FAIR VALUE MEASUREMENTS (Tables)

9 Months Ended

Feb. 23, 2020

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 February 23, 2020:

	Level 1		Level 2		Level 3		Net Value
Assets:
Derivative assets	$	2.5	$	—	$	—	$	2.5
Marketable securities		10.9		—		—		10.9
Deferred compensation assets		9.2		—		—		9.2
Total assets	$	22.6	$	—	$	—	$	22.6
Liabilities:
Derivative liabilities	$	—	$	1.9	$	—	$	1.9
Deferred compensation liabilities		71.6		—		—		71.6
Total liabilities	$	71.6	$	1.9	$	—	$	73.5

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