FAIR VALUE MEASUREMENTS (Tables)

3 Months Ended

Aug. 29, 2021

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 August 29, 2021:

	Level 1		Level 2		Level 3		Net Value
Assets:
Derivative assets	$	9.5	$	2.8	$	—	$	12.3
Marketable securities		7.9		—		—		7.9
Deferred compensation assets		8.9		—		—		8.9
Total assets	$	26.3	$	2.8	$	—	$	29.1
Liabilities:
Derivative liabilities	$	—	$	0.7	$	—	$	0.7
Deferred compensation liabilities		86.1		—		—		86.1
Total liabilities	$	86.1	$	0.7	$	—	$	86.8

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 30, 2021:

	Level 1		Level 2		Level 3		Net Value
Assets:
Derivative assets	$	13.0	$	2.5	$	—	$	15.5
Marketable securities		6.6		—		—		6.6
Deferred compensation assets		8.8		—		—		8.8
Total assets	$	28.4	$	2.5	$	—	$	30.9
Liabilities:
Derivative liabilities	$	—	$	6.9	$	—	$	6.9
Deferred compensation liabilities		81.0		—		—		81.0
Total liabilities	$	81.0	$	6.9	$	—	$	87.9