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GOODWILL AND OTHER IDENTIFIABLE INTANGIBLE ASSETS (Tables)
3 Months Ended
Aug. 29, 2021
Goodwill And Intangible Assets Disclosure [Abstract]  
Schedule of Change in Carrying Amount of Goodwill

The change in the carrying amount of goodwill for the first quarter of fiscal 2022 was as follows:

 

 

Grocery &

Snacks

 

 

Refrigerated

& Frozen

 

 

International

 

 

Foodservice

 

 

Total

 

Balance as of May 30, 2021

 

$

4,698.2

 

 

$

5,625.1

 

 

$

302.5

 

 

$

747.7

 

 

$

11,373.5

 

Currency translation

 

 

 

 

 

 

 

 

(4.3

)

 

 

 

 

 

(4.3

)

Balance as of August 29, 2021

 

$

4,698.2

 

 

$

5,625.1

 

 

$

298.2

 

 

$

747.7

 

 

$

11,369.2

 

 

Schedule of Other Identifiable Intangible Assets

Other identifiable intangible assets were as follows:

 

 

August 29, 2021

 

 

May 30, 2021

 

 

 

Gross

Carrying

Amount

 

 

Accumulated

Amortization

 

 

Gross

Carrying

Amount

 

 

Accumulated

Amortization

 

Non-amortizing intangible assets

 

$

3,300.0

 

 

$

 

 

$

3,301.2

 

 

$

 

Amortizing intangible assets

 

 

1,234.1

 

 

 

393.4

 

 

 

1,235.3

 

 

 

378.9

 

 

 

$

4,534.1

 

 

$

393.4

 

 

$

4,536.5

 

 

$

378.9