Discontinued Operations and Divestitures (Tables)

12 Months Ended

May 29, 2011

Discontinued Operations and Divestitures [Abstract]

Comparative financial results of the discontinued operations

	2011			2010			2009
Net sales	$	92.4		$	355.2		$	632.3
Long-lived asset impairment charge		(21.7	)		(58.3	)		(8.9	)
Income (loss) from operations of discontinued operations before income taxes		(18.6	)		(38.9	)		105.9
Net gain from disposal of businesses		—			—			490.0
Income (loss) before income taxes		(18.6	)		(38.9	)		595.9
Income tax (expense) benefit		7.1			19.6			(232.1	)
Income (loss) from discontinued operations, net of tax	$	(11.5	)	$	(19.3	)	$	363.8

Assets and liabilities classified as held for sale

	2010
Receivables, less allowance for doubtful accounts	$	29.0
Inventories		221.9
Prepaid expenses and other current assets		1.2
Current assets held for sale	$	252.1
Property, plant and equipment, net	$	53.0
Goodwill		2.2
Noncurrent assets held for sale	$	55.2
Current installments of long-term debt	$	0.9
Accounts payable		9.1
Accrued payroll		0.9
Other accrued liabilities		2.5
Current liabilities held for sale	$	13.4
Senior long-term debt, excluding current installments	$	5.2
Noncurrent liabilities held for sale	$	5.2