RESTRUCTURING ACTIVITIES (Tables)

6 Months Ended

Nov. 23, 2014

Restructuring and Related Activities [Abstract]

Summary of expected realization and incurred restructuring pre-tax expenses

We anticipate that we will recognize the following pre-tax expenses in association with the SCAE Plan (amounts include charges recognized in fiscal 2013, 2014, and the first half of fiscal 2015):

	Consumer Foods		Commercial Foods		Private Brands		Corporate		Total
Multi-employer pension costs	$	—	$	—	$	—	$	11.4	$	11.4
Other cost of goods sold	3.3		—		2.4		—		5.7
Total cost of goods sold	3.3		—		2.4		11.4		17.1
Severance and related costs (recoveries)	14.4		8.6		9.4		44.0		76.4
Fixed asset impairment / Loss on disposal	0.3		—		5.8		0.4		6.5
Accelerated depreciation	25.5		—		22.3		3.1		50.9
Other selling, general and administrative expenses	8.2		—		26.3		32.2		66.7
Total selling, general and administrative expenses	48.4		8.6		63.8		79.7		200.5
Consolidated total	$	51.7	$	8.6	$	66.2	$	91.1	$	217.6

During the second quarter of fiscal 2015, we recognized the following pre-tax expenses for the SCAE Plan:

	Consumer Foods		Commercial Foods			Private Brands			Corporate			Total
Severance and related costs (recoveries)	$	—	$	(0.5	)	$	(0.2	)	$	(0.1	)	$	(0.8	)
Asset impairment	—		—			—			0.4			0.4
Accelerated depreciation	6.4		—			2.1			0.6			9.1
Other selling, general and administrative expenses	1.4		—			2.8			4.5			8.7
Total selling, general and administrative expenses	7.8		(0.5		)	4.7			5.4			17.4
Consolidated total	$	7.8	$	(0.5	)	$	4.7		$	5.4		$	17.4

Included in the above results are $7.5 million of charges that have resulted or will result in cash outflows and $9.9 million in non-cash charges.

During the first half of fiscal 2015, we recognized the following pre-tax expenses for the SCAE Plan:

	Consumer Foods		Commercial Foods		Private Brands		Corporate		Total
Multi-employer pension costs	$	—	$	—	$	—	$	0.2	$	0.2
Other cost of goods sold	—		—		0.6		—		0.6
Total cost of goods sold	—		—		0.6		0.2		0.8
Severance and related costs	1.4		3.8		0.5		—		5.7
Asset impairment	—		—		1.9		0.4		2.3
Accelerated depreciation	13.9		—		2.6		1.3		17.8
Other selling, general and administrative expenses	1.7		—		5.1		5.1		11.9
Total selling, general and administrative expenses	17.0		3.8		10.1		6.8		37.7
Consolidated total	$	17.0	$	3.8	$	10.7	$	7.0	$	38.5

Included in the above results are $17.4 million of charges that have resulted or will result in cash outflows and $21.1 million in non-cash charges.

We recognized the following cumulative (plan inception to November 23, 2014) pre-tax expenses related to the SCAE Plan in our Condensed Consolidated Statement of Earnings:

	Consumer Foods		Commercial Foods		Private Brands		Corporate		Total
Multi-employer pension costs	$	—	$	—	$	—	$	11.4	$	11.4
Other cost of goods sold	0.8		—		1.2		—		2.0
Total cost of goods sold	0.8		—		1.2		11.4		13.4
Severance and related costs	14.1		8.6		9.4		42.6		74.7
Asset impairment	0.3		—		5.8		0.4		6.5
Accelerated depreciation	16.3		—		17.7		1.9		35.9
Other selling, general and administrative expenses	1.7		—		10.1		8.3		20.1
Total selling, general and administrative expenses	32.4		8.6		43.0		53.2		137.2
Consolidated total	$	33.2	$	8.6	$	44.2	$	64.6	$	150.6

Liabilities recorded for the restructuring and changes therein

Liabilities recorded for the SCAE Plan and changes therein for the second quarter of fiscal 2015 were as follows:

	Balance at May 25, 2014		Costs Incurred and Charged to Expense		Costs Paid or  Otherwise Settled			Changes in Estimates			Balance at November 23, 2014
Severance	$	46.9	$	8.7	$	(33.6	)	$	(3.0	)	$	19.0
Multi-employer pension costs	11.2		—		—			0.2			11.4
Other costs	6.0		13.0		(11.0		)	(1.5		)	6.5
Total	$	64.1	$	21.7	$	(44.6	)	$	(4.3	)	$	36.9