XML 127 R112.htm IDEA: XBRL DOCUMENT v3.19.2
PENSION AND POSTRETIREMENT BENEFITS - Narrative (Details) - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Nov. 26, 2017
May 26, 2019
May 27, 2018
May 28, 2017
May 29, 2016
Sep. 30, 2017
Aug. 27, 2017
Dec. 31, 2016
Nov. 09, 2016
Defined Benefit Plan Disclosure [Line Items]                  
Expense related to expected incurrence of certain multi-employer plan withdrawal costs   $ 0.3 $ 0.6 $ 4.0          
Fair value of certain investments   51.0              
Fair value of funds which have imposed such gates   4.2              
Additional expense related to expected incurrence of certain withdrawal costs   0.3 0.6 4.0          
Expense related to defined contribution plans   $ 39.9 $ 24.5 18.0          
Generally less than                  
Defined Benefit Plan Disclosure [Line Items]                  
Maximum allowable funding percentage to be in critical status   65.00%              
Maximum allowable funding percentage to be in endangered status   80.00%              
Generally at least                  
Defined Benefit Plan Disclosure [Line Items]                  
Minimum required funding percentage to be in the green zone   80.00%              
Percentage of plan's total contribution under Forms 5500 (more than)   5.00%              
Private equity funds                  
Defined Benefit Plan Disclosure [Line Items]                  
Unfunded commitments for additional investments   $ 48.3              
Natural resources funds                  
Defined Benefit Plan Disclosure [Line Items]                  
Unfunded commitments for additional investments   $ 17.0              
Fixed income securities                  
Defined Benefit Plan Disclosure [Line Items]                  
Target allocation (percent)   90.00%              
Return seeking securities                  
Defined Benefit Plan Disclosure [Line Items]                  
Target allocation (percent)   10.00%              
Pension Benefits                  
Defined Benefit Plan Disclosure [Line Items]                  
Effective discount rate assumption   3.88% 4.14%         4.11%  
Decrease to underfunded status of the pension plans   $ 0.0 $ 79.5            
Charge reflecting year-end write-off of actuarial losses $ 3.4   5.1 3.4 $ 1.2        
Accumulated benefit obligation   3,700.0 3,400.0            
Lump-sum settlement payments   0.0 10.2 287.5          
Settlement charge   0.0 1.3 13.8          
Benefit to accumulated other comprehensive income (loss)       62.2          
Pre-tax reduction in total pension benefit cost associated with change in accounting estimate   (16.4) $ (49.0) (0.9)          
Anticipated contributions to plans in fiscal 2020   $ 14.2              
Other Benefits                  
Defined Benefit Plan Disclosure [Line Items]                  
Effective discount rate assumption   3.48% 3.81%            
Decrease to underfunded status of the pension plans   $ 0.6 $ 0.0            
Lump-sum settlement payments   0.5 0.0            
Settlement charge   (1.0) 0.0 0.0          
Pre-tax reduction in total pension benefit cost associated with change in accounting estimate   (1.3) $ 0.7 (1.2)          
Anticipated contributions to plans in fiscal 2020   $ 10.8              
Spinoff | Pension Benefits                  
Defined Benefit Plan Disclosure [Line Items]                  
Effective discount rate assumption         3.86% 3.78% 3.90%   4.04%
Decrease to underfunded status of the pension plans 43.5     66.0          
Pension curtailment gain (charge) within other comprehensive income (loss) $ (0.7)     19.5          
Discontinued operations                  
Defined Benefit Plan Disclosure [Line Items]                  
Expense related to expected incurrence of certain multi-employer plan withdrawal costs       2.1          
Restructuring activities                  
Defined Benefit Plan Disclosure [Line Items]                  
Expense related to expected incurrence of certain multi-employer plan withdrawal costs       1.9          
Change in Assumptions for Defined Benefit Plans | Pension Benefits                  
Defined Benefit Plan Disclosure [Line Items]                  
Pre-tax reduction in total pension benefit cost associated with change in accounting estimate       $ 27.0