Note 6 - Derivative Financial Instruments (Tables)

3 Months Ended

Aug. 27, 2023

Notes Tables

Derivative Instruments, Gain (Loss) [Table Text Block]

	Thirteen Weeks Ended
	August 27, 2023			August 28, 2022
Gross derivative gains incurred	$	19.5		$	9.5
Less: Net derivative gains (losses) allocated to reporting segments		(8.1	)		9.0
Net derivative gains recognized in general corporate expenses	$	27.6		$	0.5
Net derivative gains (losses) allocated to Grocery & Snacks	$	(3.9	)	$	5.0
Net derivative gains (losses) allocated to Refrigerated & Frozen		(2.3	)		3.3
Net derivative gains (losses) allocated to International		(1.6	)		0.1
Net derivative gains (losses) allocated to Foodservice		(0.3	)		0.6
Net derivative gains (losses) included in segment operating profit	$	(8.1	)	$	9.0

Derivatives Not Designated as Hedging Instruments [Table Text Block]

	Location in Condensed Consolidated	Gains (Losses) Recognized on Derivatives in Condensed Consolidated Statements of Operations for the Thirteen Weeks Ended
Derivatives Not Designated as Hedging Instruments	Statements of Operations of Gains (Losses) Recognized on Derivatives	August 27, 2023			August 28, 2022
Commodity contracts	Cost of goods sold	$	22.5		$	6.3
Foreign exchange contracts	Cost of goods sold		(3.0	)		3.2
Total gains from derivative instruments not designated as hedging instruments		$	19.5		$	9.5