Note 5 - Derivative Financial Instruments (Tables)

9 Months Ended

Feb. 26, 2023

Notes Tables

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

	February 26, 2023		May 29, 2022
Prepaid expenses and other current assets	$	7.7	$	7.0
Other accrued liabilities		2.6		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	$	0.9	Other accrued liabilities	$	9.9
Foreign exchange contracts	Prepaid expenses and other current assets		1.5	Other accrued liabilities		2.0
Total derivatives not designated as hedging instruments		$	2.4		$	11.9

	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 (Losses) 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 (Losses) Recognized on Derivatives	February 26, 2023			February 27, 2022
Commodity contracts	Cost of goods sold	$	(15.7	)	$	13.0
Foreign exchange contracts	Cost of goods sold		(1.0	)		(3.0	)
Total gains (losses) from derivative instruments not designated as hedging instruments		$	(16.7	)	$	10.0

	Location in Condensed Consolidated	Gains (Losses) Recognized on Derivatives in Condensed Consolidated Statements of Earnings for the Thirty-Nine Weeks Ended
Derivatives Not Designated as Hedging Instruments	Statements of Earnings of Gains (Losses) Recognized on Derivatives	February 26, 2023			February 27, 2022
Commodity contracts	Cost of goods sold	$	(5.8	)	$	21.8
Foreign exchange contracts	Cost of goods sold		3.7			5.4
Total gains (losses) from derivative instruments not designated as hedging instruments		$	(2.1	)	$	27.2