Note 14 - Leases (Tables)

12 Months Ended

May 29, 2022

Notes Tables

Schedule of Operating and Finance Leases Reported In Balance Sheet [Table Text Block]

	Operating Leases
	Balance Sheet Location	May 29, 2022		May 30, 2021
ROU assets, net	Other assets	$	207.6	$	183.8
Lease liabilities (current)	Other accrued liabilities		43.6		35.0
Lease liabilities (noncurrent)	Other noncurrent liabilities		197.0		185.1

	Finance Leases
	Balance Sheet Location	May 29, 2022			May 30, 2021
ROU assets, at cost	Property, plant and equipment	$	208.0		$	217.6
Less accumulated depreciation	Less accumulated depreciation		(64.2	)		(60.2	)
ROU assets, net	Property, plant and equipment, net		143.8			157.4
Lease liabilities (current)	Current installments of long-term debt		20.6			23.1
Lease liabilities (noncurrent)	Senior long-term debt, excluding current installments		110.7			116.0

	2022		2021		2020
Operating lease cost	$	52.9	$	51.0	$	63.7
Finance lease cost
Depreciation of leased assets		16.4		19.0		15.4
Interest on lease liabilities		6.5		8.2		9.1
Short-term lease cost		7.3		5.1		3.8
Total lease cost	$	83.1	$	83.3	$	92.0

Schedule O fWeighted Average Remaining Lease Terms and Weighted Average Discount Rate For Leases [Table Text Block]

	Operating Leases						Finance Leases
	2022			2021			2022			2021
Weighted-average remaining lease term (in years)		6.9			8.1			7.3			7.7
Weighted-average discount rate		3.21	%		3.51	%		4.91	%		4.95	%

Schedule of Cash Flows Arising From Lease Transactions [Table Text Block]

	2022		2021		2020
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash outflows from operating leases	$	55.7	$	56.0	$	59.5
Operating cash outflows from finance leases		6.5		8.3		9.2
Financing cash outflows from finance leases		31.2		24.3		22.5
ROU assets obtained in exchange for new lease liabilities:
Operating leases		68.5		21.1		41.6
Finance leases		23.6		26.1		12.2

Schedule of Operating and Finance Lease Liabilities Maturities [Table Text Block]

	Operating Leases			Finance Leases			Total
2023	$	54.6		$	24.8		$	79.4
2024		45.3			22.1			67.4
2025		33.2			18.7			51.9
2026	29.9				15.5			45.4
2027		24.5			17.7			42.2
Later years		94.9			58.3			153.2
Total lease payments		282.4			157.1			439.5
Less: Imputed interest		(41.8	)		(25.8	)		(67.6	)
Total lease liabilities	$	240.6		$	131.3		$	371.9