at May 27, 2018, on a gross basis, prior to the setoff of $1.4 million to total derivative assets and $0.4 million to total derivative liabilities where legal right of setoff existed:
 
Derivative Assets
 
Derivative Liabilities
 
Balance Sheet
Location
 
Fair Value
 
Balance Sheet
Location
 
Fair Value
Commodity contracts
Prepaid expenses and other current assets
 
$
3.7

 
Other accrued liabilities
 
$
0.4

Foreign exchange contracts
Prepaid expenses and other current assets
 
2.1

 
Other accrued liabilities
 

Other
Prepaid expenses and other current assets
 

 
Other accrued liabilities
 
0.1

Total derivatives not designated as hedging instruments
 
$
5.8

 
 
 
$
0.5

Schedule of Location and Amount of Gain (Loss) from Derivatives Not Designated as Hedging Instruments
The location and amount of gains (losses) from derivatives not designated as hedging instruments in our Condensed Consolidated Statements of Earnings were as follows:
Derivatives Not Designated as Hedging Instruments
 
Location in Condensed Consolidated  Statements of Earnings of Gains (Losses) Recognized on Derivatives
 
Gains (Losses) Recognized on Derivatives in Condensed Consolidated Statements of Earnings for the Thirteen Weeks Ended
August 26, 2018
 
August 27, 2017
Commodity contracts
 
Cost of goods sold
 
$
(7.0
)
 
$
0.6

Foreign exchange contracts
 
Cost of goods sold
 
0.5

 
(8.0
)
Foreign exchange contracts
 
Selling, general and administrative expense
 

 
0.3

Total losses from derivative instruments not designated as hedging instruments
 
$
(6.5
)
 
$
(7.1
)