FAIR VALUE MEASUREMENTS (Tables)

6 Months Ended

Nov. 24, 2019

Fair Value Disclosures [Abstract]

Schedule of Financial Assets and Liabilities Measured at Fair Value on a 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 November 24, 2019:

	Level 1		Level 2		Level 3		Net Value
Assets:
Derivative assets	$	1.6	$	0.5	$	—	$	2.1
Marketable securities		15.4		—		—		15.4
Deferred compensation assets		10.8		—		—		10.8
Total assets	$	27.8	$	0.5	$	—	$	28.3
Liabilities:
Derivative liabilities	$	—	$	1.3	$	—	$	1.3
Deferred compensation liabilities		77.3		—		—		77.3
Total liabilities	$	77.3	$	1.3	$	—	$	78.6

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 26, 2019:

	Level 1		Level 2		Level 3		Net Value
Assets:
Derivative assets	$	3.0	$	2.9	$	—	$	5.9
Marketable securities		15.7		—		—		15.7
Deferred compensation assets		10.7		—		—		10.7
Total assets	$	29.4	$	2.9	$	—	$	32.3
Liabilities:
Derivative liabilities	$	—	$	1.4	$	—	$	1.4
Deferred compensation liabilities		70.4		—		—		70.4
Total liabilities	$	70.4	$	1.4	$	—	$	71.8