Income Taxes	3 Months Ended
Aug. 28, 2011
Income Taxes [Abstract]
INCOME TAXES	11. INCOME TAXES Our income tax expense from continuing operations for the first quarter of fiscal 2012 and 2011 was $43.6 million and $66.9 million, respectively. The effective tax rate (calculated as the ratio of income tax expense to pre-tax income from continuing operations, inclusive of equity method investment earnings) from continuing operations was approximately 34% and 32% for the first quarter of fiscal 2012 and 2011, respectively. The amount of gross unrecognized tax benefits for uncertain tax positions, including positions impacting only the timing of tax benefits, was $53.4 million as of August 28, 2011 and $56.5 million as of May 29, 2011. Included in the balance at August 28, 2011 and May 29, 2011 was $3.4 million and $3.3 million, respectively, of tax positions for which the ultimate deductibility is highly certain but for which there is uncertainty about the timing of such deductibility. Because of the impact of deferred tax accounting, the disallowance of the shorter deductibility period would not affect the annual effective tax rate but would accelerate the payment of cash to the taxing authority to an earlier period. Any associated interest and penalties imposed would affect the tax rate. The gross unrecognized tax benefits excluded related liabilities for gross interest and penalties of $15.2 million and $14.7 million as of August 28, 2011 and May 29, 2011, respectively. The net amount of unrecognized tax benefits at August 28, 2011 and May 29, 2011 that, if recognized, would impact the Company’s effective tax rate was $33.8 million and $35.7 million, respectively. Recognition of these tax benefits would have a favorable impact on the Company’s effective tax rate. We estimate that it is reasonably possible that the amount of gross unrecognized tax benefits will decrease by $2 million to $7 million over the next twelve months due to various federal, state, and foreign audit settlements and the expiration of statutes of limitations.

Income Taxes

3 Months Ended

Aug. 28, 2011

11. INCOME TAXES

Our income tax expense from continuing operations for the first quarter of fiscal 2012 and 2011 was $43.6 million and $66.9 million, respectively. The effective tax rate (calculated as the ratio of income tax expense to pre-tax income from continuing operations, inclusive of equity method investment earnings) from continuing operations was approximately 34% and 32% for the first quarter of fiscal 2012 and 2011, respectively.

The amount of gross unrecognized tax benefits for uncertain tax positions, including positions impacting only the timing of tax benefits, was $53.4 million as of August 28, 2011 and $56.5 million as of May 29, 2011. Included in the balance at August 28, 2011 and May 29, 2011 was $3.4 million and $3.3 million, respectively, of tax positions for which the ultimate deductibility is highly certain but for which there is uncertainty about the timing of such deductibility. Because of the impact of deferred tax accounting, the disallowance of the shorter deductibility period would not affect the annual effective tax rate but would accelerate the payment of cash to the taxing authority to an earlier period. Any associated interest and penalties imposed would affect the tax rate. The gross unrecognized tax benefits excluded related liabilities for gross interest and penalties of $15.2 million and $14.7 million as of August 28, 2011 and May 29, 2011, respectively.

The net amount of unrecognized tax benefits at August 28, 2011 and May 29, 2011 that, if recognized, would impact the Company’s effective tax rate was $33.8 million and $35.7 million, respectively. Recognition of these tax benefits would have a favorable impact on the Company’s effective tax rate.

We estimate that it is reasonably possible that the amount of gross unrecognized tax benefits will decrease by $2 million to $7 million over the next twelve months due to various federal, state, and foreign audit settlements and the expiration of statutes of limitations.