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PENSION AND POSTRETIREMENT BENEFITS (Tables)
9 Months Ended
Feb. 28, 2021
Compensation And Retirement Disclosure [Abstract]  
Components of Pension Benefit and Other Postretirement Benefit Costs

Components of pension and other postretirement costs (benefits) are:

 

 

Pension Plans

 

 

 

Thirteen weeks ended

 

 

Thirty-nine weeks ended

 

 

 

February 28,

2021

 

 

February 23,

2020

 

 

February 28,

2021

 

 

February 23,

2020

 

Service cost

 

$

2.7

 

 

$

2.8

 

 

$

9.0

 

 

$

8.4

 

Interest cost

 

 

21.7

 

 

 

27.8

 

 

 

65.1

 

 

 

89.8

 

Expected return on plan assets

 

 

(35.0

)

 

 

(42.0

)

 

 

(105.0

)

 

 

(124.7

)

Amortization of prior service cost

 

 

0.5

 

 

 

0.7

 

 

 

1.7

 

 

 

2.0

 

Curtailment loss

 

 

 

 

 

0.2

 

 

 

 

 

 

0.8

 

Settlement gain

 

 

 

 

 

(2.1

)

 

 

 

 

 

(2.1

)

Pension cost (benefit) — Company plans

 

 

(10.1

)

 

 

(12.6

)

 

 

(29.2

)

 

 

(25.8

)

Pension cost (benefit) — multi-employer plans

 

 

1.7

 

 

 

1.5

 

 

 

5.7

 

 

 

5.0

 

Total pension cost (benefit)

 

$

(8.4

)

 

$

(11.1

)

 

$

(23.5

)

 

$

(20.8

)

 

 

 

Postretirement Plans

 

 

 

Thirteen weeks ended

 

 

Thirty-nine weeks ended

 

 

 

February 28,

2021

 

 

February 23,

2020

 

 

February 28,

2021

 

 

February 23,

2020

 

Service cost

 

$

 

 

$

 

 

$

0.1

 

 

$

0.1

 

Interest cost

 

 

0.4

 

 

 

0.6

 

 

 

1.1

 

 

 

1.9

 

Amortization of prior service cost (benefit)

 

 

(0.5

)

 

 

(0.5

)

 

 

(1.5

)

 

 

(1.5

)

Recognized net actuarial gain

 

 

(0.8

)

 

 

(1.1

)

 

 

(2.6

)

 

 

(3.4

)

Total postretirement cost (benefit)

 

$

(0.9

)

 

$

(1.0

)

 

$

(2.9

)

 

$

(2.9

)