FAIR VALUE MEASUREMENTS (Tables)

6 Months Ended

Nov. 29, 2015

Fair Value, Assets, Liabilities and Stockholders' Equity Measured on Recurring Basis [Abstract]

Fair value of assets and liabilities measured on 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 November 29, 2015:

	Level 1		Level 2		Level 3		Net Value
Assets:
Derivative assets	$	4.3	$	24.0	$	—	$	28.3
Available-for-sale securities	2.9		—		—		2.9
Deferred compensation assets	2.6		—		—		2.6
Total assets	$	9.8	$	24.0	$	—	$	33.8
Liabilities:
Derivative liabilities	$	—	$	13.7	$	—	$	13.7
Deferred compensation liabilities	48.4		—		—		48.4
Total liabilities	$	48.4	$	13.7	$	—	$	62.1

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 31, 2015:

	Level 1		Level 2		Level 3		Net Value
Assets:
Derivative assets	$	13.6	$	18.6	$	—	$	32.2
Available-for-sale securities	2.8		—		—		2.8
Deferred compensation assets	2.6		—		—		2.6
Total assets	$	19.0	$	18.6	$	—	$	37.6
Liabilities:
Derivative liabilities	$	—	$	14.2	$	—	$	14.2
Deferred compensation liabilities	44.6		—		—		44.6
Total liabilities	$	44.6	$	14.2	$	—	$	58.8