GOODWILL AND OTHER IDENTIFIABLE INTANGIBLE ASSETS (Tables)

6 Months Ended

Nov. 27, 2016

GOODWILL AND OTHER IDENTIFIABLE INTANGIBLE ASSETS

Schedule of changes in the carrying amount of goodwill

	Global		Foodservice		Retail		Other		Total
Balance at May 29, 2016	$	75.7	$	42.8	$	10.9	$	4.5	$	133.9
Foreign currency translation adjustment		(2.2)		—		—		—		(2.2)
Balance at November 27, 2016	$	73.5	$	42.8	$	10.9	$	4.5	$	131.7

Schedule of other identifiable intangible assets

	November 27, 2016					May 29, 2016
	Weighted					Weighted
	Average	Gross				Average	Gross
	Useful Life	Carrying		Accumulated		Useful Life	Carrying		Accumulated
	(in years)	Amount		Amortization		(in years)	Amount		Amortization
Non-amortizing intangible assets (a)	n/a	$	18.0	$	—	n/a	$	18.0	$	—
Amortizing intangible assets (b)	14		35.1		14.8	14		35.1		13.5
		$	53.1	$	14.8		$	53.1	$	13.5

(a) Non-amortizing intangible assets are comprised of brands and trademarks.

(b) Amortizing intangible assets are principally composed of customer relationships, licensing arrangements, and intellectual property. During the thirteen weeks ended November 27, 2016 and November 29, 2015, amortization expense was $0.5 million and $0.7 million, respectively. During the twenty-six weeks ended November 27, 2016 and November 29, 2015, amortization expense was $1.3 million and $1.1 million, respectively.

Schedule of estimated intangible asset amortization expense

	Amortization
2017 remainder	$	1.0
2018		1.9
2019		1.8
2020		1.8
2021		1.8
2022		1.8
Thereafter		10.2
	$	20.3