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PENSION AND POSTRETIREMENT BENEFITS (Tables)
3 Months Ended
Aug. 29, 2021
Compensation And Retirement Disclosure [Abstract]  
Components of Pension and Postretirement Plan Costs (Benefits)

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

 

 

Pension Plans

 

 

 

Thirteen weeks ended

 

 

 

August 29,

2021

 

 

August 30,

2020

 

Service cost

 

$

2.7

 

 

$

3.1

 

Interest cost

 

 

20.8

 

 

 

21.7

 

Expected return on plan assets

 

 

(36.4

)

 

 

(35.0

)

Amortization of prior service cost

 

 

0.5

 

 

 

0.6

 

Pension cost (benefit) — Company plans

 

 

(12.4

)

 

 

(9.6

)

Pension cost (benefit) — multi-employer plans

 

 

1.9

 

 

 

1.8

 

Total pension cost (benefit)

 

$

(10.5

)

 

$

(7.8

)

 

 

 

Postretirement Plans

 

 

 

Thirteen weeks ended

 

 

 

August 29,

2021

 

 

August 30,

2020

 

Service cost

 

$

 

 

$

0.1

 

Interest cost

 

 

0.3

 

 

 

0.3

 

Amortization of prior service cost (benefit)

 

 

(0.5

)

 

 

(0.5

)

Recognized net actuarial gain

 

 

(0.8

)

 

 

(0.9

)

Total postretirement cost (benefit)

 

$

(1.0

)

 

$

(1.0

)