SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

6 Months Ended

Nov. 23, 2014

Accounting Policies [Abstract]

Income tax expense (benefit) on components of other comprehensive income

The following details the income tax expense (benefit) on components of other comprehensive income (loss):

	Thirteen weeks ended						Twenty-six weeks ended
	November 23, 2014			November 24, 2013			November 23, 2014			November 24, 2013
Net derivative adjustment	$	—		$	(3.6	)	$	(0.2	)	$	23.3
Unrealized gains on available-for-sale securities	0.1			0.1			0.1			0.2
Pension and postretirement healthcare liabilities	(0.1		)	0.7			0.8			0.7
Income tax expense (benefit)	$	—		$	(2.8	)	$	0.7		$	24.2

Reclassifications from accumulated other comprehensive loss into income

The following tables summarize the reclassifications from accumulated other comprehensive loss into income:

	Thirteen weeks ended						Affected Line Item in the Condensed Consolidated Statement of Earnings
	November 23, 2014			November 24, 2013
Amortization of pension and postretirement healthcare liabilities:
Net prior service benefit	$	(1.0	)	$	(0.9	)	Selling, general and administrative expenses
Net actuarial losses	0.8			1.7			Selling, general and administrative expenses
	(0.2		)	0.8			Total before tax
	—			(0.3		)	Income tax expense (benefit)
	$	(0.2	)	$	0.5		Net of tax

	Twenty-six weeks ended						Affected Line Item in the Condensed Consolidated Statement of Earnings
	November 23, 2014			November 24, 2013
Net derivative adjustment:
Cash flow hedges	$	(0.5	)	$	0.1		Interest expense, net
	0.2			—			Income tax expense
	$	(0.3	)	$	0.1		Net of tax
Amortization of pension and postretirement healthcare liabilities:
Net prior service benefit	$	(2.1	)	$	(1.7	)	Selling, general and administrative expenses
Net actuarial losses	1.7			3.3			Selling, general and administrative expenses
	(0.4		)	1.6			Total before tax
	0.1			(0.6		)	Income tax expense (benefit)
	$	(0.3	)	$	1.0		Net of tax