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PRE-TAX INCOME AND INCOME TAXES - Schedule of the Tax Effect of Temporary Differences and Carryforwards (Details) - USD ($)
$ in Millions
May 28, 2017
May 29, 2016
Assets    
Accrued expenses $ 20.2 $ 17.1
Compensation related liabilities 63.9 78.4
Pension and other postretirement benefits 275.2 433.6
Other liabilities that will give rise to future tax deductions 117.9 125.9
Net capital and operating loss carryforwards 1,112.5 1,586.0
Other 60.0 61.5
Gross deferred tax assets 1,649.7 2,302.5
Less: Valuation allowance (1,013.4) (1,433.5)
Net deferred taxes 636.3 869.0
Liabilities    
Property, plant and equipment 216.6 251.9
Goodwill, trademarks and other intangible assets 623.4 675.8
Investment in unconsolidated subsidiaries 237.8 246.7
Other 6.3 9.6
Gross deferred tax liabilities 1,084.1 1,184.0
Net deferred taxes $ 1,084.1 $ 1,184.0