GOODWILL AND OTHER IDENTIFIABLE INTANGIBLE ASSETS (Tables)

6 Months Ended

Nov. 24, 2019

Goodwill And Intangible Assets Disclosure [Abstract]

Schedule of Change in Carrying Amount of Goodwill, Excluding Amounts Classified as Held for Sale

The change in the carrying amount of goodwill for the second quarter of fiscal 2020 was as follows:

	Grocery & Snacks		Refrigerated & Frozen		International			Foodservice		Total
Balance as of May 26, 2019	$	4,741.3	$	5,642.4	$	299.0		$	752.7	$	11,435.4
Purchase accounting adjustments		3.5		5.9		0.7			—		10.1
Currency translation		—		—		(2.6	)		—		(2.6	)
Balance as of November 24, 2019	$	4,744.8	$	5,648.3	$	297.1		$	752.7	$	11,442.9

Schedule of Other Identifiable Intangible Assets, Excluding Amounts Classified as Held for Sale

Other identifiable intangible assets, excluding amounts classified as held for sale, were as follows:

	November 24, 2019				May 26, 2019
	Gross Carrying Amount		Accumulated Amortization		Gross Carrying Amount		Accumulated Amortization
Non-amortizing intangible assets	$	3,544.1	$	—	$	3,559.6	$	—
Amortizing intangible assets		1,240.2		290.2		1,239.9		260.2
	$	4,784.3	$	290.2	$	4,799.5	$	260.2

Schedule of Estimated Fair Value in Excess of Carrying Value

Several of our reporting units have an estimated fair value substantially in excess of the carrying value. Three of our reporting units with aggregate goodwill of $3.5 billion have an estimated fair value that exceeds the respective carrying value as of our most recent testing date as follows:  

	Carrying Value of Goodwill		Excess Fair Value as of Fiscal 2020 Test Date
Sides, Components, Enhancers (part of Refrigerated & Frozen segment)	$	2,636.6		18.1	%
Foodservice		752.7		36.7	%
Canada (part of International segment)		96.2		32.0	%