FAIR VALUE MEASUREMENTS (Tables)

3 Months Ended

Aug. 28, 2016

Fair Value Disclosures [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 August 28, 2016:

	Level 1		Level 2		Level 3		Net Value
Assets:
Derivative assets	$	3.0	$	20.1	$	—	$	23.1
Available-for-sale securities	3.2		—		—		3.2
Deferred compensation assets	0.7		—		—		0.7
Total assets	$	6.9	$	20.1	$	—	$	27.0
Liabilities:
Derivative liabilities	$	—	$	0.4	$	—	$	0.4
Deferred compensation liabilities	54.2		—		—		54.2
Total liabilities	$	54.2	$	0.4	$	—	$	54.6

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 29, 2016:

	Level 1		Level 2		Level 3		Net Value
Assets:
Derivative assets	$	4.7	$	21.4	$	—	$	26.1
Available-for-sale securities	3.0		—		—		3.0
Deferred compensation assets	0.7		—		—		0.7
Total assets	$	8.4	$	21.4	$	—	$	29.8
Liabilities:
Derivative liabilities	$	—	$	0.7	$	—	$	0.7
Deferred compensation liabilities	46.5		—		—		46.5
Total liabilities	$	46.5	$	0.7	$	—	$	47.2