INVESTMENTS IN JOINT VENTURES (Tables)

12 Months Ended

May 26, 2019

Equity Method Investments and Joint Ventures [Abstract]

Summary of Combined Financial Information

Summarized combined financial information for our equity method investments on a 100% basis is as follows:

	2019		2018		2017
Net Sales:
Ardent Mills	$	3,476.0	$	3,344.1	$	3,180.0
Others	195.4		198.8		177.7
Total net sales	$	3,671.4	$	3,542.9	$	3,357.7
Gross margin:
Ardent Mills	$	281.9	$	386.5	$	340.3
Others	45.5		34.8		34.6
Total gross margin	$	327.4	$	421.3	$	374.9
Earnings after income taxes:
Ardent Mills	$	151.9	$	197.0	$	152.0
Others	18.1		10.1		10.1
Total earnings after income taxes	$	170.0	$	207.1	$	162.1

	May 26, 2019		May 27, 2018
Ardent Mills:
Current assets	$	952.6	$	974.6
Noncurrent assets	1,669.8		1,675.7
Current liabilities	361.2		355.6
Noncurrent liabilities	496.9		510.9
Others:
Current assets	$	89.2	$	76.4
Noncurrent assets	19.0		15.5
Current liabilities	43.4		37.5
Noncurrent liabilities	0.7		0.1