ACCRUED LIABILITIES (Tables)

12 Months Ended

May 28, 2017

ACCRUED LIABILITIES

Schedule of components of accrued liabilities

The components of accrued liabilities were as follows (dollars in millions):

	May 28,		May 29,
	2017		2016
Compensation and benefits	$	80.1	$	64.8
Accrued trade promotions		40.5		35.6
Dividends payable		27.4		—
Accrued interest		10.2		0.6
Franchise, property, and sales and use taxes		9.8		12.0
Income taxes payable		4.7		—
Other		27.8		20.2
Accrued liabilities	$	200.5	$	133.2