FAIR VALUE MEASUREMENTS (Tables)

6 Months Ended

Nov. 29, 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 November 29, 2020:

	Level 1		Level 2		Level 3		Net Value
Assets:
Derivative assets	$	2.6	$	1.4	$	—	$	4.0
Marketable securities		6.0		—		—		6.0
Deferred compensation assets		9.0		—		—		9.0
Total assets	$	17.6	$	1.4	$	—	$	19.0
Liabilities:
Derivative liabilities	$	—	$	3.5	$	—	$	3.5
Deferred compensation liabilities		81.7		—		—		81.7
Total liabilities	$	81.7	$	3.5	$	—	$	85.2

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 31, 2020:

	Level 1		Level 2		Level 3		Net Value
Assets:
Derivative assets	$	2.8	$	5.2	$	—	$	8.0
Marketable securities		8.1		—		—		8.1
Deferred compensation assets		8.6		—		—		8.6
Total assets	$	19.5	$	5.2	$	—	$	24.7
Liabilities:
Derivative liabilities	$	—	$	0.4	$	—	$	0.4
Deferred compensation liabilities		68.0		—		—		68.0
Total liabilities	$	68.0	$	0.4	$	—	$	68.4