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GOODWILL AND OTHER IDENTIFIABLE INTANGIBLE ASSETS (Tables)
3 Months Ended
Aug. 27, 2017
GOODWILL AND OTHER IDENTIFIABLE INTANGIBLE ASSETS  
Schedule of changes in the carrying amount of goodwill

Changes in the carrying amount of goodwill were as follows (dollars in millions):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

 

 

    

 

 

    

 

 

    

 

    

 

 

 

    

Global 

    

Foodservice

    

Retail

    

Other

    

Total

Balance at May 28, 2017

 

$

74.8

 

$

42.8

 

$

10.9

 

$

4.5

 

$

133.0

Foreign currency translation adjustment

 

 

1.1

 

 

 —

 

 

 —

 

 

 —

 

 

1.1

Balance at August 27, 2017

 

$

75.9

 

$

42.8

 

$

10.9

 

$

4.5

 

$

134.1

 

Schedule of other identifiable intangible assets

Other identifiable intangible assets were as follows (dollars in millions):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

August 27, 2017

 

May 28, 2017

 

    

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

  

 

35.0

  

 

16.2

  

14

  

 

34.9

  

 

15.7

 

  

 

  

$

53.0

  

$

16.2

  

 

  

$

52.9

  

$

15.7


(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 August 27, 2017 and August 28, 2016, amortization expense was $0.5 million and $0.7 million, respectively.