GOODWILL AND OTHER IDENTIFIABLE INTANGIBLE ASSETS (Tables)

9 Months Ended

Feb. 26, 2017

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		(1.2)		—		—		—		(1.2)
Balance at February 26, 2017	$	74.5	$	42.8	$	10.9	$	4.5	$	132.7

Schedule of other identifiable intangible assets

	February 26, 2017					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		34.9		15.2	14		35.1		13.5
		$	52.9	$	15.2		$	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 both the thirteen weeks ended February 26, 2017 and February 28, 2016, amortization expense was $0.5 million. During the thirty-nine weeks ended February 26, 2017 and February 28, 2016, amortization expense was $1.8 million and $1.6 million, respectively.

Schedule of estimated intangible asset amortization expense

	Amortization
2017 remainder	$	0.5
2018		1.9
2019		1.8
2020		1.8
2021		1.8
2022		1.8
Thereafter		10.1
	$	19.7