Note 2 - Restructuring Activities (Tables)

9 Months Ended

Feb. 26, 2023

Notes Tables

Restructuring and Related Costs [Table Text Block]

	Grocery & Snacks		Refrigerated & Frozen		International		Foodservice		Corporate		Total
Accelerated depreciation	$	33.2	$	40.5	$	—	$	—	$	—	$	73.7
Other cost of goods sold		8.7		2.5		—		—		—		11.2
Total cost of goods sold		41.9		43.0		—		—		—		84.9
Severance and related costs		11.5		1.2		1.3		0.3		4.8		19.1
Asset impairment (net of gains on disposal)		21.9		0.9		0.1		—		—		22.9
Contract/lease termination		0.5		0.1		—		—		0.1		0.7
Consulting/professional fees		0.6		2.4		—		—		5.7		8.7
Other SG&A		12.9		4.1		—		—		0.5		17.5
Total SG&A		47.4		8.7		1.4		0.3		11.1		68.9
Total	$	89.3	$	51.7	$	1.4	$	0.3	$	11.1	$	153.8
Pension and postretirement non-service income												0.6
Consolidated total											$	154.4

	Grocery & Snacks			Refrigerated & Frozen		Corporate		Total
Accelerated depreciation	$	—		$	0.3	$	—	$	0.3
Other cost of goods sold		—			0.1		—		0.1
Total cost of goods sold		—			0.4		—		0.4
Severance and related costs		(0.2	)		—		(0.2)		(0.4)
Consulting/professional fees		0.3			0.1		0.1		0.5
Other SG&A		0.1			1.1		(0.1)		1.1
Total SG&A		0.2			1.2		(0.2)		1.2
Total	$	0.2		$	1.6	$	(0.2)	$	1.6

	Grocery & Snacks		Refrigerated & Frozen		Corporate		Total
Accelerated depreciation	$	—	$	0.3	$	—	$	0.3
Other cost of goods sold		—		0.3		—		0.3
Total cost of goods sold		—		0.6		—		0.6
Severance and related costs		(0.2)		—		0.5		0.3
Contract/lease termination		0.1		0.1		—		0.2
Consulting/professional fees		0.3		0.1		3.5		3.9
Other SG&A		0.2		2.2		0.1		2.5
Total SG&A		0.4		2.4		4.1		6.9
Total	$	0.4	$	3.0	$	4.1	$	7.5

	Grocery & Snacks		Refrigerated & Frozen		International		Foodservice		Corporate		Total
Accelerated depreciation	$	33.2	$	39.9	$	—	$	—	$	—	$	73.1
Other cost of goods sold		8.7		2.6		—		—		—		11.3
Total cost of goods sold		41.9		42.5		—		—		—		84.4
Severance and related costs		11.4		1.2		1.3		0.3		4.9		19.1
Asset impairment (net of gains on disposal)		21.9		0.8		0.1		—		—		22.8
Contract/lease termination		0.5		0.1		—		—		0.1		0.7
Consulting/professional fees		0.3		0.1		—		—		5.2		5.6
Other SG&A		12.8		3.3		—		—		0.4		16.5
Total SG&A		46.9		5.5		1.4		0.3		10.6		64.7
Total	$	88.8	$	48.0	$	1.4	$	0.3	$	10.6	$	149.1
Pension and postretirement non-service income												0.6
Consolidated total											$	149.7

Schedule of Restructuring Reserve by Type of Cost [Table Text Block]

	Balance at May 29, 2022		Costs Incurred and Charged to Expense		Costs Paid or Otherwise Settled			Changes in Estimates			Balance at February 26, 2023
Severance and related costs	$	3.2	$	1.3	$	(2.8	)	$	(1.0	)	$	0.7
Contract/lease termination		—		0.2		(0.2	)		—			—
Consulting/professional fees		1.7		3.9		(5.4	)		—			0.2
Other costs		0.2		2.8		(3.0	)		—			—
Total	$	5.1	$	8.2	$	(11.4	)	$	(1.0	)	$	0.9