Note 2 - Restructuring Activities (Tables)

12 Months Ended

May 28, 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		2.8		—		—		—		11.5
Total cost of goods sold		41.9		43.3		—		—		—		85.2
Severance and related costs		11.5		1.2		1.3		0.3		6.3		20.6
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 selling, general and administrative expenses		12.9		4.1		—		—		0.6		17.6
Total selling, general and administrative expenses		47.4		8.7		1.4		0.3		12.7		70.5
Total	$	89.3	$	52.0	$	1.4	$	0.3	$	12.7	$	155.7
Pension and postretirement non-service income												0.6
Consolidated total											$	156.3

	Grocery & Snacks			Refrigerated & Frozen		Corporate		Total
Accelerated depreciation	$	—		$	0.7	$	—	$	0.7
Other cost of goods sold		—			0.5		—		0.5
Total cost of goods sold		—			1.2		—		1.2
Severance and related costs		(0.2	)		—		1.9		1.7
Asset impairment (net of gains on disposal)		—			0.1		—		0.1
Contract/lease termination		0.1			0.1		—		0.2
Consulting/professional fees		0.3			0.4		3.5		4.2
Other selling, general and administrative expenses		0.3			2.8		0.2		3.3
Total selling, general and administrative expenses		0.5			3.4		5.6		9.5
Total	$	0.5		$	4.6	$	5.6	$	10.7

	Grocery & Snacks		Refrigerated & Frozen		International		Foodservice		Corporate		Total
Accelerated depreciation	$	33.2	$	40.3	$	—	$	—	$	—	$	73.5
Other cost of goods sold		8.7		2.8		—		—		—		11.5
Total cost of goods sold		41.9		43.1		—		—		—		85.0
Severance and related costs		11.4		1.2		1.3		0.3		6.3		20.5
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		0.3		0.4		—		—		5.2		5.9
Other selling, general and administrative expenses		12.9		3.9		—		—		0.5		17.3
Total selling, general and administrative expenses		47.0		6.5		1.4		0.3		12.1		67.3
Total	$	88.9	$	49.6	$	1.4	$	0.3	$	12.1	$	152.3
Pension and postretirement non-service income												0.6
Consolidated total											$	152.9

			Costs
	Balance at		Incurred		Costs Paid						Balance at
	May 29,		and Charged		or Otherwise			Changes in			May 28,
	2022		to Expense		Settled			Estimates			2023
Severance and related costs	$	3.2	$	2.6	$	(3.2	)	$	(0.9	)	$	1.7
Contract/lease termination		—		0.2		(0.2	)		—			—
Consulting/professional fees		1.7		4.2		(5.7	)		—			0.2
Other costs		0.2		3.5		(3.7	)		—			—
Total	$	5.1	$	10.5	$	(12.8	)	$	(0.9	)	$	1.9