FAIR VALUE MEASUREMENTS (Tables)

9 Months Ended

Feb. 24, 2013

Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]

Fair Value of Assets and Liabilities Measured on Recurring Basis

The following table presents our financial assets and liabilities measured at fair value on a recurring basis based upon the level within the fair value hierarchy in which the fair value measurements fall, as of February 24, 2013:

	Level 1		Level 2		Level 3		Total
Assets:
Derivative assets	$	9.8	$	67.7	$	—	$	77.5
Available-for-sale securities	5.7		—		—		5.7
Deferred compensation assets	8.8		—		—		8.8
Total assets	$	24.3	$	67.7	$	—	$	92.0
Liabilities:
Derivative liabilities	$	—	$	134.2	$	—	$	134.2
Deferred compensation liabilities	36.5		—		—		36.5
Total liabilities	$	36.5	$	134.2	$	—	$	170.7

The following table presents our financial assets and liabilities measured at fair value on a recurring basis based upon the level within the fair value hierarchy in which the fair value measurements fall, as of May 27, 2012:

	Level 1		Level 2		Level 3		Total
Assets:
Derivative assets	$	13.8	$	44.9	$	—	$	58.7
Available-for-sale securities	1.6		—		—		1.6
Deferred compensation assets	5.8		—		—		5.8
Total assets	$	21.2	$	44.9	$	—	$	66.1
Liabilities:
Derivative liabilities	$	—	$	215.4	$	—	$	215.4
Deferred compensation liabilities	27.1		—		—		27.1
Total liabilities	$	27.1	$	215.4	$	—	$	242.5