XML 65 R47.htm IDEA: XBRL DOCUMENT v3.7.0.1
FAIR VALUE MEASUREMENTS (Tables)
12 Months Ended
May 28, 2017
Fair Value Disclosures [Abstract]  
Schedule of Financial Assets and Liabilities Measured at Fair Value
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 28, 2017:
 
Level 1
 
Level 2
 
Level 3
 
Total
Assets:
 
 
 
 
 
 
 
Derivative assets
$
2.0

 
$
0.3

 
$

 
$
2.3

Available-for-sale securities
3.5

3.5


 

 
3.5

Total assets
$
5.5

 
$
0.3

 
$

 
$
5.8

Liabilities:
 
 
 
 
 
 
 
Derivative liabilities
$

 
$
1.3

 
$

 
$
1.3

Deferred compensation liabilities
47.2

 

 

 
47.2

Total liabilities
$
47.2

 
$
1.3

 
$

 
$
48.5

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
 
Total
Assets:
 
 
 
 
 
 
 
Derivative assets
$
3.3

 
$
20.8

 
$

 
$
24.1

Available-for-sale securities
3.0

 

 

 
3.0

Total assets
$
6.3

 
$
20.8

 
$

 
$
27.1

Liabilities:
 
 
 
 
 
 
 
Derivative liabilities
$

 
$
0.6

 
$

 
$
0.6

Deferred compensation liabilities
40.0

 

 

 
40.0

Total liabilities
$
40.0

 
$
0.6

 
$

 
$
40.6