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Goodwill and Other Intangible Assets (Tables)
9 Months Ended
Feb. 28, 2021
Goodwill and Other Intangible Assets [Abstract]  
Schedule of components of goodwill and other intangible assets [Table Text Block]

In Millions

Feb. 28, 2021

 

May 31, 2020

Goodwill

$

14,034.6

 

$

13,923.2

Other intangible assets:

 

 

 

 

 

Intangible assets not subject to amortization:

 

 

 

 

 

Brands and other indefinite-lived intangibles

 

6,619.1

 

 

6,561.4

Intangible assets subject to amortization:

 

 

 

 

 

Franchise agreements, customer relationships, and other finite-lived intangibles

 

817.5

 

 

777.8

Less accumulated amortization

 

(288.3)

 

 

(243.4)

Intangible assets subject to amortization, net

 

529.2

 

 

534.4

Other intangible assets

 

7,148.3

 

 

7,095.8

Total

$

21,182.9

 

$

21,019.0

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

In Millions

 

North America Retail

 

Pet

 

Convenience Stores & Foodservice

 

Europe & Australia

 

Asia & Latin America

 

Joint Ventures

 

Total

Balance as of May 31, 2020

 

$

6,403.7

 

$

5,300.5

 

$

918.8

 

$

690.7

 

$

203.8

 

$

405.7

 

$

13,923.2

Other activity, primarily

foreign currency translation

 

 

9.0

 

 

-

 

 

-

 

 

66.3

 

 

0.5

 

 

35.6

 

 

111.4

Balance as of Feb. 28, 2021

 

$

6,412.7

 

$

5,300.5

 

$

918.8

 

$

757.0

 

$

204.3

 

$

441.3

 

$

14,034.6

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

In Millions

 

 

Total

Balance as of May 31, 2020

 

$

7,095.8

Other activity, primarily foreign currency translation

 

 

52.5

Balance as of Feb. 28, 2021

 

$

7,148.3