FAIR VALUE MEASUREMENTS (Tables)

6 Months Ended

Nov. 25, 2018

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 25, 2018:

	Level 1		Level 2		Level 3		Net Value
Assets:
Derivative assets	$	1.2	$	2.3	$	—	$	3.5
Equity securities	5.7		—		—		5.7
Deferred compensation assets	10.5		—		—		10.5
Total assets	$	17.4	$	2.3	$	—	$	19.7
Liabilities:
Derivative liabilities	$	—	$	1.6	$	—	$	1.6
Deferred compensation liabilities	68.2		—		—		68.2
Total liabilities	$	68.2	$	1.6	$	—	$	69.8

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 27, 2018:

	Level 1		Level 2		Level 3		Net Value
Assets:
Derivative assets	$	1.7	$	2.7	$	—	$	4.4
Equity securities	4.8		—		—		4.8
Total assets	$	6.5	$	2.7	$	—	$	9.2
Liabilities:
Derivative liabilities	$	—	$	0.1	$	—	$	0.1
Deferred compensation liabilities	51.6		—		—		51.6
Total liabilities	$	51.6	$	0.1	$	—	$	51.7