Goodwill and Other Intangible Assets (Tables)

3 Months Ended

Aug. 28, 2016

Goodwill and Other Intangible Assets [Abstract]

Schedule of components of goodwill and other intangible assets [Table Text Block]

In Millions		Aug. 28, 2016		May 29, 2016
Goodwill	$	8,758.2	$	8,741.2
Other intangible assets:
Intangible assets not subject to amortization:
Brands and other indefinite-lived intangibles		4,165.7		4,147.5
Intangible assets subject to amortization:
Franchise agreements, customer relationships, and other finite-lived intangibles		538.4		536.9
Less accumulated amortization		(151.9)		(145.8)
Intangible assets subject to amortization, net		386.5		391.1
Other intangible assets		4,552.2		4,538.6
Total	$	13,310.4	$	13,279.8

Schedule of changes in the carrying amount of goodwill [Table Text Block]

In Millions		U.S. Retail		International		Convenience Stores and Foodservice		Joint Ventures		Total
Balance as of May 29, 2016	$	6,292.9	$	1,121.0	$	921.1	$	406.2	$	8,741.2
Other activity, primarily foreign
currency translation		-		14.1		-		2.9		17.0
Balance as of Aug. 28, 2016	$	6,292.9	$	1,135.1	$	921.1	$	409.1	$	8,758.2

Schedule of changes in the carrying amount of other intangible assets [Table Text Block]

In Millions		U.S. Retail		International		Joint Ventures		Total
Balance as of May 29, 2016	$	3,211.7	$	1,263.9	$	63.0	$	4,538.6
Other activity, primarily foreign currency translation		(0.9)		13.6		0.9		13.6
Balance as of Aug. 28, 2016	$	3,210.8	$	1,277.5	$	63.9	$	4,552.2

Schedule of at-risk brand assets [Table Text Block]

As of our fiscal 2016 annual goodwill and indefinite-lived intangible asset impairmentassessment date, there was no impairment of any of our goodwill or indefinite-lived intangible assets as their related fair values were substantially in excess of the carrying values, except for theMountain High and Uncle Toby’sbrand assets. The excess fair value above the carrying value of these brand assets is as follows:

In Millions		Carrying Value	Excess Fair Value Above Carrying Value
Mountain High	$	35.4	20%
Uncle Toby's	$	52.2	11%