RESTRUCTURING ACTIVITIES (Tables)

3 Months Ended

Aug. 27, 2017

Restructuring and Related Activities [Abstract]

Schedule of Pre-Tax Expenses in Association with the SCAE Plan

We anticipate that we will recognize the following pre-tax expenses in association with the SCAE Plan related to our continuing operations (amounts include charges recognized from plan inception through the first quarter of fiscal 2018):

	Grocery & Snacks		Refrigerated & Frozen		International		Foodservice		Corporate		Total
Pension costs	$	32.9	$	1.5	$	—	$	—	$	—	$	34.4
Accelerated depreciation	33.7		18.6		—		—		1.2		53.5
Other cost of goods sold	9.2		2.1		—		—		—		11.3
Total cost of goods sold	75.8		22.2		—		—		1.2		99.2
Severance and related costs, net	26.9		10.3		2.5		7.9		102.1		149.7
Fixed asset impairment (net of gains on disposal)	7.4		6.9		—		—		11.2		25.5
Accelerated depreciation	—		—		—		—		4.4		4.4
Contract/lease cancellation expenses	0.8		0.6		0.6		—		72.6		74.6
Consulting/professional fees	0.9		0.4		0.1		—		52.7		54.1
Other selling, general and administrative expenses	15.0		3.2		—		—		24.4		42.6
Total selling, general and administrative expenses	51.0		21.4		3.2		7.9		267.4		350.9
Consolidated total	$	126.8	$	43.6	$	3.2	$	7.9	$	268.6	$	450.1

During the first quarter of fiscal 2018, we recognized the following pre-tax expenses for the SCAE Plan related to our continuing operations:

	Grocery & Snacks		Corporate		Total
Accelerated depreciation	$	1.2	$	—	$	1.2
Other cost of goods sold	1.1		—		1.1
Total cost of goods sold	2.3		—		2.3
Severance and related costs, net	2.0		—		2.0
Fixed asset impairment (net of gains on disposal)	0.1		4.4		4.5
Accelerated depreciation	—		0.6		0.6
Consulting/professional fees	—		0.2		0.2
Other selling, general and administrative expenses	1.8		—		1.8
Total selling, general and administrative expenses	3.9		5.2		9.1
Consolidated total	$	6.2	$	5.2	$	11.4

Included in the above table are $4.8 million of charges that have resulted or will result in cash outflows and $6.6 million in non-cash charges.

We recognized the following cumulative (plan inception to August 27, 2017) pre-tax expenses related to the SCAE Plan related to our continuing operations in our Condensed Consolidated Statements of Earnings:

	Grocery & Snacks		Refrigerated & Frozen		International		Foodservice		Corporate		Total
Pension costs	$	32.9	$	1.5	$	—	$	—	$	—	$	34.4
Accelerated depreciation	32.2		18.6		—		—		1.2		52.0
Other cost of goods sold	6.1		2.1		—		—		—		8.2
Total cost of goods sold	71.2		22.2		—		—		1.2		94.6
Severance and related costs, net	25.9		10.3		2.5		7.9		101.5		148.1
Fixed asset impairment (net of gains on disposal)	7.4		6.9		—		—		11.2		25.5
Accelerated depreciation	—		—		—		—		3.2		3.2
Contract/lease cancellation expenses	0.8		0.6		0.6		—		71.3		73.3
Consulting/professional fees	0.9		0.4		0.1		—		51.4		52.8
Other selling, general and administrative expenses	13.0		3.2		—		—		20.0		36.2
Total selling, general and administrative expenses	48.0		21.4		3.2		7.9		258.6		339.1
Consolidated total	$	119.2	$	43.6	$	3.2	$	7.9	$	259.8	$	433.7

Schedule of Liabilities Recorded for the SCAE Plan

Liabilities recorded for the SCAE Plan related to our continuing operations and changes therein for the first quarter of fiscal 2018 were as follows:

	Balance at May 28, 2017		Costs Incurred and Charged to Expense		Costs Paid or  Otherwise Settled			Changes in Estimates			Balance at August 27, 2017
Pension costs	$	31.8	$	—	$	—		$	—		$	31.8
Severance and related costs	13.8		2.3		(4.4		)	(0.3		)	11.4
Consulting/professional fees	0.6		0.2		(0.6		)	—			0.2
Contract/lease cancellation	11.6		—		(1.7		)	—			9.9
Other costs	1.9		2.7		(3.2		)	—			1.4
Total	$	59.7	$	5.2	$	(9.9	)	$	(0.3	)	$	54.7