DISCONTINUED OPERATIONS AND OTHER DIVESTITURES (Tables)

3 Months Ended

Aug. 28, 2016

Discontinued Operations and Disposal Groups [Abstract]

Summary of Comparative Financial Results of Discontinued Operations

The summary comparative financial results of the Private Brands business, included within discontinued operations, were as follows:

	Thirteen weeks ended
	August 28, 2016			August 30, 2015
Net sales	$	—		$	891.8
Gain on sale of businesses	$	1.5		$	—
Goodwill and long-lived asset impairment charges	—			(1,812.3		)
Income (loss) from operations of discontinued operations before income taxes and equity method investment earnings	(0.7		)	20.4
Income (loss) before income taxes	0.8			(1,791.9		)
Income tax benefit	(0.7		)	(472.1		)
Income (loss) from discontinued operations, net of tax	$	1.5		$	(1,319.8	)

Schedule of Assets and Liabilities Classified as Held For Sale

The assets and liabilities classified as held for sale reflected in our Condensed Consolidated Balance Sheets related to the Spicetec and JM Swank businesses were as follows:

	May 29, 2016
Spicetec:
Current assets	$	43.3
Noncurrent assets (including goodwill of $104.7 million)	148.3
Current liabilities	10.3
Noncurrent liabilities	1.2
Swank:
Current assets	$	73.7
Noncurrent assets (including goodwill of $53.8 million)	74.3
Current liabilities	44.3
Noncurrent liabilities	0.4