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Note 13 - Pre-tax Income and Income Taxes - Reconciliation of Income Taxes to the Provision for Income Taxes (Details) - USD ($)
$ in Millions
12 Months Ended
May 28, 2023
May 29, 2022
May 30, 2021
Computed U.S. Federal income taxes $ 189.4 $ 247.5 $ 313.9
State income taxes, net of U.S. Federal tax impact 28.9 37.2 37.4
Goodwill and intangible impairments 27.5 6.1 13.6
Remeasurement of deferred taxes due to legal entity reorganization 0.0 0.0 35.8
Effective Income Tax Rate Reconciliation, Tax Election for Prior Year Federal Tax Return 0.0 25.0 0.0
Change of valuation allowance on capital loss carryforward 0.0 0.0 (188.5)
Income Tax Reconciliation, Valuation Allowance, Certain Tax Elections (28.1) 0.0 0.0
Incentive compensation 11.1 2.4 6.1
Other (10.1) (27.7) (24.5)
Income Tax Expense (Benefit) $ 218.7 $ 290.5 $ 193.8