Note 5 - Derivative Financial Instruments (Tables)

6 Months Ended

Nov. 27, 2022

Notes Tables

Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block]

	November 27, 2022		May 29, 2022
Prepaid expenses and other current assets	$	11.6	$	7.0
Other accrued liabilities		1.5		2.2

Schedule of Derivative Instruments In Statement of Financial Position Gross Fair Value [Table Text Block]

	Derivative Assets			Derivative Liabilities
	Balance Sheet Location	Fair Value		Balance Sheet Location	Fair Value
Commodity contracts	Prepaid expenses and other current assets	$	8.4	Other accrued liabilities	$	0.3
Foreign exchange contracts	Prepaid expenses and other current assets		2.5	Other accrued liabilities		1.6
Total derivatives not designated as hedging instruments		$	10.9		$	1.9

	Derivative Assets			Derivative Liabilities
	Balance Sheet Location	Fair Value		Balance Sheet Location	Fair Value
Commodity contracts	Prepaid expenses and other current assets	$	26.8	Other accrued liabilities	$	16.1
Foreign exchange contracts	Prepaid expenses and other current assets		0.3	Other accrued liabilities		2.2
Total derivatives not designated as hedging instruments		$	27.1		$	18.3

Derivative Instruments, Gain (Loss) [Table Text Block]

	Location in Condensed Consolidated	Gains Recognized on Derivatives in Condensed Consolidated Statements of Earnings for the Thirteen Weeks Ended
Derivatives Not Designated as Hedging Instruments	Statements of Earnings of Gains Recognized on Derivatives	November 27, 2022		November 28, 2021
Commodity contracts	Cost of goods sold	$	3.7	$	4.6
Foreign exchange contracts	Cost of goods sold		1.6		2.4
Total gains from derivative instruments not designated as hedging instruments		$	5.3	$	7.0

	Location in Condensed Consolidated	Gains Recognized on Derivatives in Condensed Consolidated Statements of Earnings for the Twenty-Six Weeks Ended
Derivatives Not Designated as Hedging Instruments	Statements of Earnings of Gains Recognized on Derivatives	November 27, 2022		November 28, 2021
Commodity contracts	Cost of goods sold	$	10.0	$	8.8
Foreign exchange contracts	Cost of goods sold		4.8		8.4
Total gains from derivative instruments not designated as hedging instruments		$	14.8	$	17.2