Restructuring, Impairment, and Other Exit Costs (Tables)

12 Months Ended

May 31, 2020

RESTRUCTURING, IMPAIRMENT, AND OTHER EXIT COSTS [Abstract]

Restructuring and Impairment Charges and Project-Related Costs

Expense, in Millions
Targeted actions in global supply chain	$	80.2
Charges associated with restructuring actions previously announced		(2.6)
Total	$	77.6

Expense, in Millions
Global cost savings initiatives	$	49.3
Charges associated with restructuring actions previously announced		33.4
Total	$	82.7

		Fiscal Year
In Millions		2020		2019		2018
Cost of sales	$	25.8	$	9.9	$	14.0
Restructuring, impairment, and other exit costs		24.4		275.1		165.6
Total restructuring and impairment charges		50.2		285.0		179.6
Project-related costs classified in cost of sales	$	1.5	$	1.3	$	11.3

Rollforward of Restructuring and Other Exit Cost Reserves

The roll forward of our restructuring and other exit cost reserves, included in other current liabilities, is as follows:

In Millions		Severance		Contract Termination		Other Exit Costs		Total
Reserve balance as of May 28, 2017	$	81.8	$	0.7	$	2.5	$	85.0
Fiscal 2018 charges, including foreign currency translation		40.8		0.2		(0.7)		40.3
Utilized in fiscal 2018		(56.6)		(0.8)		(1.1)		(58.5)
Reserve balance as of May 27, 2018		66.0		0.1		0.7		66.8
Fiscal 2019 charges, including foreign currency translation		7.7		2.5		1.4		11.6
Utilized in fiscal 2019		(37.2)		(2.6)		(2.1)		(41.9)
Reserve balance as of May 26, 2019		36.5		-		-		36.5
Fiscal 2020 charges, including foreign currency translation		(5.0)		0.8		1.7		(2.5)
Utilized in fiscal 2020		(13.7)		(0.8)		(1.7)		(16.2)
Reserve balance as of May 31, 2020	$	17.8	$	-	$	-	$	17.8