Note 14 - Leases (Tables)

12 Months Ended

May 28, 2023

Notes Tables

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

	Operating Leases
	Balance Sheet Location	May 28, 2023		May 29, 2022
ROU assets, net	Other assets	$	199.5	$	211.5
Lease liabilities (current)	Other accrued liabilities		42.3		45.3
Lease liabilities (noncurrent)	Other noncurrent liabilities		186.6		199.4

	Finance Leases
	Balance Sheet Location	May 28, 2023			May 29, 2022
ROU assets, at cost	Property, plant and equipment	$	203.5		$	208.0
Less accumulated depreciation	Less accumulated depreciation		(77.2	)		(64.2	)
ROU assets, net	Property, plant and equipment, net		126.3			143.8
Lease liabilities (current)	Current installments of long-term debt		17.4			20.6
Lease liabilities (noncurrent)	Senior long-term debt, excluding current installments		95.2			110.7

	2023		2022		2021
Operating lease cost	$	55.3	$	52.9	$	51.0
Finance lease cost
Depreciation of leased assets		16.8		16.4		19.0
Interest on lease liabilities		5.3		6.5		8.2
Short-term lease cost		11.0		7.3		5.1
Total lease cost	$	88.4	$	83.1	$	83.3

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

	Operating Leases						Finance Leases
	2023			2022			2023			2022
Weighted-average remaining lease term (in years)		6.7			6.9			6.9			7.3
Weighted-average discount rate		3.55	%		3.21	%		4.24	%		4.91	%

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

	2023		2022		2021
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash outflows from operating leases	$	57.7	$	55.7	$	56.0
Operating cash outflows from finance leases		5.3		6.5		8.3
Financing cash outflows from finance leases		25.0		31.2		24.3
ROU assets obtained in exchange for new lease liabilities:
Operating leases		34.2		68.5		21.1
Finance leases		7.8		23.6		26.1

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

	Operating Leases			Finance Leases			Total
2024	$	51.9		$	21.2		$	73.1
2025		40.7			18.4			59.1
2026	37.1				15.1			52.2
2027		30.5			17.0			47.5
2028		28.3			7.8			36.1
Later years		74.4			53.7			128.1
Total lease payments		262.9			133.2			396.1
Less: Imputed interest		(34.0	)		(20.6	)		(54.6	)
Total lease liabilities	$	228.9		$	112.6		$	341.5