RESTRUCTURING ACTIVITIES (Tables)

9 Months Ended

Feb. 22, 2015

Restructuring and Related Activities [Abstract]

Summary of expected realization and incurred restructuring pre-tax expenses

We anticipate that we will recognize the following pre-tax expenses in association with the SCAE Plan (amounts include charges recognized in fiscal 2013, 2014, and the first three quarters of fiscal 2015):

	Consumer Foods		Commercial Foods		Private Brands		Corporate		Total
Multi-employer pension costs	$	—	$	—	$	—	$	11.4	$	11.4
Other cost of goods sold	4.0		—		3.8		—		7.8
Total cost of goods sold	4.0		—		3.8		11.4		19.2
Severance and related costs (recoveries)	22.2		8.3		10.2		44.0		84.7
Fixed asset impairment / Net loss on disposal	2.6		—		11.4		0.4		14.4
Accelerated depreciation	28.6		—		23.0		2.9		54.5
Other selling, general and administrative expenses	10.6		—		14.6		34.0		59.2
Total selling, general and administrative expenses	64.0		8.3		59.2		81.3		212.8
Consolidated total	$	68.0	$	8.3	$	63.0	$	92.7	$	232.0

During the third quarter of fiscal 2015, we recognized the following pre-tax expenses for the SCAE Plan:

	Consumer Foods		Commercial Foods			Private Brands		Corporate		Total
Other cost of goods sold	$	—	$	—		$	0.9	$	—	$	0.9
Total cost of goods sold	—		—			0.9		—		0.9
Severance and related costs (recoveries)	5.1		(0.3		)	0.1		0.3		5.2
Fixed asset impairment	0.6		—			5.6		—		6.2
Accelerated depreciation	1.8		—			2.1		0.3		4.2
Other selling, general and administrative expenses	0.7		—			0.5		0.6		1.8
Total selling, general and administrative expenses	8.2		(0.3		)	8.3		1.2		17.4
Consolidated total	$	8.2	$	(0.3	)	$	9.2	$	1.2	$	18.3

Included in the above results are $11.0 million of charges that have resulted or will result in cash outflows and $7.3 million in non-cash charges.

During the first three quarters of fiscal 2015, we recognized the following pre-tax expenses for the SCAE Plan:

	Consumer Foods		Commercial Foods		Private Brands		Corporate		Total
Multi-employer pension costs	$	—	$	—	$	—	$	0.2	$	0.2
Other cost of goods sold	—		—		1.5		—		1.5
Total cost of goods sold	—		—		1.5		0.2		1.7
Severance and related costs (recoveries)	6.5		3.5		0.6		0.3		10.9
Fixed asset impairment / Net loss on disposal	0.6		—		7.5		0.4		8.5
Accelerated depreciation	15.7		—		4.7		1.6		22.0
Other selling, general and administrative expenses	2.4		—		5.6		5.7		13.7
Total selling, general and administrative expenses	25.2		3.5		18.4		8.0		55.1
Consolidated total	$	25.2	$	3.5	$	19.9	$	8.2	$	56.8

Included in the above results are $28.4 million of charges that have resulted or will result in cash outflows and $28.4 million in non-cash charges.

We recognized the following cumulative (plan inception to February 22, 2015) pre-tax expenses related to the SCAE Plan in our Condensed Consolidated Statement of Earnings:

	Consumer Foods		Commercial Foods		Private Brands		Corporate		Total
Multi-employer pension costs	$	—	$	—	$	—	$	11.4	$	11.4
Other cost of goods sold	0.8		—		2.1		—		2.9
Total cost of goods sold	0.8		—		2.1		11.4		14.3
Severance and related costs (recoveries)	19.2		8.3		9.5		42.9		79.9
Fixed asset impairment / Net loss on disposal	0.9		—		11.4		0.4		12.7
Accelerated depreciation	18.1		—		19.8		2.2		40.1
Other selling, general and administrative expenses	2.4		—		10.6		8.9		21.9
Total selling, general and administrative expenses	40.6		8.3		51.3		54.4		154.6
Consolidated total	$	41.4	$	8.3	$	53.4	$	65.8	$	168.9

Liabilities recorded for the restructuring and changes therein

Liabilities recorded for the SCAE Plan and changes therein for the first three quarters of fiscal 2015 were as follows:

	Balance at May 25, 2014		Costs Incurred and Charged to Expense		Costs Paid or  Otherwise Settled			Changes in Estimates			Balance at February 22, 2015
Severance	$	46.9	$	14.7	$	(40.5	)	$	(3.8	)	$	17.3
Multi-employer pension costs	11.2		—		—			0.2			11.4
Other costs	6.0		20.2		(13.0		)	(2.9		)	10.3
Total	$	64.1	$	34.9	$	(53.5	)	$	(6.5	)	$	39.0