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Stockholders' Equity (Tables)
3 Months Ended
Aug. 27, 2017
Stockholders' Equity Note [Abstract]  
Schedule of Accumulated Other Comprehensive Income (Loss)
The components of accumulated other comprehensive income (loss), net of tax, for the quarters ended August 27, 2017 and August 28, 2016 are as follows:
(in millions)
 
Foreign Currency Translation Adjustment
 
Unrealized Gains (Losses) on Marketable Securities
 
Unrealized Gains (Losses) on Derivatives
 
Benefit Plan Funding Position
 
Accumulated Other Comprehensive Income (Loss)
Balance at May 28, 2017
 
$
(0.7
)
 
$
0.1

 
$
8.2

 
$
(70.5
)
 
$
(62.9
)
Gain (loss)
 
(0.5
)
 

 
(2.8
)
 

 
(3.3
)
Reclassification realized in net earnings
 

 

 
0.2

 
(0.1
)
 
0.1

Balance at August 27, 2017
 
$
(1.2
)
 
$
0.1

 
$
5.6

 
$
(70.6
)
 
$
(66.1
)
 
 
 
 
 
 
 
 
 
 
 
Balance at May 29, 2016
 
$
(1.2
)
 
$
0.1

 
$
3.9

 
$
(89.8
)
 
$
(87.0
)
Gain (loss)
 

 

 
(3.9
)
 

 
(3.9
)
Reclassification realized in net earnings
 

 

 
1.4

 
0.1

 
1.5

Balance at August 28, 2016
 
$
(1.2
)
 
$
0.1

 
$
1.4

 
$
(89.7
)
 
$
(89.4
)


Reclassification out of Accumulated Other Comprehensive Income
The following table presents the amounts and line items in our consolidated statements of earnings where adjustments reclassified from AOCI into net earnings were recorded.
 
 
 
Amount Reclassified from AOCI into Net Earnings
 
 
 
Three Months Ended
(in millions)
AOCI Components
Location of Gain (Loss) Recognized in Earnings
 
August 27,
2017
 
August 28,
2016
Derivatives
 
 
 
 
 
Equity contracts
(1)
 
(0.2
)
 
(1.4
)
Total before tax
 
 
$
(0.2
)
 
$
(1.4
)
Tax benefit
 
 

 

Net of tax
 
 
$
(0.2
)
 
$
(1.4
)
 
 
 
 
 
 
Benefit plan funding position
 
 
 
 
 
Recognized net actuarial loss - pension/postretirement plans
(2)
 
$
(0.7
)
 
$
(0.8
)
Recognized net actuarial gain - other plans
(3)
 
0.8

 
0.6

Total before tax
 
 
$
0.1

 
$
(0.2
)
Tax benefit
 
 

 
0.1

Net of tax
 
 
$
0.1

 
$
(0.1
)


(1)
Primarily included in restaurant labor costs and general and administrative expenses. See Note 12 for additional details.
(2)
Included in the computation of net periodic benefit costs - pension and postretirement plans, which is a component of restaurant labor expenses and general and administrative expenses. See Note 10 for additional details.
(3)
Included in the computation of net periodic benefit costs - other plans, which is a component of general and administrative expenses.