Retirement and Postemployment Benefits

9 Months Ended

Feb. 28, 2021

Retirement and Postemployment Benefits [Abstract]

Retirement and Postemployment Benefits

(12) Retirement and Postemployment Benefits

Components of net periodic benefit (income) expense are as follows:

		Defined Benefit Pension Plans				Other Postretirement Benefit Plans				Postemployment Benefit Plans
		Quarter Ended				Quarter Ended				Quarter Ended
In Millions		Feb. 28, 2021		Feb. 23, 2020		Feb. 28, 2021		Feb. 23, 2020		Feb. 28, 2021		Feb. 23, 2020
Service cost	$	26.1	$	23.3	$	2.0	$	2.3	$	2.3	$	2.1
Interest cost		48.0		57.7		4.5		6.8		0.4		0.7
Expected return on plan assets		(105.3)		(112.5)		(8.7)		(10.6)		-		-
Amortization of losses (gains)		27.1		26.5		(1.3)		(0.5)		0.7		0.2
Amortization of prior service costs (credits)		0.3		0.4		(1.3)		(1.3)		0.1		0.1
Other adjustments		-		-		-		-		2.1		2.2
Net (income) expense	$	(3.8)	$	(4.6)	$	(4.8)	$	(3.3)	$	5.6	$	5.3
		Defined Benefit Pension Plans				Other Postretirement Benefit Plans				Postemployment Benefit Plans
		Nine-Month Period Ended				Nine-Month Period Ended				Nine-Month Period Ended
In Millions		Feb. 28, 2021		Feb. 23, 2020		Feb. 28, 2021		Feb. 23, 2020		Feb. 28, 2021		Feb. 23, 2020
Service cost	$	78.1	$	69.7	$	6.3	$	7.1	$	6.9	$	6.3
Interest cost		143.9		173.0		13.5		20.4		1.2		2.0
Expected return on plan assets		(315.4)		(337.5)		(26.0)		(31.6)		-		-
Amortization of losses (gains)		81.1		79.9		(3.8)		(1.6)		2.1		0.5
Amortization of prior service costs (credits)		0.9		1.2		(4.1)		(4.1)		0.5		0.5
Other adjustments		-		-		-		-		6.5		6.6
Net (income) expense	$	(11.4)	$	(13.7)	$	(14.1)	$	(9.8)	$	17.2	$	15.9